Topic: What's your reason for buying altcoins? - page 2. (Read 2904 times)
If we look at present many altcoins is in dip position. There is big chances to give good profits if we take entry at right time. Coins like xrp, sxp at good price now. Many traders makes mistakes to take entry when price is on high side so taking entry now might gives us relaxing time in crypto. It may also can be a more dip so take entry with small funds, When market get more dip position then another entry will be more helpful.
But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?
Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
Believe it or not Altcoins have made poor people rich, with a capital of $ 100 can generate $ millions, it happened to the doge.Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
The reason I bought Altcoins, I really hope to get to the moon, I'm not a big investor who has to buy Bitcoin like Elon, I'm a small investment so I tend to focus more on Altcoins hoping for two or three years to get to the moon.
Everyone who invests in alcoin their goal is the same to take profit in the future especially now that the price of the coin is all down again this is a very good opportunity for big alcoin investments like ethereum coin.
Not only with altcoins but also with bitcoins are profits, man. If bitcoin didn't make a profit then bitcoin wouldn't be as popular as it is today. Newbies like altcoins because they think bitcoin is too big and can't give them maximum profit, so they look to altcoins, altcoins that are new and not growing much will have a higher chance of being pumped. We enter the market, the end goal is profit and altcoins are a place for the sharks to pump and dump easier.
Well, it's true a lot of new people who just coming to the crypto world are looking for a big chance to get more and more profit, since altcoins prices are low and have the potential to give the investor big ROI like 5x-10x in a year or even few months so no wonder most people choose altcoins, meanwhile when we are looking for the profit we're not guaranteed to get that profit and there's always a scam project in altcoins unlike Bitcoin, so they should ready for that risk.
I'm not into just buying altcoins because of the hype
I'm looking for the future technology, perspective projects
And Point Network is giving me a confidence in web 3 future
https://pointnetwork.io/
I'm looking for the future technology, perspective projects
And Point Network is giving me a confidence in web 3 future
https://pointnetwork.io/
Everyone who invests in alcoin their goal is the same to take profit in the future especially now that the price of the coin is all down again this is a very good opportunity for big alcoin investments like ethereum coin.
Not only with altcoins but also with bitcoins are profits, man. If bitcoin didn't make a profit then bitcoin wouldn't be as popular as it is today. Newbies like altcoins because they think bitcoin is too big and can't give them maximum profit, so they look to altcoins, altcoins that are new and not growing much will have a higher chance of being pumped. We enter the market, the end goal is profit and altcoins are a place for the sharks to pump and dump easier.
I have so many reason for buying altcoin, most of it is that I don't have the huge capital to invest in btc or ETH since am a novice or new in cryptocurrency investment. So from the knowledge gather from this industry I am able to discover some good coins that give me huge profit and late may trigger me to invest in big project like btc and ETH.
Altcoins are more easier to make more money from, because the rate at which they move is far different from bitcoin, just like today, ftm had done 102% just in a day, its totally impossible for bitcoin to do 50% not to mention 100% just in a single day, by buying altcoin it's a win win situation that's why lots of people tends to go for altcoins
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
Bitcoin is the most stable cryptocurrency, that is why the adoption of bitcoin increase in spite the fall of the market.
The dominance of bitcoin continue to grow.
During the fall of the market altcoins falls in price even more then Bitcoin.
Please vote in the poll and explain your reasoning below...
Mid-way though Bitcoin's 2017 bull-run, Coinbase, the largest crypto exchange at the time, only offered the choice of three coins - BTC, ETH & LTC - before Binance even existed. Ethereum and Litecoin outperformed Bitcoin that year, especially after many new users saw their values had already increased much more than Bitcoin had, while only being given 3 investment choices.
Since May 2021 altcoin's market share has been around 60% of the total crypto market, confirming that the majority of investors are drawn towards altcoins rather than Bitcoin these days. Coinbase now has over 100 different altcoins, while the largest exchange now offers a choice of over 400 options. The days of turning to shady exchanges like Bittrex, Yobit and Cryptopia have long since passed.
But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?
Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
Mid-way though Bitcoin's 2017 bull-run, Coinbase, the largest crypto exchange at the time, only offered the choice of three coins - BTC, ETH & LTC - before Binance even existed. Ethereum and Litecoin outperformed Bitcoin that year, especially after many new users saw their values had already increased much more than Bitcoin had, while only being given 3 investment choices.
