Risk takers can continue.

[KeenanEl19]

I think that investing in Altcoins is comparatively risky, it is reasonable to invest in Bitcoin consistently. However, it is very important to use discretionary earning for our Bitcoin purchase, because Bitcoin long-term investment system, the risk of losing money by investing in the short term can increase many times. With a long-term plan, you need to buy Bitcoin in small amounts consistently and by holding it for the future, you can avoid inflation and expect profits in the long term.

I think that when it comes to risk, everything has its own risks, but the difference is that some are high risk and some are low risk, such as what you mentioned with long-term investments or short-term investments, and it's up to us to choose which one. I myself do what you mentioned, and there are other risks outside of that, such as sometimes I can't afford it because my income is just enough, but before that I try to stay consistent in doing it.

[Salahmu]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Apart from this person that told you or you saw becoming free from poverty through altcoin is there any other person you have seen again that becomes successful through it?, you can only be sure if you have seen a lot of person coming in and out everytime with happiness of the same success before you can say is good for everybody to do it. If you had hard this story from the case of the person becoming poor because of the altcoin, would you have still say this?, there is no were you will mention altcoin people will not tell you about the problems.

[jostorres]

Of course, you have free space for yourself in determining anything in your life, including in investing whether you will diversify or not is up to you, as long as you understand the risks that you can bear.

Most people do that and he only realized that altcoin was not worth investing in after a long time of holding, the motivation is the same as what you know, in the end it will end up the same, altcoin is traded not invested, so if you understand this you will know that your friends may also be like that.
And know the sweetness of money that is obtained from the profitable altcoin? of course back to bitcoin to be held in the long run.

Altcoins were profitable back than but now altcoins have turned out to be a riskier investment. People who made money from altcoins years back are the ones who would recommend new investors to think about altcoins as an investment opportunity instead of a trading opportunity.

But to be honest, things have changed and the markets do not favour altcoins anymore. Long term investments in altcoins will not really be reliable and this is been told by a lot of seasoned traders because it comes from their experiences.

OP, you should try to learn from other's mistakes and instead of taking a chance, why not invest your money someplace else where it can be much safer. Bitcoins can always be one of those.

[doomloop]

The risk to reward ratio should be balanced. If you feel the ratio is balanced than yes you can go for altcoin investments which might have a bit risk. But if the rewards are not really that great than there is no point in going for altcoins. Now, with altcoins you will only see higher profit potential in riskier coins which can dump harder which will make your investment worthless. Once in a while, yes you can see really good profits coming out but have you considered how often is it?

In most cases, you will loose and we are sure about it that's the reason why not everyone recommends to go for altcoins. If you are capable of taking risk than sure you can go for altcoins and who knows maybe you might even make good profits out of one or two investments.

[GeorgeJohn]

Investing in Bitcoin is also risky. Just pick your poison and pray you have the stomach to withstand it. Altcoin investment can be tricky as they don't have as much reliability as Bitcoin does but that doesn't mean that one can't make money from it. The important thing's to be vigilant so you know when you can pull out because some people from what I've seen and read often get carried away and forget that these coins do not hold as much assurance of lasting as Bitcoin has done and may want to keep putting in money then before you know it, they'd lose all because of a crash.

between bitcoin and altcoin investment, bitcoin is more better to invest than altcoins, because some of the altcoins lacks potential,  and there's every tendency that some of the altcoin’s may give off to survive during long-term holding

Whereas Bitcoin only decreases and later bounced to the normal, and volatility of Bitcoin can't be used to compare with some of the altcoin that backs potential,

During altcoins investment you have to make a proper research before investing because some of the coins that are sub coins to Bitcoin does not have the potential to survive in long term so that is why many people lost out during the Investment of altcoins, for me we are supposed to understand a coin before we invest and also know the sponsors before we invest, due to lacks of risks in altcoins.

