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Topic: why people are always interested in altcoins - page 4. (Read 4143 times)

sr. member
Activity: 1064
Merit: 343
Hhampuz is the best manager
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.
newbie
Activity: 26
Merit: 1
Probably because of the diversity of the altcoins I guess.  Grin
legendary
Activity: 2940
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
The reason why people develops fast interest on altcoin is because they believe they can make quick gains in investing altcoins.  Human as the nature of making money quick , since altcoin is a short term investment people will want to invest to make quick gains. This mentality of making quick money has really led people in going into wrong investments that didn't last that all money was lost. It is important people needs to find out more about a coin before going intoit for investment.
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.

As it is the intention why you are entiring the market, it's all about profits, no one in the right mind that will say that they are investing or trading because they wanted to lose their money right? It's just the same with any other investment, alt coin is being supported by investors and traders as they are seeing opportunity to earn money.

That desire keeps them to find right project to invest their money, some may succeed but the percentage will always small compared to those who will going to lose, as you mentioned, whale is always around and they always have the upper hand.
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
High returns in altcoins have attracted people. Investors have become more interested in altcoins to earn good profits despite the high risk involved in investing in artcoins. There are also opportunities to invest very small amounts of money in altcoins. That is why people are always ready to invest in altcoins regardless of the high risk involved. Experienced investors understand which altcoins are worth investing in. But new entrants to altcoins don't quite know which altcoins to invest in. Altcoin investing is like gambling if you choose the wrong altcoins you will lose all your money in no time. So I think, must do proper analysis before investing in altcoins to keep money safe.
I think learning to distinguish a good coin is fairly easy, eitherway if someone really do want to avoid the possibility of getting scammed they could just stick with investing on whatever available there in the big platforms like binance and coinbase, but the thing is that, with doing that they missed opportunity of making big profit from investing at the very early phase which honestly also have a risk of losing money because early phase is definitely the phase where the project is very volatile it could be successful or turning out to be a massive failure.
regardless I think,we can agree that the reason people are so interested in altcoin mainly is because the profit just surpass the major coin like bitcoin and ethereum with smaller capital, thats why people are so interested in it even go as far as following and investing the coin that gets heavily manipulated and also trying to profit off some random meme coin just for the sake of turning life around which might make them lose all their money instead.
if its altcoin, just judge based on fundamental and utilities and you will get best of the best.
member
Activity: 378
Merit: 76
Eloncoin.org - Mars, here we come!
The reason why people develops fast interest on altcoin is because they believe they can make quick gains in investing altcoins.  Human as the nature of making money quick , since altcoin is a short term investment people will want to invest to make quick gains. This mentality of making quick money has really led people in going into wrong investments that didn't last that all money was lost. It is important people needs to find out more about a coin before going intoit for investment.
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.
sr. member
Activity: 1097
Merit: 310
High returns in altcoins have attracted people. Investors have become more interested in altcoins to earn good profits despite the high risk involved in investing in artcoins. There are also opportunities to invest very small amounts of money in altcoins. That is why people are always ready to invest in altcoins regardless of the high risk involved. Experienced investors understand which altcoins are worth investing in. But new entrants to altcoins don't quite know which altcoins to invest in. Altcoin investing is like gambling if you choose the wrong altcoins you will lose all your money in no time. So I think, must do proper analysis before investing in altcoins to keep money safe.
full member
Activity: 1122
Merit: 100
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.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
Those things that generate income are always interesting. There are many altcoin options, the choice is yours. But you need to be as confident as possible in your choice, mistakes in the altcoin market can really lead to significant financial losses. Invest only what you can afford to lose.

Confidence comes with selected coins if a person choose good coin but once a person do mistake then he will be in doubt about every decision. Follow the suggestions of successful traders because they have experience and they know about coins well but if you follow suggestions suggested by everyone then there is a possibility that very soon you will leave crypto market due to loss of large amount of revenue.

You would hear about BNB, Apecoins and Etheruem so choose these altcoins as your investment choice. Generation of income through altcoins is not much easy and people often select those coins which provide huge return once in life but remember that you cannot earn always with same coin as others earn.
full member
Activity: 560
Merit: 161
Those things that generate income are always interesting. There are many altcoin options, the choice is yours. But you need to be as confident as possible in your choice, mistakes in the altcoin market can really lead to significant financial losses. Invest only what you can afford to lose.
The reason why people develops fast interest on altcoin is because they believe they can make quick gains in investing altcoins.  Human as the nature of making money quick , since altcoin is a short term investment people will want to invest to make quick gains. This mentality of making quick money has really led people in going into wrong investments that didn't last that all money was lost. It is important people needs to find out more about a coin before going intoit for investment.
full member
Activity: 224
Merit: 195
OP if you think you will get more profit from alt coin investment than bitcoin investment then you definitely can. I will tell you of course you can invest in alt coin. But don't invest in wrong alt coin then your capital will be lost. Bitcoin is as risky as investing Similarly, alt coin can face losses if you can't invest at the right time.
Like you said Altcoins gives you a higher return of profit than what Bitcoin gives, depending cause at some point Bitcoin do gives very good profits that most of this Altcoins find it very difficult to. Many investors gets deceived by this huge profits promise made by this projects and invest wholesomely, sometimes it become and upliftment and some times turns regret.

