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Author Topic: Viable Altcoin for the moment  (Read 1694 times)
Tellek Garing (OP)
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March 11, 2022, 08:25:57 PM
 #121

@tbterryboy Being a utility token alone does not truly translate into success but constant innovation and market scalability are what give a token place in the market, if AVA can have a good trading volume and continuous improvement in its network, then AVA is a top choice for investment.
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March 11, 2022, 09:03:45 PM
 #122

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.


Bitcoin (BTC) gets the most media coverage of cryptocurrencies, and with good reason. But in the years since Bitcoin's first transaction in 2009, 1000+ of added cryptocurrencies have emerged, creating a confusing landscape for investors.

Specialized inventions that set them apart from bitcoin, while others have simply come favorite digital currency brands and social media memes. Cryptocurrency investing is still an extremely speculative endeavor, but it can be profitable for investors willing to risk painful losses in opportunities of big payouts.

Here are 7 of the smart altcoins to buy for a long term basis that will offer you a passive profits in the long run.

1)Ethereum (ETH)
2)CRDNetwork (CRD)
3)Ripple (XRP)
4)Solana (SOL)
5)Polkadot (DOT)
6)Dogecoin (DOGE)
7)Litecoin (LTC)
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March 12, 2022, 02:14:34 AM
 #123

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

BTC is the definitely the best choice now during these red times. Cheesy But you can always research new projects to go into when it starts getting better. I Invested a few days ago in ENGN when i saw the trailer they relesed, its a GemeFi project. The trailer looked relly cool, plus they use Unreal engine and that really surprised me.
You could also try staking in DeFi projects. I started staking in Sushiswap and ReFi. Its worth taking a look if you are considering staking in a DeFi.
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March 12, 2022, 02:49:46 AM
 #124

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
According to my thoughts and understanding, Altcoins are currently a bit difficult to be used as a basic benchmark in investing, I think you have to wait for the next few months to see further developments about Altcoins that are worth investing in, my prediction around August might be a good step to choose Altcoins, there will be more declines.further I think ahead.

BTC
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March 12, 2022, 03:02:44 AM
 #125

If for the long term my advice choose ethereum. Because ethereum has great potential in the next 3-4 years.
And there is a possibility that ethereum will become more expensive in the next 4 years when 2.0 has started to be released.
Actually BNB is also good for the long term because every few months they burn. so that the total supply becomes less and currently a lot of projects are standing on the BNB network. So that there will be more BNB enthusiasts with a small total supply causing prices to increase

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Tellek Garing (OP)
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March 12, 2022, 09:34:18 AM
 #126

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
According to my thoughts and understanding, Altcoins are currently a bit difficult to be used as a basic benchmark in investing, I think you have to wait for the next few months to see further developments about Altcoins that are worth investing in, my prediction around August might be a good step to choose Altcoins, there will be more declines.further I think ahead.
To some extent your point is valid but the part I don't agree on is the place you mentioned that there is no good altcoin at the moment that can give x2 profits, but studying the market recently you will notice that there have been a lot of viable coin and web 3 projects that have given it users good returned there have also been a lot of NFT developments.
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March 12, 2022, 09:41:47 AM
 #127

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Talking about passive income seems to lead to the concept of DeFi,
but some of the DeFis I've come acrossare quite risky and they will usually leave the project in no time.
For that, I suggest it's better to invest by holding it than to risk buying DeFi coins even though not all DeFi is bad.
Currently the good altcoins are those focused in networks like Avax, Ethereum, Solana, Cardona, Matic, BNB.
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March 12, 2022, 11:59:33 AM
 #128

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

If I look at the current movement of BNB, I believe that BNB has great potential in the long term. It will follow in the footsteps of Bitcoin. Moreover, BNB is a coin from the world's largest exchange platform, so it will get support from various parties to maintain the value of the coin.



