I do not currently have to buy altcoin though with a very cheap price because now I see the development of each altcoin on the stock is very bad and unstable. this will make us frustrated if we are wrong to take steps. so we better wait for better time to invest!
Topic: Should you invest in Altcoin? - page 25. (Read 4306 times)
There is always a risk when investing even in the traditional assets but likely to be less. Alts give greater multiple gains than BTC in just few months so that is why people are investing i it. People investing in BTC are just making the safe Bet. I had no problems buying alts since I started investing here, so I don't worry too much.
a very interesting technique in investing, and the most important thing in investing is to see the coin first whether it has a bright future or not, we have carefully avoided the big losses. especially now that we see a lot of altcoin down abruptly.
We have lot of altcoins for now but it doesn't mean that all coins are worth to invest so choose the best coin to invest not based on the prices,just based on the quality and usage of that coin in the future.So yes we have to invest on the altcoins too to have a stable crypto market in the future because if we have only bitcoin then it will be unusable due to over demand.
I think it is a great opportunity to invest. But the problem is higher level of risk. Investing could be gain higher profits. So for the people willing to take the risk investing is a great chance
Yes before investing in any project do proper research.
Read whitepaper , research on team and their partners , roadmap and some other things.
Read whitepaper , research on team and their partners , roadmap and some other things.
yes it seems that it depends on ourselves if we are interested and able to hold in the long term then of course it is very good to do taoi if not I suggest do not once down to jump in that, .., because it could be you will get a huge loss and lose a lot of your capital is!
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.
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.
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