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Topic: Hello everyone! Do you still have confidence in altcoin? - page 10. (Read 17659 times)

member
Activity: 560
Merit: 14
My confidence in altcoin is long gone. Bitcoin is my recommended assets, altcoin doesn't give me much joy investing. Am always at the loosing side each time I invested on altcoin.
Altcoin that I have in my portfolio is not giving me joy rather its making me more worried of the steady declining of their price. Am deeply saddened each time I remember my whole investment with them.
I pray the upcoming bull season will affect altcoin. If not, am at a big mess (sobs)
full member
Activity: 1148
Merit: 116
I would prefer to use coins that has lowest transaction fee and fast transfer speed, litecoin, dogecoin, ripple, metacoin and others, there are many altcoins that will survive in future no matter what but some will die unexpectedly, the best altcoin for trading is NEO, can't say for others
sr. member
Activity: 924
Merit: 275
I trade altcoins but not all of them so basically I have confidence to trade selected coins. There are people who asking me how I pick altcoins that I will trade? It is simple by validating the trend first and checking the market capitalization and the daily volume. I usually trade altcoins that are belong in top 50 market capitalization in the coinmarketcap.com because those coins can be considered as reliable and not part of those shitcoins in different market exchanges.
member
Activity: 854
Merit: 10
Of course, I still believe in altcoins in this market, but only in the top altcoins in this market such as ETH, NEO, LINK, XLM ... these are the best altcoins and products. In the future, these altcoins will continue to grow with Bitcoin and bring more profits to long-term investors
the sure thing is, I really believe in popular altcoin as mentioned. however, I do not give this trust to all types of altcoin. Well, for some new altcoins, I'm still very selective about it. however, the new altcoin is very vulnerable to scammers

The altcoins are not at the receiving end, but the investors. However, there are still very promising new altcoins. There are now many of them in the crypto market and you can easily select the good ones out of them; by their team, product, whitepaper and roadmap. Also, by ere glancing through the community of some of these projects, you would have known the outcoe.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
Of course, I still believe in altcoins in this market, but only in the top altcoins in this market such as ETH, NEO, LINK, XLM ... these are the best altcoins and products. In the future, these altcoins will continue to grow with Bitcoin and bring more profits to long-term investors
There are just a lot of altcoins and most of them are definitely useless and wasting of time. Maybe it can be the main reason for losing people their confidence in altcoins. However l still have confidence in altcoins, but not all of them as you above mentioned in top altcoins. Like BNB and ETH are always reliable by investors, no doubt they will be also the best. They are the best choices for long term investment, l think also that they will bring good profit to their investors in the future.
sr. member
Activity: 770
Merit: 278
Yes I believe in altcoin specially now many altcoins are continue on rising and they will start the bull because of the hype of the defi I just do it for scalping to gain more funds you must know how the markets play so you can join on them but still I'm loyal on bitcoin I adviced that look on some defi coin if you want an altcoin to hold.
member
Activity: 686
Merit: 15
I was giving up on altcoins until KAi and some good y DEFI tokens come into the scene. Ethereum, ADA, and some others. I have been trading altcoin and this days very profitable. This is the best time to be alive. I hope the party last.
hero member
Activity: 1778
Merit: 746
Of course, I still believe in altcoins in this market, but only in the top altcoins in this market such as ETH, NEO, LINK, XLM ... these are the best altcoins and products. In the future, these altcoins will continue to grow with Bitcoin and bring more profits to long-term investors
the sure thing is, I really believe in popular altcoin as mentioned. however, I do not give this trust to all types of altcoin. Well, for some new altcoins, I'm still very selective about it. however, the new altcoin is very vulnerable to scammers
full member
Activity: 742
Merit: 102
Second Live
Of course, I still believe in altcoins in this market, but only in the top altcoins in this market such as ETH, NEO, LINK, XLM ... these are the best altcoins and products. In the future, these altcoins will continue to grow with Bitcoin and bring more profits to long-term investors
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
Considering, the present situation of things in crypto market. One will, or may conclude that altcoin has lot of lacuna these days. But the present situation of things has a negative effect on Bitcoin and definitely on the altcoins.
I will like to share little of my experience of altcoins. Altcoins has in no small way be a blessing to me. Trading altcoins doesn't really brings in good cash like that, but it still pays alot. It made me to resign from my day job. And be a full altcoins trader.
hero member
Activity: 1974
Merit: 534
I believe in altcoins - it is like a stakes for companies, all who have stakes can influence on project! and if project is successful - everyone want to have stakes of this project!

