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Author Topic: Why are altcoins important?  (Read 3030 times)
Belarge
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November 08, 2023, 10:56:42 PM
 #241

The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.
The whales of the market are responsible for market price glitching; a single order such as buy or sell will jolt the market and trigger the project to move in a particular direction mostly in their calculated special direction. Altcoins are significant to traders, particularly spot traders, because they provide more opportunities for profits. Bitcoin remained the market's initial robust and prominent project. Altcoins are the primary projects that have contributed to the most of my significant profits in the system and I'll not back out from altcoins projects, specifically not now.

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November 10, 2023, 11:21:38 AM
 #242

Sincerely spiking, not all coin are scam I no our love for bitcoin is top notch, but there are some altcoin that has been following Bitcoin even though the price are not the same. Like etherium it has a total supply of approximately about 120million in cerculation while Bitcoin has 21million that ever existed so I think with amount of etherium it makes it relativly scarce there by becoming expensive. Each halving of bitcoin also goes up with etherium so I think etherium is not just like other altcoin/meme or shitcoin there about.

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November 10, 2023, 11:37:25 AM
 #243

Sincerely spiking, not all coin are scam I no our love for bitcoin is top notch, but there are some altcoin that has been following Bitcoin even though the price are not the same. Like etherium it has a total supply of approximately about 120million in cerculation while Bitcoin has 21million that ever existed so I think with amount of etherium it makes it relativly scarce there by becoming expensive. Each halving of bitcoin also goes up with etherium so I think etherium is not just like other altcoin/meme or shitcoin there about.
Altcoin market is an important market in the Crypto sphere that keep generating lots of profits for investors. We don't need to underestimate the power of the altcoins because there are many whales that had made huge profits from the market as a result of holding altcoins. If we know how to identify good altcoin projects then we are set to benefit more from the market. Cryptocurrency can really be a good or bad investment depending on what we are doing and what we plan to invest. There are projects that can give us more than 100× of a profits as an investor.









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November 10, 2023, 01:08:57 PM
 #244

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 
Nothing like skill when investing on altcoins rather it's a matter of buying credible and trusted altcoins with a low price unlike Bitcoin that had already been priced, the best bet is to buy when their price is very low i.e during the bearish run, unfortunately a lot of newbie investors wanted massive profits they wanted altcoins that would earn them 100x profit within the shortest period of time consequently fell into scam, I would prefer investment on a credible low price altcoins rather that those shit memecoins mainly for pump and pump, a reasonable amount of profit earned on investment on trusted altcoins is far better than taking unnecessary risk on shit altcoins.

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November 10, 2023, 08:57:57 PM
 #245

Nothing like skill when investing on altcoins rather it's a matter of buying credible and trusted altcoins with a low price unlike Bitcoin that had already been priced, the best bet is to buy when their price is very low i.e during the bearish run, unfortunately a lot of newbie investors wanted massive profits they wanted altcoins that would earn them 100x profit within the shortest period of time consequently fell into scam, I would prefer investment on a credible low price altcoins rather that those shit memecoins mainly for pump and pump, a reasonable amount of profit earned on investment on trusted altcoins is far better than taking unnecessary risk on shit altcoins.
Wanting a profit of x100 will only make novice investors fall into fraud and ultimately experience a lot of losses. There are many incidents like that and scammers take advantage of these moments to continue draining beginners' money. nothing is instant, everything needs a process, instant profits only apply to altcoins that are very hyped.
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November 12, 2023, 10:25:20 AM
 #246

The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.

You can always make more money with altcoins it you know how to play your cards right. They're much more volatile than Bitcoin itself. Altcoins will always exist due to the fact that Bitcoin is open source. That allows anyone to experiment with the code and make a new coin out of it with better features. Without altcoins, there won't be a way to test Blockchain's limitations beyond Bitcoin. Having several "experimental chains" allows us to improve the core Blockchain tech for the better. The more coins there are, the better for Bitcoin.

Ultimately, the "King" is the one responsible of driving the industry all the way towards long-term success. You can see how altcoins "pump" when BTC goes all the way to the moon. Considering that there's momentum for Bitcoin, I'd expect altcoins to become bigger and stronger than ever. Hold on tight as this is going to be a wild ride. Just my thoughts Grin

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November 12, 2023, 11:04:49 AM
 #247

The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.

