Be careful of the coin you invest on.

[Gladitorcomeback]

But Bitcoin and Ethereum certainly don't need research anymore, just need to see where is the right time to enter and invest for the long term.
In addition to these two coins, of course, detailed research is needed to find out how well they develop in the future.

Some of the top coins are also quite good like BNB, SOLANA, etc. which can be an option for long-term or short-term investments.
But for the short term, it is better to choose coins with high volume, which signals a fairly fast movement and that is good for short-term trading or scalping.

Whether it's about Bitcoin, Ethereum, or any other popular cryptocurrency, research is required for first-time investors because research is not only to find out whether a project is a scam or not, but it also helps one understand the movements of a cryptocurrency and helps them decide their entry and exit points and whether they should make an investment at that exact moment or wait, etc.

Someone who is new in the market but has just heard a lot about Bitcoin shouldn't make their investment right away, it is essential for them to first gather some information about Bitcoin to at least understand it very well despite knowing how good or how popular it is.

[taufik123]

You're right at some point, it's true that altcoin trading that's based on proper analysis as well as research and experience can actually give a productive result, but let's not also forget about the fact that even with all the analysis, the research and all the experience, it doesn't eliminate the risks of losses completely from the equation. It doesn't mean that you won't incur losses even with all the experience.

Losses must happen to anyone, including professional traders, because the crypto market will not be 100% predicted.
There will be a sudden change in trend and all analysis will not work properly.

Even Bitcoin will also change its trend when it gets a lot of FUDs and this will affect all crypto prices.
It's good to update all the time to find out what's happening in the crypto market.

[armanda90]

Losses must happen to anyone, including professional traders, because the crypto market will not be 100% predicted.
There will be a sudden change in trend and all analysis will not work properly.

Even Bitcoin will also change its trend when it gets a lot of FUDs and this will affect all crypto prices.
It's good to update all the time to find out what's happening in the crypto market.

Including with the most professional trader can't predicted 100% true because many possible unpredictable with bitcoin and altcoin price. But make research has chance how to minimalize with loss and bigger chance with earn much profitable.
I think make research firstly on some coins to trade make us be careful when investing in some coins, indeed can't predicted 100% but has chance to earn profit although need few moment before coins investment reach higher price.

[Litzki1990]

Losses must happen to anyone, including professional traders, because the crypto market will not be 100% predicted.
There will be a sudden change in trend and all analysis will not work properly.

Even Bitcoin will also change its trend when it gets a lot of FUDs and this will affect all crypto prices.
It's good to update all the time to find out what's happening in the crypto market.

Including with the most professional trader can't predicted 100% true because many possible unpredictable with bitcoin and altcoin price. But make research has chance how to minimalize with loss and bigger chance with earn much profitable.
I think make research firstly on some coins to trade make us be careful when investing in some coins, indeed can't predicted 100% but has chance to earn profit although need few moment before coins investment reach higher price.

Analyzing the market and predicting the market with 100% accuracy is impossible. No matter how experienced an investor or a trader is, he can never say with 100% certainty that the market may go this way in the future. There are investors or traders who just observe the market and take an idea and based on that idea they usually trade or invest. Here is a discussion about finding good coins. There is a big difference between choosing a good coin to invest in and monitoring the market. Choosing the right coin is the first step in investing and it is a very important step because a mistake in choosing the right coin puts a lot of money at risk.

[taufik123]

Including with the most professional trader can't predicted 100% true because many possible unpredictable with bitcoin and altcoin price. But make research has chance how to minimalize with loss and bigger chance with earn much profitable.
I think make research firstly on some coins to trade make us be careful when investing in some coins, indeed can't predicted 100% but has chance to earn profit although need few moment before coins investment reach higher price.

Analyzing the market and predicting the market with 100% accuracy is impossible. No matter how experienced an investor or a trader is, he can never say with 100% certainty that the market may go this way in the future. There are investors or traders who just observe the market and take an idea and based on that idea they usually trade or invest. Here is a discussion about finding good coins. There is a big difference between choosing a good coin to invest in and monitoring the market. Choosing the right coin is the first step in investing and it is a very important step because a mistake in choosing the right coin puts a lot of money at risk.

With regard to the right coin, the first position is certainly highly recommended to include Bitcoin in the portfolio and top Altcoins such as ETH, BNB, SOL can be other alternatives.

