Should you invest in Altcoin?

[commentsbit]

I don't think it should be in altcoin. because there are still many other coin-coins that might be dumped. but then I tend to prefer to use bitcoin compared to altcoin.

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[A.H.Rassel]

Bitcoin or altcoins are both profitable because in the near future the cryptocurrency will be used across the world, so invest the money you afford to lose.at this moment bitcoin the best choice for investing money.

[shendy]

Currently, to invest in bitcoin so that later if the price goes down it is not too disappointed, because the market is also less friendly, many altcoins are red and down drastically.
Just a little patience to be profitable, and if you want to invest choose a coin that still has good potential, I think the market will improve for the next few months, not this month.

[baricuri]

If you have the ability to analyze the good coin selection then the investment in altcoin you will be able to make a profit, so follow me to learn how the analysis will be better for you.

[msbtrooper]

Recently, many Cryptocurrencies have been created and the rapidly changing market landscape, all investments in Cryptocurrency can be high risk. Even Bitcoin which is by far the most stable crypto also shows a fluctuating price.

For comparison, though, altcoin prices are more volatile due to low market cap, altcoin markets are particularly vulnerable to price manipulation. Investors who have a large capital called "whale" - often inject large sums of money into coins that have low prices to build sensations and cause the price of the coin to skyrocket. Once the price has increased, he sells their coins on the exchange with huge profits, making many other investors deceived in the process. This method is known as "pump & dump." This can not only hurt greedy traders who do not take the time to analyze their investments, but are often shown to cause altcoins to have short lifespan.

To avoid losing all your investments due to pump & dump, focus long-term investments on coins that you believe have great potential and show good health. Generally, healthy altcoin has a strong community, shows high liquidity, and has a team of developers who proactively improve the source code of the coin. The comprehensive loginitma of CoinGecko metrics analysis statistically analyzes these three important factors and ranks the coins according to the overall strength of the coin.

If you choose to invest in altcoin, it is important to remember some basic principles of investment. Avoid the hype from those distributed by the coin community. Every investor has an agenda, so it's best not to take their word round. Invest only on coins you have previously worked on. It is not wise to invest in something you do not understand. Making an investment based on the wrong information is a sign that you will lose your hard-earned money. Take the time to research the coins you would consider a long-term investment, and research the market situation before you try to become a high-volume short-term trader. Most importantly, never invest more than your ability to take losses. Too many people lose their life savings by focusing them on a volatile investment.

I think understanding the word investment is the first thing and also the way it is undertaken in the field of cryptocurrency. I believe that putting your investment into cryptocurrencies should be a long-term thing. It will certainly take time for the price of such altcoin to go up to where you can reasonably say you have make profit. This is what most investors fail to realise

[coinic]

If you have the ability to analyze the good coin selection then the investment in altcoin you will be able to make a profit, so follow me to learn how the analysis will be better for you.

Yeah, I agree to your point of view mate. As we here in crypto currency community we try our luck here and I'm prefer to invest an altcoins. Well, first I will find an altcoin in which have a huge potential in the future as it can be demand in the world of crypto currency.

Altcoins is one of the most demand coin that choosing by investors because it's more likely on bitcoin benefits and returned which it fluctuated high prices in just a short time.

[nazarovv]

yes. It really depends on you. Before investing in anything we need to do thorough research like read the whitepaper and everything we can about the project. Then we can come up with the best decision we can have.

[bebinonaa]

Thumbs up for you mate, yes all you have said are right everybody who are occupied with digital currency ought to put resources into altcoins. Step by step numerous altcoins show up and present in the market yet we should be insightful in deciding for our venture. Numerous altcoins are only a bit of junk and some are turning points which we have to dive in to know it's worth later on. Study is the key for every one of the financial specialists.

[Hobbledehoy]

You have really opened up an angle that not a lot of people look at. For me I think that people should invest in altcoins because bitcoin has grown a lot and with such growth the potential for ROI has reduced greatly but with altcoins that are still very cheap, they still have a lot of growing to do which means that you have a highr percentage of ROI when the coins starts doing well.q

[yayat]

There is no need to discuss cryptocurrency if you want to invest, because the investment desire is fully owned by you as the sole fund holder.

And before you invest in Altcoin I hope you understand exactly what crypotucrrency is, so as not to regret it in the future.

[GinXenPhengz]

You should invest in the company of alternative coins because there are lots of income in this field which raise them to change their current life status and become successful in future.

[pissuyakkuu]

Thumbs up for you mate, yes all you have said are right everybody who are occupied with digital money ought to put resources into altcoins. Step by step numerous altcoins show up and present in the market however we should be savvy in deciding for our speculation. Numerous altcoins are only a bit of junk and some are breakthroughs which we have to delve in to know it's worth later on. Study is the key for every one of the financial specialists.

