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Topic: Everyone who buys Coins from the Top50 will stay poor - page 2. (Read 988 times)

hero member
Activity: 1904
Merit: 541
Are you saying that altcoins are those listed in the top 50 altcoins on CMC(coinmarketcap) or coinecko? Because I think either of these two, all of the top 50 listed in their platforms, most of them you can make a profit doing crypto trading, maybe in that matter it depends on you which strategy to do you as an individual trader.

In short, you are wrong that those who buy coins that are in the top 50 remain poor, you are wrong there. I don't know what you are basing it on, but whatever it is, you better review it again dude.
full member
Activity: 560
Merit: 143
Active 24/7
...I also like to invest in new projects, but I think now is not the right time to invest, investing in new projects is now more risky than profitable so I'm not in a hurry to invest. The hasty investment will lead to failure.
Crypto have change in the past months with lot of investment both the fake and real all choke together which causes gigantic lost in funds. Targeting a coin to bagged currently is not advisable to jump in the bear season. Experience traders do make money in the bear season with futures and spot trades. While buying for long time purpose is also good but everything now work with time like we all heard of Luna that dip below it's ATL price and locating a new one. Most people that hold it for long term purpose lost everything and this have taught me big lesson in the market.
legendary
Activity: 2268
Merit: 1655
To the Moon
...I also like to invest in new projects, but I think now is not the right time to invest, investing in new projects is now more risky than profitable so I'm not in a hurry to invest. The hasty investment will lead to failure.

In such a bear market, when even the top coins have lost 90% of their value, there is a very large choice for investing. Accordingly, such a coin theoretically has a chance to return to its ATH on a bull run and bring its owner a 1000% profit. So it is safer to invest in the old coin now than in the new one, and at the same time the profit will be approximately the same.
legendary
Activity: 2184
Merit: 1024
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@OP Still looks unwise in the title. If you want to promote tokens, you shouldn't compare them especially with the top coins, their have quality at this crypto industry. I personally always think more investment in unpopular altcoins is very risky, although every investment in crypto is full of risks, but at least put a bite in the top 50 is the safest thing for now. Actually is good if searching asset on small cap altcoins to put in portofolio, but all of them require a good analysis in research.

He said he is not part of the project he is just an investor but I don't believe, his account has only 3 unique posts and 2 of them are marketing for modefi by comparing it with top projects. This is really unwise marketing, older projects are not as profitable as new projects, but they are safer than new projects, and in a bear market like today, people tend to put safety first.

I also like to invest in new projects, but I think now is not the right time to invest, investing in new projects is now more risky than profitable so I'm not in a hurry to invest. The hasty investment will lead to failure.
legendary
Activity: 1904
Merit: 1176
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@OP Still looks unwise in the title. If you want to promote tokens, you shouldn't compare them especially with the top coins, their have quality at this crypto industry. I personally always think more investment in unpopular altcoins is very risky, although every investment in crypto is full of risks, but at least put a bite in the top 50 is the safest thing for now. Actually is good if searching asset on small cap altcoins to put in portofolio, but all of them require a good analysis in research.

Top 50 coins are not a guarantee that you will be able to make a successful investment. Take a preview of the top 100 a few years ago and look at the top 100 now, you'll see how much the projects in the top 100 have changed. Good projects always start at the bottom and work their way up, what is in the top 200 today may move into the top 100 in a new bull market, or go even lower. You need to analyze projects and watch their work, if you want to invest in altcoins, then you need to select several projects to spread the risks, but the basis of your portfolio should be bitcoin.
staff
Activity: 2436
Merit: 2347
Learn from the early crypto people who trusted early projects and got rewarded. You just need to find the good projects (modefi over 1 million lines of code, self-funded), the good teams, the crazy and creative teams, the guys who will make the world a better place and help replace banks, mainstream media and centralized social networks.

