Should you invest in Altcoin?

[Sarisang]

Maybe in theory very easy to do, but if plunging directly into the investment then it is a hard thing to do. patient and withstand the most flattering way indeed in investing and reduce the risk of loss. but many people who sometimes still feel freaked out in investing despite already having provision for the theory.

[bittraffic]

Should you invest in Altcoin?  YES!

Definitely YES if the token is going to have some use in the future, you an always count on it specially if the team is working hard to having its product released and token to be valuable. Its not just bitcoin that you have to look forward to, you can also try the altcoins.

[@hosimanaka]

Present market condition is providing a unique opportunity to invest in Altcoin at good bargain! Bitcoin is selling at almost 40% less of what it's price was recently! The implication of this is that every other coin will dump because of decrease in bitcoin price!

Now is the best time for us to buy, the price of the altcoin is almost plummeting, if you do not buy now will ignore the best opportunity. The market will grow again in August this year.

[ivlvov]

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.

If you want to make a profit then you have to invest, but invest reasonably. You need to carefully study the project you like, study the white paper, familiarize yourself with the team and then make a decision.

[renes]

If you can choose a good altcoin rather than hyped coins altcoin investment usually better than bitcoin investment for the long term.

[DogmaF10]

Crypto has been known for its volatility prices, everyone involves in it has already knew it and also the risks. and i think altcoins might be the alternative way to invest beside bitcoin, it provides you with many choices. We only needs to choose the good ones which will bring us more income/profits

[oldminer78]

Of course, you need to invest in altcoins. In the future, you can make good money on this. The main thing is to choose promising coins, not shitcoins.

[Om George Kesurupan]

Should you invest in Altcoin?  YES!

Definitely YES if the token is going to have some use in the future, you an always count on it specially if the team is working hard to having its product released and token to be valuable. Its not just bitcoin that you have to look forward to, you can also try the altcoins.

yes, altcoin also many have a good future and a very potential future like Ethereum, NEO, Litecoin, EOS and Cadano
so it would not hurt you to invest in altcoin too.

[Jaranngincang]

Yes we have to invest in Altcoin for now because the bitcoin price is still low and has not increased by 10% so to earn profits in crypto, altcoin is the way for us to start investing because in altcoin a lot of crypto is increasing nowadays.

[DonTsTop]

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.

If you want to make a profit then you have to invest, but invest reasonably. You need to carefully study the project you like, study the white paper, familiarize yourself with the team and then make a decision.

I agree with these suggestions and they are good information to note before you invest in a coin.

[Experia]

for long time holding purposes it is good to buy altcoin specially if it has a good purpose. i am planning to buy helbiz since it is a utility coin and has a good project that is the reason for me to buy that coin.

[leosp139]

As you can see, choosing which cryptocurrency to invest in is a little bit like being on a hunt for a bargain. On the way to a safer and more regulated market

[Caladonian]

Exploring to another project is also not bad, diversion is another strategy inside this investment, while your assets is fallen better to buy another that also have potentials, I agree when you mention  that greedy is one of those attitude that bring failure to our investment riding with the train without knowing where to go is not the proper practice when you are in the investment business.

[loyaeskiron]

Actually this time is big chance to invest in altcoins, because mostly all altcoins now are having a very cheap of price value, so therefore we can only invest even a small capital, and if something there are some forms of capital losses, we lost only on a very small amount. But if those cheap altcoins we invested luckily grows their market price value so we can earn a lots of profits. So it is good to invest now and hold until market price grows.

[merchantofzeny]

It is risky and not for everyone but if you are looking for some quick bucks then alts are the way to go. BTC and ETH are more for storing. If you've already managed to earn some by holding to your BTC/ETH before, it's probably OK to set aside some for trading. Alts do skyrocket and crash far faster than bitcoin or ethereum.

Just do a bit of research first. At least even if you lose some money (and you inevitably will) you can tell yourself it was calculated.

[ztto]

I don’t see the reason why not invest in altcoin we are still in the early stages of altcoins important things is to do a good research before investing and try to find airdroped coins and not ico

[asdn192zhhhh]

There are also more reliable altcoins in terms of predictability of volatility. Not all altcoins are the same. You will not be able to invest effectively if you only use bitcoin

[Johnyz]

I don’t see the reason why not invest in altcoin we are still in the early stages of altcoins important things is to do a good research before investing and try to find airdroped coins and not ico

Invest on a great altcoins but yeah keep reading about that project so you will not regret your decision. Altcoins is a great solution for some businesses and transactions because of its technology so I probably invest even the market id dumpin especially with ETH.

[harbin55]

Yes, you should invest in the company of alternative coins because you can able to have a easy money on this without any effort. Just learn to wait and the income will arrives to your pocket.

[DevilCredit]

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.

for the evolving development of Altcoin, this will be very capable to be a coin that is very capable of producing far greater profits. because of the increasing Altcoin mining, it is very capable to make the coins so expensive going forward. so I tried to take a chance by investing in Altcoin.