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Topic: is it still risky to Invest into Altcoin now? - page 7. (Read 1754 times)

legendary
Activity: 2310
Merit: 1076
zknodes.org
If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
It's always risky. For more than a year I was investing in BTC only. I wouldn't recommend it, but I can say my opinion. I think that it's a viable strategy.

I agree with you, if we want to invest in cryptocurrency safely, then Bitcoin is the right choice, because at any time the price of Bitcoin will continue to increase and make a new ATH price when the next bullrun occurs, therefore Bitcoin is the best long-term investment for currently, but of course investing in Bitcoin will not be able to get as much profit as investing in altcoin, because the greater the risk, the greater the profit we will get, but if you really want to invest safely then Bitcoin is the right choice.

Yes Bitcoin has always been the safest investment medium when it comes to crypto but Bitcoin investment will be considered too volatile and risky for traditional commodities/stock investors and when it comes to crypto investment Bitcoin is considered way traditional with limited movement but Altcoins are considered too risky.

To be honest we can earn good profit through Bitcoin itself by executing multiple trades, I would prefer making 10 trades of 0.5% profit in Bitcoin instead of risking my capital for a 5% profit in altcoin. But Altcoins will be more profitable and if I can be a full time trader then Altcoin will be preferred with active monitoring and strategy.

Bitcoin = Long-term and holding
Altcoin = Short term and never hodl
full member
Activity: 826
Merit: 104
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
It's always risky. For more than a year I was investing in BTC only. I wouldn't recommend it, but I can say my opinion. I think that it's a viable strategy.

I agree with you, if we want to invest in cryptocurrency safely, then Bitcoin is the right choice, because at any time the price of Bitcoin will continue to increase and make a new ATH price when the next bullrun occurs, therefore Bitcoin is the best long-term investment for currently, but of course investing in Bitcoin will not be able to get as much profit as investing in altcoin, because the greater the risk, the greater the profit we will get, but if you really want to invest safely then Bitcoin is the right choice.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
Market is green now so everyone will be in desire to have more increase in price so they can easily take profit from it. Altcoins are also in preparation phase for halving therefore both altcoins and bitcoin will offer you benefit but it depends on the amount of money which holder will use to buy a wanted coin. Not all altcoins can face increase during halving but not all will face decline in value too so there is a a greater chance that halving will give advantage to all type of coins holders.

Matic, Ethereum are less risky and they will move similar to that of bitcoin. Try to not trade coins immediately but hold your coins until it gives you huge profit. Some people become able to get benefit from altcoins while other cannot so it does not mean that altcoins are poor in giving profit but it means that everyone cannot get profit easily so why we put responsibility on altcoins if everything is because of good or bad holders.
Well, even when we say that now is a good time, I think there will still be doubts for people who are still afraid to take risks. When a bear market occurs, people wait for the market to recover, and when a bull market occurs, people wait for a bear market to buy. they will always have a reason to keep asking.
If someone wants to invest in bitcoin or altcoins or any other investment, then I think not long after doing the research they will make a decision on what to invest in. However, for people who always ask about the market situation, I think their mentality is not yet ready to accept the risks that could occur.
People always say that when you are ready to invest, then the right time to invest is now. However, until now, the opportunity to invest is still very good.
sr. member
Activity: 2590
Merit: 322
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I can't explain properly but i can said this real time to buy altcoins because we are nearly of in bear market. So you should bought right now without i hope you will miss bear market profits chert. You have might be know the altcoins market risk step so you can get risk mind then is possible everything.  For a crypto market everything is possible so you should go on you way.
It's not about buying any altcoins because there are so many of them in the market, an investor must make some research and be selective in choosing the feasible ones especially those ones that provides solution to problems and not yet overpriced, it's obvious that the market is almost getting out of the bear sentiment and once the opportunity of buying altcoins at a lower price is missed I don't think such opportunity would avail itself again so it not late to get in and start buying and accumulating as long as the price of Bitcoin is gradually pumping and with it the upcoming halving definitely a lot altcoins would also pump.
sr. member
Activity: 812
Merit: 257
Eloncoin.org - Mars, here we come!
I think stable coin is included in the scope of altcoins and is included in the 100 favorite ladder, with any capital will feel calmer despite the decline, stable coin in circulation has a good reputation belonging to the exchange, for example binance (busd) or universal usdt. Until now I have observed that the transaction volume is still high and if the stable coin continues to have a good reputation it will be an alternative for storing and converting with other altcoins. suppose it must be purely altcoin of course I choose ethreum and bnb but there must be multiples to feel about its volatility and stability, if only decimal counts are not very clear even though it is rising once, I assume that ethreum is the strongest altcoin when dumping fast recovery and ethreum is suitable for all conditions.
sr. member
Activity: 1638
Merit: 292
Eloncoin.org - Mars, here we come!
The more complicated and time-sharing, the more pressure increases. The cryptocurrency market and the altcoin market are always unstable, but that is both an opportunity/risk for participants. trading and investing.
All investment results are created from many things. At this point, I think in the short term, opportunities from altcoins always appear with new trend waves appearing, besides the fluctuations of cryptocurrency. Bitcoin causes more volatility. However, if you do not calculate and accept all the results of your own actions, the investment process is only the beginning of failure.
sr. member
Activity: 1386
Merit: 326
Eloncoin.org - Mars, here we come!
Market is green now so everyone will be in desire to have more increase in price so they can easily take profit from it. Altcoins are also in preparation phase for halving therefore both altcoins and bitcoin will offer you benefit but it depends on the amount of money which holder will use to buy a wanted coin. Not all altcoins can face increase during halving but not all will face decline in value too so there is a a greater chance that halving will give advantage to all type of coins holders.

