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Author Topic: A single alt coin which gives you profit multiple times?  (Read 286 times)
virasisog
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December 04, 2022, 02:40:25 PM
 #21

Next to Bitcoin, it was Ethereum which has given me a good profit multiple times. It took time to be honest because Ethereum is good for long-term holding but I could say that Ethereum is always worth the wait. Since the first bull season, I've learned the importance of buying it while the price is down. From then on, I never miss the opportunity to buy during the dip so I'll have a good gain every time the market recovers. I've also gained a promising profit from BNB, XRP and Cardano.
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December 04, 2022, 03:31:36 PM
 #22

I often benefit from BNB. I bought it right before the Launchpad announcement on binance. and at that time the price was still very low. so when Binance announced that there would be a Launchpad, of course the price went up quickly. as everyone started buying BNB to get on Launchpad. i have done it at least 2 times. and 2 times in a row I get big profits.

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Oceat
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December 04, 2022, 03:42:43 PM
 #23

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.


Or a single altcoin can sweep all of your funds in a single day.

This is the risk of investing altcoins it's more risky than investing in Bitcoin and you will never know what coin would give you profit that's why you have to risk on investing even if it means losing your funds. As long as you can afford what you lose you're still fine because that's what investment but make sure you know what you are doing or else it could end up badly.

A few people get lucky on investing with altcoins if they get profit but also there are unfortunate people who lost a lot after the investment.

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December 04, 2022, 03:52:59 PM
 #24

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.


Or a single altcoin can sweep all of your funds in a single day.

This is the risk of investing altcoins it's more risky than investing in Bitcoin and you will never know what coin would give you profit that's why you have to risk on investing even if it means losing your funds. As long as you can afford what you lose you're still fine because that's what investment but make sure you know what you are doing or else it could end up badly.

A few people get lucky on investing with altcoins if they get profit but also there are unfortunate people who lost a lot after the investment.

Fortunately, many of us just earn those tokens in bounty campaigns. I have some altcoins that made up to $20K. It's a huge win and a bounty participant just worked for 4-6 weeks. Lucky for those who sold after that because some of these tokens never rise again after a bear market.

One token that I invested in was Cardano (ADA) when its price dipped to $0.02, I bought close to 17K ADA tokens. Sold them at $2.75. That's still a profit and bought back above $0.50 though so I'm at loss again.


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December 04, 2022, 05:34:01 PM
 #25

IDEAlogy (IDEA) token was a very cool investment which I made much thousand from it, how I wish most of my investment would went through that way I would have been more happier, although ethereum was as well pretty nice to me then but I sold out of panicking without knowing it could get this higher than before. 2017/18 dip made me to sell out of fear thinking it was the end of all crypto because it's unbearable to me seeing my assets losing 95 percent of what was initially invested.
I learnt my lesson from then.
I think I already heard this coin before and if I still remember, this coin have been talked of the town once but despite of what happened with you, you shouldn't regret anything but you must be thankful rather, because you have made nice profits out of this coin. You sold your eth but you shouldn't regret it either because imo eth wasn't good at all. It is too centralized which means it can be easy for their team to manipulate it.

If there is a coin that we should put most of our money then that will only be bitcoin. Thinking about the end of crypto is only normal and it happened maybe because you are still a newbie that time but now that you have an experience, you now know what to do in case similar events happened again.

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abel1337
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December 04, 2022, 06:04:59 PM
 #26

I have no clue yet which coins can give us like that but for sure there is.
I was also preparing some funds to invest in new projects, I'll take the risk. But this will be just spent during halving because as I have experienced in the past, most new projects unexpectedly soared high compared to old coins and I was going to believe that it will happen again. But as I've said, the risk is too high, and no assurance for it.

I don't encourage people to do this but I think it was their time also to experience and be aware of the situation.
I also believe that new projects again this time will rise more compared to other old altcoins out there. New projects coin are just so aligned with the trend that's why they are pumping hard compared to older coins but there are older coins that is align with the trend experienced a greater pump than those trendy new coins. The one we should be be prepared of is the token we are investing since scammers today in cryptocurrency is at it's all time high since many scammer see cryptocurrency as a easy gateway to scam people and building a new project to take advantage of people is a big possibility. We have seen this last bull market where most of the project where being rug pulled by the devs.
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December 04, 2022, 06:45:39 PM
 #27

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.

Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200.

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December 05, 2022, 06:00:58 AM
 #28

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.


Not all altcoins deliver gains. Some can allow you to make short-term profits, and even wipe out all your funds in one day. There are very few altcoins that are profitable multiple times, so don't get greedy and get out at the right time.
There are also many scam projects in the crypto market, and you never know which token will bring you profits. Therefore, you must choose carefully when investing or trading altcoins, and you must also bear the corresponding losses.
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December 05, 2022, 10:24:41 AM
 #29

I didn't just make big profits on one coin because I had saved many coins. In several altcoins of the previous season, many of these coins could provide enormous profits. But sadly, those coins can now not repeat their previous success because it looks like investors need other coins that can provide other big returns. This is why now I only save a few coins and only focus on collecting more bitcoins because I realized that the price of bitcoins can increase and will give me big profits over time.

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December 05, 2022, 01:34:45 PM
 #30

I didn't just make big profits on one coin because I had saved many coins. In several altcoins of the previous season, many of these coins could provide enormous profits. But sadly, those coins can now not repeat their previous success because it looks like investors need other coins that can provide other big returns. This is why now I only save a few coins and only focus on collecting more bitcoins because I realized that the price of bitcoins can increase and will give me big profits over time.
well there is no doubt that the most appropriate step at this time is to collect bitcoins. the long-lasting bear market has given us the opportunity to be able to buy more bitcoins. But on the other hand, today there are actually many Altcoins that have high potential and will experience high increases when the bull market comes. Like BNB and Matic. these two altcoins continuously show good progress in their projects. BNB excels because it is the coin of the largest Exchange today. and projects from BNB are numerous. but for Matic I am amazed at the development of the partners they can get to support their projects like Disney etc.

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December 05, 2022, 03:24:18 PM
 #31

I often benefit from BNB. I bought it right before the Launchpad announcement on binance. and at that time the price was still very low. so when Binance announced that there would be a Launchpad, of course the price went up quickly. as everyone started buying BNB to get on Launchpad. i have done it at least 2 times. and 2 times in a row I get big profits.

Yes, same here. BNB is one of the few altcoins that is included on my portfolio and not even once, it haven't disappointed me because it brought me huge profits since I acquired it. Until this very day, I'm still hodling this coin and acquiring more just like what I have on my portfolio when I have the chance while it's still selling at a discounted price and while hoping to see the market skyrocketing soon.

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December 05, 2022, 07:48:04 PM
 #32

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.
Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200.
I highly doubt that there were too many people who held it. I mean first of all it was locked for a long time, which means that not many people were capable of selling even if they wanted to, and secondly there weren't that many people who could invest, because if they weren't invested at first, they couldn't get much of it since it was locked in others wallets, and rarely unlocked. So all in all, the price increase happened because of scarcity and nothing else.

I guess that some people did made some profit, but in the end it's never going to be the same again in the future even when the bull run happens, it will be a lot less higher ups, and that is my worry for Avax's future.

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December 05, 2022, 09:24:02 PM
 #33

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.

First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.
Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200.
I highly doubt that there were too many people who held it. I mean first of all it was locked for a long time, which means that not many people were capable of selling even if they wanted to, and secondly there weren't that many people who could invest, because if they weren't invested at first, they couldn't get much of it since it was locked in others wallets, and rarely unlocked. So all in all, the price increase happened because of scarcity and nothing else.

I guess that some people did made some profit, but in the end it's never going to be the same again in the future even when the bull run happens, it will be a lot less higher ups, and that is my worry for Avax's future.

Large profits have never been made by large masses of investors, which is understandable, because there is not enough money for everyone. If we are talking about the coins that were distributed at the ICO, they were locked in for a while, but even if we do not take into account the original investors, but ordinary market buyers, buying 2 years at $4 would also be an extremely profitable investment.

