why people are always interested in altcoins

[Bobrox]

High profit return by investing in altcoin is the reason why many people still priority investment in altcoin than bitcoin, another important side many people still beloved with altcoin depend on their fund for investing. I don't think worth when investment fund above $300 and invest it in Bitcoin, getting up few percent we can't earn high profit but in altcoin within 5% price have been up we can earn more than 15$ in short time.

I have position with fund under $1000 in trading and until right now not interested yet for investing in Bitcoin, I know with potential from Bitcoin but small capital seems not enough to earn huge profit from bitcoin investment but difference when investing in altcoin.

[coinerer]

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.

Lol altcoins investment is not like Future trading or gambling. Altcoins rise and fall more quickly than Bitcoin, so investing here is higher risk than Bitcoin, but it can never be compared to futures trading. You have a bit of a misconception about this. To get high profit you must take risk.  And if it's about getting a faster profit then naturally there will be a more higher risk. Futures trading is like gambling so you can never compare it with altcoin investment or any other investment.

[umbara ardian]

High profit return by investing in altcoin is the reason why many people still priority investment in altcoin than bitcoin, another important side many people still beloved with altcoin depend on their fund for investing. I don't think worth when investment fund above $300 and invest it in Bitcoin, getting up few percent we can't earn high profit but in altcoin within 5% price have been up we can earn more than 15$ in short time.

I have position with fund under $1000 in trading and until right now not interested yet for investing in Bitcoin, I know with potential from Bitcoin but small capital seems not enough to earn huge profit from bitcoin investment but difference when investing in altcoin.

Thinking about the upside, newcomers will often prioritize altcoins, unlike long-time investors who want the safest assets, not the most money. And in the short term we can see altcoin price momentum is always very strong, the rate of decline is also very fast.
I see the problem like this at the moment in the market in terms of issues like we only look at the flowers of the tree without caring about its easy roots and the risks with altcoins are always many.

[GreenStox]

because altcoins can provide a lot of profit in a not too long time, but the risk of altcoins is also quite high.
even so, people still invest in altcoins because with little money they can invest, in contrast to bitcoin which requires large capital.

[Sweetbtc]

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 is no doubt that Bitcoin is currently the king of all crypto currencies and most  capital is invested in Bitcoin.And the main reason for this is that Bitcoin investment is one of the safest investments for capital.But where investing in Bitcoin is safe, the rate of return is also low.On the other hand, investing in an altcoin cryptocurrency can be risky. but if that cryptocurrency or project succeeds, that altcoin can give you 20x or 50x profit and there are also altcoins that have given people hundreds of X profits.That's why many people take the risk and invest in altcoins because the rate of return is very high.If a good and solid project is chosen then investment in altcoin can be a great investment and here you will need less capital where  investing in bitcoin will require a lot of capital.

[ichsan ardi]

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?

Maybe my reason for buying Alt Coin is the same as you, to get a higher increase, for example, I bought Shiba and I get a profit of up to 200% more but it is necessary to remember that buying Altcoin is also at high risk than buying Bitcoin with low risk. I suggest that before buying you must research first and make sure you analyze the coins you want to buy.

[Mr.sprin]

I don't have enough capital to invest in bitcoin, so I invest in alcoin, one of my favorite alcoins is the ethereum coin and the bnb coin, these two coins I still hold, I plan that after I release alcoin, I will switch to investing in bitcoin.

[S3300]

Do your own research on new altcoins getting listed on Binance in this bear market, it was this same way that Polygon Matic came into the world, others like Axie infinity, Band protocol, Celer Network and Cartesi, new projects like Hooked Protocol and Safepal are still attractive and could being good returns soon. Altcoins is where the real money can be made.

[Slow death]

I don't have enough capital to invest in bitcoin so I invest in alcoin

well, currently the price of bitcoin is at $28000 and has a great chance of reaching $60,000 in the next few months, that would be a 2x profit for all the people who buy now, but it would also be a 3x profit for all the people who bought when the price was 20,000$ and the advantage of buying bitcoin and that they would not be taking high risks such as the owner of the coin appearing and saying something silly and the price dropping a lot. but if people buy a lot of altcoins that have been on the market for years and have good reputation then they can make 3x to 4x profits. I will give an example with litecoin, if people buy litecoin today for 80$ then the price of litecoin when it reaches 240$ people will have 3x profit, but they run the high risk of leaving with high losses in case the litecoin creator speaks something bad about litecoin and the altcoin price can drop a lot and generate high losses for investors

one of my favorite alcoins is the ethereum coin and the bnb coin, these two coins I still hold

ETH is a very good altcoin, but ETH's ATH is at 4800$ and its current price is at 1800$. so that 3x profit, I'm talking to people who bought at 1800$. the bnb is also in the same situation as the ETH in which its ATH was 690$, if you bought it at 330$ ( current bnb price ) then you will have a maximum profit of 2x in case the bnb reaches its old ath

I plan that after I release alcoin, I will switch to investing in bitcoin.

As I said before, investing in bitcoin is safer, although bitcoin does not give a greater profit than altcoins, bitcoin gives a high but safe profit, the person can invest more safely in bitcoin, I have no doubts about that. but altcoins are dangerous, altcoins have a very competitive market, every day there are new projects with better technologies which means that altcoins have to constantly innovate to compete in the market, and with that nothing guarantees a price increase, for example until about 3 years ago many altcoins had ATH that not even in a few years will reach that same ath again

[cryptoknightt]

maybe the reason people prefer altcoins over bitcoin is that altcoins can go up to hundreds of percent compared to bitcoin maybe the risk of altcoins is very high compared to bitcoin which has a very low risk but altcoins can go up very drastically for example doge coin and other coins.

