Altcoin questionnaire: 5 questions for you to answer

[Bitcasino.io 462]

Hi guys,

 

Would you like to shine and share your knowledge, experiences and suggestions? Here’s your chance. 🙂 
Please take your time and answer below questions and let us and other users know how have altcoins impacted your life.

 
1. Which altcoins do you currently have?
2. Why have you chosen those? 
3. Do you use altcoins on daily/weekly/monthly basis and if so, for what kind of transactions? 
4. Have altcoins changed your life somehow?
5. What do you think is the future of altcoins? Will they challenge Bitcoin?

Thanks,
Karl
Bitcasino.io

[Calvinpriva 17296]

Good question, let me answer according to what i know.

1. I have XRP and LTC
2. LTC is very volatile so it can have good profit, XRP are very low i can buy many as i can for a simple 50% profit.
3. I'm a P2P trader, so i usual withdraw LTC or XRP to faucetpay every week from simple trades in yobit, then i convert them to BTC and i deposit to LocalBitcoins to refill my trading account.
4. 100% altcoins changed my life. With XRP i earn 50% profit and with LTC i earn 80% so i earn a good profit according to my capital.
5. The future of altcoins will be good because some of them are cheap and profitable. Many small traders are earning big with altcoins and not BTC. EG, i can afford to buy 1000 XRP with just $200 at a price of $0.2 and i will hold them to increase just $0.1 and i will have a profit of $100 which is 50% !! Simple like that. The same to LTC, ETH, EOS, WAVES, LINK, *BNB* and other good altcoins. But BTC will remain at the top of all cryptocurrencies!

[magd 5231]

1- I currently own Bitcoin, Ethereum and Ripple in addition to the forum's talk and the wonderful Litecoin coin
2- I chose these currencies because they are popular for Bitcoin and Ethereum. As for the rest of the currencies, I chose them for trading on long periods.
3 - Short term trading is good for beginners, but for me it is no longer good. I always strive to reach the highest price when trading on long periods.
4- Alternative currencies so far have changed some things for me but could offer better things in the future
5- Bitcoin develops every year, it becomes more important and stronger and its price is improving

Edited September 10, 2020 by magd

[Guru2050 8284]

-At this time around am in possession of the father of altcoins ethereum, plus two other value currencies such as XRP, LTC.

-This due to the fact I trade only top value coins as their prices are mostly regulated by BTC.

- I hold for a while before dumping depending on the favourability of the market

- partially yes but not as the top leading coin BTC.

- the possibility of altcoins to change BTC is too difficult, even it may be, then that shall be in another generation time. Because Bitcoin is a potential coin with a great future of dominating the world.

[MuhammadSh 3067]

I don't think that there is any trader doesn't has LTC in his wallet! even if he has a small amount.. For me , i really believe in the future of bitcoin , ethereum and litecoin.. so i specify a part of my capital to invest in these cryptocurrencies..

By the same time, i prefer daily trading so each time has many opportunities to buy and sell many cryptocurrencies and there is no favorite currency to trade with in my opinion!

I believe in the future of some altcoins because the cryptocurrencies trading world depends mostly on it especially for these daily traders who don't wait the price of bitcoin to go up or down during long times!

[iloveyobit 6599]

1 : i have ; Fet ; amb and algo 

2 ; i bought them accodring to the market doing but unfortanlly the price of all coins drops 

3 ; yes crypto changed my life a lot and i apreciaite that .

[Raqeebzy 6456]

1. Ethereum or sometimes Litecoin
2. Staking option of ethereum. ETH 2.0 is almost upon us 😉
3. Not really, it is more like accumulating.
4. Yeah, through trading a lot of them but recently more into Bitcoin and ether as the only altcoin
5. Actually, I don't see that happening soon.

[Irungu 4299]

Right now .

1.Ripple and TRX Mostly I have a number of others but this 2 stand out .

2. I have used XRP Mostly

3. Yes ripple

4. I think I have been able to pay for some services online with it , or I have even changed some money with it and in the end it has been very awesome for me.

5. I think there is progress in everythings so it just happens that with time we are going to see what happens 

[Nezar 7169]

The digital currencies that I own at the moment are Bitcoin, Ethereum, and Ripple I chose these treats because they are the best and the most profitable for me I use these currencies on a daily basis as I use them within the trading field Frankly, cryptocurrencies have changed my life a lot as they have provided me with good extra income As for the alternative currencies, there are a very large number of them, but separate them are known. And some of these currencies have a very large future, but you will not be able to challenge Bitcoin and overcome it.

