Post
Topic
Board Altcoin Discussion
Re: Be careful buying alts right now
by
Pamadar
on 14/09/2022, 11:22:24 UTC
But the current time is very dangerous. At this time you should always be careful in investing.And even if you invest, buy the best coins that are available and invest for long term.And if you can't do that, then refrain from investing in this situation because the market condition is so bad that no one can do proper research.And always keep in mind that your investment never comes to a loss.
Investing in altcoins is extremely risky when Bitcoin gives some positive signals but cannot advance and repeatedly fails. Altcoins have lost a lot of value in the bearish market and are still losing more and more. So investing in altcoins at this point has the highest risk of losing money.

No doubt about that, there are many rider types of traders, they just want to have a quick earn schemes and quit as soon as possible.

It really affects the whole market during the bear season. If there are more sellers, the value will continue to fall,
while if happens that the market experienced bull there are many traders that will buy and think that it will grow more,
eventually it falls, and those who bought at the peak will lose a lot when dump continue to hit their hold investment.