Topic: Best altcoin now? - page 3. (Read 824 times)

I will aswell join to recommend Solana, it's actually a good project that can make you some good money if you invest in it but what I can't really say for now if is now is the best time to really go into it because it's price keeps going up by the day as compared to its previous which I would have considered fair for an entry and Prices of coins are quiet unstable at the moment as they go up and down almost too often in recent times so it's very possible you could buy now and suffer losses days after but then if you would still want to invest in it then it will be better if you just wait till you see some stability with price then you can get a very good entry and after which you can wait for a new highs at which you can sell of and make some profit.

Investing in ETH is Also a good one but the challenge with that has always been in the fact that it's usually comes with high gas fee and that may not be such that you will be ready to bear as at the time of purchase but if you are willing to take bear the cost then you could proceed to getting it.

Yes, this is probably the rule of the crypto currency market because sometimes we see the price of Bitcoin high and other times we see the price of Bitcoin low which is always the case. A few days ago we also noticed that the price of Bitcoin went above $70k and then fell back to touch $63k. Over the past few days the price of Bitcoin has started to rise again and has almost returned to its previous level as well as the price of various alt coins. A small example of that is when the price of Bitcoin peaked this year when we saw the price of the Ethereum coin around $4k. Again when the price of Bitcoin was low, the price of Ethereum coin was around 3300 dollars that is the price of this coin was also reduced due to the decrease in the price of Bitcoin. The rise and fall of various altcoins largely depends on the rise in the price of Bitcoin.
These two coins you mentioned are good for investment but lately Solana Coin has been very bullish in the market. In fact now the market is bullish due to which all coins are bullish in price. As you said looking for new and unknown coins and investing in them seems totally stupid to me as these will bankrupt some people very soon.So even if you invest in alt coins, you should invest in potential coins.

My first question is that are you holding for a long term or you are holding for the short term? There is a lot of speculations surrounding the trend of the market regarding the all time high that was broken before the halving day and that's has beg the question whether if this is the place where we are going to have the final Bitcoin bullrun and the the market will correct or there is more to go for Bitcoin and you know, if Bitcoin remain at the top, that's when altcoins can run, any crash of Bitcoin will kills many altcoins potential bull run.

If looking for some gems, you should just take your eyes to Coingecko, from trending you will know which coin is good for buy for short term. As for the long terms, only Bitcoin I can comfortably tell you to buy, some altcoins has been pumped and entering them right now can make you buy at the top. Maybe you should wait after the market make some corrections before another leg, that's when you can buy some top altcoins.

Bitcoin is continuously changing in its value and few days ago there was very large decrease happened but now it is again higher so as bitcoin is changing the price of altcoins also changes but don't always prefer trendy coins but choose some top ones that can make you wealthy.

Ethereum and Solana are very successful and you should not forget to invest in these coins and it is not much effected by market dip therefore invest in most successful coins instead of finding new and unknown coins.

without experience, it is better not to put your money in meme coins. it could be the biggest mistake in your life if you choose the wrong coin. it's better to put your money into buying better altcoins like SOL which you have discussed. BNB and ETH may also be options to buy.
memecoin is too risky, it will be very easy to rise but also very easy to fall. Avoid it as much as possible or focus on trading and investing in Bitcoin in the long term.

Almost everybody in the crypto space is unanimously in agreement that Solana, is the top altcoin that has gained so much reputation and is profitable to invest in, and it's edge over Ethereum, which is another preferred top altcoin is it's low transaction fees, compared to Ethereum high gas fees. Memecoins are in trend now, most probably because of the hype of the bull run, so if you're up for it, considering how volatile they are, then you can take your chances on them, make research and choose, be among the early buyers, then sale on the short term to avoid your fund vanishing if it's a scam project.

It's quite difficult for me right now to predict which altcoin will be successful in the future. Most of these altcoins appear to be imitating the market behaviour of Bitcoin. These altcoins quickly follow Bitcoin whenever its market price declines, frequently making the decline worse. On the other hand, these cryptocurrency usually experience a recovery when Bitcoin starts to rise again.

investing in Bitcoin directly could produce more consistent profits, I wonder why people are searching for altcoins that might flourish. I believe that the likelihood of discovering an altcoin has significant promise is dim. While it's true that some cryptocurrencies may occasionally show signs of promising growth, identifying these possibilities is still difficult. Purchasing altcoins seems to depend more on chance than on careful planning. It is also very possible that the altcoin that an investor decides to invest in won't end up being a profitable endeavour in the long run.

I would say if you're there for long term holding, then put your money on the established Alt Coins already and stay away from memecoins. Most of the time those were listed within the top 100 here on https://coinmarketcap.com/
But if you're there short term and you have strategy to time the market, memecoins and coins under solana ecosystem is what's hot right now. For me, you should also look for coins that are performing great even most markets are down.

It very much depends on how exactly you define "best altcoin". The technically best altcoin? The altcoin with the most capital behind it and therefore with the best prospects of surviving a coming bear market? The altcoin that is used the most? The altcoin with the highest potential to hit x100?

Depending on how you set the bar, the result is completely different. But I would agree with you on point 1) in particular and take a look at the top 20. With AVAX and ADA, 2 technically very strong altcoins are already represented there. However, when it comes to the chance to multiply the price, you shouldn't look in the top 20. The probability of a coin achieving such high price increases there is very low. These coins have usually already had their altcoin run.

Having a focus on just altcoins makes one miss out on the general market movements. If you focus on the BEST altcoin, that means you will make yourself believe that there is just one, and there isn't a single one, there are many. I think the best thing to do in this case would be focusing on how you could probably make a lot more money if you diversified your portfolio, that way you will do a lot better.

