Is Altcoin Safe for Investment - page 10.

Slash61

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Quote from: BitTraderCute on July 10, 2021, 09:41:07 AM

when we decided to invest in altcoin , we only have two option. FIrst buy the major coins in top 100 coinmarket with low risk or we will buy new project that still in developtment progress and possible to be hidden gem. Analizing need to do and it will influence our next step in market.

but not all altcoin assets are safe. all full of risks like your deed. although some of the top market altcoins do carry less risk compared to newer exchange-listed altcoins that are getting hype with a high probability of falling.
most importantly, never advise anyone new to the crypto market to buy and invest in new altcoin assets. just focus on assets that are already on the market well.

BitTraderCute

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when we decided to invest in altcoin , we only have two option. FIrst buy the major coins in top 100 coinmarket with low risk or we will buy new project that still in developtment progress and possible to be hidden gem. Analizing need to do and it will influence our next step in market.

Helpme_please

member

Activity: 633

Merit: 10

bitcoin or altcoin are good investment portofolio , there are alot cryptocurreny have good utility and great ecosystem and so this project could growth massively in several months or year. With more han 2000 coins in market , we should strictly select them and pick only potential project that will give us profit in future. if we do this well , we will face less risk when buying altcoin.

viananda2525

full member

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Quote from: batako on July 10, 2021, 06:50:08 AM

Quote from: SHAHKHAN22 on November 30, 2020, 01:44:41 PM

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

Do some researches first to learn every aspects from the new coins being offered. This can be the hardest part tho since it wont guarantee anything even after doing researches. It doesnt necessarily that you will find the right project for investment. Invest only the amount that wont "kill" you if something bad happens.

our research will be important part for our existance in cryptocurrency market, if we didn't do this at all and only following sugesstion from other traders or investors be ready to lose our money someday. we will find the positive and negative side from every project and make comparation which is more profitable and have less risk.

batako

sr. member

Activity: 1022

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Quote from: SHAHKHAN22 on November 30, 2020, 01:44:41 PM

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

Do some researches first to learn every aspects from the new coins being offered. This can be the hardest part tho since it wont guarantee anything even after doing researches. It doesnt necessarily that you will find the right project for investment. Invest only the amount that wont "kill" you if something bad happens.

nikita2020

jr. member

Activity: 184

Merit: 1

Quote from: Bertyda on July 08, 2021, 05:13:33 AM

Quote from: Nekonoid on June 20, 2021, 10:14:32 AM

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

The correction is already quite deep. Many cryptocurrencies have already lost half of their value. It is difficult to say how long this correction will last. When the market falls, attention to cryptocurrencies also falls.

Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall.

Liamttw

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Investing in altcoins is risky. The emergence of most altcoins will only circulate in the market for a short period of time, and there is not enough technology to support long-term development.
The price of the crypto market is volatile, and there will be some unavoidable risks. Before investing in a new altcoin project, first understand the market operation of the project, analyze and judge the investment timing, and minimize the investment risk loss as much as possible.

CryptoGuy42

newbie

Activity: 26

Merit: 0

It all depends on the alt coin.
I like to check if it has utility and uses. I like looking at BLOCK, ADA, VET, ALGO etc
Another coin like $BYG is very new but it has a function in Black Eye Galaxy as a decentralized NFT token. It could eventually make a lot of money and gains for someone.

cryptoserega

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Activity: 186

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Quote from: purka5 on July 06, 2021, 06:35:55 AM

Quote from: Nekonoid on June 20, 2021, 10:14:32 AM

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

No one knows how long the market decline will last, so in order to have a competitive advantage over other projects, it is necessary to continue to develop the project, offering new opportunities for users of the platform.

Development is necessary for any market, both falling and growing. However, it is very important to continue developing the project so that the trust of investors and users always remains high.

Tervelatuk

member

Activity: 636

Merit: 11

Quote from: ?? on ??

Quote from: isaac_clarke22 on December 01, 2020, 12:22:18 AM

Probably you'll just go with the flow in some coins and just sell them as what do most people do after the coins get listed at in an exchange.
Not everyone will go according to your strategy since pretty much many would just aim for the earning of the coin rather than holding it for a certain amount of time and do the usual "growing a plant" mindset.
I wouldn't say that all altcoins applies to this.

Some coins will just be a dump and pump once they get listed in the exchange, so if I were you try to find new coins because new coins are better to invest more and sell it right away once you already gain x3 on it remember that new coins are commonly a pump and dump so dont invest for too long on it.

for shitcoin that used for pumped and dumped scenario maybe avoid it will be better than hold it and wait till proftis 2x or even 3x. we didn't know in which project whales will involved, some of them do flash pump and then leave it. personally i am prefer project will strong fundamental that will build in some periode, utility and product will be main key.

