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Anyone who ever got rich in crypto bought cheap projects early before they were multiple billions worth.
 
Next project to kill Chainlink and IC for ecample is ModeFi. And you can make x1000.
 
Why would anyone who loves crypto and who wants to see a better world trust projects that made their owners rich and lazy? If you want to be in a good, hungry project that can still change the world be in Bitcoin (since its not owned by single people like the rest of the top100 crypto), or buy crypto that is still only $5m or even less market cap like Modefi.
 
I got x100 on Chainlink which I bought in 2018. Because I learnt from early ETH buyers who got eth for $0.25 and got rich like mmcrypto and themoon (they mainly got rich with affiliate commissions tho), however anyone who bought ETH at $0.25 trusted an unknown, small, tiny project that was not established yet (like Modefi and others now) and got rewarded. But why did people go in ETH early? Simply because they learnt it from the early Bitcoin investors who got Bitcoin or $0.20.
 
Now you need other early projects that are still small to become financially independant and free and to revolutionize the world. Not the big ones. The big ones keep everyone poor. They crash by 95% in bear markets for a reason. Do you not want x500 or x1000? How can eth possibly ever go x1000 again?
 
Learn from the early crypto people who trusted early projects and got rewarded. You just need to find the good projects (modefi over 1 million lines of code, self-funded), the good teams, the crazy and creative teams, the guys who will make the world a better place and help replace banks, mainstream media and centralized social networks.

ModeFi just pumped like those high marketcap coin in 2021. But the main disadvantage of the coin is low liquidity and only yet trading on six decentralized exchanges, with low liquidity. Only trading on one centralized exchange which is Kucoin. Having just $3 million in marketcap.

Low marketcap projects can fail, you may think it would pump, but become a shit coin.

I will prefer high marketcap coins like bitcoin and other with above $300 million worth in marketcap, they are better than low marketcap coins which have the problem of trading volume and most prone to become a shit coin.

Based on your title, it seems you think that buying the top 50 isnt worth it now. Well thats where you are wrong. You dont know what fundamental could affect the market and boost those top 50 projects. Yes you are right that early project has more potential to gain more than 100x but its still a risky one. Ive also invested on some of the early projects and some of them didnt go well in the past. Its not that Ive picked a wrong one but the projects are indeed good but not compared to others that get more than 100x. Low cap coins are good investment but if they arent good in terms of many things then its not also a win win situation. A risk is always associated with a high multiplier gains.

Alright, since you're saying ModeFi is the next coin that will multiply for x1000, you must bought that's coin with all of your money, post your address here and sign a message from that address, can you?

If you can't, stop talking shit since you're not 100% confident with your own prediction. I don't believe any fake stories like you've make x100 return from Chainlink since there's no proof about it.  

I still believe Bitcoin will make a huge return in the future and it's the most safest coin among 21K coins out there.

I personally would prefer to invest in high market capitalisation projects that those with low capitalisation. This is because, I'm of the opinion that the project with low market cap are relatively riskier. No doubt one could make a lot of money if they turn out right, but we never can tell if the project would still be existent in the near future. To maximize returns, it could be better to have both the high and low capitalisation projects in your portfolio Inorder to benefit from the two worlds.

This most probably another make believe story of someone who got x100 return on a new project lol.
I think the purpose of this post is to hype up that ModeFi you kept uttering about. Those top 50 alts in the market, a lot of people were making money out out of it. I don't know how you came up with the theory that people who bought top 50 alts were poor. Why did they keep buying if it is not profiting them?

Furthermore, you're talking about investing into a new project as if 90% of them will give you that x500 or x1000 that you've boasting about.

I was one of the victims of such a mindset which is why I certainly disagree with you.
 1st - crypto is not a rich scheme - that is why you will never expect about becoming rich especially if you only invested a small amount.
 2nd - earning a profit relies on what coins we invest and unfortunately, these cheap coins are mostly shitcoins (unless there are hypes and market manipulations happening that make you earn more).
 3rd - potential coins are expensive but they are sustainable long-term which is ideal for those who want to hold long-term. And most likely are coins that will pump.

