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Author Topic: Is it true that ALT coins had a bigger rise than BTC last May?  (Read 432 times)
FullofAlba (OP)
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June 03, 2019, 02:56:25 PM
 #1

I never followed ALT coins' progress and I was wonderng if at this point, is it any good to start getting into ALTs now? Is it anything better or equal to BTC or greater? What you guys say?
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June 03, 2019, 03:00:21 PM
 #2

I suggest you to research a little
You can track the prices and charts on https://coinmarketcap.com

You can compare BTC and Alts

If you want to invest some money on alts, please, research and study first

Do not follow comments like: "it's time to invest on XXX coin", or "invest on YYY coin and be rich", a lot of people invest in coins and try to make another people buy the same coin to rise the price

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June 03, 2019, 03:03:45 PM
 #3


There are some altcoins the had risen up to more than  100% so it must be true. I'm not surprise those who sees the coin to have good potential will always buy back the coins that made them richer. Those coins also have a considerable usecase in the  future and supported by big companies and the community. I'd be excluding the BSV even when it had  gone up.


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June 03, 2019, 03:10:55 PM
 #4

I never followed ALT coins' progress and I was wonderng if at this point, is it any good to start getting into ALTs now? Is it anything better or equal to BTC or greater? What you guys say?

Tactically yes but not all altcoins where pumped in the month of May, 2019. The must pumped (Altcoin) shitcoin was that of the Bitcoin SV, which skyrocketed with almost 101% but look scamming. Altcoins aren't profitable in general, but do due diligence before acquiring them to avoid regret.

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June 03, 2019, 03:22:19 PM
 #5

Yes there are some altcoins which grow last month and you can check on cmc or another website who provide statistic, but to get a profit this month investing on altcoins can be hard because not all months are the same.
FullofAlba (OP)
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June 03, 2019, 03:38:36 PM
 #6

I suggest you to research a little
You can track the prices and charts on https://coinmarketcap.com

You can compare BTC and Alts

If you want to invest some money on alts, please, research and study first

Do not follow comments like: "it's time to invest on XXX coin", or "invest on YYY coin and be rich", a lot of people invest in coins and try to make another people buy the same coin to rise the price
Yes, thank you for the tip. I really intend to learn more about alts first. I've been hodling btc for a while now, And I'm not too eager to jump on the next hot coin. I just want to know more about it since I've been following some threads advising it has gone up in value.
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June 03, 2019, 03:44:44 PM
 #7

<...>
I used to watch this sort of information using Cointracking. You do not need to register to access the charts and stats, and there is one that I particularly like which is the view provided by this link: https://cointracking.info/coin_trends.php.

The page site provides a list that you may sort by price trend (increase/decrease) over a certain period of time (1h/24h/7d/30d). For example, you can sort by price increase over the last 30 days.
Unfortunately, you cannot apply filters such as a complementary marketcap minimum, which you will need to also take into consideration (the information is shown on the list though), alongside with abrupt up and down patterns due to pump and dumps. You can click on the chart hyperlink to get a more detailed version of any chart.
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June 03, 2019, 03:52:35 PM
 #8

2019 is an interesting year for LTC, and considering the halving of it this year, it is worth to observe Litecoin anyway.

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June 03, 2019, 04:43:33 PM
 #9

I think not at all altcoin will be more than bitcoin in this month.
If you want to buy or invest for altcoin in this month, maybe you can track for deeper that XXX coin before you execute it.

And about altcoin price higher than bitcoin, You don't need to wait for the end of this month. Because in the last year, I see one of XXX coin more and more higher than bitcoin. You can check it in CMC or another site like that.
 

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June 03, 2019, 05:10:10 PM
 #10

Well, it is very hard to monitor altcoins today especially when that altcoin is not popular or you haven't held any of it. If you are a hodler of altcoins for sure you will monitor it daily or weekly. Bitcoin has risen a large amount this month and of course, altcoins followed. But some of the altcoins right now increased by 200% to 300% after the rise of bitcoin so I believe alt coins had a bigger rise than BTC without checking the last year's chart.
Bitcoin is the mother coin of almost all of the token in the market that's why they are following what is the status of the btc and also depending on it.
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June 03, 2019, 05:38:13 PM
 #11

I never followed ALT coins' progress and I was wonderng if at this point, is it any good to start getting into ALTs now? Is it anything better or equal to BTC or greater? What you guys say?

Even during the bear market, people can still take advantage of the altcoin's price behavior.

It's just that, what altcoins should be considered.

