Topic: Is it WORTH investing ALTS RIGHT NOW? (Read 577 times)
Honestly, it depends on the altcoins. Each altcoin has its own measurement of volitality, trading volume, and price and it's difficult to decide when to invest if we don't seek it on its positive perspective. If you're a risk taker and prepared for long term hold then the perfect time is always as early as possible. If you're not sure that it'll gain value in the long run then just stay in BTC.
Not worth it unless you want to gamble. Bitcoin is much safer and will pump anyway the closer it gets to May and halving. It can drop a bit and pump after the halving but if you invest you have like 90% to profit sooner or later.
Altcoins follow Bitcoin and they will pump with it but there can be a turn around and when Bitcoin pumps people will exit altcoins to join the rally creating an even bigger altcoin squeeze than we're already seeing. Going altcoins now is gambling not investing.
Altcoins follow Bitcoin and they will pump with it but there can be a turn around and when Bitcoin pumps people will exit altcoins to join the rally creating an even bigger altcoin squeeze than we're already seeing. Going altcoins now is gambling not investing.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
im bullish on bitcoin and ethereum so far i dont have have interest in altcoins. If you want to invest in altcoins make a research invest on the project that keeps on enhancing and building the project. Appreciate the help!
It's worth it but you have to know what you're buying. You have to believe in the altcoin to buy it and remember that it's always more risky than buying Bitcoin. I had some altcoins 2 years ago and they lost much more value than Bitcoin, especially LTC, ADA, XRP.
Some people say ETH is a really good buy now because it's in a way unique, like Bitcoin, but my advice is to always value Bitcoin more. Buy altcoins only when you already have a lot of Bitcoin and want to invest 5% or 10% of your portfolio into something else. Gamble a bit.
Some people say ETH is a really good buy now because it's in a way unique, like Bitcoin, but my advice is to always value Bitcoin more. Buy altcoins only when you already have a lot of Bitcoin and want to invest 5% or 10% of your portfolio into something else. Gamble a bit.
My suggestion is buy bitcoin.Because maximum time bitcoin dominate altcoins.You can make profit from altcoin in short time.But for long time btc is the right choice, and btc is safe in crypto world.if you interested in altcoins then go for ETH,BNB,LTC.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
If you want to buy altcoins, you can buy them now but remember to hold them for at least a year. Altcoin bull run will come and it will be more stronger than the previous bull run but it may take time. The true alt bull run will come when bitcoin crosses the all time high. If you do not have the holding power, you may not be able to take full advantage in that bull run.
Buying an altcoin when the value of bitcoin is rising. Not really recommended because the value of BTC is recovering from a huge loss after it gets diwn from its ATH, and that's why bitcoin is ia much better to buy than altcoin rha. Wait for the alt coin to pumps uo but definitely it might hapoen by next year.
Ans bitcoin is worth hodling while alt is not yet recommended to buy but still can be good to accumulate and sell for the high price of sats.
Ans bitcoin is worth hodling while alt is not yet recommended to buy but still can be good to accumulate and sell for the high price of sats.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
I don't think it is recommended to buy bitcoin right now, the price is still too high and you might just end up regretting buying some as its value go down. You can try buying altcoins but make sure it is included on the top list or if not, see if it has the potential to become one of the top altcoins in the making. Altcoins changes it price in harmony with bitcoin most of the time so make sure also that if you are going to buy one, always monitor the value of bitcoin too so that you may know if it is time to buy or to sell to make your investment more effective. Appreciate the help!
I always think that buying and holding BitcoinBTC is a good idea. 
But I am also a strong advocate of not putting all your eggs in one basket and that is why I would recommend you to use a little of your funds (maybe like 20% of it) to invest in Reputable Altcoins like Ethereum that has proven that they are here to stay and has contributed a lot to the development of Blockchain technology. Bear in mind that this is not a financial advice, I am just telling you my own perspective and the final decision is left up to you.
But I am also a strong advocate of not putting all your eggs in one basket and that is why I would recommend you to use a little of your funds (maybe like 20% of it) to invest in Reputable Altcoins like Ethereum that has proven that they are here to stay and has contributed a lot to the development of Blockchain technology. Bear in mind that this is not a financial advice, I am just telling you my own perspective and the final decision is left up to you.
but in my opinion, it's not a bad thing if we put all the eggs in one basket, but I recommend it only for bitcoin because, in the end, altcoin will follow the movements of bitcoin. even now it's good for investing in bitcoin, before the 4th annual event starts and historically the price of bitcoin always increases after the event. I continue to buy bitcoin when it goes down quite deep.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
Well, I strongly believe that "Alt season" is coming due to the mentioned events haha. I always think of it that way that bigger the risk bigger the prize. All I would recommend doing is that you inspect the project behind the token.
