Topic: Should you invest in Altcoin? - page 11. (Read 4278 times)
I think that you should invest in electronic money. This is the fastest way for you to get rich. Price of coin is always at a high level. The electronic money market can burst at any time.
of course yes, because only in altcoins can the price increase to 100-500% in a fast time, but of course the risk is also greater than we invest in Bitcoin.
I use altcoins for short-term investment facilities such as trading, although there are potential long-term altcoins such as ETH and XRP, because these two coins are often a means of payment for participating in an ICO project, so it will be needed in the future, actually Altcoin is suitable for the short term trading because the price changes quickly, if we hold it for a long time it will be very risky
I think everyone should. Cause altcoins are the future. You already can see that. In this there is a lots of project that's are really good and tahy will be compete the general companies one day.
Now comes to the volatility, this market is full of volatility and there is nothing which is stable forever(except USDT and TUSD). In this market we see a huge scale profit margin cause there is that risk available. And in this kind of market it is very normal to see this volatile characteristics. And yes altcoins are not that much stable like Bitcoin or other top ranking base or alts cause low market cap and easy to manipulate. But it's ok many alts climb from bottom to top ranked position. Just believe where you invest and always do some research before investment. That's it.
Now comes to the volatility, this market is full of volatility and there is nothing which is stable forever(except USDT and TUSD). In this market we see a huge scale profit margin cause there is that risk available. And in this kind of market it is very normal to see this volatile characteristics. And yes altcoins are not that much stable like Bitcoin or other top ranking base or alts cause low market cap and easy to manipulate. But it's ok many alts climb from bottom to top ranked position. Just believe where you invest and always do some research before investment. That's it.
Investing in altcoins has never been exhausting potential because the current cryptocurrency market has the potential of altcoins to be huge. So if you want to invest, investing in altcoins is perfectly right because the potential of altcoins in the future will certainly be very high, typically the XRP rate increased more than 50% in just one day!
Yeah, I agree to your point of view mate. As we here in crypto currency community we try our luck here and I'm prefer to invest an altcoins. Well, first I will find an altcoin in which have a huge potential in the future as it can be demand in the world of crypto currency.
It's a simple question to answer! If you want to increase your position in BTC or even find an ALT, you would need to find good Altcoins for that purpose! DOGE for example, is a lot for transactions that are almost instantaneous and cheap! It's true that the BTC has improved accordingly! But I prefer to see the BTC as a value reserve and pay the bills with other coins. Well, it's just an opinion. 
Investing in altcoins has never been exhausting potential because the current cryptocurrency market has the potential of altcoins to be huge. So if you want to invest, investing in altcoins is perfectly right because the potential of altcoins in the future will certainly be very high, typically the XRP rate increased more than 50% in just one day!
I think that investing in an altcoin can bring good profits. At the moment, the market goes up, and you can be sure that such coins bring a good profit very quickly.
Most of all you can earn by investing in new coins. Their price may rise 100-200 times a year. For example, I will advise you on a new promising project KamaGames. They have a lot of experience with the game sphere.
100 - 200 times ? That's impossible. Only a few coins can do that. And most new projects can not do that. Even if the project is great, the current time does not help them rise 100 times
Recently, many Cryptocurrencies have been created and the rapidly changing market landscape, all investments in Cryptocurrency can be high risk. Even Bitcoin which is by far the most stable crypto also shows a fluctuating price.
For comparison, though, altcoin prices are more volatile due to low market cap, altcoin markets are particularly vulnerable to price manipulation. Investors who have a large capital called "whale" - often inject large sums of money into coins that have low prices to build sensations and cause the price of the coin to skyrocket. Once the price has increased, he sells their coins on the exchange with huge profits, making many other investors deceived in the process. This method is known as "pump & dump." This can not only hurt greedy traders who do not take the time to analyze their investments, but are often shown to cause altcoins to have short lifespan.
To avoid losing all your investments due to pump & dump, focus long-term investments on coins that you believe have great potential and show good health. Generally, healthy altcoin has a strong community, shows high liquidity, and has a team of developers who proactively improve the source code of the coin. The comprehensive loginitma of CoinGecko metrics analysis statistically analyzes these three important factors and ranks the coins according to the overall strength of the coin.
If you choose to invest in altcoin, it is important to remember some basic principles of investment. Avoid the hype from those distributed by the coin community. Every investor has an agenda, so it's best not to take their word round. Invest only on coins you have previously worked on. It is not wise to invest in something you do not understand. Making an investment based on the wrong information is a sign that you will lose your hard-earned money. Take the time to research the coins you would consider a long-term investment, and research the market situation before you try to become a high-volume short-term trader. Most importantly, never invest more than your ability to take losses. Too many people lose their life savings by focusing them on a volatile investment.