Well so in the end your thread title is just a bait to make people look into your ModeFi shilling thread. I don't have a problem with that because the crypto space has always been the wild west in regards of scamming, shilling and so on but i doubt that such threads will convince any reader to invest into that project. I don't know about ModeFi so maybe it even is a great Project, but there are so many new crypto projects out there, it is almost impossible to keep track of them all.
Also i disagree with your statement that you will stay poor if you invest into top 50 coins. I even think that a bear market like now is a good chance to get some of those big coins and when we are back in a bull market even those big projects could do another x10 from here on.
Of course there probably won't be a x100 or even a x1000 anymore but at least the risk is relatively low in comparison to an investment in new projects.

Title may not be accurate, but it bears part of the truth. All those who invested their money based on the fact that the project has a market value in the first 50 cryptocurrencies and without research lost their money.
They are all kinds of random investment based on emotion, but if we go back to the year 2015, you will not find someone who invests 10K USD in this field and so on.

The importance of investment lies in the accurate prediction of the increase in future demand and the stability of the quantities supplied.

Investing in high-cap cryptocurrencies is less risky than promising new coins and tokens. Yes, sometimes new little-known tokens can give very large profits, but this happens very rarely. Top coins with a high level of capitalization give a relatively lower profit, but it is more reliable. Therefore, each of us has a choice of which tactics to choose. To invest in a little-known new token, you need to know the market and the project of this token well. And then, there is no guarantee that even with all the positive characteristics, he will succeed. Failures can be in everything, since a lot depends on the project team and the general state of the market.

You just like judge them all of they were making the wrong decision but i just remind you that even if you were judge them like that and they will never think to invest in your shitty token. Modefi was a scam token. There's no reason to invest in the scam token like that.
A token with slow development with no volume. None interested to buy that until the volume will be going to the zero

I always suggest buying the top 10 coins if we consider the profit/risk ratio.  But we cannot deny the fact that new projects offer more possibility of higher returns but it is also paired with bigger risk.  I also don't agree with OP that the top 50 coins will not make investors rich because there are cryptocurrencies in the top 50 cryptocurrency that is less than a cent and is capable of giving 1000x return in the future.

I guess it's no secret that those who get rich used that formula, however, the issue here is how to get into those projects that will give you x1000? In the beginning we will not see that? And I would say that luck also enters into the equation here.

As we have been saying, it's like finding a needle in a haystack. But if you did, then it's going to  be a huge win for us if we will find this kind of projects.

Aggressive investors will always try to catch those new projects as early as possible because that is where money is, and if lucky enough that hype will boost that new project, big profit are more possible to achieve.

I just don’t like the statement of investing with top coins will not make you rich, there are conservative investors who just want to invest on good projects based on it’s history price and I don’t see any problem on that. We all have our own strategy, and I believe if you focus on that you can achieve your goal in time, just don’t rush yourself for this.

You've made other posts about this coin, it's a shill thread.  Honestly picking low cap coins is almost always a losing strategy.  Buying bitcoin year over year has been one of the best decisions anyone could have made.  Every new bull culycle it goes higher, whereas low cap coins get wiped off the map every bear cycle never to come back again.  So yeah buying coins in the top 50 isn't a bad strategy at all.

Maybe sometimes there's a success stories towards those low cap or even the below the top 50 but still it doesn't guarantee anything. Maybe you are lucky if you spot it on its earliest but you also need to consider the numerous scams there so its quite risky to think that you became rich from that since rampant scamming always happen on new shit tokens.

The entire 3 posts made by the OP should be enough to clarify that s/he is just shilling for whatever project they are up to and no I am not entirely convinced.  Back then I traded LINK along with ADA and hearing that the coin is still like a mention these days just speaks for itself.

Coins are ranked for a reason so.....

Right, but I guess since we are in the altcoin board the OP would rather shill for his favorite altcoin right now. And it's obvious that by the tone of his post here, he is actually backing that ModeFi or something and yeah he could have invested tons of money on it.

Nevertheless, we knew what the OP is doing so I guess we will not bite on his shill here. On the contrary, it could backfire on the project itself without them knowing or unless the OP is part of the development team. Members here doesn't want to here shills, just saying.

