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Author Topic: Do you always invest in top ranked coins?  (Read 26752 times)
georgemamat
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May 19, 2019, 11:48:49 PM
 #801

The first 10 coins in Coinmarketcap can be invested and a 2-year investment. Then a nice gain can be achieved. Because every day the market becomes more and more recognized.
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May 20, 2019, 05:27:47 AM
 #802

Hte point it that the top ranked coins are less likely to cllapse completely, and tend to suffer less in a bear market. So although BTC price dropped, it still fared better than ETH, which in turn fared better than most coins outside top 10, and so on. Also it is dangerous to start with less well known coins as you need to keep on top of all the news and rumours more as the prices for these tend to be more volatile.
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May 20, 2019, 05:47:09 AM
 #803

Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
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May 20, 2019, 08:51:10 AM
 #804

Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
With the current condition on the market, you still can do that on top 10 coinmarketcap. The price is easily go up and go down and you can do short-term trading with it.

I also do short-term trading too but on top 10 cmc coin like ethreum and bitcoin cash. The result is so far so good.

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May 20, 2019, 10:42:44 AM
 #805

for some reason yes, i will buy a top ranked coin in cmc
but, when i see a good and potential coins in the lower rank, i will drop my money there too buddy


That is the 2017 tactic,,, it does not work anymore my friend. I look back in my past history and am thankful I invested most of my buys into top ranked coins, but also more importantly, projects that were alive and had existing use cases. I still have several investments from what looked like good potential coins but they had no USE cases. Could not buy anything with them could not use them for apps,,, and eventually they just died not just in terms of price but activity. That is why it should be wise to stick to top ranked coins for a solid foundation.

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May 27, 2019, 06:32:06 PM
 #806

I think that enthusiasts will not encourage cryptocurrency users to invest only in the highest rated cryptocurrencies.  The fact is that it does not fully reflect the real demand for the market.  In order to popularize the cryptocurrency in society and introduce it more widely into everyday life, we must support, among other things, new projects that should really be of interest to society.
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May 28, 2019, 08:51:00 AM
 #807

I always invest in such coins. They have enough liquidity and volumes on any exchanges. At first. They are very similar on the BTC and trading to stable coin as USDT or same is very similar. Price graphs are the same but with features. And their movements are more predictable than other altcoins where it's a gambling.

crypto is unpredictable mate, for example at the beginning from this month bitcoin price run under $5500 but today the price of bitcoin running above $8500, and thats more than 50% rising only in this month, and sometimes the price could down hard just in few second right
even a big and reliable cryptocurrencies such as bitcoin still unpredictable, right ?
but, if we invest in a good and solid crypto project such as bitcoin and ethereum we can reduce the risk of investing in cryptocurrencies,
because in my opinion a good crypto will rising its value for long term  Wink

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May 28, 2019, 10:34:44 AM
 #808

Not always, I don't always buy coins that are in the top 10 CMC, I prefer to buy coins that have high fluctuations and prices are falling for short-term trading
I admire the style, buying the top 10 is just for gamblers who wants to play safe in crypto when there are still a lot of coins in the market that could give them better return provided they will be successful. Maybe diversifying on a currently strong coins and undervalued coins is the right thing to do, also having a long term and short term investments would make you a flexible trader or investor.

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May 28, 2019, 11:44:45 AM
 #809

Top ranked coins or the so called strong coins are good to invest when the price of bitcoin is surging because they can still able to go up and not so affected by price rally. Low ranked coins are profitable when the price of bitcoin is steady or moving slowly but they tend to go down if bitcoin is uptrend. Before investing in any coins, analyze the market and the coins you are planning to buy first.

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.

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May 28, 2019, 12:11:45 PM
 #810

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.

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May 29, 2019, 06:06:30 AM
 #811

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
True, it will give better profit if you find a good coin which are low in marketcap now.

I am sure there's still a lot of undervalued coins in the market now, we have to exert an effort in researching as all of us here wants better profit, but most of us here does not have a big capital to earn a decent profit. Low marketcap coins could generate big profit so it's also worth risking for with our money.
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May 29, 2019, 06:42:13 AM
 #812

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 ?

