Post
Topic
Board Altcoin Discussion
Re: A crash is also a chance to change allocations of your coins
by
Hamphser
on 27/01/2022, 20:43:20 UTC
But it has to be done to sell old coins.
Just look at Litecoin!
It was very famous but now, nobody wants Litecoin anymore.
New coins have outscored Litecoin and it will happen again.
Right now, Tron, Cardano and Ripple will follow to what happened Litecoin.
Only few coins will keep a position as a top project and a bear market is a good time to buy fresh coins.
You have the point about Litecoin and for some old coins. But there are still those older coins that can't be avoided to hold. I agree to you about the bear market like eliminating many of the projects in the market. It's like the way to remove a huge market cap for them because everyone is going to be assuring that they've invested to the best projects and that would be bitcoin. And with the choices OP has given, I think it must include Dot and Sol too.
If you do really look on bigger picture then you could really actually made out some decent choice specially if you do deal with old and those high volumed coins in the market which is more preferable rather than on focusing on with those low caps which you do hope that they would really be making some significant rise in the market.Well i cant really blame though since there are really times or opportunities which
you could really make yourself rich if you do hit the right spot.

Allocating in your investment on various coins would really be totally depending on your own preference and since its your money then its your choice to make not on others.