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Author Topic: Hello everyone! Do you still have confidence in altcoin?  (Read 17605 times)
Andrews193
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August 21, 2020, 01:12:17 PM
 #381

People stop believing altcoins because the price of altcoins is not growing as Bitcoin price, but it doesn´t mean that altcoins are dead or they stopped working on development. It is caused by market sentiment because investors are more cautious about new investments Smiley.
The confidence of investors in this market is always changing based on the benefits that products can bring, losing confidence in altcoin can only be because altcoin has not yet brought enough profit for them, trust bitcoin more simply because bitcoin is so sustainable and profitable. Almost everyone will have episodes of depression and distrust in altcoins but everything will be fine, especially in recent days, a lot of investors have shown that their fortunes can greatly increase through the altcoin storm.

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August 21, 2020, 01:29:58 PM
 #382

People stop believing altcoins because the price of altcoins is not growing as Bitcoin price, but it doesn´t mean that altcoins are dead or they stopped working on development. It is caused by market sentiment because investors are more cautious about new investments Smiley.
People only trust the top altcoins in this market, they are much more careful than before so they will never get stuck with scam projects in this market. Altcoins are always a good investment option because the profits they will bring will be much more than Bitcoin
but many of the top altcoins have not experienced high increases, I can only learn now, because if the altcoin project does not have Defi then the altcoin will not go up, for example XMR, ETC, LTC etc., so follow altcoins that do follow Defi, because of the current trend is there
You need to be careful with the Defi projects, not all of them are good and profitable for investors. I have seen many projects collapsed hundreds of times in just 1 day and it cost many people a lot of money. Always do your research carefully before you want to invest in Defi projects

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carter34
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August 21, 2020, 01:43:10 PM
 #383

Whales always have a big part to play in every altcoin seasons, I believe that once Bitcoin hits a new ATH they opt out and invest in altcoins and that's when altcoins season starts, it's still good to hold few altcoins but I just prefer IEO profits

This could be the whales pumping the altcoins then but I think often times, altcoins like etheruem also follow in the bitcoin rise as soon that the bull run start and only few altcoins are left behind.
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August 21, 2020, 02:03:03 PM
 #384

I still have total and strong confidence in altcoin. Besides this is alts season for me. Most altcoin are doing well along with Bitcoin itself. So I with gladness still strongly belive in altcoin even if they can overrule. At least it's meant to take profit and in an investment, where you are taking profit, then it's a win win. For me, altcoin is still a good to go and I have confidence trading them.

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August 21, 2020, 02:05:45 PM
 #385

1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?

For now, my country doesn't support crypto payment, so I have to convert it into local money to shop.

2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?

XML, fast and low fee.

3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?

Of course, I buy some coins.

4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!

Benefits, profits, and security in transactions.

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August 21, 2020, 02:07:26 PM
 #386

The higher the risk the higher the profits, that's altcoins for you, we are all here to make profits even if some of us are developers, its still about money making, altcoins have the fastest road to ROI than Bitcoin but also timing is very important, you can make hell of a profit from Bitcoin, for example those who buy in March @ 3600$
Altcoins are different, just like people are. You cannot evaluate all altcoins at once. They are now developing very well and a vivid example of this is the now popular DeFi projects.
Investing in altcoins is associated with great risk, however, the profit from them is much higher than from well-known coins.

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August 21, 2020, 03:12:50 PM
 #387

Your questions are kinda straight forward but here are my straight answers to it also.
#1. As of now I haven't use crypto currencies in shopping but I have used it in paying my bills,loads,payments of my workers and etc. We have freedom in crypto so I am not surprise that it was being used also
in dark web. I can't say that shopping is really necessary in our general life.
#2. I prefer bitcoin as it is the King of crypto and it is the first crypto that I have used or I say that I am more familiar in using it.
#3. If you are talking about investment then buying low and selling high is the basic of investment.
#4. I have no further ideas to it as I can't think of anything that can really attract more users but I know that most of the project owners knows the right answer to it.

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August 21, 2020, 03:27:18 PM
 #388

The higher the risk the higher the profits, that's altcoins for you, we are all here to make profits even if some of us are developers, its still about money making, altcoins have the fastest road to ROI than Bitcoin but also timing is very important, you can make hell of a profit from Bitcoin, for example those who buy in March @ 3600$
Altcoins are different, just like people are. You cannot evaluate all altcoins at once. They are now developing very well and a vivid example of this is the now popular DeFi projects.
Investing in altcoins is associated with great risk, however, the profit from them is much higher than from well-known coins.
If you are lucky, you could have hundreds of times return investing in altcoins, but the risks are also enormous. You can lose multiple times if the price falls. The more profits, the greater the risk, so I never spend too much money investing in altcoins in this market.

