how to invest safely in cryptocurrency?

[cahbagus555]

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 agree that a safe way to invest in cryptocurrency is to buy tokens or coins that have large liquidity and are traded at large exchangers. Liquidity describes the active movement of investors and we can sell at any time if we need

[1714845223]

1714845223

[1714845223]

1714845223

[1714845223]

1714845223

[1714845223]

1714845223

[1714845223]

1714845223

[hashman]

I don't agree with the top 500, it's not wise. Even if the project is in top 100, it doesn't guarantee the project to be successful. And I would definitely choose some old project, not the new one. The project that has solid team, ready product and of course stable trading volume.

Old projects have big hopes in the future but if the team can manage their projects correctly, new projects are quite risky especially because many incidents of fraud and token projects are difficult to develop, and some of the points you said I think the answer is bitcoin, yes I fully agree that investing safely uses bitcoin.

Many projects already death. More than 650 projects not have one single code last one year.

There are also many old projects already that, many projects people not remember them anymore.

I am thinking that invest on IEO projects are the safest way of investment as exchanges are in control of the project. As exchanges control the development of the project, the probability of scam project decrease and investors will be safe. More safe investors mean more new investments.

[sulendra12]

There is no 'safe' investment in cryptocurrency. The only safe in here is not to give your wallet to somebody else so that your funds will be secured. THAT IS IT, nothing else. Investing in crypto includes losing of funds by losing in trades. So it means that this is quite that risky investing. So you better make your actions right.

Then how do you get your money besides of bounty and stuff? You need to invest to get your money rotating and you can get something in the future for your own purpose.

4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);

Invest in top 500 is too much and you have too much possibilities to do. Somehow, those coins are garbage anyway. I'd rather just invest on the top one only.

[zeze18]

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.

Those factors are great, but nothing safe at investing in cryptocurrency because no one can guarantee our wallet.
Even when we're just saving bitcoin in a wallet, that wallet can be hacked.
Maybe your tittle should be, how to invest in cryptocurrency with lowest risk (?)

[Impaler]

Firstly in this market always a little bit risk working. Tgisbmarket is full of volatility. If you want a safe investment first watch the market gather some knowledge about it. Then go for investment. And always stick to bitcoin with 50-60% of your portfolio. Then you can invest anywhere depends on the projects and your experience level of the market.

[Darooghe]

The first one, avoid FOMO If it's pumping and everyone's talking about it, don't buy it. If it dips but nothing has changed fundamentally and you believe in your initial assessment, don't sell it. Second, Whatever you do for investment, wait longer than you feel comfortable waiting. Whatever a project is or isn't, it nearly always takes longer to become that thing than we imagine it will. Don't rush into buying unless there's a good reason. Don't rush into selling unless there's a good reason. third, Look at the fundamental use-case of the project. Only invest if you have a good reason to. Conversely, only sell if you have a good reason to. fourth, Don't purchase crypto with money you 'need' in any sense that directly impacts your quality of life. Crypto is highly risky, and any money you actually need should be invested in much safer places.

[10BTCaDay]

DYOR on the team, the whitepapers and everything thing they say on SM because these days scammers are just copying and pasting the whitepaper to scam user out of money. DYOR is the golden rule in trading

nobody is copying anything now. scammers have become much smarter than a year ago. those people who are trying to scam investors disguise their actions very well

[SummerBliss]

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;

These points are the quintessential for ICOs. A project fulfilling all three points above is surely going to be successful in long run. Point 1 suggests that everything running according to roadmap which means there is enough buzz about project in the market. It doesn't have to delay its operation due to less response. Point 2 is the best thing an ICO project can achieve, The actual implication of whitepaper.

4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);

This is not as relevant as the above three. Some projects restrain themselves from listing on exchanges initially but that doesn't mean such projects are not worth investing. Rather, in my opinion, projects should avoid listing on exchanges before actual execution of project because it will only leads to dumping of coins.