[lobo13hf]

maybe the reason people prefer altcoins over bitcoin is that altcoins can go up to hundreds of percent compared to bitcoin maybe the risk of altcoins is very high compared to bitcoin which has a very low risk but altcoins can go up very drastically for example doge coin and other coins.

that's always the primary reason, it's better for short term investment but the downsides it's also carries risk of making you lose all your money instantly.
it's definitely suited for those seeking volatility for speculation.

[|MINER|]

I don't have enough capital to invest in bitcoin, so I invest in alcoin, one of my favorite alcoins is the ethereum coin and the bnb coin, these two coins I still hold, I plan that after I release alcoin, I will switch to investing in bitcoin.

Your cause is One of the reasons for people using alt-coins.  I used to do that when there was a small amount। Of investment fund. Moreover, I think many people invest in alt-coin because of greed. But I think all smart people invest in Bitcoin. Currently I am only focusing on bitcoin for all of my investment because of it's securities after seeing this bear market and some incident.

[BobK71]

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?

When it comes to investing, there is no better investment than Bitcoin. But despite knowing this, the main reason we have an attraction towards altcoins because there is an attempt to earn large amounts with relatively little investment. But the risk is very high. Investing in bitcoins can lead to losses but after a certain period of time they definitely will get all time high but in alt coins there is no such possibility. However, even if the top coins are highly trusted, there is a risk of being scammed. An investor has to decide what he wants to do.

[Digital_Lord]

The reason behind the investment in altcoins is the same, all people are aware of the things that it provides high return but forget about the things that altcoins have no surety sometime altcoins fails to give you profit therefore it is to be noted that bitcoin also provides you higher return and through investment in Bitcoin you will have no fear about its dying. So whenever bitcoin become dump there is a hope that one day it will increase in worth and your money will recover once more but in the case of other altcoins we have no such surety. So people interested in altcoins because of its huge return but actually they prefer higher return and ignore about its risk.

[errorcode99]

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?

Altcoin investing is mostly due to the high volatility that may occur and the fact that one can buy large amounts for small amounts. That wouldn't be possible with Bitcoin as the numbers are already on the high side and it would be difficult to buy a large amount as the value is much higher than most altcoins.

[|MINER|]

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?

Altcoin investing is mostly due to the high volatility that may occur and the fact that one can buy large amounts for small amounts. That wouldn't be possible with Bitcoin as the numbers are already on the high side and it would be difficult to buy a large amount as the value is much higher than most altcoins.

Alt coin investment is also done for short time trading if you have less funds. Moreover, many meme coin hunters invest here. However, most of the scamming, crashing and other unwanted events are done through alt coins.  So people always avoid investment in altcoin because of the fear of losing their funds and choose Bitcoin for a safe investment.

[SirLancelot]

When it comes to investing, there is no better investment than Bitcoin. But despite knowing this, the main reason we have an attraction towards altcoins because there is an attempt to earn large amounts with relatively little investment. But the risk is very high. Investing in bitcoins can lead to losses but after a certain period of time they definitely will get all time high but in alt coins there is no such possibility. However, even if the top coins are highly trusted, there is a risk of being scammed. An investor has to decide what he wants to do.

If you invest small the risk will also be small but if you keep on doing the same thing and all you will get are mostly failures, the losses can still add up and looks huge if you total them all. If only those money are being put in Bitcoin that should already gave us a good income. Those altcoin risk takers needs to realize this and they must switch on Bitcoin now if they don't want to waste time and money.

A Bitcoin investor can only lose if they don't equipped their selves with knowledge. All time high doesn't only happen in Bitcoin but it's also possible in altcoin, most especially if that altcoin is legit. Top alts can collapse and some turned into a scam but I think the probability is low. This is still part of the risk when investing.

[alik111]

There are many altcoins which have a strong fundamental and they are Ethereum, Litecoin and many more. These coins are doing good in the market and that's why people are interested in altcoins but we should choose top altcoins and avoid memecoins, newly launched altcoins. Though some memecoins doing good but not all are good to invest.

[awik p]

When it comes to investing, there is no better investment than Bitcoin. But despite knowing this, the main reason we have an attraction towards altcoins because there is an attempt to earn large amounts with relatively little investment. But the risk is very high. Investing in bitcoins can lead to losses but after a certain period of time they definitely will get all time high but in alt coins there is no such possibility. However, even if the top coins are highly trusted, there is a risk of being scammed. An investor has to decide what he wants to do.

If you invest small the risk will also be small but if you keep on doing the same thing and all you will get are mostly failures, the losses can still add up and looks huge if you total them all. If only those money are being put in Bitcoin that should already gave us a good income. Those altcoin risk takers needs to realize this and they must switch on Bitcoin now if they don't want to waste time and money.

A Bitcoin investor can only lose if they don't equipped their selves with knowledge. All time high doesn't only happen in Bitcoin but it's also possible in altcoin, most especially if that altcoin is legit. Top alts can collapse and some turned into a scam but I think the probability is low. This is still part of the risk when investing.

bitcoin is indeed the best for investing, if we have large funds of course bitcoin is the main choice for investing, but for those who have small funds and not enough for diversification, while wanting big profits, I think altcoins are the choice to maximize profits. sometimes many speculators choose new projects to invest in, even though they lead to gambling, but many people buy them, as long as they have good knowledge, I don't think it's too dangerous to invest in cryptocurrency

[Ketesnuko]

Altcoins are where the real gains are been made, a 50$ can fetch you over 5,000$, and 1000$ in the right altcoin can fech you over 70,000$ easily, so there is no way people won't have more interest in altcoins to maximize their gains, many altcoins are a bad investment but you need to research to find the right projects with right fundamental and potential.