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Topic: Is Altcoin Safe for Investment - page 3. (Read 17872 times)

member
Activity: 122
Merit: 10
September 24, 2021, 11:11:53 AM
Altcoins are alternative coins, they are born based on the idea of ​​​​the technology of Bitcoin but improved on some features. Currently, in the Crypto market, there are 13 types of Altcoins corresponding to each piece and different characteristics. First of all, there are now too many altcoins for us to invest in and this number on Coingecko has reached more than 9,000 projects, not to mention newly released projects. As such, the Altcoin market is very active, if we study deeply, there are many opportunities in many different areas, with a much better profit level than participating in the traditional market or more closely Bitcoin.
sr. member
Activity: 1652
Merit: 304
kycfree
September 23, 2021, 09:30:42 AM
We can't know such thing as whether altcoins are safe to invest into or not. But if you are aiming to make a long term investment, then you don't need to be afraid of investing into top altcoins and promising projects also (e.g. Solana). I'm not really a short-term investor as it is really hard to keep up with the coin I invest into. I just set a price target and wait for whatever time is needed to reach that level.
newbie
Activity: 59
Merit: 0
August 22, 2021, 04:07:25 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 ?
"A wise investor will always lookout for projects that are established and have stable growth developments over the past years. Of course, the project should be equipped with a solid team of professionals working round the clock, an impressive use case, road map and an active community. The above criteria perfectly fit #Stakenet and its native currency #XSN. Come and check it out! https://stakenet.io
"
full member
Activity: 1204
Merit: 110
August 21, 2021, 11:20:51 PM
There is no specific answer to this query. AFAIK, it depends on which alt coins you are investing in. Eth, montero to me are very safe. But there are new alt coins that also gave good return to there investors like this. You need to do lots of research for any new alt coin and still there is no guarantee that it will be successful or scam.
So it's a risky stuff. You either won or learn something.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
August 21, 2021, 11:10:11 PM
if the goal is to invest in altcoins for the long term, you better choose the top 20 in cmc because if you invest in new projects it is very risky because they are still new and they have a lot of work to prepare for their projects and this is very risky

Even the top-20 list contains a number of shitcoins. Having a higher market cap is no guarantee to future price rise. Also, the market cap calculation that is currently used in CMC is not completely logical. For example, coins such as XRP are having an inflated market cap, because most of the coins are kept away from active trading (around 80% of XRP is owned by a handful of the promoters such as Chris Larsen and Jed McCaleb). That means that a shortage is created in the open market, which helps to keep the prices at high levels.
full member
Activity: 463
Merit: 100
August 21, 2021, 06:32:27 PM
Truly the crypto market is filled with a lot of scam, but it's our duty to always make our own research so as not to fall victim of scam, the little research we do can likely change a lot of things for us and also save us from lots of danger, truth be told no matter the rate of scam they are really good project in crypto which perform real good but the main point is getting to know which project will likely turn out great, I will give a little tip! Always check out for what the projects has to offer (use cases) and also how hardworking and active is the team can also determine what the outcome could be like.
newbie
Activity: 69
Merit: 0
August 21, 2021, 05:32:08 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 ?
"Well, it depends on you. Do your research first - read online articles, join in forum discussions, watch YouTube videos etc. So you can be sure.
For me, I always believe in projects with good fundamentals and real utility. Projects that have been around for years. Has an active and professional team of developers backed by an active community like Twitter & discord.

If you are interested, you might wanna check out this amazing project people are sleeping on - Stakenet XSN Wink."
full member
Activity: 434
Merit: 101
August 20, 2021, 11:05:39 PM
if the goal is to invest in altcoins for the long term, you better choose the top 20 in cmc because if you invest in new projects it is very risky because they are still new and they have a lot of work to prepare for their projects and this is very risky
member
Activity: 489
Merit: 16
www.cd3d.app
August 20, 2021, 04:43:58 PM
I think this question depends upon what to invest and when to invest.  If we are talking about new ico or any new project, then we cant say that it is a 100 percent safe to invest. However if we invest on the top coins or top altcoins already in the market, then its a guarantee that it is safe to invest, we should just be patient to wait or hold for making profit in the long run.
member
Activity: 350
Merit: 10
August 19, 2021, 03:36:34 PM
Actually we can get a big profit from Altcoins if we can choose Altcoins properly, because usually Altcoins price increase can be very high. But if we are in doubt then we should invest in Bitcoin only. Investing in Crypto, we really have to be careful, because there are a lot of scammers here.
newbie
Activity: 74
Merit: 0
August 19, 2021, 03:24:42 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 ?
A stable and well-established project should have a realistic use case, fundamentals, growth history, and a team of transparent individuals. As I always suggest to any investor looking for the next crypto gem,  a comprehensive research before venturing into any investment is required. My researches show, One of the altcoins best fit to the above criteria called #Stakenet #XSN. Check it out! https://stakenet.io
full member
Activity: 798
Merit: 100
Reward: 10M Shen (Approx. 5000 BNB) Bounty
August 18, 2021, 03:35:48 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 ?

