Topic: Newbies are safer with top altcoins - page 5. (Read 5318 times)
Top altos are always safer for the Newbies or new investors because it's not too easy for the new investors to predict or choose the right ICO in this scamming market with a little knowledge. So, I think this is the right choice to play with top altos without any risk for the newbies and also this strategy reduce the loss ratio as well for them.
For their initial investment it makes sense to choose the top coins first at least to minimize the risk of loss. and after understanding everything, maybe there is nothing wrong if they try to invest in other altcoins, to be able to make big profits but it is not recommended if one is not ready to take big risks. in essence beginners are safer with top coins.
as beginners, of course they do not have enough experience and knowledge of altcoin or crypto which is now increasingly circulating in the market and maybe we have experienced this before, at the beginning we got to know crypto, I think they are taking good steps to be able to secure their money by buying altcoins that do have the top ranking and also a large enough community but of course if beginners continue to be at a safe point and don't dare to take risks with other altcoins, of course they will only walk in place without any further development in the future.
For their initial investment it makes sense to choose the top coins first at least to minimize the risk of loss. and after understanding everything, maybe there is nothing wrong if they try to invest in other altcoins, to be able to make big profits but it is not recommended if one is not ready to take big risks. in essence beginners are safer with top coins.
t's actual that beginners are effectively tricked by new projects, presently most new projects just give fake guarantees. Which after numerous novice
investment that tokens out of nowhere dropped, keeping away from new projects was the best choice. Pick the top altcoins which are more secure, albeit soon the top altcoins will encounter a price decay and in the event that you will attempt to invest in any type of the ico project crusade, I question its a good spot to invest in, because of the greater part of them are not good and some are scams eventually.
investment that tokens out of nowhere dropped, keeping away from new projects was the best choice. Pick the top altcoins which are more secure, albeit soon the top altcoins will encounter a price decay and in the event that you will attempt to invest in any type of the ico project crusade, I question its a good spot to invest in, because of the greater part of them are not good and some are scams eventually.
Every time a bull market comes, the market value of the top ten will change. Some cryptocurrencies are replaced. Currently, only Bitcoin and Ethereum are stable. Recently, Ripple was in trouble and was sued by the US SEC, which caused great price fluctuations. Therefore, you need to be careful when investing in cryptocurrencies. Not necessarily very safe.
false statement, not safe, but rather a little inconvenient, you see, if you buy XRP,
we know Ripple is in the top altcoin list, shouldn't XRP be a safe investment ?,
Safe abd Top altcoin?look at it now lol,Ripple is dying because of the case filed by US SEC and this is a serious matter.we know Ripple is in the top altcoin list, shouldn't XRP be a safe investment ?,
Quote
it should be, according to the statement,
but XRP is experiencing a 50% dump and making investors afraid, especially when bad news of XRP has spread a lot,
This is the Bottom or maybe the start ,because after Hitting $75 cents now the fall is really hard.but XRP is experiencing a 50% dump and making investors afraid, especially when bad news of XRP has spread a lot,
Quote
Bitstamp and Coinbase are reportedly going to stop deposits and withdrawals for XRP. do the analysis first before investing in top altcoins or other altcoins
What about the Sparks airdrop ?wont this Help the increase of XRP in market? 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
You won't get rich investing in altcoins that are already in the top 10. It's easier to become a millionaire by investing in microcaps like 0xMR and UNCX. 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
false statement, not safe, but rather a little inconvenient, you see, if you buy XRP,
we know Ripple is in the top altcoin list, shouldn't XRP be a safe investment ?, it should be, according to the statement,
but XRP is experiencing a 50% dump and making investors afraid, especially when bad news of XRP has spread a lot,
Bitstamp and Coinbase are reportedly going to stop deposits and withdrawals for XRP. do the analysis first before investing in top altcoins or other altcoins
we know Ripple is in the top altcoin list, shouldn't XRP be a safe investment ?, it should be, according to the statement,
but XRP is experiencing a 50% dump and making investors afraid, especially when bad news of XRP has spread a lot,
Bitstamp and Coinbase are reportedly going to stop deposits and withdrawals for XRP. do the analysis first before investing in top altcoins or other altcoins
yes I agree with you that beginners will be safer with altcoins, because it reduces the risk of losing a lot of money, but in fact I see many beginners who don't want to learn, they come here just because they are invited by friends or just see price increases
I hope beginners will soon realize that there are many scammers waiting for us all out there
Merry Christmas
I hope beginners will soon realize that there are many scammers waiting for us all out there
Merry Christmas
Ripple is a great example of how unsafe it could be buying top altcoins without any research. One of the top altcoins, old and reputed, with great idea behind it. Buy it without any doubts. Until SEC comes on the field. It took only 3 days for Ripple to lose 50% of its original price. Will it recover? No one knows, as if you look on the graph, Ripples price rarely grows by itself. Take a look on Litecoin, it has good chances to drop Ripple for 1 position lower. And the situation with SEC is not clear.
