What holds you back from investing in Altcoins ?

[GideonGono]

It depends on what kind of alt-coins we are talking about?
Because I don't really mind investing on some alt-coins, it is just that most of the newest alt-coins tends to fall easily and it is too risky that is why I am avoiding it.
Those are like high risk high return kind of investment, If I would risk my money I want it to be on the ones that has already been tested and had proven from time to time that they could withstand the crypto storms.

[NdaMk]

There are many drawbacks that is stopping someone like me from investing on some Altcoins. The Altcoins I mostly feel scared to invest in are those Altcoins that are build on other chains and not standing on there own. Example like does on ETH, BNB, polygon, sol chain. Although these coins are top Altcoins but should any that happen to them as the parent coin on the chain then it could affect the other Altcoins on same chain

[TribalBob]

actually there are many opportunities to benefit from investing in altcoins, but that doesn't reduce the possibility of being exposed to fraud,
I only invest in eth and bnb because these 2 coins can provide benefits in the future even though they have decreased
if i want to get instant profits, I usually follow meme coins, after pumping and getting profits I sell everything and just leave it

[Luffygroove]

Uhm I think there are several factors that could hinder investors to invest in Altcoin, some of them are :
1. Lack of regulation: Altcoins are not as regulated as traditional investments, which makes them more risky and potentially susceptible to fraudulent activities.
2. Volatility: Altcoins tend to be more volatile than traditional investments, which means they can experience significant price fluctuations in short periods of time.
3. Limited liquidity: Many altcoins have low trading volumes, which can make it difficult to buy or sell them at a desired price.
4. Lack of track record: Most altcoins are relatively new and have not been tested over a long period of time, which makes it difficult to assess their long-term potential.
5. Lack of widespread adoption: Many altcoins have limited adoption, which may limit their potential for long-term growth.

[cryptoaddictchie]

what truly holds you back from investing in Altcoins ? Please let me know your thoughts.

I had some altcoins and the reason I couldnt invest more is that I am stuck up with my buying power and still recovering from the bull to bear phase since not all has been dumped during the bull season. So holding my alts is likely an alternative of buying new ones. Yes its really tempting to buy now due to a lot of bargain sales but we cant do anything if we dont have resources to invest with.

[yazher]

If bitcoin's price will go down, the altcoins price crash, and just a few exemptions to others that currently launching their upgrade or new features that will cause the price of their coins to rise. other than that, it's all about bitcoins and this is what most people don't know because they always support altcoins before bitcoins that's why they often found themselves in a situation where they cannot recover their capital back because they left the most important foundation of investment which is to push bitcoins price forward and to make only altcoins as their second option when it comes for their crypto investment.

[isaac_clarke22]

~

Aside from what others mentioned in here about scams and rug pulls, my experience in day trading back in my days just made me stick with Bitcoin. I encountered lots of losses through majority of coins I day traded and it just happens that day trading is not meant for me. That's perfectly fine for me either way to still keep on holding one coin since Bitcoin already gave me greater experience in hodling rather than day trading.

I hope it does not discourage you OP to keep on pushing your projects though as I believe you are a part of a team in a project based on your post history. If you're truly a legitimate anyway, you're going to be okay.

[LogitechMouse]

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.

Can you specify who are those "investors" that are hesitant to invest into altcoin? Because as far as I know, only the newbies are the ones who are hesitant to invest in a Bear Market.

Whether it is Bitcoin or any Altcoin out there, investing in a Bear Market is always an opportunity. I mean you can buy Altcoins in a cheaper price so why going to be hesitant to buy? In terms of which coin to buy, at least pick those at the top and make some research before buying. I don't see any reason why investors are hesitant to buy altcoins during a bear market aside from the fact that there are numerous scam projects/altcoins out there, but you can prevent it thru avoiding those new projects and focus more on the altcoins that have been there for a long time.

Focusing on the top altcoins will reduce the risk hence, investors will not be hesitant to buy altcoins during a bear market.