Honestly, that was a tough thing to know and you can't just follow other's recommendations because of an obvious reason that we all have a different approach. They might successful trading a certain coin but it doesn't mean we can have the same result.

Now to answer the question, there's no such thing as bad timing to get started on ALTS. It's on your own hands how to properly managed it along the way.

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June 03, 2019, 05:43:09 PM
 #12

If you're talking about assurance, Bitcoin is still the best choice. It depends on what you believe is more profitable. There are also potential altcoins which are worth holding but if you will observe, Bitcoin is soaring high these days and it could go even higher so if you want a sure profit, you better invest with Bitcoin. 

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June 03, 2019, 05:54:58 PM
 #13

Not all altcoins are having a bigger rise this year.
Most of them are dropping down and some are actually losing their value. Only top coins are increasing and not every altcoin have the potential to rise better when the bull market runs.
It's still best to invest with Bitcoin because the changes are visible.
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June 03, 2019, 06:42:32 PM
 #14

I never followed ALT coins' progress and I was wonderng if at this point, is it any good to start getting into ALTs now? Is it anything better or equal to BTC or greater? What you guys say?
Btc dominance has been on an increase daily, major alts I've been following have all kept a downward movement. Take sometime to track some alts of your interest and see their progress. May was a bad month for alts in Btc pair.

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FullofAlba (OP)
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June 03, 2019, 06:59:47 PM
 #15

Not all altcoins are having a bigger rise this year.
Most of them are dropping down and some are actually losing their value. Only top coins are increasing and not every altcoin have the potential to rise better when the bull market runs.
It's still best to invest with Bitcoin because the changes are visible.
It's actually dizzying the amount of alts out there and not even 10% of all those are gaining value in the past couple of months despite some alts soaring as high as 200%. I noticed most of the most popular once have even decreased in demand and value. so maybe yeah, I'd rather stick to btc for a while and calculate and learn more about alts I might decide on getting.
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June 03, 2019, 07:13:29 PM
 #16

It looks like it.

1. Create ScamCoin and pre-mine 1000.

2. Now sell one to your best friend for $1000  = Current marketcap $100,000.00!

3. Next have your friend sell it back to you for $2000 = current marketcap $200,000.00 = 100% growth per day!

Now I have a coin that blows bitcoin out of the water on paper. Of course it is actually worthless, but if I can convince a few people otherwise I can sell my pre-mined coins and just walk away from the project. Remember that the "problem" most alts are trying to solve is the problem of you having money that a scammer wants.

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June 03, 2019, 10:07:07 PM
 #17

It looks like it.

1. Create ScamCoin and pre-mine 1000.

2. Now sell one to your best friend for $1000  = Current marketcap $100,000.00!

3. Next have your friend sell it back to you for $2000 = current marketcap $200,000.00 = 100% growth per day!

Now I have a coin that blows bitcoin out of the water on paper. Of course it is actually worthless, but if I can convince a few people otherwise I can sell my pre-mined coins and just walk away from the project. Remember that the "problem" most alts are trying to solve is the problem of you having money that a scammer wants.
Interesting breakdown of what's behind the scene. I don't know how it works with alts but, you seem like you've orchestrated something like this lmao jk
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June 04, 2019, 04:53:23 AM
 #18

My opinion is that Altcoins are capable of becoming an honest and competitive Bitcoin. yes, and it’s time to show how important the power of the idea that the ico projects offer, and not just the crazy mining.
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June 04, 2019, 06:15:58 AM
 #19

My opinion is that Altcoins are capable of becoming an honest and competitive Bitcoin. yes, and it’s time to show how important the power of the idea that the ico projects offer, and not just the crazy mining.
In the real sense no alt can compete with Bitcoin although in Bull run most alts triple in their prices more than Btc can double but at the end Btc still dominates every alt.

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June 05, 2019, 03:40:25 PM
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Well, it is very hard to monitor altcoins today especially when that altcoin is not popular or you haven't held any of it. If you are a hodler of altcoins for sure you will monitor it daily or weekly. Bitcoin has risen a large amount this month and of course, altcoins followed. But some of the altcoins right now increased by 200% to 300% after the rise of bitcoin so I believe alt coins had a bigger rise than BTC without checking the last year's chart.
Bitcoin is the mother coin of almost all of the token in the market that's why they are following what is the status of the btc and also depending on it.

It is not so difficult to monitor altcoins if you do not have over a hundred of them in your portfolio. As for their growth this May, Bitcoin showed better activity, which was a bit unusual. I guess, in June, alts will be faster.
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