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Topic: Is it risky to buy not top 100 crypto currencies? - page 36. (Read 8857 times)

sr. member
Activity: 658
Merit: 250
Yes, I think it is risky to invest in not top 100 crypto because some of them are not promising or lack good management but there are some that are undervalued. I will suggest that it is better to invest in promising and potential project among the top 20 than investing in less valuable ones.
hero member
Activity: 938
Merit: 502
This days is risky to buy some of top 100 crypto currencies. Investing in coins out of the top 100 is definitely riskier, but present the opportunity for a higher reward if the investment is right.
full member
Activity: 277
Merit: 100
Yes, of course not , I think the risk is not very big as in the top 100 to take something , there are a lot of good coins that are not yet in the top 100, I have coins for example from shivom very cool project!
There are a lot of quality coins out of the top 100 but there are also lots of unqualified coins. Risk is still very large, about 50%, so i think newbie should only care about the coins in the top 100.
newbie
Activity: 126
Merit: 0
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?

in my opinion for investment it is better you choose the top 10, it will give you better profits. and investment in the top 10 coins, the price is more stable.
newbie
Activity: 33
Merit: 0
Generally, you're better off investing in a more established choice, in terms of safety, of course.
However, every project started somewhere, and most top 100 coins weren't in the top 100 when they started.

Simply put, you could assume a newer project has a higher risk of failure, and thus higher risk of losing your investment.
But, assuming you invest in a useful project, and it succeeds, you've got a higher return.

There's plenty of great projects that are out of top 100, and I personally invest primarily in those.
However, you must ensure that you take the time to research the projects you consider investing in!
You can read this thread for some general tips on what to look for.

While I personally believe crypto is far, far from it's end point, we can still safely say that Bitcoin going to 100k/bitcoin would be huge, considering it'd likely drive the entire market with it and therefore the entire market cap would 10x.
At the same time, a much smaller and newer project, could 10x without it barely affecting more than a 0.01% of the market, potentially.

However, avoid going too low, since projects with very little volume are easily manipulated.

Also consider that a $1,000 investment in Bitcoin, and it somehow manages to surge to 100k each, would still 'only' give you $10k.
$1,000 in a small project however, could surely end up giving you $50,000 if it's done well.
(although some believe those times are over).

The further you go from the top, the more 'dangerous' it becomes, there's constant shilling around many small and new projects.
You are in charge of your money, and it's up to you how far you'll dig into a project before you invest in it.
If you have time and patience and truly find some great projects, then you should invest in those.
However, if you don't, you might be better off investing in one of the top coins.
(although many of those aren't really worth to be there in my personal opinion).
There's no guarantee any coins on top 100 will stay there.

Crypto is volatile, and % gains that could happen in a year on the stock market, could happen over night in crypto.
This also works in the other direction(loss).

So, simply put, if you want a safer crypto investment, go with top coins(Bitcoin/ETH/Monero I'd say).
You can still lose, but it's not the same risks that applies to smaller coins.

And, don't let someone tell you what to invest in - you can hear of projects, but still, make sure you read!
(again, some tips in the thread I linked earlier)  Cheesy

Final note, even if a great project is out of top 100, it could be a very limited use case.
If you find a great project in an early stage, it could very well give you 50x on your investment, without ever entering the top 100.
What matters is the market cap, if it goes from $1m to $10m, that's 10x - although with such a very small market cap, it's still a very, very risky investment since likely someone is in control of a large amount of the coin, or it's an easy target for a 'pump and dump' - however, case is still valid - it's 10x your money, while still being far from top 100. With such a small market cap, there's likely very few people there to buy from you aswell.
 
In my opinion, many projects are severely overvaluated currently. There are so many projects valued at hundreds of millions of dollars, for no apparent reason.
Be careful and make sure you invest into something valued, because who knows when the purge will come (it bubble).
There are many great projects outside of the top 100's that I'm certain will one day enter the top 100, however, in general, these projects are in early stages and therefore, it's waiting involved.

To summarize, if there were some clear ways to gain money, everyone would be doing it.
The market is bleeding and has been for a while.
There are still projects that has increased, 50%, 100%, 200%, just in the past days.
There are plenty of projects that will increase 500%, 1000%, 2000% in the soon future.
It's up to you to find them.
There's also plenty of projects that will only continue losing value.
It's up to you to avoid them.

High risk, high reward!

