How Confident Are you With Altcoin In This Time

Sophokles

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Quote from: Makus on December 16, 2023, 08:18:34 AM

For sure altcoins are know to be profit worthy when it comes to holding this is because of their volatility some altcoins tend to be very volatile, which makes them good for short term trade. However I don't do altcoins because I am satisfied with Bitcoin, the risk associated with altcoin is nothing compared to Bitcoin, as we can tell from project in which many adores but at the end, they turned out to be a shitcoin or a scam project. This generation investor believe in trend and that trend can make you regret for the rest of your life.

Most of the altcoin are volatile expect stablecoin and none of them aren't good for long term investment except a few major ones. If i am holding any altcoin then it will be until the next bull season. The plan is to take profit in the next bull season and find new altcoins for the next bull season. This method is only for altcoin investment but for bitcoin and ETH they will be in numbers one and two. One thing i understand from the altcoin market is investors chase trending projects in this industry and those are the places to make money in the short term.

Fredomago

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Quote from: Makus on December 16, 2023, 08:18:34 AM

For sure altcoins are know to be profit worthy when it comes to holding this is because of their volatility some altcoins tend to be very volatile, which makes them good for short term trade. However I don't do altcoins because I am satisfied with Bitcoin, the risk associated with altcoin is nothing compared to Bitcoin, as we can tell from project in which many adores but at the end, they turned out to be a shitcoin or a scam project. This generation investor believe in trend and that trend can make you regret for the rest of your life.

Long term holding, Bitcoin still the safe place for investors who don't want to take a big risk and have that enough patience to keep holding while waiting for the target value before they sell out their holdings, alt coins in the other hand, is a good alternative if you want to play with the market in a much shorter time frame.

Mostly use by traders who want a quick result after putting their money inside crypto market, not as secure and there are many factors to consider but with good DYOR there's always a big opportunities to earn a lot.

2Pizza410000BTC

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Although I consider altcoin investing to be very risky, there are some altcoins that I consider to be profitable in the future. One of the coins that I consider to be more profitable in the future is ORDI. If this ORDI coin can be invested for long term then I think it can be very profitable in future. It is a token of the BRC20 platform. To me this ORDI coin is very important as a future profitable coin. I hope those who hold these coins will benefit greatly in the future. I bought and held some coins myself but I have been in profit ever since I held.

Makus

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For sure altcoins are know to be profit worthy when it comes to holding this is because of their volatility some altcoins tend to be very volatile, which makes them good for short term trade. However I don't do altcoins because I am satisfied with Bitcoin, the risk associated with altcoin is nothing compared to Bitcoin, as we can tell from project in which many adores but at the end, they turned out to be a shitcoin or a scam project. This generation investor believe in trend and that trend can make you regret for the rest of your life.

Y3shot

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Like you already stated over the years many people have lose their investment to altcoins, I think because of the standards and reputation altcoins have set over the years reasonable investors won't have much confidence to invest in altcoins. The only altcoin I consider that I can hodl for the future is ethereum, is the only altcoin I feel it is doing better in the market and ethereum has a good reputation in the market better than other altcoins.

Dr.Bitcoin_Strange

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Quote from: Samlucky O on December 14, 2023, 09:43:19 PM

I don't really think I am comfortable with altcoins, because of its low potential. Though altcoin has classification but maybe what I mean I shitcoins. Because there is no need generalizing all altcoin, which we know that there are certain altcoin with high potential like etherium and BNB and other crypto currencies.

There are a lot of Shitcoins out there compared to the only few coins whose values are a bit more positive, like etherium and BNB, but can we also imagine what the fate of those coins could be in the future? In the past, there were altcoins, which some people thought would never be dumped and were worthless, but today we can see any of those coins on any exchange. Because of how high the value and price of Bitcoin have become, the government is looking for ways to be in charge, but what if, in the future, BNB or etherium is now around $100k? The government can easily go and knock on the door or the BNB developer, just as for etherium.

peter0425

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Quote from: arufox on December 09, 2023, 03:13:46 PM

Quote from: Gladitorcomeback on July 02, 2023, 02:12:20 PM

Quote from: arufox on July 01, 2023, 01:40:22 PM

Indeed, besides BNB and ETH, there are several other coins that are also good and worth investing in, such as MATIC. However, on average other coins do not have the same increase in demand as BNB and ETH. Moreover, many newbies who invest in altcoins other than BNB and ETH get caught in losses. Therefore, if someone has doubts and is not sure about some other coins, then it is better to choose investments in BNB, ETH, and MATIC which have been clearly tested and have strong fundamentals that make it possible to reap large profits.

