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Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

I don't really like altcoins, especially new coins, meme classes, or hype coins. However, many argue for Altcoins, especially the newer projects, that they can experience rapid price growth, providing the potential opportunity for significant investment ROI and I'm also surprised it has always been able to attract so much interest from both investors and developers.

Most altcoins are best for short term and a few might be considered good for long term. But that's where the debate starts because everyone has their own taste of altcoins.

Many are the ones that looks at it as their ticket to lottery and likely to give them the best profits that they can think of for a very short period of time.

But little did they know, that's gonna butcher them when the altcoin they've chosen is mostly a pump and dump.

Altcoins are so important, they are the only things keeping that keeps the crypto space market going. Imagine if it was to be only Bitcoin? How many people would be able to afford owning a single unit of Bitcoin. Altcoins came into play and the market was open for new projects and thousands of Altcoins was introduced. Lot of people have made more money from Altcoins than Bitcoin, it has given Bitcoin the run of its life. The best thing that happened to the crypto market space is the introduction of Altcoins every single day.

I'm not an altcoin holder, and I don't like them much personally.

However, I do recognize their quality in attracting new investors to the market, and for some of them, in trying to solve real-life problems.

But the question is, have altcoins done more good than harm to the crypto ecosystem? For every thousand investors and new crypto enthusiasts that altcoins have brought in, how many have they disgusted with scams, rug pulls and other shenanigans?

They're important, because they represent a huge financial volume. But for me, their greatest quality is to demonstrate day after day how solid, useful and self-sufficient Bitcoin is.

I can't even count the number of messages I've read on the internet saying: "I got into cryptos for a get-rich-quick scheme with some altcoins, after failures and disappointments I'm now all-in BTC". Many don't understand how altcoins work. Those who make money, make altcoins useful because they earn profit with them, those who lose money, make them useful because sometimes it directs them to BTC.

It's nuanced, as always, ETH is not a stupid memecoin, and don't offer the same possibilities. So I think some alts can be important, while others are just losses for everyone (except for their dubious developers who get rich on the backs of investors, examples are numerous on the BSC chain).

When viewed from the project of its developers Altcoin in fact has the benefits to expand marketing and job vacancies in its development for many people, and again has a more reliable crypto technology option in the use of blockchain networks, but it is also a Bitcoin comparison that makes Bitcoin king Coins, so if there is no altcoin, there might not be a crypto market as big as now and make Bitcoin the king of all coins. That may be some of the benefits of altcoin and competition in the network.

With an alternative coin language, which is an option where you can benefit from other coin investments besides Bitcoin, or we can call diversification.
For a lot of altcoin who died or scam, I think it is a fact that cannot be changed, but to avoid coins like that depending on how you analyze the project, with the meaning that you cannot punish altcoin as a scam, because we see in the market many altcoin which provides benefits to the investor, but if it is intended for the long term you must really think about it again

Altcoin is not a single coin, its a term used for every cryptocurrencies apart from bitcoin so even if 50% of market dominance under bitcoin still there is room for another 50% that is the factor drives the investors to make money apart from bitcoin. Investing on cheap coin can go as complete loss or can give 100x returns in very short term.

Profit.

I guess most of the investors out there (including me) are investing into altcoins for the sake of profit, and nothing more. Maybe there are some who wants to show their support towards the project thru holding their coin, but most are because of profit. Scam, and death are more likely to happen in new projects, but for the projects that are out there for years already, the chances of it to be either scam or dead project is way lesser than that of new projects.

That's very easy to say, but the question is can you do it in real time?
It's easy to say "buy the dip", or "sell on top" etc. but the reality is you don't know when it will happen, and by the time it happens, you might lost your patience already and bought at a wrong time.

As for me, I don't have any skills at all. I just invest, and hold it for long term. I don't know TBH if I have skills that would've help me in investing. As for my opinion, there are some altcoins out there who are important still. Bitcoin isn't a one size fits all type of cryptocurrency where it all has the good features already, and that's where altcoins shine. There are some altcoins out there who are covering what Bitcoin can't do. For ex. transaction speed. Bitcoin's transaction speed is slow that's why we are seeing altcoins that has a faster transaction speed as an alternative coin to be used when transacting.

For profitability reason. And don't generalize all of it since there are good altcoins to hold, its just those newly created altcoins do that public sale,exchane listing then dump and turn scam. We need to avoid such scheme so its better sell fast than selling late then dump it up even if we already lose at 95% in value.

If we don't want this to happen we can also try to hold bitcoins since this could give us much better pace than any other alts out there.

The human nature to take risks. That is the only reason why lotteries, HYIPs, Chit-funds and altcoins exist in the first place, similar things have been in circulation since a long time. Those who invest are trading the risk for the reward and hence the craze and thus the scams.

But I consider the top altcoins to be of some use specially when the bitcoin networks becomes too congested and difficult to push a transaction through without paying hefty fees.

Beyond that I am enthusiastic more about bitcoin than altcoins. But if I do invest, it will be among the top five.

It's not all of altcoins are scam. Some were even existed since a few years ago. Money has always become the main motive why people invested in altcoins.
Since the chance to make money through major coins becomes very small. Altcoins offer alternative way to make it happen. It's all about money. People are dealing with huge risk caused by they hope to get huge rewards from there.


It's only applicable for speculation altcoin like meme token. As long as you have invested in the legit project i.e ethereum or other blockchain project. The value for long term is always there.
don't you even think how so many people invested heavily during ethereum ico have become millionaires?


There's nothing related to the skill. It's all about how to make money in short or long term through altcoins.

Before investing any money in alt coin you should think twice and invest because you can face more loss than the profit that alt coin can give you so in my opinion if you invest in any alt coin you should take profit as soon as possible.  Get out of the coin and wait again when the price goes down and buy again. If you follow this method you can make a lot of profit from Alt.

Some altcoins have their importance on crypto market, as they brought alternative blockchains with different features which proportionate developers to launch their own projects, such as the popular Ethereum chain. We can think it's all useless, but let's keep in mind such altcoins allowed many professionals to acquire more experience and practice their programming skills.

Meanwhile, other altcoins are important tokens inside determined platforms. They are what we call native tokens, which guarantee additional benefits for holders inside an exchange, casino or investment platform. Altcoins are also assets with rewarding potential. So, they shouldn't be neglected. We just have to be careful selecting the worthful ones and despising the worthless scammy ones.

I am a pretty small investor even for crypto standards i would guess therefore i have so far not invested a single dollar into Bitcoin because i just don't think that we will see another 10x or even more from here on out because Bitcoin already made a x20000 or even more since it was introduced and i just dislike the fact to invest into something where others made a fortune with. So i would say it all depends on the goals that you want to achieve with your investment.
If you want to be as safe as possible with your investment into crypto, then i think Bitcoin is still the best project to invest in.
If you want a chance for potentially higher profits then you should invest into alcoins in my opinions. Not in stupid meme-coins but in good altcoins.

When you bundle up all the altcoins as a scam just because they are not bitcoin, you are in wrong tracks.

So what you are doing is day trading? Something people have done since 16th century. Good for you if you are making profits but polishing it to level that gives you living is going to be whole another ball game.

So you are buying a dip? I am not sure if you know that buy low(dip) and sell high is supposed to be a joke? It's not a real advice because it's obviously based on hindsight.

ETH is an altcoin. I hope you know that? So, do you still have that generalization of how shitty altcoins are? Well, imagine all the tokens and even coins that were (and are still) birthed through the ETH contract which has deepened this cryptocurrency industry. Without ETH, this industry wouldn't have gone this competitive. Yes, I know many will argue that the preponderance of altcoins paved way for the many cases of scam in the industry. That's not entirely true. Left with only Bitcoin, I'm cocksure scam in the industry will still exist.

Again, I can bet you that many of those who bad mouth altcoins still have them in their wallets. Altcoins aren't that bad to invest in. It's just that investors should be meticulous while picking ones to invest in. On the short run, altcoins give better ROI than Bitcoin and I guess that's why they keep attracting investments.

It’s subjective isn’t it. What can be important to oje man can be a waste of time & pointless to another man. Altcoins are important to those who feel they missed out on being early in bitcoin. Some people strike lucky & do even better than bitcoin og’s by buying & riding alts. It’s all personal, if you enjoy alts & they work out well for you, don’t let anybody convince you of anything else.

Bitcoin popularity was because of the existence of altcoins. Altcoins creates option for the crypto market, such option exposes the difference of bitcoin especially in the aspect of decentralisation. That is if altcoins were not available, not many will invest in bitcoin, they invest in bitcoin because they have seen it has more potential than altcoins. Therefore, the disadvantages of altcoins makes bitcoin more recognised and value. Apart from how it increases the personal standing of bitcoin, it create investment opportunities for investors which means you can trade or hodl altcoins however short or long-term depending on your profit viability. It is seen as an asset whose value is expected to increase in the future.

Altcoin are just for diversification of portfolio that is to say; investing altcoin is just for quick profit and gain and nothing much than that all less in some trusted altcoin like ETH, BNB LTC and TRX, one can deliberately hold all these coin as posses a good quality to hold for long most especially LTC and TRX are good for payment they are very cheap in transaction fees and quick delivery to receive.

All these newly launched token and coins are just for distraction making one to lose their reputable coin for a shitcoin all in the name to make quick profits and gain but which ends up being a pump and dump at last.

Well, altcoins are definitely important to quite a lot of people, but definitely not me, i don't like short term projects, neither do i like to gamble, and these are both peculiar to altcoin investments. I know altcoin investors might disagree, but altcoins are basically risky pump and dump coins with no actual utility. Having said that, i invest in Bitcoin over altcoins because it has an actual utility and i am pretty certain that it is sustainable for the long term, that's the difference to most altcoins that survive only on hype and nothing else.

Not all altcoins are worth it, but most of the top altcoins already serve their purpose.
Altcoins are meant to solve some issues with Bitcoin, and they are very successful on this. If you don’t want to become a victim of a scam project, you should do your own research first before investing, the top altcoins are more safe though. Taking profit is also good and it will all depend on your strategy.

altcoins is good for investment that needs volatility, and some people are always finding volatility for their investments so that they could profit a lot more faster.
moreover, if not for these altcoins, our blockchain would be far less alive than today, the dapps, and many more appear because smart contract innovation from altcoin in general.

Altcoins are important for the following reasons I have thought out.
* The awareness of the existence of altcoins creates a sort of healthy competitive environment, which makes BTC want to perform better and ensure it lives up to its vision.
* Several investment in altcoins can actually help anyone achieve a long term plan of acquiring BTC assets. Altcoins can produce easy profits bigger than BTC, but the volatility of the market can deflate any gains quickly. Hence, why it's advised to swap altcoins to more steady coins like BTC or ETH, incase it is to be kept in a wallet.
*Altcoins help promote the presence of DEX. As well as supports innovations in Web3, virtual/Metaverse.

These are some reasons on my finger tips. Perhaps I would add up some later.

Not all altcoins are necessarily bad. Some altcoin projects are actually pushing the bounds of Bitcoin and Blockchain. I remember Ethereum's early days when it came under heavy scrutiny. Today, However, Ethereum pushed the bound enabling us to create more complex but usefulness blockchain based applications and systems. Concepts like DeFi, Bridges etc were not possible before it's launch.

I actually think some altcoins would strive alongside bitcoin but only a few of them would ~ not all. Especially those whose team are involved in shady activities that don't align with their community values.

too many types of altcoins exist today, some are popular and some are not. saying that all altcoins will end up being a scam, and dead coins is probably the wrong opinion. some of the altcoins that still exist from the past until now are ethereum, bnb, and even doge. These altcoins have prices from as low to high as they are today because of the developments their team is making.
However, I agree that very many altcoins end up in scams or dead coins. Personally, I've held a not-so-popular altcoin for a long time and ended up at a very low price. even though the initial launch of the coin had a very high price. because of that, until recently, I also no longer held unpopular altcoins in the long term, and only used them in the short term.

investing in altcoins is of course something fun for those who are always lucky and always get big profits, and in my opinion investing in altcoins is something high risk but most people always focus on profits without thinking about losses which are of course at risk of big losses.

but in my opinion investing in altcoins even though it is high risk of course we can do it as long as we have to read the news and buy it when altcoin prices are still cheap. but of course you have to be prepared for the risk.

Altcoins are good in long term, and it will help you to have hope of achieving something special when the price of that particular coins increase higher to your satisfaction before you can sell to make a good profits. Buy altcoins when the price is low and hold until the price increase higher before you can visit the market which will help you to enjoy the benefits of altcoins than to buy low and sell fast in the market which is not advisable to investors. Most of the important skills every investors need to have is patient, because once you can apply patient in your holding, it will be difficult for your to miss your reward in future.

There are many ways or strategies that can be done on the Altcoins that you have, this only depends on how well you study the graphs that appear on the coins that you have. if you study maybe you can deal with it and make more big profits later. but I still have a lot to learn in this world to continue to grow in the future to be better.

Altcoins have brought variety and confused the crypto environment. They've attracted investors, but at what cost? Scams and broken dreams might occasionally overshadow the initial interest and financial influx. Bitcoin, in its quiet strength, has weathered criticism and upheavals. It's the digital gold standard, whereas cryptocurrencies are volatile, risky derivatives. Still, grouping altcoins is unfair. ETH and others are helping blockchain development. In altcoins, the visionary-voracious line is thin. Educated investors should follow the Bitcoin beacon through this muddy terrain.

Like and dislike is indeed subjective, according to each side of the view, a good choice for you to choose not, because there will be no risks that overshadow you.
I cannot deny because it is a fact, those who enter earlier will definitely benefit from the new Altcoin, especially if that project have been waiting in many large markets to trade, you will get a very high ROI, but yes usually the name Altcoin We know that a big risk always overshadowing, so the potential for profit is after the potential of the riot, we must be aware of such a situation.
Naturally, if there are many people who are interested, because price fluctuations are very tempting.

If we have benefited from Altcoin, don't be too greedy and hope to get another increase, it usually becomes chaotic, it's better to sell fast when you have benefited, especially on projects that rely on hype media, not on the potential of utility and the future of the ecosystem network.

That is really the strategy for altcoins nowadays buy dip and then sell if the price increases to be able to generate profit. A lot of investors do take advantage of the dip and dump it once it hit their target price. If the scenario of most investors the altcoin project will tend to end as scam. But of course there are also altcoin projects that has a good potential in the market with a clear timeline and very good support. It is better to do a research first before investing to any altcoin so that you will not regret your investment.

In my opinion, altcoins are indeed important for those who want to get rich quickly, but investing in altcoins will also be the best solution if you want to become poor quickly.

and usually people will invest in altcoins because they want to get rich quick and want to get lots of profits.
but as long as we can analyze and predict well, of course, there's nothing wrong with investing in altcoins. in fact, if we are good at analyzing altcoins and buying them, of course we will have the potential to become very rich

and with altcoins, of course, it will make bitcoin even more popular because the safest investment is still in bitcoin. so in the end, people will choose bitcoin as their investment vehicle.

What we know is that not all altcoins are bad from any coin can still generate profits if you are right in analyzing the coin you choose, so many of them invest in altcoins because of the greater profit, of course there is a high risk in it so there are still many who dare to do this.

At its core do not be greedy when the target to sell has been reached then immediately act for the profit, even sometimes there are still many who ignore the profit that has been set they want a higher increase and this is usually more trapped when the price drops and they do not dare to sell, but when the decline is 50% they make sales because of panic and it is a mistake where trading is not with the right calculation.

It's important because each coin has their own purpose and utility, although 99% of the altcoins are purely garbage coins.

The real altcoins that has a purpose and utility are Monero as a privacy coin and DAI as a decentralized stablecoin, the rest are just copycat, centralized and have nothing to contribute except make the developer rich.

Someone can make some good profit through altcoins, but it pretty much like gambling.

Let's be honest here, some altcoins are really helpful for the current crypto market to pump but this is not the case for some others that are used to scam people especially those pump-and-dump coins that are only created to be like that and their owners leave it once they already get some enough money from their victims. But the worse side effect has been causing the right altcoins to slowly get some potential investors right now because of their pasts experiences with altcoins.

Altcoins are very important in the market because they give us an alternative to investing in the cryptocurency market than just investing in bitcoin. Some days Bitcoin loses its high volatility as there's no movement in the price that gives investor good profits but altcoins can give good profits in those months and that's why they're important.
Altcoins also bring many things to the industry like how Ethereum brought smart contract that has been used in building many decentralized applications and other altcoins has things they're working on that Bitcoin can't do. Bitcoin is only a currency but altcoins have different functions that make the industry very interesting.
Stablecoin which is also an altcoins helps us in keeping the profits we have made from the market very secured. Without stablecoin it would had been hard to keep profits we made. Many exchange could have found it difficult to get approval to use fiat currency but with stablecoin that are on the blockchain, it makes it easier for them.

It is true that some altcoins are scams but it cannot be generalized, for most altcoins it is true it is better to adopt a short strategy to make fast money but there are also solid, serious projects with excellent growth over time that are worth investing in

I have the same strategy, buy and run fast after profits. But the purpose is different, it's not for revenge because I am an investor too after buying it, but that is just the way it is when it comes to altcoins.
They have a higher risk than most popular coins in the market so you just have to be wise and just be satisfied even if the profits ain't that high. Last a couple of years if I remember the date right, I bought Shiba Inu and doubled my money in the process in just a small amount of time. Afterward, the price increased more due to the hype, it tripled and more but I never went back just to ride it again because that will be a risky move. I got over it and looked for a new investment that would luckily have the same ending.
There will be mistakes in timing the right selling point but as long as there's profit be happy with it. Move on, create something new.

People with common sense will able to make differentiate between the scam token and non scam token. The fact that if so many altcoins are exists in the market but many of them being made for money grabber only.
I can't deny that if developers are using altcoins as a way to get money as fast as possible. This is also making the token can also be used as a way to get money through listing it and then dump it.
So many trusted tokens can also dead anytime. People shall have learned a lot from luna and various legit tokens that destroyed in a short time.
There are so many aspects that must be used to determine that.

Totally agree with you that both scam and coin extinction in altcoin in crypto currency market cannot be denied. People want to invest in altcoins because the rate of return is very good. Altcoins don't require much waiting, you can get a good profit in a short period of time.Altcoins are a great option for small investors because the prices of altcoins are much lower than Bitcoin.

Apart from all these there are good and strong projects in Altcoins which gave huge profits to people in the last bull season. At present there are still good and excellent projects in crypt currency that have the potential to give a good profit in the future.

Small investors are usually called hamsters. Such people read the news on Twitter, where they listen to the advice of various "experts" and buy bad projects, which results in losing their deposits. If you are new to this market and want to invest in altcoins, you need to pay attention not to ads but to old projects that have been successful for a long time.

How would we have improvements then? Crypto world is filled with alts that are not needed I agree with that, but there has been some alts that improved the blockchain world. All those ICO's and IEO's back in the day started a rush, and now the most recent one was DeFi and NFT for example, or metaverse, or play to earn, those were all improvements on what we already had.

This is why it is quite near impossible to have a bitcoin without having alts as well. Those things improve the blockchain world and what can be done with it and you need to accept that we need some of them otherwise it's just not going to work. I know that people are not excited about it as much as they could be, but we need to accept the terrible ones along with the good ones in order to continue.

We have the Altcoins seasons, where these coins hits their All time high price, we just need to have good entries in the market. Altcoins are important because of the massive pump and dips it triggered, only the smart traders and investors are opportune to generate profits from these altcoins. I've lost counts on the times Altcoins saved me and my portfolio during the period bitcoin and Ethereum crashes significantly,  I thought all hope were lost, I just forget that I bagged GMT which pump massively and tend to raise up my portfolio from liquidation.

When it comes to the altcoins, I will divide that into coins and tokens.  The tokens will die fast. But you can get good profits from the coins. My favorite altcoins are OP, ARB, and ETH. If you want good profits from the crypto market, you should get the profits and exit the market at the correct time.

In theory altcoins should have many different functions, for example bitcoin has become such an important and influential project that it cannot longer test new features as it did on the past, so altcoins were supposed to be the perfect environment in which ideas could be tested against the real world and we could see if they worked or not, but when the majority of altcoins are copies of other coins and the majority of them are created by scammers, then as expected the enthusiasm over altcoins has been decreasing among the senior members of the community.

It should also be noted that it is altcoins that have a lot of useful functions for doing business, concluding transactions, generally providing various useful services and amenities to people that bitcoin does not have. Blockchain technology provides a lot of advantages in various areas of human activity, including if it is connected to finance in the form of cryptocurrency. In addition, altcoins are still improving, thanks to the open source code and the ability for everyone to create their own altcoins, this process is very fast, although it has its drawbacks.

I thought you dislike altcoin? Then why you are giving us that suggestion? But anyway the truth is that there are also legit altcoins. These alts are worth it to HODL for a long time obviously because it can give us a great income in the future and buying and holding is also a way of showing a support to the creator of those altcoins.

Your suggestion is still good only for the altcoins which are only good at the start because maybe this was only their goal and they don't plan to develop their alt and try more harder. Legit altcoins are important because they supply the missing features that people are looking for in Bitcoin. Alts help in the adoption of crypto or in Bitcoin so I wouldn't hate them.

Trending hype in the short term and it offers great returns and risk of loss for the staunch investor, I personally see that we have literally thousands of different altcoins but few of them are proven to be. demonstrate value and functionality in the crypto space. And nearly every altcoin is tied to the trend of btc, so without the skills of analysis and evaluation as well as the process of investing in the market, altcoins are not the way we stick to our assets for long if not subject to change. I am always optimistic and confident with this market, so the long-term view with btc, then can switch to altcoins through price movement cycles to balance profit and risk.

The manor reason for those investing in altcoin is for the gain because those scam tram always promise them $1000 on the $20 investment within a short time,  and since some of them once pumped and dumped at some point it then turn out that those investors are trying to take a short at them whether they be lucky not to be caught in the web.


While some are lucky to cash out on the team when the pump happens but also some are unlucky to pull out before the dumped also.



So for me, altcoin is not a good investment choice most especially for a long term base.

Maybe it's just the profits people make or simply believing in the technology the project runs on, or about some hype about the trends that happen around each bull cycle market. The altcoin environment is full of things to choose from but it's clear that buying anything doesn't always bring us good results, the way I look at the competition and purge projects over time to stay potential projects are the ones where altcoins operate.

The reality is that many of them don't realize their mistake until repeated losses and can lead them to really stuck situations in life, so the key is DYOR in the beginning, then don't risk it with the mindset that some short-term investments will make you rich quickly, it happens on some occasions and people exaggerate it, so stay away from things that are too fancy and understand about what you are learning to avoid mistakes.

Well, the best answer I can give is that the world is too big for one coin! I think there are good alts around, we can deny Ethereum, Monero, Litecoin, and some other coins success in the last +5 years.

I can't imagine the crypto world without so many different projects around and their native chains and possibilities. And the speed at which this world is growing is incredible...

What you have said above was not even true. There are many coins that could die as fast as a plane that was falling to the ground. OP and ARB are tokens while ethereum was native coin. You shall know the differences. ARB and OP are tokens that you have claimed above to die fast.

 :D :D :D :D

How fast the coin/token die depends on many factors.

There are many arguments sometimes in favor and help to bitcoin, also sometimes competition with bitcoin to express themselves, but rather every altcoin depends on the trend of bitcoin. I see the reason people believe in it because of the fact that it offers a clear opportunity to be profitable in the short term, and it repeats so often and almost as a habit of forgetting that people build for themselves. But the trend created in each bull cycle, many of the things that I see are meaningless but also part of the trick to attract people to the crypto market. Over time we will understand for ourselves what really is safe for different times and what will be short-lived.

I have very poor skills because i couldn't manage lot of assets for trader and invest. Anyway altcoins is more important for all crypto investors. You can see there are many project going to successful. But some years ago we was receiving many good project even that time was less scam risk.

Different altcoins serve different purposes, while diversification is necessary for cryptocurrencies. Some provide better privacy, others fast and affordable transactions; Bitcoin isn't a panacea. The truth is that there are a ton of crap coins that serve no purpose whatsoever, which is the main reason the SEC targeted Binance because it was listing random tokens and altcoins. Anyway, altcoins are necessary for the cryptocurrency ecosystem, and if you opt out of the scam coin, the altcoin world offers great opportunities, and the different blockchains such as Binance Smart Chain, Polygon, and plenty of others offer great staking capabilities.

I agree that they do have a great reason to be used and that's why it's used this much as well. I am not sure if we could consider them "important" because that's a different topic but I can say that they are definitely good to have and that should make the difference without a doubt. I know that it's not going to be easy or anything like that but we could definitely see it change a lot.

I personally hope that the best thing that can come out of altcoins is the fact that we can use them easier and that makes it more fun as well. Plus there are ones that you "use", not just invest or anything, sure you can buy and sell everything but you use some of them for stuff and that makes it even more entertaining and also a great reason to purchase.

Everyone like altcoins for making profits, so you should received lot of skills to know about current market situation. You should understand what is the best time for buy & sold then enough for profits range. Buying good altcoins you never lose. Moreover, the altcoins market is never quiet so look for opportunities for profits.

Yes, you can see a lot of scam projects/scam altcoins but just to note that some still play an important role in the market like ETH.
Well, your opinion about buying the dip was great but thinking about selling them faster, was impossible as we can't assume that after we bought them the price will pump. That is why there is where we called hold/holding because it was needed somehow as the price won't climb out after buying and we wait for a few days or even years.

Altcoins have numerous loopholes for manipulating investors to fall victim of misfortunes. Only a few of altcoins prove to be reliable, yet not trusted by multiple traders. However, altcoins generate a good amount of money for the cryptocurrency market, that rarely benefits the market, meaning that it drives potential clients away from the market. Scam projects take these money away, that could have been invested on Bitcoin, ethereum or other strong projects to help the market grow. Investors who don't research carefully about any altcoin shilled to them, are victims of altcoin scam projects. Hence, altcoins can be considered important as it yields some funds to cryptocurrency market.

Altcoins have definitely fail to live up to their reason to be, instead of offering an alternative to bitcoin for the public at large, the only thing that altcoins offer is the ability to try to multiply your money, with terrible odds of this happening of course, so when we think about it only a handful of altcoins offer anything other than that while the rest are completely useless and only scare people away from this market as they give it a bad reputation.

Altcoins perform good in short time even shitcoin too raise up temporary by hype! But few altcoins are valid for long time frame. Btc always safe, no dead or scam tension, when altcoins have such problem. Even though people buy altcoins cause altcoins give more income, altcoins have ability to multiple your capital overnight, thats why People take risk and buy memecoin as well as shitcoins. Some are gainer and many of them are looser, at the end of day.

thats true, it's always coming back with the fact that people are always likes to speculate.
the very reason altcoins are really a thing because it has more prospect to hit all time high and hit its peak pricing unlike bitcoin that has been increasing so much since its initial release.
basically its just seeking the same potential to when bitcoin was first introduced.
some people think the risk involved of losing their investment is worth a try, so I guess thats why the market capitalisation of altcoins in general are quite massive.

Yep, people are trying to recapture that magic and obtain the same results the early adopters got when they got their bitcoin, and while such a thing is possible if they happen to invest in the right altcoin we also know this is very unlikely, as the number of altcoins we have on the market is huge and the capital each investor has is limited, so the opportunities they have to try to get those results are incredibly restricted and unfortunately for them they will never get those benefits.

I think in the beginning we need to have alternative right? hence the term altcoin, other coins besides the one and only BTC. But as time goes by, speculators became a thing here in the altcoin market. Devs created a lot of hype and meme coins and shit coins to obviously with one goal in mind, - to attract a lot of people in the market itself.

And I say some of them are very successful about that, like in recent months, $Pepe coin in rising, and then we have the whole BRC-20 token. So yeah, just be careful out there, there are a lot of good coins but majority are very bad investments in the long run.

Being in an altcoin with so many problems as you said doesn't mean they are important. But some people prefer to chase every momentum that happens in the hype of some shitcoin.
In addition, the returns from them can also indeed be very large if you can take advantage of the momentum so that with this many want to be in altcoins with such hopes.
But for some who really want to play it safe, of course, they will not touch this, and I might fall into this category because I still feel the level of risk is much greater and I don't want to try something like this too much now even though I was there before.

If we see the complete picture and not only the investments and risks, altcoins have played a great role in the global adoption level of cryptocurrencies and Bitcoin in particular, a lot of projects have spread so widely and introduced cryptocurrencies and Bitcoin to masses which greatly increased the adoption level, we all know that when someone comes to know about cryptocurrencies, it's not possible for them to not know about Bitcoin since it's the king.

So even if investments in altcoins can have great risks, they are always an important aspect of the cryptocurrency industry because Bitcoin would never be able to gain this much success if it was alone and there were no altcoins at all, it would reach this place someday but altcoins helped boost the adoption.

It was not really important but have to think that the crypto space is boring when we are just talking and focusing on Bitcoin alone. Because of the existence of altcoins, the more it attracts investors and hype the market, and we have the option to take. In fact, not all altcoins are worthless so people are buying them because it was also considered as a good investment aside from Bitcoin. That is why I'd stop thinking that altcoins are nothing because they also contribute something to the crypto space and even make traders and investors become profitable.

People majorly invest in altcoins to make quick profits in shorter period of time. They invest in order to get high profits from small investments. But they forget that with higher profits and returns, high risks and chances of getting scam also comes. I don’t consider altcoins as important but yes it might be important for some other person. Hence at the end of the day it’s completely a person’s choice whether to invest in alts or not.

For me, on the money or greed part, ROI. Because most altcoins are a high chance to get easy money, but they are extremely risky. High risk, high reward.
But if you take a look, altcoins are helping Bitcoin on some of cases like Bitcoin don't have any smart contract and Ethereum & other projects have it and Bitcoin is just making his job which is for payment use.

It's obvious that people or investors in the cryptocurrency market wants quick profits that's why they can easily fall for these fresh tokens erupting in the cryptocurrency market. They think such projects would be like bitcoin that's why they throw in a whooping sum of money such that they'll see an incredible profit when the coin hits $1.

If Altcoin not appears Cryptocurrency is never hype due to Altcoin as the part for promoting Bitcoin to the world.  If you see carefully of chart each altcoin we will know some altcoin have potential to get profit at the altcoin season. Never doubt about future of altcoin they created something on the industry blockchain and many investor to get big profit from altcoin

I think for making profits in crypto market we need important altcoins. Because a investors can make profits from altcoins even lot of trader also. There are many top altcoins in crypto market and lot of investors always buy there so altcoins more important for crypto users.

For these kinds of reasons I actually don't like them and avoid investing in new alternatives. And that's why I prefer bitcoin in my personal opinion to make my investment more safe and secure and to gain better profit. But not all altcoins are scammers or frauds. Atlcoin's top pairs are also not bad for investment. If Bitcoin is profitable for long term investment then these alternative coins work well to gain a good profit in short term. My opinion is that if you have to choose an alternative coin for investment then I would say choose from the top coins like Ethereum, BNB, Litecoin, Polygon etc and tooks these for only short-term.

I mean, aren't you curious enough to know about why some investors are more inclined to invest in altcoins instead of bitcoin? Sure, bitcoin should be prioritized as an investment compared to the other coins that are existing the market because it carries more potential and it is already a reputable coin that is trusted by the public for more than a decade now.
But when we say altcoins, it is an alternative for bitcoin especially for the ones that are just looking for a short-term holding and doesn't have that much funds to invest but it can provide more profits than bitcoin but it carries more risks compared to the bitcoin.

It is undeniable that there are so many altcoins projects that are scams, rugpull, death projects, shitcoins and so on that make the crypto world sometimes look down on. But basically, there are also several functions of altcoins, it's just that what needs to be underlined is which altcoins and what they are like. because it is undeniable that we often encounter shit coins that are really hype, making someone suddenly rich or even suddenly poor. And when it comes to choice and how we handle it, we have to be more vigilant and smart in choosing important and suitable altcoins.

Altcoins or alternative cryptocurrencies have become important for various reasons.

First they expanded their cryptocurrency holdings outside of Bitcoin to create opportunities for investors and users.
Second alt coins contribute to the overall innovation and advancement of the blockchain and cryptocurrency space.

Altcoins can promote decentralization by offering an alternative to authoritative cryptocurrencies. Altcoins increase overall liquidity and trading volume in the cryptocurrency market.

At CMC you can see a lot of altcoins and that is proof that every time there are new altcoins that come up with new concepts and innovations. So why are altcoins important? because altcoins are proof that crypto has grown and gotten more popular over time. there are many altcoins with high utility and you can use them as an investment vehicle besides bitcoin.

I never considered "boring" as a reason for it to exist but you could be very correct. I mean my main reason was different, but altcoins does make crypto world more entertaining and that is why I believe that it would be quite entertaining to think about that.

The best thing to do in this case would be making sure that we are at a stage where it is going to be quite great to have some fun with them at least . I am not saying that we could end up with a good result right away, but at least we could give it a try for it as well. I hope that the best thing to do in this case would be making a profit the way we should, and that would be looking into alts and maybe we will lose it but it is like gambling so we are having more fun that way.

Basically altcoins market as like important everyone maybe because trade, buy, sell. Do you know crypto market growth now for the altcoins market. There has lot of proof history where many people are now billioner from investing in altcoins. If i want earn money from crypto then definitely i would invest in altcoins but looking some opportunity.

And another important point is that there are projects on the development of which the community can influence the same bitcoin, a group of people cannot influence it. Any altcoin is a kind of startup with various functions, which attracts various investors. Of course, in recent years there have been a lot of dubious projects, but the crisis in the market quickly cleans them up.

The only importace of Altcoin that I’m seeing right now is the use of Blockchain in different industry for a bettr mass adoption since Bitcoin blockchain has a very limited scope and can't handle huge volume of transaction.

Altcoins help Bitcoin on it's scalability issue by sharing the volume of transaction spread on different Blockchain which will flood the Bitcoin network if it's all sent on Bitcoin Blockchain. Although altcoin split the market of Bitcoin, It still helps it to spread crypto in general to increase the user of crypto.

Altcoin important if the altcoin bring something new like litecoin ( faster transactions ), dash ( anonymous ), or ethereum ( smart contract ). If it does not add any new feature or if the feature can be easily added to bitcoin network it means the altcoin is useless.

Beyond this there is difference between a single asset and multiple choice in the market. Just think of bitcoin, it'll continue to move on its path. The existence of altcoins give the bitcoin high competence. There are altcoins that give better profitability against the profit generated out of bitcoin. It is all about the competence and the trust factor that requires the altcoins.

As stated different cryptocurrency have got varied features. Users who have got specific need can choose that one that suits their needs. Different altcoins in the market also kind of choice available for investment.

Altcoins, or alternative cryptocurrencies, play a significant role in the cryptocurrency ecosystem for several reasons:

Diversification: Altcoins provide investors with a broader range of investment options and diversification opportunities. By investing in different altcoins, investors can spread their risk across multiple assets, reducing their exposure to any single cryptocurrency.

Technological Innovation: Altcoins often introduce innovative technologies, features, or improvements to existing blockchain systems. These innovations can drive progress in the cryptocurrency space, fostering competition and encouraging the development of new solutions.

Specialized Use Cases: Some altcoins are designed to serve specific use cases or industries. For example, certain altcoins focus on privacy and anonymity, while others target decentralized finance (DeFi), supply chain management, or gaming. These specialized altcoins cater to niche requirements and offer unique functionalities.

Community and Participation: Altcoins have dedicated communities built around them. These communities often contribute to the development, promotion, and adoption of their respective altcoins. Active community participation can help fuel growth and increase the network effect of a particular altcoin.

Investment Opportunities: Altcoins can present investment opportunities for individuals who missed out on the early stages of more established cryptocurrencies like Bitcoin and Ethereum. Some altcoins have shown significant price appreciation, allowing investors to potentially generate substantial returns.

Experimentation and Learning: Altcoins provide a platform for developers and enthusiasts to experiment with new ideas, test concepts, and gain practical knowledge about blockchain technology. This experimentation contributes to the overall evolution and advancement of the cryptocurrency ecosystem.

While altcoins offer exciting possibilities, it's important to note that they also carry higher risks compared to more established cryptocurrencies. Due diligence, thorough research, and understanding the fundamentals of each altcoin are crucial when considering investments in this space.

the more choices of altcoins will have a positive impact on the development of cryptocurrency, where each project will try to present their project developments well, with the various themes they raise, and of course have strategic products to facilitate human movement. However, this seems to be used for projects that are not responsible for the many frauds that occur. on the other hand there will be many speculators who get rich suddenly when they find the right project to invest in, and that in my opinion is the main attraction

What attracts people to altcoins is their generosity when it comes to spending their time in exchange for tokens or investing $100 and getting $10,000 in profit. In this respect, altcoins are much better than bitcoin and that's why they attract a huge number of users. In cryptocurrency people, in the main, come for earnings. It is quite difficult to make money with bitcoin, it is slow and expensive in terms of growth potential. Altcoins are more flexible in this respect and are more suitable for all kinds of speculation and quick enrichment.

We have close opinions about altcoins. However, I would like to add that altcoins provide fast and cheap money transfer. Of course, I agree with your idea of buy dip and sold faster, but I also think that there are some altcoins that I can invest in for a long time. For example, Ethereum is one of them. For a while, BNB was one of them, but recent events have made me more careful about BNB.

Investing in alt-coins is like a game, know went to enter and buy and have a specific target to sell stage one, to take you're initial capital is very important in alt-coins investment, while set another sell of profits target, which have no fear of lost, but rather secure the capital that is very important, in other words alt-coins normally pump unbelievable and also dump if time not taken.

Altcoins are necessary to help test the Blockchain's true limitations. Without them, Bitcoin would exceed far beyond its transaction capacity. Not to mention, it will become centralized as developers will push for "unlimited scaling". The more altcoins there are, the better for Bitcoin and the industry as a whole. While most altcoins come and go, some of them will remain on the scene as they provide real use cases to the world.

