And the question is will all the altcoins will for suit and bitcoin price soar up to the sky? And if yes then it ought time you have to check all the altcoins to see if all are moving up. Investors of Altcoins only select the quality coins to invest and not anyhow coins in the ecosystem. Quick profit in cryptocurrency is the one making some people to be disappointed so if you are investing in altcoins don't think of harvesting in in a short period of time but keep it for years and see how the project and improve.
And don't invest heavily at the first two years in the project but invest what you can loss and it will not pain you if anything happens to the project. Then when you discovered that it is good to invest more then you can top more.
Topic: Quick profit is the only reason why we invest in Altcoins - page 6. (Read 903 times)
Nothing's assured eitherway so I guess this is not true. Indeed due to higher volatility with altcoins' market price, it could generate 'quick' profit however to the same reason, it may also trigger sudden loss. Keep in mind that not all altcoins are having 100% recovery on its market value, especially the newly listed ones. You might take the courage to invest with new projects because of high chances for profit however same thing could happen with sudden declines on its value. Analogy is that it could go from 0 to 100 in a few days or weeks but can also go 100 to zero in a single day. You may engage with short term investments in altcoin but always mind the risk concerning price changes out of nowhere. This simply proves that there's no such thing as easy and quick way to earn profit in this industry. It will always depend on how the investor will minimize the risk present in this industry in general.
there are some who will say yes and some who won't.
because when there is an intention to invest in altcoins, of course, people who really understand.
about altcoins and how the profits and losses are.
if just to put curiosity alone mending undo the intention, to invest in altcoins.
because when there is an intention to invest in altcoins, of course, people who really understand.
about altcoins and how the profits and losses are.
if just to put curiosity alone mending undo the intention, to invest in altcoins.
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.
We all came here for the profit, and I can say that many are into short profits because they are just following the hype.There's still risk though and you should be more careful if you are going to play short, the greedy you become the higher the risk you are attracting. Altcoins are here to stay and good projects will continue to offer a good service, I don't think they are just for a quick profit because the top altcoins have their own network that can actually benefit the crypto market.
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.
First off, I think you posted in a hurry without cross-checking your syntax and spellings. However, your position and disposition to this whole investment thing is well understood. Yes, it's different reasons (strokes) for different folks while they invested or are investing in whatever asset they like. We expect quite alright that whenever Bitcoin has a rally, altcoins follow suit thereafter. Sadly, we didn't experience that in the last Bitcoin move in 2021. Altcoins didn't go on a bull run to the best of my perspicacity. I know we aren't going to miss that rally this circle and that's why the whole industry is excited and gearing up.
Another reason investors put their money into altcoins is the simple logic of quantity. With a little cash they can easily get enough quantities of some alts and they expect that any zero in price that's cancelled already puts them in massive profit. So, the ROI factor is always there. Bitcoin won't give the type of ROI altcoins give within a short period of time.
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.
Apart from short profits, perhaps some altcoin investors think about the price fluctuations of altcoins. it can be like pump then dump and then pump again. Such market situations are normal for altcoins with a fairly large market community.
not without risk, but they take advantage of such asset price movements for greater profits. they take risks and that is what they bet on for profit. There is nothing that will provide benefits in a short time, everything is in the process of in-depth analysis.
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.
Its just not the quick profit as long term on good projects will make much more profit
We know that money will not reproduce by itself. The world of cryptocurrency is very tempting. There are many methods that can be used to gain profits. One of them is bitcoin which continues to rise every year. Apart from that, the presence of new coins and tokens is also give an attraction, where they can participate in project development and buy coins or tokens at low prices and then selling them when published at a higher price. In other way, trading and mining can also be a source of income for investors, not to mention other rewards that can be obtained from airdrops and bounties, which will certainly make the crypto world even more popular. I Think this is the reason why investor dive into crypto.
Of course, where there are benefits, there must be different risks. Crypto requires people to have enough knowledge so they can prevent their losses. Without adequate knowledge, entering the world of crypto is like entering a spider's web, and the possibility of losing everything is greater.
Of course, where there are benefits, there must be different risks. Crypto requires people to have enough knowledge so they can prevent their losses. Without adequate knowledge, entering the world of crypto is like entering a spider's web, and the possibility of losing everything is greater.
It's challenging to expect ‘quick profit’ when investing in altcoins because not everyone actually profits from it. Most of the time, the majority end up losing because out of the hundreds of new altcoins emerging, only a few or almost none succeed. Even investing in older altcoins may not guarantee immediate profit since their prices sometimes drop right after purchase. Perhaps only a handful of individuals manage to achieve quick profits, not the majority.
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.
I can't deny that people invest on altcoins especially new projects to make quick money but there are certain altcoins that long lasting for years like monero, ethereum, Litecoin which definitely possible only when there is enough community support.
People who buy new projects either a whale or influenced by someone because they have been told that it will be a next big thing so they have a delusion of they missed to invest in Bitcoin so they feel it's good to take the risk with xyz coins.
Aside from the belief of the technology and use case that they have, it's also how profitable they are as what they believe.
There are comparisons for the gains that they make in Bitcoin and also in altcoins. But if it's about with the assurance, no doubt that you can sleep well while holding Bitcoin.
Whilst for the volatility of most altcoins, they can fly by night and be gone by tomorrow in terms of liquidity. This applies to those projects that are unknown but as with the established ones, it's about the ups and dumps.
There are comparisons for the gains that they make in Bitcoin and also in altcoins. But if it's about with the assurance, no doubt that you can sleep well while holding Bitcoin.
Whilst for the volatility of most altcoins, they can fly by night and be gone by tomorrow in terms of liquidity. This applies to those projects that are unknown but as with the established ones, it's about the ups and dumps.
