Topic: How often do you invest your Bitcoin to Altcoins? - page 5. (Read 1246 times)
As you know if you will buy Bitcoin than this is safe investment for long run but if you buy any other altcoin than its not sure that you will get much profit but i suggest should invest in trading on daily bases and make profit from trading .
I own around 10 altcoins, not including those shitcoins which I already set aside without the least effort to monitor since I have no more hope for them. The topmost reason when I buy altcoins is due to technology. But, funny as it may seem to you, it has to have a name as well. If the technology seems amazing and yet there is too slow a progress in their coin's value, I won't buy it. At the end of the day, the reason why I invest in a coin with disruptive or innovative technology, not to mention real-life use, is that it will hit the investors hard and the value of the coin will explode.
- You believe you could profit in the long-term
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.
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. Because they could die in the middle of the road. So, if they die, of course you don't benefit. Unlike the case if for the top altcoin of course it will be able to get long-term profits.[/list]
I spend on altocoins no more than 5% of my altofolio thinking of short-term, too. For example, I tend to invest in projects that are at the pre-burn stage so to speak. In 90% of case, the price will get higher. The next goal is TAN token, another burning is at the end of this month.
I'm a person who loves Ethereum technology, they have a talented founder and a great team of devs. They always give the best products and respond and appreciate positively from the crypto investor community.
The way I usually trade bitcoin with ethereum is because I want more Ethereum than the money I spend.
You know, Bitcoin has been growing very well lately, and growing higher than its peers.
I took advantage of this to buy more Bitcoin, wait until Bitcoin increased, ETH reduced the price, I would use Bitcoin to buy more than ETH.
The way I usually trade bitcoin with ethereum is because I want more Ethereum than the money I spend.
You know, Bitcoin has been growing very well lately, and growing higher than its peers.
I took advantage of this to buy more Bitcoin, wait until Bitcoin increased, ETH reduced the price, I would use Bitcoin to buy more than ETH.
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.
Don't be pessimistic, there are indeed many projects that eventually die and developers no longer care, but there are still projects that the development team continues to work hard on and the coins last long. You can take an example in an international project, where they continue to develop their projects, and can survive until now. for long-term investment, we will get profits. 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.
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.
For me in my opinion I focused on the technology of the coin if this is a good investment and also to their marketing strategy if how they spread to the world their project. In the reality the more you fame the more you have investor right? Like bitcoin, Bitcoin is only the 1st cryptocurrency and we respect his technology because that is a new generation of money. But if we think twice there is no other utility right? Its only because bitcoin is now very famous. 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.
I’d convert my bitcoin to some altcoins like ETH and BNB because I know those are the good coins to hold for. They grow a lot compare to other coins and beside having more coins will always be better than to just hold bitcoin alone, which for me is a very risky investment. Converting your bitcoin to altcoins is not a risk, its the trust you give to those altcoins.
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.
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