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Author Topic: Should you invest in Altcoin?  (Read 3851 times)
Kelampok ijo
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June 10, 2018, 04:54:41 AM
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 #1

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.
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aliba
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June 10, 2018, 04:59:00 AM
 #2

yes it seems that it depends on ourselves if we are interested and able to hold in the long term then of course it is very good to do taoi if not I suggest do not once down to jump in that, .., because it could be you will get a huge loss and lose a lot of your capital is!
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June 10, 2018, 05:04:22 AM
 #3

Yes before investing in any project do proper research.

Read whitepaper , research on team and their partners , roadmap and some other things.
Dinuka
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June 10, 2018, 05:05:54 AM
 #4

I think it is a great opportunity to invest. But the problem is higher level of risk. Investing could be gain higher profits. So for the people willing to take the risk investing is a great chance
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June 10, 2018, 05:06:17 AM
 #5

We have lot of altcoins for now but it doesn't mean that all coins are worth to invest so choose the best coin to invest not based on the prices,just based on the quality and usage of that coin in the future.So yes we have to invest on the altcoins too to have a stable crypto market in the future because if we have only bitcoin then it will be unusable due to over demand.

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June 10, 2018, 05:14:04 AM
 #6

a very interesting technique in investing, and the most important thing in investing is to see the coin first whether it has a bright future or not, we have carefully avoided the big losses. especially now that we see a lot of altcoin down abruptly.

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June 10, 2018, 05:15:08 AM
 #7

There is always a risk when investing even in the traditional assets but likely to be less. Alts give greater multiple gains than BTC in just few months so that is why people are investing i it. People investing in BTC are just making the safe Bet. I had no problems buying alts since I started investing here, so I don't worry too much.

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June 10, 2018, 05:24:27 AM
 #8

I do not currently have to buy altcoin though with a very cheap price because now I see the development of each altcoin on the stock is very bad and unstable. this will make us frustrated if we are wrong to take steps. so we better wait for better time to invest!

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June 10, 2018, 05:32:42 AM
 #9

I do not currently have to buy altcoin though with a very cheap price because now I see the development of each altcoin on the stock is very bad and unstable. this will make us frustrated if we are wrong to take steps. so we better wait for better time to invest!

for now, indeed all the coins in an uncertain state, up and down on the coin is common. this is already a market habit to rise and fall. therefore our effort to achieve greater profits is to use a good strategy. to invest in Altcoin is a great strategy as a future Bitcoin alternative.
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June 10, 2018, 05:35:07 AM
 #10

 Undecided NO.  NO NO VEVER
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June 10, 2018, 05:43:17 AM
 #11

I think it is a great opportunity to invest. But the problem is higher level of risk. Investing could be gain higher profits. So for the people willing to take the risk investing is a great chance
I see it is to invest in Altcoin is currently very potential to gain much greater profits in the future. therefore I use Altcoin for investment, and the benefits I might achieve will be quite high in the future. therefore I hope bang from the results of my future investments.
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June 10, 2018, 05:48:35 AM
 #12

Altcoins is a right platform in short term or long term investment because number of altcoins are available in the market so we can choose our convenient coin. But recently all the coins are dump in the market so some investors are panic to invest in altcoin. Still altcoin is a worthy investment and this will make huge profit to me. Ethereum and EOS is well performed in current situation so we should invest this coin these two are more supporting in longterm investment.

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Sephire
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June 10, 2018, 05:49:15 AM
 #13

It is always a fine balance between risk and returns. For higher returns, investment in altcoins is needed over the safety of bitcoin. Top altcoins are less risky than the bottom ranked coins.
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June 10, 2018, 05:50:50 AM
 #14

In today's market, there are very few long-term projects. I'm not even sure that careful study of white paper and everything else will give confidence in the project. Recently I am extremely disappointed in cryptocurrencies. Everyone now can say that soon growth and all that. But it's hard for me to look at the fall of really good projects. I'm not talking about shitcoins. But in prices there is no logic. I can understand this, but it's hard for me to accept.
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June 10, 2018, 05:51:08 AM
 #15

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.
True, unfortunately a lot of people want a quick profit. it is affecting the presence of altcoin "pump and dump" is very rife. if we can not analyze a good project, we can fall into failure.
you are right, long-term investment is the safest way today.
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June 10, 2018, 05:53:14 AM
 #16

it depends on you if you want or need to invest or not. if you can live without investing then you don't have to invest but if you want to earn more money then you can invest but if not then don't. just always remember to research first before investing to avoid being scammed.
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June 10, 2018, 05:53:29 AM
 #17

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.

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June 10, 2018, 05:53:48 AM
 #18

Yes before investing in any project do proper research.

Read whitepaper , research on team and their partners , roadmap and some other things.
It's a must to invest only on the things you understand because in this market that full of risk you must be prepared for all the possible outcome of your investment. Its good to focus on long term goal but if you want to become a day trader with altcoins you must be knowledgeable enough to survive on this market..
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June 10, 2018, 05:55:34 AM
 #19

Yes if you do your research and believe in the project.

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June 10, 2018, 05:55:45 AM
 #20

I still invest in altcoins but in my own preference as not all altcoins will give us good profits. Although this is too risky, you need to research first if they are worth for your money and believe that the team will work harder for the success of the project.

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