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Topic: why people are always interested in altcoins (Read 4151 times)
Pterosaur
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Re: why people are always interested in altcoins
March 17, 2023, 08:14:07 AM
#201
The end game is always Bitcoin, altcoin brings more dollars but they end game is to use the fund to buy more Bitcoin, there are only a few altcoins that are worth holding even when we are no more in a bull market, like Ethereum and Bnb, my wallet consists of more altcoins than bitcoin but I did this just for the profit, I plan to use the profit to acquire more Bitcoin.
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Dave1
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Re: why people are always interested in altcoins
March 17, 2023, 09:43:29 AM
#202
Quote from: Pterosaur on March 17, 2023, 08:14:07 AM
The end game is always Bitcoin, altcoin brings more dollars but they end game is to use the fund to buy more Bitcoin, there are only a few altcoins that are worth holding even when we are no more in a bull market, like Ethereum and Bnb, my wallet consists of more altcoins than bitcoin but I did this just for the profit, I plan to use the profit to acquire more Bitcoin.
Of course, all roads lead to Bitcoin no doubt about that.
But altcoins should have offer us better option as far as investment goes, there are like x100 altcoin return in the past. It's just hard to pick it up early and invest and keep holding until the bull run. So that could be the answer, people are still going for altcoins to have that gamble to get a good returns that bitcoin can't even get even in it's height of an all time high.
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Gayong88
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Re: why people are always interested in altcoins
March 17, 2023, 10:08:17 AM
#203
Yes, Market always provides various options for its users. for Altcoins or alternative cryptocurrencies always offer investors the opportunity to diversify their portfolio and potentially earn higher returns than traditional investments without having to invest in Bitcoin which can be very expensive.
In terms of reasons to buy altcoins, they can vary from person to person. Some may be attracted to the technology or use cases of certain altcoins e.g. The potential for high returns as a speculative investment opportunity. However, other people may see altcoins as a way to support certain projects or communities, of course, you have to be smart too, especially in seeing the fundamentals and the concepts going forward.
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Re: why people are always interested in altcoins
March 17, 2023, 11:43:50 AM
#204
Quote from: Stella Mese on January 27, 2023, 12:32:08 AM
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
I think it is all because altcoins can give us a big profit when we are lucky on the particular altcoin that we choose many investors afraid to invest in altcoin because it is really risky me my self already experienced being scammed but im not stopping on investing altcoins because i know altcoins can make us rich if we choose the best.
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naikturun
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Re: why people are always interested in altcoins
March 17, 2023, 01:33:59 PM
#205
because there are still many opportunities in a project where it is possible to give a high ROI if entered at the right time, I once participated in a move to earn STEPN project, and I got quite a high profit because I joined at the start.
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carrie_white
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Re: why people are always interested in altcoins
March 17, 2023, 04:05:10 PM
#206
why are people interested in altcoins? of course the reason is because of the profit that can be obtained from investing in altcoins, when the market is experiencing a bull run, it's not just bitcoin whose price is rising, but many altcoins whose increases are even higher than bitcoin, but of course keep in mind high risk high return
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Re: why people are always interested in altcoins
March 17, 2023, 10:27:06 PM
#207
Quote from: Stella Mese on January 27, 2023, 12:32:08 AM
...
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
Yes, we think pretty much the same things, and I'm sure pretty much everyone here is thinking the same thing. Unfortunately, when it comes to making money, we cannot control our impulses and make mistakes like this. I don't have any altcoins at the moment, but when I open tradingview, I first look at Bitcoin and then immediately look at altcoins. I don't know how much longer I can endure this. Even if I don't make this mistake today, I might tomorrow or the next day.
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Re: why people are always interested in altcoins
March 17, 2023, 11:13:43 PM
#208
Quote from: naikturun on March 17, 2023, 01:33:59 PM
because there are still many opportunities in a project where it is possible to give a high ROI if entered at the right time, I once participated in a move to earn STEPN project, and I got quite a high profit because I joined at the start.
greed, it's just matter of finding the right time to invest so that we could get the most out of it, there has been many histories of investing in altcoins and turning out to be life changing decision I think that's the main motivation that makes many invest in altcoins, because how it has the chance of turning your life around within shorter time.
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Re: why people are always interested in altcoins
March 18, 2023, 03:10:07 AM
#209
Quote from: Stella Mese on January 27, 2023, 12:32:08 AM
I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
.
Yes the one of my reason to buy altcoin is high pumping but it is also high riskey
And my other reasons for buying Altcoins are:
Higher potential returns
Lower market caps
Greater innovation potential
Diversification
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Re: why people are always interested in altcoins
March 18, 2023, 04:45:44 AM
#210
Quote from: Stella Mese on January 27, 2023, 12:32:08 AM
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
The obvious answer is because of its high-risk high reward, the altcoin market is obviously so risky compared to bitcoin you don't really want to invest in a riskier cryptocurrency in my opinion but the thing is it just gives a higher return since it has a low market price so getting a big pump on that token could easily give you up 1000% or even more profit.
