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Wintersoldier
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May 17, 2019, 02:28:36 AM |
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Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isn’t it risky to invest in them? Want to hear your opinion!
If I am going to answer you, I going to say no, but in reality, somehow, it is not always actually necessary to buy the coins at the top. I can say, each coin on an exchange, whenever I see them growing is an opportunity for me to make an entry point, as long as they are listed on a decent exchange, then that makes sense already. |
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cunguks
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Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
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May 17, 2019, 02:36:46 AM |
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If I am going to answer you, I going to say no, but in reality, somehow, it is not always actually necessary to buy the coins at the top. I can say, each coin on an exchange, whenever I see them growing is an opportunity for me to make an entry point, as long as they are listed on a decent exchange, then that makes sense already.
you are right, until now the first measure is in the exchange where the asset is registered. because some assets also have great potential even though they have not reached the highest point of the market. at least they can be registered in a decent exchange, it will open the potential for these assets to go up in stages. |
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Mianae
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Activity: 798
Merit: 14
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May 17, 2019, 02:55:44 AM |
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Yes I buy reasons being they're some Alts that are below the top 100 benchmark but have a quality utility. Top 100 is determined by trading volume not quality of project. What I look out for is a product with product that's in demand.
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Ochakemaput
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Activity: 483
Merit: 10
terra-credit.com
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May 17, 2019, 02:58:26 AM |
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Yes I buy reasons being they're some Alts that are below the top 100 benchmark but have a quality utility. Top 100 is determined by trading volume not quality of project. What I look out for is a product with product that's in demand.
if you do an analysis like that, you can get coins of very good quality, but have not had an increase. usually several new projects with small exchanges that have such great potential. will be very lucky if you find a good project like that. |
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BlackFor3st
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May 17, 2019, 03:26:18 AM |
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Of course especially if you really know the project from the start and you are confident that their team can do the impossible to possible. Most of the traders also trade alts that are not listed in top 100 as you can hit a jackpot once the price will start to moon.
The risk is always there, if you are not careful in investing then the risk is very high but if you study and research the projects that have the potential to grow then the risk is very low.
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killat
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Activity: 742
Merit: 21
Be the reason someone smiles today
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May 17, 2019, 04:04:20 AM |
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Can't tell you what to do, especially in a high risk investment like crypto.
But I am filling the bags with BAT. It think it has the potential to reach top 10 in the months ahead.
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✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦ Be kind whenever possible. It is always possible ✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦ |
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anume123
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Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
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May 17, 2019, 04:08:55 AM |
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Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isn’t it risky to invest in them? Want to hear your opinion!
Ofcourse it is risky because crowd can't control the price of altcoins once it is out of top100 coins. It may cause a huge drop and even you don't know the coin perfectly. |
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inanilujimi
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May 17, 2019, 04:25:27 AM |
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everyone who invests in the crypto world even though in the top 10 CMC still has risks in it.
but the difference for me is only in profits and a much bigger defeat even reaching 200% if you choose to invest above 100 CMC.
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studio1one
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May 17, 2019, 04:31:14 AM |
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The coins not on top 100 can sometimes lead to very good ROI yes they are risky but if you did your research on the project properly than they are not that risky. Some of my best returns were from the coins that were not in the top 100.
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freedomgo
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Activity: 3122
Merit: 1146
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May 17, 2019, 05:00:00 AM |
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Hey guys, do you buy altcoins which are not top 100 of Coinmarketcap? Isn’t it risky to invest in them? Want to hear your opinion!
Ofcourse it is risky because crowd can't control the price of altcoins once it is out of top100 coins. It may cause a huge drop and even you don't know the coin perfectly. I think he is asking the wrong question, the fact that we are investing here in crypto, we are already making a risky decision. We need to study first the nature of the market, that's one of the basics if you are planning to invest in the crypto market. |
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xenomorphe1
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May 17, 2019, 05:14:47 AM |
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Currently yes, i have bought a not top 100 altcoin. All coins have a chance to increase in value in a bull market. I hope i am not wrong and that the bull is not dead.
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Pffrt
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May 17, 2019, 06:00:08 AM |
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If you have enough time to research a project, find out the probability of being potential one, I guess it's better to invest in a good one. Nano for example is in top place now while it was a shit back in the days of Rai block. In the same way, there's some more project which may have a good future.
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angrybird3591
Jr. Member
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Activity: 224
Merit: 1
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May 17, 2019, 06:01:57 AM |
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Of course there is an investment. The risks of the top 100 are very low for long-term investors. In the short term, I recommend you invest in daily market review to make a decision.
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mdenys
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May 17, 2019, 10:16:57 AM |
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It is quite a risky action but it can give a massive profit if you're lucky,much more profit than from top coins but once again - it is very very risky so invest just a part of your funds.
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SRKNGL
Member
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Activity: 476
Merit: 10
Files.fm - Store, Share and Sell Files
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May 17, 2019, 10:21:14 AM |
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All the coins I've bought start to fall after I take it. I can say that 2018 and 2019 was my collapse year. After that, I'm going to buy a bitcoin.
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zulfi125
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May 17, 2019, 10:51:39 AM |
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As you know top 100 altcoin are best coins but if you select only top 10 than you will see prices movement will be according to BTC price.
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Kezacky
Member
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Activity: 744
Merit: 10
https://www.enterapp.io/
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May 17, 2019, 10:57:45 AM |
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I don't dare to take that risk, maybe some of them have great potential if we can examine it in more detail. I tend to prefer popular altcoins or stable altcoins, they always have price developments so the risk is also smaller.
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zatylyni
Newbie
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Activity: 308
Merit: 0
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May 17, 2019, 11:13:47 AM |
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Yes, I bought their top 500 altcoins, there are really interesting projects that need attention and they are slowly going up.
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efxtrader
Full Member
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Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
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May 17, 2019, 11:29:57 AM |
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Yes I buy reasons being they're some Alts that are below the top 100 benchmark but have a quality utility. Top 100 is determined by trading volume not quality of project. What I look out for is a product with product that's in demand.
if you do an analysis like that, you can get coins of very good quality, but have not had an increase. usually several new projects with small exchanges that have such great potential. will be very lucky if you find a good project like that. I am better avoid buying new project from small exchanges because potentially its a pump and dump coin. If i should buy and hold coin for long term, i am prefer choosing coin or token from reputable exchangers. Most reputable exchangers list only on good project with solid developers team |
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Lexurdania
Member
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Activity: 840
Merit: 10
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May 17, 2019, 11:56:45 AM |
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Of course especially if you really know the project from the start and you are confident that their team can do the impossible to possible. Most of the traders also trade alts that are not listed in top 100 as you can hit a jackpot once the price will start to moon.
The risk is always there, if you are not careful in investing then the risk is very high but if you study and research the projects that have the potential to grow then the risk is very low.
The good thing about top 100 coinmarketcap is most coin having big liquidity and having big daily transaction volume. If the project having good trading volume, its indicating that this project are legit and many investor on it. |
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