Altcoin questionnaire: 5 questions for you to answer

[CryptoMaxim 3829]

I always try to have old altcoins that have a large capitalization. In most cases, their price growth depends on bitcoin and brings a good profit in long-term trading.

[cryptovlek 2597]

I don't understand how to trade altcoins succesfully. Their price keeps rising and I'm always buying the top. How is this possible and then they only drop. I tried buying some altcoin dips but they keep falling for weeks. All altcoins look like penny stocks to me. They can only pump and dump and will only pump when you sell them.

[Captain Karim 0]

What I prefer to own most of cryptocurrencies is Ethereum and Bitcoin, I use cryptocurrencies on a daily basis, but in commerce only, and I do not use them to process payments, I even consider bitcoin an asset similar to gold, so is it reasonable to buy using gold!

[arnosk 228]

 1. ETH, LTC, XMR, Doge, RDD, STRAT
2. Just to spread my investments, and with Reddcoin and Stratis to stake the coins to get some interest
3. No not all. I just hold them, and haven’t looked at it for a long time
4. Altcoins didn’t change my life
5. Altcoins have some extra features that bitcoin has not. But bitcoin stay for the time being. It is hard to say when a new crypto will replace bitcoin. The transaction time and fees of bitcoin are a serious problem in my opinion. 

[Maharba 237]

Mr. Karl

This are my ansers to your questions:

1. Doge coin and monero time ago
2. Because you could get it cheap and mine it easily
3. I use them for long term investment and to pay some taxes that can be paid with them in my country
4. Yes of course, they help me balance in my economy
5. Altcoins will have a very good future, especially if their projects are well leveraged and sell security to their owners

Edited October 14, 2020 by Maharba

[TimopheyKa 3900]

1. I now have ether, litecoin, doge, and a little dash
2. I think that you need to store your investments in different altcoins, for a higher price! The fact is that it is more convenient and easier for me, as well as easier to withdraw funds!
3.In fact, everything is used whenever possible, and I don't know when I will need them. But if something happens, I will sell part of it to bring it to my balance 🙂
4. In General, only positive emotions! Because the Commission for withdrawing funds is very low, and this is very pleasing. Also, a greater range for investment, and benefits!
5. of course not, altcoins will live a long life, because they are very good at keeping the price of bitcoin!

[Jaafar Fahad Hassan 114]

The alcoin that I currently have is trons

I choosed Tron because my brother recommend it to me and he knows more about cryptocurrency alot,I don't use alcoin daily ,I bought it for future investment, am yet to make any transaction with the alcoins so I pray it do so in the future,

[Shaza Ahmad 1682]

I will only answer the last question, because each of these questions may need a separate topic to answer it, I see that the future of cryptocurrencies is very promising, perhaps after 10 years the world will use cryptocurrencies as they use the Internet now, but I do not see that any A currency that will be able to challenge Bitcoin, as it is strongly supported by many giant investors.

[khan22 3478]

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

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

I have some ALT coins in my wallet and i am trying to collect the more and more coins in the market and hold all of that coins for the bull becasue soon the bull will come and all the ALT coins will go up so much high.

[Zeshan Khalid 2577]

I only have TALK tokens in my possession and they are given to me by cryptotalk forum. I usually trade them on monthly basis. I don't think that in terms if value any altcoin in near future will be able to challenge BTC 

[BrolySSJ 7899]

On 9/10/2020 at 2:32 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?

 

Okay so with regards to your five questions:

1. The altcoins that i currently have are dogecoin, ripple, TALK and DLRS. I have a bit of ethereum as well but that is not much to warrant mention in the list. 

2. I chose these coins because of he low transaction fees and because the market seems to be doing well with them as well. TALK is also the coin earned from this forum and allows for investment into the investbox. 

3. I use altcoins for general purchases on online items on a monthly basis. 

4. Yes they have. They are much cheaper to transact with than bitcoin and there are numerous ways in which to earn them. 

5. I think that altcoins have a bright future, but they will not be a challenge to bitcoin. Perhaps ethereum in the long run, but this is unlikely. 

[Razan alikac 1899]

My opinion about the future of alternative digital currencies is that it will witness great successes and perhaps we will witness sudden changes in this market and reach a very high level.

[SuperCrypto 7193]

These are good questions and I will answer them in a summary. I love to own the most important and largest cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, in addition to some powerful currencies, such as the Waves and Cardano, and I believe in these currencies and they will achieve profits for me in the future.

