Topic: Altcoin provides more long-term profits - page 4. (Read 1111 times)
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there is always a risk when there's an advantage on it. its fine to invest on altcoins if you already know the progress that the altcoin were having. Have seen different altcoins who's now having the best price that they can have.
True, for the risk it will always be there when we are looking for a profit, so in investing everyone is required to be more careful in choosing anything and always use research before making an investment, be it investing in altcoin or others. Of course, now entire ecosystems matter the most. The most advanced one for now is definitely Scopuly - you must have heard of it if you are into crypto. In few words, with Scopuly you can store, receive / send, decentralized trading of different types of crypto assets, issue tokens, deposit / withdraw fiat currency, as well as carefully analyze all the most relevant and important data from the Stellar blockchain. As you probably know, as blockchain Stellar is focused on a specific task: fast, reliable and low-cost transactions for a large number of users. So this is a perfect balance, from my point of view. And I definitely recommend you to have a closer look at Scopuly (Google them, for example), cause they are much more advanced than you can imagine. And interested to know your thoughts afterwards
Sounds very innovative, no doubt here. Let me acquaint in more details on what exactly guys are coming with. And will get back with own thoughts! Thank you for the recommendation
Interesting, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into trading industry, can you give me an example of the solution that meets your requirements? Basically, would be more interested in multifunctional solution, not simply trading platform
Of course, now entire ecosystems matter the most. The most advanced one for now is definitely Scopuly - you must have heard of it if you are into crypto. In few words, with Scopuly you can store, receive / send, decentralized trading of different types of crypto assets, issue tokens, deposit / withdraw fiat currency, as well as carefully analyze all the most relevant and important data from the Stellar blockchain. As you probably know, as blockchain Stellar is focused on a specific task: fast, reliable and low-cost transactions for a large number of users. So this is a perfect balance, from my point of view. And I definitely recommend you to have a closer look at Scopuly (Google them, for example), cause they are much more advanced than you can imagine. And interested to know your thoughts afterwards
in my opinion there are risks besides things that are beneficial. You might see the percentage increase in altcoin is greater than bitcoin but if the position where the crypto price drops you will see the biggest percentage decrease in altcoin. Considerations before choosing and using crypto.
there is always a risk when there's an advantage on it. its fine to invest on altcoins if you already know the progress that the altcoin were having. Have seen different altcoins who's now having the best price that they can have. Mine is the following - I am starting with the niche. For example, talking about me, I am fond of trading and managing assets. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
Interesting, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into trading industry, can you give me an example of the solution that meets your requirements? Basically, would be more interested in multifunctional solution, not simply trading platform
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
I don't think so, but there are exceptions to the rules but that is not the general argument, altcoins are not good for long term profit, but there are few altcoins that have proven their worth overtime, and we can easily tell that coin by looking on the market, their daily volume, and thei official announcement, if there are new updates.I think altcoin is just suitable for short term. The volality is high so it can make higher profit than Bitcoin
But of course, that includes high risk too. So when you wanna trade in altcoin, make sure be carefull of your capital
Make stop loss is a must when you trade altcoin at this time
Greetings. There are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
Mine is the following - I am starting with the niche. For example, talking about me, I am fond of trading and managing assets. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
I think altcoin could never lose its correlation with Bitcoin, ever. That said, 2020 is looking to be a good year for both Bitcoin and altcoin. Alts performance during January even better than Bitcoin, I would say. Major ones are all moving bigger in terms of percentage. ETH, BSV, BCH, ETC. Heck even ETC went 10x right?Yeah alts are more volatile but that's a good thing in bull market because you would get more in return.
Cheap value not always become good sign for replace money, we should analyze first and manage risk as plan. Altcoin always follow bitcoin and there's chance they will dump if bitcoin goes deeper or scam. Potential coin can be identify from history chart, development progress and volume. Every coin has big chance to give us profit but when to replace and get out is the important part. Besides that long term strategy need big money to start, do you have it?
Afternoon there ladies and gentlemen. There is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solution for you
Greetings. There are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
Afternoon there ladies and gentlemen. There is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solution for you
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many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
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many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
I don't think so, but there are exceptions to the rules but that is not the general argument, altcoins are not good for long term profit, but there are few altcoins that have proven their worth overtime, and we can easily tell that coin by looking on the market, their daily volume, and thei official announcement, if there are new updates. 
One should use smart strategy and diversify the portfolio - not just invest all the bank in altcoins or bitcoin. When you see strong movements in BTC, hold your main capital in this coin, when BTC is strong and stable enough - buy altcoins.
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
You have a point on that. Added by the fact that there are lots of existing Altcoins in the cryptocurrency market, there are really lots of opportunities you can acquire for getting into Altcoins since you have varieties to choose from and you can also do have many Altcoins all at the same time. But the question is, how long can you wait and hold? Because to be able to earn profit, you still need to trade and make use of the assets you hold for the sake of yours to earn. Although Altcoins provide opportunities of earning, but still Bitcoin have a large edge above Altcoins which makes it the cryptocurrency of all time. Its potential of growing and improving in terms of all aspects are really that big and observable compared to what the Altcoin market can do. Actually both Bitcoin and Altcoins are good for long term holding. But for the part of Altcoins, you need to be picky to choose your best Altcoins and to assure if that will be good for long term holding, reliable or legible because not all Altcoins are good or worthy to be invested in.
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
Waiting long term to get profit can be very unbearable, if one have to invest in altcoin he or she must be ready for a very long journey because altcoins aren't like bitcoin that can bring lose today and bring profit the next day
In my opinion to make profit from altcoins do not have to be a long-term investment, we can make profits in the short term investment
also with altcoins. Because the key to investing in cryptocurrency is we can buy at the right price, if we want buying at the right price
must have knowledge and experience. And also no less important we must be able to choose potential altcoins in order to make a profit.
So far I choose altcoins that are in the top 10 ranked never felt anxious, because I'm sure altcoins that are in the top 10 have active
developers, which allows coins to pump and give profits for investors.
also with altcoins. Because the key to investing in cryptocurrency is we can buy at the right price, if we want buying at the right price
must have knowledge and experience. And also no less important we must be able to choose potential altcoins in order to make a profit.
So far I choose altcoins that are in the top 10 ranked never felt anxious, because I'm sure altcoins that are in the top 10 have active
developers, which allows coins to pump and give profits for investors.
No doubt Bitcoin has massive influence on altcoins,But it is also reality that every one can not afford the Bitcoin.Altcoins are better alternatives to invest and hold for long time.If you are a sensible trader and handle trade wisely can earn more from the altcoins.
Altcoins still cheaper but some altcoins have great potential to rise on peak so this is good time to buy some alts hold for good time where price meet the expectations.
Altcoins still cheaper but some altcoins have great potential to rise on peak so this is good time to buy some alts hold for good time where price meet the expectations.
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
Dilemma, right? that is why bitcoin and altcoin can both provide big benefits if we can analyze the right timing for buy / sell / hold. Technical and fundamental analysis is needed, so it is better not to be easily influenced by fud and fomo, all need a good process and instinct. So, take the opportunity of bitcoin and altcoin, or choose the best that suits your abilities, because both can provide benefits. Jump to: