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Topic: Do you always invest in top ranked coins? - page 15. (Read 26800 times)

full member
Activity: 602
Merit: 118
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 always (just the same as other coins), but by investing in the top coins at least they have a reputation and a solid team (A solid work team is not created just like that, but it's the result of strong leadership, wise and hard work) in its development, besides, the top coins also often benefit users, because he's stronger and resistant to the adverse changes that are usually carried out by manipulators.
hero member
Activity: 1361
Merit: 506
I do not care about the rank if I would like to invest into cryptocurrency, rank doesn´t matter. And if I find really interesting coin, then it is for me even better if it is a low market cap coin - ranked in top 1000 because there is a potentional of big return on investment.
member
Activity: 644
Merit: 10
when the market is in a bear market. top coins are the most reliable investment. but when the bull market returns, the benefits of top coins are few, compared to some new listings.
Of course, there are enough good projects, which are lower than the first few tens of top rankings, but for investors and for traders, they give very good results. But nevertheless, if we talk about the top ten of the cryptocurrency market rating, then these are precisely the coins that inspire confidence for all users of cryptocurrency.
Of course, you are right about certain rating coins, but if you take into account the possibilities of analyzing the cryptocurrency market, in order to attract your investments in projects we are really sure of, then your income can be much higher than the income from investments in the leader of the cryptocurrency market.
member
Activity: 599
Merit: 10
when the market is in a bear market. top coins are the most reliable investment. but when the bull market returns, the benefits of top coins are few, compared to some new listings.
Of course, there are enough good projects, which are lower than the first few tens of top rankings, but for investors and for traders, they give very good results. But nevertheless, if we talk about the top ten of the cryptocurrency market rating, then these are precisely the coins that inspire confidence for all users of cryptocurrency.
jr. member
Activity: 210
Merit: 5
The Future of Security Tokens
when the market is in a bear market. top coins are the most reliable investment. but when the bull market returns, the benefits of top coins are few, compared to some new listings.
full member
Activity: 668
Merit: 100
DogData
that's right, because investing in the top coins is more promising because there are already many investors who benefit greatly by investing in top coins such as bitcoin and ethereum
jr. member
Activity: 378
Merit: 1
All depends on the conditions of the Crypto market. Like the conditions now, Bitcoin and Ethereum decreases not too far and when it rises it's not too high. Some other coins are the same, so trading daily will be more profitable. I use the top coins every day to trade every day and the results are pretty good.
full member
Activity: 504
Merit: 115
Silent Reader~
I prefer to invest in top-ranked coins (at least entering the top 20 in coinmarketcap). I know the risk of investing in cryptocurrency, therefore I don't want to take the risk anymore by investing in under the top 20.
member
Activity: 576
Merit: 39
It is smarter to invest in the top-ranked coins of course for a lower chance of risking your money,
but for me, I take risks investing in undervalued coins and less known coins but with the meaningful use case that I think will be a click in the future.
Someday I believe that these undervalued coins that I bought will make me a lot of profit in the next few years.  Cheesy
sr. member
Activity: 784
Merit: 250
I invest in Bitcoin and Ethereum, i think both are the best investments for the long term.
of course it is a general investment strategy with crypto or altcoin currencies with the highest ranking crypto market and of course with the aim of getting bigger profits and of course the risks that will be obtained and I think that is proportional to the risks and benefits
full member
Activity: 379
Merit: 100
homt.net
Try to look on what the coin is all about and check on trading if this is has a stable price, also check on the develepor if this is has no negative trust or bad records.
nothing any oin in stable price except Stablecoin, altcoin price are based on demand in market, but i agree for research the developer coin/token whether they are trusted or just scammer, developer with huge name is priority for me
hero member
Activity: 1974
Merit: 856
actually, investing in top altcoins are much safer than other altcoins when they have higher position and get more trust from the investors
That's exactly the reason why many people suggest it. The crypto market is extremely volatile, so beginner should start with the lowest risk coins, which happens to be the largest ones with the largest volumes.
jr. member
Activity: 393
Merit: 1
Coinsbit exchange
Guys recommend paying attention to the new project. This is the most reliable money! This is really cooler than everything in the market in recent years. I'm talking about Sound Money Coin!
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
I personally feel that Rank is just a number for most of the coins, any coin can get into top through Hype and fake volume by whales. Rather than looking at this, I check things about a project with its potential and the future market where the coin/token will get into and how much competition is there in it. I was a prominent supporter of Populous(PPT) and they are bringing a new project which is pegged to Gold. Which means XAUp Pokens are obviously making a change in its market. Projects like these are keeping the crypto alive even in this low and harsh market.
full member
Activity: 1470
Merit: 103
COMBO 2.0
Its not always about the top coins but the strategy you decide to make use of because at the end of the day Its your decision thats going to determine the impact you make with your portfolio so stop following peoples decisions and make one for yourself I think that will help you alot
sr. member
Activity: 1582
Merit: 279
Vave.com - Crypto Casino
Indeed the top rank coins are more able to survive and produce results, but I don't see from one side, because there are still many coins that are not in the top rank but are worthy to get better results.
Besides that the trust that makes coins in the top position also makes them survive, their products are also used by many people so they see that the potential for coin investment is quite good
sr. member
Activity: 1792
Merit: 255
For me, buying top ranked coins is mandatory, I'm sure that the crypto trend will continue to be positive so that someday we can feel the bullrun like 2017, now is the time to buy.
sr. member
Activity: 896
Merit: 250
right because investing into the top coin is very promising the results because there are many who get big and promising benefits when he invests in the top coins such as bitcoin, ethereum and litecoin
sr. member
Activity: 784
Merit: 250
Top-ranked coins already have very good trading volume. So investing will be safer and provide benefits. Moreover, you make a long-term investment, I'm sure if the price of coins, especially for top-ranking coins, surely the price can soar.
jr. member
Activity: 336
Merit: 1
i mostly invest in development coins rather than top-ranked coins development coins will give me confidence for instant pump
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