southerngentuk
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July 05, 2020, 05:22:51 PM |
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The leading altcoins in this market will limit the risk for investors. But it can still be a loss if you do not know the trading or choose the right time to invest, always research and have a clear strategy before making investment decisions in this market.
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Review Master
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July 05, 2020, 06:04:17 PM |
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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
All top altcoins aren't safe either because there are some altcoins which get in the top list all one a sudden by fake trading volume . But it's true that anyone can trade or invest in not only top but also unique altcoins which are going to have some major events in the upcoming months or weeks. Thus, any newbies can make some profits and will be safe in alt markets. If any newbies can't control their emoitons on sudden small dump than it's better to stick with Bitcoin and Ethereum, IMO.
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Untomabur
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July 05, 2020, 06:32:57 PM |
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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.
absolutely right, I'm also afraid to invest in more than the top 10 coinmarketcap, but I see the top 10 times the increase is not like other coins, what do you think?
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Danslip
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July 05, 2020, 06:35:52 PM Last edit: July 09, 2020, 03:43:33 PM by Danslip |
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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.
You are definitely right about that, newbies can fall into scams so easily. But no doubt top altcoin investment is better and safer way than other ways to make money. With this way they can save them from losing money, if you don't have enough knowledge about investing, you must learn about investing and then you can invest in any coin. As you said top altcoins investment is the best step if you are new here, step by step it can be great for you to begin with top altcoins
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iv4n
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July 05, 2020, 06:43:38 PM |
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The leading altcoins in this market will limit the risk for investors. But it can still be a loss if you do not know the trading or choose the right time to invest, always research and have a clear strategy before making investment decisions in this market.
And we need to point something out, the risks for all investors, new or old one we all risk! And of course it's safer to invest in already established projects that are popular, you can't make a mistake with investing in that. I think each of us should decide why we are here? Just for profit, short or long term, or you like an idea and you are here to support blockchain in the way you know?! Sometimes the safer option is not the best option for you, maybe you don't wish safe, maybe you wish to risk and to make some changes.. Think about it...
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Kopetunto
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July 05, 2020, 06:47:07 PM |
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it has been recommended by everyone, that top altcoins like Cardano, Ethereum, Eos, Ripple are good investments in the future, for now, because the prices I see are still below, but I'm sorry if people are still holding their investments since early 2018 , hopefully altcoin can return to that price again
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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July 05, 2020, 07:54:36 PM |
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it has been recommended by everyone, that top altcoins like Cardano, Ethereum, Eos, Ripple are good investments in the future, for now, because the prices I see are still below, but I'm sorry if people are still holding their investments since early 2018 , hopefully altcoin can return to that price again
Kopentunto it's better to invest in some well-established project and safer as well, than to risk with the projects you don't know anything about. Future is unpredictable for all of us, but some scammers are trying to get the money at all costs, it's why it's better to stick with the community and to invest where all others are investing.
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ZincUnrated
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July 05, 2020, 10:27:48 PM |
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Not isn't applicable to only newbies but everyone looking to trade or invest in good coins in the market. There is too much risk associated with the lower coins which maybe very damaging in the long run considering how volatile the crypto market is. Some of this unpopular projects could just go extinct without you knowing leading to loss of massive investment amounts but with the more popular and renowned projects, the possibility of them folding up is slimmer and that alone brews confidence for anyone investing in them.
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Awraawra
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July 05, 2020, 11:55:26 PM |
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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
Yes newbie are safer in top altcoins but it's up them how choose wisely before they invest their money. Many newbie now are smarter they do search more before they buy altcoins. But some newbie are not do search before they buy altcoins then after ward they lose their money. So much better to search well and choose wisely before buy altcoins.