One simple way of getting altcoin season is if there has a bull run of BTC like 2017 and in such market investing in some small cap coins is of great profit as all allts generally in this phase.
Else there are different coins having short period bull run do analysis, keep an eye, set alerts of prices and get profit. This process needs lots of patience and study.
Else there are different coins having short period bull run do analysis, keep an eye, set alerts of prices and get profit. This process needs lots of patience and study.
I always think that buying and holding BitcoinBTC is a good idea.
But I am also a strong advocate of not putting all your eggs in one basket and that is why I would recommend you to use a little of your funds (maybe like 20% of it) to invest in Reputable Altcoins like Ethereum that has proven that they are here to stay and has contributed a lot to the development of Blockchain technology. Bear in mind that this is not a financial advice, I am just telling you my own perspective and the final decision is left up to you.
But I am also a strong advocate of not putting all your eggs in one basket and that is why I would recommend you to use a little of your funds (maybe like 20% of it) to invest in Reputable Altcoins like Ethereum that has proven that they are here to stay and has contributed a lot to the development of Blockchain technology. Bear in mind that this is not a financial advice, I am just telling you my own perspective and the final decision is left up to you.
Is it WORTH investing ALTS RIGHT NOW?
Appreciate the help!
Was it ever worth? Not really no. Appreciate the help!
You would be better in any point of time to just put all money into BTC and wait than investing in ALTS :]
Too many already lost huge amounts of money due to alts, no more.
If I'm correct most of the traders are earning a lot by trading altcoin instead of Bitcoin since there are many choices of altcoins they can play with using a small capital but if you are looking for long term investment then you must be very picky on choosing because some alts are have no actual plans in the long run which is why they turn to a shit coin after a few years. For me I only invest on altcoin that has been on the market for about 3 years to reduce the risk of loosing money.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams.
For old coins yes they have potential since they pass so many trials and regain there spot on the market and for sure they still have potential to go up for more,and I also think that the only reliable is with binance IEO and best for people to go but they also need to take precaution since once the token/coin listed a chance for it to get dumped is visible so sell whenever we see a profit and accumulate with dumps and by this we can earn on this doings.
Investing in IEO will be good if you can keep up and can timely dump what you have before big investors begins to dump. You are just earning form the bonuses you got for investing. But if you don't wanna do that, just keep your investing to the top ones, buy every time it dips since you are not a trader. Invest on cheap ones on top. My money is on ADA for now since we are waiting for the mainnet, its up for you to keep them after that.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams.
For old coins yes they have potential since they pass so many trials and regain there spot on the market and for sure they still have potential to go up for more,and I also think that the only reliable is with binance IEO and best for people to go but they also need to take precaution since once the token/coin listed a chance for it to get dumped is visible so sell whenever we see a profit and accumulate with dumps and by this we can earn on this doings.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams.
You have always the option to diversify or focus with bitcoin but if you are uncertain of diversifying with altcoins, you have the option to keep with bitcoin only. That's still even a good choice for someone who wants to invest.
Top altcoins means top25 or top 50?
Thanks for a nice insight, will keep everything in mind.
Any of it is good but keep it on your mind that not just because it's included into that rank, you will buy already. Don't forget to make a research about each coin that you are likely to buy before proceeding. Thanks for a nice insight, will keep everything in mind.
Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Appreciate the help!
You can do both buy more Bitcoin and at the same explore altcoins that will likely give you profit when the bull run and altcoin season comes, it's very tempting to also invest in altcoins because they have proven, that they can grow along with Bitcoin.
You can do your own research on what altcoins to invest but do not go down to the top 10, the top coins in the market are considered safe altcoins to invest.
The price increase has suddenly stopped, still, you can buy some other Altcoins for they still continue to rise at a slow movement. You need to be careful about selling them as soon as the price will decrease. Because many speculators think that the sudden price pump was just a bull trap. You need to choose the right coin to buy. If you decide to hold it for long then the time is right to buy now. but choose only the top coins in the market for they are the only coins who have a history of coming back.
It will be a bold move to invest into altcoins as most of us think it will take a huge amount of time for altcoins market to recover and as of now they are dependent of bitcoin's price increase for their growth. It's advisable to stick to coins like Ethereum, XLM, TRON and other top altcoins as we cannot depend in other coins as of now. I think we need to wait until halving as there are speculation that the value of bitcoin will drop just before halving which will drop the value of altcoins as well and I think that would be the right time to invest in altcoins.
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