Topic: is it still risky to Invest into Altcoin now? (Read 1735 times)
Bitcoin investment is more reliable and secure digital assets one need to buy and hold for a long period time without reason the risk involved, because Bitcoin always appreciate price and it only fluctuates as a result of trading where trader's make profits and loss based on the risk of capital used to trade. Hence Bitcoin is the best Coin to hold then some alt-coins, because Bitcoin is easily and quick to recover from the cryptocurrency market.
... but saying that trading is better than investing in altcoin is what I don't actually think is correct because sometimes traders make huge loss and before they can be able to make the money back, they have done numerous analysis and these analysis can be very hard and sometimes after the analysis they will still incurred loss but when you invest you relax, or
Invest and relax in altcoins? Remember not is not Bitcoin we are talking about here oh! But it is an altcoins. There are some times Even 3 years you have not seen any sign of making profit from the altcoin. But really foe the trading one can lose big within an hour or a second and the same time you can make that amount within that period. An the risk is in everywhere. Trade wisely and trade wisely as others have said. Don't invest only in altcoins and relax but look foe others means to sustain the gap. Either you invest in Bitcoin or trading to support the altcoins investment.
Altcoins are always risky. But it depends on you have you manage them while purchasing them or Trading them. You have to go ahead with measuring risk of losses. And yeah, i also saw such pump dump theory in exchange. These are good for trade if you can manage. And in my opinion altcoins are still lower then their original value and it'll be increased once the bull session start dominating market. So right now, it could be opportunity to enter crypto makret and purchase your favorite altcoins or trade them if need
the volatility definitely higher than that of bitcoin, even ethereum is rather volatile though not as bad, if we see the new altcoins its always a roller coaster, right now the price is $1 tomorrow it can be $0.5 thats already half capital lost if you invest spot trading in that certain coin imagine you try to invest with leverage of 25x your money already gone long before it has 50% dump.its overall a wild west with altcoin investment, whoever can manage to tolerate the risk they can make profit but they can go broke too, i'd expect anyone trying to invest in altcoin to know that before hand though.
but overall investing in altcoin isn't that risky where you can lost your money instantly though as long as you can try to make proper analysis and only find out the legitimate altcoin project.
investing when a coin first get listed on binance for example, usually the volatility can be taken advantage of to create massive profit just within short amount of time.
What's your opinion ? Shall we invest or just involve in quick trades ?
Every investment has risk and altcoins price rises whenever bitcoin price goes up. Altcoins are not volatile like bitcoin. They are like stable coins and their movement is very slow and their value is not encouraging to invest. Op I must tell you the truth that trading is must more better than investing in altcoins because their some altcoins that you will invest for like three to four years yet the value is nothing and not even up to a dollar and if you learn trading and you become a successful trader for a year, you will make enough profit from the trading. So I choose trading to altcoins.Mate you are correct to an extent but saying that trading is better than investing in altcoin is what I don't actually think is correct because sometimes traders make huge loss and before they can be able to make the money back, they have done numerous analysis and these analysis can be very hard and sometimes after the analysis they will still incurred loss but when you invest you relax, you don't carry out analysis but rather you hope for your investment to make progress though some investment actually take time to yield profit. In summary, no one is better than the other is just left for one to choose the one that will favor them.
Well I'm not in the position to answer this question, reason been that I'm not a lover of altcoins, I only invest in bitcoin I don't really know much about altcoins, maybe you should try and read threads of high ranked members I believe you can get answers from them.
It goes without saying that Bitcoin is the best medium for investing. It is a completely personal decision where you invest or not. Bitcoin investment is a long-term wait for profit, Bitcoin is actually a game of patience where the more patient you can be, the more profit you can expect. However, among thousands of altcoins, there are still many established coins that invest in and pocket a lot of money in the future. I was also hooked on Bitcoin at first, later when I started learning about Altcoins and I invested in Alt Coins where one of the coins was Ethereum.Well I'm not in the position to answer this question, reason been that I'm not a lover of altcoins, I only invest in bitcoin I don't really know much about altcoins, maybe you should try and read threads of high ranked members I believe you can get answers from them.
