The search for altcoin on the rise

[Joy_learns_crypto]

According to this report https://x.com/ps_cryptoding/status/1955909779647267285?s=46 the search for altcoin has reached a never seen before high, according to the article this is based on Altcoin google search.

Of late BNB got to it’s all time high and ETH reached $4500 this are more good news about Altcoin is serving as a invitation card to people who were reluctant when the price were low to come into the altcoin alliance.

Nigerians no Dey carry last for where them fit see something put for pocket na that Kind energy and spirit we get, but in the quest for something wey we go eat make the thing no eat us. If you no look well Altcoin fit chop you

Altcoin is hope to people with tight budget striking for low cap coins to generate 10x or even 1000x, no be so all the time, the altcoin market no be beans and bread.

https://www.securities.io/the-dark-side-of-altcoins-collusion-price-manipulation-and-the-cex-problem/
This article shares some insight on problems and the dark sides of altcoin

1. Manipulation: according to the article there is a deep manipulation going on between the project and the market makers. Project teams of low cap coins are usually customers of this type of manipulation. If you read the article well you will understand that the manipulative partnership between the project owners and the market makers is to create a fake picture of high demands to investors but when they enter the market crashes eventually.
2. Transparency: many altcoins no Dey transparent but them Dey create an illusion that they are transparent and sincere, they even go to use celebrities, influencers, paid shillers to make the illusion look very real.
3. Poor altcoin regulation laws: the altcoin market is poorly regulated making finding dubious altcoin easy. It is on a daily basis coinmarketcap, coingecko and other are listing new altcoins with poor regulation laws you no Dey safe buying and trusting those altcoins.

Altcoin Dey pay but no go overlook all the dark sides wey you suppose Dey aware of before buying any altcoin.

[Mate2237]

These are some of the reasons why people should not prioritize any altcoins projects and should focus only on accumulating Bitcoin because altcoins has always shown that they can't be fully trusted because of their unstable nature which has put them in a dangerous position for an one to be investing in altcoins projects, most of the people investing into altcoins are actually taking risk because in terms of price growth altcoins is associated with a stagnant increase in price meaning that investors may not be sure of profit in the  as the price of altcoins can stay down for as long as possible



Again why am not opposed to altcoins people should know that altcoins has become a tool in the hands of scams who has used altcoins to scam people because there are scams who has launched a lot of fake coins with the hopes of unsuspecting individuals to invest into the coin and make away with the money

[Joy_learns_crypto]

These are some of the reasons why people should not prioritize any altcoins projects and should focus only on accumulating Bitcoin because altcoins has always shown that they can't be fully trusted because of their unstable nature which has put them in a dangerous position for an one to be investing in altcoins projects, most of the people investing into altcoins are actually taking risk because in terms of price growth altcoins is associated with a stagnant increase in price meaning that investors may not be sure of profit in the  as the price of altcoins can stay down for as long as possible



Again why am not opposed to altcoins people should know that altcoins has become a tool in the hands of scams who has used altcoins to scam people because there are scams who has launched a lot of fake coins with the hopes of unsuspecting individuals to invest into the coin and make away with the money

I made this post about a celebrity Hasbulla and how his token was allegedly called a scam https://bitcointalk.org/index.php?topic=5545359.msg65436339#msg65436339
Hasbulla and other celebrities that has fan and people who trust then set up their own token to scam people, this is the dark side of altcoin and people still consider the meaningful altcoins like ETH, BNB, Solana and others as high.
Although in my thread I did not ask anyone to avoid altcoins but when you want to invest in altcoin you need to investigation the dangers and the dark side that comes with it.

[Out of mind]

Investing in altcoins is good but not every coin is good here, especially ETH and BNB, these two coins can be trusted. However, at present, altcoins are not a good investment at all in the hope of making a lot of profit because it is a volatile market, if it goes down once, it does not want to rise again. We always know that when we invest in altcoins as an alternative to Bitcoin, it will definitely be risky for us, although altcoins give high returns in a short time, but this happens in very few projects. Earlier I invested in altcoins, it was said that they would list the token at 20 times the ICO price when listing, but later it turned out to be completely the opposite where I lost all my money. So now I avoid all but a few altcoins, I know they will be risky, and investing here can be foolish, so Bitcoin is always trustworthy for investment.

