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Author Topic: Altcoins are the best..!!  (Read 21728 times)
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January 04, 2019, 02:44:34 PM
 #1

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool
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January 04, 2019, 02:48:02 PM
 #2

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool


Many of the altcoins have a high chance of making a big profit. We have already seen examples of it last year. But there are equally large risks.
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January 04, 2019, 02:52:31 PM
 #3

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool

It was already stated many times that alts are more profitable than BTC, with a higher Tps etc. but also they are much more risky investments and lots of them doesn't have a real community and use cases, usually there are just a flip army and speculators and this is not good for a project. But yes i'm buying alts and ICO's and earn a good money on it, and that's all.
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January 04, 2019, 03:44:44 PM
 #4

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool

Yes it has proved a lot of times that alts are better than bitcoin, still the dominance of BTC is great which has a huge popularity in the entire globe. I agree the value of alts are very much cheaper when compared to BTC. I also see a bright future for the alts.

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January 04, 2019, 04:06:29 PM
 #5

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool
I really agree with you. Altcoins at this stage which passes the cryptocurrency market in their formation are the best.
I think behind them the future of cryptocurrency and with time they can become the head of everything.

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January 04, 2019, 04:41:03 PM
 #6

I believe there are many good, valuable, and widely transactable tools, one of which is Ripple, ADA and others, nowadays there are many altcoins that are growing, and many are investing in altcoins.

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January 04, 2019, 04:59:18 PM
 #7

I was thought same as you from beginning. Altcoin is best for trading, holding and for transaction. But there is chance of loss if in case drop price. Most of altcoins are much volatility so you have to choose a potential coin. I always said that don't love any coin except Bitcoin. Because if you love much an altcoin there is much chance to loss. And that happened to me on last year. From now I don't love any coin except bitcoin. Just sell once I am in profit. Holding long is good if price not drop down but there is no any guaranty. So if you would like to use altcoin for save transaction fee or faster transactions it's fine. But holding longer must use stop loss to avoid huge losses. It's my opinion decision depend on you.

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January 04, 2019, 06:11:44 PM
 #8

how many of u agree that the altcoins are the best .......
bcoz it is faster ...it can be used for faster transaction and even the transaction fee is also comparatively less
and even buying an altcoin is cheaper and u can buy more coins ..and earn more profits ...but the coin u choose must be good coin Cool
Lot of altcoins are was best in year 2017. Because thats year was lot of altcoins become a best value in market. But last year was bad for all top altcoins and now good times to buy and hold altcoins till next year.

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January 04, 2019, 06:21:28 PM
 #9

One part of your post is right that altcoins offer more features and are cheaper and faster to transfer but being more profitable is a big question mark right now and i think if they are more profitable then at the same time they are more risky, volatile and can hive potentially big losses as well. I agree in bull market of last year they yielded big profit but after that a year long bear market has also hit altcoins in worst possible way where big coins are down by 5 to 10 times while smaller alts are down 10 to 100 times making them extremely risky investments. I still hope market will recover this year.

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January 04, 2019, 06:41:01 PM
 #10

Altcoins are riskier - you can have bigger gains, but you also can lose big time with them. So it's a benefit with quite a trade off.

Then altcoins are indeed cheaper and faster, but where you use them? In exchanges and basically that's all. Bitcoin you can use to buy directly goods and services. Then Bitcoin network is safer, while even last year some altcoins had the surprise of 51% attack.

Then there are the scams and shitcoins making hard to find the good ones to invest. Then there are the pump and dump schemes caused by low volumes for many altcoins.


Yes, some altcoins are great. Some altcoins can be used almost as good as Bitcoin. Some are great investment. But the keyword here is some. In the moment you generalize the "greatness" for altcoins you are wrong.

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January 04, 2019, 06:46:42 PM
 #11

I do not agree that altcoins are the best coins. Bitcoin is much more promising and it develops technologically every year more and more. Soon, Altcoins will no longer be needed because Bitcoin will have all the necessary functions.

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January 04, 2019, 07:00:32 PM
 #12

Some violas have real benefits. They will develop. But very few. Among the large masses they are lost
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January 05, 2019, 08:15:51 AM
 #13

This is the view of gamblers. In fact, the altcoin has depreciated a lot. If the investment does not correctly invest in the already dead altcoin, you may go bankrupt. So I don't like the altcoin, you should consider the investment of mainstream coins.
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January 05, 2019, 08:20:46 AM
 #14

Yes, I agree with you. Thanks to altcoins, you can make a big profit. But to choose a good altcoin you need to study a lot and analyze it.
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January 05, 2019, 08:24:59 AM
 #15

generally people's views vary. if I agree with your words, altcoin provides a lot of convenience because the price is cheap and can be reached by anyone, different from bitcoin even though the potential is large but not everyone can afford it.

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January 05, 2019, 08:26:14 AM
 #16

No, bitcoin is the best.

That's one of the essence of having altcoin but it doesn't mean that altcoins are the best. They can be manipulated especially those coins that isn't decentralized. You're likely to lose your money if you choose the wrong altcoin.



 

 

 

 

 

 


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January 05, 2019, 08:30:32 AM
 #17

but the coin u choose must be good coin Cool
That is the catch here. Finding the right and potential coin must be the big challenge in dealing with altcoins. But, we are having more number of reputed coins now a days but most of the coins are corporate based coins that is the reason I am still not finding comfortable with dealing altcoins. Altcoins are good for short-term and for those people who want to manipulate the direction of the market on their own preferences.

They can be manipulated especially those coins that isn't decentralized. You're likely to lose your money if you choose the wrong altcoin.
That is the biggest problem of corporate based coins. But, people are considering them as the best one to trade due to its listing into top coinmarketcap analysis. In some perspective we must need to accept that altcoins are the market movers and we can make profits by riding in their swing.
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January 05, 2019, 08:30:39 AM
 #18

Indeed, there are many altcoins at the moment but those that provide benefits are not all, this depends on the management of the altcoin itself.
We have potential altcoins, but if managed without research and analysis, it will be a loss.
I think altcoin and bitcoin are good for future assets and the best is managing the coins.

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January 05, 2019, 08:37:29 AM
 #19

You are saying one of the reason alt coin is best because you can make more profit from it and it is cheaper? Well, you actually do get more coins, but who told you that you will need to have whole coins to make profit? You can buy fraction of coins too! Buying fraction of bitcoin might actually give you more profit. Again, investing on alt coins are riskier than bitcoin, especially the new ones.

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January 05, 2019, 08:38:56 AM
 #20

Some new altcoins may still have good prospects in the future. But all of them are altcoins made before 2017, after that I don't see any new altcoins that can restore prices even as the market trend is rising

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