Why do you still Invest in the potential heartbreakingly AltCoins?

[Dunamisx]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

The problem is that people were aware of the potential risk in making investment in any altcoin, but the need for money as profits on investment is what many keeps hunting after in looking out for any new project that they may believe in its potentials for rising fast and from there they make an investment that turns into loss on them, though its not something bad to take risk on investment as not everyone of them is loosing like that, some are still earing and making their profits but few investors.

[1715058419]

1715058419

[Essential10]

With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Of the thousands of altcoins on the market, most are risky. Yes there are still some alt coins, from which there is a good chance to earn money.  There is also another special factor that is the price of altcoins, many people are still involved in investing in altcoins due to the low prices. I think some of the best altcoins worth considering as an investment are Ethereum, BNB, Litecoin, Solana among the top alt coins. These coins are well known and old coins in the market. I think atleast you won't lose money if you invest in mentioned coins instead of investing in crap altcoins.

[justdimin]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

The problem is that people were aware of the potential risk in making investment in any altcoin, but the need for money as profits on investment is what many keeps hunting after in looking out for any new project that they may believe in its potentials for rising fast and from there they make an investment that turns into loss on them, though its not something bad to take risk on investment as not everyone of them is loosing like that, some are still earing and making their profits but few investors.

I agree that taking risks is something we need to do during altcoin investment, we can't be always right but if we are in profit overall then we are doing a good job. I realize that it is not that easy of a decision to do something like this, and it would require a steel emotional endurance for people who can invest and see their investment go down, but if we can somehow endure it then we can make a profit as well.

I have seen people who make a lot of loss, and I have seen people who make a lot of profit as well, there is really no correct answer on this. Without testing out yourself, you will never know if you are one of those who made a profit, or if you are one of those who made a loss, so it is not an easy decision.

[Silberman]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

With the exception of ethereum and some stable coins, I do not really bother to look at altcoins anymore, the time needed just to find a coin that may seem to have some potential is so high, and the potential rewards so low, that I prefer to do something else with my time, I will acknowledge that when I was starting out I was more interested in altcoins, but over the years I have seen thousands of coins disappearing, so I have almost no excitement left in me for altcoins any longer.

[tengui]

The large number of altcoins that have appeared indicates that crypto is increasingly popular and continues to grow, although on the negative side, competition is getting tougher and more and more projects are failing because they are unable to compete. but you don't need to think about this because all you have to do is do research to find quality projects that are worth investing in.

[LogitechMouse]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Altcoins isn't reputable? Reliable? Why are you generalizing all of altcoins?
Most of the altcoins might be like that, but some are trustworthy and have been there for a long time hence, they're considered safer altcoins to invest your money with compared to some altcoins. Some altcoins out there are considered "established" enough.

I think we will all agree if I say that Ethereum is considered a reliable altcoin to invest your money with because it has been the top altcoin for a long time in terms of market cap.

Re: Why do you still Invest in the potential heartbreakingly AltCoins?

Investors love to gamble therefore, they want to test their luck. There are some investors out there hoping that they might earn huge money if they will invest into altcoins, especially those low market cap ones.

[Kristiyana]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Altcoins isn't reputable? Reliable? Why are you generalizing all of altcoins?
Most of the altcoins might be like that, but some are trustworthy and have been there for a long time hence, they're considered safer altcoins to invest your money with compared to some altcoins. Some altcoins out there are considered "established" enough.

I think we will all agree if I say that Ethereum is considered a reliable altcoin to invest your money with because it has been the top altcoin for a long time in terms of market cap.

Re: Why do you still Invest in the potential heartbreakingly AltCoins?

Investors love to gamble therefore, they want to test their luck. There are some investors out there hoping that they might earn huge money if they will invest into altcoins, especially those low market cap ones.

Yes I totally agree with you if you say that ethereum is considered as the most reliable altcoin to invest on, reason is because I have been seen a lot of people investing on ethereum that's to show how trusted and secured it is and is obvious that ethereum has a better future so haven't known this I think I will be investing on ethereum this time.

[Dailyscript]

There is no investment that has no risk, so we shouldn't make it look like altcoins are bad investments. There are risks in investing in bitcoin, just like in altcoin. The only difference is that altcoins have a higher risk in terms of trust and potential, and they are sometimes manipulated by central authorities. Most people invest in the stock market, where there is a lot of manipulation, yet every day we see new investors trooping into the stock exchange market. Bitcoin is rising in the bull run so will altcoins rise in the bull run.

[Adreman23]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Not all altcoins lack reputation and reliability.. just look at the top ten altcoins that have proven their success, such as eth, bnb, solana, ada and others. I believe these are what other investors are seeking,,not just profit, but the chance for an altcoin to emulate the success of the top ten. That's why they continue to invest in altcoins.

If I were to advise others about altcoin investments, I always stress the importance of DYOR (do your own research).

[o48o]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Why? Because there's a higher growth potential with smaller marketcaps and smaller marketcaps tend to be more volatile, so higher gains can be achieved in shorter time frame. And it's not like all altcoins are the same.

It's like asking "Why are you buying these other stocks? Why aren't you buying only microsoft stocks when it has the highest marketcap?" Maybe people see better future or short time future with other coins.

