Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Rruchi man on March 26, 2024, 01:15:34 PM
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
-
Well, not same for me, since I've had good interest in Altcoins right from the very first day I got into crypto, in fact, I didn't know anything about bitcoin when I invested in my first Altcoin, ico to be precised, it was after the ico turned out to be a scam and we all that invested lost our money, that I decided to dive deeper into what crypto currencies are actually, this was when I discovered bitcoin, and looking at the price of bitcoin back then, and comparing it to the price of some major altcoins, and also my financial situation at the time, I felt bitcoin was already too expensive to invest in (one of the biggest mistake of my life in crypto), so, I continued to pay more attention to Altcoins because I believed they would also grow to reach the price of bitcoin (my newbie mentality), I lost a good sum of money on altcoins way back then in 2016/2017, but thank goodness one later on; paid off, I made like $5000 from that Altcoin investment which automatically paid me back all I previously lost, and also gave me a huge financial boost, I was able to resign from my 6 am to 7 pm Job, started my own business and became my own boss.
Till date, I still have big interests in investing in Altcoins, but I've also learnt to keep a better percentage of my crypto portfolio in bitcoin, because bitcoin is actually the coin that moves the entire crypto market.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
When I learned about the crypto market in 2012, I was only interested in BTC, but it wasn't until 2017 that I started to get interested in ALTS because of the ICO wave boom, not because of any crypto forums, including BitcoinTalk or AltcoinsTalks. I think most investors are also interested in ALTS because of the impressive growth and huge profits they can bring in a bullrun, for example AXS had 1000x profit in the 2021 bullrun, which BTC is unlikely to do because BTC cap is quite large. However, I also think that a reasonable crypto portfolio is one that has over 50% in BTC.
-
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
The first time I was introduced to Cryptocurrency I became interested in altcoins besides Bitcoin, the market aggregator shows that there are a lot of altcoins with profit potential, if you're an investor and a trader you'll know what altcoins are worth investing in in, you just can't ignore these altcoins so many investors made a lot of money investing in altcoins than Bitcoin.
But one of the risks in investing in altcoins so many of them are pump-and-dump and some deceptive developers just hype their project and then eventually do an exit scam.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Ever since I was introduced into crypto I maximized and grab opportunities brought to us by Bitcoin and Altcoins though I knew Bitcoin at first and then followed by Altcoins which is another way to diversify our investments. Some investors might say that since they are way too late from Bitcoin they are exploring Altcoins amd made millions from it so yeah it always depends on us whether we go all into Altcoins or Bitcoin or even go both and what is important here is that we are happy with our choice.
-
That's a good influence but in my case, I have invested in many good altcoins even before joining this forum. I'm trader as well and that's why I have to sometimes trade altcoins and for that I need to do some research about the altcoins that I trade in order to be protected from scams, rug-pulls, pump and dump coins.
When my research is done about some particular altcoins and I see potential in it then I invest around 1% to 10% of my monthly earnings into that coin/token. Most of the times, I have made much higher profits in altcoins then in Bitcoin but still I would say that Bitcoin is the best choice if you want to invest huge capital because altcoins are quite risky and can lose their value anytime.
-
Altcoins always caught my attention due to its incredibly high volatility and gains.
I bought many different altcoins over the last years, lost some money and made some.
There are a few ones which caught more of my attention due to its technology, like ethereum and chain link.
Stablecoins are also amazing , because they are very handy.
-
sometimes its tempting to throw away few hundreds when you see people showing off how much money they gained after investing on new memecoins, its somehow luring when they turned $50 to $1000. its all up to you whether you are influenced or not.
you already have BTC, no doubt its the best investment we have. we all do have BTC but the side of me being a short term investor would go try out some just to see whether i can ride the wave thinking how big can i make?
-
The forum is a great community for people who want to get involved in crypto, especially altcoins, if the forum influences people to get more involved in altcoins and to learn more about them, then that is fine. But it is still worth mentioning that so many altcoins are risky and people should be careful, however if you can get one that is useful and not a scam, then you can buy and use them.
-
It is okay if you want to invest into altcoins. The profitability is there really and that can't be ignored. Me, if I've got bunch of spare money, I'd scatter it but still I'll buy bitcoins. The influence of forum is there but at the end of the day, it is your money to play with on this highly volatile market. Just DYOR and you can do the rest depending on how it's going and what you want to invest since you've got secured with your bitcoin holdings already.