This is true that bnb and eth demand is higher than other altcoins but now strategy of Crypto investors are changed and they are looking for quick profit and you will see many meme coins outperform the market like Shib in 2021 and pepe and Floki in 2023. People are not looking for Usecase and team working procedure behind the project which cause trouble for big coins. Eth and bnb price volatility is low which can give you quick profit and newbie mostly look for quick profit so i think investing in new coins having strong utility like Arb, Apt and sui are worth to invest and will give more profit then bnb and Eth.

Thus, beginners or some investors should not think too much about quick profits if they don't understand the fundamentals and the potential for new coins or meme coins. we must be wise in analyzing a coin that we want to invest in so as not to get caught up in losses. It's better to invest in coins that have been tested and can provide benefits in the short and long term.

this means we are talking about ranking coins here because those are the only altcoins that is safe from long term and short term , Binance and Ethereum is always best option adding to our bitcoin.
this market now is shifting from bear to Bull , which means we need to admit that it will happen to bear in the coming days.
I want only safest and that is why I support your advise to invest in strong coins like top currrencies .

AnonBitCoiner

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Quote from: arufox on December 09, 2023, 03:13:46 PM

Thus, beginners or some investors should not think too much about quick profits if they don't understand the fundamentals and the potential for new coins or meme coins. we must be wise in analyzing a coin that we want to invest in so as not to get caught up in losses. It's better to invest in coins that have been tested and can provide benefits in the short and long term.

It is true that we should not be in too hurry that we makes some mistakes but it is also true that if we hold altcoins longer then they can become devalued after some years therefore quick decision is needed sometimes in a case of altcoins investment. Sometimes a person got benefit from one altcoin and other thinks that they will experience the same actions of that altcoins so this decision become risky for them.

Visualize whole history of a coin and search that on which exchange it has been listed and about the timing of listing so these are few hints which will include benefit to your investment. Keep checking on the details of Fluctuations of desired token and know about the financial gain which it provided to its holders and how many people have faced losses from selected investment.

ShinyStarPrincess

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Gaming tokens and AI can be huge also anything related to BRC-20. Multibit and its token $MUBI can be a great chance as a new dual-sided Bridge that makes this thing easier between erc-20 and brc-20. I found this gem on Bitget and if it happens the same as $SATS we can be early birds of this project now

Samlucky O

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I don't really think I am comfortable with altcoins, because of its low potential. Though altcoin has classification but maybe what I mean I shitcoins. Because there is no need generalizing all altcoin, which we know that there are certain altcoin with high potential like etherium and BNB and other crypto currencies.

Wiwo

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Quote from: Belarge on December 13, 2023, 05:39:50 PM

Quote from: arufox on December 09, 2023, 03:13:46 PM

Thus, beginners or some investors should not think too much about quick profits if they don't understand the fundamentals and the potential for new coins or meme coins. we must be wise in analyzing a coin that we want to invest in so as not to get caught up in losses. It's better to invest in coins that have been tested and can provide benefits in the short and long term.

Good decisions will make us smile at last. We can only enjoy profits whenever we're able to spot good projects in the system. Beginners are new in the system and totally understands how to connects with the flow of the system. The market comprises of numerous projects that some survived and some don't. We are able to spot out longterm and shorterm projects in the market. My confident in altcoins is 100% because there are coins in the space that do triggers hugh pumps and dumps, also there are projects that don't stand solid in the market.

Long-term perspective is one major ingredient for a good project to be considered for investment, this is why many of us pay more attention to Bitcoin other than the other coins that we have in the market today, for sure some projects may promise to give 10x or more within a certain period, but this coins have failed in several times and have become among the dead coins that we have around and even the few performed well for a while, also experience some market crash that their have been unable to recover from up until now, and that the difference between those coins and Bitcoin.

