I think there is higher probability of huge profit by investing in altcoins if we could able to pick a suitable altcoin on right time for example lets take SOL those long term holders who bought SOL couple of years ago they all have earned huge profit with it although choosing a suitable altcoin for investment requires deep research which is absolutely necessary to do.
but not many people believe in a new project in development which of course takes a long time. when the market is in bad shape, of course, choosing a top market asset will be more profitable than investing in a new altcoin that is not necessarily a project that will survive in 1-2 years in the future. 
Topic: Why are you investing in Altcoins? - page 2. (Read 417 times)
I am not a heavy altcoin investor but I do have lots of different ones. It's not that I missed the boat, it's just too expensive for me on this stage.
Before ($300 per BTC) I can't also afford it due to financial needs for my newly made family and others. If it's still $300 now then I will surely purchase it but because it's not, I want to just risk it with altcoins and try to make profits. Those profits will then be converted for Bitcoin as I want to keep more as the future of it still shines bright.
I think we do have different reason why we didn't ride the boat and most of it will be in financial side.
Before ($300 per BTC) I can't also afford it due to financial needs for my newly made family and others. If it's still $300 now then I will surely purchase it but because it's not, I want to just risk it with altcoins and try to make profits. Those profits will then be converted for Bitcoin as I want to keep more as the future of it still shines bright.
I think we do have different reason why we didn't ride the boat and most of it will be in financial side.
Yeah. That's also a good point, I missed the Bitcoin train. Now If I want to make an investment in Bitcoin I need a good amount of money. So why did I choose Altcoin? We all know, the altcoin market is very volatile and it can give 100% pump within sort time also can be 0 any time. It's very risky but the reward is also good. Most of the time I like to buy legit coins. For trading most of the time I like to take a position in altcoins. It gives me a good risk-reward. Also for the long-term investment, I am still buying altcoin. Right now holding Matic, Cardano, Grt, NWC, TRON, and a few Ethereum. If Bitcoin hit $100k, that altcoin will give me 5x or more than I strongly believe.
I think there is higher probability of huge profit by investing in altcoins if we could able to pick a suitable altcoin on right time for example lets take SOL those long term holders who bought SOL couple of years ago they all have earned huge profit with it although choosing a suitable altcoin for investment requires deep research which is absolutely necessary to do.
Are the people who invest heavily in altcoin those that missed out on bitcoin maybe because of doubt or some skepticism at the time bitcoin was new and not as valued as today? Or Are the big investors in altcoin today more of those who were earlier investors in bitcoin and gained heavily from it, so are looking to gain heavily from another newcomer?
Your thoughts please? and why are you investing in Altcoins?
I'm into altcoins because Bitcoin is not enough and cryptomarket offers a lot of opportunities so better grab is as much as you can or else you wont be more productive and profitable. Your thoughts please? and why are you investing in Altcoins?
Bitcoin is not the only cryptocurrency, yes it started this revolution but he can't do everything this is why Bitcoin still need the altcoins to offer services that where Bitcoin is limited. We have to diversify, never put your money in one investment only that's too risky.
Are the people who invest heavily in altcoin those that missed out on bitcoin maybe because of doubt or some skepticism at the time bitcoin was new and not as valued as today? Or Are the big investors in altcoin today more of those who were earlier investors in bitcoin and gained heavily from it, so are looking to gain heavily from another newcomer?
Your thoughts please? and why are you investing in Altcoins?
Your thoughts please? and why are you investing in Altcoins?
Actually, the price of Altcoins is low compared to btc. So, I think most of the people are interested on Alts.
Why maximum people want to invest on altcoin, why not Bitcoin. we know that Bitcoin is popular and main currency but maximum investor and traders like altcoin. I want to share my opinion, that nowadays Bitcoin price is too high and new and old trader or investor can't make good profit from bitcoin, need more fund for bitcoin investment or trading. But for altcoin everybody can generate good profit becouse altcoin's price is very low. So everybody can make profit, so everybody invest on Altcoin.
Are the people who invest heavily in altcoin those that missed out on bitcoin maybe because of doubt or some skepticism at the time bitcoin was new and not as valued as today? Or Are the big investors in altcoin today more of those who were earlier investors in bitcoin and gained heavily from it, so are looking to gain heavily from another newcomer?
If you check the table of top-holders of Bitcoin you will see that there are only 3 addresses that have more than 100,000 coins. These people might have bought it just in the beginning.On the other hand, the biggest number of addresses is in span from 0 to 0.001 BTC. There are small investors and newbies that have bought bitcoin that has already risen in price.
Your thoughts please? and why are you investing in Altcoins?
I invest in altcoins because they are more likely to give me big profit than any mainstream currencies that have already had a big market cap. When Bitcoin is increasing by 10%, altcoins can increase by 10 or 100 times. Bitcoin also has its drawbacks, and some altcoins can make up for it. For example Bitcoin is not completely anonymous, on the other hand, Monero gives you a higher level of privacy.
