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Author Topic: Do you always invest in top ranked coins?  (Read 26525 times)
trust09man
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November 14, 2018, 06:35:15 AM
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Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?
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November 14, 2018, 06:45:11 AM
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I invest in Bitcoin and Ethereum, i think both are the best investments for the long term.

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November 14, 2018, 06:53:02 AM
 #3

Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

That's the safest way to invest in this very risky kind of investment. And it should work in a long term basis. Which on would stay? Well, most of the top 20 in the list where also in that position on the previous rankings, year-base. So randomly picking one is not that bad.
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November 14, 2018, 06:56:30 AM
 #4

I want to get a big profit so I don't like to invest in the top rank coins because their prices are always higher than others so earn x10 or x20 times profit is difficult than others when we compare trading volume daily between them.
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November 14, 2018, 06:56:55 AM
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Many times I prefer to convert my rewards into ranking coins, because I don't want my efforts to be wasted, you can say that I am a timid investor!

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November 14, 2018, 06:59:57 AM
 #6

You are right the market is always volatile and the top ranked coins can also come down. Have a look at the coinmarketcap on 2016 and you'll see a lot of top coins went down and lost attention from the market.

Though its highly recommende at this moment with those coins because they have higher market cap but it all depends on the development and what that coin's purpose. There are few coins on the top that aren't worth risking your money.

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November 14, 2018, 07:02:11 AM
 #7

Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

It is a strategy for those that are not capable of doing a real investment analysis. If you are unknowledgeable and just want some general market exposure then investing in the top coins by market cap or even better a fund that tracks the top coins may be the best strategy. If however you have some skills and are able to determine what will seperate the winners from the losers then investing in the smaller cap coins that are highly undervalued can offer significantly better returns.

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November 14, 2018, 07:17:17 AM
 #8

Yes, adventurers are usually a small number of investors. Most people invest in high quality coins is the best way. The rich nights are only suitable for adventurers. Because they have to pay for the failure. But they may become famous in the investment community.

Tosin12
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November 14, 2018, 07:21:48 AM
 #9

Ever since I started doing cryptocurrency I've only invested in only one top altcoins which is the popular ethereum and so far I have lost about 70 percent of my investment,that is bad because there are even some altcoins that are not top coins that are growing though it's not good to invest randomly but with luck it does work.. The bear market has affected all top altcoins badly
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November 14, 2018, 07:23:02 AM
 #10

I want to get a big profit so I don't like to invest in the top rank coins because their prices are always higher than others so earn x10 or x20 times profit is difficult than others when we compare trading volume daily between them.
On the one hand, this is true. But in the top coins there is at least some stability. In the little-known altcoins, it is only embarrassing that you have to sit and wait for x10 or x20, and whether this coin will give "X" at all.
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November 14, 2018, 07:24:50 AM
 #11

Investing in top ranked coins is supposed to be lower risk since the projects have developed. However, low ranked coins with potential will be suitable if you want bigger profit. In fact, most projects started with low rank. So, I think investing in the ‘right” project is more important than looking at the rank. To find the “right” project, you have to do tons of research.
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November 14, 2018, 07:25:51 AM
 #12

Yes mostly I prefer top 100 coins but not always, sometimes I go for others coins also. Top 50 or 100 is somewhat safe but if you want some good return and able to take risk you can go for other coins also.

And it is not sure that top 50 or 100 will always give you returns.
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November 14, 2018, 07:27:44 AM
 #13

The top listed/ranked coins in the market are coins that can gain a good or better profit. And its good to invest in short or long term, and you are right market is vulnerable or volatile, so when it comes down, the top coins also is going down.

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November 14, 2018, 07:29:44 AM
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No, not always. They are sometimes good investment, and sometimes bad one. It is safer to invest in the top ranked coins. You need a lot of luck to find the good coins.
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November 14, 2018, 07:31:09 AM
 #15

Investing in top ranked coins is the safest investment yet you would not get a significant gains if you arent putting alot, on the other hand small caps have a lot of room to grow since their caps are almost 2-3mil$ but it also has the biggest risk

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November 14, 2018, 07:36:10 AM
 #16

Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?


I think it's same but the difference is if you invest in altcoin with top ranked you don't have to wait long to get a profit because they already have a product that is already running and operating whereas if you invest in altcoin with bottom ranked you have to wait a long to get a profit because they are still in the early stage and no have yet a product but I think altcoin like this is more potential, but the decision remains in your hands Smiley
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November 14, 2018, 07:37:26 AM
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There is no way to predict with 100% accuracy which coin is able to resist the market's downtrend. You should consider every coin you are interested in in particular.

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November 14, 2018, 07:58:58 AM
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OP there's no assurance in all digital currency base in your post that would stay like even btc can drops a lot example in hard fork that we experience in past august 01, 2017 or unfortunately it can turn dead still no one know and that's only a possible then i think if you are newbie in crypto better to start in trusted coins already in investment like top ranked coins still it really depends on the coins/tokens potential like it will base in the developer if this will turn popular

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November 14, 2018, 07:59:23 AM
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In this situation, I only keep my asset into bitcoin. Because it's most stable now. And I think bitcoin will raise soon. I also use a small mount to trade the tokens of some ICOs. It's like to test my luck  Grin

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November 14, 2018, 08:04:06 AM
 #20

if it's a beginner and wants to start investing, it's safer to invest in top coins. for example in the top 10 you can see bitcoin, etherum, ripple, cash bitcoin, stellar, eos, litecoin, cardano, monero and tether. what is the reason? Coin rank is calculated based on the market cap, and automatically the top ranked coins have the best market cap.

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