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maxreish
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June 24, 2020, 04:27:50 AM |
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Even below 50 altcoins in coinmarketcap, there are tons of coins out there that still has a great potential to invest. Though I somehow agree that the top 10 altcoins were give us a good trade and profits, but even those that cost few sats can be profitable too.
Just a matter of proper research and good feedback bout the coin. There's an excitement for the upcoming alt season but whatever coin you will gonna hold, if it belongs to the top 50 or not, the bottom line is we shall choose the right altcoin to invest. Not just because of it's popularity.
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Leo
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June 24, 2020, 04:42:11 AM |
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I will disagree with you OP, if you look at the coin at top 50 on coinmarketcap three years ago you will understand why I disagree with your statement, five years to come lots of altcoin on top 50 on coinmarketcap might be no where to be found, this is just my opinion
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Blue_oxen
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June 24, 2020, 04:51:27 AM |
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Even below 50 altcoins in coinmarketcap, there are tons of coins out there that still has a great potential to invest. Though I somehow agree that the top 10 altcoins were give us a good trade and profits, but even those that cost few sats can be profitable too.
Just a matter of proper research and good feedback bout the coin. There's an excitement for the upcoming alt season but whatever coin you will gonna hold, if it belongs to the top 50 or not, the bottom line is we shall choose the right altcoin to invest. Not just because of it's popularity.
I agree! Top 50 altcoins will give some sort of "certain" profits. However, if you want your capital to be doubled or tripled, you have to do your own research and invest in those coins that aren't at the top! Because those un-ranking coins are the ones that has the potential to pump up to the moon from its original price! It's quite risky to do so! |
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michellee
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June 24, 2020, 05:00:38 AM |
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Even below 50 altcoins in coinmarketcap, there are tons of coins out there that still has a great potential to invest. Though I somehow agree that the top 10 altcoins were give us a good trade and profits, but even those that cost few sats can be profitable too.
Just a matter of proper research and good feedback bout the coin. There's an excitement for the upcoming alt season but whatever coin you will gonna hold, if it belongs to the top 50 or not, the bottom line is we shall choose the right altcoin to invest. Not just because of it's popularity.
You are right. That will make our research deeper to find the right coin before we buy it. We may need more time to get the potential coin to invest, but we don't have to buy more than 5 coins if we don't have much money. Just buy the coin with the biggest potential to increase in the future, so you are not disappointed to hold the coin for a long time. The altcoin season will come, so you can hope that one of your coins will have the time to increase higher. |
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suryana
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Trphy.io
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June 24, 2020, 05:01:36 AM |
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I will disagree with you OP, if you look at the coin at top 50 on coinmarketcap three years ago you will understand why I disagree with your statement, five years to come lots of altcoin on top 50 on coinmarketcap might be no where to be found, this is just my opinion
Maybe the OP didn't see 3 years ago where many coins in top 50 now didn't exist at the time, So I think 5 years later the current top 50 coins won't necessarily remain in their position, Many coins out there are born every month new coins with sophisticated features and specifications. And I think Altcoin is not suitable as a long-term investment. |
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ololajulo
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June 24, 2020, 05:26:49 AM |
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Altcoin will as usual give a higher reward compare to bitcoin with every cycle. Altcoin listed on high volume exchanges is great advantage, as everyone hoards, is equally important to split investment in different projects, maybe more than 10 as much fund is available and affordable. It will be smart to purchase in moderate amount to allow easy exit that wont dump the market price. Sometimes, some projects may never be exited but can take some profits.
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vtcdthui
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June 24, 2020, 05:52:32 AM |
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I will disagree with you OP, if you look at the coin at top 50 on coinmarketcap three years ago you will understand why I disagree with your statement, five years to come lots of altcoin on top 50 on coinmarketcap might be no where to be found, this is just my opinion
Maybe the OP didn't see 3 years ago where many coins in top 50 now didn't exist at the time, So I think 5 years later the current top 50 coins won't necessarily remain in their position, Many coins out there are born every month new coins with sophisticated features and specifications. And I think Altcoin is not suitable as a long-term investment. May be you make the target too high. |
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TanakabZX
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June 24, 2020, 05:56:46 AM |
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Top altcoins will give good profits but won't be that big like profits from altcoins under top 10, there are some good altcoins that haven't make it to top 10 yet, if you can do research and find them you will make better ROI, though be warned, they carry more risks than top 10 altcoins
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miklesm
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June 24, 2020, 05:57:35 AM |
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I think the majority of top-50 altcoins will be dead or unusable after 5 years. There are only few projects worth such a long investment, Bitcoin and Ethereum are among of them.
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TopT3ns
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June 24, 2020, 06:00:11 AM |
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Altcoin will as usual give a higher reward compare to bitcoin with every cycle. Altcoin listed on high volume exchanges is great advantage, as everyone hoards, is equally important to split investment in different projects, maybe more than 10 as much fund is available and affordable. It will be smart to purchase in moderate amount to allow easy exit that wont dump the market price. Sometimes, some projects may never be exited but can take some profits.
