how to invest safely in cryptocurrency?

[joybella]

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.

Learn the track record of development tea, are they good with project completion, are they apt to new ideas. The fifth point is a good lead an already running project is great.

[retnoanjani]

and the most important thing is never to invest more than you can afford to lose. Risks cannot be eliminated, but opportunities can only be reduced. The methods mentioned by the OP are quite effective. At least we don't just rely on luck, like gambling, but do the best analysis for the long term.

[btc-facebook]

no matter how long the project lasts, but if the marketing team doesn't run and the core team never makes progress or is slow, of course we have to avoid it,
many old projects are still alive but do not show significant progress, so this is not much different from scam projects in general.

[MCDev]

It is best to invest in BTC or ETH for absolute safety. In addition, you can also invest in altcoins in the top 50 and have products

[bitgolden]

no matter how long the project lasts, but if the marketing team doesn't run and the core team never makes progress or is slow, of course we have to avoid it,
many old projects are still alive but do not show significant progress, so this is not much different from scam projects in general.

There is still some difference between old projects that are experiencing bear market and the coins that has exited the market as a result of scam or never even get listed, with older projects, there is still hope, with scam projects, there is absolutely no hope of ever getting the investment back.

Old project are down today not because the developers are not active, are you telling me that with all the things that Ethereum is doing, and with all the things that Binance CEO is doing for binance, don’t they ought to have grown more than that, they ought to have grown, but yet they are still suppressed by the bear market situation, and until the bear market of the altcoins is over before we can really say that old project are same as scam for some of the coins that will not survive again.

[ttcsalam]

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.

All points are correct. However, with this point, I am deeply opinionated. If a new project is not considered, then it is much more likely to lose capital. There is a proverb for that. Think investing. Don't worry about investing. Because after investing and thinking, there are no results.

[fosco333]

Always doing your own research about the crypto project you want to invest.
Sometimes we usually relying on other's opinion about the project, but we don't want to do that because our money is our responsibility.
So, make sure we are really know about the project we want to invest.

[pieppiep]

In my opinion, the safe way to invest in cryptocurrency is we must know how much money we can afford so we don't have to regret or to be sad if the project is a scam in the future. We need to know that in the cryptocurrency, we can be the next target to get scam by the project so if we can know how much the money, then we can prevent from a big lose in investing.

If you are only following the trend without searching on the other news, you cannot make a profit from the project, although you already read their details on their whitepaper. The whitepaper is not guaranteed you to choose the right project, but there will be a lot of things that you need to know before you invest in the project. You need to search by yourself to find if the project will have the potential to reach their goals in the future, so you don't pick the wrong project as your investment.

[BennyK]

One of the best ways to invest safely in cryptocurrency is to first perform a thorough research on the market in order to identify the which coin to invest in. Secondly, it is imperative to know how to acquire the coin, thus know which exchange platform to purchase the coin and how to transfer the tokens to the wallet safely without causing a breach in the security of ones wallet, thus make sure login details are not exposed to any third party.

[puremage111]

One of the #1 rule i think is never buy because of others

I mean you can seek for advice or suggestions, but please
Kindly research before you buy in
I've seen people buying into something they have 0 idea what it is
It is devastated because if they actually make loss, they don't know the reason why they make loss

[Fundamentals Of]

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 would summarize all these in one or two liners. The safest way to invest in cryptocurrency is to have your portfolio at least 50% in Bitcoin. The rest will be divided by coins, not from "top 1-500 in coinmarketcap" as you say, but top 1-50 or even 30.

But that is if we talk of the safest way. I do not choose the safest sometimes. And that's the reason why I am still HODLing a handful of coins that are outside the top 100 but I believed solid enough to provide some great profit in the longer term.

[Hamzaal24]

The points you nominates are good except 500 marks try to reduce this criteria. If you want to invest in new project, I believe you to do complete analysis. Visit trusted site check market trends, projects web-score and rating. This way you will gather more information whether to invest in new project or not.

[killat]

First, never invest in crypto more than you can afford to lose and second, stay away from privacy coins. You see already privacy coins being kicked out of exchanges making them going slowly down to natural death.

Crypto is a big marketing gag of big bankers to implement full digital currency into the new monetary system.
Next step are regulated stable coins,governmental stable coins and security tokens.

The rest will die.Bitcoin will have its peak arround end of 2020 and after that it will slowly die.

[Ararbermas]

Before investing into cryto currency mate.  Must have a certain information about the project ,what i mean the story behind wherein if it's legit and you are sure that you can make profits on it afterwards because that's the most important.  Don't ever rely on some sort of information especially when it comes from the unknown ppl because it can cause losses. Always make your own research and i suggest check the team behind if it's fake or trustworthy to avoid regrets .  Regards

[Golftech]

One of the #1 rule i think is never buy because of others

I mean you can seek for advice or suggestions, but please
Kindly research before you buy in
I've seen people buying into something they have 0 idea what it is
It is devastated because if they actually make loss, they don't know the reason why they make loss

Sad thing for someone who will start from the scratch and lean alone with suggestions and tips from others. Investment in any form needs to  comply with knowledge about everything, you need to be proficient finding factors and doing your own research to make sure your ideas to fulfill.

Invest with full understanding before you jumped in, it will be more chances of success and survival staying inside this business.

[leea-1334]

no matter how long the project lasts, but if the marketing team doesn't run and the core team never makes progress or is slow, of course we have to avoid it,
many old projects are still alive but do not show significant progress, so this is not much different from scam projects in general.

Marketing is only important if you care about price. The development team must always be moving for the coin's health in the long term to be in the green. I can think of many of my altcoins in this situation. Waves is my biggest example. Always developing always updating but no time spent in marketing so PRICE looks miserable.

[Bezobraznike]

  Words like safe and crypto-currency should not be in the same sentence. Investing in Bitcoin, top coin for years, is risky! Every other
coin is more riskier for investing, as you go deeper, risk is growing.
   Risk is a big part of investing in crypto-currencies, any of them. Therefore invest how much you can afford to lose, and be patient and
wait couple years before you sell anything!

[19Nov16]

Current market conditions look difficult, many projects are dead so I prefer to buy the top 25 at CoinMarketCap, I'm sure that the future of crypto will soon improve and the top 25 is a strong project and can survive in difficult conditions.

[Burogh]

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.

In my opinion, one way to choose the right investment in the cryptocurrency market is to choose tokens or coins that are traded in large exchangers and have a large transaction volume. The large transaction volume illustrates the interest of new investors

[ariyzt]

Make it more simple
just invest on top 100 Coinmarketcaps. I think the top 500 cmc is still too risk. Because many new coin that hype for a short times can do that, but whenever the hype is gone , the price will back and the rank following also