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Topic: Do you always invest in top ranked coins? - page 4. (Read 26800 times)

sr. member
Activity: 728
Merit: 250
October 11, 2019, 05:09:32 AM
Whatever coin you choose, you should start with small amount of money to invest, so in case you loose everything, it won't affect you life much. Be smart, always make a research. And whether it is a top coin or not it should have a potential. No one can tell you will you get the profit or not, it's your choice and your responsibility.
member
Activity: 854
Merit: 12
arcs-chain.com
October 11, 2019, 02:45:32 AM
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 ?


nothing will "always work", there are always risks envolved, even with top ranking coins, so you should only invest what you can afford to loose...
to determine the coins to invest you need to read about each project (maybe start by top-ten) and check the ones where you see more future, best deal, more volume, etc...
of course tha safest way would be staying in BTC and Ether and not much more....
sr. member
Activity: 784
Merit: 282
October 11, 2019, 02:23:26 AM
Yes, it's always a good and safe idea to bet on top "blue chip" or top-ranked coins. Especially with cryptocurrencies, you can never go wrong with high market cap coins that are much less prone to market manipulation.

On the other hand, if you want to make a killing, you'd have to invest in lesser known coins before they pop and grow exponentially.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 11, 2019, 12:49:45 AM
Not really, but the investment options in altcoin which are at the bottom are very risky. why I say that because so many altcoin now in less than 1 year even their trading volume has decreased greatly. there is no "BUY ORDER" Even the worst is there is no update after their sale. things like this are certainly not possible for us to choose as an investment
Welcome to Cryptocurrency investing(specially to altcoins) those that you have mentioned are scam or shit projects and don’t really have the plan to go further to next level instead they created the project for sole intention and that is to profit instantly

But there are som that focusing in development,that’s why their currency has no activities because they are not into selling but to progress of the product and services
full member
Activity: 1134
Merit: 103
October 11, 2019, 12:39:48 AM
Not really, but the investment options in altcoin which are at the bottom are very risky. why I say that because so many altcoin now in less than 1 year even their trading volume has decreased greatly. there is no "BUY ORDER" Even the worst is there is no update after their sale. things like this are certainly not possible for us to choose as an investment

Yes, you are right, but we should also check their updates and progress because by considering their prices, it is not a good idea. Low valued potential coins are showing their credibility slowly when the market starts recovering. Even potential coin is facing this downturn and it will take time to recover their prices.
sr. member
Activity: 1120
Merit: 256
October 10, 2019, 11:08:11 PM
Not really, but the investment options in altcoin which are at the bottom are very risky. why I say that because so many altcoin now in less than 1 year even their trading volume has decreased greatly. there is no "BUY ORDER" Even the worst is there is no update after their sale. things like this are certainly not possible for us to choose as an investment
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
October 10, 2019, 05:11:01 PM
The only top rank coin i invest in is bitcoin and etherum. I divide my portfolio into some certain percentage.  I use some to invest in top rank coin and the rest to invest in undervalued coin. All i just do is to make some research on the said coin and buy it even if it is not a top ranked coin. Because most coin that give good ROI of x10 and above are not top ranked coin.  This is because of the market cap of the top ranked coin? It makes it difficult to give a crazy profit like low ranked coins with small market cap
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
October 09, 2019, 02:46:54 AM
The crypto market has a very high level of volatility, its value movements can occur very quickly, and defeat the trading logics that have been known so far.
Before you start investing, you can look at a chart on the market and focus on the chart so, you will get an understanding of the ups and downs of prices easily.  The main key is you have to understand the ups and downs of prices on a coin that you want to invest.  Professional traders will usually buy some top coins and create a portfolio that lists their assets.
Things like these are done to minimize any risk of loss that might occur.  Trade with quality, not because of quantity.
As a suggestion, you can start first in a small amount that suits your pocket.  If it works, you can increase your investment in a larger amount.
sr. member
Activity: 672
Merit: 254
October 05, 2019, 02:43:57 PM
I invest in a coin that has a strong community and a good idea. My last purchase was on Probit and this is the BTZC token of the willows in the project and I can advise it since I have been watching it for a long time
Yes, this is a really good approach to investing. The more knowledge about the project or token in the investor, the better. You need to very strongly analyze the project or token.
member
Activity: 308
Merit: 10
Erotic Industry on the Blockchain! RachelX
October 04, 2019, 12:12:11 PM
I always try to invest only in top coins on the market, because they are the safest and more predictable, and in time the top coin will certainly grow
hero member
Activity: 1540
Merit: 508
October 04, 2019, 08:41:54 AM
I never invest into top 10 coins because you cant earn profit from them,better way is to buy bunch of cheap shitcoins and wait till prices goes up Wink
More precisely, we need a long time to make money from the top coins because so many people choose, do not want to sell too early, it makes the price will be slow to develop and can not go up quickly, there are better and faster options for us to be profitable without having to focus on these top coins. But I certainly wouldn't recommend it as you when shitcoin is always something that is hard to profit, my better direction is that we should choose coins that are in relative rank, value and stable trend, they are usually pumped and dumped targets.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
October 04, 2019, 08:12:49 AM
I rather to risk all my money to invest in top cryptocurrencies than using to invest some altcoins. I always invest in top rank cryptocurrencies and mostly I invest in bitcoin ,ethereum and ripple. I have new one altcoin investment and it is binance coin and I know it is also belonged to the top rank cryptocurrencies. Maybe we can still invest in low rank altcoin because there is chance that they beat top rank altcoins.
hero member
Activity: 835
Merit: 500
October 04, 2019, 08:09:43 AM
I never invest into top 10 coins because you cant earn profit from them,better way is to buy bunch of cheap shitcoins and wait till prices goes up Wink
full member
Activity: 196
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
October 04, 2019, 01:51:10 AM
Not always, but in the last time, I mentioned that investing in "promising" altcoins won't bring you much benefits.  I hope things will change in the future, but for now the best choice is top altcoins like ETH, BCH, LTC and of course the main crypto currency.

Investing in potential altcoins is always good, but we have to invest in the right time because if we invest in the high value it is impossible to make profits quickly. So it is always good to invest when the coin prices are at the deepest level, which will help us to make fast money with the recovery.
I also think that investing in the TOP-10 coins of the cryptocurrency market is not entirely professional or even interesting. This year I try to choose coins with TOP-300. I analyze the capitalization and average trading volume.
sr. member
Activity: 1540
Merit: 255
September 30, 2019, 01:50:07 AM
Not always, but in the last time, I mentioned that investing in "promising" altcoins won't bring you much benefits.  I hope things will change in the future, but for now the best choice is top altcoins like ETH, BCH, LTC and of course the main crypto currency.

Investing in potential altcoins is always good, but we have to invest in the right time because if we invest in the high value it is impossible to make profits quickly. So it is always good to invest when the coin prices are at the deepest level, which will help us to make fast money with the recovery.
legendary
Activity: 1264
Merit: 1008
September 30, 2019, 12:57:45 AM
Investing on TOP ranked coins or other coins are depending on the situation of the market conditions.
When compared with other coins, TOP ranked coins, specially TOP 10 are relatively more stronger than other coins at bear market.

When there is sudden price change at BTC, all market crushed/crushing/will crush badly. These TOP ranked coins also will crush but not as much as other coins.
By the way when the alt season come and we see bullish movements at alt coins, TOP ranked coins may be slower than other coins, which have lower markep cap.

You can expect %50-60% price increase from a coin in a few days which not at TOP Ranked coins. TOP Ranked coins will not make this huge price increase in a day.
Briefly, investing on TOP ranked and Non-TOP ranked coins depends on the market situation.

High Risk = High Gain & High Loss
full member
Activity: 756
Merit: 111
cro.baby
September 25, 2019, 05:55:17 PM
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 ?


During this time, in participating in crypto, seeing a coin with the top rank can provide a success rate of up to 70% of non-coins with the highest ranking. If it is associated with the market, the level of success cannot be measured, because in a matter of hours or even minutes, everything can change
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 23, 2019, 06:25:38 PM
There is no point of investing in secondary altcoins at the moment, because even the big coins cannot raise in price. BTC is the best choice for now and we would see what would happen in the future, when dominance decreases a little bit.
I agree with your opinion, but altcoin is also pretty much good even though it might not be comparable to the bad.
investing in the best altcoin in cmc is also not to be considered trivial, it can still be profitable. although we also realize that all altcoin is currently in a pretty difficult period, but it will end when bitcoin is also moving well.
full member
Activity: 966
Merit: 104
September 23, 2019, 02:34:12 PM
I always focus on the highest rated cryptocurrencies to avoid a lot of risk, but recently I have been reviewing all my assets and rid my portfolio of coins that are dangerous in my opinion.  I do not want to invest in Waves and Neo anymore, because they have no future prospects.  But I try to replenish my portfolios with coins like DogeCoin and BNB.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
September 23, 2019, 11:09:36 AM
for now, yes, I'm focused on collecting the highest-ranking coins, specifically bitcoin and ethereum. some people focus more than that, even more than 5 altcoins. that's because they believe that among the coins in the top rank will have a high price, it's just that we don't know which coin will be pump early. so far, I feel that the development of the crypto pump will start with bitcoin and ethereum. so, I plan to focus on investing in those two coins.
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