why people are always interested in altcoins

[Wahyuihib]

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 reason I bought an altcoin, of course, is very simple mate, that is, I want to make a profit.  I like to follow price developments, so that way, I can know the right time, when to buy and when to sell

[Nazmul012]

similar thought as yours op. Bitcoin is unbeatable but it need to gain a large marketcap to increase it value twice where altcoins can easily manipulated, hyped and could pump 10x within a day! So to grab more profit, public are ready to give most priority to altcoins investment but high gain indicates High risk.there's no guaranteed profit at all even very possible to get scammed overnight.

[Tahid12]

Yeah same reason as yours op. Why shouldn’t People show their interest with altcoins when altcoins creates highly profitable opportunity for them? Your biggest investment btc, that's fine and altcoins price always depend on bitcoin price.you have to believe that, a altcoins can pump a lot than bitcoin, within same time! Thats why people hold altcoins along with bitcoin! Risk is everywhere, no risk no gain op.

[QueenVera]

similar thought as yours op. Bitcoin is unbeatable but it need to gain a large marketcap to increase it value twice where altcoins can easily manipulated, hyped and could pump 10x within a day! So to grab more profit, public are ready to give most priority to altcoins investment but high gain indicates High risk.there's no guaranteed profit at all even very possible to get scammed overnight.

Altcoins are riskier and riskier investment means more possibilities of higher returns, bitcoin is an old investment while altcoins are new investment that's still hot and investors will be interested more in them. Bitcoin doesn't do any promotion but altcoins investors are always promoting their project and this mean more people will get to know about the altcoins and invest in them.
Where there's more investors that's where there'll be more profits. Altcoins are of different varieties and this means you can invest in any sector that you like. You can decide to invest in memecoin, metaverse, defi, AI etc. There are different options of investment with altcoins and that's why people like to invest in altcoins as their investment isn't limited to just one coin when investing in altcoins.
Another reason people are interested in altcoins is because when you make profits you can sell altcoins easily but if you sell your bitcoin, you're losing long term because Bitcoin will always increase in the future but altcoins can die after this current bull market because some altcoins will collapse during the bear market as they don't have enough money to pull through the bear market.

[rojan]

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.

Taking risk is more likely to make profit but it is not always right to take risk. There are times when taking high risk means losing money. This time we have to trade carefully. If we make a wrong decision our money will be at risk. Risk by investing in some good coins.  Chances of profit are high if you take it. I have seen some people who invest in wrong coins and lose their money. Later they get very worried.

[Oneandpure]

People always want to earn money on altcoins. The opportunity to earn more money attract a lot of people to altcoins. But not all the people earn money a lot of them lost thier money on investments on altcoins.

Altcoin more profitable than Bitcoin for trader have limit fund budget for trading or investing, altcoin price up and down drastically more than 10% until 30% in daily day of few week only. But we can't earn huge profit or bitcoin price change drastically because stable and few percent only for bitcoin up and down. Actually beside altcoin possibility pump drastically than bitcoin has negative side with altcoin get possibility drop drastically and difficult return back to higher price.

Have been impact for altcoin trader with high risk and getting high return when trading or investing in altcoin than priority for investing in Bitcoin. For bigger investor seems worth when investing in bitcoin because few percent change price they can earn much profit than for small budget for trader and interested with altcoin.

[JeffBrad12]

Yeah same reason as yours op. Why shouldn’t People show their interest with altcoins when altcoins creates highly profitable opportunity for them? Your biggest investment btc, that's fine and altcoins price always depend on bitcoin price.you have to believe that, a altcoins can pump a lot than bitcoin, within same time! Thats why people hold altcoins along with bitcoin! Risk is everywhere, no risk no gain op.

People always want to earn money on altcoins. The opportunity to earn more money attract a lot of people to altcoins. But not all the people earn money a lot of them lost thier money on investments on altcoins.

basically people are seeking volatility, and thats fair enough since with altcoins and its massive volatility they could easily get massive return even though they only have small capitals to begin with.
I think the fact that people could just invest $1 and turn it into thousand dollars with altcoin is what makes many interested.
they think the risk outweight the reward and thus they just simply wanna try it out, just in case if they are lucky enough to make it big.
it seemed most of the altcoins investors out there, are always eager to try investing in new things.

[Biznesmen]

and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

I think the simple reason for all the investments in altcoins has the same goal and nuance to find big profits with minimal funding. Bitcoin is no exception, but between a small and risky investment fund compared to a large investment fund with little risk. It is a choice or launch portfolio in the right way.

Large profits in a short amount of time with a small investment. People are obsessed with making lots of money quickly, which is why we have altcoin. It takes time to make money since, as we all know, Bitcoin has been the best option for a very long time. Even some stable alternative coins require time to turn a profit. However, many other coins are also quite good at profitable short-term trading. People can easily make money through short-term trading because it is not a risk, and many do. The risk is significant, but the reward is equally as impressive. As a result, people are drawn to altcoins.

[TakeItEasy]

For me altcoins plays an important role in trading ,  which gives me a lot of profit from the previous two years. And also it offers traders some beneficial aspects,  the way altcoins is behaving now is quite amazing,  as I can say,  it is on trending. I have also selected some better altcoins,  I had invested previously.

1. Eth
2. Bnb
3. Sol
4. Dot
5. Ada

These 5 are still my best altcoin in my trading story,  through which i got a better profit throughout the two years ,  and still I'm holding some of them for future benefits. As I can say,  eth is my favourite one between these,  that's why I put it on the top of the list.

[Dr.Osh]

For me altcoins plays an important role in trading ,  which gives me a lot of profit from the previous two years. And also it offers traders some beneficial aspects,  the way altcoins is behaving now is quite amazing,  as I can say,  it is on trending. I have also selected some better altcoins,  I had invested previously.

