Bitcoin Forum

I want to but an altcoin which I need at cheap price like bitcoin in its initial time and want to get a highest profit by holding it for some months or for an year in my wallet just like bitcoin holders got the profit in its starting time.

If we all knew would we tell you? lol maybe we would because this is Bitcointalk...

People who want to get rich simply pick the altcoin they want and with basic math you could make hundreds of thousands of dollars if you really wanted to.

You're good at promoting right? That is just what it is, you'd have to work for the money but you'll earn money if you do the math.

aka ICO

Almost any coin can make you a millionaire if you buy it for 999 000 dollars)
I myself would like to know. I hold a pile of coins shit but I'm not a millionaire yet.

If you can hold for a few months, Litecoin may be the option with the best risk-reward ratio. I think it will not be the currency able to make anyone to be a millionaire, but I think that if segwit is activated, there is the possibility of big profits. The problem is that there is no guarantee that this will be enabled. But if you are looking for something safer, in my opinion Bitcoin is the way.

Their are lot of altcoin which are worthy to hold for long time and you can get profit surely like, ICONOMI, DECENT , LITECOIN, DOGE AND ETH this are some coin which are worthy to buy for longterm

create your own ico, hype the shit out of it, premine the shit out of it, dump the shit out of it.

one freshly minted millionaire is hatched.

There won't be altcoin which gives you big profit with just take a few months. If you want a high profit and doing your trade. Because to fall into the altcoin very risky although you will be patience for waiting the dump phase is over. Hold monero or ether it is fair. But try to buy shit coin if you want a big profit.  ::)

Although it is something that most of the time makes many people lose money, it seems that almost always works for developers. But it seems that people are avoiding more and more icos, it is rare to see icos collecting thousands of Bitcoin these days, as happened last year and in previous years.

you'd have to do it properly of course with a sheen of respectability. the appetite is still there but you gotta be that little bit more convincing than the good old days.

Bitcoin and Litecoin -> Safe and big return $$$

millionaire from nothing? no way
The only way to do it is to already be one, and start investing, pumping and dumping thousands of dollars per day, like these Chinese guys at #1 on Okcoin
For all of us, the average Joes, the best case scenario is to invest $1k in an altcoin you follow by its' babysteps and get something like x100. But that doesn't happen everyday, so either keep looking or start searching for new technologies unknown to the masses like blockchain once was.

if you want hold altcoin in long time until over one year
youre must hold is good altcoin, popular altcoin , and big community, if youre only use hold altcoin is not popular very low volume transaction, maybe one year a go youre altcoin is gone and nothing exchanger accepted trade youre altcoin
overall hold altcoin over one year is bad

Pepecash, duh

open coinmarketcap or an exchange and look at some charts of coins that have been around for a year or so, that can help you understand what is going on with altcoins. try looking at more than 10 different coins.

altcoins aren't known to go up in long term. they start of hot, go up fast and big in a very short time (usually 1 to 3 days) and then get dumped just as fast. and from that point onward it is all drop.
obviously there are exceptions to this rule but this description matches majority of altcoins out there.

Exactly.
The only ones getting rich off altcoins right now are devs and the people holding ICOs.
Create coin, take peoples money for startup, premine and dump on exchange. Rinse and repeat.

There might be one coin every two or three years where you can make big profits in the long-term,
but most you need to dump quickly because they won't last. Most alts offer no new technology, no real support, just a lot of marketing hype.

That is the only way to do it.
Buy in early at $1k  to see it grow and make a ton from it then sell off.

depends on how much money you place  ;D

completely new technologies? that's quite an ask. crypto's pretty unique in that regular folks can participate directly and get in early. all the other stuff like your teslas and super futuristic stuff like nano technology is sewn up before we even know about it. I don't think there'll be another opportunity like it.

Make sure to keep a eye to LTC this year.

Just sayin'

Who knows if you invest in a altcoin that you can be a millionaire?! No one knows what's in a year or so. Try to trade without emotions and fast. This will bring you some good profits.

none ever thought of Monero yet ever after how much it had grown over time?
the FBI are even interested of investing to it. not for the purpose getting into the darknet but i'd bought few just to make sure iget to ride the train when its value goes more than ahundred.

At the moment most altcoins have a short life span and just die on us...we  do not even get to be upgraded into millionaires but am hoping the bad apples will be picked out and remain with alts that will go all the way and will be feasible for investments. I have a good feeling Vidz could be the alt

None. Absolutely no altcoin will get its price multiplied by a few hundred times. Be happy to just have a dozen of times, but you will not even be able to sell your stake as no one will be actually buying.

I also think that this can be an investment with high potential. The process of segwit activation in this crypto is taking longer than we expected, the last time I saw it was at less than ten percent. However, there are rumors that F2Pool will signal support soon, and this will make a big difference.

Litecoin could be an interesting investment, but the question is what has a very low price tag and could experience a rise similar to Bitcoin's one, so this guy could become millionaire. I say it again, there is absolutely none.

If you hold for a few years: XMR

I have never been so certain of anything in my life.

this coin has been going up pretty nicely and the percentage of profit seems to be good. but another thing that is important about these coins is their volume and the fact that they are being traded on unknown exchanges.

i just checked TUXexchange (one of the two exchanges that has the coin listed) , the volume they report (30-50 bitcoin) doesn't seem to be real. the orderbook is too thin from 0.02 to 0.1 sometimes which doesn't really make you a millionaire even if you were trading this.

you are wrong last recent pump was from 100 satoshi to 10k-20k satoshi and then 100k satoshi and more for pascal coin, now investing only 0.01 in this would give you a crazy amount of bitcoin, i'm waiting for the next crazy rally on a new altcoin, for now holding the strongest one is a good bet for the future, monero and etheruem or zcoin/zcash

But with most alt coins that I have seen a lot of people just buy up then trade them when they gather enough value.
So in a way a few months people don't have the stomach to hold them that long and end up dumping them the first chance they get. To afraid to take the risk on these being worth an amount less then what first got them for I would like to think. :-\

None of the altcoin will make you become a millionaire in a few months. The market is not that big enough and it would be very difficult to cashout unless you can attract people to buy your coin. It would be better to look for the next multi-bagger and repeat the cycle again.

I can assure you Tux's volume is real - I've taken the other side of a lot of it. The telegram (t.me/rarepepetradergroup) has over 660 people, and interest is rapidly growing. If you want to prove to yourself the volume is real, try trading it - perhaps you'll be pleasantly surprised. If the books are as thin as you're implying, there should be a killing to make on playing the spread.

Holding altcoins for very long is really risky be sure to pick high volume altcoin like ETH and litecoin, they have good foundation, i use ETH for trading because the direction of the price on chart is upward so this means that its safe to hold that coin, takenote to look the chart in 1year,

Currently pascal coin stable at ~33k satoshis/each pascal on poloniex. Didn't know if pascal was at 100 satoshis, even if you want to sell your pascal right now when you bought it at 100 sats, you still ended with big profit.
I don't think zxoin/zcash coin will increase in the future, assuming from their price is too high for alt coin IMO.

In fact if you'd knew you'd want everyone to know it.
Because the more people know it the more will want to buy it.
And the more the price will rise!
There is no secret needed in trading, on the contrary you want people to follow your move AFTER you made them xD

That's a real problem here!
Even when an altcoin becomes quite popular, the price rises as hell but you have problems selling at this price :/
The worst part is when the first miners come in!! Then you're in competition with other vast owners and you'll probably make the price go down before you finish cashing out...