For every winner, there is a loser.
The ranks of alt crypto have been shrinking for some time now so the experienced schemers and pump-and-dumpers are really the only ones who are making the real profits. You make get lucky if they decide to pump a shitcoin you happen to hold, just know when to cash out.
Topic: Is it worth to buy altcoins? (Read 2008 times)
Altcoins are where the real profit is made right now.
If you know what to look for, study the trends and pay attention to what's going on your potential is unlimited.
Listen to the minority who show they know how to think for themselves and not the majority who complain about things that are irrelevant.
Misery loves company and this forum is full of miserable people who will try to get you to join their bottom ranks. Rise up to the challenge and you will raise your wallet balance in the process.
If you know what to look for, study the trends and pay attention to what's going on your potential is unlimited.
Listen to the minority who show they know how to think for themselves and not the majority who complain about things that are irrelevant.
Misery loves company and this forum is full of miserable people who will try to get you to join their bottom ranks. Rise up to the challenge and you will raise your wallet balance in the process.
its very riskly:(
Depends entirely in which coin you decide to invest.
Best to get the coins for "free" via mining or whatever other way of distribution there is.
So you ask if it is worth to buy altcoins?
the true answer is Yes!
if done right, it can help you to increase your number of bitcoins.
good luck
the true answer is Yes!
if done right, it can help you to increase your number of bitcoins.
good luck
Watch VPN Coin....... Great featured wallet and good Dev. in Backed.
It can be worth it but it takes time and patience to study and trade alts. I'd p[refer to stick with btc and hold that as an investment.
What goes up must come down though. Alt coins are only worth buying into early then dumping when you can. I personally don't bother with them anymore./
https://i.imgur.com/vLWeHMg.png
http://www.dc-charts.com/chart_uno.php?ex=2&cu=0&sw=0&tz=7&ar=1&dl=0&js=0&sc=1&re=0
Last 6 months of Unobtanium (UNO) speaks for itself.
http://www.dc-charts.com/chart_uno.php?ex=2&cu=0&sw=0&tz=7&ar=1&dl=0&js=0&sc=1&re=0
Last 6 months of Unobtanium (UNO) speaks for itself.
What goes up must come down though. Alt coins are only worth buying into early then dumping when you can. I personally don't bother with them anymore./
Majority of altcoins are scam, which mean you could lost everything. Some altcoins also give you big rewards, do you willing to take the risk?
All depends on if you want to baghold, or do some small trades. Me personally, I'd watch the doge and ltc markets and try and buy some on the cheap.
I own a small amount of darkcoin, its has some really cool features and has been around longer than most of the other alt coins on the market
IMO,
1st: Bitcoin
2nd: Litecoin
3rd: Darkcoin
Please don't just buy these 3 coins because i like them, do your own research. There is just too many pump and dump scam coins out there.
I can't stress this enough, Do your homework before parting with your hard earned cash.
If you are looking for a get rich quick coin then im sorry to say but i think those days are over now.
Best of luck with whatever you decide to purchase and be careful.
IMO,
1st: Bitcoin
2nd: Litecoin
3rd: Darkcoin
Please don't just buy these 3 coins because i like them, do your own research. There is just too many pump and dump scam coins out there.
I can't stress this enough, Do your homework before parting with your hard earned cash.
If you are looking for a get rich quick coin then im sorry to say but i think those days are over now.
Best of luck with whatever you decide to purchase and be careful.
Is it worth to buy any altcoin other than bitcoin?
Are some of them expected to rise indefinitely in the future, like bitcoin?
Can other coins behave exactly like btc, with bubbles and stuff?
Are some of them expected to rise indefinitely in the future, like bitcoin?
Can other coins behave exactly like btc, with bubbles and stuff?
is it worth to buy? - certainly yes but not just any coin. 95% are scams and shit and you will loose all your money on them. The legit ones however can make good profit. Like really good profit - alts with small cap are much more volatile than bitcoin. We see moves of sometimes 1000% on a coin.
Rising indefinately: no coin can rise indefinately as the sellpressure from the miners always pushes the coin back down. So if you believe bitcoin can go up indefinately: it's a lie, it can't
Are bubbles possible? Yes they are of course. See Litecoin bubble in 2013 (going from 2$ to 50$ in a few days)
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recommendation for noob: stick to established coins and always do very good research before you put more money in a coin and also don't go big in the beginning. Stay away from very new coins if you are not knowing very, very good what you are doing.
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Uno is good currently, solid coin, good swings, trend is up
by the way one of good coins to buy can be the burst coin i just mine and sell but i mean it may even rise more than 270 satoshis per coin it can get to 400 after 2 or 3 weeks we wait and see if you have the decison to buy i do aprove.
Is it worth to buy any altcoin other than bitcoin?
Are some of them expected to rise indefinitely in the future, like bitcoin?
Can other coins behave exactly like btc, with bubbles and stuff?
Are some of them expected to rise indefinitely in the future, like bitcoin?
Can other coins behave exactly like btc, with bubbles and stuff?
Its not realy worth holding on to, but u can make some profits trading and dumping before its too late.
try to observe 2-3 altcoin that may have a chance for increase in price, and then just remember not to hold for too long.
its a risky world , but profits are not bad if ure good.
cheers
I would focus on altcoins that solve a problem of bitcoin, or that at least do something different.
There are the main PoS altcoins: Peercoin, Nxt, Bitshares and Blackcoin.
There is the PoB altcoin Slimcoin (SLM).
There are "consensus" coins like Ripple and Stellar, and there is Timekoin too.
All these algorithms aim to reduce the energy consumption of the network, one of Bitcoin's most remarkable problems. If they succeed, they can become real competitors in the future.
There are the main PoS altcoins: Peercoin, Nxt, Bitshares and Blackcoin.
There is the PoB altcoin Slimcoin (SLM).
There are "consensus" coins like Ripple and Stellar, and there is Timekoin too.
All these algorithms aim to reduce the energy consumption of the network, one of Bitcoin's most remarkable problems. If they succeed, they can become real competitors in the future.
Yes , it is worth to buy those altcoins which have good marketcap , active development , community support . But majority of altcoins are pump n dump and plain gamble.
^ I have made quite a hefty profit off stellar, but you would need to buy at the right time. I wouldn't look at Doge at the moment, will crash(again). Litecoin is decent.
Basically just look at stellar, not Ripple, that's pretty much controlled by it's devs.
Basically just look at stellar, not Ripple, that's pretty much controlled by it's devs.
This is the kinda advice that's going to make XRP explode when everyone tries to get in at the same time one day.
well alt coins never are just a rising thing but if you buy with the low teendency and the see it rise and sell you have porfit its market soo alt cons are just as good asn any coin to buy and sell
Yes
i buy crypto assets only and very few coin. nobody use coin
Not true, I use mainly LTC. It's fast and has a powerfull network too. With current LTC value it's exually a very good time to buy some LTC cheap.
LTC might be worth a buy but it suffers from lack of adoption. I think it will always be bitcoin's little brother so I'd still rather put my money in bitcoin.
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