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Topic: Is Altcoin Safe for Investment - page 37. (Read 17872 times)

full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 10, 2020, 10:15:52 AM
You have to remember that almost all investments are risky even though the levels are different.  if you want a safe (low risk) investment then investing in Altcoin is not a good decision.  remember, if you want to make a big profit then invest in a place that is a high risk, you are not able to make a big profit if you invest in a safe place (low risk)..
member
Activity: 378
Merit: 10
December 10, 2020, 08:49:32 AM
Before investing in altcoins, you need to carefully study each project in order to understand whether it was made only to raise money or it is done from the heart and for the sake of the product.
full member
Activity: 854
Merit: 101
December 10, 2020, 07:42:53 AM
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 ?

Once you enter here in cryptocurrency industry risk is already a part of it. So, the right question is that Are you willing to take risk or face the consequences? due to in every investment form in which you are going to make here, it means you are taking risk your money. This is the cycle of cryptocurrency dude, real talk only. It may give a profit but it can lost your assets something like that.
full member
Activity: 589
Merit: 102
December 10, 2020, 07:18:43 AM
well for that we have to do more in-depth research on a project before investing and don't trust too much in projects that offer something that doesn't make sense, so it's safer to invest in top altcoins.
member
Activity: 88
Merit: 11
December 10, 2020, 05:34:50 AM
Altcoin investment is not completely safe. But good profit can be made from good altcoin. By looking at the coins that are pumped with the increase of bitcoin, you can get good profit by investing in coins, even good profit can be expected from news base coin. It is never right to invest in Fomo coins.
jr. member
Activity: 319
Merit: 1
December 09, 2020, 10:01:13 PM
Why not top 10 for more safer.
It is very simple that where top 20 is better,  this time top 10 is the best. First I say you should be wise. Of course it is a wiser decision to invest on top 10. But I say top 20 because in tup 10 you will miss some better coin like NEO,Steller, Monero, EOS, Filecoin etc. You should not avoid those coin. Of course you know, people got how much profilt from filecoin.
legendary
Activity: 2226
Merit: 1086
duelbits.com
December 09, 2020, 06:55:45 PM
So how we make altcoin investment safe?
First, don't buy new altcoins if you are not confident with your knowledge in analyzing the potential of new altcoins. You will be safer to invest in top altcoins, at least you won't hold possible dead coins. There are many good top altcoins, you can choose Ethereum, Ripple, Stellar, ChainLink, Cardano, or etc. However, you should have a realistic target for them. Also, you need to update information about those altcoins regularly to know whether the prices probably grow up or decline.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
December 09, 2020, 06:40:23 PM
Yes and it will depend on the amount and the turnaround time at the end, it's all personal strategy. In short-term investments we must be aware of Bitcoin's volatility and the interests of those with a strong hand. On the other hand, in my opinion, long-term investment is the safest and most educational way to invest in Altcoin.

Not all alts can be safe for long-term investment as they change their price easily. Only top alts can be worth holding long-term maybe eth. But most of them are high risks as the lifespan of most alts is very short. So not really advisable to hold long term those alts. You need to be smart in choosing which alts to hodl long term.
sr. member
Activity: 1020
Merit: 391
December 09, 2020, 06:36:23 PM
Yes and it will depend on the amount and the turnaround time at the end, it's all personal strategy. In short-term investments we must be aware of Bitcoin's volatility and the interests of those with a strong hand. On the other hand, in my opinion, long-term investment is the safest and most educational way to invest in Altcoin.
hero member
Activity: 823
Merit: 500
SquidCoin.cash
December 09, 2020, 01:16:09 PM
It depends on which altcoins are you investing . If you invest in new altcoins , maybe you can make really good profit or you can lose your everything . But if you invest in good reputable altcoins like Eth, BNB, XRP,Link then I think your investment is Safe.
full member
Activity: 1708
Merit: 126
December 09, 2020, 10:56:56 AM
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 ?