Just like what happened to dodge coin, the market price was just so low so a lot of people easily get 1000% of their investment, yes compared to bitcoin which already has a very high market price it would need to reach a certain price to even get 100% up on your portfolio, Yes were already last to invest on it since it already skyrockets years ago meaning where the one that whose carrying the risk. Altcoin can easily reach that in just a short amount of time then you could easily sell for an easy profit.
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Re: why people are always interested in altcoins
March 18, 2023, 11:03:12 AM
#211
although investing in bitcoin is indeed safer. but we can't close our eyes that investing in altcoins is indeed quite tempting because it has a much higher potential for increase. but of course with a high risk too. that's why I also keep buying some altcoins with my cold cash. and of course the biggest investment remains in bitcoin. it's just that I think having some altcoins is also worth doing because when bitcoin has a high increase then some altcoins will also follow with a much higher increase. the reason everyone keeps buying altcoins is because not all altcoins are bad. and many of them do have good potential. as long as we analyze properly before deciding to enter.
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Re: why people are always interested in altcoins
March 18, 2023, 01:40:05 PM
#212
because investing in altcoins is an opportunity to increase the number of other altcoins at a cheaper price. besides that with low capital we can invest in Altcoins and if you get a profit the return is also faster I think. I think this is the reason why there is interest in investing in Altcoins
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firesurfer
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Re: why people are always interested in altcoins
March 18, 2023, 02:08:14 PM
#213
Altcoins offer higher returns. That's what led us to altcoins. Altcoins offer very high returns, tens of times what they invest. Also, longtime holders are interested in interesting technology and the losses they incur, so they will hold altcoins for the long term.
The adventure with altcoins is like a gamble. If you choose wrong, you will lose all your money as a result. That's probably the most interesting point I've ever experienced.
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coinerer
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Re: why people are always interested in altcoins
March 18, 2023, 02:29:32 PM
#214
Quote from: firesurfer on March 18, 2023, 02:08:14 PM
Altcoins offer higher returns. That's what led us to altcoins. Altcoins offer very high returns, tens of times what they invest. Also, longtime holders are interested in interesting technology and the losses they incur, so they will hold altcoins for the long term.
The adventure with altcoins is like a gamble. If you choose wrong, you will lose all your money as a result. That's probably the most interesting point I've ever experienced.
It is very true that altcoins provide us with high returns in a short period of time due to which most of the investors are ready to take high risks for high profits and because of this investors are very much interested in altcoins. Bitcoin is a potential for investment but long time investment is required to get profit from here but Altcoin gives us high returns at any time. However, despite the high risk here, the lure of high profits attracts everyone to invest in altcoins too much.
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rahulzx
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Re: why people are always interested in altcoins
March 18, 2023, 03:37:30 PM
#215
Quote from: Stella Mese on January 27, 2023, 12:32:08 AM
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
There are lot of scaling and developing technologies on alts. As bitcoin is the first one expansion is limited to predicated level. I think so that many of us focusing on alts secondary.
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Re: why people are always interested in altcoins
March 18, 2023, 05:40:33 PM
#216
As far as I understand people mostly like to invest in alt coins to get extra profit in short period of time. Because alert coins that go to good positions pump more coins and if one invests, one gets a lot of profit in a short period of time. Which is why most people invest in Alt Coin but I think investing in Alt Coin is too risky. Because it is not right to invest in Alt Coin for a long period of time, many Alt Coins become scams. Because there is a lot of risk to own money that's why I prefer to invest in Bitcoin over Alt Coin.
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Jody.Drummer
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Re: why people are always interested in altcoins
March 18, 2023, 06:48:17 PM
#217
Quote from: coinerer on March 18, 2023, 02:29:32 PM
Quote from: firesurfer on March 18, 2023, 02:08:14 PM
Altcoins offer higher returns. That's what led us to altcoins. Altcoins offer very high returns, tens of times what they invest. Also, longtime holders are interested in interesting technology and the losses they incur, so they will hold altcoins for the long term.
The adventure with altcoins is like a gamble. If you choose wrong, you will lose all your money as a result. That's probably the most interesting point I've ever experienced.
It is very true that altcoins provide us with high returns in a short period of time due to which most of the investors are ready to take high risks for high profits and because of this investors are very much interested in altcoins. Bitcoin is a potential for investment but long time investment is required to get profit from here but Altcoin gives us high returns at any time. However, despite the high risk here, the lure of high profits attracts everyone to invest in altcoins too much.