Not really.  after booming with x10-x100 growth in the 2016-2017 period.  The current market situation is almost saturated and has a high dependency mentality.  Of course, the top currencies give you more opportunities and reduce speculation risks.  therefore, just spend a catalog corner on the top pennies on the market and a little on new projects.  It ensures that your funds are balanced with high profitability.  Finally, it is a priority to stay long term.
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May 29, 2019, 11:26:59 AM
 #813

actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
If the project is stalled then you will not see much trading as investors will dump the coin in the exchanges and more over these projects will be removed from exchanges from time to time if there is no improvement and we have seen that in the past and majority of the projects closed their offices when the market went down, so the validity of the project is directly related to the trading volume.
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May 29, 2019, 11:47:21 AM
 #814

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 ?

Not really.  after booming with x10-x100 growth in the 2016-2017 period.  The current market situation is almost saturated and has a high dependency mentality.  Of course, the top currencies give you more opportunities and reduce speculation risks.  therefore, just spend a catalog corner on the top pennies on the market and a little on new projects.  It ensures that your funds are balanced with high profitability.  Finally, it is a priority to stay long term.
Those coins around top ranked positions also gives investors some breathing as the devaluations is not that hard, unlike projects which mostly for pumped and dumped purposes can die anytime and surely you will lose your entire investment.

You can always use diversions or splitting assets, it takes good understanding to make sure you are always in the right track.
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May 29, 2019, 09:36:52 PM
 #815

Of course I should invest in top ranked coins where there will be a high chance of making profit. In crypto space, one need to be very careful and do thorough research before investing in any project. There are some underrated coins that do extremely well but it's a bit risky cause you can't even tell which one will do well.
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May 30, 2019, 07:00:06 AM
 #816

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 ?


When it comes to investing in cryptocurrencies, buying some of the top coins will give you the edge because they will surely give you profits even during bearish market. Bitcoin, ethereum, xrp and bnb are some of the best top coins because they already proven many times in the past. Top coins with active developers are good to buy because they keep on improving the features of the coins and further boost the price in the market.

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May 30, 2019, 07:26:26 AM
 #817

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 ?


Learning from that basis is very important and you should be brave to speculate. I when I first entered crypto and did not trade well. I had a disadvantage because the market condition was decreasing sharply. However, it did not make me give up and I made a lesson for me. Entering the year 2019, I was able to make a profit from the top coin purchases. I temporarily do not make long-term investments, but daily trades are more profitable.
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May 30, 2019, 08:35:39 AM
 #818

For a beginner like you, you have to invest in top 10 marketcap coin. They are relatively stable than the small marketcap alts. And of course more reliable. Maybe in the future, you are going to prefer to invest smaller coin but you have to learn the dynamics of this market before.
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May 30, 2019, 11:52:15 AM
 #819

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
True, it will give better profit if you find a good coin which are low in marketcap now.

I am sure there's still a lot of undervalued coins in the market now, we have to exert an effort in researching as all of us here wants better profit, but most of us here does not have a big capital to earn a decent profit. Low marketcap coins could generate big profit so it's also worth risking for with our money.

Their rank corresponds to their market capitalization. Good new tokens have a smaller market cap, and they are in 100+ places. It does not mean that you must not invest in them. Vice versa, they can bring you more.
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May 31, 2019, 05:15:11 PM
 #820

Right, top ranked coins guarantee safe to be a long-term investment, if the marketcap has reached more than $ 1 billion then devs. have a large capital power so that they will keep the coin from dying.
actually it doesn't need to be that high, when the trade is still being carried out, and the demand for these coins is still there and continues to grow that will keep the coins in the market. because actually this market only needs efforts from developers to continue to update as an effort to maintain market demand continues to be high.
True, it will give better profit if you find a good coin which are low in marketcap now.

I am sure there's still a lot of undervalued coins in the market now, we have to exert an effort in researching as all of us here wants better profit, but most of us here does not have a big capital to earn a decent profit. Low marketcap coins could generate big profit so it's also worth risking for with our money.

Their rank corresponds to their market capitalization. Good new tokens have a smaller market cap, and they are in 100+ places. It does not mean that you must not invest in them. Vice versa, they can bring you more.
I think that even before the end of 2019 we will see a real shift in the cryptocurrency market, when Yes, even the less famous cryptocurrencies will raise their price.  The fact is that the role is not played by the rating in the market-store, but by the real potential of the team and the interest of the project in society.
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