Yes that's right. In this market a lots of new comers come every moment. And most of them try to invest as soon as possible. They don't want to learn and they think this market is full of profit. So they invest in wrong place and they end up in loses or in scams. Thats why if any new comers want to invest first they should stick with large cap coins. This type of coins are less risky. Though I would suggest that you should learn about the market first then go for any kind of investment.
For me it isn't right to think that all best coins are secure. There are parcels of coins here that I do not think they are exceptionally secured. When it comes to contributing, one must check whether the coin is genuine or not. I think Bitcoin and Eth are great options for newbie’s to urge start. Because I do not think there's any have to be go encourage within the starting
Indeed, I think amateurs are far superior and more secure with top coins starting with Bitcoin on the grounds that it will cause them to have a more extensive brain towards knowing the great coins from the awful. Beginning with top coins, they won't succumb to tricksters, pursue publicity ventures nor put resources into a siphon and dump coins but instead, they will have the option to assemble and build up their comprehension about various coins. Henceforth when they have taken in all these essential things, they will have the option to direct research on new ventures in this way putting money on past information gained from top coins, they will have the option to pick admirably just as settling on the right speculation choices.
Of course it is safer to always stick to the information that is widely available and just learn slowly to be able to start from scratch so that you can understand all fields related to crypto in which there are tokens to be traded.
Every available information must always be analyzed properly and don't always believe because there could be games that can happen and we don't close it wherever everything can happen.
By analyzing and studying more carefully, we will better understand what we are going to do and don't hesitate to ask questions, especially in forums in our own country first.
What is clear is that it is safer to trade altcoins at the top rankings available on CMC and CoinGecko or you can also see on Binance exchanger which is also good to be used as a benchmark because it is known for its accuracy as well and there are lots of good tokens there.
Indeed, I think amateurs are far superior and more secure with top coins starting with Bitcoin on the grounds that it will cause them to have a more extensive brain towards knowing the great coins from the awful. Beginning with top coins, they won't succumb to tricksters, pursue publicity ventures nor put resources into a siphon and dump coins but instead, they will have the option to assemble and build up their comprehension about various coins. Henceforth when they have taken in all these essential things, they will have the option to direct research on new ventures in this way putting money on past information gained from top coins, they will have the option to pick admirably just as settling on the right speculation choices.
Newbies are very adventurous and think of making money quickly; 5x, 10x are easy to attract them. Advice like everyone, choose top coins, top 20 as possible, it's a safe choice.
Beginners really should not invest in little-known altcoins. Even if the currency shows optimistic growth, it may not survive another fall. Very often, novice crypto investors lose their temper, and they sell the asset very cheaply. It is better not to follow the quotes all day.
I concur with the way that it's more secure to stay with the top coin in the space. Most new undertakings need strong establishments and could be deserted absent a lot of thought. Putting resources into the top Cryptos like bitcoin and ethereum gives one a more serious level of security and ensures that the task won't be surrendered in a rush.
If newbies are safer in the top altcoins, you probably mean safe from altcoin scams. Not investing in an ICO is safe when it comes to getting a priced altcoin. But to invest in top altcoins is no guarantee when it comes to maintaining value. Beginners should know when invested altcoins should be bought and when to sell. You can lose a lot of money if you don't know when to buy
Well, actually choosing an altcoin that is popular, or has been around for a long time, can be safer than dabbling. As far as I know, newbies without knowledge, often experiment with investing in several places that offer huge returns. however, it often backfires for them because experimenting without doing research is tantamount to spending the money you have. If someone has not so much knowledge of cryptocurrency, I would also suggest using only popular coins. I agree that beginners are safer with top altcoins, because they are safe and reliable, large volume, large community, good for the long term, and never buy new coins from uniswap, most of them are big risks, prone to loss
there is no such thing as safe when your investing in a volatile market such as bitcoin and altcoin there is always risk on it however you can minimize it by investing into stable coins and that is only my take, there are a lot of advices for newbie traders out there but in the end the last decision is always at the tip of your finger. 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.
Even bitcoin the chance of being burned are high.
There's no safe palce if you don't push yourself in learning things about this industry, whether bitcoin or alts the same level of risk are there for newbies. The principle of studying and do your research before placing your hard earned money is very important. You'll be compensated after you manage to understand the market.
Jump to: