Is it risky to buy not top 100 crypto currencies? - page 92.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: klim75 on May 25, 2018, 11:01:10 PM

Yes, it can be risky. It depends on projects, your knowledge and skills. But you can get a very good profit.

may be at risk maybe not, you're right it will depend on the specifications and goals of their project, now there are thousands of coins
and lots of coins keep coming, and if you just focus on the best 100 coins, maybe you'll miss a new coin that may have big potential right?

Cemploon

member

Activity: 644

Merit: 10

CurioInvest [IEO Live]

in my opinion it is certainly too risky if it is done now. because the current market really is very selective towards the coin. Many coins do not have the future finally had to burn. This is because the market has not been fit more coins again. then there must be sacrificed. Feared, if you are investing in coins that are indiscriminate, or not on the order of 100. Then the coin will participate in the burn as well. Dear money you spend for investment if it is to happen.

klim75

member

Activity: 196

Merit: 10

Yes, it can be risky. It depends on projects, your knowledge and skills. But you can get a very good profit.

deathland113

full member

Activity: 242

Merit: 100

No, it isn't. Many good projects still undervalue and under ICO price too.
that's chance for you to grab some cheap one. just make sure you know about the thing you buy

boakyei

member

Activity: 358

Merit: 11

Not all that risky to buy alternative currency that is not part of top 100 cryptocurrencies. Imagine those of the top five was once below top 100 coins. In such a case you need a discretion to determine if the coins that is below the top 100 coins has the capacity to rise to the top, then that is the opportunity to make money from it by buying it low and later sell it high.

gilangIDR

legendary

Activity: 1526

Merit: 1001

Quote from: NikoF on May 25, 2018, 07:16:45 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?

Opportunities for losses are enormous because coins that are outside the big 100 have not had a good level of confidence, it is the main cause that the price of the coin can decline very drastically and is difficult to develop. But the other side that the coin can experience the pumping done by the developer coin, it certainly can make us get extraordinary profits. But again that is a speculation and everything can happen. Choose according to circumstances and I am sure that you can choose the best.

CAPT.DEADPOOL

full member

Activity: 854

Merit: 102

PHORE

I think it's not risky to buy altcoins that are not in the top 100 because others make it a way to make their project better and better with other exchangers that are well-known and know your other altcoins and just sleeping but when it comes to a beautiful partnership sure increases their price

Gr4yF4ng

newbie

Activity: 57

Merit: 0

No it's not, provided you did your research. You want to look at the following, among other things, when investing in cryptos outside the top 100 (remember that even top 100 has some really scammy/dubious cryptos)

- The quality of the team: AKA, are there any notable people that have already had a distinguished career in the field, and do they have a strong academic background?
- Roadmap: Is the crypto's roadmap reasonable and not too long or too short? Have they had trouble sticking to schedule in the past?
- Use case: Is the token or coin really valuable? Is the token needed for the product to work? Does the token give good value to the holders?

These three are the most important things to consider IMO. The token Ambrosus for example passes all three tests really well.

limtjoehua

member

Activity: 216

Merit: 10

Best solution for smart cities

Quote from: NikoF on May 25, 2018, 07:16:45 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?

not entirely true and sometimes there are coins in the rank under 100 with a low market cap, but he can give a high profit. so this is still based on the results of our research and luck.

Bit talk

jr. member

Activity: 154

Merit: 6

No in 100 crypto currencies have risk and after 100 coins have good coins so its depended by your know about coin which one you select for investment so if you select good coins then you will get good profits

fransxavariustintin

newbie

Activity: 140

Merit: 0

I think the top 100 coins have struggled to grow from scratch, they appear unrecognized then they start to be known, the coins that come out of the list of 100 have hopes and chances to grow into big coins, there's no reason to be afraid to invest in coins.

Memenya

member

Activity: 238

Merit: 10

Quote from: NikoF on May 25, 2018, 07:16:45 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?

Actually all type cryptocurrency is risky though they are top of 100 or not because all remain risky.
However, not top 100 in marketcap have more risk compare with top 100 market. So all depending on our choice to 100 or not.

CryptoMao

newbie

Activity: 18

Merit: 0

Buying a top 20 coin isn't a guarantee for success either. Bitconnect was a top 20 coin even though we all know what happened with that. If you trust the team and the product then i'd say there's more upside to buying a coin outside the top 100 with the same amount of risk.

aussiesloth

member

Activity: 266

Merit: 41

Risky? Yes. Too risky? It all depends on your risk-reward comfort levels, PLUS your knowledge and ability to both read the market and understand whether coins outside the top 100 are still in a growth phase, simply undervalued, or never going to get anywhere.

Remember, if there are 200 quality crypto in the entire market, there can still only be 100 in the top 100 (pretty obvious). And come currently in the top 100 may not be truly worthy of their place there in the future.

bobo012

sr. member

Activity: 714

Merit: 257

Quote from: NikoF on May 25, 2018, 07:16:45 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?

It is as risky as buying altcoins that are in the top 100 list on coinmarketcap. it can be risky but it can bring you good gains. I would say they are the same as every other alts

skylar

full member

Activity: 434

Merit: 104

Esport Ecosystem

yes it is to risky to make investment on it, but sometimes it can give us huge reward. the not top 100 cmc list, especially the brand new coin are still have plenty room to grow. but before make investment on it, make sure that we have to look up into how active they are in their communities, their developer, social media activities. sometimes I make investment on it, but for a brand new one and not for coin that more than 1 years of age.

Agozyen

sr. member

Activity: 672

Merit: 252

Until the end

Risk is commensurate with reward. The more risky something is the more potential for reward or loss is. Having said that, if you only put a small part of your portfolio in lowcap coins you can reap huge rewards.

I have had great luck with hunting these gems. It hasn't made me a lot of money but I can turn .01 BTC into .03 BTC in a few days with some of these coins. Yes those are small numbers but some of these coins have market capitalizations under 1,000,000 and trading too many at once could have a negative impact on that market.

And yes I have gone from .01 BTC to .005 or worse BTC too.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: NikoF on May 25, 2018, 07:16:45 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?

Nothing to do with top 100 or not but you need to look at the project features and which team or person behind the project. Because at the beginning most of the projects will not be in top position but it takes time to gain the attention from investors. So if you recognise the project potential much early then you can make a lot for the money. If you can't research for some reason then always good to go with top few coins, not top 100 coins.

ResuLT

member

Activity: 294

Merit: 10

Definitely, but, in the other way, you can earn more money than you usually make. Look at Cryptopia exchange, it has a lot of shitcoin but it can gain up to 5000% for a coin, but the risk is you have to be fast to sell in profit you wanted to make or you can expect for the price that cannot make you happy (you know what I mean)

jimimcome907620

sr. member

Activity: 397

Merit: 250

The Experience Layer of the Decentralized Internet

Quote from: NikoF on May 25, 2018, 07:16:45 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 think it is. They may be not so good as we can make in the other coins. We have a higer risk to lose our moeny with the not so reliable coins so you need to be careful.

Topic: Is it risky to buy not top 100 crypto currencies? - page 92. (Read 8858 times)