Too scared to go for altcoins?

[hushpupppy]

If you are scared, then crypto currency is not for you at all.
Because either you stick with altcoins, bitcoins or even bounties; with the fear in you, theres a tendency to never learn and you keep making the same mistakes over again.

First set your heart to be ready for the challenge that investment brings, then you go for it.

[michellee]

If you are scared, then crypto currency is not for you at all.
Because either you stick with altcoins, bitcoins or even bounties; with the fear in you, theres a tendency to never learn and you keep making the same mistakes over again.

First set your heart to be ready for the challenge that investment brings, then you go for it.

Or he can choose bitcoin as the investment, and don't use bitcoin to trade if he is too scared. We should know how good we are in trading, and if we don't have better skills, we can skip for trading and only focus on the investment. Many people stay away from trading altcoin, but they can invest in bitcoin so that can help them to make money. Although they cannot make a profit every day, they can make a profit from bitcoin, which will be a bigger profit for them.

[ancafe]

I honestly haven't invested in any fork coins yet and I consider the as an altcoin not as a part of Bitcoin itself since they are derived from the idea and concept of BTC itself. In terms of speed and transaction fee I believe someone already said it XRP would be the most ideal.

seeing that prices sometimes go up so high, it makes me interested to invest too. however, to be honest I also did not invest in coins from the fork bitcoin. however, so far I have only focused on ethereum. sometimes I see that the price increase that occurs in the forks of bitcoin is very high, but the price increase does not last long.

[Tipstar]

These coins have their use cases and they offer better performance compare to their king ( Bitcoin ) and their team are very active as well

I have done a well research and the bitcoin forks you listed are one of the worst performing and ones without any development. They are not anywhere comparable to popular bitcoin fork like bitcoincash let alone bitcoin. If you are going to diversify your investment away form bitcoin, do it on proper alts than a bitcoin wannabe. Go 75% on bitcoin and give 25% to coins that are not SHA256.

[Teawhalee]

Bitcoin forks offering better performance that Bitcoin is very surprising to hear. However, everyone's opinion is respected. For the profit I trade Bitcoin forks . For low capital traders , some of the forks are good for quick profit in an uptrend and very bad in downtrend. You need to trade with care.

[totoy4741]

They're might be a good choice since like you said they have taken out from bitcoin it does not necessasrily mean that you have to count out some of the altcoins that are performing better than them not only coin value but in other over all aspects as well. Still your choice and everyone is entitle to make their choice and decide for themselves.

[Mighty_crypt]

People don't like Bitcoin forks that much but believe there are few good ones out there, even Zcash fork 'Zclassic' is a very good altcoin that changed the life of my friend in 2017, no doubt some forks are scam but the popular ones aren't, dyor

[prof7bit]

It's some kind of horror how Altcoins fell in relation to Bitcoin. I don’t understand what is happening, because Altcoins are also attractive for investing. But for now, I will choose Bitcoin!

[DarkDays]

If you're buying cryptocurrencies based on the fact that they're undergoing a forced scarcity boosting event, then you will soon realize what a pleb you are.

Just because something gets rarer, doesn't mean people will suddenly want it, or that it has any utility.

Bitcoin Diamond and Bitcoin Private.... Really? These cryptocurrencies are barely used by anybody now, and I can't imagine that will somehow change when they become twice as hard to get.

In general, I'd stay away from any cryptocurrency that aims to artificially reduce its circulating supply. These cheap tricks don't usually lead to price improvement.

Barring BTC, of course.

[bluebit25]

I honestly haven't invested in any fork coins yet and I consider the as an altcoin not as a part of Bitcoin itself since they are derived from the idea and concept of BTC itself. In terms of speed and transaction fee I believe someone already said it XRP would be the most ideal.

seeing that prices sometimes go up so high, it makes me interested to invest too. however, to be honest I also did not invest in coins from the fork bitcoin. however, so far I have only focused on ethereum. sometimes I see that the price increase that occurs in the forks of bitcoin is very high, but the price increase does not last long.

These are just big pumps made by those who control this market, the price will quickly go up but it will quickly collapse soon after. If you invest only for profit, you can track and invest in it, but for long-term investment, I believe you should choose Bitcoin and ETH.

[@baoli]

Most of the Fork you mentioned were developed to compete with Bitcoin. When Bitcoin cash came out the promoters talked so low of Bitcoin itself but necwe  achieved their aim. Fork price could go down and not all time high again.