This is really a good help to all of us who are new in this form of investment to make us knowledgeable and away from possible loses due to wrong choice if investment.

member
Activity: 179
Merit: 10
It is dangerous to try and purchase beneath the main ten cryptographic forms of money not to discussion of the best hundred digital currencies. With hundred you have experienced countless and there is no assurance that any of these coins will do well. They could wind up flopping too for the time being. There truly is a higher opportunity to lose your cash when you contribute beneath the best hundred coins however.
member
Activity: 518
Merit: 10
Yes, of course not , I think the risk is not very big as in the top 100 to take something , there are a lot of good coins that are not yet in the top 100, I have coins for example from shivom very cool project!
member
Activity: 198
Merit: 10
Obviously, every digital money has hazard when it comes in contributing, we can't deny the way that you're going to misfortune or gain benefit. The good thing to decrease these dangers are having a few abilities in investigating about ventures that you think has potential in the long haul. Obviously, this is a major hazard to purchase coins that don't possess the twentieth place in the best, however it is these coins that can bring a major benefit! Simply need to precisely choose ventures
hero member
Activity: 1008
Merit: 501
Investing in altcoin in the top 100 will give you less risk. But it is still dangerous because of the current top 100. Only about 20 altcoin are there products. So you need to consider carefully before buying altcoin in the top 100. Only buy the altcoin is working well and have the product because the altcoin without products will soon be removed from the crypto.
member
Activity: 840
Merit: 40
Top 100 coins always have the highest liquidity and trading volumes and you can sell/buy your coins any time and never trapped due to good volumes on all those coins. It is always risky if you buy the coins which have low volume because, in bad phases, you cannot sell your coins as no one buys low volume coins at that time.
newbie
Activity: 87
Merit: 0
It is very risky and dangerous. Even coin that are among the top 100 coins, you have to be careful when you want to put your money into them.
member
Activity: 265
Merit: 11
Investing into cryptocurrencies is always risky.
If you invest into an ICO, which has just reached exchanges, and is a really sought after coin with a stable team behind it, good vision, connentions etc. than it can be fairly safe - compared to other crypto investments.
newbie
Activity: 93
Merit: 0
Is it dangerous? Truly certainly, on the off chance that you don't know how the market goes then the likelihood is you will prompt destruction. What's more, the reason it is prescribed to go on the best crypto is that, it is trusted and demonstrated along the years even it has a negative remarks yet the reality it is on the best spot it is verily dependable.
jr. member
Activity: 518
Merit: 1
Well, if the project is good , it certainly is reliable , but if there team is not very not necessary to buy , many worthy projects which are not yet in the top 100
member
Activity: 336
Merit: 12
I think 100 coins in investments are relatively safe compared to other altcoins. But we cannot deny their risk .You need to analyze the coin in which you want to invest.

I also think its less risky to purchase coins in the top 100 than to invest in ICOs or buy coins with a small cap. But does it matter? The cryptocurrency is much riskier than investments in estate or deposits anyway! In the cryptocurrency market, you have to think three times before taking a step!
copper member
Activity: 1568
Merit: 0
Certainly it is risky to buy top 100 crypto currencies, Many currencies in crypto are very volatile but not all if you invest in top 100 currencies so it is not a possible that you will get a huge gain , it can be too risky.
newbie
Activity: 119
Merit: 0
It is exceptionally dangerous that is the reason others most guidance is purchase just those best coins in the market. For you to perceive any reason why not attempt to purchase atleast 1-5 distinct coins with a little measure obviously however you should examine first about the group, task, and anything that is persuading to you and not simply arbitrarily picking.
hero member
Activity: 2520
Merit: 783
Yes it is. Because they are likely just a pump and dump scheme. Those crptocurrencies only have few volumes which indicates only a few number of traders. If you are caught by their hype train and it's too late for you to sell to earn profit then you might hodl it for a year or maybe forever. I recommend you to buy cryptos only on top 50 of the coinmarketcap. There are many traders in that range and as long as you know when to grab profit you won't lose your bitcoin from it.
newbie
Activity: 196
Merit: 0
of course.Investing in any crypto currency is a risk, just where the risk is higher, where it is lower. Everything depends on the particular project, from the development team, from the project partners. Therefore, it can not be said that coins that are not part of the top 100 are more risky investments.
jr. member
Activity: 490
Merit: 2
no one is not at risk in crypto investment. Crypto is fluctuating, and all of crypto is quite risky. it's just that, for the top 100 and top 10 it's certainly different. because the price change for the top 10 is definitely better.
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