Because Bitcoin has been able to recover from any time its price witnessed significant losses, and Bitcoin has never slides to the position of being called a crash market but rather just some few price drop that will recover back in the long run.

Altcoin should be considered only for short-term speculation and also a form of gambling, because only a few of them can actually survive through the market crisis for a long period and finding those legit ones is very hard a task for anyone who wants to consider altcoins as investment.

Fredomago

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Quote from: LesterD on December 14, 2023, 06:53:47 AM

Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Of course, I have a few altcoins that I have my eyes on. There are a lot of altcoins that seems to be sleeping giant that will make noise once it starts moving soon. Those are the altcoins that I started to accumulate right now. Regarding my confidence level, I don't know how to measure my confidence in those altcoins, but all I know is that those altcoins can give a large multiplier if the bull run starts.

It will when the right time comes, we all know that bull season can pump the market hugely and with the amount of trust we have with assets that we are holding that hope inside us will give that level of confidence to continue holding, though it is not easy since the market is playing and if you don't have that trust you can breakout and quickly sell all your holdings.

It's more on how you deal with your research and how confident you are when trusting your instinct after buying the coin that you hold.

LesterD

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

Of course, I have a few altcoins that I have my eyes on. There are a lot of altcoins that seems to be sleeping giant that will make noise once it starts moving soon. Those are the altcoins that I started to accumulate right now. Regarding my confidence level, I don't know how to measure my confidence in those altcoins, but all I know is that those altcoins can give a large multiplier if the bull run starts.

Essential10

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Overall, I have growing faith in the potential of altcoins, but I also recognize the risks involved. That's why I'm focusing on a few altcoins for now, and keeping a close eye on the market for any potential opportunities with altcoins. Some altcoins that I think are good to hold long-term include Ethereum, Cardano, and Polkadot. They have shown strong potential and I think there is a potential in the future as well. I'm especially paying attention to Ethereum, which has pumped up a lot at the moment. These are my personal decisions or opinions. Anyone should exercise their own discretion and caution when investing in altcoins.

Kavelj22

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Quote from: Belarge on December 13, 2023, 05:39:50 PM

Good decisions will make us smile at last. We can only enjoy profits whenever we're able to spot good projects in the system. Beginners are new in the system and totally understands how to connects with the flow of the system. The market comprises of numerous projects that some survived and some don't. We are able to spot out longterm and shorterm projects in the market. My confident in altcoins is 100% because there are coins in the space that do triggers hugh pumps and dumps, also there are projects that doesn't stand solid in the market.

I share your confidence in altcoins because they have the potential to experience significant price fluctuations, but it's also crucial to acknowledge that not all projects possess a solid foundation. Well done on grasping these concepts

Your understanding of the crypto market is commendable! Profits come to those who can identify promising projects within the system. Beginners may find it challenging to navigate the market's complexities and trends. It's important to recognize that the market is filled with numerous projects, some of which thrive while others falter. By distinguishing long-term and short-term projects, we can make informed decisions.

Belarge

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Quote from: arufox on December 09, 2023, 03:13:46 PM

Thus, beginners or some investors should not think too much about quick profits if they don't understand the fundamentals and the potential for new coins or meme coins. we must be wise in analyzing a coin that we want to invest in so as not to get caught up in losses. It's better to invest in coins that have been tested and can provide benefits in the short and long term.

Good decisions will make us smile at last. We can only enjoy profits whenever we're able to spot good projects in the system. Beginners are new in the system and totally understands how to connects with the flow of the system. The market comprises of numerous projects that some survived and some don't. We are able to spot out longterm and shorterm projects in the market. My confident in altcoins is 100% because there are coins in the space that do triggers hugh pumps and dumps, also there are projects that doesn't stand solid in the market.

arufox

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Quote from: Gladitorcomeback on July 02, 2023, 02:12:20 PM

Quote from: arufox on July 01, 2023, 01:40:22 PM

Indeed, besides BNB and ETH, there are several other coins that are also good and worth investing in, such as MATIC. However, on average other coins do not have the same increase in demand as BNB and ETH. Moreover, many newbies who invest in altcoins other than BNB and ETH get caught in losses. Therefore, if someone has doubts and is not sure about some other coins, then it is better to choose investments in BNB, ETH, and MATIC which have been clearly tested and have strong fundamentals that make it possible to reap large profits.

