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Topic: why people are always interested in altcoins - page 3. (Read 4345 times)

full member
Activity: 560
Merit: 161
People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
People pick interest on altcoins just to make quick profit which they are aware of the risk that is involve in investing altcoins.  It is only greed that will make one to prefer to invest altcoins than Bitcoin. Altcoins are highly risky than Bitcoin and people feel that bitcoin is too expensive to invest, the opportunity of investing in bitcoin is always open, and some people prefer altcoins to bitcoin because they feel getting profit in bitcoin takes time.
legendary
Activity: 2758
Merit: 1004
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People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
Apart from that, people tend to think that Bitcoin is already quite expensive, and are not satisfied with just buying a few dollars of Bitcoin, so another alternative is that they buy altcoins that suit the capital they have. Apart from that, altcoins still provide big profits for some people, so people continue to use popular altcoins, or new altcoins. Apart from that, altcoins sometimes provide big profits for people who don't have that much capital, even though they carry big risks. However, I feel that people are more inclined to accept the risks of altcoins because they feel that the capital they are using is not too large, so they are more prepared for the risks.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
well even the shittiest coin sometime might have pump, i guess thats just how it is with these coins in general, some of them might be some empty project but still gonna get some volume if recognized enough by some random people, but we must know that such liquidity is shallow, could definitely gone within few weeks. therefore its not recommended to invest in some shitcoin.
altcoin in general are indeed giving more profit than bitcoin or ethereum even though ethereum itself is altcoin but we are talking about smaller capital coin here and the reason is because their volume and market cap is still relatively low that they are easy enough for some whales to pump, i've seen various pump at this bullish season alone.
hero member
Activity: 1232
Merit: 516
Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc
altcoins are also often chosen because they are often cheaper and very accessible. And yes, they can bring more profit if the market allows this, which is why many beginners first focus more on altcoins.
and if they can buy potential altcoins at right time then no need to worry about. But all altcoin aren't cheap at all. Ether bnb solana those altcoins pumped a lot and become so over price. Although they have potentiality but in the long run they'll pump max 3-4x, where others altcoins like matic, sui, fantom could be 10x. Thats why perfect time important when a person can buy eth, solana tooo like some months ago, was the perfect time to buy cheap

It doesn't matter if the project is cheap or not if it has massive upside potential. As an example the current price of the LINK token is around 15$ and if it reaches 200B in marketcap in the next bull run then it is still almost 200X return for the investor from here but many will say the LINK price is super high right now but these short-sighted people won't see the potential of LINK in the long run. It is all about making profit and if you are making it with some high-value token then there is nothing wrong with it.
member
Activity: 372
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Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc
altcoins are also often chosen because they are often cheaper and very accessible. And yes, they can bring more profit if the market allows this, which is why many beginners first focus more on altcoins.
and if they can buy potential altcoins at right time then no need to worry about. But all altcoin aren't cheap at all. Ether bnb solana those altcoins pumped a lot and become so over price. Although they have potentiality but in the long run they'll pump max 3-4x, where others altcoins like matic, sui, fantom could be 10x. Thats why perfect time important when a person can buy eth, solana tooo like some months ago, was the perfect time to buy cheap
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.

Such hope brings investors to this venue to try finding their luck in investing with potential asset that can bring them that huge profits, alt project is being use for investment in hope that if by chance and by luck investor will repeat that result from how ETH and those other alt projects that recieve huge pumps.

Invetors are willing to take the risk knowing that the chance of getting scam is high, they are trying and hoping that one of this day they will manage to pick the right coin and they will earn that desire success.
legendary
Activity: 3752
Merit: 1415
People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino

Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.
One of the reasons why people prefer altcoins is because is because of the profits we can easily make investing in it. There is no much stress investing in altcoins except the risks that are involve 2hich include making the mistake investing in projects that become rug pull.
We need to be careful about our decision because that is where people normally make the mistakes from. This is one of the reasons why investing in Bitcoin is less risky compared to altcoins that can end up crashing out.
hero member
Activity: 1232
Merit: 516

Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.
full member
Activity: 560
Merit: 161

Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
Bitcoin is the first choice for investment. And second choice is eth. If we see the chart of bitcoin, when it is pumping 5%. On the other hand, the altcoins are pumping 10%-20% and it is more profitable more than btc and eth. That's way, I also invest in altcoins.
Yeah there are risks in the altcoin market it is a good idea to invest in btc and eth then other altcoins. My first choice for investment is btc and eth as these currencies are a little less risky. The first and most well known cryptocurrency with a market capitalization. It has a limited supply, high liquidity Ethereum is the second largest cryptocurrency by market capitalization with the highest market capitalization.
Altcoins are coin that you can gamble  with, to invest just a small amount of money that if it get lose it won't cause any hard feeling. Bitcoin and eth are investment better, they might be slow to bring profit but it is safe to invest on this coin than some altcoins which they are much unpredictable in the market , they can be much profitable but may not last long in the market. Altcoins are not what people needs to depend on much or as main investment.
If you lose in altcoins, it won't cause hard(hurt) feelings? I guess you do not mean that because altcoins are even more dangerous than Bitcoin, they are such that are more volatile in which you can lose huge amounts of money in very little time. This is even with a small amount of money, it doesn't make any difference when the money loses a huge size of it very fast. This is unlike bitcoin which might drop and still will not give you any heart attack. But the beauty of altcoins is that they can earn for you more just as they can make you lose more. If you invest in the right projects, you might be shocked that in just a month, you have earned more than x10 of your investment in some of them. This is real and people enjoy it every day. This is why people do not often care about the reliability of the coin/token when it comes to projects at times, or the assurance that the coin/token could survive for long just like Bitcoin. But for the money and the little moment they can get to maximize their profits, they will definitely give it a try. It is good that it is working for many.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
As has been said by other members. What makes Altcoins attractive even though Bitcoin is better is that they often offer higher returns than Bitcoin. We often see news about several altcoins that can provide returns of up to 10 times a year. Even though there are many risks in altcoins such as projects being abandoned by their developers, this still does not diminish someone's enthusiasm for trying their luck in altcoins.
full member
Activity: 560
Merit: 161
Bitcoin is the first choice for investment. And second choice is eth. If we see the chart of bitcoin, when it is pumping 5%. On the other hand, the altcoins are pumping 10%-20% and it is more profitable more than btc and eth. That's way, I also invest in altcoins.
Yeah there are risks in the altcoin market it is a good idea to invest in btc and eth then other altcoins. My first choice for investment is btc and eth as these currencies are a little less risky. The first and most well known cryptocurrency with a market capitalization. It has a limited supply, high liquidity Ethereum is the second largest cryptocurrency by market capitalization with the highest market capitalization.
Altcoins are coin that you can gamble  with, to invest just a small amount of money that if it get lose it won't cause any hard feeling. Bitcoin and eth are investment better, they might be slow to bring profit but it is safe to invest on this coin than some altcoins which they are much unpredictable in the market , they can be much profitable but may not last long in the market. Altcoins are not what people needs to depend on much or as main investment.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
You should always make a choice with extreme caution, Ethereum is the easiest in this regard. The trust base of this crypt is at the highest level, you do not need to study it in detail, the main thing is to understand all the trading mechanisms, invest only when you think that the currency will grow.

The crypto market is not in your favour always therefore evaluate your abilities and search well before investment and trading because there are so many individuals who enters into crypto market with lack of knowledge but they failed to get success and now they are taking laon to recover their losses but unfortunately the time is over.