[Asiska02]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Whenever you hear the phrase “invest only what you can afford to lose” in Bitcoin investment actually means that you should only risk what you can afford to lose. Going by that term, it also means that even if Bitcoin is safer to invest into than other altcoins, it is still worth noting that we should only go by what we can afford since the condition and outcome of the market is still not certain.

Bitcoin investment has been proven several times to be the safe haven to invest into in order to avoid loss of assets, but other cryptocurrencies have not really gotten that acceptance from people even though some of them have also shown to be a reliable course to invest on. Crypto investment is all risky and they depend on which coin you’re investing into to control your risk appetite.

[Ziskinberg]

Altcoins can only be profitable if you end up investing in the right altcoins. I've heard a lot in here are certainly making excellent profits from altcoins, and that's true because I, myself can prove that. But if you come here with less knowledge and experience about altcoins, I suggest stick to bitcoin first and invest for long term. You will learn then how to deal with bitcoin the right and profitable way, and diversify with highly potential altcoins once you have reaped already decent amount of profits from bitcoin.

[Cyber_warrior]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it

Just because someone invested in altcoin and was able to make a reasonable amount of money those not mean if you do the same, you going to be making money also. The person might be lucky, but when you decide to invest, you won’t be lucky. Thesame way you see someone make huge profits which can change the persons life, thesame way I have seen someone invest in altcoin and the person went broke, because he invested everything in a project, and things didn’t go as planned.

Am not discouraging anyone from taking risk, but whenever you are taking risk, then you have to apply risk management, don’t take some risk thats going to land you into prison, or cause more problem for you.

[Odusko]

Altcoins can only be profitable if you end up investing in the right altcoins. I've heard a lot in here are certainly making excellent profits from altcoins, and that's true because I, myself can prove that. But if you come here with less knowledge and experience about altcoins, I suggest stick to bitcoin first and invest for long term. You will learn then how to deal with bitcoin the right and profitable way, and diversify with highly potential altcoins once you have reaped already decent amount of profits from bitcoin.

Most people that hit life changing profits from altcoins all did that through the help of luck and smartness, since the gave the fundamental understanding that altcoins market is a game and not an investment, and to profit form such a market you must be smart enough to ride with the wave of the time, like when you see the price skyrocketing, you should sell at that point, instead being too greedy untill you eventually lose everything again.

[Rabata]

If you can't take risks, your chances of getting rich are very low. There is risk in almost every financial endeavor. There are some who take risks within their means and there are some who take too many risks. I think luck is with those who take risks. There are some people who took too many risks and that is why they are in a much stronger in financial position today. Having the attitude of taking risks is an important thing to change your destiny.

[laijsica]

Altcoins can only be profitable if you end up investing in the right altcoins. I've heard a lot in here are certainly making excellent profits from altcoins, and that's true because I, myself can prove that. But if you come here with less knowledge and experience about altcoins, I suggest stick to bitcoin first and invest for long term. You will learn then how to deal with bitcoin the right and profitable way, and diversify with highly potential altcoins once you have reaped already decent amount of profits from bitcoin.

Most people that hit life changing profits from altcoins all did that through the help of luck and smartness, since the gave the fundamental understanding that altcoins market is a game and not an investment, and to profit form such a market you must be smart enough to ride with the wave of the time, like when you see the price skyrocketing, you should sell at that point, instead being too greedy untill you eventually lose everything again.

You have to compete with the adverse waves of the altcoin market because if you want to stay in the market, you have to keep a significant amount of cash flow. Most of us investors have limited sources of money, which makes it difficult to make more profits in a limited time. In my opinion, to keep up with the waves, you need to keep buying regularly and have a long term Bitcoin investment strategy. Long term investment and exposure to the market can help you make the right decisions after knowing the differences and inherent potential of altcoins and Bitcoin. A decent holding with experience will entice you to take risks with your available funds because you have holdings worth the risk.

