Why are investors so sceptical about Altcoins?

[shinratensei_]

the nature of altcoin it self is what makes many so skeptical about it, many altcoins are actually gonna be failing really hard, only very few might retains its current value and the other will just vanish into thin air, of course being skeptical is normal here, otherwise everyone would be losing their money.
after all, such high risk investment which of course in turn also brings massive profits always require tremendous amount of efforts and frequently mentally exhausting but if it what it takes to turn your $100 into some $100,000 then I guess many would still gonna try it anyway.

[DaleyEdster]

Its because most of altcoins (hundreds of them) are really exactly filled with uncertainties. Whenever I look through websites of new altcoins I can find dozens of red flags. Coin distribution maths are generally very bad and sometimes look intentional so developers can get rich over investors. Sometimes whitepaper are very messy and amateurish. Only top 10-20 maybe 30 altcoins feel safe to invest.

yes, you are right, because many altcoin that have sprung up at this time just want to steal investors money (although not all of them), but we must still be careful if we want to invest in altcoin, because if we choose the wrong altcoin then of course our money will be lost, but if we choose the right altcoin, then of course our money will increase very much (get a lot of profit).

Just look at altcoin's name itself and what it suggests, it means that these coins under the name altcoin are just an alternative of bitcoin.

That alone we can differentiate why investors are highly skeptical about altcoins compared to bitcoin. Of course, volatility is always there but the certainty that the selected coins will prosper is much lower in this bracket and as you guys have said, many coins nowadays that has almost no utility at all are existing in the market which again bring uncertainty to the investors. And that brings us back to the basic, we needed to have a thorough research and study if we're indeed looking forward in investing altcoins.

It's a bit unfair to say that the term 'altcoin' means that all coins are inferior to BTC. I mean who even invented the phrase? Why can't someone re-label them 'superiorcoins'? Does that automatically make BTC worse?

[Abiky]

Just look at altcoin's name itself and what it suggests, it means that these coins under the name altcoin are just an alternative of bitcoin.

That alone we can differentiate why investors are highly skeptical about altcoins compared to bitcoin. Of course, volatility is always there but the certainty that the selected coins will prosper is much lower in this bracket and as you guys have said, many coins nowadays that has almost no utility at all are existing in the market which again bring uncertainty to the investors. And that brings us back to the basic, we needed to have a thorough research and study if we're indeed looking forward in investing altcoins.

Altcoins are not as proven and tested as Bitcoin is. They're simply experimental grounds for the #1 cryptocurrency in the world (which is BTC). Investors know this, so they put most of their money into BTC instead of alts. Still, that doesn't mean it's the end of the line for alternate coins. They can be a highly-profitable investment if you know how to play your cards right. Just diversify your investment and nothing should go wrong.

With many altcoins bringing passive income opportunities (ETH, BNB, among others), who'd want to miss the opportunity of a lifetime to become filthy rich? Ultimately, what matters is decentralization and censorship-resistance. As long as this is preserved, there should be nothing to worry about. Just my thoughts

[gurunanakji777]

Relying on others for investment advice may not be wise, as they often suggest buying what they personally hold. Therefore, it is crucial to have knowledge about the crypto market before making any investment decisions. The crypto market is known for its volatility, and while most people are aware of the risks involved, some traders and investors are tempted by others' earnings and blindly follow individuals who post screenshots of significant profits. Such individuals can make money easily by providing signals. Have confidence in your own analysis, as ultimately you are the one who will make the correct decision when it comes to your hard-earned money.

[ammo121810]

I am not an altcoin fan but lately, I have spent some time on the alternative cryptocurrency board and I have seen a lot of topics bordering around whether or not to buy some coins and this makes me wonder why altcoins investors are full of uncertainty and always wanting to know the opinion of others before they invest.

Is there any other reason for this other that the high risk and high volatility of altcoins compared to bitcoin?

Are they asking because they know there are special skills in altcoin analyses or some people are good at picking g g the right coin to invest in?

Investors are sceptical about Altcoins is because of the high volatility risk involve in investing in it. During the hype majority of the altcoins offer investors an opportunity to earn with high rate of returns which is a very good strategy to attract the investors to invest. But since most of us here now do not just grab this opportunities we rather evaluate and study first if it is worth it to invest in a particular altcoin. There are a lot of altcoins became successful during hype but ended up just a scam. An altcoin can be successful it depends on the developer for its continuous development and its investors who keeps on supporting the project. 