Are the people who invest heavily in altcoin those that missed out on bitcoin maybe because of doubt or some skepticism at the time bitcoin was new and not as valued as today? Or Are the big investors in altcoin today more of those who were earlier investors in bitcoin and gained heavily from it, so are looking to gain heavily from another newcomer?
Your thoughts please? and why are you investing in Altcoins?
Your thoughts please? and why are you investing in Altcoins?
Because the trust of being an earlier investor will give you a huge return even though the risk is very big and some people are trust in some altcoin they believe that coin will had greater value in the future. the point is because of trust of the altcoins they choose. maybe someone invests because they imagine 0.001 to be 100 in the future i dont blame them but I'm sure people like that will fall for scam coin.
It is from various types of investors. The altcoins have been recognized due to some of them have been pumping and they're also investing into it before they miss some big gains. But most likely, those who invest more in altcoins are the ones that are hoping that they'll get ROI and more profit but it doesn't mean that they don't have bitcoin and missed investing in it during the lows. There is those type of investors that uses their profit to buy bitcoin.
Your thoughts please? and why are you investing in Altcoins?
Those who invest (but maybe more precisely trade) in Altcoins (include me) may think that one way to increase the amount of BTC they have is to look for profits on altcoins and use those profits to buy BTC and keep it for the long term. In the altcoin market we can make a profit faster but also vice versa, while BTC is more for the long term and even longer hold BTC will be more profitable. 
Nobody in their right mind "invests" actual money into Alts for the long term.
This never gets old to be honest and it's like a cycle. It's always live on the hype and for the hype alone and these smart investors are just to filling more onto their pockets.I'm day trader that's why i pick altcoin Low risk and high return
I think you are making a mistake here, altcoins are more risky rather than Bitcoin to be honest. You may have high return that's correct but if you are actually trading it (altcoins) and Bitcoin seems on the downward direction, these altcoins seems to be affected the most. 
We can see that the Altcoin market is very active, if we do deep research, there are many opportunities in many areas, with a much better profit margin than traditional or closer market participation is Bitcoin. But depending on the goals and accessibility of this field, being clear in investments will help limit the possible risks, instead altcoins that bring many opportunities also contain many risks.
I'm day trader that's why i pick altcoin Low risk and high return
i really like investing in alcoin, yesterday i invested in coin poolz at that time i bought coin poolz the price was $3 and now the price of coin poolz has reached $7.7 i have benefited from the poolz investment results and i am sure the price of poolz coins will nail again.
Nobody in their right mind "invests" actual money into Alts for the long term.
Those who can code and build, work for these and get tokens in return. As part of marketing, these get spread out to the public who form the USDC/ ETH/ BTC pairs by buying them up in open market or ICOs. Most people, who aren't naive, tend to cash out and retrieve their principal soon after listing. In case the rest of the shit goes parabolic, you rejoice and join Twitter shilling about how your coin is the next big thing.
If it catches on, you earn more money. The method is quite simple and just too much money floating around if you can learn about crypto. I won't say its all that easy but if you know the right people and can code and put up a website, the chances of you making a lot of money without worrying about delivery are pretty high. Those who "buy into" Alt-coins hoping it'll be a worthy investment are generally being fooled by someone.
Those who can code and build, work for these and get tokens in return. As part of marketing, these get spread out to the public who form the USDC/ ETH/ BTC pairs by buying them up in open market or ICOs. Most people, who aren't naive, tend to cash out and retrieve their principal soon after listing. In case the rest of the shit goes parabolic, you rejoice and join Twitter shilling about how your coin is the next big thing.
If it catches on, you earn more money. The method is quite simple and just too much money floating around if you can learn about crypto. I won't say its all that easy but if you know the right people and can code and put up a website, the chances of you making a lot of money without worrying about delivery are pretty high. Those who "buy into" Alt-coins hoping it'll be a worthy investment are generally being fooled by someone.
i saw people turn small amount of money to thousands and millions of dollars. many smart people that can not make it in the traditional market are becoming useful and making more money on crypto. they were able to achieve this using altcoins. i want to be part of that team. i want to be successful while i manage my other hours job. currently working hard to make this happen.
Are the people who invest heavily in altcoin those that missed out on bitcoin maybe because of doubt or some skepticism at the time bitcoin was new and not as valued as today? Or Are the big investors in altcoin today more of those who were earlier investors in bitcoin and gained heavily from it, so are looking to gain heavily from another newcomer?
Your thoughts please? and why are you investing in Altcoins?
Safe to assume that they are or they are that of a kind of investors that want to diversify their money. No one can tell to on who are these investors are because some new investors right now are more like institutions and just new too because it's getting more traction and it's too huge to ignore that's why they are hopping to. For example, VISA got into NFTs. Your thoughts please? and why are you investing in Altcoins?
with me, simply because I feel it gives better returns, doesn't mean I have to spend much on it because I still hold bitcoins. It's just that for every BTC bull phase that begins, switching my portfolio between btc/altcoin/stable coin is what I feel is necessary to achieve good returns.
Jump to: