Topic: Quick profit is the only reason why we invest in Altcoins - page 4. (Read 903 times)
Yes, most investors who save their money in the form of altcoins are definitely looking for profits. I think this is an aspect of all investments. After all, the goal of investing is to make a profit, whether fast or slow. In fact, when we buy gold, or anything with investment purposes, the goal is profit. hold it in the short or long term or the person's choice. So, I would also say that chances are, most of the people holding altcoins right now are expecting quick and big profits.
If that's the case, why many are still losing their money investing with the Altcoins?
Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
Altcoins are indeed risky and no one can say that it's easy earning quick profit from altcoins. However, someone who understands the market well and knows how to trade properly, and takes action after careful consideration can make things work for themselves.Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
You can't get into altcoins without having enough knowledge about the market and its movements and expect that you will get some quick profit because you will most likely get yourself burned. People say that altcoins are good for quick profit only because they are more volatile than Bitcoin in short term, but this doesn't mean there is no risk in it at all.
Many newbie investors start their journey in the crypto industry by investing in any altcoin project. Sometimes they make a profit sometimes they don't, and finally they realize that there are other crypto currencies that they can also invest in that have a high potential for a good return. They saw how other people were making huge profits from them, and they tried to learn about all those new projects and develop their own strategies. In terms of profit people invest in bitcoin also to make quick profit and altcoin is no exception.
I don't think that "quick profit" is the best term here, maybe high-risk high reward.
We all know how altcoins are volatile and risky since most altcoins out there are scams or just want to steal money from people.
It's essential for investors to conduct thorough research, consider the risks involved and have clear strategy while dealing with altcoins.
Its balance quit profit and get high risk when investing in altcoin, difference with bitcoin can't moving up or down more than 10% to 40% in daily day or weekly but with altcoin easily raise up and down drastically. We all know how altcoins are volatile and risky since most altcoins out there are scams or just want to steal money from people.
It's essential for investors to conduct thorough research, consider the risks involved and have clear strategy while dealing with altcoins.
But if want get quick rich by trading in altcoin we have prepare for high risk later when altcoin price suddenly dropping and difficult get back to the higher price.
The trader have each strategies when investing in altcoin and not interested for bitcoin investment, get small capital and difficult to earn huge amount when investing in bitcoin and make of them interested for investing in altcoin and has promising to earn much profitable in short term than bitcoin need long term.
If that's the case, why many are still losing their money investing with the Altcoins?
Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
Altcoins are indeed risky and no one can say that it's easy earning quick profit from altcoins. However, someone who understands the market well and knows how to trade properly, and takes action after careful consideration can make things work for themselves.Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
You can't get into altcoins without having enough knowledge about the market and its movements and expect that you will get some quick profit because you will most likely get yourself burned. People say that altcoins are good for quick profit only because they are more volatile than Bitcoin in short term, but this doesn't mean there is no risk in it at all.
Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin.
Well, that's how the market works. Bitcoin goes up, so do altcoins and vice-versa. Is it a bad thing that the market turns out to be like that?There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long.
Store of value? Did Satoshi say that Bitcoin is a store of value? No, but investors did. Are altcoins being unsafe? Probably most of the altcoins, but don't generalize to the point that even those top market cap altcoins are considered unsafe to invest as well. Can't be used for P2P transactions? If I bought Ethereum for you, using our fiat currency and you accepted it, isn't that called a P2P transaction? Can't be trusted to hold for too long? Completely disagree with this. I've been holding Ethereum for quite some time, and I don't see any problems holding it for a long time. I can also say that Bitcoin can't be trusted to hold for long-term, but I'd be a hypocrite if I said that because I've been holding too as well.If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
Some investors believe in some altcoin projects thus, they're investing, and holding into it. Yes, quick profit is one of the reasons why we invest in altcoins, and that's the main goal of an investor, right? To make a profit. We invest to make profit whether it would be altcoins, or Bitcoins or whatever asset it is. 
Knowing the fact that not all atlcoins will rise as bitcoin price rises so I will think other reasons are involved.
Although everyone have their different reasons for investing and the most common reason is for profit making but regardless no one have full assurance of making profit 100%, before choosing a project you must have something attached like the community development and your resource must be able to afford buying the project. With all this development and excitement some altcoins can still serve as a ponzi scheme and projects attach to ponzi scheme will not rise when the price of bitcoin rise. In as much as we want profit we should also take time to research and invest.
