The best coins are not in the top, are still undervalued. Take a look at DMD's last year performance:  It has incredible specs:  Highly profitable with lots of growth potential! |
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BTC has lots of tech flaws and some altcoins are ready to fill those gaps. Take a look at DMD: Impressive, isn't it? |
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Sure buy altcoins you know are cheap with bright future. Don't be totally greedy though, no matter how tempting it may seem. Go for altcoins with goals, ideas and high chance plus top security.
Good advice. But keep in mind most altcoins are nothing but digital trash, created to lure the newbies to invest into some stupid scam. |
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The BTC bubble might burst anytime soon or it might keep on growing for some more time. Who knows? But I truly believe these price levels are unsustainable for the long run.
However, BTC will never fade away as it has gained a level of notoriety that will make mainstream.
But about about regulation? BTC won't be like this for long, there will be an increasing pressure from the worldwide officials to regulate it, to tax it, to make governments profit from it too.
That is the real danger, and that is why it is wise to diversify your investments.
When the bubble eventually burst, altcoins will crash even more. Bitcoin will persevere, but most alts will die (become worthless). And that will be a good thing too! There are presently 1364 altcoins... WTF? |
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I don't think BTC can hold this price level for long without any kind of correction. But if it does, then a lot of altcoins will also be drawn to new heights. The best coin has to be one with lots of potential, not one already hyper valued. The ones at the top of the list might suffer from this mass histeria sooner than expected. This is starting to look like the days before the subprime crisis...  |
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In December 2013 there were 67 altcoins, in March 2014 the number had risen to 193.
Globally there are approximately 180 fiat currencies in the world but today we have 1364 altcoins....
Altcoins are thriving, not only as way to fill in the tech gaps left by BTC but also as a way to scam newbies with all sorts of crypto guru ponzy schemes.
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In December 2013 there were 67 altcoins, in March 2014 the number had risen to 193.
Globally there are approximately 180 fiat currencies in the world but today we have 1364 altcoins....
Altcoins are thriving, not only as way to fill in the tech gaps left by BTC but also as a way to scam newbies with all sorts of crypto guru ponzy schemes.
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Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
Read about it, take the time to investigate and don't just fall for crypto cult rhetoric advertising a new coins as the ultimate coin. Take a look at coinmarketcap.com; there are now 1365 ultimate coins! Take your time, don't invest on an impulse. |
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I prefer Kraken, but Poloniex is also a very good exchange.
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Before buy altcoins you have to buy bitcoins..Then transfer your bitcoins to an exchanger like Binance,Bittrex,Poloniex..There you can buy/sell altcoins as you wish..But learn well about trading before put your money in there..
That's not true! You can deposit fiat in an exchange and buy altcoins directly without having to buy BTC first. |
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Hello I am new to crypto currency and would like some advice on coins besides the big three. I was wondering if there were any specific things to look for when deciding on an alt coin. Also i was wondering what exchange is best for these. thanks
Study, devote a daily time slot to get yourself educated about the plethora of altcoins and related tech specs. Don't just invest money blindly or you might have a serious disillusion. |
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I measure profit in fiat, but I only consider it profit when I cash out.
Same thing here, I measure the amount of fiat currency I cash out. Most of my investments are in altcoins so the BTC pairing is often misleading. Let us not fool ourselves. You have to measure your profit in bitcoin and not in fiat if you are trading it with altcoin vs. BTC. You can only base your profit in fiat if you trade bitcoin vs. fiat. Don't give an excuse to yourself because you lose on trading. The moment you accept that you did a mistake the more you get better in trading. Until recently, I was a miner and a staker. Everything I mined was converted to fiat to pay for the electricity and to get my ROI on the GPUs. Once that was done, all my profits were invested in a PoS altcoin, namely DMD. Now, I'm generating revenue and selling minimal amounts for fiat. Obviously I have to measure my profits in fiat! |
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I wonder what will happen to ETH if BTC price plummets  ETH is an independent coin, sure, but if crypto investments credibility if somehow affected, than all crypto will suffer from that. Diversify, diversify, diversify! |
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The BTC bubble might burst anytime soon or it might keep on growing for some more time. Who knows? But I truly believe these price levels are unsustainable for the long run.
However, BTC will never fade away as it has gained a level of notoriety that will make mainstream.
But about about regulation? BTC won't be like this for long, there will be an increasing pressure from the worldwide officials to regulate it, to tax it, to make governments profit from it too.
That is the real danger, and that is why it is wise to diversify your investments.
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The number of altcoins listed in coinmarketcap.com keeps on growing; today there are 1364 This is a trend signalling the increasing number of scams out there. Be careful, 80-90% of these so called "coins" are nothing but ponzies aimed at stealing newbies eager to make a quick fortune. |
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I have tried my luck with at least 3 dozen alts, and I still have some amount of money invested in close to 15 coins. Right now the ones which I have the most interest are BCH, Deep Onion, Byteball, Bitsend, Litecoin, and Bitcore.
I used to have my investments scattered throughout a large number of altcoins, almost 20 at it's peak. But last year I decided to cut my losses and focus only on ETH (mining and holding) and DMD. So far, so good...  |
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I am still waiting for perfect altcoin, that
1) doesn't wait for to block to be mined in order to confirm tx, and therefore has truly instant transactions
2) has some sustainable retention policy, instead of keeping things in ever growing blockchain forever
3) with incentives to nodes, not just miners
4) with privacy similar to Monero
5) with functionality similar to ETH, but with ability to fix bugs in that functionality
Once it is out there, I will buy it.
Check out DMD: https://bit.diamonds/https://diamond-info.github.io/Network Security: 100% active POS + Masternode Block Time: 135s POS Current Rewards: 2.35 DMD / block. POS 35% and 65% Mastermode (MN) Minimum Stake Age: one hour Confirmation: 6 blocks (1 block for QuickTX) |
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Its better and safer to stick with bitcoins, I use alts just to trade with them and earn more bitcoins. I hold until I reach the profit, I have no intentions to hold alts for more than that. For me bitcoins are future, alts are just a side thing that is making crypto world more interesting and gives us a chance to multiply our bitcoins, I don't see many alts surviving the future, some od them are OK and its food to earn with them but bitcoin is number one for me and will always stay.
BTC will be part of the future, that's for sure, but there are many altcoins with a bright future too. I'm not sure about "safer to stick with bitcoins"... Nothing is that safe in crypto! It is a wise alternative to diversify, keeping a decent amount of BTC but betting also in some god altcoins, specially the PoS ones because they are easy to mint and easy to trade with a nice profit. |
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Thanks alot.
Will check it out.
Is there any other way?
You can buy altcoins in any major exchange that will accept fiat deposits. As simple as that |
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