1. Eth
2. Bnb
3. Sol
4. Dot
5. Ada

These 5 are still my best altcoin in my trading story,  through which i got a better profit throughout the two years ,  and still I'm holding some of them for future benefits. As I can say,  eth is my favourite one between these,  that's why I put it on the top of the list.

Yes, above all, the most frequently used reason why people today still choose altcoins as their assets, is because altcoins still provide a lot of profit. Personally, I also choose altcoins because I want big profits from them. However, the altcoins that are always my favorite are the popular altcoins, especially ETH, and BNB. Of all the altcoins, these two have given me the most profit, and are probably easier to analyze than other altcoins.

[Ben Barubal]

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?

     Like you, I do the same, because the chances are also high that when you invest in altcoins and you have time for them to accumulate suddenly in the market, you can suddenly make a lot of money from them. But the risk that you can face is really high compared to Bitcoin, to be honest.

     Then I seem to remember and I read this past 2017 that many people got rich in cryptocurrency during those times because of the altcoins campaigns here in the forum. Because of the altcoins at this time, when they pumped, it was also pure. That's why it was too much for the earnings of those investors in altcoins projects.

[Jonyshake71]

Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc. Even altcoins coin manay variable. Some altcoins may risky but potential altcoins also available to ensure your income. pump and dump is natural here but if you can choice good altcoins at perfect time, then it could be huge. That's force people to increase their interest altcoins

[vs2014]

Right one reason everyone invests to get profit and also investment is essential to expand the business and become more profitable. Altcoins are a way where you can invest and get good profit but the risk is high because not all tokens will give you profit. Moreover if you buy good tokens your risk perception will be less. But to get big profit you need to buy lots of tokens as your capital is high. Moreover btc, eth, bnb, ada, xrp, arb are the best currencies if you want to invest for long term.

[Bitstar_coin]

With alts you can hit a jackpot very easy and quickly with a minimal amount unlike btc that you need a considerable sum in order to maximize your profit. Alts is high risk high reward kinda thing and most investors seems to prefer it than waiting years for their small investment on btc to become something meaningful. As long as you take into account the risk involved.

[rhomelmabini]

With alts you can hit a jackpot very easy and quickly with a minimal amount unlike btc that you need a considerable sum in order to maximize your profit. Alts is high risk high reward kinda thing and most investors seems to prefer it than waiting years for their small investment on btc to become something meaningful. As long as you take into account the risk involved.

If it's the right altcoins you picked. The thing is, experienced investors just pick altcoins when there's a shift in trend and then they use that to increase their Bitcoin holdings at the end because in the end Bitcoin will be the store of value. Indeed it is high R/R but as I've said pick the altcoins you want, research it more and that's the luck.

[DaNNy001]

Yeah same reason as yours op. Why shouldn’t People show their interest with altcoins when altcoins creates highly profitable opportunity for them? Your biggest investment btc, that's fine and altcoins price always depend on bitcoin price.you have to believe that, a altcoins can pump a lot than bitcoin, within same time! Thats why people hold altcoins along with bitcoin! Risk is everywhere, no risk no gain op.

No risk, No gain I suppose, alot of person are aware of the risk that altcoins pose and are willing to take it even so because if you ask me altcoins are good profit givers especially in the bull season when they have started following the uptrend pattern of Bitcoin. That period is when most  traders like gathering profits from the market especially from the good altcoins. But not the fact some altcoins do dumb so fast as they do tend to start pumping.

[Mate2237]

Everyone has their own reasons of buying altcoins and many are afraid to buy altcoins not because of their price or the volatile of the coins but for the fear that the project will not last long, since the project is a centralized system, it is control by someone and government can intervene and stop the project at any time so with fear many distance themselves from altcoins and focus on decentralized coins like bitcoin. And I think that is one of the reasons or the risk involved in altcoins.

And I as said, if I am to invest, I will do that with ElonCoin. And if alternatively it will be Ethereum.

[nimogsm]

Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc. Even altcoins coin manay variable. Some altcoins may risky but potential altcoins also available to ensure your income. pump and dump is natural here but if you can choice good altcoins at perfect time, then it could be huge. That's force people to increase their interest altcoins

altcoins are also often chosen because they are often cheaper and very accessible. And yes, they can bring more profit if the market allows this, which is why many beginners first focus more on altcoins.

[Kelward]

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 reason why people are interested in buying altcoins Is the same reason why you are fascinated by them, high profit on a short term. There are many altcoins to choose from but very few has reputation that is close to bitcoin. You should be careful about the altcoin that you choose to invest in because most of them floats pump, gather momentum and fades, eventually dies with investors funds. The profit is high, so is the risks.

My advice is if you want to invest in altcoins, go for a reputable one that has stood the test of time like bitcoin, example is Ethereum. I won't take the chances at quick profit to risk my money on just any altcoin that looks promising, because from people's experiences, it's not a very good investment discussion.

[Bushdark]

similar thought as yours op. Bitcoin is unbeatable but it need to gain a large marketcap to increase it value twice where altcoins can easily manipulated, hyped and could pump 10x within a day! So to grab more profit, public are ready to give most priority to altcoins investment but high gain indicates High risk.there's no guaranteed profit at all even very possible to get scammed overnight.

Bitcoin is unbeatable but altcoins can be life changer if we finally invested our funds in a strong projects. Making money from altcoins can be very profitable if we know how to invest in good altcoins that can be as far as possible giving us a huge profits like 100x.

Many altcoins are hyped and mostly dumped so when we invest in them we should be ready to buy and take our profits without the plan to hold for a very long time. We are here to make profits whether little or big, we should not allow greed to make us to invest in altcoins leaving for a long time without taking our profits.