People will ultimately choose altcoins that will give them the most returns in a short amount of time. It's all about money, after all. Just diversify your investment between BTC and alts, and you should have nothing to worry about. Who knows which altcoins will survive in the future? ;D

I understand that the altcoin market is risky, deceptive and not safe. But there are also many people who have successfully invested in this market and made huge profits. In my opinion, investing in alternative currencies can be very profitable. However, achieving this goal requires you to apply investment expertise, conduct careful research and adopt a conscious perspective. I also recommend investing in long-term alternative currencies rather than focusing on short-term gains. This can help you assess the potential of an alternative currency by considering the development team and seeing if it is a market fit.

People are buying because there see an opportunity in altcoins to earn a profit. But unfortunately, it wasn't all of them are worth investing and you are right, scam projects are flooded in the market, and only a few of them have the potential. And this is a challenge to many investors, especially for newcomers as they usually fall into wrong/scam projects.

And to the question about importance? Altcoins are part of the crypto journey and this also helps to spread awareness and market development. Sadly, this is also the reason why many people had lose their money due to scams and useless projects.

Altcoins are the best source to earn huge profits because when a new altcoin launches, it usually pumped over 100%, with few exceptions. You can earn a profit in a limited time frame. Furthermore, the technology they are using and the innovation they are providing to the market is top-notch. Some are very good projects in terms of technology, for example, ETH, SOLANA, DOGE, XRP, etc.

Altcoins being used mostly for speculation purpose. The fact that if altcoin is also having another usefulness like give native coin user a cheap way to send their money. I remind you how expensive the bitcoin and ethereum transactions are. That's why altcoin gives alternative way for people to send or receive their money with lesser fees compared used native blockchain like bitcoin or ethereum.

I am not sure about what to do with this, it is not going to end up being anything good at all. I feel like we should not be considering the situation that bad. The truth is that we won't be seeing the alts go up a ton without bitcoin so it is all about having bitcoin increasing at first and there are tons of shorts and getting bigger nowadays.

Of course the price could go up a lot and break all those shorts to make some good return as well, but there is no guarantee on that at all, we can't really expect it to change anytime soon. We need to make sure that it is not like that between whales, we can't have a fight between shorts and longs because in the end if we are wrong then they will fight one way or another while hurting us.

In my opinion, Altcoins are important because they provide opportunities for potential profits and offer innovative technologies to the market. While the market situation may seem uncertain, it's crucial to consider the role of altcoins alongside Bitcoin. Bitcoin's performance often influences the overall market, and altcoins can experience significant gains when Bitcoin rises. However, it's important to note that the market is unpredictable, and there are risks involved. Balancing long and short positions is essential, and understanding market dynamics is crucial for making informed investment decisions. Stay updated and be mindful of the interactions between different players in the market

Not all project may have good production sector and almost most of the new project are scams. Moreover, new projects are very risky at this time because meme coins are now available for new projects. You should have an awareness of where and why you are investing. Also how you will get profit from those projects.

You nailed it, it's always a must in knowing the reason why you are investing with the project as we all know that meme projects
are circulating around and most of the time it's being hyped.

You need to be very careful in finding and sorting the project that you are planning to use for the sake of your investment. There are many
available project that you can review.

Always take time to find the best reason on why you will risk your money and how the developing team will earn that
trust for you to wait for a potential good outcome.

Greed.  People look at altcoins as a way to "get in early".  Mostly people who missed the beginning of bitcoin and thinking lightning will strike twice.  A small fraction of people who put theor money into altcoins actually believe in the project.  It's pretty simple, gambling and greed fuel the alt market.

Altcoins become important as a new development breakthrough for cryptocurrencies. Currently there are altcoins that can be an "alternative" to Bitcoin and have good features such as ADA, BNB, CRO or MATIC. There are many things that can be implemented from ALtcoins.
And on the other hand, sometimes people collect altcoins to get wealth faster and more because we already know that apart from Bitcoin there are many good altcoins that can be many times their initial price.

It's all about individual preferences and choices of investment. Some people are so skilled about altcoin investment such that they know when to enter the market and when to exit. While some do not even understand how the altcoin market works and when to enter or exit the market.

I am not skilled about altcoin investment but I wish to have little experience to do some kind of portfolio diversification. All I do is bitcoin long term investment and it gives me peace of mind because I wouldn't need to be checking bitcoin everytime nor do I need to close monitor my portfolio.

It was a good decision to diversify the portfolio and let us not just focus on one coin,
everyone certainly has their own preference and it can not be separated from the experience that has been passed,
for long term investment the safe choice is definitely on the top coins.

There is no doubt that Bitcoin is the king of all crypto currency markets. Most of the people who have good capital invest in Bitcoin, and for the long term it is a good investment. I think investment in altcoin is a good option for people who have less capital. Where with less investment they can earn a good profit. According to my opinion those who have more capital should invest in small coins along with Bitcoin, because this way you can increase your profit rate. There are many good projects in the market right now where you can choose good coins after research. So altcoins should not be ignored. There are many coins that have the potential to give a good profit in the future.

I do not think that it would be common to make that type of profit, and it is rare for anyone to get that type of return as well. Not only we have very few tokens that go up like that, we also have very few people that get in at the bottom and get out at the top like that as well.

So all in all the reason is not that because people make that type of profit differently, and it is not going to be easy neither, we are not going to end up with a terrible situation, it's going to end up a bit different. Of course this is going to end up with a bit of trouble but at the end of the day you could still do that and I believe that's what people like in this situation, they like that there is a potential of making that kind of return.

There are so much scams and different kinds of fraud among altcoins. The most important is to check everything befor investing to evaluate the future potential of the coin. Not all the coins will be able to surve. That is why it is important to check how useful this altcoin is to evaluate its future potential and its demand in the future.

I agree with you that a very small percentage of investors can make a profit of $10,000 with a deposit of only $100. But it is worth considering that it is impossible to get such profit in bitcoin, unless you are engaged in trading or margin trading. You can get such profit in altcoin sector by participating in various activities, such as retrodrops or testnet. The chance is minimal, but it is there.

They're all experimental grounds meant to test the Blockchain's capabilities/limitations. Without them, BTC would've been full of issues by now. I know BTC maximalists prefer to have only one Blockchain, but this simply can't be done. Especially when you need to meet the demands of everyday users. If you scale BTC to the masses, it would become extremely-centralized.

That's where altcoins come in. They're cheap, fast, and full of new and untested features. Most people don't care about the tech, as they're only focused on the profits. While altcoins bring huge profit opportunities, they can also go all the way down the drain in an instant. With BTC, there's less risk involved. Crypto is just getting started, so expect to see more altcoins emerge in the future. Just my thoughts ;D

Having a much lesser capital is actually not a problem as everything have a start, the important thing is that you made a research before investing to your preferred coin because in this way, even if the profits is not guaranteed, your risks are minimized as you have studied it well and choose the right coin which will give you the profits that you wanted while only engaging in a much lesser risks. But if you're that someone who is looking for a short term investment or do have a small capital, I agree that altcoin section will be more suited for you.

You can also invest in an NFT project, which can also be profitable. But the named lucky ones in trade are 0.5-1% of all crypto traders. The rest will not be able to trade such an amount for several tens of thousands of trading operations.

NFT to much risky and many people lost money investing in NFTs and it is hard to say if they will be able to restore their loses. I thin that it is better to invest in Ethereum to have less risk. Now it is a good time for investment and many people are waiting for the rise of the market and Ethereum will rise too.

All the altcoins you mentioned can't be an alternative to Bitcoin, BNB is a nice coin to invest into but not as an alternate to bitcoin instead you should invest in it because it has big potential as it just had a recent burn of circulating supply which will help the token to increase to new prices when the bull market starts officially, BNB is one of the good altcoins to invest into.
BNB is controlled by Binance exchange and although they said their blockchain is decentralized but we all know that's a lie because if there was to be an attack on a project on their blockchain. They'll do everything possible to prevent the hackers from been successful and that might include halting the blockchain. And only centralized blockchain can be paused because they're been controlled so don't think BNB is fully decentralized.
Altcoins create wealth but they also destroy wealth when you invest in the wrong projects or you made investment in scams that you didn't realized were scam as of when you were investing. We have many scams as scammers know investors are looking for quick ways to make money and deceiving them to think they have found solution can make them much profits through scams.

Altcoins are a good example of how easily you can fool an investor when presented with a bitcoin-like concept that is a complete vaporware in reality. We dont see much of the newly launched altcoins make any headlines after a couple of years - if you look deeply in the net you will find that they have been on a ghosting mode or making up shit excuses and delaying stuff, in reality they have gone bankrupt and have abandoned the project.

What matters is the lesson learnt from them. Give at least two years to any altcoin project before making your move on it - remember that your money is hard earned.

By far the most scammed is ALT Coin. Still people are more interested in investing in these coins. While ALT coins are scams, there are some coins that are exceptions. I can only trust BNB for investment, I don't trust the rest of the coins that are out there. If there is any coin worth investing in for the long term after Bitcoin, it is BNB. Other coins are also good for investment but they are for short term for trading we can use ALT coins but for long term investment I will never choose other ALT coins.

I think scammed in altcoins can't be ignored but it doesn't mean that all altcoins are based on scame. There are still good and strong potential coins in the market that can give investors a good return in the upcoming bull season. If we talk about the last bull season, in that too altcoins gave people a huge profit. There for the importance of altcoin can never be ignored.

Your recommended BNB is a good coin which is currently the token of the biggest exchange. I think one should never depend on any one token and never make all of one's investment in an exchange's token, because the exchange token is entirely dependent on the exchange, if the exchange has a problem, its value will automatically decrease. The example of FTX exchange is in front of us due to which its token FTT has caused huge loss of people.

The NFT market is dead, investing in NFT is useless as tokens take turns at breakneck speed and depreciates very quickly.


This is not correct data. There are actually about 5% of successful traders in the market. Most likely, among crypto traders who trade NFT crap, there are really only 0.5% successful ones.

Ethereum was once a waporware cryptocurrency, until it faced heavy pressure from investors. Most altcoin projects tend to launch their own token or cryptocurrency without having deployed their own Blockchain network first. TRON started this way, as well as, EOS. They now have their own independent blockchain networks competing against top industry players. Altcoins like Holochain (HOT) and Maidsafecoin (MAID), remained waporware to this date. Investors who bought such coins were scammed big time.

As to the question of why altcoins are important, it's simple. They are needed to help test the Blockchain's true limitations and/or capabilities. Without altcoins, Bitcoin would become a complete disaster. After all, you can't scale a single Blockchain network for millions of people worldwide. Altcoins bring new features to the table, while relieving the main BTC blockchain from high transaction load. Who knows how big will the altcoins market grow in the future? Just my opinion :)

He meant about altcoin and binance coin was also altcoin too. There's no different between binance coin and altcoin. I guess if you didn't get what OP meant above. you shall never investing in binance coin if you are not even trusting it.

It sounds really weird for me to see you said that above. BNB is altcoin.

And he also forgets that Ethereum is an altcoin too.
Anyways, it was acceptable that there are tons of shitcoins in the crypto market but to extend that we can't generalize them all as useless because some of them had a role to play like ETH and even Solana. We can't argue if someone would invest or not but the most important is that we are not investing worthless altcoins, especially those coins that are driven by hype to gain popularity and fame. We can't be careless in the sense that crypto space flooded with scam projects, yet there still some that are worth to trust.

As you already said, altcoins can scam, death, tuun into shitcoin and so on. I agreed that most of altcoins fail to survive for long term But not all atcoins are bad! If you have high expectations, and buy shitcoin for more roi, then thats Your falut. If you invest valid potential altcoins, then theres very less possibility that those Will be scam, dead or shitcoin. Low your expectations and invest with potential coin. If you Don't know how to find out then you can invest with top 20 crypto-currencies. Although you need to notice that, avoid memecoin, and shitcoin like tron. Otherwise all seems okey

It is true that there is a high risk on investing to altcoins. Because day by day the scam shits amount are also increasing in this case I think most of the investor seeking for bitcoin for a secure investment. But altcoins are also necessary because you can diverse your investment by this and by your skill you can able to also gain  good profit from this. Also there to reduce transsaction cost alternative coin can be good option.

Well I think with how global economy is now it may take a few months but eventually the crypto market correction will start. I will remain highly weighted in BTC but I will definitely picking up some ETH, LTC, and XRP as well.

I’ve been keeping my eye on these altcoins for a while now. I believe many alt coins will start pumping soon but I think it will happen once BTC starts pumping again. The only challenge is I don’t have that much fiat lying around but this is a great time to get in cheap.

Yeah, better to take time in doing your research before you ride with the project that you will going to support.
I think it's a personal decision making after you do your DYOR.

There are alt projects that still have that potential, though we can agree that the majority of the project inside are just
created to make a pump and dump and then die, eventually.

That are the kinds of projects that you needed to avoid, whatever coin/s to pick for your investment, just do your diligence
to DYOR and trust your understanding.

Well, I do agree with your point that someone who becomes greedy for more profits and invests in meme coins or coins that are just launched and don't even have any potential or actual use case tends to lose more money because such coins and tokens are never guaranteed to provide their investors with profits. We've seen a lot of projects getting millions of dollars in investments but at the end of the day, they failed to provide anything to their investors.

So the best way is to simply choose altcoins that are trusted and have been around for quite some time just like Ethereum, Litecoin, Monero, and many others that we know have got the potential to perform well when we enter the bull run and we can get good profits if not huge from these investments.

I don't know what kind of storm will happen to the economy, many people are discussing about the storm so that the crypto currency market will have another correction after what happened before. Can you tell me about it.?

Bitcoin is always the first choice at the investment level, ETH is the second alternative which is the best choice for now, speaking of XRP I heard that the SEC will appeal about the XRP case, because they feel something is wrong with the results of the XRP victory trial, maybe yes or maybe no XRP might have a correction back (Hawey might have made a mistake).

It's a good sign when XRP won yesterday, a lot of altcoins were bullish at that moment because the hype was so widespread that it made crypto itself more famous, and this I think is one of why altcoins are important.

You're right, not all altcoins are scams. One platform I've been using for crypto earning is XGo. Their wealth growth features and earning rewards are a great way to make the most of the altcoin market. Always good to be cautious, but XGo offers a reliable option.

How big you can make money from the market totally depends on your timing. The early buyer will always be winners in this case. There are so many people were always putting their money too late and in result they are getting huge losses.
People shall understand that if investing is not as easy as they imagine. It requires you to take a fast decision as soon as possible before the train will leave you. It's not all of investors will be getting profit from their investments. The fact that if mostly of them gonna lose due to the volatility.

Altcoins are very important as tool to generate profits from the market in short time. Many people were relying on the volatility in altcoins caused by its even volatile compared to major coins like bitcoin and ethereum.

All altcoins can become a scam at any time, even those with strong infrastructure, utility, a powerful community, a large fund and a real product. Even ETH can turn into a scam under certain circumstances.


I agree with that, but whatever your approach is, strategic or not, your investments will still be in a higher risk zone. Just don't forget that all LUNA investors were overboard and lost their money. Everyone from hamsters to institutional investors.

I totally agree with your opinion. Altcoin is best for investment because altcoin is best for big profit. Bitcoin price movement is very slow but Altcoin"s price movement very first. I think if any person invest on Altcoin he will be profited today or tomorrow. For more profit we have to buy altcoin in deep and we have to sell in high price my altcoin. So i think we shouldn’t depend only Bitcoin also need invest on altcoin. If we invest also on altcoins i think Some of them will increase and i will able to reduce risk and i will withdraw money if need instant. So i thonk Altcoin also important.

it's really hard to get profits now when when we buy alt.  I think buying cheap and selling quickly without having to wait for high prices is a good choice than us losing

Basically recession, the global world has printed way too much money, which resulted with high inflation due to printing of money, and because we can't have high inflation forever, we increased interest rates, when we increased the rates that dropped the inflation but also prices of assets as well like stocks and gold and bitcoin.

When rich people prefer to put their money in the bank to a high interest rate, that means it is going to be hard for us to find jobs, we are so used to those rich people paying for stuff, like our salaries and improved world, that when they do not spend it and just keep it in a bank, that stagnates the economy. This results with high unemployment all around the world,  and less shopping meaning less profit. That's the crisis we are heading into.

Basically, talking about altcoin important or not depend with how much fund we have when trading in cryptocurrency, difficult to earn much profit for trading in Bitcoin with small fund but different thing if low budget and use for investing in altcoin because price up and down drastically. I think as small fund for trading that reason why altcoins is most important part in cryptocurrency. For bigger fund there are not spent their investing with altcoin because know bigger risk when price dropping almost difficult back to higher price, but for low fund its interested when price drop buy back at altcoin and earn more profitable than bitcoin investment.

Altcoin is the best investment with high return although has high risk, but we must smart when choosing which one profitable altcoin for trading or investing as short or long term.

The Fed has done that to reduce the circulation of money which resulted in inflation in a few months this year aggressively so as to suck up the circulation of money in the community, as well as other countries doing the same thing this year danced the money they have distributed to handle covid and support The need for that time, is it possible for a recession storm, I don't think it will happen if its position has improved like now.
At the weekend last month, the Fed also raised flowers, so I thought the recession was not the time of today.

But in the case of rich people who prefer to save their money in a bank, it might have an impact on the economy that makes it a recession, but I think the increase will not be long after all of them are stable, I understand very well why the economy will become stagnant, because work productivity is very little at Because there is no money to pay to pay for people to work, because they prefer to invest in comparison to play money in the real business world.

The probability of recession may be seen if this continues to happen, and makes the Crypto Currency market be exposed to its stages because people divert their money to their cash funds from the Crypto market to cover their needs.
I think that it is very important that there is one Crypto coin carrying new millionaires so that bank investors glance more at Crypto rather than storing it in the bank, Altcoin may be easier to move in this case so that it makes it important.

Even you don't like it,there are still a lot of community are willing to take risk to use their investment capital for it. Because whether we admit it or not there are many of the community here became rich because of altcoins, just like what happened before to Doge, Shib, and the latest one was Pepe coin.

And others got huge profit coming from the airdrops just like what happened to arbitrum,, and uniswap, you see the my point?

ETH is turning centralized, so yes, there's a high probability it will become a scam in the future. I'd say there's no altcoin you can trust these days due to their extremely-unpredictable nature. If there's only one coin I'd trust, that would be Bitcoin. It's the original cryptocurrency that started it all with a proven track record of development and innovation. With decentralization at its focus, I believe BTC will last for generations.

If you're still considering getting into altcoins, I'd suggest you diversify your investment as much as possible. This will allow you to minimize risks of loss if something unexpected happens in the long run. I usually aim for coins with active development and innovation and some old ones with an established presence in the crypto/Blockchain space (eg: Litecoin, Dogecoin). Play your cards right, and who knows? Maybe you'll get lucky and strike it rich in the future. As long as you don't investment more than what you can't afford to lose, there should be nothing to worry about. Just my opinion :)

Altcoins are extremely important, they're part of why the crypto currency market is still up and moving. Personally, I'm more inclined to investing in altcoins. Interestingly, with the launch of $SEI mainnet coming up, there'll be a lot of altcoins to choose from. Good thing is, upon the token's launch, you can deposit some of it on Bitget to earn from an over 10K prize pool.

