Quote from: Kelvinid on January 31, 2022, 09:47:50 PM

Quote from: South Park on January 31, 2022, 09:28:42 PM

Quote from: poonam8288 on January 25, 2022, 05:32:37 AM

The market has been going downhill for some time now. In order to get the best return in such a situation, which altcoin should we invest in that gives us the maximum benefit?

For the moment my recommendation is that you stay away from altcoins, I know that people want to recover the money they have lost due to the most recent correction as fast as they possibly can, but you need to let the market to recover a little bit more before you can think of something like that, I know this is probably not what you want to hear but this is precisely why you need to be incredibly patient because when the market is behaving like this is when people make the mistakes that eventually damage their account to the point of no return.

I tend to disagree with this, many altcoins are potential and can even compete with Bitcoin in terms of profit returns. Those who are in the top 10 coins in the market are of good investment which I believe we don't waste our money and time with them. Although we think about a slow recovery but then, buying at this cheaper price and wait for the next pump is somewhat rewarded. We can't just ignore their potentiality as Bitcoin will recover, they are about to follow then.

And I have no problem with you disagreeing with me, as long as what you are doing is effective and you are making money with it then you should keep doing what works for you, personally my style is more passive and I prefer to not make as many trades as that means that I am letting the market influence me too much, I also avoid all kind of new and exotic altcoins, I know that that is where huge gains can be gotten but also where disastrous results can happen as well, and since I plan to be in this market for the long term then I prefer to avoid those coins.