The problem is knowing which is the right or the wrong Altcoins every one of them comes out with coats of many colors that can be able to lure investors and most times you might have the personal conviction of that project to do well but might turn down and you bear a loss. Sometimes even with deeper knowledge of Altcoins you can still experience loss but with deeper knowledge of Bitcoin we can say there is no risk involved
full member
Activity: 266
Merit: 113
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?
buying altcoin isn't a bad thing and it definitely has its advantages and shortcomings, the only issue regarding buying or investing into altcoin is that you might invest into shit coin that wont be profitable to you in the long run and might make the mistake of holding on to it. The knowledge of this could also hinder some people from seizing the opportunity of investing into an altcoin that has good prospect bit I guess that if you do the necessary research and findings, you should know the best altcoin to invest in.

Investing into the right altcoin could become a huge blessing to you in a manner you've not even thought of.
jr. member
Activity: 238
Merit: 7
BTC Lover|Crypto Educator| We Grow by Learning!
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..
I want to ask everyone what is your for buying altcoins, is the reason the same as mine?

Some could tell you altcoins are easily manipulated.. Oh well, I don't that except they have been buying shitcoins and are claiming to be alts..

For me, the reason I buy altcoin is to make profit and no, is not only Eth that is the only alt that does well. The likes of BGB, SOL, INJ etc are out there and are also giving people massive gains. So if you want to start buying alts, do well to do some research and know what you're getting into
sr. member
Activity: 2618
Merit: 439
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?
you have cleared to  be Diversifying so nothing to argue in that matter mate, I may support your way of thinking because you are correct that Altcoins are fast moving than bitcoin but you are also correct that Bitcoin is safer.
as long as you know how to diversify properly and not focusing in Shitcoins ?
I believe that you will succeed in the bull market mate so better to keep that way , and just invest lower percentage in altcoins.
full member
Activity: 238
Merit: 161
The great city of God 🔥
Everybody wants to make it in life thats why people take unnecessary risk just to make this money. Some were pretty lucky to buy altcoin suddenly it pump by 50x and they became millionaire and see altcoin as a get Rich quick scheme. Where as it was just a luck. So my friend I wouldn't want you to do such. If you really need to invest, invest wisely and always use your spear money.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
Those things that generate income are always interesting. There are many altcoin options, the choice is yours. But you need to be as confident as possible in your choice, mistakes in the altcoin market can really lead to significant financial losses. Invest only what you can afford to lose.
Anyone that is investing on any cryptocurrency for profit making must do it with patient because according to a popular saying, "patient dog eat the fat bone". If you are patient with your investment then at the time tod the bull market then you will be a happy person. Anything you invest and does not bring income at the end will not motivate you to do again unless you are not investing for income but just to save funds.

People are investing on altcoins for the profit they will have in the future and also to diversify their investment plans so they don't want to invest in one coin.
hero member
Activity: 756
Merit: 607
Because of profits from short time, but every long time holding want to invest in bitcoin. If you want profits from short time then it will expensive planing of altcoins. At this time the altcoins market always up or down so that's enough opportunity for buy dip before starting bull market.
Most altcoins with a significant marketkap are following the market movements that most of the time are related to Bitcoin. Investing in altcoins might be dangerous and worthless especially with a project that doesn't bring any solutions for users. In the other hand, Bitcoin is not just a profitable or an investment of short time but also more secure than any other coin in the market.
Without talking about technical analysis and trading, the crypto market is volatile and has many news that can impact it. As I understand the lower the Marketkap is the easiest these news can impact thag coin. If the news are bad or the market isn't doing well that coin and you investment will be hurt more than a greater marketkap.
member
Activity: 811
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Chainjoes.com
Because of profits from short time, but every long time holding want to invest in bitcoin. If you want profits from short time then it will expensive planing of altcoins. At this time the altcoins market always up or down so that's enough opportunity for buy dip before starting bull market.
sr. member
Activity: 2128
Merit: 259
Vave.com - Crypto Casino
Small capital and high profits are the main reasons why people are very interested in altcoins, even though the risks involved are very high, but if they choose an altcoin that has great potential and fundamentals, I think they will get what they want, for example like ethereum and binance, these two altcoins are altcoins that are in the top 10 of the crypto market and certainly have the potential to provide profits in the future,
If you’re planning to long term investment in altcoins of course still a lot of coins in the market those are not high risk involved in invest for an example Etherum, & BNB, those are comparatively low risky altcoins in the long term. People’s are interested to invest in altcoins because here a big advantages of short term profits, they can make big profits in altcoins investment.
full member
Activity: 238
Merit: 161
The great city of God 🔥
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?
Yes. Why most people invest in altcoin is because of the profit they make. Bitcoin looks dull in growth comepeard to altcoin. Altcoin serves as a fast way of increasing welth. Because it grows drastically with whooping amount of a higher percentage. Maybe 500 to1000% can be achieved in month on altcoin. But just like on binance now you'll notice that Bitcoin price is %126 in the past 3 years. But altcoin price Is low and can attain this high in no distance time.
legendary
Activity: 2688
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Sugars.zone | DatingFi - Earn for Posting
Those things that generate income are always interesting. There are many altcoin options, the choice is yours. But you need to be as confident as possible in your choice, mistakes in the altcoin market can really lead to significant financial losses. Invest only what you can afford to lose.
Well, it seems like almost everyone says that altcoins are still profitable, that's why many people are still interested today. Moreover, the prices vary, with different potential. Many people place high hopes on altcoins at low prices so that they can make huge profits from it. After all, it's all about benefits and profits. Apart from that, I also feel that people who think that bitcoin has a very high price, and it is difficult for them to exploit it to get maximum profits, then they will choose altcoins for that.
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