Topic: Is Altcoin is the best way of investment now? - page 2. (Read 2665 times)
For me, of course yes. because currently the price is very low and I think this is the right time to invest in altcoin.
Altcoin could be better than bitcoin because they grow faster, but could be worse because they also come down faster.
At the end of the day, you have to evaluate a project one by one, we cannot say altcoin do a better than bitcon in gerneral.
Every coin is different.
At the end of the day, you have to evaluate a project one by one, we cannot say altcoin do a better than bitcon in gerneral.
Every coin is different.
if everybody or even a celebrity started saying bad about bitcoin, they will run for their money crashing the price. Compared to that, altcoin users are more technically oriented ones. They know about blockchain, they know about the technology that particular coin is offering, and they are betting on that uderlying technology, not on some mass speculation.
According to what you are saying, if they talk bad about bitcoin the price crashes which is not a lie but the prices of altcoins are dependent on the price of bitcoin anyway so when the price tanks, altcoins go along with it. Also very few people care about the tech, majority are just here to make money so forget about talking about tech, everybody wants their coin to pump
if everybody or even a celebrity started saying bad about bitcoin, they will run for their money crashing the price. Compared to that, altcoin users are more technically oriented ones. They know about blockchain, they know about the technology that particular coin is offering, and they are betting on that uderlying technology, not on some mass speculation.
There are no altcoin futures contracts and as you point in your commentary, it is unlikely that there will be any altcoin ETFs either. For these reasons I can't see an altcoin challenging BTC for the foreseeable future. Lower fees will also favour BTC over altcoins.
Investing in long term is not the best option now, because the market continues its decline. Well, in general, investments in altcoyins are much more interesting in the short term
Altcoin is the best way you can make your investment save ethereum is another option as well likewise few alts below ethereum are good, not all altcoins are good to put investment on them
Price of all the altcoins are very low at this time due to heavy correction of bitcoin price and if you now invest in altcoins and hold them for long term then you will get high returns.
I believe that really now the best investment is altcoins. Because they fall at a small percentage of the total bitcoin. Some altcoyins of pancake are more stable than bitcoin. Now is the time to buy coins.
It depends a lot on the market condition. Currently looking at the bictoin prices which are holding prices over 6k dollars makes it a better option for investment rather than alts. Alts have taken a good beating in last few months and no positive news can be seen that can push alts price higher.
Though the market can yield big gains, it can also bring great losses. You have to sit down and determine whether is the best thing for you to do or not.
Now, traditional investments are safer than cryptocurrencies but yield small gains.
Now, traditional investments are safer than cryptocurrencies but yield small gains.
In common trend investing is actual and investing in alternatives will give you a lot of money, so yes, it has to be. To my mind EOS and Waves weill be very nice.
Yes, investing in altcoins give a lot of profit if the investors have the right experience and wisdom because there's a lot of altcoin out which are not good for any investment. However, we should not ignore the fact that bitcoin is the most unique and ridiculous profit provided investment also, so it better to be diagonal.
In common trend investing is actual and investing in alternatives will give you a lot of money, so yes, it has to be. To my mind EOS and Waves weill be very nice.
cant say its the best option, but it is an option.
same with other type of investment, you need to do your own research before making any move.
same with other type of investment, you need to do your own research before making any move.
Hard to say, is this the best way to invest, but what can I say to you - it`s the most profitable way, but have a lot of risks. You must wisely choose correct altcoins to get a nice profit. Also, I recommend you to divide your investment for bitcoin and altcoins.
Now Altcoin is the best way to invest your money?
Definitely anytime is the best time to invest in altcoins. But it depends on what altcoins you are going to invest. If it is a good and promising altcoins like bitcoin and ethereum. You can earn a huge profit with that coins.
No, it is sad but BTC is more reliable now because of its position on the market like very stable one. And people believe in it and invest. It is like a circle.
Yes... Altcoin is the best way if investment to accumulate and secure more profit... Example is PKG coin that moves from 3sat to 200sat...thus, giving lots of profits to the traders/holders
It is really hard to answer this since right now the market is really at a bear and most of the altcoins are down. ICOs has lost their steam and even new projects are holding off before they sell their tokens. But Altcoins really have the higher return of investment in comparison with those established ones.
Now Altcoin is the best way to invest your money?
Bitcoin is the first. The second and so on are altcoin. But do not invest your funds in shitcoin, place your funds only in the top 50 at coinmarketcap.com and vary your portfolio on at least 20 altcoin.
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