Matic, Ethereum are less risky and they will move similar to that of bitcoin. Try to not trade coins immediately but hold your coins until it gives you huge profit. Some people become able to get benefit from altcoins while other cannot so it does not mean that altcoins are poor in giving profit but it means that everyone cannot get profit easily so why we put responsibility on altcoins if everything is because of good or bad holders.
member
Activity: 406
Merit: 84
Eloncoin.org - Mars, here we come!
There are few altcoin with promising futures, which someone can invest on. For me the best time to invest in altcoin is now because now is still dip, after bullrun the chances for you to gain might be slim. Although I don't know if altcoin bullrun is thesame as that of Bitcoin but maybe since they are under bitcoin I think it might be a good one to try. But when trying make sure you do research to know the right one.
We should ensure we make the good plans for us. It's risky alone to register and sign-up with problems adapting to these teams. The bull and bear season keeps affecting our choices and plans for solidable future in the market, that's comes our financial help and aiming for good results this hard time. Theres no other time than this time which is consider the right time to invest in altcoins, we understand the market hugh volatility and more altcoins will start prove themselves by hitting really hard for his oppositions.
sr. member
Activity: 2338
Merit: 338
Perhaps it was risky OP but if we keep that in mind, therefore, don't invest in crypto anymore. But people are here and taking risks despite the volatile situation of the market because they believe that investing in altcoins is worth it. It is just a matter of choosing the right altcoins, not by choosing them blindly. In fact, we can just have the picture and put an example that many altcoin investors become successful, and we can follow what they are doing as it is not impossible. As long as we can manage to hold and sell at the right time, it is really profitable in the end.
newbie
Activity: 148
Merit: 0
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jr. member
Activity: 1652
Merit: 3
It is always risky to invest in altcoins whether it is during the bull market or the bear market .One can easily make a lot from altcoins and vice-versa. The best thing is to make a good research before investing in any altcoins and also don't invest what you cannot afford to lose.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
The normal time to invest in altcoins is when the market is promising or experiencing a bullrun, when you invest because of the bullrun it might fall drastically unexpected and you will totally lose for your investment, the best time to invest in altcoins is during the time of bearish and you will be targeting for it to enter into a bullrun knowing that when it enters a bullrun you have make a profit, so therefore I will advice that even though you want to invest in altcoins now due to the positivity in the market currently let it be an altcoins that have a good recommendation or potential, because nobody knows the gravity of the increment of the market despite the halving every one lament on that after halving they will be acceleration of the market generally
hero member
Activity: 2548
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Sure, if youre investing for the long haul, Bitcoin's probably the safer bet.  But if you've got the stomach for it altcoins can provide some serious short-term gains... as long as you're ready to get tossed off once in a while. 

