Post
Topic
Board Altcoin Discussion
Re: is it still risky to Invest into Altcoin now?
by
Churchillvv
on 13/12/2023, 22:54:24 UTC
of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs, but still I recommend you to invest in altcoin that are in the top 50 on coinmarketcap, because it is safer and the price will definitely increase when the next bullrun occurs, so you will definitely get profit and altcoin that I recommend is :
1. ETH
2. BNB
3. XRP
4. SOL
5. Matic
6. EGLD
Here I the list I chose only 1 to 5 the 6th is not an option for me I can buy EGLD after the experience I got from it before. even as the bull run is around the corner I can buy EGLD because sometimes it doesn't follow other coin to increase when they increase rather it goes opposite the chart.


of course not, because now is the right time to invest and continue doing DCA altcoin until the next bullrun comes, so don't miss the current opportunity to invest in altcoin and hold until the next bullrun occurs, so you will definitely get a big profit when the next bullrun occurs,
@barhavsky It is bad time for DCA, Market is now bullish.. Many token already up more than 2x. This market is best for short term profit but remember that most of long term holders always look for bull market and sell their coins.. The good time for DCA is when bear market started and people start selling their short term tokens. When bear start and token start dumping then it is best time to accumulating tokens for long term and then DCA is best strategy to buy in every big dip.
I don't even see DCA as an option on Altcoins because it solely deals with high increase and high decrease which if you real want to benefit you have to lump sum (buy as much as you can) during speculated bull run. if at the moment we are approaching bull run you can buy any Altcoin of your choose but at least ones at the top to reduce the chance of your capital from loses.
If you buy during the dips bro I assure you it will dip more because you can't determine the market so you have to reduce the risk and buy only when the bull run is around the corner.