Topic: Is Altcoin Safe for Investment - page 22. (Read 17872 times)
Altcoins that have competent developers which can be ascertain from their GitHub and also follow the roadmap strictly is good for investment for a long time let say 2 years
This is the power of altcoins, and I think this is the beginning of the rise of altcoins, if you still ask whether altcoin investing is safe? I will answer 100x that altcoins are very safe, buy altcoins and hold until the long term, maybe 2022 is the altcoin season, so don't miss this moment, look at binance and some other markets that altcoin prices have gone up 400% to 1000%
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 ?
Finding a potential altcoin that is not scam requires in-depth research on the coin, However, not everyone can do in-depth research so the right way when investing is to choose projects that are alreadylisted on Binance, because of course the project has passed the audit stage from the Binance team. Or it is easier to invest in major coins that are ranked in the top 10 in market cap.
in my opinion, it only depends at which period do yu buy altcoins.
But it seems now is a better time than 2 years ago (middle of bear market).
But it seems now is a better time than 2 years ago (middle of bear market).
on a risk-adjusted basis, it's an obvious bad trade.
if you want more risk, just trade bitcoin on leverage.
if you buy altcoins, decide before you buy at which price-point you will sell and stick to it
if you want more risk, just trade bitcoin on leverage.
if you buy altcoins, decide before you buy at which price-point you will sell and stick to it
Alts are here to accumulate more Bitcoin if you manage to trade.
Well, get acquainted with the project, look at its future opportunities, what it offers you and what it wants to implement on the market, otherwise you can not understand whether it is worth investing your money there!
In general, any investment is associated with risk, so you always need to be careful!
In general, any investment is associated with risk, so you always need to be careful!
It fully depends on you. If you are new to this market I would say stay away from altcoins. Specially small cap coins. You could go with bitcoin and some large cap alts. But if you know this market then you can put your money any where. For me it's fine to invest in alts. I out a lotsbof money in alts. And it's work for me.
with more confirmation as trader or investors work with the tasks of evaluation as confronting ideas within the forum of expert, those helps as might with the decision to secure least with risks as disputing number of resource on request with the exchange.
Altcoins are well worth investing in projects with clear content and goals sponsored by organizations or with a team of programmers who are competent and persistent with the project. Many altcoin projects have fallen into the past, so investors need to know how to take profits. I recommend investing in many different projects to minimize risk if possible, participate in the ICO to get the best price. Participate in an ICO on a bull market for a good return.
I think investing in the crypto is very beneficial, but have very high risk, such as very large decrease in prices, so that it makes investors lose big, but if we master the Al technique of altcoin it can reduce the risk of the loss, so before you invest in crypto you should first learn the ins, and outs of the altcoins you want to invest in,
It became an obligation before investing in altcoins, especially nowadays with the growth and so many concepts being developed to be careful in placing money in altcoins. During the current bullish market, we will indeed see the price will experience a high increase, but if a large dump of altcoins whose community and fundamentals are not good, there will certainly be a massive dumping in a fast time. 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
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe
Every potentially good project can be a scam, but if you think this is a scam project - it can be useful and not at all a scam.
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
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe
I think investing in Altcoin is safe and sometimes more profitable than Bitcoin. But in this case you have to choose the best altcoin such as ETH, BNB, DOT, LINK. If you invest in shitcoins, there will be no profit, but there is a possibility of a big loss. Always be wise before investing.
I think investing in the crypto is very beneficial, but have very high risk, such as very large decrease in prices, so that it makes investors lose big, but if we master the Al technique of altcoin it can reduce the risk of the loss, so before you invest in crypto you should first learn the ins, and outs of the altcoins you want to invest in,
The safetiness of every crypto investments are still with the one who will invest whether it is bitcoin or even altcoins. The most important thing that you must do when investing is to do a very rigorous and deep researches to have a much safer investment.
insecurity more precisely occurs on the platforms where we store our crypto assets. be it bitcoin or altcoin, it all depends on where we store it.overall crypto assets still have the risk of reducing the value of the investment we make. but in terms of assets that could disappear at this time, there are many choices of altcoins that we can trust. true as you say, the most important thing is to do your research first before buying an asset. because sometimes we can just choose the right asset but not at the right market moment.
Ill think this comment that I make are answers already but I add some few details about altcoins if is safe to invest or not.
For me Im doing work in altcoins in trading and investment I can tell it is safe and we can earn enough for investment but there are two things we always happen just like we earn big profit if the altcoins we invest are trusted and always updated the good news of the project and the second is to many shit altcoins scattered everywhere so we need to be careful if we invested some altcoins make some research first and choose wisely for picking some altcoins.
For me Im doing work in altcoins in trading and investment I can tell it is safe and we can earn enough for investment but there are two things we always happen just like we earn big profit if the altcoins we invest are trusted and always updated the good news of the project and the second is to many shit altcoins scattered everywhere so we need to be careful if we invested some altcoins make some research first and choose wisely for picking some altcoins.
There are two aspects of this story. You can raise more money from Alts in a shorter amount of time than you can from BTC or Eth. However, if you just hold Alts, you could lose a lot of money if the economy collapses.
For me it's yes. Cause I am in this market for a long time and I know which altcoins to buy. If you are new to this market I would say stay away from alts specially from those which have very low marketcap. But if you know about the market and know where when to invest then it's absolutely fine. You can pick any coin. Jute do some research before any kind of investment.
Yes altcoins are safe for investment provided you choose them wisely and dont gather cheap shit coins. See price of ETH, DOGECOIN, CARDANO, and LITECOIN, they have given huge return to there investors. While shitcoins are still sleeping.
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