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Author Topic: How about investing into altcoins?  (Read 2564 times)
kapalmabur
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October 18, 2022, 02:34:20 PM
 #281

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.
Yes altcoins are always a safer choice than investing in meme coins,
but indeed we must continue to do research and analysis first because it becomes an important part,
Top altcoins like BNB and Ethereum are great for long term investments
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October 21, 2022, 06:23:56 AM
 #282

you better be checking projects that bring the technology to us
point network is one of them, I'm impressed with their roadmap
I don't see any good in that Point network project but pure shilling and promises , What is the Point in there?  Grin

would suggest anyone to keep distance from this or you will end up losing your funds.

investing in altcoins for now in my opinion is very suitable,
because most altcoin prices are currently at the bottom and have fallen by almost -95% of their ATH,
of course this is a good opportunity if you want to buy altcoins at low prices, don't miss it!
but consider Bitcoin as always mate, because indeed that altcoin is cheaper now yet Bitcoin is also cheap compared to the price in the ATH that would be broken again in the coming years.

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.
isn't Greed that made you lose from that scam project ? when you wait for so much profit and ended up opposite side ?

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October 21, 2022, 02:12:30 PM
 #283

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

Yes, right, as investors we must understand and be able to make risks when investing, don't just think of profit because the market is difficult to guess and sometimes the bearish market can occur up to 2 or 3 years.
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