Bitcoin Forum

Hello, since it seems bitcoin is going through a nice upsurge atm, what altcoin is a good buy right now ?

I'm new to trading and still have a way to go understanding it all, but I heard that altcoins generally rise when BTC rises. I got some extra BTC I could invest in an altcoin atm. Maybe litecoin?

Thnx

Right now?  If you have BTC, hold it and see where this run up goes.

LTC if you make it. NXT if you don't.

what ?

LTC and DOGE will be moving up. Also long term i think collectors of blockchain currencies will move in and grab some of the early wave 1 alts.

I always hold some BTC some LTC and a little bit of a lot of the old major alts.

copied this from the other thread that is exactly the same as this one =P

Vanillacoin

Reason: The highest quality development

Current features that are observable:

-Only coin other than Bitcoin that only requires 1 confirmation on Poloniex.  You can test this by going here: https://poloniex.com/public?command=returnCurrencies and searching for minconf":1,"

-Only coin that has staking mobile wallets that allow you to move your wallet.dat to your PC from your Android and iOS wallets

-Only coin with near-instant 0-confirmation transactions that doesn't use master nodes.  You can receive node incentives if you have 10,000 in collateral, but collateral is not necessary to be a super peer.  You just need an open VNL port, a certain amount of uptime, and possibly a certain amount of bandwidth.

-Only coin that has encrypted connections and gives you a random port if you have no config.dat.  All your ISP will see is normal SSL traffic while monitoring your ports, which is unlike what happens with all other coins.  If you're using Bitcoin and your ISP monitors your ports, it will know you're using port 8333, which means it knows you're using Bitcoin.

-Only coin that automatically burns all tx fees, and they're not sent to a burn address either

LTC is more likely to follow BTC's surge if it continues to go up to 1000 USD Karpeles style.

Avoid NXT.  It's trending down to who knows how low.

Is there a high volume DOGE/USD market that we should know about?  I'm curious what the chart would look like.  It could be trending up vs fiat I'd imagine.

Look at https://bitcoinwisdom.com  :)

Avoid NXT ... now is the time to buy! Once InstantDEX launches Chinese $$ will be all over it, and recent dumps from 2013 whales are (almost) finished, so from here on its all about tech, and in that department nothing rivals NXT

All I know is choose wisely.

We just witnessed the culling.  Many dumped out (of every alt) during the BTC rise and I doubt they'll ever be back. 

Only a few will alts will make a come back from what we just witnessed.

Anyone which crashed 25-30% or more. MAID was the obvious choice yesterday. Wait till you see one tanking particularly badly and then get some of it and sell at the rebound.

That's what I meant. If you dnt have money at hand now, wait for nxt to bottom out.

But what if it still continues to trend down?  Remember...  No can really predict the market.  So I won't advice newbies to buy downtrending coins.  All you get is another stuck whining bag holder waiting for a price surge which who knows when.

well tokeweed, there are legitimate businesses making money and distributing dividends on the NXT Asset exchange.  NXT is one of the more resilient cryptocurrencies, it's more than just a traders token which is pretty much what most everything else is.

YMMV

Pretty much any coin could be a good pickup right now because one BTC bump is over or if BTC settles back down the ALT's will pick up again. That is pretty much a certanty, BTC is just too lucrative not to trade right now.

Well as the bitcoin has been doing good these past couple of weeks, I wouldn't invest into an altcoin

I'd rather buy bitcoin for now and hold on to it

Who knows what will happen to it in the future .

I am not sure which coin is a good buy now but for trading
ETH is a good buy if you can get it cheap. This coin has wide swings which can give you opportunities to earn bitcoin while trading this coin.

wbb
eth
start
maryj
snrg
viral

get on 1ex.trade

Yet NXT was dumped despite that.  

If some newb bought at .000038 with a significant amount of his savings, I'm pretty sure he'd get a good dose of reality in trading.  And not just in crypto, but trading in general.  

+1.

Welcome to pretty much every alt.  This recent culling will spell doom for some.  I just gave you the reasons why it wont for NXT.  BTW, div paying assets barely budged in NXT price.  Those were the investors.  The speculator crowd and LSUM were the exit crew.

MINT 'Mintcoin'

Over 20x faster than Bitcoin,  7x faster than Litecoin. Cheaper. Energy efficient. Scalable long term. Mint coins instead of mining coins.

My 2 (non-fiat cuz that's what we do here) cents if it's worth anything...

