What holds you back from 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.

[1714615043]

1714615043

[fuguebtc]

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.

People invest in altcoins because they can give higher returns than bitcoin, and what prevents people from investing in altcoins is the risk, the higher the return, the higher the risk. For me, I view the altcoin market as a gamble where we create projects to pump, dump and then disappear. I don't believe any technology is introduced from pre-alt projects, they are just trying to clone real world technologies. For example, the recent AI trend, when the world technology world went crazy for Chatgpt, the crypto market created hundreds of AI projects that time. While as far as I know, Chatgpt has been developed since 3 years ago, but with current AI projects, it only takes 1 month to complete. And the purpose is just to sell tokens, they don't develop anything.

[rhomelmabini]

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'd say more downs for altcoins if Bitcoin will continue to go downhill. Well, the hesitation might be because of the fact that when bear market hits altcoins are the one to be hurt the most. I don't have anything that holds me back from investing into altcoins since I do hold altcoins but I hold back on those who doesn't have strong fundamentals that will make it out for the next bull run.

[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.

People invest in altcoins because they can give higher returns than bitcoin, and what prevents people from investing in altcoins is the risk, the higher the return, the higher the risk. For me, I view the altcoin market as a gamble where we create projects to pump, dump and then disappear. I don't believe any technology is introduced from pre-alt projects, they are just trying to clone real world technologies. For example, the recent AI trend, when the world technology world went crazy for Chatgpt, the crypto market created hundreds of AI projects that time. While as far as I know, Chatgpt has been developed since 3 years ago, but with current AI projects, it only takes 1 month to complete. And the purpose is just to sell tokens, they don't develop anything.

Excellent point. I think here comes a question: can we just think of altcoins as a gamble of selling tokens ? Most of them don't develop anything as you said and I am sure most people are aware of this. Simply put it: it is our human greed (yield for higher return) that forges the altcoins development so why can't we just accept it as it is. I am neither going for nor against altcoins and just want to figure out a rational way to deal with altcoins. Anyway, I got your point clearly and thanks.

[Farma]

When a bear market occurs, the thing that makes me not want to invest in altcoins is that I'm afraid the price will fall. even more so if it is a new altcoin. although this can be seen as an opportunity to increase the number of altcoins at a low price, it is quite difficult to invest again when we still have these altcoins. seeing its value fall is enough to make a lot of people frustrated.
However, it's only natural that people hesitate to adopt an altcoin when the price is dropping, even CEOs of many new projects understand the same thing. they sometimes delay their token sale if market conditions worsen. however, some people wouldn't hesitate to buy bitcoin or the popular altcoin in the current situation.

[blockman]

The bankruptcy of those banks and collapses that have happened really spread FUD but that's just going to stay temporarily. And those enthusiasts with the altcoins will invest because they see it as an opportunity. But those that are just simply afraid of the situation of the market won't invest no matter what happens. The confidence of the market is where they're investing in and that's why that's one of the reasons that holds them back in investing in altcoin and even me, I don't have the confidence currently as they're the most volatile thing in the market, even more volatile than bitcoin.

[palle11]

After 2016 and 2017 when few people invested in altcoins and there was boom in the investment, more people joined the altcoins market to scoop some profit with the positive stories of past investors but unfortunately the altcoins bull didn't happen, it was stalled but more people got scammed from ico investment and direct investment in exchange. This time I think lesser investment will be seen in altcoins because of the past experiences but bitcoin may be the concentration for the next halving investment.

[Strongkored]

Mostly because they think that when prices are dropping like now is the right time to enter the market and choose some altcoins that are expected to provide profits when the market recovers, and altcoins are one of the markets that still provide profits, even though it's not easy to keep believing in them, but people who actually enter the market in relatively bad conditions like today will actually enjoy the results.

[KingsDen]

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 fear about altcoin investment is that in as much as it gives a high level of profits, It could also give high level of losses within a short period of time.
Again, I do not have good knowledge of the chart and information of which coin to buy and the ones that will not do well.
So since I don't have this information, I respect myself and simply invest in Bitcoin where the losses will not be much and there is always the sound believe that even at the losses bitcoin will surely return to profits.

This cannot be said about altcoins because so many altcoins
disappear from losses over a short period of time. But the King will always be there.

[uneng]

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

I avoid altcoins investments due to the uncertainity regards their real potential on long term. While with bitcoin we know it's going to do well within time, since it's not replaced by other cryptocurrencies, the same can't be said about an altcoin in particular, as they are constantly fluctuating in ranking positions on the market. The currently top 10 cryptos won't remain the same in 1 or 2 years, with the exception of bitcoin and probably ethereum, but all the rest is likely to change. So, altcoins lack solidity, that is a big cons.