Calling it a “scam” based on these advancements? Thats a hasty and uninformed judgment.

You glorify Bitcoin - and yes, its decentralized and has paved the way. But let's not forget that Bitcoin too has its flaws, primarily in scalability and energy consumption. And while Bitcoin has a storied history, dont get too trapped in nostalgia.

About altcoins: lumping them all as "extremely unpredictable" is a lazy perspective. Like any investment market, there are gems and duds. It's about doing rigorous research. And really? Dogecoin? A meme coin with unlimited supply and minimal development as your "established" example?

in my view Altcoins can influence the broader market dynamics of cryptocurrencies. Changes in the value, popularity, or technology of altcoins can impact market sentiment and even affect Bitcoin's price. Additionally, altcoins provide alternative trading opportunities for cryptocurrency traders.

I'm sure altcoins will have no effect on the bitcoin price. For me, altcoins are like a kind of testing ground for experiments. Each new altcoin created brings positive changes.

I don't see ETH becoming a scam due to increased centralization, rather it will become more controlled and subject to regulators. This would result in the end user having their coins censored and blocked at any time for political or other reasons. This is definitely not good for cryptocurrencies in terms of their fundamental properties. For speculators and traders it will not turn into anything, they don't care what they trade with, no matter if it is centralized or decentralized coin. The main thing is to have volatility.

Should ordinary users be afraid of blocked coins?  Will the developers bother to search for people who have, say, 0.5 ether coins? Is there some reasonable value between the search costs and the amount of coins on the wallet?

All altcoins are a big risk. Even bitcoin is a risky investment. If you buy it at the wrong time, for example before a bear market starts, you will have to wait for years to get your investment back. And it is not certain that you will be able to do it. You will also spend a lot of nerves knowing that your deposit is negative. But if you guessed the right time to buy, it can bring you a good profit.

I agree with your opinion which is to buy cheap and sell it quickly when it feels profitable.  however this only applies to new coins mate.  but if you invest in the top 5 coins, long-term investment will be very profitable

In the past 5-7 years, I have encountered various types of market movements and have had quite a few unpleasant experiences. My perspective is that one should focus on trading the coins with a good trading volume and always maintain control over greed. Setting excessively ambitious targets should be avoided. It's better to set achievable targets that reduce your risk factor and increase the chances of profit, and if we hold onto coins for a longer period, especially during a bear market, it can be advantageous. Bear markets offer more opportunities compared to bull markets. In conclusion, it's advisable not to engage in extensive long-term planning. Instead, a short-term approach to buying and selling should be adopted. For the long term, Bitcoin and Ethereum are suitable, while other coins are better suited for short-term goals. Altcoins become significant because they are more affordable than BTC and tend to have higher returns on investment in the short term, although they come with increased risk. Nevertheless, many people rely on Altcoins for trading, aligning with their financial capacity.

Usually it was the Bitcoin who can affect the altcoin the most, not the other way around. Before a new altcoin is released, developers needs to test it first or they can do an experiment but after it, they can deploy the project in its final state. Bitcoin is already a finished product so they can't experiment on it anymore but I heard that some experts are experimenting something which can then be used in Bitcoin to make Bitcoin more functional.

It sounds interesting and if it's a success, it could surely attract more people in Bitcoin. Not all new altcoins are useful but many of them are only a scam. They only bring negative changes in the market.

In cryptocurrency, you need to take into account all the risks and be prepared for certain consequences. Let's be honest, many people, when faced with some stories of blocking and scams, think that this will definitely not happen to them and they will be smarter and more cunning in such situations. Can this behavior be considered self-deception or complacency, when you can't know for sure whose coins might be blocked next time? It is impossible to be 100% prepared for this, as we don't know the whole methodology of blocking, but you should always be ready for it. These are cryptocurrencies, anything can happen here and to anyone.

Cryptocurrency market is a something that has to set target to sell, while holding on the alt-coins, because every entry point of buying is important for profit returns investment or trading, so have to set up a good strategy and is important in alt-coins.

Market development had to keep going, many experiments had come on and so many new projects have been born as well. But it was not the thing we need here in the crypto space in order to become known and functional because what we need is a project that will help to improve and very helpful to the community, not these projects that only will ruin the crypto market.
What I mean is that we only need a few coins that represent crypto. We have plenty of it now and we don't need more but developers still making more and it become a scam. We're not making good but instead, we are getting worse.

I don't really understand about "blocked coins" you mean here. But if an altcoins looks too risky and have weak fundamentals, kindly avoid to invest in them. There are too many altcoins, why we must risk our money too unconvincing altcoins. You must be aware that most people only suggest to invest in top altcoins only (those altcoins with strong fundamentals and have high market caps). Ethereum is one of the altcoins with a strong fundamentals and it has the highest market caps on an altcoin.

Anyway, what do you mean by "search costs"?  ???

Those coins that are created other than Bitcoins, they are called as altcoins. So, we can imagine ourselves how many altcoins existed so far.

Since altcoins are more volatile than Bitcoin, surely altcoins are riskier. But its higher volatility makes them to have a potential of bigger profits. It is actually the reason why people wants to invest in altcoins.

So many mainstream medias recommending altcoins because they offer 5x profit from your initial investments and solely they are looking forward to invest in altcoins just for the profit and money.
So does with the developers as well, they also want money so you can see most of the new altcoins out there are just similar and they bring nothing new to the crypto world and after that it's their time to scam you and run away.

It's easier to said than done, yet so many people struggles to find the "best" price to invest until today.

Although many altcoins end up as scams or scams. But altcoins have always had their own charm to attract investors. Because even though altcoins are indeed centralized and the liquidity of the altcoins purchased can be taken by the creators of the coins. But as far as I know, there are also many investors who have big profits from trading altcoins. Because altcoins sometimes experience market price increases of more than 100%, or commonly called pumping. So that's why there are always many investors in crypto who want to buy and trade or invest in altcoins.
Yes, I agree with your opinion OP. I personally also sometimes do techniques like that. Because the technique you suggest is a technique that is commonly used by crypto traders, when trading in the short term. But besides the techniques you mentioned, to be safer when investing or trading in altcoins, it's better to buy altcoins that have a top 10 or 15 rating. Because in terms of quality, in terms of trust and in terms of security it will definitely be better. And besides that, if you buy altcoins that are ranked below the top 15, even if we want to do hodl, it will be safer. But even so, all of that cannot guarantee absolutely certain security, because as we know altcoins are centralized. So basically, if you want to start investing or trading in crypto, never be careless and have to learn all the knowledge first. In order to minimize losses that might befall.

I think, to maximize profits in the crypto market, it is crucial to prioritize investing in important altcoins. Not only can investors benefit from altcoins, but many traders have also experienced significant gains through them. With numerous top altcoins available in the market, it becomes evident that altcoins hold great significance for crypto users.

People invest in altcoins and memtocoins with the sole purpose of making significant profits in a short time. However, there are significant risks of losing all investments in these cases. I personally do not favour such high-risk investments, so instead, I only keep assets that have been tried and tested in my wallet.

In my view, altcoins hold significance as some, like Ethereum, have achieved success. Those who believed in and held onto them from the beginning were fortunate. This might be the aspect that other investors are pursuing – not just immediate gains, but a sincere belief that the altcoins they've invested in will ultimately prosper, akin to Ethereum and other leading altcoins.

Some of the altcoins are so prospective. But not all of them. Many altcoins become scams and do not have any practical use at all.

Well, I buy altcoins only for short-terms. Purchase when its bear market, sell when it's bull market. I think it's the best formula

On the contrary, I feel altcoins may have hindered the growth of Bitcoin. The only thing that altcoins have added to the growth of Bitcoin is popularity. A lot of these altcoins invest a lot in marketing and in that people become aware of crypto.
But then look at the disadvantages, these people are attracted to these altcoins and they most likely lose their money and what they do next is write off crypto as a scam.
The people out there that are attacking crypto as a scam today are doing so because of altcoins.
If Bitcoin was the only cryptocurrency, it would have gained a lot of trust and the crypto community would have grown way more than this.

Let's not even talk about how superior Bitcoin is to every other coin when it comes to privacy and decentralization.
Altcoins can make you rich overnight (that's if you're lucky enough and early enough) but in the long run it's not worth the risk.

Before new features are added to the Bitcoin blockchain, developers test them on altcoins. These coins are usually cheaper than BTC, making them a great way to test the Blockchain's true capabilities without "breaking the bank". If we didn't have altcoins, then Bitcoin would've been flooded with too many transactions from people around the world. Not to mention, it wouldve been difficult to test out new features without breaking the main chain. The more altcoins there are, the better for Bitcoin.

I wouldn't say Bitcoin is "a finished product", as there's always room for improvement. The code is open source, anyways. Developers will keep working on BTC to make it the best money in the world. Who knows if some altcoins become adopted by mainstream governments just like Bitcoin? Just my opinion :)

In my opinion, those who create projects now fall into two groups. The first group are those who aim for quality and anticipate the future. On the other hand, the second group is simply after making quick profits and hiding away. Therefore, it seems that the second group is more common.

Innovative altcoins will be potential stars, while altcoins that are simply copied and pasted mean nothing!
When a coin introduces a completely new technology that fulfils a different function and is sustainable in the long term, then that coin has the potential to be a worthwhile investment!

There are also altcoins with unclear purposes and benefits, or even those used purely for speculation. This can pose a high risk, as the value of such altcoins can be extremely volatile and influenced by market trends and sentiment. it's important to conduct in-depth research before investing or participating in an altcoin project. Understanding the underlying technology, the development team, real-world use cases, and market trends are key to avoiding potential scams and financial losses. While some altcoins have genuine value and benefits, exercising caution and considering investments wisely remains crucial.

A lot depends on what technology and product offer the altcoin. There are so many different altcoins that do not have any useful technology or product. If altcoin does not have any practical use it will not be used in the future.

That's correct, yet numerous individuals develop goods for immediate financial gain. What's amusing is that several folks purchase such altcoins with the expectation of obtaining plentiful X's in a brief period. Unfortunately, its producers alone reap the benefits of it.

Altcoins are generally defined as all cryptocurrencies other than Bitcoin (BTC). And some people consider this altcoin very important or all. And in the future these Altcoins will move towards the goal. And innovations like privacy-enhancing technology will shape the future of altcoins

Investing in Altcoins can be very profitable, but it all depends on the project having good potential for the future, doing some research first is the first step before investing in it.
Some people really like investing in Altcoins, some even really hate it, but Altcoins certainly have an important role on various exchanges, Altcoins will be worthless if they cannot be converted to Bitcoin, and crypto currency will not be in great demand if it only provides one type of coin

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All investments has risk, altcoins has high chance of sending one to hell, that's the difference I think but despite that, without Altcoins the market will never favour the poor no matter how they want to put, Bitcoin will remain only for the poor. Even with that, we can't depend only a single technology due to their limiations and transactions, it's an open market and open investment, nobody is limited with the type of coin they can buy, free decentralization and free open space to accomodate everyone.

In every bad coins or altcoins, there are pretty good ones their as well, look at ETH, BNB, ADA, these coins has perform very well that some persons has made good amount of money, even if you tell them to buy with bitcoin with the profit they have, they will prefer altcoins anyday.

Not all altcoins are good for the market. More importantly, not all of them will deliver. A lot of projects are created out of nothing, so they disappear quickly. As far as privacy is concerned, it is good for us, but the regulator does not welcome such projects.

I agree with you that not all altcoins are necessary and good for market. About 80% of all cryptocurrency projects becomes scam in the result and their tokens costs nothing.

While investing in altcoins can be risky due to scams and market volatility, some individuals choose to capitalize on short-term price movements by buying low and selling high. This approach can yield profits but also carries substantial risk. It's important to conduct thorough research, manage risks, and align your strategy with your risk tolerance and financial goals.

It is unfortunate that developers frequently launch projects that cannot thrive over the years or offer something innovative to users. Conversely, this is a digital currency that operates without regulation, enabling anyone to generate their own token.

We have the Altcoins seasons, where these coins hits their All time high price, we just need to have good entries in the market. This is why it is quite near impossible to have a bitcoin without having alts as well. Those things improve the blockchain world and what can be done with it and you need to accept that we need some of them otherwise it's just not going to work. I know that people are not excited about it as much as they could be, but we need to accept the terrible ones along with the good ones in order to continue.

Besides diversification I think altcoins are there for competition and innovation.

People are trusting Bitcoin and some altcoins as well; otherwise, the trading is only around Bitcoin. But people are investing in Bitcoin, and investors begin to take profits from this and rotate those profits into altcoins, and vice versa. So whenever profits are striking, people start to invest.
Are you looking to invest in altcoin? If so, here are five important rules to which you should pay attention: Consider paying attention to the circulating supply, social media presence, and hype within the investor community and the exchanges where it is listed. These factors can greatly influence the potential of an altcoin. Keep these rules in mind to make informed investment decisions and increase your chance of success.

Altcoins are like spicy food – fun but can burn! Dip buying, quick selling, that's my mantra. Skill? Staying alert. Opinion? It's a jungle out there!

Altcoins are coins that can give an investor quick profits. But I will always sagest very old coins because the devalopar of those projects is very strong and trustworthy. You can make good profit in short trade.

I never trust new projects because they only encourage people who are greedy for profit to invest. And as soon as their mission is complete, they cheat and leave. So I think you should be careful with new projects.

I feel you. There are so many altcoin projects with no "substance" behind them. They're only created as a means to enrich developers themselves. Not to provide real use cases to the world. Since the industry is widely-unregulated, anyone can create and launch their own coin/token "without obstacles". The day mainstream governments require developers some sort of permission to launch a coin, will be the day when the "cleansing" begins.

This goes against the decentralized and open source nature of crypto/Blockchain tech, but it's for the best. Especially if we want to get rid of scam projects driven only by hype. Despite altcoins' setbacks, they're the only means through which developers can test "new features" before rolling them out on the main Bitcoin blockchain. Such has been the case with Litecoin since its inception. The more altcoins there are, the more Blockchain technology can be put up to the test. As long as decentralization wins, there should be nothing to worry about. Just my thoughts ;D

You are right, not all altcoins can be profitable, but there is nothing wrong with choosing altcoins that have good potential, at least %10 of our assets should be altcoins, last year I invested in altcoins and saved in just 1 year, from the beginning I bought $1k and was able to get a profit of almost $200k, from that profit I bought altcoins again this year and hope to get that kind of profit again.

Not generalizing, but most of those new projects are designed for quick profits, same with what investors are aiming both are after with
short run and with such kind of investment possibility that investors will lose is far higher.

Better to stick with good assets that have good developing features, project that continue to stay solid even the market is not that friendly
for some time, you needed to work on your research and study before you jump in and invest your money.

Always going to rely on how you understand the potential and how you deal with your deeper research about the project that you will going
to invest in.

That's right, sometimes we think it's right and it turns out that the altcoin we bought can still go down, and even when we're going to sell it. If we are greedy the profits we are targeting will be lost

Altcoins can give you good returns that for sure but the same returns another altcoins may take it back along with the investment you made. Yes, the short term trading may give you benefit but one need to be good in technical analysis to have correct entry and exit. Also some(scam) may even not follow the technical analysis conclusions.
The important point is how to identify such scam projects before entering.
Having said so, good altcoins projects are need of blockchain networks like eth or bsc or other. With these dapps only they can grow.

The diversity of the altcoin market is high. Often new altcoins are entering the market. Many of these coins have highly potential and everyone wants to get 50X, 80X or 100X profit by investing in these coins. That's why most people invest in altcoins. But I think it is not right to hold long term altcoins in the hope of huge profit. It should be accepted only if there is some amount of profit.

Expecting profits of 50x, 80x or even 100x is too big an expectation. It would not be easy to find an Altcoin that provides that much profit if it were not for the fact that the coin is hype and is currently a trending topic.
Many shitcoins that appear can eventually rise hundreds of percent, but look at the risks and impacts. There will be many people who will lose.
Holding altcoins really has to be thought about, because there are many types of altcoins. only hold top altcoins if for the long term. Don't hold altcoins that will just be abandoned and not get any development.

Institutions are embracing not just Bitcoin but also various altcoins. This is because altcoins can be quite profitable, especially if you understand the development behind them. If you have faith in a particular project, there's no reason to hold back. While I'm no expert, it's widely acknowledged that altcoins can yield significant returns. However, in trading, certainty is rare, so it's crucial to base your trades on probability and be prepared for anything.

I don't think all altcoins are bad. You definitely know, as a person who is familiar with this crypto currency market, that apart from Bitcoin, we have a lot of altcoins that bring us a huge profit. And these altcoins are the ones that make crypto trading easier and resolve some early technological problems with the block chain. People are making money by using these altcoins, so it's a good thing. Where there is money, there is also a scam; it's unavoidable. But that doesn't make investing in this platform worthwhile. And more importantly, it opened a wide range of employment opportunities for people.

For me, investing in altcoins can result in large profits because the high value fluctuations that occur on altcoins, let alone a freshly established cryptocurrency, will attract investors looking to make a quick profit, thus altcoins are a smart choice. However, we are all aware of the dangers we are taking while investing in altcoin, as well as the underlying hazards, because fraud and death coins will always exist in altcoin.

Investing in more or less secure altcoins such as eth, bnb, matic, cardano means having a valid alternative to fiat, being the custodian of your finances and resources, not depending on intermediaries such as banks

this is what i shared in my previous comment, you quoted. Not each and every altcoins are going to be scam or dead as op thought. Altcoin also can be hold for long but selecting altcoins with no potentiality, could be the reason of big loss. Some people like task risk but for that, analysis is always mportant, bad hyped altcoins may okey for short term buy dip and sold out but this mehod isn’t for all Altcoin, take a decision to holding potential altcoins for long term would be profitable

Indeed, there are several altcoins that have potential and make it possible to increase their prices again and provide profits to investors. This is different with new altcoins where there is a high possibility of being a scam, making this altcoin risky to invest in. although not all, it is difficult to find potential new altcoins, so it requires in-depth analysis. Big profits are the main attraction for investors to choose altcoins as an investment, as is the case for meme coins, of course there are still many fans too

In fact, there are quite a lot of advantages to altcoins, especially popular altcoins. In fact, quite a lot have survived and have great benefits to this day. Even though there are many altcoins that tend to be scams, by choosing altcoins that have good potential, or popular altcoins, all of this can possibly be minimized. The reason other people buy altcoins is to get profits whose potential profit is higher than Bitcoin when it is purchased with a small amount of money.

Because without it, the cryptocurrency market cannot exist, and we are here to discuss them together. It seems like you've incurred too many losses and consistently harbor a vengeful attitude towards the market. There is no single investment method that is good for everyone; it's simply about not putting all your money into one project. You're successful when you diversify your investments, just like investment funds don't invest in just one project; in fact, they invest in many projects like DeFi, GameFi, and more.

Because of greed, the desire to become wealthy, and the hope that the coin I invest in can increase my investment account by x100.

As much as we don't like altcoins, we can't dispute the fact that some altcoins have given people a lot of money. Now Sol as of before it crashed was below $100 those who bought earlier made a whole lot before the incident that led to Solana's crash. What about those coins below $1? They seem to give good out of profit too like BGB.