Ticketly.me

copper member

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People are losing money on leveraged BTC, and alts often do losses x2 compared to BTC.

Truth is, it all depends on the project, upcoming deveopement and news. etc. Question is to simple tbh.

Bertyda

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Activity: 201

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Quote from: altixz on July 07, 2021, 08:56:57 AM

Quote from: Nekonoid on June 20, 2021, 10:14:32 AM

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

Now the cryptocurrency market is extremely overvalued, so there is a market correction, but the need for cryptocurrency continues to be extremely high, so cryptocurrencies will continue to grow.

The correction is already quite deep. Many cryptocurrencies have already lost half of their value. It is difficult to say how long this correction will last. When the market falls, attention to cryptocurrencies also falls.

Helpme_please

member

Activity: 633

Merit: 10

Quote from: ?? on ??

Quote from: altixz on July 07, 2021, 08:56:57 AM

Now the cryptocurrency market is extremely overvalued, so there is a market correction, but the need for cryptocurrency continues to be extremely high, so cryptocurrencies will continue to grow.

Yes, today I also see that market conditions have started to improve slightly and I myself also hope that this condition can continue to improve in cryptocurrency so that everyone can feel good profits, because corrections that are too long can also torture some people in the crypto space.

hopefully this is the real reversal trend in cryptocurrency market. Most of coins today have greeny candle and maybe some traders will take profit in order to prevent dump. but so far there is no reason to affraid buying bitcoin or altcoin, we have several good news in market now especially about ETF. for long term, bitcoin or other crypto will give us huge profits so dont worry about correction , its normal in market cycle.

kapalmabur

sr. member

Activity: 2002

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Quote from: sherenikaw on July 06, 2021, 03:52:21 AM

I think investing in altcoin is the same as any other investment, that is, if we can manage it well, it will be profitable but all investments have advantages and also risks. investing in altcoins is also risky if you can't choose a good coin, even many people lose because they can't manage it well. does not mean that altcoin investment is bad, it all depends on how we can manage and choose good coins. if all of that has been mastered, surely investing in altcoins will be profitable.

That's how investment must have risks, so it depends on how we have a strategy to minimize risk,
investing in altcoins is much better and less risky than investing in meme coins,
the most important thing before investing make sure to do research first about coins because that is also important

altixz

jr. member

Activity: 154

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Quote from: purka5 on July 06, 2021, 06:35:55 AM

Quote from: Nekonoid on June 20, 2021, 10:14:32 AM

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

No one knows how long the market decline will last, so in order to have a competitive advantage over other projects, it is necessary to continue to develop the project, offering new opportunities for users of the platform.

Now the cryptocurrency market is extremely overvalued, so there is a market correction, but the need for cryptocurrency continues to be extremely high, so cryptocurrencies will continue to grow.

purka5

newbie

Activity: 191

Merit: 0

Quote from: SDKmaster on July 05, 2021, 09:07:43 AM

Quote from: Nekonoid on June 20, 2021, 10:14:32 AM

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

No one knows how long the market decline will last, so it is very important to continue developing the project further.

No one knows how long the market decline will last, so in order to have a competitive advantage over other projects, it is necessary to continue to develop the project, offering new opportunities for users of the platform.

sherenikaw

member

Activity: 630

Merit: 10

rocket.hashbon.com

I think investing in altcoin is the same as any other investment, that is, if we can manage it well, it will be profitable but all investments have advantages and also risks. investing in altcoins is also risky if you can't choose a good coin, even many people lose because they can't manage it well. does not mean that altcoin investment is bad, it all depends on how we can manage and choose good coins. if all of that has been mastered, surely investing in altcoins will be profitable.

Caldear

member

Activity: 114

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Any investment will be risky, especially in the crypto market, where the price of cryptocurrency fluctuates, and the risk may be greater, but basically, the greater the risk in the crypto market, the greater the profit you will make from your investment. If you have extensive investment knowledge, use the right analysis and make the right assets, you can also reduce investment risks.

terrific

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Catalog Websites

Quote from: Kiley33 on July 05, 2021, 08:11:44 PM

Not all altcoins are worth investing in. Because altcoins are very deceptive, we need to learn more. Don't listen to others completely, have your own judgment. Any investment is risky, so be prepared.

I agree.
You do not invest in all altcoins because not all of them are worth it.
Our research is important to determine what are those project altcoins that are good to entrust and invest our money.

Kiley33

member

Activity: 168

Merit: 19

Not all altcoins are worth investing in. Because altcoins are very deceptive, we need to learn more. Don't listen to others completely, have your own judgment. Any investment is risky, so be prepared.

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