-
I haven't had that pleasure yet, because I have been burned by a lot of projects before. However, this is of course not for top ranked stuff, like I always liked ETH and BNB and ADA and LTC for example, which is still going strong and I am not saying I dislike them. I meant mostly the new projects that pops up, sure they are doing airdrops and bounties and all that but that doesn't mean that we are going to have anything troubled in the end, it has to be something that will change a bit. I believe that we are going to face some more of them with this new bull run, and it will annoy us that most of them will fail.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Ever since I learned about crypto investment to be one to change people's financial stories, I haven't for one's stopped to invest in bitcoin and some other altcoins. Most of my investments made in crypto are all influenced by what I have had people say about making thousands of dollars by investing in Bitcoin and altcoin against the bull run. However, I had to join them on that angle so that I wouldn't miss the financial freedom crypto brings to her investors. It is better to a risks than not taking at all. Nobody knows where their breakthrough would come from.
-
I myself prefer the speculation section for coins that have been launched, not the coin sales period. Trading can be a solution to making money nowadays, so this opportunity is of course wide open for anyone depending on their individual risk profile.
In this forum we can see promotions as referred to in the topic, but the decision to buy these coins or tokens is in our hands. So, I personally prefer to buy strong coins based on speculation and discussion on this forum... the information here is quite valuable in my opinion.
-
Bitcoin is good for long term investment no doubt about that. In the event of altcoins in my years of crypto i also recognize the importance and value of an altcoin, not to mention the trending altcoins that have ecosystems in their platform. I think everyone can consider investing in alcoins too.
-
If society influences your investment decisions, the final outcome will inevitably be bad, so keep your friends’ opinions and feelings away when you want to trade.
Investing in Bitcoin is good for the long term, and almost only Bitcoin has the chance of making a profit with very low risks if invested in the long term, while investing in altcoins is considered somewhat risky.
Therefore, if you are a trader or short-term investor, you can invest in Ethereum, Matic (Polygon,) and some second-layer tokens, but it is always better to DYOR and look for reasons to invest, such as technical analysis, news, and other things that support your investment strategy.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
To be honest, there is nothing wrong with investing or holding Bitcoin; it's just that if you are the type of investor community in this field of the crypto industry that seeks big profit, you will not focus your attention on Bitcoin, because if Bitcoin is the only profit we can get there right now is this bull run, which is only x5 to x6, that depends on what happens.
Just imagine if that's x6, so that means the profit you can get from Bitcoin is only up to x6, but you have a profit. Right? But if we invest in altcoins and implement DCA, if we know how to choose potential in the future, the chances are high that we will get a profit because the capital that you allocate to a crypto that we choose can be repeated 10x up to 1000x. . So my advice to you is to try to research the Solana Network Dex platform you are looking for, or meme coins.
-
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Have just joined this forum recently(months ago) but I am not new to altcoins because of the other forum that i joined many years ago and from there i capture the interest of investing in altcoins .
though they are risky that I manage to lose at some point but yeah now I am familiar in how to handle them and know when to leave or invest.
this is a matter of good decisioning and yeah how we dig deeper for what currency we wanted to invest.
-
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Well, my investment decisions are barely influenced by a forum or anything else but I only invest in cryptocurrencies that I find to have enough potential to give me good profit either in the short or long term, and I make such decisions only after conducting proper research and by analyzing the projects that I'm going to invest in so that I don't fall short on anything that I must know before I go for it.
I would suggest the same thing to everyone. Always make sure that you have done enough research before you start making investments in a cryptocurrency whether it's an already existing one or is newly launched or being launched, you never know which project is good or not unless you check it out from top to bottom.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Since I started in this world of Crypto I have always wanted to have a lot of Bitcoin , but I Actually think that I started late, the first thing I Participated in was altcoins and altocoins were the ones that opened the world to me of what I Know About Crypto , So based on these things I have been Convinced that he has always looked for more Opportunities and from the Beginning what he welcomed was an interesting altcoin project, and thanks to that I learned and learned much more, but of course when One learns and sees that the things related to Altcoins are the Main thing is bitcoin because everything Changes.
That's why I Continue to focus my attention on bitcoin, but I also Focus my attention on the Relevance that some altcons have in the Crypto World , each of them has its Own Function.
-
Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
If I may ask, which altcoin did this forum direct you to and why?
I started to think more about altcoins after everything happened with Bitcoin. Among other things, pressure on anonymity and the entry of ETF cunts.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
I'm not sure about this. Because basically, I know more about altcoins than this forum. Although basically, this forum helps with many things, but in relation to investing in altcoins, for me it is not related enough. However, to be honest, in this forum there are more discussions about altcoins that are made more specifically by some of the top altcoins. So it makes it easier for all of us to discuss certain altcoins. So this makes it easier for us to search for various information related to certain altcoins on each board. In essence, this makes it easier for us to find information, have discussions, and also share and share opinions.
