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Author Topic: Alts you won't invest in  (Read 1098 times)
gunhell16
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October 01, 2019, 04:53:40 PM
 #61

RIPPLE = XRP
I will never invest on this one! i never and dont want to trust this one.
their billions of supply and the unknown wallet sending huge amount once the price is high is too risky.
What is the product or project anyway?

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October 01, 2019, 05:06:27 PM
 #62

More recently, I tried to catch coins on binance that conducted an ICO there after the growth of bitcoin, but after the last failed ICO, I will not do this anymore, since I lost faith in them, the exception is harmony (one) and everything else is rubbish, on which just made money and now nobody needs it.

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October 01, 2019, 05:29:31 PM
 #63

I would never invest in centralised coins like Ripple, because I think such coins are killing the idea of blockchain and crypto currencies in general. Stable coins like Tether are centralised as well, so I would stay aways from such "cryptocurrencies".
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October 01, 2019, 05:41:44 PM
 #64

Do not buy altcoins that are centralized with unlimited token supply because they do not have any value.
What makes altcoin valuable is is rarity and utility.

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October 01, 2019, 05:55:47 PM
 #65

I would never invest in centralised coins like Ripple, because I think such coins are killing the idea of blockchain and crypto currencies in general. Stable coins like Tether are centralised as well, so I would stay aways from such "cryptocurrencies".
XRP is really good if you just want much faster transactions you can use it instead of BTC and the transaction fee is much lower if you compare. stable coins such as tether is also a big help in the market you dont need to convert it directky to fiat if you already have tether.
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October 01, 2019, 06:09:01 PM
 #66

Do not invest in a coin where you see a lot of hype, especially in the centralised coin if you need some serious profit. Most of alts end up in scam which is really frustrating the secret of crypto currency is holding the asset and wait patiently until the market turns green.
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October 01, 2019, 06:54:02 PM
 #67

I believe in DOGE more and many people like doge because the coins can be mining (mine), but I have to say honestly, the time and inconvenience that you have to spend to follow these sites really do not match the income of the doge.
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October 01, 2019, 07:19:14 PM
 #68

At the current state, I won't be investing on the following altcoin:

BNB - reason why is because this coins is already overpriced and had been manipulated since the beginning.  Although they have a good marketer but the usage is limited to its platform so the growth of this coins is limited, it only grow that much  because of strong manipulation IMHO.

EOS - because of this article https://cointelegraph.com/news/corrupt-governance-what-we-know-about-recent-eos-scandal

LIBRA and any other stablecoin -  because it has a fixed value, I do not see any profit from this.

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October 01, 2019, 07:30:23 PM
 #69

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.


Alt Coins which I wont invest in and I can recommend new traders never invest in; TOP-1 TRX (TRON) and all TRX related coins. WIN (WINk) and BTT are the most well knowns.
I think all investors (experienced and unexperienced) are know Justin very well. No one trust him any more. He mostly lost all his community with wrong decisions and statements.

At the beginning many people believed his bullish statements about his products, and when people see the real face of Justin, no one cares about him any more.
So stay away from TRX, BTT and WIN as I do 😊
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October 01, 2019, 07:31:20 PM
 #70

Almost all altcoins that exist today have a potential scam, if you as a beginner to invest in altcoin should learn altcoin that really has a vision and many investors join in it, maybe there are some new altcoins that have quality but won't last long and won't can make money for you, with these abnormal conditions I think is not the right time to invest in altcoin
You are right, every altcoin at such a stage of the market as it is now prone to closure and panic sale.
As for your question, I will answer: never buy a token whose team has not passed KYC verification.