Investing in altcoins is a rollercoaster.  There's no doubt about it - when they surge in value, it's incredibly tempting to ride that profit wave and make some quick gains.  But altcoins are unpredictable creatures, and before you know it, yesterday's top performers end up todays biggest losers.  It's a wild ride. 
It's all fun and everything until people start making it too wild by investing in altcoins that are newly launched or don't even have strong fundamentals. I know that they have the potential to provide great profits sometimes, but they have higher risk as anything can happen at any given time to such projects and investors lose all their money. So, instead of regretting, one should take their steps carefully on this side of the market to avoid incurring huge losses.

The best way is to always keep an eye on the market and look for coins and tokens that are highly volatile and see if you can make an entry early and not when the coins have already surged because that will make you FOMO and you will likely lose your money. If you missed a coin, just let it go and look for other opportunities.
legendary
Activity: 2758
Merit: 1228
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's never been a time that investment in altcoins was without a risk. Altcoins investment is always riskier than Bitcoin investment. But I also understand what you meant in OP. For some certain altcoins being toppers and as well as losers within a short time shows a good level of volatility, and that is not good for long term investment, rather good for short term investment or day trading .
Anyone that wants to involve in altcoins this time around should have good knowledge of the charts and also be ready for good or bad, especially coins like Sol.
Agreed, investing in altcoins is much risky than investing in Bitcoin, Bitcoin is good for long term investment and Altcoins are good for short term investment. If you are the person who wants for a long term you should go to Bitcoin and if you want a quick income then go for the alts. Just like what he said, be sure you have the knowledge on how to read the chart. Also, be sure to be prepared financially because its 50:50 whether you lose or win.

But if you get afraid with investing on those altcoin then think about putting all your money are you sure that you can earn? Remember that profit taking for bitcoin might take long so you would provably left your money sleeping especially if you can't able to trade it. Altcoin market is really risky but if we do some good research about it then for sure that we can minimize the risk and can also get a much better result than investing on single coin only.

Alts is really better for short term income that's why we need to gain a lot of experience from this before we can gather a lot of money so before participating we must do all important matters that can help us now about situation or status of the alts we are looking for.
member
Activity: 463
Merit: 11
Chainjoes.com
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's never been a time that investment in altcoins was without a risk. Altcoins investment is always riskier than Bitcoin investment. But I also understand what you meant in OP. For some certain altcoins being toppers and as well as losers within a short time shows a good level of volatility, and that is not good for long term investment, rather good for short term investment or day trading .
Anyone that wants to involve in altcoins this time around should have good knowledge of the charts and also be ready for good or bad, especially coins like Sol.
Agreed, investing in altcoins is much risky than investing in Bitcoin, Bitcoin is good for long term investment and Altcoins are good for short term investment. If you are the person who wants for a long term you should go to Bitcoin and if you want a quick income then go for the alts. Just like what he said, be sure you have the knowledge on how to read the chart. Also, be sure to be prepared financially because its 50:50 whether you lose or win.
newbie
Activity: 73
Merit: 0
So I agree that the value of Altcoins have been showing significant growth in value and that they have immense potential. I’d definitely go for it but I wouldn’t recommending holding them long term given their volatility. I would suggest you do quick trades. I have been rebalancing my portfolio based on market conditions and it’s been working great for me.
If you have any questions you can contact me via my Discord: https://discord.gg/Ar27RhuyWZ
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
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's never been a time that investment in altcoins was without a risk. Altcoins investment is always riskier than Bitcoin investment. But I also understand what you meant in OP. For some certain altcoins being toppers and as well as losers within a short time shows a good level of volatility, and that is not good for long term investment, rather good for short term investment or day trading .
Anyone that wants to involve in altcoins this time around should have good knowledge of the charts and also be ready for good or bad, especially coins like Sol.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
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 ?
You will have to consider the volatility of the market as well as this will be the reason why we never keep seeing those coins on the bottom will remain there but can possibly see them on the top gainer unless it was a dead coins. And it is the same thing also happens with Bitcoin as we can never see its price stability, it dumps today and will possibly pump the next day.

Both of them carry huge risks and that is why we should have to take extra caution when investing. And also, it should be planned so well and take every price opportunity whether to buy or sell.
member
Activity: 190
Merit: 14
For Rent
Excluding perhaps the 3 or 4 institutional altcoins such as btc, eth, bnb, sol it is always a risk, a gamble investing in altcoins requires study, strategy and a bit of luck
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