Newbies are safer with top altcoins

[bangkecol]

I agree. Newbies are safer to hold or trade the most 10st on coinmarketcap. These coins is better than a new projects. Be carefull for a new fake defi project that only pump and dump only.
And in addition, Bitcoin is still the best coin to invest.

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[soulripper]

It does not always takes long time for all the coins. For example just consider ETH. It has grown enough in the past 3-4 month. From 200 USD to 450+. What else one can expected from any kind of investment.

Remember that Ethereum found at 2015 to be recognize in the community and in 2016-2017 was really a great day for ethereum. You probably did not know that, just don't judge something from the short time.

for new comers, it is the safer way to invest on old altcoins cause those are already proven themselves and still going ahead with theirs best ideas. no doubt about the performance of those altcoins & considered as safe. New altcoins may goes wrong for beginner, as because they don't have privious expriance about that matter.

Not all of the new altcoins are bad and also not all the old altcoins are safer to invest. Do a proper research on everything, just don't do a blind pick even it's on the top one. Know your place and the right time to invest is a crucial stuff to think about.

That was correct because i am also thinking like that before that. After seeing ethereum can jump over $1k high was absolutely a mind blowing to me.. From $100+  to $1k it was a very happy day to hold ethereum for me. Just think cryptos space are really huge anything can be still goes up if there was a lot of supporter wanted the coin. It will bring the price up that yourself cannot imagine about it.

[iamaruf]

Yes, I recommend my friends to invest only in the top 100 altcoins. Better if they invest 70 % just in Bitcoin. Newbies should first learn a lot about the cryptocurrency market before investing in new projects.

Not top altcoins are safe. Even some scam & shit altcoins already in top 100. Few days ago SushiSwap CEO scammed & Sushiswap is now 60 no position. Better to invest wisely not invest by coins rank. 

[jekanmasin]

Yes, I recommend my friends to invest only in the top 100 altcoins. Better if they invest 70 % just in Bitcoin. Newbies should first learn a lot about the cryptocurrency market before investing in new projects.

Not top altcoins are safe. Even some scam & shit altcoins already in top 100. Few days ago SushiSwap CEO scammed & Sushiswap is now 60 no position. Better to invest wisely not invest by coins rank. 

Like Sushiswap i would stay away from that project cause it definitely a scam and the owner did run away and came back to take more more from investors. Better to make a safe plan and invest on what you could afford to lose as we dont know what is the safer projects that will not turn to scam or perhap can drop easily at the market.

[Dr.Osh]

Yes, I recommend my friends to invest only in the top 100 altcoins. Better if they invest 70 % just in Bitcoin. Newbies should first learn a lot about the cryptocurrency market before investing in new projects.

Not top altcoins are safe. Even some scam & shit altcoins already in top 100. Few days ago SushiSwap CEO scammed & Sushiswap is now 60 no position. Better to invest wisely not invest by coins rank. 

the range for the top 100 coins is still quite risky for newbies. In fact, I only chose a few coins from the top 20 to make transactions or hold. to be honest, I'm the type of person who is pretty afraid of holding new coins in the long run. because of that, I always aim for one of the top 10 coins on coinmarketcap to hold for the long term.

[AlexAtom]

True, newbies who just know about cryptocurrency shouldn't buy new created altcoin because new coin nowadays are not good.
Even crypto early comer should be caution of new altcoins, we should not buying the coin unless we really know about the project.
Top existing altcoins maybe expensive, but the value of the coins are more stable than new coins.

[Surrapatt]

True, newbies who just know about cryptocurrency shouldn't buy new created altcoin because new coin nowadays are not good.
Even crypto early comer should be caution of new altcoins, we should not buying the coin unless we really know about the project.
Top existing altcoins maybe expensive, but the value of the coins are more stable than new coins.

Now the situation is different, so newbies who are just getting into crypto must learn and get to know some of the top Altcoins so they don't get caught up in the new Altcoins, because in this case it is very clear that the top Altcoins have more potential than the new Altcoins at this time.

[iTradeChips]

For me, a good investor is a knowledgeable investor. All the newbies need to do is simply try to research more, even 30 minutes to an hour will do. Ask fellow cryptocurrency enthusiasts and then try to get more information from them when it comes to investing cryptocurrencies. Sure, more of them will just tell you to invest in Bitcoin and Ethereum and that's it, but there are others who has more insight and information about the different coins and tokens out there and maybe will be able to provide you best suggestions to follow.

[aarif123]

Yes I agree with you when I was a newbie I used to invest only in big marketcap cryptocurrency like bitcoin ethereum ripple bnb etc.but when I gained some experience in this market I also started investing in crypto ieo on binance so I will advise newbie that they should only invest in big and old projects

[Republikcoin.com]

as far as I am concerned, a lot of new people sometimes wrongly choose coins for their hold. sometimes they choose even coins that are ranked below 500. However, the advice for beginners is, you should choose coins that are well known and that you have heard often. looking for information on the internet about this is the best and easiest thing to do.

[judeafante]

as far as I am concerned, a lot of new people sometimes wrongly choose coins for their hold. sometimes they choose even coins that are ranked below 500. However, the advice for beginners is, you should choose coins that are well known and that you have heard often. looking for information on the internet about this is the best and easiest thing to do.

The reason is they want to be whales of this coin and they see the potential of the coin, it has something to do with FOMO and sometimes it works and sometimes it's not, developers are creating hype that they are the next big thing and they are going to list on big exchanges and will go straight to the top, those who are doing this are whales they already stake on top coins and they wat to discover new coins.

[husencoe]

that is indeed very good advice for beginners who are just joining the cryptocurrency world, because investing in cryptocurrency is very risky compared to other investments, because there are so many novice investors who lose big because they want to get rich quick.

[Lantind]

that is indeed very good advice for beginners who are just joining the cryptocurrency world, because investing in cryptocurrency is very risky compared to other investments, because there are so many novice investors who lose big because they want to get rich quick.

The desire to get rich quick is not wrong, because everyone also wants it, only if in crypto we also have to be observant and have a strategy so as not to experience losses at the start of investing, because all investments do have risks, it's just that the amount of investment risk is there inside crypto.

[hakertajniak]

Investing on top altcoins is safer than on new altcoin, but the profit won't be huge as new altcoin.
True that people said : low risk = low gain, and high risk = high gain.
Once you know the project of new coin is genuine and legit, you can buy their coin and become the early adopter.

[Lantind]

Investing on top altcoins is safer than on new altcoin, but the profit won't be huge as new altcoin.
True that people said : low risk = low gain, and high risk = high gain.
Once you know the project of new coin is genuine and legit, you can buy their coin and become the early adopter.

In a way, this is the case, but everyone must also be observant in seeing and taking advantage of opportunities at all times, because conditions that we do not want can happen at times we don't expect and can even be the opposite of what you say.

[lienfaye]

that is indeed very good advice for beginners who are just joining the cryptocurrency world, because investing in cryptocurrency is very risky compared to other investments, because there are so many novice investors who lose big because they want to get rich quick.

The desire to get rich quick is not wrong, because everyone also wants it, only if in crypto we also have to be observant and have a strategy so as not to experience losses at the start of investing, because all investments do have risks, it's just that the amount of investment risk is there inside crypto.

Even you're investing in crypto getting rich quick is not possible because it takes time and depending on the market movement. During bullrun many investors are earning profit so if you invest huge amount in a good coin then your profit is huge as well. Though we are not certain on when are we going to wait the bullrun, the last time is on year 2017. Investing in top altcoins are safer compared to new coins.

[soulripper]

that is indeed very good advice for beginners who are just joining the cryptocurrency world, because investing in cryptocurrency is very risky compared to other investments, because there are so many novice investors who lose big because they want to get rich quick.

The desire to get rich quick is not wrong, because everyone also wants it, only if in crypto we also have to be observant and have a strategy so as not to experience losses at the start of investing, because all investments do have risks, it's just that the amount of investment risk is there inside crypto.

Even you're investing in crypto getting rich quick is not possible because it takes time and depending on the market movement. During bullrun many investors are earning profit so if you invest huge amount in a good coin then your profit is huge as well. Though we are not certain on when are we going to wait the bullrun, the last time is on year 2017. Investing in top altcoins are safer compared to new coins.

For this year we can see investors are more interesting at Defi projects and that a good sign to invest on but we all aware that defi projects are the one that we should be more careful as the scammer seem to be interested also at defi projects and a lot of fake projects has being made out there. Invest with extra careful as uniswap are their top place to make a big scam this years.

[Crypto_lion]

Definitely agree with the OP on this. It's better for the newbies to observe Bitcoin and ethereum till they get used to crypto and then enter the more risky cryptos instead of jumping straight into it.

[Alohadanc3]

Mostly those who are new come to this market with a attitude they they want to rich fast. That's why most of them don't have any interest in gaining knowledge or watching the market what they want is just profit. That's why they started to invest in wrong places. For a result most of the time they end up in loss or even scam. That's why those who are new always try to stick with hight marketcap or high ranked coins. And at the mean time try to understand the market. That's it.

[Bertoman]

Yeah, you're right. The newbies are safer in top altcoins like ethereum and bitcoin and they can observe and learn some new things while researching about it and If they gain knowledge, they can use it to other altcoin.