Quote from: romero121 on January 23, 2023, 11:54:55 PM

Quote from: Oasisman on January 23, 2023, 11:31:24 PM

Quote from: Desmong on January 23, 2023, 11:17:16 PM

Quote from: Greg Tonoski on January 16, 2023, 01:35:38 PM

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

I don't really understand what you mean by altcoin collapse because any coin that had collapse may not be able to go bullish again. The market is going to be going bullish soon and I am very sure that most altcoins that had lost there liquidity may now start going bullish again since the market is still very positive with more better movement that will lead to a big momentum.

Basic initiative, collapse is another term for dip, correction, or anything bearish. Collapsed is different from "dead", those are the coins who will not gonna rise up again.
Also, the market isn't bullish yet, but it's good to buy top alts in the market today while the price is still affordable. Bullish market may most likely not gonna happen sooner, but most likely before or after the Bitcoin halving next year.

Whenever the market of altcoins is found to be at the bottom make some investment. The altcoins invested should be chosen perfectly, if not we will be in a situation to hold for much longer time period. With altcoins we also need luck, at times what we've chosen to invest won't pump and the rest spikes.

On the other hand it is also not easy to determine which altcoins are really worth it,
it requires research which definitely takes a lot of time to do,
which is clearly not easy to make decisions wisely.