What holds you back from investing in Altcoins ?

[fzkto]

Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

There are too many altcoins that can compete with each other in a range. This makes it difficult for me to capture and unlock the potential of those altcoins and pick them up. The best way I do it is to create a multi-altcoin allocation portfolio. Also, the biggest problem we face is fake altcoins and scams. For altcoins, choosing the top altcoin is always encouraged and chosen more by those reasons. with those difficulties, Bitcoin has always been my primary choice.

Bitcoin is a good investment and the least risky. But if you choose altcoins wisely, even the not-so-new ones that have been released recently, you can get a lot more return than from bitcoin. Although it is the most risky. But I still believe that common coins like LTC or Aptos from the new generation, will be more profitable.

[bangjoe]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

Of course for most people and especially for me is to find a location where the bullish sentiment is greater, because some time the market is still in a bearish state so it's too lazy to wait longer, the second in my opinion is to look for capable altcoin projects or updates for more development both in the project, things that affect the price to be bullish like listing in the big market or whatever.
I often look forward to it.

Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

If we choose the right altcoin to invest in, I don't think we should hesitate to hold it even though Bitcoin's condition has decreased in price. If Bitcoin increases again, the altcoin price will follow the Bitcoin chart.

Things like that are taken into consideration, even though we are quite sure of one of the altcoins, we are always looking for a more appropriate time or looking for a cheaper price in several rowing times. Especially if you want to invest in the long term, of course you will consider more and hold back before doing a reset about the altcoin that is your investment goal.

[Digital_Lord]

Users of crypto make investment in altcoins but as we compared bitcoin with altcoins so we can say that altcoins are provider of enhance profit but has also show some negative outcomes therefore we cannot say that altcoin can be better than bitcoin. Also remember that if one person gets profit from altcoins then we should not copy him because for some may be its beneficial but for others it may be not. So always have your own thoughts and make your own decision. I don't say that altcoins are not good investment but before investment keep in mind that it can move your profit to a negative results and can there are so many altcoins which fails to give benefits to its holders.

[carrie_white]

There are many reasons why many investors hesitate and take a long time to determine which altcoins to invest in, but of course the biggest reason is because the prices of altcoins fluctuate so much that it makes investors doubtful and keep waiting for the right time to buy.

[Tony116]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

Honestly, I just see people on this forum don't like to invest in altcoins, they focus mainly on bitcoin because it's much safer. But in my locality, people do the opposite, they prefer to invest in altcoins over bitcoin because they think altcoins offer better returns even though it's riskier. Many of my friends are investing in altcoins and don't have bitcoins in their pockets. Many people change their lives to wealth by investing in altcoins, and the losers mostly invest in altcoins. I still like to invest in altcoins, but I can't risk my entire portfolio, bitcoin still accounts for 50% of my investment, I prefer slow but sure over risky.

Yeah, but I think there are also altcoin investors in this market, because they love the risk. However, for some conservative investors, there's no doubt that bitcoin is the go to crypto for them.

But you can't blame those altcoin investors, I mean the returns though, specially during the height of altcoin in 2017, there are projects that return 1000x or even higher. Not sure about the coming bull run though, maybe there will be that can repeat that performance but it's going to be very difficult.

Everyone has a different mindset and thoughts, I don't blame or criticize anyone because I also like to invest in altcoins. I don't want to be too rigid or conservative because that's not in my favor, my goal here is profit, so I won't be conservative but ignore potential opportunities over bitcoin in the market. Honestly, in the 2021 bull season, BNB and ETH have brought me more profits than BTC.

In the upcoming bull season or in the future, altcoins are still a potential market where we can make hundreds, thousands of times more profit. There will always be such hyped projects, but finding them is extremely difficult. But also don't forget the high returns that come with high risk when investing in altcoins.

[FireDAOJackie_Z]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

Honestly, I just see people on this forum don't like to invest in altcoins, they focus mainly on bitcoin because it's much safer. But in my locality, people do the opposite, they prefer to invest in altcoins over bitcoin because they think altcoins offer better returns even though it's riskier. Many of my friends are investing in altcoins and don't have bitcoins in their pockets. Many people change their lives to wealth by investing in altcoins, and the losers mostly invest in altcoins. I still like to invest in altcoins, but I can't risk my entire portfolio, bitcoin still accounts for 50% of my investment, I prefer slow but sure over risky.

Yeah, but I think there are also altcoin investors in this market, because they love the risk. However, for some conservative investors, there's no doubt that bitcoin is the go to crypto for them.

