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Author Topic: Which alt-coin do you trust the most?  (Read 489 times)
smartaction
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July 05, 2022, 04:13:21 AM
 #61

I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just  bought again now that the value has reduced. I still trust that it will increase rapidly soon.
I think Ethereum, BNB, MATIC is solid altcoin at the moment. These Altcoin can never drop a lot like others altcoins. And these Altcoin is must trusted and valuable. The future Altcoin market will be in their possession. And the price of these will go up a lot. Although they are still in the top position in the market.

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July 05, 2022, 04:29:54 AM
 #62

The most reliable good Altcoin is Ethereum. But with this you can hold the BNB .If you invest in these two most reliable coins of the present time, you will definitely be able to make a good profit in the future.All these top coins will try to recover the most as the market grows.
It is just a matter of waiting patiently, DCA if ethereum continues to drop and you will get the rewards you deserve when the next bullish arrives.
You will get a good night's sleep this bear season if you focus on holding bitcoin and ethereum. No matter what the next trend in the market will be, it is certain that ethereum will never lose manners and will always bounce when the bullish comes.

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July 05, 2022, 06:22:26 AM
 #63

I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just  bought again now that the value has reduced. I still trust that it will increase rapidly soon.
You've managed to get quite a sizable return on ethereum in just over a year and now you're planning to buy it again, so of course when the market goes through a correction like it is today, this would be a good time for us. to buy it but i suggest it will be better if you buy it gradually to be able to get discount and take advantage of every drop, no need to doubt ethereum coin as a long term investment because ethereum will continue to grow bigger in future.

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July 05, 2022, 06:55:40 AM
 #64

What a great way to earn with what you did. You just invested at the right time and sold at the right time. Much money has flown into cryptocurrencies in those years, so it's great that you have profited more than triple your initial investment. I think you shouldn't forget that feeling because you can probably use it again and have the capacity to satisfy likewise if you believe in a particular coin of your choosing.

I think averaging your entries with the asset could significantly increase your chances of profiting more from it.

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July 05, 2022, 10:32:26 PM
 #65

The most reliable good Altcoin is Ethereum. But with this you can hold the BNB .If you invest in these two most reliable coins of the present time, you will definitely be able to make a good profit in the future.All these top coins will try to recover the most as the market grows.
I think the question we should ask ourselves is that why did investors trust these coins?
They trusted ETH because it introduced something innovative into the cryptocurrency scheme but sadly they mess up in terms of tx confirmation time and the fee which is the reason why coins like BNB, SOL, AVAX, etc get a chance to make waves in the market.
Whenever, I think about how Vitalik makes empty promises I have the feeling it was a bargain between him and others (BNB, SOL, AVAX team since he supported AVAX).
If ETH dev fixes the tx problem you will see how its level of dominance in the market will increase.

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July 05, 2022, 10:41:40 PM
 #66

What a great way to earn with what you did. You just invested at the right time and sold at the right time. Much money has flown into cryptocurrencies in those years, so it's great that you have profited more than triple your initial investment. I think you shouldn't forget that feeling because you can probably use it again and have the capacity to satisfy likewise if you believe in a particular coin of your choosing.

I think averaging your entries with the asset could significantly increase your chances of profiting more from it.
We can do better and do the sell option if we are not greedy. Many people got to miss it right because of the greediness that lives inside and the reason why they instead sell during the peak season but still hold and wait for more until the sunset comes. Many people lose their opportunities and yet they blame the market which in fact that was their fault.
Thus, if we are able to perform just like OP and choose the right coin for investment, we are getting rich in the future but unfortunately, not.

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July 06, 2022, 03:33:06 AM
 #67

~snip
We can do better and do the sell option if we are not greedy. Many people got to miss it right because of the greediness that lives inside and the reason why they instead sell during the peak season but still hold and wait for more until the sunset comes. Many people lose their opportunities and yet they blame the market which in fact that was their fault.
Thus, if we are able to perform just like OP and choose the right coin for investment, we are getting rich in the future but unfortunately, not.
That's the thing, we don't know if we are right on time to sell the certain asset. Imagine being able to sell it even 100x more than the others. There are a lot of other opportunities that might be missed or something. It's better to have control and manage your risks accordingly. You cannot expect the market to go according to your plan so, it's better to just make the most out of it.

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July 06, 2022, 03:45:41 AM
 #68

There is still ethereum, the best candidate on the market, but there are a number of altcoins that are just as trustworthy as BNB, BNB is also an altcoin worth trusting for its future. However, in a way, it can be said that BNB has not yet been able to compare and replace the candidate of the Ehereum.

You got a good return on your Ethereum investment, so I encourage you to do even better in the future with Ethereum.

