Post
Topic
Board Altcoin Discussion
Re: why people are always interested in altcoins
by
Rengga Jati
on 04/02/2023, 21:33:55 UTC
Yes, I agree with you, the reason everyone chooses altcoins is because the profit percentage is higher compared to Bitcoin. Because Bitcoin is too expensive, if the capital is small, the profit we can get is also small, maybe that is the main factor compared to Atlcoin, there are many choices and we can look for Atlcoin that has strong fundamentals to invest.
And this is for short-term investment probably, or if everyone is able to utilize the hype moment, they can really get very high profits from the cycle of pump and dump, the condition of hype projects becomes the golden moment for the people to buy altcoin in very low price and then sell the coins in the rising price because of hype. taking profits at the right time is the key because, after that, most of the hype altcoins will fall down and never rise up again. that is why this kind of investment is actually very risky for the newbies and I suggest you not to do this if you are not able to analyze the right time to buy and sell seriously