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Tellek Garing (OP)
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March 12, 2022, 02:42:34 PM
 #129

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Talking about passive income seems to lead to the concept of DeFi,
but some of the DeFis I've come acrossare quite risky and they will usually leave the project in no time.
For that, I suggest it's better to invest by holding it than to risk buying DeFi coins even though not all DeFi is bad.
Currently the good altcoins are those focused in networks like Avax, Ethereum, Solana, Cardona, Matic, BNB.
Yep the best direction now is the NFT and Defi market, but recent hype has shifted from def to web 3 and NFT and web 3 as most of them have given x3 returns recently, but again one needs to do a lot of research before you dive into them, the market has been rough lately and at that one need to do a careful analysis before paying monetary attention to any project right now.
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March 14, 2022, 05:01:01 AM
 #130

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
If I look at the current movement of BNB, I believe that BNB has great potential in the long term. It will follow in the footsteps of Bitcoin. Moreover, BNB is a coin from the world's largest exchange platform, so it will get support from various parties to maintain the value of the coin.
As long as Binance keeps being this big huge and amazing company, I believe that BNB will always fidn a way to be useful. The utility of it came from BNB being a cheaper way to pay for the trading fees and that was a good thing. Then came along bep20 and right now we are talking about something magnificent and that is how the price of it increased.

I believe that if we keep this up, then we are going to end up being a lot better as well. The thing is, we are actually doing a good job as well by putting pressure on it. I mean it had a great utility at DeFi period, but then had a slow entry towards NFT and people moved away, then they started to get back in so people started to get back in. We basically warned them with our money.

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March 16, 2022, 11:22:09 AM
 #131

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
Why don’t you just go straight and invest in Ethereum? Bitcoin is a very good cryptocurrency and a good choice to make for investment, and the only cryptocurrency that comes close to Bitcoin is Ethereum, and the devs are also releasing some new updates in the future that would also make ETH to be far much better than what it is today.

So, if you’re looking for a better altcoin to invest in, then it’s definitely going to be good to make this one of your choices. By the way, even if you don’t invest in any altcoins, I believe you are still good with your investment in Bitcoin, because it is still going to keep growing.
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March 16, 2022, 12:04:24 PM
 #132

If I look at the current movement of BNB, I believe that BNB has great potential in the long term. It will follow in the footsteps of Bitcoin. Moreover, BNB is a coin from the world's largest exchange platform, so it will get support from various parties to maintain the value of the coin.

How about ASTR, I know BNB has shown a significant price increase, from $26 usd to $365 usd for the current price, some developers keep coming and using BSC, but someday there will be many new projects doing mainnet, just like the old BNB are on the ethereum network.
ASTR I think is a good coin for long term investment (NFA)

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March 16, 2022, 02:38:08 PM
 #133

The reason I am so sure about THEXII's success is quite simple. Creators are tired of adjusting to the platform rules on which they sell their work. In the Straightfire’s dApp everything is in the hands of its community, so it's the only place where creators can be pleased with the work conditions
I can't get your point, what makes you think the coin is so decentralized and the team has no control of the coin performance and circulation.

I find it hard to believe but I will research more about the project to see how the coin is performing in the market.
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March 16, 2022, 10:49:34 PM
 #134

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.

Investing in altcoins at the moment is very risky, the market is not stable yet and the chance of it going upward is not guaranteed yet. Bitcoin could still dip more. The recent spike was because India just moved a step further to legalizing Bitcoin as they have added a tax to it. This is a very positive new although it did not have much impact on the market as the bears are still active in the market.

Before investing in altcoins, make sure Bitcoin has had a stable form for something and has an indication of a upward movement. Altcoins always wait of Bitcoin to move before they move as well so if Bitcoin is not looking promising better to just hold stablecoin.
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March 17, 2022, 12:11:20 AM
 #135

Literally 80% of my investments are investments in early stages projects, so Sheesha became a true godsent for me. Now I don't have to spend hours monitoring some projects to get their tokens for a low price. I just stake $SHEESHA Finance and get partner token rewards.
Don't be too confident with that because not all the time a project like that will be stable at all times. And even with you staking it, the rates could change if the demand for staking that token has increased.
But if you've made much money already on sheesha, it is what it is that everyone aims to upon investing in projects.

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March 19, 2022, 07:25:19 PM
 #136

Have been looking for the most viable altcoin of the the week, as we are all aware of the deep that is currently happening in the entire cryptocurrency market, Bitcoin is my most preferred choice at the moment but am also looking for Alt that I can invest in for a long term basis that will offer me a passive profits in the long run.
That 2 coins you mentioned is no question, a fundamental coin that is worth risking our money. But some small investors like to research those altcoins that are currently reached by their funds. They can buy a fraction of ETH and BNB but most of them want to buy a whole that's why they are looking for cheap coins and hope that someday, it will reach a high price.

