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.
In a bear market situation, it is true that investing in altcoins is very risky for us to lose money. Especially if we invest in new coins or meme coins,
the risk is very high. But not all altcoins are bad bought in a bear market situation, if we invest in altcoins that are popular and have strong
fundamentals, I think the risk is not that big. Like ETH and BNB are examples of altcoins that are worth buying in a bear market situation.
Because ETH and BNB have a fairly high demand, so as long as we can be patient holding in the long term then we can generate large profits.
That's why in a bear market situation we have to be more careful in choosing altcoins for investment. Make sure to buy altcoins that we really know
and have a good track record of, so as long as we can choose the right coins we can make a profit even in a bear market situation. Buying Bitcoin at
any time will always be profitable, as long as we are patient waiting for the price to recover and go higher. That's why we shouldn't skip buying Bitcoins, because Bitcoin should always be our priority.