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Author Topic: Newbies are safer with top altcoins  (Read 5242 times)
Valzador
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October 06, 2020, 10:10:07 PM
 #521

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
I thought that if someone had understood how to analyze a coin, they would no longer be a beginner.

The safest choice for beginners is, of course, Bitcoin and ethereum. No one will disagree with the two coin names above.
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October 07, 2020, 09:19:31 AM
 #522

yes to put of expends as appealing works with evaluation on expanding use of challenge to gains of results as the minimum on initial limit with the decision as distributing uses of possession of the resource and more on times with the absence on field of business of the cryptofinance.

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October 07, 2020, 09:57:19 AM
 #523

I also believe that the top 10 altcoins of the coingecko ranking are an excellent investment especially for beginners because I believe that their price changes are really minimal or diluted over time
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October 07, 2020, 09:58:36 AM
 #524

I I aree 100%. There is no need for newbies to play with luck and buy unpopular coins. It is better to try trading on the popular ones and learn how it works. Later on, when newbies learn how to analyze coins' dynamics, they may try their luck on other tokens.

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October 07, 2020, 10:56:44 AM
 #525

I agree with the fact that it's safer to stick with the top coin in the space. Most new projects lack solid foundations and could be abandoned without much consideration. Investing in the top Cryptos like bitcoin and ethereum gives one a higher degree of security and guarantee that the project won't be abandoned in a hurry
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October 07, 2020, 12:33:27 PM
 #526

I think its true newbie should learn from top 10 coins for starting invest on cryptocurrency. Its way more safer & if you can read the momentum you will get some profit for sure. Time & experience will teach you many things so just watch & learn.

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October 07, 2020, 12:47:17 PM
 #527

I think its true newbie should learn from top 10 coins for starting invest on cryptocurrency. Its way more safer & if you can read the momentum you will get some profit for sure. Time & experience will teach you many things so just watch & learn.

coins from top 10 bring less risk, but one can not be safe with any coin, and there is a lot of changes within top 10 coins during time, so it is advisable to check each and every coin that you plan to invest in, before investment in particular coin/token
think that only top 2 coins are somehow certain to survive long-term (BTC and ETH) and all the others could leave top 10 in the future, would not be a surprise for me at all
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October 07, 2020, 01:14:06 PM
 #528

It is very appropriate for the recommended selection, because the new token or coin has a risk that it will not really be known, whether it has a large potential or vice versa because I know that it is very difficult to predict. so it's best to choose top tokens or coins to start the job for beginners ..
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October 07, 2020, 02:11:00 PM
 #529

actually not only top altcoins for beginner's choice, we have to do an understanding of which coins to trade, because not all top coins are easily traded, but I agree to avoid many scams it is better to choose top coins because many people already trade and invest.

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October 07, 2020, 02:16:28 PM
 #530

actually not only top altcoins for beginner's choice, we have to do an understanding of which coins to trade, because not all top coins are easily traded, but I agree to avoid many scams it is better to choose top coins because many people already trade and invest.

Cryptocurrency has a lot of new risen token or crypto token but if i were ask i wouldn't be feel confident with the new risen one. But to be honest as a newbie here in cryptocurrency i bet it is hard to get your own kind of token most especially if it was a top altcoins. And yes top altcoins i guess was a safest investment for a newbies since it has already a good credibility when it comes to market value and its credibility when it comes to trading.

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October 07, 2020, 02:18:43 PM
 #531

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.
Thats called gambling, not investment.
And with experience comes knowledge - its not a good way to approach crypto, that knowledge comes with a price too.
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October 07, 2020, 02:23:59 PM
 #532

with customs on new normal as pupils to live as more with the occupation of online communication medium, the different feature might be in offer from developer as they might gives option to work on crypto with reference of normal tasks and pupils might gains of benefit on application as fine as the function to match with daily casuals of business.

