Bitcoin Forum

Read this post and its true how small investor are losing bitcoin by investing in other coins.


You can buy 8000 tokens in 1 USD when price of bitcoin is 8000 USD but if bitcoin price will rise to 16000 USD then you can buy 16000 tokens in same price. Now all token price does not move according to BTC price,it will drop 20-30% without any sign of drop, but when you will compare with bitcoin you will find that you are in loss.



https://cryptomaa.com/btc/how-small-investors-are-losing-bitcoin-by-investing-in-altcoins/

it is a well known fact that altcoins have always gotten dumped whenever bitcoin price moves both up and down. it is mainly because all traders are trying to increase the amount of bitcoin they have to maximize their profit and that means dumping altcoins and going back to bitcoin. of course altcoins being mainly pump and dumps doesn't make things any easier for altcoin traders.
the loss of money is partly because of this and partly because most traders are either unfamiliar with the altcoin market or don't want to accept how it really works.

The price of the token is determined by the developers and as an investor you need to assess the project and you determine whether it is a viable project that can sustain and if everyone does that then we will not have these situation of people running away with money and valuations going down.

If you are foolish enough to invest in it thinking that it would give you the profit well above BTCitcoin who is at fault. The token projects are experimental and there is no guarantee that it would give you the profit. People usually dump the coins once they hit the market and only a few tokens are still surviving.

BTCitcoin is currency and if you are looking for profits then hold onto it rather than investing in tokens.

This is not how it works. If bitcoin rises to 16000$ then the altcoin may even fall more and you can buy much more than double of that altcoin. When you buy an altcoin with bitcoin, you should note its satoshi value. The aim should be to sell that altcoins at a higher satoshi value.

The misconception of other new investors thinks that altcoins will be on par with bitcoin. They buy a huge amount of altcoins in thinking that someday it will be as high as bitcoin but that doesn't how the market works.

As we daily tackle with the market, it's very common to see that altcoins and bitcoin are always volatile as it is. There is no exact price that it will be as we are thinking. You're right, many are losing because they're committed to altcoins. That's fine if they are also in altcoins but the larger part must be in bitcoin.

https://bitcointalk.org/index.php?topic=5175223.0

I guess you can use that link to look at the price changes of altcoins and bitcoin in the long run. YOu will observe that the price of altcoins are better at their starting period but in the long run, they will just all fall down while the price of bitcoin does fall at some point but it never stops from going up unlike the other already dead altcoins.

It's always a lot happening where new investors they buy altcoin in large quantities want big profits more than bitcoin difference of just a few satoshi that's what they want because large amounts in altcoin will certainly produce more, but I think it's wrong if altcoin developers are not good then it will not develop in the tokens even now there are already many altcoins to difficult to rise because market conditions continue to change therefore it is difficult if altcoin is compared with bitcoin.

Maybe only new investors always make misunderstandings like this.

It's true in relation to long term investments because 95% of ICO will likely decay, while Bitcoin has a strong reputation. Altcoins differ a lot, if a small investor chooses shitcoins, s/he will loose money. But what's wrong with having Ethereum or Tether in a crypto portfolio? These coins can be easily exchanged to Bitcoins.

As a small investor, you stand the chance to gain more from buying good altcoin than investing on btc, because even if btc price increases you can only have a slight increase, while if you buy alts, e.g bnb and the price goes really high, you will definitely profit more, because in this case, you can afford a good number of that altcoin.

Honestly I've been thinking the same idea because I am seeing a lot of alternative coins pumping too these days like ZRX whose value gets an 80% increase over a week, so I if you bought that for example in worth $100 then probably you're getting $180 after a week unlike with bitcoin that has a slow pump deals given that its price is really high. However coins like ZRX is hard to find or hard to see where it is coming from so it is better to watch the market more often as the halving is going to take place.

In other words, you can say that most of the altcoin projects are here for stealing bitcoin. Trust me, that'swhat I have been observing for the last few years. Most of the times, newbie gets fucked though. A lot of projects were there in 2018 which just come out of nothing but steal a few thousands of BTC from the investors.

When you don't have much money to invest in crypto, you only need to buy bitcoin and hold it for some time. I don't know if that can give you a big profit, but I am sure that if you can hold for a long time, you will make nice money for that. But it is good if you can use some money to invest in bitcoin only, and not invest in the altcoin which doesn't have the potential to increase.

Many small investors tempt to invest in altcoins because they think that some altcoins can increase higher or get the pump, and that is what their mistake because not all altcoins can have that. If they can select the right coin, I am sure that they can make a profit in bitcoin, but that will need more time to see the altcoin will get pump higher.

