Altcoin Investing - page 2. | Bitcointalksearch.org

maydna

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Altcoins can give more profit that Bitcoin. https://dailycoin.com/top-performing-underperforming-crypto/ here is articles about more promising altcoins that can give more profit than Bitcoin. What do you think about this altcoins? How promising are they?

That will depend on the altcoins because, with so many altcoins on the market, it will not be easy to analyze them, even if that altcoin has a good position in the market. I read the article, and I think Theta, VeChain, BitTorrent, CRO and Harmony can be good as the investment. Still, you need to find out more information about those coins because those coin getting pump for a while, and the coin price now seems not stable and going down again.

I do not know how promising that coin. That is why I suggest you search for more info. But if you are sure that the coins have the potential to increase, you can start to buy now, but remember, do not buy with big funds because that will be too risky for you.

isaac_clarke22

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Quote from: CryptopreneurBrainboss on March 27, 2021, 01:02:43 AM

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

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One of the challenges of investing in altcoins is knowing the coins to holds and those to take profit due to them not been authentic. We have coins that basically just copy already existing codes and launches their own project, these kind of project hardly succeed in the long term.

They could be buzzing when they launch newly due to shilling but as time goes on, they die off the market when other shitcoin are been shilled. We have numerous of them, and there are more to come so if you have interest in altcoins you have to be extra cautious of coins you add to your portfolio.

On the other hand, coins that either improved on already existing codes, making theirs superior or those that develops a brand new idea and sells it effectively to the community has a higher chance of succeeding in the industry.

This.
Actually we can't blame that those carbon-copy projects still exist.
They're just up for shorter-term $$$. That's why many would claim, including me that those types of projects aren't for hodling purposes unlike Bitcoin.

Still some investors continue to feed those projects and that's why they keep coming back in greater numbers after doing an exit scam at the end of their project's lifetime.

Kitaiev

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I agree more with your altcoin investment strategy than i disagree. I agree that when investing in an altcoin you should be prepared for the fact that it can lose most of its value but it is worth fixing profits in different situations in different ways, you can take your money from the market and without waiting for x3 the main thing is not to lose it.

adzino

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.
1. Only invest 1% of portfolio

Maybe be a bit more? 1% sounds way too less unless you are investing huge sum of money. Maybe invest 1% in some random altcoins while investing rest 9% in some good, wellknown altcoins.

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

2. Take out initial stake after 3x gain

Sure. You can do that. But this means you might have to be holding for long term. Your altcoin profits won't jump to 3x in few days.

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts

Even if it does lost 60%-90% of its value (more likely to happen with random scam/shit coins), you won't make any loss as long as you don't sell. The prices will eventually recover. But then again, it is up to you to decide, is it worth holding for this long?

senyorito123

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Quote from: Ridwan Fauzi on March 26, 2021, 07:06:47 PM

I guess it doesn't matter you spend 50% of your capital to buy an altcoin because there are some altcoins are safe if we hold it for long term investment. As we all know, ETH has already reached its all time high. I still remember thag this coin has ever dropped to $35 a few years ago, can you imagine what will you do if you still hold the ETH wheb you bought it at $35, you will be reach.

Also, some altcoin like ADA and BNB, these coins also have a good future. I still remember when ADA reached $0.07 a few years ago, you will be happy if you bought it at that price and still hold until now. So, you will be fine although you choose long term investment in altcoin as long as you already know that the altcoin has a potential to be a good coin in the future.

The amount to invest doesn't matter as long you know everything about the Altcoins you will be investing. It very important to know each details, for you to have peace of mind. Investing such Altcoins doesn't mean gaining profit easily. It needs understanding, patience and trust.

There are two ways to invest, first is investing through short term where you are Contented to the value of your choosen Altcoins you have. Second is investing through long term which you need to wait until its value hit the highest value. Right choice is highly needed also in investment better think and understand it more.

