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Topic: Is Altcoin Safe for Investment - page 44. (Read 17872 times)

sr. member
Activity: 1372
Merit: 255
December 01, 2020, 09:33:56 AM
#53
Personally I only trust the top 1-20 coins in the coinmarketcap. But I believe there are still promising new altcoins we can try. I dont want to name drop, but make a research before making any investment.

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 ?
hero member
Activity: 1106
Merit: 527
December 01, 2020, 08:46:39 AM
#52
I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
How you believe the all altcoins are dangerous for investment, If you fear in altcoin you pick USDT because it will never die in crypto platform. The current market is really good to invest for altcoins But we must analyse the each altcoin and choose the perfect ratio of investment is good way to survive the altcoin.
The future demand will always varied depends on the market holding and trade the investment.
full member
Activity: 1258
Merit: 104
December 01, 2020, 08:26:35 AM
#51
Its safe for investment if you invest in the right projectm or you can just invest in ethereum thats the king of altcoin afterall and its pumping real high. Also I recommend DYP, all the features in that project like staking is paid in ethereum.
If you say investing in Ethereum I really agree with that, but if you make a recommendation for the DYP project I start to doubt about that, because DYP is a project that was born this year and in enthusiasts and the foundation still needs to be strengthened so that everyone can trust that's deeper into that project.
full member
Activity: 994
Merit: 106
Official Street Team member
December 01, 2020, 08:16:25 AM
#50
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 minimize risk, if you want to invest in the long term choose Altcoins from the top 100 Coinmarketcap. Currently, new altcoin projects can only be used for short-term investments. Because it's too risky with scam.
sr. member
Activity: 2590
Merit: 452
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December 01, 2020, 07:37:26 AM
#49
it is likely to be risky if you invest in the lowest or newest Altcoin, and before you invest, having to do a volume check to find out as a metric is a great way to know if a coin is healthy or not.
You should analyze and study all Altcoins and seek advice from experts not to make wrong choices, and my advice for the top 10 Altcoins is the right choice to invest in and has been trusted for a long time and is safe.
sr. member
Activity: 1435
Merit: 250
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December 01, 2020, 07:27:18 AM
#48
no investment is safe in this cryptqurrency industry even if it is an altcoin. it's just that to minimize the risk of investment loss we can still choose bitcoin and some other top altcoins. This is not a guarantee, but it is not bad when compared to new projects, they are prone to scam and don't last long in the market either.
member
Activity: 392
Merit: 10
December 01, 2020, 07:24:52 AM
#47
I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
legendary
Activity: 1526
Merit: 1032
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December 01, 2020, 07:20:20 AM
#46
Buying IEO coins on the Binance exchange is a good recommendation.
I don't recommend, buying IEO coins have a big risk, you don't know what happens next time, when people dumping the price and make volume coins to be down. pretty sure Binance will unlist the coins asap.