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August 21, 2020, 03:32:56 PM
 #389

I think that the indicators of coinmarketcap demonstrate the real support of cryptocurrency users as a good example. It is the trading volumes, as well as the capitalization of the most rated altcoins, that speaks of strong support from traders and investors, and this suggests that altcoins still remain the most popular cryptocurrencies on the market, despite the fact that their share is much lower compared to Bitcoin.

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August 21, 2020, 03:44:45 PM
 #390

1.I dont think cryptocurrency is general life shopping necessary,for example,I already go out without paper money a few years,but i dont use any of the crypto to shop.There are many mobile payment options in my country, such as Alipay payment, WeChat payment, etc.
3.This question for me is easy to answer,my reply is no,i dont wanna lose more money.
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August 24, 2020, 07:30:22 PM
 #391

In fact, I only use BTC and ETH to pay several times for online accounts, but in daily life there is no option to use cryptocurrencies. Hope things will change in the near future.

Well, as soon as the issue of using cryptocurrencies in everyday life is resolved, then new users will come to crypto, but for now it remains the domain of geeks, although I have heard that VISA cards have appeared with the ability to pay and instant conversions from crypto to Fiat.
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August 24, 2020, 08:41:07 PM
 #392

of course I still believe in altcoins many altcoins have good potential there are even some altcoins capable of rising so high it all depends on the owner if the owner keeps trying to develop the project, I'm sure altcoins will have a high price

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August 25, 2020, 02:37:55 AM
 #393

of course I still believe in altcoins many altcoins have good potential there are even some altcoins capable of rising so high it all depends on the owner if the owner keeps trying to develop the project, I'm sure altcoins will have a high price
we need to do that. believing in bitcoin is not enough, because we don't know whether we can afford to have 1 bitcoin at this point or not because the price is very high. because of that, I still trust in altcoins, especially top altcoins.
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August 25, 2020, 07:27:10 AM
 #394

I think this altcoin run has made it very clear that as long as you invest in projects with good fundamentals you can get very good returns even more than Bitcoin and I believe we are only starting.

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August 25, 2020, 10:35:39 AM
 #395

Of course there is still full confidence on the alter coin.Hopefully something good will be found through it.However, nothing can be said about the future.If the market goes to a stable level, of course, something good can be found.

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August 25, 2020, 11:24:08 AM
 #396

of course I still believe in altcoins many altcoins have good potential there are even some altcoins capable of rising so high it all depends on the owner if the owner keeps trying to develop the project, I'm sure altcoins will have a high price
That include the popular coins.
Even the market turns bearish they can survive.
Thats why it is worth the time if you hold such coins.
Choose a good coin to invest because investing in alts are still profitable.

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August 25, 2020, 11:27:05 AM
 #397

I think this altcoin run has made it very clear that as long as you invest in projects with good fundamentals you can get very good returns even more than Bitcoin and I believe we are only starting.
Obviously, the profits that altcoins bring will be much more than Bitcoin. But the risks of altcoins are huge, not all altcoins are successful in this market. Only a few really good altcoins are profitable for investors, and most of the rest are scams.
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August 25, 2020, 11:40:12 AM
 #398

Trust me to altcoin dependent technologi, tissue and he has for the payment of its online store a minute i prefer altcoin fee with a wish who is small for transakasi, however the reality common hyanya believe his online store or provide bitcoin usdt only for the transaction
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August 25, 2020, 11:45:07 AM
 #399

I think this altcoin run has made it very clear that as long as you invest in projects with good fundamentals you can get very good returns even more than Bitcoin and I believe we are only starting.
Obviously, the profits that altcoins bring will be much more than Bitcoin. But the risks of altcoins are huge, not all altcoins are successful in this market. Only a few really good altcoins are profitable for investors, and most of the rest are scams.
I mean it's always like that even in stock market aswell. it's high risk high return but I definitely don't recommend that. so many people are expecting the high return but most of them can't accept when they lost their money so it's better to stay away from pump and dump alts if people don't want to risk their money for literally nothing. bitcoin and ethereum prospect is already much more than promising anyway.

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August 25, 2020, 01:46:56 PM
 #400

I think this altcoin run has made it very clear that as long as you invest in projects with good fundamentals you can get very good returns even more than Bitcoin and I believe we are only starting.
it is important to understand that investments in altcoins give great profit, but the investment risks are also very high and you do not know whether this project will be successful or will die very quickly

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