But you can't blame those altcoin investors, I mean the returns though, specially during the height of altcoin in 2017, there are projects that return 1000x or even higher. Not sure about the coming bull run though, maybe there will be that can repeat that performance but it's going to be very difficult.

Everyone has a different mindset and thoughts, I don't blame or criticize anyone because I also like to invest in altcoins. I don't want to be too rigid or conservative because that's not in my favor, my goal here is profit, so I won't be conservative but ignore potential opportunities over bitcoin in the market. Honestly, in the 2021 bull season, BNB and ETH have brought me more profits than BTC.

In the upcoming bull season or in the future, altcoins are still a potential market where we can make hundreds, thousands of times more profit. There will always be such hyped projects, but finding them is extremely difficult. But also don't forget the high returns that come with high risk when investing in altcoins.

You do have a rational mindset which will help you gain more profit than others. I also intend to be flexible and adaptable to new changes as time goes by. Altcoins are truly a wonderful mechanism to make money if used properly. In the next bull run, many altcoins will be catching a lot of eyes without doubt and I believe our project FireDAO is one of them. Please refer to this thread https://bitcointalk.org/index.php?topic=5441307.0 to find  more about us. Hope you'll be interested.

Users of crypto make investment in altcoins but as we compared bitcoin with altcoins so we can say that altcoins are provider of enhance profit but has also show some negative outcomes therefore we cannot say that altcoin can be better than bitcoin. Also remember that if one person gets profit from altcoins then we should not copy him because for some may be its beneficial but for others it may be not. So always have your own thoughts and make your own decision. I don't say that altcoins are not good investment but before investment keep in mind that it can move your profit to a negative results and can there are so many altcoins which fails to give benefits to its holders.

True. Critical thinking plays a vital role in cryptocurrency investment and we should never follow a trend just because many people are saying something big. Other people's honey might be our poison in many cases. In reality, any investment decision must be made based on our own situation and once a decision is made, don't regret and even if fails, we should just learn a lesson and move on. That's it.

[siniminomorocomunisakito]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

I think there are underlying concerns around market volatility and macroenvironmental factors that may discourage some investors from exploring altcoin investing. While market conditions and news can impact short-term altcoin performance, it is equally important to assess the long-term potential and fundamentals of a particular altcoin before making any investment decisions.

In terms of specific factors that might hold investors back from investing in Altcoins, there could be a number of reasons such as lack of knowledge or understanding of the Altcoin market, difficulty in accessing reliable information or reputable exchanges, concerns around security or regulatory compliance, or simply preference for more established investment options.

[errorcode99]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

For me there is no reason not to invest in good Altcoins because Altcoins can also be profitable and a lot of very promising projects that are hard to ignore, and owning Bitcoin is fine but more diversification than recommended so don't be afraid to invest with Altcoins, and all you have to do is analyze and know what Altcoin to buy during this trend.

[Natalim]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

For me there is no reason not to invest in good Altcoins because Altcoins can also be profitable and a lot of very promising projects that are hard to ignore, and owning Bitcoin is fine but more diversification than recommended so don't be afraid to invest with Altcoins, and all you have to do is analyze and know what Altcoin to buy during this trend.

You say it right and people never stop thinking that altcoins are a great venue in crypto especially when the bull season is coming, you can't just simply ignore that chance of tripling (or more) your money if got lucky. So while people are buying Bitcoin during the bear season, they are now selling some of it to allocate for altcoins. Many new projects will get in hype during the bull season and they are started looking for a gem. Well, I assume that everyone is aware of the situation that altcoins will pump more than Bitcoin.

[dunfida]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

Honestly there are really that altcoins which are worth to invest on and we do know that there are really that hidden gems that we could actually make profits if we do able to enter the right time.
We do know that there are lots of shit coins in the market which it do makes it hard to know and choose on which one would really be good on picking but after all the thousand coins that
we do have in the market today.Then it is really that hard to do so and this is where lots of people do lost of track and their investment because they were just too careless
but well its not something that we could pull off.

[Desmong]

Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

There are too many altcoins that can compete with each other in a range. This makes it difficult for me to capture and unlock the potential of those altcoins and pick them up. The best way I do it is to create a multi-altcoin allocation portfolio. Also, the biggest problem we face is fake altcoins and scams. For altcoins, choosing the top altcoin is always encouraged and chosen more by those reasons. with those difficulties, Bitcoin has always been my primary choice.

