Is it risky to buy not top 100 crypto currencies? - page 52.

maiden

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Chainjoes.com

Quote from: NikoF on May 25, 2018, 08:16:45 PM

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?

For me, yes. It is very risky because its not well kniwn coin so theres a tendency that those coin are made to deceive people or they use those coins from the start only and turns into scam coins. Theres a high chance of losing money, always remember that you must buy well known coins or coins that is very popular in the crypto market.

aldrin6697

member

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Yes it is, it will be more like gambling than investing. Unfortunately your chance of losing has a bit more of a percentage.

Malya_alkendy

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Any investment in Cryptocurrency is risky, I think by buying coins that are not included in the top 100 coin in CoinmarketCap is okay, because sometimes the coin is nice but new born, also has not entered the top 100 coins. with the note of the coin we bought, is really a good coin.

5thFear

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I think its not that risky. Right now all the altcoins are at risk though but once it becomes the main stream then alot of altcoins will become very profitable so its time to collect as many altcoins as possible. Don't even look if they are in the top 100 or not but they will be worthy in the future..

uyriysaw

full member

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I would not say that this is a big risk. Everything depends on the token, now it can be 200, and in a couple of months it's 50th place. That's what happened to me)

SeNeor

full member

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Though it might be a bit risky because some of these coin end up being one of the potential coins after sometime but I think it is better to buy coin which you know is very promising and also have a very good community and is among the best coin because you are sure of the potentials other than buying a coin which you are not sure of the future.

Runtown042

newbie

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No it is not just make sure it's a good coin

codegm

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This is new market and it is not stable yet. There are a lot of risky but first 100 coins risky, less than other coins but I think you should focus the good projects, not look just market cap

runor

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The chance is certainly not higher, but nevertheless it is, just you need to be sure of the project that they support!

Inikoo

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Bitcoin, and Ethereum are much safer for sure, than these small coins. But they also have more room to grow in a bull market.

p3ppymon

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After the rally of bitcoin price this month, all the top 100 altcoins price were creeping behind. As the price of btc stabilised a bit, there is going to be opportunities for big increase in price for the alts. If you are not risk adverse, and ready to gamble, I would suggest to invest a bit for bigger rewards.

Adeforever

newbie

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Its very risky because they might be delisted in future for low volume trading on exchange which can make you loose your investment.

KingJess

newbie

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There is always a risk when investing in the crypto-currency industry. I think that you understand that the crypto-currency industry is always a risk and the more you invest there the more you get the risks

Mateo123

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Quote from: NikoF on May 25, 2018, 08:16:45 PM

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?

Yes it is, even in the top 10 still its risky ,theres a big chance to lose your money,investing coins that are not so popular is not good idea, it has higher risk ,,,it is necessary to do a certain research before investing.

poodle63

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Leading Crypto Sports Betting & Casino Platform

Quote from: tomboi on July 26, 2018, 02:14:12 AM

Actually, risky or not it depends on the coins. Each coin has different concept. When the coin has an interesting and promising concept for the future technology (moreover with products), I think that it doesn't matter to buy the coin outside of 100 top lists. For, now many promising ICO tokens are offered also.

Just to remind that even if the project looks good but the 24h volume is really low below 100k dollars then it's kinda wasting money, you dont need coin that have low liquidation instead choose the ones that have quite high volume
but also a promising project, theres plenty of them below top 100 crypto but proven to be a good coin.

tomboi

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Actually, risky or not it depends on the coins. Each coin has different concept. When the coin has an interesting and promising concept for the future technology (moreover with products), I think that it doesn't matter to buy the coin outside of 100 top lists. For, now many promising ICO tokens are offered also.

ladmxy

newbie

Activity: 48

Merit: 0

Yes, you are right. As far as I am concerned, I only invest in it to see if it has potential, not to look at its ranking. In my opinion, all currencies are dangerous, not limited to the top 100, as long as it can Bringing profits, I am not afraid of danger.

Kyo Kusanagi

newbie

Activity: 124

Merit: 0

Yes, I think the risk of investing in small cryptocurrencies is very large. They are at risk of death at any time. You may lose all your investment overnight, so this is not a good choice. The market is still at a low point. Therefore, the top ten cryptocurrencies in the investment market will be a better choice.

identifyuser

hero member

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The risk is always present, even in the top 10. You need to study the market well then conduct an analysis of a certain coin and you will have a chance.

costgranda

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Quote from: NikoF on May 25, 2018, 08:16:45 PM

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?

I never look in what place the project on capitalization is. I consider it not that criterion to which it is worth paying attention. New projects which have the huge potential for growth hardly will have a huge capitalization as at coins from a top 100. Therefore if the project good, then isn't necessary are afraid to invest!

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