When you hear about trending Altcoins in the news it means that coin is already at the top level and you can expect only downgrades from that point on.I don't follow a lot of news in the crypto as I think I have enough experience myself and from what I see the few altcoins I invest in are either backed up by a strong roadmap or at least they are backed by a strong company.The main alt Ethereum I mine it and get paid in Bitcoin,that's my primary objective to increase the stash of my amount in Bitcoin,I can always buy altcoins then.
Lots of different ways to invest or trade,just be careful to go and invest in shit cryptos and by this definition I mean a good crypto in 2017 that now is almost non existent anymore.
Topic: Altcoin question and answer better option to earn money in crypto - page 6. (Read 725 times)
March 12, 2022, 05:35:52 AM
March 12, 2022, 05:24:50 AM
::)Altcoins are always in the news, should we change our coin according to crypto trends
Any trend has a lot of products to choose from. Are you confident that you will always have a good ROI with the trends you approach? Trends appear and end very vaguely. We can't pinpoint that. Being profitable on some projects doesn't mean the market is moving in the direction you think it is. Typically, some new terms have appeared recently, and you have assessed their level in this context.The cryptocurrency trend is Bitcoin.
March 12, 2022, 05:16:28 AM
::)Altcoins are always in the news, should we change our coin according to crypto trends
It is true that following the crypto trend in investing has the possibility of producing multiple profits, but it is difficult because the trend does not hold well. I think you can pick one or two of the best cryptos to invest in and survive, there will be bullruns at times.
March 12, 2022, 04:42:57 AM
::)Altcoins are always in the news, should we change our coin according to crypto trends
It's like you're just a tool for the wrong market. I don't want to be too dumb for that behavior, but don't be wise in a market that is so easily navigated by news. For me, in this crpto market, BTC will be something to hold and I should only hold BTC no matter what the time. Don't think that trends bring success, but rather short-term trends in the process of bringing BTC closer to us. March 12, 2022, 04:36:29 AM
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should we change our coin according to crypto trends
What do you mean by this? You have to be clear.
Changing coin according to crypto trends is meaning what exactly. You can sell your coins to buy another preferable coin if that is what you mean but you should explain better. If the hype of a coin is interesting you, you can make a shift but altcoins are mainly almost same, hype and dump.
March 12, 2022, 04:33:37 AM
Altcoins are always in the news, should we change our coin according to crypto trends
Only a fool does that.With my experience of being in crypto for the last 7years, Altcoins are like a Fad diet. They go up with some trendy news and then go back down before the bagholders can sell in profit and then go stagnant for the next several years till the developers abandon it or sell it off to some other shady company, only to be never heard of again. Agree, that some project have done really well but 99% of them ends up like this.
Just because something is in the news, does not mean it will be huge in future. Most of the traders here lack the technical knowledge on how to assess a project's future risk and outcome. That if done properly, you will see that any crypto based project will fail in front of its mainstream counterpart.
March 12, 2022, 04:20:33 AM
::)Altcoins are always in the news, should we change our coin according to crypto trends
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