Should you invest in Altcoin?

[Ellionise]

Of course for the long term I choose to store bitcoin it is the most reliable of all the coins , and of course to make big money you need to invest in altcoins and I do it, of course only in the short term

[Impaler]

Yeah I invest in altcoins. I think in this market many altcoins have a great future. For altcoins we got many latest ideas every many latest project that is going on is on altcoins. And in terms of profit I think altcoins give more profit than Bitcoin in this bear market even in bull market to. But the problem is when you invest in a altcoins you have to study it properly cause for last few months we got many altcoins scammed people and many just failed. So you have to be care before invest in those coins. But as I said many altcoins have really good ideas and they gonna do something in the future.

[reveller]

There will be 10s of thousands of coins, and hundreds or more blockchains that grow over the next few years. Great opportunities for growth and finding the right projects to get behind.

[reality18]

I've always liked altcoins more than bitcoin. On them I always earned more and more often. But if you have enough Deposit for 4-5 bitcoins, it is better to trade on it. Since the volatility of bitcoin can reach $300-400 per day

Investing in altcoin is always more profitable than investing in bitcoin. But it is much more risky, I just invest in altcoin and just hold the BTC when I take profit, then I continue looking for other altcoin and continue to buy

Not all altcoins are profitable than Bitcoin investment. Every altcoin have its season of rising just as Bitcoin has its own time of taking the bull run. It is just a matter of studying the market trend in order to identify which coin is worth investing at the moment. If Bitcoin is rising, why do you invest in an altcoin which is static or slowly rising?

[KrishaBitcoin]

Altcoins investing is in favor of those small time investors and the new comers as Altcoins prices are much cheaper to purchase than Bitcoin. In fact Altcoins have lot of commodity to promote so that it could attract more people to invest, its just happen that Bitcoin already build a deep foundation of trust among investors that even it has no commodity but still the people are investing into it.

[faadhilah]

Yes, of course if you are capable and sure to invest in altcoins, choose altcoins that will give you future benefits, because not all altcoins are worth investing, you must be smart to choose a good altcoin

[Maxre]

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.

a very wise analysis to start investing in the crypto world.
if everyone who wants to invest can read this, maybe there will be no one who panics when the price of their altcoins decreases.
points that I can take we must focus and trust our investment.

[KingOfWinterfell01]

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.

I honestly think that alt coin and bitcoin investments are the right way to go. Don't just stick to investing in bitcoins purely or alt coins purely. Diversity is the key to making a lot of money in the market of cryptocurrencies. Always make it a point to reinvest your profits.

[cewekimut]

Investing, in my opinion, is very important because only investing can provide many benefits. Investing does have risks, but we also have to be careful and make a good strategy for trading. We have to study every coin we will buy through the sales chart. And we have to find the right time to buy coins and sell coins.

[mel1978]

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.

Of course I want to invest in altcoins. Investing in altcoins actually if a risk thing for us but this risky business also gives us huge profit in this business. Before invetsing in altcoins we should have to do ways on how to choose a good alts to invest in.

[Tervelatuk]

Investing, in my opinion, is very important because only investing can provide many benefits. Investing does have risks, but we also have to be careful and make a good strategy for trading. We have to study every coin we will buy through the sales chart. And we have to find the right time to buy coins and sell coins.

when we decided to buy any altcoin we have to research to current coins.benefit and disadvantages from this coins must indentify before.so we should know the potency in future.

[mornabo]

In investing, you must be careful. There are many things that must be considered, moreover the important key in investing is the right timing. The right timings are obtained from the results of an in-depth analysis. Both for longterm and shortterm, both require analysis, don't just rely on feelings and speculation.

besides investing at the right time you also have to invest in the right altcoin, because not all altcoins are profitable?
this is where your analysis and knowledge will be tested to see which project/altcoin has great potential

[Torbeks]

Its not a question if we should invest it should be a question on when can we invest. The fluctuating market can be an advantage especially if the price is at its lowest. If you check the price now, it is really enticing to invest because we will never experience this kind of sale. We should take advantage of it and hodl until the price goes up.

[amaterazu]

Crypto coins don't always experience price increases and also don't always reduce prices. This is what makes people think about the risks that will be experienced. But investing is very important because it can give you big profits. And now we have to invest in Altcoin like Ethereum. This is a coin that has great potential in the market.

[EastSound]

investing in altcoin is still profitable specially when one knows what he is investing in and not just blindly investing in pumps and lose everything in a snap.

[chipzeru]

I agree with most of your point especially on focus on long-term investment. I invest in some of altcoins that have potential to be growth in the future and keep holding them until it hit my target price no matter how long it takes. Also avoid hype altcoins if you're planning for long-term. I made a mistake once by invested in an altcoin that was really hyped and now the value is 10x lower than my buy rate.

[Krismanto]

Not all Altcoin are profitable so you have to invest in coins that have potential. You have to know when to buy coins and when to sell coins. And you have to buy coins that are included in the list of the 10 best coins because this will be safer and have a very high volume.

[11:11pas]

If you are able and sure, please invest in altcoins, but keep in mind that there are not all the altcoins that have good potential to make investments, only a few I think that have good potential don't let you choose altcoins that don't provide any benefits in the future

[Rina Ambar]

indeed, low prices make this an opportunity to buy a few coins to hold in the long run or invest, but the condition of the market which is still unstable and unpredictable makes it now too risky to buy coins because we do not know what will happen to the coins purchased in the future. I prefer to wait until the market conditions really recover because at least we can still predict the fluctuations of coin prices after the market situation recovers.

[Xiaolongnu]

Invest in Altcoins, especially new altcoins could bring us big profits, new altcoins with good technology could be FOMO and double price in a short time by FOMOers. When they are disappointed about Bitcoin, Altcoins is a alternative choice.