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Topic: Is Altcoin Safe for Investment - page 40. (Read 17872 times)

member
Activity: 1274
Merit: 14
December 04, 2020, 01:11:48 PM
Any investment cannot be safe a priori, and even more so in altcoins. This is a highly risky event, so there is a very high chance of losing not only profit but also your savings. You either make a correct forecast for some altcoin and get a very serious profit, or you lose almost everything with the same success. To somehow level this out, you need to invest in the top of these coins.
sr. member
Activity: 672
Merit: 250
December 04, 2020, 12:22:09 PM
I agree to your Opinion. Today is not safe for invest. Many people’s don't think other money only want her profit. But we need to be carefully invest. First you saw her team members and her project road map. If you think all is good you can invest.
member
Activity: 536
Merit: 15
December 04, 2020, 11:26:06 AM
Scams are very present in each business, each field of life so yes they exist in crypto market also.
You can't do much on the grounds that occasionally strong looking projects likewise leave scam so it is matter of karma as well, we can just manage our responsibility by close due research before investment and afterward stand by how it goes up to be.
member
Activity: 517
Merit: 10
December 04, 2020, 10:32:09 AM
Tasks of which some are as yet veritable. In any case, the rationale of most colleagues are to rake in some serious cash from the task, most engineers are not worried about financial specialists. I accept this will be giving you the protected spot to be utilized as venture. It is anything but a prescribed thing to wager into the new altcoins. In the event that you have gotten some significant speculation when the revision was going on and I surmise you have brought in respectable cash from that point.
full member
Activity: 1358
Merit: 100
December 04, 2020, 10:14:09 AM
How about invest in the top coins you will not get scam because it's in already in the market. Don't trust right away that they will make you rich if you invest their project because obviously it's a scam. Many projects pop-up these days so careful my friend if you really like to invest the project just do research first.
sr. member
Activity: 644
Merit: 364
In Code We Trust
December 04, 2020, 10:01:25 AM
An altcoin is a safe investment if you will look at those projects with their cryptocurrency classified as coins not tokens. I'm not saying that altcoins holistically are a scam, but most of the time, the cryptocurrency with its own blockchain and offers a smart contract will last longer than those cryptocurrency tokens that mainly utilize the smart contract offered by this kind of project. For Example, Ethereum, Since Ethereum has a smart contract, Ether will still be used as a gas, and since there are many cryptocurrency projects, ETH will always be used and will have a huge demand for people. The more projects are created, the more value ETH could have in the future. One thing I don't like in ETH is that it doesn't have any scarcity and its supply could be minted.
member
Activity: 372
Merit: 11
elysian.finance
December 04, 2020, 09:50:36 AM
No uncertainty there's a higher danger included investing in altcoin combined with the way that the accomplishment of the project is risky, but not withstanding realize that investment in an effective altcoin could be significantly more worthwhile and this goes with the way that the higher the danger, the more prominent the prize.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
December 04, 2020, 09:35:24 AM
I don't guarantee this, but to minimize the risk of loss invest only in top altcoins or use stable coins like USDT. Investing in crypto is actually not safe, there are many risks in it, but you have to be careful and it is important that you also be able to manage your finances well or not invest in bad projects.

It will only lessen the risk if you will make stop lost every time you see the sign of down trend and always take profit   . Most of people lost because they always forget this two important signs when you are buying crypto currency.  Once you learn those two and always use it in every trade you will not be afraid any more for loosing money. Trading is good source of income you only need to learn how to follow the flow so you will not lost every time there is a price correction.
legendary
Activity: 3248
Merit: 1179
December 04, 2020, 09:23:26 AM
I think it is safe to invest in some top altcoins like ETH, LTC, BCH, XRP etc. If you invest in these altcoins, you can make a lot of profit. Before investing, you should take some times to track that altcoin. However, the rank of Altcoin is always changing. You must invest in top altcoin.