You can always make more money with altcoins it you know how to play your cards right. They're much more volatile than Bitcoin itself. Altcoins will always exist due to the fact that Bitcoin is open source. That allows anyone to experiment with the code and make a new coin out of it with better features. Without altcoins, there won't be a way to test Blockchain's limitations beyond Bitcoin. Having several "experimental chains" allows us to improve the core Blockchain tech for the better. The more coins there are, the better for Bitcoin.

Ultimately, the "King" is the one responsible of driving the industry all the way towards long-term success. You can see how altcoins "pump" when BTC goes all the way to the moon. Considering that there's momentum for Bitcoin, I'd expect altcoins to become bigger and stronger than ever. Hold on tight as this is going to be a wild ride. Just my thoughts Grin

You are right, we are already witnessing the ride wherein more than Bitcoin we have see Altcoins have pumped just like they did in the past and I thought to choose Bitcoin for its stability or less volatility compared to Altcoin, at the same if I need some quick profit I have to get into Altcoin, I have already witnessed it as I had invested into SOL when it was trending around $8 and cashed out when it reaches $25. I think Altcoins will exist but it would be survival of the fittest as there are thousands of Altcoins and some don't even have a clear roadmap and some have unrealistic vision. If we choose Altcoin wisely we can accumulate good amount of profit but hodling on to Altcoin on a longer run will not be a wise move because just like they pump they are prone to dump as well and not all the altcoins recover from the dump like Bitcoin does.










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November 13, 2023, 02:18:18 AM
 #248

Sincerely spiking, not all coin are scam I no our love for bitcoin is top notch, but there are some altcoin that has been following Bitcoin even though the price are not the same. Like etherium it has a total supply of approximately about 120million in cerculation while Bitcoin has 21million that ever existed so I think with amount of etherium it makes it relativly scarce there by becoming expensive. Each halving of bitcoin also goes up with etherium so I think etherium is not just like other altcoin/meme or shitcoin there about.
no one says they are all scams but majority of altcoins are , though wasn't blowing now but eventually it will end
being scams. and it is Ethereum and not Etherium mate , but what you said is correct that it is one of the most trusted and safest altcoins
have been created , imagine holding its position as number 2 for how many years when other altcoins have dropped from their ranks respectively .
The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.
The whales of the market are responsible for market price glitching; a single order such as buy or sell will jolt the market and trigger the project to move in a particular direction mostly in their calculated special direction. Altcoins are significant to traders, particularly spot traders, because they provide more opportunities for profits. Bitcoin remained the market's initial robust and prominent project. Altcoins are the primary projects that have contributed to the most of my significant profits in the system and I'll not back out from altcoins projects, specifically not now.
\How can we blame those whales when there are still stupid people that following their manipulation and as
there are still have others that is willing victim?

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November 13, 2023, 03:36:13 AM
 #249

Quote from: krishnaverma
Quote from: Jocuserious
Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion?  

The price of Bitcoin has already grown by large amount. Now alt coins have more scope for growth. That is why it makes sense to invest more in alt coins. But one should have the skills to find good alt coins. Some good projects can still beat the potential returns with Bitcoin in long term future.

Whenever the price of Bitcoin is growing on the market, altcoins price will start changing positively to increase also to make their investors know that the time to sell to make a good income is very close to investors but there are still some altcoins investors that will not sell at the moment, because they will be waiting for the price to hit higher in the market before they can sell which will lead them to miss their opportunity at the moment. Once you have the opportunity to buy when the price of altcoins is low in the market, just hold for a long years and watch what you will achieve when the price increase higher in the market which is the best strategy many altcoins investors are using to make their dream reality in the community. I don't think there is another coin that can take the place of Bitcoin in terms of pumping because whenever the price of Bitcoin move to another level, other cryptocurrencies will begin to move too.


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November 17, 2023, 04:16:04 AM
 #250

Snip
Indeed, there are several altcoins that have potential and make it possible to increase their prices again and provide profits to investors. This is different with new altcoins where there is a high possibility of being a scam. it is difficult to find potential new altcoins, so it requires in-depth analysis. Big profits are the main attraction for investors to choose coins as an investment, as is the case for meme coins, of course there are still many fans too
depth of analysis also Don't works always for new altcoins. Without any IEO,  all new altcoins are risky. But whom who want high profit, they take risk and buy new altcoins. I guess they already make good amount of other from old potential altcoins, that's why they don't afraid of lose. But investing on memecoins is stupidity. Do are also risky, those are flying cause someone want to make profit from those, that's all. Others new launched memeocin are scam, it is literally bad to buy meme or new coins for higher expectations  instead of having potential altcoins. But if anyone think those are profitable too, then what to do? We just make people aware about those