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October 07, 2020, 02:35:42 PM
 #533

A top altcoin is a rather subjective term. If you are talking about top coins based on rankings here is an example.
In December 2017, IOTA was ranked 6th and valued at over $5. https://coinmarketcap.com/historical/20171219/
Today they are #25 and valued $0.17.

What you would consider top today can change quickly. 

That is very true, we never know what will happen in the next few years. One may be at the top and then after two or three years then it will now be at the bottom of the top list and the value of the said coin will now be lower. Pity those who bought IOTA during the time when it was at the top. If you were able to sell it with a small profit during its good times then good for you. If you are the investor type then good luck with getting your capital back.

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October 07, 2020, 03:04:08 PM
 #534

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

There's no problem if an individual seeks more knowledge, Infact it is very important for an individual to seek knowledge in the crypto currency space before going further to investing in crypto currency

But, saying newbies are safe with top altcoins is a bad statement. Either a newbie ot or a professional, you are never safe with any coin if you don't complete your due diligence.

For example, trx is a top altcoin, but it has dumped from 0.04-0.02$, do you accept that if for any reason you have refused to take profit, you are already at loss?

Also, do you see the low price noticed in uni, from 5-3$, note this, crypto currency trading and investment is all about taking profits, never lose out an opportunity to take profit.

Always dyor
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October 07, 2020, 05:21:43 PM
 #535

Of course, it is much safer for beginners to work with top altcoins, but the opportunity to earn decent money on them is much lower than on altcoins that are outside the top. But here you have to make a choice of the degree of risk and your skills.
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October 07, 2020, 07:02:16 PM
 #536

Yes I think newbies are far better and safer with top coins beginning with Bitcoin because it will make them have a broader mind towards knowing the good coins from the bad. Starting with top coins, they won't fall for scammers, chase hype projects nor invest in pump and dump coins but rather they will be able to build and develop their understanding about different coins. Hence when they have learnt all these neccessary things, they will be able to conduct research on new projects thus banking on previous knowledge acquired from top coins, they will be able to chose wisely as well as making the correct investment decisions.
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October 07, 2020, 08:29:06 PM
 #537

I am sure that beginners who invest in new altcoins or take their investment opinions from people with little experience will lose their money and soon they will exit the cryptocurrency market while they are losing hope, so they should start investing in top altcoins in order not to leave the market quickly, They must learn analysis and gain experience in order to be able to identify the promising token and invest it without huge losses.

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October 07, 2020, 09:31:25 PM
 #538

It is highly recommended for the beginners to go to the top altcoins because we know the capability of the coins there is not easy dump because of the strong foundation unlike to the low rank their support is very weak but not all the time they need to stick to the high rank because there is a time they need to explore and make a risk just like investing to the lower rank so they gonna earn a lot of money if the coin they have is a promising coin that they lean form them to become rich. Knowledge of the newbie is not just like us we are here to guide them and tell them what they avoid so they don't do wrong thing.
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October 07, 2020, 09:45:33 PM
 #539

The newbies  in a safer top altcons. We can say that because in every step of their way has guidelines they are try to do at the same time they have a choosing paths. Evey single works have particular guidance  for their additional knowledge.
What newbies should do is to gain knowledge first. Thats the way to better understand each coin, their uses and development.

We often advice to invest in top altcoins (which is wise for newbies since it is trusted already) but its fine to explore and discover other coins that is worthy to buy and hold.

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October 07, 2020, 11:43:13 PM
 #540

It is very appropriate for the recommended selection, because the new token or coin has a risk that it will not really be known, whether it has a large potential or vice versa because I know that it is very difficult to predict. so it's best to choose top tokens or coins to start the job for beginners ..
New investors should invest in top altcoins but shouldn't stop following the new listed coin in coinmarketcap. My advice is few:
Don't invest in coins new before correction time
Don't hold new coins for a long time
Buy new coins from the top exchange
and take profits don't be so greedy.
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