Yes there are too many altcoins but would that stop me from investing in altcoins, No! This would never stop me that is why we need to know what we want before entering the market. The market is huge enough for us to make the right choice that we will not keep making the same mistakes over again. Altcoins is good but the problem is finding the right coin for us to hold.

[bitkanu]

the fact that most of them just gonna outright fail, lets be frank here, these altcoins investing are like gambling, you just don't know whats the outcome despite having made some proper analysis in regard of the coin it could always fails at the end of the day, i'd assume if you truly want to invest in altcoin only invest in the ones that have been invested by massive ventures, otherwise you're really gonna be speculating.

[Sweetbtc]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

When the markets are going down or the price of Bitcoin is going down, there are many people who are afraid and shy away from investing in Alt coins.Since Bitcoin is the king of all cryptocurrencies, investing in Alt coins is a very difficult decision if its value is falling.My own experience has been that when Bitcoin gets close to 15000, I feel threatened by investing in any cryptocurrency.Because everyone loves their capital.And then people have also seen the situation of Luna, where a lot of money was lost.FTX has also seen crashes where many people lost their capital.If such strong and popular coins can be eliminated then who can trust the alt coins.And then every trader avoids investing in altcoins when the market is crashing badly.Then people only trust Bitcoin here And Bitcoin is also reliable.Because Bitcoin is the only cryptocurrency with the lowest risk of loss.

[Cadaver20]

It is natural that investors will be a little cautious about investing in altcoins when the market is highly volatile. Because if Bitcoin has a few ups and downs, it will be multiplied several times in altcoins. So I don't think there is anything wrong with being a little cautious. Because money is dear to everyone and no one wants to lose it easily.
But many people take this time as an opportunity and invest in altcoins.

[mich]

Well since we are still experiencing a 'bear market’, and it still remains a dangerous time to invest at the moment. I also do not think this is a good time to be investing in Altcoins especially newer ones. We just can not be so sure if it is a scam project or a pump and dump.
I think it is safe to say that you would be better off investing in Bitcoin if you want to invest. It is better then risking investments in Alt coins because we know the price of BTC will rise once again. We can not be so sure about investing in Altcoins.

[MIner1448]

Despite the growing popularity of cryptocurrencies and altcoins, investing in them can still cause certain concerns and obstacles among the population. For example, many people do not understand how cryptocurrencies work and do not feel confident about their knowledge and experience. In addition, the presence of high volatility and risks associated with investing in cryptocurrencies may deter some potential investors. Other obstacles may be the lack of available tools for investing in cryptocurrencies, lack of market transparency, high commissions, and the complexity of the process of buying and selling cryptocurrencies.

[errorcode99]

You say it right and people never stop thinking that altcoins are a great venue in crypto especially when the bull season is coming, you can't just simply ignore that chance of tripling (or more) your money if got lucky. So while people are buying Bitcoin during the bear season, they are now selling some of it to allocate for altcoins. Many new projects will get in hype during the bull season and they are started looking for a gem. Well, I assume that everyone is aware of the situation that altcoins will pump more than Bitcoin.

I don't think that's what I mean by ignoring the opportunity to multiply my money if I'm lucky, but I mean with the current conditions we all know that altcoins are easy for us to get and prices are very affordable, and it's easy to get profits, and don't choose the wrong altcoin either, because could lead to bearish.

[podluznyj]

Today, investing in altcoins is not very promising, since the market is not stable and investing money until the market is stable is not very desirable and you can lose your savings. I think that it is worth waiting until the market stabilizes.it was possible to invest in 2017 and get a good profit from altcoins

[bastian466]

The recent price drop of Bitcoin and some bad news on the market may cause a new round of FUD for investors. With the price going down, Bitcoin will be more volatile in the short term and the Altcoins that depend on Bitcoin will go through more ups and downs. In this bear market, more investors are hesitant to any Altcoin investment. Apart from the macro environment factor, what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

Bad news always has its impact besides I've been in a situation like that to take a bit from a situation like that to hold short term when there's a bounce then I let it go.  something like that is quite successful but comes with a big risk as well and you have to choose a popular altcoin

[bitkanu]

Today, investing in altcoins is not very promising, since the market is not stable and investing money until the market is stable is not very desirable and you can lose your savings. I think that it is worth waiting until the market stabilizes.it was possible to invest in 2017 and get a good profit from altcoins

actually there are many promising altcoins out there it just finding one can be quite difficult in general but just see optimism, arbitrum,and many more they are quite good for long term holding, moreover we haven't hit the altcoin season yet i'd say once altcoin season is here, many will increase significantly.