[bogdanoff 3173]

I hold now Bitcoin and many altcoins. These are:

Ethereum which is most of the altcoin stack I have, Binance Tron Doge

And then some lower value coin as : NEXO, Terra, Nano, Holo, Kava and Matic. I hold more around fifty and plan to sell after a pump. I sold aelf yesterday after it doubled and many more the last month. The plan is to sell after doubling.

[muniral4422 185]

1. Currently u hold a lot of altcoins some of which are ethereum, litecoin, Tron, XRP, BNB and dash.

2. I have choose these coins because I find them highly profitable in terms of trading.

3. I make use of altcoins daily, although I may not if them all a day but I use at least 2 of them daily 

[Mike1515 2977]

So here we go , Let me answer them one by one

1. I actually own some few, I am one of the holders of doge coin , though losing faith in it.

2. I have chosen a few others, doge because you were easily able to buy it and hold it , you had that promise of buying so many and waiting for them to reach 1$. I own about 100,000 doges.

3. No , but my best time to have used them was when I paid a couple of my customers or clients with litecoin.

4. Not at the moment but still believe with time its going to.

5. Judging with the past, I think its bright, though at the blink , its also not so satisfying, because we have so many players that they have spoilt the main thing.

But in addition I actually think time will give us everything in and we are going to be able to enjoy a lot of things with Crypto currency.

[Whited35 15285]

On 9/10/2020 at 6:17 PM, Bitcasino.io said:

1. Which altcoins do you currently have?

I might share the name of few altcoins from my investment portfolio.They are ADA, ETH, OGN, BAT,LINK,LPT,CDL(On coindeal staking) ,etc. Surprising, I love pump and dump basis crypto coin like CBT(I make profits but I do not recommend other to invest in such altcoin, unique skill is needed 😉.

 

On 9/10/2020 at 6:17 PM, Bitcasino.io said:

2. Why have you chosen those? 

They have bright future I think  and they are unique enough to give me benefits. 

 

On 9/10/2020 at 6:17 PM, Bitcasino.io said:

3. Do you use altcoins on daily/weekly/monthly basis and if so, for what kind of transactions? 

Yes, I use them mostly to perform active tradings.I also use them to purchase goods from the swag store where altcoins are accepted,

 

On 9/10/2020 at 6:17 PM, Bitcasino.io said:

4. Have altcoins changed your life somehow?

Of course. This year is the luckiest year to give me benefits from Altcoins' tradings. 

On 9/10/2020 at 6:17 PM, Bitcasino.io said:

5. What do you think is the future of altcoins? Will they challenge Bitcoin?

I do not think they challenge Bitcoin. Investors are getting frustrations due to multiple 51% attack. Recently there were such incidents for ETC. 

 

So Karl @Bitcasino.io what will be your own answers for these questions 😁😂?

Edited September 11, 2020 by Whited35
Last question is added.

[Moaz 7239]

I currently own a TRON and Ripple
I chose TRON and Ripple because they are important cryptocurrencies and their price is suitable for buying and investing in the long term
I do not have long experience in trading and therefore I prefer to buy currencies at a low price and invest them in the long term and you will achieve good profits
Of course, cryptocurrencies have completely changed my life and this is positive, I think
The world of cryptography is growing exponentially every day

[Syedbesharat 5423]

I am very delighted with your questionnaire. Where you have put every member at stage to express his own experience and thoughts about Altcoins. 

I currently own ETH, TRON, TRX and many other coins. 

In start of 2016 I don't know much just follow the friends and trend. But after doing some search I select Xrp, Tron, XML.,LTC. where most of them are good in future and gives good profit. I use occasionally cryptocurrency such as for domain hosting, payment for online marketing and sending payments to foreign. 

Crypto change my life very much where I am now ease ,my assets will not gone like forex suddenly in night and I can convert it into cash anytime, anyplace. 

The BTC era isn't started yet and alt boom is faraway from point of view where BTC face any danger from Altcoins. 

 

[rekter 8129]

My answers:

 

1. Eth and Dusk

2. Both building platforms for needed usecases

3. xrp and litecoin for transfering funds

4. Challenge is a wrong word. Nothing challenges Bitcoin as it is. But there will be altcoins solving problems that  Bitcoin is not build for.

[benalmoh88 1500]

you are giving good questionnaire @Bitcasino.io, i'm answer to those question
1- i have MATIC and LTC
2- because LTC is one of the strong coin and have good rank in coin market cap, MATIC because have high volume in trading and this coin have good projects.
3- yes i'm using in trading daily.
4- i'm earning good amount by used this altcoins in trading.
5- i don't think for any altcoin can challenge bitcoin.

[Maaz sultan 265]

1. I have doge and water 

2. Invested on doge coin because this coins market is not going suddenly down and up this coin for long term trading and water for short term trading .

3. I dont make any transaction on altcoins only make trading buy and sell them in btc/usd .

4. I am new in crypto trading but want a chance to have a good opportunity to earn high with altcoins .

5. Altcoins are a far lower then btc and i think bitcoin is the head of all the crypto currencies .

[Honny143 13612]

1) I have one litecoin in  my wallet

2)litecoin one of the best coin and litecoin prices pump and dump but not quickly like bitcoin, but if we buy when price low and hold few months then we earn good profit, I earned 50 to 60% profit from litecoin

4) iam not trader I only buy and sell coins 

5) its impossible for any altcoin to defeat bitcoin 

Edited September 12, 2020 by Honny143

[Digital 387]

Honestly  I don't have answer to all your questions but then I do hold some little  amount of ethereum but I have sold it o will answer what will be the future of altcoin no doubt altcoin has great potential in the future but only few among them will play a significant role in the crypto currency industry like ethereum, litecoin, Bitcoin cash ,xrp and others .

[Bitcasino.io 462]

On 9/11/2020 at 5:55 PM, Whited35 said:

So Karl @Bitcasino.io what will be your own answers for these questions 😁😂?

Hi @Whited35,

 

Thanks for challenging me in this questionnaire 🙂

So here is my experience in the crypto world:

 

1. I currently have BTC, LTC, TRX, PAX, and USDT.

2. I prefer stablecoins as they are specially designed for instant processing and it takes minutes or even just seconds before they could be transferred to another account. I also enjoy the lower fees, where I don't have to worry about high-interest rates.

3. I use them regularly, weekly I would say. For trading and of course for gambling 🙂

4. Crypto has changed my world 100%! A new job, a lot of new experiences and knowledge, and tons of fun.

5. I think the future for some altcoins will be quite bright, but will they (or some of them) challenge Bitcoin, I really don't think, but let's see. It's an amazing world with interesting changes.

 

Thanks,

Karl

Bitcasino.io

[Whited35 15285]

2 hours ago, Bitcasino.io said:

2. I prefer stablecoins as they are specially designed for instant processing and it takes minutes or even just seconds before they could be transferred to another account. I also enjoy the lower fees, where I don't have to worry about high-interest rates.

@Bitcasino.io Thanks for mentioning everything so nicely😍. Fortunately, stable coins like USDT and DAI are there so that we should not leave crypto sphere to cut the losses. Along with stable coins, I also prefer to consider XRP and XLM due to their quickest blockchain network and low transaction fee. I guess you are already smart enough in gambling😉.

[percare 3192]

Altcoins I currently hold are xrp and link. I may sell link as it has dropped a lot from high and it seems that the hype is over and traders got bored with it but I hold the xrp in case it just makes something extreme and everyone starts buying it. Price can go up a lot if this happens.

[malik6314193 5449]

On 9/10/2020 at 5:32 PM, Bitcasino.io said:

1. Which altcoins do you currently have?
2. Why have you chosen those? 
3. Do you use altcoins on daily/weekly/monthly basis and if so, for what kind of transactions? 
4. Have altcoins changed your life somehow?
5. What do you think is the future of altcoins? Will they challenge Bitcoin?

I have currently some erc 20 tokens such as Rel tokens, and other altcoins such as xrp, trx. 

I choose it to trade because i think trade of such tokens are profitable. 

Yes i trade these tokens daily because i am day trader. 

Yes definitely it has change my life somewhere. 

Altcoins are good coins i think bitcoin will be dominant on these coins.

[Omar Ommeish 4872]

1- I now own many currencies, but one of the most important is Bitcoin.
2- I chose Bitcoin because it is the popular currency among all.
3- I do not use cryptocurrencies in my daily senses, but I use them for trading and making profits only.
4- Yes, I changed my life and became dependent on myself in achieving daily profits and making money.
5- I believe that currencies will increase in value in the future and become popular with everyone.