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Topic: What's your reason for buying altcoins? - page 7. (Read 2898 times)

newbie
Activity: 104
Merit: 0
Alt coins brings you more profits than Bitcoin. Bitcoin is more like a stable coin, its pumping rate is slow compare to those alt coins which makes 100x in a day. They don't even wait for a year before running to 1000x as the case may be. Investing in Bitcoin is not risky because of it's large market cap and trading volume. Many alt coins pump and dump. Not all alt coins are listed on Top exchanges like binance. I would urge you to start the crypto space with alt coins, their gains are massive.
sr. member
Activity: 574
Merit: 250
Here we should talk about chances because Bitcoin price was on the bull run in the first quarter. I don't find any reason to buy Bitcoin. So the big chances or percentage goes for flat currency or stable coins. In a simple or historical way, Bitcoin won't cross the last ATH. Almost 1 year has passed since Bitcoin's price is stuck in one place where we can make some profit from Bitcoin, but profit expectations must be low.
sr. member
Activity: 1582
Merit: 250
Buzz App - Spin wheel, farm rewards
Only reason for altcoin holding is make much profit than fiat holding. Altcoin grow very soon with their usecases and also polpularity. There is so many altcoins which made 1000x in just few days if you think politely about your future then you also know about the main reason in altcoin investment! Also now a days buying bitcoin is too much costly for a new small investor altcoin is perfect on that also
the thing that has always been everyone's hope is waiting for the 1000x coin increase, but all about patience to be a success, many people don't accept the process. for me it's all about experiences that will change from our attitude to problems that can be faced. the risk that must be accepted can accept.?
full member
Activity: 504
Merit: 101
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.

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?


I voted for Fiat currencies, my reason is the volatility. I'm afraid to lose so much if the token becomes less valuable. unlike fiat currencies that is stable
jr. member
Activity: 956
Merit: 1
Only reason for altcoin holding is make much profit than fiat holding. Altcoin grow very soon with their usecases and also polpularity. There is so many altcoins which made 1000x in just few days if you think politely about your future then you also know about the main reason in altcoin investment! Also now a days buying bitcoin is too much costly for a new small investor altcoin is perfect on that also
legendary
Activity: 3136
Merit: 1233
Top Crypto Casino
The main reason why we invest in cryptocurrencies is to earn as much as possible on it.
I invest in new and cheap altcoins with the hope that in a few years, or maybe even in a few months, their price will shoot to the moon and thanks to this I will earn on Lambo.  Grin
it is common reason investors coming year, hype that describe we can be rich man only in several days or month was be main reason. and actually its proven to some people , they get their lambo or maybe having land as assets.

The reason I buy and hold bitcoin is to chase fiat and BTC profits expecting the altcoins I own to the moon.
I only believe that the altcoins I own will increase many times in value but not if they exceed the market value of Bitcoin or Ethereum.
pick altcoin with strong fundamental  as long term investment if we believe to its future feature that attract alot investors. several project with solid team and roadmap will getting stronger in several months or year. bitcoin as main cryptocurrency market have special attention and recognized as market mover.

I have seen the roadmap of FUN token and it promises a lot and so it did since April last year but the price of such altcoin is just 0.01 Cent and its all time was 0.19 Cent.They have implemented a Dplay casino,you can use FUN also to buy or pay for trips through some website I forgot the name now,also many other plans they say that are in place for 2022 yet the price is not moving at all.What I want to say is that even having strong fundamentals backing it up not always is converted to a higher price for such altcoin.
jr. member
Activity: 48
Merit: 14
Some of them have superior returns. My mantra is to invest in alts, make profits and stack more sats with those profits
https://everycoinprice.com/?symbol=AXS&interval=1year&exchange=0
jr. member
Activity: 201
Merit: 1

The ability to earn money attracts a lot of people to the cryptocurrency industry. Many altcoins grow in price even more than Bitcoin.
That is why people prefer to buy altcoins to have maximum profit.
But many things depends on how useful altcoin is. For example appear altcoins that help to save money during shipping, trip or vocation https://www.facebook.com/permalink.php?story_fbid=102517842352379&id=101007292503434

Cryptocurrency continue to be very ustable and unpredictable.
It is hard to say if cryptocurrency market will continue to rise, but many people believe that cryptocurrency market will rise.

