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Topic: Newbies are safer with top altcoins (Read 5234 times)
concept2
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Re: Newbies are safer with top altcoins
July 02, 2020, 01:49:03 PM
#281
Yes yes, I agree with your point. If you are a newbie in this crypto field, dont bother coins which are not in the top 10 cause they are created for no reason but to steal your money and efforts. Be wise you are trying to duplicate your investment. When you are good enough, you can try them. As you always know: the higher the risk, the higher the reward. Holding shitcoin gives you a lot of stress and sleepless nights wondering when my coins will increase back to the normal.
If you dont know where to put your money, I suggest Ethereum. Its underrated for more than a year. Ether will soon shine again
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bitgoldpanther1978
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Re: Newbies are safer with top altcoins
July 02, 2020, 01:51:52 PM
#282
In terms of top altcoins I think XRP is one of the good to trade in the market. Or you can choose top altcoins listed in the exchange platform where it is also listed on top exchange at the coinmarketcap as well something like that. Because, this what I did for a couple of months now in crypto business.
Arkann
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Re: Newbies are safer with top altcoins
July 02, 2020, 02:51:46 PM
#283
Quote from: calandra78 on July 02, 2020, 02:01:04 PM
Quote from: bitgoldpanther1978 on July 02, 2020, 01:51:52 PM
In terms of top altcoins I think XRP is one of the good to trade in the market. Or you can choose top altcoins listed in the exchange platform where it is also listed on top exchange at the coinmarketcap as well something like that. Because, this what I did for a couple of months now in crypto business.
for now, XRP does not have a good market for a trade. look at its value I think it fell pretty deep and the repairs that it tried to do happened very slowly. in the past, XRP was indeed a very good asset. now it still looks good but it's not so profitable. just try to see LINK and BCH. I put most of my money into the project.
I think that in the near future Ripples will have very difficult times and the corresponding problems will very much affect the price of the XRP coin in the cryptocurrency market. Not so long ago, in May this year, Bitcoin Manipulation Abatement experts accused California startup Ripple and project CEO Brad Garlinghouse of tricking their investors and artificially creating XRP demand in the market to achieve their enrichment. In addition, I want to note the fact that the complaint has already been submitted to the judicial authorities and it will essentially be examined by the District Court of Northern California. perhaps that is why not only investors, but also traders tensed and volumetric trading has already begun to melt.
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Re: Newbies are safer with top altcoins
July 02, 2020, 02:58:46 PM
#284
It's a lot safer to invest in top coins if you are newbie, it's not easy trying to figure out which new projects are real nowadays, for every newbies it's better to spend time trying to figure out which project are good or bad, it can be tricky some times
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Re: Newbies are safer with top altcoins
July 02, 2020, 04:07:16 PM
#285
I prefer holding ethereum and Bitcoin only for long term but when it comes to other altcoins especially new altcoins I tend to hold for short term, even big altcoins of 2019 have all lose value on binance, that's a big point that new altcoins are bad for long-term hold
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Re: Newbies are safer with top altcoins
July 04, 2020, 10:51:17 PM
#286
Quote from: Claudio99 on July 02, 2020, 04:07:16 PM
I prefer holding ethereum and Bitcoin only for long term but when it comes to other altcoins especially new altcoins I tend to hold for short term, even big altcoins of 2019 have all lose value on binance, that's a big point that new altcoins are bad for long-term hold
thats right, learn from the past is the best way for us now
because no body know what will happend with the crypto market in the future
maybe to reduce our risk in crypto investments bitcoin and eth is the best choice for now
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Re: Newbies are safer with top altcoins
July 04, 2020, 11:34:02 PM
#287
I think so. It is the safest and best thing to do for the newbies while they are still into the exploration of the other Altcoins that can be found in the market. But surely most of us would also prefer getting into the top Altcoins as well because it is already proven to be safe and worthy to invest with.
For the newbies, sticking into the top Altcoins will be a first step on knowing the other existing cryptocurrencies other than Bitcoin. It is fun and exciting to explore other Altcoins if you are already familiar and knowledgeable about them. But while you were just starting and learning, it is best to stick into the top Altcoins first until you already know how to explore and take the risk on getting into the other Altcoins.
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NS-Soul
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Re: Newbies are safer with top altcoins
July 04, 2020, 11:39:11 PM
#288
Quote from: Greatdev on April 28, 2020, 02:52:43 PM
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
Based on my understanding not all in the top of crypto are safe it can be change if they failed their project if they want to invest they must study and learn from the basic, not just basing on the top they must know the project well and don't go with the hype or else the newbies money will be nothing.
