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Author Topic: Newbies are safer with top altcoins  (Read 5232 times)
Wingsbtc
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July 23, 2020, 07:54:16 AM
 #401

Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money

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July 23, 2020, 08:09:56 AM
 #402

Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
sometimes a lot of people are like that, they don't really understand cryptocurrency and don't really know where to enter because there are many new traders who still don't know the right position and sometimes they can't control their patience so they easily panic and others that make investment into it's useless because it's only getting losses.

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July 23, 2020, 08:10:12 AM
 #403

Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
Yes, it is certainly not wrong for a newbie recommendation that is just starting to open an investment, but learning about crypto for them is far more important than trying to invest but they don't have enough knowledge for it.
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July 23, 2020, 08:35:56 AM
 #404

Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
I think if we are talking about stability the top altcoins are not stable either. The problem that revolves around low rank altcoins are their market volume or liquidity that's kind of low. it got delisted by the exchanges and we're done for, the coin will have no value as there's no demand and no exchange to trade either.

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July 24, 2020, 06:11:37 PM
 #405

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss

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July 28, 2020, 01:44:59 PM
 #406

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss
Yes, if you buy a new crypto it will be high risk but it's different if you buy a reputable crypto in top 10, but not all new crypto ends up scam, there are some good and promising new coins like Hive

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July 28, 2020, 02:04:05 PM
 #407

Top altcoins and Bitcoin are more stable that's why they are recommendable for newbies who have less knowledge about crypto but it's best if newbies can learn on their own by doing research, it's better to understand what you are investing money on that just investing to make money
I think if we are talking about stability the top altcoins are not stable either. The problem that revolves around low rank altcoins are their market volume or liquidity that's kind of low. it got delisted by the exchanges and we're done for, the coin will have no value as there's no demand and no exchange to trade either.
We have to choose high liquidity on altcoin and I think this is already available in many large exchanges, don't be influenced by the hype because it will lead to a big dump so I think beginners better just top coins it will make it easier for them to do research.

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July 30, 2020, 11:06:47 AM
 #408

All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though
I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.
If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest
The top altcoins will not give you a guarantee for your investment to be profitable. I should remind you when the newcomers were taking the incorrect position and then they can get a big loss in a short time caused by the dump too. It's better to bet into the potential coin.

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bluebit25
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July 30, 2020, 11:26:50 AM
 #409

All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though
I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.
If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest
The top altcoins in this market can also make you lose if you have no investment experience. Remember in March 2020, prices collapsed a lot and the top altcoins in the market dropped 60% in just a few days.









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July 30, 2020, 01:59:01 PM
 #410

All top altcoins are far from their old ATH since 2017 but today they are still surviving, this can't be compared to many altcoins that are dead since bears took over crypto market after 2017, it's wise to follow OP advice here, strictly for newbies only though
I have been in this market for many years, but I still choose the top altcoins in this market to invest because it is really safe. Don't waste too much money on bullshit altcoins because in the long run its price will crumble many times and die.
If you want to be safe in this market and profit from it, the top altcoins in this market will be a good choice. And if you want to be more profitable, you need to take risks, look for new altcoins and invest

Investing in the new Altcoin is indeed too risky but if the project it works on can be profitable for the people who invest in it. but for now I think it is quite difficult to find a potential project, because the scammers are more cunning than we thought so that the scammers can find ways to get a lot of victims because they give sweet promises that people can trust

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July 30, 2020, 02:18:26 PM
 #411

As well as www.changenow.io is very easy to use for even newbies as it requires no special skill to use. It's a non-custodial exchange, No registration
Fast and easy swaps, 200+ coins supported, and 24/7 support service.

Is this a new exchange in this market? I tried searching for it at coinmarketcap but it seems they haven't listed it yet. It's too risky for us to invest and use the same new deals, it can crash and become scam anytime.

