Pages:
Author

Topic: Is Investing In AltCoin Still Worth it in 2019? - page 15. (Read 2848 times)

member
Activity: 350
Merit: 12
I believe that modern cryptocurrency is the money of the future and the new economic model. Therefore, if there is an opportunity, then this money must be bought now. Low cost and falling prices are the time when you need to buy a cryptocurrency so as not to miss the moment.
member
Activity: 712
Merit: 15
I personally think it is still very much profitable to invest in altcoins because they have the possibility to increase (in terms of return on investment) way more than the top coins. The reason why most if them are down now is because of the general market conditions which is beyond their control.
full member
Activity: 826
Merit: 103
Yes it most certainly is. You can trade it and profit from price fluctuations, or you can simply buy a cheap and promising coin and hold it for some years and reap the benefits.
copper member
Activity: 657
Merit: 1
You mentioned investing in altcoins but you quoted only Ethereum.  Well, ETH remains my best pick for altcoins, and what you wrote about having the most applications in future is possible. I've been following Ethereum foundation and I like their developmental updates. Other altcoins to look at are ICX, NEO, TRX, VET, EOS.
full member
Activity: 826
Merit: 104
yes !current market is just offering you a cheap buying opportunity .you should buy altcoin and its worth to invest in altcoin.i really suggest everyone to grab the chance.
newbie
Activity: 36
Merit: 0
Ethereum is one of the few coins out there that has proved itself to be fully decentralized.. no centre man manipulation even vitali himself has no control over it
Did you hear about DAO hack?
He actually can, centralization is just a part of PR he has to support to earn more money. Not saying it's bad cause I think he is quite a bright mind
newbie
Activity: 36
Merit: 0
Ethereum team made many things right but it still doesn't guarantee them a share of market in the future, in 2017 there were no other trustful platforms to make shitcoins fast so everybody started creating erc-20. Fees in ethereum, lack of scalability and number of huge project made IPOs in form erc-20 coin (plus kitties) displayed the lack of scalability and at the same time created huge natural demand for ethereum coins to pay for coins transactions, and brought money not only to coins creators but also to eth creators and holders.
Now there is a number of competitors trustful enough (many have zero or close to zero fees, some allow to create own blockchains), even at current price and current demand (after trx, icx, and many others swap) eth transaction fees are significantly higher than most of the other coins, and tps is low, that makes probability of new really big ico's on top of eth quite low. They can improve the scalability - that should decrease the fees at the same time, but it will also decrease organic demand. Sure there is also a chance of growth because of manipulations, but eth is so big already that makes it not as simple to manipulate, and it still doesn't have a reputation of bitcoin.
Sure it doesn't mean there will be no new bright days in eth future, I'm just saying probability of returning its maximum market share is not high. Maybe they'll even introduce something as huge as erc-20, but at the moment on this scammy market developers prefer to create a new coin they can fully control and get all money from for any more or less good idea
copper member
Activity: 493
Merit: 13
Ethereum is one of the few coins out there that has proved itself to be fully decentralized.. no centre man manipulation even vitali himself has no control over it
copper member
Activity: 493
Merit: 13
Ethereum is the first currency I got referred to by a friend after discovering what bitcoin is all about.. and I'm not sure theres a single exchange out there without a trading pair for ethereum
copper member
Activity: 493
Merit: 13
Found this online and thought it might be helpful for new investors like me

Quote
In the ever-expanding world of digital currency, Ethereum is one of the most promising technologies on the market.

Since its birth in 2015, the digital currency has grown by over 45,836%:

Ethereum’s rapid growth has transformed paupers into millionaires. But despite its skyrocketing value, very few people actually understand what Ethereum is or why it’s a good investment.

For those of you who don’t know what Ethereum is, it’s important to understand that it’s much more than just a digital currency.

1. Ethereum Could Have More Application Than Bitcoin
As a whole, digital currencies have a lot of selling points. Many digital currencies use blockchain technology and finite market caps. These digital currencies are hyperinflation-proof, free from big banks, and open to the individual.

