Topic: What&#039;s your reason for buying altcoins? - page 4. (Read 2898 times)

Quote from: InpulseX on May 31, 2022, 04:33:04 PM

A safe choice to buy ETH and BNB, but the risk of the price going down even more will be very large, seeing Bitcoin is unstable and tends to be in a bearish state. The top altcoins do have the highest demand and many are starting to come in and wait for prices to get lower. Choosing what altcoin you want to invest in is a personal decision and must be prepared with risks. need to do some research first.

For now I am still very happy to hold ETH, BNB and Bitcoin of course because from what I have seen and researched in the past, these three coins always have the potential to recover in the market even though under current conditions the price decline in the market for all three is still it is very possible to happen and never worry about it because the three coins I mentioned are always better than the others.

Looking at the current market conditions it seems to me what you have done by deciding to hold Ethereum, Bitcoin, and BNB is the right thing,
we know that these three are top coins and without a doubt,
to hold long term I think it will be profitable and of course while waiting for the market to recover

Koinal.io

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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 what is now restore of the market or just the temporary recovery.
Only time can show how long will be the fall for the market and when the real recovery will start.

Cryptocurrency market continue to fall and it is hard to say when it will restore because the economic situation in the world is very difficult and are not becoming better.

RussianEnglishTranslation

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We are all here to make money and altcoins like MATIC and CNDL have more upside compared to BTC and ETH, and that's a fact. The only people getting rich off of those are whales who got in early.

udidrone

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A safe choice to buy ETH and BNB, but the risk of the price going down even more will be very large, seeing Bitcoin is unstable and tends to be in a bearish state. The top altcoins do have the highest demand and many are starting to come in and wait for prices to get lower. Choosing what altcoin you want to invest in is a personal decision and must be prepared with risks. need to do some research first.

Based on this year's price movements, this is the moment where ethereum and bnb experience the deepest decline of 2022.I am optimistic that this will end and soon there will be a full increase. If there is a correction it may not be far from the current price. I'm waiting for a slight dip to put my funds in, and I'd be a little more hopeful on the binance coin because based on the potential it's more likely

It's just my belief, I don't expect anyone to follow it

Davian144

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A safe choice to buy ETH and BNB, but the risk of the price going down even more will be very large, seeing Bitcoin is unstable and tends to be in a bearish state. The top altcoins do have the highest demand and many are starting to come in and wait for prices to get lower. Choosing what altcoin you want to invest in is a personal decision and must be prepared with risks. need to do some research first.

For now I am still very happy to hold ETH, BNB and Bitcoin of course because from what I have seen and researched in the past, these three coins always have the potential to recover in the market even though under current conditions the price decline in the market for all three is still it is very possible to happen and never worry about it because the three coins I mentioned are always better than the others.

d3nz

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Quote from: BuNga_cute on May 31, 2022, 10:53:32 PM

Quote from: udidrone on May 31, 2022, 10:29:23 PM

Quote from: BuNga_cute on May 31, 2022, 10:53:32 PM

Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

buy and hold altcoin that have regular demand on their ecosystem. layer 1 coins will be first on our investment , dot bnb eth solana will be first choice how they have demand for transaction fee. with regular demand as basic fundamental price could steady or even rise with the growth on ecosystem.

Entering the 2nd quarter of this year altcoins continue to experience drastic declines, ethereum, binance coin, solana, and polkadot, all following bitcoin's sharp decline. This is a good time for the short term, before entering the 3rd quarter it is expected to experience a slight upward movement. I chose the 2 coins above, ethereum and binance coins, solana and poldokadot I'm still not interested, because the chances are very slim.

Even though now the price of Bitcoin has started to look up by about 6% compared to a week ago, the movement of altcoins still doesn't look up.
This means that as you said there is still an opportunity for us to buy altcoins at low prices, but because we are still in a bear market,
it is safest to buy top altcoins. Because usually the top altcoins can always recover, even though the price has fallen very drastically right now.
That's because the top altcoins have a high enough demand, so the risk is lower than investing in new projects. Regarding your choice of only
choosing to invest in ETH and BNB it is very understandable, because only ETH and BNB are the best compared to other top altcoins. And I made
the same decision as you, for now only invest in ETH and BNB, because in my opinion only the ETH and BNB development team can be trusted
in the current bad market situation.