I am quite confuse if OP is trying to advertise his/her article/website. The trade you have mentioned seems to me about USD pair. Otherwise I am not familiar with how you could buy double altcoins if in case BTC price become double. If alt pairs based on btc/alts then doesn't matter what is the btc price with USD. People are getting loss because they expect similar movement of btc for their alts which has not been happening everytime. Sometimes when BTC price become down alt price become down at the same time if the pair with BTC, so that time likely you might buy double coin as well. When you are trading with USD and you are holding btc then matter of concern. Trading with btc/alt doesn't much depended on btc prices.

Your words are true, I have always seen it, even I have done it myself, I have bought many types of Altacoin in the hope of making a good profit, just like me there are many small investors who invest in different Altacoin due to the high price of Bitcoin, but as a result we It turns out that most Altacoins fail to hold their market, which leads to scams, and that scams cause Altcaoin small investors to leave Crypto every day, and Altacoin's Basthara behind the failure of more than Altacoin CEO, who first attracted investors with some good news, but then they do not, they implement the plan, which is not due to any new investors in the project. And Altacoin collapsed because of new investors and not being able to pay the right amount over time. Nature is more or less at Bitcoin, it is sure that you will benefit if you can hold on to your investment.

Maybe or maybe not.

An experienced investor also has his crazy thought in investments. Not entirely his portfolio will be in altcoins and it's like a bet for himself that he's just going for an unfamiliar altcoin and investing his spare money.

The what-if attitude is there and I guess some of us do have that thought and going for that sometimes.

It's not just small investors, anyone who is holding alts will likely lose their Bitcoin value in the future, because alts tend to perform worse than Bitcoin ever since the 2017 bubble has popped. Some people still hope to see alt season, but there's no fundamental reason for it to happen, no one is genuinely excited for alts anymore, there's only bagholders who hope to see big pump.

when people buy bitcoin they should know that whenever the price of bitcoin increases the price of altcoins a lot in relation to bitcoin it starts to fall a lot and takes a long time to recover and has scenarios that do not recover, for example, two years ago ETH price reached 0.1 BTC and I saw many people buying ETH at that price thinking that ETH would reach 0.2 BTC and today the ETH price is less than 0.025 BTC. This means that people who bought ETH when the price was 0.1 BTC are at a great loss. I prefer to do day trade with ETH - USDT and I do not hold altcoins

If you invest now in altcoins, it would be hard to recover unless you really want that altcoin to begin with. Almost all altcoins follow the BTC's price in general so when the value of the BTC rises, the value of it also rises. That would really happen if you invest in shitcoins too.

In essence, don't buy shitcoins, buy bitcoins.

The article is quite confusing, IMO. I think the best conclusion right now is don't buy shitcoins.

Being an investor must be smarter in managing his investment.
Buying altcoin then Altcoin goes down when the price of BTC is unstable, it is the risk of fluctuating prices that must be accepted. that is very reasonable, if as a novice investor do not want to lose do not buy Altcoin at a time when the price of Bitcoin is not stable.
Also choose Altcoin which has high credibility and is in the top 10 CMCs.

For a safe choice, it's better to buy Bitcoin, but don't get stuck with FOMO, buy at low prices, sell at high prices and HODL if you want to invest in Bitcoin Longterm.

As an experienced trader, you certainly understand how this investment and trading system can benefit the culprit. A trader must have good management how to manage his assets to get profit and yes, bitcoin has been a good investment asset for more than a decade and has been profitable for traders and investors.
And what I can trust today is, every time the price of bitcoin goes down, the price will recover.  If we can maximize the opportunity then traders and investors will get profit and this cycle has lasted a long time.

For me, altcoins are for short-term investment only and you will still find bitcoin as more reliable and efficient cryptocurrency. Altcoins are sometimes dependent on btc market, the recent drop of bitcoin to $8,000 has also affect the altcoins like ethereum.

Since then, I don't find investing and wasting time in altcoin is a good idea, unless you get free from airdrop or it is a popular altcoin that has potential like ethereum.

Bitcoin demand was always high to investors than altcoin and it will be always. It's a simple fact that when market start going down traders sold their altcoin to increase their btc. The point you made in your topic is really important. Many people don't think details like that but when you start calculating very details you'll find how many btc everyday you are losing because of altcoin trading. But it also true that crypto trading doesn't run in one specific way. You also have to choose several way to survive here.

The decision to invest in bitcoin or altcoin is an absolute decision for investors. Everyone must have a different view, can not be forced. Profit and loss is only the person concerned who understands the details.
Bitcoin and altcoin have their own advantages, both of which have different trends, what we need to understand is knowing when is the right moment to invest with bitcoin and altcoin.

