Topic: What's your reason for buying altcoins? - page 9. (Read 2904 times)
The reason why I buy altcoins is simple - the probability that their value would multiply is higher compared to Bitcoin. Any altcoin can do x2 in a very short period of time under particular circumstances. But it is impossible for Bitcoin to double its value if someone announce something, or it gets listed on new exchange and etc. For example if tomorrow USA says that Bitcoin is now their one and only currency, its value wont jump to $+88k. But if they say that, for instance, USDCoin is now their only currency, its value would do x100 as a minimum. Ability to increase value multiple times and wide range of offers are the reasons I buy altcoins.
Usually it's a certain number of reasons and then with enough luck the whole reason is valid for holding a lot of altcoins. I myself entered this market out of curiosity, but then seeing the many opportunities it brought me, I spent a lot of time learning the knowledge in the market, and now I feel quite comfortable with it everything.
A lot of lesser known altcoins have very few people participating in them and thus either has most people buying or most people selling. That is actually how you see those rapid crazy 100% gain and 100% loss charts: if everyone is buying...of course the price goes up.
Variations in buying coins are always in the market so that everyone who buys it always happens at different times and also on different coins so it is not easy to increase the price in the market because now the choice of coins is increasing and everyone is not buying at the same time.For me the best option to buy coins is simple, if I know that everything will go in the direction of the metaverses, because the best coins and the fastest investment and I think it will be in the medium and long term are the metaverses, this can trigger projects of all kinds, even for NFT games, it also represents a great opportunity, because investing in a token from the metaverse and specifically in an NFT game that manages to be safe, I think it will be the best investment, however, everything represents a risk and depends on those who they want to assume.
There is no denying that most of us buy altcoins to invest in order to make money or make a lot of money, also utilities are also part of the interest, but it is unlikely that the future will have many altcoins go with bitcoin or bitcoin defi as i know SOV or TBdex like Jack Dorsey's concept - and i'm probably waiting for it as a next level altcoin. But for now, I'm surprised and amused by the metaverse
However, there is no exception, must be strict because the ratio of altcoins is thousands of types, you have to choose the right flock of your chicks. Dyor is a way to make money - I call it meaningful earning. lol
However, there is no exception, must be strict because the ratio of altcoins is thousands of types, you have to choose the right flock of your chicks. Dyor is a way to make money - I call it meaningful earning. lol
Exactly, I believe even though I don't know if there are Altcoins that can do what Bitcoin has done from its creation till now in terms of percentage gains, I do however believe that there are good Alts you can invest in that can still make you good profits from staking to launchpads
For good Altcoins, it is clear that there are and I also always choose the best according to my personal analysis for now so there is no need to rely on advice from many people if it is only to choose Altcoins, because the target goal is also very clear, namely a decent profit.It is up to you if you follow your own instincts because you think you are better than anyone else but there are people that they think they are not good enough so they seek for advices and often follow people that have an experience in this field. All of us want to earn decent and I do not think the person that recommends you an alt will deceive you and recommend you an altcoins that perform poorly unless if he is a scammer and he is only shilling his coins.
My main reason is that I want to make a big profit and immediately buy a new car, currently I work in an office with a monthly salary of around $ 400, the necessities of living alone including room rent are around $ 350, this is what makes it difficult for me to save so cryptocurrencies are the hope to realize a lot Case.
Exactly, I believe even though I don't know if there are Altcoins that can do what Bitcoin has done from its creation till now in terms of percentage gains, I do however believe that there are good Alts you can invest in that can still make you good profits from staking to launchpads
For good Altcoins, it is clear that there are and I also always choose the best according to my personal analysis for now so there is no need to rely on advice from many people if it is only to choose Altcoins, because the target goal is also very clear, namely a decent profit. 
A lot of lesser known altcoins have very few people participating in them and thus either has most people buying or most people selling. That is actually how you see those rapid crazy 100% gain and 100% loss charts: if everyone is buying...of course the price goes up.
Variations in buying coins are always in the market so that everyone who buys it always happens at different times and also on different coins so it is not easy to increase the price in the market because now the choice of coins is increasing and everyone is not buying at the same time.
I invest in alt Coins because they are very low at this time while bitcoin is very, very high. And altcoin, give us a good profit when it's pump. So specially Metaverse and web 3.0 token, which is very good for investment. It can easily give us from 5 x to 10 x. While if we invest in bitcoin it, forgive us only 20% to 50% So this why I invested on altcoins
Just taking a little dollar profit from trading now, bear market makes it difficult for me to choose good coins to hold for longer, I guess I'm lucky because lately bitcoin price has been going up. I can take profit quickly.