This is true that bnb and eth demand is higher than other altcoins but now strategy of Crypto investors are changed and they are looking for quick profit and you will see many meme coins outperform the market like Shib in 2021 and pepe and Floki in 2023. People are not looking for Usecase and team working procedure behind the project which cause trouble for big coins. Eth and bnb price volatility is low which can give you quick profit and newbie mostly look for quick profit so i think investing in new coins having strong utility like Arb, Apt and sui are worth to invest and will give more profit then bnb and Eth.

Thus, beginners or some investors should not think too much about quick profits if they don't understand the fundamentals and the potential for new coins or meme coins. we must be wise in analyzing a coin that we want to invest in so as not to get caught up in losses. It's better to invest in coins that have been tested and can provide benefits in the short and long term.

gabbie2010

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Quote from: Wiwo on April 30, 2023, 03:50:18 PM

Quite a lot have happened in the crypto investment market with the long run of a bear market in 2022, as a result of the various market crisis ranging from ftx bankruptcy and Luna crash that affect the market for a long time, before the present recovery, many crypto analysts such as myself are confused as for what the level of confidence of investors towards altcoins in this period. Do you consider any altcoin to be pf future profiting, if yes then what is the percentage calculation of your confidence level in that coin and why should we hold them for a long-term basis?

I believe the upcoming halving of Bitcoin next year would also have a positive impact on the prices of altcoins thus I am having a full confidence of some altcoins to also trend upward and pump as well taking a look of the past history of the price of Bitcoin whenever it reach an ATM many altcoins would also enjoy a massive pump in price I think the price history would repeat itself again, however investors of altcoins would have to research on the credible and trusted altcoins to invest in though it's seem the prices of most altcoins are trending upward now after the price of Bitcoin resume it bullish sentiment

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Quote from: batang_bitcoin on November 27, 2023, 01:15:12 PM

Only a few altcoin that I consider good for long term holding. I've got confidence on them because I have made a profit out of them and that's why I am still holding them waiting for another batch of time for me to make money again from them.
Not all altcoins that we hold will become profitable, it's like a gamble that we will never know the unknown altcoins that we hold will pump sometime in the future but treat them, as if that they're not going to grow so the money you put there is considered a loss and won't give you a lot of expectation.

in time like this when many altcoins are actually gaining increase, I think you would better off investing in altcoin arond the top 200 because they don't just vanish into thin air like the thing you described instead they are just gonna be rallying until it reached near all time high because there are many whales that try to pump the coins.
honestly speaking, at time like this investing on those random altcoin doesn't seem to be beneficial.
the main reason is because the whales and most of investors are putting their money into top 200 altcoins and not bother with some random altcoin since these shitcoin are mostly just created for luring people into becoming exit liquidity meanwhile the top 200 coins are coin with fundamental and utility.

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Quote from: Fredomago on November 25, 2023, 08:14:12 AM

You need to assess and it just blindly place your investment, it's true that through time bitcoin still shows as good investment for people who can wait and hold till they reach the target, while in terms of alt/s aside from ETH, BNB also show that same movements each time bitcoin make his rally, you just need to make sure that you do your own research before taking part of any investment either bitcoin or altcoin, crypto investments always have risk that you need to address to avoid making mistakes and lose your money.

You really have to think about the risks of investing in crypto, especially if you enter altcoins. In my opinion, blind investment is just entering altcoins without any research and these altcoins still don't have good development and don't have a convincing history like top altcoins like ETH and BNB. The same movement will indeed occur in each cycle, but there will be changes that make a difference but are not significant enough. All investments must be thought through carefully and if it is for the long term then you need patience to achieve the desired price.

Topic: How Confident Are you With Altcoin In This Time (Read 1825 times)