[earnestoshodi]

They are basically high-risk projects with no good or sustainable product. Many of them are simply Ponzi schemes with fraudulent team members. It will really take a good deal of searching to see really sincere and good projects that actually provide solutions to problems and can stand long term

[andriarto]

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.

indeed in investing bitcoin is the best coin, but that does not mean altcoin investment is not safe, it depends on what altcoin we invest. for me ethereum, bnb and polygon make great altcoins to invest long term. but it will be very risky if we invest in new altcoins where there are not many communities, and of course it will be very volatile and likely to be manipulated, but if we can take advantage of the moment it will certainly be very profitable, even though it is risky

[maydna]

What's holding me back from investing in altcoins is the deeper downturns that can happen because another drop in the price of bitcoin could cause more altcoins to go down as well. Even some of the altcoins have experienced a deeper decline than before. That is the risk of investing in altcoins and you must be able to prepare yourself if you still want to invest in altcoins.

And for now, I think investing in bitcoin will be safer than in altcoins because even if the price goes down again, it will surely return to its previous high. And the price of bitcoin still can reach its highest price again.

[Huppercase]

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 quickest way to make money right now in crypto is through altcoins and the fastest to lost money in crypto is through Alcoins, so choose one and be happy. I like some altcoins if you happen to buy some that are heavily invested by the OGs in crypto, they pump them hardly and if you that luck and buy during their presales or ICOs, you will feel like always buying altcoins forever but the problem is that if you are not lucky and buy the ones the OGs decide to dump, you will hate your self for buying altcoins, altcoins can give you nice profit but believe they can e deadly.

[fzkto]

It depends on what kind of alt-coins we are talking about?
Because I don't really mind investing on some alt-coins, it is just that most of the newest alt-coins tends to fall easily and it is too risky that is why I am avoiding it.
Those are like high risk high return kind of investment, If I would risk my money I want it to be on the ones that has already been tested and had proven from time to time that they could withstand the crypto storms.

There's a small list of coins that I could recall, which are trading above the bottom that was last summer. They are LTC, DASH, ATOM. I think this list could be added by many other coins. So we should choose proven altcoins which, like bitcoin, have experienced bearish seasons.

[Eureka_07]

<snip>

I am not investing to most altcoins because most of those projects were just became popular because of FUD.
Moreover, a lot of altcoin projects does not have any objective of helping people to achieve financial freedom centralized system that we currently have. Most also were just created for the mean of generating income and investments which sometimes lead of scamming.
Gladly, we have altcoins present nowadays which I think are worth investing at.

[Mozzart]

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.

First of all, they are not stable and now you can buy altcoins if you have a free budget.In the near future I plan to buy Litecoin and not touch it until the halving until it is the only asset that is attractive to me.It seems to me that in the near future it is not worth waiting for an improvement in the situation on the market.

[fvb]

Personally, nothing holds me back from investing in altcoins. Just by doing some analysis and trusting my intuition, I sometimes buy some and wait a few months.

[goaldigger]

There’s no reason for me not to invest on good altcoins because they can give profit to me as well and many are really a promising project which is hard to ignore after all.

Having Bitcoin is fine but diversification are more advisable so don’t be afraid to invest with the altcoins, all you have to do is to analyze and know what altcoins to buy during this trend, top altcoins usually are the best one.

[cute nmp]

I hold back from investing in altcoins during the bear market.Most altcoins are going down during this period so care need to be taking when making any kind of investment and also always remember the golden rule of investment that says don't invest what you can't afford to lose.

[Rasa nanas]

a decrease in prices on the crypto market is something that is natural because it is impossible for the crypto market to continue to move up. the increasingly advanced behavior and mindset of investors makes FUD not have too big an impact on the crypto market. Apart from investing in bitcoin, I also invest in large altcoins such as BNB and ETH. I chose this large altcoin because for a long term investment and this altcoin is the safest investment.

[posi]

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.

indeed in investing bitcoin is the best coin, but that does not mean altcoin investment is not safe, it depends on what altcoin we invest. for me ethereum, bnb and polygon make great altcoins to invest long term. but it will be very risky if we invest in new altcoins where there are not many communities, and of course it will be very volatile and likely to be manipulated, but if we can take advantage of the moment it will certainly be very profitable, even though it is risky

To be fair, bitcoin is only good in terms of safety but not good in terms of profitability, altcoins still offer better returns. Every investment has risk, just like when we compare bitcoin to real estate, real estate is much safer than bitcoin, but the return will not be equal to bitcoin. And with altcoins too, it is not safer but the return it brings is much greater. I also like to invest in altcoins because it can help me make a good profit. That's an opportunity. Why pass it up?