why people are always interested in altcoins - page 14.

wheelz1200

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Quote from: Stella Mese on January 26, 2023, 07:32:08 PM

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?

Greed, simple. People feel like they missed out on bitcoin and want to hit the next bitcoin. People also think bitcoin is expensive and can't afford one so they like alts because they are "cheaper" and can buy a ton. It's a physiological play as well. Either way greed is involved and they want to catch the next run with a coin that can double, triple, etc their money.

domoy77

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Quote from: Jocuserious on April 30, 2023, 11:19:37 AM

Because of profits chance for that why people interest altcoins. If you are a long time investor then buy btc and best safety. But if you want short time investment profits then buy altcoins. All altcoins will never profitable but a good altcoins never upset you.

The profit factor is the main thing that traders want for short-term trading, but every altcoin has a risk to trade because the altcoin hype is only temporary and the coin will be ignored if the whales have taken profits, so anyone involved in altcoin investment must consider the risk because even the top coins can turn into Scam coins so we are missing important information that has been analyzed by professional traders.

Jocuserious

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Because of profits chance for that why people interest altcoins. If you are a long time investor then buy btc and best safety. But if you want short time investment profits then buy altcoins. All altcoins will never profitable but a good altcoins never upset you.

SistaFista

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Buying bitcoin is safer than buy other altcoins indeed because bitcoin already have a solid value.
But when it comes to altcoins, it opens a new opportunity to new investors to buy it early.
That's why many people interested in altcoins, because new coin means new chance to get some profits.

gunhell16

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Quote from: Stella Mese on January 26, 2023, 07:32:08 PM

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?

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.

kelonmusk

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Everyone has their own reasons for buying altcoins, but I can understand where you're coming from. The potential for high pumping is definitely an attractive feature for many investors. However, it's also important to remember that there's a higher risk involved with altcoins compared to Bitcoin.

While some people may be motivated by the possibility of higher returns, others might be more cautious and stick to Bitcoin as their primary investment.

Warkop

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Altcoins are an alternative way to invest because the prices are various and even relatively cheap, as far as I know that investing with bitcoin or other coins is very difficult to buy with finances that are fairly mediocre for life's needs, therefore most people choose to use Altcoin as an alternative to owning Bitcoin or something like that, because many people already know that besides owning Bitcoin they can grow by buying ETH, BNB, or other big coins..

Bolivar_Tony

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People are looking for the next king, imagine if you had invested in bitcoin or ethereum, they were been sold in cents and pennies, you could have been a millionaire by now, so altcoins gives people the opportunity to invest with the little they have and hope it does well in the future, and many people have made great money doing so and many have lost money too doing same thing... It's all about luck Grin

Dessy88

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People are more expected bull market can come every year last time so that's why many investors want invest in altcoin at the last time. Altcoins is a way where we can make profits buy investing. If you couldn’t invest altcoin then why you here? Crypto currency means altcoins market with loss and profits games. You are a expert in altcoins market then you can play game.

Cornia

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During every bullrun, there is a huge pump of some altcoin like the huge growth of BNB coin during the last bullrun. Besides, some memecoins like Doge, SHIBA have been pumped up to 100x. So everyone likes to invest in altcoins. Because huge amount of return is available from here.

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Quote from: barhavsky on April 28, 2023, 09:34:04 AM

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.

barhavsky

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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.

BRINIRHA

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The hype for altcoins has actually grown the crypto community itself. Be it towards Bitcoin investors or only on Altcoins. and usually what brings the hype is from new altcoin projects that have good fundamentals. As we currently see the hype against L-1 altcoins like Sui Network. and it looks like this project will soon launch its mainnet. And many people are interested in this altcoin because they see that the companies that are investors behind this project are big companies. And what makes people interested in altcoins is because altcoins have high upside potential when new projects are launched. But of course the risk is very big. but I think people are also aware of this risk.

JeffBrad12

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Quote from: Magic-Money on April 27, 2023, 09:51:18 AM

The reason why most people invest in alt-coins is because the percentage return of investment is very high, when you invest in a right coin, and also has a Big risk from dumpster. But Bitcoin has a rest of mind and is a gradual process of the price appreciative while having patient and set a target when to sell.

that's right but it's also caused by the fact that it rather requires low capital to invest relatively different if compared with bitcoin and even ethereum where if you just invest something little not more than $50 even the increase of value will have somewhat small effect on your investment overall, altcoin are just right for starting out with the rather smaller capital and build your way there.
so it's only normal that so many people out there are interested in investing in an altcoins, just see that even with smaller capital you could make some really massive returns in which rarely happens with those bigger market capital coins let alone bitcoin but of course there's also underlying risk of losing the investment which is considered fine by most since it's small capital which we are talking about.

