Topic: About Altcoins Investment Experience - page 10. (Read 1537 times)

I know there are potential altcoins in these times, but it's impossible not to have them, even if you know that. But if you are referring to investing in new projects that are altcoins, the risk is really quite high. Here you can test if you know how to choose a potential crypto. I also had the experience of receiving bounty rewards, and almost all of them were lost in the end, to be honest. That's why most of the time I do it, I also sell it immediately because, for sure, there will be many people who will actually sell it. But before the bounty hunters could do that, the developer of the coins they campaigned for was ahead of them.

I have had similar experience. Although I'd say huge gains are only to be made in alts, just remember to convert those gains in btc/eth/stables and you will be fine.

Yes, you are right. It's good to use memecoins and other altcoins only as a short-term investment. I believe in bitcoin but eth lost its power, imho

It's caused by you didn't aware if you should have sold them as soon as possible and move it to invest in the legit tokens/coins.
How can you think a token with bad fundamental can survive till this time? It's not all of top coins replaced by the new altcoins. There are so many old top coins still exist in the top positions of CMC right now.

BTC and ethereum as best investment only if you had a lot of money. Are you sure investing a few bucks to the bitcoin or ethereum? it will not make you a lot of money and you just waste your time.
Bitcoin and ethereum price are very expensive and it's not even worth for small shrimp to use it as an investment.

Never use Altcoins as a safe haven, that's the most important point to always remember, because altcoins usually run on the basis of the hype that is happening, that's the reason why there are many altcoins that have high prices at the start of trading opening and then the price decreases periodically in line with the hype is fading.  I personally have had some amazing experiences when investing in Altcoins such as Oasis Network (ROSE), Shiba Inu (SIHB) and several other altcoins, but there have been a number of experiences that have made me not want to invest in altcoins again, LOL.

Lesson to be learn for that is never trust any new altcoins in the market just trade it and never hold any of those since their are huge instances that dumping will happen to it on short period of time. Scamming always happen on new tokens alts so better not to listen to any hype createf by devs or other fellow token holders.

Believing on top alts to hold is best decision since those coins already gain popularity and have solid community so we can expect something good to it if we decide to hold those top alts.

Wrong, Ethereum isn't a safe token and can be trusted without you know the token. If you check it more deeply, Ethereum's developers are holding a lot premined ETH to enrich themselves. With the move from POW to POS, this make ETH become more centralized.

My investment experience, currently I only suffer unrealized lose, but since I invest in a trusted decentralized coin, I don't have to worry and will keep holding.

I have much experienced with investing in several kinds of altcoin, from shit coin until altcoin who get top ten standing in CMC but there are can't promising to give much profit. Actually for long term investment only Bitcoin and Ethreuem are the best coin for investing and I don't think with other coins keep worth for long term investment. Many altcoin investor they not invest for long term and take profit when hype moment only and then leaves that coins looking for another promising altcoin for investing.
Many new project launching can give us chance awhile to earn profit but all investor never take risk with long term investment, they are investing with short term after hype moment ended all new coins investment have been sold.

Since its a bounty you can expect mostly of them to turn to worthless. Thats why doing bounty is make sure whay you choose is worth it to do cause youll gonna do some effort for the tokens. When it comes to investment. Doing one with bounty programs isnt suitable cause it might not be progress but its case to case basis.

Maybe picking top tier project as investment is wiser than newly projects with unknown reputation. But there are some with potential you could put up early as long as you are aware of the risk.

I agree with your point of view that the majority of the altcoins are not worth the time and investment. After one or two cycles of pump and dump, they usually disappeared from the market, the same is true for meme coins (except a few). If you earned some profit from these coins, do not invest in them the second time.


Yes! The only safe and long-term investment is BTC and ETH. They have survived the worst period, and they have the potential to survive the upcoming market crisis. If you are looking for good ROI in the long run, go for BTC and ETH investment.

Btc and erh are undoubtedly the safest investment for long period. If a person want to have Secure profit from crypto industry then btc and eth will give him Enough benefit if he able to hold his share till next bull session. I agreed that others altcoins aren’t so trustworthy Enough, scam after certain time as well as has enough risk but it also true that, People earned a lot from those altcoins too. So we can't fully neglect other altcoins. People have their own choices. Let them decided what right and wrong for them. But i want to for go safe investment

These two coins are SAFE for long-term investment able to survive in a market with competition that cannot be rivaled by any coin, so I think people by choosing these two coins they still have dreams in the future with high prospects.
Altcoin: it is a shitcoin that will not last long in the market if you do not have the skills to trade shitcoin then it will refer to losses especially by holding it is clear that there is no other hope, avoid if you don't want a headache when you have experienced before.

Those who want to invest for long term can definitely choose BTC and ETH. But those who want to invest in other altcoins and memecoin must invest for short term. Because these coins suddenly get hype and when the hype ends, they turn into shitcoins. And tokens received from various bounties should never be held long term. Because after a few days most of the tokens lost their popularity and became dead.

If you do really like for yourself to be that going for longer period of time when it comes to investment then holding with those top coins should really be your main priority.Bitcoin and ETH would really be always the

best choice but we know that not all investors would really be thinking up the same on which there are ones who arent really that patient enough to wait up for how many years before they would really be able to see
their investment gains or profits and this is why they would really be touching up meme coins or altcoin investments.We arent saying that its not recommendable or something that go against their interest on investing since its their money but they should really be careful on dealing up with these things. Risks is more higher but the rewards or possible profits is high too and this what sparks their interest on why they would be investing on something like this despite of the higher risks. There are people who do really get used to deal with high risks higher reward of things which they dont bother on whats the thing that in front of them.

Invest on what you can afford to lose as always on which on this way this is the only thing that you could really at least assure that you wont really be getting wrecked up on the time
that things turns out to be messy.

Many are unable to tolerate the market's volatility, and as a result, they depart the market sooner than expected. While some project’s primary goal is to profit from people's investments (scam projects), they eventually quit the market after a large number of investors have purchased their coins.


Aside from bitcoin, the majority of cryptocurrencies exist to make a one-time profit. I won't disagree that most altcoins have made people millionaires in a single shoot upward, which has drawn more attention to them than bitcoin, which has a higher success rate. No matter how you communicate it to people, they will choose what will make them rich overnight. They can find it in some altcoins, but the danger is larger and might cause you to lose more than you can think if you buy in the wrong choice.  Not only may greed and ignorance lead to mistakes, but so can the altcoin you've chosen to invest in.

The dream of getting rich suddenly is meme coin so you can't avoid it even if you want to because most new investors express this expectation. On the other hand btc and eth both are the best coins ever and you are 100% safe. Also you must have collected bad tokens from bounty which are constantly dead. According to me after getting bounty token no risk should be taken and when u get decent normal money sell them and buy and hold best coins like btc or eth.

Can't really beat Bitcoin if you're for the better option and long term. But can't also neglect the experience of the others who have been making good money with those tokens that came out recently and they're only for the short term.

That's true.

Because of how quick this market is, those that are on the trend are also moving faster than of the two that you've mentioned.

I did invest in lots of altcoins and i received many tokens from bounties as reward. I experienced that, most of the tokens turns into shitcoin or dead after a few months. Some Altcoins performed very good for a certain time then all of those lost 90-95% of values and still traded on exchange with so called volume. Thus process is continued. Even top altcoins also replaced by new altcoins. 2017 vs 2023.

Moral: I think BTC and ETHEREUM is better option for investment, Can be trusted blindly, profitable for long. Low Ranked Altcoins, Memecoins and shitcoins are just headache and reason of huge losses in long time. But anyone can invest his money wherever they want.