If you’re here looking fora cryptocurrency that is not volatile then you’re wasting your time. All of them are volatile, the only difference between most of the altcoins and Bitcoin is that they are not all that volatile like Bitcoin is, but there is always risk involved. For comparison, though, altcoin prices are more volatile due to low market cap, altcoin markets are particularly vulnerable to price manipulation. Investors who have a large capital called "whale" - often inject large sums of money into coins that have low prices to build sensations and cause the price of the coin to skyrocket. Once the price has increased, he sells their coins on the exchange with huge profits, making many other investors deceived in the process. This method is known as "pump & dump." This can not only hurt greedy traders who do not take the time to analyze their investments, but are often shown to cause altcoins to have short lifespan.
To avoid losing all your investments due to pump & dump, focus long-term investments on coins that you believe have great potential and show good health. Generally, healthy altcoin has a strong community, shows high liquidity, and has a team of developers who proactively improve the source code of the coin. The comprehensive loginitma of CoinGecko metrics analysis statistically analyzes these three important factors and ranks the coins according to the overall strength of the coin.
If you choose to invest in altcoin, it is important to remember some basic principles of investment. Avoid the hype from those distributed by the coin community. Every investor has an agenda, so it's best not to take their word round. Invest only on coins you have previously worked on. It is not wise to invest in something you do not understand. Making an investment based on the wrong information is a sign that you will lose your hard-earned money. Take the time to research the coins you would consider a long-term investment, and research the market situation before you try to become a high-volume short-term trader. Most importantly, never invest more than your ability to take losses. Too many people lose their life savings by focusing them on a volatile investment.
But that’s not the problem, it’s better I invest and lose through volatile, cause if that happens, I can choose to continue to hold and recover my loss when the price goes up again or maybe I can trade and recover my losses. The only time you have a problem is when you invest in the wrong coin cause some of them fall cause they go bankrupt or something., and some are just scam.
Yes, of course that's a great idea. Investing in Alt coins have great benefits like gaining good profits but for only a long period of time.
Nornally, it could take months or even for a few years depending on the project's demand level and development period.
Nornally, it could take months or even for a few years depending on the project's demand level and development period.
As we know, the presence of the altcoins is based on the success of the Bitcoin in the cryptocurrency world. Additionally, some altcoins are also very successful by gaining many investors and can increase its value time per time. However now, as you say, the cryptocurrency is growing so fast. many developers create the new cryptocurrency based on the ICO and other process. It means that every day, there will be new coin or tokens. Additionally, in this bear market, the price of the altcoins always decrease after on the exchange market. Hence, the altcoins are actually better for the long term investment.
I think that it is great to invest in btc and ether because they are the best coins that are going to be used in the nearest future. I think that you need to consider dash and neo as well
I think that you need to invest in btc and maybe ripple as well as they are considered the best coins ever and you will be able to earn good money on the difference of the future cost. To my mind, it is great
if I ask it is the right time to invest in Altcoin because bitcoin today is so low that many people are investing in Altcoin so if you're investing in it I'm sure that you'll earn a lot in the future.
really investing in altcoin is very profitable and will benefit in the future, the coins that I invest are ethereum, eos, and ignis,What coins do you save for now?
Altcoins of course are very volatile and unsafe, but it is with them you can earn more money in a short period of time and so I think that it is worth investing in altcoins, but you need to choose the right coins and sell them at the right time.
Invest in altcoins is certainly the best solution to get maximum profit, as we know that the price increase of altcoins is greater than bitcoin so investing altcoins is the right solution.
My answer is to invest in altcoin, but with a note I have to analyze well what I will take to reduce losses.
Now the alcoins are too dependent on the growth of bitcoin and since it does not grow then it makes no sense to keep them
I don`t think so, alt-coins have their own networks, they are depended just in terms of price. When Bitcoin is going up
others are going up too, at least their market caps, prices in Bitcoins affect that.
I invested in many alt-coins until now. That looks like a bad move for now, their prices dropped much more than Bitcoin
price. If I had only Bitcoin I would be richer for 100% probably, but I don`t care about it, I wait that time when prices of
some alt-coins will rise a lot. and I`m sure it will come. People should invest and hold, we need to support alt-coins
not to dump them for first profit, it`s how they can grow.
Now the alcoins are too dependent on the growth of bitcoin and since it does not grow then it makes no sense to keep them
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