Is Altcoin Safe for Investment - page 14.

ChaoChibai

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Quote from: awik p on June 21, 2021, 11:49:47 PM

Quote from: mhine07 on June 21, 2021, 09:05:32 PM

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

for new projects sometimes we find it difficult to identify whether the project is good or not. sometimes white paper can't be used as a reference, therefore if I personally prefer altcoins that have been listed at the top of the coinmarketcap to invest

Yes, of course. your statement is so true, basically for me, I think we have to invest first from top listed coins in coinmarketcap. This action will decrease the risk to fail. in my early journey of crypto, I invest on Ethereum and until today, I still hold it though.

awik p

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Quote from: mhine07 on June 21, 2021, 09:05:32 PM

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

for new projects sometimes we find it difficult to identify whether the project is good or not. sometimes white paper can't be used as a reference, therefore if I personally prefer altcoins that have been listed at the top of the coinmarketcap to invest

Sendi blackspade team

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Quote from: mhine07 on June 21, 2021, 09:05:32 PM

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

so before you invest without doing an analysis first of the project you are investing in?
to be honest it is something very bad that you do. I hope that is the last time and give you a meaningful experience.

I myself still believe that the altcoin asset in question is a market potential altcoin. and I like those in the top market. BNB and DOT are currently my biggest bags. I plan this for the long term.

mhine07

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Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

ingiltere

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Quote from: cl0wn on June 21, 2021, 05:49:44 AM

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

That's very good advice from a clown. Ether will probably overtake anything on a clowns world. Grin

Bitcoin is always the safest choice when it comes to crypto-currency investment. Other major altcoins are risky at some point but minor coins are high risk and you should only hold if you %100 believe in that project. I wouldn't put majority of my investment into altcoins though Bitcoin is always a go-to safe haven in every market for me.

viananda2525

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Quote from: domoy77 on June 21, 2021, 10:23:19 AM

Quote from: cl0wn on June 21, 2021, 05:49:44 AM

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

Yes, now is the time to stock up on some ETH at the lowest price because this moment of decline is very valuable for those who want to buy at the lowest price point, but for those who have already bought at a high price, it's good to always be patient in conditions like now.

dont be hurry to buy some ethereum or other altcoin , i see market still face another dump after China fud. looks like current condition still utilized by some whales to dumped market and create extreme fear till we sold our assets to them cheaply. Be patient for a while to buying any cryptocurrency , wait for best moment while we see good news from high influence person just like from china as good sign for market recovery.

domoy77

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Quote from: cl0wn on June 21, 2021, 05:49:44 AM

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

Yes, now is the time to stock up on some ETH at the lowest price because this moment of decline is very valuable for those who want to buy at the lowest price point, but for those who have already bought at a high price, it's good to always be patient in conditions like now.

dimox

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we cant send trust to other people, so if you want to trust some project, just make sure about that project close to successful. there must be an error, but its better if you dig, as deep as possible to see how great they are.
you can find a good ico, it wont be as much as the scam.

CapGelatik

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Quote from: huu78 on June 21, 2021, 06:16:13 AM

Quote from: fahmimajannat on March 27, 2021, 12:58:57 PM

Yes it is untill you are investing in right Projects. There are many projects in the market with great potential in future. But you have to identify them. And hold them untill they rise to the top.
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe

more risky if you don't know about the project, investing is a matter of researching and waiting long enough for you to make a profit and not a short time.
so it will not be easy to determine 1 really good project from the start.

Before joining the project at least we need to do research on the project that we will follow,
until now there are still scam projects so you need to be careful,
regarding investment for me it is a long term asset so we can't expect to make a profit in just a short time

huu78

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Quote from: fahmimajannat on March 27, 2021, 12:58:57 PM

Yes it is untill you are investing in right Projects. There are many projects in the market with great potential in future. But you have to identify them. And hold them untill they rise to the top.
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe

more risky if you don't know about the project, investing is a matter of researching and waiting long enough for you to make a profit and not a short time.
so it will not be easy to determine 1 really good project from the start.

cl0wn

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Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

huu78

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safe if you choose the right one, not safe if you choose a scam project.
for that you need knowledge about researching a project whether it is good or not.
my advice deepen your knowledge about crypto before deciding to invest.

