Is Altcoin Safe for Investment - page 31.

hulla

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Activity: 1834

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Quote from: ?? on ??

If you afraid of losing money in the new projects then don't invest. Most of the new projects will turn to scam it is really risky to invest in the new projects. You better pick in the top coins,

New crypto project are highly risk investment but invest in top coins without reasonable research is just like invest in new project cause alot of people have invested in Bitcoin which is the number 1 crypto and later make lost in the end due lack of knowledge and not making research about the market before invest.

Quote from: ?? on ??

it would be a safe investment if you hold your altcoins for long term just like ethereum. I recommend you to invest in ethereum because I believe the price of eth will increase more.

Ethereum is a safe investment but if invest in at the wrong time it wont provide better result.

Ronny29

jr. member

Activity: 56

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What you mean under "safe"?
If you use trusted platform for trading you don't worry about safe.
Another question - will it bring some benefits for you?

Godday

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PredX - AI-Powered Prediction Market

The question was repeated. There are only 2 investment options in Cryptocurrency, namely Bitcoin and Altcoin. and for altcoin options there are currently so many (Thousands of Altcoins). about the risks you are asking, of course, both have, but here there are many people who give the opinion that altcoins themselves are good ones to invest in. you can do your own research or read experts in the field of crypto (technical analysis) and also fundamentals for you to pick the invested altcoins

speedforce

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Quote from: bakasabo on January 25, 2021, 04:31:01 AM

Quote from: alfredlachance on January 25, 2021, 03:50:53 AM

this is a safe space for nerds and if u are dedicated to crypto trading bro

You seems to be confusing something or dont understand what you are talking about.
Why do you match investment, which seems to be something connected with holding and trading? It is like saying that cold equals hot.
"space for nerds" ? Cryptocurrency is for everyone. Cryptocurrency does not differ your level of tech science, education, income and etc. You dont have to know coding languages, have MBA in finance trading and have a decade of stock trading experience to be in. You could just download an app to your mobile, add card and be a part of crypto world.

Agree, except u want to develop some crypto related project, then u need to know some programming language like solidity or anything else. For crypto trading u need a little bit knowledge about how to read the price chart. Or As simple as just buy and hodl, u already be a part of crypto world.

bakasabo

legendary

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Quote from: alfredlachance on January 25, 2021, 03:50:53 AM

this is a safe space for nerds and if u are dedicated to crypto trading bro

You seems to be confusing something or dont understand what you are talking about.
Why do you match investment, which seems to be something connected with holding and trading? It is like saying that cold equals hot.
"space for nerds" ? Cryptocurrency is for everyone. Cryptocurrency does not differ your level of tech science, education, income and etc. You dont have to know coding languages, have MBA in finance trading and have a decade of stock trading experience to be in. You could just download an app to your mobile, add card and be a part of crypto world.

alfredlachance

newbie

Activity: 12

Merit: 0

this is a safe space for nerds and if u are dedicated to crypto trading bro

RussianEnglishTranslation

jr. member

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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 ?

If you invest in any project where the developers control the supply it could possibly be a scam. If the devs raised funds from the public I would argue there is a 50% chance of it being a scam or greater. I'm only investing in mineable projects right now, namely RVN and 0xMR. Their regulatory compliant and the devs can't exit scam, dump on you, or rug-pull.

mamesso

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Quote from: IkonaDro4ku on January 24, 2021, 12:59:30 PM

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.

Everything we do have a risk, for example, like you drive a car on the highway, You will have an accident if you are not careful when driving a car. Likewise with investing in the crypto, there must be a risk of loss. What we have to do are how to avoid risks so that we can reach our goals safely.

safari88

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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 ?

there's is no thing as safe investment especially for cryptocurrency all of the coins are dangerous and volatile its really important that you know this some of the people think that if they invest they will earn, well that's not really true in trading and investment there is always risk.

zerogrown

newbie

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Dont fully trust any project without fully understanding and doing a decent amount of research. Doing your own research is the best weapon for new projects that we encounter. For sure we are all experienced traders here. We gotta learn how to deal decently on how we can earn more and not lose to any projects. DYOR!!!!

jentak

newbie

Activity: 35

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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 ?

