why altcoin is a bad investing?

[jeraldskie11]

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?

For me, not all altcoins are bad in investing. There are many altcoins which their developers are seriousing or not seriousing in it. Investing is very risky so you need to be careful before you invest and professional trader always do that. In fact, they study the blockchain project first before they invest on it to minimize the risk of their money.

[Armstand]

Speaking of altcoins there are a lot good project out there, not just altcoins.
In fact I just diversified my investment into altcoins, I have a lot of it for long term holdings, I focus now on a newly
finished ico as they have more room for improvement, but we never really can tell what will happen so it's a gamble.

There are indeed icos now that are lots of potential and into development, it will only just the matter of time that can tell if their alts or newly created alts were really worthy but we will never know unless we try. And as far as I see in some previous ico,their alts now where successful and can be seen in bittrex.

[Nanda Dewi277]

I think to invest in Ethereum very profitable. Why did not you try to invest in Ethereum?

[nasipadang]

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?

Because of the amount of altcoin and some altcoin that will decrease in value if you hold it very long not like bitcoin, there are some greedy altcoin devs that see the benefits only and there are also some shitcoins that make big losers for investor

[Pearls Before Swine]

>>williamevanl

You are right!

World is wide...

Yes, but this is an English speaking board.  And the only reason why it's currently infested with non English speakers is because they are incentivized by the signature campaigns.  And thus you get ridiculous posts by ridiculous posters in ridiculous threads such as this.  Another vague question that any stupid foreigner can shoot their diarrhoea all over as if it were a bedpan.  But it's not.  It's bitcointalk!

The OP here can't even formulate his stupid question properly.  How about "why are altcoins bad investments?".  Nope, too fucking difficult.

They're bad investments because they're all pump and dump schemes designed to suck every last satoshi out of your blackened non English speaking butthole, and you all love it.  You asked for it, so you get what you deserve.  And now all of you whiners complain about volatility.  Give me an American break.

seriousing or not seriousing in it.

Beautifully phrased!!

I think to invest in Ethereum very profitable. Why did not you try to invest in Ethereum?

Also beautifully phrased!!!

I just done investing some alt-coin and I have earn on trading it by x5

And yet another bit of Shakespeare!!

[ticterine]

AltCoins are generally bad investments because 90%+ will not survive.

[USBitcoinServices.Com]

Perhaps for an altcoin to be a bad investing, are those that do not show escrow services, identification of their team, etc. But for sure I can suggest dentcoin, which is all about mobile data disruption. they are having their ICO this July 12th dentcoin dot com.

[MWesterweele]

AltCoins are generally bad investments because 90%+ will not survive.

Yes that could be happen. And if you dont know how to read games and coins truely their have been more chance that you will invest in wrong coins and may lose your money.

[meliodas]

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?

It isn't bad investing. Yes there are shitcoins that just rise like mushrooms. Some of them will survive and some of them will die soon.
So I think altcoins can be hold for short term only like we never know what will happen to these coins. It's also good to have some readings and study what are the best coins to invest.

[ardentvolcanoes]

Hi everyone prefers bitcoin and litecoin. i am curious to know why altcoin is a bad investing?

For me, not all altcoins are bad in investing. There are many altcoins which their developers are seriousing or not seriousing in it. Investing is very risky so you need to be careful before you invest and professional trader always do that. In fact, they study the blockchain project first before they invest on it to minimize the risk of their money.

deeper knowledge regarding to a certain project will allow each of us to support or withdraw our investment I think nothing is sure inside crypto investing
its all about trust and good assessment, the more you carefully study the coin project  that you support the more potentials that you will be able to gain
some earnings or lessen your loses.

[dobol]

i think thats not all true if u say "bad investing" coz investing is all about time, how you manage your time to make some investment..

[yonghongtang]

Altcoin is still worth investing,like ETH, it has the potential to surpass BTC .
So if you choose the right coin , it's a good investment.

btw, LTC is just a clone of BTC, has not any development  for years.I never invest in it.I don't understand why this kind of coin could No.4 .

[mace15]

i think thats not all true if u say "bad investing" coz investing is all about time, how you manage your time to make some investment..

Yes there is no bad investing really, just choose right altcoins that worth to invest your money. Many traders already got rich and earn huge profit when they invest their money. It is a matter of a right choice to invest and not all altcoins are not worthy.

[Fatoshi]

>>williamevanl

You are right!

World is wide...

Yes the world is wide and now crypto has Nigerian Scammers
 

[klf]

i think thats not all true if u say "bad investing" coz investing is all about time, how you manage your time to make some investment..

Yes there is no bad investing really, just choose right altcoins that worth to invest your money. Many traders already got rich and earn huge profit when they invest their money. It is a matter of a right choice to invest and not all altcoins are not worthy.

Every investment will have some risks but we need to choose the correct one and shouldn't be very greedy to book your profits. Altcoin market is very volatile so if you buy a good altcoin at a right time then you will surely make a good profit from this investment and should learn to book profit now and then instead of keeping investments for very long by expecting more and more profits.

[evader11]

There are so many altcoins and for me it is not bad for investing but there some are bad for investing because there are many altcoins that not developed seriously. Examples of best altcoins for investing is: Ripple, Ethereum, Doge, Litecoin, etc.

[asepsetiawan1990]

After I noticed, it's alt coin has a share that is less large to be able to compete with bitcoin. In my opinion. Why alt coin is sometimes still considered normal by new people in cryptocurrency because of too many types of coins. This can confuse and break the concentration for the person who will be investing. Different from bitcoin. When people hear bitcoin. Only one thought is bitcoin.

[arbitrage]

AltCoins are generally bad investments because 90%+ will not survive.

Then you must pick those others 10%, and you are good. In general you are right but i disagree with you, altcoins are good and they are necessary alternative to Bitcoin disadvantages.
I don't know why people still have great fear from alts? Sometime i think this is ridiculous, but ok "Who Dares Wins".

[13abyknight]

The current market with the addition of newer coins is very volatile which could result to more number of pump and dump coins rather than stable altcoins. With the BTC hard fork coming about in 3 weeks time, it looks like all the altcoins will take a hit from this and you can expect them to crash badly.

[Prodigan786]

I don't think investing in altcoin is bad idea . Better you should have done good research before investing altcoins there is lots of coins having potentiality and they contribute some services to particular section . You have to find potentiality of coin.