The main reason that people to buy altcoin is to earn money.
Now many altcoins allows different opportunities that allow people to earn money.
Many altcoins are use now for investement opportunities.
More and more people prefer cryptocurrency than fiat.
sr. member
Activity: 1582
Merit: 333
The main reason why we invest in cryptocurrencies is to earn as much as possible on it.
I invest in new and cheap altcoins with the hope that in a few years, or maybe even in a few months, their price will shoot to the moon and thanks to this I will earn on Lambo.  Grin
all of have same dream why investing in crypto market.hope and faith to be rich person be main purpose and goal involving in crypto. moroever we see alot altcoin soar with unrational return only in few days or even hours. speculation in new coins now rising since it used as main strategy to earn money fastly without care with risk itself.
sr. member
Activity: 2100
Merit: 309
~snip~

Now cryptocurrency market rise and a lot of investors will have opportunity to earn money on investment in cryptocurrency.
A lot of new projects will appear and investors will have a big choice of different projects.
It is very important to check everything to evaluate the prospects of the project.

The main reason to buy altcoin is its price growth.
People buy altcoin to earn money on the price growth.
But it is necessary to create demand in an altcoin. The more demand the higher price of an altcoin.

A lot of people invest in altcoins because their ROI is sometimes higher than Bitcoin itself but many of them don't aware of their risk tho. Well, it's acceptable if Altcoins we invest in are top altcoins but if we invest in new altcoins we should be careful from choosing them because many of them will end scam and don't forget that we should use our money that we can afford to lose.

In addition to investing because of ROI, it should be underlined that ordinary people also tend to think investing in cryptocurrencies can result in a redistribution of wealth in no time. so it's not surprising if someone who comes to the world of cryptocurrency often experiences losses because they only see it from one side and without thinking about the risks that will be accepted. Regardless,I always recommend using "beginner" cold money before investing in altcoins and don't forget to research the project further.
One decision and reason only about investing or buying altcoin is ROI or how possible to get much profit every trading altcoin time, but some time have trader or investor not really smart how to earn profit because panic time buy several altcoin on the top price and make them keep as an long term holder. I think need most good technical way how to be smart trader and keep consistent with getting ROI or profit every time buying altcoin.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
The main reason why we invest in cryptocurrencies is to earn as much as possible on it.
I invest in new and cheap altcoins with the hope that in a few years, or maybe even in a few months, their price will shoot to the moon and thanks to this I will earn on Lambo.  Grin
it is common reason investors coming year, hype that describe we can be rich man only in several days or month was be main reason. and actually its proven to some people , they get their lambo or maybe having land as assets.

The reason I buy and hold bitcoin is to chase fiat and BTC profits expecting the altcoins I own to the moon.
I only believe that the altcoins I own will increase many times in value but not if they exceed the market value of Bitcoin or Ethereum.
pick altcoin with strong fundamental  as long term investment if we believe to its future feature that attract alot investors. several project with solid team and roadmap will getting stronger in several months or year. bitcoin as main cryptocurrency market have special attention and recognized as market mover.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
The main reason why we invest in cryptocurrencies is to earn as much as possible on it.
I invest in new and cheap altcoins with the hope that in a few years, or maybe even in a few months, their price will shoot to the moon and thanks to this I will earn on Lambo.  Grin
member
Activity: 630
Merit: 24
As of now Im trying to get more and more helium and deeper network cryptocurrencies. When I check helium network on the map it becomes bigger and bigger everyday,they have such a structure of rewards that people want to use these hotspots,therefore i think price will be much more than now.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
the reason I buy altcoins is to get fiat profits and why in altcoins because if I invest in bitcoin my capital is only a little for bitcoins which are too expensive so I choose altcoins that are still cheap and I think with a low price I will get a big profit.


One of the things by which you can make profits is with altcoins, because if you look at it, right now if the war develops completely it is difficult for it to rise in price, in fact it is very likely that BTC will fall even more , but the moment the market recovers, or the BTC recovers and is on an upward trend, that is when the benefits of altcoins will be seen. As you think, it is the best, but you have to have the stomach to resist as long as it takes until BTC rises in price. Here you have to have an investor-style thinking, not extract the money from the investment until you see benefits, you can apply the principles that Warren Buffet teaches in his books, which are fully applicable to the crypto market.
member
Activity: 83
Merit: 11
~snip~

Now cryptocurrency market rise and a lot of investors will have opportunity to earn money on investment in cryptocurrency.
A lot of new projects will appear and investors will have a big choice of different projects.
It is very important to check everything to evaluate the prospects of the project.

