why people are always interested in altcoins

[n0ne]

People aren't interested into altcoins compared to bitcoin. Everyone have the thought of diversifying the investment than investing completely on bitcoin. This is the reason we were able to see good number of people into altcoins. Next thing about altcoin investment is the profitability. It used to give high ROI than bitcoin. However only the luckiest used to be successful whereas the majority fails. So, the risk is high and people who are much into cryptocurrency analyse and invests.

[TelolettOm]

one of the reasons is because sometimes new coins that enters the market do move well than even Bitcoin. If you have plenty of them and they spike, that means we are going to be earning more from the market. So many reasons why people refer holding altcoins than Bitcoin is altcoins can give you quick profits compared to Bitcoin.

It is true, there are some altcoins that can grow fast after they are launched in the market. But it rarely happens nowadays, most new altcoins ended with scam issues. That makes most people afraid to buy new altcoins, they assume too risky to invest in new altcoins. Even though there are a few people who invest in new altcoins, they rarely invest for the long term. For new altcoins, people prefer to invest for the short term. When new altcoins are just listed on an exchange and the price be pumped, all the holders instantly sell all the new altcoins.

[RiverBoy]

People are always interested in alt-coins, because after acquiring more information about the coins and the necessary things you need to know about the alt-coins, mostly trading volume and exchange the coin listed matter's and very interesting to invest as long coin has a strong communities.

[kevindjunaidi]

because only investing in altcoin can give you a profit of more than 10x from your capital, therefore there are still many people who believe to investing in altcoin, but if I personally prefer to invest in altcoin that are already in the top 100 on coinmarketcap (to minimize risk), because investing in altcoins has a big risk, so don't let us choose the wrong altcoin for us to invest.

[huu78]

it is undeniable that altcoins can provide many benefits in a short time, especially if they see a new project and it is backed up by a large venture like binance, then everyone will buy tokens from the project and get profits quickly, for example space id which is a new listing on binance This.

[@sriyan]

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?

All the people like to get profits more quickly. That is why altcoins are more popular. But when it comes to the long run, it is not like that.  Most of the altcoins(99%) will die.  I am buying the bitcoins for the long run.

[bitcoin-shark]

People are interested in altcoins for various reasons. Altcoins are generally considered to be more stable than Bitcoin, making them a great investment option. Altcoins are also designed to improve upon perceived shortcomings of Bitcoin, which can make them more attractive to investors. Additionally, altcoins have the potential to provide massive returns on investments for early investors. However, altcoins have a smaller investment market compared to Bitcoin, and their value is often tied to Bitcoin. Investors can choose from a wide variety of altcoins that perform different functions in the crypto economy. Overall, people are interested in altcoins because they offer a range of investment opportunities and have the potential for high returns.

[RussianEnglishTranslation]

Say this in the wrong forum group here and you will get banned but Bitcoin already had a 100k x and you are lucky if you can get a 3x in the next 4 years. It is much easier to get a 100x by investing in altcoins, but also just as easy to lose your money if you don't DYOR. Some projects that I am interested in are SIMPSAI, Lamina1, Q Blockchain, 0xMR, Vitalik ETH...

[cute nmp]

People are interested in altcoins because there are very profitable especially if you know how to pick the best projects.Have made lots by investing in altcoins over the last year's.Not all altcoins brings in such profits all the time but most do atimes. overall there can be a very good investment.

[gurunanakji777]

There is no rocket science involved in it, as people are mostly interested in Altcoins because they are comparatively cheaper than Bitcoin and have a higher chance of return on investment. However, not all Altcoins perform well, only a few of them give good returns. To make a profitable investment, one needs to analyze and choose good coins carefully. Otherwise, Bitcoin is the safest option if we talk about the safest coin.

[woez]

Most people think altcoins will give them a big income than mager coins. If its a good,impressive project the investors will involve. In this case altcoin holders gain a good income as they expect.

one of the reasons is because sometimes new coins that enters the market do move well than even Bitcoin. If you have plenty of them and they spike, that means we are going to be earning more from the market. So many reasons why people refer holding altcoins than Bitcoin is altcoins can give you quick profits compared to Bitcoin.

Yes, it is true that altcoins can offer higher returns than Bitcoin, especially if they are new and have strong potential. However, it is important to remember that with higher rewards come higher risks. Investing in altcoins requires a lot of research and due diligence, as many projects fail to live up to their promises. My opinion may seem general that it is important to diversify your portfolio and not put all your eggs in one basket, whether it's Bitcoin or altcoins.

[Magic-Money]

The reason why most people invest in alt-coins is because the percentage return of investment is very high, when you invest in a right coin, and also has a Big risk from dumpster. But Bitcoin has a rest of mind and is a gradual process of the price appreciative while having patient and set a target when to sell.

[Abiky]

There is no rocket science involved in it, as people are mostly interested in Altcoins because they are comparatively cheaper than Bitcoin and have a higher chance of return on investment. However, not all Altcoins perform well, only a few of them give good returns. To make a profitable investment, one needs to analyze and choose good coins carefully. Otherwise, Bitcoin is the safest option if we talk about the safest coin.

Besides being cheaper than Bitcoin, altcoins bring new features not found on the original BTC blockchain itself. People want to try out new and exciting things, so they choose altcoins as their "playground". Scammers know how much people love altcoins, so they deceive them in every way possible to steal a lot of money in return. The vast majority of altcoins are centralized, meaning they're highly-susceptible against external attacks and/or manipulation.

To thread safely, I'd suggest you put a large portion of your investment into BTC, while leaving the rest on a select number of prominent altcoins on the market. Once BTC "explodes" in price, you'll be able to gain some decent profit from your altcoin holdings. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Just my thoughts

[Fesatmas]

People aren't interested into altcoins compared to bitcoin. Everyone have the thought of diversifying the investment than investing completely on bitcoin. This is the reason we were able to see good number of people into altcoins. Next thing about altcoin investment is the profitability. It used to give high ROI than bitcoin. However only the luckiest used to be successful whereas the majority fails. So, the risk is high and people who are much into cryptocurrency analyse and invests.

Apart from being profitable, because ALtcoins are so cheap that most people can afford them, and it seems that they are betting on ALtcoins to get more profit than what they expected, but yes, as you said, the risk of losing Altcoins is completely.
Meanwhile, the bitcoin price offered is too expensive which affects people investing in bitcoin, just like I have $ 1000, if I buy bitcoin I will get bitcoin in decimal, whereas if I buy altcoins I will get more in my wallet.

because only investing in altcoin can give you a profit of more than 10x from your capital, therefore there are still many people who believe to investing in altcoin, but if I personally prefer to invest in altcoin that are already in the top 100 on coinmarketcap (to minimize risk), because investing in altcoins has a big risk, so don't let us choose the wrong altcoin for us to invest.

So what I see everyone says that it refers to the object of profitability that he will get if the altcoin they hold is hype or has updates that make the coin bullish, so the hope of x10 can be achieved with altcoins.

[Victorik]

I believe people buy altcoins just for the same reason as you. For someone with about 100$ to invest, it will make more sense to invest in altcoins for more profit. BTC is for those with deep pockets.

[JeffBrad12]

The reason why most people invest in alt-coins is because the percentage return of investment is very high, when you invest in a right coin, and also has a Big risk from dumpster. But Bitcoin has a rest of mind and is a gradual process of the price appreciative while having patient and set a target when to sell.

that's right but it's also caused by the fact that it rather requires low capital to invest relatively different if compared with bitcoin and even ethereum where if you just invest something little not more than $50 even the increase of value will have somewhat small effect on your investment overall, altcoin are just right for starting out with the rather smaller capital and build your way there.
so it's only normal that so many people out there are interested in investing in an altcoins, just see that even with smaller capital you could make some really massive returns in which rarely happens with those bigger market capital coins let alone bitcoin but of course there's also underlying risk of losing the investment which is considered fine by most since it's small capital which we are talking about.

[BRINIRHA]

The hype for altcoins has actually grown the crypto community itself. Be it towards Bitcoin investors or only on Altcoins. and usually what brings the hype is from new altcoin projects that have good fundamentals. As we currently see the hype against L-1 altcoins like Sui Network. and it looks like this project will soon launch its mainnet. And many people are interested in this altcoin because they see that the companies that are investors behind this project are big companies. And what makes people interested in altcoins is because altcoins have high upside potential when new projects are launched. But of course the risk is very big. but I think people are also aware of this risk.

[barhavsky]

because only by investing in altcoin you can get rich quickly, even though the risks are very big too, therefore if you want to invest in altcoin, then you better really do your research first and of course never be greedy, so if you are already get profit, then I suggest selling 50-70% and the rest you can hold until the price increases very high.

[Mr.sprin]

because only by investing in altcoin you can get rich quickly, even though the risks are very big too, therefore if you want to invest in altcoin, then you better really do your research first and of course never be greedy, so if you are already get profit, then I suggest selling 50-70% and the rest you can hold until the price increases very high.

I think you are overdoing it when you study alcoins so you can assume investing in alcoins can get rich, it's not that easy there are lots of things to learn starting from alcoins, the market and keeping up with the latest news, so I can conclude it's not that easy to get rich in many things What to study before you jump to conclusions.

[Cornia]

During every bullrun, there is a huge pump of some altcoin like the huge growth of BNB coin during the last bullrun. Besides, some memecoins like Doge, SHIBA have been pumped up to 100x. So everyone likes to invest in altcoins. Because huge amount of return is available from here.