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Topic: why people are always interested in altcoins - page 13. (Read 4351 times)

full member
Activity: 336
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Obviously making money is only reason behind investing with altcoins even after knowing that, how risky those are. Now in this bear market, bitcoin pumping gradually while people can make a lot by doing short trade of altcoins. Even people are now increasing their interest on some hyped altcoins which are similar to gambling which is highly risk but gaining roi is also larger
While the allure of investing in altcoins to make money is undeniable. Always keep in mind that cryptocurrency market carries significant risks. The current bear market presents an opportunity for short trades in altcoins but it is important to approach them with caution. Hyped altcoins can be tempting like gambling and offer a potentially high return on investment. However, it is important to balance the attractiveness of a large ROI with an understanding of the risks involved. By carefully evaluating and diversifying your portfolio, you can move more cautiously in this market and increase your chances of long term success.
full member
Activity: 518
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Altcoins are a favorite of investors because altcoins are indeed able to provide much more profit than Bitcoin itself,
because Bitcoin in 2020 to 2023 is already very expensive, different from 2010 to 2016 the price of bitcoin is still very cheap and of course still profitable.
but altcoins will also be very risky, we have seen many altcoins that end up being scams, even those with strong fundamentals also end up being scams and rugpull.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
only in altcoin you could score some massive return, many are saying that it's because innovation and technology but lets be quite frank here, no one really cares about that, most of them only care in regard of the profit they gonna generate.
meme coin is one of the example here, no utilities at all yet could strive quite easily even surpassing majority of coin despite having good innovation they still beaten by meme coin that's just randomly appear.
if you think that speculative nature is great, maybe you could score some profit after all, it's always this kind of speculative asset that many are looking for to turn around their life and generate some massive money within short amount of time.
member
Activity: 742
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Bitcoin is the most well-known cryptocurrency and is considered to be a safer investment than altcoins. Some investors, choose to spend on altcoins because of the belief that altcoins have the potential to outperform Bitcoin in the long run. It is important to DYOR and only invests money that you can afford to lose.
full member
Activity: 798
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Reward: 10M Shen (Approx. 5000 BNB) Bounty
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

almost everyone must have the same reason because altcoins are high pumping. and that's one of the many other reasons. and the reason why I am interested in altcoins is because altcoins have affordable prices and have lots of choices for us to make as investments. Bitcoin investment for long-term investment, while altcoins are medium and short-term investments.
member
Activity: 378
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There are several reasons why people are interested in buying altcoins. One of them is because altcoins have the potential to provide enormous profits with small capital in a relatively short time. Therefore, many people are interested in investing in altcoins to earn huge profits.
Yes, today altcoins are profitable, because people are interested in them, because you can buy worthwhile altcoins and if you dispose of them correctly, you can make very good money on this in the future, the main thing is to wait a bit for prices and sell them at a higher price, that's the reason for the interest in altcoins to mankind
full member
Activity: 280
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everyone is interested in investing in alcoin because of the significant benefits, not a few people have already made profits by investing in alcoin, so alcoin investment is in great demand by many people.

I agree with you if many people have made profits in altcoins but you should also know that many people have lost a lot of money in altcoins.An investment in an altcoin does not mean that all altcoins will give you profits.For this you have to investigate the whole crypto market and choose the best and top projects,and after complete information you can expect profit when you invest in these altcoins.

Because many projects fail later on and cannot sustain themselves in the bear market, choosing an altcoin should be a very thoughtful decision.
full member
Activity: 1119
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There are several reasons why people are interested in buying altcoins. One of them is because altcoins have the potential to provide enormous profits with small capital in a relatively short time. Therefore, many people are interested in investing in altcoins to earn huge profits.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
because there are still many opportunities in a project where it is possible to give a high ROI if entered at the right time, I once participated in a move to earn STEPN project, and I got quite a high profit because I joined at the start.

I agree with you,
if we want to get a big profits, then investing in altcoin is the right choice, because altcoin prices can still increase very high, so we can still get a big profits from investing in altcoin (although the risk is also big), because if the project from the altcoin there is no progress then of course the price will definitely go down, so if we choose to invest in altcoin, then we must also be prepared for the risks (losing money), because investing in altcoin provides a big profits, but of course with a big risks too.


If you failed to do your research the chance of losing your investment is always there with alt market, but you are right in terms of possible profits, if you manage to pick the right coin the value can grow as huge as you imagine bringing big profits to your initial investment, always do your DYOR and observe if how the market is moving before sorting the market.

Obviously making money is only reason behind investing with altcoins even after knowing that, how risky those are. Now in this bear market, bitcoin pumping gradually while people can make a lot by doing short trade of altcoins. Even people are now increasing their interest on some hyped altcoins which are similar to gambling which is highly risk but gaining roi is also larger

That's the sole purpose of investment, trying to find the right project that can bring you decent profits. Most of those crypto investors seen an open opportunity. That's why they are using this venue to invest.
full member
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Obviously making money is only reason behind investing with altcoins even after knowing that, how risky those are. Now in this bear market, bitcoin pumping gradually while people can make a lot by doing short trade of altcoins. Even people are now increasing their interest on some hyped altcoins which are similar to gambling which is highly risk but gaining roi is also larger
full member
Activity: 1470
Merit: 105
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because there are still many opportunities in a project where it is possible to give a high ROI if entered at the right time, I once participated in a move to earn STEPN project, and I got quite a high profit because I joined at the start.

