About Altcoins Investment Experience - page 3.

leonair

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Quote from: Mehedi72 on August 29, 2023, 11:31:45 AM

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.

Bitcoin is Bitcoin you can't compeer anything with bitcoin and Ethereum is a top altcoin also also a strong chain Ethereum (ERC20) provide a high quality contract address with high security that's why this blockchain is much popular. so i think ETH is also safe investment in altcoin. you can also choice another top altcoin for investment like SOL, BNB and any others coins like this. but always invest such a amount that you are afford to loss. because no cryptocurrency coin will not give you any profit guarantee

Makus

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Quote from: Bushdark on January 23, 2024, 12:17:35 PM

I have numbers of experience investing in the wrong altcoins and that had made me stronger when making financial decisions in the market. Anytime we are making financial decisions, it is good when we study the market and look at our benefits before we eventually put our money. We can keep making loses in the market if we don't know these things. Making money in the Crypto market entails our knowledge about how we can actually make the money.

That is why study before buying any altcoin is very important as an investor. Of you miss this tip as a beginner, you might end up letting loss in the market to advise you rather than just learning from the advise of other investors. Though it doesn't properly elevate from falling into the hands of scam project, but it will give you a great hint to abstain from several scam projects which are easy to fish out. Learning a endless process, so if you would want to stay far from scam projects, you need to keep yourself updated.

MFahad

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Quote from: Mehedi72 on August 29, 2023, 11:31:45 AM

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.

Let me rephrase it for you. Bitcoin and Ethereum are better for Long term HOLDIng. and if you ask me I would say only Bitcoin is better for long term holding.
other altcoins are good for investment and trading and earning profit. but when it comes to long term holding I would always prefer to convert my assets into bitcoin or any Good stablecoins.
Low rank Altcoins, Memecoins are not necessary headaches, they become headache when we take them seriously. otherwise they are harmless and very profitable sometime.

AnonBitCoiner

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Quote from: Dr.Osh on January 24, 2024, 07:11:05 AM

In long-term investments, Bitcoin is the best crypto, and Ethereum is the best altcoin. So, I think these two coins are the best to invest in.
It's just that the potential profit obtained from a new project or meme coin is greater than that, but with greater risks too. However, I had the same experience, where I invested in new altcoins, but some of them ended in fraud and scams, and some of them still exist today. It's just that the potential is not what it was when the coin was released. So, the best investments in crypto I think are bitcoin and ethereum

Yes etheruem and bitcoin are both good source for long term investment and there is no other coin better than these two so if someone wants to put money then they should choose etheruem and bitcoin. Among altcoin BNB is also a good investment source because many people who have bought BNB are now in benefit so I think another option should be BNB.

New altcoins are not all scam therefore if someone wants to take benefit then he should also take risk because those who are afraid of taking risk will never see their bright fortune. Bitcoin and Ethereum can be choosed without doubt of success but other coins are doubtful about their success so if one take his decision with care then possibility will increase that he will be once appreciate altcoins.

carlfebz2

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Quote from: EarnOnVictor on January 23, 2024, 01:01:23 PM

Quote from: arjunmujay on January 23, 2024, 02:48:20 AM

Quote from: Miles2006 on January 23, 2024, 02:39:16 AM

Like have said before this is my first experience and I have zero plans of holding some random altcoins with no value except from Ethereum and not yet, I will still wait for some time cause I have not even study about the market. I know a lot of altcoins since I started making research but I still don't want to get involved in any coins yet.
The value of altcoins depends on the price of bitcoin so if some altcoins fail to rise when bitcoin has reached another ATH then you will know that you've been spending on something worthless that's why it's advisable to never spend your money on every coins or new coins but focus your investment more on bitcoin first before buying trusted Altcoins.

I also experienced this, starting from airdrop tokens or even ICO tokens that I chose first in 2017. And in the end now they have become trash coins that cannot be used at all. That's one of the most valuable lessons for me to be more precise and careful in choosing coins as a long-term investment.
and luckily I still have a little ethereum from 2017. If I didn't have that ETH, I might have run out of money just for a failed ICO.

