Altcoin provides more long-term profits

[Surrapatt]

Altcoins are not performing well since 2018, and the only Bitcoin is growing. Still, I think after reach the price of Bitcoin at the level of $10000, other altcoins will also perform well but should be patient for long-term and also should invest in good projects, not in every project or low worth project.

That's right, so for this year many hope that the price of bitcoin should improve in all markets, so that altcoin will also follow in the footsteps of bitcoin even though it has to be patient in a slightly longer period of time.

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[novaprime]

Altcoins are not performing well since 2018, and the only Bitcoin is growing. Still, I think after reach the price of Bitcoin at the level of $10000, other altcoins will also perform well but should be patient for long-term and also should invest in good projects, not in every project or low worth project.

Altcoins are usually unpredictable investments and lots of coins are highly volatile, so be careful and always consider investing carefully. Currently, I only trust some coins in top 50 CMC because these are projects that people appreciate very much if they choose to invest. For me, Bitcoin is the best coin in this market because any volatility will affect altcoins.

According to everyone prediction,  altcoin season will occur this year and based on what is happening, hope this will come true because so many investors are expecting.

[infarterr]

It is possible to get more profit by stacking some alternating coins. However, if the price is reduced then the irony has to be acknowledged.That's the problem. However, stocking does not kill the capital anyway.

And alternative coins that are stacked must also really have good quality and a lot of value, because if you only pile alternative coins that have no price, then obviously a lot of profits will never get us.

[Landak]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

choosing the wrong altcoin will make you lose more and more of your investment capital. You realize that the influence of bitcoin is very strong, imagine if you invest altcoin which is very cheap when bitcoin goes down then what will happen is your assets will drop dramatically. I mean here is altcoin which doesn't have a strong foundation. if you buy and invest altcoin like xrp maybe you will be safe because basically this is good for long term or short term.

[Sab11]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

i only choose to the top 100 in coinmarketcap, im tired in investing in altcoins below top 200 in cmc, its just a waste of money and also time, investing in top 100 is more profitable for long term, worth it it will give you great profit.

[Savemore]

We have different ideas and perceptions, I respect your opinion but I do not agree to what you said. Even though there are altcoins that are cheap to buy, we cannot stil guarantee the returns that we can get. I still prefer to make investment with bitcoins than altcoins. Only few altcoins that I keep acquiring because I want my portfolio is consisting of potential cryptocurrencies.

[batang_bitcoin]

See for yourself and experience if altcoin will provide you a better long term profits. I have thought of this before but luckily I didn't pursue because I've listened to the advice of the tenured and experienced people of the community. Nothing beats bitcoin for a longer operational crypto than any altcoin that we just think is a better long term because we seem to be a fan of it. I'm also a fan of bitcoin but that's the reality about long term profitability.

[pealr12]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

many choices but hard to pick the best one that suits for long  term investment. Only  few altcoins can survive the long term hodling ,out of 1000 altcoins only 3 to 5  coins will survive.

[WalkerIVIV]

Altcoins are not performing well since 2018, and the only Bitcoin is growing. Still, I think after reach the price of Bitcoin at the level of $10000, other altcoins will also perform well but should be patient for long-term and also should invest in good projects, not in every project or low worth project.

The bullish trend of bitcoin will actually make the altcoin goes to the moon at the same time, so many times this cycle happened in the past and there is no doubt if the bitcoin can reach 10k rate again and altcoin will be going to get the instant pump. I just expect if that will be coming very soon as the bitcoin is still very bullish right now. But i personally will prefer to bet on a potential project rather than a big project because when it comes to the profit comparison and potential altcoin can give you even more,

[Ahimoth]

Bitcoin is more reliable and trustworthy than most altcoins. I'm skeptical a bit about alternative cryptocurrencies, no one knows what to expect. There is a risk that new altcoin turns to be a scam.

Don't touch the new Altcoin, it's full of risk, if you want to invest with Altcoin then my advice is to choose potential Altcoins like BNB, ETH, and LTC or Altcoin which is in the top 10-20 at coinmarketcap. I am still optimistic we can profit from long-term investments with Altcoin.

I think altcoin that you have also has a very high risk because trading in the world of cryptocurrency no one can avoid the existing risk and no one is safe, so you should be careful when you want to buy any coins, the price of all cryptocurrency can collapse at once and rise instantly without your knowledge.