Why are you confused? should be in a down market situation like now is the right time to buy (especially if stored for a longer time). why don't you choose potential coins like ETH, BNB and MATIC ? This altcoin is very promising if stored for a long time because it is proven that the longer the price of this altcoin continues to increase.
Just taking a little dollar profit from trading now, bear market makes it difficult for me to choose good coins to hold for longer, I guess I'm lucky because lately bitcoin price has been going up. I can take profit quickly.
My portfolio is very low on alts. I am heavily in bitcoin & am less interested in alts. I have to be honest though, my reason for buying & owning alts is because you can make really high returns which I mostly always convert to bitcoin or fiat. I don’t believe in alts long term, I wait for them to pump & then I dump.
Altcoins are only good for making money. But at the end of the day, they're simply "copies" of the original cryptocurrency (which is Bitcoin). Even smart contract platforms like Ethereum and BSC are based on Bitcoin's blockchain technology. There needs to be originality in order to beat the "Father of all Cryptocurrencies". Considering that most (if not all) altcoins depend on Bitcoin to survive, tells us that Bitcoin is what it's all about. We should take advantage when altcoins' prices pump to buy more Bitcoin (instead of selling BTC for alts).
I wouldn't advise anyone to sell for Fiat (unless you need the money right away) as it greatly defeats the whole purpose of crypto/Blockchain tech. Who knows how long altcoins will last? Just my thoughts
Altcoins are much more risky and volatile than Bitcoin, but the potential profit one can easily get here is really huge sometimes. So, no wonder that people are trying their luck on this market 
My primary goal is to increase the amount of Bitcoin. But I trade for Alts/Usdt profit. Because Alts/Btc graphics are very unstable. It is not easy to evaluate them correctly. They cause too many errors. So, the best way for me is to trade Alts/Usdt. In addition, I don't think there is a coin that can surpass Bitcoin in the near or far future.
For all possible profits, it can be fiat, for conversion into bitcoin or ether, or any other cryptocurrencies that I think are valuable. After seeing the great bull run that made a lot of altcoins move up. I think that it's not that late to hold a few altcoins that I think will be growing that much when another bull run comes. Well, if it didn't go well that's just normal and fine to me. But if this bet goes in and becomes profitable, I'll convert it to fiat if I need some cash but mostly in bitcoin and a few in ETH.
Altcoin is much profitable then bitcoin and Ethereum. All altcoins have possibility to pump more then 100% in one day but bitcoin or altcoin haven’t this chance. but here altcoin investment is must risky. Even then i like Altcoin investment coz of my little money.
Are you saying Bitcoin or Ethereum? anyways, I too believe that you can make just as good profits from investing in Altcoins if you do not have enough funds for investment in Bitcoin and Ethereum and this is the main reason I too like some specific Altcoins investments and not just any Altcoin.
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Altcoin is much profitable then bitcoin and Ethereum. All altcoins have possibility to pump more then 100% in one day but bitcoin or altcoin haven’t this chance. but here altcoin investment is must risky. Even then i like Altcoin investment coz of my little money.
If you like Altcoins for a lack of money, then you immediately love Bitcoin, just because you don't have enough money to buy them right now. So there's no need to deny that here where you say Altcoins are much better than Bitcoin in terms of price movement.You need to know that any Altcoin will not be able to pump much when Bitcoin starts to crash in the market, you can see the evidence for yourself in the market, both when Bitcoin is increasing and when Bitcoin is declining.
Altcoin is much profitable then bitcoin and Ethereum. All altcoins have possibility to pump more then 100% in one day but bitcoin or altcoin haven’t this chance. but here altcoin investment is must risky. Even then i like Altcoin investment coz of my little money.
yes, altcoins will indeed be very profitable in some market conditions even the profits will exceed 100%. but the risk of loss will also be the same.even if the amount of my money is small, i will still choose ethereum or bitcoin. I realize market conditions are unpredictable, sometimes i also choose to keep some new altcoins. but that's very rarely I do.
Altcoin is much profitable then bitcoin and Ethereum. All altcoins have possibility to pump more then 100% in one day but bitcoin or altcoin haven’t this chance. but here altcoin investment is must risky. Even then i like Altcoin investment coz of my little money.
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