But there is no need for in-depth research for the top coins that you already trust, just need to know when to enter to get a cheaper price.
But for altcoins that are still new or memecoins, detailed research is needed to find out how the progress and trust for the coin, don't get stuck on shitcoins that will only be abandoned.

[Dr.Bitcoin_Strange]

You're right at some point, it's true that altcoin trading that's based on proper analysis as well as research and experience can actually give a productive result, but let's not also forget about the fact that even with all the analysis, the research and all the experience, it doesn't eliminate the risks of losses completely from the equation. It doesn't mean that you won't incur losses even with all the experience.

Even Bitcoin will also change its trend when it gets a lot of FUDs and this will affect all crypto prices.
It's good to update all the time to find out what's happening in the crypto market.

Bitcoin is nothing compared to these altcoins, unlike every other token, Bitcoin has the potential to recover from any type of dip or fluctuations it might encounter.
And even when Bitcoin gets lots of FUDs as you say and the trend changes or it experiences a dip and it eventually affects other tokens, we can rest assured that Bitcoin will always bounce back and correct its trend overtime, as long as we continue to HODL through that temporary fluctuations.
While this may not be the case for other tokens, there are tokens that have become worthless due to its inability to recover from a DIP.

[bayu7adi]

Someone who is new in the market but has just heard a lot about Bitcoin shouldn't make their investment right away, it is essential for them to first gather some information about Bitcoin to at least understand it very well despite knowing how good or how popular it is.

A better step is to have a teacher who can guide you from basic to expert level to understand the world of cryptocurrency and investment. Self-taught self-study is clearly very time-consuming and tiring, it's different if you learn using the help of the right and experienced mentor, some opportunities such as newly released tokens might also be maximized, of course by doing analysis first.

However, it is also necessary to consider that studying with a mentor of course requires a large amount of money, because this involves financial knowledge, where everyone knows that what is being addressed is the economy, so it is natural that the price is not cheap.

[TomPluz]

With regard to the right coin, the first position is certainly highly recommended to include Bitcoin in the portfolio and top Altcoins such as ETH, BNB, SOL can be other alternatives.

When an investor is just new and is afraid of big risks then the best thing to do is to go for top coins of the market most especially Bitcoin and Ethereum as these are proven to be solid and have been performing well. Now, with that in mind, one could not here experience x10, x100 ROI as we are not anymore in the introductory stage. In case one is not risk-averse then there are new projects including memecoins that got strong potential for monumental growth ahead but then again the risks here can also be gargantuan...and personally I consider these projects more like a gambling rather than an investment as they can die anytime due to many factors. When one would go for trading then no question top coins must be on play as they can be analyzed well by anyone willing to do so. The same thing can be said if one is planning to just HODL coins into the future. Right now, cryptocurrency industry is giving us many opportunities to earn money but can also be a way to lose our investment if we are not careful and sometimes if we are not that lucky.

[taufik123]

-snip-
we can rest assured that Bitcoin will always bounce back and correct its trend overtime, as long as we continue to HODL through that temporary fluctuations.
While this may not be the case for other tokens, there are tokens that have become worthless due to its inability to recover from a DIP.

I am also confident about how Bitcoin will revive after the bearish trend is over,
it is only a matter of time and then reaching a bull market will make new history on Bitcoin.
All altcoins will be affected and there are indeed coins that cannot recover from their DIP price and some also recover and follow the price of bitcoin.

-snip-

I know what you mean, it's about how every person or trader's choice to choose the top coin with fluctuating profits could have reversed direction easily because top coins like ETH have many holders and the drawback is we won't get a 10x, 100x or even 1000x increase in the near term, it requires altcoins or memecoins which even it can happen when a new memecoin is launched, But that's with a higher risk of loss.

Anyone who wants to get into memecoin should be aware that losing it will be real if you are not prepared, but for those who are ready with everything and get out early they will benefit tremendously.
This is the crypto world, and anything can happen in the blink of an eye.

[bayu7adi]

I am also confident about how Bitcoin will revive after the bearish trend is over,
it is only a matter of time and then reaching a bull market will make new history on Bitcoin.
All altcoins will be affected and there are indeed coins that cannot recover from their DIP price and some also recover and follow the price of bitcoin.