They are all too risky, that's why we also need to be vigilant no matter what's their place in CMC, whether are on top altcoins or not, we should be vigilant always on it.
If we can find long term, and we think that we are good for it, then study hard and make sure that we always checking their developments to make sure they are improving things.

If I could sell the coins which I been holding now, I used to do that but I don't see any improvement of the market recently. The latest market updates hasn't gained positive results even if bitcoin started to soar back higher. What I've been waiting to see good value on selected coins. However, it was so frustrating to see while red days still occurs too bloody, upon watching my blockfolio today.

[Smitty Werben Man Jensen]

according to my analysis, investing in some altcoins that have big names, but currently asleep is Waves, why? if you look at the chart of waves, TF 1 day and see the RSI is still in zone Buy, the opportunity is potential

[Google+]

according to my analysis, investing in some altcoins that have big names, but currently asleep is Waves, why? if you look at the chart of waves, TF 1 day and see the RSI is still in zone Buy, the opportunity is potential

even though you have research like that and have charts that you can see and measure with lines that you can make with a variety of methods you will still find it difficult to be able to ascertain price movements because all altcoins can have price movements when there is good news on the development platform.

[red4slash]

according to my analysis, investing in some altcoins that have big names, but currently asleep is Waves, why? if you look at the chart of waves, TF 1 day and see the RSI is still in zone Buy, the opportunity is potential

even though you have research like that and have charts that you can see and measure with lines that you can make with a variety of methods you will still find it difficult to be able to ascertain price movements because all altcoins can have price movements when there is good news on the development platform.

but if you just follow the trend then you will focus on medium-term investment, while daily trading is more focused on price action that will occur at the time and focus on the chart. so all research depends on investment objectives, if your research focuses on the development that will occur on the platform it will be able to be used for a certain time.

[affandi]

buying altcoin at a low price and expecting a large profit percentage is what every altcoin holder wants. but now it is very difficult to choose altcoin with a large percentage of profits, because of the many altcoins available on the market today, making it difficult for traders to choose a good altcoin, especially for long-term holding purposes.

[leatutz]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

Investor shouldn't fool as normal users, suppose you invested in Bitcoin at the time of 20k. When price was 3.2k, your lose is 6.25 percent. But in altcoins your lose could be 50-100 percent even same to profits 50-100. Last year top pump was ThoreCoin, and top dump is more than pump coin.

[dainoran]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

In my opinion, the effect of bitcoin on altcoin is because altcoin prices are based on bitcoin, if the price of bitcoin goes down then altcoin also follows. if you want to invest in altcoin, you must first learn that altcoin, to get the benefits you want correctly.

[masterrex]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

I think it depends on the situation, base on my experience in 2018, it was not good to hold altcoins when the market is at bullish trend, it will cost you a lot and after the heat will subsides you been realized that you are already losing half of your portfolio base on its value when you bought it. that's why think twice before you decide to hold any altcoins specially when intended for long term holding.

[Obito]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

Yes but I don't think so as the value depends upon the market. Having tons of altcoin doesn't prove you are more ahead than people who are holding BTC relatively you do have more in count but the thing is that it still rely on the market price itself. Well I cannot convince you either, but don't get the idea wrong. Besides if BTC pumps hard alts will just be influenced on the other end.

[CarnagexD]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

Yes but I don't think so as the value depends upon the market. Having tons of altcoin doesn't prove you are more ahead than people who are holding BTC relatively you do have more in count but the thing is that it still rely on the market price itself. Well I cannot convince you either, but don't get the idea wrong. Besides if BTC pumps hard alts will just be influenced on the other end.

It depends heavily on the market trend really. Altcoins are a lot easier to purchase than bitcoin which costs a fortune to even get one, while most altcoins can be bought with a single paycheck. In terms of profitability, I can't say that altcoins are better at this since their lower prices means they have lower gains. But altcoins provide diversity in the cryptocurrency world which is really good. So it heavily depends on your lifestyle and how you take care of your investments really.

[luckyflop]

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

There are thousands of altcoin projects in this market, if you are lucky, you can choose an altcoin that will help you gain a lot of profits in the long term. But 99% of altcoin projects in the long term will collapse, this is a very dangerous investment so you need to be absolutely careful with it. Don't be too greedy in this market because you can lose it all anytime