Post
Topic
Board Altcoin Discussion
Re: Why are altcoins important?
by
Xal0lex
on 25/07/2023, 17:23:12 UTC
I agree with you that a very small percentage of investors can make a profit of $10,000 with a deposit of only $100. But it is worth considering that it is impossible to get such profit in bitcoin, unless you are engaged in trading or margin trading. You can get such profit in altcoin sector by participating in various activities, such as retrodrops or testnet. The chance is minimal, but it is there.
You can also invest in an NFT project, which can also be profitable.

The NFT market is dead, investing in NFT is useless as tokens take turns at breakneck speed and depreciates very quickly.

But the named lucky ones in trade are 0.5-1% of all crypto traders.

This is not correct data. There are actually about 5% of successful traders in the market. Most likely, among crypto traders who trade NFT crap, there are really only 0.5% successful ones.