Why invest in altcoin?

[StevenCS]

I think by investing in bitcoin will make more bigger profits. with low volume, we can get 10x easily.

[1715044777]

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[1715044777]

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[moshk555]

All 3 of them are the very good option to invest but the main thing is that Real Estate requires a lot of money to invest and the stock market is slow in giving profit Altcoins are new and can give good profit in short term that is why I invest in Altcoins.

[Grishanya1234]

Then that some alt coins show insane X, up to X30! Therefore, there is a chance to raise a lot of money! I wish all of them more investment, be attentive and patient! Have a nice day and good luck)

[insomnia79]

I think invest in altcoins mean support their project, if you trust their project can give impact to the world or the project can make you get a lot of profit in the future, you can join the ico or their funding. We need to always support the project because it will make cryptocurrency develop more and more

[kavindra]

each person has an investment objective and also to choose the investment, I prefer to invest in altcoin because it is easier than the stock investment. but maybe later on I also want to try investing in stocks

[ankit05]

My opinion, Altcoin is smart investment for short and long term. You can investment good altcoin and earn big profit in short term. But it's risky when you can investment without read whitepaper, roadmab, website. So you can check every details of ICOs. after that you can investment. I hope you can earn Big profit.

[Freezingel]

Because the price swing in altcoin is definitely better than real estate and stocks, you can't double or triple your money from stocks and real estate while you can do that if you invest in altcoin with low marketcap, heck even the large one went up a lot at the december bullrun, people want higher gain so that's why they enter crypto.

[januri]

I think, There are several advantages to investing in digital currency. Digital currency is still a little-known business, some investors. Short, medium or long term investments are enough to save savings. And If we are comfortable investing in altcoin why move in real estate. both also have the same potential loss so I think it depends on ourselves.

[cryptocat15]

Some altcoins offer passive income

passive income from altcoin is like a divident by a company for their shareholders. That means just buy keeping altcoins in your wallet you can earn money. This is part of new DPOS technology offered by some altcoins. Example: Ark Coin.

So you may ask me, what if the altcoin didnt succeed? Sure this can happen, but there is an other side, not all are gonna fail isnt it? some are gonna be huge success which can make you a billionare. So how could we identify the correct altcoin which is gonna be a success. sadly there isnt a single failproof method to it. All we can do is that finding out a couple of coins which has a high potential for success. and divide and deposit your money on it. Imagine you deposited your money on 10 altcoins,and 9 failed and 1 succeed , but that gain from 1 coin might be enough offset your losses on other coins and make a you billionare.

Thank You!

[cryptocat15]

Naive and sentimental investors

Most of the people who invested in bitcoin are naive who just went along the Bitcoin hype, "everybody is investing in bitcoin, then why not me?". I can bet you that, most of them doent have a clue about the underlying technology. i.e BLOCKCHAIN. So the problem is that, reason why they invested is not because they are "amazed by the beauty of block chain technology" but simply because 'everybody is saying about bitcoin' 'celebrities saying good about bitcoin'. I hope you understood the problem, if everybody or even a celebrity started saying bad about bitcoin, they will run for their money crashing the price. Compared to that, altcoin users are more technically oriented ones. They know about blockchain, they know about the technology that particular coin is offering, and they are betting on that uderlying technology, not on some mass speculation.

Thank you!

[metazort]

I already have experience in investing in real estate and altcoins. We must invest our money into some places. So, if you compare, investing in altcoin I doubled my profit 2 times in about two months.

[cryptocat15]

Bitcoin could be overpriced

Every tradable asset has two values, its intrinsic or true value, and the speculative value. Speculative value arise when people consider that asset as an investment fro future on the hope that, in future its price will increase. In the case of bitcoin we dont know the true value, but in most possible way it could be much less than todays price. Reson? Have you ever seen people using bitcoin anything other than for investment?As a currency for buying groceries? paying bills?.So if you bet your money on bitcoin now ,there is a high probability that, its price could drop to its true value, losing your hard earned money along the way. But if you consider altcoins, for most of them, price is much lower, possibly near or much less than the intrinsic value of the underlying technology.

thank you!