I personally hope that the best thing we could do right now would be willingness to be open for possibilities. Go check the top 20, remove xrp, stables, and memes from the list, and invest equally to all of the alts there (and bitcoin should get majority) and you should be fine. I think that's the way I went and doing fine.

I am really excited with Solana coins success recovering since dropping lower price after their assets hold in FTX exchange until success raise the latest higher price above $200. Raise up to x20 more, become most success for altcoin after dropping drastically but Solana has solid team and the developer keep building or developing their coins until success raising up drastically. I fully trusted keep hold and more accumulate investing with Solana coins and has potential in the future break the new higher price not only stopping around $200 but also will follow BNB price.

I don't think good ideas with investing in XRP or ADA, both coins becoming stable coins and difficult raising to higher price although current bitcoin have reached new all time high price.

All the coins you have indicated have reached the maximum price and, accordingly, it is very risky to buy them. It will be less risky to make purchases of such altcoins, whose price movement is just beginning.

Am not really a fan of altcoin, I don’t really trust any altcoin, because I know altcoins really disappoint easily, so I don’t have eye on any altcoins, instead of you monitoring Altcoins when bitcoin is dumping, don’t you think you can just easily invest in bitcoin, since you already see that bitcoin is down, bitcoin is the best investment, and when bull run starts, you are going to make a very good amount of money as your profit, and you won’t be disturbed about anything happening to your investment. If it’s Altcoin investment, you won’t always have peace of mind.

If you have any coin in mind, you can post it here, am sure some people that prefers investing in altcoin will look into it, and it might be a of a great benefit to them, so just tell us coins which your eyes are wide open on, post your opinion, it’s a forum we are suppose to be sharing ideas.

Solana is a very impressive altcoin to date. Because while most of the top altcoins followed Bitcoin when it dropped yesterday, Solana is actually a little different. In fact, this coin still has an extraordinary positive trend and is experiencing significant and regular increases. It's truly impressive to see how Solana has developed so far.

Not only is their focus on the development of SOL prices, but also the development of the projects they are building and developing. Ah, it's a shame that Solana is so special, because they not only offer a fairly competitive blockchain, but also several other products that can certainly support Solana into a very solid and significant ecosystem.

So, indeed this time. In my opinion, Solana is a no-brainer. Meanwhile for others, top altcoins could be an option, the main ones are still ETH, BNB, Matic, XRP or ADA.

You've to know that trading isn't the same thing as investing or hodling. Traders won't concern themselves so much with the utilities of tokens in as much as they can mirror them through the compasses of their indicators and know where to go in or out but investors do. Now that we're clear on that, and considering your question on what altcoins to buy, I believe it would've been easier if you told us what alts you're considering so the community can jointly look at them. Otherwise, you will have members shill whatever tokens they're hodling to you.

Yes, feel free to say it (them) here. It's a better to guarding you.

the only thing that I will tell you concerning sub Bitcoin officially known as altcoins is that each investment you have to make a proper research a concerning such particular altcoin that you want to invest on because so many of them black a potentiality that is why it is advisable to look for altcoin that is very productive that have a good recommendation to invest on and if I should advise you to invest in Bitcoin I would likely introduce you to ethereum which is one of the branches of altcoin that they have a good potential and since it existence it has never loss a potentiality. So many coins you can invest on but the thing is that you have to make a proper research on each of the coins that you want to invest on so that you will have the full confidence to invest on them and they will not disappoint you in future.

do you know one of the reasons why some people make a mistake during the time of their investment in any coin is that the faith will make a or carry out a proper research or investigation on any coin they want to invest on it seems that they do value all the new coins that does not have a good representative or a good potential that is why sometimes to blame people because of wrong choice of investment so from my own perspective it is good to carry out a research function before investing in any coin.

do you know that the more bitcoin is having positivity in the market more altcoins is having a positive in the market also so recommending altcoin to someone supposed to be at a point whereby Bitcoin is on bearish because any altcoin that survive bearish time of Bitcoin may have a good potential it is obvious that solana having experiencing a good increase as Bitcoin is getting a good shape of increment so there is every tendency that any other coin might increase or show a positive as soon as bitcoin price Cross 80,000 in value

Well said as all the Altcoins will look good at this moment since Bitcoin is at uptrend and honestly even I am bit skeptical to invest into even the major Altcoins now the market has been fluctuating last few days hence sticking to Bitcoin at the moment, but if we need huge profits then we have to take risk and invest into Altcoins but we need to make sure we set SL in place. I think SOL and ETH kind of stabilized we need to figure out the new break out Altcoins in order for some good gain.

Currently, all coins are moving along with bitcoin but if you choose altcoins for investment then I think you can invest in some good coins like Solana, BNB, ETH, MKR. But you must invest at your own risk and invest with the amount of money you can afford to lose. And we know trading is always a risky business, so you always start trading here at your own risk. Many times it is seen that many signals are given for trading in different telegram groups, but if you notice them then you may face fraud many times. So you need to take the help of a good experienced trader so that you don't face losses while trading.

There are many good altcoins today, and I notice that altcoins are also the ones under Depin, Solana, and layer 2. It is up to you which of those you want to hold for this
bull run that you will take profit from.

Just search on Google for what I mentioned. After all, you are asking for as many cryptocurrencies as can actually give you a profit; maybe it depends on the instinct that enters your mind.

What do you think about Solana if it is used as an altcoin to hope for more price spikes if you can't reach Ethereum.
At least 3 altcoins that you can consider for preparation if you read the current market situation. Solana, Ethereum and BNB. Ripple (XRP) is also worth including on the list of altcoins to consider in my opinion.

Oh yeah. It is not yet certain how high coin prices will reach, including Bitcoin. Everything is still approximate even after the halving. OP. Instead of thinking about altcoins, Bitcoin is more certain.