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October 01, 2019, 07:35:33 PM
 #71

Almost all altcoins that exist today have a potential scam, if you as a beginner to invest in altcoin should learn altcoin that really has a vision and many investors join in it, maybe there are some new altcoins that have quality but won't last long and won't can make money for you, with these abnormal conditions I think is not the right time to invest in altcoin
You are right, every altcoin at such a stage of the market as it is now prone to closure and panic sale.
As for your question, I will answer: never buy a token whose team has not passed KYC verification.
The anxiety of the crypto investors starts with such fearful kinds of stuff and researching the project with all details will decrease the level of anxiety in which investors don't want to be inside it. Project with a strong team is not always successful but strong teams never let the reputation of their project to go down. If the survival game is the reason why projects fail one by one in the crypto ecosystem, I don't believe passing KYC will ensure the investor from the dead coin prices.
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October 01, 2019, 08:34:12 PM
 #72

There are more than enough good altcoins in the market that are worthy of investing in. It would be best for anyone to make thorough research and find those that interests them to invest in. I for one. I would rather invests in coins that have proven to be stable, rather than unstable coins. Your options would always be safer when you invest in stable coins.

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October 01, 2019, 09:17:43 PM
 #73

I would have preferred if your statement portrays self opinion, rather than public advise. When you say never buy BTT, TRX, XLM.... It looked more like you detest those coins. The fact that they have benefits for holding (example holding TRX gives BTT) doesn't mean they are not cool.  I understand your point anyway, it's somewhat valid but never an investment advise. Well, I invest only in very few altcoins for long term basis, not usually more than 5 because most won't stand the test of time, most will be forgotten in the long run.
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October 01, 2019, 09:23:01 PM
 #74

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.


i will not invest in altcoins if the rank is above 500 in coinmarketcap list
because thats a big sign if the alts is not good mate,,
and in the TOP list i will never drop my money to any fork of bitcoin buddy, for example BCH, BSV, BTG and many more

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October 02, 2019, 07:35:55 AM
 #75

There are so many scam projects that it become and tough decision in which once should invest. I believe before investing your money, you need to check complete project details for trust site. Verify project members it's whitepaper to safe your investment.
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October 02, 2019, 08:01:06 AM
 #76

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.


i will not invest in altcoins if the rank is above 500 in coinmarketcap list
because thats a big sign if the alts is not good mate,,
and in the TOP list i will never drop my money to any fork of bitcoin buddy, for example BCH, BSV, BTG and many more

That will be clear for us if the rank is too big, that coins will be difficult to rises. But if the next bull run happens, and that coin can increase and get a better position, I think it will worth to invest in the project. In these situations, we don't know which coin can be the potential to increase because we are in the bear market for a long time ago. The situations will be changed when the bull run comes so all coins can compete to get a better position. We will see a new coin position too.

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October 02, 2019, 08:14:54 AM
 #77


That will be clear for us if the rank is too big, that coins will be difficult to rises. But if the next bull run happens, and that coin can increase and get a better position, I think it will worth to invest in the project. In these situations, we don't know which coin can be the potential to increase because we are in the bear market for a long time ago. The situations will be changed when the bull run comes so all coins can compete to get a better position. We will see a new coin position too.
If you buy or invest in altcoin that the rank is in 500 or more on CMC when bull run happen will not make your altcoin immediately get better rank, because when market bull another altcoin above your coin will get impact too and the rank can better, I think invest in altcoin that far from 100 rank will be risk and you can get zero, competition in altcoin very hard.

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October 02, 2019, 08:42:47 AM
 #78

its  seem like 90% of  altcoins looks like scam this days. did some  cross checks on coingecko this morning and i can say  90% of all altcoins price has  drop from 85% to  99%  since all time high. a token like DGTX i will never  buy this token . Adam  raised $ 3M usd in just 24 hours after  the ICO he raised more than $ 5M usd and its  almost two years now  there  is no single  project  out. 

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October 02, 2019, 08:56:17 AM
 #79

Personally I wouldn't invest in XRP and I can advise you to do the same thing. Ripple is centralized, it is owned mostly by big banks and as far as I know it's supply isn't even capped so it can be created out of thin air i any given moment. Probably the best possible strategy is stick to BTC and ETH.
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October 02, 2019, 09:21:33 AM
 #80

A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.

My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.


I don't answer what coins I won't buy. Because in my opinion, in investing activities, especially in crypto, you have to be wise. People ask us what coins are good for investment, just answer the ones that you think have a good opportunity without having to forbid buying coins.
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