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Topic: Is Altcoin Safe for Investment - page 9. (Read 17872 times)

full member
Activity: 532
Merit: 132
July 17, 2021, 06:59:04 PM
High Risk Yes, in a blink of an eye everything could fall. But likr everyone says anything that fall would rise up again just give it time.
For me investing in crypto, in a long run basis could be profitable when the timing is right for a bearish market
hero member
Activity: 1218
Merit: 595
July 17, 2021, 02:32:14 PM
Its absolutely right that investment in altcoins is safe but you must keep 1 point mind before investing in altcoins.
And the point is that you will invest in those altcoins which has taken a top position in CoinmarketCap top 10 coins list.
Because these project are real with a strong fundamental which will be give you alot of profit if you buy and hold it .
Because in every bull run they double his price.
full member
Activity: 548
Merit: 107
July 17, 2021, 01:46:02 PM
Nothing is completely safe.
Cryptocurrency itself is very volatile and has huge risks, so if you want to invest your money as safely as possible, be prepared for the fact that by investing in altcoins you can easily lose it, this often happens.
Diversify risks, invest in other markets.
That's would be great. Diversify tour investment and risks as well. I and we all love cheap crypto, but I planned on buying beer anyway. Running out of money would not be a good solution. Nothing confirm yet we may see more deep. I like to play safe here, and I’m all in on strong. It’s making me good money.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
July 17, 2021, 01:36:00 PM
Nothing is completely safe.
Cryptocurrency itself is very volatile and has huge risks, so if you want to invest your money as safely as possible, be prepared for the fact that by investing in altcoins you can easily lose it, this often happens.
Diversify risks, invest in other markets.
hero member
Activity: 1260
Merit: 510
July 17, 2021, 12:43:36 PM
if basically all coins are safe, it's just that each person keeps their wallets safe.  and the key in investing in my opinion is to buy valuable coins and if the market correction period is still worth it, avoid shitcoins because it will make you lose if you have never played with shitcoins
full member
Activity: 568
Merit: 100
umachit.fund
July 17, 2021, 07:41:15 AM
I would not say that this is a good tool to keep money, it is rather a tool of speculation, and if you understand correctly which of the coins will be pumped with money. For this reason, I only keep in coins the amount that I am not afraid to lose. Perhaps with enough information, you can become very rich, but the average person is always very risky.

Actually, I can’t agree with you. Some altcoins carry real value, so I  stick to the strategy of choosing some altcoins in the top-100 list on coinmarketcap, and I hodl, and buy more regularly.

Of course, there are some coins that exist only for speculation but definitely not for holding, but it is your decision that must be supported by investigation of this currency.
newbie
Activity: 110
Merit: 0
July 15, 2021, 10:35:42 AM

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

Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall.

Usually, the fall lasts much longer than the growth. But during the fall, it is very important for the project to continue its development in order to increase confidence in the project and its ecosystem and attract more users to the project.
member
Activity: 896
Merit: 17
July 13, 2021, 02:37:27 PM
my answer is no matter how, even the best-looking project can turn out to be a fraud, and as a result, hopes will simply collapse, so it is necessary to selectively approach the choice of the project in which you want to invest and of course have good luck.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
July 13, 2021, 01:15:04 PM
Altcoin making a huge influence in crypto world but this is very hard to choose or find a real altcoin in market because daily many shit coins are coming into market and I myself have lost my some investment in some false coins but there is no doubt some altcoins have bright future its totally up to you which coin will you choose but you must read details of a coin before buying.

