Altcoin really worth it?

[RonMank]

market cap on altcoins have went up tremendously compared to last year, and year before. Those numbers mean, in general, altcoins are worth looking at for future basis of investment

[1714732562]

1714732562

[blockrev]

I'd recommend looking for some of the following desirable features in an Alt Coin.... the more the better

1. Instant/Fast Transactions
2. POS / Hybrid (i.e. more decentralized than POW only)
3. Voting / Treasury fund
4. Developers who communicate regularly
5. Active Community
6. Marketing: Great Brand Name / Nice website / Polish
7. Functionality / Solving a Problem?

Some that look good to me for future growth based on having these features include: DASH, NEM, PIVX, GNT, DECRED, INPAY, NAVCOIN

[gribble]

For me, the altcoins really worth, they has nice fundamental for be traded, they has nice movement of price
actually i don't have any projects related with altcoins,
i just made investments into altcoins just for take profit from there and moshtly peoples who made investments into altcoins
they have same aim with me, looking for profit.

[marketone]

I was looking at this Beecoin and thinking about investing in it. It is dirt cheap.

However as I was looking at the price and stuff, I saw someone had bought like 650million beecoins. I'm thinking, "If that coin rises to the value of one cent, he/she is millionaire!"

What am I missing here because I've been trying to ride the Bitcoin/Litecoin waves here recently and I've made a little, but I'm no millionaire. What say you?

The question is if the coin would hit $0.01? Its not possible specially when theres someone holding lots of it and theres no buyer of that coin.Theres no circulation and adoption which means value would really be less and incase it do gain some value that person could easily manipulate the price but 650 millions supply is really exagerated for me and i do consider it as an another shitcoin just like on the market.

I think a lot of these altcoins are susceptible to this kind of market manipulation. A whale can easily bait greedy traders into a pump and dump if they control a lot of the supply.

Yes, everything seems to be perfect but we have to analyse ourselves before investing into altcoins, some companies are not focusing on total supply. Some devs are continuously developing in market to make the coin more reputable in the market.

[SpectivVR]

Not every coin is worth investing in, you need to do research on the coins. Look up their history, the team behind them, how active the devs are, their future plans. A lot goes why certain coins gain in value, and others fall.

[CryptoMensch]

Like I said in other post
1 Eth
2 Nem
3 XPR
4 TRST
5 BANCOR

[chineseprancing]

Yes, Altcoins are really worth it. Because it is a good starting of investment due to Everytime Altcoins price we're raised up, my investment value were raised up too. Also, I was looking for the future that all currency were change into digital currency and all Altcoins were becoming the market currency

[Calangaman]

For those who missed the Litecoin train, MONA coin (The japanese LTC) should be considered:
- segwit
- japan is getting big on crypto
- advanced stage of money creation
- low market cap

[Inkdatar]

I do beleive altcoin really worth it just buy when it is cheaper rate and sell when already earn profit. But not all altcoins are profitable, there is a need to do some research if its worth to trade. Worth it in the sense that you will earn during trading altcoins.

[kryptqnick]

I'd recommend looking for some of the following desirable features in an Alt Coin.... the more the better

1. Instant/Fast Transactions
2. POS / Hybrid (i.e. more decentralized than POW only)
3. Voting / Treasury fund
4. Developers who communicate regularly
5. Active Community
6. Marketing: Great Brand Name / Nice website / Polish
7. Functionality / Solving a Problem?

Some that look good to me for future growth based on having these features include: DASH, NEM, PIVX, GNT, DECRED, INPAY, NAVCOIN

It is funny that the demands for alts' characteristics are that high although the best crypto-currency (bitcoin) can not meet them. It has slow transactions, no POS, no flexibility in problem solving. I think this should mean that we miss something when put criteria of good coins. It can't be so easy. Otherwise one would just create (and maybe has already created) a perfect coin and it would overcome any other. I believe it is possible for a technically good coin to cost small sums and not be noticed.

[RedX]

I was looking at this Beecoin and thinking about investing in it. It is dirt cheap.

However as I was looking at the price and stuff, I saw someone had bought like 650million beecoins. I'm thinking, "If that coin rises to the value of one cent, he/she is millionaire!"

What am I missing here because I've been trying to ride the Bitcoin/Litecoin waves here recently and I've made a little, but I'm no millionaire. What say you?

The guy probably made a research about the coin or he's one of the whales who manipulated it. And for you make a research not just riding on what's hot. You can also make a million if you take it seriously.

[vatived22]

Only coin worth investing right now is Coin2, started ordinary but gained a lot of following in China

Went from 47 sats to 1000 sats in 4 days

And how much is it now?