The only issue is that we don't do proper research on coins to buy. We rather go for hyped coins than do the in-depth research ourselves that's why most people get rekt

Altcoin investing carries risks and opportunities. Diversify, research, and manage risk. Avoid scams. Decide on a long-term or short-term strategy, and control emotions. Consult financial experts and stay informed.

Hear me out: you are entirely correct. As the quantity of altcoins has increased, investing has become a complete maze. earnings? Indeed, they are seductive. And the dangers? They're high and genuine, particularly with the new altcoins. Frauds? Anywhere. To be clear, not every new currency is a fraud, but what are the risks? Yes, they are indisputable. Although some established and dependable altcoins offer benefits, exploring the realm of cryptocurrency necessitates a thorough investigation that surpasses the comprehension of most individuals. As you correctly noted, meme coins continue to have popularity. But why? earnings. Always makes money. But let me emphasize this: you're sailing on rocky waters if you dont do your homework and do a thorough investigation. high yields? Perhaps. high dangers? Absolutely. Make prudent investments, as in this crypto world, information is not only power, but also survival.

Not just altcoins, all investments will also have risks and opportunities. The only difference is how high the risks and opportunities are.
It's not easy to do as you say, maybe it's just a theory or suggestion, but when you do it directly there will be some mistakes that might occur. Being careful and always alert will be the main warning. Controlling emotions will not be easy, it requires some experience and awareness that what is invested has really been thought about.

You’re right actually, I could remember how cheap coin made some people rich while it also make some people go into loss. Cheap coins doesn’t have any utility, you can be lucky and make money through it though.
Investing in Altcoins are actually cool because most altcoins have utility. Just DYOR and make a good decision.

Why people don't choose altcoin is that apart from bitcoin you can earn good money after investing in different coins. Although many coins can be bought very cheaply, there are many good coins that are worth buying and holding at cheap or fairly good prices. Altcoins are short-term which means they need to be sold very quickly due to volatility. There are many coins that can be invested for long term but there is always risk of loss. That's why I want to say that if you want to invest in altcoin, you must gain knowledge and experience.

Altcoins offer investors the chance to diversify their portfolio and potentially achieve higher returns compared to Bitcoin. Some altcoins are inexpensive, allowing investors with limited capital to acquire more and potentially earn greater profits. Unlike Bitcoin, where a 100% return requires the price to double, altcoins can easily increase in value by five times or more, multiplying an investor's portfolio. When investing in altcoins, consider seeking out low-cap gems for potential opportunities. Happy investing!

dont you know to maximize people interest come to crypto and fueling the pump, an orchestra need some flavour of choice, not everyone like original taste
like companies need makes lot of variant product to gain traction lot of people. same as alternative coin. are we clear  ;) :D

Altcoins  provide investors with opportunities. Investing solely in Bitcoin can be risky, as the market is volatile and prone to unexpected fluctuations. Altcoins allow investors to spread their investments across multiple cryptocurrencies, reducing the overall risk and potentially increasing returns. It will hep investors to make portion of their capital to invest in coins, in this way they will have lesser chancee of loss.

Altcoins are important. But I don't really have any skill to take profit when they pump. But these days, I use Bitget smart portfolio bot to automatically take profit from some altcoin and buy Bitcoin. That's because I Pair most of them with Bitcoin.

A person who does everything that you've mentioned at first wouldn't need to consult with financial experts, all they need is to stay informed about everything happening around the industry, get every news revolving around cryptocurrencies and their developments, keep doing research about coins and tokens they find appealing, and obviously, as you said, take decisions with a clear mind without getting emotionally influenced for any given reason.

Risks will always exist in a financial market that is volatile and unpredictable, but risks can be managed and reduced by constant work and dedication. A trader or an investor who is patient and dedicated to their craft will achieve success eventually despite all the failures and hurdles they might have to face along the way.

For anyone who enjoys high fluctuations and meme coins, altcoins are the answer. While they serve as complements to Bitcoin, the presence of altcoins is also crucial for steering the blockchain world towards greater specificity. Additionally, some altcoins can offer functions beyond mere P2P transaction media.

What altcoin investors need to be cautious of is the abundance of scams and the sudden emergence of "dead coins." LUNA serves as a tangible testament that not all altcoins are perfect. The freedom offered by the crypto community is exploited by scammers to infiltrate the crypto world with false agendas. Personally, I allocate only a small portion of my funds to altcoins because I'm not inclined to embrace high volatility.

Risk can be managed with the right sets of knowledge about the business that you are working with, I think volatility can use as edge
with those who are lazy investing without doing any research.

With the knowledge you acquire from time to time that you trade, will serves as a good experienced to anticipate the next market run.

It will be your advantage when placing your position and also advantage when everyone is already in fear as you can keep that
trust knowing that it will be possible to bounce back to the value that you anticipate happening.

If you play your cards right, altcoins can make wonders in your financial life. They often experience high volatility due to their low liquidity (compared to Bitcoin). You can take advantage of the volatility to buy/sell coins for a profit. For a much safer bet, Bitcoin would be the ideal choice for long-term investing. I'd say neither Bitcoin can't exist without altcoins or vice versa. They complement each other.

You can see how developers test new features on altcoins before rolling them out on the main Bitcoin blockchain. Yet, altcoins depend on Bitcoin to reach a new ATH. If BTC goes up, so does most of the altcoins being traded on the market today. Ultimately, the market will decide which coins stay afloat and which ones fade away into oblivion. As long as decentralization wins, nothing else matters. :D

I don't triggered partial profits because that's kind of way of earning smaller profits. Altcoins are very important to the existence of the blockchain technology and cryptocurrency. After bitcoin, we have altcoins and memecoins that make traders records loses but I do ensure milking the system was among my plans daily because that's the only stream that pushes one into the system. Altcoins have always been my main entries when it comes to bagging coins for both short and long term, I often misses out on some and earn enormous from the available ones I've invested on.

Bitcoin is undoubtedly the best currency in the world. An altcoin is any cryptocurrency other than Bitcoin. Soon developers began trying to improve upon Bitcoin. Some of the crypto currencies we have today have started trying to create entirely new coins for new use cases.Of the altcoins that have hit the market in the world, only a few have peaked in popularity. But the popularity of Bitcoin is beyond the reach of other altcoins. Bitcoin analysts claim that these altcoins will continue to grow in popularity along with the rise in price and popularity. At some point, altcoins will serve as the standard exchange rate alongside Bitcoin.

Altcoins, or alternative cryptocurrencies, have become increasingly important in recent years. While Bitcoin is the most well-known cryptocurrency, there are a growing number of altcoins that offer unique features and benefits. So, why are altcoins important?
First, altcoins offer increased choice and diversity. With hundreds of altcoins available, users can find one that best suits their needs. Some altcoins focus on privacy, while others offer faster transaction speeds. This variety allows users to find the cryptocurrency that best suits their needs and preferences.
Second, altcoins often provide opportunities for innovation.

Altcoins, or alternative cryptocurrencies, have become increasingly important in recent years. While Bitcoin is the most well-known cryptocurrency, there are a growing number of altcoins that offer unique features and benefits. So, why are altcoins important?
First, altcoins offer increased choice and diversity. With hundreds of altcoins available, users can find one that best suits their needs. Some altcoins focus on privacy, while others offer faster transaction speeds. This variety allows users to find the cryptocurrency that best suits their needs and preferences.
Second, altcoins often provide opportunities for innovation.

As you already know that altcoins are very volatile when it comes to their value, they can suddenly change at anytime to rise or fall, they can make one rich all of a sudden and also turn one to loose his asset the same way, this means we cannot perfectly predict how they may go by, if most people can use your own personal approach thesame way to set a target and withdraw their altcoins to bitcoin each time the limit set is reached, maybe it could have been more better a little, but that doesn't guarantee for no more risk involved as before.

Because altcoin is part of the system nwo , admit it that Bitcoin will never function to serve the whole world alone so we need altcoin to help for people ,
and also with how huge bitcoin price now , how could we expect  to purchase ? so there is altcoin for our good investment outcome.

But? there is always a But and this is never invest in shitcoin , or if you wanted just take a risk but with small amount only.

Buying Dip and selling high is also a good strategy , only if you know how to find when and where.

Anti Altcoin says they have no future , but the truth is everything has future but for those who really wanted for future and not an easy money making plans.

- In the cryptocurrency world, you've got some solid altcoins that serve as the pillars of this market, such as Ethereum and Chainlink. Imagine for a moment what the cryptocurrency landscape would look like without Ethereum and Chainlink. If it were just Bitcoin, I'm concerned that the market might not be as robust as it is today. Bitcoin and altcoins each have their unique roles and they coexist.
- I agree that there are now many dead or scam coins out there. Several altcoins that once captured the spotlight in previous seasons, like EOS, Dash, Monero, or Qtum, have seen their popularity dwindle. So, my current strategy with altcoins is to focus on new ones with fresh narratives, such as Arbitrum or Optimism, and plan to cash out when the bullish season comes to an end.

Every person has own thoughts some find altcoins as a beneficial and on the other hand who have not get anything from altcoins will consider it bad therefore everyone talks about coins according to their experience. All altcoins are not bad some of them can give you huge return but as lots of new scam coins arises therefore people lost their trust in altcoins. Sol is a good coin for long term holding and it also depends on you that how long you keep your coin.

In halving as bitcoin will increase in price other coins will also increase because of the relationship of price between bitcoin and altcoins so hold a good coins that has surety to give you return. Do not think that newly born coin can give you profit because it has no guarantee and no has ever taken profit from it. Ethereum and Matic are good candidates in providing you profit so someone wants to invest in altcoins then choose wisely because all altcoins are not guaranteed.

I strongly believe that each altcoin serves different purposes, and it's a futuristic coin. Altcoins solve inefficiencies in Bitcoin, such as scalability issues, high transaction times (nearly 10 minutes), high transaction fees, environmental issues due to mining, etc. And also, block chain technology is being used to create applications that go beyond just enabling a digital currency. Without altcoins, we can't afford the luxury of trading here, and it also dives into amazing innovations and creates millions of opportunities to earn. Scammers are not a reason to hate altcoins because they have more potential more than you imagine.

In the vision and mission and also in the white paper published by an altcoin project, it basically has a different purpose and this altcoin project is to fulfill what bitcoin cannot provide as you said. But among the altcoin projects there are those whose developers are running honestly and the development that exists in the project is based on the vision and mission for the development of the crypto industry to be further useful and flexible with human life, but you also need to see that there are some projects that are deliberately created with a vision and mission as well as a clean white paper but behind the scenes have bad goals to deceive many people, as is the case with FTX, they have good technology in their project with quite high scalability, cheap transaction fees, but instead they are made to enrich themselves. That kind of thing that must be considered and also considered more deeply about altcoins.

Everyone in the crypto space will be well aware of how Bitcoin is superior to altcoins but the fact still remains that altcoins are also important because not everyone do invest in Bitcoin as some people see altcoins as a means of gathering more profits if you hit the right one that pumps immensely but be aware that the negative effect of these altcoins is that they pump very fast along Bitcoin but dumps extremely faster and this can lead to loss of asset so there is always need for caution when acquiring one.

Altcoins are cheap, you can accumulate whole lot of 'em even with your limited budget. The most common strategy I use is buy and hodl sometimes I do trades but I am not good at it. Bitcoin is worth $34,798.60 as of this post so if you have limited budget, you can only have portions not the whole coin. Altcoins always follow Bitcoins trend that is why some investors got much profit when they bought in times Bitcoin has crashed.

The market is known for its volatility and the presence of scams which makes it a challenging (tho potentially rewarding) space for investors. The strategy of buying the dip and selling for profit is normal, that's the essence of buying in the first place (in this context). It's exactly like a rollercoaster ride (never been on one tho ;D), with the ups and downs of prices offering opportunities for gains. Nonetheless, we should constantly remember to approach the market with caution. Do thorough research on the coin/token you're interested in and understand their technology and the teams behind them before going in. Also! Diversification is key; don't put all your eggs in one basket.

Of course we can make  a profit through altcoins cause not all are scams  even though some altcoins is for Short term then still we can make a profit. But before we invest in them we need to do our own research  cause not all altcoins are good enough, there are many scams or dead altcoins.
And for what they said above that when the price is low we will buy and sell If it will up then it's hard to do that in altcoins cause we can not predict when it comes.

This is my first time of making post in this altcoin discussion section, I've never really taken any interests in it, all my focus has been in only bitcoin related topics, also some bits of off topics. Maybe the reference to altcoins as "shitcoins" in this forum, further reduced my interest in engaging in it's discussions. From my little knowledge of atcoins, I know that they're alternative coins, and we have many of then, also that some don't stand the test of time and dies eventually. This reason should discourage people from holding altcoins, compared to bitcoin that has stood strong and it's adoption is increasing everyday.

Although i have limited knowledge about altcoins, but if people still finds them profitable to buy and hold, then it can be worth investing in. The only thing is for a buyer to be very informed cautious to know which altcoins to buy, since we have many of them, unlike bitcoin that have assurance of availability and  trust that it won't diminish one day.

Yeah there are lots of frauds on altcoins, though some have some potentials if you invest in them, you can get something in return. but how do you identify that particular altcoin that will give you that needed profit, especially for the ones that are newly launched.
Because most times a coin can be launched and people invest heavily in it and the next thing you see that coin doesn't have the potential anymore, and people have invested a lot already.

Your opinion is not wrong and it is very normal. Another reason why altcoints are considered important is that they are always more tempting than buying BTC. BTC is still not affordable, aka it's a bit expensive, so those who can afford it are altcoins. The target is simple, look for prices that are still very low while waiting for the BTC reversal. Usually, if BTC is at its peak at a certain time, there will be many speculators who sell BTC to buy altcoints.

What you meant to say is that altcoins are important because they can make a profit, much more than bitcoin can. But altcoins are always a risk if we are talking about little known projects. But I think that altcoins are important because they create competition in the market. Every year there are more and more advanced blockchains and that's a good thing.

Everyone's key isn't about supporting an altcoin but it's all about money, profit. And the end game with this type of strategy is to make your profits more valuable by reinvesting them into Bitcoin. That's what I have done for several times and I have never regret. For some reason, the things that I have regret was to ignore a lot of altcoins that I didn't believed because I think they're crap. However, this market just proved that even if a project is crap as long as there are investors and traders contribute to its liquidity, the value of it will still have a way to increase.

Actually it is just a classic reason that always exists when saying that bitcoin cannot be reached because the price is too high even though in this case we when investing are not always required to buy 1 bitcoin or more at once because this is only based back on the ability we have to buy it's just that many people always say bitcoin is too high to buy just to justify the reason that they want altcoins as a form of investment made.

Even though it is not wrong because in the end the big profit is what is wanted and it is possible with altcoins they can get that but in this case we also need to know the risks because in the end we also cannot rule it out. The risk of altcoins will still be greater than bitcoin so that when we already know that, we will be wiser in determining where we will be.

Altcoin is full of scam but still people want to invest in it. Why are they doing this? Altcoin is super risky but super rewarding too. You can make 100X to 1000X if you are extremely lucky with a single project. This you can not do with bitcoin. Bitcoin can give you a maximum 5x to 7x ROI in a bull season. This return is relatively small but the risk you are taking is low compared to the altcoins that can give you 100X. Finding such an altcoin is like gambling with your money.

Not everyone does invest in altcoin because of the risk involved in it. People do lose interest in altcoin because of the high chance of losing money. I prefer investing in bitcoin. Bitcoin investment is safer than investing in altcoins. You can lose your money in altcoins at any moment. Lots of altcoins have disappointed people previously, and they are still going to disappoint people in the future. Nobody knows the next altcoin that is going to crash, so it’s better we are careful when investing in altcoin, but to me, bitcoin is just the safest.

It is true that many altcoins are scams. But the fact, there are some good altcoins as well. So, we can't say that altcoins is full of scams, dude.  ;)
Sure, altcoins is quite risky, specifically for new altcoins. That's why many people prefer to invest in old altcoins only, mostly choose the top altcoins. Investing in old altcoins or top altcoins may have less chance for gaining profits 100x or even 1000x, they won't increase very extremely like new altcoins. But we can trust them because they already prove us that they can survive for years. For people who care about the safety in their investment, I assume they will prefer to invest in old/top altcoins than investing in new altcoins.

To my own opinion altcoins are important because, without them Bitcoin would still be seen as a scam project that was build anonymously to bankrupt some of its users who did all their investment in it, op you made a good point on the fact that I'll give credit to altcoin because they might be good for trading or short term investment, but on the other hand some that seem promising might end up crashing to the ground thus taking all investment to the trench. While some altcoin seem promising the rest of them are just there to reduce their reputation, and this is one of the major reason they are hated by their victims and bitcoiners. I don't do altcoins but it fun knowing that some of them are legit,  and can be trusted.

Of course there are some altcoin that are scams, there are actually new launch coins that have potentials, that can stand the test of time if given the necessary time they needed to get a breakthrough within the market.
in as much as there are fraudulent coins out there, there are Also a lot of them that have potentials, you just have to look critically.

I agree. There are altcoins that have stood the test of time, and still hold massive potential for future breakthroughs. Usually when talking about dis, I like to use BNB and BGB as examples- two alts that belong to two thriving CEXs. While BNB is higher in price atm, BGB certainly has shocked users this year with its meteoric rise and solid maintenance of decent price levels. Still currently stands not too far below it's ath if I'm not mistaken.

and the ratio might be 100:1 ironic but it's close to possibility as there are many new altcoins that being offered and created by someone which
introducing the same concept or a clear copy of existing project that hope to attract investors.

But if you are patient enough you might find good and quality project that can stand with the test of time and bring you decent amount of benefits.

It's more on how you deal with your research and how you believe with the intentions of the developers.

I don't see this as the best solution especially for those who wants to invest in the long term it's only better for Short time and sometimes this could be very risky because in the Short term you experience so much volatility but in the long term you  have controable risk with volatility. Sometimes you could buy the dip and price falls below the price at which you bought so I don't think it's the best idea.

In crypto world, people just investing in altcoins for make good money and we all Know that everyone do same thing. Some people use this strategy like first invest in altcoins and gain big profit from these altcoins and then reinvest in Bitcoin after getting benefits which is much profitable. Such altcoins in crypto world has low potential and but their price will be pump highly when people invest in such altcoins we are all know that these altcoins have no future investing in them would be loss but sometimes these altcoins make us millionaire.

It cannot be denied that Bitcoin is better than altcoins, and certainly altcoins are also a complement to bitcoin. Altcoins are not always bad to invest in, some altcoins actually have strong fundamentals and many even make profits from altcoins in a short time, although there are also those who can experience significant losses from altcoins.

But what is certain is that before investing in altcoins, always do independent research to minimize losses. In my opinion, the difference between altcoins and bitcoins is only one, there is no need to worry too much about saving bitcoins, but when you win altcoins, your heart races, especially new altcoins.

I don't see reason to buy altcoin except it has an advantageous futures. It might be ok for you but when I did mine, I almost loss  %90.
I  would have made more profit if I had invested in bitcoin than altcoin. Although it seams there are pretty cool altcoin which can be profitable. Just that I had no idea to spot the difference that's what make me to invest huge money on them.