Vishnu.Reang

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Quote from: leea-1334 on June 21, 2021, 03:02:27 AM

Personally,,, this is bad advice to follow. An altcoin could pay 10 exchanges a listing fee for 1 week (and we all know this happens a lot, maybe less these days but it still does). I do agree it is "safer" because it does mean the project has money to pay for listing but I also feel this could trick a lot of people into thinking it is the next big thing and then before you know it,,, listing period ends and you have nowhere to sell but the exchange where the owners list dump pricing buys.

The trustworthy exchanges don't have this system for listing a coin for just 1-2 weeks. If you want to list your project in a major exchange such as Binance or Huobi, then you need to pay the listing fee (which may amount to several million USD). On top of that, there will be very careful screening of the project from these exchanges and if the inspectors flag the project as shady, then they will return the listing fee and refuse to deal with the project. So in 99% of the cases, if a project gets listed in Binance or Huobi, we can be assured that it is a genuine project.

leea-1334

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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

Personally,,, this is bad advice to follow. An altcoin could pay 10 exchanges a listing fee for 1 week (and we all know this happens a lot, maybe less these days but it still does). I do agree it is "safer" because it does mean the project has money to pay for listing but I also feel this could trick a lot of people into thinking it is the next big thing and then before you know it,,, listing period ends and you have nowhere to sell but the exchange where the owners list dump pricing buys.

the rise

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If you're thinking of investing in a newly pioneered altcoin it's going to be difficult, it takes a lot of technical and fundamental analysis, but now we've got coinmarketcap there you can see coins that the community already trusts a lot. Be careful with new projects, as many rely solely on fomo and then leave their projects.

Emmychris

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My simple advice here is don't invest on projects you know nothing about because that might be a big mistake, the crypto market is filled with lots of risk and also everyone taking part in crypto should be cautious. Most of this new project can easily run away with people's funds or can make an investor lost alot after investing on them, most times those projects turns out to be shit project and keep dumping on the market. So the little research made can possibly save you alot from loosing your money.

Rakeshten

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Nowadays this is not easy to find real project and stay away from scammer. But we can find by researching about a project in which you are Investing. First you have to look into their team and then look their project website, whitepaper, and roadmap and also look their website traffic (how many people are visiting daily) if you can.

19Nov16

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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 ?

There is no guarantee that the investment will be profitable, even when we invest in property, gold or others there is an opportunity to lose, investors certainly know the best way to profit from altcoins, although it is very risky but in my opinion the potential for profit from crypto is very high.

bastian466

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Quote from: ?? on ??

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

That's right, we can also make direct calculations if the project we are participating in has the tokens registered on the exchange, so that before participating, everyone can do research on the amount of profit he will get when the project is completed.

Yes, because it is clearly already listed on the market, most new projects only include a roadmap of plans that will be worked on in the future. This provision does not guarantee the correctness of errors that often occur not according to plan so that people easily perceive that the project is a scam

bastian466

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Quote from: Ekyfitri on June 20, 2021, 11:19:05 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

I think everyone already knows that. people who are new to crypto will definitely enter the top asset market even with only a small profit. after success, they will try an offer to join in a new altcoin project. That's because curiosity about a new project that is successful gives investors a bigger profit.
The simple picture that is in the mind of a new investor is more or less like that.
but everything is not as easy as imagined. Many of the top market altcoins also have risks that can actually trap new investors with losses. it's all because new investors don't want to start learning first.

That's how people just want to get big profits in an instant and fast way without having to do research and study the contents of the purpose and use of the project, Nowadays people prefer the calls of popular people over themselves

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