The best alt coin to invest in is the one that has the best marketing bull shitter out there. Everything is speculative and is sometimes backed by a good theory/technology/(insert another slash word here) that makes people believe in it. Yeah I know I'm going to piss someone off by saying this but honestly, c'mon. If an alt coin can get enough smart people out there to back it, then boom goes the chart. Don't misinterpret me for saying to go with the masses, because that's not what I'm saying at all. You have to do your research, educate yourself, and be ready if it comes.

^^^ all of this is discredited though because I'm a newbie on here.

Sure.  But what I'm saying is we have to caution newbs from just buying a coin just because you support it.  NXT is on a downtrend, so it's practical advice to tell them to avoid it for now.

That's all I'm saying.

What's that saying... Be greedy when others are fearful and be fearful when others are greedy... or something like that.

I feel Bitshares has got to explode... Too much of depressing price action for too long, yet the project is most advanced decentralized asset exchange & has some unique features.

That guy was wealthy as fuck with almost unlimited source of capital who shat caviar and pissed champagne.  Most of the newbs here are ordinary people who are basically gambling their kid's college fund in alts, hoping to make some life changing amount of money.  

It is that belief in that saying you posted that make ordinary people lose money.

ah nice words, and dont forget be safe when you think youve had enough

Pro Tip:  ;D

Avoid 2.0 Coins like Ripple, Bitshares, NXT

Supply > Demand, Big Bagholders and no liquidity

If one of these coins should get a pump you can open a short on poloniex

good old one are always good solution but if you want something fast you need to take risk
in this case you will win or loose but that now things are done

Hmmm....NXT has lost 7.74 % over the last 7 days (in dollar/euro/fiat value), while LTC has lost 8%, while BTS and Ethereum are both 27% down.
So, yeah....meh. It's a crapshoot, tbh.
I admire guys who can day trade in this nightmare market, but it's just too bloody random for me.
My bet is on the team with the most useful tech for the long term.....imho ( ;D ) 

And that's fair enough, I reckon.
We' re not here to make BS promises to people that we can't back up.
Nxt is frikking great, but do not put your life on the line to invest in any alt (or BTC, or pork bellies for that matter)

I saw a couple of guys get wiped out (literally, all gone) on margin trading BTS recently.  
They bought into the hype, tried to make some quick easy money, and lost it all.
Admittedly, it's their choice, but projects shouldn't try to BS people into taking that sort of risk.

I didn't tell anybody to invest their life savings.  Crypto is the free market in its unaltered form and the rebirth of free enterprise.  If somebody loses their money, it's their own fault.  There are no babysitters here to prevent morons from gambling money they cannot afford to lose.  There are no bail-outs or bail-ins for the great or the small.  Regardless of how much or how little you have, buying low and selling high is always a winning proposition.

Whats the reason  you think ETH is good a buy?
And buy now or just buy for hold but for what?
Yes, that right buy for trading.

Eth has alot of dapp development going on. I bought a little of it. I think the price is ok atm.

NXT is crap

But how low can NXT go?  Or is the downtrend over?  If yes, are you sure?

The price of doge has fallen quite a bit from 50 sat to 35 sat so that may be an interesting buy. (see yobit.net for more information)

0

I can't wait to be a NXT whale then  8)

Oh good.  We wait until NXT reaches 0 then...

Youll be waiting awhile  :D

So will you.  :D

Last couple of days. SC, FTC, XMR, BTS, DGB, AEON, ETH, in no particular order

I don't say these are good, but I have bought some of each

Thats true, i interesting to buy dogecoin the price down to 34 satoshi
Buy and hold for longterm to a get big profit. Good luck

A good investment is digibyte not these shit 2.0 alts that are 100% premined. Those who bought in at the low 20s have made 5 times profit, look at the marketcap. For new people, these people punting the 100% premines are looking to get out at a profit.

Think logically, will a coin like digibyte go to 10 million marketcap or will NXT go to 50 million.

Another think with these 2.0 coins are the marketcaps are over inflated and there is no supply coming onto the market making it exceptionally easy to manipulate the price and stay in the top 10 marketcap.

I will personally set a buy wall for 1 billion NXT @ 1 satoshi.

Ripple
NXT
StealthCoin

The three are all on the bottom. So they are good buys right now.

why ripple is too low these days?

another consideration...

why they mine too many ripple?

i would recommend to invest in the 2.0 coins and frameworks with active development. this coins or frameworks have to best future.

$WBB 100%

1EX.TRADE should see some nice action to bring alts up, esp wbb
even better if you hold 1ex coins on that actual site, if not, no biggie....you can always buy some

Ethereum good and cheap after it's recent pump attempt.  Personally I feel eth < $1usd is a pretty good deal at this point.