Oh nice, 2017 is quite a long time ago, and for you to have started participating in airdrops means you are kin to crypto investment at the time and I hope you gained through Bitcoin even if other coins/tokens failed you.

Well, many people are lucky to have started with some kind of investment package when crypto scams are not as much as this, and maybe earned airdrops that helped them so well even as the token in most cases appreciated significantly and they make money. Some tokens are still relevant till today, while some later dump so much to the point that the owners are blaming themselves. Others never rose at all which I term failed project, so it all depends. To gain a good airdrop today is not so easy and we will continue to see airdrops as a thing of luck, they can enrich us and they can be a waste of time.

For anyone that comes into play with us, we should just ensure that we take them in good faith, only that we should not waste too much of our time chasing airdrops these days, they are not just worth it. This is especially true when they are attached to some insane tasks before you can own them. I often walk away sighting such conditions you must pass before you can earn it. I am not desperate and I don't have time for that.

Not really that shocking about those old techs would really be replaced by new one but of course it would be excluding Bitcoin and other top L1's that we do have into this market.
This is why when it comes to investment then it would really be just that depending on you and your research on what projects that you would really be tending to hold for long term.
In all the coins that we do have in the market today then it would really be just that normal that we would really be having that kind of confusion on which
projects that we would really be that tending to engage with.

Risks is there on which it is really just that normal.Some people do make money and some people cant or lose that much. This market is really that in between to those losers and winners.
If you dont make yourself that not be able to handle up such risks then it would really be just that your choice
on how you would really be gonna deal with these things along the way.

Dr.Osh

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In long-term investments, Bitcoin is the best crypto, and Ethereum is the best altcoin. So, I think these two coins are the best to invest in.
It's just that the potential profit obtained from a new project or meme coin is greater than that, but with greater risks too. However, I had the same experience, where I invested in new altcoins, but some of them ended in fraud and scams, and some of them still exist today. It's just that the potential is not what it was when the coin was released. So, the best investments in crypto I think are bitcoin and ethereum

Essential10

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Quote from: cryptoWODL on January 23, 2024, 03:48:49 AM

My first cryptocurrency investment started with investing in alt coins.I have very bad experience investing in these alt coins. BAD EXPERIENCE That's why when I used to invest in alt coins, I mostly invested in coins when they were new to the market. But I slowly try to learn about the cryptocurrency market and gain experience.

Then I stopped investing in those new coins and started investing in the best alt coins in the cryptocurrency market. Then I invested in BNB coin when the price of this coin was above $500 even that year the coin increased above $650.Although the price of this coin has decreased now, I expect the price of this coin to rise again in the future.

It is true that because of the low price of alt coins, newbies start investing in them. Especially they don't understand what kind of altcoins to invest in. We expect 10x, 20x, 50x from new coins but in the end they are mostly worthless. Investing in all these coins will be bring double, triple profit, in that case I always suggest to invest in top alt coins. BNB is a good coin, hopefully it will increase in value in the upcoming Bullrun. You can also increase your investment portfolio with both Ethereum and SOL coins as you can expect good returns from these coins as the Bitcoin price be rises towards the end of the year.

Mate2237

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Quote from: cryptoWODL on January 23, 2024, 03:48:49 AM

My first cryptocurrency investment started with investing in alt coins.I have very bad experience investing in these alt coins. BAD EXPERIENCE That's why when I used to invest in alt coins, I mostly invested in coins when they were new to the market. But I slowly try to learn about the cryptocurrency market and gain experience.

Many in online and offline started the cryptocurrency journey with altcoins. Some of the guys I I know that in my area they investing in altcoins and not in bitcoin. And when I asked them they would only say altcoins pay well. And some of them are purely in the business of airdrop. They invest in airdrop and sell them off once the project price just increase. Till today I am still thinking how they came to know all these. And as I said many times before the only Altcoin cryptocurrency that I have is Eloncoin now. And I am not thinking to sell it or stake it for now.

niall51

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Quote from: Mehedi72 on August 29, 2023, 11:31:45 AM

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.

