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Topic: Newbies are safer with top altcoins - page 27. (Read 5318 times)

sr. member
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
May 20, 2020, 11:01:03 AM
The definition of the top altcoin is not absolute and will change over time, we must correct such perceptions and again remind that beginners must know how to research on invested coins.
Yes, that research before investing is really necessary for a beginner, especially for those who are still lacking in investment experience, because for the top Altcoin can also experience price declines when market conditions are not good.
member
Activity: 345
Merit: 13
Hard work is the most important key to success.
May 20, 2020, 10:52:39 AM
Most of the newcomers become interested in new projects after seeing the Alluring ads. It is not right, Everyone should make the right choice to make an investment in the right place. Projector White Paper, Address, CEO, Future Plan It's best to look at these and get feedback from seniors and then invest in new projects. Otherwise best to invest your investment in older high-liquid Alta coins.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
May 20, 2020, 09:51:58 AM
at least since 2018 many projects have failed because of the seriousness of the project management team. I agree with you, that taking top coins in the market is a great way, not only for beginners but for all.
Agree that the top coin gives us many advantages when it is all served by reputable and long-term development teams, new people will become safer, old investors will have more opportunities to take advantage of with the top coin but do not forget that investing requires an accurate foundation of experience and calculation, even for the top coins, investors can still lose a lot of money with a few mistakes. So newbie need to ignore subjectivity and focus when they have chosen to invest in the top coin, can not let rigid thoughts affect their money
member
Activity: 224
Merit: 10
May 20, 2020, 09:48:21 AM
If newbies want to invest in crypto then they should pick in the top coinmarkecap but for now the prices are high, I don't think if this is perfect time to buy. Well if the person want to hold for long term then should invest in the top coins.
If they are newbies then they must start learning how to trade or how the market flows. It is not like ok I am a newbie and I gonna invest with this top coins listed in CMC or any Crypto tracker out there. They must learn the basic before making any move to prevent form losing their investments
member
Activity: 254
Merit: 10
Streamies Rocks!!!!
May 20, 2020, 09:37:51 AM
This is the best advise for newbies. Sometimes even experienced individuals within the cryptocurrency space still fall victims to overly hyped projects that eventually turn out to be scams like Sparkster and uchain. Within this space, it's always best to stick with top alts, newbie or not.
full member
Activity: 1638
Merit: 122
May 20, 2020, 09:35:46 AM
The definition of the top altcoin is not absolute and will change over time, we must correct such perceptions and again remind that beginners must know how to research on invested coins.

of course yes . ranking can change too on altcoins except for btc because the gap of btc between alts are too far   .

 this is why beginners also need to check the rankings from time to time if they are investing based on ranks   . no doubt that ranked coins are a good investment because they wont be on top if they are no good anyway , am i right  ? this advice wasnt only for newbies but applicable also for veterans and pro investors too knowing that scams are on the loose these times   .
sr. member
Activity: 1456
Merit: 251
May 20, 2020, 09:29:31 AM
The definition of the top altcoin is not absolute and will change over time, we must correct such perceptions and again remind that beginners must know how to research on invested coins.
legendary
Activity: 2982
Merit: 1028
May 20, 2020, 09:28:52 AM
If newbies want to invest in crypto then they should pick in the top coinmarkecap but for now the prices are high, I don't think if this is perfect time to buy. Well if the person want to hold for long term then should invest in the top coins.
Can be decided once they're already done doing the proper research, crypto industry needs to be taken seriously, without studying the market even those top coins from CMC are also prone to lose value. Newcomers will lose money if they'll be investing into something that they really don't know. Proper study and good assessment skills bring opportunities to succeed from this industry.
full member
Activity: 1358
Merit: 100
May 20, 2020, 09:16:12 AM
If newbies want to invest in crypto then they should pick in the top coinmarkecap but for now the prices are high, I don't think if this is perfect time to buy. Well if the person want to hold for long term then should invest in the top coins.
sr. member
Activity: 644
Merit: 252
May 20, 2020, 09:00:37 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

While I am junior up to full member, almost all the profit I gained are from altcoins. It is either I am investing or joining signature campaigns. Sometime I help my friend in translation then he gave me some of his coins. I can proudly say that I did not make a mistake that I started with alts. Yes,I am still promoting signature campaign but in gambling with BTC payment. But it is only due to I urgently neede money. In alts I have to wait for months
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
May 20, 2020, 08:33:57 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
This is correct, newbie should stop thinking like this. You won't get anything if you keep looking for highest return as possible. There is no such thing in this world, you need patience and experience to actually make something "decent".