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Tahid12
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July 31, 2020, 07:54:41 PM
 #412

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss
Yes, if you buy a new crypto it will be high risk but it's different if you buy a reputable crypto in top 10, but not all new crypto ends up scam, there are some good and promising new coins like Hive
Of course available and i haven't said all new altcoin is scam. I said "most of" new altcoins is scam. Well its hard to find out new altcoins which is good and promising among all others altcoins available in market

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Ronaldcoin2017
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July 31, 2020, 09:04:36 PM
 #413

Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.
iged_war
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July 31, 2020, 11:30:05 PM
 #414

True. Cryto currency is not safe for newbies. Even most of new altcoins is scam, so buying any new altcoins can be the reason of occurring a Big loss. It's better to analysis before buying any altcoin. That can reduce the percentage of their loss
Yes, if you buy a new crypto it will be high risk but it's different if you buy a reputable crypto in top 10, but not all new crypto ends up scam, there are some good and promising new coins like Hive
Of course available and i haven't said all new altcoin is scam. I said "most of" new altcoins is scam. Well its hard to find out new altcoins which is good and promising among all others altcoins available in market
we should not generalize all new altcoin was scam project, just look at market many new altcoin show good performance in market and give gains to their investors.if we deeply research on this altcoin i am sure we will find new gem that be great project in future. but if we dont research maybe buying major coin be good advice.

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August 01, 2020, 08:05:34 AM
 #415

I agree. Tho I admit there'd be lesser returns since some have reached its peak and would take some time to rise again, its still safer for a newbie. newbies shouldn't dive in some unknown coins expecting a huge return.

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August 01, 2020, 10:07:51 AM
 #416

Yes well said, top altcoins are lot safer but rewards or profits are lesser than when taking risks with new altcoins, most profits comes from new altcoins and top altcoins give me less profits, I prefer buying new altcoins instead
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August 01, 2020, 10:13:53 AM
 #417

There is a misunderstanding when it comes to investing in altcoins, newbies are usually finding cheap altcoins that have low volume because they are expecting that it will become the next altcoin that will increase so much like the other altcoins but this kind of idea is wrong and it can be a liability for them because it can lead for them to incur losses. It is really better to invest in altcoins that belong with the top daily volume around different exchanges luke ETH,  LTC, BNB AND XRP. Patronize altcoins that have high liquidity and market capitalization and forget shitcoins.
ife2020
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August 01, 2020, 11:14:44 AM
 #418

Newbies need to select coin that is really top or popular coin for they will not fall into tragic scam. I beleive that there are so many project,tokens,coin are now scam that is why we need to be careful on investing if we wanted to invest we need to search or sellect the most reliable and trusted tokens or coin for so many years to avoid scams and to make our funds safe.

I think it doesn't matter whether newbies select top and popular tokens like bitcoin, etherum, tron etc for investment; neither does it mean nothing if newbies go for tokens such as doge, ethclassic amongst other low rated coins; if you are not well briefed about crypto currency; there will be losses. Instead, newbies should learn the art of trading; after which top altcoins or low altcoins won't scare them from investment.
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August 01, 2020, 11:37:53 AM
 #419

of course, top altcoins is recommended to trade for beginners because of the risk of loss is not too far off when the market deteriorated making it mandatory for beginners to buy coin top to avoid shitcoin that more and more outstanding and harm the beginners do not ever buy shitcoin because shitcoin are at risk for you to buy it even always detrimental for all investors.


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Serco
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August 01, 2020, 12:19:21 PM
 #420

There is a misunderstanding when it comes to investing in altcoins, newbies are usually finding cheap altcoins that have low volume because they are expecting that it will become the next altcoin that will increase so much like the other altcoins but this kind of idea is wrong and it can be a liability for them because it can lead for them to incur losses. It is really better to invest in altcoins that belong with the top daily volume around different exchanges luke ETH,  LTC, BNB AND XRP. Patronize altcoins that have high liquidity and market capitalization and forget shitcoins.
they do this because they hope altcoin that bought could be next gem in cryptocurrency market. only analizing based on low marketcap could not help us to find good coins, there are several reason why its happen to this coins. maybe this project was bad and no one interested. investing in major coins will help us gain profits with low risk.

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