Quote from: LUCKMCFLY on Today at 06:19:51 PM

Quote from: Tellek Garing on May 25, 2022, 08:57:20 PM

Quote from: Muslimin mj on May 25, 2022, 08:09:09 PM

Quote from: Tellek Garing on November 19, 2021, 07:59:33 PM

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

this thread was created almost a year ago. and current conditions with one year ago have changed and are different. maybe in 2021 many people suggested buying TerraLuna because it has a good rating on coinmarketcap. but now teraluna has lost everything. but for the current state of 2022 I suggest buying Cardano and Solona. because I believe that the current developments for both of them are very good and up to now they are still able to survive in the declining market conditions.

Yes a lot has changed over the last couple of months back and the title of this thread no longer reflects the true condition of the altcoin market, but then we can still point to one or two pieces of information from this thread that can help investors make a better choice.

The tere luna incident was not an ordinary cryptocurrency market movement but an attack on the network, and that attack led to the total collapse of the tere luna market.

After living everything that is happening right now, with the fall of LUNA and with the fundamentals that we have with wars, with a pandemic, we can realize that it is very difficult to trust an altcoin that is profitable, in my case I only I am going for the safest currency in the world, which is BTC, and I think that after BTC I would go for ETH and not put my hands in any other currency, not even Monero, which offers privacy and anonymity, because another drop in BTC and the altcoins can continue bleeding much more, there is also the thorn of LUNA and this has made investors more attentive with all their investments.

There is no more trust in any altcoin right now, just as you mentioned imagine what happened with luna with thousands of investors losing billions of dollars just within a short time.

If you are looking for stability and fewer crashes then Bitcoin is the number one choice because Bitcoin will give you the trust to hold for the long term, not an altcoin.