If you want to be safe, just be safe with a less significant increase in your portfolio, maybe you just have to buy ETH and BTC on a large scale, but with your minimal capital, you have to look at other altcoins or shitcoins because it will make you a profit of 3-10x your capital, but it's necessary. Remember, it's all up to you to choose risks, remember, don't follow other people to do your own research

Hildentine

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According to my experience is that must read project there roadmap and gain knowledge about cryptocurrency then choose a strong project then claim if price is low so keep hold if the project is strong definitely they give profit.

EarnOnVictor

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Quote from: arjunmujay on January 23, 2024, 02:48:20 AM

Quote from: Miles2006 on January 23, 2024, 02:39:16 AM

Like have said before this is my first experience and I have zero plans of holding some random altcoins with no value except from Ethereum and not yet, I will still wait for some time cause I have not even study about the market. I know a lot of altcoins since I started making research but I still don't want to get involved in any coins yet.
The value of altcoins depends on the price of bitcoin so if some altcoins fail to rise when bitcoin has reached another ATH then you will know that you've been spending on something worthless that's why it's advisable to never spend your money on every coins or new coins but focus your investment more on bitcoin first before buying trusted Altcoins.

I also experienced this, starting from airdrop tokens or even ICO tokens that I chose first in 2017. And in the end now they have become trash coins that cannot be used at all. That's one of the most valuable lessons for me to be more precise and careful in choosing coins as a long-term investment.
and luckily I still have a little ethereum from 2017. If I didn't have that ETH, I might have run out of money just for a failed ICO.

Oh nice, 2017 is quite a long time ago, and for you to have started participating in airdrops means you are kin to crypto investment at the time and I hope you gained through Bitcoin even if other coins/tokens failed you.

Well, many people are lucky to have started with some kind of investment package when crypto scams are not as much as this, and maybe earned airdrops that helped them so well even as the token in most cases appreciated significantly and they make money. Some tokens are still relevant till today, while some later dump so much to the point that the owners are blaming themselves. Others never rose at all which I term failed project, so it all depends. To gain a good airdrop today is not so easy and we will continue to see airdrops as a thing of luck, they can enrich us and they can be a waste of time.

For anyone that comes into play with us, we should just ensure that we take them in good faith, only that we should not waste too much of our time chasing airdrops these days, they are not just worth it. This is especially true when they are attached to some insane tasks before you can own them. I often walk away sighting such conditions you must pass before you can earn it. I am not desperate and I don't have time for that.

Bushdark

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Quote from: andyou1234 on January 23, 2024, 12:09:08 PM

To be honest, I personally don't have significant experience with altcoins, but the most impressive thing about the journey of investing with altcoins is that when I got tokens from the campaign I participated in, I got 75 RAE tokens, and that's when I got my first income in crypto, RAE is the most impressive coin because it has given me huge profits, but now I see that RAE has become a shitcoin fell too deep, what a shame.

I have numbers of experience investing in the wrong altcoins and that had made me stronger when making financial decisions in the market. Anytime we are making financial decisions, it is good when we study the market and look at our benefits before we eventually put our money. We can keep making loses in the market if we don't know these things. Making money in the Crypto market entails our knowledge about how we can actually make the money.

andyou1234

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To be honest, I personally don't have significant experience with altcoins, but the most impressive thing about the journey of investing with altcoins is that when I got tokens from the campaign I participated in, I got 75 RAE tokens, and that's when I got my first income in crypto, RAE is the most impressive coin because it has given me huge profits, but now I see that RAE has become a shitcoin fell too deep, what a shame.

snowpega

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Quote from: Mehedi72 on August 29, 2023, 11:31:45 AM

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.

Dear, I would not like to give you any financial statement because better is not the give. Hmm, Altcoins only pump when the team is collaborating with other good projects which is equal to good news and these news makes hyps in the market and builds investors interest in that particular altcoin. it is just like a balloon that is filled when buying orders are more than selling orders and when selling orders come over buying one hype will be broken and that balloon will be burst. But many good projects return a good amount of profit as well as you will see them performing well in the coming bull run.

