A single alt coin which gives you profit multiple times?

Derrickiell

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Quote from: Nihal6443 on December 02, 2022, 12:31:15 AM

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.

Investors who invest in altcoins for profit are mostly early entrants into new projects or experienced enough to know the right time to buy or sell.
Investing in altcoins is riskier than investing in Bitcoin, never knowing which coin will bring you profit, maybe investing in ETH and BNB and selling them at the right price can bring you more profit.

Jatiluhung

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Quote from: dwminer1 on December 08, 2022, 08:34:52 AM

In my case, DOGE provided me with a nice profit, several times. I've been in the crypto world for a long time and I remember minning doge on a laptop, more out of curiosity and for fun than with the intention of serious profit, and it turned out that these few million doge are worth a lot. Then for years, rather out of sentiment, I traded doge for catching local lows and pumps, until finally Elon Musk became interested in the project. You know the rest

wow you definitely get a lot of profit. Especially if you sell when the doge price is above 0.7usd. and the role of Elon musk has really had a positive impact on doge, even on the crypto market. in fact I think a few years ago no one would have thought that the Doge could rise so much. unfortunately I didn't know about crypto when doge was still so cheap.

dwminer1

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In my case, DOGE provided me with a nice profit, several times. I've been in the crypto world for a long time and I remember minning doge on a laptop, more out of curiosity and for fun than with the intention of serious profit, and it turned out that these few million doge are worth a lot. Then for years, rather out of sentiment, I traded doge for catching local lows and pumps, until finally Elon Musk became interested in the project. You know the rest

KennyR

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BNB has profited in large in the beginning as well as now with its growth happening in unexpected market situation. Majority of them mention the price movements as the manipulation from the team. Apart from BNB, majority of the tokens backed by the exchanges were in good position. In between some issues happening similar to FTX disturbs the market.

Risk always gets accompanied. To be good and experience such big multiple benefits is through holding long term or taking entry into new projects at the earliest. This increase the profiting, but the risk associated is high against holding the top altcoins.

harizen

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IDEX is a good candidate here although I can't apply that argument nowadays based on the last phase I did purchasing these coins. I've successfully managed to take advantage of its hype and am able to yield profits over profits while investing multiple times. It's just that, during the peak of this coin, there's no way it can't reach a certain price value (can't remember my target price there) that's why I just accumulate on every dip. My strategy gives me good results for a long.

After my last profit taking on this coin, I have become outdated with its current status. Not until just 2 weeks ago, I tried again to risk some on this coin and as I'm posting this, I'm now currently at loss (paper loss) but not that much. I'm sure it will soon bounce back.

P.S. Not promoting this coin but just sharing my own experience as per the subject.

blockman

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Quote from: oprahwindfury on December 07, 2022, 02:56:33 PM

It was amazing ride with Ethereum from me. I actually hold a couple of it and all I can say that was truly amazing experience since it's one of the cryptos that I've contributed a ton with cash as well as with my feelings.Ethereum which has given me a decent benefit various times.I've taken in the significance of getting it while the cost is down. From that point on, I never pass up on the potential chance to purchase during the plunge so I'll have a decent increase each time the market.

I'm sure that many of us got into that with Ethereum. The crazy thing is that we've never thought that it would be as high as it was last year. One missed opportunity that I got was when I haven't sold the BCH at its prime and peak. Held it for quite a while but has to sell it and still that's free money for me, that could be included aside from that fork, it has another fork which is the SV so I guess I've earned multiple times from it, couple of times actually.

Questat

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Quote from: virasisog on December 04, 2022, 09:40:25 AM

Next to Bitcoin, it was Ethereum which has given me a good profit multiple times. It took time to be honest because Ethereum is good for long-term holding but I could say that Ethereum is always worth the wait. Since the first bull season, I've learned the importance of buying it while the price is down. From then on, I never miss the opportunity to buy during the dip so I'll have a good gain every time the market recovers. I've also gained a promising profit from BNB, XRP and Cardano.

I will agree that ETH and these top 10 coins are good investments for the long-term and short-term but if we talk about if they could give us more profit as asked by OP xxx times, that was very uncertain. They are not built with hypes, not influenced by known personalities that will carry huge price rallies which is why it was impossible, unlike those projects that are designed for hyping, new projects without working products, are mostly like;y it pump multiple times.

I had this experience in the past bull season, I thought it was a scam already but as I check on the exchanges, it is really a big surprise for me to see the value of that coin.

Rengga Jati

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Quote from: Nihal6443 on December 02, 2022, 12:31:15 AM

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

At that time, I got CTSI. But, after the crash, I stop doing it because the market is very unstable at that time. Although the profits are not kind of big profits, at least, I could repeat earning profits from investing and trading CTSI at that time. This was one of the popular altcoins at that time. But now, this seems like silencing.

Actually, continuous n earning from investment is profitable, moreover if we have funded a certain altcoin with the results. However, we also know that market will be changing again and we may also change our strategy and coins for investment or trading.

Quote from: virasisog on December 04, 2022, 09:40:25 AM

Next to Bitcoin, it was Ethereum which has given me a good profit multiple times.

This is one of the must-have cryptocurrency besides Bitcoin. This has been a longer time and keeps developing following Bitcoin. We also know how the trust Ethereum. Probably if I can expect more, BNB may be one of the other profitable investment to have. I really expect that the path will also follow Ethereum that were able to skyrocket highly in the last bullish era.

oprahwindfury

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It was amazing ride with Ethereum from me. I actually hold a couple of it and all I can say that was truly amazing experience since it's one of the cryptos that I've contributed a ton with cash as well as with my feelings.Ethereum which has given me a decent benefit various times.I've taken in the significance of getting it while the cost is down. From that point on, I never pass up on the potential chance to purchase during the plunge so I'll have a decent increase each time the market.

TheUltraElite

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So anyway, I applied as a merit source :)

A coin going up and down multiple times and the trader following it in buying and selling accordingly will lead to profits multiple times. On the other hand if you are buying shitcoins at the top and then they go down in the dump for years, you are essentially screwed. This all depends on the altcoin, and it is not possible to predict this easily. For bitcoin we can be assured that it will go up after going down, even for top few altcoins but not the newly launched coins.

The coin as per the OP might give them good profits, so good luck with that but in case you are not sure about it, it is better and safer to buy bitcoin than any altcoin.

AakZaki

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Many Altcoins in the past have given me many advantages such as XLM which has given me many advantages because it almost touched ATH $ 1 and that was a big advantage for me because I have held a lot of XLM since XLM was launched.

And some of the past ICO coins have also been a great source of profit for me.

Apart from that, DOGE and SHIB are included as memecoins which provide many times the profit. They held DOGE at a very low price until they reached the latest ATH. All the altcoins of the past have been extraordinary.

WalkerIVIV

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I think it's easily shib that brings profit multiple times honestly, considering back then with meme coins you just need to be patient to wait until your coin grow and you can easily take profit from it.
The other coin is definitely eth, might seems like generic investments but investing in coin like eth surely giving good returns in the long run.

Baofeng

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Quote from: ryzaadit on December 02, 2022, 03:46:11 AM

Raiblock (XRB) A.K.A NANO.

From this alt-coin, I finally know more about Cryptocurrency. It's super easy and free for mining this coin on the olds day, you just need to solved captcha for the coin. Finally this coin making the big success by listing on Binance.

It's crazy.

Oh I remember those days about RailBlocks, 2017 how to get and exchange here in the community and then it surges to like 50% or more when it changes it's name to Nano.

For me is ADA, (before this whole privacy centric thingy that they have done now), very cheap in the beginning, but one of those who had a good run during the last bull run. Ethereum as well in 2018 bearish market, it went low below $80 invested some and then went crazy on 2021 as well.

Vaskiy

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Quote from: Japinat on December 05, 2022, 10:24:18 AM

Quote from: Jatiluhung on December 04, 2022, 10:31:36 AM

I often benefit from BNB. I bought it right before the Launchpad announcement on binance. and at that time the price was still very low. so when Binance announced that there would be a Launchpad, of course the price went up quickly. as everyone started buying BNB to get on Launchpad. i have done it at least 2 times. and 2 times in a row I get big profits.

Yes, same here. BNB is one of the few altcoins that is included on my portfolio and not even once, it haven't disappointed me because it brought me huge profits since I acquired it. Until this very day, I'm still hodling this coin and acquiring more just like what I have on my portfolio when I have the chance while it's still selling at a discounted price and while hoping to see the market skyrocketing soon.