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 for quick profit I think the gaining potential is the other main reason why people keep investing on altcoin despite volatility. Every crypto trader and investors always dream to experience same profitability of Bitcoin investment during early days that’s why many keep looking for that gem coin that can good that kind of profit opportunity even if the project is high risk.
Therefore it’s not about quick profit rather due to profit potential it can possibly give once the project become discovered which we already witnessed that tons of them become successful like BNB, ETH, Doge and many more that started from almost zero price.
There are lots of benefits or advantages altcoins have over bitcoin.
One would be their lower transaction fees and faster transaction times. I have seen lots of businesses that offer services or products to be paid in altcoins instead of bitcoin because if they were to pay in bitcoin, it would take them forever and not to mention the incredibly high transaction fees.
Second would be since altcoins are relatively cheaper, some investors invest their money in hopes of making huge profits. Some investors are trying to catch the ‘next bitcoin’ of course that is quite difficult to catch because no altcoin, not even ethereum, has reached the success that bitcoin has.
There are lots of types of altcoins that cater specifically to different kinds of people hence i know a lot of people who actually prefer using altcoins than bitcoin especially for everyday transactions
One would be their lower transaction fees and faster transaction times. I have seen lots of businesses that offer services or products to be paid in altcoins instead of bitcoin because if they were to pay in bitcoin, it would take them forever and not to mention the incredibly high transaction fees.
Second would be since altcoins are relatively cheaper, some investors invest their money in hopes of making huge profits. Some investors are trying to catch the ‘next bitcoin’ of course that is quite difficult to catch because no altcoin, not even ethereum, has reached the success that bitcoin has.
There are lots of types of altcoins that cater specifically to different kinds of people hence i know a lot of people who actually prefer using altcoins than bitcoin especially for everyday transactions
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.
I will be more correcting here because most of what you said is wrong. First, Bitcoin and altcoins are crypto assets, either of them can initiate the move in the market. But often, it's Bitcoin that initiates the move, and by its most relevant remark in the industry, we should not expect less. Nonetheless, altcoins are not as useless as you make them look, and Bitcoin is not without its losing season as well. If you bought Bitcoin in 2021, will you be smiling in 2022? That is it, none of them are immune from the bearish season, so the store of value you attributed is not so appropriate, investors can only manage their portfolio better to avoid losses.Again, how they will help you store the value is still a function of the type of coin/token you are talking about. A lot of them have values now, they are linked to good projects nowadays and such projects are such that we can physically see. So if one can hold on to such coins/tokens these days, they might be better than it was before. But still, one has to be careful and use the charts for guidance, as risk is involved.
Lastly, you are wrong about the P2P remark. Many altcoins have their P2P and I've used at least 3 of them in the past.
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.
]Why call it as a Quick profiting when you can just invest and wait for some time? project that promising you easy money will surely scam or not going anywhere into so try not to be lured by false profiteering in shitcoins .
Not necessarily quick profit but to be specific, to allow more risk for potentially more reward(or loss lol); at least for me that is. Other people like to think they're doing it for "diversification" but the diversification provided by alts are very very small as they get heavily affected by BTC's movement anyway.
correct mate and that is the point of not believing in this thread asking to make quick profit because the eager you wanted to earn easy money is the more chances of you losing yours. 
I think that investors that buys altcoins for quick profits are the ones that buys new projects, because buying them is gambling, they can give the investors many times their ROI, or the project can be dead on arrival or won't survive to reach long term. I wouldn't categorize top altcoins like Ethereum, BNB and Solana, as altcoins that we invest in for short term profit purposes, because they're altcoins that have stood the test of time in the crypto market, and they have proven to have the potentials of hodling for a long term. This is why I advice investors that wants to buy new projects to invest the amount that they can afford to loose, because they're very risky.
Not necessarily quick profit but to be specific, to allow more risk for potentially more reward(or loss lol); at least for me that is. Other people like to think they're doing it for "diversification" but the diversification provided by alts are very very small as they get heavily affected by BTC's movement anyway.
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.
Well some altcoin holders love the platform they are using like for example on gaming but we cant deny that mosr or majority of altcoin holders are after profits. What other reason could it be if its not for gains? But some prefer to use the blockchain to enhance their wants or needs on their gaming apetite like some spend really for blockchain coins to use for in game items or anything that upgrades inside the game. 
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.
This was not always the case especially at the early stages of this market, back then when bitcoin was still the only cryptocurrency in existence, enthusiasts were willing to invest in new coins, not because they were after material gain, they simply wanted to see how far the idea of the blockchain could go.So they joined hands with some developers that were around back in those days and gave them the money to develop their projects, eventually some of them became successful and they made a lot of money, which is what eventually fueled icos, NFTs, meme coins and all the many different bubbles we saw since.
I still doubt that investing in alt coins can make quick profits. I have seen many people who invested in various alt coins but they never achieved success rather failed.I have been an alt coin investor myself but once I invested in a coin I almost lost more than half of my money from that coin. Lol 
If someone makes a quick profit from Alt coin, they are lucky to do so, as far as I can see, no one has yet made a quick profit investing in alt coins. Many people also say or think that various new alt coins come into the cryptocurrency market which increase in price when they think that they can earn high profits by investing in them.Investing in them is much more risky for everyone.
If someone makes a quick profit from Alt coin, they are lucky to do so, as far as I can see, no one has yet made a quick profit investing in alt coins. Many people also say or think that various new alt coins come into the cryptocurrency market which increase in price when they think that they can earn high profits by investing in them.Investing in them is much more risky for everyone.
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