Is it safe to invest hugely in CRYPTO now?

[taufik123]

The top 5 list on coinmarketcap is the best choice for us to get coins with good stability. It's true, price changes don't happen easily when compared to meme coins, but as long as we can regularly accumulate top coins, we will make a profit in the future. The DCA strategy is always better, rather than having to wait for the dip moment.

This simulation has always been proven to be successful and provides benefits for people who are patient and strong in holding.

But remember the rules, don't expect too much that the top 5 coins will provide definite security because we all already know how LUNA has developed as a top coin as well.

Learning from the LUNA incident, we must be vigilant in everything, even though it looks very safe and provides a good investment.
Everything will have risks, so make sure everyone has a backup plan.

Collecting top coins regularly must also be balanced with research and updates about the coin.
Like how it develops and what conflicts exist in it.
But BTC & ETH is beyond doubt, we will also see a new ATH to be achieved by Bitcoin and ATH for ETH hoping to reach $10k.
That is a hope that may happen later, just need to be patient for the long term.

[alltalk]

But remember the rules, don't expect too much that the top 5 coins will provide definite security because we all already know how LUNA has developed as a top coin as well.
Learning from the LUNA incident, we must be vigilant in everything, even though it looks very safe and provides a good investment.
Everything will have risks, so make sure everyone has a backup plan.

Agree with you. There are many similar cases that the top coins dropped to be average coins or even like Luna. Sure, it requires a deep research to decide investing in certain coins. Although they are the top coins, we don't know how the future of the coins. If there are bad news, the coins may drop very much. I'm also a bit carefully to invest in meme coins although they are top coins. So, not all top coins are safe for our investment. Maybe only BTC and ETH that are safe enough for investment.

[doc]

 I'm also a bit carefully to invest in meme coins although they are top coins. So, not all top coins are safe for our investment. Maybe only BTC and ETH that are safe enough for investment

agree friend, it's better to invest in coins that have good projects.
Don't invest in meme coins.
I have lost many things in the past.

Talking about LUNA, we never thought it would have such a fate, in the past many people liked Luna and invested there.

We can invest in Hugh but be careful.
Do research before invest.

[Nheer]

It is a very good ideal to invest hugely in crypto, because investing in crypto give opportunities to make double of what we invest. In a situation we're their no ideal or not sure about the platform or site you are investing  on is not advisable because their fishes and snake who are very ready to swallow our money, and their is a saying invest what you can afford to loss in order to avoid committing suicide 🤣

Anything than can yield large profit can also carry great risks so when investing a huge amount into cryptocurrency you should properly consider the risks of losing such amount and what effects it will have on you in case things doesn’t go as planned for you. Crypto investment is a risky investment due to its volatile nature so in as much as we expect profit we should also expect loss, and when we invest huge money can be very risky that is why it is advised to only invest an amount we can afford to lose so incase anything happens we won’t feel much pain and not even think of committing suicide.

People who think of committing suicide are to be blame for their misfortunes, they were blinded by the profit they can make and became greedy and invested more than they could afford to lose without really not knowing how the crypto industry works.

[bhadz]

The thread was started since 2019 and if you can think of when it has started with this question and people have already started invested during that time up to now or even on 2021 bull run, you'd see that investing heavily have already rewarded everyone. But I will not suggest people to invest a lot of money when they are unsure of their actions. This is not for the fainted hearts and only relies of their livelihood to this investment. It's best to check your financial status before investing because it plays a big part for deciding to go all in crypto or not.

[bayu7adi]

The top 5 list on coinmarketcap is the best choice for us to get coins with good stability. It's true, price changes don't happen easily when compared to meme coins, but as long as we can regularly accumulate top coins, we will make a profit in the future. The DCA strategy is always better, rather than having to wait for the dip moment.

This simulation has always been proven to be successful and provides benefits for people who are patient and strong in holding.

But remember the rules, don't expect too much that the top 5 coins will provide definite security because we all already know how LUNA has developed as a top coin as well.

Learning from the LUNA incident, we must be vigilant in everything, even though it looks very safe and provides a good investment.
Everything will have risks, so make sure everyone has a backup plan.

Collecting top coins regularly must also be balanced with research and updates about the coin.
Like how it develops and what conflicts exist in it.
But BTC & ETH is beyond doubt, we will also see a new ATH to be achieved by Bitcoin and ATH for ETH hoping to reach $10k.
That is a hope that may happen later, just need to be patient for the long term.

Yeah, at least narrowing it down to the top 5 helps us analyze which coins are worth buying, rather than sifting through 1000 shitcoins that definitely lack good fundamentals. LUNA indeed took an unexpected turn and vanished just like that. But if one of our buckets breaks, at least there are other buckets to hold our assets, right?

Up to now, BTC remains my top priority, with ETH as the second priority. I'm not going all in on cryptocurrency assets just yet... the risk is still very high, and looking into other opportunities isn't a bad choice either.

[JoyMarsha]

If you truly understand the crypto market, you will know that it is not ideal to invest hugely in crypto no matter how profitable the crypto space is. Investing hugely means that you as an investor want to lose hugely also because of how volatile the crypto market is.

