Altcoins is a general name for every alternate crypto currencies, so to be honest, you do not need to trust or have confidence in altcoins.
You need to have ample options out of all altcoins that you trust and have confidence in.
more importantly, the manner at which you have your source to have the confidence is important, do you dyor or wait for analyst?
Are your facts well researched?
Topic: Hello everyone! Do you still have confidence in altcoin? - page 16. (Read 17659 times)
I find it hard to trust altcoins, it's better not to jump into any new altcoins until several months or years, if you have any project in mind pls think twice and give it time, nowadays new projects hardly make it past two years or three and collapsed.... Top altcoins all the way if you think you really need one in your portfolio fast.
That is what I noticed too most of the new projects that just came out never made to to atleast 5 or more years in the market. They eventually ended up being stagnant or completely dead. I think devs are having a hard time getting any helps(funding, partnerships, or anything to keep the project going).
I find it hard to trust altcoins, it's better not to jump into any new altcoins until several months or years, if you have any project in mind pls think twice and give it time, nowadays new projects hardly make it past two years or three and collapsed.... Top altcoins all the way if you think you really need one in your portfolio fast.
for most altcoins, the prices are affected by BTC price and dominance. Right now, BTC dominance is still high but few weeks back some altcoins have been showing some good signs and are going up price wise.
I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
if you think that altcoin has a price movement that follows the price movements of bitcoin then this moment should be a very appropriate choice to buy altcoin in very large numbers because the price is still cheap and has the potential to benefit when the price rises.I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
if you think that altcoin has a price movement that follows the price movements of bitcoin then this moment should be a very appropriate choice to buy altcoin in very large numbers because the price is still cheap and has the potential to benefit when the price rises.
It is not necessary that the altcoin prices would always follow the Bitcoin exchange rates. If that was the case, then the market share of Bitcoin would have remained constant. But during the last 12 months or so, the Bitcoin dominance has increased by at least 20%. So right now the trend is not in favor of altcoins. Bitcoin is having the momentum now, and the alts may witness further erosion in their respective market shares.
1. I guess now the technology is getting ahead and a lot of online shopping by using crypto media payment transactions. Such as deposits on online gambling, buying clothes, and pants online. Or pay bills.
2. Bitcoin becomes a top choice for me. Bitcoin is the first crypto coin and until now the coin continues to evolve. And very easy to use.
3. Probably many altcoins are collapsing. This is a good move to buy Altcoin. But for me is buying an Altcoin that is in the top 10 CMC.
4. The coins that appeal to the user are the top coins like Ethereum.
2. Bitcoin becomes a top choice for me. Bitcoin is the first crypto coin and until now the coin continues to evolve. And very easy to use.
3. Probably many altcoins are collapsing. This is a good move to buy Altcoin. But for me is buying an Altcoin that is in the top 10 CMC.
4. The coins that appeal to the user are the top coins like Ethereum.
for most altcoins, the prices are affected by BTC price and dominance. Right now, BTC dominance is still high but few weeks back some altcoins have been showing some good signs and are going up price wise.
I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
if you think that altcoin has a price movement that follows the price movements of bitcoin then this moment should be a very appropriate choice to buy altcoin in very large numbers because the price is still cheap and has the potential to benefit when the price rises. I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
for most altcoins, the prices are affected by BTC price and dominance. Right now, BTC dominance is still high but few weeks back some altcoins have been showing some good signs and are going up price wise.
I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
I think if we are to invest in altcoins, we better look into the team and development of the project. Usecase and uniqueness is sometime I always consider too.
Also, team matters to me, if they are always active then my confidence grows.
One day I hope the time of altcoins will come again, as it was a couple of years ago. All markets are cyclic. The question is will we wait for this. Personally, I still believe
It can happen again but it won't be the same as if it's also bringing up other altcoins that are totally dead. But it's also better you shouldn't hope that much with it.Don't you have bitcoin investments that you can learn as you're hoping for altcoins as well? diversifying is a good thing.
One day I hope the time of altcoins will come again, as it was a couple of years ago. All markets are cyclic. The question is will we wait for this. Personally, I still believe
I do have confidence left in altcoins but I'm now smart enough to only hold 10% fund in altcoins and 90% fund in Bitcoin because let's be honest altcoin knows how to disappoints, having only 10% of funds in altcoin kinda give me ease of mind, that's the risk I can afford to take
Very extraordinary, but everyone has their own thoughts in putting their funds into both Altcoin and Bitcoin, just to minimize the risks that are not good, then it is better to put in Bitcoin more than Altcoin. 
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
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
i never lose confidence for 'Selected ' altcoins such as those who is in my Portfolio because i still believe that in time they will bring me Good enough profit like what i had in 2019 september.
But of course only few of them because most are shits that uses for pump and dump or just dying after being listed in exchanges.
I will answer each of your questions and you can use it to do general psychological surveys.
1. I will never use crypto to pay because I always consider it a speculative asset instead of using it as a currency.
2. If I had to use crypto to pay, I would use USDT because I don't want my wallet to be volatile every second!
3. This is an opportunity to buy alts with low marketcap. When the influence of bitcoin halving comes, it will also be the season of small alts.
4. Currently, I see many startups use blockchain technology but businesses outside need not use it. so I think it would be better if it were a housing or medical service.
1. I will never use crypto to pay because I always consider it a speculative asset instead of using it as a currency.
2. If I had to use crypto to pay, I would use USDT because I don't want my wallet to be volatile every second!
3. This is an opportunity to buy alts with low marketcap. When the influence of bitcoin halving comes, it will also be the season of small alts.
4. Currently, I see many startups use blockchain technology but businesses outside need not use it. so I think it would be better if it were a housing or medical service.
However, investing in new project brings us the chance to double or triple our investment. The only thing that you can do is to learn how to do good research about the project that you're in. Also, tracking its roadmap and finally you just need a little bit of luck lol!
LOL, It looks like you already have a lot of experience in investing, because it's very easy to say that "track the road map and finally you just need a little luck". I have seen projects that run smoothly and all their road maps are well resolved, but the tokens that they gave birth through the project also have no interest at all and even the value continues to fall in the market, is this also included as luck? LOL
I do have confidence left in altcoins but I'm now smart enough to only hold 10% fund in altcoins and 90% fund in Bitcoin because let's be honest altcoin knows how to disappoints, having only 10% of funds in altcoin kinda give me ease of mind, that's the risk I can afford to take
Altcoin time will come again but not anytime soon, every single one of those altcoins depends on Bitcoin to bring massive gains and Bitcoin isn't ready for a new bullrun yet, it's better to hold on to your altcoins for now, the patience dog will end up eating the fattest bone
altcoin season will definitely come this year, it's just that we don't know which altcoin will pump very high. I estimate that the altcoin that will pump high is ethereum. so far, I have kept ethereum until the price is above $ 400. I might think about the next step after that.
Altcoin time will come again but not anytime soon, every single one of those altcoins depends on Bitcoin to bring massive gains and Bitcoin isn't ready for a new bullrun yet, it's better to hold on to your altcoins for now, the patience dog will end up eating the fattest bone
Getting tired of altcoins already, my confidence in altcoins are washing away, whenever I go back into my portfolio my mind is always in fear, fear of loss because most of the altcoins I hold aren't doing so well, I sold what I could for Bitcoin but I don't have the guy to sell all my altcoins because it will be a huge loss for me
Investing in new altcoins IEO launchpad is the only way of making profits faster from altcoin nowadays, I'm not in for long term hold unless the Altcoin is top ten, I can take risks with top 100 altcoins but I'm not up for that yet, not until I have money I can afford to lose, for now I only have confidence on Bitcoin and few top 10 altcoins
investing in a new project means that you are ready to lose a lot of money, it's better to invest the money we have in those who already have a product on the market
That's right, investing in a new project is very risky, because they don't have a clear product on the market, so the potential for losing money is still very open, and if it's optional it's still good to invest the money we have in those who already have a product in market.Jump to: