Pages:
Author

Topic: Is it risky to buy not top 100 crypto currencies? - page 80. (Read 8844 times)

full member
Activity: 294
Merit: 100
I believe that buying coins outside of the top 100 is too risky. But sometimes the risk is completely compensated by a solid reward and the prospects of obtaining a large income over time.
newbie
Activity: 84
Merit: 0
Of course this is a huge risk and you can lose your money, but on the other hand you can earn a decent amount of money. You never know how much the coin will cost tomorrow.
legendary
Activity: 2058
Merit: 1015
It is very risky that's why others most advice is buy only those top coins in the market. For you to see why not try to buy atleast 1-5 different coins with a small amount of course but you should research first about the team, project, and anything that is convincing  to you and not just randomly picking.
newbie
Activity: 30
Merit: 0
Yep, but rooting for airdrop is a lazy man’s job. imo
copper member
Activity: 269
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?
You know what, even if you will buy coins at the top 100 the risk factor is not eliminated. Always bear in mind that investing here in cryptocurrency is associated with risk but with the high risk comes high reward also.
hero member
Activity: 1302
Merit: 532
yes it is still risky, buying on top 10 is risky if you made a mistake buying at higher price then suddenly goes down. every investment is risky.
The biggest advantage on investing in the top coins is that the market wont go down hard unless you are stupid enough to invest when the price was at an all time high valuation, even if the price goes down you can hold for some time and the market will rise again if it is a solid coin, there are coins and projects that are not in the top list which have huge potential, i always look for small valuation coins to invest rather than big ones.
newbie
Activity: 95
Merit: 0
I think if you analyzed the project, where you plan to invest and you have no doubt about its potential, then it's even better that this project isn't in top-100 because it means there are bigger chances for a fast growth.
full member
Activity: 449
Merit: 102
Binance #Smart World Global Token
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 still risky, buying on top 10 is risky if you made a mistake buying at higher price then suddenly goes down. every investment is risky.
full member
Activity: 266
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
Of course it's risky because you risk losing all your money or not getting a profit all the time  Sad
legendary
Activity: 1106
Merit: 1005
At the current moment top 100 includes the currencies of capitalization about 150 million dollars. In such a way, almost all new projects stay out of this category. So, you may fin a planty of promising young projects in top-200 or top-300.
full member
Activity: 406
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?

If to try say some absolute rule then I think higher coin to the top more reliable it is. This is a common rule we know it. On my mind working in cryptocurrencies is risky at all. The question is in extent of risk.
newbie
Activity: 167
Merit: 0
I think the risk is the same, the difference is that you want to invest long-term or short-term, sometimes altcoin that we invest quickly to benefit and not a little that takes a long time and some are not moving at all,
full member
Activity: 406
Merit: 100
Even with the purchase of leading altcoins, risks and fears always remain. Everything depends on the prospects of a particular coin, on the development team and the relevance of the proposed technology.
jr. member
Activity: 154
Merit: 6
I am not sure on this because after 100 coins also available good coins to investment if you know well crypto currency then keep investment other wise better keep investment on popular coins to reducing the risk   
member
Activity: 280
Merit: 10
It should be understood that risks exist even when buying coins from the top 100. After all, this is not magic, but quite a natural market, therefore, it is impossible to guarantee the success of a particular project.
newbie
Activity: 86
Merit: 0
Maybe some of the coins may not increasing, but the important to know is the behind of the coin like the team and their projects just a little research from them so that you know if it is potential coin or not.
newbie
Activity: 104
Merit: 0
It is risky to even buy cryptocurrency from the TOP 10. Ask those people, who bought Bitcoins for $18000 and Ripple for $3.
sr. member
Activity: 1428
Merit: 251
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 think investing on every cryptocurrency is high risk not matter that coin on 100 top list. Some altcoin beside 100 top list have good potential as long that coin have working product and back up by good team and good company.
Sometimes investing altcoin that not on 100 top list more profitable because that coin have lower price and still undervalued market cap
newbie
Activity: 182
Merit: 0
You know what? We are at crypto environment and you know the side by side of this environment have the equivalent of risky words. Whatever we do are actually risky. Well it's up to your strategy on how you should deal the top or not on the top 100 in the market. Deal crypto wisely.
member
Activity: 139
Merit: 10
Not risky at all, but it is more than true that you can easily lose money if you buy a shitcoin that is going to be dumped because of different purposes after all
Pages:
Jump to: