Post
Topic
Board Speculation (Altcoins)
Re: My Investing Coin
by
Minecache
on 06/07/2022, 02:31:06 UTC
Make sure that your investment funds are the one that you can afford to lose because surely you will end up losing everything.
Will forever experience loss in investment? if yes, then very few people will want to invest in crypto, because as long as market conditions and crypto are good, there will be no loss for any investment except for those who often experience unnecessary panic.

We should always be ready to accept losses when investing because it is inevitable. But you will lose everything only if you are investing in shitcoins, if you invest in top coins and don't sell in panic you will never lose. Try to hold the top coins and don't forget that bullrun will come back, panic and sell while price drop can't solve the problem, you should be confident with what you chose earlier.
Yeah, unfortunately prices go up and down. On the bright side, if prices have gone down quite a bit, it also means that they can recover substantially to return to their previous price. ICP is now about 5 usd and peaked at about 500 usd. 0xMR is at .06 usd and peaked at about 2 usd. Either of these would be good bets if you think they will return to their ATH.
I'm not familiar with 0xMR, but in regards to ICP, I believe it to be the biggest crypto scam of all time. The price has been reduced from $500 to $5.
This used to be a very promising project and what ICP is doing now is so poor and forgettable that it bears no comparison. I have a feeling ICP is the next EOS version.
Bitcoin is below $20k again today, and the two coins you mentioned are likely to fall further due to this drop.