LoL, your heart really races indeed because for every moment that passes you will be in shocked and scared on what might be the sole outcome of the results of your investment on the particular choice of altcoins you deem fit for your investment. I wouldn't argue with you that some altcoins are good for investment but the issue is that how can one identify such altcoins that wouldn't cause or put you through such stress when investing in them.

  The question is, are altcoins bad? I noticed that others here in the forum mostly have a bad view of altcoins. Yes, I have been there who use altcons most of the time for bad purposes or motives; the same goes for meme coins and NFTs, but it's not right as if we all see them as bad.

  There are others here who are just reminding themselves, but the judgment is speaking in general terms, even if they can't determine what it is or how it became bad or risky. After all, altcoins, NFTs, and meme coins have contributed a lot to the cryptocurrency business industry.

Altcoins gives a better shot at profit making than Bitcoin, its not easy to flip the marketcap of Bitcoin but its easier to have 2x to 100x on an altcoin as most of the altcoins are undervalued owing to their development and traction being at the very low points.

The fact that you can flip your investment within a shorter time frame attracts you to such projects and getting in on such coins at a very early stage even gives you more advantage, more reason why investors and VCs are always on the lookout for such projects.

Does this mean that altcoins exists to complement bitcoin? If it's so then what is their relevance without bitcoin? Because what you said means that it is not good that bitcoin should be alone in the crypto space, that it needs other crypto coins to make it relevant. I think that altcoins are on the own level where the emergence of new coins are limitless, and this makes it quite difficult for all investors to know which one of them to choose from. Because amongst them, some might start out as prospective coins to invest in, but later turn out to be worthless, thereby reducing the trust on them as being generally profitable. Unlike bitcoin that have proven it's worth in the crypto market.

Altcoins are important in there own respect, because you'll have many of them to choose from, i also hear that investors can make huge profit on them on a very short term, also that a coin can become worthless anytime and put it's investors at lose. In that regard i can say that it' more riskier to invest in altcoins than bitcoin.

You said altcoin meaning is this general? have not you seen that some altcoins staying on top like Ethereum and  Binance , so this is not standing about all coins .

selling faster is applicable in Pump and dump coins because you need to get the perfect timing but not in established coins such top5 .

let OP has His belief  but that does not stand to all coins and yes NFT seems to be fair and better for semi long term Holding.

Altcoins serve different purposes and offer unique features that may not be found in bitcoin. But still they can't beat Bitcoin because has its own way and making it journey.

If we talk about profitability it is true that altcoins can give  short term profits but they also have higher risks. The volatility and unpredictability of the altcoin market can lead to sudden price fluctuations potentially resulting in losses for investors. Bitcoin on the other hand has established itself as a reliable and valuable asset over time.

At last the decision to invest in altcoins or bitcoin depends on your own risk tolerance.

The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.

The whales of the market are responsible for market price glitching; a single order such as buy or sell will jolt the market and trigger the project to move in a particular direction mostly in their calculated special direction. Altcoins are significant to traders, particularly spot traders, because they provide more opportunities for profits. Bitcoin remained the market's initial robust and prominent project. Altcoins are the primary projects that have contributed to the most of my significant profits in the system and I'll not back out from altcoins projects, specifically not now.

Sincerely spiking, not all coin are scam I no our love for bitcoin is top notch, but there are some altcoin that has been following Bitcoin even though the price are not the same. Like etherium it has a total supply of approximately about 120million in cerculation while Bitcoin has 21million that ever existed so I think with amount of etherium it makes it relativly scarce there by becoming expensive. Each halving of bitcoin also goes up with etherium so I think etherium is not just like other altcoin/meme or shitcoin there about.

Altcoin market is an important market in the Crypto sphere that keep generating lots of profits for investors. We don't need to underestimate the power of the altcoins because there are many whales that had made huge profits from the market as a result of holding altcoins. If we know how to identify good altcoin projects then we are set to benefit more from the market. Cryptocurrency can really be a good or bad investment depending on what we are doing and what we plan to invest. There are projects that can give us more than 100× of a profits as an investor.

Nothing like skill when investing on altcoins rather it's a matter of buying credible and trusted altcoins with a low price unlike Bitcoin that had already been priced, the best bet is to buy when their price is very low i.e during the bearish run, unfortunately a lot of newbie investors wanted massive profits they wanted altcoins that would earn them 100x profit within the shortest period of time consequently fell into scam, I would prefer investment on a credible low price altcoins rather that those shit memecoins mainly for pump and pump, a reasonable amount of profit earned on investment on trusted altcoins is far better than taking unnecessary risk on shit altcoins.

Wanting a profit of x100 will only make novice investors fall into fraud and ultimately experience a lot of losses. There are many incidents like that and scammers take advantage of these moments to continue draining beginners' money. nothing is instant, everything needs a process, instant profits only apply to altcoins that are very hyped.

You can always make more money with altcoins it you know how to play your cards right. They're much more volatile than Bitcoin itself. Altcoins will always exist due to the fact that Bitcoin is open source. That allows anyone to experiment with the code and make a new coin out of it with better features. Without altcoins, there won't be a way to test Blockchain's limitations beyond Bitcoin. Having several "experimental chains" allows us to improve the core Blockchain tech for the better. The more coins there are, the better for Bitcoin.

Ultimately, the "King" is the one responsible of driving the industry all the way towards long-term success. You can see how altcoins "pump" when BTC goes all the way to the moon. Considering that there's momentum for Bitcoin, I'd expect altcoins to become bigger and stronger than ever. Hold on tight as this is going to be a wild ride. Just my thoughts ;D

You are right, we are already witnessing the ride wherein more than Bitcoin we have see Altcoins have pumped just like they did in the past and I thought to choose Bitcoin for its stability or less volatility compared to Altcoin, at the same if I need some quick profit I have to get into Altcoin, I have already witnessed it as I had invested into SOL when it was trending around $8 and cashed out when it reaches $25. I think Altcoins will exist but it would be survival of the fittest as there are thousands of Altcoins and some don't even have a clear roadmap and some have unrealistic vision. If we choose Altcoin wisely we can accumulate good amount of profit but hodling on to Altcoin on a longer run will not be a wise move because just like they pump they are prone to dump as well and not all the altcoins recover from the dump like Bitcoin does.

no one says they are all scams but majority of altcoins are , though wasn't blowing now but eventually it will end
being scams. and it is Ethereum and not Etherium mate , but what you said is correct that it is one of the most trusted and safest altcoins
have been created , imagine holding its position as number 2 for how many years when other altcoins have dropped from their ranks respectively .
\How can we blame those whales when there are still stupid people that following their manipulation and as
there are still have others that is willing victim?

Whenever the price of Bitcoin is growing on the market, altcoins price will start changing positively to increase also to make their investors know that the time to sell to make a good income is very close to investors but there are still some altcoins investors that will not sell at the moment, because they will be waiting for the price to hit higher in the market before they can sell which will lead them to miss their opportunity at the moment. Once you have the opportunity to buy when the price of altcoins is low in the market, just hold for a long years and watch what you will achieve when the price increase higher in the market which is the best strategy many altcoins investors are using to make their dream reality in the community. I don't think there is another coin that can take the place of Bitcoin in terms of pumping because whenever the price of Bitcoin move to another level, other cryptocurrencies will begin to move too.

depth of analysis also Don't works always for new altcoins. Without any IEO,  all new altcoins are risky. But whom who want high profit, they take risk and buy new altcoins. I guess they already make good amount of other from old potential altcoins, that's why they don't afraid of lose. But investing on memecoins is stupidity. Do are also risky, those are flying cause someone want to make profit from those, that's all. Others new launched memeocin are scam, it is literally bad to buy meme or new coins for higher expectations  instead of having potential altcoins. But if anyone think those are profitable too, then what to do? We just make people aware about those

- Without altcoins or even less reputable cryptocurrencies, is this a real financial market? They all play a role in the bigger picture. Like any other financial market, they come with both positive and negative aspects, and they coexist and influence each other.
- In my view, unlike Bitcoin, investing in altcoins requires more skill and strategy. If you choose the wrong altcoin or make unwise buying or selling decisions, you might find yourself in deep water or facing significant losses that are hard to recover from.

i think everyone who invests in cryptocurrencies, definitely they knows about it's risks.
& of course everyone invest money here to get profit, scam & death both part of this investment,
how to expect only profit without taking any risk in crypto or other sector?
if you want less risk then can invest in top altcoins, most of new coins high risk & to get scam.

Let me say at the outset that I do not like investing in altcoins at all. But where the risk is high, the profit is also high. We know that investing in altcoins is the most risky. Bitcoin investment is risky but there is trust in Bitcoin investment. But in altcoin investment you can't depend on any situation as any moment can happen. Actually the only reason to invest in altcoins is to get high profits very quickly. But it must be noted here that investment can never be done for long term and you have to sell your investment when you get profit.

My opinion is right, but altcoins will give you 10x more benefits now than bitcoin, which has a very high price. At the moment, the way to play is also different. I think bitcoin is for maintaining wealth, while altcoins are for building our own wealth, but do research first before buy a coin, especially an altcoin, hopefully people who read this will get big profits in the altcoin of your choice

Altcoins were created to add something to the blockchain, of course people will continue to innovate, altcoins are used for payments, then enter other areas of our lives.
Basically the same aims to make things easier for humanity, but some also deviate as just a pump and dump scheme.

Investment in crypto is profitable or harmful. If we know the crypto market very well, it will be good for us. I also find which coins are low price and If I get a little profit, I will sell. So know crypto market and invest otherwise it will lose project for us.

If we talk about Bitcoin then all we can say is that very useful and it will give us more profits in the long term of our investment but. We must remember that that we should not be greedy in our decision. And about altcoins which nowadys there are many scams project so we can not  say that every altcoins will be more profitable ij our investment cause once a project will failed then thier coins will be gone too. So in the world of investment we should analyze much better.

Originally altcoins did not become so popular. Because many altcoins have been seen dead or mired in scams. Many people are not very interested in investing in altcoins because of scams in altcoins. But not all of the altcoins are in the same scam. As usual, altcoins offer investors a variety of investment opportunities. But not only altcoins, but all cryptos have more or less scams. It is important to pay special attention to scam-free investing in altcoins. Investing in Altcoins is good for short term trading as it provides good profit in short time and not much risk of capital.

many people invest in altcoin (including me), because I think altcoin are an investment that can give me bigger profits than investing in Bitcoin, but the risk of investing in altcoin is definitely higher than investing in Bitcoin, therefore I agree with you, if we have to take advantage of the market situation (buy altcoin when the price down and sell when the price increase).

Altcoin is one of the ways we can make fast profits from the market and that is if we are holding strong altcoins projects that have experienced team and huge community. Bitcoin is good to hold but altcoins can give us faster profits if we are holding strong projects.
There are pwp6that invest in altcoins and still make loses from them, altcoins investments are mostly based in luck for us to make consistent profits from different tokens.

I'm happy that you were able to cite the differences between altcoins and bitcoin, your statement is fair, so many members here refuse to make their statement complete when comparing altcoins to Bitcoin, they always tend to omit the part that gives Bitcoin the credit that it deserves.  However its true the return of some altcoins can be more than that of Bitcoin with might seem tempting to create a good portfolio but, the risk associated with altcoins investment can be sometimes considered very high. Over the years, we have experienced some altcoins who look promising but later became a shitcoin in the twinkle of an eye, and with coins like that, you'll be loosing all your investment. So will definitely do better than bitcoin when it comes to profit but the risk associated is something not worth trying. On the other hand Bitcoin might not be as good as some altcoins but the reduction in the risk of crashing make it a perfect start for beginners and worthy of a life time investment.

Our plans to become successful in the market depends on our strategies. We buy bitcoin and resell to the market during the bull season, that's one of the easy way to start earning from the system. From now till tomorrow, I'm sticking to bitcoin, I'm not changing it any plans to dump bitcoin because it have remained on of the best projects and I know people that have earned from the system. One should not just get up and invest in altcoin without doing thorough checks on that particular projects. We know how these projects can make both bull and bearish moves in the system end up without the selected liquidity.

investing in alts may be profitable in some ways but that is true should really take time to contemplate on these projects as they are actually hard to determine if you will be on the positive or negative side. most are just depending on how the team behind is manipulating their market performance, without any solid back up of their existence, hence, traders are waiting for their pump and dump scheme to earn profits.

altcoin cycle also relatively shorter in time too so it suited for those that don't have patience, but we should never ignore the fact that there is most certainly reason why bitcoin is sought after by institutional investors  that goes as far as trying to get bitcoin etf listed, this just means those institutional investors are really believe that bitcoin might go really high in the future in term of value not to mention the halving that make bitcoin a lot more scarce.
I do believe that its always better to invest in altcoin and then accumulate the bitcoin so we can get double the profits with this, but some people also like to just accumulate their profit in form of stablecoin which is fine on its own honestly if that person just want to take profit and call it a day. after all then point of trading and investing in the first place is finding profit.

The intrigued investors will contemplate on the projects that they're looking at. But those hype investors won't mind in doing their research because it's all about the hype.

Well, this is nothing new to the industry. There are projects that do hype their records and sales for investors to come in to them and that's a way to manipulate their own projects and if they're doing it to gain sales of the tokens, they're fooling people aren't so they aren't to be trusted.

if you can afford to purchase right altcoins, then you don't need to worry about dead or scam, rather you can make health amount from your invested capital which might be more than you could from Bitcoin. That's why altcoins is important. But if you don't follow rules and invest your Capital with random altcoins then literally you lost your money. This is why you need to learn and pick Potential altcoins only by doing deep investigation before buy. Cause your investment is alway your own responsibility

If altcoins were not in the market, investing in only Bitcoin will not be as much profitable like putting our funds on altcoins.
There are huge profits to be made from alcoins if we invested at the right time and we don't hesitate to utilize the opportunity to make profits from the market. By the time the bull is here, making profits will be everyone's interest because the market would be very volatile and those that were able to invest on good altcoins would make the best profits.

I think you're wrong. If there were no altcoins, the rest of the capitalisation of the entire crypto market would be in bitcoin. So bitcoin would be a lot more expensive than it is now. But there would probably be a lot less interest in cryptocurrencies. So altcoins are like a lure for new investors.

Getting the most out of altcoins requires market research. Bitcoin is the best in the crypto market After Bitcoin everyone chooses altcoins for investment. It is well known that Bitcoin gives a good long term profit. But because there are so many altcoins many coins are cheats so learning when to buy and sell them is even more important. There are many coins that should not be held for long periods of time analyze the coins and go ahead.

I agree with you on this. profit or loss in crypto totally depends on the project/coin you invest in. if you invest in a legit and successful coin there are good chances of earning good profit but if you fall victim to a scam project then obviously you'll lose all your money.
But it is not easy in the current market to find legitimate and trustworthy projects which also become successful so your investment gives you profit.
I've seen several good projects with good business models, but they couldn't stand a chance in market and failed during their tokensale. some even failed after conducting a successful tokensale because they couldn't diliver the project on time as they promised.

Yes Indeed, investing in altcoins has higher risk while investing in BTC has less risk but if you have good searching strategies you can generate good profit from altcoins as well. when you start searching for projects do check if the project team is active, do check if the team is collaborating with other good projects this project skyrocking. if the use case of the project is good then you have less risk of losing your funds. if it don't give you much profit as you want then wait for some time and looking at the project activity. your funds may recover soon.

I rightly agree that investing in altcoins is risky. I was once heavily addicted to altcoins and used to invest in these coins. I was able to earn almost good profit for a few days.When the price of alt coins fell I would buy them and when the price of these coins would rise again I would sell them.This is how my alt coin investment process went. But I once bought BNB coin at a high price above 600$ then the price of this coin started to fall which is why this coin is still included in my investment portfolio.

because if there were no altcoins then the crypto market would not look attractive, just like stocks there are so many types,
So in all types of commodities there are different types and brands, allowing people to choose.

They are not what makes the attractiveness of cryptocurrency, instead bitcoin, but they constitutes the whole buzz of the happenings within the bitcoin network, they make up the news and talks on different aspects, they have the highest scam rates and risk as well, they can also make one get rich all of a sudden as well as making one to completely loose his asset of investment at once, some actually termed them as distractions while some sees them as part of the fun we had in crypto.

Investing in altcoins and Bitcoin can be high risk or low risk, it depends on some reasons. If we invest in Bitcoin without sufficient knowledge, it can be high risk as well. Meanwhile if we choose top altcoins and we know the right strategy to invest in them, it can be quite safe or low risk. It only can be high risk when we invest in meme coins, shit coins, or new altcoins.

It is not easy to analyze the new projects because it is difficult to distinguish between potential projects and scam projects. There are many new projects that have perfect whitepaper, good usecase of the products, active teams, and cooperate with some top projects. But the projects suddenly stopped after the public sales because of varied reasons. Or after the tokens are listed on the first exchange, the teams begin inactive and there is no progress of the projects.

Dear, all matter is your strategy it is obvious if you have insufficient knowledge you have high risk of losing funds. If you do DCA and accumulate Bitcoins at good prices it can give big return and the risk will be reduce.

On the other hand, its the fact that it is difficult to analyise the good projects but Strong projects can return good amount like Solana because the team is working very well on its ecosystem and many more i would not like to name any of them here best is that DYOR because giving any financial advice to anyone can be risky as well because if the listener makes any loss due to taking action on our saying i would say it a bad thing.

options exist as the market increases. and those who own businesses are attracted by the fast-growing market. so more developers are creating new projects which ultimately grows more altcoins in the market.
In principle, those who get the market will compete. while those who are unable to compete will disappear. Unfortunately, this opportunity is also exploited by scammers to make a profit.

If you want to invest in altcoins, then choose those that already have a fairly strong market. This doesn't eliminate the risk, but at least it reduces the risk.

No riak no gain. So you have to take risk to gain. Altcoins are the only way to make very high profits in a very quick time. Again there is a very high risk as thousands of altcoins are being scammed regularly. And this is why trading is not an easy thing. You have to spend a lot of time here if you want to get good from trading and save yourself from losses. You cannot do well unless you are now an expert in all areas. So if you want to trade in altcoins and get good returns, you need to be an expert and take risks at the same time.

Of course and they spread multiple lies and collect investors which is really terrible. However there is no shortage of tokens in the crypto market so you should continue investing with your own research as you will have to bear both the profit and the loss. The best projects never promote lies so buy the best tokens before the bull market comes. We have our own criticism in this market so improve your skills to buy tokens according to choice.

Buying the dip and selling it fast will not help the investor. But instead it is good to buy the dip and hodle it for years until the coin appreciate and have value in the cryptocurrency market. And why people are investing in altcoins is because it is an alternative investment to Bitcoin and also when it appreciate and have value in the market, the investors make profit very well. And the best approach to deal with altcoins is to buy the dip and sell the when the price goes up and wait for the slide reduce of the price again to buy again and sell when the price goes up. You don't have to keep altcoins like Bitcoin investment. And make sure you know the kind of Altcoins to invest because not all are good to invest.Though all the altcoins are risky but you have to take the risk to change your life.

because altcoins accelerate the growth of new users of crypto currency. with airdrops and bounties people will join and learn to use crypto.
while regarding profit because the movement of altcoin or its violations is high so that it can generate a lot of profit and quickly.

