Newbies are safer with top altcoins

[Sophia Portera]

When you are new in this business the easiest way is to invest in the top 10 of the cryptocurrencies.

list of cryptocurrency of this day

[MCobian]

It's true that newbies are easily fooled by new projects, now most new projects only give fake promises. Which after many newbie
investment that tokens suddenly dropped, avoiding new projects was the best decision. Choose the top altcoins which are safer,
although in the near future the top altcoins will experience a price decline. But soon the price will definitely rise again, so it is relatively
safe to invest in top altcoins.

[memed97]

When you are new in this business the easiest way is to invest in the top 10 of the cryptocurrencies.

list of cryptocurrency of this day

Not only on that site one can take references for investment, but on coingecko sites and coinmarketcap sites can also, just in terms of investment is not enough just to know a reference, but also need knowledge in managing and controlling the capital that we spend so that we can easily in calculating profit or loss.

[jcpone]

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

maybe if the altcoins are listed on coinmarketcap I could say it is a good place to buy. However, if you will try to invest in any form
of the ico project campaign, I doubt its a good place to invest in, due to most of them are not good and some are scams in the end.
But of course, you need to make your own research about altcoins.

[elisabetheva]

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

maybe if the altcoins are listed on coinmarketcap I could say it is a good place to buy. However, if you will try to invest in any form
of the ico project campaign, I doubt its a good place to invest in, due to most of them are not good and some are scams in the end.
But of course, you need to make your own research about altcoins.

what you say is the safest alternative, keep holding the highest altcoin on the cmc and holding it until the right time to sell. in fact what is said by the OP is not only for newbies but who have been in business for quite a long time also often face the reality of fraud committed by a handful of people who want to make a momentary profit. actually the situation was quite good at the beginning of the year 2020 but because of the pandemic many were looking for pandemic opportunities to fool investors and bounty hunters.

[bigcash2011]

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

Not only newbies but every crypto community members needs to stay safe during these tough pandemic days not only from this corona virus but also these money viruses that come up with scam coins sell them to innocent people with promises of huge returns and then exit scamming people.
People here should also be mature enough now to find suspicious and worthless coins and know to ignore them, stick to quality coins and projects only.

[nutriagrigia]

That is absolutely true for newbies. They have too little experience to choose to invest in new projects. However, choosing the top altcoins is less risky but means that they will make less profit. Profits always come with risks, so I always advise them to stay here long enough to make a profitable investment.

I do not think that the old projects that are now in the top will all be promising. I do not see the development of many projects and maybe they simply will die after some time. no matter how big their capitalization is.

[ZincUnrated]

This is indeed the rule of thumb for every newbie who wants to engage the idea of investing in crypto assets. Never dabble into the unknown coins or less known coins as these have a great way of ruining your investments. Always go for tokens or assets that are well known and seemingly stable in price movements or fluctuations. You have a great chance of having your investment percentages returned over a course of time but with unknown or less known assets, they could be pump and dumps that may actually take forever to recover thereby causing losses.

[coinsycrip09]

That is absolutely true for newbies. They have too little experience to choose to invest in new projects. However, choosing the top altcoins is less risky but means that they will make less profit. Profits always come with risks, so I always advise them to stay here long enough to make a profitable investment.

yeah, i know that.
both large profits and small benefits come from our courage to accept risk. if we dare to take big risks, the benefits we can also be large or vice versa.

i don't recommend investing in a new project, but if the project is very interesting and quite useful. i think, it won't be a problem if we invest a little money there.

[Tervelatuk]

new project will not always be dangerous investment place,some of them now give investors big gains. take a look at klay which is new project in cryptocurrency market and now we can see its price give huge profits. and many others new projects that have good quality. as investors and traders we must able to filtered new project that will be gems for us.

[sandos]

That is absolutely true for newbies. They have too little experience to choose to invest in new projects. However, choosing the top altcoins is less risky but means that they will make less profit. Profits always come with risks, so I always advise them to stay here long enough to make a profitable investment.

I do not think that the old projects that are now in the top will all be promising. I do not see the development of many projects and maybe they simply will die after some time. no matter how big their capitalization is.

After a period of operation, old projects will soon lose the community, and that will make investors tend to leave earlier. I think this is the general situation that any project is facing, so don't hold on for too long if you are not patient enough when choosing to invest. However, you can choose to invest safely by choosing only the coins in the top 20 because these are coins with good liquidity and always attract many new investors.

[princeyeboah]

In a certain aspect, yes, newbies are safe with already listed coins like the top altcoins on the market. This is because already listed or top altcoins are far from the category of being classified as a scam however, there is still the risk of losing investment especially when a newbie does not know when to buy dip, how long to hold and when to sell to make profits.

[joshua123]

new project will not always be dangerous investment place,some of them now give investors big gains. take a look at klay which is new project in cryptocurrency market and now we can see its price give huge profits. and many others new projects that have good quality. as investors and traders we must able to filtered new project that will be gems for us.

If the project is well maintained but if its like other new projects that are launched on small and scam exchange? What can you say about that. Klay is a huge project so definitely the risk is not compared to those pump and dump projects. How often you could find a hidden gem like that? Rare and most of them are really subtle on promotions due to peoples mind about hype.

[Pumuckel21]

Yeah this is like the stock market so new guys should stick to the blue chips and avoid gambling with penny stocks, if they do not understand their business model. The same goes for crypto until you have learned the basics

[Samayuki]

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 absolutely love your point, to me altcoins are just like making gamble, you can make big profits of course but at the same time you can easily lose it all, with Bitcoin its 90% harder to lose your money, it's a very serious project, 100% better than altcoins

[Google+]

new project will not always be dangerous investment place,some of them now give investors big gains. take a look at klay which is new project in cryptocurrency market and now we can see its price give huge profits. and many others new projects that have good quality. as investors and traders we must able to filtered new project that will be gems for us.

If the project is well maintained but if its like other new projects that are launched on small and scam exchange? What can you say about that. Klay is a huge project so definitely the risk is not compared to those pump and dump projects. How often you could find a hidden gem like that? Rare and most of them are really subtle on promotions due to peoples mind about hype.

I think the platform is not safe if used for new players to trade because I think trading for beginners is better to trade on altcoin which has a high trading volume and is ranked in the top 5 so that the risk of loss is smaller and will quickly get profit because it is more has a fairly fast price movement.

[@baoli]

Newbies have to realise that there is no safety in crypto anything can happen. Support zones can be broken and they lose money. There is nothing like top altcoin all can go down below newbies buy price

[Republikcoin.com]

Yeah this is like the stock market so new guys should stick to the blue chips and avoid gambling with penny stocks, if they do not understand their business model. The same goes for crypto until you have learned the basics

I also agree with this statement. however, most beginners don't know about popular crypto, so sometimes they try to invest in unknown altcoin, and they like it. many people are disappointed because one chose altcoin whose price was dumped after that.

[Furryball]

Blind invest is very common in crypto world, can't deny that I was a victim myself, 2017 crypto new got me good I guess, it's same mentality that many newbies still got in them today, they throw away research and decide to take unnecessary risks, the safest place to be is with Bitcoin

[Reatim]

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

Depend on what they wanna do in this market,If they want to Buy and Hold then they can use the currencies advised by you and those are the coins in Top ranks and stays here from long time ago.

But if they want to Trade?then they should use as materials in trading those fast moving currencies in market.
They might be Cheap and Low ranking but they can Give good movement if some Big traders bet on those coins and let them pump for just an hour,we have seen some coins or tokens like this that made more than x100 in their price for a short period of time and back to cheap again .