Although everyone have their different reasons for investing and the most common reason is for profit making but regardless no one have full assurance of making profit 100%, before choosing a project you must have something attached like the community development and your resource must be able to afford buying the project. With all this development and excitement some altcoins can still serve as a ponzi scheme and projects attach to ponzi scheme will not rise when the price of bitcoin rise. In as much as we want profit we should also take time to research and invest.
If that's the case, why many are still losing their money investing with the Altcoins?
Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
Let's stop that thinking about making quick profit with cryptocurrency because it's not easy at all, not unless luck always on your side which I think it's not possible too. Investing with the altcoins always bear a big risk, and that quick profit is not ideal with your risky investment, that can be consider as gambling actually. Analyze the trend, and invest with enough time and analysis you can do better if you will make your time frame longer.
I don't think everyone who invested in Altcoins is looking to make a quick profit; some believe in the project fundamentals as well. The ultimate objective of the majority of investors indeed is to earn quick money. Investment in altcoins is high risk, and many retail investors have lost their money. There are coins priced at over $250 a few years ago, but their value is under $10 now. Every day, new projects are entering the market, and those old projects are a dead horse except for a few. Altcoins are high-risk, high-profit investments.
It is proven that when it comes to sweet and quick gains, altcoins are the ones who give them profits and gains faster. Even without considering the high risk that these projects may be scam projects or fail in the future,. There are investors bound by greed to make so much money that they wouldn't make any inquiries or research and would instead invest in pump and dump tokens. If you feel they are interested in the fundamentals and future of the project, why do they not stick to these projects for long?
Those Investors who invests in bitcoin don't invests in that platform just to put smiles on their faces that they have assets in the bitcoin industry and it is applicable in all sorts of investment sectors. They primarily gets on the bitcoin investment to make profits and so if after analysing at the industry and you finds out the profits would come only when you could hold and hodl your coin or a long time with the potential of less risk to loose. This is just how bitcoin is programed and as for AltCoins, it is a technological system of crytop investment which has a potential to lost of investors funds if holding and hodling for a long time goal. While the strategy of managing investors risks involves a short term investment due to the weak and high rate of its volatilities.
It is all about making profits that is all concerned in all ramifications of investment so if you have a system that can offer you a quick income as a desire then chase after it and if you wants a long time based on making profits and it is also to your desires then go for it as desires.
It is just all about making the money in profit levels so, there is every reason why Investors would Invest on the AltCoins in as much it gives the profits.
It is all about making profits that is all concerned in all ramifications of investment so if you have a system that can offer you a quick income as a desire then chase after it and if you wants a long time based on making profits and it is also to your desires then go for it as desires.
It is just all about making the money in profit levels so, there is every reason why Investors would Invest on the AltCoins in as much it gives the profits.
I don't think everyone who invested in Altcoins is looking to make a quick profit; some believe in the project fundamentals as well. The ultimate objective of the majority of investors indeed is to earn quick money. Investment in altcoins is high risk, and many retail investors have lost their money. There are coins priced at over $250 a few years ago, but their value is under $10 now. Every day, new projects are entering the market, and those old projects are a dead horse except for a few. Altcoins are high-risk, high-profit investments.
Investing in Altcoins had been what so many invested have been looking at these period. Believing that bitcoin's bull run will surely influence the price of the altcoins and hive them massive gains. Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin. There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long. If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
It seems like the most common reason is because buying altcoins is the easiest way to double our Bitcoins, although this all has to be done with great care because it could turn out that the altcoins turn to ashes and make our Bitcoins decrease, but if you can choose the right altcoin then it will increase big chance that we will get Bitcoin and when Bitcoin reaches its latest ath, our profits will increase even more. And other reasons such as believing that altcoins have potential but the end goal is to get big profits, while those who like peace of mind will choose to buy Bitcoin directly and store it with using DCA or other methods that their believe will give good way to increase their investment in Bitcoin.
Investing in Altcoins had been what so many invested have been looking at these period. Believing that bitcoin's bull run will surely influence the price of the altcoins and hive them massive gains. Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin. There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long. If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
Profit is the motivation of every investments. The search is for higher profit with least risk, the sweetest spot on the graph.
