Quote from: Strongkored on Today at 01:53:41 PM

Quote from: Stable090 on August 04, 2024, 06:10:03 PM

Quote from: Bellarg on August 04, 2024, 09:45:27 AM

In every altcoin crash i feel that it will recover as usual but sometimes some alts from my ownr portfolio just stay doomed for the eternity

Some people do end up investing in wrong altcoins, that’s why when their is a dump, some of them will never survive the dump. If we investing in altcoins, then it should be in strong altcoins, but most people are always looking for new coins which they will invest their money, and they will be expecting massive pump, which some of them will never see the pump, rather the project is going to die. The best investment is bitcoin, but if you are investing in altcoins, then it should be strong altcoins, and not shitcoins, if you invest in strong altcoins, you will have little confidence compare to investing in weak altcoins.

Investing in altcoins is very similar to gambling, sometimes even though investing in new altcoins can be profitable and vice versa, it is very difficult to assess which altcoins can provide long-term profits because investing is for the long term, so it is not recommended to invest in altcoins and if you still want to do it, you must understand the big risks involved.
In my opinion, altcoins are only suitable for the short term and never be tempted by news of people who have succeeded many times over in altcoins because the comparison is small compared to those who lose or only make a few percent profit.

You have to be consistent.