That being said, blockchain technology is certainly one of the key selling points behind digital currencies.

2. Ethereum Is Backed by Multiple Fortune 500 Companies
One of the strongest pieces of evidence for Ethereum’s long-term prospects is the Enterprise Ethereum Alliance (EEA).

In February 2017, multiple major companies — including dozens of Fortune 500s — decided to collaborate on furthering the Ethereum network technology, with the goal of incorporating it into their businesses. This group includes companies like Intel, Microsoft, JPMorgan, BP, and Thomson Reuters. Now in 2018, the EEA is over 200 members strong.

Full Post here: https://malepursuit.com/invest-in-ethereum-ripple-litecoin/


Ethereum is one of the most successful alternative currencies out there.. despite it's short coming like every other currencies out there... ethereum has proven itself over and over agin
member
Activity: 476
Merit: 10
Cryptoknowmics - World's First Decentralized Media
yes but u need to be smart what you investing for you need to be cautious of the projects and team u need to be secure and reassuring the projects lot of alt coin is good dm me i will help you
full member
Activity: 966
Merit: 100
This time i think its worth to buy more or still holding altcoin, like today ripple its have a good news with walmart collaboration and its have pump more than 5 percent, altcoin like ethereum, BNB, ripple and stellar still worth for investment
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
In the long run it might be worth it since no one truly knows the direction of the market. It's best to buy and hodl for years to come.
legendary
Activity: 2408
Merit: 1442
I'm an ethereum aficionado. I find its ecosystem more developed than btc's one, but maybe it's because I use eth more than btc. Talking of altcoins, some will also get out but the question is on which horses to bet  Roll Eyes
full member
Activity: 1022
Merit: 106
I invest in the ETH and I think it willn't give up its position to the 2nd place. The network of ethereum is popular with simplicity, versatility and flexibility and the availability of many functions and opportunities for financial sector and corporations.
full member
Activity: 1218
Merit: 112
I believe it is still worth investing in altcoins, as bitcoin has been pumping other altcoins have dropped even further, so it is a good opportunity to make some good investments.
copper member
Activity: 966
Merit: 5
Of course it does. The only issue or what I think is the motive for asking is owing to the scam issues present in the crypto space. But of a truth, it is worthy to keep investing in altcoins,but in this case only those that have shown serious development within the platform not hype or pump and dump.
hero member
Activity: 770
Merit: 500
I am sure that investing in altcoin still worth it in 2019, and we have so many potential coins at the market so we can choose more than 10 coins list. But the problem is we cannot always manage and watch the coin movement so we might get too late to see that coin increase later if we are not ready for the increasing of the price.
If that person will invest in only those coins which have a better future and the developers are very active for the project then buying them and holding for a long time will be a safe way to invest in these altcoins in this year as now the crypto market is on its best timing.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Contrary to what the bitcoin maximalists claim, Ethereum is going to stick around in the long run with its massive ecosystem of developers and major corporations partnering and building with it. As the market matures, investors and especially institutions will be sticking with only a few altcoins - it won't be like 2017 when almost every alt skyrocketed in value. The winners will be bitcoin, Ethereum, and a few others.
There are some rumours about eth future: there are some people pessimistic about it and that its 2nd position is threaten by other altcoins.
I think ethereum is strong and has a solid base of supporters, so it will hardly happen, on the other hand it's still an altcoin and even being superior to bitcoin in some aspects it's still a copy of btc. Anyway, a strong altcoin like this worths the investment.
member
Activity: 658
Merit: 11
altcoin investment will still be valuable in 2019. just how we choose a good and potentially altcoin, now there are so many altcoins that will be released and our job is to analyze the coins to the maximum results when we invest. so don't hesitate to invest in altcoin
Many years of experience have taught me not to trust new projects. Now I would prefer to invest in a time-tested coin, even if the potential is less. So far, the analysis of fundamental indicators gives nothing, since the prices of all crypto assets are the product of market speculation.
Pages:
Jump to: