FairUser
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March 30, 2022, 01:02:08 AM |
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We all see the potential or profit from this market. Profit comes with risk ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) , it seems reasonable when you like to venture into this space without raising your skills to adapt to it. The strengthening of the accompanying trends is inevitable and also means that fraudsters will appear more. But don't worry too much about this, when you can completely control your own situation. Don't try to look at the profit generated, but be more realistic that you will make money or lose money with it. I know many people come to the market through referrals from relatives and they don't care about knowledge, and that is really dangerous for the investment. You are dependent on knowledge.
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ItsCrafty
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March 30, 2022, 01:16:46 AM |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
Ok let me share the market condition which we can expect in this season. If wee previous chart, April month extremely bulish but not for long time. At the end of April market can go down. So my recommendation for Altcoin traders , make trade or hold coin , you will get profit. I will exit amd sell all my short term coins before 25 April.
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Farma
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March 30, 2022, 06:03:28 AM |
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large fluctuations can be an advantage and a disadvantage for someone in the crypto world. Personally, I consider that an advantage. because when we choose the right coin, we will get profit with it. it's just that choosing the right coin is a problem in this case. maybe we can minimize this risk by choosing popular coins, and holding them for a long time. I'm pretty sure with that we can benefit. however, sometimes people make decisions based on the hype. it's a pretty hard way. So, if you want to profit from the upside that will happen in the future, make sure to only choose popular altcoins.
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lixer
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March 30, 2022, 05:48:16 PM |
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The bull market has just ended so in the near future it is very rare for the season to come again at this close distance. but don't be afraid the market doesn't always go down, there must be an up movement like what's happening now. when season for the bear comes, choose the best altcoin because it can affect the upcoming bull season
Bull run ended? How did it end? I mean it wasn't even good enough to call it a bull market if you ask me because it went up like 10-20% and that much increase in just one week doesn't constitute being called bull run to me. However, even if we consider it a bull run, why would you consider that it is over? We are still above 47k and it still looks quite good. I do agree with the rest of the explanation though, when we are facing stuff like bear markets, all we can do is finding the best altcoins and invest into them. When you do that, then it means when the bull run comes you will be able to make a great profit from those altcoins reaching new highs.
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Silberman
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March 31, 2022, 09:35:20 PM |
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Which is why we need to look at the potential ROI of altcoins and most of the time it is negative, it is true that if you invest enough money in the right altcoin you could earn 100 times your capital or even more, but you could invest 1% of your capital in 100 different altcoins and still lose it all or the majority of your money, so investing in those new altcoins is for the most part not a good decision, which explains why we see so many new investors that lose everything to those new coins and then they come to the forum and complain about it.
There was a guy back in the day who did that exact thing on ICO projects as well. He invested 1% of his portfolio into a new ICO every day, and he kept a spreadsheet of what he has done so far, which resulted with him showing that he actually made a profit from it. You know what was the main reason for it? Even though you could lose your 100 bucks when you invest, even if it is all of it, there is a good chance that you could earn more than double that amount with something else. The max you can lose on a bet of 100 bucks is 100 bucks, you can't lose 101 bucks when all you invested was 100, but you could earn 100 more, or 200 more, or 10k more, there is no upside limit to it. That is some interesting information, I was already here when the ico craze began so maybe I missed that thread back then, so without a doubt those were some amazing findings, however we know the market can change dramatically in a short amount of time, so while something like that could have worked back then I doubt that is the case now, as there are more scammers than ever in the market, the quality of the projects is even lower, the number of projects is even higher and people are more skeptical now than they were back then.
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Anguwa
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March 31, 2022, 10:05:41 PM |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
Altcoins are actually rather beneficial. It's occasionally a smart idea to invest in altcoins since they offer large returns on investment, but it's also true that some shitcoins can cause someone to lose all of their money. It's important to relax and take your time when deciding which Altcoins to invest in. You'll find that investing in Altcoins is a lot of fun.
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bittick
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April 01, 2022, 04:16:34 PM |
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i’m sure this time around the bearish trend of the altcoins are gonna be coming for an end, honestly we’ve been in the bearish trend long enough already and there is always an end for this thing and as it has been showing the trend has slowly changing into the direction for the betterment that is by also following the trend of btc that has been showing kinda positive sign that it’s maybe gonna be having another great rally and therefore triggering the bullish trend. once bitcoin is already out of the bearish trend it’s just matter of time until the altcoins gonna be having an altcoin season and probably massive ones at that. the metaverse and NFTs are gonna be the ones that dominate again I guess. We are facing bullish trend right now
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marine4u
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April 01, 2022, 05:25:34 PM Last edit: April 01, 2022, 06:05:01 PM by marine4u |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative
It sounds like a loser, so most altcoins go with a roller coaster. Although, the altcoin trend is representing intensity and excitement very interesting and hype called Metaverse, nft, meme, defi. But I am curious that, “altcoin will be the most profitable investment” – I expect an example. To me, that view is wrong, you need something that goes with both and represents an opportunity for sustained profitability.
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the ghabbar
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April 01, 2022, 05:57:13 PM |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
There are many advantages and disadvantages in investing in crypto, but if you can take advantage of good and potential coins, it will generate large profits, and all forms of coins have a fluctuating level, because the market reaction is not as long as it is in a stable and good condition, therefore Therefore, seeing opportunities, strategies and ways to recognize potential coins is really needed, because these three things will determine the investment steps you prepare
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BitKongy
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April 01, 2022, 06:43:50 PM |
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Pick your altcoins wisely and invest only what you can afford to lose, I don't see any advice better than this because on the long run even a shit coin can outperform top altcoins, when shiba inu came many called it shitcoin and it did the unexpected.
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Silberman
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April 03, 2022, 06:41:02 PM |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
Altcoins are actually rather beneficial. It's occasionally a smart idea to invest in altcoins since they offer large returns on investment, but it's also true that some shitcoins can cause someone to lose all of their money. It's important to relax and take your time when deciding which Altcoins to invest in. You'll find that investing in Altcoins is a lot of fun. No one is going to argue against the fact that altcoins can give you a lot of profits if you can pick the right one, the issue is how do you find that coin? And honestly there is no other way but to look at dozens or even hundreds of coins before you find a few that were worth your time, and quite honestly there are very few people that can do something like this as after reading the white paper of a few coins they just get tired about the whole thing and then they just pick whatever coin they fancy, which is not a strategy that is very conductive to the success they are looking for.
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TheUltraElite
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April 04, 2022, 04:23:00 AM |
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What I want is of course something profitable. The market price is high so the altcoins I hold can benefit a lot of money.
Everyone is looking for profitable coins, you are not the only one here. But there is no need to search because we already know the most profitable one, bitcoin. Thing is that people find bitcoin's price to be too big to digest a single coin and hence they think about putting money on altcoins which have no value. As soon as you realise this the better for your portfolio. Otherwise you will get fooled every few weeks when a new shitcoin developer comes in with their pitch.
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mindrust
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April 04, 2022, 04:45:18 AM |
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altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
Depends on the which coins you are talking about. In a bull market it doesn't matter which coin you hold but right now that's not the case so you should be careful with your choices. There was a crypto called IOTA, it was one of the top10 or top5 coins during the ICO bubble and right now it is #54 on CMC.
