gwensarah1
|
|
May 30, 2018, 08:42:11 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Risky? Yes. Too risky? It all depends on your risk-reward comfort levels, PLUS your knowledge and ability to both read the market and understand whether coins outside the top 100 are still in a growth phase, simply undervalued, or never going to get anywhere. Buying a top 20 coin isn't a guarantee for success either. Bitconnect was a top 20 coin even though we all know what happened with that. If you trust the team and the product then i'd say there's more upside to buying a coin outside the top 100 with the same amount of risk.
|
|
|
|
Superways
|
|
May 30, 2018, 09:00:52 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
These coins which are not in top 100 are risky coins because not much traders have their eyes on that coins but there are some coins in these altcoins which have a project ahead and that project have to be completed and when that project is completed then the coin start to rise and then at sometimes it get a higher value and the coin start to rise in the top 100 coins. The early investors often get a huge profit from that type of coins.
|
|
|
|
thaibinh435
Newbie
Offline
Activity: 4
Merit: 0
|
|
June 01, 2018, 07:52:47 AM |
|
|
|
|
|
A L I E N
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
June 01, 2018, 09:03:26 AM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
It is risky to buy any cryptocurrency. But at the same time we know that risk is everywhere. I am not spend big sums of money on coins that are not in top 10. But some new fresh coins makes a lot of interest in my soul and I buy them.
|
|
|
|
vinapuppy
Newbie
Offline
Activity: 22
Merit: 0
|
|
June 01, 2018, 01:29:03 PM |
|
No in 100 crypto currencies have risk and after 100 coins have good coins so its depended by your know about coin which one you select for investment so if you select good coins then you will get good profits
|
|
|
|
[ProTrader]
|
|
June 01, 2018, 05:37:41 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Yes it is a high risk or higher chance that you may lose your money if you pick under top 100 altcoin. But if you pic the right one, it is very rewarding. But I highly suggest to pick on top 50 because even if you pick a top 100 altcoin it is not an assurance that you will get a profit in the end.
|
|
|
|
Apaxy
|
|
June 01, 2018, 05:44:56 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Yes it is a high risk or higher chance that you may lose your money if you pick under top 100 altcoin. But if you pic the right one, it is very rewarding. But I highly suggest to pick on top 50 because even if you pick a top 100 altcoin it is not an assurance that you will get a profit in the end. Generally, if a person has the opportunity and not only to buy so many coins, but also to control all these projects, then a very good result is possible. After all, the fact is that you can not uniquely store or invest your funds in one or two directions.
|
|
|
|
jhongzjhong
Full Member
Offline
Activity: 798
Merit: 109
https://bmy.guide
|
|
June 01, 2018, 06:05:50 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Yes it is a high risk or higher chance that you may lose your money if you pick under top 100 altcoin. But if you pic the right one, it is very rewarding. But I highly suggest to pick on top 50 because even if you pick a top 100 altcoin it is not an assurance that you will get a profit in the end. Generally, if a person has the opportunity and not only to buy so many coins, but also to control all these projects, then a very good result is possible. After all, the fact is that you can not uniquely store or invest your funds in one or two directions. Top 100 in altcoin is lowered risk compared to another altcoin not in the 100 top list on altcoins, but in general, not all of these are profitable. I considered in my self that altcoin, not in top 10 lists on marketcap was nothing and if ever there's a 1 coin from to 100 will pump up I'm sure after a month it will go down. I personally experienced on that holding coins from bounty reward after a month coin is in top 100 lists in marketcap but later on it becomes shitcoin.
|
|
|
|
AlisaWhishie
|
|
June 01, 2018, 06:23:21 PM |
|
Come on, the most profitable thing in crypto is investing in ICOs, and none of ICO coins are on CMC at all during a tokensale, leave alone any top-s. So I wouldn't care much about it. Follow this: 1. If a coin is in top on CMC, it has a high cap. 2. If a coin has a high cap, it's less volatile. 3. If a coin is less volatile, it's less likely to get a huge profit from it.
Of course, volatility = risk. But you'll never get any huge earnings from just simple BTC or ETH holding. Unless you invest millions of dollars, so don't be afraid to join less known projects you believe in, and don't forget to diversify.
|
|
|
|
seven2smoke1
|
|
June 01, 2018, 06:27:55 PM |
|
Do not worry, and there are many potential Altcoins not in the top 100. But if you buy Altcoin in the top 100, you still can run the risk. Currently, I own a number Altcoin not top 100 CMC, but all Altcoin have doubled the rate.