I agree that buying already released and developed crypto projects will no longer bring huge profits on the short side, as it was when these coins first appeared. New coins have a much better chance of showing x100 than those that have been trading for a long time. But to find those very new projects, it is an extremely difficult task due to the fact that such projects appear every day in dozens of pieces and you need to have good analytical skills to find that very gem among a pile of mediocre new coins.
hero member
Activity: 2156
Merit: 531
@OP Still looks unwise in the title. If you want to promote tokens, you shouldn't compare them especially with the top coins, their have quality at this crypto industry. I personally always think more investment in unpopular altcoins is very risky, although every investment in crypto is full of risks, but at least put a bite in the top 50 is the safest thing for now. Actually is good if searching asset on small cap altcoins to put in portofolio, but all of them require a good analysis in research.
hero member
Activity: 2184
Merit: 513
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If you buy and panic when you see the price drop and sell then you will lose and be poor, the best strategy to invest in top 50 coins is to buy and hold long term, for example 2 years, I'm sure after 2 years hold the price can go up at least 25%.
No man, he wants us to buy his token. His statement was actually make sense cause by when someone bought at the bottom price for smal marketcap coins and this may give decent return compared with the big cap coins in the market. 25% is very small for 2 years. You can even make more when you are investing in the small cap coins at this moment. The result totally depend on the various factors
sr. member
Activity: 1848
Merit: 261
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If they buy coins that don't have good development, then it will be useless even though we are still in a bear market circle, quite likely it won't make us profitable, even though it has top 50 coins, because we are in this year, everyone thinks hard  and set the brain in trading, it's really hard to guess the trade at the moment, so maybe that's probably why we don't get an outfit in trading this year...
legendary
Activity: 3038
Merit: 1024
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I think this is not true, if we want to get a big profit by buying Top 50 then I suggest for a long -term hold or at least 3 years, many coins skyrocket when we are 3 years old, and we will be poor if we buy Top 50 and immediately sell When you get 5% profit or even less, then buy again at a higher price so it will be difficult to get huge profit.
it's not true at all. He wants only tell others about his portfolios. nothing more. I have been seeing he was creating some threads related with modefi which makes me think if that token was a scam caused by used shiller to promote its token while blaming people who have invested in another token too. that's why im not even thinking what he was promoted was legit. it's actually bad token.
legendary
Activity: 2338
Merit: 1923
Profits are profits when they are realised. We all know the feeling when we invest in altcoin or use our BTC/ETH to do it. When this coin makes a run of x10/100/1000, it is not easy to hodln in between, or to sell at all to own another coin, or to have FIAT, because you need it for something conservative. A coin from the top50 is not wrong if you want to build a portfolio and minimise the risk. Greed makes it hard and you can't punish yourself for it.
hero member
Activity: 2478
Merit: 695
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I am thinking thinking totally against your thinking. I believe that only top 50 will carry on market in bull season. There are so many projects which has potential of high Profit for investors. Dot,Link,Ada,Matic,Eth,Xrp,Xlm,Atom are high class project which has high ecosystem for many projects. Community need this project and their token will perform well. The coin you mentioned is not so good like Chainlink and will completely get you down .

Everyone is entitled to their opinion but if I may ask, so far in the history of bull circle, has what you described ever happened? That only the top 50 will bull run?
If there is a way to filter all the alts that did x100 and above in the last bull circle, you will be surprise the number of top 50 alts that will be among the list will be less than expected.

