Post
Topic
Board Speculation (Altcoins)
Re: How do you decide on a buy price target?
by
TimeTeller
on 23/05/2023, 21:58:55 UTC
In this situation, I could still have them but just a small chunk of investment. I'd rather make a new start in a new project which is going to rise, not coming from the hyped price as it was pretty hard to recover.

Although we can say correction would happen to the market but seeing it doing down from the top, seems to be not a good indication especially, if that project is new. Not totally we can say it turns to die but several coins have that situation and never rise back, so we need to anticipate such a thing as well.

People should also consider if the project has long-term plans to begin with.
Because it may be in free fall because it is about to be abandoned by its owners.
Each project should be taken seriously if you are spending your hard-earned money.
Thus, you need to know the future of the project, if there's any. Most are just wasting your time.