It's really awesome that they mix sports and NFTs. They're also returning 50% of all card-sale-revenue back to the community in the form of pack giveaways, additional liquidity to multi-player tournaments, and being able to enter every tournament for free.

Panic trade is very harmful to any kind of token trade. any traders need to follow fund management trading I think need three parts for open trade second part if the price decrease and the last for all of the preserve serve so anyone can successfully be completed the trade if follow the rules.

Haven't heard about the project anywhere and I am not accusing you but looks like a promotion more than an investigation to me.

I feel there are following reasons for the altcoins market to get bigger and even more stronger despite so many dead coins:

1- New coins bring a fresh possibility for investors to earn bigger returns
2- Pump and dump schemes are there which lures the investors
3- After what happened with doge, people follow various influencers on social media and hope they can find the next doge

One of the main reasons why we have lots of altcoin out there is the fact that scammers are trying to capitalize on the fact lots of new people joining crypto do fall easily for them, majority of the altcoins in the market has no future plans, most especially the meme and lending coins, so its no surprise seeing them being rampant

Seeing the declining market situation, of course, many people will feel panicked. especially those who are new and have not mastered their trading skills well.
The panic of traders and investors seems to have become part of this market. and always cultivate new market situations. It looks very interesting when a market that has lasted a long time then falls and will come back later.
Buy now or wait more basic in my opinion will still be profitable if the intended planning is for the long term. but in the short term, it looks like we have to wait for a bottom.

Don't too quick investing with new coins, always find the good reason behind and make sure that there's true usages in the long run,
make sure you are good in doing your research,

It helps a lot if you will do your decent recent and keep digging deeper with the project that you wanted to support, everyday there
are many alts being created, make sure not to fall with sweet promises but always do your DYOR.

Yes of course. Basically we will put our money in the tokens we believe as potential and would give us profit in due time. We will never put our money in the tokens that we don't believe to have a bright future regardless if it is about DeFi or NFT. Then base on our preference be will hold it for long term or just for short term depends on our target method

The purpose of Altcoins according to my short knowledge is just to make things easier. This means that when people cannot afford to buy Bitcoin because it is expensive, then Altcoins are another option for people to invest. What is happening now is that many people make the wrong decisions when buying coins.

In my opinion, everyone who invests in crypto definitely chooses and determines an altcoin that has good prospects, so it is believed that it will have a good impact later, I personally don't want to invest in altcoins that do not have potential.  at all, because in addition to wasting time it can also be detrimental

Well other altcoin, offers much cheaper Gas Fee and Faster Transactions.
In a world where competition exists. Even a big name for its self, like bitcoin. Will always be challenged with another with more advance services and better offers.
Market will be messy but exchanges are keeping there hands full to make it organize.

Coming from stocks, I deem crypto investing quite different, and I am still to get my complete understanding behind it. When talking about stocks, there are a lot of people and investors that tend to spend their money on businesses or shares they firmly believe in.
Talking about cryptos, I see a lot of people cashing out on short term for quick money, but the question is, is it worth playing it like that or better to consider the project behind the coin long-term? Regarding stocks for instance, Nvidia is a share I really do believe in and the sentiment itself is what keeps me holding the stock no matter the market. There was a huge dip in May, similar to what the crypto market is facing now, and although difficult to hold, I strongly believed in the long-term.

Regarding coins, I struggle to understand the approach people have. I am, by no means, expecting people to run down details on what they do, as we are not here to give financial advice, but a small explanation on how you address your investments: both short-term and long-term. Similarly to the stock mentioned above, I do have the same kind of interest for coin Oracle ($ORA), it’s quite new so I don’t expect many to know it. I really believe in the platform they want to create (just for context it’s a NFT market for ideas, so you just buy others’ ideas) and I would like to see their project created and support them long term, but how popular is the cashing out in cryptocurrencies? Everyone seems to be spamming to the moon to the moon, but most people seem to be selling.

Well, from my Personal point of understanding, that a coin has a very large total supply does not make it a shitcoin, or qualify it for that tag, any coins without a good or unique use case is considered a shitcoin, and this is regardless of whether it has a lot of supply or just a few millions, a coin with just 1 million in total supply and each coin worth 0.001 is a shitcoin.
To make you and everyone else understand better, a coin that promised tech it obviously can't be able to build or wasn't able to build and as such is considered a failed project is a shitcoin, it has nothing to do with the total number of coin supply it had or has.

altcoins can be a reason in the market to increase the price of existing coins, with many altcoins appearing to cover the correction that occurred in bitcoin, now bitcoin prices are starting to weaken while altcoins continue to appear but on the other hand we can see bitcoin has made a lot of corrections so altcoins or ethereum can be used as a solution now

The problem is that we should not be responsible for them losing money, but we "sort of" are. What we should be suggesting to them is DYOR and nothing more, that's it and if they don't do that we should not be responsible.

However what they hurt us is the fact that when they get in, they end up not getting out because they lose money and then they go around telling people how horrible crypto is, when in fact it was their idiotic move that caused them to lose money. They are out there creating a bad name for bitcoin and crypto just because they didn't do their research, which is why I think it is unfair for them to do that but the reality is that they still do it and hurt the crypto world. At the end of the day this will continue and there is nothing we can do, whatever happens will just be part of the crypto world and it is already calculated in.

This is a complicated matter, but I don't want to dwell on it, almost 11k altcoins that are officially on the exchanges i think is a good opportunity because we can profit from messed altcoins.

most of the reasons why these coins can be called shitcoins are because they are worthless, only listed on small exchanges, or even failed to be listed on any exchange, so they can't be sold and are worthless