Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: why people panic and selling alts ,they might dont what will happen in next mont
by
Lanatsa
on 03/01/2025, 16:36:40 UTC
⭐ Merited by Zadicar (1)
All you need to know about where your coins/tokens are heading and when they have started heading there lies in your analysis and your head (instinct). We should rely on them rather than on social media which can cause confusion and mistakes as we even read conflicting stories by different authors and influencers.

As for the FUD in the market and your possible plan, I support you a little, but we should not emphatically preach what the market Will do but what the market Might do. Above all, let our charts guide us.

There are many considerations in that direction in predicting coins/tokens, because it is difficult for us to predict the market accurately even though social media provides an overview of the direction it is headed in the future, but crypto assets have a different side to always run, by looking at the market momentum that is happening at this time, of course, seeing the investors behind it can also determine the direction we are heading.

Sentiments of people may give a hint on possible direction on where those alts possible heading. And its hard to trust anything of it especially those shitcoins since there's chances that we will be left drained especially if we believe to much on their tokens and decide to hodl it. That's why usually what I do with alts is to sell it immediately once there's a opportunity came and I already gaining some good profits for what I but.

I only hodl bitcoin because this is the only coin that give us good insights that what may possibly came in future. Also adaption is doing good now so people could expect that there are more better things to come with this coin. So if I where the other people still believing on those shitcoins they better dump it and buy bitcoin.
Nothing beats up Bitcoin if we do speak about on somehow having that kind of security when we do speak about long term aspect. The main consideration on why people do make out some investment with altcoins is that they could potentially be able to make huge profits and its true that you should be having that kind of prioritization when it comes to profit taking and never tend to look back if ever that coin pumps up even more. It will really be giving out that kind of regret on which on next time which this will really be the main reason on why you would really be that trying to hold some altcoins in your bag on which this is really that a very common approach. So on the moment that you have seen that you are profiting with some altcoins investment then it wont be bad that you will be considering up on converting it into bitcoin on which this is far more worth.

You cant be able to avoid about having some hesitance on investing into altcoins specially if you dont really have the idea on how to check or look on a specific project because we do know that when it comes into this aspect then it would really be just that so hard to determine on which one because if we do consider out on how many altcoin projects in the market then it is really that hard to distinguish on which one will really be able to fly up into the moon. So it will really be something that situational into this aspect on how you would really be doing it.