Nowadays, crypto users don't wanna search "how to do perfect TA or FA for altcoins" , but many users are interested to search "which gonna be the next shiba or return 1000x return". Fun fact is that those type of videos are getting huge views all over the video platforms. That's proved that users are still wanna to invest into shitcoins though they know the consequences. But it's true that potential alts are having better future, that's why we need to do our proper research before investing into any alts. Also, we should invest only those amounts which can be afforded to lose whatever happens, IMHO.
full member
Activity: 1190
Merit: 108
July 13, 2021, 11:53:47 AM
Do deep research to prevent you from scam project is a must, and dont be rush to buy and make investment, think twice when you decide to make it as long term investment, i am a trader, not hodler, so im entry near big waves come and exit while the waves at the top is my way to take profit.
Regarding OP asking what alts are safe to investment, ill say no alts are safe for it, its depends on what the trend, as example, no one knows what will happened to BNB if the gas price from ERC20 not increase like crazy like couple months last, and Binance make BSC with cheap gas price with BNB as payment, and boom, BNB skyrocket today, that is what i mean alts depend on trend.
copper member
Activity: 54
Merit: 1
July 13, 2021, 08:30:37 AM
The Bottom Line. Altcoins are good alternatives to cryptocurrency market investors interested in diversifying their portfolio. But investors should do their research before investing in them. The risks associated with altcoins are similar or, in some cases, greater than those for Bitcoin investing.
jr. member
Activity: 41
Merit: 1
July 13, 2021, 06:45:18 AM
Altcoin making a huge influence in crypto world but this is very hard to choose or find a real altcoin in market because daily many shit coins are coming into market and I myself have lost my some investment in some false coins but there is no doubt some altcoins have bright future its totally up to you which coin will you choose but you must read details of a coin before buying.
member
Activity: 168
Merit: 19
July 12, 2021, 03:15:52 AM
All investments are not absolutely safe. There are many altcoins. Everyone can issue currency. When investing, it depends on whether the project is mature, whether a technical team has been formed, and whether the project team will run away. Don't completely listen to the opinions of others, have a mentality of accepting failure, make appropriate investments, and don't invest all your money in new cryptocurrencies.
member
Activity: 116
Merit: 23
July 12, 2021, 02:42:50 AM
Any investment has risks. Many altcoins will obtain high returns in the short term, and the greater the returns, the greater the risk. To invest in altcoins, you must understand its market conditions and invest in altcoins that have been on the market for a long time and have a good reputation. The important thing is to do a good job in risk management and stop losses in time.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
July 12, 2021, 02:16:02 AM
It is safe if you know how to choose the right and the legit one. But if you don't know, well that is not safe of course.
Moreover, altcoins so far in the market mostly are not good actually. Only few of them I could say that has a good movement
now in the market. Then, most of the coins are horizontal line in the graph.
especially now that everything is experiencing a decline, so actually it is appropriate to be able to choose which altcoin can still survive well in this deteriorating situation. based on the ranking and market cap on coinmarketcap we are able to at least analyze which altcoins can not sink to -60% more than their last ATH. at least they are able to not go down to the bottom, because if it goes down once it means there is no ability for them to be able to maintain it well. so the odds are rapidly increasing will be left behind with other altcoins and ready.
member
Activity: 96
Merit: 10
July 11, 2021, 11:55:35 PM
Altcoins are very risky. This is well known. We cannot eliminate the risk, but we can minimize the risk. If you blindly choose some rubbish coins, you will lose money and you want to invest in stable long-term holdings. Bitcoin is the first choice, the risk is relatively small, and then choose some top-ranked coins, don't choose one randomly, they will profit faster than Bitcoin, but the risk is greater, you must be cautious when buying coins.
member
Activity: 99
Merit: 10
July 11, 2021, 09:50:50 PM
Altcoins is not safe for investment.we can not judge the risk from any investments especially in cryptocurrency,If you want  to make huge profit in cryptocurrency, you need to diversify your portfolio to altcoins 。We must buy cryptocurrency at the right time .If you have buy investment when the correction was happening You will lost too much.
jr. member
Activity: 94
Merit: 1
July 11, 2021, 07:51:55 AM

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

Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall.

Usually, those projects that continue to develop even during the market decline, with subsequent growth, have more competitive advantages and increase in price more.
full member
Activity: 791
Merit: 139
July 10, 2021, 12:31:38 PM
It is safe if you know how to choose the right and the legit one. But if you don't know, well that is not safe of course.
Moreover, altcoins so far in the market mostly are not good actually. Only few of them I could say that has a good movement
now in the market. Then, most of the coins are horizontal line in the graph.
full member
Activity: 1120
Merit: 101
July 10, 2021, 10:53:10 AM
no one is safe to keep your money in crypto.
everything can eliminate the money you have. understand first before starting to invest.
those who have succeeded there understand how big the risks of crypto are. if you already know that you can focus on top market assets to get started. choose one with your small money. it will give you experience. after that, you can develop your investment with bigger money.
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