Should you invest in Altcoin?

[vegasus]

I think you can also buy Altcoin now, because now the market price is also a good start for increasing all altcoins ~snip~

The market declined quite significant currently, just check coinmarketcap. We cannot rush to buy coins right now, monitor the market condition firstly. I have a bad prediction that the price look like to go down again. So, never rush to buy!

[Jee]

Avoid the hype from those distributed by the coin community.

This is for sure, i have been following so many coins communities and they all of the time give misleading information to pump price so they can sell what they got in their bags. the greedy people will fall in the trap. 

[micjoh]

Surly you should invest in altcoins,most of the altcoins available in the market are bad.so especially you can invest some top 50 coins,these coins are have a  great potential for future growth.

[Marby]

I think investing in Altcoin is also a good way to make profits in trading, because now market prices are increasing every day, so you can also invest in Altcoin now. so you will also get a profit every day.

[RapidRabbit]

If you have some free money to spare, of course, why not. It is always worth a try.
Of course, in this case you have to chose which coin is worth of your attention. For me, I like to feel to be a part of the project when I'm deciding to give my money for it. That's why I'm investing in coins like a FuturoCoin, its team have a good contact with their community so I could be happy about being a part of its success.

[Quart]

Altcoins are absolutely good options to invest. I think someone won't focus to invest in Bitcoin only. Ethereum, Ripple, and many other potential altcoins are also favorite coins to invest right now. We need to follow it, invest in altcoins is also needed.

[Hongy]

I think now there is no doubt to invest in altcoins, because now the altcoin price is still cheap, so now you can still get good profits in the future by waiting for the increase in altcoin prices to increase, because now the market prices are getting better every day

[Knaw]

for me to see the current situation is also the right time you can buy it, because now market price developments are also starting to grow, so you will also get good profits with price increases, so you can better hold it for some time waiting for higher increases.

[Marby]

I think now there is no doubt if you invest in Altcoin now, because now the price of altcoin is also still cheap, so you will also generate good profits to wait for the upcoming bullrun increase.

[Ferandil]

Altcoins are great because many of them are focused on making a community around them. When you're investing in altcoin, you're not only trying to make money, but you're also becoming a part of something more. This bound with the community is the most attractive thing for many people who are looking for crypto to invest. A few days ago I have a pleasure to be on FuturoCoin conference - and it was great to see that cryptocurrencies aren't just money - the most important are people behind them - their creators and community.

[DAMKAR]

Recently, many Cryptocurrencies have been created and the rapidly changing market landscape, all investments in Cryptocurrency can be high risk. Even Bitcoin which is by far the most stable crypto also shows a fluctuating price.

For comparison, though, altcoin prices are more volatile due to low market cap, altcoin markets are particularly vulnerable to price manipulation. Investors who have a large capital called "whale" - often inject large sums of money into coins that have low prices to build sensations and cause the price of the coin to skyrocket. Once the price has increased, he sells their coins on the exchange with huge profits, making many other investors deceived in the process. This method is known as "pump & dump." This can not only hurt greedy traders who do not take the time to analyze their investments, but are often shown to cause altcoins to have short lifespan.

To avoid losing all your investments due to pump & dump, focus long-term investments on coins that you believe have great potential and show good health. Generally, healthy altcoin has a strong community, shows high liquidity, and has a team of developers who proactively improve the source code of the coin. The comprehensive loginitma of CoinGecko metrics analysis statistically analyzes these three important factors and ranks the coins according to the overall strength of the coin.

If you choose to invest in altcoin, it is important to remember some basic principles of investment. Avoid the hype from those distributed by the coin community. Every investor has an agenda, so it's best not to take their word round. Invest only on coins you have previously worked on. It is not wise to invest in something you do not understand. Making an investment based on the wrong information is a sign that you will lose your hard-earned money. Take the time to research the coins you would consider a long-term investment, and research the market situation before you try to become a high-volume short-term trader. Most importantly, never invest more than your ability to take losses. Too many people lose their life savings by focusing them on a volatile investment.

For now,  I still invest in alcoin,  do trading and joun bounty campaign.. I see crypto market  is struggling  now.  But I believe  It will rise soon.

[Zemytha]

You are right. However, you cannot predict which coins will be dumped and pumped. Even though you only buy 1 altcoin and hold it for a long time, you still won't hold it if the price drops.

[abdmuiz]

Kiripto Masih tergolong sangat baru berinvestasi di luar kemampuan kita sangat lah berbahaya,tapi jika anda punya uang lebih ,dan tidak takut ke hilangan ini merupakan langkah yang sangat bagus

[sr.arthur4868]

Yes. Should. Altcoin allows me to collect Bitcoin quickly. Investing in altcoin is more profitable than investing in Bitcoin. Because Bitcoin is being unstable. And on the other hand, more altcoins have increased. So it's more profitable in altcoin.

[gurunanakji777]

One should invest in high trading volume coins and always avoid the pumping dumping coins. Investment should be wisely done before any investment do your own analysis do not believe on other analysis. Always invest the money that you afford to loose. We all know altcoins are the best way to make money as Btc is quite expensive.