I see you are very enthusiastic about this project, and I am sure if you most of the funds you have you have invested in this project. But what you need to remember, if eth does have a good product, based on its own technology and when eth was created, there are still not too many coins circulating as they are today.

Actually luck is different. If success does not work in your destiny then you will never achieve success Many times in my life I was on the way to success but could not succeed.I too missed so many. I have sold various coins at very low price but then the price increased overnight If I had left it, I would have become a high-position today.That's why I say fate does not favor everyone.

Op can be right but no one knows what coin we are going to hold that will bring to us big profit so far. If the project you think will make you millionaire ended up become a weak project that does not have enough liquidity to push the price up, what will you do? The market is very hard to predict that is why many of the coin we may think is going to so well in the market ended up becoming a less liquidity project.

When we talk about good project, I think the team is responsible for whether a coin will do well so far or will not do well. We need to understand that the crypto market is not easily predictable that is why we need to be very careful the way we analyse the market.

up until today, it is hard to know which new project is worth investing. who would have thought that ETH would perform great? or who would have thought that ETH dev team will emerge as one of the innovators in this industry?
so if you want to buy new ones today, you can still not be very sure of their future even if you do your own due diligence. if you buy one, you should always keep up with their progress. discard and don't look back if you feel the project is going down.

When you expect big return you're supposed to take big fan risk. On this, you need to research low priced low cap coins. If lucky it might pump as expected within a week. During the same time period it can reach the bottom. The top 50 will having good liquidity and there'll be assured growth, and this won't be something as 1000x and so on. Such level of growth will take place, but we can't expect such growth and invest

Wow, I don't think to generalize the statement, for many people also make it.
For me, I am enough with my previous achievement in the crypto market when the bullish era by earning from top coins (although this may not be very high, that's enough, although not all of my investment was worth it, it was actually enough for others).
Investing in the top coins will decrease the possibility of scam projects. Although this may not give that 1000x pump, it can last longer and the project will also commonly last longer because of its fundamentals and utility that will bring higher volume and also a market cap.

Related to Modefi, who will guarantee that this will rise up to 1000x? Will you?
It is also not guaranteed that this kind of coin will rise up that much, right? However, it is riskier to put money into the non-top project if we are only expecting the pump price someday. Likely gambling

It seems you're too confident in the project that you're shilling, did you already buy this new project? If so, then there's no need to spread the word to other investors if you truly believe this can give you huge profit. Because investors here have their own decision and strategy to maximize our chance to gain.

Established coins are the best choice to invest in. It might not give a x100 return since the price already reached their ath but we're not certain about this. No one can tell because anything can happen in its fundamental that can affect the project and the price to pump hard. Thus dont say people who chose to invest in the top 50 will stay poor.

The OP talks as if there is no risk at all when people invest in new projects that have not garnered a reputation already and we know this is not the case, in fact if we were to follow the results of those which invested in the top coins in the market and the results of those which took the risk with those new coins we will see that the ones that became poor are the ones that invested in those new coins, while those that invested in the top coins got good results instead.

I disagree. If you have patience and dedication, your wait is worth it. Some the people who bought cheap altcoins or got low market cap are very risky, it's like gambling especially if you don't research them at the project.
There are a lot of people including me that regret that I sold my top coins like Bitcoin and Ethereum to buy some random cheap altcoins and I lost too much.
It doesn't mean its cheap, it's good to buy.

If we talk about getting rich in the market, we have many ways, not necessarily investing in new projects, low-cap projects. People who invest in new projects because they like to get rich overnight, not knowing that risk is waiting for them, not profit. Bitcoin, Ethereum, and top coins can also make you rich if you have an effective investment strategy this can take time to achieve but still achievable and safer with new projects.

It sounds like you just want to shill this project and have no better purpose, if this project is too good for you, I suggest you sell your house, and sell all the property you have invested in it. Just one investment you will become a millionaire, no need to share that opportunity to get rich with us, we have our own investment strategy and way.

