is it still risky to Invest into Altcoin now?

[AakZaki]

If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.

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[krava22]

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It is a pity that tournaments do not last long, so it would be possible to win more prizes, but so I only participated for a week and did not get the right number of points to get 200$

[Yamifoud]

If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.

It was risky and we can't deny that but because we don't invest blindly, that will change the direction and the risk chances of losing. As long as we are choosing known altcoins, the risk doesn't matter as we are certain as well that we buy only the projects that are worth holding. Because no matter what we do risk remains and the only thing we can do is be wise in choosing these altcoins. We never lose OP from investing altcoins if we know what we are doing.
 - choose the right coins, hold, and wait for the price to move high. Because if altcoins are worthless, nobody will take it but as you can see, there are a lot of people holding them.

[Anguwa]

Both altcoin and bitcoin investment involves risk taking, some professionals said that the more the risk, the more the reward.
Altcoin investment will always be risky at anytime irrespective of the bitcoin price movement, if the price is moving in positive direction, altcoin investment if proper research is done is profitable, but if the price movement go the other way round, then it is very risky to invest.
Generally, altcoin investment is more riskier than bitcoin investment.

[AakZaki]

It was risky and we can't deny that but because we don't invest blindly, that will change the direction and the risk chances of losing. As long as we are choosing known altcoins, the risk doesn't matter as we are certain as well that we buy only the projects that are worth holding. Because no matter what we do risk remains and the only thing we can do is be wise in choosing these altcoins. We never lose OP from investing altcoins if we know what we are doing.
 - choose the right coins, hold, and wait for the price to move high. Because if altcoins are worthless, nobody will take it but as you can see, there are a lot of people holding them.

Wisely choosing altcoins will only be done by those who understand and understand how to choose altcoins that can really be profitable.
Correct and durable coins are coins that have had good development.
Whether or not it is risky to invest in altcoins at this time depends on how the market trend is going and what coin is chosen. Many beginners only see coins from the hype, not seeing how the coin will survive or not in the long term.

[Lamkuthang]

Generally, altcoin investment is more riskier than bitcoin investment.

That's right Anguwa and there are many things that will happen if we make the wrong choice. So I think 2023 is the year that will make us always smarter in choosing and selecting what is potential and what is not potential for us to invest in.
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[MaryAngela_Fantocci]

I believe that the weight of BTC in a portfolio should be dominant, and in altcoins it is necessary to diversify as widely as possible. And even then, there is no guarantee that there will be capital gains. Also you need to know when to take a profit.

[Dr.Osh]

If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.

well, besides, there are too many altcoins, the risk level of each altcoin will be different. If you want to minimize risk, you should choose popular altcoins as mentioned. I myself choose Ethereum and BNB. I really believe that the price in the future will be high, although there are still risks to that. However, all types of investment, especially crypto, will still have risks, even when you choose the best crypto. It's just that the level of risk varies.

[wajik-tempe]

Both altcoin and bitcoin investment involves risk taking, some professionals said that the more the risk, the more the reward.
Altcoin investment will always be risky at anytime irrespective of the bitcoin price movement, if the price is moving in positive direction, altcoin investment if proper research is done is profitable, but if the price movement go the other way round, then it is very risky to invest.
Generally, altcoin investment is more riskier than bitcoin investment.

Altcoins' recent volatile surge, outpacing Bitcoin gains, suggests a risky market. While potential profits exist with thorough research, the quick gains and abrupt losses underscore the uncertainty. For those seeking immediate profits, engaging in quick trades may be a more prudent approach, given the current unpredictable altcoin market dynamics.

[andyou1234]

If you are afraid of the risks that altcoins have, it's better not to get involved in them, because cryptocurrencies will always have very high risks, but if you have a lot of mentality and courage and have knowledge about the crypto market, then I suggest you Don't hesitate to invest in altcoins because this can give you big profits.

[AnonBitCoiner]

Both altcoin and bitcoin investment involves risk taking, some professionals said that the more the risk, the more the reward.
Altcoin investment will always be risky at anytime irrespective of the bitcoin price movement, if the price is moving in positive direction, altcoin investment if proper research is done is profitable, but if the price movement go the other way round, then it is very risky to invest.
Generally, altcoin investment is more riskier than bitcoin investment.

The sentence told by expert that more the risk more will be the reward is accurate, sometimes people get feared about bitcoin volatility therefore they don't want to accept it but I think that those who think positively about bitcoin will surely understand that wait is must for taking profit and risk can be managed if they understand strategies well.

Altcoins are profitable too but as demand for bitcoin higher therefore people prefer bitcoin more than altcoins and also most of altcoins loss their value due to which the better altcoins loss their value too. Risk is associated with both bitcoin and altcoins but its up to you that how you handle these risk. Try to solve the issues instead of leaving the issue without any solution because if you choose more risky investment and know strategies well and also have patience then no matter its bitcoin or altcoins but you will easily get reward from your selected coins.

