Post
Topic
Board Speculation (Altcoins)
Re: Downfall still possible?
by
livingfree
on 04/11/2022, 22:46:42 UTC
The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip. Don't be surprised we could face more dip anytime soon, the market just gain a little momentum few day again and this could likely be a bear trap.
There are some good projects that has a solid team that could sustained the market without losing any parentage.
If you've been closely in the market for the past several years, you'll always have it on your mind that the market can have that downfall at most times.

No matter how good your analysis are, they're always going to be unpredictable and the coins that you're holding, if they're random then see to it that you'll see them unexpectedly move out of your sight.

Honestly, analytics in cryptocurrencies doesn't work when the coins are just pumped and dumped, manipulated by underground forces. Best during this bear season to lie down and just focus on bitcoin, other coins are not worth the investment and analysis will not work for you. Don't be naive anymore.
It still does work if you're going to take a look at its background. That will give you an idea that it's just a pump and dump token and is barely going to be alive again.

As for that strategy to get into bitcoin, we've been telling that to the many and how many are listening? They are having that thought of riding the pump of the next altcoin that might grow as the others in the past.

And that's why they're willing to bet on it because that's their thinking and they don't look at the opportunity that bitcoin is setting.