[BitcoinTurk]

Especially in the last few days, we need to make a good investment during this period if we need to make a comment by adding the drops that we have seen in the last few days. We can easily understand that the period we are in is exactly the buying period when the strong points such as the bottom of the price levels, the market stagnation and the decrease of the volatility come together when we compares according to the past month. Of course, I also think that it is useful to make incremental purchases without getting bored immediately at these price levels, because it is very difficult to predict the direction in which prices will go during this period. For that reason, the advice I can make to friends who are willing to invest is: Be sure to make purchases every step of the way before entering the panic scene. After all, if one train escapes and the other does not escape, the option is always plenty for you.

[SpringfieldM1A]

thanks for advice. so I can say that the cryptocurrency market, you can transfer many of the rules of a stock exchange trade. they still work just as well.

Simply more like stocks and not different at all. Invest in a company or project you can trust with products that would bring real demand, and not just some project that makes no sense.
Anyone who can simply do this will be able to get the best from their investment when they decide to hold for the long term and will always know when to be out or when to be buying back at dips. It is the same way round, so in a way it makes sense to have some good long term trading knowledge to enable anyone make good decisions.

[clasifiedads]

Thumbs up for you mate, yes all you have said are right everybody who are occupied with digital money ought to put resources into altcoins. Step by step numerous altcoins show up and present in the market however we should be savvy in deciding for our speculation. Numerous altcoins are only a bit of junk and some are breakthroughs which we have to delve in to know it's worth later on. Study is the key for every one of the financial specialists.

If you invest in the coins that are doing really well you could make a bunch of profit from that. They are what is making the most money out here.

[Dandyhunter]

Alternative coins are very cheap compared to those prices that were several months ago. But I hope that the market will grow to the former prices and volumes.

[nelsledma]

Recently, many Cryptocurrencies have been created and the rapidly changing market landscape, all investments in Cryptocurrency can be high risk. Even Bitcoin which is by far the most stable crypto also shows a fluctuating price.

For comparison, though, altcoin prices are more volatile due to low market cap, altcoin markets are particularly vulnerable to price manipulation. Investors who have a large capital called "whale" - often inject large sums of money into coins that have low prices to build sensations and cause the price of the coin to skyrocket. Once the price has increased, he sells their coins on the exchange with huge profits, making many other investors deceived in the process. This method is known as "pump & dump." This can not only hurt greedy traders who do not take the time to analyze their investments, but are often shown to cause altcoins to have short lifespan.

To avoid losing all your investments due to pump & dump, focus long-term investments on coins that you believe have great potential and show good health. Generally, healthy altcoin has a strong community, shows high liquidity, and has a team of developers who proactively improve the source code of the coin. The comprehensive loginitma of CoinGecko metrics analysis statistically analyzes these three important factors and ranks the coins according to the overall strength of the coin.

If you choose to invest in altcoin, it is important to remember some basic principles of investment. Avoid the hype from those distributed by the coin community. Every investor has an agenda, so it's best not to take their word round. Invest only on coins you have previously worked on. It is not wise to invest in something you do not understand. Making an investment based on the wrong information is a sign that you will lose your hard-earned money. Take the time to research the coins you would consider a long-term investment, and research the market situation before you try to become a high-volume short-term trader. Most importantly, never invest more than your ability to take losses. Too many people lose their life savings by focusing them on a volatile investment.

Altcoins are quite good but always make sure that at least 50% of your investment money’ goes for Bitcoin while you divide the rest 50% for altcoins that you’re interested. No matter what, Bitcoin will always be better than altcoins and it controls major part of the market than any other altcoins will do, cause that’s the interest of many investors lies. Bitcoin can go up but altcoins may still remain down.

[Bitknick]

In principle, everything is true.  You need to avoid unnecessary hype and think with your head, especially when analyzing the project!

[ifirina]

Investing in undervalued coin with potential is the fastest way to multiply your investment. So, the only problem is to find such coin among others
But with current market situation you can buy almost whatever you want. All coins are with great discount right now.
So, my stratagy something like that:
1. I look through top 50 coins on coinmark,
2. read about project,
3. chose which ones I like on the high level,
4. analyze these project even deeper,
5. choose 5-10 coins,
6. I prioritize them in accordance with my strategy,
7. and finally I buy as many as my funds allows!
As simple as that

[Dm.Stepanoff]

At present, the risk of investing in altcoin is actually very high, because the whole market is always in a downward trend, and the policies of various countries are not clear.

agree with you. it is better to wait for a complete reversal and lose 10-20% of the profit. but significantly reduce the risk that the deposit will fall by 50 +%