To be honest, there is nothing wrong with investing or holding Bitcoin; it's just that if you are the type of investor community in this field of the crypto industry that seeks big profit, you will not focus your attention on Bitcoin, because if Bitcoin is the only profit we can get there right now is this bull run, which is only x5 to x6, that depends on what happens.
Again, it's personal choice. so this will also depend on our take. But for crypto investment, for me, Bitcoin is still the first and main thing I do. Indeed, perhaps the increase is limited to a few times compared to new altcoins which can be hundreds of times. However, Bitcoin is stronger and also more convincing. Meanwhile, when investing in long term holding, the first thing I pay attention to is trust and its potential to rise again. Bitcoin? There is no doubt about it. Maybe because I'm a low-risk taker, that's why I prefer Bitcoin as a long-term holding. However, that doesn't mean closing the possibility of investing in altcoins, I still do that, but the main thing is Bitcoin.
-
I will say my experience with alt also made me give little attention to it though by it since I began frequenting this platform, I noticed I began to give alt coin attention and I am doing so with good market analysis so I do not have similar experience of the past repeating itself again.
Some altcoin are good while some are just there to fill up the vacuum and what baffles me most is that those with no utility value are the ones doing much better than the others with good use value.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
I have already been dealing up with altcoins wayback in 2016 upto now or before knowing this forum. We do know that its not bad to recognize other ways of potential earning that you could get from alts on which we know that it could also getting along with Bitcoins price trend or could go to the opposite. If you do really know on how to play with the waves then you would really be finding yourself to be effective into this market without focusing that much alone with Bitcoin. Its not that bad to consider on sticking into one option but there are people who are really that risks takers or the ones who would really be that liking on dealing up with volatility and much prefer on trading actively rather than on waiting up for too long.
-
I will say my experience with alt also made me give little attention to it though by it since I began frequenting this platform, I noticed I began to give alt coin attention and I am doing so with good market analysis so I do not have similar experience of the past repeating itself again.
Some altcoin are good while some are just there to fill up the vacuum and what baffles me most is that those with no utility value are the ones doing much better than the others with good use value.
Well yeah ever since I was introduced to the other forum, I already know about Altcoins because it has dedicated board in there and then came across to a post about this forum and then I was not that interested before but now I am active in here because I want to explore more about Altcoins.
Altcoins are the best cheap and affordable alternative investment aside from Bitcoin that is why more people are trying their luck including me to atleast make profit from it and take advantage of it's potential and prices.
-
Interest in bitcoin never decreases even if a person hear about thousands of other successful coins and this is due to the fact that bitcoin is highly successful, trustworthy and top ranked coin among other crypto coins.
Majority of people not only choose bitcoin but they also choose some altcoins with bitcoin so their profit is increased and most of the time altcoins are just for short term profit while they keep bitcoin for longer period of time. Currently altcoins are increasing quickly so if someone wants to make profit during current Bull season then they should take the risk of investment in altcoins.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
I just had the same conversation with another member just before this post, where I shared how I was into BTC when I started to make some money, my first and last priority was only BTC, but when I saw the real potential of ALTs, which I was calling risky investments, but when I saw with proper knowledge and analysis. Even with basic analysis you can differentiate good alts and can invest by managing the risk properly.
We all are investors, and we seek profits, if we are not going to get profit in BTC, which is not very true, then we have to find alternatives, I said it because everybody makes a profit in BTC the main point here is how much gains a person makes in a coin investment, minimum of 2x or 3x can be made with BTC but there are alts in the market that can make us 10x to 100x easily if properly invested. That's why I started to learn more about alts because they provide more investments opportunities. But I will say the same thing to you that, if alts give more profits then it also means they are highly risky but as I said with proper knowledge you will be fine.
-
Was interested in altcoins before joining the forum, but now more on platform X there is more interest in altcoins because there is so much news there about more popular altcoins.
Still interested in some other altcoins especially Solana when buying around $100 however it once touched $200 in a short time because of this new hype trend, but I wouldn't focus too much on altcoins because it's a little risky maybe 30% of your portfolio can be changed to altcoins rather than all BTC.
-
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Maybe several. Because, there is a special discussion regarding some of the top altcoins here. So, this will become more focused. Unfortunately, there are several things that are not yet specific. But, indeed, at least, this forum provides quite an interesting section to be used as a source for learning and getting information related to certain altcoins.