[lab rat hoax]

I think the most important thing to consider before investing in an altcoin is to look at the stock exchanges where that coin is listed. Do not trust too much on that coin if it is listed on a volumeless, unknown exchange. The second important factor is that coin's projects and roadmap. I don't recommend buying coins that do not have a remarkable project and do not have a reliable roadmap. Finally, see the technical analysis of the coin. If it looks technically positive you can buy it. Other than that, I fully agree with the views of the handsome boy

[passwordnow]

I used to believe that projects with products were really good. But after realizing that it's no exception to failure because there were projects that still fail whether they have a working product/app or service.
We have different reasons as to why we invest and we have several standards on why we choose that project and coin to invest with.

[DigeNarrator]

read few investment books before investing
its the safest way to learn

[aji567]

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.

this can also be used as a reference to find a good bounty. I always do the 5 steps you mentioned before following the bounty and also investing in cryptocurrency.

[mhine07]

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.

For a newbie that wants to invest in cryptocurrencies this is a good reference for them. If i will choose my money to invest in cryptocurrencies i will choose bitcoin nad etherium if i want a big profit in a long term investments. This two coins have their names in the world of cryptocurrencies that can make a huge profits when their value goes high.

[MetalGear]

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.

It will be very helpful for people who's just about to start investing in crypto to listen to people who has been doing it for a long time and has experienced different downfalls in crypto space for they already know what to do and what to avoid doing. It will also be very beneficial for a new investor to read books about investments, study what is inside crypto space and how you should act, decide and move within it. But aside from that, always weigh thinhs carefully, weigh everything and think if they can be of help and not just leading you to wrong decisions.

[strickland]

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;

These points are the quintessential for ICOs. A project fulfilling all three points above is surely going to be successful in long run. Point 1 suggests that everything running according to roadmap which means there is enough buzz about project in the market. It doesn't have to delay its operation due to less response. Point 2 is the best thing an ICO project can achieve, The actual implication of whitepaper.

4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);

This is not as relevant as the above three. Some projects restrain themselves from listing on exchanges initially but that doesn't mean such projects are not worth investing. Rather, in my opinion, projects should avoid listing on exchanges before actual execution of project because it will only leads to dumping of coins.

There is no safe investment opportunity. I wouldn't invest in anything that seems suspicous.

[103deltafox]

For me, I would not just invest on the top 500 coin on coinmarketcap, rather i will do research on them and pick projects that have an active community, that gives updates on their social handles and follow what is on their project map Map

[wingfield_crypto]

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.

Mostly I agree with you. The project team must always send information on the progress of the project. It must also have some initial goals that it must complete on time. This makes you a professional. But I would not invest in the top 500 coinmarketcap. Rather, I trust the top 200, if it is a significant investment.

[BlackFor3st]

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.

What you are suggesting has a point but not all the investors will like it but maybe newbies and other who don't want to crumble in finding a good project to invest in will just go for your suggestion.

Most of the new projects will give you a good amount of profit if you can hit the jackpot so the professional investors are keep on looking for this kind of project. The higher the risk of your investment will give you the highest return if you can hit the right project. But if you are looking for a safe investment and you don't have a problem with the long term investment then top 10 in coinmarketcap is the safest route for you.

[Pinkris128]

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.

What you've stated are nice tips to make investment here in this industry more manageable. But I personally believe that there is no absolute way of investing safely because there is always risk in investing money in any industry. Tho, it is nice that you point out about the whitepaper because there are fools that does not double checks if the project is following what is written there.

[donadoni212]

For me, I would not just invest on the top 500 coin on coinmarketcap, rather i will do research on them and pick projects that have an active community, that gives updates on their social handles and follow what is on their project map Map

it's clear bitcoin is the ruler so i will continue to believe in the market ruler who has a high selling value and has a large volume. in investing make sure the place is really good so that it can provide good results in the future.