Why do you still Invest in the potential heartbreakingly AltCoins?

[rojan]

Many have a bad experience with alt coins.  This is because many people invest in scam alt coins instead of investing in trusted alt coins and suffer losses.  Not all alt coins are scams.  Before investing in alt coins, one should know and know well before investing.  Also Ethereum, BnB, solana are not risky to invest in and they are trusted.  Anyone who wants to invest in alt coins can invest in them.  Others cannot be guaranteed.

Some people get scammed by investing in scam coins and they think that investing in all alt coins is a scam. Investing in trusted alt coins like BnB and Ethereum is risk free. And if we are wrong  If we invest in any scam coins then we will have the risk of losing all our money. Before investing we have to think carefully before investing but we can be successful by investing. Due to our small mistakes while investing all our money will be at risk.

[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?

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.

I believe that it would be the smartest decision as well, looks like we are going to just get better at it and we should be considering that as the most important one. I believe that people are reacting to it like it is the biggest deal, but it is not that important to find an altcoin to make the most amount of money, I think it is quite fine to just invest into bitcoin and go with that, I think that doesn't really change much of the situation.

I hope that people could change to a point where it is going to be all that complicated, it is a lot better and we should probably just focus on bitcoin as a single coin more than we invest into anything else. I am not saying don't look at alts, just not marry any one of them at all.

[tengui]

Many have a bad experience with alt coins.  This is because many people invest in scam alt coins instead of investing in trusted alt coins and suffer losses.  Not all alt coins are scams.  Before investing in alt coins, one should know and know well before investing.  Also Ethereum, BnB, solana are not risky to invest in and they are trusted.  Anyone who wants to invest in alt coins can invest in them.  Others cannot be guaranteed.

the reason is because they want big profits in a short time. if they choose to invest in big altcoins like ETH BNB and SOL it is impossible to get big profits in a short time. In essence, they don't understand the risks of the investments they make and they only see the opportunities for profit that they will get.

[Yatsan]

Higher risk means high rewards. Lthough I'm not a fan of putting that much to a risky yoken, I still acknowledge those who does. It is either they have high risk appetite or they just believe on things or the project itself, and that simply subjective. If you, yourself, is not on the same mindset then you're free to avoid these tokens 'coz there are other options in the first place in particular with major tokens of the market which are considered to be less risky. My acknowledgement is because I saw some of my friends who earned 200x from a 'trashy' token. However, it won't be a waste if they earned profit from it right? Some tokens are needing years before it blows, although not all, but the chnce would be always there. Also, you won't put that much of money if you don't know what you are engaging yourself with, right?

Many have a bad experience with alt coins.  This is because many people invest in scam alt coins instead of investing in trusted alt coins and suffer losses.  Not all alt coins are scams.  Before investing in alt coins, one should know and know well before investing.  Also Ethereum, BnB, solana are not risky to invest in and they are trusted.  Anyone who wants to invest in alt coins can invest in them.  Others cannot be guaranteed.

the reason is because they want big profits in a short time. if they choose to invest in big altcoins like ETH BNB and SOL it is impossible to get big profits in a short time. In essence, they don't understand the risks of the investments they make and they only see the opportunities for profit that they will get.

It is possible but depends on how you view 'quick' and short period of time. If it is 2 months then yes it is possible. Saw this with some meme tokens recently but ofcourse, knowing how those altcoins move in general, increase won't be that long therefore you should know when to pull things out, and that is with urgency if you don't want to suffer from loss. Let's be straight, altcoins are more volatile but still, it means that higher profit is there but obviously, with high risks involved.

[odunybiz]

Many have a bad experience with alt coins.  This is because many people invest in scam alt coins instead of investing in trusted alt coins and suffer losses.  Not all alt coins are scams.  Before investing in alt coins, one should know and know well before investing.  Also Ethereum, BnB, solana are not risky to invest in and they are trusted.  Anyone who wants to invest in alt coins can invest in them.  Others cannot be guaranteed.

the reason is because they want big profits in a short time. if they choose to invest in big altcoins like ETH BNB and SOL it is impossible to get big profits in a short time. In essence, they don't understand the risks of the investments they make and they only see the opportunities for profit that they will get.

Even this big altcoins are can give high profit like you said. This is why some investors invest in new altcoin as they believe they have the potential of giving huge profit within a short time.

[NewRanger]

The truth is in the altcoins you are probably going to meet a coin that can reward you massively, that's one major reason people invest in them but the difference is that we only invest (gamble) with what we can afford to lose, so at that we don't long bother whether it works or not but at least out of 10 Altcoins one should at least cover the expenses of the rest and so on.

But mind you, give financial advise is not my thing because if the person fails in anyway it turns out that you will be blamed for that and can even brake relationships so I don't attempt.

Yes and I think even though we get a pump when we are lucky, it is only temporary but if we buy the right coin, it is a good decision, but when we get caught in a shitcoin, it may be a disaster for us. Well, this is where the project fundamentals speak and are important when we want to accumulate our assets.

And in fact, most of them lack knowledge when starting to trade in the crypto market, especially when the hype is high, so it is easy for them to experience losses, especially without knowledge we will only spend our money on useless things.

[Silberman]

the reason is because they want big profits in a short time. if they choose to invest in big altcoins like ETH BNB and SOL it is impossible to get big profits in a short time. In essence, they don't understand the risks of the investments they make and they only see the opportunities for profit that they will get.

To search for profits is natural and it is something that all investors do, but where to look for those opportunities is the problem, those that have experimented the ups and downs this market can create, have decided to stick to the best coins on the market, coins like bitcoin, ethereum or solana, but there are many other investors that want to obtain massive profits in a matter of months, and since this is not possible anymore with those coins, they invest in new altcoins thinking this is the road they have to take to achieve the success they want, a mistaken decision but a very common one.

[tengui]

Many have a bad experience with alt coins.  This is because many people invest in scam alt coins instead of investing in trusted alt coins and suffer losses.  Not all alt coins are scams.  Before investing in alt coins, one should know and know well before investing.  Also Ethereum, BnB, solana are not risky to invest in and they are trusted.  Anyone who wants to invest in alt coins can invest in them.  Others cannot be guaranteed.

the reason is because they want big profits in a short time. if they choose to invest in big altcoins like ETH BNB and SOL it is impossible to get big profits in a short time. In essence, they don't understand the risks of the investments they make and they only see the opportunities for profit that they will get.

Even this big altcoins are can give high profit like you said. This is why some investors invest in new altcoin as they believe they have the potential of giving huge profit within a short time.

Yes, big altcoins can also provide big profits, but not as big as new altcoins. getting 2x or 3x profits from big altcoins takes quite a long time, and maybe you have to wait for the bull run that occur every few years. but in the new altcoin you can get 10x profits or even more in a short time and don't need to wait for the bull run.