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Author Topic: Newbies are safer with top altcoins  (Read 5234 times)
G.Belaci
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June 29, 2020, 09:55:31 AM
 #261

I think top ten altcoins in WorldCoinIndex market are most popular cryptocurrencies because they have demand in market and those coins also circulating in market so that they have ranked.



Source: WorldCoinIndex
Phoenix_PROG
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June 29, 2020, 11:31:12 AM
 #262

Top altcoins are just safer for newbies, only very few new projects grows very well today, out of 100% new projects only 10-15% are worth your money, why taking risks with new altcoins when you can invest on altcoins that have proven to be really good? The choice is yours
rezakurnia66
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June 29, 2020, 11:52:38 AM
 #263

It is a must-understand for beginners that trading Crypto-assets is a high-risk activity. If they know that this is a risky activity, I hope they have the patience and the passion to learn. Many of these beginners are too quick to want a big profit, while they don't know about the development of crypto coins. And that happened they suffered a loss. Bitcoin and Ethereum are good solutions for beginners to learn to trade.

New Altcoins now do not have good quality and many new coins are fake. Before deciding to buy coins. A lot of learning and reading about the development of crypto coins will help you.

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June 29, 2020, 11:59:21 AM
 #264

Top altcoins are just safer for newbies, only very few new projects grows very well today, out of 100% new projects only 10-15% are worth your money, why taking risks with new altcoins when you can invest on altcoins that have proven to be really good? The choice is yours
The new project is indeed quite risky now and in my opinion it is better now to do research on all existing projects to be able to get a project that is worth it so that it can indeed get a lot of benefits from these investments

coinsycrip09
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June 29, 2020, 12:08:09 PM
 #265

absolutely right
and maybe this is not only for newbie, but for all crypto investors to reduce the risk and avoid scams from new project

well, i agree with your opinion, it's not just for the newbie, all investors who want to find safe and reduce the risk of losing a lot of money can choose a coin that is ranked 1-5 in CMC.

but for some people do prefer to invest in new coins because even though the risk of losing is very large but the benefits will also be very much. that's why there are still some people who prefer to invest in new projects.
Reatim
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June 29, 2020, 12:53:53 PM
 #266

Top altcoins are just safer for newbies, only very few new projects grows very well today, out of 100% new projects only 10-15% are worth your money, why taking risks with new altcoins when you can invest on altcoins that have proven to be really good? The choice is yours
But newbie mostly don't know how to Keep holding instead all they want is to Profit immediately .

But for those ready to invest in long time then Yeah top 10 currency is the perfect choices.
In my Folio i have Bitcoin and also other Altcoins,but i also have tokens that i believe to have a good future.



that 10-15% most likely not legit,because the truth is out of 100 only 1-5 % is legit and those more than 95% are shits.









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pilosopotasyo
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June 29, 2020, 01:05:36 PM
 #267

the reason why newbies fall for scam projects mostly is because of the wrong information given to them by the people who introduce them to cryptocurrency. and also because of the desire to earn huge returns, they dont even bother to seek deep knowledge. so far so good, top altcoins like is much more safer for newbies. i recommend newbies should start investments with top altcoins.

I guess it's the early bird thing or FOMO, newbies are late and they want to find their project where they are the early bird so they look on new projects hoping to stumble their own early bird project they can call their own, in so doing they became a victim of scams.

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Script3d
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June 29, 2020, 01:24:39 PM
 #268

the reason why newbies fall for scam projects mostly is because of the wrong information given to them by the people who introduce them to cryptocurrency. and also because of the desire to earn huge returns, they dont even bother to seek deep knowledge. so far so good, top altcoins like is much more safer for newbies. i recommend newbies should start investments with top altcoins.

I guess it's the early bird thing or FOMO, newbies are late and they want to find their project where they are the early bird so they look on new projects hoping to stumble their own early bird project they can call their own, in so doing they became a victim of scams.
There's almost little to no hope for new projects right now since most of them are scam and i think the safest crypto currency to invest in is bitcoin. greed will bring the demise of people.
reliable
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June 29, 2020, 01:41:29 PM
 #269

Of course, playing it safe is a very appropriate step in investing in the world of cryptocurrency not only for beginners but for people who have long jumped into the world of crypto, it is also better to implement the same thing.