The best way to go about crypto investment is by investing little by little when the price goes down because that will allow you to make more profits when the crypto bulls than when you invest all at once at a high price, expecting to make huge profits

[alltalk]

agree friend, it's better to invest in coins that have good projects.
Don't invest in meme coins.
I have lost many things in the past.

Yep. Investing in top coins that have good and established projects. We must also always check the current update of the projects, avoid to invest with the projects that have bad news/issues. But if it is just a rumor (not valid news), we still can consider to invest in the projects.

I think most people lost money in meme coins in the past. Meme coins was very hype, but it is no longer hype now. People who bought meme coins at their peak price, they may already sell for losses or keeping the coins without clear target now.

Talking about LUNA, we never thought it would have such a fate, in the past many people liked Luna and invested there.

There will be always chance for a surprising thing like Luna. But we can prevent it by always updating the information of each coin we are holding.

[Agbe]

From the time of this thread creation and now there is a very big different. Base on the huge increase on the cryptocurrency market I will say it is good to invest in cryptocurrency heavily now so that before the bull market you would have gotten enough in your wallet to sell. And when you investing in the industry make sure that you look for the top 5 coins and invest so that you will not regret in the future. In the business when you invest hugely then you make huge profit and when you invest small you make small amount. So the option is yours.

[jonathancool220]

Don't push too much because too much of anything is not good, even in real trading, if you trade all in, you will feel the profits and losses.
Maybe it's better for us to trade first with small capital in this cryptocurrency because the price of cryptocurrency is very unreasonable, today it goes up, the price could go down tomorrow.
If OP does all in trading in cryptocurrency, I'm sure his heart will beat very fast because he sees the price fluctuating so quickly, hopefully OP also doesn't have a history of heart disease because that is very dangerous for OP's health.

[Mr. Magkaisa]

         -   That depends on you, Op. If you think that a crypto you see has the potential to buy a large amount because you did research and found out that its roadmap and plan are good, there is no doubt that it is for you to invest great value too.

There is something else: even if we invest only a small amount when we are excited, the value of a cryptocurrency will suddenly kick up in the market. It's just that no matter what type or class of investment form here in the crypto business, there is a risk associated with it; it cannot be without risk.

[RidwanMalik]

Is it safe to go all in on cryptocurrencie now.. Have we bottomed??

I don't think that's safe approach to go all. It’s crucial to approach investing with caution and not let the FOMO change your decisions. Instead of rushing to invest in trending sectors, take the time to understand the fundamentals of the projects you’re interested in. This could be in emerging fields like gaming, AI, or Layer 2 solutions. These can be good investments if you researched them well enough and have faith on it while holding them.

[Dr.Bitcoin_Strange]

But remember the rules, don't expect too much that the top 5 coins will provide definite security because we all already know how LUNA has developed as a top coin as well.

Learning from the LUNA incident, we must be vigilant in everything, even though it looks very safe and provides a good investment.
Everything will have risks, so make sure everyone has a backup plan.

You are absolutely right. The incident of the LUNA crash is a lesson that would not just be forgotten so suddenly. Altcoins can not be given 100% trust for a long time holding because no body can tell what the future of that coin can be. For example when Luna got developed, it began to grow and became a successful project. If Luna investors were earlier warned not to invest in the coin, many of those investors would have had doubt but it actually happened and left a lot of people to loss.

[Litzki1990]

If you truly understand the crypto market, you will know that it is not ideal to invest hugely in crypto no matter how profitable the crypto space is. Investing hugely means that you as an investor want to lose hugely also because of how volatile the crypto market is.

The best way to go about crypto investment is by investing little by little when the price goes down because that will allow you to make more profits when the crypto bulls than when you invest all at once at a high price, expecting to make huge profits

It is not true that money can be invested in crypto platform with 100% profit guarantee. No matter how well an investor understands the market, he still has to risk some of his money before investing. The higher the amount of money an investor invests in this platform, the higher the risk, even though the potential for profit is greater by taking the risk. The level of risk depends a lot on the coin the investor is investing in and his investment style. If the investor does futures trading and if he accepts ALT coins for doing futures trading then his level of risk is high. On the other hand, if an investor invests a large amount of money in Bitcoin, the risk is very low. All types of investment have risks but the level of risk depends on the decision of the investor.

[TopT3ns]

But remember the rules, don't expect too much that the top 5 coins will provide definite security because we all already know how LUNA has developed as a top coin as well.

Learning from the LUNA incident, we must be vigilant in everything, even though it looks very safe and provides a good investment.
Everything will have risks, so make sure everyone has a backup plan.

You are absolutely right. The incident of the LUNA crash is a lesson that would not just be forgotten so suddenly. Altcoins can not be given 100% trust for a long time holding because no body can tell what the future of that coin can be. For example when Luna got developed, it began to grow and became a successful project. If Luna investors were earlier warned not to invest in the coin, many of those investors would have had doubt but it actually happened and left a lot of people to loss.

Luna should not be a new problem for cryptocurrency as an altcoin, there were many altcoins that had been created before Luna and the CEO owned by this altcoin died, causing many investors and holders to suffer losses because the price on exchanges collapsed until the exchange was removed by large exchanges. That is why if you want to invest, it is better to invest in Bitcoin than in Altcoins, which has been proven that price movements depend on the inventor and developer of the altcoin.