Should you invest in Altcoin?

[moshuk]

I think yes . This can bring excellent profits, but the chance to run into scammers is also great.

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[kr105]

I like to take big risks with a small amount of money. Since some of the altcoins were very cheap, I prefer to buy and keep. There is a chance to earn the most during a bull season.

[insidertradingeverywhere]

Why not? You have 2 ways. Invest in conservative bitcoin and try more risky way- being altcoin investor. BTC has potential like 10-30 x for growth, but altcoins has unlimited potential, like 100-1000x.

[dnsokoljuk]

Revently altcoins in the best poosition to buy, for my opinion, and i think that we will never see such good price and we do not have such good oportunity like now. So now need to decide which currency is very good for investing.

[Ludmilla_rose1995]

don't have to, but when else we have the chance to bet luck, it could be that the price of Altcoin will rise to offset the price of Bitcoin, I'm HOLD some Altcoins with the hope that the value will increase by at least 100% next year.

[Abigail Asi]

Of course. Cryptocurrency is risky and you have to take risks in order to gain more money. Altcoins have the potential of growing aside from being risky.

[hidingyou]

Of course. Cryptocurrency is risky and you have to take risks in order to gain more money. Altcoins have the potential of growing aside from being risky.

Altcoin is also much potential to earn profits due to it's fluctuation though it's risk because of the hype in market but if we don't face risks there's no improvement with our money .

[poodle63]

I like to take big risks with a small amount of money. Since some of the altcoins were very cheap, I prefer to buy and keep. There is a chance to earn the most during a bull season.

As long as everyone can afford to lose their money and it will be find because we are involving on the big risk investment. It can be considered as the one of market speculators.
Remember to always choose the best one and that must have become our rules before try to invest in the ico. hype ico means big money for us.

[bharatpatel]

We know in crypto everywhere risk, I usually prefer to invest in top twenty to thirty alt-coin. If you can make the profit why not we grab the chance  Whenever you see opportunity just dive with perfect time.

[Viscore]

We know in crypto everywhere risk, I usually prefer to invest in top twenty to thirty alt-coin. If you can make the profit why not we grab the chance  Whenever you see opportunity just dive with perfect time.

The current market price seems to be the perfect time for crypto investment, you can buy high potential coins in cheap price. But don't ever think that returns will come to you easily as the prices isn't moving high. We could probably wait for a week's or months to have it.

[vrabac68]

There are so many brilliant projects on the market that are amazingly undervalued at the moment. This is the best time to do your own research and find these altcoins and invest in them. You will see next year big gains when the mass adoption comes in place if you got into the right projects

[Asantewaa2000]

If you listen to what others say of altcoin you would never desire to invest.Just invest in altcoins today and you will see it relevance later.

[auroboros]

Right now is the right time to start investing in altcoin because we all know that the price of altcoin is currently decreasing, so we might be able to get more leverage in the future by buying now, but still be careful in investing, choose altcoin with good development and has advantages over others

[coinnumber]

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.

Crypto investment depends on individual choice, but for me I believed this is the right and best time to invest on any crypto coin since the price in totally down now we all know that for sure the price must boom very soon so no need to panic. Secondly you should search and know the details of coin you want to invest on, check the satoshi price how it goes don't check the $ price that the principle I do use and it has favoured me a lot.

[djselery]

I think that investing in altcoins is a must, to make bigger profits in the long run. But we have to select carefully which altcoins we buy, because there are only a few numbers of the promising altcoins which have a good potential. The prices are always affordable, so it is likely the best moment to buy with the lowest rates.

[DisWhale]

Some altcoins are performing incredibly well on the market just as Bitcoin. Considering the large cap altcoins like the first 100 coins on the market,every crypto expertise will vouch for their capabilities of yielding profit when invested in them.

[slasher0489]

Ofcourse, bitcoin and ethereum are not the only coins that can make you rich. Altcoins have cheaper value, and it's an advantage for us to invest in it, although the price is cheaper at the moment, it will rise in future.

[lepbagong]

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

Altcoin is also quite a lot that is already good and can be used for investment as you say like neo, but there are better things to invest in ethereum and bitcoin because it is more profitable

[Ngewex Yuk]

If you listen to what others say of altcoin you would never desire to invest.Just invest in altcoins today and you will see it relevance later.

To make money grow fast, altcoins are better than bitcoin, but I emphasize that this is also risky, all kinds of profitable investments are of course a high risk, and choose coins that are supported by strong teams like ethereum, ripple and NEO.

[opv321]

This is a great time to buy altcoins because price is too much low. You buy coins. Coins gives you many profit during next bull run. Good time for investors.