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Topic: What kind of Altcoins have a future? (Read 3323 times)

full member
Activity: 868
Merit: 108
March 24, 2021, 08:38:42 PM
The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing

My suggestion to you before going to buy any altcoins or tokens you have to some research about what kind of business they will do and check the team members if you have any doubts do not invest. better is you can invest any top 20 coins like neo, torn, xlm and more hold for long term sure will get good results for your investment.

Yes, that's right, we need to check the purpose of that projects before investing our money there, if we think their doing something for long time purpose and their team are trusted and professional then, there's a big possibilities those projects will work  and we can earn there if we invest.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
March 24, 2021, 07:51:12 PM
talking about altcoins, yeah altcoin is not just ETH, BNB, XRP, XLM or XTZ, but there are thousands of altcoins, if we think long ahead, do altcoins have a future? of course there is !, because every altcoin has a vision and mission, yes it all depends on the altcoin project, if the altcoin project is serious then the future of the coin will also develop in terms of price, if not then it will end, many have ended up like that, then be careful when choosing altcoins.
Choosing a altcoins was too difficult because of these having some issue that would be become a shitcoins in no time.
So thats why we need to be careful of which altcoins that we need to buy or hold and we also study it first about the altcoins we choose, But there are some trusted altcoins even do one of them are old but its worth to hold for so long.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 24, 2021, 06:59:22 PM
talking about altcoins, yeah altcoin is not just ETH, BNB, XRP, XLM or XTZ, but there are thousands of altcoins, if we think long ahead, do altcoins have a future? of course there is !, because every altcoin has a vision and mission, yes it all depends on the altcoin project, if the altcoin project is serious then the future of the coin will also develop in terms of price, if not then it will end, many have ended up like that, then be careful when choosing altcoins.

bottomline, alts with future are those with actual use case in the market. not only they have working app but look for active users of that particular app. are they satisfied with the services of that platform? is it gaining interest from the community? because remember, without use case, the project is basically going down the drain!
their application will sustain their market. and it will only grow if more users will utilise their network. without their users, would be hard for the platform to progress.
so better look for alts with active app in the market. not only the number of installs but satisfied customers.
full member
Activity: 383
Merit: 100
March 24, 2021, 06:21:58 PM
Many altcoins have good future. If you don't have enough time to provide research on them, choose top altcoins that currently have no bad issues. DOT, ETH, ADA, BNB, LINK, and some other top altcoins can be good options.
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
March 24, 2021, 05:38:07 PM
From my best of knowledge the only altcoin you should ever consider buying is an altcoin with a real use case that will come in handy for a long time, and I think selecting those kind of altcoin projects shouldn't be too hard for you, altcoin projects that I do keep tab in are LINK, CAKE, ETH, DOT, ADA and so on, there are alot of them out there which are offering something unique, so just pick a few of them, split your capital and invest in them, you won't regret it.
member
Activity: 408
Merit: 11
March 24, 2021, 05:28:45 PM
Definitely will be some value moving from Ethereum DeFi to alternative EVMs with cheaper gas fees like Ubiq, Expanse, and Tao

hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
March 24, 2021, 05:02:11 PM
Consider the tried and tested ones, like LINK, DOT and ETH.
They are guaranteed to have a future.
Also, search for innovation, or some project that's 1st of it's kind
legendary
Activity: 2772
Merit: 1028
Duelbits.com
March 24, 2021, 04:51:42 PM
I will always advise people to stick to Bitcoin, ethereum, XRP or the top 10 cryptos in the coinmarket cap. others are just gambling. If you are good in trading, you can utilize your skills in holding the rest altcoins. Knowing when to buy and when to sell to avoid loosing your funds. currently, this is a bull market and it is not advisable for people to invest in any altcoins Now.
Most people follow this way, that is why top altcoins have more potential than other currencies. BTC and ETH are my best favorite coins that l prefer investing in. But l don't say that investing in other cryptocurrencies is just gambling, maybe there is more risk investing in them. But l believe that there are still some projects which have also potential to be among the best projects in the future. But that is right you should make hard research to find one of the best projects. There are a lot of projects, l think it is necessary to focus on the team of the project. Maybe we can find the best among them.
jr. member
Activity: 392
Merit: 2
March 24, 2021, 04:04:11 PM
For me personally I accept that right now it is hard to say which altcoins will pass on or will satisfy us with their victories. I accept that for each altcoin you need to make your own estimate and afterward the caritin will be somewhat clear. Presently, a totally hazy circumstance is occurring on the crypto market, and those altcoins that were very nearly termination are starting to steadily create. So you need to follow practically all altcoins to know where and when to invest.
newbie
Activity: 67
Merit: 0
March 11, 2021, 11:44:38 AM
Well, I can’t give you any financial advices, but in my opinion, it is PEAK token for sure. Their current APY is up to 85%, they are audited by Quantstamp. This token will be listed on OKEx and BINANCE smart chain this month. In any case, you should do your own research and then make some decisions, but it looks that this token is very very underrated. http://Https://peakdefi.com — just check it out.
jr. member
Activity: 56
Merit: 5
March 02, 2021, 09:54:20 AM
CARDANO (ADA) coin have a great futur.  i see alot of potential in CARDANO (ADA) coin.
so i suggest to eneryone invets in CARDANO (ADA) coin.
this is a best chance to invest in CAEDANO (ADA) coin.
and guys first reseach then invest
member
Activity: 408
Merit: 11
December 03, 2020, 04:42:55 PM
I will always advise people to stick to Bitcoin, ethereum, XRP or the top 10 cryptos in the coinmarket cap. others are just gambling. If you are good in trading, you can utilize your skills in holding the rest altcoins. Knowing when to buy and when to sell to avoid loosing your funds. currently, this is a bull market and it is not advisable for people to invest in any altcoins Now.