CryptopreneurBrainboss

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

One of the challenges of investing in altcoins is knowing the coins to holds and those to take profit due to them not been authentic. We have coins that basically just copy already existing codes and launches their own project, these kind of project hardly succeed in the long term.

They could be buzzing when they launch newly due to shilling but as time goes on, they die off the market when other shitcoin are been shilled. We have numerous of them, and there are more to come so if you have interest in altcoins you have to be extra cautious of coins you add to your portfolio.

On the other hand, coins that either improved on already existing codes, making theirs superior or those that develops a brand new idea and sells it effectively to the community has a higher chance of succeeding in the industry.

criket

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Quote from: Shasha80 on March 26, 2021, 07:59:35 PM

I do not recommend investing in altcoins of 1% of the portfolio, because the profit you get will be very small. Maybe the profit you get will be
exhausted by transaction fees or withdrawal fees if you only use 1% of your capital. Or you do have a very large capital, so it is enough to use 1% of
the portfolio. Because you don't explain in detail. Regarding the profit target we want to get, surely everyone has a different target. So if you are
satisfied with the 3x gain it's your choice. It's true that altcoins are very risky, so they can go down very deep. As you said, altcoins prices can drop
by up to 60%-90% of their value. Therefore a good analysis is needed before deciding to invest in altcoins.

if he thinks about 1% of the money he has to invest in altcoins. I am sure he has a large capital. otherwise, he will not get any of the investment he made.
he may have greater expectations and like the BTC market than the altcoin. if he is investing in BTC, of course, he has a large capital.
because some people don't like certain altcoins and focus more on the BTC market. when a trader and investor only focuses on one asset then he can really know how he can get bigger profits because of understanding the asset, project, and market.

Shasha80

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I do not recommend investing in altcoins of 1% of the portfolio, because the profit you get will be very small. Maybe the profit you get will be
exhausted by transaction fees or withdrawal fees if you only use 1% of your capital. Or you do have a very large capital, so it is enough to use 1% of
the portfolio. Because you don't explain in detail. Regarding the profit target we want to get, surely everyone has a different target. So if you are
satisfied with the 3x gain it's your choice. It's true that altcoins are very risky, so they can go down very deep. As you said, altcoins prices can drop
by up to 60%-90% of their value. Therefore a good analysis is needed before deciding to invest in altcoins.

Ridwan Fauzi

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I guess it doesn't matter you spend 50% of your capital to buy an altcoin because there are some altcoins are safe if we hold it for long term investment. As we all know, ETH has already reached its all time high. I still remember thag this coin has ever dropped to $35 a few years ago, can you imagine what will you do if you still hold the ETH wheb you bought it at $35, you will be reach.

Also, some altcoin like ADA and BNB, these coins also have a good future. I still remember when ADA reached $0.07 a few years ago, you will be happy if you bought it at that price and still hold until now. So, you will be fine although you choose long term investment in altcoin as long as you already know that the altcoin has a potential to be a good coin in the future.

lienfaye

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

1. Only invest 1% of portfolio
2. Take out initial stake after 3x gain

The question is how much is your initial capital? I think 1% is too low, though this is solely depends on you. On the other side taking your inital capital after 3x gain is good but for me I will also get some profit from my gains so if the price turn downward I already enjoy some of my earnings. Well this is also depends on your strategy since we have our own way of thinking.

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

If the altcoin that you hold is well-established and unlikely to be delisted in exchanges (and turn shitcoin) then there's no reason to sell completely. Just choose a worthy altcoins because even there's a negative news circulating that can affect the price, it wont turn to zero and will certainly bounce back again.

posi

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1. Only invest 1% of portfolio

Invest 1% of your capital into altcoin will only be a good decision if the capital huge, if not I will decide to use 15% while you invest 35% into Bitcoin because altcoin market are highly manipulated.

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

2. Take out initial stake after 3x gain

That's a wonderful strategy and it something I usually do when invested in altcoin.

