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Author Topic: why people are always interested in altcoins  (Read 4144 times)
woez
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July 08, 2023, 07:45:46 AM
 #381

Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.

Yes. they are born almost every day. with various missions and goals. but, if it's clear and fundamental and many of my partners leave this, you can add it to the portfolio. Yes. but previously there was a point as you said we don't forget to do research first and this is important. But for BTC, ETH and BNB I don't think it's needed. it's very clear.

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July 08, 2023, 08:09:12 AM
 #382

Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.
yes I know that and I also know how important it is to do research before investing. but as I said before if the high risk is also accompanied by big profits. therefore many people continue to invest in new altcoins even though the risks they accept are also large.
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July 08, 2023, 09:26:15 AM
 #383

Allot coin is an unforeseeable future. This coin can make you a big man in few days. Again it can make you a fakir in few hours. So it has more ricks. Many people use this method to become big man.

True, it's best to rely less on blind luck than on sound judgment. As you said. It is true that some altcoins can generate huge profits in a short time, but there are no guarantees although in practice there are still people willing to take high levels of risk in the hope of maximizing their profits if we look at every trading platform. BTC the best option.

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July 08, 2023, 12:22:07 PM
 #384

Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.
yes I know that and I also know how important it is to do research before investing. but as I said before if the high risk is also accompanied by big profits. therefore many people continue to invest in new altcoins even though the risks they accept are also large.

That blindness really kills those people who believes that with one good luck it will turn things, if they will manage to pick the new coin that will bring them a huge pump then they will earn a lot, though in the search time frame with the money that they already spent, most of the time, those new projects turn into scam or didn't materialize and unable to bring them the result that they expect.

Research and make sure that you are not doing this trading as same as gambling with luck, but doing it with passion and intention to make good outcome with the right project to support.

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July 08, 2023, 01:01:32 PM
 #385

My main reason is bitcoin will not give me another chance to make bunch of money. You need lots of fund to make money from bitcoin while you can do that even with small amounts of money through altcoins. These days people were massively seeking profit from investing their money into the altcoins. i think that you shall aware that if the fact that if these days altcoins can give you more than bitcoin. Even if you were not a part of early adopters and you can still make like a few hundreds percents in less than a month which is good.

and what is not possible in this crypto. what is certain is that if you have more and more money, if you can, all the coins/tokens listed on the trading platform that we have listed are all there. I used to be like that too. meaning that if one of them goes down someone helps the other coin, for example a small pump. It's also called investment, you have to plant a lot if you want to harvest a lot.

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July 08, 2023, 02:15:15 PM
 #386

Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.
yes I know that and I also know how important it is to do research before investing. but as I said before if the high risk is also accompanied by big profits. therefore many people continue to invest in new altcoins even though the risks they accept are also large.
Apart from the big risks, the big profits are also a consideration why many are still investing in new altcoins,
they also know that high risk also allows high returns,
It is clear that these risks have been carefully considered.

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July 09, 2023, 12:09:55 AM
 #387

High risk high return. That's what makes everyone willing to bet on altcoins. An altcoin can give up to 10 times the return in one year. BTC currently can only provide returns maybe around 10-50% in one year.

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July 09, 2023, 08:25:30 AM
 #388

Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.
yes I know that and I also know how important it is to do research before investing. but as I said before if the high risk is also accompanied by big profits. therefore many people continue to invest in new altcoins even though the risks they accept are also large.

That blindness really kills those people who believes that with one good luck it will turn things, if they will manage to pick the new coin that will bring them a huge pump then they will earn a lot, though in the search time frame with the money that they already spent, most of the time, those new projects turn into scam or didn't materialize and unable to bring them the result that they expect.

Research and make sure that you are not doing this trading as same as gambling with luck, but doing it with passion and intention to make good outcome with the right project to support.
Too many crypto community members invest in every new pump-and-dump scheme. Watching lemmings leap from a precipice is awful. Its sad how many of these dreamers fall for easy money.

I think trading shouldnt be like roulette, where your destiny depends on a spin. Research and a solid grasp of the project should underpin it. Its about building the future, not money.

Crypto trading requires assertiveness. It takes perseverance, patience, and fortitude. Support good ventures, acknowledge the dangers, and be committed to succeed. Its harsh love, but it'll provide long-term advantages.

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July 09, 2023, 02:58:25 PM
 #389

Altcoins offer high profit potential with little investment. Moreover altcoins fluctuate a lot, which allows investors to earn more profits in a shorter period of time. And during the bull market, the altcoin pumped a lot and the investor was able to get more profit. Investing in Bitcoin requires a large amount of investment but Altcoins can be traded with a small amount of investment. So investors are always interested in altcoins.

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July 09, 2023, 03:16:05 PM
 #390

Too many crypto community members invest in every new pump-and-dump scheme. Watching lemmings leap from a precipice is awful. Its sad how many of these dreamers fall for easy money.

I think trading shouldnt be like roulette, where your destiny depends on a spin. Research and a solid grasp of the project should underpin it. Its about building the future, not money.

Crypto trading requires assertiveness. It takes perseverance, patience, and fortitude. Support good ventures, acknowledge the dangers, and be committed to succeed. Its harsh love, but it'll provide long-term advantages.
I think that applies to investing but not so much on trading. You can make or lose money trading anything as all that matters is the volatility. Even If the market goes down you can just short it.

With trading shitcoins you can't just keep holding while you sweep because anything can happen while you take a nap.

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July 09, 2023, 10:39:27 PM
 #391

High risk high return. That's what makes everyone willing to bet on altcoins. An altcoin can give up to 10 times the return in one year. BTC currently can only provide returns maybe around 10-50% in one year.
and the time required for an investment is significantly lower if compared with bitcoin too, I think thats why many are eager to invest in it, because its just faster and more profitable but with a big if that is if they find good project because most of the altcoin just outright tanks but some are really good.

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WalkerIVIV
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July 09, 2023, 10:59:10 PM
 #392

it still comes down to different categories of altcoin usually having different kind of people interested, the meme coins ones are mostly some gamblers and speculators, meanwhile the altcoin that based or revolve around fundamental are those investors that are interested in holding it for long term. but the motivation is the same, because the return gained are massive.

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July 10, 2023, 07:03:38 AM
 #393

it still comes down to different categories of altcoin usually having different kind of people interested, the meme coins ones are mostly some gamblers and speculators, meanwhile the altcoin that based or revolve around fundamental are those investors that are interested in holding it for long term. but the motivation is the same, because the return gained are massive.

That kind of motivation drives them to invest in whatever kind of asset or project they will support. I see your point, and that's true. Most of the time, it depends on the type of investor they are willing to take the risk knowing that the chance of losing their money is possible. Though the big difference is the amount of time they invested in doing the research,

Those investors who are riding the quick-to-scheme wave most of the time support memes or pump-and-dump projects, while conservative traders most of the time support old and solid assets.

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July 10, 2023, 07:22:29 AM
 #394

Now many altcoins do not have any practical use and used only for speculations. During the promotion and the hype of altcoins many altcoins rise in price too much and many people want to earn money on it. But all speculations are very risky and many people lost money on such kind of play.

I think that it is necessary to invest money only in altcoins with good reputation and high capitalization.
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July 10, 2023, 09:20:33 AM
 #395

Altcoins allows to earn money. Many people want to try their luck and earn eazy money investing them in altcoins. But it is necessary to have any experience to evalutate the potential of the coin not to lose money, because the investing in the altcoins are very risky.
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July 21, 2023, 11:22:36 AM
 #396

People are attracted to altcoins because of their high profit potential, technological innovation, portfolio diversification and early investment opportunities. While there is potential for profit, altcoins also come with higher risks. Many altcoins have either failed or experienced extreme price volatility. Therefore, careful research and a good understanding of the altcoin of interest is important before making an investment.