Investing in top altcoins is the key when you must make money in the all the terms like short, long and medium term because you are on a little safer than investing in the new projects or on less known coins. Though for people who have money or can take the risk can do invest in less known coins and have the good future. But for people who cannot take risk then for them it is advised to stay with top coins only.

totoy4741
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June 29, 2020, 02:03:31 PM
 #270

If you are referring to a completely newbie then I would say no, let say atleast with a little knowledge about crypto they are still not safe with top coins due to the fact that they don't have any idea how that market would move. But if they are just going to HODL and follow the bull and bearish pattern they I would say they a little bit safe. They need to learn more in order to survive in this kind of matter.
ongkok87
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June 29, 2020, 02:09:44 PM
 #271

Of course, altcoin which is ranked at the top is very good to invest because the risk is lower. I myself, although I already understand about altcoin, prefer not to take big risks by investing in the wrong altcoin because it is very risky. it's better to invest in a reliable altcoin.many losses that I have gotten due to wrong choice

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Helpme_please
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June 29, 2020, 02:21:10 PM
 #272

Top altcoins are just safer for newbies, only very few new projects grows very well today, out of 100% new projects only 10-15% are worth your money, why taking risks with new altcoins when you can invest on altcoins that have proven to be really good? The choice is yours
The new project is indeed quite risky now and in my opinion it is better now to do research on all existing projects to be able to get a project that is worth it so that it can indeed get a lot of benefits from these investments
existing project better for newbies which is have no enough knowledge. if newbies trying to buy altcoin meanwhile they dont know about the fundamental or developtment progress it will be very dangerous when wrong picking token or coin. they will buy on peak price meanwhile hype already end. this is mistakes that did by much investors.
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June 29, 2020, 02:24:44 PM
 #273

If you are referring to a completely newbie then I would say no, let say atleast with a little knowledge about crypto they are still not safe with top coins due to the fact that they don't have any idea how that market would move. But if they are just going to HODL and follow the bull and bearish pattern they I would say they a little bit safe. They need to learn more in order to survive in this kind of matter.
Yes, newbies who are still weak in terms of crypto knowledge are certainly not safe if they directly play in terms of trading, because crypto trading is a very risky job, so if there are newbies who immediately try it without first having knowledge, then they can be sure they will suffer losses. Because those who have experience in crypto can suffer losses, especially newbies who are still in the stage of introduction and learning.
IMAR
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June 29, 2020, 03:35:34 PM
 #274

Yeah, Newbies should stick on the safe side until they know what they are doing. There are plenty of scams out there that looks legit and attracts a lot of newcomers. So until you are ready on investing on smaller alts, Just stick to the big boys and who knows, Those coins can even earn you money.
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June 29, 2020, 03:51:11 PM
 #275

I would rather say "Newbies are safer with Bitcoin and a lot of research". It is not about an altcoin's rank as much as it is about the rush most Newbies have when it comes to bounties and purchasing every crapcoin possible and hoping for their little investment to turn into a fortune.

Ethereum is the second ranked cryptocurrency. Today, it still is seven times lower than its All-Time High. Compare that loss to Bitcoin's, which is still only half from $20,000. Perhaps it is better to put your eggs in multiple baskets, but with very volatile cryptocurrencies it could be an even worse idea.
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June 29, 2020, 04:38:21 PM
 #276

not always safe, look at the Ripple price, if you buy it at $ 0.2 then now you will lose money,
there is no guarantee for you to be safe

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June 29, 2020, 05:08:02 PM
 #277

not always safe, look at the Ripple price, if you buy it at $ 0.2 then now you will lose money,
there is no guarantee for you to be safe
It all depends on your experience, if you have experience, you will always be profitable even if those altcoins are in the top 100 coinmarketcap. And if you invest without experience then you will always lose, whether you buy bitcoin or ETH ..
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June 29, 2020, 05:26:48 PM
 #278

not always safe, look at the Ripple price, if you buy it at $ 0.2 then now you will lose money,
there is no guarantee for you to be safe

I have posted about Ripple manytimes in the past. It is one of the most unreliable cryptocurrencies, with almost zero decentralization. It's circulating supply distribution is shady, but according to the estimates close to 80% is being held by a handful of promoters (either directly or indirectly). Now the problem is that these guys can dump their coins at any time, and it will crash the exchange rates by 90% or more.
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July 02, 2020, 01:43:08 PM
 #279

Don't be tempted going to top altcoins, most of these altcoins are not with good reputation as far as the cryptocurrency is concern. Tether as altcoin is one of those altcoins on the top but not safe for anyone who is holding them as portfolio, tether can disappear from the cryptocurrency family or funds can be frozen without the consent of the holders. Personally, I don't like altcoins, but always friendly with Bitcoin whenever I think of investment. This coin has the reputation anyone can just hope on, bitcoin should be more safer for newbies than altcoins.

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July 02, 2020, 01:48:50 PM
 #280

beginners will indeed be better off having top market assets because their markets are better. I try to suggest having a LINK at this time. a lot of talk about their platform. I think a big adoption will happen. LINK has good potential for starting a pump on the market.
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