why people are always interested in altcoins

[martinex]

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.

Indeed, altcoins always attract the attention of beginners and non-beginners. Yes, currently the dominant price of altcoins is cheap. Anyone is free to buy Altcoins but for me, choose those who really have a future because if they focus on coins/tokens it will last a long time and the hodlers will also enjoy (Profit and not waste money and time) at the end of the story from what the founders had previously discussed.

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[Sophokles]

In every bull run some altcoins outperform bitcoin and get so much media attention that new investors get amazed and greedy at the same time. There are so many altcoins that have shown such growth for a very short time that it seems they are going to flip bitcoin's position but these are just some manipulated markets that are set to trap investors. That is the reason these projects don't survive till the next bull run or lose their cause of interest.

[Kuntus]

People are interested in altcoins for various reasons. Some see them as potential investments with high returns, while others are drawn to the innovative technologies or features that certain altcoins offer. Additionally, the diverse range of altcoins allows investors to explore different blockchain projects and ecosystems beyond Bitcoin, seeking opportunities for growth and diversification in the cryptocurrency market.

[Rabata]

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.

Indeed, altcoins always attract the attention of beginners and non-beginners. Yes, currently the dominant price of altcoins is cheap. Anyone is free to buy Altcoins but for me, choose those who really have a future because if they focus on coins/tokens it will last a long time and the hodlers will also enjoy (Profit and not waste money and time) at the end of the story from what the founders had previously discussed.

High volatility is usually a priority when it comes to investing in altcoins. Investing in altcoins has a potential for quick and high profits. For those of us who want to invest in Bitcoin, we have to wait a long time with big investments to make profit. The amount of profit there will not be much if the price not multiplied. But it is different in case of altcoins. Many, if they are lucky and invest in a trending coin at the right time, can make multiple or more of their profits quickly. Here, as the amount of profit can be high, the risk can also increase to a large extent.

[mdzahed134]

If you wanna trade then of course you need to buy altcoins, it’s a main reason people buy it to make profits, yeah BTC is the best investment in terms of risk, altcoins is high risk beside high profitable, i was trade with so many coins as like ETH,BNB,SOL,MATIC and a lot others.

[Dr.Osh]

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.

Another reason is that altcoins tend to have very cheap prices for each coin, moreover, quite a lot of potential coins have cheap prices. The volatile level is also very high and fast, so people can quickly take advantage of the moment with small capital. I also use altcoins more often than bitcoin in trading. This is because I think that it is easier to hope for the assets we own from $100 to $200 with altcoins that have low prices, compared to coins that have high prices.

[Spaceman1000$]

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.

You have a point, in Bitcoin you need a good amount of investment before you start making good result, it's as well depending on the level of investment you put in, but for Altcoins since there are some that you can get at a very minimum rate, you can get as many as you can, then with the hope that after a while it will add value. so that at the end of the day you can make a good return in your investment.
But a lot of investors will still want to stick with bitcoin, because of its longevity and how it has stood the test of time, it's more like bitcoin is tested and trusted.

[deepblue01]

The risk is always linear with the return. Altcoins has a lot of potential to get higher return than bitcoin.
That why most people want to buy altcoins it's because of high return
And second bitcoin need altcoins to grow because bitcoin is just old blockchain network with very limited daily transaction per day

[cute nmp]

I don't know for all people but most of the one i have come across are only interested in buying altcoins caused of the profit they can make from it. People were  heavily into altcoins in my country during the last bullrun cause everything at that time turns out to be very profitable but as soon as the bear market kick in none of them are interested in buying or selling any altcoin again cause of the losses at that time, Only a few use it as an easier transaction of money across the globe and are still into it till now.

[JayTrain]

People are often interested in altcoins because they represent alternative cryptocurrencies to Bitcoin. Investors seek potential higher returns, diverse blockchain use cases, and innovative technologies associated with specific altcoins.Additionally, the allure of early adoption and the possibility of discovering the next breakthrough project motivates individuals to explore altcoins.

[oktana]

Profit! What else? Bitcoin has opened the route for altcoins and now there are many of them created on a daily basis, even as I write. When people see these new altcoins, they remember the story of Bitcoin, how it was undermined but it eventually kept growing from nothing to tens of thousands of dollars. It is no wonder I meet people who firmly advise me to buy an altcoin they just discovered because, for some reason, they think that it will be their own "Bitcoin" since they missed out. Today when people are advertising some new altcoins, they sometimes pitch the idea that it could blow up like Bitcoin.

[cryptoWODL]

I don't know for all people but most of the one i have come across are only interested in buying altcoins caused of the profit they can make from it. People were  heavily into altcoins in my country during the last bullrun cause everything at that time turns out to be very profitable but as soon as the bear market kick in none of them are interested in buying or selling any altcoin again cause of the losses at that time, Only a few use it as an easier transaction of money across the globe and are still into it till now.