Exactly, the rank of the crypto doesn't matter a lot in the crypto world. You can find a lot of crypto which they classed more than 200 and have a huge potential and you can make a lot of money if you invest in them. I think good trader can make the best choice and risk to invest in unknown crypto which they increase later and make them rich.
|
|
|
|
Alohadanc3
Member
Offline
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
|
|
June 01, 2018, 06:41:11 PM |
|
It's really a hard question.I think rank of crypto does not matter. You have to know where you invest your money that's it.When anew crypto coming they got a rank 100+ most of te time but after some time we can see where he really belong..when wanchain first hit the market its rank almost 200 now see wanchain.So rank doesnot matter what matter is how strong the projecct is.And if project is strong then its never risky.And if you dont want to take any risk i think first 20 or 10 coins are good.
|
|
|
|
senne
|
|
June 01, 2018, 07:08:22 PM |
|
No, there is no risk involved until you invest your money in the right coin. There are many coins which are under valued and not recognized by users, hence remain undiscovered but this does not mean that they will never shine. Every coin struggles to come in the list of top 100 at some point but once it is start accepting by traders its value skyrockets. The only thing you need to ensure while investing in these coins is there future in the coming months and how the team focus on the development of coin to make it in the list of top 100 crypto currencies.
|
|
|
|
alir
Member
Offline
Activity: 215
Merit: 11
|
|
June 01, 2018, 07:11:51 PM |
|
The more risks, the greater the profit. Investing in crypto currency is already a risky act, so if you are confident in your choice, buy.
|
|
|
|
Conasse
Jr. Member
Offline
Activity: 336
Merit: 5
Culotte Jaune Officielle
|
|
June 01, 2018, 07:19:04 PM |
|
Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Zencash, for example, is not in the TOP on coinmarkercap, but the crypto really worth to look at. If you want to avoid a risk then I would say you're safe. So, it's a perfect example to show you that some altcoins are not in the TOP 100 but some are a good project
|
Bouffe ma chatte, pas la planète!
|
|
|
xOdiumNostrumx
|
|
June 01, 2018, 07:27:07 PM |
|
Its definitely a lot riskier than investing in the main coins which builds the fundamentals of the market. But still, picking up projects that are fairly new, are hyped and have a strong community behind them could be very profitable and not as risky as investing in some random coins out of the top 100.
|
|
|
|
wilberthh
Member
Offline
Activity: 462
Merit: 12
Indonesian Translator, #1 Quality is prioritized.
|
|
June 01, 2018, 07:29:59 PM |
|
In my opinion I think no matter it is top 100 or not it's always risky to invest in this market. But I believe that we're in early stage of this market and personally I believe in the future crypto will be truly 'a thing'. But I would say that investing in top 100 project would be like few percentages safer rather than not a top 100 coin / token. Still, at last it's the community / marketcap who decide that.
|
|
|
|
Emilyp
Member
Offline
Activity: 546
Merit: 10
|
|
June 01, 2018, 07:36:44 PM |
|
Even buying the top 100 coins is risky as well. Now this is the magic how coins attain first 100 its not necessarily because the project is good its solely dependent on the projects market cap. So good projects are still below the first 100 and u can find such gems.
|
|
|
|
Herressy
|
|
June 01, 2018, 07:41:46 PM |
|
Even buying the top 100 coins is risky as well. Now this is the magic how coins attain first 100 its not necessarily because the project is good its solely dependent on the projects market cap. So good projects are still below the first 100 and u can find such gems.
true good coins that you can actuay have some good profit yoo are on top 100 but this is too many so atleast on this level of buying try to have some choices on this coin.
|
|
|
|
jacafbiz
|
|
June 01, 2018, 07:56:51 PM |
|
I am telling the coin below the top 100, is where the real value are, if one can find time and research them one would be smiling in some month time, there is no denying that top cap coins are more stable and less volatile but for up and coming investors one need a project that have high potential for growth to invest into
|
|
|
|
ryanfromrethink
Member
Offline
Activity: 294
Merit: 10
|
|
June 02, 2018, 03:39:12 PM |
|
if you spend money on it, which you do not really need, the risk factor is absolutely absent. forecasts and assumptions in cryptocurrency is the most subjective thing
|
|
|
|
|