I think, there are many projects in the community you can invest in this bearish season and have something good to achieve in the future but you need to apply your own personal research to know if the project will be successful or not be investing on that particular projects. Ethereum still remain second position among cryptocurrencies, despite the high gas fee some investors still prefer Ethereum investment than any other coins, because their teams are very strong and Active. I believe, anyone that will make use of this opportunity to buy potential coins in this bearish season will definitely achieve a huge amount of income in the future when bullish season appear in the market.

in the last year i once thought and ran all my thoughts for the initial investment the project appeared and in fact it was not profitable 100x or 1000x as i expected. It's true that crypto isn't a place to always make big profits but choosing a new project with a low market cap and low demand is not very profitable. and that's when i think is the most appropriate choice to invest in bitcoin. i don't care what the price is but BTC will always give a good price surprise in the future.

and for the title you say buying top 50 coins will still be poor, yes it is for now because the market is bearish and will be profitable in the year to come when bulls come and believe in bitcoin as a long term investment it will be better.

Is this the same project you are talking about? You think the big projects make people poor because they drop about 95% during the bear market hence the need for investors to look at new and low-cap crypto projects.
https://i.imgur.com/f9ds1Eg.jpg
What is going on with this your wonderful project? am I seeing a -96.2% drop from its ATH of $6.09 of 2021?
Even though some new projects have these quick pumps after launch, the question is, will they be able to hold and continue that trend after subsequent bear markets?

 

The situation a few years ago and now is vastly different. The market situation a few years ago didn't have too many coins or tokens so if a new coin was launched, it was still very cheap and they could buy it and keep it for a long time. But not many of them do because they don't even know if the coin or token will increase in the future.

Meanwhile, the current market situation has changed and with more coins and tokens being launched, it is difficult for us to know which coins or tokens can go up high in the short, medium or long term. And if we just buy randomly, it doesn't guarantee that we will make a profit in the future. So now it's more difficult to analyze which new coins or tokens could improve and many of us end up sticking with buying bitcoins. Even if they are that new coin or token, it is only a small part of their money.

I think that the main purpose from this thread was not to blame people but rather than become an advertising method for his token. He was specifically mentioning his token in his thread. that means the purpose from this thread as an advertisement for his token.
Let's take a look at how this guy was always mentioning modefi on his thread. it seems true if he was the one of modefi shiller.

Stop shilling for a shit project with a shit logic. :P

People got reach because they bought the right coins not the coins based on its price, its true that bitcoin made people rich but not only the people who bought it at 3 digit figure even at 5 digit people got the chances to make 20x times in less than a year.

You are right by insisting on making a good research but I am not in line with you on the issue that everyone who buys Coins from the Top 50 will stay poor. For example, as at January, 2020, Ethereum is among the top 50 coins at CMC and the value was around $130, but by the time the team built more innovations like smart contract and DeFi into the Ethereum ecosystem, the value of Ethereum rose dramatically to all time high to about $4,600 as at November, 2021. If you can follow up team developments, you are better positioned to benefit from Top 50/top 100 listed coins since they have been in the market longer and have a higher degree of trust.(Though not in all case as we have witnessed in the Luna /UST issue). Cardano is another coin that have the potential to 'moon' as they are developing use cases in DeFi. Binance coin as at November, 2020 is about $30 before it broke out to all time high to about $640 as at May 2021, yet it was among the top 50 coins then. For a coin to rise to such rank means it has attained some level of adoption in the community and have potential to 'moon' in the future.

Though yeah this could be a "way" for them to promote their coin, but this is the weakest strategy to promote such coin. If you are going to talk about your project in the OP, at least make it direct to the title at least and not the clickbait way.
If I was a newbie to investing in crypto and I realized I was being brought to a "clickbait" thread then I would not definitely buy that coin. It just implies that their marketing strategy is really poor.
I already encountered plenty of clickbaits in Youtube so....