It goes without saying that Bitcoin is the best medium for investing. It is a completely personal decision where you invest or not. Bitcoin investment is a long-term wait for profit, Bitcoin is actually a game of patience where the more patient you can be, the more profit you can expect. However, among thousands of altcoins, there are still many established coins that invest in and pocket a lot of money in the future. I was also hooked on Bitcoin at first, later when I started learning about Altcoins and I invested in Alt Coins where one of the coins was Ethereum.
Well I'm not in the position to answer this question, reason been that I'm not a lover of altcoins, I only invest in bitcoin I don't really know much about altcoins, maybe you should try and read threads of high ranked members I believe you can get answers from them.
Quote from: |MINER|
When it comes to investing in altcoins, Ethereum Solna and BNB are mentioned. Also nothing is said specifically about other altcoins. Altcoin, meme coin has no stability. It is often between pumping and dumping. Investing in altcoin and meme coin should do quick trade. If you invest here for a long time, there is a possibility of losing everything. So if you invest in altcoin and meme coin you should be happy with less profit. Because they have no guarantee. Before investing in alt coin and meme coin, you have to check and invest because often people are victims of scams.
Even though, you make those coins your favorite investment, you will not regret whatever will come out from them at the end because they have displayed some positive results that is making people to attach them to their investment to ensure they achieve what they want.If you have invested in memecoins before, you will not dream of memecoins because they can pump higher in some days to make their customers to feel comfortable, and disappear from the market to make their customers to lose their money.
For you to make a good choice, you can carry out your research before investing in altcoins, you will enjoy altcoins investment because some altcoins pump along side with BTC in the bull market.
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Every trade definitely has risks, but they are high or not. If we make an investment when market conditions are rising, it will definitely be at high risk and there is a chance that you will experience a loss. So in my opinion understand market conditions before making an investment. However, I am sure that there are many altcoins that we can use as investment tools because the market is fluctuating. So please do your research and invest.
Altcoins are always risky. But it depends on you have you manage them while purchasing them or Trading them. You have to go ahead with measuring risk of losses. And yeah, i also saw such pump dump theory in exchange. These are good for trade if you can manage. And in my opinion altcoins are still lower then their original value and it'll be increased once the bull session start dominating market. So right now, it could be opportunity to enter crypto makret and purchase your favorite altcoins or trade them if need
To be honest I don't really care about the market situation in the short term because so far I only invest in the long term. I buy when the market is bearish and sell when the bull market arrives. apart from that I only invest in Bitcoin and large altcoins. In other words, I don't really care about the problems you raise.
If you check the price of Bitcoin now, you will notice that every thing is already dip and it's an opportunity for us to start buying some positions if we have the capital to invest more in the market even though we might have bought some positions at the top. The market is risky and we all need utilize every opportunity we see in the market to earn more.
There are people that bought at the top but that do not mean that we have to relax, we need to keep buying every dip.
Trading is hard while inventment is easy if you have money. And if you check again, then you can see those top gainers doing profit from those altcoins what aren't popular, haven't enough secure or not stable at all. It isn't easy to predict which underated altcoin is going to boom tomorrow. Besides you need to gain knowledge about trading, need to learn a lot while investment is easy. Just buy good or top altcoins and wait for good time for sell. Thus process could be more helpful. And now altcoins could be holding for long as bull already come in Market but as things Become so higher and market is dumping this moment, so need to wait for a suitable time for investment
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
There are quite a few differences between altcoins and bitcoins. Bitcoin is definitely an established coin. In comparison, not all of the altcoins are established. Moreover, there are a lot of altcoins in the market, if you invest in those coins, sometimes you get more profit, but after a long time, those coins lose their value drastically. Although the value of Bitcoin also decreases, after a long time Bitcoin can create a new ATH which is not possible for all altcoins. We have seen altcoins in history where a few of those altcoins survived after getting an ATH, but there are many altcoins that no longer exist. Of course, in investing in altcoins, an investor should select some altcoins that are fundamentally strong. There are some top altcoins that build smart contracts on their platforms or have their own chains. Among those altcoins I prefer Ether and BNB coin. 
