Time to switch to Altcoins?

[philipma1957]

altcoins are throw away picks mostly .

i think I am going to buy some aleo at $0.35 a coin.

[LogitechMouse]

Re: Time to switch to Altcoins?

I'll disregard VANA which the OP is shilling because... I don't want to talk about a single altcoin, but I want to say something about altcoins in general.

Is it time to switch and invest into altcoins? If you want to make more profit, then altcoins might be a good choice although let's also take note that NOT all altcoins will pump in price once Ethereum's price go up in price. When will it happen? I don't know, but when it happens, not all coins at the top 100 will pump in price. Some will go up, and some will just stay in sideways movement because there's not that much liquidity for the altcoin to pump in price.

[Dr.Bitcoin_Strange]

Currently, there are many low-cap cryptocurrencies, but I prefer blockchain projects. This is because I believe projects will be built on them, and their native tokens will be used for gas fees.

What do you think about VANA? You can also share your discoveries.

If you are investing in those old existing but successful blockchian coins, it is more less of a risk than investing in new altcoins, even if they are blockchian project but as long as they are new, always invest wisely because it's possible that they can fail too. I know of some blockchian projects in 2022 to 2024, they didn't make any successful, as we speak, the projects even seems dead meanwhile it was just a good projects with good idea but they could not succeed.

For this coin you mentioned, I can not and no body can determine if it will be successful in the future or not, but you have to risk the amount you can afford to lose so that if things doesn't go as expected, you will not feel too bad.

[Asiska02]

Re: Time to switch to Altcoins?

I'll disregard VANA which the OP is shilling because... I don't want to talk about a single altcoin, but I want to say something about altcoins in general.

Is it time to switch and invest into altcoins? If you want to make more profit, then altcoins might be a good choice although let's also take note that NOT all altcoins will pump in price once Ethereum's price go up in price. When will it happen? I don't know, but when it happens, not all coins at the top 100 will pump in price. Some will go up, and some will just stay in sideways movement because there's not that much liquidity for the altcoin to pump in price.

Altcoins should not be seen as yardstick to make much money in this bull run following your assertion of it. The market is very volatile and unpredictable but when we look deeply into how they’ve been performing overtime, one can just see that altcoins are just gamble coins that you’ll chose from, anyone that gets to do well in your favour, you should be lucky. I am beginning to feel that most of this altcoins into top 100 that have reached some good amount of price won’t even do much in this bull run even if they pump in price, the ones that are least expected will be the ones to do more of the magic.

[bhadz]

Thanks for the suggestion for going with the low cap coins. But no thanks. I have done my fair share with them and it had been so bad and I just got a lot of losses for myseld for listening to the crowd that has said that. A mistake for me and maybe it is because I have chosen the wrong altcoins, I am not going to invest anymore to random altcoins that have low cap and if I will invest to alts, I will prioritize the top ones because I have made good amount of money on them.

[Crwth]

This thread made me feel like it's not good to meddle with low-market-cap coins. They're not as volatile, and there's nothing certain about their future. A lot of AI projects seemed good in theory, but are they worth investing in? I think that's the hard part.

There's a time to switch to altcoins, which should be the top ones.

The time OP posted this is around the ATH of VANA. Now it's very low. I don't know if it could still recover.

[Stompix]

What do you think about VANA? You can also share your discoveries.

Price when OP started this topic: $35.
Price now $6.

If you would have fallen for his shilling you would have lost 85% of your wealth wth this shitcoin!

There's a time to switch to altcoins, which should be the top ones.

How has switching from BTC to ETH or SOL or ADA worked for last year?