Bitcoin is slowly flourishing and flying high.I think you should invest in the top 30 Altcoins on coinmarketcap. it will be safe, low risk, potential. The new Altcoins which you should be selective about and learn about it.
I have seen people bought 30 altcoins on top coinmarketcap in 2017 and today those coins going to be top 1000's. the top rank market cap isn't a good reference to investing
hero member
Activity: 2912
Merit: 541
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December 01, 2020, 07:14:05 AM
#45
I would say that altcoin is safe for investment. Even bitcoin is not a safe investment because both bitcoin and altcoin have fluctuated for the price. If you really want to search for a safe investment, you can choose gold because you don't have to worry about the price of holding gold. The gold price will not fluctuate too much. But since we are in the crypto world, you can select bitcoin for the investment, and if you want to use altcoin for the investment, you can use it for the short term.
full member
Activity: 1470
Merit: 105
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December 01, 2020, 07:10:13 AM
#44
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 altcoin certainly has risks, so we have to really choose the right altcoin to buy, so that we don't lose our money and my advice is that we better invest in altcoin that are in the top 100 coinmarketcap, because project from altcoin that are in the top 100 coinmarketcap already have products and progress, besides that altcoin that are in the top 100 coinmarketcap also have a high trading volume and this proves that many people believe to investing in these altcoin, so the chance of the project to fail or scam is very small.
sr. member
Activity: 2114
Merit: 309
December 01, 2020, 07:08:07 AM
#43
I think altcoin safe for investing long term is eth, BCH, BNB and ripple, maybe you can hold with litecoin. Never try to hold new coin or DeFi coin for your investment because they not have royal how to make their coin keep higher price. Always try to make scam coin with selling all coin supply and make price down. You can take example with Sushi where is not good coin because have been scam after dev sold their supply coin. Maybe you have be careful when investing with altcoin because not all altcoin can be on higher price for long term and have responsibility when coin going down to make have higher price again with buy back.
member
Activity: 378
Merit: 10
December 01, 2020, 06:54:20 AM
#42
In order not to fall for fraudulent altcoins, analyze the project very carefully before making your decision. Also, never invest in unknown altcoins and see who invests in it. It happens that very large companies invest, then this is a good altcoin.
member
Activity: 714
Merit: 16
December 01, 2020, 06:47:05 AM
#41
An altcoin is safe for investment just depend on your preference. I would suggest that if you are new to this then you make sure you do research well on the project if is visible and launch in for investment. if this thrives it will be a plus for you at the end of the day. As we have a scam we have good and realistic projects.
full member
Activity: 924
Merit: 221
December 01, 2020, 06:35:05 AM
#40
Actually in my  opinion altcoin is not safe for investment. most likely altcoins could not grow like bitcoin did and are only good for short term hold or for a trading purposes because of its high volatile in market price. Usually altcoins can move faster but could be dump also faster and that is the risk of investing coin. So be wary to chose what good altcoins there may be in the market.

I had also my choices of good altcoins in the market like eth, xrp and bch.
full member
Activity: 310
Merit: 101
December 01, 2020, 06:27:33 AM
#39
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 ?
Bitcoin is slowly flourishing and flying high.I think you should invest in the top 30 Altcoins on coinmarketcap. it will be safe, low risk, potential. The new Altcoins which you should be selective about and learn about it.
full member
Activity: 674
Merit: 100
December 01, 2020, 04:56:35 AM
#38
In the kind of industry investing in any cryptocurrencies especially in altcoins will give you assurance that it will be safe knowing that when you invest on it you really need to take risks. However, if you want to invest on a lower risks altcoins it will just give you a lower profit or gains. Just keep in mind that investing in crypto you have to know the principle "high risks, high reward and low risks low reward".
legendary
Activity: 1274
Merit: 1000
December 01, 2020, 04:47:35 AM
#37
You can see the list of altcoins from Coinmarketcap and Coingecko.  From there you can invest in Top 10 Altcoin. Also, if you want to invest in a project, you can invest in all those projects which launch their IEO in a big, trusted exchange. If you want to invest in a project, you can invest in the project managed by some reputed bounty managers. Because when they take on a project, they do research about that project.
Investing in the top 100 or top 10 coins is the safest way apart from major exchanges like the Binance launchpad. maybe later there will be a structure that can guarantee that the project that does the IEO is a legit project like through the STO, but I'm not really sure how the sto system and its structure
jr. member
Activity: 66
Merit: 1
December 01, 2020, 04:34:59 AM
#36
Its safe for investment if you invest in the right projectm or you can just invest in ethereum thats the king of altcoin afterall and its pumping real high. Also I recommend DYP, all the features in that project like staking is paid in ethereum.
member
Activity: 1764
Merit: 10
December 01, 2020, 04:29:41 AM
#35
If you want to invest in new altcoins, then it is best to invest in those altcoins that conduct IEOs on the top exchanges, for example, on Binance or Gate exchanges, because on such exchanges, IEOs cost a lot of money and I often participate in IEOs that are held on these exchanges and I always make good money.
full member
Activity: 1526
Merit: 110
December 01, 2020, 04:09:15 AM
#34
You can see the list of altcoins from Coinmarketcap and Coingecko.  From there you can invest in Top 10 Altcoin. Also, if you want to invest in a project, you can invest in all those projects which launch their IEO in a big, trusted exchange. If you want to invest in a project, you can invest in the project managed by some reputed bounty managers. Because when they take on a project, they do research about that project.
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