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December 05, 2022, 09:42:32 PM
 #34

I often benefit from BNB. I bought it right before the Launchpad announcement on binance. and at that time the price was still very low. so when Binance announced that there would be a Launchpad, of course the price went up quickly. as everyone started buying BNB to get on Launchpad. i have done it at least 2 times. and 2 times in a row I get big profits.

Yes, same here. BNB is one of the few altcoins that is included on my portfolio and not even once, it haven't disappointed me because it brought me huge profits since I acquired it. Until this very day, I'm still hodling this coin and acquiring more just like what I have on my portfolio when I have the chance while it's still selling at a discounted price and while hoping to see the market skyrocketing soon.
I've experienced the fortune out of ethereum and BNB, but for god's sake I wasn't able to enjoy the profit out of the investment. I just left it to grow expecting more, but to my bad time the price crash happened and I was in an urge to cashout by the time. Further I experienced good growth out of uniswap.

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December 05, 2022, 10:02:30 PM
 #35

Raiblock (XRB) A.K.A NANO.

From this alt-coin, I finally know more about Cryptocurrency. It's super easy and free for mining this coin on the olds day, you just need to solved captcha for the coin. Finally this coin making the big success by listing on Binance.

It's crazy.

Oh I remember those days about RailBlocks, 2017 how to get and exchange here in the community and then it surges to like 50% or more when it changes it's name to Nano.

For me is ADA, (before this whole privacy centric thingy that they have done now), very cheap in the beginning, but one of those who had a good run during the last bull run. Ethereum as well in 2018 bearish market, it went low below $80 invested some and then went crazy on 2021 as well.

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December 05, 2022, 10:28:21 PM
 #36

I think it's easily shib that brings profit multiple times honestly, considering back then with meme coins you just need to be patient to wait until your coin grow and you can easily take profit from it.
The other coin is definitely eth, might seems like generic investments but investing in coin like eth surely giving good returns in the long run.

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December 07, 2022, 03:13:52 PM
 #37

Many Altcoins in the past have given me many advantages such as XLM which has given me many advantages because it almost touched ATH $ 1 and that was a big advantage for me because I have held a lot of XLM since XLM was launched.

And some of the past ICO coins have also been a great source of profit for me.

Apart from that, DOGE and SHIB are included as memecoins which provide many times the profit. They held DOGE at a very low price until they reached the latest ATH. All the altcoins of the past have been extraordinary.
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December 07, 2022, 04:46:19 PM
 #38

A coin going up and down multiple times and the trader following it in buying and selling accordingly will lead to profits multiple times. On the other hand if you are buying shitcoins at the top and then they go down in the dump for years, you are essentially screwed. This all depends on the altcoin, and it is not possible to predict this easily. For bitcoin we can be assured that it will go up after going down, even for top few altcoins but not the newly launched coins.

The coin as per the OP might give them good profits, so good luck with that but in case you are not sure about it, it is better and safer to buy bitcoin than any altcoin.

R


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December 07, 2022, 07:56:33 PM
 #39

It was amazing ride with Ethereum from me. I actually hold a couple of it and all I can say that was truly amazing experience since it's one of the cryptos that I've contributed a ton with cash as well as with my feelings.Ethereum which has given me a decent benefit various times.I've taken in the significance of getting it while the cost is down. From that point on, I never pass up on the potential chance to purchase during the plunge so I'll have a decent increase each time the market.

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December 07, 2022, 10:24:43 PM
 #40

For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.
At that time, I got CTSI. But, after the crash, I stop doing it because the market is very unstable at that time. Although the profits are not kind of big profits, at least, I could repeat earning profits from investing and trading CTSI at that time. This was one of the popular altcoins at that time. But now, this seems like silencing.

Actually, continuous n earning from investment is profitable, moreover if we have funded a certain altcoin with the results. However, we also know that market will be changing again and we may also change our strategy and coins for investment or trading.

Next to Bitcoin, it was Ethereum which has given me a good profit multiple times. 
This is one of the must-have cryptocurrency besides Bitcoin. This has been a longer time and keeps developing following Bitcoin. We also know how the trust Ethereum. Probably if I can expect more, BNB may be one of the other profitable investment to have. I really expect that the path will also follow Ethereum that were able to skyrocket highly in the last bullish era.

R


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