I agree with you,
if we want to get a big profits, then investing in altcoin is the right choice, because altcoin prices can still increase very high, so we can still get a big profits from investing in altcoin (although the risk is also big), because if the project from the altcoin there is no progress then of course the price will definitely go down, so if we choose to invest in altcoin, then we must also be prepared for the risks (losing money), because investing in altcoin provides a big profits, but of course with a big risks too.
sr. member
Activity: 1610
Merit: 406
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Nobody really likes altcoi if it weren't for the benefits and low prices they offer. If I had $60,000 I would prefer to invest in BTC ETH or BNB. But since I only have $1,000 in my pocket, of course I will try to find altcoins that have good potential. This is the reality experienced by many people in this forum I think.  Grin Grin
member
Activity: 569
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Goldeth.io
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

all traders must have a high risk if we do not make purchases on time. Bitcoin and altcoins both have a high risk. but why do so many people choose bitcoin because the growth of bitcoin every year always increases and always finds new ATH. and people choose altcoins because they are relatively cheap and also have good potential in some altcoins in the future.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
because only by investing in altcoin you can get rich quickly, even though the risks are very big too, therefore if you want to invest in altcoin, then you better really do your research first and of course never be greedy, so if you are already get profit, then I suggest selling 50-70% and the rest you can hold until the price increases very high.
I think you are overdoing it when you study alcoins so you can assume investing in alcoins can get rich, it's not that easy there are lots of things to learn starting from alcoins, the market and keeping up with the latest news, so I can conclude it's not that easy to get rich in many things What to study before you jump to conclusions.

Actually, he does have a point, really. I mean why would we invest in a certain field if we're not looking and seeing ourselves to get rich and make our lives more comfortable compared to what we have now. Sure, it is a long laborious way but that's what we need to do in-order to achieve our goals in life while filtering the altcoins that we needed to invest to somehow make the process faster.
hero member
Activity: 3038
Merit: 617
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?
In my case, the explanation is simple – the desire to get a quick profit. Only a couple of projects were interested. But investments in them just brought nothing.

Definitely the case when people sees how much money a regular person profit after having billions of SHIb with just less than $50 and then made it 10x, its a pipe dream come true. Another example of this was the users who has PEPE coins just weeks ago.

Countless of users made a tron of money since 2017 bull run. Some of us just got it from bounty campaigns. And because it was spread on social media, the hopefuls are investing.

member
Activity: 476
Merit: 12
https://imgur.com/1d0UcY0
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?
In my case, the explanation is simple – the desire to get a quick profit. Only a couple of projects were interested. But investments in them just brought nothing.
full member
Activity: 756
Merit: 100
the interest in altcoins is definitely profit, altcoins are far more volatile than bitcoin, so the opportunity for altcoins pump will be higher, but of course altcoins have the same high risk and profit
sr. member
Activity: 446
Merit: 250
I'm 70% sure that altcoins are the top choice for investing,
in my opinion one of the right reasons is that altcoins are able to generate much bigger profits than Bitcoin,
lots of altcoins have gone up 100% in this bear market, while Bitcoin is still trying to recover,
yes, this is the difference that we can see, it is from that difference that many people prefer altcoins.
You have to review the movement patterns of all altcoins and not just look at the top gainers every day, many of the worst altcoins are because bitcoin conditions don't recover from corrections, so investor interest in investing in altcoins has decreased because of the rush effect of the altcoin scam even though it has been listed on top exchnge, so don't just choose altcoins because only a few altcoins are up 100% because of the hype news, but think about safe investments for long term investment.
full member
Activity: 1260
Merit: 103
The OGz Club
I'm 70% sure that altcoins are the top choice for investing,
in my opinion one of the right reasons is that altcoins are able to generate much bigger profits than Bitcoin,
lots of altcoins have gone up 100% in this bear market, while Bitcoin is still trying to recover,
yes, this is the difference that we can see, it is from that difference that many people prefer altcoins.
sr. member
Activity: 602
Merit: 260
Honestly, my investment in altcoins is higher compared to Bitcoin when it comes to their DCA accumulation. Because I believe that the chances of me getting a big profit from altcoins are higher compared to Bitcoin.

Although there is a risk if you are not sure what you are buying, I am sure that their value will increase for me, especially when the rally of the bull run on Bitcoin starts, it is 100% that the altcoins I hold will also follow, because it is impossible no.
You cannot avoid the risk of loss from altcoins, some altcoins are stagnant in price and do not recover even though the Bitcoin market recovers high, so don't just think about the high profit factor but altcoins are not guaranteed to get price returns in the future, so consider every altcoin you buy is top altcoins.
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