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Quote from: kentrolla on February 05, 2022, 09:27:43 PM

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

There is a level where bitcoin conditions go up but it doesn't affect altcoins in general, usually if bitcoin is progressing, ethereum, BNB, ADA and Solana will also follow that path, but not always this scheme works according to bitcoin's increase, attract to follow or buy ADA and Solana , but I have doubts about ICP going forward, because actually ICP has not seen the potential like the two coins I mentioned.

Bitcoin's condition is not fully followed by the coins you mentioned, sometimes they are followed by the hype themselves or there are other processes that resulted in them to strengthen, I like Ethereum, BNB, there, Solana and ICP, the five coins have a good potential for long and long Short term, it's just that the ongoing market is in a correction, so it doesn't make a big change now, there are times when we wait until this recovery is back on the normal path.

In the case of this year, there is no connection with the strengthening of the coin based on the hype, but more to the strengthening of the bitcoin, but this is more to the large 5 coins as you mentioned, believe it or not we can see on the market, the correction that occurs against coins does not make Rise based on the hype, but follow the hype that applies to Bitcoin, I prefer BNB, Solana and there, because these three coins are more potential than others.

Try to open a bigger horizon, there are many other potential coins, besides BNB and Solana, these two coins do have a good level of stability, but in a correction condition neither can produce anything, when you are interested in investing, there are steps that need to be taken pay attention, for example in the long term, this must be directly related to coins that have long-term prospects, then how do you implement it in the short term, shouldn't these two directions still be filled with investments.

If in the short term we can't use the maximum investment we make, then the long term is a solution to avoid bad things that will happen, even if forced short-term investments in market conditions like this will look futile, almost 80% of coins it's still in the correction stage, that's why the two-way investment model sometimes doesn't always work, it's better to buy BNB and Solana and wait for the market to return to normal.

it is difficult to predict when the market will return to normal, circumstances like this make people invest in coins that have a higher potential rate, but in the case of the big 5 coins, I think they can be bought at any time, considering that such coins have no rate. the risk of loss is so great, BNB is a coin that is worth buying at any time, but solana really depends on what market conditions are in, the two directions you mean are not a guarantee for every existing coin.

The point is that investment must be able to see opportunities, coins in the top 5 or not, as long as they have good potential in the future it is worth buying, sometimes we ignore coins in the top 100 coinmarketcap, even though there are still many of these coins can provide big profits for us, only because of correction we ignore and think it has no potential, even though in normal conditions there are lots of coins that make big profits, therefore think bigger, so as not to get hung up on coins in the big 5.

yes, that's right, sometimes we focus too much on the big 5 coins, even though there are many other coins that can generate much bigger profits, but because many people mention that so we don't take this opportunity, under normal conditions coins that are in the top 100 also have good potential, so we must be able to look at these opportunities carefully, so that our investments do not only focus on the top 5.

most people choose coins in the top 5 because it's not that big of a risk, not for any other reason in my opinion, try to pay attention to why people didn't choose NFT which was hype yesterday, because people know it's only temporary and quite risky, that's why people prefer coins in Top 5, even though other coins also have good potential, if they can be seen and invested at the right time.

different people, there will be different ways of seeing the proportion of certain coins, I think there are also many people who choose NFT and most of them are able to follow the hype, even though they will leave, but what we need to know is that they already got it from the NFT, so let's talk about my opportunities I think we can invest anywhere, as long as we are able to cut losses at the right time, so it doesn't have to be in the top 5