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Author Topic: Is Investing In AltCoin Still Worth it in 2019?  (Read 2807 times)
enterprevic2 (OP)
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June 05, 2019, 11:18:32 AM
 #1

Found this online and thought it might be helpful for new investors like me

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In the ever-expanding world of digital currency, Ethereum is one of the most promising technologies on the market.

Since its birth in 2015, the digital currency has grown by over 45,836%:

Ethereum’s rapid growth has transformed paupers into millionaires. But despite its skyrocketing value, very few people actually understand what Ethereum is or why it’s a good investment.

For those of you who don’t know what Ethereum is, it’s important to understand that it’s much more than just a digital currency.

1. Ethereum Could Have More Application Than Bitcoin
As a whole, digital currencies have a lot of selling points. Many digital currencies use blockchain technology and finite market caps. These digital currencies are hyperinflation-proof, free from big banks, and open to the individual.

That being said, blockchain technology is certainly one of the key selling points behind digital currencies.

2. Ethereum Is Backed by Multiple Fortune 500 Companies
One of the strongest pieces of evidence for Ethereum’s long-term prospects is the Enterprise Ethereum Alliance (EEA).

In February 2017, multiple major companies — including dozens of Fortune 500s — decided to collaborate on furthering the Ethereum network technology, with the goal of incorporating it into their businesses. This group includes companies like Intel, Microsoft, JPMorgan, BP, and Thomson Reuters. Now in 2018, the EEA is over 200 members strong.

Full Post here: https://malepursuit.com/invest-in-ethereum-ripple-litecoin/

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mackstuart
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June 05, 2019, 11:35:28 AM
 #2

Ethereum is a huge ecosystem, so the Ethereum blockchain can be used in many types of activity, I see a lot of potential in the ETH coin and I can say with confidence that it will be a very good investment!

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June 05, 2019, 11:40:12 AM
 #3

Ethereum is a huge ecosystem, so the Ethereum blockchain can be used in many types of activity, I see a lot of potential in the ETH coin and I can say with confidence that it will be a very good investment!
I agree. ETH has a bright future because almost of the platform are supported by this. ETH is worth of investing now as it could gain high price in the future. It is the first option when choosing an investment with altcoins. Old altcoin are profitable and doing good in the market than the new one.

CryptoIyke
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June 05, 2019, 11:42:19 AM
 #4

I think there is a lot more reasons why etherium will still be the number one altcoins not only in terms of choice for investment but its use case and development. The pricing is simply its response to market conditions which every coin does and it will eventually rise to another all time high, alts investment is a sure deal

mikelsmith2020
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June 05, 2019, 11:51:39 AM
 #5

It's true however the Bitcoin has more users and considered as the usd in cryptocurrencies well i may say that it's really worth investing to altcoin as well they are the alternatives to bitcoin and they have different uses and own advantages but also have their own disadvantages.

Just be careful since some of the altcoins are not worth investing for i suggest to look at the top 100 of the coin market cap and study the coins well.

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Cacingkemi
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June 05, 2019, 11:53:48 AM
 #6

Investment in ETH is indeed very feasible and ETH really has a strong community, the ETH platform is also very popular with other projects so ETH is indeed very suitable for investment yeah.

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June 05, 2019, 12:00:52 PM
 #7

Ethereum is an altcoin unlike no other altcoin, it started the explosion of the crowdfunding in the cryptocurrency world, it's smart contract makes it easy to create a token whereby, companies can now launch their own ICO using Ethereum's smart contract, there are other good altcoins in the market, but it's hard to duplicate Ethereum's success.
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June 05, 2019, 12:02:15 PM
 #8

I think invest on altcoins still worth and who invest now can get a profit but will take time for altcoins bull run, next year will be possible before bitcoin halving i believe and i think Ethereum is a good choice.
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June 05, 2019, 12:09:17 PM
 #9

ETH has more apps and more companies using it,but that doesn't mean that the ethereum price is about to explode.ETH doesn't have limited supply,so the supply of new ETH can overcome the increased demand,hence the ethreum price will never reach above 1000 USD again.

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June 05, 2019, 12:14:15 PM
 #10

Ethereum is a huge ecosystem, so the Ethereum blockchain can be used in many types of activity, I see a lot of potential in the ETH coin and I can say with confidence that it will be a very good investment!