Some of the young people are only in this for meme value, buying meme coins because why not? Bitcoin was the outsider fringe money against the suits for a long time. Now when suits are buying it, it's the meme tokens that are money against the suit. Obviously suits don't want it or buy it, because they think it's dumb and that's the point. They also thought bitcoin was stupid and a scam at some point. Some still do.

And don't pretend bitcoin doesn't have any risk. Richer you got with it, higher risk you took. And early in bitcoin, risk was insanely high. Why people didn't buy microsoft or apple then? Why they risked it and bought btc?

[Dimitri94]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

In reality, not all altcoins are bad. If it is possible to buy some top and good potential coins then I must say that Altcoins can also be the best way to invest. Although there is no better investment medium than Bitcoin, those who want to invest in altcoins can definitely make a decision. There are many altcoins in the market not all of which are good coins. The investor must take investment decision carefully or else his investment may be lost. If you invest by doing market analysis, there is a possibility of getting good returns in the long term if not in the short term.

[terrific]

Being a bitcoin maxi won't hurt you at all but there are investors that realizes that there are quicker gains with altcoins.
You can decide what to invest and bear the losses and enjoy the profits later on. Because you are the one who's going to choose and pick your investments and you're also the one to decide when you'll sell them in profit or in cut losses.

[Muslimin mj]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

I'm sure everyone invests in altcoins because there are so many altcoins that have the opportunity to grow and develop in the future. But here we are not here to advise each other, but to share information with each other. and I think Altcoins have given many people a huge advantage. and my advice is to choose old altcoins that have proven capable of surviving and continuing to grow from year to year.

[snowpega]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Dear, I would not suggest you to invest in any of the altcoin projects but in my view, you are somehow wrong here because not all the altcoins projects are scamming or shit. Although investing in altcoins is very picky part one has to conduct good research before investing in the altcoins if one does not have good information about how to conduct good research one may have to face some problems investing in altcoins I am saying this because some altcoins includes big risk over the investor funds.

Now you may wonder why I am saying you are somehow wrong because Ethereum is also an altcoin along with this Solana is also an altcoin these are strong projects with a strong ecosystem. Dear must conduct research before making a thread on this kind of discussion that may be a good thing for you. Actually some altcoin has strong community and strong ecosystem which seem to be a good project that can perform well in the long term or sometimes in short term. DYOR!

[deathcode]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

I'm sure everyone invests in altcoins because there are so many altcoins that have the opportunity to grow and develop in the future. But here we are not here to advise each other, but to share information with each other. and I think Altcoins have given many people a huge advantage. and my advice is to choose old altcoins that have proven capable of surviving and continuing to grow from year to year.

Some people like to invest in new projects. but old altcoins may indeed minimize risk, we know some people prefer to invest in new altcoins for certain reasons. Of course, it is riskier but we see some of the altcoin investors making a profit. Still, it doesn't cover the risks, but everyone who invests in crypto still has to be brave enough to take risks.
I avoid advising someone in choosing their investment assets. let everyone come up with their approach to building their investments.

[el kaka22]

It is like a political party or a sport club thing at this point. Some people go into a community, get friends there, for real there are telegram and discord places for the community of a project to get together and in those places people chat everyday and make friends, and they grow in stature there too because the longer you are there and the more you chat there the more attention you will get and this will make you like the project more.

Now, imagine about a project, some coin somewhere, which has a telegram group where over hundreds of people, maybe thousands, know you and like you and respect you, suddenly it doesn't matter if that project is profitable or not right? This is why it is such a risk, and people just hang onto these projects.

[Bitstar_coin]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

You can invest in whatever pleases you. If you think altcoins gives you heartbreak and not reliable then invest on btc which is the most reliable digital currency on earth.
I don't know what experience you have with altcoins investment but I can tell you that the best time to hold altcoins is now, sell at peak and wait for the right time. Reason why most people often get rekt by altcoins is buying at the top and holding it into the bear market.

[Troytech]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

Good topic, I'm Really interested in the comment section and would love to see why people have keen interest in altcoins despite knowing the risk involved.

80% of people that invest in altcoin only do for quick profits or for the reason that they are looking for an alternative to bitcoin since they feel bitcoin is too far gone to invest in.

Whole others are here cause they want diversifying into other crypto which is such a bad idea to me cause having bitcoin is good enough and all other AltCoins are just copy, so why invest in a copy and the original when diversifying should be in other areas or types of asset like properties, stock and bond that would give you a better sence of safety.

[Promocodeudo]

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

People keep investing in this coins hoping that it might be a profitable asset but they keeps failing, that's why I always say that no matter how promising an altcoin looks, it can never be compared with bitcoin.
They altcoin I can advice people to invest in is those ones following Bitcoin as it keeps pumping up, example of these coin are Ethereum and BNB, these aforementioned coins has shown a high level of appreciation with the help of bitcoin, generally altcoin is just an imitator, people just create this coins to see if it will be liked and circulate as Bitcoin but to no avail. Bitcoin remains the only digital asset that brings joy to the people in a long term.

[Rasa nanas]

please tell me where there is a place without competition? Even our work or business is full of competition.
Likewise with crypto, as time goes on more and more new altcoins will emerge and competition will get tougher. We as investors are required to be careful in investing. My advice is to do research before investing and try to choose the most popular altcoins such as ETH and BNB.