Newbies are safer with top altcoins

[Velvet78]

I recommend them to invest in long-standing and reliable altcoins such as bnb eth xrp. Since they have just met the cryptocurrency world, they will likely lose money in new altcoins.

[BlackFor3st]

If newbies want to store their money and earn a little profit in the future then buying top currencies is their best option aside from stable currencies. But newbies
should make sure first that they will not be afraid when the times that their portfolio will fall as it is how the market works.

It will be good if they will believe on what they like to hold and make sure that they have patience and can hold their portfolio in a long term one so they can surely
profit once the bull season will happen.

[sulendra12]

I recommend them to invest in long-standing and reliable altcoins such as bnb eth xrp. Since they have just met the cryptocurrency world, they will likely lose money in new altcoins.

Old coins are always the best to actually invest, even though they are rarely to make any movement. Things like Ripple, BNB and ETH are an exception where they could make the price move. Look at BNB yesterday, it was pumped for more than 20% in 24h which is insane considering the price is really high.

[manfredmann]

Not really because all of coins are volatile. Still chosing or investing in altcoins are risky. The only key to successful investment is to know when to buy, to sell and to hold.

Usually the best time to buy crypto is when market is crashing. I have observed some that are buying when market has 3k usd per btc to which other crypto were being affected as well. Now, if all those who had invested in btc will going to sell then pretty sure it almost 3x profit for it. This is why to those who wanted to risk and invest in bitcoin it would be a good practice to buy when market is low.

[totoy4741]

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.

OP was referring to newbies so top coins would definitely come in mind since they don't know much about crypto otherwise there is someone who is teaching him/her learning the basic and will eventually learn how to do basic trading, investing in a token sale and other things that an average crypto enthusiasts usually do.

[n0ne]

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.

OP was referring to newbies so top coins would definitely come in mind since they don't know much about crypto otherwise there is someone who is teaching him/her learning the basic and will eventually learn how to do basic trading, investing in a token sale and other things that an average crypto enthusiasts usually do.

Whenever a newbie get into the market, users won't be having better knowledge about the market and the different cryptocurrencies listed on coinmarketcap. Upon the same, every user who are into cryptocurrency for the very first time are suggested to invest/buy the top listed cryptocurrencies to stay long-term and learn more about cryptocurrency market than just ending with losses.

[ibuddy122505]

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.

OP was referring to newbies so top coins would definitely come in mind since they don't know much about crypto otherwise there is someone who is teaching him/her learning the basic and will eventually learn how to do basic trading, investing in a token sale and other things that an average crypto enthusiasts usually do.

Whenever a newbie get into the market, users won't be having better knowledge about the market and the different cryptocurrencies listed on coinmarketcap. Upon the same, every user who are into cryptocurrency for the very first time are suggested to invest/buy the top listed cryptocurrencies to stay long-term and learn more about cryptocurrency market than just ending with losses.

I have the same story in my early days, so I've no wondered to heard if some newcomers have the same story. Only invest if you can afford to lose or wait until you grow enough confidence to deal this market. If your hands is week it's extremely caution to handle the crypto market.

[drlukacs]

I used to have the goal of only investing in the top coin but being led by greed. When the sharks group shared x5 x10 profits when investing in Defi coin, my greed arose and blindly invested. as a result I have divided 2 properties up to the present time because the defi trend is dead.
I have shared about my sad experience entering the crypto market. Best of all you should only invest in the top coin, do not be greedy in this market. The sharks are always waiting for you.

[Alohadanc3]

Yes you are right. Most of the newcomers in this crypto space are in lose or into the scams. The one of the main reason for this is they don't want to gain the knowledge or don't want to watch the market first. They think they will invest first and it will give profit over night. But that's not how this market works.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.

[ekeh]

Alt-coin investment is for everyone, newbie or not, doesn't count, and what count is your hard earn money that is used to invest in a particular Project. Therefore you need to have crypto knowledge and also go for information know how the system works.

[NoG-NoG]

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

This is really acceptable and agreeable sentiments. That is really true that for a newbie to be successful in this industry they need to do a better digging and researching to avoid unnecessary fraudulent or scam. They also need to be wiser knowing that there are several opportunist which are very good in taking advantage of the newbies in the crypto-world.

[Lhaine]

Yes you are right. Most of the newcomers in this crypto space are in lose or into the scams. The one of the main reason for this is they don't want to gain the knowledge or don't want to watch the market first. They think they will invest first and it will give profit over night. But that's not how this market works.
That's why if you are in hurry always go with bitcoin or with big cao altcoins.This coins are less risky. So newcomers will be safe with this coins. That's it.

Its just a wrong decision they can make as they dont have enough knowledge as newbie its normal thing everyone here is also experince the same thing before they learn. The better thing you can do as newbie if you dont want to lose money at first try is to ask other people opinions first before deciding to invest.

[Amitumi]

Of course, newbies newbies are safer to invest on coinmarketcap top rank coin.There is less chance to loss asset.  As a newbie, I also invest on ethereum because ethereum position is in the top rank of coinmarketcap.

[rahmatullah9305]

Of course, newbies newbies are safer to invest on coinmarketcap top rank coin.There is less chance to loss asset.  As a newbie, I also invest on ethereum because ethereum position is in the top rank of coinmarketcap.

Ethereum is ranked second on the coinmarketcap site, not the top ranking, because the top rank is still controlled by Bitcoin to date, and for the opportunity to lose assets on Ethereum investment is also very open, because considering Ethereum has also experienced a very severe price fall to several investors experience losses, so if you only invest in Ethereum, then you must always monitor market conditions and movements in every situation, because Ethereum often experiences price increases when Bitcoin has started to rise in price, then don't misunderstand this, even if you are still a newbie.

[Inkdatar]

Alt-coin investment is for everyone, newbie or not, doesn't count, and what count is your hard earn money that is used to invest in a particular Project. Therefore you need to have crypto knowledge and also go for information know how the system works.

Indeed, altcoins for everyone. The important thing prior investing is you already know the risks in crypto. Do your own research first this way it can lessen your risks in crypto. There are many top coins lurking these days so you have to study the project in every detail. New token is not always a profitable one so think more before investing into it. Always check the top coins in the market as the price is always volatile.

[Justin999]

Its hard to earn money from crypto.top altcoins are safe cause those are not going to dump a lot or get scam within overnight, when others new altcoins can.scammers know very well how to attrack newbie investor & scam their fund through fake token sale.so newbie can safe themselves from loss, by investment their fund on top altcoins but nees to know, which one is perfect for investment

[Valak]

Corona virus coins are built too which have no real use cases

Some people are influenced by the name of the coin. For example, when a pandemic is currently happening, a token or coin called Covir is born. If the Corona Virus is completely cured and lost on earth, the Covir Token will also disappear. The logic is simple.

[HatakeKakashi]

Maybe yes that , beginners need more knowledge to invest to the different altcoins because we know the movemejt of the coins is unpredictable unless they invest to the coin who is in the rank who is not going to decreased fast just like what happened to the other coin who is in the lower rank because they don't have support or investors that rise their coin most of the times top coins rise and safe for everyone who wants high possibility to earn money.

[Kehindem]

yes because the rate of growth of Top altcoin can be predicted to some extent, and it safe newbies from the stress of doing unnecessary research as regards to the new project, so with the top altcoin minimal research is required.   

[pealr12]

Theres no such thing as safe altcoins as they all go down, what you need to the is make a research on a project that can stand for long term and the price is still down., buy and hold it for years it will give you good profit.