Should you invest in Altcoin?

[racingboy]

But the most important of all whatever coin you are hodling is that you must be
firm, extreme volatility is to be expected, so don't be shaken just because of a dump,
don't panic!

[Jwnamlinz]

Once you have knowledge you can invest in altcoin but choose the potential project. Invest on what you can risks in altcoins but spread into different coins. Do not focus in a one coin and hold if it is worth holding that can give profit.

[Sunyoto]

Yes, I think you can also buy altcoins now. because now the price is still cheap, so I'm sure you will also get good profits at more expensive prices.

[doroshok2]

All of course, as described. And we all understand the risks of investing in altcoins. And for this, we conduct our research to minimize risks. But given the risks and profits can be quite significant.

[Natnat213]

First thing to do is read their spreadsheet and search the team if its good and doing great. Because this is the right time to invest because the price now is so cheap in market.

[Gastonic]

It's risky at the moment however you can do extensive research about the project and know the background of the team behind it if you still want to invest in this bearish market. Just invest only what you can afford to lose.

[Impaler]

Yeah. I always do see investment in altcoins. I think if someone not new in this space. Who know how project work or spot a project if it's scam or not they can go for altcoins investment. Even a newbie also can invest into altcoins if it's under 20-30 ranking. But I always believed then everyone should invest there 40-50% into Bitcoin or some core altcoins like eth Ada eos. Mainly 2 core coin Bitcoin and eth. And then go for some altcoins the more experienced about this market you are you can go for more amount of altcoins. But if you not that much experienced then don't go for it but btc or eth and hold and gather some knowledge and then invest in altcoins. But always keep in mind altcoins are give more profit but this is also risky enough.

[Neredex]

Investing in altcoins will give us the choices, between the lost and profit, risk and benefit, advantages and disadvantages. therefore, we must learn how to analyze between the two. if we have the right decision, it will lead us to something legit, or on the other hand. Altcoin still can give us more benefits. It will lead us to get the big income monthly compared to the office worker. But, once more, it depends on you, how you analyze and decide the right decision.

[Najam11]

Yes before investing in any project do proper research.

[readygoaw]

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.

It is possble that I will surely invest in altcoin if the price varies and will increase. The price should be better than the last price and will be constant to increase .

Sometimes, it is more profitable to work with the altcoins, brother. Their prices can grow very fast. If you pick them for day trading and do everything right, you will make really much money on it.

[rltim555]

Yeah, basics principles of investment matter, and it is essential to invest that amount you can afford to lose, because market is extremely volatile and your investment can decrease to 0 at once!

[DaWidyaa]

In my opinion, altcoin and bitcoin are indeed good to start investing, if you already don't trust bitcoin you can switch to altcoin while waiting for bitcoin to go up and that is the same, at this time I think that it is suitable to invest in Altcoin.

[CircularLoGic]

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.
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.

I completely agree with your words, if one wants to make profit on this highly volatile market, he will need time and knowledge to succeed. For newbies I would suggest to learn more about altcoins with the PoS consensus algorithm such as NEO, PIVX, Stratis and Deviant.

[Buttermellow]

Literally it all depend on one's luck aside from taking also the projects concepts and how establish was it to the community. I had known some altcoins in the market and until now it does not move its market price back down instead it constantly moving up high in terms of market price even if its paired platform had fall down that much which is the ethereum.

[Doging]

Most of all you can earn by investing in new coins. Their price may rise 100-200 times a year. For example, I will advise you on a new promising project KamaGames. They have a lot of experience with the game sphere.

[lusiaga]

be careful before investing and do a lot of analysis first.
not everyone who enters will act in good faith, and if there are some uneducated investors,
the fraudsters began to scout them intensively.

[altercreed]

I have no doubts in investing altcoin(s) as long as it's a kind of major altcoin or promising altcoin from a promising ICO. I have actually expanded my portfolio the last time bitcoin dropped its market value to more than 5,000$ and i am confident that these cryptos will rise again in the future.

[Godday]

Most of all you can earn by investing in new coins. Their price may rise 100-200 times a year. For example, I will advise you on a new promising project KamaGames. They have a lot of experience with the game sphere.

at a time like this, indeed the best market situation is to be able to buy existing altcoins. all are cheap because we can buy them at cheap prices. altcoin or bitcoin

[malphite534]

if I ask it is the right time to invest in Altcoin because bitcoin today is so low that many people are investing in Altcoin so if you're investing in it I'm sure that you'll earn a lot in the future.

[jepoyr1]

Altcoins nowadays has a cheaper price than past month and this is the right time to invest. I suggest to you to invest the altcoins has a potential to give you a huge profit is ETH, NEO, EOS and ADA.