Most of the early adopters of cryptocurrencies sold their coins for very cheap. I was selling bitcoin for $400 or less and ethereum was selling for less than $20.
The post is interesting as a level 80 advertisement.
I invest in shitcoins, but more than 90% of my assets are in stablecoins and serious ecosystem projects.

investing in low market cap projects contain high risk if compare with top existing projects. We see several type of low cap projects, 1st project that still build their MVP so need alot attention for its progress and less investors join it. 2nd truely coin that didnt developt anything but have high hype due influencers shilling. Better on 1st project that have possibily to be top CMC project rather than 2 nd that gonna be shit.low cap project truely speculation, id we success we Will get alot profits but if we failed we loss our money. For certainity i am agree eth or other top CMC Will be our choice

honestly even if investing in these coins will give smaller returns in general since their valuation is already relatively high, still better than investing in shitcoin, like investment fund usually prefer investing in these big market capitalization coin more than in shit coins, since shit coins in general increase the risk that causes risk management to be hard to be managed. ideally you should invests using smaller capital in shit coins rather than investing all into it and have high risk investments that could make you lose your money.

Most of shitcoins and scam coins do this.  They exaggerate their promised potential to make their project very good.  This reminds me during the 2017 Bitcoin surge, there are lots of scam coins and shitcoins created with the tag line...  "the new Bitcoin" and many were enticed on investing on those coins but in the end, investors were cheated of their money.


Scammers and shillers evolve too.  Sometimes, even old timers are getting baited lol.  They create an eye candy website, hire shillers and influencers, even celebrities to convince investors that they are legit and promising projects and hype and pump the coins making the investos believe that it is indemand.  Those early birds may profit thousand times of their investment but those who are late in the game often ends up with worthless coins and tokens.

Being a pioneer in any legit and promising project will surely have thousands times profit but the problem is finding and detecting one.  It is not for the beginners but to those who have the money to risk and do not mind the losses at all.

I cannot deny that many people become rich very much because of their luck or profits in the new hype projects that commonly will pump very high once after listing. They can gain big profits by investing during the pre-sale and then selling at a high price.
But, do you know how many people lost their money because of investing in new projects in hype? There are also many people who become poor because of it.
So, whatever you do, as long as you know it, just do it sure within the exact analysis and knowledged that you have. But if you don't know it and are also not sure about it, just leave it, better to stay in the top coins that have more fundamentals with a high market cap, this will be fewer risks than the new projects.
It can be said as a high risk, high turn probability. and vice versa.

That's the same as taking advantage of people under the pretext of kindness. Especially if you have seen the telegram group the trading signal will be very annoying, for example when the owner has bought coin A and after that the owner makes a post that there will be a pump signal for Coin A, after that the group members also buy the coin, causing an increase which is quite significant and after that the owner sells the coin to take profit, isn't that a scam? I can't understand why there are still people who believe in such groups.

There are almost same altcoins, but each time in different order in top50. How can owning such altcoins turn a person into bankrupt? I know that in just one day the value of an altcoin can go down, but top50 alts always have some value, and time time to at least save half of your investment when you sell in a rush. Besides, no one forbit to diversify risk and not put all eggs in same basket. A person that claims "having top50 alts = stay poor" is a dilettante in crypto.

An example - SEC is trying to kill Ripple for ages. Ripple has been jumping in top10 all the time, but its value never drops to zero. Buying Ripple will make me poor? Sheesh, good luck :D

If you so confidently assert that in the future this can give investors fabulous profits, then please tell me where the information came from. Or at least give a hint what is the value of this token and what such utility for the cryptoindustry can be in the future from the use of this token.

This is the problem of investing, and it is not at all easy to find such a promising project that will bring a profit of thousands of percent. In addition, not every investor will continue to hold coins that have already increased in price several times, because very often after such an increase, the price of the coin is adjusted.

op give unlogical statement in my opinion , shitcoins that make us poor where ITS price dump harder than top 50 CMC and even could recover again. Alot shitcoins become scam projects and their developer use this moment to exit liquidity. Top 50 CMC atleast give US insight they could survive for long time although market crash. Give small allocation for shitcoins and be ready if it turn to scam.

Not only that while I do not recommend the use of leverage to inexpert traders you can use it and obtain big profits by trading the top coins in the market, besides if we take the time to look at the statements of the OP and see if they are true, we are going to find that most likely those that decide to take the risk with new coins are the ones that lose the most money as they are not really aware of the risks they are taking and how irresponsible their actions really are.