High profits in a short time are indeed the main attraction for altcoins. But that is in line with the risks, especially if the altcoin is a new altcoin, of course the risk will be bigger than the altcoin that has lasted a long time. For those of us who already understand things like that, then we know what to do and which altcoins we should invest in. But the problem is for those beginners that sometimes they don't know at all, that's what makes them lose a lot of money. This must really be thoroughly understood, meaning we must really be prepared for the risks. Don't let us step forward because we only want to get big profits in a short time.
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coinerer
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Re: why people are always interested in altcoins
March 19, 2023, 01:04:23 PM
#218
Quote from: Jody.Drummer on March 18, 2023, 06:48:17 PM
Quote from: coinerer on March 18, 2023, 02:29:32 PM
Quote from: firesurfer on March 18, 2023, 02:08:14 PM
Altcoins offer higher returns. That's what led us to altcoins. Altcoins offer very high returns, tens of times what they invest. Also, longtime holders are interested in interesting technology and the losses they incur, so they will hold altcoins for the long term.
The adventure with altcoins is like a gamble. If you choose wrong, you will lose all your money as a result. That's probably the most interesting point I've ever experienced.
It is very true that altcoins provide us with high returns in a short period of time due to which most of the investors are ready to take high risks for high profits and because of this investors are very much interested in altcoins. Bitcoin is a potential for investment but long time investment is required to get profit from here but Altcoin gives us high returns at any time. However, despite the high risk here, the lure of high profits attracts everyone to invest in altcoins too much.
High profits in a short time are indeed the main attraction for altcoins. But that is in line with the risks, especially if the altcoin is a new altcoin, of course the risk will be bigger than the altcoin that has lasted a long time. For those of us who already understand things like that, then we know what to do and which altcoins we should invest in. But the problem is for those beginners that sometimes they don't know at all, that's what makes them lose a lot of money. This must really be thoroughly understood, meaning we must really be prepared for the risks. Don't let us step forward because we only want to get big profits in a short time.
Apart from this reason, investors are very attracted to altcoins because they can choose multiple coins and invest in them, in this case, their chances of loss are reduce to low. Like if you invest all your money in Bitcoin only and if there is a major correction in Bitcoin. In that case you will face a big loss. But if you invest all your money in multiple altcoins. For example 5 then if there are 2 altcoins falling in price and 3 rising in price then your total investment amount will be right on average. Many people prefer to invest in altcoins for this reason as well
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fvb
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Re: why people are always interested in altcoins
March 19, 2023, 01:26:21 PM
#219
People are generally interested in investing and not only in altcoins. The reason is always one to earn. The main thing here is to guess which token you can invest your assets in perspective. Therefore, it is very important not to lose your head on emotions or advice from someone.
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firesurfer
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Re: why people are always interested in altcoins
March 19, 2023, 04:02:31 PM
#220
Quote from: coinerer on March 19, 2023, 01:04:23 PM
Quote from: Jody.Drummer on March 18, 2023, 06:48:17 PM
Quote from: coinerer on March 18, 2023, 02:29:32 PM
Quote from: firesurfer on March 18, 2023, 02:08:14 PM
Altcoins offer higher returns. That's what led us to altcoins. Altcoins offer very high returns, tens of times what they invest. Also, longtime holders are interested in interesting technology and the losses they incur, so they will hold altcoins for the long term.
The adventure with altcoins is like a gamble. If you choose wrong, you will lose all your money as a result. That's probably the most interesting point I've ever experienced.
It is very true that altcoins provide us with high returns in a short period of time due to which most of the investors are ready to take high risks for high profits and because of this investors are very much interested in altcoins. Bitcoin is a potential for investment but long time investment is required to get profit from here but Altcoin gives us high returns at any time. However, despite the high risk here, the lure of high profits attracts everyone to invest in altcoins too much.
High profits in a short time are indeed the main attraction for altcoins. But that is in line with the risks, especially if the altcoin is a new altcoin, of course the risk will be bigger than the altcoin that has lasted a long time. For those of us who already understand things like that, then we know what to do and which altcoins we should invest in. But the problem is for those beginners that sometimes they don't know at all, that's what makes them lose a lot of money. This must really be thoroughly understood, meaning we must really be prepared for the risks. Don't let us step forward because we only want to get big profits in a short time.
Apart from this reason, investors are very attracted to altcoins because they can choose multiple coins and invest in them, in this case, their chances of loss are reduce to low. Like if you invest all your money in Bitcoin only and if there is a major correction in Bitcoin. In that case you will face a big loss. But if you invest all your money in multiple altcoins. For example 5 then if there are 2 altcoins falling in price and 3 rising in price then your total investment amount will be right on average. Many people prefer to invest in altcoins for this reason as well
haha. Don't you guys find the altcoin risk exciting? It is like Future trading. The profits that altcoins bring are indisputable. If you are not confident with any altcoin, choose altcoins with moderate capitalization on Binance, Kucoin or Gatecoin. Admittedly, they have now accumulated enough and are ready to increase in price.
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[
.
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.
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why people are always interested in altcoins
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