Is it harder for altcoins to increase in profits now?

[Om.monata]

I think it is not difficult, because altcoin currently has a good price in the world of cryptocurrency and altcoin in the future will have an advantage. altcoin's current position is to be a counterweight to bitcoin.

[adam1230]

While bitcoin price is acting like crazy (like today) its really hard to get profits from altcoins.
Almost 8.000 usd reached today for bitcoin and i have still hope on alts too.

[geyayy]

Bitcoin's price is really pumping and dumping at the moment, but it is more on pumping. I am hoping for alts to pump like bitcoin so we can earn big profits and enjoy trading.

[cryptohunter]

of course not

pick good undervalued real projects and large returns will follow.

the part where i say real projects is real important though not just any marketeers promises and junk

[dirgayeah]

Not harder but that's like a luck.!!

But if you want to invest for high profit I only recommend Hacken and Ins Ecosystem.

It both have a good reputation now.

[cryptopuma]

yes it is too difficult to get profits from the alts right now because the BTC is mooning maybe in the first quarter of 2018 the alts will dominate.

[adriaymati58]

I think it's much harder. I had a coin and it reached rock bottom. I couldn't sell it even for the lowest price possible, only after a few weeks. There are many coins like that and that's the proof that not all altcoins increase in profit. You must have a good product behind it, or at least make people invest in it in high volumes. That surely does help

[Ertetert]

Yes, because there is much more of them now then in times when bitcoin only existed.

[3DBrushes]

If the alt is stronger it will recover back eventually after every dump just like Bitcoin but if you are holding shitcoins then they probably will be dead with BTC movements. We can clearly see some examples in the past like Siacoin, Digibyte etc. 90% of the alts won't even stay for a year.! lol

[Diablesfunis]

Yes, it's harder because there's so many alts right now that a lot of money goes to different places not only a few alt like maybe a year ago. Bitcoin situation lately doesn't help because people want bitcoin because of the high price, almost all my investments are losing value against bitcoin.

[AiloveYouks21]

Many coins earlier this year has 10x, 50x, 100x etc.  These are coins that are under 1 dollar etc. 


I been looking at a few coins that are under 1 dollar.  However the issue is the market cap for many of these coins are really high.  If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on?  Because everyone mentions look at the market cap.  Because where are the altcoins that are under 1 dollar where the market cap is low then?  So does that mean those altcoins that increased a lot in the top 25 all had a low market cap?  If so why did they have a low market cap?


Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less?  It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc.  I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now.  If thats the case, does that mean its hard for coins now to do that compared to earlier?

yes you are right, altcoin is now difficult to rise in price due to the influence of segwit2x bitcoin issue. we'll see later when the issue is no one is sure bitcoin prices will decrease and make altcoin prices rise.

[Hariz]

Altcoins will bounce once the market settles and the BTC bullrun is settled. The whole S2X drama shattered the altcoin market and the sudden rise in BCH added fuel to it.

[Aureliusy]

BTC is still gaining and gaining at the "expense" of all Altcoins. The Alt Bull run did not really happen.
Portfolio is 50% down in BTC value. (Should have switched) since end of October.

[NaissuR]

wait for the next wave of new comers, and the end of the fork
the market is more stable now

[coingrow]

The price of an alternate currency does not depends on its price per coin but also depends heavily on the market cap of that particular currency. Look at alts that have a low market cap as if more money comes into it, it should automatically increase your money invested into it.

[kaeluxdeuz]

It all depends on the market. You keep getting pumps and dumps, all altcoins are affected.
Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!

[okbit]

Once bitcoin's price stabilizes alts will begin to rise again. Now that segwit 2x is past money will flow into bitcoin and alts again.

[kingvirtus09]

Yes right now is very hard to predict alts that will go up we can see a good pump by early 2018 that time we'll increase our profits.. Hope you holding your coins.

[ujang1]

We must look at the capitalization of coins and tokens. It seems to me that this is the main factor for the speculative market.

[Madadam]

It is true to say that ETH is the best alt coin. Coins are as valuable as their endurance in the market. As is obvious, so far BTC and ETH are the ones which have proved their logetivity. In terms of other alt coins I would suggest buying for long term profits( short ones are risky - the pump and dump game will trick you at some point, no matter how good you are at speculating). I would look at the projects they are representing, their prospects on the market etc. For allt coin which is dipping at themoment I would look into AMB.