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July 06, 2022, 05:24:05 PM
 #69

ETH and BNB definitely gonna recover its ATH back eventually, its just obvious seeing that they have gone through the same thing so many times and always could regain its value back.
The other altcoins mostly in NFT i don't really sure since it seems the trend has faded. Instead i'd definitely invest in coin that's smart contract platform just like BNB and ETH since they are really the best if it comes in regaining its value back long term.
An nft is a token not an altcoin, judging by its name which is "non fungible token" if spelled in full. A real altcoin do has the ability to create a smart contract like what we saw in eth and in bnb. It's wise to invest on these kinds of alts because they have a utility. Devs or the common people will have a reason to buy them as they are being used to create or interact with the smart contracts.

Nft's are only good for display purposes and we aren't sure if they can retain their value the moment the trend passes out but maybe except to those nft which can be used in certain popular games or casinos because there will still be a demand for them.
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July 06, 2022, 09:42:02 PM
 #70

I still hold a handful amount of ETH and I think that they'll go bigger with the next bull run. I've already sold in all seasons, bears and bulls and nothing has changed to me.

All of those times that I've sold it depends on my financial situation and let's say that it's not all about the trust but what you can see on the project.

Just like those investors that are holding unknown tokens but they do believe on it and yeah, trust it but I'm sure that the time will come they have to let go of it and trust will be gone.

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July 06, 2022, 09:49:22 PM
 #71

What a great way to earn with what you did. You just invested at the right time and sold at the right time. Much money has flown into cryptocurrencies in those years, so it's great that you have profited more than triple your initial investment. I think you shouldn't forget that feeling because you can probably use it again and have the capacity to satisfy likewise if you believe in a particular coin of your choosing.

I think averaging your entries with the asset could significantly increase your chances of profiting more from it.
That is true, there were periods when it was amazingly easy to make a lot of profit, but at the same time it shouldn't be something that we forget and lose hope just because we are not in those periods right now. It is true that the best thing to do right now would be making a profit as much as we can, and that is why we need to hope for a situation where it is easier to make a profit in the long run and just wait for those times to comeback.

It is going to happen, I am 100% certain that it is going to happen, and that is why I believe that we shouldn't really be focusing on anything that disrupts this type of situation overall and quit, just wait and it will come.

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July 07, 2022, 05:53:37 PM
 #72

I trust icp all top 100 bro but my fav coin is icp icp Internet Computer (ICP) is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale.

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July 07, 2022, 11:01:40 PM
 #73

Considering the current market, there are 2 cryptocurrencies that I trust. The first of these is definitely bitcoin. The second is ethereum. Bitcoin is the biggest source of the formation of the crypto money world and it is the crypto money that offers us this system. On the other hand, Ethereum is a system that has proven itself on this market and that almost many new projects use its infrastructure. If we remove ethereum from the world of cryptocurrencies, apart from bitcoin, many existing cryptocurrencies are doomed to extinction.
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July 08, 2022, 05:16:29 AM
 #74

Considering the current market, there are 2 cryptocurrencies that I trust. The first of these is definitely bitcoin. The second is ethereum. Bitcoin is the biggest source of the formation of the crypto money world and it is the crypto money that offers us this system. On the other hand, Ethereum is a system that has proven itself on this market and that almost many new projects use its infrastructure. If we remove ethereum from the world of cryptocurrencies, apart from bitcoin, many existing cryptocurrencies are doomed to extinction.
Since this is about trust then without a doubt the altcoin which is the more deserving of it is ethereum, not only it has been around for a long time, it is the second coin in terms of market cap and there are other coins which depend on it which solidify its position, so without a doubt it is the best altcoin in which we can invest if our aim is to hold our altcoins for the long term, in second place I will put BNB as it can give huge profits as well, but other than those coins I do not trust in any other altcoin.

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Jawhead999
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July 08, 2022, 02:49:49 PM
 #75

Beside Bitcoin, I trust Monero since it's an another project which have a real usage and never claiming to be a coin that better than Bitcoin. I guess the other altcoins actually are worthless since they don't have any real use cases except cheaper fees, what they do is forking a coin and claiming to work on different prospect. The more and more I see this kind altcoins, it will ruined the altcoins space.

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July 08, 2022, 03:02:45 PM
 #76

Beside Bitcoin, I trust Monero since it's an another project which have a real usage and never claiming to be a coin that better than Bitcoin. I guess the other altcoins actually are worthless since they don't have any real use cases except cheaper fees, what they do is forking a coin and claiming to work on different prospect. The more and more I see this kind altcoins, it will ruined the altcoins space.
I completely disagree with you. Monero is obsolete technology, especially compared to EVM tokens like 0xMR and BUCC and private smart contract chains like DERO and incognito chain. As to altcoins being worthless, or there being too many altcoins/forks, I think you are wrong there too. That's like saying there are too many types of websites or too many types of shoes. This is how technology evolves and improves. Good tech and projects will stay alive and the scams or failed ideas will fail. A lot of new L1's are technologically superior to Ethereum, like CNDL and NEAR, and we will see these protocols surpass Ethereum over time. You can't stop progress just because you can't keep up with the changes.
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