Topic: how much you can profit from altcoins - page 4. (Read 25454 times)
The feature of the Altcoins is that they can bring you more profit with less investment. If you compare the price of bitcoin and any altcoin, it becomes obvious.
It all depends on your capabilities and aspirations. Many people try to invest in altcoins, as they can give more percent growth than Bitcoin, although I believe that bitcoin also gives a very good profit, but the plus is that It is a more stable coin.
You could easily gain x5 from each altcoin back in 2017, but right now it is getting harder and harder to get even x2. I am pretty happy with 20-30 percent from each of my investments, because you need to see the line on the falling market.
Trading in altcoin has really given me quite a huge sum of money but we ought to understand the amount of money you make investing in altcoin is really unpredictable
I would say without trading skills and experience you will most likely end up losing your investment, specially if you invest in the wrong time, 2017 was a special year for the space, but that dream is over now.
I want to make affirm this that no one can predict what anyone can make from altcoins. I think profit making rest so much on the how well the coins anyone has invested in are doing.
There is no Actual amount of profit you can make investing into altcoin , But the reason why people are choosing to invest into altcoin is that we believe that one day bitcoin will hit 200k and when bitcoin hit 200k our altcoin will also hit 1k and 2k which can help us to makes more money now that most of us are not able to purchase one full bitcoin .
Moreover altcoins have higher growth potential. Thus they are more interesting for investment than Bitcoin. But do not forget that altcoins also have much more drop potential than BTC
there really isn't any kind of limit to how much you can profit from investing in altcoins. it can be from losing 100% of your investment and going down to 0 up to millions of dollars!
it depends on a bunch of things. starting with your experience in trading and in knowing how altcoin market works conversely the pump and dumps. if you have no experience and want to randomly buy based on what others tell you and what they hype up then you will end up losing a lot of money.
then it also depends on how much you are willing to invest and take risks. obviously you can't become a millionaire investing $1 but you will be taking a much bigger risk investing a higher amount.
it depends on a bunch of things. starting with your experience in trading and in knowing how altcoin market works conversely the pump and dumps. if you have no experience and want to randomly buy based on what others tell you and what they hype up then you will end up losing a lot of money.
then it also depends on how much you are willing to invest and take risks. obviously you can't become a millionaire investing $1 but you will be taking a much bigger risk investing a higher amount.
Yes, definitely there are a lot of factors to consider. You can't tell exactly how much you can profit from a certain coin. Sometimes it is your trading strategy also. This question is very vague to start with. Every coin has their specific ups and downs.
There is no Actual amount of profit you can make investing into altcoin , But the reason why people are choosing to invest into altcoin is that we believe that one day bitcoin will hit 200k and when bitcoin hit 200k our altcoin will also hit 1k and 2k which can help us to makes more money now that most of us are not able to purchase one full bitcoin .
Alternative coins once brought me a very good profit. But it was a period of growth of the entire cryptocurrency market. At the moment, alternative coins are very dangerous investments.
I want to find out why everybody wants to invest in altcoins, what I want to ask is, how much money did you get from altcoins so far?
The amount you get, or what you get in return, depend on the quality of the project. A project with good quality, use case and product will definitely rise and bring good profit.The easiest way to make it in the crypto space, is by buying altcoins, because they are the only ones that can grow easily and can also dump easily, even without their products.
with the growth of the crypto market altcoins can give a huge profit. but with the market falling you can receive a big loss.
You can earn a lot of money and you can lose a lot from not knowing. Therefore, study the market, graphics, trading, read the literature and understand only from your personal experience how much you really can earn. It all depends on your personal knowledge.
We are not like Jack who only collects bitcoin, alts are a good investment if you pick the correct one. Some rise faster than bitcoin e.g. TRON, so switching to alts can make you richer. However, bitcoin is the safe choice and should be at least a quarter of your portfolio
I did not enter the crypto-currency market in time, as there was already a bear market, but I thought that the bottom had already been reached, but still I managed to make a profit thanks to bounty companies.
I want to let you understand that profiting from altcoins depends on many factors. One factor might work for you and won't work for another person. I seldom buy into ICOs but when I do, I ensure I'm ready to take the risk haven considered some due diligence checks like the team strength and MVP/Product . Recently I bought into bittorent from Binance launchpad and it was positive. Sometimes we gain, sometimes we don't. When it comes to buying already trading coins, please never FOMO or buy because you got a call from a pump channel, you might get burnt. Do thorough research before buying.
I want to find out why everybody wants to invest in altcoins, what I want to ask is, how much money did you get from altcoins so far?
Well here nobody can say how much you will receive money , for example, I yesterday received from one of the coin about 1600% called sgn , but it's certainly a rarity and coin little liquid I think it is necessary to say that I became rich thanks to cryptocurrencies. And above all first of all I mean Ethereum. It is a very interesting cryptocurrency which has good prospects to grow further. I am sure that it will be so.
But Ethereum now is too big. It can't give x100 anymore. Even x10 looks like a dream. But anyway there are enough projects that could give such profit in future
I think it is necessary to say that I became rich thanks to cryptocurrencies. And above all first of all I mean Ethereum. It is a very interesting cryptocurrency which has good prospects to grow further. I am sure that it will be so.
if you remember last year that some of the coins were given 20,000 x. this is much more than the profit from bitcoin, this year, of course, such large jumps do not occur, but still on altcoins I think you can earn much more, you just need to participate in quality projects.
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