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
I like to do slow trading. This means I will buy a coin and I will sell it when I get a profit above 50%. I will try to be patient waiting for my selling limit. So I can't say about short or long trades. In current market conditions, it is important to know when to enter and when to exit.
To be honest I don't really care about the market situation in the short term because so far I only invest in the long term. I buy when the market is bearish and sell when the bull market arrives. apart from that I only invest in Bitcoin and large altcoins. In other words, I don't really care about the problems you raise.
Exactly the decisions of those people will only be effected by market dump who are short term traders but if once you choose long term holding then you should not be worried about temporary pump and dump. The better way of investment and trading is to choose a lower price for buying and then wait for the appropriate duration which will fulfil your dreams when market gets bullish.
Every individual think in opposite direction to others so don't copy others because their invested amount will not be same as yours. Bullish and bearish are totally different from each other and both are advantageous so we have not to fall into wrong concept but accept the current price and take advantage of current worth as both will be in our favor if we understand this thing.
To be honest I don't really care about the market situation in the short term because so far I only invest in the long term. I buy when the market is bearish and sell when the bull market arrives. apart from that I only invest in Bitcoin and large altcoins. In other words, I don't really care about the problems you raise.
I see a lot of questions about this and as far as I understand as per the advice of experienced people its always risky but not all coins but 1 to 30 market cap coins seems like a good safe to me. However, if you want to invest in an altcoin, you have to do a lot of monitoring because once it is down, it takes a long time to hit the highest price, especially if the price of Bitcoin does not increase. But if you can be a good professional trader then you can do better than altcoin because short trade or holding for a long time can make a good amount of profit if you can select the right coin at the right time.
Top 1-30 coins by coin marketcap are on the market with a very large marketcap which means they have huge amount of investors so they won't be scammed very easily. Because of this they can be invested in but Altcoins get pumped/dumped a lot in a short period of time. so don't panic quickly if you invest in altcoins or any others coins. because patience is the key of success
OP, i already invested into altcoins with good percentage of money from my whole budget and currently currencies already growed a lot so I don't think it is best time for investment, rather I'm planning to invest again later as I'm expecting a dump in upcoming weeks. But its good to participate in quick trade. There are many good altcoins, which are keep pumping and dumping like hyped coins. I've seen many on binance. I agree that, a top gainer coin will turn into a top looser altcoin tomorrow. That's why need to careful about timing during buy and sell
I think you can still invest in altcoins so far you conduct detailed research. I will suggest you invest in older alcoins like ethereum, BNB, etc. In my opinion, expectations are still high as regards the bull market - as crypto enthusiasts anticipate the Bitcoin halving. Bitcoin value have a way of impacting on the altcoins (Current Bitcoin dominance: 51.6% - Coinmarketcap). There is also Fear-of-Missing-Out (FOMO), which will make more people to invest because they don't want to miss out in the bull run. FOMO also adds to the bull market.
Investors can take advantage of the dip and buy the preferred altcoin. Just like every other investment, only invest what you can afford to loose.
Investors can take advantage of the dip and buy the preferred altcoin. Just like every other investment, only invest what you can afford to loose.
When it comes to investing in altcoins, Ethereum Solna and BNB are mentioned. Also nothing is said specifically about other altcoins. Altcoin, meme coin has no stability. It is often between pumping and dumping. Investing in altcoin and meme coin should do quick trade. If you invest here for a long time, there is a possibility of losing everything. So if you invest in altcoin and meme coin you should be happy with less profit. Because they have no guarantee. Before investing in alt coin and meme coin, you have to check and invest because often people are victims of scams.
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