[ZeroVinsonN]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

I've also experienced making money from a coin I didn't expect to sell for a high price. Shortly afterward, the coin disappeared from the market. Not all altcoins are bad investments if someone is brave enough to invest, as experienced and long-standing investors who invest in certain altcoins have experienced the situation and conditions, as well as the profits and losses they can incur.

However, I don't recommend investing in it, especially with junk coins.
With Bitcoin, I can provide a detailed explanation based on data, history, and future opportunities if someone needs it.

If you hadn't sold when you did then you would have lost all the money you put into it since you just said it disappeared from the market shortly afterwards, that's alot of risk and your story about it would have been different if you hadn't sold it on time. This is what people have to face every time they put their hopes on some altcoins but bitcoin through our it's history has proven to be different from them, it's a safer asset and that's why people invest in it and don't end of regretting that decision to invest in it.

[jcojci]

I also invest in altcoins and make a decent profit. Some friends are doing the same but that is difficult because we need to scan which coins will lift the price in the future. Luckily, we have altcoin investments from a long time ago and those are the coins that have the potential to increase.

We don't prohibit friends who want to invest in altcoins. But we always remind them not to invest in a coin that is not clear on the projects. Investing in new coins will be okay but that will not guarantee them to profit.

Yes, if you are afraid or confused about selecting altcoins, you can stick to Bitcoin. You will not have difficulty or meet a problem in selecting the coin because Bitcoin will be the best investment for you.

[As-Soon-As]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker,

Investing in Altcoins is very risky, but I do not support it in any way. Because I do not want to lose my money, I will not let my money float in the ocean in the hope of getting more money. I consider Altcoin investments to be very risky.

But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Bitcoin investment is another strategy to keep your money safe and secure. However, I would most encourage newbies and advise you to invest in Bitcoin and keep your money safe by holding Bitcoin to be financially independent in the future. I have seen that Bitcoin has been around for a long time with a good reputation among the community. That is why Bitcoin investment is the best.

[Republikcoin.com]

I think that when it comes to risk, everything has its own risks, but the difference is that some are high risk and some are low risk, such as what you mentioned with long-term investments or short-term investments, and it's up to us to choose which one. I myself do what you mentioned, and there are other risks outside of that, such as sometimes I can't afford it because my income is just enough, but before that I try to stay consistent in doing it.

As long as you continue to strive for consistency in long-term investing, you will certainly continue to find ways to never stop doing it at any time. Because if risk is seen as a serious obstacle in any job, we will certainly never do it wholeheartedly because we are still more reminded of the risks, which are basically just something to understand, but instead are seen as frightening. Now there are many people who are brave enough to face risks to achieve extraordinary results through Bitcoin investment, and they are the people who should serve as motivation for those who are starting out or want to start now.

[DPHOR]

That person whom you think that makes such profits is just fortunate to have such luck to make that kind of profits through altcoin, in fact in altcoin investment you can't truly defined how such coin should go or where it would land you because many of them can be just pump and dump and others could be overhyped that is why is many people do not advised to invest in altcoin. Usually, I don't like altcoin instead it would be good I hold bitcoin for long term and watch over how is growing than holding altcoin where it will just dumped without growing or leaving someone with worthless coin.

[Mahanton]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

I've also experienced making money from a coin I didn't expect to sell for a high price. Shortly afterward, the coin disappeared from the market. Not all altcoins are bad investments if someone is brave enough to invest, as experienced and long-standing investors who invest in certain altcoins have experienced the situation and conditions, as well as the profits and losses they can incur.

However, I don't recommend investing in it, especially with junk coins.
With Bitcoin, I can provide a detailed explanation based on data, history, and future opportunities if someone needs it.

If you hadn't sold when you did then you would have lost all the money you put into it since you just said it disappeared from the market shortly afterwards, that's alot of risk and your story about it would have been different if you hadn't sold it on time. This is what people have to face every time they put their hopes on some altcoins but bitcoin through our it's history has proven to be different from them, it's a safer asset and that's why people invest in it and don't end of regretting that decision to invest in it.

Many investors get attracted to stories of people who struck gold by investing in new altcoins because it feeds into the dream of quick success and instant wealth and in truth there are times when a new project explodes and changes someone’s life but what people usually forget is that those wins are rare and depend on perfect timing being early enough to buy cheap and smart enough to sell before the crash the majority of investors who enter later often end up as exit liquidity for the early movers who dump their bags once the hype peaks.

Altcoins can be exciting because of the volatility and the promise of huge returns but the same volatility can wipe out an entire portfolio overnight most of these coins don’t have real long term use cases or solid foundations and once attention fades they lose liquidity vanish from exchanges or drop by more than 90 percent it’s a brutal reality that many refuse to see until it’s too late the key is not to completely avoid them but to handle them with strategy and control never let greed dictate your choices. Bitcoin on the other hand has stood the test of time it has weathered multiple crashes and still managed to rise stronger after every cycle it’s the only cryptocurrency that has maintained its value reputation and trust over the years making it a safer and more sustainable option for those looking to build wealth gradually investing in bitcoin is about long term patience not hype chasing once you have a stable bitcoin base then using a small portion of your income to explore new altcoins can be acceptable the goal should always be balance and protection of capital not reckless risk taking just because someone else got lucky.

[cxtreenal]

That person whom you think that makes such profits is just fortunate to have such luck to make that kind of profits through altcoin, in fact in altcoin investment you can't truly defined how such coin should go or where it would land you because many of them can be just pump and dump and others could be overhyped that is why is many people do not advised to invest in altcoin. Usually, I don't like altcoin instead it would be good I hold bitcoin for long term and watch over how is growing than holding altcoin where it will just dumped without growing or leaving someone with worthless coin.

It can be like gambling to get rich and make a lot of money with altcoins. It may be the case for a very small number of traders who are lucky. The price of altcoins is unpredictable and there are very few in the market that can be suitable for traders besides the rest will attract you like a spider web and you will not be able to protect your capital from them. I also do not recommend buying altcoins unless an investor is experienced. You can only advise those investors who have available Bitcoin holdings and have already passed a suitable stage of investment and are ready to take risks. Besides, buying altcoins for others is like walking into a deliberate trap.

[Razmirraz]

You only see someone who is very lucky after investing in Altcoin, but have you ever seen how many people lost everything because they became victims of Shitcoin? I am not at all against anyone who wants to invest in Altcoins, I also conclude that investing in Altcoins can have high profit potential, but also has greater risks.
Maybe that person was lucky after successfully finding a diamond in the mud, but not a few of them failed. It should be underlined that investing in Altcoins is not suitable for everyone because the risks are very high.

If you're looking to try your luck in altcoins, you can give it a try. However, make sure you don't invest more than you can afford to lose and have a risk management plan. If you are a beginner who is just starting to invest in Cryptocurrency, you should choose Bitcoin because the risk level is very low compared to other crypto assets.

[aylabadia05]

<snip>

If you hadn't sold when you did then you would have lost all the money you put into it since you just said it disappeared from the market shortly afterwards, that's alot of risk and your story about it would have been different if you hadn't sold it on time. This is what people have to face every time they put their hopes on some altcoins but bitcoin through our it's history has proven to be different from them, it's a safer asset and that's why people invest in it and don't end of regretting that decision to invest in it.

Yes, that's right. A little late, and I lost out.
Putting hope in an unknown coin or simply following the hype is wrong, in my opinion. If the token or coin has value at the time, selling it immediately without further consideration is the best course of action.
I don't want to say that coins like $Trump and Melani, which are still relatively new to the market, are bad, but you can judge for yourself what happens when people place high hopes on those two types of coins.
I've been trapped in that stupid cycle for a long time, so it's better for people like you not to experience it.

The only coin that can be expected to achieve more in the long term is Bitcoin.
Don't be influenced by the various figures behind certain tokens or coins, although not all altcoins are bad; some are good too.