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Author Topic: Don't take big positions in alts at current prices  (Read 2700 times)

Offline indexx

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Re: Don't take big positions in alts at current prices
« Reply #30 on: March 02, 2021, 03:06:37 PM »
This is why it is very important in my opinion to be able to divide wealth into as many types of assets or coins that you feel have potential. Don't just invest in altcoins or Bitcoin, but as much as possible in both. it will be much nicer.
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Re: Don't take big positions in alts at current prices
« Reply #30 on: March 02, 2021, 03:06:37 PM »

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Offline Nostoman

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Re: Don't take big positions in alts at current prices
« Reply #31 on: March 02, 2021, 06:02:28 PM »
I told you not to open new trades and use stop loss in all trades. Not doing any trades is also an art and you need to master it to save your profits. People forgot that saving money from loss is also profit. Will update if found new entries for alts and will update on BTC. But now ADA and Polkadot are in a great position.

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Re: Don't take big positions in alts at current prices
« Reply #32 on: March 02, 2021, 11:46:09 PM »
But now ADA and Polkadot are in a great position.
I hear some good news about these coins. DOT already improved its price but ADA seems to drop its price. I think these coins respond to the news in different ways. For me, it is not so clear to see the potential in ADA but DOT surely has a good chance to continue increasing the price. Better to buy DOT now and wait for the good sign in ADA.
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Re: Don't take big positions in alts at current prices
« Reply #33 on: March 03, 2021, 12:36:10 AM »

But now ADA and Polkadot are in a great position.

You can add Kusama and some other coins to that list too  ;)

Offline monig18

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Re: Don't take big positions in alts at current prices
« Reply #34 on: March 03, 2021, 02:26:07 AM »
Current market situation is not suitable for trading or for taking new entries.we should wait for bitcoin stability and for decrease dominance.Alts going down 10-20% down with in no time.we should wait for the best.

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Re: Don't take big positions in alts at current prices
« Reply #35 on: March 03, 2021, 05:14:36 AM »
This is why it is very important in my opinion to be able to divide wealth into as many types of assets or coins that you feel have potential. Don't just invest in altcoins or Bitcoin, but as much as possible in both. it will be much nicer.

That's right
However, you need a lot of time to be able to analyze the market at any time, with the number of altcoins you have, you will get a higher profit and risk, always be careful when making decisions.
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Offline Tepona

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Re: Don't take big positions in alts at current prices
« Reply #36 on: March 03, 2021, 08:49:38 AM »

But now ADA and Polkadot are in a great position.

You can add Kusama and some other coins to that list too  ;)
I agree with you. Kusama is currently popular. Which is built on the dot platform. So is at the top of popularity. As such the price is currently 298$ In the beginning the price was much lower. As with 0.91$, the lowest price. Investors and holders have benefited a lot. So ksm should be put on the trade list.

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Re: Don't take big positions in alts at current prices
« Reply #36 on: March 03, 2021, 08:49:38 AM »


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Re: Don't take big positions in alts at current prices
« Reply #37 on: March 03, 2021, 02:19:59 PM »
It is better if we have to be fair in dividing assets. Don't just invest in one type of altcoins. And indeed I feel I should be able to invest in Bitcoin too.
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Re: Don't take big positions in alts at current prices
« Reply #38 on: March 03, 2021, 04:07:01 PM »
Investing in one type of altcoin is very risky indeed. And choosing worthy altcoins for investment is quite difficult. Analyzing the market is not an easy task, especially when bitcoin is jumping here and there. Maybe the best solution would be to wait out the current moment a little.

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Re: Don't take big positions in alts at current prices
« Reply #39 on: March 03, 2021, 04:36:39 PM »
Indeed, now many Atlcoins are falling in price. But all of that will definitely go up again. Not only altcoins have fallen Bitcoin has also decreased. The important thing is not to panic to sell. we must be more patient, diligent and tenacious in investing in crypto. Better to keep the altcoins longer that we have. Waiting for the price to go up to sell it, so that we can make a profit.
« Last Edit: March 03, 2021, 04:45:15 PM by Mas Bro »
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Re: Don't take big positions in alts at current prices
« Reply #40 on: March 03, 2021, 04:45:12 PM »
Indeed, now many Atlcoins are falling in price. But all of that will definitely go up again. Not only altcoins have fallen Bitcoin has also decreased. The important thing is not to panic to sell. Better to keep the altcoins longer that we have. Waiting for the price to go up to sell it, so that we can make a profit. The point is we have to be more patient, diligent and tenacious in investing in crypto.
Altcoin price fell this time due to the influence of Bitcoin price, so don't panic.  And it's true what you say, hold Altcoin longer and wait for the price to go up will return our money even we can get profit. And when we hold Altcoins, it is important for us to do often to check the price in the market, because when the price goes up we don't lose the opportunity to sell the Altcoins we hold.

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Re: Don't take big positions in alts at current prices
« Reply #41 on: April 07, 2021, 08:21:31 PM »
Yes, the current crypto market conditions are very unstable. Most investors only take short-term profits which further exacerbate the conditions of the crypto market.
Short-term investing does not mean damaging market prices, but on the contrary, short-term investing will strengthen volume in the market and will boost the altcoin price.
Don't be afraid that short term investments will destroy the price of all altcoins, you just have to watch the movements in the market to prove it
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Offline pacar_tiri

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Re: Don't take big positions in alts at current prices
« Reply #42 on: April 08, 2021, 09:08:26 AM »
I completely agree with you. Now you need to be very careful on the market, because it is not clear how the market will behave (either we go down or up)

Of course, we must be careful at crypto currency market..Because we all know crypto currency is unpredictable. I see bitcoin is still dominance. I think we can invest in bitcoin for short term and daily trading mate. It is more safety.


Offline Falcon

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Re: Don't take big positions in alts at current prices
« Reply #44 on: April 08, 2021, 10:27:51 AM »
I think everyone who are involved in investment or even in trading must be carefully watch the trend and current graph neither alts or Bitcoin. To take to consideration the resistance and demands while watching the flow are helpful ways to avoid more loses and regrets after the event.

 

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