In fact, buying new coins has many risks and other things to be aware of. I believe more in old coins when investing for a long time, I think. just wait for the right opportunity to buy, wait for the price to be cheap again and hold it until the price reaches an all time high price
Yes, for people who have extra capital and money that he doesn't spend on other jobs, it's definitely better to buy good coins at a low price to get future profits when the market returns to the next bullrun. 
Topic: Is it worth buying other cryptocurrencies other than bitcoin? - page 4. (Read 5734 times)
Many people miss the golden opportunity to buy bitcoin and ethereum at that time those who were lucky to purchased them back then and were able to hold them made huge profits on their investment.It is never too late to make profits with crytocurrency especially by buying new coins some made it more in the market than the old coins in terms of profits.
In fact, buying new coins has many risks and other things to be aware of. I believe more in old coins when investing for a long time, I think. just wait for the right opportunity to buy, wait for the price to be cheap again and hold it until the price reaches an all time high price 
I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
Personally I stick to the strategy of buying BTC and ETH on a regular basis, but in addition to them I buy different altcoins like BNB. Here it is how I choose projects:
Firstly, I get the idea and decide if it is something innovative and useful. In my opinion only projects with innovative ideas and good marketing campaigns will survive in the future, so we definitely should investigate social media, the idea, docs, partnership and development team before investing.
I am in the habit of looking for good altcoins on the coinmarketcap top-100 table.
Buying Bitcoin is very important because Bitcoin is a trusted crypto currency. If you want to buy altcoins, there is no problem because altcoins can also provide us with benefits. Buying altcoins is very good at the time of pre-sale to get a very large profit, but we must be careful when buying altcoins because many altcoins are also scams.
I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
Everything you said above is very true.The thing that must be learned before buying coins in my opinion and what I have done so far is to reset how the project develops on the vision and mission and who the people who joined the team.
Many people miss the golden opportunity to buy bitcoin and ethereum at that time those who were lucky to purchased them back then and were able to hold them made huge profits on their investment.It is never too late to make profits with crytocurrency especially by buying new coins some made it more in the market than the old coins in terms of profits.
Of course, any valuable cryptocurrency can be invested, but when investing, you must see whether it is suitable for the current investment. If you want to do long-term, it is best to buy when the price is relatively low, you can keep it. Wait for its price to gradually increase. If you want to make short-term, swing, then you must analyze it carefully. Don't buy coins at the highest point, and don't blindly believe what others say. When you hold coins, don't be affected by FUD, leading to the sale of value coins in your hand, and thus some losses.
buying coins because of the technology is the same as buying coins because of their use
I buy coins seeing profit opportunities in the future and in the short term, where in trading I need daily funds to eat at least 10% profit from funds is enough if for daily trading
I buy coins seeing profit opportunities in the future and in the short term, where in trading I need daily funds to eat at least 10% profit from funds is enough if for daily trading
I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
My consideration before buying a coin is how stable the coin price is. So, therefore, the top 10 coin is my choice. Because in my opinion, the top 10 coins will be able to give me what I want. I am also sure, other people will also consider the same thing as me before buying.
If you are speculant, you must choose news for your reason buy token, it is fit to quick enter and fast exit, but for me, i prefer consider the use from token and what kind latest technology inside it as my mid term investment. As i know, hundred of alts have potentially skyrocket in six to twelve months next, you can check it in marketcap web.
If you long hodler, BTC still the best for long investment because mostly alts and coins has end paired with BTC, indirectly it will increase the volume of BTC itself, and with increased the volume, accordingly will cause increase price in the market.
If you long hodler, BTC still the best for long investment because mostly alts and coins has end paired with BTC, indirectly it will increase the volume of BTC itself, and with increased the volume, accordingly will cause increase price in the market.
From what I see, altcoins that have the potential to grow in the market are increasing, many people are starting to talk about them, but we must also remember that not all coins are really potential, research and research is a way to avoid the risk of losses that will happen to you. us or at least minimize it.
Shit coins do have some crazy pump, they are easily manipulated by whales. One I can remember is goatcoin which made x500 or so before dumping drastically. Buying shitocoins is a greater risk than investing in Bitcoin or eth
Bitcoin is truly a portfolio worth investing in. But besides BTC or ETH we still have BNB, DOT, TRX or ADA many coins will bring you profit.
It can even be more profitable than BTC if you invest in buying and selling at the right time. Diversify your portfolio instead of puting eggs in a basket.
It can even be more profitable than BTC if you invest in buying and selling at the right time. Diversify your portfolio instead of puting eggs in a basket.
Bitcoin has high trust in the community, but if you think investing in bitcoin costs a lot because it's quite expensive, if you're better at analyzing, other coins are the best option for generating a low amount of capital.
it all depends on your goals in my opinion!
if your goal is to invest then it's very feasible I think to buy other than bitcoin, but if the goal is to collect bitcoin then buy bitcoin and wait for the highest price to see the estimated value getting bigger.
My advice, if you have a large balance, buy any digital currency that has a low price and has the potential in the future to make a profit !!
if your goal is to invest then it's very feasible I think to buy other than bitcoin, but if the goal is to collect bitcoin then buy bitcoin and wait for the highest price to see the estimated value getting bigger.
My advice, if you have a large balance, buy any digital currency that has a low price and has the potential in the future to make a profit !!
If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
for now, the bitcoin price may be too high. however, it is still worth choosing one of the most popular altcoins today, specifically BNB. Right now, I see the potential for BNB which could cost thousands of dollars in the future. however, it is still worth choosing an altcoin as an investment tool, but research is needed to choose the right coin.
Bitcoin is a relatively safe investment currency with a long history of development and strong technical support. Investing in Bitcoin and holding it for a long time can get high profits.
Some of the altcoins that have emerged will also bring a lot of benefits in the short term. You can also choose to diversify your investment, investing in Bitcoin and several safer and more reliable altcoins, which can minimize risks.
Some of the altcoins that have emerged will also bring a lot of benefits in the short term. You can also choose to diversify your investment, investing in Bitcoin and several safer and more reliable altcoins, which can minimize risks.
I believe that cryptocurrency has to have a real use case or utility in real life so it can be massively adopted in the near future. It can go further if it has fundamental or moreover a great technology behind it. A project with only a great technology itself can be successful if it can give groundbreaking in the crypto world. I know a uniqueness will bring curiosity from the investors and hype at the end. All of these qualities if combined with momentum made by the news will bring massive success to the project. So, I'm not a fan of meme coin or a pump and dump project. I believe in a real project to invest my money.
Definitely there are potential coins though not like Bitcoin but can guarantee legit and the team are intelligent and hard working. Okay, for me UNI, DOT, BNB, XRP, and ADA might be good for long term and can give profit. Btw, I include XRP in the list because I consider it as potential and can explode once win the sec issue I guess.
If you missed Ethereum and Bitcoin 7-8 months ago. You can invest now in these because both coins have still the same potential and utility and they are in a dip as well. So if you want to buy any altcoin. It's the right time. Go and Buy some Ethereum and Bitcoin if you want.
They will always have the potential.It's just that the bull run has likely ended for both of them.
ETH is quite cheap today @ $1955 so it's already a surplus and don't miss buying it.
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