For some people, Bitcoin is considered a crypto asset whose price is too high. It's not surprising that many people buy altcoins. Where, people think that altcoins are an option other than Bitcoin because as a project they are able to present something different and interesting and altcoins can also provide high profits in a short time.
Not a few altcoins have shown their prospects with significant price increases. However, for those of you who are interested or starting to buy altcoins, there are a number of things you must pay attention to. In this case, there are the advantages and disadvantages of the altcoins offered. Remember, there are many altcoins circulating currently with various projects on offer.
Topic: why people are always interested in altcoins - page 5. (Read 4143 times)
Basically volatility is the reason. Most altcoins have got crazy volatility that can enable them do ×100 in a week and gullible investors who are looking to make quick money venture into them just to make sure they hit quick and run but sometimes it turns out sad for them because they stay long enough and get hit by the bear due to their greed because one comm character of impatient investors has to do with greed, it's their biggest challenge most of the times.
Always DYOR it will help you much more better than seeking random advice which my not be financially ideal because some of these people dishing out such advice aren't well informed enough to school you too well.
Always DYOR it will help you much more better than seeking random advice which my not be financially ideal because some of these people dishing out such advice aren't well informed enough to school you too well.
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?
Getting quick profits investing in potential Altcoins or newly launched types of coins that have pretty good future prospects is probably one of the main reasons why most people like to invest in Altcoins.
Apart from that, many people hope that the Altcoins they buy at low prices can generate multiple profits in the future. Many are tempted because there is already evidence that some lucky people can make bigger profits by investing in Altcoins compared to other types of stablecoins.
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,
Exactly mate these are the reason why other people want to invest in altcoins cause they saw or they know that there are many successful investors from altcoins but without knowing that nowadys there are many scammers who are offered a small amount of capital and you will get 100x, of your capital so it's obvious that is not a trusted one and you need to find some coins that are trusted enough.
It's true, investing in alt coins can potentially bring higher profits, but it also has its own risks. Of course there are people who are primarily interested in buying and selling altcoins for the potential profit. The volatility of the cryptocurrency market can make it very attractive for those looking to make quick profits. Altcoins often bring new ideas and technologies to the table in the cryptocurrency space. The key difference lies in the risk tolerance and investment strategy of the individuals involved. Some are willing to take big risks for possible quick gains, while others prefer a more stable and long-term approach.
Yeah. we must really have to be ready, if in doubt don't be and that's the advice my seniors also told me. Don't enter if you don't understand the reason because there are many things we will face if our assets are lost, the first is a feeling of deep disappointment, the second is despair. even though if you buy what has been recommended, for example BTC, this will disappear by itself.
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,
It's true, investing in alt coins can potentially bring higher profits, but it also has its own risks. Of course there are people who are primarily interested in buying and selling altcoins for the potential profit. The volatility of the cryptocurrency market can make it very attractive for those looking to make quick profits. Altcoins often bring new ideas and technologies to the table in the cryptocurrency space. The key difference lies in the risk tolerance and investment strategy of the individuals involved. Some are willing to take big risks for possible quick gains, while others prefer a more stable and long-term approach.
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.
It's true that Bitcoin is often considered a safer investment, given its established position in the market. However, the appeal of altcoins lies in their potential for high returns, thanks to the volatility and rapid price movements. Many investors are drawn to the possibility of significant gains, despite the inherent risks. Personally, I'm interested in altcoins for their potential pumping opportunities. It would be great to hear from others about their reasons for investing in altcoins. Share your insights and experiences to help us all make informed decisions in this dynamic market.
maybe the main reason why people choose altcoins as an investment, is because altcoins can provide profits for them because the aim of investment is to make a profit,
Of course, people choose altcoins because it can give people some profits. If people can't get profits, they will never invest in altcoins. 
Actually, people know that some altcoins can increase their price very significantly. It sometimes can increase more than a hundred percent (100%+) if there is a big hype on the altcoins. But we must understand that it also can decrease very significantly, too. It even can disappear or delisted on exchanges.
but for me not all altcoins have the not potential to generate profits, therefore we have to really choose altcoins which is right,
There are too many scam coins although there are still some potential altcoins. Sure, we must invest in the right altcoins to get profits. But it is not easy to determine which altcoins have good potential. However, if we look at the market caps and the popularity of the altcoins, top altcoins are the most recommended for investment.
I think the major reason people get involved in altcoins investment is because of their returns, though most newbies tend to get this wrong thinking that all altcoins are worth investing in, since their price is very low compared to that of Bitcoin. Just as mr puloweh555 said earlier, with the help of DCA you can actually use this strategy to invest little by little until your able to accumulate a whole bitcoin, more or less based on your decision. Then another I know that boosts the adoption of altcoins are trend, this generation we live in now, is easily influence by trend not considering some factors, what ever has population and adoption will surely trend for a while until another one takes its place. We often see some project that trend for a while and then crashes to price zero, but most investors ignores the risk associated and majority of the time, they come out successful.
