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Topic: Is it risky to buy not top 100 crypto currencies? - page 11. (Read 8857 times)

member
Activity: 268
Merit: 10
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?

No, if you are sure about the project behind this coin. For example, many ICOs are creating MVP but their tokens do not grow untill they will be able to release alpha or beta version. In such terms, token may make it to the top 100 pretty fast, so keep it in mind.
full member
Activity: 195
Merit: 100
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
It depend on the altcoins that you went to buy it, being in top 100 doesn't always mean that you can get a profit from it, and also when a altcoin is not in the top 100 doesn't mean that it's not good some altcoin need the time for developing.
full member
Activity: 434
Merit: 100
Many altcoins have fallen dozens of times and with it not only the bad coins and even the top, so we can conclude that any asset is over risky in the current market and any investment is very dangerous
sr. member
Activity: 1358
Merit: 261
Even if you are buying from the top 100 cryptos there are still risks that you have to know, I don't think that it should be based on the ranking though, you have to know which is more viable and which crypto for you sucks, basically, that is all what you need to know before buying, it doesn't matter if it is in the top 100 or not.
full member
Activity: 560
Merit: 100
There are always risks and they very often become very unpredictable, because very often people cannot correctly assess the extent of risk, so I probably would not invest in them. Therefore, it is best to invest in projects that are time tested.
full member
Activity: 602
Merit: 100
It is risky a bit, but on the other hand those are more volatile and can be easily pumped 10x.
For me it is still hard to hold tokens, I rush selling when price is getting higher
member
Activity: 546
Merit: 11
Some of the coins which are not yet in the top 100 coins can also perform well in the coming months or year. It can be risky though but if you are willing to take the risks, then why not.
member
Activity: 322
Merit: 10
Yes, I can say that even buying a TOP 100 is a big risk, it all depends on the currency. I remember there was such a currency "Round", and so it came out of the top 1000 in a month in the top 10, and after only half a year, it withdrew from sales
jr. member
Activity: 350
Merit: 3
The majority of coins that are outside the 100th rank do not have good potential and prospects in the future. The team's performance cannot be relied on to be able to make a profit. The opportunity to get satisfactory results is very thin. There are many coins that are at the top with affordable value, I think it would be better to choose them than those above 100.
full member
Activity: 672
Merit: 100
I never wished to profit from investing our money in crypto currencies, especially from the top 100 coins because no one made sure that the coins we had were profitable. the digital world is the world only we are the ones who bear the risk themselves, so don't expect too much
member
Activity: 350
Merit: 10
Investing in cryptocurrency is already a risk. Even in any other type of investment there is always risk. I believe that in crypto market that it is less risky to invest in the top 100 rather than investing on the crypto which are not in the top 100.
full member
Activity: 560
Merit: 100
Investing in cryptocurrencies is risky in principle. Buy coins that are not included in the top 100 is not very risky, because I think that the top 100 is too much. There really is a top 20.
hero member
Activity: 882
Merit: 500
Now it is even risky to buy a well-known cryptocurrency. While the correction is going, it has become very difficult to make a choice. Therefore, my advice is to wait for the end and then make a decision.

Why do you think so? For example, I invest in Bitcoin, I know there are risks, but that is something you have to accept when investing in any coin, or any other market.
member
Activity: 406
Merit: 11
Not at all. AltCoin will survive is only AltCoin with have a real use chase or have a solid fundamental. If it's top 100 but not have a real use chase it's risky too.
It seems to me that even despite the current position of the cryptocurrency market, you still need to be very careful when choosing altcoin for investment. For some reason, I always get to the information on the network that more than 60% of altcoin does not have a real product.
jr. member
Activity: 131
Merit: 2
Not at all. AltCoin will survive is only AltCoin with have a real use chase or have a solid fundamental. If it's top 100 but not have a real use chase it's risky too.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
Now it is even risky to buy a well-known cryptocurrency. While the correction is going, it has become very difficult to make a choice. Therefore, my advice is to wait for the end and then make a decision.
Whenever I recommended top 100 coin for purchase I remember bitconnect. throughout the period in market the coin stood mostly on the top 100 before it was discovered that its a scam project. So it always important to do your research. I will recommend checking some youtube videos of some crypto analyst who invest in ICOs and recommend projects for adoption. The videos can give guard on how to research a project. I wont like to recommend any analyst any way.
member
Activity: 168
Merit: 10
I do not think that it makes sense to invest tokens that are not in the top 100. Tokens with a small market capitalization are usually more volatile, and this is risky
member
Activity: 392
Merit: 10
DeepOnion, a new dream.
Of course, it is risky. I think only investing in the top 10 is less risky. However, profit and risk are quite related. The most risk you take, the most possibility of losing your money in the hope of the more possibility of getting more profit. So, it's logical to invest in such coin.
member
Activity: 252
Merit: 11
There is no doubt a risk, but if you are lucky you will be able to hit the bank. but the fact is that those coins that are below the top 100 need to be checked more accurately.
member
Activity: 168
Merit: 10
I think it's risky now. After all, while there is a correction, it is very difficult to invest and not worry. What will happen next is not known to anyone. While I watch, and there time will tell.
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