Newbies are safer with top altcoins - page 14.

TopTort777

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Obviously they are safer for top 20 altcoins.Because they aren't the shitcoins and they aren't pump and dump coins.

What do you think about BitcoinSV? Seems like a shitcoin to me. Specially with what its creator Craig Wright say.
How you advice work, when an altcoin gets pumped or its dev fail heavily? Alt will fly away from top20 next day or a new will appear there for few days.

Imho - with proper research, buy anything and be safe.

reliable

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Quote from: jrrsparkles on August 01, 2020, 10:31:18 AM

Ripple and tether is also in the top rank of total marketcap value which means they are safe coins to invest? Not really there are cheap coins have potential as well so for a newbies bitcoin could be the only choice and never invest on any other altcoins before knowing what it is all about.

To start with for the newbies better to invest in good coins or the known ones so that investment made gives them good returns and does not end up making loss in start itself. With the gains they can invest in little know ones which they think can grow and currently being underperformed. So can invest accordingly in such coins .

jrrsparkles

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Ripple and tether is also in the top rank of total marketcap value which means they are safe coins to invest? Not really there are cheap coins have potential as well so for a newbies bitcoin could be the only choice and never invest on any other altcoins before knowing what it is all about.

gaston castano

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Quote from: WalkerIVIV on August 01, 2020, 09:03:48 AM

Quote from: Maxstl007 on August 01, 2020, 05:07:51 AM

Yes well said, top altcoins are lot safer but rewards or profits are lesser than when taking risks with new altcoins, most profits comes from new altcoins and top altcoins give me less profits, I prefer buying new altcoins instead

How much profit that already offered by the major coins depend on how good we can take the best position to enter the market. The bull trend can also become the main reason for the newbies to get huge profit too.
It's not true that major gives guarantee for anyone who have invested on it.

some have different thoughts, I want to try investing in this coin because it has risen in a short amount of time it's a simple example they don't know what they are following just looking at the market alone, without knowing why the coin is going up, down.
for the first time a good investment is only bitcoin, because it will be safe in the long run.

dataispower

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Quote from: Ronaldcoin2017 on July 31, 2020, 04:04:36 PM

Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.

Newbies investing in the top altcoins doesn't give guarantee of good ROI in future, it's just for safety purpose right? If there is someone to guide a newbie, adding some low/mid cap coins with huge potentials won't be a bad idea. Say 50 % in BTC, 20% ETH, 20% top altcoins and 10% low/mid cap coins, just an instance.

WalkerIVIV

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Quote from: Maxstl007 on August 01, 2020, 05:07:51 AM

Yes well said, top altcoins are lot safer but rewards or profits are lesser than when taking risks with new altcoins, most profits comes from new altcoins and top altcoins give me less profits, I prefer buying new altcoins instead

How much profit that already offered by the major coins depend on how good we can take the best position to enter the market. The bull trend can also become the main reason for the newbies to get huge profit too.
It's not true that major gives guarantee for anyone who have invested on it.

Psynthax

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Quote from: ife2020 on August 01, 2020, 06:14:44 AM

Quote from: Ronaldcoin2017 on July 31, 2020, 04:04:36 PM

Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.

I think it doesn't matter whether newbies select top and popular tokens like bitcoin, etherum, tron etc for investment; neither does it mean nothing if newbies go for tokens such as doge, ethclassic amongst other low rated coins; if you are not well briefed about crypto currency; there will be losses. Instead, newbies should learn the art of trading; after which top altcoins or low altcoins won't scare them from investment.

that's true but only half, investing to top alts or not is definitely a big thing you should consider, it's like in stocks trading theres this top stocks mostly FANG and then the rest are quite volatile. their market cap really affect a lot.

Serco

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Quote from: Savemore on August 01, 2020, 05:13:53 AM

There is a misunderstanding when it comes to investing in altcoins, newbies are usually finding cheap altcoins that have low volume because they are expecting that it will become the next altcoin that will increase so much like the other altcoins but this kind of idea is wrong and it can be a liability for them because it can lead for them to incur losses. It is really better to invest in altcoins that belong with the top daily volume around different exchanges luke ETH, LTC, BNB AND XRP. Patronize altcoins that have high liquidity and market capitalization and forget shitcoins.

they do this because they hope altcoin that bought could be next gem in cryptocurrency market. only analizing based on low marketcap could not help us to find good coins, there are several reason why its happen to this coins. maybe this project was bad and no one interested. investing in major coins will help us gain profits with low risk.

nomenclatur

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of course, top altcoins is recommended to trade for beginners because of the risk of loss is not too far off when the market deteriorated making it mandatory for beginners to buy coin top to avoid shitcoin that more and more outstanding and harm the beginners do not ever buy shitcoin because shitcoin are at risk for you to buy it even always detrimental for all investors.

ife2020

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Quote from: Ronaldcoin2017 on July 31, 2020, 04:04:36 PM

Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.

