Quote from: AakZaki on Today at 09:28:18 PM

Quote from: riskarcher on July 12, 2023, 04:41:41 PM

Altcoin is very risky right now, we can see the chart every month more dump than before and also SEC targeted many popular altcoin to indicate as Securities. Never do DCA or hold for too long, if we reaching price we want, just quickly for take profit or we will regret, meme coin,layer 1 or web 3 There is no guarantee that the next bullrun will go up. Be aware with situation of market

Be vigilant and care about your money, it's better to get into bitcoin and do DCA Bitcoin is more secure because the price of Bitcoin will improve in the end. But Altcoin prices will be affected by Bitcoin and some Fud that appears. Altcoins have a lot of risks, even the top altcoins are threatened with an SEC decision and make their prices fall even more. we have to be vigilant and do research on any coins that still have good potential in the future besides bitcoin.

Whatever is happening to Bitcoin will always affects the altcoins market so we need to understand that if Bitcoin falls now, it will have crazy effects on the whole cryptocurrency market which can be a disaster if many of the altcoins projects doesn't have a string momentum to pull back not crashing out. There are projects that can not be existence when this happens that is one of the reasons why we need to invest in a good project that will not crash out any time soon. If we are the kind of investors that do more of research about a project before investing, that will keep us safe from rug pull and scam projects.