What is this question even about?
Crypto has always been high risk high reward investment. Moreover, crypto originally implies no support from anyone, but the user themself.
There is no guarantee that something will bring you profit and will never be, that's not how things work.

Delisaara

full member

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that's the biggest risk in the crypto world. it all depends on you, you must be smarter in choosing a project, so as not to become a victim of fraud. because now there are so many scam projects.

Billo_

member

Activity: 238

Merit: 15

Quote from: speedforce on January 24, 2021, 04:19:22 PM

Just choose top altcoin if you have a little knowledge about cryptocurrencies. If you want to learn more about the project, u can search many undervalued altcoin at coinmarketcap, but for my suggestion dont buy any ICO, IEO etc since its new coin which we dont know the performance yet.

Yes, top altcoin is always better because for some sort, it has already been evaluated. But some times it can happen you will still have a loss because it is a faild project.
We all know about BSV and XRP, it is fraudulent coin and has also high position in coin market cap.

Research is difficult and before people buy random coin, people should just use Bitcoin or Ethereum.

speedforce

full member

Activity: 758

Merit: 104

Just choose top altcoin if you have a little knowledge about cryptocurrencies. If you want to learn more about the project, u can search many undervalued altcoin at coinmarketcap, but for my suggestion dont buy any ICO, IEO etc since its new coin which we dont know the performance yet.

cryptofirm

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Activity: 1039

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BabelFish - FISH Token Sale at Sovryn

Quote from: ?? on ??

remember the advice of the experts. investing in altcoins is very safe if we choose altcoins that are in the top 10 coinmarketcap. even though it's actually not 100% safe, but I think I can minimize losses rather than having to put in new altcoins that don't have certainty and potential

i think the words "very safe" is not a good words, because this is crypto and the risk is higher than other investments
because even we invest in the TOP 10 altcoins its not safe, for example xrp
now a lot of exchange suspend this altcoins right ?

republicrypto

sr. member

Activity: 1414

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Keep it Simple guys :)

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 ?

safe ?? i think if you want to invest in any assets not only crypto, the risk will always come my friend
so, don't talk about safe if you want to be a good investors, you only can reduce the risk, and maybe investing in the TOP altcoins can reduce the risk
regards

Roidz

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1XBit.com

Quote from: IkonaDro4ku on January 24, 2021, 12:59:30 PM

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.

all investments certainly have a big risk not only investing in crypto, but if we do not have extensive knowledge in an investment, of course this investment will only cause catastrophic losses for us, to start investing, of course we must know the ins and outs of investment, for example investment crypto which we need to know about reading market charts, volume and even be able to take the right time to buy, hold and even sell these altcoins in the market. I think investing is not a scary thing as long as we are good at it.

mijanibal

newbie

Activity: 4

Merit: 0

It's a lot better to not see it as an investment with your emotion attached to it. There are common tips too such as 1. don't put in more than you're willing to lose. 2. do research. Don't believe all the hype. Look at what the team is doing and what value the project provides to their industry. Remember, it's the marketer's job to make the project as attractive as possible.

ardentvolcanoes

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Activity: 1050

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Quote from: ?? on ??

In general, investing in crypto money is a risk in itself. It is possible to reduce these risks with strict control and analysis. But no one can say that investing in altcoins is risk-free. No one knows what will happen tomorrow for a token or coin that everyone considers perfect today.

Your research will help you to lessen out the chance of losing your investment, but there's no assurance that it will accurately perform

the way you expect it to be, there are many projects that being offered it's up to you own instinct to support whichever you think the

coin will bring you the desire profits that aiming from your chosen alt/s.

ShowOff

legendary

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Quote from: IkonaDro4ku on January 24, 2021, 12:59:30 PM

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.

The risk of investing is a loss and everyone knows about it unless they are really stupid.
Bitcoin and altcoin are profitable cryoto investment asset but can also be detrimental due to their volatility and price fluctuation. Investing in altcoin is not wrong if it is done with the right analysis and done on the right asset. The wrong choice of investment asset can result in losses because if it is done on new altcoin or altcoin that are not well known, then the price growth is very difficult to occur.

Quote from: ?? on ??

But no one can say that investing in altcoins is risk-free.

But you can still minimize that risk. No investment is risk free even if you invest in assets backed by the government. Because price are always changing, you have to know what to do if expectation don't match reality.

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