I've experienced the fortune out of ethereum and BNB, but for god's sake I wasn't able to enjoy the profit out of the investment. I just left it to grow expecting more, but to my bad time the price crash happened and I was in an urge to cashout by the time. Further I experienced good growth out of uniswap.

Xal0lex

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Quote from: justdimin on December 05, 2022, 02:48:04 PM

Quote from: Xal0lex on December 04, 2022, 01:45:39 PM

Quote from: Nihal6443 on December 02, 2022, 12:31:15 AM

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.

Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200.

I highly doubt that there were too many people who held it. I mean first of all it was locked for a long time, which means that not many people were capable of selling even if they wanted to, and secondly there weren't that many people who could invest, because if they weren't invested at first, they couldn't get much of it since it was locked in others wallets, and rarely unlocked. So all in all, the price increase happened because of scarcity and nothing else.

I guess that some people did made some profit, but in the end it's never going to be the same again in the future even when the bull run happens, it will be a lot less higher ups, and that is my worry for Avax's future.

Large profits have never been made by large masses of investors, which is understandable, because there is not enough money for everyone. If we are talking about the coins that were distributed at the ICO, they were locked in for a while, but even if we do not take into account the original investors, but ordinary market buyers, buying 2 years at $4 would also be an extremely profitable investment.

justdimin

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Quote from: Xal0lex on December 04, 2022, 01:45:39 PM

Quote from: Nihal6443 on December 02, 2022, 12:31:15 AM

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.

Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200.

I highly doubt that there were too many people who held it. I mean first of all it was locked for a long time, which means that not many people were capable of selling even if they wanted to, and secondly there weren't that many people who could invest, because if they weren't invested at first, they couldn't get much of it since it was locked in others wallets, and rarely unlocked. So all in all, the price increase happened because of scarcity and nothing else.

I guess that some people did made some profit, but in the end it's never going to be the same again in the future even when the bull run happens, it will be a lot less higher ups, and that is my worry for Avax's future.

Japinat

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Quote from: Jatiluhung on December 04, 2022, 10:31:36 AM

I often benefit from BNB. I bought it right before the Launchpad announcement on binance. and at that time the price was still very low. so when Binance announced that there would be a Launchpad, of course the price went up quickly. as everyone started buying BNB to get on Launchpad. i have done it at least 2 times. and 2 times in a row I get big profits.

Yes, same here. BNB is one of the few altcoins that is included on my portfolio and not even once, it haven't disappointed me because it brought me huge profits since I acquired it. Until this very day, I'm still hodling this coin and acquiring more just like what I have on my portfolio when I have the chance while it's still selling at a discounted price and while hoping to see the market skyrocketing soon.

Jatiluhung

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Quote from: ethereumhunter on December 05, 2022, 05:24:41 AM

I didn't just make big profits on one coin because I had saved many coins. In several altcoins of the previous season, many of these coins could provide enormous profits. But sadly, those coins can now not repeat their previous success because it looks like investors need other coins that can provide other big returns. This is why now I only save a few coins and only focus on collecting more bitcoins because I realized that the price of bitcoins can increase and will give me big profits over time.

well there is no doubt that the most appropriate step at this time is to collect bitcoins. the long-lasting bear market has given us the opportunity to be able to buy more bitcoins. But on the other hand, today there are actually many Altcoins that have high potential and will experience high increases when the bull market comes. Like BNB and Matic. these two altcoins continuously show good progress in their projects. BNB excels because it is the coin of the largest Exchange today. and projects from BNB are numerous. but for Matic I am amazed at the development of the partners they can get to support their projects like Disney etc.

ethereumhunter

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I didn't just make big profits on one coin because I had saved many coins. In several altcoins of the previous season, many of these coins could provide enormous profits. But sadly, those coins can now not repeat their previous success because it looks like investors need other coins that can provide other big returns. This is why now I only save a few coins and only focus on collecting more bitcoins because I realized that the price of bitcoins can increase and will give me big profits over time.

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Quote from: Nihal6443 on December 02, 2022, 12:31:15 AM

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.

Not all altcoins deliver gains. Some can allow you to make short-term profits, and even wipe out all your funds in one day. There are very few altcoins that are profitable multiple times, so don't get greedy and get out at the right time.
There are also many scam projects in the crypto market, and you never know which token will bring you profits. Therefore, you must choose carefully when investing or trading altcoins, and you must also bear the corresponding losses.

Topic: A single alt coin which gives you profit multiple times? (Read 287 times)