A safe choice to buy ETH and BNB, but the risk of the price going down even more will be very large, seeing Bitcoin is unstable and tends to be in a bearish state. The top altcoins do have the highest demand and many are starting to come in and wait for prices to get lower. Choosing what altcoin you want to invest in is a personal decision and must be prepared with risks. need to do some research first.

ETH and BNB is really a good choice but there are lot of altcoins that have the potential to increase their value in the future and much cheaper. As of the market cycle today, it is not the right time to buy now which I think we will be in bear market and the best thing to do now is to wait until the value of other altcoins are in dipped and take advantage of the market.

Quote

What's your reason for buying altcoins?

Since you can buy them in cheap price which uou will have more shares than BTC like HOT, VET, and other altcoins that are on top 20.

kamvreto

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Quote from: udidrone on May 31, 2022, 10:29:23 PM

Quote from: udidrone on May 31, 2022, 10:29:23 PM

Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

buy and hold altcoin that have regular demand on their ecosystem. layer 1 coins will be first on our investment , dot bnb eth solana will be first choice how they have demand for transaction fee. with regular demand as basic fundamental price could steady or even rise with the growth on ecosystem.

Entering the 2nd quarter of this year altcoins continue to experience drastic declines, ethereum, binance coin, solana, and polkadot, all following bitcoin's sharp decline. This is a good time for the short term, before entering the 3rd quarter it is expected to experience a slight upward movement. I chose the 2 coins above, ethereum and binance coins, solana and poldokadot I'm still not interested, because the chances are very slim.

Even though now the price of Bitcoin has started to look up by about 6% compared to a week ago, the movement of altcoins still doesn't look up.
This means that as you said there is still an opportunity for us to buy altcoins at low prices, but because we are still in a bear market,
it is safest to buy top altcoins. Because usually the top altcoins can always recover, even though the price has fallen very drastically right now.
That's because the top altcoins have a high enough demand, so the risk is lower than investing in new projects. Regarding your choice of only
choosing to invest in ETH and BNB it is very understandable, because only ETH and BNB are the best compared to other top altcoins. And I made
the same decision as you, for now only invest in ETH and BNB, because in my opinion only the ETH and BNB development team can be trusted
in the current bad market situation.

A safe choice to buy ETH and BNB, but the risk of the price going down even more will be very large, seeing Bitcoin is unstable and tends to be in a bearish state. The top altcoins do have the highest demand and many are starting to come in and wait for prices to get lower. Choosing what altcoin you want to invest in is a personal decision and must be prepared with risks. need to do some research first.

BuNga_cute

full member

Activity: 1736

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Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

buy and hold altcoin that have regular demand on their ecosystem. layer 1 coins will be first on our investment , dot bnb eth solana will be first choice how they have demand for transaction fee. with regular demand as basic fundamental price could steady or even rise with the growth on ecosystem.

Entering the 2nd quarter of this year altcoins continue to experience drastic declines, ethereum, binance coin, solana, and polkadot, all following bitcoin's sharp decline. This is a good time for the short term, before entering the 3rd quarter it is expected to experience a slight upward movement. I chose the 2 coins above, ethereum and binance coins, solana and poldokadot I'm still not interested, because the chances are very slim.

Even though now the price of Bitcoin has started to look up by about 6% compared to a week ago, the movement of altcoins still doesn't look up.
This means that as you said there is still an opportunity for us to buy altcoins at low prices, but because we are still in a bear market,
it is safest to buy top altcoins. Because usually the top altcoins can always recover, even though the price has fallen very drastically right now.
That's because the top altcoins have a high enough demand, so the risk is lower than investing in new projects. Regarding your choice of only
choosing to invest in ETH and BNB it is very understandable, because only ETH and BNB are the best compared to other top altcoins. And I made
the same decision as you, for now only invest in ETH and BNB, because in my opinion only the ETH and BNB development team can be trusted
in the current bad market situation.

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: inery_blockchain on May 30, 2022, 02:24:27 PM

Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

buy and hold altcoin that have regular demand on their ecosystem. layer 1 coins will be first on our investment , dot bnb eth solana will be first choice how they have demand for transaction fee. with regular demand as basic fundamental price could steady or even rise with the growth on ecosystem.

