Quote from: fortunecrypto on January 23, 2020, 10:43:37 AM

Quote from: owmivmen on January 19, 2020, 01:51:47 PM

many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.

I don't think so, but there are exceptions to the rules but that is not the general argument, altcoins are not good for long term profit, but there are few altcoins that have proven their worth overtime, and we can easily tell that coin by looking on the market, their daily volume, and thei official announcement, if there are new updates.

unfortunately, even high cap altcoin is still down at this time. It is a sign that altcoin is not good for long term
I think altcoin is just suitable for short term. The volality is high so it can make higher profit than Bitcoin
But of course, that includes high risk too. So when you wanna trade in altcoin, make sure be carefull of your capital
Make stop loss is a must when you trade altcoin at this time