Many has become rich and wealthy out of their investment in altcoin while others loss in their investment, 
The future of any altcoin can not be predicted, thou there are still ones that has potential why some are just pump and dump but there existence has made the crypto space more interesting. Expecting much profit has made some investors loss in their investment. It is advisable to buy in dip and sell at any profit added to your capital.

Altcoins are an alternative investment to replace Bitcoin, because there are so many new breakthroughs and innovations that each altcoin has, so the crypto market becomes very interesting to adapt to, and in my opinion altcoins have a very big influence on the progress of the crypto, I'm sure  If there were no altcoins then the crypto world would not be developing as rapidly as it is now.

Altcoins are very important because they increase the value of the entire crypto marketplace. If it was only Bitcoin that had been in existence, the crypto market would have not been what it is today. It would have been boring to the core.
There are forces that are driving the market and we don't have to push it. Altcoins are very important for us to make money from the market because we can not always rely on Bitcoin to make profits.

Many people invest in altcoins primarily for profit. It's undeniable that witnessing an altcoin's price surge, often referred to as 'pumping' can be mesmerizing, with enthusiasts predicting it will go 'to the moon' In such scenarios, those who can afford to buy in may experience FOMO or fear of missing out, while those who didn't join in the early stages may regret not doing so. Some choose to take profits, while others hold on, speculating on even greater returns. In my opinion, this reflects the predominant motivation behind investing in altcoins -- the pursuit of profit.

We know altcoin investment returns are high. Where the profit is high, the risk is also high, but you have to accept everything and proceed with the investment. But if I say from my side I will say I don't invest in all altcoins. Those altcoins which have good exchange and are not in top position I never think to trade with all these altcoins. But I always believe more in the Ethereum market and I definitely buy this Ethereum to hold. Also I don't consider any coin to hold long term but focus on some market trending coins to trade. But it should be the best exchange and top position like ORDI, Exchange Binance.

Well. From my personal point of view, alternative coins are important because serious projects are the pathway to get more technological innovation when comes to cryptocurrency and ways to transmit value in a decentralized and secure way, regardless where one lives. Actually, many of the things we take for granted today were ideas which started as relatively small alternative coins projects, Litecoin wanted transactions to be faster, Monero wanted transactions to also be private, Ethereum sought for more functionalities to the Blockchain technology, and so on.
If we did not give the importance and attention those legitimate projects need, we would be still living in a market mostly made of Proof of Work coins which may be too similar to each other, and there would be more competition for hashrste in different blockchains, the less concentrated the hashrate would be, the less safe all the ecosystem would be as well, as a consequence of that hypothetical scenario.
Thanks to the existence of alternative currencies, I can expect some nice projects to come in the future, something quantum proof, fast, anynomus and with much use case.  :P

There is no doubt that the most appropriate long-term investment for altcoins is ethereum. me too. Even though it has several other altcoins, ethereum is still a priority compared to it. I usually sell other altcoins during bullruns so they are not long-term investments.

Not everyone likes to invest in alt coins because investing in alt coins involves a lot of risk and even money risk.I have heard from most of the people who have invested in alt coins to date that they have lost, maybe a few have profited.
Ethereum may be the best choice for you to invest in alt coins but it may not be the best for many. This token is the most expensive of the alt coins so it might be the most preferred coin for you. However, apart from Ethereum, there are other types of altcoins in the market that people are more exposed to and invest in.
Everyone invests with the hope of profit and everyone wants to earn profit from his invested tokens.When the bullrun starts in the market, all the coins in the cryptocurrency market increase in price, so investors sell their invested tokens.

Don't be too surprised that despite the many risks that are in altcoins, investors still flood it, and the reason is not far fetched, it's because they want to make many times their ROI on the very shortest time, in the end It'll mean them gambling their capital to either buy legit or scam altcoins. The OP method makes sense, if you decide to go ahead and buy, go in quick and invest, have your target to sale in the peak of price pump, when it reaches your target price, don't be greedy and sale, cash out ASAP, because delay can be dangerous, the more you wait, it can start crumbling down and eventually worth nothing.

Buying the dip is not all about trading because the way you sound, is like selling your altcoin to buy bitcoin and sell to make profit when Bitcoin is on bullrun. But I hope you know that Bitcoin is all about long term investment not a kind of revenge game against altcoin failure.

So when investing in bitcoin you should be able to state clearly the reason for bitcoin investment not for some unnecessary reasons otherwise you will not meet the target of holding for long.

I realized that crypto is also becoming more widely known and more widely adopted after the existence of altcoins. The presence of airdrops in altcoins also indirectly brings more people into crypto projects. So altcoins are very important in the development of crypto adoption itself. Even the unemployed can now have a job and income from crypto trading and investing. As long as they enter with sufficient insight and not just because they want to get rich quickly. Personally, I also started out probably getting to know altcoins and then getting to bitcoin. I forget but maybe it's the other way around. But what is clear is that I feel altcoins are very important. And help BTC adoption become greater. Even altcoins are now included in many things starting from Defi, Games, AI, Biotech and so on. Even asset tokenization will also be carried out in altcoins such as AVAX which seems to have a tokenization event this year with large companies which could also have a positive impact on the crypto market.

Many Investors are greedy, before investing into an altcoin they would have had a target of taking profits when they have made 50% of their investment but as the market continue rising, they'll forget the target they set when they wanted to invest into the altcoin and begins to aim for a bigger percentage. As they're holding, the market will crash and they'll lose. Many investors don't know the difference between bull and bear market, they think the market will continue rising forever.

Altcoins are important to the cryptocurrency market as they give investment variety with difference options of investing into the market. Some investors don't want to invest too much money into Bitcoin as they believe they're already late therefore they're looking for new projects that they can be among the first set of Investors so they can make big profits wehn the project becomes popular and listing to top exchanges.

I think you should be more specific with the kind of Altcoins you're referring to, not all altcoins are best when it comes to buy and hold, I can only trust some few altcoins in terms of buy and hold but if you're referring to newly projects then it's very hard to give garanteee if that coin will bring profit in long term. The strategy you mentioned is also good but still depends on the coin, an investor will sell whenever the price has reached an ATH, this is the best decision especially when dealing with altcoins to prevent risk, there's no guarantee that the coin will reach another ATH so why not sell to gain from the market. Altcoins investment needs a smart investor to play along with the market.

For long term crypto investment plans altcoins are not a favourite to opt for that's why I don't give priority to altcoins and with the saturated alt projects spread all over the industry it's very challenging and highly risky to invest even for a shortest time as we can't fathom the intentions of the founders of these projects if they are in the market to stay for long as possible or to rug pull and vanish to only heavens knows when and where. Apart from Ethereum which could be slightly considered any other altcoin is a no go to me despite it's been considered as a fast track route to profit making.

because usually the new coin for its development and growth is good and fast because if I think it will attract a lot of people to invest.
Therefore, most people do not doubt new coins such as meme coins and others.

Most of us probably do the same thing as you. That is, altcoins that have been collected since the bear market will be sold in the bull run market. But personally, I will even sell ETH on the Bullrun market later. although it is only ETH that is the most trustworthy among all altcoins in the long term. But still I can only hold it for the medium term. Because my long-term investment in crypto is only bitcoin. Meanwhile, I think altcoins are only suitable for the short and medium term. But if you are strong enough to hold ETH in the long term then maybe you can get maximum profits. As long as you remain strong even though the bearish market will come again after the bull run market.

The real thing in bitcoin from 100% of people 70/80% of people already know bitcoin and they have tried and felt the benefits.
without forgetting that bitcoin is still much loved by people even though alcoin comes with its advantages, some people still survive in bitcoin.

Alt coins are the alternative coins of Bitcoin. Bitcoin is the first cryptocurrency of the world. All the other alt coins are developed after bitcoin, that why we are calling it as a altcoins. Altcoin gives more profit then Bitcoin. Because, it is easy to manipulate the price of altcoin, due to low market capitalization.

We work and invest in crypto because of profit so simply speaking crypto is more important to us to make money. Also most investments will be profitable for you if you can buy good currencies before the bull market comes. So you don't need crypto market without altcoins so invest and profit. Here are short time and long time investment tips so choose the best according to your preference list.

I also thought of that because Ethereum has been in the system for a long time now and it is the second to bitcoin in term of Price and value. So if anyone is investing in Ethereum at least the person will have that confidence that he would not lose instead he will make profit from the investment. And not all the altcoins are good to invest in even though they are top 10 in the list.

One thing we have to know is that time of the bear and the bull market of the coin is paramount. And not all coins are good for long term, some are good for short term but if it is for long term and you wnt to make a huge profit from altcoins then Ethereum is the best to recommend.

As far as I know altcoins are called hidden gyms. Because altcoins have seasons. Where each coin hits its maximum value. Moreover, each altcoin tries to survive in the market through a specific feature . Investing in altcoins should be done with a lot of research and market analysis . If you invest in altcoins in a smart way, you can earn good money.

if you want to make a profit in altcoin investment you have to make sure that you purchase when the price is low and hold for long time so that whenever the market Rises you make a profit that is why many people who invest in altcoin always exercise a patient knowing that with a short time the coin mighty rise in order to give a profit for long-term investment

As said, when our focus is on altcoins, we should be prepared to invest when the price is down and watch the market carefully to experience the best outcome out of the investment. With altcoins, we were able to experience fluctuation, but that was not to the extent of a clear bullish move. There used to be a separate altcoin season, during which we could watch the bounce of the majority of the altcoins. We need to be prepared for the altcoin season to cultivate the profit and re-invest once again when the price drops to the bottom, which is a cyclical process.

Yes,Many investors see altcoins as hidden gems. There are many alt coins that are less known to us but they can give huge profits in the future. Naturally Many alt coins are born and many die in the market. Maximum altcoins are not established in the market except few. I think investing in established altcoins can give double or triple profit in future. If you expect a huge bumper, you need to do a lot of analysis on the coins you want to invest in, but I think choosing such coins is a rare task and you can end up losing your money. Of course you can invest in your top altcoins, hold on and take home your dividends in the future.

I really agree, considering the number of altcoins available on the market, do at least simple research before investing there. If you can't do in-depth research with the altcoin you choose, just choose the top 10 coins on CMC. and surely in the long term you will benefit from this investment. If you are still unsure of the top 10 coins, just choose Ethereum for long-term investment.

Everyone has their own opinion about it, but as for me if you do your research and well study the ecosystem of the project, you can earn good money investing in projects such as the same Fairspin, a long proven and stable platform. Plus they also have a TFS token with a large APY that can be staking

I agree with you.
usually people who are really familiar with bitcoin and alcoins are always careful to pay attention to alcoins so that they don't lose money.
or they don't invest heavily
small capital but fast profit and promising because it is not a long-term investment.

Searching about coin is very necessary and one should not follow the advice of others because everyone have different opinions so carefully search if you fail to select good coin then at least choose those coins which are showing profitable outcomes from the past.

Coin like Ethereum, BNB and Solana if you choose then they can give you good profit in long term. Ethereum is the second successful coin after bitcoin so one should not hesitate to buy Ethereum if it is in affordable price. New altcoins cannot be choose easily because they are not guaranteed and they don't show an exact price which are shown through prediction and goes down as quickly as they goes up.

Altcoin is very important and if they do not exist then we might not know anything about Bitcoin. The emergence of altcoins was in competition with Bitcoin. Some tried but still couldn't meet up. We need to know all these things so that we are not going to attach something that complex to what altcion actually means. There are some people that are still not interested altcoins because they had been brainwashed that they are going to lose money. Those who take risk are the ones that are successful now.

Altcoins are just a part of the crypto market. and the crypto market does not depend at all on these meme coins. In essence, we can admit that meme coins have become one of the biggest players in the crypto market, because of the large number of meme coins that have emerged since Doge achieved great success. So lots of meme coin projects are popping up. And it cannot be denied that there are many meme coin projects that have succeeded in attracting attention and experiencing hype. However, the problem is, most of these meme coins will definitely drop and fall very deeply once they have exceeded the hype. and the price also becomes uncontrollable. Then the project became a rugpull.

The decision of which coins you invest in is yours to make. I think one should not depend on other's decisions for investment. There are quite a number of potential coins to invest in alt coins if you invest in them and hold it for a long period of time you can definitely get the right results.
Yes it is definitely possible to profit by investing in BNB and Ethereum coins which are among the top ten alt coins.The prices of these coins are very low right now and yet there are best opportunities to invest in these coins for all of us. If we invest in these coins then we have to patiently hold these coins for a long time.

If you don't really need altcoins it's better to keep instead of exchanging. This will benefit you in future. Bitcoin is an asset that will benefit you if have it in your wallet. You just need to keep an eye on the investment board.

I haven't invested much in altcoins. It would be wrong to say I didn't. I invested in altcoins several times but didn't get much success so I almost gave up on altcoin investing. I think investing in Bitcoin is much better than investing in alt coins. The amount of money we will invest in altcoin coin if we invest bitcoin then we can get double profit from altcoin coin if our luck is with us. I always prefer investing in bitcoins over altcoins. I started bitcoin investment when I saw repeated altcoin investments were not successful and I got a lot of success with bitcoin investment so I will advise everyone to invest in bitcoin. Then investment is up to you if you like altcoin investment of course you can invest if you like bitcoin you can do bitcoin the decision is up to you.

I believe there are still some altcoins in the market which can be good investment in the future. In most cases I have seen investors lose money by investing in such altcoins which are very little known. To me Bitcoin is undoubtedly the best and safest of all other coins. Of course if you invest in Bitcoin and hold it for a long time you can get more than doubling in future. Investing in a coin is always good to prioritize personal decision. If you notice the top alt coins in the market like ETH, BNB, SOL, LTC these are the established coins in the market. If you invest in the altcoins mentioned above along with Bitcoin, you can expect double or triple from here in the upcoming bull season.

Buying low and selling high is the right way to go about it, however, I wouldn't recommend holding altcoins for the long term because they are highly unpredictable and anything can happen at any given time which is the reason why most traders would never recommend holding a certain altcoin for long term.

Earning profit on altcoins is possible in short-term because they are usually more volatile than Bitcoin as their prices are lower than it. So when you buy an altcoin today, you might even get a selling window after a few hours, if not, maybe tomorrow, day after tomorrow, or maybe next week, but you shouldn't keep holding it when you see a window to take profit just so that you can get more profit because that can go the other way as well.

Indeed, most of the new coins often experience rapid price growth that attracts investors as well as developers, perhaps because of the way they promote to attract consumers, but most of the new coins usually do not last so long and the prices tend to be aggressive at the beginning and slow at the peak and the worst thing is that the new coin will weaken its development so that many are stuck and cannot even be resold, so people who are aware of this type of coin will distance themselves from it.

If bitcoin was the only coin in existence I believe it would be super expensive and every bit of it will be useful. and I believe that Bitcoin sat will plays a big role. Because no body would even want to buy 1 whole bitcoin because of how expensive it will become. rather people will buy it in unit of SATs.

And another thing is that, if there where no altcoin the crypto currency market would have been a more reliable and trusted place because all concentration will be on it. 

Even if you don't like altcoins, most crypto communities still rely on and believe in other cryptocurrencies, even in meme coins, which means that this is just proof that there are many communities before that are advancing in life because of cryptocurrency, especially when times when it hit in 2017.

Even though there are other altcoins that I have made a good profit from, now I am holding some of them for the bull run that is coming this year until next year.

Altcoins offers a lot of new opportuniities for people, but not all of them are useful for people. It is necessary to remember that a lot of fake altcoins and fake projects appear.

Basically, talking about altcoin important or not depend with how much fund we have when trading in cryptocurrency, difficult to earn much profit for trading in Bitcoin with small fund but different thing if low budget and use for investing in altcoin because price up and down drastically. I think as small fund for trading that reason why altcoins is most important part in cryptocurrency. For bigger fund there are not spent their investing with altcoin because know bigger risk when price dropping almost difficult back to higher price, but for low fund its interested when price drop buy back at altcoin and earn more profitable than bitcoin investment.

Altcoins are vital for diversifying investment portfolios beyond Bitcoin, introducing innovative technologies, catering to specialized use cases, fostering healthy market competition, and increasing overall liquidity in the cryptocurrency ecosystem. They contribute to decentralization by offering alternatives to Bitcoin's dominance and provide a platform for experimentation and learning within the crypto community.

In other words, altcoins are a "testing ground" to help determine Blockchain tech's true capabilities. Some features are added into the Bitcoin blockchain after they pass the test on other chains. Developers can't afford to mess up a trillion dollar network, right? Altcoins wouldn't exist if Bitcoin wasn't open source. With plenty of coins to choose from, we can save money on fees and reduce wait times.

Having a single cryptocurrency for everything (eg: BTC) is not a good idea. It won't be able to scale to billions of people worldwide. The more altcoins there are, the less network load Bitcoin will have. Ultimately, the market will decide which altcoins will stay and which ones will fade away into oblivion. Remember to never invest more than what you can't afford to lose, and you'll have nothing to worry about. Just my opinion :)

But it is important not to forget the very meaning of the concept “altcoin”. That is, an alternative cryptocurrency. The altcoin for BTC became Namecoin, and later Litecoin. Now the concept of altcoin is applied to both stablecoins (which are an alternative to fiat currencies in crypto), and project tokens (essentially digital shares of companies), and directly alternative cryptocurrencies (offering other mechanisms, protocols, models for using crypto).

People with their choice of investment, what you like may not attract me but it doesn't mean that such is not accepted by some persons, personally I don't like altcoins because of the potential danger involved, more especially the hyped ones, if you go to social media, you will see people advertising fraudulent projects and if you as a person is not careful you will fall victim, they important of altcoin for people not concentrate all their investment in bitcoin and also when bitcoin appreciated in price there is a possibility of investors in altcoin profit, that's what I know.

Not all altcoins is a actually a scain, many has become very rich overnight by invest in altcoin, on to the fact that to what ever that has advantage also have disadvantage, many of the the altcoins doesn't have a real life application purpose they are created to gain certain level of publicity and there after  they become dump expecially when demand is zero, I don't like altcoin that much but any one venturing in altcoin should as well consider having btc in his portfolio.

Investing in altcoins, despite risks like scams and volatility, can offer significant rewards. Smart strategies, such as buying on dips and selling for profit, capitalize on market fluctuations. It requires research, timing, and an understanding of market trends. Altcoins can diversify portfolios, access innovative projects, and potentially yield high returns. While caution is warranted, dismissing altcoins entirely overlooks the growth and opportunities within the crypto landscape. My strategy emphasizes diversification and risk management, ensuring investments are spread across different assets to minimize potential losses and capitalize on growth opportunities within the altcoin market.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

not that easy. you talk about scams and death (dead coins) but you suggest buying on dips. What if the price decrease that occurs is not an ordinary price decrease? I mean the price continues to fall and will turn into a dead coin. There is no guarantee that when you buy the price will recover or rise.

