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Author Topic: Too many altcoins  (Read 2821 times)

zakie

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Re: Too many altcoins
« Reply #30 on: October 01, 2018, 09:39:08 AM »
You are quite right - there are too many altcoins, and too many of them will not survive - too much competitors that are stronger very often. But buying only top coins you may loose different other opportunities, very often some altcoins become unpredictably the top coins as a result. But of course you should learn everything in details before earning something.
thanks for the advice, i was lost in the altcoins matrix, because i lost so much money for crypto this year, i don't know how can i do now  :'(

dancoiner

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Re: Too many altcoins
« Reply #31 on: October 01, 2018, 04:00:49 PM »
Competitors are everywhere.
The worst thing about that I can't even made up new coin name.
All the names are taken.

andruke

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Re: Too many altcoins
« Reply #32 on: October 01, 2018, 11:09:41 PM »
I think, now it is necessary to choose very carefully the project for investments. The more popular the cryptocurrency, the more scams appear. I use a protected w12.io, through it you can buy tokens and be 100% sure

Daviost

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Re: Too many altcoins
« Reply #33 on: October 01, 2018, 11:17:09 PM »
Yeah there is a lot of Altcoin right now and CMC already have 2k Altcoin and of course it will increase day by day. But to find the good altcoin is to do research from the first. check their product, check their roadmap, cheir their team mate and their advisor and the last their community. after you research them you can decided which one is best.
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mata77

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Re: Too many altcoins
« Reply #34 on: May 22, 2019, 12:45:47 PM »
Before I invest to an altcoin I usually make some research about it. But investing on some popular altcoins now are also a good choice while their prices are still down.

I agree, the choice is very wide, so everyone will find an adequate coin for themselves. The prices of particular cryptos are not so high at the moment, access to information is really easy, I think some of altcoins won't exist in the feature, but the rest of them will be strong

Mpxs

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Re: Too many altcoins
« Reply #35 on: May 22, 2019, 02:19:29 PM »
yes I myself also believe that there are also many new projects that have emerged to create a new altcoin, for me now the development of the crypto currency has also grown better in the future.

LoganGec

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Re: Too many altcoins
« Reply #36 on: May 22, 2019, 08:09:36 PM »
Good research can make miracles :D

Etrilicious

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Re: Too many altcoins
« Reply #37 on: May 22, 2019, 09:47:37 PM »
Well there are too many altcoins, so I usually invest in those coin in the top 100 on coinmarketcap. I believe in these coin more.

i think top 100 is too much, just 20-30 is better.
exactly top 100 is too much, my strategy is too invest in top 30 thats leaving Top 10 on coinmarketcap and focusing on the 11th coin to 41st coin.  i know more coins are still coming but not all will survive.

Ghanda

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Re: Too many altcoins
« Reply #38 on: May 23, 2019, 04:43:41 AM »
Yes, nowaday too many altcoin, it should be demote out the exchange. Many altcoin became trash.
That's right, there are so many altcoins now born, even too many can't count to thousands of altcoins that are created so we can't remember their names. but with the number of coins that appear this shows that the crypto world is growing rapidly.

rituvohra01

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Re: Too many altcoins
« Reply #39 on: May 23, 2019, 06:40:33 PM »
There are many choices. Before investing in a coin I always make my own research then I invest.

vanjava

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Re: Too many altcoins
« Reply #40 on: May 23, 2019, 06:49:48 PM »
With the wide array of altcoins available in the crypto market, how do you choose which one to invest on, which one to buy and which of these altcoins worth holding?  :(

I will choose altcoins that have been registered in coinmarketcap and many people are trading. I will buy xrp and will hold ethereum and bitcoin in the next few years.
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OluwaTosin10

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Re: Too many altcoins
« Reply #41 on: May 23, 2019, 11:52:23 PM »
Crypto currency altcoins are good and also; they are not too much
Considerable amount of altcoins will vanish away because they lack purpose and vision

It is up to investors to dyor and get solid projects capable of surviving the long run if you are a long term hodler

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Adaora

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Re: Too many altcoins
« Reply #42 on: May 25, 2019, 12:21:08 AM »
Too many altcoins. Survival of the fittest. But if you ask me, I will buy eth and Veil. These coins are huge. I have also gat eyes on ICON

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Re: Too many altcoins
« Reply #43 on: May 25, 2019, 09:51:16 AM »
This is part of the crypto-evolution. We need to remember that the whole market is still very young and immature, there is a huge evolution yet to be made.
Eeryday new Altcoins are born and some others die out, and new coins bring some new features or use cases, and older cons also evolve and update... it is a dynamic ecosystem...
Bear markets bring balance to the crypto scene and exterminate a lot of useless alts...
Take privacy coins for example, the older privacy coins like Zcash or Monero are adapting and updating, while a new generation of evolved contenders have arrived to solve a few problems that still exist, like Veil project or Beam... only time will tell which reaches a greater adoption level

Psynthax

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Re: Too many altcoins
« Reply #44 on: May 25, 2019, 10:02:58 AM »
Too many altcoins. Survival of the fittest. But if you ask me, I will buy eth and Veil. These coins are huge. I have also gat eyes on ICON
Although veil is still growing it's already starting to show its potential just like what you said, ETH and BTC also currently have its time enjoying the pump which definitely steal people's attention.
There's no doubt though if this keep happening we will see a new ATH which is definitely a good thing.

 

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