Topic: Newbies are safer with top altcoins - page 7. (Read 5281 times)
It seems to me that all these recommendations about greater security and buying only top-end coins will be ignored by most newbies. Think back to yourself in 2017, did anyone think that the market could stop growing? Of course not) The same thing will happen now with all newbies. The loss of profit syndrome will haunt them.
Of course, newbies newbies are safer to invest on coinmarketcap top rank coin.There is less chance to loss asset. As a newbie, I also invest on ethereum because ethereum position is in the top rank of coinmarketcap.
Don't be fool by those top altcoins on coinmarketcap because they're all scam coins including the said ethereum. Most of them have been reported as scam while others have their level of scam within them, ethereum which you have feelings for last time gave huge transaction fees without the consideration to investors. The only best recommended digital currency i will be proud to introduce newborn into is Bitcoin and not not another.
the top asset of the market is the best and safest asset for everyone. not only for beginners but also for old people who already understand this market. but for new people, it needs to be understood, even though their top market assets still have risks. When you come and buy an asset when the market is pumping and then the market crashes it will trap you in the investment you are making. what new people need to understand is the crypto market momentum that changes all the time.
Theres no such thing as safe altcoins as they all go down, what you need to the is make a research on a project that can stand for long term and the price is still down., buy and hold it for years it will give you good profit.
Yep you can say all of them go down, but they certainly recover quickly and the fact that their top coins the guarantee of falling it down hard is very low, unlike in a newly out coins, that may increase/gain a little but might plung and never recover. So aafe to say top coins better that new coins spceially for newbies.
yes because the rate of growth of Top altcoin can be predicted to some extent, and it safe newbies from the stress of doing unnecessary research as regards to the new project, so with the top altcoin minimal research is required.
but that does not mean a prohibition against newbies to invest in start-ups. I agree with what the OP said, this is good for all of us (especially newbies) that now there are many new projects that are very free to scam. be careful in investing is a way for us to avoid bad possibilities. make sure you have accurate data analysis for the top 10 koi in CMC so that there is no event like Bitconnect
In choosing coins/altcoins that are listed on top in the market it's not an assurance to say it is a safe investment, I don't think so.
Because we all know cryptocurrency is mostly volatile never forget that in your mind dude. It still needs to do your own research before
you invest or buy em.
Because we all know cryptocurrency is mostly volatile never forget that in your mind dude. It still needs to do your own research before
you invest or buy em.
Theres no such thing as safe altcoins as they all go down, what you need to the is make a research on a project that can stand for long term and the price is still down., buy and hold it for years it will give you good profit.
Since there will always be volatility in cryptocurrency market so there's nothing of the sort exist safe speculation. It's always safe to invest a limited quantity however a greater sum would be a risk. Before getting into investment in altcoins make a research on a project, it's a decent practice for sure.
Theres no such thing as safe altcoins as they all go down, what you need to the is make a research on a project that can stand for long term and the price is still down., buy and hold it for years it will give you good profit.
yes because the rate of growth of Top altcoin can be predicted to some extent, and it safe newbies from the stress of doing unnecessary research as regards to the new project, so with the top altcoin minimal research is required.
Maybe yes that , beginners need more knowledge to invest to the different altcoins because we know the movemejt of the coins is unpredictable unless they invest to the coin who is in the rank who is not going to decreased fast just like what happened to the other coin who is in the lower rank because they don't have support or investors that rise their coin most of the times top coins rise and safe for everyone who wants high possibility to earn money.
Corona virus coins are built too which have no real use cases
Some people are influenced by the name of the coin. For example, when a pandemic is currently happening, a token or coin called Covir is born. If the Corona Virus is completely cured and lost on earth, the Covir Token will also disappear. The logic is simple.
Its hard to earn money from crypto.top altcoins are safe cause those are not going to dump a lot or get scam within overnight, when others new altcoins can.scammers know very well how to attrack newbie investor & scam their fund through fake token sale.so newbie can safe themselves from loss, by investment their fund on top altcoins but nees to know, which one is perfect for investment
Alt-coin investment is for everyone, newbie or not, doesn't count, and what count is your hard earn money that is used to invest in a particular Project. Therefore you need to have crypto knowledge and also go for information know how the system works.
Indeed, altcoins for everyone. The important thing prior investing is you already know the risks in crypto. Do your own research first this way it can lessen your risks in crypto. There are many top coins lurking these days so you have to study the project in every detail. New token is not always a profitable one so think more before investing into it. Always check the top coins in the market as the price is always volatile. 
Of course, newbies newbies are safer to invest on coinmarketcap top rank coin.There is less chance to loss asset. As a newbie, I also invest on ethereum because ethereum position is in the top rank of coinmarketcap.
Ethereum is ranked second on the coinmarketcap site, not the top ranking, because the top rank is still controlled by Bitcoin to date, and for the opportunity to lose assets on Ethereum investment is also very open, because considering Ethereum has also experienced a very severe price fall to several investors experience losses, so if you only invest in Ethereum, then you must always monitor market conditions and movements in every situation, because Ethereum often experiences price increases when Bitcoin has started to rise in price, then don't misunderstand this, even if you are still a newbie.
Of course, newbies newbies are safer to invest on coinmarketcap top rank coin.There is less chance to loss asset. As a newbie, I also invest on ethereum because ethereum position is in the top rank of coinmarketcap.
Yes you are right. Most of the newcomers in this crypto space are in lose or into the scams. The one of the main reason for this is they don't want to gain the knowledge or don't want to watch the market first. They think they will invest first and it will give profit over night. But that's not how this market works.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.
Its just a wrong decision they can make as they dont have enough knowledge as newbie its normal thing everyone here is also experince the same thing before they learn. The better thing you can do as newbie if you dont want to lose money at first try is to ask other people opinions first before deciding to invest.
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
This is really acceptable and agreeable sentiments. That is really true that for a newbie to be successful in this industry they need to do a better digging and researching to avoid unnecessary fraudulent or scam. They also need to be wiser knowing that there are several opportunist which are very good in taking advantage of the newbies in the crypto-world. 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
Alt-coin investment is for everyone, newbie or not, doesn't count, and what count is your hard earn money that is used to invest in a particular Project. Therefore you need to have crypto knowledge and also go for information know how the system works.
Yes you are right. Most of the newcomers in this crypto space are in lose or into the scams. The one of the main reason for this is they don't want to gain the knowledge or don't want to watch the market first. They think they will invest first and it will give profit over night. But that's not how this market works.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.
I used to have the goal of only investing in the top coin but being led by greed. When the sharks group shared x5 x10 profits when investing in Defi coin, my greed arose and blindly invested. as a result I have divided 2 properties up to the present time because the defi trend is dead.
I have shared about my sad experience entering the crypto market. Best of all you should only invest in the top coin, do not be greedy in this market. The sharks are always waiting for you.
I have shared about my sad experience entering the crypto market. Best of all you should only invest in the top coin, do not be greedy in this market. The sharks are always waiting for you.
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