Quote from: shinratensei_ on Today at 05:51:10 AM

I think so too, but maybe after breaking the new ATH, some people already saying we're in distribution phase and there will be big retracement, i personally don't buy that bs but it's always a good thing to rethink the decision because maybe that statement is not so far from the truth and getting the chance to rebuy back at low will be a good thing.

Sayings are sayings that are easy to say but accuracy is unknown until the market proves it is accurate or inaccurate. Like we don't know that a bear market already occured when it starts, but we can know it months later when there is no other wave to make new all time high and to maintain the bull market.

It's our capital and we can buy, sell or hold it if we see it's good for our portfolio and prosperity, not only now but long term in future. Prosperity does not come in one night so thinking that buying or selling is bad after one night, is not too suitable with investors.

Quote from: stomachgrowls on December 14, 2024, 06:23:59 PM

When it comes to diversification then its recommended because we can have that multiple possibilities of that kind of recovery. We do know that when it comes to choosing on which coin you will be choosing up then it will really be in accordance into your risks management because not all be having that the same choices of the projects that they will be investing. The key on here is to invest into those projects on which been solidly been supported by a good and big community on which you could assure at least that you are on the right project but of course on same on what i have said above that there's no assurance on everything.

Altcoins can look very promising with their white papers, roadmaps, promises from developers but practically their future and success are all unknown. Altcoins are more sensitive to bear market and it's not necessary to wait for a bear market to know that. Let's see in Bitcoin corrections recently, Bitcoin can drop 10% and altcoins were down 20%, 30% or more. What will happen with altcoins in a next bear market will be more terrible than 30% drop.

How many crypto coins have died?