Should you invest in Altcoin?

[rhenrhen]

Yes, it's okay to invest in Altcoins as long as you are 100% o its authenticity, that the project behind that Altcoin is not fraudulent or a scam.

[xWolfx]

That is pretty good advice.

The interesting part is that i don't think that it only applies to altcoins only. They can be used with any type of investments including Bitcoin and the regular stock market.

I believe that the most important part is knowing which coins to choose and invest in long term without panic selling. That will definitely bring the most benefits.

[okour999]

I think it's good to invest altcoin now because it's possible to buy altcoin potentials that are potentially expensive because altcoin is cheap today but before buying altoin it is sure to legit the altcoin you buy so you do not get better because you buy altcoin because the other altcoin is not just the price falling so good hold.

[white_star]

That is pretty good advice.

The interesting part is that i don't think that it only applies to altcoins only. They can be used with any type of investments including Bitcoin and the regular stock market.

I believe that the most important part is knowing which coins to choose and invest in long term without panic selling. That will definitely bring the most benefits.

There are more potential coin in altcoin so it's more worth to invest because it gains more profitable and we can receive good benefits .Though it take risks but as long as it was already proven then probably there will be repeating.

[ice098]

I think it's good to invest altcoin now because it's possible to buy altcoin potentials that are potentially expensive because altcoin is cheap today but before buying altoin it is sure to legit the altcoin you buy so you do not get better because you buy altcoin because the other altcoin is not just the price falling so good hold.

I know its good to invest in an altcoin because some of them are worth it and they can get you hige profit. Invest in Altcoin is the other choice if we cannot invest in Bitcoin, also some of them are valueable that's why many people choosing. But for me I'll invest in Altcoin if if I cannot afford to invest in bitcoin but as long as I can I'll still choose Bitcoin because surely give me higher profit.

[yokai21]

it's now right that the right time to buy altcoin and invest in it because the price is so low that especially if you hold it for a long time it's definitely worth your money when its price rises.

[catsmile]

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.

100 - 200 times ? That's impossible. Only a few coins can do that. And most new projects can not do that. Even if the project is great, the current time does not help them rise 100 times

[Robert de Crypto]

I agree. Over 2017 the new altcoin is blowing up. but they have no sense to keep in the wild crypto market. But, There're several altcoins that I think they have a great future.

[TpoJIb]

Now the alcoins are too dependent on the growth of bitcoin and since it does not grow then it makes no sense to keep them

[Bezobraznike]

Now the alcoins are too dependent on the growth of bitcoin and since it does not grow then it makes no sense to keep them

   I don`t think so, alt-coins have their own networks, they are depended just in terms of price. When Bitcoin is going up
others are going up too, at least their market caps, prices in Bitcoins affect that.
   I invested in many alt-coins until now. That looks like a bad move for now, their prices dropped much more than Bitcoin
price. If I had only Bitcoin I would be richer for 100% probably, but I don`t care about it, I wait that time when prices of
some alt-coins will rise a lot. and I`m sure it will come. People should invest and hold, we need to support alt-coins
not to dump them for first profit, it`s how they can grow.

[Alliipp]

My answer is to invest in altcoin, but with a note I have to analyze well what I will take to reduce losses.

[Kadal Ijo]

Invest in altcoins is certainly the best solution to get maximum profit, as we know that the price increase of altcoins is greater than bitcoin so investing altcoins is the right solution.

[Skroojee]

Altcoins of course are very volatile and unsafe, but it is with them you can earn more money in a short period of time and so I think that it is worth investing in altcoins, but you need to choose the right coins and sell them at the right time.

[cryptonewsID]

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.

really investing in altcoin is very profitable and will benefit in the future, the coins that I invest are ethereum, eos, and ignis,
What coins do you save for now?

[ttking]

I think that you need to invest in btc and maybe ripple as well  as they are considered the best coins ever and you will be able to earn good money on the difference of the future cost. To my mind, it is great

[socksserver3]

I think that it is great to invest in btc and ether because they are the best coins that are going to be used in the  nearest future. I think that you need to consider dash and neo as well

[goolesby]

As we know, the presence of the altcoins is based on the success of the Bitcoin in the cryptocurrency world. Additionally, some altcoins are also very successful by gaining many investors and can increase its value time per time. However now, as you say, the cryptocurrency is growing so fast. many developers create the new cryptocurrency based on the ICO and other process. It means that every day, there will be new coin or tokens. Additionally, in this bear market, the price of the altcoins always decrease after on the exchange market. Hence, the altcoins are actually better for the long term investment.

[Cheerfulmule]

Yes, of course that's a great idea. Investing in Alt coins have great benefits like gaining good profits but for only a long period of time.
Nornally, it could take months or even for a few years depending on the project's demand level and development period.

[davinchi]

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’re here looking fora cryptocurrency that is not volatile then you’re wasting your time. All of them are volatile, the only difference between most of the altcoins and Bitcoin is that they are not all that volatile like Bitcoin is, but there is always risk involved.

But that’s not the problem, it’s better I invest and lose through volatile, cause if that happens, I can choose to continue to hold and recover my loss when the price goes up again or maybe I can trade and recover my losses. The only time you have a problem is when you invest in the wrong coin cause some of them fall cause they go bankrupt or something., and some are just scam.

[thanhmmo19]

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.

100 - 200 times ? That's impossible. Only a few coins can do that. And most new projects can not do that. Even if the project is great, the current time does not help them rise 100 times

I also don't believe that in the current market situation anything like that is possible. It's not like the altcoins moon every day and give 200 times profit to everyone. People have got to chill and start being realistic.