It's a hard task but with the right research, they can pick a better one.
They are greedy or what? they want to buy a budget whole coin because they believe that once it pumps it will gave them a much higher profit better than when they invest in factional amount in btc and eth. Research can play a role but I think most they will be needing now is pure luck because the situation now is different than before.

Crypto market has a lot of coins already and the demand for a new coin to be included in the top coins are only small/low . There are some top cryptos that are still cheap and can be possible for someone to buy it in a whole. To me, it wasn't about the quantity but it's about the quality that we should focus on.

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March 19, 2022, 07:38:32 PM
 #137

They are greedy or what? they want to buy a budget whole coin because they believe that once it pumps it will gave them a much higher profit better than when they invest in factional amount in btc and eth. Research can play a role but I think most they will be needing now is pure luck because the situation now is different than before.

Crypto market has a lot of coins already and the demand for a new coin to be included in the top coins are only small/low . There are some top cryptos that are still cheap and can be possible for someone to buy it in a whole. To me, it wasn't about the quantity but it's about the quality that we should focus on.

 Because yours is the right to approach it. I rather have 1000 satoshi then some whole token that worths the same. Not because a low priced coin/token would be bad, it could be very well if managed properly and offers a great utility and I do support that. I like Cake for example and it worths very little satoshi to get a whole Cake. But at the end of the day who do we think that will survive for 10 more years? Do we really know if Cake will be around in 10 years? I am not so sure to be honest. But I know that bitcoin will be live and well and be super high compared to today in 10 years for sure.

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Tellek Garing (OP)
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March 23, 2022, 05:35:31 AM
 #138

They are greedy or what? they want to buy a budget whole coin because they believe that once it pumps it will gave them a much higher profit better than when they invest in factional amount in btc and eth. Research can play a role but I think most they will be needing now is pure luck because the situation now is different than before.

Crypto market has a lot of coins already and the demand for a new coin to be included in the top coins are only small/low . There are some top cryptos that are still cheap and can be possible for someone to buy it in a whole. To me, it wasn't about the quantity but it's about the quality that we should focus on.

 Because yours is the right to approach it. I rather have 1000 satoshi then some whole token that worths the same. Not because a low priced coin/token would be bad, it could be very well if managed properly and offers a great utility and I do support that. I like Cake for example and it worths very little satoshi to get a whole Cake. But at the end of the day who do we think that will survive for 10 more years? Do we really know if Cake will be around in 10 years? I am not so sure to be honest. But I know that bitcoin will be live and well and be super high compared to today in 10 years for sure.
The altcoin market is not sustainable for long time use but if it is properly managed by the team as you rightly said such coin can become more viable in the future and if we talking about stability then we should look in the direction of Bitcoin. Cake as you said is a good investment alternative for the short-term base because the future can be uncertain.
Sebas.tian
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March 23, 2022, 12:04:14 PM
 #139

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If you are looking for an altcoin investment that has the potential for passive income, I recommend BNB and ETH. In addition to being good for long-term investment purposes, if we staking the both coins, we can get pretty decent passive income, we can staking on exchange platforms and staking aggregator platforms with varied APY. I'm sure these two coins will grow big in the future.

Based on their current performance, binance and ethereum will grow bigger in the future for people to achieve something good. Those two coin has helped many long term investors to recover from their losses few days ago which is fully prepared to grow higher for other people to show more interest to invest on binance and ethereum to earn well in the future.  Now that the price of ETH and BNB is still low for people to buy and hold to prepare for a great future that will make them to remain in profit making in the community.

ivankoh
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March 23, 2022, 12:19:01 PM
 #140

The overall basis of the current altcoin market is bullish, with absolutely no bias towards hype.  The most viable for me would be compatible and fully interoperable scalable ecosystems like Matic and Avax.  Avax just completed its own wallet that also supports connecting to the bitcoin network.  It should be a plan that is tailored to the needs of the market.  Also don't forget ETH or ADA.  Despite many delays mixed with imperfect technical factors, both ETH and ADA are still a good choice at a price supported by growing demand.
To me this is a good and appropriate stage to choose and start building an embedded plan!

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