Buying alt coins when the market starts a bull run earns good profits.When you see the bullrun in the market, everyone becomes interested in buying altcoins.Many people want to invest in alt coins but I don't want to invest in these coins at present.Those who want to earn more at Short time can invest alt coins.I see some of my friends got good by investing in alt coin for limited time but seeing them I was also investing in alt coins but it was opposite for me.There are many people whose preferred coins to invest in are various alt coins.I don't focus on alt coins to invest right now I just want to invest in Bitcoin.

[AnonBitCoiner]

People wants to buy altcoins more because they hope for higher gain and they think that may be this single altcoin can can their future. Altcoins possess the power to alter the fortune of holders because sometimes huge pump occurs and the holded altcoins move higher but sometimes the condition is totally different like an altcoins goes down forever.
Bitcoin can give you sure profit but altcoins are that asset which a person buy in worth of 10$ or 20$ and if the price goes up then there is a possibility that this mentioned percentage can be double of the invested amount and buyer will be in profit. Bitcoin is successful than altcoins but people think differently may be for them huge and quick return is only possible with altcoins therefore they usually buy altcoins.

[Bd officer]

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

Just as you can get quick profits by investing in altcoins, you can face losses if you invest in altcoins without understanding the market. Many have profited from investing in altcoins, while many have suffered losses. Those who can analyze the market well can earn good profits. I once invested in altcoins for a quick profit, but ended up losing. I prefer to invest in Bitcoin. But apart from investing in Bitcoin I have also invested some amount in Altcoins. Out of 100% I invested 10% in Altcoins and 90% in Bitcoin. Bitcoin is the best investment for me.

[batang_bitcoin]

First, they find Bitcoin as expensive already and that discourages them in investing on it. And the actual name of altcoins, is an alternative to Bitcoin and that's what they think suits them. Despite that many of the choices that they can get with it, that makes them more confident investing on it.

Out of 100% I invested 10% in Altcoins and 90% in Bitcoin. Bitcoin is the best investment for me.

People that likes to invest in altcoins should never forget to put to their stash and part of Bitcoin. But the mistake they do is they wholly get into the altcoins without investing back to Bitcoin. Yours is a good percentage mate.

[Samlucky O]

Actually most people are always interested in some altcoin is because of the profit they can make within the shortest period of time. In as much as bitcoin is the father of Crypto currency I think many people have took advantage of altcoins pump. If you are pretty lucky to hold an altcoin and it boom I think you can take the advantage of it and make alot of bucks. Who knows maybe you might use the profit made to invest on bitcoin. I think many people were lucky to hold altcoin till it changed there Life thats why people diversify there potfolio. Just like Hunter will set trap for animal to fall in.

[speeder]

Now people have become very interested in altcoins. Because many entrants into altcoins have managed to change their fortunes in a short period of time. In particular, there are ample opportunities to get into altcoins, even with a very small amount of money. With the opportunity to invest in altcoins with a small amount of money, now people are giving more importance to investing in altcoins with the hope of higher returns. But sometimes something different happens in altcoins where only investors are affected. There are some altcoin scam sites, it is never possible to profit by investing in those scam sites. To be self-sustainable by investing in altcoins, you need to choose a good side of altcoins or a legitimate project.

[Abiky]

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.

Altcoins are usually more profitable than Bitcoin because of their wild fluctuations in market price. New cryptocurrency projects usually implement experimental features not found on Bitcoin itself. Developers can put such features to the test without harming/affecting BTC in any way. Considering that BTC is open source, don't expect altcoins to disappear anytime soon. Even the first altcoin ever created (Namecoin) is still around with us. NMC may not be as popular as other coins, but its core Blockchain network is still alive and running.

The good thing about altcoins is that they reduce the burden on the main Bitcoin blockchain. More coins = less network load for BTC. Would you imagine Bitcoin being the only cryptocurrency in the world? It wouldn't be able to meet the demands of everyday people (due to being unable to scale to billions of people worldwide). Lets hope things stay the way they are right now for the sake of Bitcoin and Blockchain tech as a whole. Just my opinion

[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?

  That means there is still a real risk in Bitcoin, and that is the volatility that it has. That's why it is called a volatile asset. The only difference is that the volatility is higher in cryptocurrencies that are not in the top 30 in the market.

  Actually, even the others that are in the top 31–50 altcoins can still keep up with the Bitcoin rally; it really depends on the DYOR that each individual crypto enthusiast will do. They take risks because there are high chances that we can earn a lot if we choose the right crypto assets.

[deepblue01]

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?

  That means there is still a real risk in Bitcoin, and that is the volatility that it has. That's why it is called a volatile asset. The only difference is that the volatility is higher in cryptocurrencies that are not in the top 30 in the market.

  Actually, even the others that are in the top 31–50 altcoins can still keep up with the Bitcoin rally; it really depends on the DYOR that each individual crypto enthusiast will do. They take risks because there are high chances that we can earn a lot if we choose the right crypto assets.

Of course, a low-rank market cap means low liquidity. if we buy/sell some asset that has low liquidity, the price will get more volatile.
People will research different things and will buy different crypto but what makes them different is how they manage to gain more users and we can expect more profit when holding it