Since Bitcoin is beyond ny capacity I mostly invest in altcoins. Sometimes when Bitcoin gains value altcoins can go up 10 x. If you can identify good altcoin project, you can also profit well with altcoin. We have seen a lot of altcoins gain a lot of value in the recent times. What are your favourite altcoins for investment and trading
What are your favourite altcoins?
- Thread starter nomad
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I don't have favorite altcoins but I tend to choose coins that have potential, even though I hold Ether and ADA but they are currently staked. Apart from that, other altcoins such as ORDi and PUPS are only for the short term of less than a year.
I am majorly into Tron and Solana for now. I hold a little bit of Magic. These are the only Altcoins I can feel free to invest in and hold.
Several years ago, when Tron (TRX) was launched, people were interested in investing large amounts, and I saved and staked in various Tron wallets, but it turned out that the price of Tron was unstable and continued to fall, so I had to cut losses even though I was losing money.