Post
Topic
Board Speculation (Altcoins)
Re: Altcoins worth investing at dip
by
Mame89
on 21/05/2022, 12:23:28 UTC
Not all top altcoins are worth buying, i just recommend eth or bnb over others. Agree that there are a lot of altcoins that are heavily bearish and worth trying but very risky as not all will survive the extended bear season. When bear season comes is an opportunity to buy cheap coins and wait for the bull season to come but do your research before buying.
Ethereum and BNB are certainly unquestionable and in the long run it's totally worth it,
but even so that does not mean other altcoins are not worth buying because it all depends on our own research,
for sure there are other potential coins and we can buy them
agree with you, what we need to know is to apply long positions at the bottom when they occur. this is a good moment to start a long-term developing asset, waiting for the bull season to occur. preparing the category of coins that we need to buy confidently can turn into a diamond in the next year. Start from now?
Currently, it is not safe to buy high-end altcoins, considering that Luna is also at the top, but serious crashes can occur. therefore we look at the potential altcoins that are closest to bitcoin, I also feel that eth and bnb are the most suitable for dealing with bears season like today, considering that both have advantages. Moreover, the level of investor confidence is a positive point for future developments
Now is not the right time to buy, I choose to wait for these bears to make the altcoin red market to bottom. as has happened from year to year when bears come most will experience a decrease of 70% or more of the ATH that has been made. this position is golden time if we look at the base price and start choosing coins that must be prepared for the long term