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November 17, 2023, 04:47:18 AM
 #251

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 
- Without altcoins or even less reputable cryptocurrencies, is this a real financial market? They all play a role in the bigger picture. Like any other financial market, they come with both positive and negative aspects, and they coexist and influence each other.
- In my view, unlike Bitcoin, investing in altcoins requires more skill and strategy. If you choose the wrong altcoin or make unwise buying or selling decisions, you might find yourself in deep water or facing significant losses that are hard to recover from.
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November 17, 2023, 05:04:29 AM
 #252

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 
i think everyone who invests in cryptocurrencies, definitely they knows about it's risks.
& of course everyone invest money here to get profit, scam & death both part of this investment,
how to expect only profit without taking any risk in crypto or other sector?
if you want less risk then can invest in top altcoins, most of new coins high risk & to get scam.
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November 17, 2023, 06:22:45 AM
 #253

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 
Let me say at the outset that I do not like investing in altcoins at all. But where the risk is high, the profit is also high. We know that investing in altcoins is the most risky. Bitcoin investment is risky but there is trust in Bitcoin investment. But in altcoin investment you can't depend on any situation as any moment can happen. Actually the only reason to invest in altcoins is to get high profits very quickly. But it must be noted here that investment can never be done for long term and you have to sell your investment when you get profit.

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ichsan ardi
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November 17, 2023, 12:06:53 PM
 #254

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

My opinion is right, but altcoins will give you 10x more benefits now than bitcoin, which has a very high price. At the moment, the way to play is also different. I think bitcoin is for maintaining wealth, while altcoins are for building our own wealth, but do research first before buy a coin, especially an altcoin, hopefully people who read this will get big profits in the altcoin of your choice

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November 17, 2023, 12:49:23 PM
 #255

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

Altcoins were created to add something to the blockchain, of course people will continue to innovate, altcoins are used for payments, then enter other areas of our lives.
Basically the same aims to make things easier for humanity, but some also deviate as just a pump and dump scheme.

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shushu9977
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November 17, 2023, 03:05:55 PM
 #256

Investment in crypto is profitable or harmful. If we know the crypto market very well, it will be good for us. I also find which coins are low price and If I get a little profit, I will sell. So know crypto market and invest otherwise it will lose project for us.

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November 17, 2023, 04:15:12 PM
 #257

Investment in crypto is profitable or harmful. If we know the crypto market very well, it will be good for us. I also find which coins are low price and If I get a little profit, I will sell. So know crypto market and invest otherwise it will lose project for us.

If we talk about Bitcoin then all we can say is that very useful and it will give us more profits in the long term of our investment but. We must remember that that we should not be greedy in our decision. And about altcoins which nowadys there are many scams project so we can not  say that every altcoins will be more profitable ij our investment cause once a project will failed then thier coins will be gone too. So in the world of investment we should analyze much better.
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November 17, 2023, 04:25:38 PM
 #258

Originally altcoins did not become so popular. Because many altcoins have been seen dead or mired in scams. Many people are not very interested in investing in altcoins because of scams in altcoins. But not all of the altcoins are in the same scam. As usual, altcoins offer investors a variety of investment opportunities. But not only altcoins, but all cryptos have more or less scams. It is important to pay special attention to scam-free investing in altcoins. Investing in Altcoins is good for short term trading as it provides good profit in short time and not much risk of capital.

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November 29, 2023, 08:21:45 AM
 #259

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

many people invest in altcoin (including me), because I think altcoin are an investment that can give me bigger profits than investing in Bitcoin, but the risk of investing in altcoin is definitely higher than investing in Bitcoin, therefore I agree with you, if we have to take advantage of the market situation (buy altcoin when the price down and sell when the price increase).

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November 29, 2023, 07:05:48 PM
 #260

Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 

many people invest in altcoin (including me), because I think altcoin are an investment that can give me bigger profits than investing in Bitcoin, but the risk of investing in altcoin is definitely higher than investing in Bitcoin, therefore I agree with you, if we have to take advantage of the market situation (buy altcoin when the price down and sell when the price increase).
Altcoin is one of the ways we can make fast profits from the market and that is if we are holding strong altcoins projects that have experienced team and huge community. Bitcoin is good to hold but altcoins can give us faster profits if we are holding strong projects.
There are pwp6that invest in altcoins and still make loses from them, altcoins investments are mostly based in luck for us to make consistent profits from different tokens.









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