[terizla]

Until now, the Altcoins is more risky than Bitcoin, this is not recommended to hold huge amount for longterm. Because some of them will always have news that has a very big impact on the price. Like one of them would be the top gainers or top losers.

[Hypnosis00]

If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.

well, besides, there are too many altcoins, the risk level of each altcoin will be different. If you want to minimize risk, you should choose popular altcoins as mentioned. I myself choose Ethereum and BNB. I really believe that the price in the future will be high, although there are still risks to that. However, all types of investment, especially crypto, will still have risks, even when you choose the best crypto. It's just that the level of risk varies.

If we could understand the underlying situation of the market and how crypto investment really is, many none risk-takers would do this.
Unfortunately, we can never change the nature of the market, investing here is too risky especially for new and hyped projects, most of them turn into a scam a reason why we should take extra caution when investing. Well, the best choice is to pick the top and known altcoins in the market but still, it never guarantees profit as it depends on the capability of the investors as well and that really matters in investing crypto.

[Makus]

Until now, the Altcoins is more risky than Bitcoin, this is not recommended to hold huge amount for longterm. Because some of them will always have news that has a very big impact on the price. Like one of them would be the top gainers or top losers.

Absolutely correct sir, though bitcoin and every other coin, token... in the crypto world are risky to invest in, that why most people often say, invest what you can afford to loose. But technically that statement is wrong, no matter how small it is, there is always an emotional impact when we loss some of our money, despite the source. So investing in altcoins is risky so as investing in bitcoin, but that of Bitcoin is better than altcoins. Even the SEC acknowledge Bitcoin for what it is, so how much more we the bitcoin enthusiasts. As bitcoin price goes up, most altcoins will definitely follow, so investing in some altcoins now, isn't a bad idea but I refer to just concentrate my holding on Bitcoin alone so don't get tossed around by this price movement of shitcoins. Holding bitcoin for long time will definitely give you some profit with satisfaction of holding experience.

[ichsan ardi]

I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

I don't think it's too risky, but it's called investment. There's definitely a risk that altcoins are also risky, but compared to altcoins, there are things that are much more risky, namely memecoins, which can make our money disappear. I suggest you to pay off altcoins in installments instead of timing the market and then you'll miss the moment and I think it's still There are many altcoins that can give us 10x more profits. Do your own research. It's better to pay in installments than not at all.

[super bako]

If you say this will be risky, of course investing in altcoins will be very risky. But we as traders or investors must first do research on the altcoin we will choose. But for Altcoins such as ETH, BNB, SOL etc. there is no need to do too detailed analysis because they are altcoins that are quite popular. I even have some ETH and BNB to hold for the long term. Don't choose an altcoin whose project is still unclear, its goals and development are unclear.

What I have experienced when entering the bull season is that many altcoins are significant until this meme coin gets carried away. Of course, when investing in meme coins, you must be really careful and there is a big risk that you can damage portfolio. but most of the time during the bull season it is better than the bear season the meme coin that I bought can get a big pot of money, yes even though it is just an unclear coin and there is no significant that occurs in the bear season

[Bedechike111]

Quite interesting to see how AI altcoins is playing out. AI-based altcoins are able to provide more efficient and faster transaction processing times, which is essential in today’s fast-paced digital economy. Currently I've been exploring inQubeta and their recent developments By creating a platform that allows for fractional investment in AI start-ups using QUBE tokens, they're bridging the gap between investors and start-ups, creating a more accessible and democratic investment ecosystem for everyone.

[Bushdark]

All financial investment has their own risk whether we are investing in the Crypto market or other financial markets.
Whether we are Bitcoin investors or altcoins investors, there are different level of risks that we need to take to become profitable.
We can make huge profits from the market if we know how to identify good altcoins and invest in them. There are crypto projects that can give us like 100x to 1000x depending on how liquidity and strong the team are.

[kentrolla]

All financial investment has their own risk whether we are investing in the Crypto market or other financial markets.
Whether we are Bitcoin investors or altcoins investors, there are different level of risks that we need to take to become profitable.
We can make huge profits from the market if we know how to identify good altcoins and invest in them. There are crypto projects that can give us like 100x to 1000x depending on how liquidity and strong the team are.

Yes indeed, there are risk factors involved with all the financial investments but what I tried to define here is that Altcoin contains more risk than Bitcoin and it's pretty obvious that it has capability to give much higher return but we shouldn't sideline the fact that only few Altcoins can be successful and give profit as rest would fail like they did in the past. Everyone will have different opinions and majority of us don't want to risk everything and we are okay with gradual profits but a guaranteed one instead of quick profit with risk potential of losing it all.

[rodskee]

If you are asking Altcoin in general , there is always safe altcoins to invest and those are Ethereum ,
Binance and  Ripple because they have proven to be strong and worth investing coin so the question should be addressed
in Shitcoins or those bs meme coins .

https://coinmarketcap.com/

Just find your coins in top 5-10 currency and you will be safe mate.