Post
Topic
Board Altcoin Discussion
Re: Invest Only In a Coin that Increase in Value in this Bull Run.
by
EarnOnVictor
on 22/05/2024, 16:04:21 UTC
If a Coin or a Cryptocurrency Project that has been launched and it is not increasing in value in the bull market while others are increasing tremendously, I advise you not to invest in that coin because if invest in it and it's not increase in value now till the bear market again then when do you think the coin will increase for you to make a profit.
This is very good advice and it is similar to what I just issued out in my last post to advise people against investing in crypto projects because they too much trust it and believe it is merely overvalued and that it will later buy more to shock everyone. This could cause issues in the long run and the coins/tokens that were so undervalued in your view might remain like that until the next bearish phase comes into play. So what is the gain of the investors when they eventually lose hugely?

There are coins/tokens now that I will not even go near anymore, the risk is high and I mostly judge them by what they've been doing since the last quarter of 2022. Since that time, the crypto market has had at least 4 different bull runs, and after each bull run, there were corrections as well. So if those cryptos were encouraging, they would have performed well by now or have a performance that would at least hint what would have at least given the investor hope.

But they are just sluggish, it will even be worse if someone buys at a higher level after struggling to get there. It will be easy for it to fall hugely during the bearish season.