Ben Barubal

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Quote from: Mehedi72 on August 29, 2023, 11:31:45 AM

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.

As far as I know, in 2017, most altcoins at this time got a lot of profit from altcoin bounties. The image of altcoins in bounties just got ugly since 2018 came in, and it seems that the bounties that pay a lot have become rare in terms of the rewards of the participants who participated in the campaign.

So far, I have not experienced making a profit in altcoins, especially now that I have joined the signature campaign that I am wearing as a banner code at the moment. So the only thing I can do at the moment is buy little by little altcoins on the exchange.

yazher

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Quote from: cryptoWODL on January 23, 2024, 03:48:49 AM

My first cryptocurrency investment started with investing in alt coins.I have very bad experience investing in these alt coins. BAD EXPERIENCE That's why when I used to invest in alt coins, I mostly invested in coins when they were new to the market. But I slowly try to learn about the cryptocurrency market and gain experience.

Altcoin investment is not as easy as others may think because it requires lots of time to learn which coins are better and which coins are just fakes and scams. Though you have already found the right altcoins with some legit owners and developers, it has no guarantee that they will last forever and they won't stop their development and updates because it already happened to lots of altcoins where they are active in their early stages but they just disappear due to loss of capitals and supports and they didn't continue their project anymore nor they promote it to increase its price.

That's why those who are new should invest in some top altcoins after they've done their proper research of course because that's crucial for them so that they can easily spot which altcoins are suited for their current budget. And when they are used to investing, they can try some new altcoins that are in their early stage so that they can feel how to be someone who holds altcoins for the long term.

cryptoWODL

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My first cryptocurrency investment started with investing in alt coins.I have very bad experience investing in these alt coins. BAD EXPERIENCE That's why when I used to invest in alt coins, I mostly invested in coins when they were new to the market. But I slowly try to learn about the cryptocurrency market and gain experience.

Then I stopped investing in those new coins and started investing in the best alt coins in the cryptocurrency market. Then I invested in BNB coin when the price of this coin was above $500 even that year the coin increased above $650.Although the price of this coin has decreased now, I expect the price of this coin to rise again in the future.

arjunmujay

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Quote from: Miles2006 on January 23, 2024, 02:39:16 AM

Like have said before this is my first experience and I have zero plans of holding some random altcoins with no value except from Ethereum and not yet, I will still wait for some time cause I have not even study about the market. I know a lot of altcoins since I started making research but I still don't want to get involved in any coins yet.
The value of altcoins depends on the price of bitcoin so if some altcoins fail to rise when bitcoin has reached another ATH then you will know that you've been spending on something worthless that's why it's advisable to never spend your money on every coins or new coins but focus your investment more on bitcoin first before buying trusted Altcoins.

I also experienced this, starting from airdrop tokens or even ICO tokens that I chose first in 2017. And in the end now they have become trash coins that cannot be used at all. That's one of the most valuable lessons for me to be more precise and careful in choosing coins as a long-term investment.
and luckily I still have a little ethereum from 2017. If I didn't have that ETH, I might have run out of money just for a failed ICO.

Miles2006

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Like have said before this is my first experience and I have zero plans of holding some random altcoins with no value except from Ethereum and not yet, I will still wait for some time cause I have not even study about the market. I know a lot of altcoins since I started making research but I still don't want to get involved in any coins yet.
The value of altcoins depends on the price of bitcoin so if some altcoins fail to rise when bitcoin has reached another ATH then you will know that you've been spending on something worthless that's why it's advisable to never spend your money on every coins or new coins but focus your investment more on bitcoin first before buying trusted Altcoins.

Makus

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The only altcoin holding I have, is the one I get as a reward from my signature campaign. I have not bought any altcoin before but trust me, I know how it feels to hold an altcoin. It's more stressful than holding Bitcoin, and the funny part of it is that you are just holding for a short period of time, so you have to be vigilant watching the market to know when to sell before you start incurring any loss. But with Bitcoin holding, you just need to sit back and let the market do what it know how to do best. that is, moving in an upward direction.

Topic: About Altcoins Investment Experience - page 3. (Read 1619 times)