Yeah but there are good and bad companies. It's hard to find out which company to trust in. Going for the altcoins with the biggest market cap would be one way to look for them. I still believe in alt coins but the market is huge and there have been plenty of really bad investments.

A well diversified portfolio in crypto currencies should definitely contain more than just BTC and ETH. Always good to spread out your investments.
member
Activity: 700
Merit: 12
I believe in altcoins - it is like a stakes for companies, all who have stakes can influence on project! and if project is successful - everyone want to have stakes of this project!
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
Altcoins gives more opportunities than Bitcoin in crypto space, there are more ways to make money with altcoins than Bitcoin, the only thing with Bitcoin is that it's the perfect choice for trading, you can earn altcoins by Airdrop hunting or projects promotions
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?
you don't need to be in the dark web to actually spend your cryptos, there are so many stores that accept cryptos as their payment options. if there is necessary then you are free to buy anything with cryptos

2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?
bitcoin, there is no other choice in my local stores, so i choose bitcoin for my main payment. it's easier to use and widely accepted in other countries as well besides of ethereum of course

3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?
it does but you have to picky about which one you should invest
member
Activity: 364
Merit: 10
At present, the market condition of altcoin is not very good, the exchange rate of BTC is getting lower and lower, and many altcoins have been unmaintained. Even if the development team still insists, the price is very miserable! The blow to the entire team is not small, I am afraid it is difficult to persevere. Now there are a few questions that I want to discuss with you:
1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?
2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?
3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?
4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!

Thanks all replies

For me, a lot of altcoins still have their potential in the market and we could still see a lot of altcoins in the market that have a high market where we could easily earn a profit. Investing in these altcoins might actually be more profitable when it comes to trading even compared to bitcoin. In the past year, I've been doing trading and doing my research before investing in an exchange and trade altcoins in the market could actually give you profit on a daily basis when trading altcoins for short term investments.
copper member
Activity: 798
Merit: 3
I always had faith on the cryptocurrency because it is totally a new concept of money which is going to be overally accepted world-wide in the recent future or may be in the later. Many countries are also withdrawn the ban that has imposed on it by the head bank of the country. Recently India already done this.
member
Activity: 119
Merit: 11
The best altcoins for payments should have fast transaction speed and very cheap transaction fee too, here are few good altcoins I think will fit this area

1. Litecoin
2. Ripple
3. Stellar
Doge coin will also be a great option. Its transaction speed is very fast and its fee is also very cheap. Dogecoin deserves to be one of the altcoins we can invest in and expect profits from it
Yeah, doge and other coins listed above always have their place in the market cause they are popular in every exchange but also fast. Tho, other than that, I don't think they need to be increased so high just for profit.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
Altcoin will still be a good investment option to make a profit, but to get profit, you need to choose the best altcoins and have money. I believe in altcoins but only in altcoins in the top 100 coinmarketcap, with me they are the best altcoins
full member
Activity: 504
Merit: 100
Option Blitz
Of course, I still have faith in altcoins, but I only trust top altcoins in this market and altcoins have products. Those are the best altcoins in the long run and prices will go up, don't waste your time with new altcoins because most of them are scams.
Though I agree that top altcoins can be trusted we cant generalize new coins as worthless or shitcoins because there are also hidden gem on it however its hard to spot on what could it be.

Just take time searching and dig deeper in order to find it, on the other hand if you want to be on the safe side then choose the top coins.
Yub! I still have confidence in altcoin. However, only those coins that I already did a lot of researches about! It's right to have more belief on Big coin than altcoin. Though, altcoin is the coin that can have the potential to raise double, triple or even multiple times of its original price. Investing in altcoin is risker, but, the more risks, the more profits.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
No one can predict the price of bitcoin in the future. While people are still looking forward to price increases, I believe it will continue to crash or sideway. And in order for the altcoin market to grow strongly, then Bitcoin needs to surpass its ATH and make this market excited.
Bitcoin crashes are still vulnerable but predictions for bullrun are still small because judging from the slow moving tend to dump stronger because to exceed 10,000 alone is not strong so bitcoin is still plenty of time to see high movements with altcoin following it.
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