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Author Topic: How about investing into altcoins?  (Read 2579 times)
Wysi (OP)
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December 09, 2019, 09:20:39 AM
 #1

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

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December 09, 2019, 10:23:13 AM
 #2

investing in altcoin is still needed because there are still some altcoins that provide benefits too, although not much. maybe the potential is more on altcoin that has a good rating so at the moment I'm also just focusing on a few altcoins that have a rating in the market, with the aim of finding the potential among altcoins that have that rating
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December 09, 2019, 10:24:24 AM
 #3

Of course, that's why it is better to diversify out portfolio, but majority should be in Bitcoin and the rest altcoins in the top 10. There are a lot of Bitcoin maximalist around here in the community, but I will assume that there are also smart investors who goes into putting their money on altcoins.

The only thing worth to mentioned though is that majority of altcoins moves along Bitcoin. So it's very very hard for altcoin to push the price unless Bitcoin goes on another bull run. But when everything is right, like we have seen in 2017, altcoins will eventually bounce back and possible that majority of them will hit another all time high. So diversification is the key here.

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December 09, 2019, 10:35:24 AM
 #4

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Yes, you can actually earn more in the long run from altcoins. However, you have to be really careful about what projects you invest into. Try to stick to the top 50 or so coins on coinmarketcap to limit the amount of risk you'll be taking. If you want to be really safe but still make money in the long run, stick to Bitcoin. However, if you want something a little more risky with a higher upside, then try to find something around the #50 spot on coinmarketcap.
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December 09, 2019, 11:05:07 AM
 #5

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
It's not true. the fact that if even the major coins like ADA, Tron and another altcoin major coin are also following bitcoin and get the same trend as bitcoin. We must take a big risk by putting our focus to the medium altcoin to get the best volatility as the majority of coins are getting a huge increase was coming from the medium tier like tezos, etc.
If you have a lot of money and that's enough to spend a small percentage to bet on the medium coin which was having the best volatility.
If that project is a good project and it has a lot of chances to be the next major altcoin like those coins were exist in the market. ADA, TRON, and many more start from nothing to something

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December 09, 2019, 11:24:54 AM
 #6

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Not every investor holding Bitcoin with that assumption. Some of them just want to save their assets in Bitcoin as it is the only independent currency in term of price. Just because people holding Bitcoin doesn't always mean that people believe the Bitcoin price will increase and just like when you hold your local fiat.

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December 09, 2019, 11:38:02 AM
 #7

why not, many people say that but not the new Altcoin, it only applies to old Altcoins and is listed in the top coinmarketcap, many I have invested are some Altcoins that have good potential because their development, promotion and team are very active until now, so speaking for investment do not choose the wrong make sure they are still active that's all

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December 09, 2019, 11:44:15 AM
 #8

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
That's good because I'm sure there will be some altcoins that have a higher percentage increase than BTC, and I have prepared some altcoins that I will hold.

I hope there will be at least one altcoin that I hold will have a good price so that I can optimize revenue when the bull run occurs.

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December 09, 2019, 12:30:44 PM
 #9

Why focus in altcoins if everyone is focusing in bitcoin? I mean you can focus in bitcoin but at the same time invest to altcoins of your choice. You can diversify into altcoins but don't be over hype with what you're hearing with those altcoins.

I'm also an altcoin investor but I'm more focused with bitcoin because I know what I'm doing. If bitcoin pumps, other alts will also get affected but it's easier to look into bitcoin prices. And if you're hearing trying to convince others and focus with altcoins, I don't think that many will follow that advice.

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December 09, 2019, 12:43:10 PM
 #10

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

It's getting harder and harder to pump altcoins because a) you need a lot of money and b) you need others on the same exchange to follow, and usually they just don't.

It's different from the olden days when there were really only three main alt exchanges (Cryptsy, Mintpal and Poloniex) and it was easy to organise a pump across them all.

 
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December 09, 2019, 12:50:58 PM
 #11

I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

I don't see any value those altcoins can offer. I also don't see how they can pump any time as you said. When Bitcoin pumps, these alts are probably gonna down in BTC value, mostly keeping their USD value the same. As long as there is no alts with real, usable, relevant innovation I'm not pouring more money into alts.
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December 09, 2019, 12:55:23 PM
 #12

Why focus in altcoins if everyone is focusing in bitcoin? I mean you can focus in bitcoin but at the same time invest to altcoins of your choice. You can diversify into altcoins but don't be over hype with what you're hearing with those altcoins.