[Dorjoy12 8962]

On 9/10/2020 at 6:32 PM, Bitcasino.io said:

. 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 am going to give your all question below:

1) usually i love to use litecoin so every time i have litecoin in my coinbase wallet and in yobit exchange site.. 

2)  there has different reason behind it but the main reason is that its transaction fee very low plus its demand able.. 

3)  not like so..  I dont dont do transaction by time base because whenever i need money i do transaction.. 

4)  not like so Because i am not a trader of altcoin which can give me much profit.. 

5)  maybe altcoin can challenge bitcoin in future but we are not sure about it because recently the YFI coin show us great performance.             

[ramonn22 731]

1- He personally used a lot of litecoin and stellar
2-Chosen for their popularity, their fast transactions and low commissions
3-Normally used weekly
4-Yes totally for me it has been a great find since I am a lover of technology
5-I don't think it will challenge bitcoin I think they will coexist in harmony

Good luck and great luck for the whole community
Big greeting

[wassim19 645]

I have chosen some strong digital currencies for long-term investment such as DOGE, QTUM and and mdt bnb, and I also do day trading through scalp operations and from my own perspective that digital currencies are the future and their price will rise greatly and the demand for them increases.

[yato987 2811]

at the minute i have talk and ltc , i'm investing talk in invest box and use ltc for my dealings since it's the currency that has the lower fee so it's great for those who may make many deals , 

i use them daily, weekly and monthly all that depends on my free time but most often weekly

and yes they improved my life since i was able to make good profit with them but still don't think they can challenge Bitcoin

[jermaine05 179]

1 Litecoin is my favorite altcoin 
2 It seems to me a constant currency and it is fast in its transactions 
3 daily, I use it for trading 
4 if I have been given good profit so I generate a change in my day 
5 some of them are profitable so I think they have a good future 
 

[MuhammadSh 3067]

Look , it's hard a bit to answer your questions.. because each time has its opportunities in my opinion.. as a day trader , i don't have much altcoins these days because of the volatility of bitcoin's price! but after this period i will search for the best opportunities in the market and buy some altcoins which i believe in their projects after studied analysis for sure.. my eyes on link and ocean these days ! and after a period i will anslyse their charts again and decide what's the best time to begin these deals..

[Cryptomint 433]

SEC has attacked on XRP and i have hold this and I think the XRP will go up soon and this will help me a lot and I will collect a lot of profit from this.

SEC has attacked on XRP and i have hold this and I think the XRP will go up soon and this will help me a lot and I will collect a lot of profit from this.

[glory50 1259]

@Kanji @TheMonster @Cryptomint

There is some of those that I do love, there is a lot of effort to which we are able to grow with and powerfully so there is a key to which this is effective  and one needs to grow and be good with it this is the right choice that we are suppose to find the key to it.

• Ripple
• Ether
• TRX 

[ShiNorton 906]

On 9/10/2020 at 6:17 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?

1. I currently have EOS, Ether,  TRX & BNB

2. They're valuable altcoins among other with good price

3. I'm small investor & I use altcoins to get physical  cash. 

4. Yeah they changed my life

5. I think they will never challenge

[Sykkuno 2887]

The only reason most of us ever bought altcoins it was to trade them and wait for a pump, there are many that have a use case but most of them don't have a lot to offer, so I'm sticking with the altcoins that have a future and not even following anything I see that seem to be just for a temporary pump.

[kryptonick 2659]

On 9/10/2020 at 3:32 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?

1. Currently I have sold most of my altcoins for huge profit. I owned a lot of Doge and Ethereum. I only have some Ethereum left lying, a few ERC20 tokens like BAT, I hold a few Tron and the rest is only in Bitcoin.

2. I choose coins after carefully considering many facts, the first being the state of the market. I like to buy many when prices are low and when I see their market cap being valued in something extreme as we have today, then I sell.

3. I don't.

4. No. If I count the total profit from altcoins, this is zero. In fact I was losing money all this time from altcoin investments and trading, until I sold what I was holding for the past few months.

5. Uknown. Bitcoin is deeply rooted and has strong fundamentals to lose too much ground. It will be very difficult for anything else to challenge Bitcoin for the next ten years, in my opinion.

[basel23 1722]

1- ltc, xtz, btc, yfii, bnb, bch. Currently I have these currencies some for storage and the rest for trading
2- I chose these currencies based on my analysis and because I think they have a good future
3- I am a scalping trader so I rely on the short term daily or weekly
4- It definitely changed my life in a wonderful way
5- I think it is difficult for any cryptocurrency to compete with Bitcoin, but this does not mean that it will not achieve great success