Newbies are safer with top altcoins

[deathcode]

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.

those who just came to the crypto market, are not that stupid. of course some invite them and convince them to invest in the crypto market. not just looking at people who are successful and then they are attracted. I am sure those who are interested are also asking everyone who knows and they can make a source of information. you should know, they don't come to waste their money.
If something fails and gets caught up in investing in new assets, then they just come along and follow the wrong advice. it will provide valuable experience. they should be better off experiencing it all.

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[mamesso]

Before entering the world of cryptocurrency, The first thing a newbie has to do is research what it is going to invest in, And the most important thing is to think carefully about the decisions when choosing investment targets. The most common case is that newbie investors are always tempted by the large bonuses offered, even though tricks like this are most often used by fraudsters to attract the attention of investors. So in my opinion, Newbie investors should choose high-end coins as the first step in their investment to avoid the risk of loss.

[Gumbo88]

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 agree with you Newbies need to trade Top coin, but they still lost money because the big boy. In trading crypto, 90% lose.

[max6575]

more as newbies work with distinctive on authorizing subject of ideals, the work helps as might referring returns as student or newbies acts on extensive with chance as authorizing majors of science on ideal customs of exchange with communication and makes one as might fit limit of expectation.

[BayAngelo]

there is nothing to choose about it. whatever these New project thinks they can offer has already been developed by the old ones. do your self a favor by looking at the top tokens on coinmarketcap and pick your choice of investment. i prefer BTC, eth and Uni swap for long term. i choose YFI and Link for short term trading. the rest projects has nothing serious to offer. 

[krisnajsadrak]

there is nothing to choose about it. whatever these New project thinks they can offer has already been developed by the old ones. do your self a favor by looking at the top tokens on coinmarketcap and pick your choice of investment. i prefer BTC, eth and Uni swap for long term. i choose YFI and Link for short term trading. the rest projects has nothing serious to offer. 

indeed, and personally i only drop my money to the Top 100 crypto in coinmarketcap list
because any coins thats can stand in the top 100 coins in coinmarketcap is good for long term or short term investment

[monineklutak]

if a newbie invests in Ethereum, that's the right thing,
what is the top altcoin that is in the top rank of Coinmarketcap?
Remember there are stable coins that are there, so you should really know the difference

[oscarftw]

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.

When I was new I couldn't decide which one was fake. Every project was legitimate for me. I lost some money because of this situation. If newbies are staying with top altcoins, definitely they will learn to invest in 2 years. Just don't get to sleep with top altcoins  . Research on every new altcoins to invest in the future. Here are my tips: don't invest so many coins in a year because legit project numbers are very few in a year.

[vermigerous]

I tottaly believed on what you have said that we should first study what project to join. In terms of newbies entering the world of trading and investing on projects, it is good choice to stick on top altcoins first as a beginner. Because there are a lot of newbies and beginner on trading that wants an easy money and that may harm them if they are hasty to earn on crypto business.

[puremage111]

Newbies are safer with top altcoins until they start learning how to choose wisely, do better diggings on new project to avoid scams

Agree with this

Or perhaps they should understand What is "Bitcoin" first before they went for more in depth project like Yield Farms/ Blockchain 3.0 and etc
All these are pretty technical terms where the process is hard to understand if you can't even understand what blockchain is.

[slaman29]

Or perhaps they should understand What is "Bitcoin" first before they went for more in depth project like Yield Farms/ Blockchain 3.0 and etc
All these are pretty technical terms where the process is hard to understand if you can't even understand what blockchain is.

Statistics show that the majority of people who go in for yield farming and what not nonsense in defi don't even understand how to read a smart contract. And they don't even understand the basic underlying calculations so they have zero clue about the risk they're placing their funds under. So you know, this research aspect doesn't mean nothing for most people.

Bitcoin alone is the safest bet.

[Crypto_lion]

Or perhaps they should understand What is "Bitcoin" first before they went for more in depth project like Yield Farms/ Blockchain 3.0 and etc
All these are pretty technical terms where the process is hard to understand if you can't even understand what blockchain is.

Statistics show that the majority of people who go in for yield farming and what not nonsense in defi don't even understand how to read a smart contract. And they don't even understand the basic underlying calculations so they have zero clue about the risk they're placing their funds under. So you know, this research aspect doesn't mean nothing for most people.

Bitcoin alone is the safest bet.

I think reading the smart contract would be too technical for most of the investors. What they must do is do a basic research first like the team and what they are trying to solve.

Yeah if you can go through the smart contact then that's even better .

[jcarlo]

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.

The coins that are already on the top coinmarketcap are indeed safer and have great liquidity but to get big profits fast, I think new altcoins like DeFi can be speculated to make a profit. However, high vigilance is needed if you want to invest in new altcoins because they are also prone to pump and dump

[sourish]

Initially yes, its safer to stay with the top altcoins, but to remain profitably in crypto one needs to study the market, research and learn from it, and invest accordingly, slowly moving into better trades and profits.

[gwapoinside2]

All altcoins in the crypto market carries with it some risks. But indeed top altcoins reduce the risks for newbies who are somewhat still may be influenced by hype. That is why it is important for newbies to know that proper and deep research first on how the market behaves and analyzing trends is important to be successful in the crypto business.

[Marble777]

yes, if to minimize the risk of loss when investing, beginners are more suitable to take part in the top coins only. but if they like high investment risk appetite then that's up to you. It's just that I agree more that investing with top coins like BTC, ETH, BNB, LTC is at least safe.

[Benefactor]

Beginners ought to overlook that altcoins even exist, and they possibly may begin taking a gander at them when they have long periods of involvement in crypto. These digital forms of money are profoundly unpredictable excessively just by picking them isn't going to make your capital any more secure on the off chance that you truly don't have a clue what you are doing so I wouldn't generally suggest this sort of guidance for any amateurs during the end.

[Plinteng]

The top altcoin definitions are not absolute and will change over time, we should correct that perception and remind once again that beginners should know how to research their invested coins and invest their money in the right places. Even myself, including a beginner and I started learning based on my previous experience.

[Pithaxz]

yes,The main problem is often beginners choose shitcoins without knowing anything & it's because they want to make quick profits, that's the reason they experience losses. Buying top altcoins will be a good choice to minimize the risk of investment losses.

[Dedewahyu]

To determine which altcoin assets to hold or which assets to determine the term of profit, beginners must do technical and fundamental analysis so that they are sure to find this definite advantage, not just top altcoins, almost all assets must analyze before making a transaction