[BobK71]

The collapse of some of the projects that once held the highest levels of trust in the crypto world has led to investor backlash towards alt coins. Besides, every time the price of altcoin increases in Bull run, but when it is going to bearish, the price decreases up to 99 percent, so investors have to face a big loss. However, some investors invest in altcoins in the hope of higher returns, which can put them at great risk. Moreover, scammers create various types of fake projects where the investment never returns. Scammers walk away with investors' money.

[|MINER|]

Investors are sceptical about Altcoins is because of the high volatility risk involve in investing in it. During the hype majority of the altcoins offer investors an opportunity to earn with high rate of returns which is a very good strategy to attract the investors to invest. But since most of us here now do not just grab this opportunities we rather evaluate and study first if it is worth it to invest in a particular altcoin. There are a lot of altcoins became successful during hype but ended up just a scam. An altcoin can be successful it depends on the developer for its continuous development and its investors who keeps on supporting the project. 

It is true that and alt-coin project can be also successful by their hardworking but most of the case in today the amount of scams and fraud projects is more than the authentic and real projects. In the past 2022 I would think that the alt-coin market has become worse, the failure of major projects and the scamming and crashes have put most traders and investors off the alt-coin projects. On the other hand, the confidence of traders and investors in the secureness of Bitcoin has increased, thus making investors distrustful of alt-coin investments.

[kapalmabur]

Investors are sceptical about Altcoins is because of the high volatility risk involve in investing in it. During the hype majority of the altcoins offer investors an opportunity to earn with high rate of returns which is a very good strategy to attract the investors to invest. But since most of us here now do not just grab this opportunities we rather evaluate and study first if it is worth it to invest in a particular altcoin. There are a lot of altcoins became successful during hype but ended up just a scam. An altcoin can be successful it depends on the developer for its continuous development and its investors who keeps on supporting the project. 

It is true that and alt-coin project can be also successful by their hardworking but most of the case in today the amount of scams and fraud projects is more than the authentic and real projects. In the past 2022 I would think that the alt-coin market has become worse, the failure of major projects and the scamming and crashes have put most traders and investors off the alt-coin projects. On the other hand, the confidence of traders and investors in the secureness of Bitcoin has increased, thus making investors distrustful of alt-coin investments.

It's a shame, of course, that investor confidence in altcoin investments is dwindling,
it's not easy either for sure to get their trust back as before and that is the consequence,
but anyway for me the altcoin project is still an interesting thing.

[Huppercase]

You need to choose between thousand of coins out there unlike Bitcoin which is just the only one. Even then you have made your picks before, you need to analyse first with your preferred indicators and strategies so you don't make any flops.

It's not that easy to choose which coins to choose and when to invest. That's why so many thread in here covering about this type of topic.

Investors fear of altcoins is not solely related to the supply of coins. Rather, it is often due to the lack of commitment from projects and their teams. In the begining, the ideas presented in the whitepaper may be impressive, but once the project tokens and coins are launched on an exchange, progress and commitments tend to decrease. This is when disagreements and team members wanting to leave the project become more common, and instances of hacks, liquidity rug pulls, and sell pressure from the team selling their vested tokens or foundation tokens without adhering to the initial unlocking agreement can occur.

[Cadaver20]

Investors are skeptical about altcoins because some altcoins may crash anytime. For example, after the Luna crash, this suspicion increased. So now one does a lot of vetting before investing in any coin. On the other hand, there is no need to worry about investing in Bitcoin. Still, people invest in altcoins because some coins offer high returns.

[smile1218]

Investors are skeptical about alternative crypto currencies is because alternative crypto currencies are highly volatile and can experience significant fluctuations in value. This can make them risky investment. Alternative crypto currencies are not supported by the government of which can make them susceptible to fraud or in short it can be scammed. But still if the investor is a risk taker they would invest even if there is no assurance that their investment would gain profit.

[Inspiron14]

investors are skeptical of altcoins because when bearish altcoins really show their true nature,
yes altcoins drop to -90% and some even -99%, you know how SRM, FTT, SOLANA, LUNA and many others experience this,
this is why I also very skeptical of altcoins even big investors nowadays are also very careful.

[abel1337]

investors are skeptical of altcoins because when bearish altcoins really show their true nature,
yes altcoins drop to -90% and some even -99%, you know how SRM, FTT, SOLANA, LUNA and many others experience this,
this is why I also very skeptical of altcoins even big investors nowadays are also very careful.