[Myrzapb]

I have plans to hold a lot of altcoins very soon, it's just that if btc makes a new low we could see another 80% drop on altcoins.

[samuraijin]

Maybe the risk is too big to invest in Altcoins, it's not about how much profit you will get, but investors know very well which one is safe to invest now or in the future, because something can happen in this bear market , all investors will refrain from buying Altcoins, because if forced to buy the risk is not only a small amount of loss but it could have spent their money, no one knows when it will end in this bear market, because all investors are still refraining from post bear market and waiting for the bull market to return..

[Wexnident]

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.

Just the fact that some altcoins fail to live up to what they want to offer. The risk is relatively bigger in investing in altcoins compared to Bitcoin (imo), and projects not really doing anything to fulfill their end of the bargain and is only there to suck up the money of their initial investors isn't really helping me in actually being invested to doing altcoin research. It's also why I'm mostly going for well know altcoins already, it may take a longer time compared to investing into a completely new coin, but it's relatively safer in comparison.

[Yatsan]

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.

Ain't a new thing in this industry. The thing which would more likely give doubt to people who are planning to invest in altcoins is higher rate of market price volatility compared to Bitcoin. It has something to do with market supply, volume and demand. Most of the newly released tokens' price in this industry are falling upon public or token sale which is a threat for those who are not aware of such possibility or in particular with new investors. Also, it is hard to determine which coin to invest given that not all projects are succeeding in a long run unlike with huge names already which endures market price pumps and dumps.

[Captain Corporate]

The fact that most of them are not good? Isn't that good enough reason to stay away from %99.99 of them. I think you can shill whatever you want to shill and that's fine, there is nothing wrong with that and if you want to keep shilling it, then go ahead and do it, not going to work and it would get negative attention instead of positive so I would highly advise against it, but if you want to do it anyway then there is nothing stopping you. However, I personally have invested into 4.5 coins, 4 seriously, one very little and I can say that I am not going to invest into anything more than that until the bull run starts.

[trendcoin]

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.

The most important reason: Coinmarketcap historical data (https://coinmarketcap.com/historical/).

Except for some major altcoins, no altcoin can be a long term investment. Most altcoins in the market are trying to fool investors with false promises. Maybe a small part of them set out with good intentions but fail to achieve their goals. Another small part cannot reach its purpose due to the global conjuncture. However, as a result, the vast majority of them are disappointing to investors. In my opinion, investors who do not have enough experience in this market should not invest in altcoins long-term.

[Marvelman]

As someone who values genuine innovation and progress, I completely agree that investing in altcoins can be a gamble with high risks. While some altcoins may promise higher returns than Bitcoin, the truth is many of these projects are simply clones of real-world technologies that exist solely to pump and dump. Instead, I like to invest in real technology and progress that will make a meaningful impact on society.

It's understandable that many are hesitant to invest in new altcoins, especially with the current bear market hitting them the hardest. However, I do believe that there are some altcoins with a solid foundation for the next bull run. As an investor, I choose to be cautious and make informed decisions about where to allocate my funds. As someone already said, we must keep a level head and consider the long-term potential of new projects with strong fundamentals.

[coin-investor]

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.

If the altcoins are not even in the top 25 in the market I'm not going to invest in these altcoins, they cannot sustain their roadmap and many of these altcoins failed to fulfill their goal, they started on hype and just die down, checking my portfolio on altcoins it is 80% down, most of these altcoins are play to earn and NFT which did not live to its expectation, one example of this is DPET launched when Axie was having a great run I bought it $8 and now its down 99% of its all-time high, big lesson here is do not invest on hype and check its long term potential.

[Cryptoababe]

We all know that Bitcoin is here before any Altcoin. This at times, Hold me back. But most time, I feel like some altcoins are just ponzi in styles although not all. That also hold me back.
The main thing that hold me back is use case and Tokenomics of some altcoins. At times, its obvious that some coins are just temporary but many will still buy and FOMO. And you will also see some coins with no specific usecase or form of coin management. Whenever I notice that, I stay away.

[serjent05]

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.

The amount of scam and rug pull that happen in the altcoin industry is the one huge reason why I keep myself away from investing in altcoin start-ups.  Most of the altcoin with crowdfunding are just money grab offering nothing on the industry and are just a copy of the old one or the one that got popular.  Among the thousands of new altcoin released every week, we are lucky if we find one that is not a money grab. 

So I usually ignore any start-up that offers initial sales unless their project has new innovations to offer and the innovation is proven to be feasable.