Since May 2021 altcoin's market share has been around 60% of the total crypto market, confirming that the majority of investors are drawn towards altcoins rather than Bitcoin these days. Coinbase now has over 100 different altcoins, while the largest exchange now offers a choice of over 400 options. The days of turning to shady exchanges like Bittrex, Yobit and Cryptopia have long since passed.
But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?
Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
For the most part I'd say that 99.999% of the people buying altcoins is merely greed/profits. Trying to trade for more Satoshi would be my vote, or even their local fiat. Alts are a gble and gambling is merely to get more money than you started with, quickly. Sad because most people only end up losing because they don't understand how quick crypto markets change and how bad they get annihilated.
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
It is hard to say when it will be rise of the market but the economic and political situation in the world is very difficult and it is hard to say when it will change.
Bitcoin is the most stable cryptocurrency, that is why the adoption of bitcoin increase in spite the fall of the market.
As the Bitcoin market declines, so does the ALT market.Bitcoin market has come ALT coin market is more dumping so we have started to invest more in ALT coins We know the market will be much better one day and ALT will be pumping coins.Especially me LTC,BNB, Solana Bought and invested.
I agree, for me the reason to buy altcoins at this time is because we are entering the metaverse, if the metaverse is successful, I know it will be, because I have had my eye on Matic and Solana, in other threads I have mentioned these options, the reason is simple, the fees that can be generated there are very cheap and those who have these two currencies will have a great probability of increasing enormously, in addition to the networks that they have through Polygon and Solana are very effective, in that sense I think there can be a good move given that my assumptions are correct.
Altcoins provide a good opportunity for big profits in a short time, if we invest in ethereum or BNB it will be difficult to profit 100%, even though we invest in shitcoins but with a special strategy we can profit hundreds of percent in a month or even less.
My own goal is to invest in altcoins or buy them when the price is cheap is to make a profit when the altcoin experiences an increase in the market.
if for a long time the altcoin has no sign of an increase then I let the altcoin become my wallet collection until the high price I get
if for a long time the altcoin has no sign of an increase then I let the altcoin become my wallet collection until the high price I get
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
During the rise of the market altcoins rise in price even more than bitcoin, that is why many people prefer to invest in altcoins to have more profit.
But during the fall of the market altcoins fall in price even more than bitcoin.
It is hard to say when it will be rise of the market but the economic and political situation in the world is very difficult and it is hard to say when it will change.
Now I think many people buy because the prices are very attractive.Again, I think those who take in any case are very careful now because the market is still very unstable.It is even possible to earn money on short positions.
Keep doing research and make sure the decision is well considered,because in the midst of an unstable market condition like this, it is certainly quite difficult to make the right decision,
so it's important at least to minimize the risk
Now I think many people buy because the prices are very attractive.Again, I think those who take in any case are very careful now because the market is still very unstable.It is even possible to earn money on short positions.
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
Many people are waiting for the rise of the market but it is very difficult to say when it will be a rise.
The rise of the market and the condition of the market depends on economical situation in the world.
During the rise of the market altcoins rise in price even more than bitcoin, that is why many people prefer to invest in altcoins to have more profit.
But during the fall of the market altcoins fall in price even more than bitcoin.
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
Fall can continue long time. And it is very difficult to say how long will be a fall and what is the best time to buy crypto assets.
When market falls a lot of people panic and lose money.
Many people are waiting for the rise of the market but it is very difficult to say when it will be a rise.
The rise of the market and the condition of the market depends on economical situation in the world.
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
When one people punic another buy crypto assets for the best price.
But nobody knows how long the fall of the market will last.
Fall can continue long time. And it is very difficult to say how long will be a fall and what is the best time to buy crypto assets.
When market falls a lot of people panic and lose money.
The most important for new altcoins is to check how they are useful for people and what opportunities and tools for people they offer.
Now Anonymous Trading is popular and in demand like that https://medium.com/@test566566566/what-is-anonymous-trading-and-why-do-traders-need-it-fd9f72d6f75
Fall of the market is the best time to buy assets. But many people panic and continue to sell crypto.
It is necessary to have experience and carefully check all information before investing.
Many people now monitor the market to buy tokens of new and prospective projects to have more profit from investing.
When one people punic another buy crypto assets for the best price.
But nobody knows how long the fall of the market will last.
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