Quote from: niall51 on Today at 03:25:17 PM

Quote from: kentrolla on November 14, 2023, 09:00:36 AM

I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

If not now, when else, don't ever time the market to split altcoins when you are ready, look for altcoins that have the potential to give us profits that can increase 3-5x based on your research because the cycle times are very different from the entry of large companies, the market is much more difficult to predict, maybe it's an opportunity. This only comes once in our lifetime, so take advantage of this opportunity as best as possible because this cycle can be said to be a cryptocurrency super mega cycle

Investing in Altcoins is always very risky as its price fluctuates excessively so it is not a long-term investment. If you do not invest in Altcoins at the right time and sell at the right time, there is a high chance of losing more than profit. Especially if you invest at the beginning of the hype and sell during the hype, you get more profit from here. But if you buy and hold during the hype period, you will lose a lot. Altcoins are capable of making very good profits as quickly as they are also capable of making large losses