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Author Topic: Newbies are safer with top altcoins  (Read 5316 times)
magnum cyber
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May 02, 2020, 08:01:31 PM
 #121

usually new projects that are generated from the ico project don't always produce sweet fruit. New projects or new coins are more risky than other top coins. for me personally to secure your money then invest only with the top altcoin and do not miss btc investment.

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May 02, 2020, 08:35:18 PM
 #122

yes that's right, the top 10 crypto is a safe choice for investment for beginners, especially not fake volume but there is another option that is the IEO launchpad in binance there always ROI is also good for beginners

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May 03, 2020, 04:04:04 AM
 #123

Indeed, top coins are safer to buy because the value is more stable than other coins.
But if the newbies have some money, they can put trust on new altcoins by buying the coins.
Of course with some research about the coin first, otherwise they will waste their money.

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May 03, 2020, 04:38:56 AM
 #124

I do not like the term safe and we should change it as less risky, yes it is true that the risks are lesser if we will make investment with the top altcoins in terms of market capitalization because of the liquidity. I think the problem why many new traders that are losing in the market because of the cheap thinking where they are buying shitcoins that are look cheap because they think when the price become valuable, they will earn huge money. That kind of thinking is the major reasons why only few traders that are surviving in the market. It is really better if we will invest first in the top altcoins like ethereum, xrp and many more due to the lesser risks.

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May 03, 2020, 05:05:04 AM
 #125

I do not like the term safe and we should change it as less risky, yes it is true that the risks are lesser if we will make investment with the top altcoins in terms of market capitalization because of the liquidity. I think the problem why many new traders that are losing in the market because of the cheap thinking where they are buying shitcoins that are look cheap because they think when the price become valuable, they will earn huge money. That kind of thinking is the major reasons why only few traders that are surviving in the market. It is really better if we will invest first in the top altcoins like ethereum, xrp and many more due to the lesser risks.

Investing in coins or tokens that are in the top ranking will make us more comfortable even though I think cryptocurrency is an investment asset that is quite high risk. I think that cryptocurrency will be increasingly recognized by many people and may also be an alternative investment that can provide benefits for investors
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May 03, 2020, 05:58:27 AM
 #126

not only beginners but those who have long been in the world of crypto will also have top altcoin to minimize the risk they can accept. it's just that, for some beginners, they can not distinguish which is the top altcoin, and also not. this happened to my friend who saw that almost all cryptos were the same. however, they need to be educated before starting.

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May 03, 2020, 09:19:15 AM
 #127

An altcoin being on the "top" doesn't automatically mean it's a "safe" or good investment. I mean, take a look at it! The cryptocurrency market is full of crap. And not to mention that bitcoin is risky and volatile enough for the typical inexperienced investor, and you're going to say that it's better for them to buy coins like Ripplecoin a.k.a. fidget spinner coin? Worst investing advice I've read yet.


I will invest on any of these coins instead of new projects, they have failed me too many times and I don't want to keep doing that, time to move on to old and top altcoins, they are dependable than new coins that only aim on cashing out
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May 20, 2020, 02:14:27 AM
 #128

yes that's right, the top 10 crypto is a safe choice for investment for beginners, especially not fake volume but there is another option that is the IEO launchpad in binance there always ROI is also good for beginners
When you are choosing the crap exchange site to trade the top coins and you will be also getting fooled by the whales or exchange site. The fake volume comes to the crap exchange site and it doesn't have correlation with how good the coin is.
I think you should think for a twice about that.

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May 20, 2020, 02:24:30 AM
 #129

Investing in coins or tokens that are in the top ranking will make us more comfortable even though I think cryptocurrency is an investment asset that is quite high risk. I think that cryptocurrency will be increasingly recognized by many people and may also be an alternative investment that can provide benefits for investors
all digital assets have risks, but the top risk coins are not too high because the top coins are listed in markets that have high volumes, unlike new coins listed in markets that do not have high volumes, it will be difficult to take advantage
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May 20, 2020, 02:51:56 AM
 #130

I will invest on any of these coins instead of new projects, they have failed me too many times and I don't want to keep doing that, time to move on to old and top altcoins, they are dependable than new coins that only aim on cashing out
Investing in top coins doesnt mean of sure money. Its just that compared to new coins, well established coins are less risky and you have a high chance to profit if you follow the right strategy and mindet of an investor.

What important is you know how to do a research before investing because even old coins has risk.

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May 20, 2020, 03:01:01 AM
 #131

I will invest on any of these coins instead of new projects, they have failed me too many times and I don't want to keep doing that, time to move on to old and top altcoins, they are dependable than new coins that only aim on cashing out
Investing in top coins doesnt mean of sure money. Its just that compared to new coins, well established coins are less risky and you have a high chance to profit if you follow the right strategy and mindet of an investor.

What important is you know how to do a research before investing because even old coins has risk.