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lienfaye
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July 06, 2020, 02:04:50 AM |
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it has been recommended by everyone, that top altcoins like Cardano, Ethereum, Eos, Ripple are good investments in the future, for now, because the prices I see are still below, but I'm sorry if people are still holding their investments since early 2018 , hopefully altcoin can return to that price again
Top altcoins are always recommended to beginners because of less risk compared to new coins sprouting or in coins that already been here for years but not establish yet. However it doesnt mean of for sure profit since the market is unpredicted and we dont know the movement of each coins when the market turns bearish.
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Skinny48
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July 06, 2020, 06:04:47 AM |
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Not all newbies will like to play safe but I will just advice them to put learning first, to make good ROI from crypto taking risks is a must, not just on top altcoins but on few new altcoins that still have low marketcap, they are high risky but they can bring huge ROI
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naikturun
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July 06, 2020, 08:23:34 AM |
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it will not have a big effect, if they still buy top altcoin in bad market conditions they will still lose, the most important thing is to study market movements or analyze the coins to be bought. no problem altcoin is not good even if you buy it at the right time you can still make money from it.
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sandra_x
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July 06, 2020, 05:13:47 PM |
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The top altcoins are less susceptible to wide swings in price, the have higher market caps and the teams are less scammy, Many have spent considerable length of time developing their platforms, less pumps and dumps. They are less risky
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Zazzu
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July 06, 2020, 05:14:33 PM |
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It would be safe investment if he hold for long term or wait until the price increase and yes newbie should better invest in the top altcoins because new coins in the market are more risky.
Hold altcoin in the long run is not a good option. For example, if you bought altcoins from 2018-2019, until now you have lost at least 3-10 times. So research carefully when investing, only short-term investment for altcoin
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Looper_U
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July 06, 2020, 05:21:30 PM |
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I have too many bad experience with new altcoins and now I end up knowing what's good for me, maybe if I've never took those risks I'd never be as good as I am today? I am a crypto adventurer, if you don't like taking risks too much it's better to avoid new coins, many new developers only have plan of getting rich from blockchain projects
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ElmedoRator
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July 06, 2020, 05:26:10 PM |
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The top altcoins are less susceptible to wide swings in price, the have higher market caps and the teams are less scammy, Many have spent considerable length of time developing their platforms, less pumps and dumps. They are less risky
I think that the top altcoins in this market will be hard to collapse, if buying altcoins outside the top 100, the price may collapse several times in a short time. But for the top altcoins, that will never happen
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ameliana
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July 06, 2020, 08:04:59 PM |
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if your goal is to invest safely then you don't need to bother to choose the crypto you want to invest with, just only with the highest altcoin or especially with BTC. but to get a profit in investment also requires time or process, even you will never know that it turns out that the coins you invest can increase at any time.
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Santri
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July 06, 2020, 08:27:00 PM |
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10000% I agree with what you say. because by choosing the top altcoins will minimize the loss of a lot of money, but as you say, if a newbie has to keep learning until he can choose a project that is worth investing in
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StephenJH
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July 06, 2020, 10:31:27 PM Last edit: July 09, 2020, 09:12:48 PM by StephenJH |
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10000% I agree with what you say. because by choosing the top altcoins will minimize the loss of a lot of money, but as you say, if a newbie has to keep learning until he can choose a project that is worth investing in
We can say that top altcoins investment is the safest investment, for that reason newbies must start with top altcoins. Maybe in this way they can get a lot of knowledge about investing, l think knowledge is more important than money. It will take a bit of time to learn this world, but it will absolutely worthwhile. Indeed sometimes knowledge can not enough for making something better for you, but l think it is an important part of the crypto world.
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Free1bitco.in
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July 07, 2020, 08:03:38 AM |
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it will not have a big effect, if they still buy top altcoin in bad market conditions they will still lose, the most important thing is to study market movements or analyze the coins to be bought. no problem altcoin is not good even if you buy it at the right time you can still make money from it.
it really depends on market conditions. it's just that, the top altcoin has more potential to rise than others. in addition, the development of top altcoin always coincides with bitcoin, so beginners only need to find information about bitcoin that has quite a lot of information compared to certain altcoins. even top altcoin also has a lot of information that is easy to get.
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