Topic: Is Altcoin Safe for Investment - page 7. (Read 17872 times)
I'm never gonna advise anyone to invest heavily in altcoins. Apart form the fact that they are quiute unstable, most of them turn out to be scam, which is very sad. Everyday of the Year, some one , somewhere is lying about solving a problem that doesn't exist by launching a project to rob people off their money. Yeah, I know they're good altcoins out there, but differentiating the bad from the good is quite hard.
They have all picked up a gigantic gradual addition over the most recent couple of days. With this upswing, there is a high chance that they will keep on going up. So its never past the point where it is possible to get them. On the off chance that you have gotten some significant venture when the revision was occurring and I surmise you have brought in nice cash from that point.
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there is no any kind of investment that is without risk, especially in the crypto world of course it has a greater risk than other investments, but if you want a low-risk crypto investment, try to buy one of the top 100 altcoins
Even coins above top 100 still a lot more volatile than other investment but at least it isnt as volatile as the meme coins that was made for speculative purpose.However the least volatile coins except stablecoin are usually in the top 5 because their market cap is large but still quite volatile, if anyone want to find a safe investment iust stake stablecoins.
All Altcoins in my opinion will always depend on BTC, even in this market I have seen the emergence of LTC differently,, Litecoin has shown a great recovery with respect to the other cryptomoneds, in fact the market in general is supposed, the recovery of BTC has made many Alts get their Bullish path, LTC shines differently from the other Alts:
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While assets such as Bitcoin, Ethereum, Binance Coin, Cardano, etc reached new ATHs during the 2021 rally, Litecoin hardly closed a weekly candle above its 2017 high. Observing the weekly chart also presented the reduction of trading volumes over the course of both cycles.
Litecoin wasn’t able to consolidate above its immediate support of $145 as well, which was the 2019 high. The valuation remains firmly under the 20-Moving Average but the main concern remains its sideways movement on the weekly chart.
Source: https://ambcrypto.com/this-is-the-main-difference-between-litecoin-and-other-altcoins/Litecoin wasn’t able to consolidate above its immediate support of $145 as well, which was the 2019 high. The valuation remains firmly under the 20-Moving Average but the main concern remains its sideways movement on the weekly chart.
The fall of the market will clear the cryptocurrency industry of numerous projects that are not needed and have no practical use.
Yes, but the purge of the useless cryptocurrency industry will only be temporary because when the market starts to rise again, there will always be a useless cryptocurrency industry that is born blindly.
Flood of new projects in same field is quite disappointed me as DeFi i have sceen many many scams on the name of DeFi. Everything ongoing in new market is not good at all so alt coins are safe but the proper research on the project team is needed and their uniqueness should be an important factor as well. Hoping as DeFi NFT projects will not disappoint us.
During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24
It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.
Now the cryptocurrency has risen again, although most likely this growth is temporary. Cryptocurrency is a promising technology and in the future it will grow in price.
Cryptocurrency growth is not temporary. The bitcoin prices may pump or dump but in the long run the prices will always rise. If you compare both Altcoin and bitcoin, then bitcoin is more safer investment than the altcoins. According to my experience, more than 50% of the investment should be in bitcoins.
During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24
It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.
Now the cryptocurrency has risen again, although most likely this growth is temporary. Cryptocurrency is a promising technology and in the future it will grow in price.
Altcoin are best in crypto after bitcoin. So you can easily trust on them for investment but keep in mind that you need to invest in those project who had take his position in the top 10 list of best altcoins.
Because the 10 coin are really strong and potentialful project with a really trusted team.
So keep invest in alt but in CoinmarketCap top 10 altcoins
Because the 10 coin are really strong and potentialful project with a really trusted team.
So keep invest in alt but in CoinmarketCap top 10 altcoins
During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24
It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.
When the market falls, there is little attention to projects, so it is difficult to develop a community. But the main thing is to continue to develop the project and support its ecosystem, so that people can see about the development.
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 ?
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 are hesitant to invest in a newly launched project, it would be better if you can invest in altcoins that are already on the exchange. So you can control the price of coins yourself.
However, if I invest in an ICO project, IEO or whatever it is called, I see the partners, teams, and even who is promoting the project in this forum. At least they all have done their research before collaborating with the project.
Why Not? But, You have to make a quality research before investing. Maybe you can invest in old coins like ETH. Also so much good altcoins available in cryptocurrency market to buy.
Here is a risk to investing in altcoins without big knowledge. So much scam altcoins created by scammers. Be aware from them.
Here is a risk to investing in altcoins without big knowledge. So much scam altcoins created by scammers. Be aware from them.
Altcoin market now are in red which means you can buy at a lower price but be careful. Altcoin is safe for investment but it depends on a type of altcoins. Choose wisely in the market. Don't just look at the beautiful name of a token but also try to learn or do some research about the project before investing and buying their tokens.
By studying the altcoins that we will invest in carefully, it will make it easier for us to make decisions in the middle of the red altcoin market as it is today, because when the market is red it is the right time to invest, because as you said we can buy at a low price so if in the future we will get more profit when the market starts to go green again.
During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24
It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.
The blockchain technology itself is very useful. But it is important that there is a practical application of this technology. The more practical applications there are, the more popular and popular the technology will be.
friend,Investing is like you are taking a risk yes if you have extra money and you think if it will be loos not problem then you can invest in altcoin but if you want to invest an altcoin, first you should get details about that altcoin, If you will get positive and true details than you can invest
Yeah that's right,but I think Op has seen a lot of altcoins and he is choosing altcoins for long term or short term investment, no one guarantees investing in crypto is safe, but always choose altcoins that have a market cap of more than $50 million usd, if a new coin has reached the market cap like that, I think the opportunity to make a profit will be great, we can see a list of top 100 to 1000 altcoins, there are many altcoins that we can choose according to your wishes
friend,Investing is like you are taking a risk yes if you have extra money and you think if it will be loos not problem then you can invest in altcoin but if you want to invest an altcoin, first you should get details about that altcoin, If you will get positive and true details than you can invest
There's no doubt that there's a higher risk involved investing in altcoin coupled with the fact that the success of the project is dicey, but not withstanding its important to know that investment in a successful altcoin could be much more lucrative and this goes with the fact that the higher the risk, the greater the reward.
In so many ways we can't predict who will be the best altcoin aside from ethereum. But the fact is all of them have a potential to explode and make it's value rising like a star.
all investments must be risky, including cryptocurrencies such as altcoin investments, so to ensure that it is truly safe it is impossible, but can only be done by reducing the huge risks that can occur. therefore before we make a trade it is better to always make a consideration of the size of the risk that can occur. My advice is to invest in some really trustworthy altcoins like ETH.
During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24
During the fall of the market, only the best and most useful projects remain, all projects that people do not need die off. Thus, the cryptocurrency is cleared and becomes stronger and more useful to people.
It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.
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 ?
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 now the biggest risk for altcoin connoisseurs, they try to convince people so neat to believe it and when people start to believe they run away and commit fraud.
The presence of many altcoins actually makes people lose trust, not even being the best solution for people who want to invest, they act as if they don't have much influence on the crypto world, the effects of this crime have a huge impact on the crypto world today.
Instead of convincing people in various ways, they even dare to openly say that this and that coin is a solution in the future, even though after the profits they get, the altcoin just goes away.
What makes us wonder at this time is that they don't care about anyone and are not even afraid to be tagged and suspected, because of them the investment situation is not so safe for now, people actually lose trust and don't want to trust any altcoins anymore.
We need to make a standard rule for those who cheat, or we report them to altcoin control, so that in the future they will be wiped out whatever coin they created.
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