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breathlessz
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April 04, 2022, 07:57:57 AM |
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with altcoins, will get a bigger profit than bitcoin. in altcoins also many are safe and not hype. we can choose altcoins at the top, so they can provide fluctuating and long-term returns and security in the future. but indeed many people are tempted by new altcoins that can increase by thousands of percent, and this is very high risk, because it is easy to pump and dump in the end, if we can use it it will be easy to get rich, but greed often lands on us
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maydna
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April 04, 2022, 09:32:06 AM |
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with altcoins, will get a bigger profit than bitcoin. in altcoins also many are safe and not hype. we can choose altcoins at the top, so they can provide fluctuating and long-term returns and security in the future. but indeed many people are tempted by new altcoins that can increase by thousands of percent, and this is very high risk, because it is easy to pump and dump in the end, if we can use it it will be easy to get rich, but greed often lands on us
But don't forget that altcoins can also suffer heavy losses, especially if the price of bitcoin drops too far. We've already seen what happens to altcoins if bitcoin moves down, and that's why if you want to invest in an altcoin, don't hold on to it for too long and sell immediately if the price can go up high shortly. In addition, a large number of altcoins today can confuse you about which altcoin you can invest in. Therefore, be careful if you want to invest in altcoins.
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gabbie2010
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April 04, 2022, 06:38:42 PM |
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Yes, Altcoins are now great for investment. Because now there are many altcoins coming with great utilities that's future is bright. Altcoins is performing great today and will perform even more good in future.
Well I agreed that it's good to invest in altcoins however an investor has to be extra careful and do research inorder not invest in a wrong altcoins, of course not all these coins are profitable in a long run, there are some coins that will be abandon by its developers in a later stage, thus only invest in reputable and trusted altcoins with good future potentials, and avoid pump and dump coins especially meme coins, It's obviously that if the price of cryptocurrencies is bullish definitely majority of altcoins will pump thus enabling it investors to recoup their investment.
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Silberman
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April 07, 2022, 08:58:15 PM |
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Yes, Altcoins are now great for investment. Because now there are many altcoins coming with great utilities that's future is bright. Altcoins is performing great today and will perform even more good in future.
Well I agreed that it's good to invest in altcoins however an investor has to be extra careful and do research inorder not invest in a wrong altcoins, of course not all these coins are profitable in a long run, there are some coins that will be abandon by its developers in a later stage, thus only invest in reputable and trusted altcoins with good future potentials, and avoid pump and dump coins especially meme coins, It's obviously that if the price of cryptocurrencies is bullish definitely majority of altcoins will pump thus enabling it investors to recoup their investment. And that is yet another added risk when it comes to investing in altcoins, you could do everything right and select a coin after investigating a lot of altcoins and choosing the best, but all of that would be for nothing if the developers decide to abandon the project midway and rugpull their investors, something that is quite common, so while the profits you can get with altcoins are undeniable, at the same time the massive loss you can incur are undeniable as well, with the difference that losing your money is many times more likely than earning any money with those coins.
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jahepahit
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April 07, 2022, 11:31:45 PM |
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I think everything still depends on the movement of bitcoin except for some that move irrespective of Btc trend. That's why we need to be sure of Btc direction before prediction how alts will move. I hope we turn bullish, sole good alts is profitable to hodl.
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Odusko (OP)
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April 08, 2022, 08:53:23 PM |
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Altcoins as the name implies is an alternative cryptocurrency to the first blockchain ever which is Bitcoin. These alternative cryptocurrency came to correct and make our life easier through solving series of world challenges using the blockchain. It is imperative to know that early adopters are liable to rip huge benefits from the blockchain. Altcoin are realease almost everyday, it's in our own best interest to do research about any of the coins that interest you before investing your funds
Absolutely correct on that, the ethereum blockchain has come to support the already existing Bitcoin blockchain which is a.kind of rigid and does not allow for easy updates or development so the altcoin is here to serve as support and to solve the scalability issues faced with the bitcoin blockchain.
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April 08, 2022, 08:58:14 PM |
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I expect this season will have new all time high for altcoin but looks still away with new higher price, several altcoin price still drop after bitcoin not stable on higher price and drastically dump last two days until $43,000. I think if bitcoin can't reach higher price not any expectation to see with new all time high for bitcoin and altcoin, beside every time have bad news about bitcoin after war invasion and economic crisis right now. I don't know when bitcoin and altcoin will reach to higher price usually at this month have begin for bitcoin recovery on higher price until several moths later.
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