Post
Topic
Board Trading Discussion
Re: Do not limits your investment...
by
milewilda
on 07/07/2023, 20:53:06 UTC
Because when the value of Bitcoin increases, it will for sure also pull the top altcoins in the market for sure, this has happened several times so when the bull happens, for sure most of the altcoins that have real potential will increase.

How do you know then which of the altcoins has real potential and that's why investing in altcoins is very risky because we don't know which one will make it. Not all altcoins rise with Bitcoin when it rises, some also falls as traders dump them to buy Bitcoin. If you're unfortunate and buys those that'll be getting dumped like the memecoins, you'll lose. We don't have to limit our investment but when investing in altcoins we have to be extra cautious.

It's better you avoid investing in altcoins totally because they can make you to lose money more than making you money, altcoins rise fast and give huge returns than Bitcoin but they also dump faster because many of the altcoins are just used for pump and dumps by whales.
Would really be that so hard when it comes to predictions because there's no way on pointing out which coins would really be pumping and which coins wouldnt, this is why we would really be that really be able to
make out lots of random and speculative approach due to this kind of reason but doesnt mean that we are really that wrong on what we are doing.Investment must really be that something needs up to be that
studied well and make your own research because if you dont really do such thing then you would really be that losing money and missing out opportunities on which we arent really that liking to to happen on.
When it comes to choices then it would really vary because not all would really be having the same mindset or approach when it comes into their investment. Some might stick into much safer
point and some would really be taking up the risky path.