I think it doesn't matter whether newbies select top and popular tokens like bitcoin, etherum, tron etc for investment; neither does it mean nothing if newbies go for tokens such as doge, ethclassic amongst other low rated coins; if you are not well briefed about crypto currency; there will be losses. Instead, newbies should learn the art of trading; after which top altcoins or low altcoins won't scare them from investment.

Savemore

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There is a misunderstanding when it comes to investing in altcoins, newbies are usually finding cheap altcoins that have low volume because they are expecting that it will become the next altcoin that will increase so much like the other altcoins but this kind of idea is wrong and it can be a liability for them because it can lead for them to incur losses. It is really better to invest in altcoins that belong with the top daily volume around different exchanges luke ETH, LTC, BNB AND XRP. Patronize altcoins that have high liquidity and market capitalization and forget shitcoins.

Maxstl007

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Yes well said, top altcoins are lot safer but rewards or profits are lesser than when taking risks with new altcoins, most profits comes from new altcoins and top altcoins give me less profits, I prefer buying new altcoins instead

bbcolex

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I agree. Tho I admit there'd be lesser returns since some have reached its peak and would take some time to rise again, its still safer for a newbie. newbies shouldn't dive in some unknown coins expecting a huge return.

iged_war

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Quote from: Tahid12 on July 31, 2020, 02:54:41 PM

Quote from: Princeofpoetry on July 28, 2020, 08:44:59 AM

Quote from: Tahid12 on July 24, 2020, 01:11:37 PM

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss

Yes, if you buy a new crypto it will be high risk but it's different if you buy a reputable crypto in top 10, but not all new crypto ends up scam, there are some good and promising new coins like Hive

Of course available and i haven't said all new altcoin is scam. I said "most of" new altcoins is scam. Well its hard to find out new altcoins which is good and promising among all others altcoins available in market

we should not generalize all new altcoin was scam project, just look at market many new altcoin show good performance in market and give gains to their investors.if we deeply research on this altcoin i am sure we will find new gem that be great project in future. but if we dont research maybe buying major coin be good advice.

Ronaldcoin2017

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Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.

Tahid12

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Quote from: Princeofpoetry on July 28, 2020, 08:44:59 AM

Quote from: Tahid12 on July 24, 2020, 01:11:37 PM

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss

Yes, if you buy a new crypto it will be high risk but it's different if you buy a reputable crypto in top 10, but not all new crypto ends up scam, there are some good and promising new coins like Hive

Of course available and i haven't said all new altcoin is scam. I said "most of" new altcoins is scam. Well its hard to find out new altcoins which is good and promising among all others altcoins available in market

Divinespark

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As well as www.changenow.io is very easy to use for even newbies as it requires no special skill to use. It's a non-custodial exchange, No registration
Fast and easy swaps, 200+ coins supported, and 24/7 support service.

Is this a new exchange in this market? I tried searching for it at coinmarketcap but it seems they haven't listed it yet. It's too risky for us to invest and use the same new deals, it can crash and become scam anytime.

radjie

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Quote from: bayudndy on July 21, 2020, 03:39:03 AM

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All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though

I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.

If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest

Investing in the new Altcoin is indeed too risky but if the project it works on can be profitable for the people who invest in it. but for now I think it is quite difficult to find a potential project, because the scammers are more cunning than we thought so that the scammers can find ways to get a lot of victims because they give sweet promises that people can trust

bluebit25

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Quote from: bayudndy on July 21, 2020, 03:39:03 AM

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All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though

I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.

If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest

The top altcoins in this market can also make you lose if you have no investment experience. Remember in March 2020, prices collapsed a lot and the top altcoins in the market dropped 60% in just a few days.

TastyChillySauce00

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Quote from: bayudndy on July 21, 2020, 03:39:03 AM

Quote from: ?? on ??

All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though

I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.

If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest

The top altcoins will not give you a guarantee for your investment to be profitable. I should remind you when the newcomers were taking the incorrect position and then they can get a big loss in a short time caused by the dump too. It's better to bet into the potential coin.

Topic: Newbies are safer with top altcoins - page 14. (Read 5318 times)