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Author Topic: How about investing into altcoins?  (Read 2564 times)
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December 10, 2019, 12:38:20 PM
 #41

Everyone's talking about alts today, seems like MATIC coin triggered the debate. Of course investing in alts is a good idea, but be sure you investigate them thoroughly since there are multiple scam coins. I'm looking forward to armour my wallet with new coins doon: XRP, NEO, NWC, XLM

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December 10, 2019, 01:41:13 PM
 #42

If we can find the right altcoin, you will have a chance to make a profit, and that means you can get more bitcoin. Many potential altcoins can increase higher, but we are difficult to find the right coin, and we need to analyze one by one. But I am sure if bitcoin can rise higher, the altcoin will follow too. I guess we are almost seeing the bull market because of bitcoin and altcoin now are moving to a higher price. Many of us expect to see what was happening in 2107.
altcoin hasn't moved to a higher price at all !, and Bitcoin is likely to bleed again too, now Bitcoin is trading at $ 7354 and you know the decline is very sharp,
we are still waiting for bitcoin dominance to decrease even higher because it could be the altseason coming
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December 10, 2019, 02:35:57 PM
 #43

Because BTC will not be alone, of course, there are ALTs that will also survive, although some alt are garbage, but there are some who develop their projects for the advancement of crypto other than just for the pump. / dump.
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December 10, 2019, 02:41:02 PM
 #44

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.
People are in focus with bitcoin because they know that even the price went down but we could expect to rise back unlike with altcoins. Though some of them( altcoins) remain to its potentiality but in terms of profiting in the current situation, we can't expect to have it. People choose bitcoin because they give trust to it and they believe that they don't get disappointed in the future.

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December 10, 2019, 03:46:09 PM
 #45

Everyone's talking about alts today, seems like MATIC coin triggered the debate. Of course investing in alts is a good idea, but be sure you investigate them thoroughly since there are multiple scam coins. I'm looking forward to armour my wallet with new coins doon: XRP, NEO, NWC, XLM
No matter how many altcoins you name if those tokens were not in the top list of cryptocurrency in markrtcap it's still useless because most of those tokens were shitcoins. Investment required some knowledge of the said crypto that you want to invest to fully understand what and how would that kind of crypto react to the market because some of these tokens were almost no movement.

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December 10, 2019, 04:30:59 PM
 #46

If you doesn't mean some shitcoins which there are plenty of them, yes, some altcoins are really worth of investing
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December 10, 2019, 04:37:52 PM
 #47

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.

afterall the altcoins market is still there so i just don't want to assume if investing in altcoins is not a good idea but it is an idea that can still be accepted sensibly, with the altcoins market still able to move then of course it still has good opportunities all the time and when the bitcoin price pump happen it is very likely the altcoins market will grow bigger

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December 10, 2019, 04:44:54 PM
 #48

There's no harm in investing with altcoins during this market situation. We can still invest if we want. It's actually the best time for us to purchase alts because the prices are still low. We only have to look for coins with a higher capability growing in the future. If we'll invest now, we should keep in mind that it may take a long time because it isn't the best season in gaining a good profit through altcoin investment.

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December 10, 2019, 04:52:11 PM
 #49


Investing in altcoins is good when bullrun had already begun. While its yet not starting, investing into ADA and TRON is good because its very cheap, you could have thousands of it with just $100. You can imagine how much you will have if ADA turned more than $10 but that's a long shot for now, maybe 5-10 years.

The good thing about ADA is that you can stake it to profit while holding the token.
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December 10, 2019, 05:28:32 PM
 #50


Investing in altcoins is good when bullrun had already begun. While its yet not starting, investing into ADA and TRON is good because its very cheap, you could have thousands of it with just $100. You can imagine how much you will have if ADA turned more than $10 but that's a long shot for now, maybe 5-10 years.

The good thing about ADA is that you can stake it to profit while holding the token.
but I think more of trying to find coins that can provide benefits in the short term, the goal is that when doing hold does not take long. compared to having to buy and wait for the bullrun to arrive that is not yet certain when it will arrive. so I thought about researching first and then looking for coins that you want to invest with short-term goals

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December 10, 2019, 10:37:18 PM
 #51

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
Likely that they are the first one to get affected if bitcoin pumps. There are people that don't see the potential in too much altcoins but just for the very few and it's your option to get with those altcoins if you think you're doing it correctly.

You can have bunch of cheap altcoins but don't have that kind of expectation which it will be the most affected if bitcoin stumbles or rises.

