Topic: Why invest in altcoin? - page 78. (Read 17451 times)

I think many people are deceived by the rapid growth of the price of bitcoin. Everyone's waiting. what altcoins will be able to repeat this way. I think this is a mistake. Some coins can, but how to guess? There's probably over a thousand of them.

The first reason is obviously the desired profit margin to be achieved with inevitable increases. The other reason is technology, which is the reason why very few people use it. Since each cryptocurrency has different technological infrastructure, these technologies attract attention of some investors or techies.

Because nothing else will give such a huge return. Where you can earn thousands of percent in a month? I think no where, but the risks here are appropriate.

I always invest in BTC if I want to get a reliable profit from long term project later and I use altcoins if I want to get income as soon as possible.

I think because the investment in altcoint is nothing to lose, because altcoint altcoint altcoints are really potential and have good prospects for the future do not get the wrong choice, hope you are lucky to invest in altcoint

Alternative cryptocurrencies are more universal and mobile I think. For example, they are able to give an income faster than BTC and it is the main their plus here.

An excellent company for investment should be selected according to the following criteria:
- it is displayed on rating sites, with a good rating;
- The team consists of professional people with real profiles in the networks;
- the product of the company has a real right to life;
- she has excellent and well-known advisers

Investing in real estate and the stock market will never bring such profits as buying a currency, which gives up to 100% per day.

It depends actually on the skill of a person where he or she is more exposed to.  If you learn more skill on trading altcoins then maybe you will be most comfortable in this than in a stock market or a real estate. On the other hand, It is very simple to understand that people do invest because they knew they could earn money. Because of this idea people are tempted to invest just like investing on stock market or real property.

Agreed. Tokens that are in the top, they are already formed. Found their audience and working on the modernization of the project. Here expect some of the shots useless. It is better to join the young altcoins, which the world has not yet recognized.

Right now altcoin is also good for investing,
there are some good altcoins to invest like ethereum, neo, and litecoin,
maybe if we invest on altcoin then the profit we get is also great

precisely!..if you are going to deposit your cash in bank, it will give you a very small interest..but once you invest in altcoins, for sure it will doubled...but be careful in choosing altcoins, invest only in a trusted and secured platforms in order for you to become successful!

There's a lot of potential in altcoin,but my option that I would like to involve is ethereum because this currency is already regulates higher prices and ethereum proves that it has a brighter future. We can say were ucky here to invest because we can earned good profit through bases the market fluctuation

There are many altcoin that have the potential,
reading and researching skills are the key.

Altcoins are only valuable if they have an actual use case and the token economics make sense.

My favorite altcoin AMB is a utility token for a Swiss supply chain platform which is run by multi tiered decentralized master nodes and payouts for node operators are tied to the number of data "bundles" processed and stored each day.

So one of the ingenious things about AMB’s tokenomics is that while all the bundles are fixed at a USD price of $10 (to make adoption easier and consistent), the bundle price is actually paid in AMB based upon the current USD-AMB exchange rate. Therefore, even if you don’t have a node and are simply holding AMB, you are still holding the fuel for the entire AMB-NET. As the network grows, demand for the Nectar, which you hold, will also grow.

Another ingenious part of AMB’s network design is that every time a bundle is purchased, the network will automatically burn 5% of the AMB used to purchase the bundle. As mentioned above, as the network grows, demand for AMB will also grow as users will need it to purchase bundles. This growth in purchased bundles will subsequently increase the rate at which AMB is burned. So the more the network grows, the faster the burn rate is for AMB which will create scarcity. So you have this dichotomy where as the network grows not only will demand for AMB rapidly increase but at the same time, the supply of AMB will rapidly decrease due to more burning. As you’d learn in a basic econ class, an increased demand OR a decreased supply will lead to a price increase. But having both an increased demand AND a decreased supply happening simultanesouly can really cause a snowball into huge growth.

Because with successful investments you can earn much more than on real estate or bank deposits. I myself could see this in practice.

Remember to always pick a spot to sell and never hold an asset forever , "hodling"is a bad strategy as you should always be looking for new assets and technologies to invest in. This is still a new and relatively small sized market ($600BN) with lots of room for growth , and it is going to experience a lot of change in the future with new technologies, regulations and users. While investing in alt coins may see higher short term returns , it is important to make sure that you diversify and have a larger % of your portfolio on trusted coins with a high market cap, solid tech, large teams/support such as XRP, ETH. Most importantly, remember to educate yourself about the asset before you invest, visualise its future potential and try think outside the box.

because i want to deepen and understand altcointlk and before i join i still study till now, because studying and deepening takes time too, what else altcoin very much ,

I agree, there is a lot of potentials in investing with different altcoins than in real state and stock market. Also we can buy cheap altcoins compared to expensive real state and stock market.

Yes, it is more easier to get profits from altcoins than Bitcoin but if one is not familiar with the market, it is always better to stay in Bitcoin as the risk involved is minimal when compared with other altcoins. Although altcoins might perform better than bitcoin when you check the ability to double in price within a given time frame, bitcoin is still more safe.