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Topic: Is Altcoin Safe for Investment - page 42. (Read 17872 times)

member
Activity: 1120
Merit: 68
December 02, 2020, 11:54:20 AM
#93
Don't invest in a project that has no use for you. If your only intention is to gain money, you are doing it wrong. Invest in a coin you are knowledgeable enough, it takes a lot research to be able to find a good project. Most coins that are newly introduced are actually not essential anymore, there are lot more established coin that are way better which can also serve its purpose the way new project are doing.
Indeed. Always DYOR never trusts things or anyone else that you aren't sure it would be profitable or a promising project without doing enough research. Safe investment does not exist because investing your money can be always be involved in risk, especially if you tried to risk your money in projects that are not promising enough, so it would only lead you to huge losses or no large gains.
sr. member
Activity: 2436
Merit: 272
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December 02, 2020, 11:52:44 AM
#92
If there is any formula to find an answer for this question then no one is going to lose their money in cryptocurrency space. Altcoin is safe when you choose the right project to invest which is the real task, and in my opinion you can avoid investing on new startups which has more risks.
member
Activity: 532
Merit: 13
December 02, 2020, 11:51:16 AM
#91
We can't stop new altcoin from launching into market, altcoin is safe for investment just depending on the type of project you invest in. In investment risk is involved, just take your time researching well into the project and belief the best results to come from such a project.
hero member
Activity: 1582
Merit: 523
December 02, 2020, 10:50:33 AM
#90
Dont invest in such new coin is most safest investment strategy,only buy that has matured in the market. If you still want to invest in those new,what i can say is,good luck. More profit, more risk.

If they have a good strategy or look at the white paper of a new token emerging maybe they can draw conclusions. There will be coins that have a price and become a later date.
I still prefer investing in the top coins as the most safe investment. By looking at the whitepaper of the new project there is no guarantees that the project will be successful. We can consider those new project but with a greater risks. So the most safe investment is always do your own research and invest with real use case or have a product already.
hero member
Activity: 2114
Merit: 740
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December 02, 2020, 02:57:20 AM
#89
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 ?
Forget new projects, because the risk is very large. You can minimize the risk of loss by investing in the top coins. Try investing in coins that have been tested and have a good reputation in the market, You can build a Portfolio with the top altcoins who already have confidence in the market. I believe, if you know how to invest safely, you can certainly manage your money well.
full member
Activity: 322
Merit: 116
December 02, 2020, 02:22:50 AM
#88
Don't invest in a project that has no use for you. If your only intention is to gain money, you are doing it wrong. Invest in a coin you are knowledgeable enough, it takes a lot research to be able to find a good project. Most coins that are newly introduced are actually not essential anymore, there are lot more established coin that are way better which can also serve its purpose the way new project are doing.
full member
Activity: 1134
Merit: 102
December 02, 2020, 01:43:38 AM
#87
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 ?

Altcoins that I think are safe to make long-term investments besides Bitcoin are Ethereum. Ethereum is a platform used by many projects and I think this will make ethereum viable for the long term in addition to its large marketcap value.

Beside Bitcoin, ETH is one of the best altcoins to hold it for the long term, whenever we have the chance to buy ETH, it is best to grab because most of the Defi platform and future Cefi projects will launch their platforms in ETH block chains and it will help this block chain to get more exposure in the market.
member
Activity: 1120
Merit: 30
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December 02, 2020, 01:37:23 AM
#86
Some altcoin investors still find it difficult to carry out personal research before investing, in a particular project that you head about in the market. With proper research you can get reliable altcoin investment, where you can earn a good income and a well secure investment .
Yes, altcoin is safe for investment, if only you can follow the rules and regulations guiding the platform which will help all your coins to be well secure.
member
Activity: 700
Merit: 10
December 02, 2020, 01:16:04 AM
#85
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 ?

