Quote from: Taskford on October 11, 2024, 09:33:09 AM

Quote from: Wakate on October 09, 2024, 10:44:01 PM

Quote from: Rampagoe004 on October 07, 2024, 02:47:08 AM

Quote from: Ekanayake90 on September 26, 2024, 10:01:05 AM

Hi everyone! It would be great if everyone can say a word on what altcoins are you guys planing to invest or already invested in with the hope of selling in to the bull market next year. Personally my method has been investing in new coins with strong VC backings and low float like ZRO, SUI etc also I like SOLCHAT due to its use case.

Very interesting investment plan, you collect lots of coins in portfolios such as ZRO, SUI, etc. I don't know about SOLCHAT whether this coin is suitable for long-term or short-term investment. Collecting lots of altcoins as an investment for the future when the altcoin price rises next year, if in reality the altcoin is not as expected and reverses direction, what should be done.

I don't collect many coins in my portfolio but choose some of the top altcoins as the safest and least risky investments such as ETH, BNB to invest in at the moment.

I think it is better we go for the current big project in the market and hold them if we intend investing for the bull market. Buying random new projects can be very risky because we don't even know if the price could fall at anytime making users to lose money especially when it going to take longer time before the price could recover. Their are so many new projects in the market and more are still getting launched every single days. It is good we need to think and do some research before buying any new coins in the market. Investing with any research to know about the project might not worth it. The arm is to make money smartly without risking too much.

Kinda bit off taking a risk with new tokens since we don't know if they stay for long time since provably that a lot of scams would happen compare seeing more good pumps from those things. So would rather go directly to the top coins or shall we say Bitcoin if we talk about long term since nothing could give us good chances to earn compare with bitcoin.

Yeah so many project launch every day and its like there's new project created every hour so we must be careful dealing with them since lots of them are scam. So much better to deal with new project for short term only since this is the best thing to do while they don't have good trust score build up in the ecosystem. We should aim to earn quick profits from alts and don't get fooled thinking about long term with them since usually those new project usually execute those rug pull schemes and to bad if we will get caught by that schemes.

Definitely, new coins arent something that you should hold on to forever. The strategy should be to rotaing profits to accumilate Bitcoin. The thing is, newly launched coins tend to outperform others in bullmarkets.