There should be and I don't think that they are blindly investing crypto. For that they are doing, I supposed to think that they also accept the risk and could be someday, they might also suffer losses.

Any market players, investors must know how crypto works. Isn't just all about we are optimistic, skilled, and knowledgeable...but also it needs to have a strategical way of thinking. If we are satisfied enough with Bitcoin, why we should have to take the risk to altcoins? I know and people are so greedy to think about more and more. And that also a reason why these people fail, they usually make shortcuts and that it ends them.

Most of the time, the traders who relied with other's opinions and keep following those so called experts losses their investment. The very use of your own DYOR is very important as placing your position is really important, timing and understanding how the flow will bring you good chances in choosing the right project to invest your money.

Of course, it depends on the idea of how this small investors choose to invest their bitcoin. They must know that not all of their investment will lead to success if they don't study better about what their investing to. Bitcoin and altcoins have a lot of different in many terms. Bitcoin itself can say that it is hard to manage and invest even if you have a lot of money but lack of idea. Investing in altcoins I think is one of the most arguable decision to make because as the year passed by, ome of thr altcoins prices doesn't go high and stays on low. The worst thing about it is it will be nothing.

Altcoins is definitely a good investment because of the low price on the market at first and somehow after their eco the price will definitely rise again. But not all of the altcoins will came in that situation. Some will and other will be dead.

many small investors don't know the difference between bitcoin and altcoins, they invest just after hearing from others that xyz token gain this much profit and buy token earn this much and then they started asking everyone and put all their investment in such coins.

Profit in altcoin is only possible in short-run, for the long run Bitcoin is the only right asset to invest.

Investors are losing by investing in altcoins only because,

Altcoins are paired only to bitcoin, not in USD but only in bitcoin. When the price of bitcoin increases, the value of altcoins in bitcoin will decrease according to its price in USD. That's why most investors prefer to do short term trading to make a profit then they will switch to holding BTC later on.

The biggest theif of our precious digital gold are not Ponzi scheme but Altcoins we buy only to expect to double our bitcoin in a bull run, but the alt just get dumps more and more against the bitcoin, one is forced not to sell at loss and miss out of bitcoin bull run. Some of these altcoins just go dead.

This..

The trend of making a new scamcoin with hundreds of promises has slowed a bit but hasn't stopped completely. I guess people still keep trickling in in the form of newbies and the promoters manage to get away with selling off repeated vaporware. Just see how exchanges still continue to sponsor IEOs etc.
There are a few established players out there but in the end, it is traders and so-called developers playing with the hopeful sentiments of newbies who get trapped due to the fake promotions and marketing. The traders manage to dump their bags while the few people who get genuinely interested end up carrying the burden. At this point of time, if you really want a return on investment, go with BTC. Continuing to put money into alts is the worst possible move for a genuine investor who isn't hoping to fleece someone else.

Remember if you only buy into something thinking you will sell later, there are much more agile traders out there.They follow the trends more closely than a normal small investor imagines. They don't care about projects and do this "sentiment" thing for a living. They will dump their shit on you before you know what hit you. Its a losing game. Stop playing it. If you want money then just focus on hodling BTC and taking small profits whenever your target is hit.

Many investors don't research to find the coin, but they only follow what other people suggest in social media. That makes them lose their bitcoin by investing in altcoin, and that make them hold the altcoin for a long time or cut loss the altcoin right away when the price is down. Maybe the altcoin is for the short term investing, and bitcoin will be the long term investing. But still, they need to search for the coin to invest in an altcoin.

Some altcoins rise more than bitcoin, but most rise less.
In general, the lower you go down the market cap list on CMC, the more risk there is in buying the coin.
Some alts can get you 1000% returns in a matter of days, Bitcoin won't do that.
But Bitcoin has a solid use case, and is the best bet for increasing your money. Some alts, thinking of ETH in particular, have a rock-solid use case, great development etc, but many do not. There are a lot of low cap alts out there where investing is little more than gambling.

So far, I don't believe that investors are not looking for altcoin information before they invest in it, almost they have enough information but the nature of the loss is that they don't update the market trend and only follow the old path, we can see a lot of investors choose some altcoins as a long-term investment while the actual value of these altcoins is always going down each year. The only one who is not affected is probably bitcoin, it's a symbol over time, bitcoin is the most appropriate investment for the long term, altcoins are suitable only in the short term and need to know to accept profit, instead of greed

This is exactly what happens. And many do not understand this by spreading their investments on useless assets.

I would not be so categorical about altcoins. Many of them brought a few to their first investors, and some tens of X profit relative to what was invested in them and this is in Bitcoins. But in the altcoin market, you need a very serious coin analysis.

I'm have invested a few bucks on different coins already and I have joined different bounty campaigns and received tokens that have value fortunately.

Base on my experience, most of the time altcoins tend to lose their value in mid to long term especially when it is a new token but when altcoin season comes they will go up more than Bitcoin and some of them even double or triple its price. Overall, it will depend on how long you can hold your coin and what coin are you are holding because if you are holding coins like ETH or LTC or XRP then you aren't losing. I also think that one reason why investors tend to lose some BTC when they invest in altcoins is the fact that most of the altcoin's price are based on BTC's price.

Some altcoins are meant to be a short term investment because there are no guarantee how much they may last and some projects just losses interest and demand so in the end that altcoin is unable to continue due to the competitive market and some altcoins only has repetitive features compared to BTC.

This is one of the fatal mistakes. In investing and trading, we must have confidence and strong analysis. At least we have anticipatory steps when market movements do not match predictions. Don't force yourself when you don't understand something about an ecosystem, it will increase the risk. Unfortunately, many do not pay attention to this and become greedy to immediately benefit, so look for shortcuts by following the opinions of others.

Bitcoin and altcoin are equally profitable. Smart and calculating investors will certainly consider well what to invest. As long as there are opportunities, both of them can be used.

It is quite a known fact that bitcoin gives more of a huge return in cryptocurrency investments and trading, however, just like you said, lots of newbies do think bitcoin is more of complicated than most altcoin and let's not forget the fact that altcoins are more subjective to pump and dump action and coin like that do give a huge return too

I have been in crypto for some years now, mostly hodling since short trading is risky, and if i have had all my investment on bitcoin instead of a wide portafolio, i would be in a better position right now, because if you intented to have it in a long term, nothing has been better than btc. Also a few times i ignored the signals (like with LTC) and didnt sell at ATH, some altcoins can grow incredible fast in a shorter period of time compared with BTC but they do not tend to stay there.

Investing in altcoins is considered fairly risky in 2020.

Most of the popular ICO/ITOs in 2017 and 2018 (at the peak of all the hype) have almost been dissolved with investors losing almost everything.

I personally invested in this company called JET8 Foundation (issued J8T tokens) where the project team cashed out the capital funds and left the token to die. If you check coinmarketcap and other exchanges it is listed on, the ROI states -98.7%.

That's the investment change to date.

Thus far only the super popular and hyped-up projects like DIGIX, TRON, XRP, EOS, etc that are considered doing well.

Thread carefully when investing in altcoins. Don't believe all the hype that is created by others unless it is by a trustworthy team with sound tokenomics.

I don't think this is a fair calculation. Bitcoin and altcoin have different price changes. If we always compare like that, then we will not take advantage of the opportunity. Doesn't bitcoin and altcoin have their advantages? they also move according to their own ways. We also have to understand the trends, currently, the dominance of bitcoin is very large. It is true that the increase in BTC is not always followed by an increase in alt, on the contrary, if the BTC goes down then the alt goes down. We understand the risk here, but there is an opportunity to fill the bag because there is a big discount on alt, if alt season comes then it will be very profitable. All of this is only a prediction, so we have to really do the analysis.

There are indeed many opportunities to fill bags with some cheap Altcoin. But choosing Altcoin should not be arbitrary, it must choose Altcoin which is really developed and the developer is always active to update the technology that is owned. Analysis is really very necessary to choose the best. Without doing the analysis it will be very risky, because a lot of Altcoin is abandoned and not developed anymore.

Your topic is right when it comes to investing.I have a lot of personal experience.In this way I myself have faced many losses.Besides, the big problem is.
That is when the price of Bitcoin goes up.The price of alter coins then dropped.It is very similar to the threat of loss.

You were right mate,same as mine I used to be a small investor before but my money have been gone because I always thought that if bitcoins value rises up altcoins will follow and it is very wrong concept.That is why I have stopped doing it.

This is what I feel right now, I just regretted when I was ignored to buy bitcoin because I fell bitcoin price was already high. If I'm not mistaken at that time bitcoin's price has risen to $8700 before halving even happened so as I find another coin and I choose ETH as an alternative.

But I was wrong, I mean I made a wrong decision to buy ethereum. Because if I force myself to buy bitcoin at $8700 I can still have a profit if I sold them at $10.000, I didn't do that honestly. But now I am loosing money, I bought ETH when its price $215 and hold them until now. As you may know ETH price has declined and now its price only $190.

You are telling the truth. I myself am a burning example of this. I have been hurt several times by investing in the advice of so called experts. A lot of my capital is still stuck. Now I think you should use your conscience to determine the right project and invest wisely. At the same time, the chemistry of Bitcoin and Altcoin  should be understood.

That is why I encourage everyone not always to think about bullish, tend to see also some factors that could make the market at low. if we are investing crypto, we should have to consider how the volatility affects the market. Yeah, it was to see that when Bitcoin moves high altcoins will follow but the question is, are we prepared for it? Mostly not but expert traders have seen such possibility because they always tracking the market change and they have tools to help them understand the market trend. Unlikely, of what small/new investors did.

It is a common fact that most of the altcoins are effected by Bitcoin directly. Bitcoin is the most popular cryptocurrency all over the world and it has a huge demand. That is why when the price of bitcoin drops down then all the altcoin lost their sathosi and when bitcoin moves high then altcoin can not move with bitcoin price. Because of that, the investor of altcoins lost their bitcoin.

I agree with your opinion. Look at the price history of cryptocurencies from 2018 to now, BTC just lost a half of value. If you by 1 BTC at 19000 USD/BTC in 2018, now your asset is only half left. But in this time, you buy altcoin, you can lose 70-80%.

BTC is the most safety in currency if you invest, for me

I don't think if you invest in good altcoin you would lose much compare to bitcoin. Assuming you invest into a good altcoin with about $100 at the price of 0.08 per token. The token been given to you is about 10,000. Let's just be hopeful that bitcoin halving skyrocketed bitcoin way more than $50k. Do you think the good altcoin you invested in would still remain that 0.08 per token? Won't the price of the altcoin skyrocket to about $2?

The more time goes on it seems like the Altcoin space has become more and more risky.
Its to the point now if you invest anything in any new Altcoin you risk losing it all only put a small amount of  money into Altcoins.
Consider your Altcoin investments as a high risk gamble to get more bitcoin. Do not invest more then you can afford to lose.

no one going to change all btc to an altcoin . a pro will manage assets.and its also depends on the coin we can also see some coins witch profit more than bitcoin , bitcoin is safe to keep for me.also i have 2 seperate assest for crypto :1.trade 2.long term(just btc)

Hello everybody. In some cases, they lose, in some, no. All these losses of small investors are relative. At first, I was also confused with the calculations, but then I began to calculate all the prices relative to the dollar - it’s easier. In any case, when we try to make money on cryptocurrency, we try to convert to fiat to pay for any goods and services that are necessary today. Unfortunately, today the reality has changed a lot because of the pandemic, so many people lost their jobs and some of my friends started to spend their cryptocurrency reserves. Of course, I myself think that selling bitcoin today is a huge mistake, and maybe even a crime - it doesn’t matter how much the price of bitcoin can fall, it is important that over time the price will certainly conquer great heights. The main thing here is not to be confused in the calculations - the one who wants to save bitcoins will never lose when buying altcoins. Mathematics is an exact science, you just need to calculate it well. It is only a matter of time when it will be possible to sell altcoin for a good profit in bitcoin.

As an investment advisor by trade, I often hear people say things like " well the price of this is so low compared to so and so, why wouldn't I purchase this coin over so and so".  People often over analyze the price of investments, when what they should really be looking at is the project itself.  With all the shitcoins out there with absolutely not project worth a darn behind them, this sadly keeps the altcoin market alive.  Bitcoin has a use case, solves a real worth problem and solves it today!

You cannot compare Bitcoin with others. Therefore the others are called altcoins. Investing in Bitcoin has been always profitable. Small investors think other coins or tokens might replace Bitcoin in the future and that is one of the reason they want to invest in salt. That is why they are also losing money.

If these investors know the risk I think we can't blame them since it's their choice but sad to say there's no quick money in it nowadays. Those times arr no longer gonna work these days and I'm sure if they were here a long time ago they wouldn't suffer like that. I could say most of the top altcoins would officially follow the trend of Bitcoin but not all of it especially the centralized one.

I think the foremost important thing is many of the small Investors think it's better to have bunch of tokens rather than investing in BTC because their logic is if the price increases they can have loads of money in return, unfortunately these days the price increases only if BTC pumps.

I always Invest even a small amount in BTC instead of investing in alts because if the gears up BTC price goes up two times than others that's the beauty of this coin.

In the end, altcoins follows bitcoin's price movement as I can see in market each time bitcoin becomes bullish and each time it declines and turns to be a bear market.

But one thing I noticed is that, most of the people way back before in 2017, bought allot of altcoins and it turns out that bitcoin is the cryptocurrency that gains most of the market price. why? Because they use bitcoin for buying altcoins. The history will just repeat itself in the future since bitcoin is the one that gains too much market value, people will be willing to sell their altcoins in exchange for bitcoins.

Unfortunately, there is theory that some people buying altcoins when the price reached LL/ price floor/ bottom with closed eyes.
Just because the altcoin is currently cheap doesn't mean the price won't fall again. That's how some coin's prices fall down and that's how some small investors lose their bitcoins. an investigation should be done before every small investing.

Putting your money in a specific altcoin hoping to get more profit than Bitcoin when pumped is like betting on a lottery. Altcoin is very profitable if you happen to invest in the right coin. Infact, altcoin season is about to come, as there were movements in the market where there are thousands of Bitcoin that was withdrawn from several exchanges as traders became interested in altcoins.
Now, If you can follow these trend, you might be able to ride the pump.

It is not every altcoin that has a price that correlates with Bitcoin, a lot of them are usually moving a different direction from Bitcoin. It is just a few of them that correlates and the few that correlates don't do that 100%, highest might be 90% or so I guess.

Another thing is that when the price of Bitcoin is going up investors are fond of selling their altcoins to jump on the Bitcoin trade and make profit and that leads to a crash in most of the altcoins when Bitcoin is going up. And even when Bitcoin falls, there are still a lot of people that are selling their altcoins just so they can buy Bitcoin when it's falling at a cheaper rate.

How many times have I said something like that? A lot that's for sure!

Altcoin can pump by themselves but you have to be ready to sell at that exact moment. The rest of the time they will just move up with Bitcoin and you'll gain nohing but when they dump they go down hard and investors lose more than they would if held Bitcoin.

If you do just try to compare their value in the first place then its no brainer on which one you would gonna choose.Yes, it might not give you the best multiplier in terms of profit out there but you are at least confident
that you are dealing with something established than risking out on a questionable or non assured shit coins in the market.Of course, alts wont really have that correlation of bitcoins price from time to time and we have seen it over the years that it would either go along side or would be stagnant or would go to the opposite side thats why it would really be just a gamble-like when considering on putting investment on alts,
im not saying its bad but we know that diversifying is always been a good option.

I have known this thing since I saw the extremely volatile of Altcoins last 2018 and think about not to fully invest in it unless I fully know the coin. When you put your money on altcoins from bitcoin, expect the worst thing to come because the loss rate is higher than 50%. This were a lot of people who failed when they think they will hit the jackpot just like that and the result there are lots of them who lose their money due to their blind investment method on Altcoins.

It is the common matter not for the only small investors but also for all altcoins trader. Because we all know that most of the altcoins are directly effected by Bitcoin price. When the price of bitcoin collapsed down, then all the altcoins price also decreased and they also lost their sathosi. But when Bitcoin price moving up, then altcoins price does not move up with Bitcoin and that time also they lost their sathosi. But there are also some different history also for altcoins movement. But in maximum case altcoins trader lost their Bitcoin gradually.

People need to realize that what happened in 2017 was a bubble. Back then alts such as Ethereum gave more than 100x returns (when compared to 22x for Bitcoin). Then there were coins such as Cardano and TRX, which gave almost 1,000x returns. A lot of people are still investing in altcoins, thinking that they will also get similar sort of returns. They need to understand that investment bubbles occur only once and they are unlikely to repeat.

If that was a bubble then why the price of bitcoin is still high? Ethereum sits on the second because it is used for dapps, no wonder why it gave such a huge returns on its investor. But neither the Cardano or TRON gave a 1000x returns, where do you get this information? You should research first before spitting that stuff out coz we have bunch of new comer here man. Moreover, we can't blame people for trusting some altcoins, perhaps they have seen a potential to that coin that's why they are investing on it right now.

Yes, indeed 2017 was a bubble in the cryptocurrency market. but things were a little different. The fact is that the rapid dissemination of information that there is a real opportunity to earn very big money quickly on the cryptocurrency market has led to an impulsive increase in interest in investing in various cryptocurrencies, as well as in companies that did not have good prospects in the future. upon reaching the maximum in the cryptocurrency market, some cryptocurrency users began a massive sale of their assets, in connection with which the offer exceeded market demand, as well as many cryptocurrencies, users began to lose interest and their value fell. as a result, we saw a large drop in the cryptocurrency market, after which many investors lost their money. all this happened for another reason, because the financial economic world was not yet ready in 2017 for the large-scale development of the cryptocurrency market. Today, cryptocurrency is already beginning to be discussed in society and many companies are introducing blockchain and can use cryptocurrency for its intended purpose. it is precisely today that I consider it to be the period when many people and companies will really be interested in cryptocurrency in order to use its daily life and in business. Based on this, the demand will in any case increase and the value of the cryptocurrency will grow, but not as fast as in 2017, but may rise higher than in that period. One of the important factors that will affect public interest in cryptocurrencies is a return of trust.

They aren't. You're looking at it from a bad perspective.

For the price of one gold coin you can buy a bag of copper coins but does it mean copper coins are really cheaper and worth investing in if you have say 1000 USD?

You can buy one gold coin or 50kg of copper coins and in the end of the day both will cost you 1000 dollars so copper want't really cheaper. You got more weight but worth the same amount of money! The main difference is that if you keep holding for a year you may not find anyone to buy your copper from you.

For every good altcoin there are approximately 1000 shitcoins. There are some genuinely good alts, and they will see their day in the sun. The potential gains are going to be at least 10 fold of what you'll get with bitcoin. You can get a bigger slice of the pie because of a smaller number of holders.


That being said. It takes a ridiculous amount of resources and good devs to see a coin that can offer something good build on top of what bitcoin already has going on. I'm not going to recommend the bags I'm holding right now onto everyone but I suspect 10 years from now, when everyone has forgotten this post I'll be way in the green.


Then again, if you take your BTC and invest 50% in new altcoins that pop out of nowhere making big promises with some new gimmick or other then you'll be left with half your bitcoin.

There is only one reason for this - greed. A lot many of the new investors believe that Bitcoin has already reached its peak and they may not get 10x and 20x returns if they invest in BTC. On the other hand, the altcoin fanboys are very active in social media and they claim that the investors can get 100x or even 1,000x returns if they invest in that particular altcoin.

Yeah, these days shitcoins are booming on social media since the cryptourrency knowledge is spreading quickly. I remember way back 2017-2018 I think. There's a new coin that is called a TBC which is a scam that is really popular at social media platforms and after months it got busted. Today the numbers of those shitcoins scam is getting bigger, a lot of newcomers are getting victim by it. I think that's one of the reason why many people are losing on altcoins.

But many investor get profit after investing from bitcoin to altcoin, I know altcoin can dump extremely but have bigger chance to pump on higher price more than 300% and profitable than bitcoin, just 10% until 20% for bitcoin back up to higher price and take more than two or three months, but for altcoin we can get short time about one or two weeks to get on higher price and exactly could dump more than 200% just few days.

This doesn't happen always, mostly the price of the altcoins decrease and also the pumps are the only way for making money in altcoin market like 300% as you said. If you just hold and think of making money then you are completely wrong as the value of altcoins is decreasing, only a few altcoins that are in the top 10 or maybe top 20 are worth investing in and also the ones with a huge market cap along with a high daily trading volume, if the volume is less then there is a great risk of loosing all the money that you invested in that coin.

I think not all the small investors because there are some people who made an investment when the altcoins have a good market price too in the previous years. Sometimes the altcoins are going up the same with the bitcoin-like happens previously to the market price of the bitcoin reaches over 13k dollars and the altcoin for example is the ripple each ripple reaches for over three dollars which is a huge improvement too. But today I think there is a lot of issues on the altcoins because some of the investors already made an investment on bitcoin because they know the halving is coming which is good because there is a chance that the bitcoin now beat the previous resistance of the price.


Stil,l there are a lot of people supporting these altcoins because they see the potential of this coin to make an increase which is a good thing but it takes time before there is a market change but we cannot tell because the market is volatile like what if there is an investment comes upon for example in ripple it is a huge change there is a chance that the ripple may go up for over 1 ripple equals to 2 dollars.

After the halving i expecting some sort of rise for these pump and dump coins, i have seen many pumps in unknown alt coins in the past few weeks and i have no idea who is doing these pumps but there are social media groups including the 4 chan groups promoting alt coins and they are really going up but i was not confident enough to test my luck.

For all the new users, beware of these pump and dump groups, even if you want to try your luck make sure to cash out once you reach the target.

That's why we should focus on investing in Bitcoin than the altcoins. Investing altcoins maybe 20% of all you fund will be allocated to altcoins is a good idea. Though, there are some altcoins that give potential when you are investing. Just like what happened to me back then year 2017. My investment in altcoin goes 3x from my initial capital.

The reason while many investors loose their Bitcoin to altcoins is their maturity in this space. So many investors think that, using Bitcoin to buy any altcoin that's good looking to expect back a huge reward is foolishness on their part because the link between these two projects at entirely different. Some project look promising and later got investors scammed of their hard earned money. Some of these projects stop half way after getting investors funds and disappear to tinair without a trace. Don't use your Bitcoin foolishly because all the market prices solely depends on the existence of Bitcoin. You can only invest when your are sure of the project success or with good prospect.

