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Topic: Newbies are safer with top altcoins - page 2. (Read 5318 times)

member
Activity: 498
Merit: 56
Buzz App - Spin wheel, farm rewards
October 04, 2021, 05:36:42 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

Currently there is no difference between altcoins and coins that are in the top 10, the condition of the coin in the market has actually decreased in price for now, so all coins are worth buying in such conditions, but if you are just starting out or are still a beginner, then buy altcoins are a process of learning to know more about cryptocurrencies, so that when the risk is there, you will slowly get used to how to solve the problems caused by the risk.
I guess unlock all coins worth buying, have to go through research first. especially for beginners, of course it will be safer to invest in the top coins that have a large market capitalization, because the development of cryptocurrencies seems to rely on bitcoin

The initial formula must be based on research and knowledge, so investing has really mastered how to do it, at least it can minimize the risks that will occur, for beginners who make it difficult to invest because of the lack of knowledge about the investments they run, so many of them experience risks and fail in investing, so knowledge is important?
member
Activity: 966
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Ton Together | Save Smart & Win Big
October 04, 2021, 04:26:46 AM
IMHO, all these cryptocurrencies are volatile and risky. However, new projects are more speculative than the old top altcoins on coinmarketcap. Although we can't close our eyes that new projects can give us much more profits sometimes, it is also riskier. Not only newbies who got rekt, but the experienced one also can face the same experience. It's sometimes unpredictable cause the more people learn to avoid those scammers, the smarter the scammers get. But as you said, to minimize the chances to get rekt, to keep learning is important. Meanwhile, you can invest in more stable and known projects while doing the research.
full member
Activity: 910
Merit: 102
October 04, 2021, 04:14:31 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

No doubt, newbies will be safer in top altcoins. But l think how they decided who is the  beneficial altcoins to get good earnings. So l think ,they should be aware from scam project & get much more knowledge before take decisions.
full member
Activity: 1036
Merit: 100
October 04, 2021, 03:01:20 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
does Cardano ( ADA ) the top altcoin you mean ?
I think your opinion is very right to avoid the many scams today, at least for beginners who choose Altcoins with good potential then do not experience losses in their investment.
copper member
Activity: 226
Merit: 1
RangersProtocol.com
October 04, 2021, 01:56:19 AM
Always look for the top coins in the market while learning about another project, after you have learned about investing and how to look at a good project, and top coins are always attention of many investors so we will get long term profits and it will be safer to invest in those coins, which is very important for those of you just starting out in these volatile markets.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 04, 2021, 01:03:23 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

Currently there is no difference between altcoins and coins that are in the top 10, the condition of the coin in the market has actually decreased in price for now, so all coins are worth buying in such conditions, but if you are just starting out or are still a beginner, then buy altcoins are a process of learning to know more about cryptocurrencies, so that when the risk is there, you will slowly get used to how to solve the problems caused by the risk.
I guess unlock all coins worth buying, have to go through research first. especially for beginners, of course it will be safer to invest in the top coins that have a large market capitalization, because the development of cryptocurrencies seems to rely on bitcoin
member
Activity: 175
Merit: 10
ITSMYNE
October 03, 2021, 01:56:16 PM
I have been in the crypto space for over 3 years and i can tell you that it is not easy investing in crypto. it is not easy making a decision to invest in crypto. i have seen projects that looks like a quality and a real gem disappear leaving investors in a sorry mode. i have seen project that are worthless turn out to million worth of investment. scams that develop into some and maintain the market. meanwhile trusted and qaulity project dissppear due to lack of funds.

as a newbie please stic to the top altcoins  on the market and you will gain huge.
member
Activity: 498
Merit: 56
Buzz App - Spin wheel, farm rewards
October 03, 2021, 01:21:08 PM
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

Currently there is no difference between altcoins and coins that are in the top 10, the condition of the coin in the market has actually decreased in price for now, so all coins are worth buying in such conditions, but if you are just starting out or are still a beginner, then buy altcoins are a process of learning to know more about cryptocurrencies, so that when the risk is there, you will slowly get used to how to solve the problems caused by the risk.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
October 03, 2021, 01:10:29 PM
I am not agree with you, newbie are safer with bitcoin. Altcoin is too volatile and newbies also dont know whats the real purpose for altcoin. If you are relatively new to this industry dont put your money in Alt because you will be burned fast. Respect your hard earned money and invest wisely.
Don't be one sided in this topic. Yeah no doubt that every newbie, not only them but even the old ones, are safe with bitcoin. However, it doesn't necessarily mean that you will surely fail once you put your money in the alts. I knew some friends which are newbies before that are more interested with alts instead of btc. They are risk takers indeed, they like the more volatile nature of such coins. Fortunately, I didn't hear that one of them git bankrupt so far. See? You can succeed! Maybe it's just a right combination of mentorship, good coin and right financial management.

The point of all of this is that these things where you do decision making stuff and then make all these research and research all boils down to the fact that it is still the newbies choice what coin he will be putting his money into. We do not know his intentions but we do know his investment might be safe if it is on the top alts where he will be putting his money into. There are many many investors who trusted Binance when they bought at a very low price. They were able to make their money grow because of that.
Actually, even if we spent a lot of time researching and selecting a coin to invest in, it takes a long time to grow and you start comparing and having doubts even if it's a top altcoin.

The problem with newbies is that they are overly focused on profit, which leads to many people making wrong decisions in the pursuit of profit.

