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Author Topic: Newbies are safer with top altcoins  (Read 5245 times)
Teraboy
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July 18, 2020, 03:25:53 PM
 #361

Newbies should becarefull investing in shitcoins, becoz some new projects and even so listing on exchanges most of the price dump.

I will choose some of the top altcoins which have the potential to rise up to 10x, such as ETH, LTC, BNB, LINK,XTZ and many more.

Top cryptocurrenies

Those are the best altcoins in this market, but for it to go up 10 times at the moment, I think it is impossible. You can make a profit investing in these altcoins, but I think it will not be too much.
Yes, these are the leading altcoins in this market. It is very safe to invest in them but just as you said. The price will hardly increase many times if the altcoin season comes. In this market, the greater the risk, the more profit you will get
The coin that looks overvalued can bring you to the huge loses instantly without needed a lot of time. it's better to choose the potential altcoin consider about it has the a lot of room to growth compared with major coins.
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July 18, 2020, 03:32:37 PM
 #362

The topic should be moved to
https://bitcointalk.org/index.php? board=67.0
Top altcoins? Like from the top 100? Top 50? Or what. The top altcoins are no benchmark for your safety.  

Agreed. No system is safe in cryptocurrency even tho its in toplist. Market is so volatile that will wrecked your capital without prior knowledge of what you're doing. Stay informed.
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July 18, 2020, 04:10:25 PM
 #363

If newbies have no single experience about crypto and it's a must for them to invest then top altcoins are the best options but I recommend top 10 altcoins in this condition, anything under top 10 can still lose position, I'd rather spend time to learn and rush to invest

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July 18, 2020, 04:15:48 PM
 #364

Seek for more crypto knowledge before investing in new projects, it's not always that easy to choose, as a newbie it's better to stick with old top altcoins on coinmarketcap, why? Because many newbie are in rush to make fast returns, if you are this type pls go for better top coins, 90% of new coins aren't serious at all, they are here to steal money from investors and give fake promises in return

Newbies are safer with top altcoins until they start learning how to choose wisely, do better diggings on new project to avoid scams

Cov-19 have been used to scam many newbies and even Corona virus coins are built too which have no real use cases

Play safe and be willing to learn

I agree if you are new to crypto than you should for sure stick with the top coins on the coinmarketcap because crypto markets are very volatile and investing in top coins might safeguard your funds.

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July 19, 2020, 08:46:37 AM
 #365

Top altcoins aren't 100% safe either since they aren't stable coins and also remember that projects that aren't scam can still fail because of other problems but new projects are 80% famous to be a hit and run projects

If altcoins were stable coins, what would be the point of cryptocurrency at all? Not only cryptocurrencies, but also the us dollar, are 100% insecure. Those who cannot independently evaluate the project, it is better to stay away from all new ICOS and buy altcoins after they are listed on the exchange.
we we will not find opportunity in altcoin if this price stable. as a traders we always trying to get best entry level and it happen on market with high volatility, ofcourse we will face risk that may occur when we take position. ICO's now not be a trend and full of risk , better to pick coin that already existing for long time in crypto market

In this case, you can get the best entry point by participating in the IEO. And if it is a good exchange, such as Binance, you can get 200-400% immediately after the end of the IEO on the exchange. And in the future, you have to decide for yourself whether to hold such a coin or sell it immediately.

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July 19, 2020, 08:59:46 AM
 #366

I agree with your opinion, now it's safer for beginners to invest in the top coins right now, don't be too ambitious when looking at opportunities that are temporary and a lot of coins lately in the name of helping COVID-19, so be careful before investing in cryptocurrency

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July 19, 2020, 09:04:30 AM
 #367

Agreed but non top altcoins have better return of investment, it's better to advice newbies to start learning so that they can take advantage of new coins with interesting utility so that they can make good ROI holding such coins, top altcoins are safer but I am on here for better ROI, I'm holding some top altcoins but I have more new altcoins
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July 19, 2020, 09:09:00 AM
 #368

I agree with your opinion, now it's safer for beginners to invest in the top coins right now, don't be too ambitious when looking at opportunities that are temporary and a lot of coins lately in the name of helping COVID-19, so be careful before investing in cryptocurrency

This is the best thing for new beginners as they can get under the trap easily when they see some lucrative returns which in the end could turn out to be scam and if invest in it will lead to loss. So better to stay invested in the top altcoins initially and once made some profit then one can take some risk to invest in the new coin which they feel like to invest.
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July 19, 2020, 09:56:57 AM
 #369

In my opinion the newbie doesn't have to always play it safe with top altcoins, if the new coins promise and give a bright future why not? The choice is in each your hand.