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December 10, 2019, 11:28:58 PM
 #52


Investing in altcoins is good when bullrun had already begun. While its yet not starting, investing into ADA and TRON is good because its very cheap, you could have thousands of it with just $100. You can imagine how much you will have if ADA turned more than $10 but that's a long shot for now, maybe 5-10 years.

The good thing about ADA is that you can stake it to profit while holding the token.
but I think more of trying to find coins that can provide benefits in the short term, the goal is that when doing hold does not take long. compared to having to buy and wait for the bullrun to arrive that is not yet certain when it will arrive. so I thought about researching first and then looking for coins that you want to invest with short-term goals

Investment in cheap altcoin is tempting if there is a spike and prices rise several times from when buying, but the question when will it happen? if waiting 5-10 years is certainly too long, it is very certain that the ride may not even be worth it. I strongly agree to try to analyze and look for altcoin that can in the short term go up, of course it's better than waiting too long.

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December 10, 2019, 11:48:18 PM
Last edit: December 11, 2019, 12:02:58 AM by tiptopgemdotcom
 #53

Well, investing through making decent research is somehow understandable but ignorant investors don't make their project research before investing. Investing in risky altcoins is also another version of making money which brought so many speculators in the financial markets included crypto markets. Despite the low volume and small total market cap compared to the BTC, ETH the potentially good altcoins will climb their all-time high prices soon.

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Shasha80
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December 11, 2019, 02:38:40 AM
 #54

It's true we shouldn't focus too much on investing in bitcoin, because there are still many altcoins that have very good potential.
I personally always share the capital that I have 50% for investments in bitcoin and 50% for investments in altcoins. And I choose
altcoins which have high popularity and also have high volume. Such as Ethereum, Litecoin, Binance coin, Stellar and Ripple. I do not
arbitrarily choose altcoins, first I do an analysis and research on the altcoins that I will buy. So my advice don't need to be afraid of
investing in altcoins, because if bitcoin goes up altcoins will also go up.

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d3nz
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December 11, 2019, 03:03:29 AM
 #55

Obviously, only some altcoin that has potential to buy and listed in coinmarketcap top 50. But still bitcoin is really the one that we need tk accumulate more because it could go up before the halving or after and take advantage to make a profit.

And when investing an altcoin you should make a research and community if its still active or not because some of investors are just making a hype to buy the token/coins to gain a profit from others.
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December 11, 2019, 05:53:39 AM
 #56

Some individuals have actually had their fair share of losses investing in altcoins, which made them to stick with bitcoin. Most altcoins, presents you with an early opportunity to make profit, which is why you should invest in them. But having to choose the type of altcoin you invest in, is paramount, because investing in good and promising altcoin with potential, gives you the hope of making profit on your investment.

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December 11, 2019, 06:04:15 AM
 #57

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.
If me i will pick what is safer. Although both have risk, but we should pick for investment which one have less risk.  Not say that altcoin is bad, but if must compare or maybe if pick altcoin, i will really careful how to pick it and really pick coin which still survived in future.

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December 11, 2019, 06:23:59 AM
 #58

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, bitcoin is in a period of high volatility and its price is quite confusing. It seems its fluctuations to kill the buyer's stoploss. Now is a good time to buy potential alts. Matic is an example. Although its price has dropped by more than 80% in an hour and it is alleged that Matic's team has sold all the coins they got since unlocking. but CZ stated that matic's team was not involved in this incident and that it was caused by a group of big traders. So the technology of Matic and their team is still working hard, now we can buy it cheaply.

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December 11, 2019, 06:49:14 AM
 #59

so I think we should invest into reputed altcoins as well.
Everyone is free to have his preference for investing in altcoins. Even I, invested in altcoins but I choose the best that I can. I've got ETH and thinking of adding more of it but I use to avoid those known reputed altcoins by others but for me, they are no good.
Every top altcoins has fans and investors but not all of them are worth to invest, just saying.

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December 11, 2019, 07:27:41 AM
 #60

so I think we should invest into reputed altcoins as well.
Everyone is free to have his preference for investing in altcoins. Even I, invested in altcoins but I choose the best that I can. I've got ETH and thinking of adding more of it but I use to avoid those known reputed altcoins by others but for me, they are no good.
Every top altcoins has fans and investors but not all of them are worth to invest, just saying.

Yes, it is very good to grab more ETH coins because we are seeing some complete downturn in the market and this will surely help the ETH to hold it in the long term, whenever the price drops, it is very good grab the ETH coins and it will surely help us to hold it in the long term.
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