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Author Topic: How many altcoins are actually worth something?  (Read 633 times)
carlfebz2
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December 25, 2018, 06:13:48 PM
 #41

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?
Shall I say Top 1 - 10 on Coinmarketcap are considered to be worth something or even I do only recognized BTC and ETH only except XRP shitcoin.
There are lots of coins in the market but 98% of them are completely trash so its better to stick out to those coins which do really have the potential
that can able to run for long term or simply do have a real-life benefit or innovation.

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December 25, 2018, 06:16:59 PM
 #42

For the fact that we have over 2k cryptos makes it a bit scary as to which will scale through at the end. To say the least,  most don't even have working products, but let's watch how events unfold.

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December 25, 2018, 06:33:06 PM
 #43

I think only about 10% is an altcoin that has real value from thousands of coins in circulation, and there are even many of them just a scammer who took advantage of this moment.
I think that the current state of the cryptocurrency market should make some adjustments to the existing amount of altcoin. these projects have already lost their attractiveness, but soon the prices for them will fall even lower.

This is time to think what we actually need to do. Focus on the goal and spread awareness. There are allot of coins but has to choose the one which can be beneficial for now and for tomorrow. If you explore the market you will find long list of it. According to me the best altcoin which is worth investing is one and only bitcoin.

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December 25, 2018, 06:50:41 PM
 #44

Apart from the few privacy coins and exchange tokens in the space that have utility use most of these Altcoins are useless, at-times and I sit down and think these people must have done a great job to convince people to part with their money and offer them a useless tokens in return


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December 25, 2018, 06:59:15 PM
 #45

I think most of the Top 300 projects that are worth something, maybe even the top 600. They have less capitalization, but there are a lot of really undervalued projects.
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December 25, 2018, 08:26:51 PM
 #46

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?
Every crypto worth exactly as much as people are willing to pay for it...
So every crypto that has a volume on exchange worth something...

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December 25, 2018, 08:44:29 PM
 #47

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?

I think the top 100 coins in CMC are valuable coins. the coin that the platform operates is a valuable coin, the rest is only shit. and never expect a coin that does not have a trading volume to have value, because it is in vain.
Not all valuable coins are in the cmc top 100, and not all top 100 coins in cmc are valuable, or will be for long. some will longer be there soon, just because coin is on cmc top 100 list doesn't mean it's worth putting money on.

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December 25, 2018, 09:10:40 PM
 #48

Quality over quantity. You need to get the best coins instead of having hundreds of thousands or millions of cheap coins that aren't worth investing your money.

This is a misconception to the new investors there, you guys think that a cheap coin will make you rich so you are choosing those cheap coins that will pump somehow in the future. IMO, it's wrong to think that way.

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December 25, 2018, 09:19:05 PM
 #49

I do not know how many are worth something to be honest.
It is true that many are still down since we are still in a bear market so I think it is unfair to judge a coins worth base solely on price.
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December 25, 2018, 09:19:53 PM
 #50

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?

I think the top 100 coins in CMC are valuable coins. the coin that the platform operates is a valuable coin, the rest is only shit. and never expect a coin that does not have a trading volume to have value, because it is in vain.
Not all valuable coins are in the cmc top 100, and not all top 100 coins in cmc are valuable, or will be for long. some will longer be there soon, just because coin is on cmc top 100 list doesn't mean it's worth putting money on.

CMC requires minimum 100k$  total turnover for listing cryptocurrencies. Low cap coins always have low circulation before getting shilled by twitter heros in order to pump them.
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December 25, 2018, 09:30:18 PM
 #51

Only Ethereum and Ripple are worth hodling. Other coins are just trash for me since they can die anytime and the sad thing is that their development team already stopped improving their coin. Unlike the two I have mentioned, they are established and proven that they can recover and pump up anytime.

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December 25, 2018, 09:34:16 PM
 #52

50's a lot.

Around 5-10 altcoins will do. I have that number and not so much with those because I have invested mostly my money with bitcoin and ethereum. And the other altcoins aren't so popular but it's not heavily invested, it's like an alt that I just wanted to have and hopes something good but I'm okay if nothing goes well with those alts too.
I'm afraid that it's true Smiley). Only few altcoins out there are worth to invest in while there are thousands altcoins to invest in. It's also the reason why it's not easy to earn money in crypto world cause everyone can easily fall into a terrible altcoin and lose their money if they don't have any experience but still wanna earn money in this world Smiley
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December 25, 2018, 09:48:56 PM
 #53

if you mean the real products behind the altcoins then only 10-20 coins are worth something. others just have prices for trading.

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December 25, 2018, 10:09:58 PM
 #54

Mostly guys wrote about 5-10 altcoins. But I don't agree with them. There are also projects not from the top of coinmarketcap which have ready products and tradable tokens. I think 20-50 altcoins.
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December 25, 2018, 10:18:50 PM
 #55

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?

It does not matter how many cryptocurrencies exist. The quality of these coins is important. I don’t mind a lot of coins, especially if they have fans. However, for me it would actually be enough just a few hundred.

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December 25, 2018, 10:57:19 PM
 #56

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?

Throughout 2018 it was a bad year for the development of all crypto, but this did not at all make them disappear from the market (dead) everything was there, and it went on as usual. I think maybe only 0.1% of Alt-Coin's population is on the market. Because until now they can still survive and it seems they still deserve to be relied on even though the competition between them still continues to this day.

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December 25, 2018, 11:08:36 PM
 #57

I think that no more than 20 altcoins will be worth something in the future. There are really a lot of projects in recent years and each of them is trying to solve some problems or to transfer some interesting idea on the blockchain. But most of them will not be able to realize their intentions and really worthy projects will be very few.

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December 26, 2018, 06:02:47 AM
 #58

50's a lot.

Around 5-10 altcoins will do. I have that number and not so much with those because I have invested mostly my money with bitcoin and ethereum. And the other altcoins aren't so popular but it's not heavily invested, it's like an alt that I just wanted to have and hopes something good but I'm okay if nothing goes well with those alts too.
I'm afraid that it's true Smiley). Only few altcoins out there are worth to invest in while there are thousands altcoins to invest in. It's also the reason why it's not easy to earn money in crypto world cause everyone can easily fall into a terrible altcoin and lose their money if they don't have any experience but still wanna earn money in this world Smiley
And thinking of investing with 50 altcoins, seriously it's totally a lot.

Your portfolio has used diversification that much. It is good to diversify but you need to look for the good coins to expand your money not with just called you are doing the deed. You need to be more oriented of the coins that can potentially give you returns, not just to make you look like a real crypto enthusiasts.
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December 26, 2018, 06:08:44 AM
 #59

There is definitely value in majority of listed cryptocurrency, asking and questioning the value of cryptocurrency is a negative approach in accessing the value of cryptocurrency. There is big uses cases for majority of cryptocurrency listed in coinmarketcap, there is no need watering down these valuable asset because of out own insecurities!

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December 26, 2018, 06:58:24 AM
 #60

Would you say its more than even say 50 max?  There are over 2k cryptos.  Most are worth nothing.  But how many are actually worth something?

Many good altcoin and having a good product. I am prefer choosing altcoin in top 200 rank in coinmarketcap. Too many token and coin in market make us confuise but it give us more choice when we decide to invest in altcoin but most that altcoin just pump and dump coin.

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