I would suggest the same thing to everyone. Always make sure that you have done enough research before you start making investments in a cryptocurrency whether it's an already existing one or is newly launched or being launched, you never know which project is good or not unless you check it out from top to bottom.
This is the right thing to do.
Investments, especially in altcoins, definitely have big risks. Although the level of risk will vary for each coin or token. However, caution in what coins or tokens are taken is necessary. Investigating or researching first before deciding to invest in altcoins is very necessary. This doesn't make it zero-risk, but at least minimizes the risk. because, if we have gone through the analysis stage, this will make us more aware of what coins we should invest in and which ones we shouldn't, which ones have a higher risk, which ones don't, and are also related to the profits we are likely to get.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Yes, for me I will say that in this forum i have learnt alot about BTC and many ALT coins. Doe I have been interested in BTC before I joined this forum.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
I guess everyone has that in mind to invest specially if we read people making a lot of money from altcoins. But just like you, we really don't know where to start or at least we don't want to spend that time to investigate or doesn't want to go to that length as our coins of choosing might not be successful. And so our primary advise is just to invest on solid altcoins like in the top 10 so that we can sleep without thinking that our altcoin investments will not go to 0.
-
I guess everyone has that in mind to invest specially if we read people making a lot of money from altcoins. But just like you, we really don't know where to start or at least we don't want to spend that time to investigate or doesn't want to go to that length as our coins of choosing might not be successful. And so our primary advise is just to invest on solid altcoins like in the top 10 so that we can sleep without thinking that our altcoin investments will not go to 0.
In Altcoins it is not easy to make a profit, there must be a sense of courage to fight the existing risks and you must use money that is not being used in the near future, because no one knows where the price of altcoins will go. If you want to enter the altcoins that are in the top 10 , it is the best choice because until now the price is still quite stable. The important thing is to remain patient and not be easily influenced by market situations.
-
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
Have just joined this forum recently(months ago) but I am not new to altcoins because of the other forum that i joined many years ago and from there i capture the interest of investing in altcoins .
though they are risky that I manage to lose at some point but yeah now I am familiar in how to handle them and know when to leave or invest.
this is a matter of good decisioning and yeah how we dig deeper for what currency we wanted to invest.
Decision making is not an easy thing in crypto, sometimes we think we have the right and right moment to enter and exit, but in reality we sometimes miss it,
here we have to research a lot of altcoins which have potential and which don't, a very tough task where there are lots of new altcoins appearing, if you want to be safe I think investing in the top 5 altcoins is better than investing in new coins
-
Decision making is not an easy thing in crypto, sometimes we think we have the right and right moment to enter and exit, but in reality we sometimes miss it,
here we have to research a lot of altcoins which have potential and which don't, a very tough task where there are lots of new altcoins appearing, if you want to be safe I think investing in the top 5 altcoins is better than investing in new coins
There is no altcoin that can provide a guarantee of security or profit. All altcoins have very high risks and you have to accept that risk. Trying to invest in the top five altcoins is the right choice rather than having to invest in an altcoin that has just been created, of course. alone will have a higher risk than the five altcoins you choose.
-
I have had some little interests in altcoins for a very long time and I cannot say it is because of any negative experience I've had but because I have really never paid attention to them and my attention has been mostly on only Bitcoin. Since I have been in this forum, it has not lessened my interest in bitcoins, but makes me also want to consider investing in some altcoins too.
Who else has had themselves influenced to want to invest in some few altcoins since joining this forum?
I just want to ask you, OP, have you always held bitcoins and done DCA in your few years here in the crypto space? And now you are thinking of investing in altcoins? Or maybe you just realized something or realized that when the altcoins you invest in are right and the chances are higher that you will get a big profit compared to bitcoin?
Well, for me, what you do is right if your intention is a bigger profit opportunity. Because that's also the reality that actually happens a few years later. Bitcoin is okay if you hold at least more than 1 bitcoin, but if it is less than at least 0.1 bitcoin, like what I read in the forum, on the other hand, it will not give you chances to buy a house and lot.
-
Even in the other forum, there's altcoins section. So, it doesn't sound like it is only in this forum we hear and know of altcoins. Although, this forum dedicated to only altcoins should give a different motivation to be more involved in altcoins. I have the fear of investing in altcoins after I lost so much money in it.
-
The solution can be found by finding hot coins for example on Gate, Kucoin exchange or Binance. You can also find the best current solution for the current money that is offered through the applications. Doing campaigns can lead you to a position of waiting for a sale or before that an additional purchase before the profit zone.