[CraigWrightBTC]

The altcoins really worth are has large of capitalization marketcap i took reference from http://coinmarketcap.com/
but the most difficult make investing in altcoins is follow the updating from developers,
sometime I don't have much time for search and read their updating because of too many altcoins that be updated​
and i just learned about analysis technical for making prediction.
The altcoins is really worth for me is ethereum classic because it is original of blockchain eter.

[marketone]

I do beleive altcoin really worth it just buy when it is cheaper rate and sell when already earn profit. But not all altcoins are profitable, there is a need to do some research if its worth to trade. Worth it in the sense that you will earn during trading altcoins.

Yes, we have to do research before investing into altcoins, many coins won't give profit. Only few coins will give higher profits but we have to analyse everything before investing into it.

[densuj]

Like I said in other post
1 Eth
2 Nem
3 XPR
4 TRST
5 BANCOR

I agree with ethereum becomed numbers one in your choice, ethereum has many projects be builded on their blockchain
it is something new in digital coins, we can make dapps on ethereum blockchain and they have good developers, investors and ecosystem include capitalization of markets, it will makes believe investing in ethereum
the price will goes up in the future.

[emezh10]

Yes for me altcoins is really worth it because of the cheap price you can buy a big amount of altcoins and high volume of it and when you hold it for a long tern investment it gonna give a great amount of cashback in your investments.For me it is a greater investment than bitcoin.

[phr0stbyt3]

It is surely worth but not as high as dash had reached. Currently the basic use of altcoin is sell of 90% of your bitcoin and then bitcoin price will drop. With the sold bitcoin buy any altcoin which leads to increase in price , when you feel you got sufficient profit buy bitcoins again and mostly the price will increase. Like this an investors earns more than 1000$ .

[blockrev]

It is funny that the demands for alts' characteristics are that high although the best crypto-currency (bitcoin) can not meet them. It has slow transactions, no POS, no flexibility in problem solving. I think this should mean that we miss something when put criteria of good coins. It can't be so easy. Otherwise one would just create (and maybe has already created) a perfect coin and it would overcome any other. I believe it is possible for a technically good coin to cost small sums and not be noticed.

Although I'll likely continue to be bullish on BitCoin long-term (and the market in general) and have been for a long time already, yes Bitcoin hasn't stepped up to the plate so we now see a bunch of good alt coins stepping up to cater for not only the epic speculative demand, but more importantly the exponentially growing functional demand for cryptos and digital assets.

The general public don't yet know that they need and benefit greatly from crypto coins, dapps and blockchain tech.

However, it seems this statement is becoming more irrelevant every day as people get on board the blockchain train.

A huge protracted downward correction/trend may delay the inevitable love of the blockchain, but that at least gives us more time to reap early-adopter benefits.

[RedNovember]

I was looking at this Beecoin and thinking about investing in it. It is dirt cheap.

However as I was looking at the price and stuff, I saw someone had bought like 650million beecoins. I'm thinking, "If that coin rises to the value of one cent, he/she is millionaire!"

What am I missing here because I've been trying to ride the Bitcoin/Litecoin waves here recently and I've made a little, but I'm no millionaire. What say you?

Bro think about it. Lets say you buy 1 btc, it goes up 10% or 50% you have just a bit more btc

But let's say you buy 1 btc worth of alt coins. Lets say your alt coin goes from 500 satoshi to 1000 satoshi. You've just doubled ur alt coin value and if you sell you got 2btc. On top of that, btc value is also going up, so your value of btc in fiat is even higher.

This is a no brained for me. And if you research the right coin, and get like 5x return ur fiat value is insane

What do you think?

[Tronq]

I was looking at this Beecoin and thinking about investing in it. It is dirt cheap.

However as I was looking at the price and stuff, I saw someone had bought like 650million beecoins. I'm thinking, "If that coin rises to the value of one cent, he/she is millionaire!"

What am I missing here because I've been trying to ride the Bitcoin/Litecoin waves here recently and I've made a little, but I'm no millionaire. What say you?

Bro think about it. Lets say you buy 1 btc, it goes up 10% or 50% you have just a bit more btc

But let's say you buy 1 btc worth of alt coins. Lets say your alt coin goes from 500 satoshi to 1000 satoshi. You've just doubled ur alt coin value and if you sell you got 2btc. On top of that, btc value is also going up, so your value of btc in fiat is even higher.

This is a no brained for me. And if you research the right coin, and get like 5x return ur fiat value is insane

What do you think?

Thats exactly it.

Bought Waves at $0.20 and is around $6.90-7 today