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Re: Newbies are safer with top altcoins
July 04, 2020, 11:41:21 PM
#289
Quote from: cryptonx on July 04, 2020, 10:51:17 PM
Quote from: Claudio99 on July 02, 2020, 04:07:16 PM
I prefer holding ethereum and Bitcoin only for long term but when it comes to other altcoins especially new altcoins I tend to hold for short term, even big altcoins of 2019 have all lose value on binance, that's a big point that new altcoins are bad for long-term hold
thats right, learn from the past is the best way for us now
because no body know what will happend with the crypto market in the future
maybe to reduce our risk in crypto investments bitcoin and eth is the best choice for now
There are some factors that will be very important to be considered to decrease our chance to get scammed and these factors were owned by the major platforms like traded on the various major exchange sites, it has a good product and very big demand to the platforms and many more. The newbie is better to get the safe zone.
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JeffBrad12
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:23:07 AM
#290
Quote from: Mealea on July 05, 2020, 02:41:36 AM
It is far better to play around with top altcoins as a newbie than to try experimenting with shit coins. In order to minimize loss in the crypto market you must learn how to navigate your way around. Don't just invest in just any coin if you don't have the needed experience, you can save yourself from loss by considering top coins.
there are some some underrated coins that could be a goldmine aswell but to see or find that, we need a long experience and good eyes to see through though despite of that, we could still fall into a trap. considering that most of the newbies haven't yet experienced the bitter result of being greedy it's kinda true that they should just stick with a coin that won't get dumped to the bottom overnight.
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Re: Newbies are safer with top altcoins
July 05, 2020, 06:54:02 AM
#291
Newbies are safer with top altcoin? Where is this coming from?
Is there anything like safe altcoin investment for newbies? Crypto ivestment is very risky and every beginner should be looking for knowledge first, even bitcoin is too volatile for some of the experienced and knowledged An altcoin topping today isn't a prerequisite for "safety".
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Re: Newbies are safer with top altcoins
July 05, 2020, 09:54:30 AM
#292
unfortunately everyone's thoughts are different there are those who want to learn and some who want to directly produce without knowing anything.
so everything goes back to the individual, it's true that most of the new projects now are scams, but if you manage to find a good one among scams, the return that is given is also great.
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suzanne5223
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Re: Newbies are safer with top altcoins
July 05, 2020, 01:48:16 PM
#293
Quote from: GreenStox on July 05, 2020, 09:54:30 AM
unfortunately everyone's thoughts are different there are those who want to learn and some who want to directly produce without knowing anything.
so everything goes back to the individual, it's true that most of the new projects now are scams, but if you manage to find a good one among scams, the return that is given is also great.
As you have said about some individuals that want to produce without knowing anything so managing to find a good project is enough in the crypto market we are in now because things are changing and if you check the top 100 coin list youll see that some new orojects have claimed some spot.
What i'm trying to point out is that managing and rely on top altcoins as investment can lead to loss.
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Ceyflix-Rez
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Re: Newbies are safer with top altcoins
July 05, 2020, 02:22:55 PM
#294
Altcoins are unreliable and most times they aren't safe, you have to know how to manage risks very well before choosing altcoins but top altcoins are just safer than others, if you are newbie to crypto its better to follow OPs advice
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witbla
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:56:15 PM
#295
What I would say here - nothing depends on one component only. What basically makes sense - complex approach towards solution analysis. And I am sure that only such strategy leads to right decisions, while choosing ones
hwteeer
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:56:30 PM
#296
Quote from: witbla on July 05, 2020, 04:56:15 PM
What I would say here - nothing depends on one component only. What basically makes sense - complex approach towards solution analysis. And I am sure that only such strategy leads to right decisions, while choosing ones
Hey. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else
witbla
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:57:06 PM
#297
Quote from: hwteeer on July 05, 2020, 04:56:30 PM
Hey. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else
This is absolutely true. And great strategy here is going for the solution in the niche you are into. For example, I am excited by investments and economy field. Thus, I was very interested to find a unique and professional blockchain based solution
hwteeer
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:58:46 PM
#298
Quote from: witbla on July 05, 2020, 04:57:06 PM
This is absolutely true. And great strategy here is going for the solution in the niche you are into. For example, I am excited by investments and economy field. Thus, I was very interested to find a unique and professional blockchain based solution
Hmm, interesting industry for blockchain implementation. And have you finally found worthwhile one? Very interested to know
witbla
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Re: Newbies are safer with top altcoins
July 05, 2020, 04:59:13 PM
#299
Quote from: hwteeer on July 05, 2020, 04:58:46 PM
Hmm, interesting industry for blockchain implementation. And have you finally found worthwhile one? Very interested to know
The one I would recommend you to have a look at is Centric token. Centric is a web 3.0-based payment network composed of two digital tokens that promote stability, incentivize structure for early adopters, and safely store value. The exchange between the two tokens is governed by a decentralized smart contract and a self-regulating protocol. But you should better Google guys to check out more on what they are bringing
filterMX
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Re: Newbies are safer with top altcoins
July 05, 2020, 05:15:34 PM
#300
Many new coins aim to get as much profit as possible from investors, but some are not like that, so beginners are better off investing in the top coins on the CMC site, to avoid big losses later.
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