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July 21, 2023, 05:29:42 PM
 #397

People are attracted to altcoins because of their high profit potential, technological innovation, portfolio diversification and early investment opportunities. While there is potential for profit, altcoins also come with higher risks. Many altcoins have either failed or experienced extreme price volatility. Therefore, careful research and a good understanding of the altcoin of interest is important before making an investment.
High profit potential will only get to those who enter at the beginning and those who are able to accept the risk. The new altcoins will be riskier and will even go with the rug. But when the altcoin is successful, there will be many benefits. Altcoins like this will only live early and then be abandoned, while the top altcoins are still quite safe, but do research to see how well they are developing.
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July 21, 2023, 09:25:55 PM
 #398

Altcoins allows to earn money. Many people want to try their luck and earn eazy money investing them in altcoins. But it is necessary to have any experience to evalutate the potential of the coin not to lose money, because the investing in the altcoins are very risky.
Every year there are many stories of traders who suddenly become rich as a result of having big profits from holding Altcoins which become hype and have thousands of percent increases or even more. But there are also many stories about traders who lost a lot of money from the losses suffered by holding altcoins. This is what makes Altcoins so attractive. It has high risk and also high return. But it is not recommended for beginners to play in altcoins because they have the potential to experience higher losses. Because the volatility in altcoins exceeds bitcoin. Sharp dips and rises always travel faster than Bitcoin. We have to be good at analyzing the market if we want to get more involved in Altcoin trading. I personally still can't really make a good analysis. So I don't really focus on altcoins. And prefer to stay focused on Bitcoin. I only get into altcoins once in a while.

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July 21, 2023, 09:38:57 PM
 #399

Altcoins allows to earn money. Many people want to try their luck and earn eazy money investing them in altcoins. But it is necessary to have any experience to evalutate the potential of the coin not to lose money, because the investing in the altcoins are very risky.
Every year there are many stories of traders who suddenly become rich as a result of having big profits from holding Altcoins which become hype and have thousands of percent increases or even more. But there are also many stories about traders who lost a lot of money from the losses suffered by holding altcoins. This is what makes Altcoins so attractive. It has high risk and also high return. But it is not recommended for beginners to play in altcoins because they have the potential to experience higher losses. Because the volatility in altcoins exceeds bitcoin. Sharp dips and rises always travel faster than Bitcoin. We have to be good at analyzing the market if we want to get more involved in Altcoin trading. I personally still can't really make a good analysis. So I don't really focus on altcoins. And prefer to stay focused on Bitcoin. I only get into altcoins once in a while.
Specially on meme coins on which this had been a trend now on which people are really that fan of engaging with meme coins and other some alts which they do really believe that it would really be having that pump.Its true that it is really that indeed risky but once you do able to get the right coin and it would really be having x1000 or more then for sure you would really be that getting that
huge money that you havent been able to get a hold off like before. This is why lots of people would really be risking out their funds on something like this despite of the high risks but still
there are people who are really that having fun or really having the behavior on taking up risks on something like this which i couldnt blame them. Who doesnt really like
or wants hit up x100 or 1000x or more? Although it would be turning out that it would be like gambling already on this kind of method or way.
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July 21, 2023, 09:49:17 PM
 #400

People are attracted to altcoins because of their high profit potential, technological innovation, portfolio diversification and early investment opportunities. While there is potential for profit, altcoins also come with higher risks. Many altcoins have either failed or experienced extreme price volatility. Therefore, careful research and a good understanding of the altcoin of interest is important before making an investment.
People still assume that the potential of new altcoins are the same as previously. But it is no longer the same as before, not many new altcoins that have good innovation, good developers, and can offer high profits. Now, most of new altcoins are just shitcoins, they are hype coins only. Sure, the new altcoins are very risky, many of them end up with scams or failed projects. I think we don't expect too much on new altcoins anymore.



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