I respectfully disagree. We are currently in the same part of the market cycle as late 2016. Later part of 2016 was a great time to buy cheap alts because people were ignoring them and/or dumping them because of Bitcoin.
I bought several low cap cryptos very cheaply in 2016 and they did very well when the real bull run began in 2017. I predict we'll see the same kind of results this cycle, too.
copper member
Activity: 234
Merit: 0
December 03, 2020, 04:40:37 PM
To the best of my knowledge, the kind of altcoins that are having future are the ones with great use cases and it's best if the MarketCap of such is low. I identified a potential project that falls into this category, it's called https://bluzelle.com
You can check them out!
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
December 03, 2020, 03:41:18 PM
The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing

Updated January 9, 2020
Thank you for your suggestions. I have selected a few altcoins for investment, BCH, BSV, ONION, DASH, XMR. There are also many altcoins with small market capitalization. I hope I can get lucky and bless you all to find the investment you like.

The future belongs to the altcoins that have good market acceptance, trust and confidence of the community and un-paralleled support of investors and for that the project needs to be of high quality with out of the box utilities and solutions and it is not tough to find such alts, you can easily find them from top 50 to 100 cmc list.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
December 03, 2020, 03:35:52 PM
The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing

Updated January 9, 2020
Thank you for your suggestions. I have selected a few altcoins for investment, BCH, BSV, ONION, DASH, XMR. There are also many altcoins with small market capitalization. I hope I can get lucky and bless you all to find the investment you like.

In my view only 2 types of alts will survive and thrive.
Ones with real advanced blockchain solutions that form the basics of what crypto and blockchain tech provides like eth, ada, trx etc.
Second ones are those that provide solutions to everyday problems and have support of large community of users like swissborg, nexo and dego etc.
hero member
Activity: 2030
Merit: 402
December 03, 2020, 03:25:53 PM
I think that especially the new cryptocurrencies have the most possibility to die. Because there are too many options in the market now. The old ones are luckier because they are mostly preferred to use. But there is a very high competition between the new ones. If a new crypto wants to stay alive and continue to grow, it should be a really good project.
full member
Activity: 758
Merit: 104
December 03, 2020, 10:25:20 AM
The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing
Bad coins and mostly tokens, bad coins that are been created for fun still exist in crypto space, they have no reason of existence, no real use cases, and tokens are the worst ones and a big victim of scammers, they are easier to build that's why scammers use them alot

Some of them just copy paste smart contract code and change the name and symbol. We need to research more about that, about the real use case and the team behind them. So we can avoid being scammed
full member
Activity: 910
Merit: 101
December 03, 2020, 08:44:09 AM
The best altcoins are altcoins whose circulation remains in every market, and it would be nice if we
invested in the top 10 altcoins, because their circulation is always there even though decreases
and increases are always there in every transaction,
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
December 03, 2020, 08:17:25 AM
Altcoins that have quality products and with real use cases, such as ethereum and binance, these two altcoins have their own platforms, besides being the top coins in the market and many developers even create their coins using those platforms. actually there are many other positives that these two altcoins have, but I believe that both altcoins have a good future for investment.
sr. member
Activity: 644
Merit: 260
December 03, 2020, 07:58:43 AM
I will always advise people to stick to Bitcoin, ethereum, XRP or the top 10 cryptos in the coinmarket cap. others are just gambling. If you are good in trading, you can utilize your skills in holding the rest altcoins. Knowing when to buy and when to sell to avoid loosing your funds. currently, this is a bull market and it is not advisable for people to invest in any altcoins Now.

Choosing top 10 coins on Coinmarketcap will reduce risk of losing money to scams, but it's no guarantee for sure long term profit. When you wrote "others are just gambling", I guess not. Reason being that some coins in the past which were among top ten are no longer top ten, others replaced them and the cycle continues. Crypto investment generally involves risk, so choosing a few altcoins after proper research to invest in is not a bad idea entirely, just be cautious of risk management.
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