In crypto, not everyone will get rich, some will continue striving to make a living, others will make it big depending on how they navigate the ecosystem. Small mc are very risky and can also be very rewarding. And somehow you made a valid point, most high mc project can only give you a decent profit to leave by but hardly will you get rich through them but they are safe to invest on. Low mc cap on the other hand are high risk, high reward (if you are lucky).

Everyone is entitled to their opinion but if I may ask, so far in the history of bull circle, has what you described ever happened? That only the top 50 will bull run?
If there is a way to filter all the alts that did x100 and above in the last bull circle, you will be surprise the number of top 50 alts that will be among the list will be less than expected.

I could recall most of the x100 and above projects were mostly NFTs, Metaverse, DeFi's which are new in the market. This is base on my observations but that does not dispute the fact that some top 50 won't give similar results.
When you look at performance from different launchpad and exchanges you will have a clue of what am pointing at, those sales where all newly launched projects and investors made x50 and above from most of them.

Profits are profits when they are realised. We all know the feeling when we invest in altcoin or use our BTC/ETH to do it. When this coin makes a run of x10/100/1000, it is not easy to hodln in between, or to sell at all to own another coin, or to have FIAT, because you need it for something conservative. A coin from the top50 is not wrong if you want to build a portfolio and minimise the risk. Greed makes it hard and you can't punish yourself for it.

it's not true at all. He wants only tell others about his portfolios. nothing more. I have been seeing he was creating some threads related with modefi which makes me think if that token was a scam caused by used shiller to promote its token while blaming people who have invested in another token too. that's why im not even thinking what he was promoted was legit. it's actually bad token.

If they buy coins that don't have good development, then it will be useless even though we are still in a bear market circle, quite likely it won't make us profitable, even though it has top 50 coins, because we are in this year, everyone thinks hard  and set the brain in trading, it's really hard to guess the trade at the moment, so maybe that's probably why we don't get an outfit in trading this year...

No man, he wants us to buy his token. His statement was actually make sense cause by when someone bought at the bottom price for smal marketcap coins and this may give decent return compared with the big cap coins in the market. 25% is very small for 2 years. You can even make more when you are investing in the small cap coins at this moment. The result totally depend on the various factors

@OP Still looks unwise in the title. If you want to promote tokens, you shouldn't compare them especially with the top coins, their have quality at this crypto industry. I personally always think more investment in unpopular altcoins is very risky, although every investment in crypto is full of risks, but at least put a bite in the top 50 is the safest thing for now. Actually is good if searching asset on small cap altcoins to put in portofolio, but all of them require a good analysis in research.

I agree that buying already released and developed crypto projects will no longer bring huge profits on the short side, as it was when these coins first appeared. New coins have a much better chance of showing x100 than those that have been trading for a long time. But to find those very new projects, it is an extremely difficult task due to the fact that such projects appear every day in dozens of pieces and you need to have good analytical skills to find that very gem among a pile of mediocre new coins.

Top 50 coins are not a guarantee that you will be able to make a successful investment. Take a preview of the top 100 a few years ago and look at the top 100 now, you'll see how much the projects in the top 100 have changed. Good projects always start at the bottom and work their way up, what is in the top 200 today may move into the top 100 in a new bull market, or go even lower. You need to analyze projects and watch their work, if you want to invest in altcoins, then you need to select several projects to spread the risks, but the basis of your portfolio should be bitcoin.

He said he is not part of the project he is just an investor but I don't believe, his account has only 3 unique posts and 2 of them are marketing for modefi by comparing it with top projects. This is really unwise marketing, older projects are not as profitable as new projects, but they are safer than new projects, and in a bear market like today, people tend to put safety first.

I also like to invest in new projects, but I think now is not the right time to invest, investing in new projects is now more risky than profitable so I'm not in a hurry to invest. The hasty investment will lead to failure.