only a few altcoins have a good development because the price movement of cryptocurrency depends on the interaction between buyers and sellers and the use of the developed platform so you must be careful when buying altcoin. |
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joseyphil82
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June 24, 2020, 06:08:57 AM |
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You are free to proceed OP, I have a secret for you, big altcoins don't always bring the biggest profits, sometimes we get the best profits from low rated projects, if you can catch them young and cheap you will be amazed in the end, still you will need to do research and choose wisely, no all new projects are that good
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idrisalomagold
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June 24, 2020, 07:06:20 AM |
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You are free to proceed OP, I have a secret for you, big altcoins don't always bring the biggest profits, sometimes we get the best profits from low rated projects, if you can catch them young and cheap you will be amazed in the end, still you will need to do research and choose wisely, no all new projects are that good
I think most of altcoins right now recon its youthfulness, and perhaps if we hodl it for a long period of time, it might really amaze you. Perhaps we can earn much from zero rated coins during pump and dumps but that is very difficult to spot unless you are pumping or dumping that market. However, it will not work right now as it was before. Off course, alt market is really difficult to gain attention from the mass market since it records unprecedented price volatility. And even we think that the best alt might amazed you because you bought it at cheap price, there is still no guarantee it will still long for the future. Indeed, alts can be suggested as short-term investment and not for long term... |
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irixo10
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June 24, 2020, 07:15:14 AM |
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I keep pondering, and what is the assurance that a good number of those top 50 from which you selected from, bought and hold would still maintain their position among the top 50? When knowing fully well that most projects are developing everyday in order to take over from others thus showing that top 50-100 is very competitive. Also, the crypto space can't be predicted thus the reason I think holding BTC or just ETH is good not holding upto 20 altcoins which you won't know what will become of them in the near future.
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leea-1334
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June 24, 2020, 07:15:59 AM |
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Even below 50 altcoins in coinmarketcap, there are tons of coins out there that still has a great potential to invest. Though I somehow agree that the top 10 altcoins were give us a good trade and profits, but even those that cost few sats can be profitable too.
Just a matter of proper research and good feedback bout the coin. There's an excitement for the upcoming alt season but whatever coin you will gonna hold, if it belongs to the top 50 or not, the bottom line is we shall choose the right altcoin to invest. Not just because of it's popularity.
Potential is easy to say,,, anyone can say any coin has potential but for me, without usage and without community, that potential will never be realized. Which is why most altcoins will die out eventually after the hype is gone. I think the next altseason will be disappointing for a lot of people. |
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Kunnu
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June 24, 2020, 08:33:11 AM |
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It may be a beneficial strategy but in my opinion it requires a decent amount to invest like $5000 or more which is quite difficult to afford for mostly people anyways adding top 50 altcoins in portfolio can be a profitable step for long term holders but they have to pick carefully because in crypto we can't estimate that how many years an altcoin will survive.
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BitcoinTurk
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June 24, 2020, 08:36:54 AM |
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It is not possible to make a clear long-term prediction about the basket you are talking about and you want to create because there are also tokens or crypto coins of centralized services in the ranking you mentioned. Of course, if I consider this situation as a basket creation and I think there are 50 different investment alternatives that will be preferred in this basket, I think it will definitely be a successful option in the long term, but it is also a very unsuccessful if most of the projects preferred in this basket disappear from the market. an investment basket will be created. For this reason, it would be very difficult and unreasonable to say something definite for such a big basket in the crypto markets, which is new and very difficult to predict the end of the projects.
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andycarrol
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June 24, 2020, 08:56:04 AM |
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It may be a beneficial strategy but in my opinion it requires a decent amount to invest like $5000 or more which is quite difficult to afford for mostly people anyways adding top 50 altcoins in portfolio can be a profitable step for long term holders but they have to pick carefully because in crypto we can't estimate that how many years an altcoin will survive.
when I have that much capital then I will stay focused on 5 good coins that are ranked top according to coinmarketcap, because when I have coins up to 50 will make me confused and when prices fall it will make me lose a lot, I trust more at bitcoin, ethereum, XLM, XRP and LTC. it's better to trade safely and get lots of profit. |
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VDraci
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June 24, 2020, 09:21:00 AM |
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The thing is you can never tell which coin will bring you big fortune, WPP project is a good example, the project was great but later turn worthless, I have a friend who bought thousands for penny after the coin turned worthless but yesterday WPP suddenly surge up to 0.009$, in May 2020 this coin was trading at 0.000044$, imagine that gain, sometimes it's all about luck
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robelneo
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June 24, 2020, 09:23:16 AM |
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Looking at the chart of altcoin market, it is clearly seen that every alts now are at its lowest level and are preparing for the next alt season. Which indicates long accumulations if not yet...
How about hodling any coins from ETH, to any alts until Top 50, except, for those alts which did not passed top 50 market caps - cause normally they are literally pump and dump. So by hodling, I think for about 5 years from now. I think, I think..., it may definitely change your life, for the better, if not I highly doubted. Well if you hodl at least 20 alts, some might loss but most of it might gain profits. If only you are not too attached on the fiats, maybe you will hodl it by more than 5 years.
Someone agreed?
You will need a huge amount of money if you want to experiment and hodl coins up to the top 50 coins in the market and there's no guaranty that all of these will have success compared to the top 10 coins in the market, some coins are barely making a good volume in the market, investors should do a lot of research and monitor coins that they are hodling it's hard to do that if you have 50 coins in your portfolio. |
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Greatchu
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June 24, 2020, 09:49:26 AM |
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There is nothing wrong in holding coins that aren't on top altcoin ranks on coinmarketcap, some coins with low market cap today will perform better tomorrow or even make it to top 20 ranks on coinmarketcap, it's all about doing research and taking risks, I'm presently holding ESH and Veil, not very popular but they have high chance of doing me big favour in future
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