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July 19, 2020, 10:08:41 AM
 #370

It is right to say starting with existing top altcoins for newbie is preventive for newbies against loss of fund. Getting a worthy and non-scam project may be difficult for newbies to determine most especially when there is no one to give a guide. The altcoins like dogecoin, BAT, and so on are worthy investments a newbie can go for in order to stay in the cryptocurrency communities to learn more
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July 19, 2020, 12:07:43 PM
 #371

On Rank of my Top 10 Altcoin List is LINK one of the best cryptocurrency to invest in 2020, Chainlink figured out how to get information in and out of a blockchain in a way that is secure, trustworthy, and decentralized. Sources of data between the blockchain and the “real” world, known as oracles, no longer needed to be a single point of failure for a smart-contract-program.

Every good Top 10 Altcoins list must start with the cryptocurrencies.
Ethereum (ETH)
Chainlink (LINK)
Basic attention token (BAT)
Komodo (KMD)
Bitpanda Eco System Token (BEST)
Ripple (XRP)
Litecoin (LTC)
Tether (USDT)
Monero (XMR)
Binance Coin (BNB)

Coin prices we can track from the Crypto market Analysis platform tokenncoin.
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July 19, 2020, 12:12:22 PM
 #372

It is safe for us if invest in the top altcoins in this market, I have been in this market for many years and have invested in a lot of altcoins. Honestly, altcoins other than the top 100 will never get you too much profit, most of them will become scams and cause you to lose money.

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July 19, 2020, 12:37:16 PM
 #373

I agree with your opinion, now it's safer for beginners to invest in the top coins right now, don't be too ambitious when looking at opportunities that are temporary and a lot of coins lately in the name of helping COVID-19, so be careful before investing in cryptocurrency

If you have the ability to take risk, then you can invest a part of your money (maybe 10% or 20%) in the new high risk coins. I am not a big fan of such coins. But in the past there were rare occasions, when I myself got benefited from such cryptos. So it will be ethically wrong for me to degrade all the new cryptocurrencies. But once again, you should take only as much risk, as you can afford.
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July 19, 2020, 12:41:05 PM
 #374

It is right to say starting with existing top altcoins for newbie is preventive for newbies against loss of fund.

in the top 10 cryptocurrencies we have:

XRP = waste of money and time

Bitcoin Cash = waste money and time

Bitcoin SV = waste money and time

that's why I think people should start with bitcoin only and after having experience they can buy altcoins




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July 19, 2020, 03:18:11 PM
 #375

Top altcoins meaning their price are more stable than other coins. This time newbies were like on trial to have a chance to get to know how the market work (demo account like stock market). Once they have learn the basics which will allow them to go for a more risky investment.
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July 19, 2020, 03:44:49 PM
 #376

Yea top altcoins are more stable that new altcoins but new altcoins is where the real fun lies, you can get the unexpected results from new projects so I think it's better if you take risks with new projects once in a while, all you need to do is learn how to find real gem altcoins
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July 19, 2020, 04:03:40 PM
 #377

If newbies have no single experience about crypto and it's a must for them to invest then top altcoins are the best options but I recommend top 10 altcoins in this condition, anything under top 10 can still lose position, I'd rather spend time to learn and rush to invest
It is the safest way for newbies that wont like to waste time to acquire coin in this present market. I advice interested friends that this is a good time to get into cryptocurrency. Buy the established coins on the top 50 CMC except ripples, get a good wallet and prepare for 18 -24 months from now. Newbie can only attempt new coin after spending good time learning to identify good project and select coin with good volume exchange list.

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July 19, 2020, 07:10:59 PM
 #378

Top altcoins meaning their price are more stable than other coins.

I still think that the top 10 cryptocurrencies have some dangers:

XRP reached  $3 and today does not even exceed  $0.20

Bitcoin Cash reached  $3000 and today it does not even exceed  $250

Bitcoin SV reached  $350 and today it does not even exceed $200


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July 20, 2020, 06:31:53 AM
 #379

Top altcoins meaning their price are more stable than other coins.

I still think that the top 10 cryptocurrencies have some dangers:

XRP reached  $3 and today does not even exceed  $0.20

Bitcoin Cash reached  $3000 and today it does not even exceed  $250

Bitcoin SV reached  $350 and today it does not even exceed $200


It's hard if you compare them to ATH, even Bitcoin has dropped twice from ATH and made many people lose money. Investing in this market is risky and the top altcoins only help you limit the risk, if you do not analyze before investing, I believe you will always lose.
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July 20, 2020, 07:27:23 AM
 #380

Everyone are safer with top alts. only ±10% of them were succesfull. Pumps and dumps is not a solution
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