Altcoins that I think are safe to make long-term investments besides Bitcoin are Ethereum. Ethereum is a platform used by many projects and I think this will make ethereum viable for the long term in addition to its large marketcap value.
member
Activity: 868
Merit: 15
December 01, 2020, 11:14:44 PM
#84
The value of altcoin is declining as most of the projects are scammed because tokens or coins have no value those who invest in the market suffer a lot because they do not get the right price therefore in order to select a good altcoin the market needs to be researched well. To invest in a currency you need to invest in a well tested currency due to the scam the demand for the projects in the market has decreased a lot. The investment needs to be verified by verifying the reliability of the project management the risk will be less and the scam can be eliminated.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 01, 2020, 11:04:45 PM
#83
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 ?
conduct research. this has happened a lot. knowing whether the altcoin is worth choosing is by doing some analysis and also doing in-depth research. without it, you will just guess and have trouble telling which project you really deserve to choose. however, choose a project that is always informed about their project development. if they already have a large market, it will be a plus for their project.
member
Activity: 728
Merit: 63
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December 01, 2020, 10:56:19 PM
#82
Trust on those altcoins for investment which already has a good position and top ranked on market. Those have a good volume for trade. Before doing any investment, you need to do some research for gaining profit from those. Current time may be a risky for investment but the correction will be made again and everything will be stable soon.
member
Activity: 952
Merit: 27
December 01, 2020, 10:35:05 PM
#81
.
So how we make altcoin investment safe ?

Let them prove themselves first I was burned investing in new coins, I prefer buying coins when it hit the market because the ICO price is nowhere near of it's price in the market, the market is their battle field, this is where investors will see how strong the project is when it is gaining volume and the price is also increasing.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
December 01, 2020, 07:07:02 PM
#80
There are certain risks upon doing investment with any Altcoin for they are vulnerable to being just a shitcoin coming from a scam project. It is a very difficult challenge for many to distinguish or determine a good Altcoin worth investing with because of such issues regarding scams and others that are making a bad image on the part of Altcoins because of the bad reputations being marked by those scam projects producing no value coin or just an obvious shitcoin that have no certain future to be useful at all. It is kind of risky exploring newly established Altcoins but if you would be picky on choosing ang investigating those, you can still be able to find worthy Altcoins out there. It is just that there are certain risks associated upon doing investment with Altcoins so you better know your coin before doing any engagements so that you can avoid committing mistakes and gaining regrets in the end.
full member
Activity: 1190
Merit: 117
December 01, 2020, 05:56:50 PM
#79
I admit that most of the altcoins in circulation today have almost the same use, even some altcoins have been abandoned
by the developer team. So it is risky if we are not careful in choosing altcoins for investment, my advice to be safe investing
in altcoins is to choose altcoins that are popular and have high volume. Usually, altcoins that are popular and have high volume
prices continue to rise following the price of Bitcoin, and it's also very easy to earn profit from high volume altcoins.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
December 01, 2020, 05:37:03 PM
#78
Altcoins are indeed a safe investment if all the conditions are met, as is the case now,
we know Bitcoin domination is affecting altcoins, and now Bitcoin dominance is very high,
making altcoins in the dip, and yes this is the perfect time to buy.
Not all altcoins ia a good investment some were purely shut coins while others only good when they are starting their projects, only bitcoin and those few top alts in coinmarketcap have rea doing well in developing despite pandeming or ups and down of market. We need to be updated and monitor our investment always since it changes every now and then in value and prone to hac so find ways to secure it to really make it a safe investment.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
December 01, 2020, 05:28:42 PM
#77
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 ?

To make it as safe investment, don't be easily fooled with new projects that promised bigger roi. Only pick those existing in that intimately competes with the recent market and actually doing live trades at different exchanges. On that scenario, you'll definitely find an assurance that the value of your asset will be worth on your future financial goals.
full member
Activity: 1064
Merit: 101
December 01, 2020, 05:03:42 PM
#76
Altcoins are indeed a safe investment if all the conditions are met, as is the case now,
we know Bitcoin domination is affecting altcoins, and now Bitcoin dominance is very high,
making altcoins in the dip, and yes this is the perfect time to buy.
full member
Activity: 368
Merit: 107
December 01, 2020, 04:41:28 PM
#75
Cryptocurrency is certainly a safe investment platform. But keep in mind that there are some dirty games going on everywhere. There are many projects that have been set up just to cheat money. If you are new here, invest in old coins or select the ones above. These will protect you and give you some profit. Investing in new projects carries risk.
member
Activity: 196
Merit: 11
https://blockmembers.io/
December 01, 2020, 04:19:17 PM
#74
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 ?
It is always your choice and your decision, in other words i would say that you should be calm and analyse each project before investing so that you only invest in safe projects.
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