Topic: Small Investors are losing Bitcoin by Investing in Altcoins? (Read 836 times)
Investing in altcoins is risky, they themselves take this risk
Investing in altcoins is risky, they themselves take this risk
You can reduce your risk by investing in trusted and well-known altcoins. As there are lots of fake projects, don't buy a relatively less trusted coin unless you have certain knowledge about them.
Read this post and its true how small investor are losing bitcoin by investing in other coins.
You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
It's true that the some people are losing money investing in the coins which are related to fake, scam project. But your analysis in the link is not justified, as you have considered that the altcoin value to be fixed. You can find lots of coins in the market moves exactly opposite way that you have explained. So it will be false to conclude that the small investors are losing money by investing in Altcoins.
I think "investing" in altcoins and losing money is a rite of passage for most people who have just got into crypto. Its understandable why they would do this. There are plenty of high follower Twitter accounts and such that are shilling their hearts out on projects that they know well are crap. Exploiting peoples greed with talk of 100x's is not that hard. Not to mention the Telegram groups where delusional investors are plugging their shitcoin as the next big thing.
If a crypto user hangs around long enough they will see that the Bitcoin is the value investment. Hopefully they'll also pick a couple of other projects that they have done their research on, and get involved in them as an investor or contributor.
If a crypto user hangs around long enough they will see that the Bitcoin is the value investment. Hopefully they'll also pick a couple of other projects that they have done their research on, and get involved in them as an investor or contributor.
Investing on crypto is never a financial advice and small investors thinks that if they invest on altcoins, they will make big profit but it's the other way around. Still, altcoins depends the price when bitcoin pumped or dumped in the market. If small investors really wants to invest, why not do it on bitcoin instead to ensure profit in the long run and it will not run out of value. They can also trade on it if they are into trading and in that way they can easily make profit if they make a right decision on trades.
I get your point but not in all cases. I know a friend of mine that invested in unibright which is an altcoin the value of his investment now is worth more than a bitcoin and the value he invested was not up to half of a bitcoin that time. So i would say it depends on the project of the altcoin and how lucky the price of the altcoin can rise before bitcoin starts rising
Read this post and its true how small investor are losing bitcoin by investing in other coins.
You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
Your point is good but your theory is wrong. You are just talking about the positive side of holding bitcoin.You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
You never said what would happen if bitcoin goes to 4000 from 8000. Well in that case you will only be able to buy 4000 tokens instead of 8000 tokens.
Bud, bitcoin is a great store of value but we should never encourage others to buy it by speculating the price.
Instead, we should explain them about the positive aspects of bitcoin and why altcoins are not as worthy as bitcoins.
It can't be ignored how altcoins move differently compared to bitcoin. Some newcomers and small investors will think that buying cheap altcoins will give them big returns in the future but too sad to know that they become hopeless because it won't perform as what they expect. Leaving to that scenario and what I experience before, in fact, I'm still some altcoins but to see there are no changes happening and some get worse as the price drops more.
Things to realize that there is no opportunity in investing cheap altcoins. Yeah, we can have them in bulk because of the price but to see its market growth and performance, you have nothing to get profit but just a loss.
Things to realize that there is no opportunity in investing cheap altcoins. Yeah, we can have them in bulk because of the price but to see its market growth and performance, you have nothing to get profit but just a loss.
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This can happen and will happen in a market that is Soo Bitcoin is the cream of the market and people who can't afford Bitcoin opt for the best possible alternative and against Bitcoin and losses lots of money.
As a small investor, you stand the chance to gain more from buying good altcoin than investing on btc, because even if btc price increases you can only have a slight increase, while if you buy alts, e.g bnb and the price goes really high, you will definitely profit more, because in this case, you can afford a good number of that altcoin.
That is when you find which altcoin can give you profit and emotion drives you. Sometimes small investor comes on the wrong moment when the increase is ongoing on the market. Athough it seems profitable when it gets more than the limited stock, it result for the coin to stay in low price which takes longer time to recover.
I think everyone knows this already. Altcoins always fall when Bitcoin increases in price and they also fall when Bitcoin starts falling. The only chance they get to increase in price is whenever the price of Bitcoin is stable. This only happens to altcoins that don't correlate with Bitcoin, but the ones that correlate with Bitcoin just like the Ethereum, XRP, Bitcoin Cash, and the rest of them don't really face this kind of problem.
The reason why these altcoins fall in these situations is because people dump them to buy Bitcoin when the price is increasing and people still dump them when Bitcoin is falling. I was lucky in some sense because I never preferred to risk my bitcoins in altcoin investments; I know I have missed some big opportunities but I value my bitcoin saving hence I believe its not worth risking my bitcoins in altcoins.
The reason why these altcoins fall in these situations is because people dump them to buy Bitcoin when the price is increasing and people still dump them when Bitcoin is falling. I was lucky in some sense because I never preferred to risk my bitcoins in altcoin investments; I know I have missed some big opportunities but I value my bitcoin saving hence I believe its not worth risking my bitcoins in altcoins.
Read this post and its true how small investor are losing bitcoin by investing in other coins.
You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
It isn't something new to be honest I think all investor are aware of it and they know the risk on investing in crypto and trading.You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.
https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/
But you should also consider the fact that alt-coin could also move up why are you so focus on the negative side?
I don't really get why most of the thread creator like to focus on negative or positive side of what they are showing us they should be fair and put up the other possibilities of investment.
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That's why we should focus on investing in Bitcoin than the altcoins. Investing altcoins maybe 20% of all you fund will be allocated to altcoins is a good idea. Though, there are some altcoins that give potential when you are investing. Just like what happened to me back then year 2017. My investment in altcoin goes 3x from my initial capital.