[MainIbem]

I made this post about a celebrity Hasbulla and how his token was allegedly called a scam https://bitcointalk.org/index.php?topic=5545359.msg65436339#msg65436339
Hasbulla and other celebrities that has fan and people who trust then set up their own token to scam people, this is the dark side of altcoin and people still consider the meaningful altcoins like ETH, BNB, Solana and others as high.
Although in my thread I did not ask anyone to avoid altcoins but when you want to invest in altcoin you need to investigation the dangers and the dark side that comes with it.

There's a statement you made in your first post on this thread "Nigerians no dey like carry last" that's truth but then that's why some easily fall victim to scammers cause due to that statement(we no dey carry last) many Nigerians would fail to carry out research and buy scam coins because of FOMO. It’s Altcoins season as we can see many meaningful Alts like the ones you mentioned are on the rise, scammers, celebrities and different shitty projects would want to use this opportunity to pump their coins then dump it on the long run. People need to be careful and do proper research before buying those coins, make them no go use (9JA no dey carry last pressure buy shitty pump and dump coins).

[Dr.Bitcoin_Strange]

Most of us old forum users have experience some harsh reality of altcoins investment, even as BNB, ETH and Sol are risin, some of us here has different altcoins in our portfolio that has not had any significant rise yet and it's discouraging for some people to still continue with investing into it because of the risk attached. I know how I played around altcoins years back but now I just have zero interest for altcoins. Before you invest a certain amount into altcoins (especially the new random altcoins not BNB and ETH) you just have to prepare your mind for any out because anything can happen.

[Ever-young]

Altcoin Na one kyn gamble wey only people wey get some level of experience suppose venture into, and not newbies wey dey fyn potential investment opportunities, because some of all these altcoins, especially the new ones wey dey enter the system with promises of better future for just be one small 17 years old white boy wey come up with those projects, knack am better hype and have people trooping in, and before you know, them don carry men money japa, use your money dey cruise better lambo dey pose as forex traders. The whole point be say, make we dey super careful with the kyn token we buy put for our bag, make E no be say at the end of the day, Na aboki iron we pack full bag thinking say Na gold.

[Tungbulu]

Altcoin Na one kyn gamble wey only people wey get some level of experience suppose venture into, and not newbies wey dey fyn potential investment opportunities, because some of all these altcoins, especially the new ones wey dey enter the system with promises of better future for just be one small 17 years old white boy wey come up with those projects, knack am better hype and have people trooping in, and before you know, them don carry men money japa, use your money dey cruise better lambo dey pose as forex traders. The whole point be say, make we dey super careful with the kyn token we buy put for our bag, make E no be say at the end of the day, Na aboki iron we pack full bag thinking say Na gold.

Haha, you dey funny. Funny but true actually, I get friend wey dey steadily dey buy altcoins, any coin them him exchange send notification, E don rush go buy, and I don earn am severally say this form of Investment dey very risky but him response Na say sometimes we lose, sometimes we win, and even though him dey actually cash out from some of the coins him dey buy, the kind of losses him dey incur just massive. And this dey very dangerous for newbies wey just enter the space and dey eager to invest and make money, because him go just lose him money and before you know, them go say crypto Na scam.

[Rockson1]

Investing in altcoins is good but not every coin is good here, especially ETH and BNB, these two coins can be trusted. However, at present, altcoins are not a good investment at all in the hope of making a lot of profit because it is a volatile market, if it goes down once, it does not want to rise again. We always know that when we invest in altcoins as an alternative to Bitcoin, it will definitely be risky for us, although altcoins give high returns in a short time, but this happens in very few projects. Earlier I invested in altcoins, it was said that they would list the token at 20 times the ICO price when listing, but later it turned out to be completely the opposite where I lost all my money. So now I avoid all but a few altcoins, I know they will be risky, and investing here can be foolish, so Bitcoin is always trustworthy for investment.

The altcoin you listed has been their for a long time so going  by their continued existence I will say for the fact that they have shown long term features, they can be tried but that will only happen if you are such investor that have accumulated bitcoin to the level of speeding your coast, many altcoin has render people hopeless that's the reason I don't talk about them,.I don't like discussing altcoin especially here because there are people that are very much new in this space they are learning so what they see most of write here may trigger them to do otherwise and that why I will always talk about bitcoin, bitcoin has shown alot of strength, it keeps reassuring people that's it remains the digital gold we know, there are fake and scam project every where and I won't be happy to see anybjdy  fall victim to those traps called meme shit.