Topic: Look out for a good Altcoin and buy now! - page 2. (Read 798 times)

That is the irony of the market. Many have thought that bitcoin price will pump and after the ETF approval, but the reverse has been the case . This will however ease the expectations of the people about Ethereum ETF approval because it can still take the steps of the bitcoin ETF. I can confidently confirm that the ETF has no positive effects on bitcoin, even if the bitcoin prices rises tomorrow, there will be no confirmation that it is because of the ETF that pushed the price upwards, besides there's bitcoin bull run that is upcoming, it could take the glory even if another moves the market.

Please remain with your idea of buying bitcoin with DCA, buy as much as you can even now that the bitcoin price has reduced. The last time I made a mistake to buy another coin apart from bitcoin, I am still suffering it now. For the case of dodge coin, I think the time of dodge is up since there are so many other promising meme coins like Pepe, bonk and others. Anyone investing in doge should ensure that Elon Musk has not left the coin.

Because you thought already that Dogecoin never gives you the desired profit that you wanted to get and many people the same.
But we can't set aside the fact that these meme coins give huge profits for some people which we can't experience with known coins in the market. Can't just ignore how Shiba Inu and Pepe coins become an interesting investment for most. Unfortunately, these meme coins have not been made for long-term investment as they just come in the hype, make a pump for a while, and then settle down.

Their existence may not good as we think but they have also contributed to the market interest of the people. It is somehow we can't deny that many of them are scams.

Yes, it frequently happens that when Bitcoin goes up, the altcoin price will go up too. If I have to give the description behind that, it is probably because people are focusing on Bitcoin as the pioneer and look up to it. People are investing their money, especially in the journey to Halvening, where people believe that the bull run will start soon. When the price of Bitcoin goes up, some of the new investors jump in, don't care how high the price is, and then make Bitcoin reach its new ATH. Some old investors who already hold it longer start to liquidate and take some profits to then put it onto some ALTcoins (making the Bitcoin dominance index decrease) and focus on ALTcoins and make the price go high just like they did on Bitcoin, and it becomes a cycle.

For some altcoins that I hold now, I'm focusing on one new hybrid exchange that's claimed to be the first Shariah-compliant hybrid exchange that solves how we trade nowadays. It's the combination of good features of DEX and CEX, a place where you can trade in an uncustodial way. You just need to connect the wallets to the platform without sending them to the exchange's hot wallet, so you still have your assets and can keep them, but in another way, you can still get the efficiency of a centralized exchange. Besides that, you'll get 50/50 profit sharing from the platform's advantages. The project is called Biokript ($BKPT). Biokript has other advantages, and it's ready to fly in the next bullrun.

Memecoins do give big profits sometime, if you get on them at right time. they have the potential to turn $100 into $100k within a day. but you are right about about them too. they are too risky to get in for everyone. I try to buy $10 of memecoins whenever they come new. this amount is not too big so I don't mind if it didn't turn well. and if it o other way and memecoin pump. it is easy 10X 20x or even 100x sometime.

First time hearing about these projects. would definitely take a look at these. might be good options to earn some profit while waiting for next bull run.

Despite of the success Dogecoin has and how it's value significantly increased, not to mention the hype around it, but not including it on the list of the altcoins where you put your money is considered a good decision. I wouldn't want to risk my money in something that would vanish anytime now in an instant. Being a coin that has no real use cases is such a big no no for me. I'd rather have bitcoin purchases in small fractions via DCA, that way I have higher assurance of profit.

yes the ETF was approved and after that the price of bitcoin rose drastically, but recently the price of bitcoin has actually decreased. Always be careful with your investments because after there is a peak there will most likely be a cliff. All the altcoins you say are popular altcoins and worth investing in (for me Doge is not included), but you also have to do an analysis to determine the best time to buy.

The day Bitcoin ETF approval was announced, the price of Bitcoin peaked at $48,000, but since then the price of the coin has started to fall again.We know that when the price of Bitcoin increases, the price of other coins in the market also increases. Especially in the cryptocurrency market, when the price of Bitcoin increases, other alt coins also increase in price.

I think everyone can afford to buy Bitcoin now because anyone can start investing in Bitcoin with a small amount of money using the Dollar Cost Averaging method.

Still many prefer to invest in altcoins instead of investing in Bitcoin. Along with the alt coins you mentioned, I would like to mention some other coins like Litecoin, XRP.

I think all alt coins including BNB Ethereum Solana Lite Coin XRP will increase in price when bullrun starts in the cryptocurrency market.

Actually, there are chances to get rich quickly in the crypto industry by investing in some new altcoins but the risk is higher than investing in those already at the top. sometimes investors are willing to take the risk and when they see some altcoins that are gaining momentum, they don't hesitate to join the others to buy it but they use all the money they have in order to multiply it after a few days when the coins become a trend. But this is not recommended because this is gambling your money with just a little knowledge of investing in altcoins and most of the time, they lose their investment due to the fact that they got victimed by pump and dump coins. so At the end of the day, it always returned to having enough knowledge when doing that because you need to know when to sell your altcoins at the right time as well.