Ethereum is the base through which altcoins are trusted more otherwise every other altcoin possess some risk so choose the best altcoins otherwise you will regret to choose new altcoins without investigations. Some time people know all the things about trading but they selected wrong coin due to which they loss money so study is not limited to learn rules only but identification about coin is also must.
sr. member
Activity: 896
Merit: 255
Tontogether | Save Smart & Win Big
Bitcoin is the first choice for investment. And second choice is eth. If we see the chart of bitcoin, when it is pumping 5%. On the other hand, the altcoins are pumping 10%-20% and it is more profitable more than btc and eth. That's way, I also invest in altcoins.
Yeah there are risks in the altcoin market it is a good idea to invest in btc and eth then other altcoins. My first choice for investment is btc and eth as these currencies are a little less risky. The first and most well known cryptocurrency with a market capitalization. It has a limited supply, high liquidity Ethereum is the second largest cryptocurrency by market capitalization with the highest market capitalization.
You should always make a choice with extreme caution, Ethereum is the easiest in this regard. The trust base of this crypt is at the highest level, you do not need to study it in detail, the main thing is to understand all the trading mechanisms, invest only when you think that the currency will grow.
hero member
Activity: 2170
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This is the reality, even though in a moment that we all know that altcoins is too risky but still we will buy cause one thing for sure that once the price will go up then profit is on the way. Anyways we can see many people around the globe who are aiming to have altcoins even though they failed before but still they will buy altcoins. But their main investment is Bitcoin cause we all know how Bitcoin work less risky and good profit in the future.
Yes, there are still many advantages that can be obtained from altcoins, such as their low price and high potential for increases. In fact, people still buy meme coins that don't have clear prospects, because the upside potential is high, and the price is cheap. For example, we buy a coin at a price of $0.01 for $50. When the price of the coin rises to $0.02, then we have got an asset worth $100. and a price increase from $0.01 to $0.02 looks very likely.
member
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Bitcoin is the first choice for investment. And second choice is eth. If we see the chart of bitcoin, when it is pumping 5%. On the other hand, the altcoins are pumping 10%-20% and it is more profitable more than btc and eth. That's way, I also invest in altcoins.
Yeah there are risks in the altcoin market it is a good idea to invest in btc and eth then other altcoins. My first choice for investment is btc and eth as these currencies are a little less risky. The first and most well known cryptocurrency with a market capitalization. It has a limited supply, high liquidity Ethereum is the second largest cryptocurrency by market capitalization with the highest market capitalization.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
This is the reality, even though in a moment that we all know that altcoins is too risky but still we will buy cause one thing for sure that once the price will go up then profit is on the way. Anyways we can see many people around the globe who are aiming to have altcoins even though they failed before but still they will buy altcoins. But their main investment is Bitcoin cause we all know how Bitcoin work less risky and good profit in the future.

Yeah, even how risky it is there are always people who will love taking that risk, and when luck come and back them up profits will take place, we can't remove that fact that there are many investors who still loves playing with alts and they are interested with profits that this venue will provide for them. Not an easy task though but always have that time to study and learn the fundamentals before diving to any investment from this market.

Keep in mind that both bull and bear seasons are present and they give opportunity to every investors who can take the risk.
full member
Activity: 588
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Epsiloan Protocol
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?

Reason why people may buy altcoin includes:
👉👉 Ignorance
Ignorance make some people to buy altcoin. They believe they can't have such huge money to buy just 1 BTC. They never know you can buy as low as you can avoid.
👉👉Pumping
They believe altcoin can be pumped anytime. And most time it comes with a very surprising pump where it may go ×100 within few minutes.
👉👉 Ability to buy much coin with little dollar
You can get thousands of some altcoin with little dollar you have.

But for me, what prompt me most time to buy altcoin is the expected pump.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Probably because of the diversity of the altcoins I guess.  Grin
the diversity can be a factor but definitely not that big of a factor its mainly because it suited for smaller capital to starts out and to get quite good profit so that they can later can invest in something like bitcoin.
arguably, the volatility is also the thing that many people favor since they can be getting some good profit out of it. by just simply taking advantage of the volatility.

This is the reality, even though in a moment that we all know that altcoins is too risky but still we will buy cause one thing for sure that once the price will go up then profit is on the way. Anyways we can see many people around the globe who are aiming to have altcoins even though they failed before but still they will buy altcoins. But their main investment is Bitcoin cause we all know how Bitcoin work less risky and good profit in the future.
the fact that the investment risky which equats to more volatility only means more opportunity for some people, you know if the market is stagnating people are making less and less profit but with volatility they will have more chance but of course at the end of the day there's no guarantee that they would instead always kept profitting off the volatility, maybe are the one who lose who knows.
but the point being with these altcoin in general is that they are volatile and usually priced so low its more interesting for many people compared with major coins.
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