There are good and bad altcoins in the market. If you go ahead with all the good and bad coins but you cannot protect yourself. If an investor goes ahead with the best coins then he will definitely get success. So it is always better to proceed with service to make yourself more successful. I will never go with shitcoins to invest I will always go with the best coins to invest. Even though my profit will be less and I will get less return, I always prefer to stick with less risky coins to be safe because I don't like to take more risk.

I think some say it's important and some say it's not important.
That's my opinion, back to each person's taste.
whether altcoins or bitcoins all have their respective roles, in my opinion.
It's up to us to see what it's all about.

You may not like alt coins but there are many crypto community who like to invest in alt coins.Even those crypto communities have earned thousands of dollars by investing in alt coins.They are experienced for which they have successfully invested in various alt coins with potential. There are many fake coins among alt coins especially those that are new to the market and after their arrival their prices increase significantly many of them are scams.

New alt coins in the market offer very attractive, low prices, many people invest in new coins in the hope of high profits. At present Bitcoin price is above $50k, very cheap new coins are entering the market with a lot of pump to focus on Bitcoin price increase. Many are falling into the trap of new projects, investing in fake projects and losing money. A lot of altcoins pumped up during the Bitcoin bullrun, so we need to be smart about investing in the right coins. I am optimistic from alt coins, a lot of money can be earned from here too if I keeping investing in coins like Ethereum, BNB, Solana and hold it.

Every person cannot think alike and it is not possible that every person will think exactly same as other thinks. In my opinion altcoins are good as well as bad depends on their nature and rate of success.

You can get benefit from altcoins if you search well that which coin is Suitable under such conditions. Take Solana as an example that it was not a successful coin in past but now as its rate is increasing so everyone wants to make investment in it. Same is the case with other altcoins if you find a coin successful then don't hesitate to invest on time otherwise you will miss the opportunity.

So what exactly did you decide? Although it's not important, we should be aware of the times/technology, and i see a lot of opportunities available there, it just takes tenacity and patience because I find it difficult to practice but easy to live.

New altcoins pump now with different list and sometimes this coins might serve as ponzi scheme where as investors will put all their money unknowingly. I believe people behind those new projects just know the time to launch and create new tokens, this is just like a trap and they decide to launch the project now when we're getting close to the bull market. People will be easily deceive due to the fear of missing out  but those real investors will never fall for this trap, some investors might still not know due social influencers that's why it's advisable to do your own research first before buying any token.

Just like we know that Bitcoin has about 52% dominance in cryptocurrency while altcoins take the remaining 48% dominance.
This shows that Bitcoin is the have more potential in the market than the altcoins market but that does not matter because there are many altcoins in the market that have good potential in the market to create frequent liquidity and do well in the market.
Once we know what we are doing, we can select good altcoins and invest in them.

for me it’s definitely important as it eases a lot of things in the market even if you don’t use altcoins and you don’t find them important, it still has its own purpose and plays into the market more than you think it does

altcoins are options that offers faster transactions and cheaper fees compared to the top cryptocurrencies like btc or eth it is also relatively cheaper in general and there are a lot of kinds of altcoins that serve purposes that btc can’t

If you are a trader, you will definitely prefer altcoins to grow your money. However, if you want to protect your money, you will definitely choose Bitcoin.
Therefore, altcoins are very important for technological progress, as well as for the financial progress of traders and investors  ::)

Of course, altcoin is really really important. It’s a good project for me if you you are not being scammed, so many altcoin out there that can grow your portfolio. This is because there is some good projects that may not be listed in the CoinMarketCap, or even if it is listed in a CoinMarketCap attention, and the intensity of the project may not be much, but is a good project. that is why so many people that usually find out this kind of project and invest early on it by the time that is a little grow or increase a little move they make most of the money life for example, what happened to Shiba yesterday and today Shiba almost doubled the original price so altcoin also, I wouldn’t advise you to invest only in bitcoin no spread your money. You don’t know where it can favor you perfectly well from I have so many facts that I can be able to prove for you. So, therefore, altcoin is so important for an investor. I just wanted to take notes that altcoin is something you should have in your wallet permanently, depending on the project you are targeting.

Bitcoin is only main coin and rest of thousands cryptocurrency are called altcoins. If you don't like altcoins means you only investment in Bitcoin. Is that right when there are potential altcoins also available for investment? And altcoins are different, each catageoy are different. Potential altcoins can be hold for long term. There's no problem. And some altcoins can be trade for long also but some altcoins should be buy fast and sell fast and some shitcoins never should buy. There are so many thing. You can't describe altcoins industry just in one sentence only

Blockchain systems continue to lead the way for altcoins, and Partisia is no exception. Despite its recent listing, Partisia demonstrates immense potential that's impossible to ignore. Its innovative approach to data privacy and security through Secure Multiparty Computation (MPC) sets it apart in the blockchain landscape. As more investors and developers recognize its capabilities, Partisia is poised to make significant waves in the cryptocurrency world. With its robust features and forward-thinking technology, Partisia has the potential to become a major player in the altcoin market in the near future.

Although I do not trust most of the altcoins projects on the market, I am convinced of the importance of these projects to some extent. Many may share a bad perception about altcoins because the huge number of scam projects and how much risky are those investments.
Altcoins are an important component of the cryptocurrency ecosystem as it's offering a wide range of advantages like: offering diversity of innovation which will surely can be accessible for a wider audience/the potential to generate high returns from trading or long-term hodl/enabling startup projects that are promoting decentralization which will enable growing new communities.

Perhaps a lot of people missed the opportunity of investing in bitcoin while it was at it's early stage and thus altcoins as the name implies are there to act as bitcoin in the aspect of making your the expected profit which you would have gotten if you invested in bitcoin from the beginning.

Bitcoin has some flaws and altcoins are here to cover up for this flaws which it has, as Ethereum for example is an alternative coin that was coined as a result of the flaw of bitcoin having limited supply which is 21million and now Ethereum trying to cover for bitcoin was created in a manner that if doesn't have a limited supply, what it's saying essence is that the more the population of ethereum adopters  the likely they are to realise a new number in other to reach us all.

Another example of importance is when the network is congested altcoins are used for payment as a result so it does count.

In fact, there are many altcoins that are used to provide the world's latest innovations with blockchain technology. Now we can see that Blackrock has started using blockchain technology and will launch its own altcoin.

That means altcoins can indeed be a bridge for technology in an increasingly advanced world.
However, the problem is that many projects are forced to stop due to lack of investor interest in certain projects. There are even fictitious projects that only want to make a profit from investors' money and then don't develop the project any more.

Altcoins are important because the serve alternative purposes, I believe the creation of altcoins has also help Bitcoin too to stand strong in the market, people now believe that Bitcoin is real, the diversification aspect too is a good and important features of altcoins, though there are many strategy to invest in Bitcoin but altcoins are very cheap and because of this, people has decided to give altcoin a trial in terms of investing in it, there are many available choices in altcoins investment so it is left for the  investor to chose, there is know excuse for not investing in crypto.

Cryptocurrency is important, it have saved us most times, never stop having positive mindsets and rolling with likely connected people in the market. Bitcoin is real and may investors have made quite substantial profits from the projects. What really matters is having timely piece of information related to these projects before the trends starts running. I'm not a fan of scalping, always make sure my trading are longterm and promising as usual, not holding out but doing the impossible moved discretely in the market.

It is true altcoin give people something to compare with bitcoin but the whole altcoin market just split the liquidity from bitcoin market. But i agree with this Opinion that altcoin market is important and it helps to evolve the industry and motivate to do innovation. The more time passes by we are seeing new concept and technology is being introduced to the market which is helping to bring new money.

Op you are right from your point of view. I already invested with a lots of altcoins and most of them turned into scam or dead coin right now. But yeah, many altcoins also gave me profit to. So I can't ingore the whole altcoins sector. Rather it will be wise to select good altcoins which have less possibility to scam and more possibility to generate profit for you. Otherwise you'll be scam by altcoins. So be conscious before investment

Promising altcoins will step up for bold steps. Always be conscious whenever you're infront of altcoins because they have the tendency of pumping high and also dumping heavily. Altcoins, not all of them are promising, we know the projects that will make terrible moves and end up being shareable. Investment are only main for the top whales that can comprehend any market condition on their way. If an investor keen on making huge profits in the market, there are more chances to do so with appropriate strategies.

One of the functions of research is so that we don't invest in the wrong altcoin, in the sense that the price of the altcoin continues to fall and in the end it has no price.
I don't have day trader or short term investment skills, so I decided on long term investments. Yes, buy when the price is low then hold for a long time until the target price is reached.

well, not everyone can take advantage of bitcoin because of its high price, and sometimes people also target higher profits using minimal capital, so they will choose altcoins over bitcoin. Apart from that, currently there are still many altcoins that also have good potential, such as popular coins. This makes many people choose altcoins as a long-term investment.
Personally, I also use altcoins more than bitcoin to seek higher profits in a short time. However, until now, utilizing altcoins has been a pretty good thing to increase profits

I'm curious as to which flaws does Bitcoin have? If you mean scaling issues, that's no longer a problem thanks to the inception of L2 networks (like the Lightning Network) and sidechains. And the transparency of the Bitcoin Blockchain is more of a feature than a bug. It helps us detect criminal activities on-chain, which is not possible on privacy-focused Blockchains. Corruption can't happen on a transparent ledger anyone can audit.

Altcoins are only there to help test out  new features before they're launched on the main Bitcoin Blockchain. They're also an avenue for investors to make money if they get in early. Those who missed the "Bitcoin train", now see an opportunity in altcoins to achieve financial independence. The term "altcoin" will continue to be used as long as we have cryptocurrencies that are distinct from Bitcoin. Some projects will die, while others will last a lifetime. Just spend your money wisely, and there should be nothing to worry about. :D

If you have gained profit from altcoins and your profit is greater than your loss then its okay you are in profit so forget about the loss. There is also a way to make identification about altcoins nature but for it your experience and knowledge will work better.

There are unlimited coins in crypto market but we have not to choose all of them as there is a huge percentage of scam projects so invest with great care and give time to experimentation.

Since we have the opinion to invest in non Bitcoin projects which is altcoins, we can decide to invest part of our capital on Bitcoin and put the rest in altcoins. This is going to help us benefit from the market more if we understand the market and know how to share our investment well so that we can benefit massively from it. There are plenty of altcoins we can put our funds and make money if we know how to select good projects and out reasonable money on them to earn more from the market.

Perhaps the choice of word is the misconceptions here, its obvious that bitcoin doesn't have the said flaws but in a common sense bitcoin is not as private as monero, which is another feature that bitcoin can't offer.

So, I don't know if I should classify that as a flaw that bitcoin has.

It may not be as easy said than done as per buying the dip and sold faster,  greed has made a lot of people to be  scammed why attempting to make quick money, what am trying to say is that most it can be very difficult to determine the level at which you may want to fast sell because you would want to make a bigger profits and thereby get disappointed when the market will drop down again and some will never go up again , that is why involving in other coins others than Bitcoin is more risky, for Bitcoin no matter how much it goes down it must surely go again. So don't over allocate your funds in other coins, than in Bitcoin.

Buy the dip and sell faster can be seen as gambling. The truth is to what extent are you willing to hold, or ready to sell because waiting for price to rise at times is misleading as you might get overwhelmed with price increase, greed kicks in. So after taking into consideration this two factors it will guide you on how you go about it.

We have seen some coins crash and many investors liquidate this period, this is a call to all, to be cautious of the coins you invest or risk your money on. Ensure you have plans and play within your risk tolerance level, don't let your holdings and believe in altcoins consume you, Bitcoin is still the king.

Yes altcoins can give you high profits than Bitcoin when they do very well and don't scam but the problem is that alot of altcoins are scamming their investors therefore it becomes difficult to identify which altcoins is real and not a scam. The altcoin that are very popular and listed on big exchange for their IEO won't give you a big profit unless you have large amounts of investment money to put in buying the coins from the day they launched but alot of investors don't have that kind of amount.

Therefore they buy unpopular coins with little money and they hope for them to become popular and give them profit but alot of them fail and others scam therefore investing in altcoins to make money become difficult for many but regardless of all this, altcoins are every important in the market as they help in doing things Bitcoin can't do. They help to give us bigger profit that it'll be hard to get from investing in Bitcoin.

High profitability is just one aspect of the value of Altcoins.

I believe Altcoins are truly important in the crypto market because they come with technologies with (high speed, low cost, smart contracts) to meet user needs or promote on social media (memecoins). Most importantly, Altcoins help make the crypto market more vibrant, give investors more choices, and allow money to flow between BTC and Altcoins to create stronger growth and longer uptrends.

After the advent of Altcoins, the market has seen many narratives such as Layer 1-2-3, DeFi, GameFi, SocialFi, NFT, Metaverse, RWA, DePIN... these are things that BTC cannot create on its own. Crypto is just one side of the coin, the other side is blockchain technology, and I believe that new potential projects that are launched will actually be widely adopted in the future to bring more value to society.

actually people know this fact that they should only investing top potential altcoins which can be considered most safe and secured (although can't guarantee 100%). But these bring lower return at the end as these are already pumped a lot to gain top position.that is why instead of those top potential altcoins, people also interested in low rank altcoins and shitcoins. That's why you will see someone is Trading a shitcoin no matter if that coin is rank 10000th. If they lost, they lost but sometimes they gained huge profit that make him rich. And nowadays people are searching for such altcoins. That's why memecoin and many shitcoin get popularity and many potential altcoins are underated. Whatever it is advised to choose altcoin wisely

Hoosat Network's Coin Supply and Distribution
The Hoosat Network has a transparent and predictable monetary policy designed to ensure long-term sustainability. Here's a breakdown of the key points:

Total Coin Supply: The maximum supply of Hoosat coins is capped at around 17.1 billion. This finite supply helps control inflation and maintain the value of the coin over time.

Fair Distribution: There is a 360-block pre-mining phase, which equals 100,224,000 HTN, constituting 0.58% of the potential max supply. The total max supply is 17,185,510,833.03 coins if we assume 1 block per second.

Locked Premine funds: There is a locking period of 20 million per year, which means the premined funds last at least 5 years. If the locking period is required to be broken, it will be put to a community vote.

Regular Halving: The block reward for mining new coins will be subsidized every year. This process gradually reduces the rate at which new coins are introduced into the network, further contributing to coin scarcity and stability.

Long-Term Sustainability: With a total subsidy cycle of over 65 years, the issuance of new coins will reach zero in 115 years, ensuring a predictable and sustainable long-term supply.

Blockchain launched: The network was launched for public access on 8th March 2024, at 14:00 UTC.

Block Rewards: Assuming a block production rate of 31,536,000 blocks per year, the block rewards will follow a predictable subsidy schedule. You can find more detailed information about the specific block reward schedule on the next page's table.


Tokenomics of the project is amazing and in any case we will reap success with this.

If you are into altcoins short term hodlers, you will enjoy altcoins investment because it will allow you to make a good profits that will encouraging you to remain in altcoins short term investment.

Do you know, there are some altcoins you can invest now and hodl, once their price begin to pump,you can use the period to sell to accumulate your profits despite the profit will not be big like those into long term hodling.

But if you want to go into long term investment, I will advise you to make ETH and BNB and it will help you to achieve what you want because they always pump whenever BTC price is pumping from the market.

true that's why we should invest with good and top coins cause these altcoins don't pump and dump so heavily like so called shitcoins. But as an investor, i love experiment. I already invested with good and potential altcoins to become safe when its come to profit. But apart from that, i also invest in new altcoins and memeocin with little money. Lots of altcoins scam but some altcoins pump a lot and recoverd all loss and can bring some profit too. Cause If everyone buying old, then who'll buy new altcoins?. Although i don't advise anyone to follow my step. This step is for them who have good amount of money and like to explore new altcoins.

     If you don't like altcoins, does that mean you only like Bitcoin? Well, that's your choice, but there are more opportunities in top altcoins and new crypto projects. Louder earners in altcoins, actually.

     I actually get the majority of my earnings from altcoins, except for the bitcoin that is paid to me in the signature campaign. Then that is also the reality that I see in most people here in the crypto community.

In my Own opinion I think one  of the importance of altcoins is that it  makes Investor's to get quick profit from their investment, secondly is good for short term investment, this are the few importance I know about altcoins, I don't know about other people. I will like to get your opinions about the important of altcoins, though I'm not a lover of altcoin just want to give an instance.

Yes your are right and it is important for those who are interested in it and using altcoins. Most people make quick money from altcoins while some invest in it because the price is low and the transaction fee is low so many buy altcoins and convert it to a y of the major coins in the cryptocurrency. Remember not not everyone likes altcoins because the risk I'm altcoins is much more than bitcoin and Ethereum or Solana.

Those who are not interested in long-term projects like Bitcoin are mainly investing in altcoins, and many are also investing in altcoins because of their cheap prices. You should exercise caution when investing in alt coins that promise very quick returns, as such investments often carry a high level of risk. While it is possible to make quick profits in altcoins, there is also the possibility of losses. But there are a number of altcoins like Ethereum, BNB, Solana which are suitable for long term investment like Bitcoin.

This is the reason why most of the people are interested in altcoins investment as they cannot wait longer and find a quick way to make profit from new altcoins. Such people are taking risks by investing in new coins but they don't invest in Bitcoin while I will always say that if someone doesn't have any experience then they should not dive directly into new altcoins investment.

Bitcoin price is very low so if someone invests now and in a few months it pumps to reach 70k$ then you can get a quick profit from Bitcoin too. You should keep in mind that your investment is for a longer time but it will be better if you sell when you have profit so your profit will be more than expected.

Right. Altcoins are important. If there's no altcoins, the there will only bitcoin where People would normally trade with it like other stock markets. Scammers weren't bring new ico, ieo, ido and 50% marketcap could deducted from whole crypto industry. I think because of altcoins, more people are coming here and crypto market is getting bigger. So altcoins plays significant contribution for crypto industry. And if we stake on right altcoins, then it is possible to take huge benefits from altcoins investment

Altcoins are a general term for every cryptocurrency excluding Bitcoin and it's not a good idea to generalize the experience in a particular coin to all of them. It's like being sent an inferior product by an instagram shop and calling the whole online business worthless and scam.
There are coins that die, are scam, don't work, can't keep up competition. That's why investors needs to be cautious and attentive when choosing a coin. They should build a diverse portfolio that includes different genres of coins. They should also occasionally reanalyze and readjust their holdings.

Altcoins can be a good medium for those investors whose long-term investment horizon is relatively low. Some currencies may give very good returns in short time interval in which case observation and price history must be known before investing. The big advantage of investing in altcoins is that its price is much lower than Bitcoin, that's why many small investors are interested in investing here.Despite the high risk some small investors may prefer to keep their investments in alternative currencies.

why don't you give reasons if you don't like altcoins?? because I think everyone must have altcoins other than bitcoin, except meme coins and hype coins. and in my opinion there is no altcoin scam because there is only people's carelessness that makes them lose in alctoins scam. because there are so many altcoin choices that you can invest in in the crypto market which have the potential to develop in the future.

For people who don't have a lot of money, altcoins are a good choice as a short-term investment to make a profit. But not all altcoins are promising and can provide profits. Therefore, we must be wise in choosing altcoins to invest in so that we can avoid potential big risks and losing our money.