Most of all you listed are the reasons I am hodling my altcoins expect the fourth option (lol), fancy name don't equals effectiveness. Another quality I look out for in the coin I am holding are their quicker transaction.
Though I didn't buy them recently nor this year but years ago and haven't regretted.
Presently, I won't even think of swapping my Bitcoin to Altcoins because first I believe the ones I have are worth it and is enough (think I see an altcoins good enough to compete with Bitcoin) and secondly, no new altcoins created lately are worth it.
Topic: How often do you invest your Bitcoin to Altcoins? - page 3. (Read 1226 times)
My investment plan is for time, if my research advice me that this the time to invest, I take this time. I don't invest often time because this isn't rules for cryptocurrency.
Good thing that you knew how to get good signal for investing on the right altcoins. But unfortunately to think of risking my bitcoins to alts right now isn't a good plan while witnessing bloody red on my blockfolio.
Do you mean converting BTC to certain altcoins?
Personally, it is rare to be done. But, sometimes, it is promising enough to convert the BTC into some certain altcoins such as Ripple, XZC, and also BNB. Of course, it may be useful when the pair of BTC and those altcoins are higher. So that we can gain more amounts of the altcoins.
Personally, it is rare to be done. But, sometimes, it is promising enough to convert the BTC into some certain altcoins such as Ripple, XZC, and also BNB. Of course, it may be useful when the pair of BTC and those altcoins are higher. So that we can gain more amounts of the altcoins.
I invest in the altcoins because I have deep experience in this field. From my trading experience, the potential jewel projects don't stay out of attention so long. Choosing the best altcoin can be boring but it will worth to go all-in in case of discovering one. While bear market extends,investors arrange their altcoin portfolio and they also consider the legendary investment assets too. The vision of the project is the most important component by my side as an investor and I mind to invest in the altcoins taking into account the credibility of the team for the forthcoming years.
Basically I do the opposite. I transfer profits from some altcoins earned from bounty to long-term contracts at BTC and ETH. Sometimes I buy promising, mostly exchange coins and game tokens, but for a short time. Two or three months, then selling.
converting our profit to Bitcoin and altcoin is the best idea my friend
because both crypto deserve to be in our bag for long term investments
regards
A well decentralized Altcoin and plans to improve the coin decentralization in the future could make me hold an Altcoin long-term. I cannot build a permanent base on project that is not truly decentralized.
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
The characteristics of the altcoin and the roadmap is very essential in knowing a better altcoins specially the products and services that they introducing is it viable and also the sustainability for the future that it would last longer and the value of the coins will not drop after launch. I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I use my bitcoin to buy altcoins for my trading job, keeping altcoins came from the top list in the market cap is possible to bring lot of profits in the future specially ethereum.
But of course I am not stupid to invest mynall bitcoun into altcoins because everyone knows keeping bitcoin for long term is very profitable.
But of course I am not stupid to invest mynall bitcoun into altcoins because everyone knows keeping bitcoin for long term is very profitable.
A well decentralized Altcoin and plans to improve the coin decentralization in the future could make me hold an Altcoin long-term. I cannot build a permanent base on project that is not truly decentralized.
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I will also consider the coin Roadmap, expansion plans, developer's enthusiasm, project long-term viability, concepts, strategies to capture millions of users, etc.
Developers ideals matter most in the end. .
I majorly invest because of the technology of the project and what people stand to gain from it. These days project team are not very sincere. they collect fund and don't carry out project development, making community to loss their trust.
I currently gamble on altcoins, I call it gambling because most altcoins are dumping badly, I just buy low, and when it pumps, I sell-off and take little profit then wait for another dump. I set buy and sell order the same time with different fund, I hate to be on the long order book queue. Sometimes it works other times it fails.
Basically I do the opposite. I transfer profits from some altcoins earned from bounty to long-term contracts at BTC and ETH. Sometimes I buy promising, mostly exchange coins and game tokens, but for a short time. Two or three months, then selling.
I became part of crypto community in 2016 when i first started using btc and eth then 2017 was quite fomoic for me and i invested my precious btc and eth in many icos and coins and that passion declined with time as results were not good and now i feel better to stay in btc and eth only because all other investments where i invested my btc have proven to be in loss even after holding for more than 18 to 24 months and now i have decided to stay in btc and eth only.
Other reasons that makes me invest into it is : I know how the coins will be in the future, the goals of the project that i believe it will be achieved in the future for sure, a coins that have a huge potential to be a higher value in the future, the team behind the project, and still many more.
I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments.
Yes. I also never put my money to invest in new altcoins for long term. I think it is a truly wrong decision for sure. Most of the new altcoins are only about pump-dump once they are listed on exchanges. After several months, many turned to have very cheap prices.
Why don't to buy old coins, like Bitcoin and Ethereum for long term assets. I think it should be a better idea than keeping new altcoins. Currently, I am not really interested in new altcoins, I prefer to choose top coins for trading or investment.
People just believe that new projects can increase capital. And the old projects are not able to quickly make them rich by investing $ 10,000 in the project and having received X100, people want to change their lives. This is their strategy. But even without such investors, the market will stop going in front of and develop.
I did invested on Bitcoin in the year 2017 nearly about $10,000 and also in 2019 invested the same amount of money into Bitcoin, holding few etherum with some tokens for now so most of my portfolio filled with kind and I am I'm feel very good about my investment strategy.
I am not kind of investing too often and cryptos but it and join the moment of price changes and speculation.
I am not kind of investing too often and cryptos but it and join the moment of price changes and speculation.
I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.
The reasons I could think are the following:
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
The reasons I could think are the following:
- You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
Last two of the reasons are the main reason for me. I invest because I think I could make a profit out of them and the coin name is very important.
.Despite of the technology, the coin could fail. For example, PEARL had great technology but due to some problem the coin could rise as it was expected but rather the team divided in parts.
Next, if I had have invested a lot of money in some coin or personaly I am connected to a project then I would have support the developers. That usually does not happen for a normal trader.
All are speculative and its final outcome or goal is profit. So why not trade BTC -> Altcoin. The dependence is there but some altcoin with fomo, good news can bring better returns. I think a lot of people move according to this plan.
I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself.
The reasons I could think are the following:
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
The reasons I could think are the following:
- You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here.
From the past I always buy low price coins in the market, trading my bitcoins to it. But lately I realized it's not the way I should do to my investment. So now, I am just trading my Bitcoin to ethereum and convert it back to Bitcoin when I see some profit and it worked well. I think I just stick to just this two coins for now then see another strategy to grow my money in crypto.
Before trading or invest over any coin I am always keep on eye this coins market their vulnerability, I am always analyse current market situation of coins before trading or invest, and I always choose instant trading for fast profit!
For a trader, invest in altcoins it cannot be counted, every day they can buy lots of altcoins. it's some routine to do an analysis on the altcoin market, buy altcoins with bitcoin, then sell them again when prices have gone up. I can hardly count because its very often 
not every time, only when the altcoin is having good news. I trade btc-usdt more because this is more predictable, than trading altcoins that are too volatile. I only buy altcoins when there is good news, and after my target is reached, I will sell it. I don't want to repeat the same mistakes because I hold the altcoin too long.
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