Victorik

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I believe people buy altcoins just for the same reason as you. For someone with about 100$ to invest, it will make more sense to invest in altcoins for more profit. BTC is for those with deep pockets.

Fesatmas

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Quote from: n0ne on April 17, 2023, 06:45:33 PM

People aren't interested into altcoins compared to bitcoin. Everyone have the thought of diversifying the investment than investing completely on bitcoin. This is the reason we were able to see good number of people into altcoins. Next thing about altcoin investment is the profitability. It used to give high ROI than bitcoin. However only the luckiest used to be successful whereas the majority fails. So, the risk is high and people who are much into cryptocurrency analyse and invests.

Apart from being profitable, because ALtcoins are so cheap that most people can afford them, and it seems that they are betting on ALtcoins to get more profit than what they expected, but yes, as you said, the risk of losing Altcoins is completely.
Meanwhile, the bitcoin price offered is too expensive which affects people investing in bitcoin, just like I have $ 1000, if I buy bitcoin I will get bitcoin in decimal, whereas if I buy altcoins I will get more in my wallet.

Quote from: kevindjunaidi on April 23, 2023, 12:55:00 AM

because only investing in altcoin can give you a profit of more than 10x from your capital, therefore there are still many people who believe to investing in altcoin, but if I personally prefer to invest in altcoin that are already in the top 100 on coinmarketcap (to minimize risk), because investing in altcoins has a big risk, so don't let us choose the wrong altcoin for us to invest.

So what I see everyone says that it refers to the object of profitability that he will get if the altcoin they hold is hype or has updates that make the coin bullish, so the hope of x10 can be achieved with altcoins.

Abiky

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Quote from: gurunanakji777 on April 26, 2023, 08:26:33 AM

There is no rocket science involved in it, as people are mostly interested in Altcoins because they are comparatively cheaper than Bitcoin and have a higher chance of return on investment. However, not all Altcoins perform well, only a few of them give good returns. To make a profitable investment, one needs to analyze and choose good coins carefully. Otherwise, Bitcoin is the safest option if we talk about the safest coin.

Besides being cheaper than Bitcoin, altcoins bring new features not found on the original BTC blockchain itself. People want to try out new and exciting things, so they choose altcoins as their "playground". Scammers know how much people love altcoins, so they deceive them in every way possible to steal a lot of money in return. The vast majority of altcoins are centralized, meaning they're highly-susceptible against external attacks and/or manipulation.

To thread safely, I'd suggest you put a large portion of your investment into BTC, while leaving the rest on a select number of prominent altcoins on the market. Once BTC "explodes" in price, you'll be able to gain some decent profit from your altcoin holdings. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Just my thoughts Grin

Magic-Money

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The reason why most people invest in alt-coins is because the percentage return of investment is very high, when you invest in a right coin, and also has a Big risk from dumpster. But Bitcoin has a rest of mind and is a gradual process of the price appreciative while having patient and set a target when to sell.

woez

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Quote from: Desmong on April 17, 2023, 06:18:23 PM

Quote from: sithumini17 on April 17, 2023, 08:01:15 AM

Most people think altcoins will give them a big income than mager coins. If its a good,impressive project the investors will involve. In this case altcoin holders gain a good income as they expect.

one of the reasons is because sometimes new coins that enters the market do move well than even Bitcoin. If you have plenty of them and they spike, that means we are going to be earning more from the market. So many reasons why people refer holding altcoins than Bitcoin is altcoins can give you quick profits compared to Bitcoin.

Yes, it is true that altcoins can offer higher returns than Bitcoin, especially if they are new and have strong potential. However, it is important to remember that with higher rewards come higher risks. Investing in altcoins requires a lot of research and due diligence, as many projects fail to live up to their promises. My opinion may seem general that it is important to diversify your portfolio and not put all your eggs in one basket, whether it's Bitcoin or altcoins.

gurunanakji777

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There is no rocket science involved in it, as people are mostly interested in Altcoins because they are comparatively cheaper than Bitcoin and have a higher chance of return on investment. However, not all Altcoins perform well, only a few of them give good returns. To make a profitable investment, one needs to analyze and choose good coins carefully. Otherwise, Bitcoin is the safest option if we talk about the safest coin.

Topic: why people are always interested in altcoins - page 14. (Read 4345 times)