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Author Topic: How about investing into altcoins?  (Read 2564 times)
lalabotax
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October 04, 2022, 09:55:32 PM
 #261

Indeed, with current market conditions it is too risky to invest in new projects,
top coins are always a good choice especially with the current conditions where we need to hold on first,
You are right. Simply avoid joining a new project during the bearish season. New projects have a very small chance to survive during this bearish market, they seem very easy to fail. The most recommended coins to buy are always top altcoins like BNB, ETH, SOL, DOT, ADA, etc. The top altcoins have been proven to survive well, and they are at very cheap prices right now. It is the right time to buy top altcoins.


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October 04, 2022, 09:59:17 PM
 #262

Indeed, with current market conditions it is too risky to invest in new projects,
top coins are always a good choice especially with the current conditions where we need to hold on first,
You are right. Simply avoid joining a new project during the bearish season. New projects have a very small chance to survive during this bearish market, they seem very easy to fail. The most recommended coins to buy are always top altcoins like BNB, ETH, SOL, DOT, ADA, etc. The top altcoins have been proven to survive well, and they are at very cheap prices right now. It is the right time to buy top altcoins.


We arent talking cheap but rather people would be finding out projects which would really give them the probability on making or hitting up 100x or more returns thats why they do really touch up these low caps or new
projects and skip out those top ranking coins since it cant really be possible to hit up those numbers in a short time on what they do have in mind.This is why they do really take up risk and ending up on following these
kind of path or decisions.Investing on altcoins is never been bad option since we cant just fully go all in with Bitcoin and we do really have that diversification thing.
If you could bare up and could put some risk on altcoin investment , then its  your full choice since its your money after all.

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October 04, 2022, 10:33:31 PM
 #263

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October 04, 2022, 10:37:53 PM
 #264

Investing altcoins is a very fun thing, there is always the potential for coins to skyrocket so I always make altcoins the biggest asset compared to bitcoin, the old coins keep improving and every day at least 15 new coins appear.
the fluctuation that it have indeed could make it very interesting investments even though there's big chance that your investments will just turns into massive disappointment, at least there's higher chance of making the investments become huge just by investing very few dollars, so I guess it's worth the risk due to the investment potential.

Kimonoe
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October 05, 2022, 08:36:02 AM
 #265

Investing altcoins is a very fun thing, there is always the potential for coins to skyrocket so I always make altcoins the biggest asset compared to bitcoin, the old coins keep improving and every day at least 15 new coins appear.
the fluctuation that it have indeed could make it very interesting investments even though there's big chance that your investments will just turns into massive disappointment, at least there's higher chance of making the investments become huge just by investing very few dollars, so I guess it's worth the risk due to the investment potential.
By participating with a few dollars, I think this is suitable when calculating the risk. investing in new coins is hard to predict, so there's an element of luck to see it pump, because it often doesn't last and ends up being dumped and abandoned by the devs. for me it would be more comfortable to choose the old altcoin at the top rank on coinmarketcap, although that is also not free from risk

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Uzairjutt275
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October 05, 2022, 10:55:17 AM
 #266

Investing altcoins is a very fun thing, there is always the potential for coins to skyrocket so I always make altcoins the biggest asset compared to bitcoin, the old coins keep improving and every day at least 15 new coins appear.

First you do your own research and then invest in altcoins. Every new altcoins don't have potential and go to moon. It is too risky to invest in these altcoins. Best choice to invest in top altcoins like BTC, BNB, ETH etc in these altcoins risk is almost zero

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Mario Yamasaki
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October 05, 2022, 01:02:59 PM
 #267

Investing Altcoins is a very good thing because of the potential for big profits rather than bitcoin, but the thing we have to do is always monitor market conditions or prices so that when there are big problems like Luna then we can immediately take action.
RussiaUkraineTranslation
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October 06, 2022, 02:36:38 PM
 #268

Altcoins are more risk more reward. In the early of stages there weren't many options and BTC was a lower market cap and had high returns so there was no reason to risk investin in altcoins. Also the technology had not progressed much back then and there was no reason to invest in something with higher risk but using the same tech as bitcoin. Now bitcoin is considered obsolte because it cannot scale and has no smart contract functionality. Whales who invested early in bitcoin use their funds to promote bitcoin in the media and slander altcoins but you can't stop the advancement of technology. Altcoins now produce higher returns than bitcoin and make much better investments, particularly if you have less money to invest and are looking for higher returns. I'm currently looking to invest in some new projects launching now, namely Lamina1, MAXX finance, and SUI. This next generation of cryptos are a major step up technology wise compared to Ethereum and Litecoin.
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October 15, 2022, 06:02:01 AM
 #269

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
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October 15, 2022, 10:23:16 AM
 #270

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
That has all changed and we can see investing in top altcoins like Ethereum and BNB will be profitable,
how do those who chant Ethereum as a scam coin and realize that Ethereum is currently the top altcoin,
immediately add these two coins in your portfolio Cheesy

kapalmabur
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October 15, 2022, 06:19:57 PM
 #271

It's time to invest in altcoins now!. because on Binance altcoins are really showing strong bullishness, you can see a 50% - 300% increase on binance,
if you miss PHA, LTO or ACH I think there are still potential altcoins like MOVR, POLS and FORTH, don't miss it again, buy and hold for short term.
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October 15, 2022, 07:46:35 PM
 #272

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.

As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.

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October 15, 2022, 09:59:17 PM
 #273

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.
Yeah, when it was around 2016-2017, there have been a huge success for the ICO investing and almost every altcoin is bound to succeed. It did somehow happen last year when meme coins and many altcoins became a huge success too. But it's not going to be there at most times, as you have said, scams are still there and they were never gone. If you have found yourself sitting with altcoins and then making money from there, it's your best choice but having and being in bitcoin still is one of the best choice even if you're into altcoins.

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October 16, 2022, 09:59:10 PM
 #274

As the word altcoin is only a stepping stone to reach bitcoin.
What do you mean? Do you mean we invest in altcoins to get money for buying Bitcoin? I don't understand, bro.

What's more, new altcoins are still popping up with various products and features.
I think we have too many altcoins. Although they have varied products, it doesn't guarantee to survive a long time. Too many new altcoins only exist for a few months. Then, they disappear because of less interest of people to buy the altcoins. I see many of new altcoins are delisted on the exchanges during this year.

For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
Yes, BNB and ETH are the most recommended altcoins to invest in. But we must be smart to choose the right time to buy them. Just wait for a huge dump during this bearish season to buy them, it is absolutely the right way to gain good profits.



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October 17, 2022, 03:40:17 AM
 #275

To get profit in investment, we don't have to always focus on btc only.  Because options other than btc still exist such as eth and Bsc that can give us profits, both in the short term and also in long term investments.

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October 17, 2022, 02:29:18 PM
 #276

To get profit in investment, we don't have to always focus on btc only.  Because options other than btc still exist such as eth and Bsc that can give us profits, both in the short term and also in long term investments.
BTC and ETH have such large marketcaps that they will likely not make normal people wealthy. You are better off investing in microcaps like DRC and 0xMR or in newly launched projects like Aptos and MAXX finance.
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October 17, 2022, 03:22:52 PM
 #277

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.

As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
nft market looks drop alot since bearish trend started, alot speculator avoid investing in NFT which recognized as usual art. Maybe if it could survive limited on NFT gaming that have usefull utility in metaverse gaming projects. Top perfomace altcoin for long term were no doubt for eth and bnb ,investtors confidence to hold it.
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October 18, 2022, 10:03:41 AM
 #278

Investing in altcoins is a very good thing but we have to understand the risks, if we are new then investing in the top 30 is a better thing, don't be surprised if there are high price fluctuations because cryptocurrencies are purely decentralized.
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October 18, 2022, 11:39:26 AM
 #279

In past investing into alternative coins was big thing for many people in crypto world. Nearly everyone considered most of altcoins as scam back then. I can remember people chanting scam to Ethereum. But nowadays people focus more on making money through altcoins to buy more Bitcoin later on. So its viable strategy to buy altcoins. I currently doesn't own altcoin in my portfolio but I will add Ethereum and BNB through time.

As the word altcoin is only a stepping stone to reach bitcoin. What's more, new altcoins are still popping up with various products and features. I also see that the NFT market is now starting to lose interest, unlike last year. For ethereum and BNB no doubt both are top 5 coinmarketcap, so you found the right investment place.
nft market looks drop alot since bearish trend started, alot speculator avoid investing in NFT which recognized as usual art. Maybe if it could survive limited on NFT gaming that have usefull utility in metaverse gaming projects. Top perfomace altcoin for long term were no doubt for eth and bnb ,investtors confidence to hold it.

I really don't understand people who buy NFT images and think they will earn a lot of profit in the future just like what happened before. I would prefer to buy altcoins that have the potential to increase their value in the future and hold them for a very long time.

But even though NFTs are not really trending as of today, there are still people who buy a pricy image file and the luck is on the seller.
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October 18, 2022, 01:39:25 PM
 #280

Investing in altcoins is something that can make us big profits or vice versa, what happened with the LUNA case will certainly be hard for me to forget, I lost a lot of money in a short time, and now I'm trying to find altcoins that I will hold for the long term.

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