Should you invest in Altcoin?

[Vishnu.Reang]

You need to decide whether it is worth taking the risk or not. Because during the last 6 months, many of the altcoins have gone down by anywhere from 50% to 95%. Analysts are already talking about the burst of the crypto-bubble.

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[Gimblaz]

Not all altcoins have a good future should be sure with your choice do research before investing money and sure power Altcoin like ethereum is good for long term investment

[Jombrangs]

Yes, 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.

[phamduc171a]

At last time I don’t even try to find best coin on the market. On my mind it is necessary to choose the coin from top 5 or 10 rating. It would be most reasonable decision that suits the modern situation on the market.

[ajqjjj]

Not all altcoins have a good future should be sure with your choice do research before investing money and sure power Altcoin like ethereum is good for long term investment

Altcoins are the future supporting platform and ETH is good for long term investment but not only this coin. Many best altcoins are available in the market so everyone research our convenience platform then only they will survive in long term. My suggestion is invest in two or more altcoins this will make good profit in future.

[hometester]

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.

[ibrarak92]

it is always necessary to study the coin thoroughly before investing, especially if for a long time

[zdvizh9090]

it seems to me if you are going to earn by means of investments, then to study coins completely it should be the main rule, at random you will not go far

[zolfa]

You need to decide whether it is worth taking the risk or not. Because during the last 6 months, many of the altcoins have gone down by anywhere from 50% to 95%. Analysts are already talking about the burst of the crypto-bubble.

what risk do you mean? if the risk of hacking, I think it has become a common risk in the crypto world.

the crypto bubble explosion is just a discourse that until today does not come true.

So, I see when the bearish market is a good time to buy a good altcoin.

[mabell943]

Yeah, you should invest in alternativecoin
because they are still reliable to use for the investors and at the same time they are providing a affordable price to the investors with good quality.

[bummm]

I spend the whole my time for searching best coins in which I can invest money with most profitable results. Main coin in which I have putted my money is Ethereum and I don’t want to change this my coin on any other.

[NeedIfFindIt]

As for me I still invest in altcoins. But before investing I usually do some study. I try to learn about current situation on cryptomatket in general as well as about how a certain coin is listed on exchanges.

[diepvien98712]

I have already tried about 50 Altcoins, both cheap and top, and I will tell you so that the main thing is not even whales but the total volume of coins and trades on it. It is these indicators that can clearly say whether it is worth buying it at all and enriching its portfolio with it.

[Joemzz31]

Yes of course, you should invest in alternativcoin
because the company of alternativecoin is providing a chipper price and good quality of service and at the same time they are trusted company.

[Mr.ZODIAC]

Yes of course, you should invest in alternativcoin
because the company of alternativecoin is providing a chipper price and good quality of service and at the same time they are trusted company.

in any case, you need to carefully choose from all the number of alternative coins, so as a result of having a good income. To date, many coins have lost their value and are practically losing their relevance in the future. If the market begins to recover, not all coins will survive this period.

[RoryDennis]

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.

YES! I buy some altcoins. because at this moment most altcoins  price are very low and it is a very cheap and the potential coins.

These are my favorite coins RIPPLE, DEX, IOTA

[hoasdnz77]

At last time I don’t even try to find best coin on the market. On my mind it is necessary to choose the coin from top 5 or 10 rating. It would be most reasonable decision that suits the modern situation on the market.

[blockchain-man]

Investing in Altcoin is one of the best ways to make a profit. Therefore, I always spend a lot of money to invest in the Altcoin. But it is important to choose the right Altcoin for investment.

[Remedios19]

I think a lot of people that favour altcoin think the greater multiples of gains are to be made in altcoin. This stuff is early and I have no idea really what things will look like when we start seeing adoption, at the moment all these altcoins are based on potential.

[CleverOracle]

Bitcoin or altcoins are both profitable because in the near future the cryptocurrency will be widely used across the globe so invest the money you afford to lose, most crypto people investing on altcoins because they don't need a large amount of money compare to bitcoin.