Yep... we have just witnessed the Bitcoin bearish market reaching $57k in the last few weeks, but I think that is over and I am still optimistic about Bitcoin's movement which will prepare to welcome a bullish moment in the near future. That's what happened in the previous halving, where the price of Bitcoin experienced a dump shortly after the halving moment occurred... but in the following few weeks, if the cycle were to repeat itself, there would be a bull run moment for quite a long time... we'll see in reality , because it won't be long now.

[bitterguy28]

Is just remaining few days before the upcoming bitcoin halving, and base on the previous halvings that have occurs.

it already occur and we are still waiting for the positive effect because it seems that still failing to reach the top.

Bitcoin always undergo a breakthrough (increased) in price , same goes with other coins. And this time around there are usually alot if hyped in market and alot of coin are also going to be launched. And alot of people are at there looking for who to scam ( through using Ponzi scheme and all such of related method). All am trying to say is that we should be careful on how we invest our hard earned money, by doing proper research before jumping into any form of investment expecially those who are new here , with the mindset of getting rich quick.

ponzi time have passed , there are very few stupid and fool people that become their victims thanks to bitcointalk forum.

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

never invest in a project the promised heaven and earth , and never invest to a project that you did not dig deeper.

[Gladitorcomeback]

Yep... we have just witnessed the Bitcoin bearish market reaching $57k in the last few weeks, but I think that is over and I am still optimistic about Bitcoin's movement which will prepare to welcome a bullish moment in the near future. That's what happened in the previous halving, where the price of Bitcoin experienced a dump shortly after the halving moment occurred... but in the following few weeks, if the cycle were to repeat itself, there would be a bull run moment for quite a long time... we'll see in reality , because it won't be long now.

We don't know exactly, the bull run can start tomorrow or next year, all we can do is speculate and make predictions based on the current situations and market prices. When Bitcoin reached $57k, that was a strong correction, I wouldn't call it a bearish market because when we are in a bearish market, the market doesn't tend to start recovering this soon and it will probably go way lower than that.

So we saw a correction, a strong one, and that is completely normal because the market is volatile and if we expect the prices to go up, we should bear them coming down as well, so such dips and corrections every now and then keep the market alive and keep it fun and entertaining.

[Aanuoluwatofunmi]

If you're not well informed about a particular coin, then don't try to make an investment on such  because you will not have bearing to the direction of where you're going together with the investment you have made, but when we made the necessary research about a particular coin to invest on, we are not likely to fall in hands of the scam or shitcoins which may fail along the way.

[taufik123]

-snip-
but in the following few weeks, if the cycle were to repeat itself, there would be a bull run moment for quite a long time... we'll see in reality , because it won't be long now.

Hopefully it will happen soon, all we can do right now when prices are still quite cheap and still bearish is to rebuy to accumulate our Bitcoin holdings or some top altcoins.

Making good use of this opportunity will give you tremendous profits when the bull run arrives.
Do not let it be regretful as in the previous cycle.

[LogitechMouse]

Bitcoin always undergo a breakthrough (increased) in price , same goes with other coins. And this time around there are usually alot if hyped in market and alot of coin are also going to be launched. And alot of people are at there looking for who to scam ( through using Ponzi scheme and all such of related method). All am trying to say is that we should be careful on how we invest our hard earned money, by doing proper research before jumping into any form of investment expecially those who are new here , with the mindset of getting rich quick.

ponzi time have passed , there are very few stupid and fool people that become their victims thanks to bitcointalk forum.

I always believe for a very long time that investors will become more intelligent as time goes by. As many people experienced getting scammed, they will share it to other people and to newbies out there so that they will know what to avoid. I agree with you that the "Ponzi Scheme" way of scamming investors has been long gone (or if there are still, it isn't as successful as it was years ago). Now the scammers are finding other ways to scam investors again.

I will always thank the Bitcointalk forum, and YouTube as well for giving me advices, tips and guides on how to avoid these scam attempts. It's good that we need to share it to other people here in this forum as well.

All am trying to say is that we should be careful on how we invest our hard earned money, by doing proper research before jumping into any form of investment expecially those who are new here , with the mindset of getting rich quick.

Sometimes, doing proper research doesn't mean that you will not get scammed.
Sometimes, just using your common sense is enough for you to avoid these scam attempts.

To lessen the chances of getting scammed, just focus on the top coin or if you really want to put your risk to near zero, just focus on Bitcoin. Just learn how to buy, and store it and you're good to go.