Is Altcoin Safe for Investment - page 12.

celot

sr. member

Activity: 1492

Merit: 269

Quote from: bots1 on June 28, 2021, 09:09:29 AM

Quote from: SHAHKHAN22 on November 30, 2020, 02:44:41 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 ?

My advice, you should think carefully before investing in an Altcoin Project. It is usually not so easy to know for sure the sustainability of a project from a business and technology point of view. Therefore, you must be wise , not to spend money more than you can afford to lose. So you should be able to do your own research and choose an altcoin project that offers a good concept, a clear product or a concrete service.

Risk investing is happen on any investment way, I think not only in cryptocurrency we faced many trouble when investing, but how to manage and know great or not some project of altcoin before investing, like you can try with good altcoin to invest BNB or hold BCH. If holder you can hold both coin and wait few months later maybe price pump.

bots1

sr. member

Activity: 789

Merit: 243

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: SHAHKHAN22 on November 30, 2020, 02:44:41 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 ?

My advice, you should think carefully before investing in an Altcoin Project. It is usually not so easy to know for sure the sustainability of a project from a business and technology point of view. Therefore, you must be wise , not to spend money more than you can afford to lose. So you should be able to do your own research and choose an altcoin project that offers a good concept, a clear product or a concrete service.

bekti3

member

Activity: 1078

Merit: 15

Quote from: kojektea on June 20, 2021, 11:18:59 AM

Altcoins can be safe, if you invest in altcoins that have a high trust value, you can see them in the coinmarketcap. Well, maybe what you're referring to is a new altcoin emerging or an imminent launch. It does happen often fraud, the thing to do is to do in-depth research before investing.

safe? I don't agree with your opinion bro, cause here there is no guarantee that really guarantees even if we are in an altcoin that has a high trust value.
although the trust of people is very high, but still you have to remain alert to all possibilities that occur, for example, such as the fud that is happening now, causing a significant decrease
if you don't want to lose your money with a very big risk there are two ways, first you stop investing here and the second is to learn everything about crypto and always be aware of the possibility that happens even if it's small so you avoid losses

fvb

member

Activity: 1470

Merit: 13

This is the eternal question of how best and most profitable to invest your assets. Only your own analysis of the project will help in this, and in order to understand you need to devote a lot of time to studying the project. Also, sometimes I rely on my intuition and basically it did not let me down.

KaliLinux

hero member

Activity: 1344

Merit: 565

We still understand that even up till now people get scared of investing in Bitcoin which Could be considered the safest of them all let alone Altcoins but that said, Ethereum, BNB more recently Polkadot, Cardano ADA and some more have become investors favourite ALTs to invest in for a longer period. It shouldn't be a question of safety but when is the right time to invest so that you can make the best out of your investment because at the end of the day, all crypto investment are of high risk.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

After all these years, we are still debating whether cryptocurrency is safe or not. It is actually very simple. There is no asset that can be considered as 100% safe. If you want to go for a safe asset (which is still only around 99.99% safe), then you can go for US treasury bonds. But the return is like 1.2% per year. Now there are assets such as equity and bank deposits, which have a higher probability of return. But the risk factor increases with the potential return. Bitcoin and other cryptocurrencies are at the opposite end. The risk involved here is extreme, but there is also a chance for 10x or 20x return in a few years, which is not available with any of the other assets.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: smartaction on June 27, 2021, 12:05:03 AM

Altcoin investment is more risky then another coin like Bitcoin. And Altcoin investment profits here are also much higher. Because its price fluctuates more. The amount of profit here is as high. The amount of loss is also much higher

Whatever the investment, it certainly has risks but for me at least investing in altcoins is much safer than investing in meme coins,
basically all cryptocurrencies are volatile in price and we should know about it,
if we can choose the right altcoin it is not impossible that we can make quite a large profit

smartaction

legendary

Activity: 1918

Merit: 1122

Leading Crypto Sports Betting & Casino Platform

Altcoin investment is more risky then another coin like Bitcoin. And Altcoin investment profits here are also much higher. Because its price fluctuates more. The amount of profit here is as high. The amount of loss is also much higher

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Investing in fully cryptocurrencies is very risky and has the potential to run out of money. But the good news is that if we invest in the right projects, our assets will increase significantly.
What is needed before you invest in altcoins is, do more in-depth analysis and research until you really understand the project. That way you can be wiser in deciding to invest in assets with high volatility.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: ?? on ??

yes altcoins are very safe for now, but use 50% of your total capital,
because if there is a follow-up dump and you go to the bottom again then you can buy another 50%,
then hold for the long term, there is still a long way to go for the price of Bitcoin, so don't worry about altcoins

Hope you still haven't had some alcohol and still in control of what you are suggesting, the red spots have spread continuously and you are signaling this is a safe place for altcoins and investing, it's really contrasting and paradoxical, the correct indicators in recent days are not safe and investing will need experience to cut losses, instead of being stubborn. Actively attacking is not a good way when you are not a talented general, the important task is to wait for intelligence and inside information.

heroalam

jr. member

Activity: 266

Merit: 1

Right now not safe, wait for bitcoin stable any position than the right time for Inter any alt coin

Princejebs

member

Activity: 560

Merit: 26

Quote from: Godwinpaul on June 23, 2021, 01:25:51 PM

Investing in altcoin isn't a bad idea, it's just that the market is not very friendly lately. I think it's best to invest in projects or coin that you can comfortably hold for long term without fear of it going extinct. If the altcoin on your list can serve that purpose, then its a good deal.