Entering the 2nd quarter of this year altcoins continue to experience drastic declines, ethereum, binance coin, solana, and polkadot, all following bitcoin's sharp decline. This is a good time for the short term, before entering the 3rd quarter it is expected to experience a slight upward movement. I chose the 2 coins above, ethereum and binance coins, solana and poldokadot I'm still not interested, because the chances are very slim.

InpulseX

copper member

Activity: 63

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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 cryptocurrency market started to restore may be it just correction of the market but the situation in the world do not change.
Too many economical and political problems.

It is hard to say what is now restore of the market or just the temporary recovery.
Only time can show how long will be the fall for the market and when the real recovery will start.

NewRanger

sr. member

Activity: 1582

Merit: 333

Quote from: inery_blockchain on May 30, 2022, 02:24:27 PM

Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

buy and hold altcoin that have regular demand on their ecosystem. layer 1 coins will be first on our investment , dot bnb eth solana will be first choice how they have demand for transaction fee. with regular demand as basic fundamental price could steady or even rise with the growth on ecosystem.

mm2543363580

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Activity: 952

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Quote from: GOGE.Co on May 29, 2022, 04:01:11 AM

Quote from: GOGE.Co on May 29, 2022, 04:01:11 AM

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

Cryptocurrency market depends lot on the economical situation in the world.
Now all market falls and many people stopped investing because they don not have any money at all.

Many cryptocurrency market started to restore may be it just correction of the market but the situation in the world do not change.
Too many economical and political problems.

I wish to have a secure future and buy the things i want.
I feel I am already ready to bitcoin world - but then again there are so many gurus, from whom one can get a help and act like a pro in market.
However if I get a chance -I will buy Tesla- the new and latest iphone and a beautiful home in country.

inery_blockchain

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Activity: 34

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Quote from: Fomo_Chronicles on May 28, 2022, 10:28:14 AM

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

Cryptocurrency market depends lot on the economical situation in the world.
Now all market falls and many people stopped investing because they don not have any money at all.

Many cryptocurrency market started to restore may be it just correction of the market but the situation in the world do not change.
Too many economical and political problems.

GOGE.Co

copper member

Activity: 28

Merit: 0

Quote from: DeFi Doge on May 27, 2022, 09:06:55 AM

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

Now all markets are connected too much.
Economical situation in the world is very unstable and many people lost their jobs.
They simply do not have money for investments.

Cryptocurrency market depends lot on the economical situation in the world.
Now all market falls and many people stopped investing because they don not have any money at all.

Fomo_Chronicles

copper member

Activity: 62

Merit: 0

Quote from: DeFi Doge on May 27, 2022, 09:06:55 AM

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

The condition of cryptocurrency market depends a lot of economical situation in the world.
When all market falls many people stop investing in all assets including cryptocurrency.

Now all markets are connected too much.
Economical situation in the world is very unstable and many people lost their jobs.
They simply do not have money for investments.

bangjoe

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Activity: 1400

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Buying and investing in altcoins definitely the first thing to think about is wanting to get something that can be profitable, I can't avoid that. Henceforth I hold altcoins that have good long term potential besides bitcoin. But in some altcoins I do it in the near term, in other words to invest in the short term.

LUCKMCFLY

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At the moment I'm not buying alts, but I think the main reason to do so is because altcoins have lost a lot of value and it's a good time to buy them very cheaply and that's almost praying that BTC doesn't fall anymore, quite the opposite that goes up to generate a good 2x, 3x or more, this to recover investment and later change everything to BTC to continue earning more money, but of course as I said before, it is risky and represents putting a lot in danger, it is already the decision of each person to do it or not, although I would expect a little more due to the fundamentals that are currently happening.

maartenhaha

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Quote from: FiPi on May 26, 2022, 01:20:18 PM

Quote from: FiPi on May 26, 2022, 01:20:18 PM

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

Cryptocurrency market falls because all markets falls and situation in the world is very unstable too.
A lot depend how the world crysis will develop and how long it will last.

The condition of cryptocurrency market depends a lot of economical situation in the world.
When all market falls many people stop investing in all assets including cryptocurrency.

I don't think the crypto market has any effect on the world market, as yesterday during the pandemic season all markets fell, even the world market went down, but the crypto market on the other hand was getting better and better.

DeFi Doge

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