Topic: why people are always interested in altcoins - page 27. (Read 4345 times)
Altcoins' volume isn't as big as bitcoins, and when some noticeable change happen in the price and in its volume, people will think that there's something happening in the coin that they tend to invest in it before they get left behind by the train. Afterwards, FOMO will kick in, price will increase rapidly, and bam, those who sit on the coin for too long will reap the rewards and get the benefits the most. At least, that's what I think what pushes people to invest on altcoins. If people tell you that they invested in an altcoins because of the 'technology' then they're plainly bullshitting you.
Of course it's the profit that makes them buy altcoins. We can't deny that the possible profit on altcoins is much wider compared to bitcoin, This is for the majority of altcoins which includes those hype,shitcoins. Though the risk is the same as the earning potential, It will dramatically increase depending on what kind of altcoin it is. There are others who really believe on the new technology or product that certain project is planning to release but those who are really interested and excited with the project goal and not on the possible profit only has a very small percentage.
Bitcoin is a good and profitable option but altcoins could also be a good source of profit specifically the potential coins. They are also volatile but we can take advantage of them and earn from them in the long run. We can't rely on Bitcoin only because altcoins also offer an opportunity for us to earn. There will also be a big risk but good altcoins especially the top coins that are well-established are worth the risk.
It’s only and only for profits. If you invest in altcoins then the chances of getting profit increases. The reason is very simple. Altcoins are generally not stable, so they increase or decrease in price in high percentage, hence people get huge profits from it. But remember one thing, along with the profit, the risk involved here also increases. So more is the risk, more is the chances to get loss and along with that high is the profit. That’s why who have lots of money and really wants to do big trades, they invest in altcoins. Others go for some investment in Bitcoins or ETH.
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?
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?
Well in comparison to traditional financial assets, like gold, stock markets or investment fonds, an investment into Bitcoin is still very very risky because price movements of 10% up or down are happening pretty regularly with Bitcoin. Within the crypto space though i think it is a safe thing to say, that Bitcoin is the safest and most stable crypto project out there to invest in. This means that during a bull market Bitcoin usually is not pumping that hard in comparison to most altcoins, but this also means that it is losing way less in value than Altcoins during a bear market. Bitcoin is now down to like 35% of it's ATH while many altcoin projects are still down 99% or even more.
So altcoins have still moonshot potential but of course also a way way higher risk.
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Many people like to buy altcoins because they can buy a larger amount at a lower price. It's different if they want to invest in bitcoin because they have to provide a very large amount of money before they can have a lot of bitcoins.
Those who invest in altcoins are tempted to get big profits within a certain period so they are willing to use their money to buy certain altcoins. They hope that if they invest in lots of altcoins, they can provide big profits even though it will depend on the results of their analysis because not all altcoins can increase even though the altcoin season has arrived.
Those who invest in altcoins are tempted to get big profits within a certain period so they are willing to use their money to buy certain altcoins. They hope that if they invest in lots of altcoins, they can provide big profits even though it will depend on the results of their analysis because not all altcoins can increase even though the altcoin season has arrived.
People buy altcoins because they’re a lot cheaper than bitcoin & even though it’s a lot more risky to buy & hold centralised alts, they can bring bigger returns than bitcoin. It’s not something that I am particularly comfortable doing but some people risk it all in alts.
I find that avid altcoin investors are very interested in fiat profits which is different to a lot of bitcoin only investors. Many of the latter believe bitcoin could become very important in the world of finance, maybe a means of moving money for global trade or even the world reserve currency in years to come. I don’t think for example, Shib investors think that’s possible with their token.
Do your own research & be careful out there.
I find that avid altcoin investors are very interested in fiat profits which is different to a lot of bitcoin only investors. Many of the latter believe bitcoin could become very important in the world of finance, maybe a means of moving money for global trade or even the world reserve currency in years to come. I don’t think for example, Shib investors think that’s possible with their token.
Do your own research & be careful out there.
According to altcoin price movements, it is more significant when there is a percentage increase in price than bitcoin, even though the price movement mechanism is generally technical, tends to follow bitcoin movements.
this is what makes many investors and traders prefer to pursue higher profits in altcoins but a hope that is in accordance with the bitter risk of very high altcoins
this is what makes many investors and traders prefer to pursue higher profits in altcoins but a hope that is in accordance with the bitter risk of very high altcoins
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?
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?
I guess maybe they think that altcoin is a get rich scheme, I mean you can literally buy a lot hold and then wait till some entity pumps it hard. Or better yet like what happen to Doge, sooner or later there will be one influencer that will ride on that popularity.
And so if bitcoin can give us like x10, altcoins for some investors will yield more than that.
So it's their obvious choice to get quick money, instead of solid investment like Bitcoin.
Reasons are;
- possible huge profit due to price manipulation/hype
- some altcoins have the potential for long-term investment
- investing in Bitcoin alone is also risky, choosing a few altcoins is better (at least we have some options)
Investing in altcoins is actually profitable provided that it was not a scam project. That is why we should also check the potentiality of the project, not just the price.
Possible huge profit I think reason why many people priority investing in altcoin than bitcoin, I don't sure with manipulation or hype with altcoin but low budget and huge profit earn this main reason why altcoin is priority for investing. Don't forget with altcoin have huge risk, actually huge return will having huge risk due many time altcoin price drop drastically. - possible huge profit due to price manipulation/hype
- some altcoins have the potential for long-term investment
- investing in Bitcoin alone is also risky, choosing a few altcoins is better (at least we have some options)
Investing in altcoins is actually profitable provided that it was not a scam project. That is why we should also check the potentiality of the project, not just the price.
Talking about long term investing in altcoin have huge potential profit after seeing many altcoin price drop under $1 last several years and today have been reached above $50 until $100. But many time wrong choose when investing in altcoin after few days price pump and lately drop drastically until potential delist on market.
My main reason is bitcoin will not give me another chance to make bunch of money. You need lots of fund to make money from bitcoin while you can do that even with small amounts of money through altcoins. These days people were massively seeking profit from investing their money into the altcoins. i think that you shall aware that if the fact that if these days altcoins can give you more than bitcoin. Even if you were not a part of early adopters and you can still make like a few hundreds percents in less than a month which is good.
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?
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?
Bitcoinists don't like altcoins because they're a market that just pumps and dumps and disappears, they don't like risk and they want to be safer with bitcoin. But I am here to make a profit and am willing to take the risk as long as they are profitable, I will not refuse. I don't see anything wrong with investing in altcoins, as long as you know what you're doing with your money, you can invest it wherever you think is right for you.
Advice to invest in bitcoin and stay away from altcoins there is nothing wrong as people wanting you to be safe, but the decision is up to you as no one will give you any profit, you have to make it yourself, so the decision is in you.
Reasons are;
- possible huge profit due to price manipulation/hype
- some altcoins have the potential for long-term investment
- investing in Bitcoin alone is also risky, choosing a few altcoins is better (at least we have some options)
Investing in altcoins is actually profitable provided that it was not a scam project. That is why we should also check the potentiality of the project, not just the price.
- possible huge profit due to price manipulation/hype
- some altcoins have the potential for long-term investment
- investing in Bitcoin alone is also risky, choosing a few altcoins is better (at least we have some options)
Investing in altcoins is actually profitable provided that it was not a scam project. That is why we should also check the potentiality of the project, not just the price.
What you said is one of the biggest reasons. High chance for a high pump although the high risk is included. Ain't it all high? 
It's an opportunity to hit the jackpot.
Many altcoins had been pumping when ICO made a good run on the cryptocurrency industry. I did experience it myself when one of my supported altcoins hit the biggest price on the market. Because of that, I made some good profits and invested it in real estate, for myself and my family.
Now, the same thing want to be experienced by altcoin buyers, that one big pump that will change their financial life.
It's an opportunity to hit the jackpot.
Many altcoins had been pumping when ICO made a good run on the cryptocurrency industry. I did experience it myself when one of my supported altcoins hit the biggest price on the market. Because of that, I made some good profits and invested it in real estate, for myself and my family.
Now, the same thing want to be experienced by altcoin buyers, that one big pump that will change their financial life.
It's okay if you're also buying altcoins but don't neglect of keeping bitcoin as much as you can. It's like you want to expand your portfolio but you do understand the risk that it has. There's no guaranteed profit but you take the risk and let things do on its own based on the chosen altcoin you've bought.
I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
My reason is that not all about pumping, you're investing based on your emotions. My reason is just the same as bitcoin and I've chosen those altcoins that had a stable run (not stable coins). What I mean with that, those that have already the foundation and has seen that are in the top now. 
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?
It was actually a practical decision but never I found it wrong. In fact, it was not also advisable to just invest in Bitcoin alone, investing in good altcoins is also profitable. It can't be denied that many people have gained a lot of profit from investing in hyped projects, they got too lucky about it and people got interested in doing this. As long as you are not investing dead coins, that is still fine. 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?
Along with my Bitcoin, I have BNB and ETH in my wallet and plan to add some someday when the market had recovered. I'd just wait for the perfect time.
I think everyone it's agree.
In-altcoin while on the bullish moment, the increasement comparing to major coin like (BTC/ETH). They have more % increase rather than major coin top 10 list, that's why everyone who are entering "alt-coin" for investment only.
They have more bag spread in different % on alt-coin meanwhile "BTC" could be only around 30-40% of his asset.
In-altcoin while on the bullish moment, the increasement comparing to major coin like (BTC/ETH). They have more % increase rather than major coin top 10 list, that's why everyone who are entering "alt-coin" for investment only.
They have more bag spread in different % on alt-coin meanwhile "BTC" could be only around 30-40% of his asset.
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
I think the simple reason for all the investments in altcoins has the same goal and nuance to find big profits with minimal funding. Bitcoin is no exception, but between a small and risky investment fund compared to a large investment fund with little risk. It is a choice or launch portfolio in the right way.we have to choose the right altcoin and what we can do is one of them by doing research first,
big or small risk depends on how we manage it.
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?
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?
The sole purpose of investing is profit, and so is investing in altcoins, I think there is no other reason. Most people invest in altcoins because they want to get bigger returns, and there is nothing wrong with them investing in altcoins. People's mistakes are being too greedy to put their trust in altcoins or being too hasty with the ambition to get rich quickly and forget about the risks they face. I like to invest in altcoins because of their returns but since it's too risky I wouldn't put too much money in them and never put it all in altcoins.
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Re: why people are always interested in altcoins
Profit.Altcoins especially the low market cap ones tend to move faster than those altcoins at the top as they are easier to be pumped and dumped by the whales. People don't want to be bored and investing in Bitcoin might be boring for some as it moves slower than altcoin thus, they preferring to invest into altcoins than Bitcoin as their price move faster. Higher risk = higher rewards.
We've seen many altcoins that just went up and now at the top out of nowhere. Coins like Polkadot, ICP, Solana etc. Altcoins are way riskier than Bitcoin, but can give you higher profits than Bitcoin and that's the reason why people are always interested in investing into altcoins. Profitability.
Profit is surely a main motive here. But there are people who believe in it's future and innovations. Bitcoin surely would remain dominant for years to come but they won't always be in the top. As market adapts to changing economy, people would start looking for use case and efficiency on running the network. Both of which, bitcoin fails to modern currencies. I personally still has larger portion of my portfolio on bitcoin but I'm always exploring from promising new coins which could be the future.
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