Crypto is no longer a rise and rise only sector. We've seen some metrics that may restrict the use and price of a coin. For most it's the transaction per second and the amount of fee you are paying for a transaction.
This is why bitcoin rising to 1M or 1.5M could be possible but it's hard to believe it would go crazy like 5M with it's current technology. i.e. no one expects to get x10 with bitcoin.
But for altcoins that are new with modern techs, x10 are seen even without a bull and a price rise as high as x100 are still a possibility.
The Bitcoin halving is fast approaching and it always makes a great impact in the cryptocurrency market after halving has been taken place, in which as Bitcoin start moving on uptrend trading candles, others alt-coins follow pumping as the case may be. Because Bitcoin is the driven force of cryptocurrency market.
I have not seen anyone getting quick profits by investing in altcoins unless they have invested in the early stages.
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Of course people do. Even after missing the initial launch, most investors get caught still buying Altcoins long after its launch (because they see its ability to still make them money quickly)
Quick profit is definitely a fact for the majority of people who invest in Altcoins, but it isn’t the case for everyone because there are still people who invest their money because they believe and support the technology. Of course they’ll want profit but they see the uniqueness in the project and don’t usually feel rush for quick profit.
Making quick profit from altcoins has also be a reason why many lost their hard earned money. And this mindset of making money quick is a big problem to beginners. Some altcoins are profitable if invested but having so much expectation to make money from altcoins can make one to lose mich. Altcoins are very really risky to invest and are very unpredictable which you can't tell if you are investing a scam project.
This is a necessary cycle for a beginner, lose your first deposit. If this mistake does not teach you anything, it is better not to invest in cryptocurrency. Many people can really give money to scammers or invest in a dead project after hearing about it from youtube. But with time comes experience and patience, which will eventually bring profit. 
Making quick profit from altcoins has also be a reason why many lost their hard earned money. And this mindset of making money quick is a big problem to beginners. Some altcoins are profitable if invested but having so much expectation to make money from altcoins can make one to lose mich. Altcoins are very really risky to invest and are very unpredictable which you can't tell if you are investing a scam project.
Investing in Altcoins had been what so many invested have been looking at these period. Believing that bitcoin's bull run will surely influence the price of the altcoins and hive them massive gains. Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin. There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long. If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
Aside quick profits there can be several reasons for investing in altcoins, many of the altcoin have features and real life applications that might be an individual interest in solving a specific real life problem making it stand out from Bitcoin or having same functionalities in certain features and can serve as an alternative to Bitcoin.
An individual can decide to invest in altcoin with the sole reason of being a part of the project early adoption with conviction of the project making advancement such that they will become a beneficiary if the project finally become successful irrespective of the time frame.
If it's quick profit, most investors would be doing what we call turn over in business, that is, it's better they will be making 100 dollar everyday, than waiting to make 500 dollar for a week, so why am I saying This, no, it's not because of quick profit, it's because of higher reward, so it quite normal that we as a person care more of our pocket, so sometimes we forget to take precautions of how risky it is to invest in alt and meme coin, because the rewards attached to it is very good and sometimes it is a risk worth taking.
There is this concept of Bitcoin as a paradigm and that it have surpassed the stage of making huge profit has of before when it all started so developers who saw the opportunity of Bitcoin dash down to copy the Bitcoin code and created coins that people who missed Bitcoin when it was just a dollar or below could probably still be opportuned to achieve such success as those who invested in Bitcoin in the early stage.
Do the concept of Altcoins is to fill up the Gapps that Bitcoin have created and creating more opportunities for people to make more profit. but what is really distorting the goal is the rate at which people create their own Altcoins just to build up the hype and run away with the funds.
Do the concept of Altcoins is to fill up the Gapps that Bitcoin have created and creating more opportunities for people to make more profit. but what is really distorting the goal is the rate at which people create their own Altcoins just to build up the hype and run away with the funds.
If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
That's the realest answer and all is about the profit. Forget about the technology and potential, all of us share common interest in investing into altcoins and that's about the profit. There's no need for us to have some other reasons just because we're supporting a project or not but in the end, it's all about the money matters and the profits that we can make. So with that, it's realizing that many investors don't really invest because they see it as something good in the future but as long as they can make money from it, that's where everyone is investing. Jump to: