Bitcoin Forum

Hey everyone, just wondering what your current investment strategies are in regards to alt coins?  I have been around for a while and have been here for numerous runs and pull backs...I haven't stayed too up to date on all the newest alt coins out there.  It is crazy how quickly I have felt like I have become a dinosaur when it comes to all the different coins and projects that are out there now.  I feel like Defi and a few other major developments have just blown by me.  Trying to get myself back up to speed on what projects/coins seem promising for the future.

Aside from the majors and older coins like BTC, BCH, ETH, LTC, XRP, DASH, Monero, etc...which ones are you all investing/believing in these days?

Are you guys leaning towards coins that have been built on top of Ethereum or ones that are completely separate?  Does that matter to you?  

Just wondering where you all are putting your money these days...besides BTC on the dips of course...

Right now, Ethereum looks like it can stay a big force in crypto because so much infrastructure is already built on it and it will take a much more advanced tech to be a real competition.

So many Altcoins were launched but no real improvement was made. After all, each Altcoin has some major downsides and Ethereum will have no difficulties to distance such Altcoins.
After all, it looks like only Avalanche has a significat different concept by using a novel consensus approach. Mainnet is already live and it is working what Avalanche devs have claimed. Here is a great summary what Avalanche can achieve: https://cryptoseq.medium.com/what-sets-avalanche-apart-from-other-blockchains-3c5f4a4c0889

A big challenge for Avalanche will be to gain attention because it's really good tech but not very known. Some DeFi devs have recently told to be developing on Avalanche like SushiSwap: https://coinmarketcap.com/headlines/news/sushiswap-and-avalanche/

Ethereum has a big advantage here.


My bet is on Ethereum / Avalanche because I don't really see a different way which crypto can significantly take a market share from Ethereum.

Many of the alt coins at market today had started as an token on Ethereum blockchain. And almost all of the newer tokens too take that approach as creating their own blockchain specially or non POW coins is a huge task for which they mostly take a public funding providing investors with Ethereum based token and swapping it to the real coins when the chain is ready. There now are alternatives like BSC chain but most of the public sale still occurs with tokens.

for the long term I choose a project that has a private blockchain network, the reason is because projects like this are more serious in developing. but to look for short profit, will choose a project that uses smartcontrac. projects like this are just temporary hype and sooner or later it will disappear. but the profit offered is quite large.

I make investing according how high of use case of the project and what problem they want to solve. I did not see it according to which blockchain they use it, because many project created tokens by used 2/3 different smart contract. And I divide in to 2 option, first for high cap coin by 70% portfolio, and 30% for low cap coin. Currently high transaction fee on Ethereum did not solve yet, so I prefer to invest in Ethereum competitor like Solana, ADA, AVAX and others project that trending on the market, that is NFT and DEFI. NFT and DEFI is more use case and stronger project than memecoin.

It doesn't matter if it is an ERC20 token, as long as it shows a potential to be a good investment for long term then I would invest my money to it like ENJ or MATIC. Those two are often used to build blockchain games and allow the use of NFTs which is very popular now. The withdrawal fee is really ridiculous when withdrawing those tokens on exchanges. I hope the eip-1559 implementation of ethereum will decrease those fees as storing cryptocurrencies on exchanges doesn't really make me feel safe even if it is on binance.

I think it depends whether we gonna choose a "token" that's lives on an existing blockchain or a coin with its own blockchain, usually a token offers some product or services like swap platform, or any other services meanwhile a coin that has their own blockchain usually make their "blockchain" itself as a product. I'm totally okay with investing in both of them and doesn't really matter since I often see the product first.

I personally putting money in ETH, BTC, and ADA since they seems promising but that's just my preferences.

Depending on the technology, application, community support, and the development speed of that crypto to be able to conclude investment or not.
We have over 10,000 crypto projects so we can choose any crypto to invest in. The last thing is profit so if any crypto meets my criteria I will invest in them.

Just avoid any tokens build over any blockchain especially on the ethereum blockchain network because they are just creating it for no reason and end up for no reason as well. Currently, BNB looks to be a promising project for the long term investors because they are continuously developing their project and it reached to the highest level from nowhere in no time, while the drawback is the centralized chain which may not be a real problem for the investor over the people who wants to utilize it.

I left ETH and BTC in my portfolio when I took the opportunity to sell in the pump yesterday.
currently, 50% of the value of my assets is put on BNB. and the rest is in TKO and CAKE 30%. the rest I use for day trading on Binance and Tokocrypto.

Crypto investment is all about the right timing and don't stay too long, since it's a circle thing you also have to wait for another good opportunity, you can't just buy because price is growing, whichever coin you decide to buy make sure you only risk what you can afford to lose because right now no one knows where the market is headed

Sometimes it matters a lot. Remember that if there are lots of tokens that become separate that already turned to be another new major coin. that's proven if a token can be a better than a coin that used its separated blockchain directly.
it doesn't matter whether it's a token or coin as long as it has a very good development progress and vision. it may become another main point to pick it.
The blockchain coin can start from a token when the team is still developing its future blockchain like ADA, Matic and many more. I will prefer to pick a token and coin that have good vision.

Well personally it's same, I leave the crypto for about 1 month and tons of happening. Crypto was growth really quickly, Just try to follow the flow slowly. DeFi or NFT Based coins still have good chance, Not an financial advice  but your should check CAKE and Vulcan Forged.

Depends but I think coins that have their own Blockchain have better potential but even so it is not a guarantee of the success. Sometimes some Coins will be based on Ethereum, BSC, TRX before launching their own chain (Testnet Stage) So this doesn't really matter while the project is actively developing it.

Just an little Advice from fellow newbies, Try to Look some coins/tokens or projects that introduce an new innovations, such as AIOZ with CDN, Arweave with Decentralized Storage, AAVE with it's compound or ccFOUND with it's community-driven social platform. The most important thing is a fresh and unique new concept, Good luck!

ETH cannot scale, EOS cannot scale, ADA cannot deliver product, thus no blockchain dapps platforms I consider being worthy for heavy/serious investment. But for playing/trading, tokens on BSC are easier to trade at the moment because of cheap fees. Uniswap is nice, but the fees are crap, unlike pancake swap of course. However, I'm afraid when the BSC network congested, we must look for another solution. FYI, I've been migrating from ETH -> EOS -> BSC.

The price, however, is not rational, so what's useful may not be worthy, so it doesn't matter whether it is built-in or has a separate chain. Follow the money and the liquidity.

No matter where it was built ERC20 or not but still depends on the purpose, use of the project. Some projects have their own system, some are built in Ethereum and some are using other service but not all of them are good some of them are successful, some are not.

It still depends on what project and its purpose. No matter if its built on Ethereum or independent project.

ERC is too expensive. then on the bsc, trx, or waves network there are no good projects. So for now I prefer projects that have a private blockchain network. but if the ethereum network is normal and transaction fees are cheap, I will invest in some projects that use erc20.

Ethereum is the best choice for you. I don't bring any guarantee to you regarding to Ethereum.

If you consider Ethereum as your main investment and want to expand your portfolio to some ERC-20 tokens, it has double risks. ERC-20 tokens depend on Ethereum network. Any thing bad occurs on Ethereum network will bring issues to ERC-20 tokens.

Some other projects to consider are Avalanche,Solana and Polkadot. I don't say their price is cheap now but if you want to invest, and hodl for long term, it is good. Main allocation for Ethereum and a smaller allocation for Avalanche, Solana and Polkadot.

Hard to say, but for me the first rule of thumb is just look for a solid project that has the potential to make changes or at least real life usage, regardless if it is independent or top of any projects.

If this is suffice enough, then you can have good projects as investors might flock and pour their money on it because it is a good and solid project. And this is why there are a lot of shitcoins nowadays because they just wanted to copy successful projects. So it really depends on the perspective of the project and how crypto investors are going to look at it.

I prefer to choose coins that are completely separate from Ethereum network or coins with their blockchain and do not depend on other chains like eth or Binance. I consider coins that have their own chains to hold for long-term.

There are lots of very successful projects that have been built on the ethereum blockchain and also lots of successful projects that have built their own standalone Blockchain.
What can be established is the fact that there are lots of other factors that determines whether a project is good or not. So do a proper research before making a decision to invest in any coin or token

Don't matter much if it's ERC20, TRC20 or have its own mainnet and chain. As long as the altcoin that I've seen looks good to me and it has passed my standards, I'll grab it. If I've seen the potential and it's a coincidence that it's an ERC20, then it doesn't really matter because I'm looking at its potential not where it's built. There are those coins that have been built through smart contract yet managed to get their own chains and launched their mainnet because they got the potential, one example is BNB.

what mate said, is what should be done to choose something for good and a clear goal, profit. because all the main goals are indeed aimed at it and eager to be able to make a profit. so whether it's erc20, trc20 or even bsc, which is the altcoin that will lead us to achieve the goal that is not to be missed. something can be profitable then obviously we will take it and make it the main goal.

I would say that in the beginning of the Defi Hype Ethereum was probably the one project that benefited the most from all the already established coins because the first Defi projects where pretty much all built on Ethereum. When the DeFi hype started to become really big it became obvious that Ethereum in it's current form is not the ideal platform for DeFi because it can not handle that many transactions. That is when chains like the binance smart chain or layer 2 solutions on ethereum like polygon started to shine. A lot of projects decided to launch on BSC/Polygon and many of the existing projects switched from ETH to those networks.
I would say that 95% of the new projects are tokens of these 3 chains + Solana based projects. Soon cardano will start with it's smart contract functionality and i guess that we will see are lot of ada projects launching soon.