Quote from: richstan69 on March 21, 2021, 10:36:27 PM

3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

When the bullish market is over altcoin will be the only coin to loose 60-75% of it value because Bitcoin will be also included but if you afraid of loose the profit, i will advise you to sell 50% of it.

Cappex

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

many altcoins will have more use than bitcoin, still it is all driven by speculation with few real cases of use... but remember that bitcoin in my opinion, is pure store of value while some altcoins will be the basis of decentralized internet, of video games, social and everything you see today.

seleme

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Quote from: Wawa2013 on March 26, 2021, 05:07:21 PM

Investing in altcoins only 1% of the portfolio is too small, with 1% capital it will be difficult to make a decent profit. I usually use around
20% -30% capital, that's ideal for investing in altcoins in my opinion. Then the profit target should be flexible in my opinion, depending
on the choice of altcoins we choose.

So can't equalize all altcoins can get 3x profit. We could just sell all the altcoins we have, if we think the profit generated is satisfactory.
It's true that sometimes altcoins can drop by around 60% -90% when a bubble burst occurs. Therefore, always use the stop-loss feature
to avoid big losses.

1% capital is just small and l think also that 20% or 30% capital is ideal for investing in altcoins. However, as you said the profit depends on choosing the right altcoins. For that you should make hard research, it would be great to invest in top altcoins like ETH, BNB, XRP. There is more chance to make a profit from these coins in the future. There are also some potential projects, but as l said for finding the best projects we can good analyze. Then we can think about the profit, capital plays an important role, on the other hand, knowledge and analysis ability plays a more important role than money in my view.

Kelvinid

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

You don't need to believe it much. Well, It is to know that drops are often happening after the hypes but if you are investing those potential altcoins, it won't be like that unless if you are investing those coins that only driven by hypes and manipulation.

This how I invest in altcoins, I just choose 2-3 of them. Do the short-term goal, sell at high, and buy back again during the bear season. we need to be practical when it comes to investing and every pump makes me decide about selling, I don't wait the market will burst but to anticipate it first the reason why I'd never hold for long.

JNR

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

the point is you must invest what you can afford to lose mate
by the way, if you drop your money about 1% of your portofolio then another 99% you go to bitcoin, maybe thats a good decision, but for me its better to increase the percentage from your altcoins investment, maybe about 40%, because for now a lot of good altcoins project to invest mate
about 3x gain, i think you need to increase your patience, because sometimes waiting will make you boring

Cling18

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1% I think is too small to invest with altcoins. I think it's better if you would add a little more portion of your portfolio. Don't be afraid to take the risk as long as you're going to invest with a potential altcoin. I'm allocating 25% of my portfolio with altcoins. So far, I'm gaining enough. Things will still depend on the potential of the coin of your choice.

mueddib

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our recommendations for Filecoin are correct they are progressing very well and will be valued further in the future. dont even need to call altcoins from Filecoin

Wawa2013

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Investing in altcoins only 1% of the portfolio is too small, with 1% capital it will be difficult to make a decent profit. I usually use around
20% -30% capital, that's ideal for investing in altcoins in my opinion. Then the profit target should be flexible in my opinion, depending
on the choice of altcoins we choose.

So can't equalize all altcoins can get 3x profit. We could just sell all the altcoins we have, if we think the profit generated is satisfactory.
It's true that sometimes altcoins can drop by around 60% -90% when a bubble burst occurs. Therefore, always use the stop-loss feature
to avoid big losses.

BIT-BENDER

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Quote from: richstan69 on March 21, 2021, 10:36:27 PM

I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.

1.   Only invest 1% of portfolio
2.   Take out initial stake after 3x gain
3.   What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.

Great work map for investing in alt-coin, this is looking so perfectly thought-out, but the field of play aren't done by paper works, just been aware of that when the bubble of alt-coin would blow up no one knows, work with a game plan well tailored with the reality of alt-coins nature.

RockCryptoWorld

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Topic: Altcoin Investing - page 2. (Read 605 times)