I could recall most of the x100 and above projects were mostly NFTs, Metaverse, DeFi's which are new in the market. This is base on my observations but that does not dispute the fact that some top 50 won't give similar results.
When you look at performance from different launchpad and exchanges you will have a clue of what am pointing at, those sales where all newly launched projects and investors made x50 and above from most of them.
hero member
Activity: 2562
Merit: 577
In crypto, not everyone will get rich, some will continue striving to make a living, others will make it big depending on how they navigate the ecosystem. Small mc are very risky and can also be very rewarding. And somehow you made a valid point, most high mc project can only give you a decent profit to leave by but hardly will you get rich through them but they are safe to invest on. Low mc cap on the other hand are high risk, high reward (if you are lucky).
legendary
Activity: 2716
Merit: 1383
that kind of statements are generally baseless, you could still make quite the returns investing in 50th ranked coins and beyond with the right strategy, literally just investing when it's discounted like around these moments and then liquidate once there is massive bullrun, worst case scenario is that the coin will just stuck but still significantly good alternatives than investing in shit coin that could get you scammed.
Not only that while I do not recommend the use of leverage to inexpert traders you can use it and obtain big profits by trading the top coins in the market, besides if we take the time to look at the statements of the OP and see if they are true, we are going to find that most likely those that decide to take the risk with new coins are the ones that lose the most money as they are not really aware of the risks they are taking and how irresponsible their actions really are.
sr. member
Activity: 1344
Merit: 335
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Is there a data that supports this statement? Or just a speculation since many claims to get more profit with small and new tokens but didn’t know the total number of those who lose money because the project turns into a scam project? Investors want’s to be more safe nowadays and investing with Top 50 coins are a good strategy. Though you can invest on both new projects and old projects, your success will always depend on your strategy.
op give unlogical statement in my opinion , shitcoins that make us poor where ITS price dump harder than top 50 CMC and even could recover again. Alot shitcoins become scam projects and their developer use this moment to exit liquidity. Top 50 CMC atleast give US insight they could survive for long time although market crash. Give small allocation for shitcoins and be ready if it turn to scam.
legendary
Activity: 2268
Merit: 1655
To the Moon
...Learn from the early crypto people who trusted early projects and got rewarded. You just need to find the good projects (modefi over 1 million lines of code, self-funded), the good teams, the crazy and creative teams, the guys who will make the world a better place and help replace banks, mainstream media and centralized social networks.

This is the problem of investing, and it is not at all easy to find such a promising project that will bring a profit of thousands of percent. In addition, not every investor will continue to hold coins that have already increased in price several times, because very often after such an increase, the price of the coin is adjusted.
fvb
member
Activity: 1470
Merit: 13
If you so confidently assert that in the future this can give investors fabulous profits, then please tell me where the information came from. Or at least give a hint what is the value of this token and what such utility for the cryptoindustry can be in the future from the use of this token.
legendary
Activity: 2520
Merit: 1496
There are almost same altcoins, but each time in different order in top50. How can owning such altcoins turn a person into bankrupt? I know that in just one day the value of an altcoin can go down, but top50 alts always have some value, and time time to at least save half of your investment when you sell in a rush. Besides, no one forbit to diversify risk and not put all eggs in same basket. A person that claims "having top50 alts = stay poor" is a dilettante in crypto.

An example - SEC is trying to kill Ripple for ages. Ripple has been jumping in top10 all the time, but its value never drops to zero. Buying Ripple will make me poor? Sheesh, good luck Cheesy
hero member
Activity: 2156
Merit: 521
some of those who invest in low rank coins have a way to promote their coins by making beautiful words to get fresh investment money. their target is beginners who don't understand crypto at all with a little word "get rich quick" of course everyone will. this is the problem, but it's clear that they themselves shouldn't need to promote the best coins because that only makes them make new rich people to compete with them.

That's the same as taking advantage of people under the pretext of kindness. Especially if you have seen the telegram group the trading signal will be very annoying, for example when the owner has bought coin A and after that the owner makes a post that there will be a pump signal for Coin A, after that the group members also buy the coin, causing an increase which is quite significant and after that the owner sells the coin to take profit, isn't that a scam? I can't understand why there are still people who believe in such groups.
sr. member
Activity: 1484
Merit: 447
I cannot deny that many people become rich very much because of their luck or profits in the new hype projects that commonly will pump very high once after listing. They can gain big profits by investing during the pre-sale and then selling at a high price.
But, do you know how many people lost their money because of investing in new projects in hype? There are also many people who become poor because of it.
So, whatever you do, as long as you know it, just do it sure within the exact analysis and knowledged that you have. But if you don't know it and are also not sure about it, just leave it, better to stay in the top coins that have more fundamentals with a high market cap, this will be fewer risks than the new projects.
It can be said as a high risk, high turn probability. and vice versa.
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