What holds you back from investing in Altcoins ?

[FireDAOJackie_Z]

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No problem! Currently I am just treading around Altcoins to just read around and not really planning to invest "just yet". Wishing luck to your project's progression!

I would look into your project when my vacant time allows me to do so.

What i learnt for several years is people is waiting the good moment to buy it even on this bear market situation. Some people already aware that bitcoin halving will happen next year so maybe they hold their fund to invest in later on next bull run. People are getting smarter they know the timing of investing in cryptocurrency.

Many people are eyeing for a bull run in that halving like they always do when Bitcoin halves as always. It's not like a really "smart" thing literally, and just a common scenario to happen.

Thanks for sharing your thoughts. Please stay tuned and we'll try all our best to provide a better project. I am sure our project won't let you down. 

[Xampeuu]

right now I'm investing in altcoins on matic, every time it goes down I buy it according to the support area which is good to buy in my opinion. until the price is $ 0.3 I got it too, so at the current price $ 1.2 actually I'm already floating plus as a whole, but I'm targeting investing in this polygon for the long term, and I can feel calm, hopefully in the future according to my expectations so that the plan can be for real business capital

[ethereumhunter]

right now I'm investing in altcoins on matic, every time it goes down I buy it according to the support area which is good to buy in my opinion. until the price is $ 0.3 I got it too, so at the current price $ 1.2 actually I'm already floating plus as a whole, but I'm targeting investing in this polygon for the long term, and I can feel calm, hopefully in the future according to my expectations so that the plan can be for real business capital

Even so, you have to be able to determine when you stop investing in Polygon because if it reaches a point where the price of Polygon starts to get altcoin season, that means the price can start to increase. And if you continue to buy, you may get stuck buying at a high price.

Investing in Polygon can be an alternative among the many altcoins on the market but we don't know when Polygon will increase. Hopefully, when the altcoin season comes, Polygon can also increase and you can get big profits.

[LastKiss]

right now I'm investing in altcoins on matic, every time it goes down I buy it according to the support area which is good to buy in my opinion. until the price is $ 0.3 I got it too, so at the current price $ 1.2 actually I'm already floating plus as a whole, but I'm targeting investing in this polygon for the long term, and I can feel calm, hopefully in the future according to my expectations so that the plan can be for real business capital

You got a nice strategy out there, keep accumulating more when Matic prices go low and hold it until the next bull run. Many people won't feel calm in this bear market since the crypto market is really volatile but you can feel calm with your investment. Right now I'm investing my money in a few Altcoins such BNB and Ethereum since the bull market is near I don't want to miss the train.

[Sebas.tian]

I'm planning to invest in altcoins, since Bitcoin price is preparing to remain stable in the market because whenever the price of Bitcoin is pumping altcoins price will be pumping too to allow their investors to experience something good from their investment. The reason why I don't invest in altcoins since last year, is because the price of Bitcoin is not displaying any sign of bullish in the market to give Long and short term investors hope of investing in altcoins for future purpose. Now that the price of Bitcoin has increased to $25,235, showed that other cryptocurrencies price will increase also for traders to start expecting bullish market any moment from this month.

[abralzain17]

I still don't fully understand market charts, someone told me that in order to benefit from investing in altcoins is to be able to understand market charts or to be able to read the statistics on the movements of the invested altcoins produced by the market. this is what makes me not feel comfortable investing in altcoins for long. I think because I don't understand this, for me this is an obstacle to investing in Altcoins

[justdimin]

The risk because it has more risky than bitcoin meaning in bitcoin there is a high chance if you held it for a longer period of time of getting profit is high but on altcoins, there are instances of getting die, devs walking out and owners going to dump it. Most of the controversies are in altcoin which a lot of people got scammed into it but on the bright side, you can earn more profit on it if got lucky to find the most promising project that is why people are spending a lot of time finding those reliable project to invest into.

That type of risk is something that many altcoin lovers keep on questioning. The most common thing that I keep hearing about is "if you thought low marketcap was risk, then you could have ignored bitcoin as well and look how big it get, what if this coin goes up exactly like bitcoin and you regret it?" and that is the most ironic comment I have ever seen, imagine considering the coin you shill could go up as much as bitcoin did.

I am sorry but bitcoin was a dollar, and now it is over 25k, do you really think that the coin you are trying to shill could end up with 25k+ increase? I really do not think so, it's impossible. This is why it's hard to take them seriously as well.

[o48o]

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I am sorry but bitcoin was a dollar, and now it is over 25k, do you really think that the coin you are trying to shill could end up with 25k+ increase? I really do not think so, it's impossible. This is why it's hard to take them seriously as well.

