Post
Topic
Board Altcoin Discussion
Re: is it still risky to Invest into Altcoin now?
by
Realgogo
on 17/11/2023, 09:54:20 UTC
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Investing in alt coins I still feel risky because I have invested in many alt coins in the past without any success.But I think not everyone has the same trading skills.Those who have good trading skills can earn by investing in alt coins in a short period of time.
I invested when the market was not very good but now the market is going up again now maybe it is right to invest in alt coins.But if anyone wants to invest in safe and risk free I would tell them to invest in Bitcoin.Because if the price of Bitcoin falls a little, it recovers quickly, so there is no fear of loss.
No it's not, when they will shoot they shoot More than Bitcoin