Investing in altcoins has a big risk so it's really important that you'll know where to invest. Choosing top coins would be an advantage since they already have a strong foundation. Always choose trusted coins so you won't get scammed especially by new projects these days. You should always do your own research so you'll know how to get rid of scammers.
jr. member
Activity: 327
Merit: 1
The Standard Protocol - Solving Inflation
December 09, 2020, 09:54:23 AM
i think, Investing in altcoins are safe as long as you know where you are investing. It's already given that there are also a bunch of scam projects that are just trying to defraud others by making them believe in their claims. But of course, not all altcoin projects are like that, so you just need to find a legit project to say that it's safe. And to know if a project is legit, always do enough prior research, know the team behind it, know their objectives and such.
full member
Activity: 1382
Merit: 105
December 09, 2020, 09:34:00 AM
There is no doubt most of the projects coming are scams and just making money from an investor and scamming with them, and few projects are good and real; you can't say altcoins is a safe investment because every investment has the risk of loss and profit so this depends upon investor and every investor should be research about the project if wants to invest in the new coming project, it wants to invest in the cryptocurrency market then you can invest in top 100 altcoins in coinmarketcap, who have no experience they should not invest in new coming projects and should be investing in BTC, or ETH and XRP for making a profit.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
December 09, 2020, 08:20:33 AM
In my opinion Altcoins still offer great investment opportunities and are a safe form of investment if you do a careful due diligence before investing. But of course they are not a 100% safe, you can still lose money here. Really safe investments are very rare these days, due to the low interest rates investors are keen to take much more risks for higher returns. If you looking for a safe coin in terms that it will be around the next 20 years, I would recommend to go for Bitcoins.

That's is quite true. Looking for some Alternate Cryptocurrencies that would really push through with their developments are hard to find since most projects end up dead once most token holders sell their earnings within that platform so I guess Alternate Cryptocurrencies are for people who are really interested with that project and would do anything to promote that platform. Investments are really risky but at least we know that we can still gain something just by learning specific platforms specially on how they work.
member
Activity: 746
Merit: 10
https://axiomapay.com/
December 09, 2020, 08:03:58 AM
There is no guarantee that your money is safe when invested in cryptocurrencies, but you can still minimize the risk of loss just by investing in the top coins. I mean like bitcoin, ethereum, binance, or some of the top cryptos. It is highly recommended for those who do not like high risk investments
hero member
Activity: 1974
Merit: 534
December 09, 2020, 07:54:13 AM
In my opinion Altcoins still offer great investment opportunities and are a safe form of investment if you do a careful due diligence before investing. But of course they are not a 100% safe, you can still lose money here. Really safe investments are very rare these days, due to the low interest rates investors are keen to take much more risks for higher returns. If you looking for a safe coin in terms that it will be around the next 20 years, I would recommend to go for Bitcoins.
member
Activity: 1274
Merit: 14
December 09, 2020, 07:22:02 AM
Investing will be safe if you choose to invest in coins that have been demonstrating their stability in the market for several years. It is important to determine the moment to enter the market and patiently wait for the moment that will be more suitable for you.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 09, 2020, 01:10:44 AM
All altcoin is not safe for investment.[/]

You have Mentioned that all altcoin is not safe for investment here but bellow You wanted to invest in Top20 altcoins,There are still Good altcoins in market and those are Ethereum and some others.
Quote
Investment in cryptocurrency is very risky now a days.
So you should be wise.
There are many fake and scam altcoin in cryptocurrency market.
So I think it is wise decision to invest on best altcoin platform.
For best platform you can choose top 20 rank token in coinmarketcap.
Why not top 10 for more safer but the thing is how would he manage the investment,Ishe for long term or just daily basis.

But what ever the plan it's better not not to buy Shit coins and try to avoid Defi projects that newly created.better those who had been existing since last year.
jr. member
Activity: 319
Merit: 1
December 09, 2020, 12:20:34 AM
All altcoin is not safe for investment.
Investment in cryptocurrency is very risky now a days.
So you should be wise.
There are many fake and scam altcoin in cryptocurrency market.
So I think it is wise decision to invest on best altcoin platform.
For best platform you can choose top 20 rank token in coinmarketcap.
sr. member
Activity: 1484
Merit: 276
December 09, 2020, 12:01:32 AM
So how we make altcoin investment safe ?
We can't basically. Investing in new altcoin projects bears with huge risk of losing money you need to be good at analyzing projects in order to profit from it, but no matter how good you analyze some projects some of them will turn out just a scam. Its a mix of luck and analyzing for me for new altcoin projects. It's better to invest on existing top altcoins if you really want to have a safe investment.
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