Post
Topic
Board Altcoin Discussion
Re: Does altcoins actually have the potentials of generating benefits to investors?
by
Yatsan
on 03/12/2022, 17:09:49 UTC
As a beginner into the trading business, I'm always scared of putting my money into altcoins but I do hear some people talk about how they make profits altcoins.

So I decided to come here to seek the views of experienced traders on the potentials of altcoins.

Altcoins are indeed profitable, but altcoins have greater risks than Bitcoin.
There are a lot of rubbish coins in the encryption market, because some altcoins are too risky, you must carefully choose to invest in potential altcoins, and you need to conduct research and analysis before making an investment decision, try to study those top-ranked altcoins in the market and rationally choose.


Not only as being a profitable investment but also, project tokens or altcoins most of the time has utility whether in the sector of entertainment, healthcare and such. Point is that, other than being an asset, there are other usage of it. such as with gambling projects wherein tokens of that certain projects would allow a player to use the token in order to be able toplay different gambling games. Same thing with other games in crypto industry wherein their tokens are being used to buy things in the game which would make the game more enjoying if it has additional "buy in items." But we still cannot blame people who are looking forwrd with alctoins only as for alternative investment .There's really more into this technology.