Should you invest in Altcoin?

[[ProTrader]]

You should invest in altcoin to maximize your potential profit but you must have a game plan. You also need to study the risk factor of investing in altcoin and which altcoin are best to invest to minimize the risk of losses. 

[Ximoandali]

Now of course it is better to wait out because the bear market and do not want us to fall further , I think we should wait for the market reversal and then buy than now

[ElnurBash]

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.

in my opinion if you have found something valuable you can invest in it why not but ge careful with the sum of money you give

[kagawawa]

In the crypto market when we invest in the Altcoins is very potential. because the profitability of the Altcoins is very high. But the moment i recommend you should invest in the Altcoins so they have been listed on the coinmarketcap will be more efficient and secure than the ICOS campaign.

[imboss]

Yes, I would like to invest in altcoin especially when the time that the crypto market is dropped because when I bought some crypto with very low price, I could get big profit for holding it until it pumps.

Investing with any intention of making money is better to be done through trading Altcoins. Altcoins trading is not that tough to learn, Bitcoin is a fun investment as well.

[Butonyki]

I still invest in altcoins but in my own preference as not all altcoins will give us good profits. Although this is too risky, you need to research first if they are worth for your money and believe that the team will work harder for the success of the project.

In my own I also invested in altcoin but it will always depends if that altcoin is has attached with somebody and aside from that it always depends of the background of it. Well it always risky but it is up to us if we hold on and try a new things or just go with the flow with lack of experience.

Face that risk if you see that your altcoins road map has trusted and updated activities in the blockchain business. Like me and other traders have that idea in order to grow that asset for long term investments. If you're a long term trader, we need to have that patience and dedication for us to achieve a promising profit behind that goals that we have.

I require myself to invest in Altcoin, because I'm sure the development owned Altcoin was able to produce a much larger profits and gave a nice impact for my financial future. anyway at a price high enough Altcoin able to be an advantage that continues to increase in the future.

Yeah I think with huge investment I should invest in Altcoin because there are many promising coins in the market. I like to invest in Ripple because of its unique features. The price is also very low and is under $1. I can buy big quantity with small investment and if the price rise a bit I will earn huge profit. I also like torn. It is also fast growing Altcoin and is good for new investors.

[letyouearn]

Altcoins can bring you huge profit if you are lucky and smart enough. If you are not, I wouldn't advise you to go further than BTC, ETH and maybe EOS/NEO or something like this)

[swscowods]

it's worth to invest in altcoins but on the part that we should avoid coins that are being pump it's hard to say that on any coins there are groups that will want to pump coins whether it is profitable or not or created or not to be a pump and dump coin, we cannot stop this group from doing these pump and dump activities.

There are some potential coins in altcoin which you can choose to invest with because it also can give good profit and good for capitalization. Look forward yo the coin that attached to many investors because that will last long and gain high price in the market just wait that to happen for you to be benefitted. Even me, I choose to invest some altcoin because there has an opportunity that you can gain good even short time investment.

Now a day many investors think that some Altcoin are better than bitcoin because bitcoin price is not increasing and also big volatility in the price. Lot of investors lost their money in bitcoin; therefore they are disheartened and converted their money to Altcoin. They think that some Altcoin possess more potential than bitcoin. So it is better to buy some Altcoin instead of bitcoin.

[S4VV4S]

Every coins is deserve to invest if you really know about that project (read everything about the project), if you really believe that project has a great future you should invest in that coin without doubt.

Yeah that's right, There are still many people who believe in Crypto or Altcoin, we can select some coins which potential for us to make our investment as an asset in the future. I think investing in Altcoin still gives us a good profit.

[nytstalker]

Yes I should invest in altcoins because you can earn a huge profit from investing it. Nowadays cryptocurrency is popular and many altcoins has a potential to give us a huge profit in holding it long-term.

[masterfu678]

If you have the means, desires and goals, then you should definitely invest. That's exactly what you need. And also just need to choose the right coin, and it needs to learn a lot of literature or other training material

[Vanderbleek]

I believe that Altcoins are much better than Bitcoin, because they are faster, safer and much more perspective. One day the market will be led by an altcoin and I hope it would happen as soon as possible. And for sure, the leader will be Ethereum.

[vova.andreyan.94]

All right, you need to adhere to the long-term plan and not sell your coins before the scheduled time!

[Kekkins87]

the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalk.org/index.php?topic=3028302.0... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers

[Hiylchis]

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.

It seems to me that buying altcoin is individual and if a person has a desire to do it, he will buy it as soon as possible. there is not even any subtleties of the market and the secret meaning. the main thing is desire

[OTC]

Yes. You should invest in altcoins. I believe altcoins are also better like bitcoin. They have the potential of growing into great coins in the future because they are much safer and faster.

[RobinBarker]

Yes, you should invest in altcoin. Because it is lower price than bitcoin also it's easy to mine than mining the bitcoin. Some altcoins offer passive income too.

But before investing in altcoin do proper research, read white paper , check original website, check roadmap.

[Bitcoincole]

It is always a great challenge as to how to choose the best altcoin to invest with in order to avoid losses of money.Though it's a given fact that it is hard to avoid it 100% but if done with thorough research and proper monitoring,it can lessen the chance of losing.Investing altcoin has a great potential of good earnings.

[Shinpako09]

Why not but if I were to choose I would only invest to those leading coins. Investing in crypto is very risky, so to. lessen the risk, i'll try to avoid those newly created coin as most of them are just shit and many have loss for taking risk on them. I saw not just one saying, there's more profitin altcoin it's just the risk is higher. Well, the higher the risk, the higher in return here in crypto.

[mistemb]

i just invest in altcoins and keeping in mind that i only invested in to make more btc and hold btc for long term