Post
Topic
Board Speculation (Altcoins)
Re: is right time for investment ?
by
irsykes
on 29/11/2023, 15:00:30 UTC
various ways for proper investment, such as buying good altcoins in the bear season and holding long term until the bull season comes. on the other hand the bull season can be said to be many significant projects very quickly to make money. become part of projects such as through IDO, ICO, or airdrop hype. if can research potential projects
Yes, but it is very difficult to find new profitable projects and nowadays it is increasingly rare and difficult to find them. Maybe what you say is right, during the bull season many new projects emerge that can make money. Moreover, we must be able to follow ongoing trends, such as new innovations, so that we can get involved as early as possible

but if you still want to invest, just stick to top alts with rock solid foundation or usage. because the usual dilemma for most new alts is that they have short lifespan or they won't even hit the exchange.
any crowdsourcing these days are not reliable. and if you try to invest on them, it is always best to dig the project before they will dig your funds to the grave.  Roll Eyes
while even in many years now that only few of new project come across exchange yet nowadays it becomes fewer that almost 1or2 our of 10 that the project goes to exchange and not to mention what kind of exchange are those meaning not in the bigger one.
so the chance of becoming earner is really hard to tell nowadays when we are investing in new projects.
so still better to consider investing in ranking if not popular coins at least there is a big percent of you having a safe investments and a possible profit even if sometimes will take you years before tasting the flavor but at least there is a big chances.
In investing, security of capital is the most important thing, therefore choosing the correct investment is the main part of waiting, sometimes we don't know how long the price will match our expectations. Choosing the right time to enter the market is also important, because it determines future profits. On the other hand, instilling the principle that being ready to wait for a long time is also an important part, because there are still many people who think that buying crypto can make a lot of profit in a short time.
many thousands of projects die and the rebirth of new projects up to hundreds gradually alternates, because of the hype and trends of each seeking to profit from the golden opportunity coming from the time leading up to the bull season coming due to preparation. and in the bull season, most projects cannot last long because the conditions and lack of strategy of the development team make it less attractive for investors to come
So in conclusion, invest in popular altcoins like the top 10 featured on CoinMarketCap and time your entry properly, as you said, it should be at the right time, when the price is below, for example bear season, that's the right time to do it. Start and we have to straighten it out by Investing requires sacrifice of time because you have a long time. To get fast profits, you can use many methods such as fast trading
Certainly the top 10 coinmarketcap rankings are part of my portfolio, even though it's a long-term sacrifice to hold the coins that we hope will reach the new ATH. on the other hand, leave some money to play the crypto trend that is currently popular, because there are lots of new things that can increase our money. work hard to get what you expect.