[cryptocat15]

Hi,

A crypto currency also referred to as altcoins or digital money is a medium of exchange just like any other currency. Crypto currencies are basically regulated by the principle of cryptography. The principle of cryptography works by controlling the creation of new coins as well as securing the transactions. The first ever crypto currency to be created was Bitcoin in 2009. At the moment there are countless other crypto currencies in the market.

Crypto currencies are not under any centralized statutory regulation. This is unlike most governments currencies that are monitored by a centralized banking system like the US dollar under the Federal Reserve System. Whereas crypto currency is a new invention, the concept has been fully embraced across the globe. But the question worth asking is, are there rules of trade and security when dealing with crypto currencies? Well, regardless of the answer, here are some of the most valuable tips for trading in crypto currencies.

Thank you!

[cryptocat15]

Invest long-term

Following the crypto currencies market trends and learning how to read and interpret the charts can be very rewarding. It's advisable to track investment in real time and avoiding rush decisions based on perhaps temporary momentary fluctuations. It's highly advisable to invest long term.

Thank you!

[Wish 107.5]

Investment in altcoins is one of the most definite way to get rich easily in the crypto world. The percentage of this possibility is even higher if one can dive straight into trading;be it day or long term depending on the factors that surrounds the personality in question. Here, one has to justle out which of the options won't bring regrets later.

There are many reasons why we should invest in altcoins, one of these is, there good altcoins; which are capable to give you high profit; thus you should do research before buying and investing.

[cryptocat15]

Steps to invest in an ICO

Transfer your ETHER or BITCOIN to wallet from the exchange:

The reason for this is that when you use a centralized service such as a company like Coinbase/Unocoin/Poloniex, you do not own the private keys to your bitcoin or ether address. The way the ICOs typically work, you send them your ether or bitcoin, and the smart contract immediately sends the tokens back to your address. But since you don’t have private keys in Zebpay or Liqui or Coinbase account, if you send ether or bitcoin to an ICO address from your exchange account, you’ll simply be enriching the exchange instead of getting your desired tokens.

If you’re using ether, which is commonly accepted in ICOs, you can use a site like My Ether Wallet to create a new Ethereum key there and transfer your ethers on Coinbase to that wallet. Another option is Parity, which enables you to do things like invest in an ICO at an exact time — a feature that you might want to use if you believe the ICO will sell out within seconds. Once you’ve transferred your coins to a user-controlled wallet, you’ll have an ether or bitcoin address whose private key you control — and that means that you’ll be able to receive tokens there as well.

The token sale will post an address where money is being collected during a certain window of time. Be very careful that the address to which you are sending coins is actually the address of the token sale. Scams trying to get people to send their ether and bitcoin elsewhere abound. In fact, yesterday, during its ICO, Coindash.io’s website got hacked, and the crooks appear to have made off with $7.9 million worth of ether simply by changing the address on the website to their own.

You will receive the tokens based on your contribution.

After receiving the tokens, you can transfer it to Liqui.io or Binance or EtherDelta.io to sell those tokens if you feel like and get BTC/ETH in return.

Thank You!

[MarkNem90]

In real estate it is worth investing to save your money. By investing into the crypto currency, we want to earn and earn good interest. Up to 1000%. Is it possible to get such profit from real estate?

[f4t4l]

because some coins can really grow several times.why not take a chance to profit several times larger than your investment?I don't understand.

[canej]

because it is profitable!the main thing in time to choose a coin in which you want to invest and in which you can invest heavily and thoroughly

[South Park]

Investment in altcoins is one of the most definite way to get rich easily in the crypto world. The percentage of this possibility is even higher if one can dive straight into trading;be it day or long term depending on the factors that surrounds the personality in question. Here, one has to justle out which of the options won't bring regrets later.

You have a chance to become rich if you invest in altcoins, but make no mistake it is not easy if it was easy then everyone will be rich in the forum and the last time that I saw a small survey about the amount of money that people had most people had less than 0.1 bitcoins, that should tell to you that most people in the forum have not become millionaires because of altcoins.