All the alts, especially ONT, that I hold saw much greater %gain vs. BTC.
Some even gained while BTC was in the red!
Topic: Is there really any point in buying alts right now, I personally don't think so. - page 2. (Read 465 times)
April 10, 2018, 08:17:44 PM
April 10, 2018, 07:11:55 PM
General rule in Do your own research on crypto and buy the f*cking dip, At this moment we are concerning of the price movement especially on bitcoin price coz. It's like a domino they are all in touch of each other so whatever the trends looks like they all follow to bitcoin's trend.
April 10, 2018, 06:15:19 PM
To be honest with you, I disagree. I think we are coming to the end of the downturn and within a month or two we could see another alt coin season. just my personal opinion though
April 10, 2018, 06:03:54 PM
that's true, sometimes a lot of wrong perceptions, nowadays many people buy because of its low price, but when prices fall again they become panic. they just think of a profit, without an analysis and they want to get rich quick.
for me one of the investment objectives is to generate profits. In general, investment objectives seek profit, To earn a fixed income in each period and to establish a special fund, such as funds for the benefit of expansion, social interests. April 10, 2018, 05:27:51 PM
I think in terms of price there is validity in investing in bitcoin or the high cap coins. Only the problem, you might miss the train on some projects.
I think there are a number of very good projects that have just been recently listed that it would be great to own some. This is expected of course as the technology matures I feel you should have your money where you wouldn't lose sleep over
I think there are a number of very good projects that have just been recently listed that it would be great to own some. This is expected of course as the technology matures I feel you should have your money where you wouldn't lose sleep over
April 10, 2018, 05:24:58 PM
I really cannot understand what is the point, I mean altcoins dropped as much as bitcoin so there is definitely point on buying altcoins for people targeting next 2 years profit. Prices are god damn cheap now can't you realize it?
April 10, 2018, 05:01:17 PM
I dont agree with you because you can buy a lot of alts with huge discount now.There are a lot of perspective projects and coins with good developer team.
April 10, 2018, 03:43:13 PM
Unless you are looking for a very long term investment, virtually all alts are just following bitcoin price, in fact most alts are getting weaker and weaker including big ones like eth or ltc, compared to bitcoin. I have been trading bitcoin only lately because there is really no point in trading anything else right now. Until we see the market recover and stabilize a bit which could happen soon or could take years, I really don't see much point in buying alts for the short term.
For now, I don't think it's the best idea to buy alts. Wait until they actually bottom out and then buy. I'd say that would happen when bitcoin reaches around $2000 and the entire altcoin sector is in turmoil.
But holding your existing alts until the bullishness comes back isn't a bad idea at all.
In a bear market alts will fall quicker than BTC, and if you invest now with the intention of trying to get profit in a short period of time, it's not going to happen. Although if you are holding for the long run, you can definitely get a profit by buying in right now.
April 10, 2018, 03:04:01 PM
I'm all for alts. When we speak about 10x and 100x gains this is the right way, but only with a good research.
Safer options like Bitcoin and Ethereum etc. are also a good investment.
Safer options like Bitcoin and Ethereum etc. are also a good investment.
April 10, 2018, 02:44:17 PM
Short term is trading. Long term - investment. For trading, in crypto is always a good time, as this market is very volatile. Investors are now hurt to look at prices. But this will change and we will see how some alts will rise relative to the BTC again.
April 10, 2018, 02:03:31 PM
There are some really good alt coins that I'm collecting profit on in terms of BTC. I'm losing in $ obviously, but gaining some in BTC. Alts are good for day trading, selling off hype, etc. right now. And there are some great projects as long term investments as well.
April 10, 2018, 01:52:26 PM
I think it's no point at all to buy alts now, everything depends on bitcoin right now.In short-term alts bad investment
I agree with you. It is better to invest in ICOs. According to analysis tokens of exchanges give good gains. For example there is lccx.io - looks like promising exchange based in London. Well developed white paper, experienced team, located in politically stable jurisdiction. April 10, 2018, 11:56:05 AM
buy the dip and sell the high is rule, this dip is not the first dip to happen nor it is the last one, most of the alts are in accumulation phase and keeping in mind a long term strategy, one should buy the dip while diversifying, you may never know one when might hit the jackpot so in terms of investment perspective it is a decent time to buy some alts and forget about them. someone else will appear to buy your bag, just HODL.
April 10, 2018, 11:55:21 AM
Unless you are looking for a very long term investment, virtually all alts are just following bitcoin price, in fact most alts are getting weaker and weaker including big ones like eth or ltc, compared to bitcoin. I have been trading bitcoin only lately because there is really no point in trading anything else right now. Until we see the market recover and stabilize a bit which could happen soon or could take years, I really don't see much point in buying alts for the short term.
Altcoins have always followed bitcoin, they make a significant profit in the uptrend, but also they can make big losses during the downtrend of crypto derivatives. The best strategy during the downtrend of the market is to work with bitcoin or use short positions in the market of crypto-derivatives. Also, you can make profits in stable tokens like tether, but there may be problems with it.
April 10, 2018, 11:49:16 AM
few altcoins is in good buy zone, its depending on my trading strategy
but, remember without altcoins, how can we increase our bitcoin amount,
because, as i know cryptocurrency trading with Altcoins and Bitcoin pairs is one from many way to increase our bitcoin amount
but, remember without altcoins, how can we increase our bitcoin amount,
because, as i know cryptocurrency trading with Altcoins and Bitcoin pairs is one from many way to increase our bitcoin amount
April 10, 2018, 10:46:48 AM
I think it's no point at all to buy alts now, everything depends on bitcoin right now.In short-term alts bad investment
April 10, 2018, 10:35:43 AM
That really depends on what you call short-term and long-term investments. We hope to see the market recover this summer and if that is really going to happen then buying alts now and holding for about 4 months can turn out to be very successful. The coins are down and if one's funds are not then now is great timing! Well, if you feel paranoid about investing in altcoins then you can just buy bitcoin. I am sure we'll see its tripled price in 2018, most of us are. That might be not so much, but it's still great profit imo.
April 10, 2018, 09:42:45 AM
in bear market ppl trade for more alts, and some ppl still get profit.
still we need some ppl to buy in this situation or market never recover
Because they are trying to take any opportunity from the bearish trend of market itself. By bought more and more altcoin at the bottom and they are expecting to get profit as soon as there will be another jump again and they will be sitting on the decent profit just in short time. But that's always become the best way to do at bearish trend. still we need some ppl to buy in this situation or market never recover
April 10, 2018, 09:35:57 AM
Its a total gamble for me. And i am willing to take all the risk just to earn big. There are so many good alts in the market. And we can buy them at low price.
April 10, 2018, 09:11:33 AM
Unless you are looking for a very long term investment, virtually all alts are just following bitcoin price, in fact most alts are getting weaker and weaker including big ones like eth or ltc, compared to bitcoin. I have been trading bitcoin only lately because there is really no point in trading anything else right now. Until we see the market recover and stabilize a bit which could happen soon or could take years, I really don't see much point in buying alts for the short term.
even for me at this time that see this less stable condition we can use. Especially that Altcoin price is currently in a very difficult market conditions to predict. If calculated then Investing with Altcoin with a short time is the best option, Altcoin is not a good investment used in the long term, Altcoin too much risk so that the best time is to make decisions when it is seen profit margins. To me that little profit is not a problem, because the most important thing is that I can earn a stable and regular income. It will be much better because we will earn a sabil income every time. Jump to: