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Topic: Do you always invest in top ranked coins? - page 8. (Read 26800 times)

hero member
Activity: 1008
Merit: 501
Top-ranked coins are safe to invest. But if you want to play something new to make more profit then sometimes you may invest in a reputed coin which is not top-ranked. Sometimes you may lose, So, to avoid loses, you have to pick the reputed coin, not an unknown random coin !!
full member
Activity: 1134
Merit: 103
You won't gain enough profit just by investing in top 5 altcoins, because new coins that are outside 1000 on cmc are much more perspective and will give thousands percents more profit in the future. (If it is a legit project with working product)

Yes, you are right but we cannot simply invest in those coins because we have to find their potential whether there are any active developments from the team. Of course, it is good but there are some coins which are becoming zero value in a short period of time, so we need to be very careful with those coins.
hero member
Activity: 2926
Merit: 567
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 ?


Platform and community support is a very strong factor that will determine if the coin will stay or not, I've always invested in the top-ranked coin in the market, it's very clear they have a good platform and enjoy good community support, they will not in those positions, if investors do not see anything good about their proejct.
member
Activity: 458
Merit: 10
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 ?

No one can guarantee the success or failure of investing in Cryptocurrency.  However, choosing the top Altcoin has the opportunity to get a greater profit than buying lower ranking Altcoin.  The risk of losing our money is also very small, because the top-ranked coins have a very large community that will not let their favorite Altcoin lose value.
full member
Activity: 602
Merit: 100
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 ?


That is not the basis of investing and trading. Some of these top ranked coins can easily drop from their position whenever a new and improved coin has arrived and listed in the market so I don't do what you are thinking to do. The reason why some of them retain the top 10 is because of their wealthy maximalist are supporting them no matter what happen.
jr. member
Activity: 109
Merit: 1
Contingent upon the market, we ought to put resources into various altcoin to rapidly make a benefit. Tail me with the market vacillations right now putting resources into the top of the line altcoin on coinmarketcap will be a sheltered speculation decision and can enable you to make huge benefits. The market is so terrible so the altcoin develops and changes at bitcoin costs so at the season of value decreases we should purchase the top altcoin to get the most benefit after it becomes back. As I would like to think, the most secure speculation decisions presently are bitcoin, ETH and NEO.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
i agree if all top ranked coin is very good for invest but it's not wrong if you wanna invest your money to low ranked coin some times some low ranked prices going up for more than 10% tho but i dont know how much time for waiting that moment. atleast low ranked coin is good for long term invest for me
Indeed, there are many people who choose at the top to be used as an option, but there are also those who choose at the bottom because they see the potential of good coins and high price increases causing the choice of low coins to be good. and that's not a problem if it's potentially good
jr. member
Activity: 254
Merit: 1
i agree if all top ranked coin is very good for invest but it's not wrong if you wanna invest your money to low ranked coin some times some low ranked prices going up for more than 10% tho but i dont know how much time for waiting that moment. atleast low ranked coin is good for long term invest for me
member
Activity: 406
Merit: 10
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 ?

I invest in the top alts + the alts in the top 150.
these are certainly good businesses and many of them have products and are in the process of developing.
This is a good opportunity to buy the potential alts at a cheap price and hold it.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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 ?

right now also I invested in some of top ranked currencies only because if you invested in the unknown under not trusted currency for the future then there is no use in it and at that time we will taking you this so if we invested in good ranked currency it will always positive for everyone
full member
Activity: 1120
Merit: 101
sometimes not, but mostly I do invest in coins at the top. but if there is a new coin that has the potential to be profitable I can buy it. but more often I invest in top-ranking coins because it's easier to trade in the medium or short term.
sr. member
Activity: 745
Merit: 252
You won't gain enough profit just by investing in top 5 altcoins, because new coins that are outside 1000 on cmc are much more perspective and will give thousands percents more profit in the future. (If it is a legit project with working product)
Agree with you bro. My investment strategy is always invest in low marketcap gems with criteria like : professional team member, proven tech, unique product, or already working product with promising more mass adoption. Low cap good for investment, high cap good for daily trade.
member
Activity: 308
Merit: 10
AMA BCT
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 ?

Yes, it always works. Because the top alts have their own market share and have a large community. They always stay active and it will be safe when you buy its coin and hold.
The crypto market will soon grow and there will be more people participating than those who leave. So don't worry too much. Wink
jr. member
Activity: 178
Merit: 1
yes, I mostly invest in the top coins to reduce the risk, and only a small investment in new coins would be very careful if the project in my opinion has the potential or has been registered in many exchanges.
full member
Activity: 1316
Merit: 108
Business in the cryptocurrency market already carries a huge risk, and many investors use most of their capital to invest in the highest-rated coins to avoid at least some problems.  And even those projects that give more opportunities for profit are chosen even among them.  Nevertheless, I would like to draw your attention to the fact that despite the poor state of the cryptocurrency market, there are some new projects that will really be in demand in society and at such moments you also need to invest, despite the fact that they are still far from the top tens of ratings  .
member
Activity: 556
Merit: 10
I always invest long-term with top coins such as ethereum and bitcoin, BNB of the three coins has very good potential and provides high profits, which is clearly the market and trading volume is no doubt
member
Activity: 672
Merit: 10
simply getting the job done
Invest in top ranked coins is a good choice, just foccus on Bitcoin and Ethereum can already get a big profit if you make a long-term investment. Invest in top ranked coins is less risk than coins from ICO.
member
Activity: 517
Merit: 10
I don't always do that, but investing in top market coins will indeed be easier and less risky for scams. I invest in assets that are actually not very good market ranking. but I avoid investing in new projects. now I am picking up some old assets and approaching the time of their full platform launch.
full member
Activity: 359
Merit: 100
Reinventing Decentralised Finance on BSC
Nope. I mostly buy cheap coins, usually those who are just getting started but I see huge potentials because it will give me the most profit than buying those top-ranked coins. But of course, I purchase top-ranked coins for long term perspective.
jr. member
Activity: 402
Merit: 4
For long term investment, Top ranked coins have low risk of letting you down. Even if you would invest in low rank coin, majority of your investment should be in top rank coin.
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