So, not just training them to invest in proven and top cryptocurrencies, but also teaching them to relax and have patience in crypto, is essential.
member
Activity: 262
Merit: 12
October 03, 2021, 12:58:03 PM
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
It might not seem right to me to think that all the top coins are safe. There are a lot of coins here that I don't think are very safe. When it comes to investing, one should check whether the coin is serious or not. I think Bitcoin and ETH are good choices for beginners to start with. Because I don't think there is a need to go any further in the beginning.
member
Activity: 285
Merit: 10
September 25, 2021, 10:37:41 PM
if they feel they are beginners, I would suggest investing in bitcoin instead of touching altcoins whose prices are very volatile compared to bitcoin, no one can guarantee that the top altcoins can bring you profit and are safe, it's just a market game, which the most important thing is to learn to gain experience and do research on altcoins until you will find important information about the altcoin.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 25, 2021, 03:29:43 PM
I am not agree with you, newbie are safer with bitcoin. Altcoin is too volatile and newbies also dont know whats the real purpose for altcoin. If you are relatively new to this industry dont put your money in Alt because you will be burned fast. Respect your hard earned money and invest wisely.
Don't be one sided in this topic. Yeah no doubt that every newbie, not only them but even the old ones, are safe with bitcoin. However, it doesn't necessarily mean that you will surely fail once you put your money in the alts. I knew some friends which are newbies before that are more interested with alts instead of btc. They are risk takers indeed, they like the more volatile nature of such coins. Fortunately, I didn't hear that one of them git bankrupt so far. See? You can succeed! Maybe it's just a right combination of mentorship, good coin and right financial management.

The point of all of this is that these things where you do decision making stuff and then make all these research and research all boils down to the fact that it is still the newbies choice what coin he will be putting his money into. We do not know his intentions but we do know his investment might be safe if it is on the top alts where he will be putting his money into. There are many many investors who trusted Binance when they bought at a very low price. They were able to make their money grow because of that.
jr. member
Activity: 123
Merit: 3
SmartFi - EARN, LEND & TRADE
September 25, 2021, 03:07:06 PM
I think everyone should be really careful with investments especially in crypto because there are so many shitcoins and you can really go broke by investing in the wrong altcoin… and i dont think any altcoins is safe and better safe investing your funds in bitcoin and ethereum but you should always make good research
sr. member
Activity: 1960
Merit: 329
September 25, 2021, 02:43:59 PM
my friend paid from some bounty, it just new project. after it, he start convert the other money to that project. actually, my other friend and i, suggest him to invest in other popular one, but it just happen. holding for a month and he take just a little plus from what he did.
not all new project is scam, they can give you profit though just a little.

Am not sure anyone is saying that all new projects is a scam. What they mean is that most people get scammed from new projects more than old existing projects. This is true most times because some of the new projects do not have known team members and can not be traced when they scam and that is what most of them do. They abandon their projects and run away. The advice is for people to avoid new projects and save themselves from lost of cash.
jr. member
Activity: 91
Merit: 5
September 25, 2021, 12:38:51 PM
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
Yeah bro you are right, cause we all know that their are whales that always do pump and dump in crypto fields. Whenthey create hype than newbies came into their trap. But when they crash crypto than newbies are most that loose too much money. They should search and than invest in crypto fields.
sr. member
Activity: 1344
Merit: 253
September 23, 2021, 01:18:31 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 totally agree with you that it is better for newbies to make do with mainstream currencies, as they don’t have sufficient experience in investigating projects, but of course while investing in some fundamental currencies, don’t stop there and learn this market, as risky altcoins can yield you much higher profit than just holding of Bitcoin and Ehtereum.
indeed for the safest to invest or trade is the main cryptocurrency, especially for beginners who are still learning to analyze projects. it will be high risk when investing in new altcoins, according to the analysis, because the opposite can happen in reality. but for learning I also suggest using a little capital to invest in altcoins that are in accordance with our analysis but using a small amount of capital
full member
Activity: 680
Merit: 103
September 22, 2021, 09:50:33 PM
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 totally agree with you that it is better for newbies to make do with mainstream currencies, as they don’t have sufficient experience in investigating projects, but of course while investing in some fundamental currencies, don’t stop there and learn this market, as risky altcoins can yield you much higher profit than just holding of Bitcoin and Ehtereum.
full member
Activity: 532
Merit: 100
September 22, 2021, 08:21:42 PM
Yes, your assumption is correct because as a beginner you must be able to choose the best coins that have been registered and trusted on coinmarketcap. Hurrying and rushing in selling coins will also result in significant losses even though some of the profits have been obtained.
jr. member
Activity: 117
Merit: 5
September 22, 2021, 05:58:33 PM
Investing in the top altcoins should be a no brainer for the newbies getting into cryptocurrency investing because the top coins are top for a reason and most of them have a track record of success and most if them have good teams and a defined rodamap and also a proof of concept. Even seasoned investors also pay good attention to the top altcoins too and only a smaller portion of their portfolio is in the lesser known and more risky altcoins
member
Activity: 262
Merit: 12
August 17, 2021, 02:49:07 PM
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

yes, I totally agree with your opinion. because the top altcoins will be safer to use than new altcoins to invest in. but not only beginners should use the top altcoins but until now I still use the top altcoins to be traded on various market exchanges. I myself have known crypto trading since 2017 but until now I still use the top altcoins because I consider everything safe and there are no frauds from it.
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