Post
Topic
Board Altcoin Discussion
Re: What's happening with Bitcoin & altcoins?
by
NavI_027
on 17/08/2020, 12:32:50 UTC
I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money
Considering the risks, I would rather stick to the already established coins, such as Bitcoin, Ethereum, BCH and Litecoin.
Indeed, better to buy old reputable alt coins rather than new enlisted ones because they are the one which will get benefited by the hype. They are already mature thus they can easily get influenced by the price hike of btc and other major coins. But if you really insist to go with the cheaper ones then it's up to you (you have hundreds of options to choose from). But assess your your resources and emotion first whether you can gamble and get out of the safer zone. Like the old saying, "High risk, high reward" but I'll tell you what, in this case, you will have greater chance of losing. Good luck Smiley.