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Topic: Is it harder for altcoins to increase in profits now? (Read 916 times)

legendary
Activity: 1176
Merit: 1016
Yes right now is very hard to predict alts that will go up we can see a good pump by early 2018 that time we'll increase our profits.. Hope you holding your coins.
Agreed! You need to wait and watch for having a fair idea about the market in the days to come. In my opinion, it is not that much harder to make out good amount of profit by altcoin even at the very present moment of time. It all depends on your skillset and the way you make the decision. You can still earn and earn something really good. You only need to believe in your capabilities.
full member
Activity: 280
Merit: 111
Currently, values of many altcoins had dipped drastically. Ethereum has increased in its value a bit. There were many tokens which had a  value of like 0.5$, 0.7$  at the start of the year but has now increased in value quite by a good margin. It is not that it is harder for altcoins to increase  in profit, they would slowly increase in value with time but not all coins only some which are worth.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
It all depends on the market. You keep getting pumps and dumps, all altcoins are affected.
Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!
Yes, none knows the reality. Just based upon the speculations as well trust associated with the increasing investor base people have the predictions about the value of bitcoin. Most of the time till the price goes high people think of the growth and later used to feel bad of missing the opportunity.  As in the statement the price spike happens often and very few trust and invest.
newbie
Activity: 51
Merit: 0
It is true to say that ETH is the best alt coin. Coins are as valuable as their endurance in the market. As is obvious, so far BTC and ETH are the ones which have proved their logetivity. In terms of other alt coins I would suggest buying for long term profits( short ones are risky - the pump and dump game will trick you at some point, no matter how good you are at speculating). I would look at the projects they are representing, their prospects on the market etc. For allt coin which is dipping at themoment I would look into AMB.
hero member
Activity: 558
Merit: 500
We must look at the capitalization of coins and tokens. It seems to me that this is the main factor for the speculative market.
full member
Activity: 938
Merit: 108
OrangeFren.com
Yes right now is very hard to predict alts that will go up we can see a good pump by early 2018 that time we'll increase our profits.. Hope you holding your coins.
sr. member
Activity: 259
Merit: 250
Once bitcoin's price stabilizes alts will begin to rise again. Now that segwit 2x is past money will flow into bitcoin and alts again.
hero member
Activity: 784
Merit: 510
Sovryn - Brings DeFi to Bitcoin
It all depends on the market. You keep getting pumps and dumps, all altcoins are affected.
Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!
full member
Activity: 364
Merit: 102
The price of an alternate currency does not depends on its price per coin but also depends heavily on the market cap of that particular currency. Look at alts that have a low market cap as if more money comes into it, it should automatically increase your money invested into it.
full member
Activity: 126
Merit: 100
wait for the next wave of new comers, and the end of the fork Smiley
the market is more stable now
sr. member
Activity: 325
Merit: 250
BTC is still gaining and gaining at the "expense" of all Altcoins. The Alt Bull run did not really happen.
Portfolio is 50% down in BTC value. (Should have switched) since end of October.
member
Activity: 115
Merit: 10
Altcoins will bounce once the market settles and the BTC bullrun is settled. The whole S2X drama shattered the altcoin market and the sudden rise in BCH added fuel to it.
sr. member
Activity: 560
Merit: 250
Many coins earlier this year has 10x, 50x, 100x etc.  These are coins that are under 1 dollar etc. 


I been looking at a few coins that are under 1 dollar.  However the issue is the market cap for many of these coins are really high.  If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on?  Because everyone mentions look at the market cap.  Because where are the altcoins that are under 1 dollar where the market cap is low then?  So does that mean those altcoins that increased a lot in the top 25 all had a low market cap?  If so why did they have a low market cap?


Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less?  It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc.  I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now.  If thats the case, does that mean its hard for coins now to do that compared to earlier?
yes you are right, altcoin is now difficult to rise in price due to the influence of segwit2x bitcoin issue. we'll see later when the issue is no one is sure bitcoin prices will decrease and make altcoin prices rise.
full member
Activity: 448
Merit: 100
Yes, it's harder because there's so many alts right now that a lot of money goes to different places not only a few alt like maybe a year ago. Bitcoin situation lately doesn't help because people want bitcoin because of the high price, almost all my investments are losing value against bitcoin.
sr. member
Activity: 617
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
If the alt is stronger it will recover back eventually after every dump just like Bitcoin but if you are holding shitcoins then they probably will be dead with BTC movements. We can clearly see some examples in the past like Siacoin, Digibyte etc. 90% of the alts won't even stay for a year.! lol
member
Activity: 98
Merit: 10
Yes, because there is much more of them now then in times when bitcoin only existed.
hero member
Activity: 812
Merit: 501
I think it's much harder. I had a coin and it reached rock bottom. I couldn't sell it even for the lowest price possible, only after a few weeks. There are many coins like that and that's the proof that not all altcoins increase in profit. You must have a good product behind it, or at least make people invest in it in high volumes. That surely does help
member
Activity: 202
Merit: 10
SIMPLE SHOPPING AND SAFE PAY
yes it is too difficult to get profits from the alts right now because the BTC is mooning maybe in the first quarter of 2018 the alts will dominate.
full member
Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
Not harder but that's like a luck.!!

But if you want to invest for high profit I only recommend Hacken and Ins Ecosystem.

It both have a good reputation now.

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
of course not

pick good undervalued real projects and large returns will follow.

the part where i say real projects is real important though not just any marketeers promises and junk
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