All the altcoins you mentioned are good especially Ethereum and with the current value now it's best to start investing, when we speak of good Altcoins I believe new projects should not be mentioned and even if you feel like investing you should be careful and invest at your own risk, if truly you have the faith that these coins will reach an ATH then you should spread the investment and not only invest on Ethereum but rather go for bitcoin with some additional two you mentioned and bitcoin should take the highest amount since we've not known the strength of those coins you mentioned, so if one doesn't go as plan you still hope on bitcoin but Ethereum is guarantee no doubt.

To get rich quick you have to wait a bit and invest in those coins that can give you long term benefits because some of these coins are often  goes 10x 12x. If we are engaged with day trade what we have again and again, then this will give us enough loss because in short we don't even understand where to buy and which time to sell.

My advice for those who don't have enough opportunity to buy and invest in bitcoins and those who think that I have $2300 then which coin should I invest in? My advice is to buy and hold an Ethereum. The list that you have made is very nice if I were to hold it I would definitely buy and hold an Ethereum because a small amount of Bitcoins for an Ethereum is better to buy and hold an Ethereum than a small amount of Bitcoins. If Bitcoin reaches $100,000 in the next bull market, Ethereum will surely reach $10,000.

As a direct answer to the O.P. -

Coins Out Of Favor With The Social-Zeitgeist But Quietly Developing Big Things
ADA
ALGO
XLM

Coins In The Social-Zeitgeist But Have Valid Utility
LINK
SOL - note on SOL, personally I think SOL is going to go the route of a direct-to-consumer provider of blockchain goods and tech, but that's me

New Hype Alts That Could Either Be Smart Investments Or Could Instead Be For "Summer of the Beanie Babies" (for anyone who understands that reference)
KASPA
CASPER
NOSANA

I don't do meme coins. The social-zeitgeist by the grassroots investor population is enough for me in that regard.  

I hope that gives you some options to consider.

The value of altcoins has also changed since Bitcoin adopted ETF. Bitcoin also compares with many other coins, which is why the altcoins market is currently pumping a lot. Of course, if Bitcoin reaches $100,000, altcoins and their value will feel the same and increase. If a few like Solana, Ethereum, BnB and Doge, Ordi can be invested, then when the price of Bitcoin will increase rapidly, these coins will go to higher places. When Bitcoin reaches its peak, these altcoins will increase greatly, so investing in them can be very profitable.

I would agree with the 3 coins that you shared because they're established coins already. However, I don't want to buy DOGE just because there are other altcoins out there that are way better than it. Sorry it seems like I'm a hater of meme coins, but TBH, I don't want to buy and hold coins that has no use case at all.

This is my own opinion only. I think I will swap ATOM with DOGE. I might be bias, but ATOM has been at the top ever since, and has more use case than DOGE. Another reason why I choose ATOM over DOGE is the fact that you can get some airdrops just by holding, and staking it. SOL, BNB, and ETH also gives tokens to the holders of their tokens. DOGE isn't.

Well, whether it will be DOGE, or ATOM, or ETH, all of them will just rise when the bull market comes right, so I guess holding all 5 of them until the bull run starts would give you profits.

For me, I buy coins with lower market cap to the ones you mentioned. Why SOL, Ethereum, BNB and Doge. Honestly, all I do with these coins is pair them with Bitcoin with Bitget smart portfolio to buy more Bitcoin as they pump against, While I'm looking out for coins like them with Lowet market cap.

Yes when the price of bitcoin rise, those legit coins will also follow it to the All Time High. Remember not all altcoins will rise oh. Be careful with the investment. The approval of bitcoin ETF is a plus to the bitcoin community because the adoption rate will definitely increase. If bitcoin hit $100k then Ethereum and BNB and Doge coins will do well at that time.

Therefore if anyone is interested to buy and make profit at that time should go for those coins are good to buy now and hodle them till the promised land.  But know when to buy so that you won't invest in vain.

Well the next cryptocurrency that may face approval in ETF is Ethereum(at least if things does not change as it goes now)  so indeed that we must accumulate as many ETH as we can afford to invest and risk.

Solana on the other hand is one of the most promising and having best future in this halving season because once the effect comes to Bitcoin then for sure altcoin will follow and indeed that we will be seeing SOL and Binance on that center of growth.

Investors really need to begin to think about the risks they are taking before investing in any altcoin, because while it is true that if they can invest in the right coin early on they can make a lot of money, an amount that most likely cannot be made with bitcoin anymore, how many coins like that exist? And how likely it is that they will buy that coin? Investors really need assume the worst, as once they do that the losses they suffer will go down and they may begin to see their portfolio growing.

We can always increase or lose our funds when we invest in cryptocurrency so we don't need to be too confidence about projects we are putting our funds into before we invest our money. It is very important when we make decisions that would help us get prepared and not suddenly miss out from the profitable projects that could give us lots of money in the crypto market. Any wrong decisions we make investing in the wrong coins can make us lose bigger than what we ever expects.

.it is not all cryptocurrencies that has the tendency of giving investors good profits and it is not all altcoins that are reliable for in making good gains. Investing in ethereum and bnb is not bad, this is are the altcoins that one can hope on for better profit, but as for others one needs to be careful and make proper research to check if it is worth investing. Altcoins are very risky to invest,  research needs to be done to be at the right Track of making a better investment.