Many altcoins are already on the exchange market and you can choose altcoins that already have a large volume and have been listed on many exchange markets because the risk of scam is very low. but my advice is to choose an altcoin that already has good popularity in cryptocurrencies and you can look for it through coinmarketcap. because not all altcoins are safe for investment.
member
Activity: 2044
Merit: 16
August 17, 2021, 09:55:59 AM
Any crypto investments are high risk because of the nature volatility we are dealing with that's why people say invest what you can afford to lose because crypto is a gambling place in the first place. That's the risk you are facing with but with right research and decisions surely that investment will give you a profit of your ventures in crypto space.
newbie
Activity: 69
Merit: 0
August 16, 2021, 04:07:35 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 ?
I have a strong faith in projects that are still alive and continuously developing over the past years. One very good example is Stakenet XSN. The development team are working silently to provide their users with instant, scalable, near-zero fees over the lightning network when making any transactions.
newbie
Activity: 59
Merit: 0
August 16, 2021, 03:43:01 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 are too many scams now. You are right but there are some solutions. First solution is diversification. There is really small possibility that all of them turn scam. secondly you should choose projects with real utility and road map because they can make more money by their project than stealing some money from people, that's where your money is safe. One very good project I'd like to recommend is XSN - Stakenet's native currency.

Instant TXs and settlements
Near-zero fees
Scalable
Cross-chain
Private
No wrapping
API supported

Backed by an amazing team and community.
jr. member
Activity: 296
Merit: 1
August 16, 2021, 02:37:26 PM
Ethereum, Binance, Litecoin, Matic, Solana are all altcoins and prove to be good investments and contribute a lot to the development of the Cryptocurrency industry, so we can safely say that investing in the Top altcoins in the market is highly profitable and highly recommended. but remember one thing not to put all your money in one basket.
full member
Activity: 524
Merit: 100
August 16, 2021, 02:32:36 PM
Crypto is fully risk because now the number of scammers has increased a lot. And also many fake coins and projects are being created. Now it has been tough to find the best project. There are still many good and promising projects but people can't invest in them due to scam projects.
There are many tokens that are coming automatically to your wallets their price will be 1K-5K$, but you will not be able to sell them when you will try to sell them your wallet will automatically hacked and may you loss your all assets.
sr. member
Activity: 1372
Merit: 275
August 16, 2021, 01:11:45 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 ?
Whether or not altcoins are safe for investment of course it depends on our own choices, if you choose an altcoin that is ranked in the top 10 coinmarketcaps such as eth, bnb, cardano and also other coins, of course it can give you peace of mind in investing, because it is small it is possible that the altcoin will become garbage so that you lose money, but if you invest in a new altcoin that does not have strong fundamentals at all, of course it is very likely that bad things could happen to the money you invested.
jr. member
Activity: 154
Merit: 1
August 16, 2021, 11:32:44 AM
Altcoin There are some coins that are very safe to invest. Ethereum, ADA, XRP, BNB, DOT, By buying all these coins you can make a fairly safe investment. It has been seen that if the market increases, the price of all these coins will increase automatically. The price of all these coins will increase automatically. So you can if you want to invest safely Altcoin.
full member
Activity: 532
Merit: 104
August 16, 2021, 10:45:20 AM
The altcoin is also worth a long-term investment if it has a backer and usage environment. I have seen many x10, x100 altcoin projects after many years of development such as AXS, Luna, ADA, ETH, XRP... We want big profits, we also need to accept a little risk. Long-term investing is a good thing if you've done your due diligence on the audience you're going to invest in. I support investing in altcoins because they have a diverse usage environment and new technology. Supporting altcoins is supporting creativity in the blockchain space.
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