how to invest safely in cryptocurrency?

[Handsome Boy]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

[1713505070]

1713505070

[1713505070]

1713505070

[rijaljun]

Top 500 is still too wide and in my opinion not all of them are good to invest, also there are a lot of project are using fake volume to get more investors. I think, coinmarketcap rank can't be a good factor to invest in projects.

[baigreen]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

Here is a simple example. It is about investing in the top 500.

See if the project is really good and he conducted Bounty, you can safely buy the tokens of this project on ForkD. If you have done a full analysis and see the potential in the project. Because hunters often sell coins there very very cheaply. Say for $ 20 you can buy a large number of coins. And there is a big chance that in the future $ 20 will turn into $ 20,000. It's all about analysis.

[Irdina]

I agree with your way maybe it can reduce the risk in investing in cryptocurrency, important points are their products and according to the road map and another thing the team needs to do is marketing about their products.
I personally in terms of investment choose only the top 25 altcoin and I don't have the courage to invest in a new project.

[chocopapaya]

I think you point out some good things.
But really, the #1 safe way to invest in cryptocurrency is actually easier than all those things:

Don't invest more than you are willing to lose.

You need to see your investment as something you can completely lose.
It's not being negative, it's being practical.
If you see it that way, you will be much more smart in how much and when you invest.

and then, the #2 safest way to invest in crypto is to immediately pay yourself back as fast as you can.
If you invest $1000 dollars, your first goal should be to earn $1000 back and have some left over to trade more.
That way, after that, everything is a gain.

[labuan]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

I dont think so, because in investing you just have to read a lot and knowed the project of the coin. No matter where you investing, you will get profit on good project, but you have to know the team too, before you invest your money. Keep believe in your self, because many people doesn't believe on bitcoin before reach 17000$.

[(o)(o)ilikeboobs(o)(o)]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

Talking is always easier than doing. I think
More than half of my investments following your instruction are losing hard by now.
And other half losing cause of I Can't keep calm when price changing fast.

[chanc3r]

The team can change it anytime but you should mention investing in a project which had a solid community. The community is playing a very important role in the adoption and support for ICO project itself.
All the points that you have been mentioned are true.
I personally think long time running project doesn't give a lot of guarantees.

[Fesatmas]

We must choose the best coins to invest in the top 100 coins in CMC not to be guaranteed for the long term, as long as we have to judge according to our own.

[BITDV]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

Make sure their token use case/products work fully and always grow their income, so they are not bound by the price of the coin itself to run their business. I fully agree with all your point except no 4. For me, it's too risk with top 1-500, to make better investment i limit number until top 200 coin marketcap and select coin with high volume and good community. I don't like coin with many issue, coin like this criteria won't selected as my investment althought they have high volume.

[Kasabus]

Coins or tokens belongs to the top 100 is more safer than considering your choices up to top 500.
I think there's a lot of shit coins already in the 101 up, so that means the risk is high if we have to compare by analyzing the probability of success.

Actually the word safe is not much valued in crypto, I do think that when investing here we are taking a high risk that we are like gambling where we could loss any time, and that we should not expect only one sided possibility but also think of the worst case.

[Peterdav]

5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

That's true, invest in a new project have more risk.  Now i am prefer to invest to Top10 coin in coinmarketcap. For me Bitcoin, ETH, and BNB is the best and potential coin to make profit.

[Drai]

The mentioned the high points but forgot the most important in my opinion.. be a huge fan of Stable Coins (USDT, USDC, TUSD) and also a huge fan of Stop-loss, these two things has reached my portfolio more times than I can count.

[@baoli]

There are three major ways you invest in crypto and each of them requires you make a very major research before you try it out. For me I rely on ICO reviews. Areas are
1. Ieo/ ICO
2. Trading
3. Bounty by investing your time

[funchiestz]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

The safest way of investing in cryptocurrencies may be Bitcoin. Bitcoin price can go up&down but for the long term, it is always profitable. If you don't like risks, buy Bitcoin and just wait.

[MonsterV]

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

I agree with all the points except the 4th point, I think the coins that are below the top 20 on average are hype coins, although not all of them but most of the coins are driven by hype. If you really have to choose coins to invest, I prefer coins among the top 20 that match your points above. Moreover, you will not invest in 100 coins right? so it's better to focus on 5-10 coins in the top 20, that's enough and safer. Surely you have to analyze more deeply, if you need to use due diligence to get better results.

[coaprotet]

I do not have enough money to invest in all top 500 project and I believe almost nobody has  . Criteria that you have listed are great and I am also following them by searching for a new project. But I am giving a chance to new projects as well.

[Seth2009]

Top 500 is still too wide and in my opinion not all of them are good to invest, also there are a lot of project are using fake volume to get more investors. I think, coinmarketcap rank can't be a good factor to invest in projects.

Even the 1-100 Own rank is still a lot that has the potential to fail if the research you do includes enough projects. it's better that you first pay attention to the large trading volume and also that the Projeck is already running. if still this development is not suitable if you invest for a long time

The best is better to do your own research of all the tokens/coins that u want to invest with.. Sometimes even if they are listed on coinmarketcap but on reality they are dead projects already... Look with the platform that has active team and achieve what is really written on their roadmap... A project that has a real product.. Also goes with active community and social media accounts... Those liked projects are really worth to invest with...

[barbara44]

Great tips, investing in new coins now is a very great risk that it would take the grace of God to really get anyone that would not eventually scam or close up along the way even if some of them push thee project forward a bit. I have seen so many projects too that pushes for likes some months and then breaks down along the way because if the lack of strength and will to do so.

I think like you right said, it is best to just invest in coins that are already old, and the ones that still have very active development in the market and also falls with the top 100 in the market. These are the projects that investors mostly look into first when they decide to invest in cryptocurrency, so if anyone is to have it real good with  a piece of cake, best to pick from top 100.

[adzino]

if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

1. They can run according to the road map  but what guarantees you that they will complete it? They can exit anytime.
2. Not sure what you mean by "product" of a crypto currency.
3. Updating user is a good thing. But what if all those updates are "we will" and "we are trying", that is all talk but no work?
4. Volumes can be faked.
5. We have seen project running for a long time eventually being abandoned.
In short, there is no "safe" way to invest on such projects. The best way is to go for coins that are well known in the market.