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.
maybe the main reason why people choose altcoins as an investment, is because altcoins can provide profits for them because the aim of investment is to make a profit, but for me not all altcoins have the not potential to generate profits, therefore we have to really choose altcoins which is right, besides that altcoins focus on the AI ecosystem like InQubeta is doing currently.
Most of newbie and investors with low fund are investing in the altcoins rather than bitcoin. You will never hear that Microstrategy have bought any altcoins.. All big investors know the value of btc and risk and this is the reason they only buy btc. newbie attraction towards altcoins is high because most of them comes to Crypto space by watching video or social platform. All influencers advertising altcoins which is the reason most people buying and preferring altcoins..
People also low fund holder where they think that altcoins will give them quick profit in short time. They think that small fund will not enough for buying btc which is super rated now.
The decision to invest in Bitcoin or altcoins depends on each investor's individual strategies and risk preferences. None of these options are universally “right” or “wrong.” With altcoins, there are chances to get rich with smaller investment amounts. After all, there were many cases where new altcons soared to the moon
maybe the main reason why people choose altcoins as an investment, is because altcoins can provide profits for them because the aim of investment is to make a profit, but for me not all altcoins have the not potential to generate profits, therefore we have to really choose altcoins which is right, besides that altcoins focus on the AI ecosystem like InQubeta is doing currently.
Many people interest to invest in altcoins because Altcoins are cheaper than Bitcoin. Some of them start investing with small amount and altcoins are the fastest way to gain profit and loss in short time.
Secondly, it is true that many people invest in altcoins for these two reasons. But the reason makes sense because altcoins can make profits in a short time even though the risks are too high but people like challenges. Those who already understand altcoins will definitely benefit. For those who only follow the hype, they will suffer losses from altcoins. In essence, altcoins can be profitable if we have the right strategy.BTC prices are more expensive than altcoins but actually this is not a serious problem because we can also buy BTC even though BTC prices are expensive by using gradual purchases (DCA). It's just that many beginners don't understand and don't know the benefits of DCA, so they switch to altcoins which are more affordable.
Many people interest to invest in altcoins because Altcoins are cheaper than Bitcoin. Some of them start investing with small amount and altcoins are the fastest way to gain profit and loss in short time.
When we only have a fairly small amount of capital and intend to increase our capital in a short time then perhaps entering altcoins is indeed the best thing. Altcoins do have big risks. But Altcoins also have just as much potential. It's just that when entering an altcoin project we have to be the first to enter. There is a term that says buying during an issue and selling during an event.Even though I focus on investing in Bitcoin, I also still invest a small portion in altcoins. Especially altcoins that seem to have a level of popularity or will see a trend that has the potential to be bullruned later, such as coins in the Artificial Intelligence category and others. It's just that when investing in altcoins we have to be observant in scanning information so that we don't miss a moment of increase or something like that.
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?
It is true that there is growing trend to invest in alscoins compared to Bitcoin and Ethereum, while it is known fact that altscoins are very risky, but they also present potential of higher reward. The alts are generally perceived as cheaper and affordable for wide range of investors. The examples are Pepe and Shaiba Inu, those can be purchase millions of coins in $10 or slight higher. The satisfaction of owning huge quantity even though their value is not substantial adds to the appeal to these alternative coins.
By the knowledge and understanding that you cater during your trading investment, you will be able to locate good assets that have good market movements, all have that same desire when investing, they all wanted to earn and from that point of view, there's always a risk that accompanies your investment. Positioning or finding the right coin/asset is not as easy as it is, you need to look for each factor that affects the community and the development of the project that you use for your investment.
You need to work with your knowledge to have that confidence with whatever alt project you pick for your holdings, both long and short trades always need good assessment to earn benefits.
That's right, is not as easy as we speak because we need to spend more time to research and know the trend.You need to work with your knowledge to have that confidence with whatever alt project you pick for your holdings, both long and short trades always need good assessment to earn benefits.
There will be some risk that we still can lose money, it's importain to set some limit such as how much we are willing to risk it.
It's been 6 years i know about crypto, i saw so many altcoin fall and many replace their place.
I believe trend is the most valuable factor in crypto right now
For myself, why I am more interested in altcoins is very simple because I believe altcoins will experience an increase in price following Bitcoin, which increases in value over time, try to research from the first time they were created until now what can be learned from their journey, thereby growing the feeling of wanting to invest if we see growth over time. However, not all altcoins grow, sometimes some don't move at all, so you also have to be smart in choosing them
Yes one really need to be smart, not all altcoin are thesame consedring there market cap and the total supply if this factors are not considers one will eventually fall into rugpul. People always mistake bitcoin for some useless altcoin. Expecialy all this altcoin that Bear the the logo of bitcoin Making it look as if they have promising future like bitcoin. If you are not careful you fall to the wrong hands of scam project.Jump to: