Topic: How about investing into altcoins? (Read 2564 times)
I knew Cryptocurrencies since 2014 when the price of Bitcoin Drops was significant, at that time many TVs like Bloomberg, CNN and so on that reported bad things about cryptocurrencies, but this made me interested in knowing and having investing altcoins like Doge, Dash, Monero and so on.
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
NFTs still need to undergo a lot of development and polishments since most NFT projects have failed and only a few of them are now trying to survive yet still having a hard time dealing with the bearish season. I think NFTs still need to prove a lot when they recover in the future. NFT investors have switched to altcoin investment again so they have to regain their trust. Top coins will always be the best choice when it comes to investment.
Investing altcoins is a very fun thing, there is always the potential for coins to skyrocket so I always make altcoins the biggest asset compared to bitcoin, the old coins keep improving and every day at least 15 new coins appear.
the fluctuation that it have indeed could make it very interesting investments even though there's big chance that your investments will just turns into massive disappointment, at least there's higher chance of making the investments become huge just by investing very few dollars, so I guess it's worth the risk due to the investment potential.Yes, right, as investors we must understand and be able to make risks when investing, don't just think of profit because the market is difficult to guess and sometimes the bearish market can occur up to 2 or 3 years.
you better be checking projects that bring the technology to us
point network is one of them, I'm impressed with their roadmap
I don't see any good in that Point network project but pure shilling and promises , What is the Point in there? point network is one of them, I'm impressed with their roadmap
would suggest anyone to keep distance from this or you will end up losing your funds.
investing in altcoins for now in my opinion is very suitable,
because most altcoin prices are currently at the bottom and have fallen by almost -95% of their ATH,
of course this is a good opportunity if you want to buy altcoins at low prices, don't miss it!
but consider Bitcoin as always mate, because indeed that altcoin is cheaper now yet Bitcoin is also cheap compared to the price in the ATH that would be broken again in the coming years.because most altcoin prices are currently at the bottom and have fallen by almost -95% of their ATH,
of course this is a good opportunity if you want to buy altcoins at low prices, don't miss it!
Investing in altcoins is something that can make us big profits or vice versa, what happened with the LUNA case will certainly be hard for me to forget, I lost a lot of money in a short time, and now I'm trying to find altcoins that I will hold for the long term.
isn't Greed that made you lose from that scam project ? when you wait for so much profit and ended up opposite side ? Investing in altcoins is a very good thing but we have to understand the risks, if we are new then investing in the top 30 is a better thing, don't be surprised if there are high price fluctuations because cryptocurrencies are purely decentralized.
Yes altcoins are always a safer choice than investing in meme coins,but indeed we must continue to do research and analysis first because it becomes an important part,
Top altcoins like BNB and Ethereum are great for long term investments
Investing in altcoins is something that can make us big profits or vice versa, what happened with the LUNA case will certainly be hard for me to forget, I lost a lot of money in a short time, and now I'm trying to find altcoins that I will hold for the long term.
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
I really don't understand people who buy NFT images and think they will earn a lot of profit in the future just like what happened before. I would prefer to buy altcoins that have the potential to increase their value in the future and hold them for a very long time.
But even though NFTs are not really trending as of today, there are still people who buy a pricy image file and the luck is on the seller.
Investing in altcoins is a very good thing but we have to understand the risks, if we are new then investing in the top 30 is a better thing, don't be surprised if there are high price fluctuations because cryptocurrencies are purely decentralized.
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
To get profit in investment, we don't have to always focus on btc only. Because options other than btc still exist such as eth and Bsc that can give us profits, both in the short term and also in long term investments.
BTC and ETH have such large marketcaps that they will likely not make normal people wealthy. You are better off investing in microcaps like DRC and 0xMR or in newly launched projects like Aptos and MAXX finance.
To get profit in investment, we don't have to always focus on btc only. Because options other than btc still exist such as eth and Bsc that can give us profits, both in the short term and also in long term investments.
As the word altcoin is only a stepping stone to reach bitcoin.
What do you mean? Do you mean we invest in altcoins to get money for buying Bitcoin? I don't understand, bro.What's more, new altcoins are still popping up with various products and features.
I think we have too many altcoins. Although they have varied products, it doesn't guarantee to survive a long time. Too many new altcoins only exist for a few months. Then, they disappear because of less interest of people to buy the altcoins. I see many of new altcoins are delisted on the exchanges during this year.For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
Yes, BNB and ETH are the most recommended altcoins to invest in. But we must be smart to choose the right time to buy them. Just wait for a huge dump during this bearish season to buy them, it is absolutely the right way to gain good profits.
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
Yeah, when it was around 2016-2017, there have been a huge success for the ICO investing and almost every altcoin is bound to succeed. It did somehow happen last year when meme coins and many altcoins became a huge success too. But it's not going to be there at most times, as you have said, scams are still there and they were never gone. If you have found yourself sitting with altcoins and then making money from there, it's your best choice but having and being in bitcoin still is one of the best choice even if you're into altcoins. 
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
It's time to invest in altcoins now!. because on Binance altcoins are really showing strong bullishness, you can see a 50% - 300% increase on binance,
if you miss PHA, LTO or ACH I think there are still potential altcoins like MOVR, POLS and FORTH, don't miss it again, buy and hold for short term.
if you miss PHA, LTO or ACH I think there are still potential altcoins like MOVR, POLS and FORTH, don't miss it again, buy and hold for short term.
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
That has all changed and we can see investing in top altcoins like Ethereum and BNB will be profitable,how do those who chant Ethereum as a scam coin and realize that Ethereum is currently the top altcoin,
immediately add these two coins in your portfolio
In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
Altcoins are more risk more reward. In the early of stages there weren't many options and BTC was a lower market cap and had high returns so there was no reason to risk investin in altcoins. Also the technology had not progressed much back then and there was no reason to invest in something with higher risk but using the same tech as bitcoin. Now bitcoin is considered obsolte because it cannot scale and has no smart contract functionality. Whales who invested early in bitcoin use their funds to promote bitcoin in the media and slander altcoins but you can't stop the advancement of technology. Altcoins now produce higher returns than bitcoin and make much better investments, particularly if you have less money to invest and are looking for higher returns. I'm currently looking to invest in some new projects launching now, namely Lamina1, MAXX finance, and SUI. This next generation of cryptos are a major step up technology wise compared to Ethereum and Litecoin.
Investing Altcoins is a very good thing because of the potential for big profits rather than bitcoin, but the thing we have to do is always monitor market conditions or prices so that when there are big problems like Luna then we can immediately take action.
Investing altcoins is a very fun thing, there is always the potential for coins to skyrocket so I always make altcoins the biggest asset compared to bitcoin, the old coins keep improving and every day at least 15 new coins appear.
First you do your own research and then invest in altcoins. Every new altcoins don't have potential and go to moon. It is too risky to invest in these altcoins. Best choice to invest in top altcoins like BTC, BNB, ETH etc in these altcoins risk is almost zero
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