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Author Topic: Don't take big positions in alts at current prices  (Read 2716 times)

Offline gurunanakji777

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Re: Don't take big positions in alts at current prices
« Reply #45 on: April 08, 2021, 04:17:46 PM »
It depends on one planning to hold long-term, short-term, or Intraday. If you want to short you can do it anytime but If you are planning to hold for the long-term then certainly you should analyze properly before buying. Now I feel alt season has been started and one should focus on most top 50 coins that have potential so that one should not regret later.

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Re: Don't take big positions in alts at current prices
« Reply #45 on: April 08, 2021, 04:17:46 PM »

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Offline Rafiq

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Re: Don't take big positions in alts at current prices
« Reply #46 on: April 08, 2021, 04:44:01 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.
  It is a fact that it is very difficult to select altcoins that are suitable for investment, so those who are in the business of trading can no longer sit idly by. Those who trade must have an observation about the market. So in the light of their observations, I believe that they can make a short trade in the current situation without sitting idly by.
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Offline DAMKAR

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Re: Don't take big positions in alts at current prices
« Reply #47 on: April 08, 2021, 05:09:53 PM »
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.

If course, we must be careful when investment, trading and as holder. We all know crypto currency is unpredictable . When the price is going low or dump, we should go buy more for investment. Thats my way to do now.

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Re: Don't take big positions in alts at current prices
« Reply #48 on: April 08, 2021, 05:34:18 PM »
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.

If course, we must be careful when investment, trading and as holder. We all know crypto currency is unpredictable . When the price is going low or dump, we should go buy more for investment. Thats my way to do now.
in any case, it all depends on what goals the user sets with the cryptocurrency and how long he plans to make investments. I believe that you can do two things, or leave your asset for at least a year, or check the rate of the asset every month in order to get additional income from the difference in price, fixing your income.
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