Altcoins are very scary thing when they are overbought especially when all time high is achieved. The sweet part is when you bought them at lower prices, by the time bull runs begins, they move like wild beast without destination.
It's always good to buy this altcoins when there is bear market like now but it's best practice when you cost average them gradually until you bought the bottom and then ride through your profit.
Stay out of shit coins that don't recover after they collapsed, they always lack liquidity and you wouldn't be able to sell them.

Bertyda

jr. member

Activity: 201

Merit: 1

Quote from: TmHsHel on June 25, 2021, 11:10:02 AM

Quote from: Nekonoid on June 20, 2021, 11:14:32 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

After the market falls, comes the raise of the market, so you need to continue developing the project even during the fall, although it is much more difficult to draw attention to the project during the fall.

It is difficult to say how long the market will continue to fall, so we need to continue developing the project.

TmHsHel

jr. member

Activity: 98

Merit: 1

Quote from: Nekonoid on June 20, 2021, 11:14:32 AM

Quote from: bastian466 on June 20, 2021, 11:11:21 AM

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

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

After the market falls, comes the raise of the market, so you need to continue developing the project even during the fall, although it is much more difficult to draw attention to the project during the fall.

Quantum907

member

Activity: 644

Merit: 10

Quote from: SHAHKHAN22 on November 30, 2020, 02:44:41 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 ?

.

If you ask safe or not, of course there is no safe, crypto assets can be hacked, stolen, until they are of no value, investors will certainly observe and always know crypto developments so they can avoid risk.

Mihawk

sr. member

Activity: 1149

Merit: 347

It's a delicate situation, but I usually use the community around the project as a thermometer, maybe this method is a little archaic or ineffective, but it helps me filter and discard projects whose purpose is pump & dump. When you think of community, you eliminate over 90% of existing projects. Another factor I use is the utility of the project, which reduces this percentage even further. I'll be honest with you, although I support altcoins, most of them are useless because they can't do the basics.

nowlscor18

member

Activity: 282

Merit: 11

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: Reid on December 01, 2020, 01:42:49 AM

Bear in mind, all ICO's have high risk but also high profit if successful.
The same goes for DeFi's.

I will worry about the team behind it.
If they cannot even show their faces in a video chat then get out. High risk becomes a very high risk because of that.
Also, check their identities and past jobs.
There are applications now with profiles and I bet they are all signed up there. i.e. LinkedIn.
Dig deeper. Don't stop there. You should make a high risk investment at medium risk as much as possible.

Yes I totally agree, all cryptocurrency have high risk especially investing into it during downfall or they make any changes for their prices. But, I believe if it will be successful then it also gain high profit for the future. Showing their faces is very important especially to those people who are investing. Dig Deeper, Dont Stop,Take risk and you will be successful soon. Research is the best way for you to distinguish if it is safe or not since it is already known. Research before investing especially when investing in a new projects. Doing research help you think what is safe cryptocurrency coins.

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

Quote from: mamahdedeh on June 24, 2021, 10:17:46 PM

Quote from: otundebis on June 24, 2021, 07:01:04 PM

It depends on altcoin you want to invest in. If you invest in a coin like ethereum, Cardano, and other worthy altcoin that have proved themselves over and over again, you are safe with such altcoin. But if you buy experimental altcoin with no track record, you may be buying into someone wishful thinking!

especially when we invest in new projects, of course this is like gambling. there are indeed some good altcoins as you have mentioned. with a high level of trust and a large community, the top altcoins will always grow, so we don't have to worry about holding them in the long term. but other altcoins maybe we can also get a lot of profit when there is a pump, and we have to sell it right away

That's why I think it's important to do research before investing, especially when investing in new projects.
by doing research at least we can get information that we didn't know before and of course it will help,
That's right, holding on to the top altcoins long term is the right choice and the risk is not too big

mamahdedeh

full member

Activity: 812

Merit: 100

www.cd3d.app

Quote from: otundebis on June 24, 2021, 07:01:04 PM

It depends on altcoin you want to invest in. If you invest in a coin like ethereum, Cardano, and other worthy altcoin that have proved themselves over and over again, you are safe with such altcoin. But if you buy experimental altcoin with no track record, you may be buying into someone wishful thinking!

especially when we invest in new projects, of course this is like gambling. there are indeed some good altcoins as you have mentioned. with a high level of trust and a large community, the top altcoins will always grow, so we don't have to worry about holding them in the long term. but other altcoins maybe we can also get a lot of profit when there is a pump, and we have to sell it right away

terrific

hero member

Activity: 2268

Merit: 507

Catalog Websites

Quote from: Vishnu.Reang on June 23, 2021, 01:02:35 PM

Quote from: terrific on June 23, 2021, 12:53:35 PM

It's important to do research with projects you invest.
If you don't do it. You'll also have the same experience as the others that did experienced scams project when they invest.
Look to the potential of the project through several methods like its team and white paper if it makes sense.

By now, most of the users are capable of distinguishing scam projects from genuine ones. Only the noobs get fooled by such projects nowadays. But at the same time, I see a lot of users investing in overpriced projects such as Dogecoin and XRP. Even users with a lot of expertise sometimes get attracted to these coins, driven by an urge to get good returns in a short duration. Those who make their invest during the start of the pump phase will get good returns, but others will lose their hard earned money on such projects.

Yes, many have learned in the past few years determining what are the scams and what are the legit ones.
Too bad that there are still noobs that are being targeted by these scammers and they're not learning from the experience of others and instead they've learned it on their own.

Topic: Is Altcoin Safe for Investment - page 12. (Read 17872 times)