In such a bear market, when even the top coins have lost 90% of their value, there is a very large choice for investing. Accordingly, such a coin theoretically has a chance to return to its ATH on a bull run and bring its owner a 1000% profit. So it is safer to invest in the old coin now than in the new one, and at the same time the profit will be approximately the same.

Crypto have change in the past months with lot of investment both the fake and real all choke together which causes gigantic lost in funds. Targeting a coin to bagged currently is not advisable to jump in the bear season. Experience traders do make money in the bear season with futures and spot trades. While buying for long time purpose is also good but everything now work with time like we all heard of Luna that dip below it's ATL price and locating a new one. Most people that hold it for long term purpose lost everything and this have taught me big lesson in the market.

Are you saying that altcoins are those listed in the top 50 altcoins on CMC(coinmarketcap) or coinecko? Because I think either of these two, all of the top 50 listed in their platforms, most of them you can make a profit doing crypto trading, maybe in that matter it depends on you which strategy to do you as an individual trader.

In short, you are wrong that those who buy coins that are in the top 50 remain poor, you are wrong there. I don't know what you are basing it on, but whatever it is, you better review it again dude.

it seems that the reason you created this thread is to encourage people to buy this altcoin that is called ModeFi, but leaving this altcoin aside, people need to understand that all altcoins are facing a lot of competitiveness in this market, altcoins have become a much riskier investment than you can think of, i only trust bitcoin, i use litcoin on certain occasions when i need to transfer money and i want to pay cheap fee and i need the transaction to be fast but i dont trust altcoins


OP knows he's wrong, the reason he created this thread is to promote this altcoin named ModeFi

this kind of mindset is very detrimental in my opinion, just because you see cheap and keep buying and want the maximum profit without doing research on the project, this is the biggest mistake in my life even for other people who think like this,
and it's just bullshit in my opinion
for top 50 coins, if you invest in large amounts you will definitely feel the results, because when they pump even if only x50 you will still feel the results, otherwise if you invest in small amounts it is appropriate if you say you will remain poor

agree with you , he says the top 50 altcoins will make you poor but that is not true .
and for me whatever the current price of modefi is , I am not interested in getting into new coins at this point . Minimizing risk now is better than losing track, because currently there are more fraudulent tokens than real projects

There are a lot of coins in the crypto market so top 50 will be small but I think there are over a thousand or more coins that will be able to recover when the bull run comes and this includes new projects. Chainlink is one of the top projects and chainlink was in fact better than some of the coins that you mentioned there.

The OP is also not shilling chainlink but he was shilling his own new coin which is called modefi. There are top coins who can't sustain their position and can sometimes crash like what happened with luna. The key is to not be totally confident but we would need to watch our investments so that we can act quick and do proper actions before they start to go bad.

Tbh, you really scared me with your title. I am of the opinion that anyone that is not buying the top 10 coins is at a very big risk to lose his money. Here I am seeing someone encouraging people not to buy from the top 50 coins.
I mean, do you know the level of risk that is involved?

Buying out of the top 50 coins literally means buying the shittest coins ever. I would never try this unless I am already a billionaire looking for where to waste money, I can then head to your advice and buy the coin you are shilling.

my coin is 51th so i am comfortable  :-*

That is a good approach, to understand that they could make a good profit from trading, but you have to look at the long term as well, there are many people who invest into long term approach as well and they may not end up making any profit from it. I am not saying they won't, all I am saying is that they may not be able to do it, and that's a good approach to it.

If you really want to make a good profit, pick bitcoin and feel safe, because it will not be crashing down in the list, and it will be fist ranked coin, and that means we won't be really shocked by anything that happens to it, rest of the list could be volatile and go anywhere, and do unexpected moves.

He actually gives the worst advice to ignore investing in top coins, so top coins can never make a profit of up to x1000 but top coins have low risk for scams, but new projects only experience significant gains when getting support from the community to create new hype but it is very high risk for long term investment, so I will not be interested in investing in new projects because 80% of new projects are included in the scam list.

However the most important thing is not that ETH could give 300% in terms of profits, the most important thing is that this has a very high chance of happening, while when it comes to those coins that are outside of the top 50 there is no guarantee you will get the profits the OP is projecting and instead the chances you will get losses as those coins collapse are many times higher, so if I was given a choice I will pick ETH over all of those coins any day of the week.

