Newbies are safer with top altcoins

[Psynthax]

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.

that's true but only half, investing to top alts or not is definitely a big thing you should consider, it's like in stocks trading theres this top stocks mostly FANG and then the rest are quite volatile. their market cap really affect a lot.

[WalkerIVIV]

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

How much profit that already offered by the major coins depend on how good we can take the best position to enter the market. The bull trend can also become the main reason for the newbies to get huge profit too.
It's not true that major gives guarantee for anyone who have invested on it.  

[dataispower]

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.

Newbies investing in the top altcoins doesn't give guarantee of good ROI in future, it's just for safety purpose right? If there is someone to guide a newbie, adding some low/mid cap coins with huge potentials won't be a bad idea. Say 50 % in BTC, 20% ETH, 20% top altcoins and 10% low/mid cap coins, just an instance.

[gaston castano]

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

How much profit that already offered by the major coins depend on how good we can take the best position to enter the market. The bull trend can also become the main reason for the newbies to get huge profit too.
It's not true that major gives guarantee for anyone who have invested on it.  

some have different thoughts, I want to try investing in this coin because it has risen in a short amount of time it's a simple example they don't know what they are following just looking at the market alone, without knowing why the coin is going up, down.
for the first time a good investment is only bitcoin, because it will be safe in the long run.

[jrrsparkles]

Ripple and tether is also in the top rank of total marketcap value which means they are safe coins to invest? Not really there are cheap coins have potential as well so for a newbies bitcoin could be the only choice and never invest on any other altcoins before knowing what it is all about.

[reliable]

Ripple and tether is also in the top rank of total marketcap value which means they are safe coins to invest? Not really there are cheap coins have potential as well so for a newbies bitcoin could be the only choice and never invest on any other altcoins before knowing what it is all about.

To start with for the newbies better to invest in good coins or the known ones so that investment made gives them good returns and does not end up making loss in start itself. With the gains they can invest in little know ones which they think can grow and currently being underperformed. So can invest accordingly in such coins .

[TopTort777]

Obviously they are safer for top 20 altcoins.Because they aren't the shitcoins and they aren't pump and dump coins.

What do you think about BitcoinSV? Seems like a shitcoin to me. Specially with what its creator Craig Wright say.
How you advice work, when an altcoin gets pumped or its dev fail heavily? Alt will fly away from top20 next day or a new will appear there for few days.

Imho - with proper research, buy anything and be safe.

[BeginToMine]

You are kind of right though because too altcoins will never dump that hard and even if it dumps there's tendency of coming up back. But every newbie should try and ensure they understand crypto fully that it isn't a get rich quick scheme as people do think. But top coins should be better for them.

[kawetsriyanto]

There is no problem investing on unknown token if you know well "how to analysis any token, what should buy and what shouldn't.

It is a poor idea to invest in an unknown token. You know, what we are discussing here, look at OP. It is clear that OP said for newbies, and you know newbies are still hard to analyze which one better to invest as they are still beginners. For me, it is much better if they invest in top altcoins with a lower risk of losing all money. At least, investing in top altcoins avoid a chance to hold dead coins.

I agree, top coins give low amount of profit but sometimes people lost everything investing on unknown coins/tokens. So isn't it better to invest on top coins and make small amount of profit without risk

I guess you don't really know about the strategy to invest. How can you state that investing in top coins to have a lower amount of profits? It is totally wrong. Investing in top coins also have a chance to earn big profits, it depends on your strategy. Having a low amount of profits only applies to invest in stable coins. You must note this!!

[chikator]

Im a newbie and i have been sticking to the known coins. I dont think ill be able to dive into the lesser known coins very soon. Im not confident enough on investing to new stuff tho ive been doing my research on some projects.

[Banulit]

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 totally agreed to what you have said and it is very timely and informative especially for those who are just new with the crypto system. If you are really looking for a good investment that can doubled or even tripled your income and earning, you better do invest your money to top rank coins and I assure you it is worth to invest.

[imons]

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

Half a year later - there is no concrete evidence to claim that the point is true, if we're talking about bitcoin vs altcoins comparison.
However, if we would compare non top altcoins vs top altcoins - its is true, but it was like this all the way.
I mean its not about Covid, not at all. There always were scammers and they used any possible way to play their tricks.
Top altcoins always were safer than non top altcoins, but they were and are not as profitable.
High risks - high rewards, that is it imo.

[Rowenta]

Im a newbie and i have been sticking to the known coins. I dont think ill be able to dive into the lesser known coins very soon. Im not confident enough on investing to new stuff tho ive been doing my research on some projects.

A sir member called himself a newbie? Sorry do you buy this account? Judging from your comment it seems so, anyways it's good that you plan to stick to the coins you are very familiar with, don't take unnecessary risks unless you have money you can afford to lose

[oilton16]

It is always a great decision to noobs to go with top altcoins without taking a risk at the beginning by choosing the wrong coin of the coin without potential can cause you huge damage. That's why investing in top altcoins can at least not gonna damage that much which could cause by investing with a lack of knowledge. Therefore mostly noobs always gonna make their first investments in the top altcoins. 

lets say if they choose ethereum month or two ago it would not be a mistake at all

[Princeofpoetry]

 When I first started, I was stuck in yobit swamp. Many tokens and coins were making incredible drops and rises, and for some reason I always chose the falling ones. I think I lost 15k dollars in a year.

I think you have learned from the incident. that new coins that have fallen in price will find it difficult to return to high prices. except new projects that have future and potential.

[Keeng Daveed]

Thanks so much sire, I've been trying to search on the projects to invest on, but I'm scared. People frame up unreal things to be real and most of fake projects do have a real good campaigns, I just wish all scammers can be seized. So everything can be real

[shollyen]

Obviously they are safer for top 20 altcoins.Because they aren't the shitcoins and they aren't pump and dump coins.

What do you think about BitcoinSV? Seems like a shitcoin to me. Specially with what its creator Craig Wright say.
How you advice work, when an altcoin gets pumped or its dev fail heavily? Alt will fly away from top20 next day or a new will appear there for few days.

Imho - with proper research, buy anything and be safe.

If only they are able and capable of doing that research, then it would have been better. Sometimes they get carried away by what is currently happening to a coin, forgetting that change is an inevitable thing.

[djmixen]

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

they are safe if they know how to trade well in the actual exchange platform, but if not they are still safe if they hold the coins in the long term.
But of course, while holding the coins they have these newbies also must learn while doing it. These are the best methods they can do while new to this industry.

[Bitcoin Miners]

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

Trading or holding new coins which can bring a huge profit but with newbie, the possibility of losing money is more than because they are lack of analysis skill to order at the right time. So, let's practice with top coins to have the safer

[Republikcoin.com]

Im a newbie and i have been sticking to the known coins. I dont think ill be able to dive into the lesser known coins very soon. Im not confident enough on investing to new stuff tho ive been doing my research on some projects.

people would think like that. however, I also had the same thought. it's just that, I'm more confident about the coins I hold. however, I still choose safe coins or tokens that are in the top altcoin line. i feel it's much safer than doing research on new coins.