Of course, it's safe to invest in some alts, in the one you mentioned or some other, each of us have some favorites! To me (and maybe I am too long in crypto) this headline sounds stupid, like there is one alt or that all alts are the same, I am not sure how to think this headline?! Anyway there are many good alts, they are around for years, they are building their reputation trough good and bad periods, that is visible if you know where to look!
I don't wish to single out any alt, I strongly believe there are many good ones. Some of them are expensive already (and probably will be more in the future), some of them are making their name, and they have good chances for success in the long run! Which one is your favorite should be your decision based on your research, find the one you like and stick to it, believe in it and in the end (or beginning) support it!
sr. member
Activity: 1526
Merit: 332
December 04, 2020, 08:49:47 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 ?
Maybe if you look thoroughly at their project. You can look out for their whitepaper, roadmap, developers, will they able to reach their hard cap/soft cap and more significant data that will determine if the project is good or not. It is worthy to invest in altcoins because unlike bitcoin altcoins have higher volatility rates, however, bear in mind that the higher volatility the riskier it is. There are good altcoins but they are numbered and hard to find that even myself having a hard time finding them.
hero member
Activity: 1722
Merit: 508
December 04, 2020, 08:12:52 AM
There's no such thing as safe any form of investment is not safe at all even the risk is very low a risk is still a risk and you wouldn't know what will happen. Well I could suggest that if you are not sure about investing don't invest and only invest what you only can afford to lose.
hero member
Activity: 2352
Merit: 594
December 04, 2020, 07:35:56 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 ?

My opinion is to avoid investing in those new altcoin projects showing up these days. Most of them are probably a scam. Not all new altcoins are scam but you must do deep research about their project.
I prefer investing top 10 of the altcoin in coinmarketcap rankings because their project has always some updates.
full member
Activity: 1526
Merit: 110
December 04, 2020, 07:28:42 AM
I think it is safe to invest in some top altcoins like ETH, LTC, BCH, XRP etc. If you invest in these altcoins, you can make a lot of profit. Before investing, you should take some times to track that altcoin. However, the rank of Altcoin is always changing. You must invest in top altcoin.
sr. member
Activity: 608
Merit: 264
Freedom, Natural Law
December 04, 2020, 07:15:58 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 ?

This is nothing new. The problem started years ago when the corrupt coinmarketcap site listed the xrp scam. It opened the floodgate to the situation which is now. There was a lot of uproar at the time but bribes are a reality. Dont expect any change soon.
legendary
Activity: 1540
Merit: 1002
December 04, 2020, 07:15:21 AM
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invest in the TOP altcoins, but it still not safe my friend, because all kind investments is risky
but if we invest in the TOP altcoins we can reduce the risk of our investments,
so, the point is manage the risk, because the risk will always stay in any kind of investments
Investing in top coins is always the best solution and at least can increase confidence in our investment. Altcoins are currently also growing with the presence of DEX, so before buying any altcoin, try to do your research or at least check the smart contract
sr. member
Activity: 1372
Merit: 252
December 04, 2020, 07:07:22 AM
invest the right ones invest in one of the top coins because top coin has the reliability of all of them just waiting for the bull run season to come the price of coins will go up but if you want to take high risks and easily get profit could invest in new altcoins because of the fairly fast movement in the market
sr. member
Activity: 1162
Merit: 258
1xbit.com
December 04, 2020, 07:03:46 AM
Investing to Altcoins especially the new one would be very risky but if you managed to find some good project that is good for long term investment I think you will earn good profit out of it it's just a matter of luck for new projects.
full member
Activity: 486
Merit: 100
December 04, 2020, 06:45:54 AM
Altcoin investing in my opinion is safe, if you look for it in the Top Altcoins, the best with a lot of trading volume, for example ETH and LINK, and if you buy or invest in new altcoins that are not necessarily good, you better leave and don't invest
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
December 04, 2020, 05:44:57 AM
Well, it all depends on how you view it and level of expertise also matters in all of these things. As for me, altcoin is safe for investment, just know the in and out of the project you are buying into their token/coin.
I guess you don't understand that the pitfall in term of investment in newly/startup project is high and knowing the in and out of the project doesn't mean the project will be successful or the project teams won't scam their investors because are done in different ways.

You should ask yourself questions like: What problem(s) does this project solve? Is it potential at all?
You would only find answers to the related questions in the place of research. And that's how I personally found https://bluzelle.com
All the best!
It good to make a good research about the project before investing in it but it better to invest in a project that's doing well in the market for years or already listed a new project that's doing well after exchange trading competition.
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