This must be your most valuable experience.
The main principle is don't put all your eggs in one basket, so the importance of asset diversification is to avoid large losses. Bitcoin is indeed very profitable, and safer because the crypto world is always focused on it. But there are also many altcoins with great potential, project support and good products such as ETH, XRP, etc. which can be used as investment opportunities. Maximize the opportunities available, taking into account ratios that you can control, for example, 70:30 for BTC and alts.
I think we all agree, the new project is at greater risk, so here I focus on discussing the potential and strong market for an altcoin.

It isn't something new to be honest I think all investor are aware of it and they know the risk on investing in crypto and trading.
But you should also consider the fact that alt-coin could also move up why are you so focus on the negative side?
I don't really get why most of the thread creator like to focus on negative or positive side of what they are showing us they should be fair and put up the other possibilities of investment.
 

I think everyone knows this already. Altcoins always fall when Bitcoin increases in price and they also fall when Bitcoin starts falling. The only chance they get to increase in price is whenever the price of Bitcoin is stable. This only happens to altcoins that don't correlate with Bitcoin, but the ones that correlate with Bitcoin just like the Ethereum, XRP, Bitcoin Cash, and the rest of them don't really face this kind of problem.

The reason why these altcoins fall in these situations is because people dump them to buy Bitcoin when the price is increasing and people still dump them when Bitcoin is falling. I was lucky in some sense because I never preferred to risk my bitcoins in altcoin investments; I know I have missed some big opportunities but I value my bitcoin saving hence I believe its not worth risking my bitcoins in altcoins.

That is when you find which altcoin can give you profit and emotion drives you.  Sometimes small investor comes on the wrong moment when the increase is ongoing on the market. Athough it seems profitable when it gets more than the limited stock, it result for the coin to stay in low price which takes longer time to recover.

But the situation this year isn't the same as that of 2017 where everyone was dying to invest in crypto and the new money coming from the investors kept on pushing the bitcoin price higher and higher which led it to break $20k point after which everyone was waiting to see what happens next. Then there was a huge downfall from that point onwards. This year already the economy isn't doing that well due to corona virus and I don't think there will be any huge price movements in the recent upcoming months. So it is best for everyone to keep their coins and not experiment by investing in altcoins.

It can't be ignored how altcoins move differently compared to bitcoin. Some newcomers and small investors will think that buying cheap altcoins will give them big returns in the future but too sad to know that they become hopeless because it won't perform as what they expect. Leaving to that scenario and what I experience before, in fact, I'm still some altcoins but to see there are no changes happening and some get worse as the price drops more.

Things to realize that there is no opportunity in investing cheap altcoins. Yeah, we can have them in bulk because of the price but to see its market growth and performance, you have nothing to get profit but just a loss.

Your point is good but your theory is wrong. You are just talking about the positive side of holding bitcoin.

You never said what would happen if bitcoin goes to 4000 from 8000. Well in that case you will only be able to buy 4000 tokens instead of 8000 tokens.

Bud, bitcoin is a great store of value but we should never encourage others to buy it by speculating the price.
Instead, we should explain them about the positive aspects of bitcoin and why altcoins are not as worthy as bitcoins.

I get your point but not in all cases. I know a friend of mine that invested in unibright which is an altcoin the value of his investment now is worth more than a bitcoin and the value he invested was not up to half of a bitcoin that time. So i would say it depends on the project of the altcoin and how lucky the price of the altcoin can rise before bitcoin starts rising

Investing on crypto is never a financial advice and small investors thinks that if they invest on altcoins, they will make big profit but it's the other way around. Still, altcoins depends the price when bitcoin pumped or dumped in the market.  If small investors really wants to invest, why not do it on bitcoin instead to ensure profit in the long run and it will not run out of value. They can also trade on it if they are into trading and in that way they can easily make profit if they make a right decision on trades.

I think "investing" in altcoins and losing money is a rite of passage for most people who have just got into crypto. Its understandable why they would do this. There are plenty of high follower Twitter accounts and such that are shilling their hearts out on projects that they know well are crap. Exploiting peoples greed with talk of 100x's is not that hard. Not to mention the Telegram groups where delusional investors are plugging their shitcoin as the next big thing.

If a crypto user hangs around long enough they will see that the Bitcoin is the value investment. Hopefully they'll also pick a couple of other projects that they  have done their research on, and get involved in them as an investor or contributor.

You can reduce your risk by investing in trusted and well-known altcoins.  As there are lots of fake projects, don't buy a relatively less trusted coin unless you have certain knowledge about them.


It's true that the some people are losing money investing in the coins which are related to fake, scam project. But your analysis in the link is not justified, as you have considered that the altcoin value to be fixed. You can find lots of coins in the market moves exactly opposite way that you have explained. So it will be false to conclude that the small investors are losing money by investing in Altcoins.