I have invested twice in 2 different projects that made me over 1000x, and several times to projects that have made over 100x. Some of them actually paid 50x my investment back just with free airdrops later on. Those add up.

While it's given that you would have to find right ones and most of them are just going to ground, you most definitely can hit gold with those. Comparing them to eth and btc is a pipe dream, but sometimes it's better to gamble and buy some low caps. I speak it from experience from someone who has missed some serious boats and stiil found new ones.

I made most of my money from selling pumped coins that don't exist any more but also sold my eth when it was $12 because i listened to bitcoin maxis and thought it was overpriced and bnb when it was around $1 so i know something about regret.

[FahriZah]

Every People's Interested To Crypto Currency Trading And We Know About Altcoins Actually Alcoins Means Without Bitcoin All Other Small/Big Coin Name Of Altcoins And People's Are Very Excited To Investing To Altcoins.

[StarKay]

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

It is so easy to categorise over 2,000 different coins as altcoins because we are on BTT but in reality, that term should be outdated because we now have L2, Memecoin, NFT, Metaverse, DeFi etc.

I don't trust the developers of Memecoins enough to invest a fortune in it, so I usually hold back from investing in them. Meanwhile I keep searching for good Metaverse projects to invest in.

[Cling18]

Investing in altcoins is still a good idea but it is still important to be skeptical because there are still scam projects and nonpotential altcoins that might only trap their investors. Some altcoins are worth investng and there are also altcoins to be avoided. Maybe the reason why there are people who are holding themselves back from investing in altcoins is the fear of losing their funds because of the wrong pick of coins. That's why it is always advised to choose well-established altcoins so we can have a better guarantee of gaining profit.

[borovichok]

Investing in altcoins is still a good idea but it is still important to be skeptical because there are still scam projects and nonpotential altcoins that might only trap their investors. Some altcoins are worth investng and there are also altcoins to be avoided. Maybe the reason why there are people who are holding themselves back from investing in altcoins is the fear of losing their funds because of the wrong pick of coins. That's why it is always advised to choose well-established altcoins so we can have a better guarantee of gaining profit.

Altcoins are straightforward and readily pump in the market without the notice of Bitcoin, in both the bear and bull seasons. Although there are countless altcoins, it is your choice and responsibility to look for the one with a strong roadmap. They are initially traded by investors who profit significantly from the project. Due to their terrible experiences with earlier projects, such as the abrupt heavy dump of Terra Luna that dropped to the ground without leaving a trace, traders have shown anxiety in the space, and they have learned their lesson not to trust any project, regardless of how long it has existed there.

[Silberman]

Investing in altcoins is still a good idea but it is still important to be skeptical because there are still scam projects and nonpotential altcoins that might only trap their investors. Some altcoins are worth investng and there are also altcoins to be avoided. Maybe the reason why there are people who are holding themselves back from investing in altcoins is the fear of losing their funds because of the wrong pick of coins. That's why it is always advised to choose well-established altcoins so we can have a better guarantee of gaining profit.

What is holding people back is the huge amount of scams that exist on the altcoin market, if the ratio of good projects and bad projects was reasonable I think we will see a great deal of more interest coming from the community, but since there are so many bad altcoins out there people simply feel they will be wasting their money by investing their money in those coins, and if that is the case they might as well just buy bitcoin and be done with it, and save themselves the headache of investing in a new altcoin and all the risk this entails.

[FireDAOJackie_Z]

Investing in altcoins is still a good idea but it is still important to be skeptical because there are still scam projects and nonpotential altcoins that might only trap their investors. Some altcoins are worth investng and there are also altcoins to be avoided. Maybe the reason why there are people who are holding themselves back from investing in altcoins is the fear of losing their funds because of the wrong pick of coins. That's why it is always advised to choose well-established altcoins so we can have a better guarantee of gaining profit.

What is holding people back is the huge amount of scams that exist on the altcoin market, if the ratio of good projects and bad projects was reasonable I think we will see a great deal of more interest coming from the community, but since there are so many bad altcoins out there people simply feel they will be wasting their money by investing their money in those coins, and if that is the case they might as well just buy bitcoin and be done with it, and save themselves the headache of investing in a new altcoin and all the risk this entails.

It's always good to be cautious about our investment. DYOR is a must for everyone. If you are interested, why don't you take a look at our project FireDAO ？This thread https://bitcointalk.org/index.php?topic=5441307.0 could give you more detailed info about our project. Please stay tuned and we'll try our best to provide all users a reliable project.