The main reason to buy altcoin is its price growth.
People buy altcoin to earn money on the price growth.
But it is necessary to create demand in an altcoin. The more demand the higher price of an altcoin.

A lot of people invest in altcoins because their ROI is sometimes higher than Bitcoin itself but many of them don't aware of their risk tho. Well, it's acceptable if Altcoins we invest in are top altcoins but if we invest in new altcoins we should be careful from choosing them because many of them will end scam and don't forget that we should use our money that we can afford to lose.

In addition to investing because of ROI, it should be underlined that ordinary people also tend to think investing in cryptocurrencies can result in a redistribution of wealth in no time. so it's not surprising if someone who comes to the world of cryptocurrency often experiences losses because they only see it from one side and without thinking about the risks that will be accepted. Regardless,I always recommend using "beginner" cold money before investing in altcoins and don't forget to research the project further.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
~snip~

Now cryptocurrency market rise and a lot of investors will have opportunity to earn money on investment in cryptocurrency.
A lot of new projects will appear and investors will have a big choice of different projects.
It is very important to check everything to evaluate the prospects of the project.

The main reason to buy altcoin is its price growth.
People buy altcoin to earn money on the price growth.
But it is necessary to create demand in an altcoin. The more demand the higher price of an altcoin.

A lot of people invest in altcoins because their ROI is sometimes higher than Bitcoin itself but many of them don't aware of their risk tho. Well, it's acceptable if Altcoins we invest in are top altcoins but if we invest in new altcoins we should be careful from choosing them because many of them will end scam and don't forget that we should use our money that we can afford to lose.
full member
Activity: 756
Merit: 111
cro.baby
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?

I invest in bitcoin because in my opinion bitcoin is the only best coin of all time. and this is indisputable. so I keep trying to collect as many satoshi as possible, and hope that someday with the scarcity of bitcoins and the increasing price, then I have some bitcoins in the future. this is not just a goal but this is my ideals future.
copper member
Activity: 57
Merit: 0

The ability to earn money attracts a lot of people to the cryptocurrency industry. Many altcoins grow in price even more than Bitcoin.
That is why people prefer to buy altcoins to have maximum profit.
But many things depends on how useful altcoin is. For example appear altcoins that help to save money during shipping, trip or vocation https://www.facebook.com/permalink.php?story_fbid=102517842352379&id=101007292503434

Some altcoins will allow earning much profit. But not all altcoins will be able to survive during the fall of the market.
Only the best altcoins that are really useful for people will be able to survive.
Also, a lot depends on how long will be a fall in the market.

The reason to buy altcoins is to earn money on investment because the price of altcoins rises.
Now cryptocurrency market restored and many people trust cryptocurrency.
The economical and political situation in the world is difficult and many people prefer to use cryptocurrency.
copper member
Activity: 28
Merit: 0
February 28, 2022, 06:36:48 AM

The ability to earn money attracts a lot of people to the cryptocurrency industry. Many altcoins grow in price even more than Bitcoin.
That is why people prefer to buy altcoins to have maximum profit.
But many things depends on how useful altcoin is. For example appear altcoins that help to save money during shipping, trip or vocation https://www.facebook.com/permalink.php?story_fbid=102517842352379&id=101007292503434

There are a lot of new altcoins that appear every day, but a lot depends on how useful is the altcoin and how people will use it in the future.
That is why it is very important to evaluate the future potential of altcoin before investing not to lose money on the investment.

Some altcoins will allow earning much profit. But not all altcoins will be able to survive during the fall of the market.
Only the best altcoins that are really useful for people will be able to survive.
Also, a lot depends on how long will be a fall in the market.
sr. member
Activity: 1610
Merit: 294
www.licx.io
February 27, 2022, 02:55:21 PM
I vote for fiat/dollar profits because the majority of exchange volumes are now extremely vulnerable to corrections, and alt-coin fundamentals are becoming increasingly important. For example, When news broke that the Russian central bank sought to ban bitcoin, for example, crypto was still sideways and going up when the news broke, but the next day it smashed down hard.
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