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Topic: Newbies are safer with top altcoins - page 15. (Read 5318 times)

sr. member
Activity: 1848
Merit: 341
Duelbits.com
July 28, 2020, 09:04:05 AM
Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
I think if we are talking about stability the top altcoins are not stable either. The problem that revolves around low rank altcoins are their market volume or liquidity that's kind of low. it got delisted by the exchanges and we're done for, the coin will have no value as there's no demand and no exchange to trade either.
We have to choose high liquidity on altcoin and I think this is already available in many large exchanges, don't be influenced by the hype because it will lead to a big dump so I think beginners better just top coins it will make it easier for them to do research.
member
Activity: 686
Merit: 28
PUGG.io
July 28, 2020, 08:44:59 AM
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
member
Activity: 433
Merit: 13
#SWGT PRE-SALE IS LIVE
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
hero member
Activity: 2366
Merit: 504
July 23, 2020, 03:35:56 AM
Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
I think if we are talking about stability the top altcoins are not stable either. The problem that revolves around low rank altcoins are their market volume or liquidity that's kind of low. it got delisted by the exchanges and we're done for, the coin will have no value as there's no demand and no exchange to trade either.
full member
Activity: 826
Merit: 100
July 23, 2020, 03:10:12 AM
Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
Yes, it is certainly not wrong for a newbie recommendation that is just starting to open an investment, but learning about crypto for them is far more important than trying to invest but they don't have enough knowledge for it.
sr. member
Activity: 1162
Merit: 253
July 23, 2020, 03:09:56 AM
Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
sometimes a lot of people are like that, they don't really understand cryptocurrency and don't really know where to enter because there are many new traders who still don't know the right position and sometimes they can't control their patience so they easily panic and others that make investment into it's useless because it's only getting losses.
member
Activity: 210
Merit: 12
July 23, 2020, 02:54:16 AM
Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 23, 2020, 12:26:38 AM
No one will argue with the fact that it is better to choose not new projects for investment, namely, time-tested cryptocurrencies, including among the highest rated altcoins. but nevertheless, you always need to be wary of long-term investments in certain cryptocurrencies, since such as altcoin, Ripple and Bitcoin cash can only have temporary value, which is supported by trading.
Yes, all Altcoin and Bitcoin do have temporary values supported by existing trading in the market, this is something we must not deny, although everyone must always be vigilant about their investments, both in the short and long term, because when Altcoin enthusiasts and Bitcoin starts to decline, then their value will also indirectly decline in the market.
full member
Activity: 1400
Merit: 103
July 21, 2020, 12:54:44 PM
I think that the best advice for newbie is to "think own head". Because following the advice of more experienced forum users, it falls into hothouse conditions. newbie should be able to absorb information about coins from everywhere and then systematize it and conduct its own analytical calculations.And then make own choice based on own calculations.
full member
Activity: 714
Merit: 104
July 21, 2020, 11:36:23 AM
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
No one will argue with the fact that it is better to choose not new projects for investment, namely, time-tested cryptocurrencies, including among the highest rated altcoins. but nevertheless, you always need to be wary of long-term investments in certain cryptocurrencies, since such as altcoin, Ripple and Bitcoin cash can only have temporary value, which is supported by trading.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 21, 2020, 11:28:19 AM
I think newcomers who buy new altcoin wants to speculating, which is very risky indeed.
Like you said before, most of new altcoins are created to steal others money, unless we really know about the project of the coin.
Top altcoins like ETH, BNB, or others top 10 are safer, you won't lose your money too much if the price going down, but its need time to gain profit because the value is already high.
I think that the trend has changed and now the biggest part of the new projects are really trying to create something interesting for the cryptocurrency market.
full member
Activity: 812
Merit: 100
July 21, 2020, 10:46:07 AM
I think newcomers who buy new altcoin wants to speculating, which is very risky indeed.
Like you said before, most of new altcoins are created to steal others money, unless we really know about the project of the coin.
Top altcoins like ETH, BNB, or others top 10 are safer, you won't lose your money too much if the price going down, but its need time to gain profit because the value is already high.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
July 21, 2020, 03:39:03 AM
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.
full member
Activity: 487
Merit: 100
July 21, 2020, 03:07:38 AM
Seek for more crypto knowledge before investing in new projects, it's not always that easy to choose, as a newbie it's better to stick with old top altcoins on coinmarketcap, why? Because many newbie are in rush to make fast returns, if you are this type pls go for better top coins, 90% of new coins aren't serious at all, they are here to steal money from investors and give fake promises in return

Newbies are safer with top altcoins until they start learning how to choose wisely, do better diggings on new project to avoid scams

Cov-19 have been used to scam many newbies and even Corona virus coins are built too which have no real use cases

Play safe and be willing to learn

I also agree with you. When there haven't have many knowledge of choosing coin to invest yet, choose top Alltcoin and its rank is remained for a long time is a wise choice
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
July 21, 2020, 02:38:56 AM
Even if anyone says that it is safer for a newbie to invest in top altcoins, there is no guarantee. Why jump on altcoin without even going through Bitcoin first? It is not possible to go straight to any altcoin project that has not even studied or understood Blockchain technology or Bitcoin itself. Furthermore, it does not mean that it is included in the top ranking will be considered a safe investment immediately. No altcoin investment is safer than Bitcoin. There are many things to consider and it all depends on the use-cases, developments, demand and there is already proven to be really useful in the crypto industry. Not just because of the price or which exchangers it is listed.
This is right! In comparison with other altcoins, top altcoins will be safer for newbies. However, in comparison with big coins such as BTC or ETH, even top altcoins have greater risks than those big coins. I always recommend new traders start trading with top coins such as BTC and ETH because those coins have high volume and liquidity. Furthermore, it contains fewer risks than others. Though, if a trader is confident about his or her skills and want to earn more profits, then go ahead and trade with top altcoins for sure!
sr. member
Activity: 490
Merit: 250
July 21, 2020, 02:18:21 AM
 I think Bitcoin and Eth are good options for newbies to get start. They are stable more than other coins & they are not scams.
hero member
Activity: 2464
Merit: 594
July 20, 2020, 06:37:03 AM
Even if anyone says that it is safer for a newbie to invest in top altcoins, there is no guarantee. Why jump on altcoin without even going through Bitcoin first? It is not possible to go straight to any altcoin project that has not even studied or understood Blockchain technology or Bitcoin itself. Furthermore, it does not mean that it is included in the top ranking will be considered a safe investment immediately. No altcoin investment is safer than Bitcoin. There are many things to consider and it all depends on the use-cases, developments, demand and there is already proven to be really useful in the crypto industry. Not just because of the price or which exchangers it is listed.
newbie
Activity: 35
Merit: 0
July 20, 2020, 06:13:24 AM
 ;)fair to say that newbies are safer with BTC
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
July 20, 2020, 06:12:29 AM
Newbies really need to know about investments and altcoin held, especially those who don't understand the analysis and look at the charts on the exchange, so it's better to top the top 10 coins from CMC, it will be better if you look at developments in the market.
I do agree, they really need a lot of time to learn and know what investment they should make. In top altcoins, it will be better because those are the altcoins that are not easy to collapse. They are good for short term and long term investment.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
July 20, 2020, 05:51:37 AM
Newbies really need to know about investments and altcoin held, especially those who don't understand the analysis and look at the charts on the exchange, so it's better to top the top 10 coins from CMC, it will be better if you look at developments in the market.
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