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I am sorry but bitcoin was a dollar, and now it is over 25k, do you really think that the coin you are trying to shill could end up with 25k+ increase? I really do not think so, it's impossible. This is why it's hard to take them seriously as well.

I have invested twice in 2 different projects that made me over 1000x, and several times to projects that have made over 100x. Some of them actually paid 50x my investment back just with free airdrops later on. Those add up.

While it's given that you would have to find right ones and most of them are just going to ground, you most definitely can hit gold with those. Comparing them to eth and btc is a pipe dream, but sometimes it's better to gamble and buy some low caps. I speak it from experience from someone who has missed some serious boats and stiil found new ones.

I made most of my money from selling pumped coins that don't exist any more but also sold my eth when it was $12 because i listened to bitcoin maxis and thought it was overpriced and bnb when it was around $1 so i know something about regret.

Thanks for sharing your experiences that could teach us a lesson. I find that "timing" determines everything involved in crypto investment. I tend to believe that you are quite a knowledgeable and experienced investor and of course you made a lot of money out of crypto investments but still, you have your own regrets that may have made you even more successful. To most of us, the most difficult part is the timing, knowing when to buy in and out. Anyway, this needs a lot of factors especially luck.

[lienfaye]

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.

We can't deny that many altcoins are existing without real use case and likely end up as shitcoins. I think this is one of the reason why many investors are hesitant to invest in alts because of higher risk compared to investing in Bitcoin. However even it is risky, there's a chance to gain huge in alts if you invest in hidden gem though it's not easy to find one.

I have alts in my portfolio but I only invest in established coins because they already prove their worth. As I've said, there's a hidden gem in new alts but you need to dig deeper and DYOR.

[SirLancelot]

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 wouldn't mind investing in the altcoins that are at the top but im only hesitant on the newer altcoins because I don't know their future. Some of them might seem to run smoothly on their early days, months, years but they might collapse later on.

I already saw lots of that, that is why for my safety I am avoiding them now as much as I can but creators of these new altcoins shouldn't worry. They can still continue their passion because there are still people who only invest on them as they think they are more profitable than the older coins. If alts become more volatile now because of BTC then that's also a great thing for those who likes volatility.

[DainSLane]

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.

My concerns is that the some investors may be hesitant to invest in Altcoins during a bear market. Altcoins tend to have a higher level of volatility compared to more established cryptocurrencies like Bitcoin. This volatility can lead to sudden and significant price drops, which can be unnerving for investors. Additionally, Altcoins may not have the same level of liquidity as Bitcoin, which means that it may be more difficult to buy or sell Altcoins at a desirable price. Finally, there is always a risk of fraud and scams in the cryptocurrency market, and Altcoins are not immune to these risks. Therefore, investors may choose to be cautious when investing in Altcoins during a bear market
Thanks for Sharing your thoughts.

[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.

My concerns is that the some investors may be hesitant to invest in Altcoins during a bear market. Altcoins tend to have a higher level of volatility compared to more established cryptocurrencies like Bitcoin. This volatility can lead to sudden and significant price drops, which can be unnerving for investors. Additionally, Altcoins may not have the same level of liquidity as Bitcoin, which means that it may be more difficult to buy or sell Altcoins at a desirable price. Finally, there is always a risk of fraud and scams in the cryptocurrency market, and Altcoins are not immune to these risks. Therefore, investors may choose to be cautious when investing in Altcoins during a bear market
Thanks for Sharing your thoughts.

Thanks for sharing your thoughts. The altcoins volatility is a double-edged sword. If prices are not volatile, how can you gain big profits when bull market comes ？ Investing in altcoins in the bear market is risky especially for investing in new projects but this is really what makes the high return possible. The problem is how to choose the promising altcoins from the bad ones. I myself have no clear answer to the question but still try my best to practice it. Hope you'll get my point. And also, you might want to know our FireDAO project if you have time. Please detailed info can be found in this thread: https://bitcointalk.org/index.php?topic=5441307.0 

[Charmekkd]

Of course, in this case, everyone has different opinions, that is, there are people who like to invest in altcoins even though the prices are not good, and there are also those who are afraid to invest in altcoins because they see the price of bitcoin going down.

and I personally also don't dare to invest in altcoins if bitcoin's condition is not good, because I'm afraid of losing my money because if altcoins go down then the price can drop very much.

[Bazzu]

actually I'm not afraid to invest in altcoins as long as we have to know good altcoins. because even though bitcoin prices go down and altcoins usually go down, but usually when bitcoin prices go up, altcoin prices usually go up
so in my opinion in this case there is nothing to fear as long as there are still many bitcoin enthusiasts.