The advantage for Ethereum is that currently ETH enjoys a complete monopoly as far as smart contract platforms are considered. IT's competitors, such as Stellar, Waves and NEO are showing not much growth, both in terms of development and acceptability. ETH can make use of this opportunity and by the time of the next bull run it can reach new ATH. 
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June 05, 2019, 12:32:44 PM
 #11

I think invest on altcoins still worth and who invest now can get a profit but will take time for altcoins bull run, next year will be possible before bitcoin halving i believe and i think Ethereum is a good choice.
Altcoin is at a very cheap price compared to 2019 and this cheap price will help us earn a high profit if we can patiently keep it for a long time. In fact, some of the coins have improved in the past 2 months and that made me believe that this market will soon enter the growth phase and it will happen in August. It may be risky to trust those coins but watch this market carefully because this market always has many things that make everyone surprised.

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June 05, 2019, 12:41:31 PM
 #12

Personally, I still believe in Altcoin. Especially in Ethereum, NEO and Stellar Lumens.
Cardano also a good option to invest. But they wallet (Cardano) still have an issue.
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June 05, 2019, 12:47:07 PM
 #13

Ethereum is a huge ecosystem, so the Ethereum blockchain can be used in many types of activity, I see a lot of potential in the ETH coin and I can say with confidence that it will be a very good investment!

ETH is indeed have a good performance up to date knowing it never failed to become profitable to those who knew it. I believe altcoin will also rise this year alongside with the popularity of bitcoin. We cant deny the fact that ETH is the number 2 leading cryptocurrency. Who knows? Maybe it can replace bitcoin on being top in years.

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Karlinz
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June 05, 2019, 01:04:56 PM
 #14

No matter the condition of every market as long it still exists, there is always opportunity to make money in it, even in the last year bear, certain altcoins were still able to make some profits, the 2019 appears to be a very stable year for crypto with btc showing good sign of an uptrend most altcoins will definitely follow suit, I will say, yeah, it is safe but never throw caution to the wind, apply the necessary safety

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June 05, 2019, 01:09:14 PM
 #15

One of my best token to invest is Eth, very professional team and promising token. It's really worth to buy and hold because no matter what happen to price even it will reach to the dip it will rise again because of the used case on this token.
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June 05, 2019, 02:55:35 PM
 #16

Ethereum is an altcoin unlike no other altcoin, it started the explosion of the crowdfunding in the cryptocurrency world, it's smart contract makes it easy to create a token whereby, companies can now launch their own ICO using Ethereum's smart contract, there are other good altcoins in the market, but it's hard to duplicate Ethereum's success.

Yes I know that many successful projects are bridged by ethereum, and many top 100 cmc tokens use this ethereum platform. I see that ethereum is very special indeed, this coin in my opinion is multi-functional in terms of business, investment, and transactions ethereum is able to do it and all are very suitable and perfect for eth.
But in my opinion even so, this coin still can't beat bitcoin. Bitcoin has a name and popularity over eth. And sure enough so far there are still no other coins that can duplicate this ethereum even though EOS and TRON are starting to rival it.
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June 05, 2019, 03:01:22 PM
 #17

Altcoins have 45 percentage of total market cap of cryptocurrency market which means half of the people are still using are holding altcoins so it is definitely worth to who invest on altcoins but there are many e useless shit coins are available it was created by the people how to make profit and then leave the investors without any notice so you need to be careful on investing and the new projects which can take away all your money for useless tokens.
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June 05, 2019, 03:07:10 PM
 #18

Yes, of course, it's still worth investing in altcoins but only pick coins that are considered stable coins like those on the top 5, they have volume platform and there is liquidity, ignore ICO coin they are just a total waste of time, you can check coins that are in IEO but do your own research.

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June 05, 2019, 03:16:06 PM
 #19

It is of course worthwhile to invest in altcoins this year because of the cryptocurrency market as well as the many new projects that have come a long way. And because of the critical situation of the cryptocurrency market there are so many investors to invest in again and here a project that is good investing in our currencies and Dencoin tokens.
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June 05, 2019, 04:57:06 PM
 #20

Altcoins have 45 percentage of total market cap of cryptocurrency market which means half of the people are still using are holding altcoins so it is definitely worth to who invest on altcoins but there are many e useless shit coins are available it was created by the people how to make profit and then leave the investors without any notice so you need to be careful on investing and the new projects which can take away all your money for useless tokens.
You may be surprised, but most people hold and use altcoins. At the same time, +50% of BTC and ETH are held by very few.
Someday the distribution of capitalization (45%X55%) will change significantly if the cryptocurrency remains decentralized.

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