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Topic: Do you always invest in top ranked coins? - page 11. (Read 26800 times)

copper member
Activity: 476
Merit: 4
Of course I should invest in top ranked coins where there will be a high chance of making profit. In crypto space, one need to be very careful and do thorough research before investing in any project. There are some underrated coins that do extremely well but it's a bit risky cause you can't even tell which one will do well.
hero member
Activity: 1302
Merit: 540
Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

Not really.  after booming with x10-x100 growth in the 2016-2017 period.  The current market situation is almost saturated and has a high dependency mentality.  Of course, the top currencies give you more opportunities and reduce speculation risks.  therefore, just spend a catalog corner on the top pennies on the market and a little on new projects.  It ensures that your funds are balanced with high profitability.  Finally, it is a priority to stay long term.
Those coins around top ranked positions also gives investors some breathing as the devaluations is not that hard, unlike projects which mostly for pumped and dumped purposes can die anytime and surely you will lose your entire investment.

You can always use diversions or splitting assets, it takes good understanding to make sure you are always in the right track.
hero member
Activity: 1400
Merit: 505
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
If the project is stalled then you will not see much trading as investors will dump the coin in the exchanges and more over these projects will be removed from exchanges from time to time if there is no improvement and we have seen that in the past and majority of the projects closed their offices when the market went down, so the validity of the project is directly related to the trading volume.
member
Activity: 700
Merit: 14
Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

Not really.  after booming with x10-x100 growth in the 2016-2017 period.  The current market situation is almost saturated and has a high dependency mentality.  Of course, the top currencies give you more opportunities and reduce speculation risks.  therefore, just spend a catalog corner on the top pennies on the market and a little on new projects.  It ensures that your funds are balanced with high profitability.  Finally, it is a priority to stay long term.
hero member
Activity: 949
Merit: 517
Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
True, it will give better profit if you find a good coin which are low in marketcap now.

I am sure there's still a lot of undervalued coins in the market now, we have to exert an effort in researching as all of us here wants better profit, but most of us here does not have a big capital to earn a decent profit. Low marketcap coins could generate big profit so it's also worth risking for with our money.
sr. member
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
member
Activity: 219
Merit: 15
Top ranked coins or the so called strong coins are good to invest when the price of bitcoin is surging because they can still able to go up and not so affected by price rally. Low ranked coins are profitable when the price of bitcoin is steady or moving slowly but they tend to go down if bitcoin is uptrend. Before investing in any coins, analyze the market and the coins you are planning to buy first.

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
hero member
Activity: 2814
Merit: 576
DGbet.fun - Crypto Sportsbook
Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
I admire the style, buying the top 10 is just for gamblers who wants to play safe in crypto when there are still a lot of coins in the market that could give them better return provided they will be successful. Maybe diversifying on a currently strong coins and undervalued coins is the right thing to do, also having a long term and short term investments would make you a flexible trader or investor.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
I always invest in such coins. They have enough liquidity and volumes on any exchanges. At first. They are very similar on the BTC and trading to stable coin as USDT or same is very similar. Price graphs are the same but with features. And their movements are more predictable than other altcoins where it's a gambling.

crypto is unpredictable mate, for example at the beginning from this month bitcoin price run under $5500 but today the price of bitcoin running above $8500, and thats more than 50% rising only in this month, and sometimes the price could down hard just in few second right
even a big and reliable cryptocurrencies such as bitcoin still unpredictable, right ?
but, if we invest in a good and solid crypto project such as bitcoin and ethereum we can reduce the risk of investing in cryptocurrencies,
because in my opinion a good crypto will rising its value for long term  Wink
member
Activity: 630
Merit: 10
I think that enthusiasts will not encourage cryptocurrency users to invest only in the highest rated cryptocurrencies.  The fact is that it does not fully reflect the real demand for the market.  In order to popularize the cryptocurrency in society and introduce it more widely into everyday life, we must support, among other things, new projects that should really be of interest to society.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
for some reason yes, i will buy a top ranked coin in cmc
but, when i see a good and potential coins in the lower rank, i will drop my money there too buddy


That is the 2017 tactic,,, it does not work anymore my friend. I look back in my past history and am thankful I invested most of my buys into top ranked coins, but also more importantly, projects that were alive and had existing use cases. I still have several investments from what looked like good potential coins but they had no USE cases. Could not buy anything with them could not use them for apps,,, and eventually they just died not just in terms of price but activity. That is why it should be wise to stick to top ranked coins for a solid foundation.
full member
Activity: 588
Merit: 101
Free Crypto in Stake.com Telegram t.me/StakeCasino
Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
With the current condition on the market, you still can do that on top 10 coinmarketcap. The price is easily go up and go down and you can do short-term trading with it.

I also do short-term trading too but on top 10 cmc coin like ethreum and bitcoin cash. The result is so far so good.
member
Activity: 560
Merit: 11
Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
sr. member
Activity: 1078
Merit: 354
Hte point it that the top ranked coins are less likely to cllapse completely, and tend to suffer less in a bear market. So although BTC price dropped, it still fared better than ETH, which in turn fared better than most coins outside top 10, and so on. Also it is dangerous to start with less well known coins as you need to keep on top of all the news and rumours more as the prices for these tend to be more volatile.
member
Activity: 476
Merit: 75
The first 10 coins in Coinmarketcap can be invested and a 2-year investment. Then a nice gain can be achieved. Because every day the market becomes more and more recognized.
full member
Activity: 640
Merit: 100
all depends on the trend conditions in the market but for the situation some time ago investing in the top coins is the best choice because they are not doubted for their growth and have a high market capitalization value.

indeed not all will always succeed because the market will continue to move which we do not know where the price is but it will convince us for a good long-term investment rather than other coins that are not too well-known especially having an unclear team for future projects.
sr. member
Activity: 812
Merit: 262
Low-volume coins have a high gain. However, there is a possibility of high loss. Now everyone will be at risk according to their own situation.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
No, sometimes I try to trade with low volume coins too because those coins can give you huge profit than a top ranked coin! But you can earn regularly from the top-ranked coins but from low cap coins, you don't know when will your luck favor you!
sr. member
Activity: 798
Merit: 251
I invest in Bitcoin and Ethereum, i think both are the best investments for the long term.
I really agree with what you say, I believe and believe in bitcoin or altcoin for investment and I think the development of crypto currencies depends on the investor itself
full member
Activity: 756
Merit: 105
Trphy.io
all coins are very vulnerable and unstable because of that to anticipate a lot of losses I am more interested in short-term investments and even when the market is now so fast prices go up and this makes me have to be careful in making decisions
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