[rdewilde]

No coin can ever be like the king, which is Bitcoin, therefore if it isn't Bitcoin that means we are to chose from the whole lot of altcoins out there. In my own opinion, I see these altcoins as same with others, that is, just as I have my reservations about some other types of altcoins in the same way I have my reservations on these Bitcoin forks; a good number of them are hardly heard of. Nevertheless, apart from Bitcoin my other preferred and best altcoins are Ethereum, Stellar, ADA, and BNB.

[lienfaye]

It's some kind of horror how Altcoins fell in relation to Bitcoin. I don’t understand what is happening, because Altcoins are also attractive for investing. But for now, I will choose Bitcoin!

Altcoins are not bad like what others think. There might be shitcoins existing but it cant deny the fact that alts are profitable investment as well though its quite risky compared to bitcoin. If ever I have a capital to invest I will rather choose a top coins and will allocate big portion to bitcoin.

[zaim7413]

People don't like Bitcoin forks that much but believe there are few good ones out there, even Zcash fork 'Zclassic' is a very good altcoin that changed the life of my friend in 2017, no doubt some forks are scam but the popular ones aren't, dyor

Speaking of success in 2017, indeed, almost the average person working at crypto in 2017 experienced sudden glory, regardless of whether or not Bitcoin Forks are in use, but in 2017 Bitcoin also increased after Halving in 2016. This also you must understand.

[Cnut237]

1. Bitcoin Gold
2. Bitcoin Diamond
3. Bitcoin Cash
4. Lightening Bitcoin
5. Bitcoin Private

IMO those are the worst coins to invest, try to look for coins with better developers, more activity in their github... besides many other thing, like monetary policy.
Those forks are dead coins.

Agreed. These are pointless forks with no real use-case. It's all about trying to grab some money through association with the bitcoin name.
If you want a good alt, then look for one with a real use-case. Ethereum obviously being a good example.

[nreal]

I never care about these coins, I have no sympathy for them. They succeeded in the past thanks to the glory of bitcoin, they rely on the name "bitcoin" to survive.

[iv4n]

I never care about these coins, I have no sympathy for them. They succeeded in the past thanks to the glory of bitcoin, they rely on the name "bitcoin" to survive.

And those coins are forked, not too much glory in that! I like many alts, I gamble with many alts, have fun staking them, voting, or just keeping them for the future. There're good alts, who denies that is crazy, and many of them are doing a great job in last few years, yes the price doesn't reflect that, but rewards will come if they continue with doing things on the top level!

Most of the Fork you mentioned were developed to compete with Bitcoin. When Bitcoin cash came out the promoters talked so low of Bitcoin itself but necwe  achieved their aim. Fork price could go down and not all time high again.

And that's why most of them will fail, they didn't try to offer something better, they just made a copy of bitcoin and made tons of cash in very short time! I had some profit from these forks, but that doesn't mean that I have to like them!

[TopT3ns]

I never care about these coins, I have no sympathy for them. They succeeded in the past thanks to the glory of bitcoin, they rely on the name "bitcoin" to survive.

altcoin will always provide a very high risk, therefore trading on altcoin is just people who are brave and are ready if they are stuck at high prices, but behind it all altcoin can provide a lot of benefits because the price of altcoin which is still very cheap will provide altcoin price movements are very fast and can provide many benefits for those who can take advantage of price movements.

whereas if only trading on bitcoin the profit will be very long because the price of bitcoin that is already too expensive will make it difficult to raise the price of bitcoin.

[TheClownSong]

Among Bitcoin forks, I trust BCH (Bitcoin Cash) more than others because I trust investors more. In addition, not many Bitcoin Forks are listed on large exchangers and Bitcoin Cash (BCH) is a Bitcoin fork that listings on almost all exchangers

[Script3d]

I never care about these coins, I have no sympathy for them. They succeeded in the past thanks to the glory of bitcoin, they rely on the name "bitcoin" to survive.

altcoin will always provide a very high risk, therefore trading on altcoin is just people who are brave and are ready if they are stuck at high prices, but behind it all altcoin can provide a lot of benefits because the price of altcoin which is still very cheap will provide altcoin price movements are very fast and can provide many benefits for those who can take advantage of price movements.

whereas if only trading on bitcoin the profit will be very long because the price of bitcoin that is already too expensive will make it difficult to raise the price of bitcoin.

The risk would be even higher if you invest on a altcoin with a bitcoin name on it. Huge profits doesn't come with low risk, you need to take huge risk if you want huge profits. You can still make a good amount with bitcoin if you have a huge capital.