Newbies are safer with top altcoins until they start learning how to choose wisely, do better diggings on new project to avoid scams
Yes, if you don't know what to choose then just pick some of the top altcoins, you should be all set to trade.
legendary
Activity: 2450
Merit: 1047
May 20, 2020, 08:32:58 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

If you have been referred here by a friend and he did not recommend you to invest in the top coins in the market, and instead referred you to a new coins, you have something to suspect, it's not right to look for other new coins at this point in time, it's very risky to invest in a new coins now, all investors should now focus on the top coins in the market.
member
Activity: 252
Merit: 15
Sovryn - Brings DeFi to Bitcoin
May 20, 2020, 08:30:18 AM
Some newbies prefer new altcoins because they favoured most from these new altcoins, have you ever seen people making good money from pump and dump or shit coins? What ever works for you may not work for others, that's how this world works
sr. member
Activity: 1652
Merit: 262
May 20, 2020, 08:15:39 AM
at least since 2018 many projects have failed because of the seriousness of the project management team. I agree with you, that taking top coins in the market is a great way, not only for beginners but for all.
newbie
Activity: 38
Merit: 0
May 20, 2020, 08:09:53 AM
This is no different than saying that most people who are new to trading stocks should just invest in bluechip stocks like Apple, Facebook, Google, etc instead of getting into penny stocks. Basically the top alt coins or bitcoin are obviously more safer because they have been around longer so the chances that they pull a 99% loss is slimer, however they are still possible.

One thing to consider is this. One time a few years back when BTC was $1 or so, it was also considered a risky penny type stock investment, however if you invested then at $1 you could of made $20K per coin that you bought. Hence this is the reason why many newbies invest in risky small cap altcoins. They invest little like $100, so if it goes to 99% loss they don't lose much but if the alt-coin gets a good exchange listing like Binanace and ends up going up 100x then the pay-off will be big.
So the conclusion to this - depends on what you want from crypto investment.
If you want to understand the market, to be able to trade short, you are willing to learn a lot (or you just want to put in money in long term and not to lose a lot) - you should invest in top alts/btc
If  you want to play in crypto lottery - then invest in high risk altcoins and wait for the miracle
jr. member
Activity: 354
Merit: 1
May 20, 2020, 08:02:51 AM
Well! Newbies should stick with the old hands in the market, no matter the dip, something meaningful will still come up Lastly.
Bitcoin
Ethereum
Bitcoin cash
Ripple
Stellar
Tether
These can make profits for people and they will entirely not get involved with scam projects.
member
Activity: 322
Merit: 10
May 20, 2020, 07:52:54 AM
Have you ever but coins at ATH? This happened to me and I'm already regretting it, would have even be more better if it was Bitcoin that I buy at ATH, it's better to aim for top coins no matter how good looking a new project might look like
sr. member
Activity: 1890
Merit: 252
The OGz Club
May 20, 2020, 07:49:49 AM
Yes top coins are alot safer, I lose tons of money trying to invest in new start up projects but now I'm in big loss, I hope I recover soon or someday, do not be like me, top 10 or top 20 coins are safer or just buy Bitcoin and Ethereum instead
Hopefully your experience can be a good example for others, because when someone loses in crypto, it will be very difficult to get back up, and your advice is very good because it is better to choose 10 or 20 top coins rather than choosing many shitcoins that don't have value at all.
I also still hold my coins, I buy coins that are far from the top 300, it is a bit regretful,
but hopefully I can benefit from the coins that I hold Smiley
legendary
Activity: 2492
Merit: 1215
May 20, 2020, 04:11:36 AM
Yes top coins are alot safer, I lose tons of money trying to invest in new start up projects but now I'm in big loss, I hope I recover soon or someday, do not be like me, top 10 or top 20 coins are safer or just buy Bitcoin and Ethereum instead

There is another opinion about investing in top10-20 alts - if you invest in them, you can be 100% sure that you will earn or will earn quite a little.

I dont understand why bother investing in top20 alt, who can increase in price in 1-10% only, when their growth depends more from bitcoin growth, but not from their own development/news ?

In simple words:

Bitcoin can either grow or go down. Probability of pure success if 50%
Alt can grow or go down on their own, or go down with bitcoin, grow with bitcoin. Probability of pure success 25% or the growth is highly dependable from bitcoin.
full member
Activity: 1050
Merit: 100
May 20, 2020, 04:01:42 AM
Yes top coins are alot safer, I lose tons of money trying to invest in new start up projects but now I'm in big loss, I hope I recover soon or someday, do not be like me, top 10 or top 20 coins are safer or just buy Bitcoin and Ethereum instead
Hopefully your experience can be a good example for others, because when someone loses in crypto, it will be very difficult to get back up, and your advice is very good because it is better to choose 10 or 20 top coins rather than choosing many shitcoins that don't have value at all.
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