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Topic: buying alt coins (Read 884 times)

sr. member
Activity: 476
Merit: 250
November 24, 2017, 04:04:31 PM
#46
I'm sorry guys but I don't agree at all, except if there is a fork announcement, but otherwise when bitcoin increases the altcoins too, at least mine, either everything is green or everything is red, and yet I have more than 12 altcoins.  Roll Eyes

I have to agree with this one. Only the shitcoins don't grow along nor gain any value.
member
Activity: 322
Merit: 10
November 24, 2017, 03:59:03 PM
#45
Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.

rising of btc and eth prices does not effect on other altcoins. altcoins itself having their marketcap.
newbie
Activity: 36
Merit: 0
November 24, 2017, 03:03:58 PM
#44
I'm sorry guys but I don't agree at all, except if there is a fork announcement, but otherwise when bitcoin increases the altcoins too, at least mine, either everything is green or everything is red, and yet I have more than 12 altcoins.  Roll Eyes
newbie
Activity: 28
Merit: 0
November 22, 2017, 06:04:08 PM
#43
Most of altcoins was created for drainage your pockets. Think about it, when you see ,,undervalued`` alt.
sr. member
Activity: 654
Merit: 250
November 22, 2017, 05:18:20 PM
#42
Soon we will see a lot of pain from alt holders.

Because there are loads of scams out there issuing tokens and worthless coins.

Boobs and greedy ones jumping at them because they see them as cheap.

In my opinion, investing in Altcoin is a good investment for the future. If I have to be honest myself doing so and count on big profits in the future.
sr. member
Activity: 958
Merit: 256
Betking.io - Best Bitcoin Casino
November 22, 2017, 10:46:05 AM
#41
What is interesting in the altcoins is its volatility, and much more than bitcoin.

For me 75% of my cryptos are altcoins, the rest is BTC, and generally I earn more with my altcoins but you have to choose them well, and have a little luck too!  Grin



It is very good way, when we buy altcoins when they are in blood we can earn more than in bitcoin investing less money
member
Activity: 187
Merit: 10
November 22, 2017, 09:21:30 AM
#40
Soon we will see a lot of pain from alt holders.

Because there are loads of scams out there issuing tokens and worthless coins.

Boobs and greedy ones jumping at them because they see them as cheap.
member
Activity: 187
Merit: 10
November 22, 2017, 09:20:05 AM
#39
Hello. Note that there are only few stable altcoins when btc is increasing. Those altcoins are already established and the progress are keep going, if you choose to invest in alts, then choose them. Anyways, most of the time as the btc increases the value of alts are going opposite ways but no worries, altcoins will gonna regain their spot, specially if they are really promising projects.

You made a very good point. One of the best things to do is to research a few coins. Pen down about 5 and watch their prices.

As you said, AltCoins often go in opposite direction of BTC, so one should wait for BTC to go up, and buy the selected coins especially the ones that are going down.

The key here is volume, AltCoins are often sold in cents so, to make tangible profits if you're trading, buy a good volume. Factor in your transaction fees for buying and possible selling, if you won't be holding for long.
newbie
Activity: 28
Merit: 0
November 20, 2017, 12:16:33 PM
#38
Soon we will see a lot of pain from alt holders.
hero member
Activity: 840
Merit: 501
November 20, 2017, 10:02:13 AM
#37
Of course you will need to pay attention to the price, if the bitcoin price is low you can buy more alt coin that you want, usually when the bitcoin price go up the alt coin price will go down, but in some case when bitcoin goes up the alt coin will follow
member
Activity: 171
Merit: 10
November 20, 2017, 09:11:56 AM
#36
Hello. Note that there are only few stable altcoins when btc is increasing. Those altcoins are already established and the progress are keep going, if you choose to invest in alts, then choose them. Anyways, most of the time as the btc increases the value of alts are going opposite ways but no worries, altcoins will gonna regain their spot, specially if they are really promising projects.
newbie
Activity: 36
Merit: 0
November 20, 2017, 09:05:34 AM
#35
BTC goes up ---> alts go down.
BTC goes down ---> alts go down.
BTC goes sideways ---> alts go up.

At least that's how it's been for most of 2017.


Not agree, the altcoins exploded in 2017, just like bitcoin!
member
Activity: 588
Merit: 11
November 20, 2017, 08:16:14 AM
#34
Altcoins are cheaper to buy than the bitcoin and many of them might go up to seek a new level.
member
Activity: 140
Merit: 10
November 20, 2017, 08:08:02 AM
#33
follow and keep stay the developer, when there are developments announced by the developer usually altcoin prices will rise, but indeterminate, the market volume also determines the price
what if there no announcement from the developer?
newbie
Activity: 18
Merit: 0
November 20, 2017, 06:08:37 AM
#32
follow and keep stay the developer, when there are developments announced by the developer usually altcoin prices will rise, but indeterminate, the market volume also determines the price
member
Activity: 476
Merit: 12
November 20, 2017, 05:58:07 AM
#31
Hi,

When buying altcoins, i understand that we typically need to use BTC or ETH to purchase. So we will need to buy BTC or ETH first and then use it to buy altcoins. The thing is do we need to care about the price of BTC or ETH whether they are rising or falling? How will it impact the altcoin purchase?
Thanks.


If BTC goes up ALT goes down. Study the market flow theres no fixed price. Everything changes in 24hours. But its better to invest on altcoins specially ETH. Sooner or later it might be the ALT leader but not to the point that it will dominate the BTC. You should buy ALT that you might think low prices today but again, you need to study the flow. Try to predict the market and price flow. 24hours can change the value of an ALT. I suggest you dig deep about the ALT you decided to buy so that youll have infos.
MP4
member
Activity: 84
Merit: 10
November 20, 2017, 05:50:27 AM
#30
Yes but whatever happens, the price is unpredictable, there are too many factors, the human factor being the least predictable of all ...

Maybe we will all become "rich", or maybe not!  Tongue

Yes that"s right. Nobody knows the future. Some said this gonna be fail, cuz it"s just a bubble, but thats almost normal in this system like in FX. I think that is open source in new tehnology and some people will miss the opportunity making easy money. On the other hand, many altcoins are gonna fail and many of people will lose a lot of money and trust.
MP4
member
Activity: 84
Merit: 10
November 20, 2017, 05:42:45 AM
#29
I've been thinking about the same thing lately. BTC and ETH are becoming huge thanks to these small alt-coins that should actually become "competition". How interesting would it be for ICOs to work differently, not having to go through BTC-ETH
Others altcoins are trying the same way, like BTC and ETH cuz it would be much easier to withdraw/deposit in Fiat currency translate tokens directly to altcoin. But fees are gonna be much bigger as you make transaction with BTC and ETH.
sr. member
Activity: 364
Merit: 253
November 20, 2017, 03:40:50 AM
#28
I'm usually purchase altcoin from local exchanger, IMO every country have their own trusted exchanger and I've been with them without occur any problem.

But remember , cryptocurrency investment is risky trading so trade only with you can afford to loss only
newbie
Activity: 56
Merit: 0
November 20, 2017, 01:54:14 AM
#27
BTC goes up ---> alts go down.
BTC goes down ---> alts go down.
BTC goes sideways ---> alts go up.

At least that's how it's been for most of 2017.
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