This only happened when the investor bought the certain altcoin on the peak price or in short, The bull market. There are a lot of new coins born during the bull market and I personally don't find it worth to hold since we all know that most of those coins will drop their value if they hit the bear market. Investing during the bear market is different because the peak market cycle price haven't materialized yet or there is a great potential of the price getting very high. This is why successful investors are buying on a winter market and selling during the bull market and the cycle will repeat itself.

[fzkto]

investors are skeptical of altcoins because when bearish altcoins really show their true nature,
yes altcoins drop to -90% and some even -99%, you know how SRM, FTT, SOLANA, LUNA and many others experience this,
this is why I also very skeptical of altcoins even big investors nowadays are also very careful.

This only happened when the investor bought the certain altcoin on the peak price or in short, The bull market. There are a lot of new coins born during the bull market and I personally don't find it worth to hold since we all know that most of those coins will drop their value if they hit the bear market. Investing during the bear market is different because the peak market cycle price haven't materialized yet or there is a great potential of the price getting very high. This is why successful investors are buying on a winter market and selling during the bull market and the cycle will repeat itself.

But even successful traders don't know where and when the bear season will end. Let's say after the LUNA crash happened many thought it might be the last bad thing to happen. But then the FTX collapse happened. After that there was another collapse on the market. Now we also don't know what the future holds. So buying altcoins is mostly a casino. Some will get lucky, some will lose money. Look at the funds that went bankrupt. I don't think they were losers.

[Victorik]

That's because there are a lots of pump and dump token. And I am sure that's why people are very skeptical when it comes to investing their hard earn money on altcoins. So, they tend to ask a lot of questions and search more about certain altcoins before committing their money.
And despite the numerous background checks, it is still difficult to tell a scam from a real project these days.

[bettercrypto]

the nature of altcoin it self is what makes many so skeptical about it, many altcoins are actually gonna be failing really hard, only very few might retains its current value and the other will just vanish into thin air, of course being skeptical is normal here, otherwise everyone would be losing their money.
after all, such high risk investment which of course in turn also brings massive profits always require tremendous amount of efforts and frequently mentally exhausting but if it what it takes to turn your $100 into some $100,000 then I guess many would still gonna try it anyway.

Because there are still many people who believe that even though the risk in altcoins is high, they can still get rich with a small investment, especially since the bull run is coming, for sure most of the altcoins will pump up the value in the market for a while just to say that they are keeping up in bitcoin's value.

        Then this industry will not lose the willingness to take risks and that includes me to take risks in altcoins that I will see potential especially in the new meme coins that will appear in the market to be honest.

[ammo121810]

Investors are skeptical about crypto currencies also known as altcoins, a reason could be their lack of adoption and acceptance. As we all know that bitcoin is the most well-known and widely accepted cryptocurrency, which gives it more credibility and trust among investors. Another reason could be the higher risk associated with alternative crypto currencies  due to their smaller market capitalization and volatility. They may lack also the same level of security and as more established crypto currencies. Some altcoins may be viewed as scams or pump and dump schemes, which can make investors skeptical on investing them.

[Warkop]

Although not all investors don't really trust Altcoin as a long-term investment, it is the right decision for all Investors everywhere, whether they are small or large investors, because they know which ones are profitable in the future, which are not, because from any point of view Inverstors know very well the profit period of holding Altcoins, so many have switched to a number of coins which may be more tempting, there must be many reasons why investors are more inclined to hold coins than Altcoins, the many losses and very fast price declines and to add to that the Altcoin holds a Bounty or Airdrop, for sure it will destroy the price in all markets..

[naikturun]

That probably came from all the negative stuff that happened with projects. With all the rug-pulls, unexpected liquidation of assets, hacking, etc., surrounding altcoin projects. Especially in this forum, a lot of people, or a majority of people, are more into BTC here rather than altcoins; that's why you have seen that fewer people want to invest in different types of projects.

Yes, that's a possibility. The cryptocurrency market is still largely unregulated, and there have been instances of fraudulent activities, scams, and hacks associated with some altcoin projects. These negative experiences may have led to a lack of trust in altcoins among some investors.

[Rasa nanas]

no, no special analysis. they ask for opinions only to find references and get options to choose altcoins as investment. analysis of large altcoin price movements is not much different from analysis of bitcoin price movements because the price movements of the two tend to be the same. even analysis of new altcoin movements tends to be more difficult and riskier because new altcoin price movements are more volatile.