I wanted to read the whole thread that you've created but when I saw the name of the project and the OP who did this thread. I didn't continue reading it.
After all, you are just spitting some words but the whole point of this thread is to promote that project ModeFi. X1000? It might be and it might be not.

To answer your question, those investors who bought Bitcoin in 2018 and sold at near its peak can be considered millionaires right now depending on how much they've invested. Those who bought Ethereum are now millionaires depending on the money they've invested. Point is, it all depends on different factors but saying that is irrelevant and a complete mistake. I'm only buying coins at the top 50 right now and sure it will take longer time to profit but it's safer compared to investing into a new project that yes it can give you X100 or X1000, but at the same time can make your money *poof* in an instant.

after the achievement of ATH in the last year all popular coins and coins are indeed down 90%. but for old coins it is not a big problem when the bears have arrived and after the upcoming bulls the old coins will provide evidence that the coin really has high value.
for example like btc when every bearish arrives the price will drop drastically more than 60% but after the halving and bulls hit the market the price of btc also increases by more than 60%.
although investing in crypto during this situation is very risky but if you buy the right coin or old coin and hold it for the long term it is much better than investing in a new project which is prone to hit and run

It is natural because the price increase of the top 50 will not be able to reach 100% in a month, in contrast to new projects that can increase hundreds or even thousands of percent per month so the best opportunity to be rich is with investment in new projects. I once invest $ 50 in new projects and became more than $ 400 in 36 days, and I've lost $ 60 in a week.

So difficult to agree and disagree at the same time, buddy… So many individual factors are at play.
From one side, there’s a good reason why those 50 coins make the top. From another side, they also were small in the very beginning.
Two main factors intertwine here: financial and psychological. Financial: whether an investor is ready to lose their money (like it or not, this probability is high with new coins); psychological: success is built out of failure (it’s about patience, determination, ability to learn from mistakes, optimism).
Almost forgot there is even the third side 😊 Who knew that such a solid top coin like LUNA would crash down in two days? Something definitely to think about.

most people are getting attracted to the high percentage of return that they may get from these new coins. however, most are getting rekt because once the dev team got their pockets full, they abandon the project without warning. so much better if you will keep your coins in the top list, at least you know you're not waking up learning that the devs of the coin you are holding disappeared. if you know how to make profit out of these coins, why would you become poor? poor because of small profits?

High risk high rewards that is basically what I think OP is pertaining to. There's a lot of projects now and there are only a very few percentage of those new coin will rise and dominate the next bull market. Comparing to old established coins, I agree that new projects has a potential to rise and multiply it's current value by a thousand, I believe they are called "hidden gem". But those "hidden gems" are truly hard to catch since it requires intensive research and trust to from the community to make a traction to the market. It's proven that it can make you a millionaire but there's an uncertainty to it if you invest in those new projects.

Your assumption is your personal opinion which is wrong. People are getting rich through bitcoin and Ethereum which are placed at 1 and 2. I still regret selling my 20ETH which was the reward I got from Uni airdrop. Don't mislead people to the evaporation of their money. See what happened to UST/LUNA. Many new projects do rug pull just to let you know, don't be over confident when giving a financial advise in a public forum.

You have seen a flipped pyramid, right? You need to be at the bottom as much as you can be. However nobody can predict where the Bitcoin and Ethereum Pyramids right now are. Maybe we will see Bitcoin at $1m or even $10m (and maybe hyperinflation will help).
 
But what you are saying really is to buy META stock now. To buy google stock now. However unless we find new planets with billions more people there simply is no market of people who will just keep buying giant amounts of it.
 
So for the price to keep multiplying by large amounts simply becomes a mathematical impossibility.
 
Now take a $1m project and imagine how easy it is to go to $100m to $1bn if its a great project with a visionary leader like happen with Chainlink and so many others. And with Bitcoin itself even and Ethereum. Do you want to be at a position in the pyramid where its already fat? Where millions of people will make gigantic profits before you?