Yes, you are right with that. If the newbie doesn't know the simple rule in trading, which is buy low, sell high - he will still lose his money if he will not play his cards right. But investing in top altcoins is a better start to understand how crypto trading works. If he understands those coins, he can slowly proceed to other alts, but should be one at a time. Because it would be overwhelming if you follow a lot of alts being a beginner in crypto.
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May 20, 2020, 03:27:52 AM
 #132

I will invest on any of these coins instead of new projects, they have failed me too many times and I don't want to keep doing that, time to move on to old and top altcoins, they are dependable than new coins that only aim on cashing out
Investing in top coins doesnt mean of sure money. Its just that compared to new coins, well established coins are less risky and you have a high chance to profit if you follow the right strategy and mindet of an investor.

What important is you know how to do a research before investing because even old coins has risk.

Cryptocurrencies trading is somehow complicated investing in top 10 coins in coinmarket is not a guarantee of profit making I agreed with you on researching the market sentiments or behavior is the way out to making huge profits a newbie should just pick few coins make research on them and buy at low sell at high.

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May 20, 2020, 04:02:57 AM
 #133

Most crypto investors just want to be told "what to buy" and don't want to actually learn how the tech works, or any real details on the coins they are getting.

That is just not how crypto works right now. If you are not prepared to do tremendous amounts of real research and make your own well-informed decisions, then don't buy crypto.

Learn the history, learn the tech behind blockchain. Study the different platforms in-depth. People that look for shortcuts end up losing their asses.
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May 20, 2020, 04:06:05 AM
 #134

Covid pandemic issue is the easiest thing to create various activities or projects because all elements must have an impact and interested to find out more. well, for beginners start learning how to choose wisely.

Related selection of this top coin a good recommendation, at least they work and spend money and time in vain and have value. The development of the market situation and more hot news regarding finance also influences your decision making.

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May 20, 2020, 04:23:44 AM
 #135

In my opinion, projects based on the covid pandemic to attract interest are quite repugnant, their goals are almost not good and newbies shouldn't invest in them. The top coin is always a great choice for everyone, newbies can be assured of it.
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May 20, 2020, 04:36:12 AM
 #136

In my opinion, projects based on the covid pandemic to attract interest are quite repugnant, their goals are almost not good and newbies shouldn't invest in them. The top coin is always a great choice for everyone, newbies can be assured of it.

If it's good for old and experienced members it's good for newbies too. It's not possible to be good just for newbies, as they start from the beginning with already established coins and learning about them they have more chances to learn about what happened before, how to avoid traps, how to check some project. The best thing in crypto is probably the one where each of us is free to decide in which project to support, with time or money, or with both if you really believe in.



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May 20, 2020, 04:40:48 AM
 #137

For newbies i think what they should really be targeting should be is bitcoin and other coins below 1$ like Ripple, Tron and Stellar thats my own personal opinion
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May 20, 2020, 04:44:31 AM
 #138

I will invest on any of these coins instead of new projects, they have failed me too many times and I don't want to keep doing that, time to move on to old and top altcoins, they are dependable than new coins that only aim on cashing out
Investing in top coins doesnt mean of sure money. Its just that compared to new coins, well established coins are less risky and you have a high chance to profit if you follow the right strategy and mindet of an investor.

What important is you know how to do a research before investing because even old coins has risk.

Cryptocurrencies trading is somehow complicated investing in top 10 coins in coinmarket is not a guarantee of profit making I agreed with you on researching the market sentiments or behavior is the way out to making huge profits a newbie should just pick few coins make research on them and buy at low sell at high.

Exactly, sometimes it is unpredictable to justify the cryptocurrency investments, but investing's in top 10 altcoins will always have higher chances for the newbie to make a decent profit if they manage to hold a certain period of time. Top altcoins always have higher chances to increase their prices once the Bitcoin starts recovering.
adaseb
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May 20, 2020, 04:50:56 AM
 #139

This is no different than saying that most people who are new to trading stocks should just invest in bluechip stocks like Apple, Facebook, Google, etc instead of getting into penny stocks. Basically the top alt coins or bitcoin are obviously more safer because they have been around longer so the chances that they pull a 99% loss is slimer, however they are still possible.

One thing to consider is this. One time a few years back when BTC was $1 or so, it was also considered a risky penny type stock investment, however if you invested then at $1 you could of made $20K per coin that you bought. Hence this is the reason why many newbies invest in risky small cap altcoins. They invest little like $100, so if it goes to 99% loss they don't lose much but if the alt-coin gets a good exchange listing like Binanace and ends up going up 100x then the pay-off will be big.
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May 20, 2020, 05:15:18 AM
 #140

At present, there are many altcoins that are not in demand because the crypto market is currently very unstable and also many new altcoins are popping up
for now, not only newbie but for all traders it is safer to invest in altcoin which is old and has many fans in the crypto market
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