I'm also an altcoin investor but I'm more focused with bitcoin because I know what I'm doing. If bitcoin pumps, other alts will also get affected but it's easier to look into bitcoin prices. And if you're hearing trying to convince others and focus with altcoins, I don't think that many will follow that advice.

agree with all your opinions
I only invest in altcoin top 10 coinmarketcap for me it was enough to be able to focus more on making money. if I think bitcoin pump altcoin in the top 10 that will first look affected in the market

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December 09, 2019, 01:03:09 PM
 #13

Why focus in altcoins if everyone is focusing in bitcoin? I mean you can focus in bitcoin but at the same time invest to altcoins of your choice. You can diversify into altcoins but don't be over hype with what you're hearing with those altcoins.

I'm also an altcoin investor but I'm more focused with bitcoin because I know what I'm doing. If bitcoin pumps, other alts will also get affected but it's easier to look into bitcoin prices. And if you're hearing trying to convince others and focus with altcoins, I don't think that many will follow that advice.

agree with all your opinions
I only invest in altcoin top 10 coinmarketcap for me it was enough to be able to focus more on making money. if I think bitcoin pump altcoin in the top 10 that will first look affected in the market
but there are still altcoins that are not on the top 100 but they are worth it to invest our money. Next bull run,some altcoins on the top 100 will be de thrown on thier spot.
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December 09, 2019, 01:10:18 PM
 #14

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

I don't think everyone here is just hanging out with bitcoin.
in altcoins we invest in the same way but do you wonder if the market is bad? Undecided
not me because the alts bleed like crazy and who invests currently must reckon with the total loss.
well, that can happen with bitcoin, but the risk is certainly greater with almost all alts.
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December 09, 2019, 01:18:47 PM
 #15

you know bitcoin will pump because of halving next year, but you choose altcoin because you predict it is going to pump too. do not you think it is funny? you choose something that is not certain and leaving the golden opportunity in front of you because of your prediction. trader always looks for profit, be wise with every action you make because it will be your downfall if you do not do it carefully.


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December 09, 2019, 01:23:48 PM
 #16

you know bitcoin will pump because of halving next year, but you choose altcoin because you predict it is going to pump too. do not you think it is funny? you choose something that is not certain and leaving the golden opportunity in front of you because of your prediction. trader always looks for profit, be wise with every action you make because it will be your downfall if you do not do it carefully.


I don't think bitcoin will pump on same year with their halving. Bitcoin was always pumped so high after halving hapened on the next year.

Trust me OP, I've invested in some altcoin as you say but none of them bring me much profit until now. Being on top altcoins doesn't mean that coin will be safer than other coins
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December 09, 2019, 01:52:51 PM
 #17

Investing bitcoin right now is the right cheap price in a few weeks have you bought it from now because when bitcoin has started to pump then you will regret it too late.
for altcoin it is not necessary to depend on bitcoin increase we all know that altcoin is indeed experiencing a drastic decline but the short term is good if you are strong then do it.

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Pelunize12
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December 09, 2019, 01:53:11 PM
 #18

This is bitcoin time, so bitcoin gets more attention than altcoins. so, most of altcoin would be dump as you can see
just several altcoins can go pump in this time, even top altcoin can't go pump too

but, most of altcoins is just pump and dump. especially when there is any news or good thing happens
the coin hyped and then pump so crazy, after that dump so hard and cant get up again.
DaMut
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December 09, 2019, 01:56:19 PM
 #19

you know bitcoin will pump because of halving next year, but you choose altcoin because you predict it is going to pump too. do not you think it is funny? you choose something that is not certain and leaving the golden opportunity in front of you because of your prediction. trader always looks for profit, be wise with every action you make because it will be your downfall if you do not do it carefully.


I don't think bitcoin will pump on same year with their halving. Bitcoin was always pumped so high after halving hapened on the next year.

Trust me OP, I've invested in some altcoin as you say but none of them bring me much profit until now. Being on top altcoins doesn't mean that coin will be safer than other coins
yes, the pump usually will happen a year after the halving, but right now I am giving an example to people that think they will get a ton of profit by holding altcoin when they do not know what will happen to the altcoin.

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wajik-tempe
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December 09, 2019, 02:27:46 PM
 #20

We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.

Even in this current bitcoin price condition some altcoins are rising with it's own because the community is getting bigger and people are seeing potential from altcoins such as NRG right now it is on fire and people are pumping it hard. So i think we should invest in altcoin while we wait bitcoin halving to touch the market.
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