This must be your most valuable experience.That's why we should focus on investing in Bitcoin than the altcoins. Investing altcoins maybe 20% of all you fund will be allocated to altcoins is a good idea. Though, there are some altcoins that give potential when you are investing. Just like what happened to me back then year 2017. My investment in altcoin goes 3x from my initial capital.
The main principle is don't put all your eggs in one basket, so the importance of asset diversification is to avoid large losses. Bitcoin is indeed very profitable, and safer because the crypto world is always focused on it. But there are also many altcoins with great potential, project support and good products such as ETH, XRP, etc. which can be used as investment opportunities. Maximize the opportunities available, taking into account ratios that you can control, for example, 70:30 for BTC and alts.
I think we all agree, the new project is at greater risk, so here I focus on discussing the potential and strong market for an altcoin.
The reason while many investors loose their Bitcoin to altcoins is their maturity in this space. So many investors think that, using Bitcoin to buy any altcoin that's good looking to expect back a huge reward is foolishness on their part because the link between these two projects at entirely different. Some project look promising and later got investors scammed of their hard earned money. Some of these projects stop half way after getting investors funds and disappear to tinair without a trace. Don't use your Bitcoin foolishly because all the market prices solely depends on the existence of Bitcoin. You can only invest when your are sure of the project success or with good prospect.
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This can happen and will happen in a market that is Soo Bitcoin is the cream of the market and people who can't afford Bitcoin opt for the best possible alternative and against Bitcoin and losses lots of money.
Yeah, these days shitcoins are booming on social media since the cryptourrency knowledge is spreading quickly. I remember way back 2017-2018 I think. There's a new coin that is called a TBC which is a scam that is really popular at social media platforms and after months it got busted. Today the numbers of those shitcoins scam is getting bigger, a lot of newcomers are getting victim by it. I think that's one of the reason why many people are losing on altcoins.
After the halving i expecting some sort of rise for these pump and dump coins, i have seen many pumps in unknown alt coins in the past few weeks and i have no idea who is doing these pumps but there are social media groups including the 4 chan groups promoting alt coins and they are really going up but i was not confident enough to test my luck.For all the new users, beware of these pump and dump groups, even if you want to try your luck make sure to cash out once you reach the target.
I think not all the small investors because there are some people who made an investment when the altcoins have a good market price too in the previous years. Sometimes the altcoins are going up the same with the bitcoin-like happens previously to the market price of the bitcoin reaches over 13k dollars and the altcoin for example is the ripple each ripple reaches for over three dollars which is a huge improvement too. But today I think there is a lot of issues on the altcoins because some of the investors already made an investment on bitcoin because they know the halving is coming which is good because there is a chance that the bitcoin now beat the previous resistance of the price.
Stil,l there are a lot of people supporting these altcoins because they see the potential of this coin to make an increase which is a good thing but it takes time before there is a market change but we cannot tell because the market is volatile like what if there is an investment comes upon for example in ripple it is a huge change there is a chance that the ripple may go up for over 1 ripple equals to 2 dollars.
But many investor get profit after investing from bitcoin to altcoin, I know altcoin can dump extremely but have bigger chance to pump on higher price more than 300% and profitable than bitcoin, just 10% until 20% for bitcoin back up to higher price and take more than two or three months, but for altcoin we can get short time about one or two weeks to get on higher price and exactly could dump more than 200% just few days.
Stil,l there are a lot of people supporting these altcoins because they see the potential of this coin to make an increase which is a good thing but it takes time before there is a market change but we cannot tell because the market is volatile like what if there is an investment comes upon for example in ripple it is a huge change there is a chance that the ripple may go up for over 1 ripple equals to 2 dollars.
But many investor get profit after investing from bitcoin to altcoin, I know altcoin can dump extremely but have bigger chance to pump on higher price more than 300% and profitable than bitcoin, just 10% until 20% for bitcoin back up to higher price and take more than two or three months, but for altcoin we can get short time about one or two weeks to get on higher price and exactly could dump more than 200% just few days.
This doesn't happen always, mostly the price of the altcoins decrease and also the pumps are the only way for making money in altcoin market like 300% as you said. If you just hold and think of making money then you are completely wrong as the value of altcoins is decreasing, only a few altcoins that are in the top 10 or maybe top 20 are worth investing in and also the ones with a huge market cap along with a high daily trading volume, if the volume is less then there is a great risk of loosing all the money that you invested in that coin. 
But many investor get profit after investing from bitcoin to altcoin, I know altcoin can dump extremely but have bigger chance to pump on higher price more than 300% and profitable than bitcoin, just 10% until 20% for bitcoin back up to higher price and take more than two or three months, but for altcoin we can get short time about one or two weeks to get on higher price and exactly could dump more than 200% just few days.
There is only one reason for this - greed. A lot many of the new investors believe that Bitcoin has already reached its peak and they may not get 10x and 20x returns if they invest in BTC. On the other hand, the altcoin fanboys are very active in social media and they claim that the investors can get 100x or even 1,000x returns if they invest in that particular altcoin.
Yeah, these days shitcoins are booming on social media since the cryptourrency knowledge is spreading quickly. I remember way back 2017-2018 I think. There's a new coin that is called a TBC which is a scam that is really popular at social media platforms and after months it got busted. Today the numbers of those shitcoins scam is getting bigger, a lot of newcomers are getting victim by it. I think that's one of the reason why many people are losing on altcoins.
There is only one reason for this - greed. A lot many of the new investors believe that Bitcoin has already reached its peak and they may not get 10x and 20x returns if they invest in BTC. On the other hand, the altcoin fanboys are very active in social media and they claim that the investors can get 100x or even 1,000x returns if they invest in that particular altcoin.
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