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Author Topic: Newbies are safer with top altcoins  (Read 5242 times)
LordMiguel
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October 03, 2021, 06:56:16 PM
 #661

I have been in the crypto space for over 3 years and i can tell you that it is not easy investing in crypto. it is not easy making a decision to invest in crypto. i have seen projects that looks like a quality and a real gem disappear leaving investors in a sorry mode. i have seen project that are worthless turn out to million worth of investment. scams that develop into some and maintain the market. meanwhile trusted and qaulity project dissppear due to lack of funds.

as a newbie please stic to the top altcoins  on the market and you will gain huge.

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October 04, 2021, 06:03:23 AM
 #662

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

Currently there is no difference between altcoins and coins that are in the top 10, the condition of the coin in the market has actually decreased in price for now, so all coins are worth buying in such conditions, but if you are just starting out or are still a beginner, then buy altcoins are a process of learning to know more about cryptocurrencies, so that when the risk is there, you will slowly get used to how to solve the problems caused by the risk.
I guess unlock all coins worth buying, have to go through research first. especially for beginners, of course it will be safer to invest in the top coins that have a large market capitalization, because the development of cryptocurrencies seems to rely on bitcoin

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October 04, 2021, 06:56:19 AM
 #663

Always look for the top coins in the market while learning about another project, after you have learned about investing and how to look at a good project, and top coins are always attention of many investors so we will get long term profits and it will be safer to invest in those coins, which is very important for those of you just starting out in these volatile markets.

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October 04, 2021, 08:01:20 AM
 #664

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
does Cardano ( ADA ) the top altcoin you mean ?
I think your opinion is very right to avoid the many scams today, at least for beginners who choose Altcoins with good potential then do not experience losses in their investment.

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October 04, 2021, 09:14:31 AM
 #665

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

No doubt, newbies will be safer in top altcoins. But l think how they decided who is the  beneficial altcoins to get good earnings. So l think ,they should be aware from scam project & get much more knowledge before take decisions.

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October 04, 2021, 09:26:46 AM
 #666

IMHO, all these cryptocurrencies are volatile and risky. However, new projects are more speculative than the old top altcoins on coinmarketcap. Although we can't close our eyes that new projects can give us much more profits sometimes, it is also riskier. Not only newbies who got rekt, but the experienced one also can face the same experience. It's sometimes unpredictable cause the more people learn to avoid those scammers, the smarter the scammers get. But as you said, to minimize the chances to get rekt, to keep learning is important. Meanwhile, you can invest in more stable and known projects while doing the research.

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October 04, 2021, 10:36:42 AM
 #667

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

Currently there is no difference between altcoins and coins that are in the top 10, the condition of the coin in the market has actually decreased in price for now, so all coins are worth buying in such conditions, but if you are just starting out or are still a beginner, then buy altcoins are a process of learning to know more about cryptocurrencies, so that when the risk is there, you will slowly get used to how to solve the problems caused by the risk.
I guess unlock all coins worth buying, have to go through research first. especially for beginners, of course it will be safer to invest in the top coins that have a large market capitalization, because the development of cryptocurrencies seems to rely on bitcoin

The initial formula must be based on research and knowledge, so investing has really mastered how to do it, at least it can minimize the risks that will occur, for beginners who make it difficult to invest because of the lack of knowledge about the investments they run, so many of them experience risks and fail in investing, so knowledge is important?
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October 04, 2021, 11:14:52 AM
 #668

The initial formula must be based on research and knowledge, so investing has really mastered how to do it, at least it can minimize the risks that will occur, for beginners who make it difficult to invest because of the lack of knowledge about the investments they run, so many of them experience risks and fail in investing, so knowledge is important?
Everyone can see and judge where they are newbies who have moved and have also started working on each of their investments, so naturally they have gained a little knowledge about what they are doing because the others will follow themselves over time.

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October 04, 2021, 11:25:46 AM
 #669

In my view, before entering the crypto world, at that time it was said to be a beginner
by friends, so first learn a lot of terms in the crypto world, for example
hodl, pump and dump, blockchain, altcoin, fud and others, because if we don't study
and know more deeply we will not be interested in something so
when we run it not because we like it but because of the invitation of friends, we end up losing
and not enjoying it perfectly...that's my opinion for beginners

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October 04, 2021, 12:23:22 PM
 #670

It is true when you say that you have to know how to choose, there have been many scams in recent times, you have to choose wisely so as not to lose our money, I personally am currently doing Staking with Divi, it has seemed like a solid project and it has given me The security for me to invest my money there, I also like the ease I did not complicate when putting my money and super easy, and now more with its Staking vault of its DiviWallet from the phone
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October 04, 2021, 02:48:41 PM
 #671

Actually, for beginners, before entering the world of investment, first explore important knowledge before choosing to jump into crypto investment, because in the world of crypto investment, knowledge is really needed about the procedure for choosing the right coin (analysis) and how to see the right market movement is very important for beginners. beginners, Even Bitcoin as a (top altcoin) is quite risky for inexperienced beginners too
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October 04, 2021, 10:49:07 PM
 #672

Yes, Newbies in the cryptocurrency market, for them, investing in top altcoins will be safe, but their profit will not be like investing in new altcoins that can achieve a lot and a lot of profits, so there is no objection to investing in top altcoins in addition to promising new altcoins that are still cheap, So you have a lot of time to think and you shouldn't be led by any investment opinion by anyone and stay away from blind investment, you should do your research about the good altcoins in the market and consult the experts.

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October 05, 2021, 01:58:01 AM
 #673

The crypto space is still like the Wild West. A lot of scams, and a lot of shitcoins that are going to go straight to zero. It's a dangerous place for newbies. Many projects have no utility for their token in their ecosystem and new investors aren't yet skilled at determining this, or projects use hype marketing to exploit fear of missing out to convince inexperienced investors to buy the top.
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October 05, 2021, 03:28:00 AM
 #674

Because of the lack of experience, newbies can be tempted by big APYs in defi-projects, or fast growth of altcoin, or just promises of crypto blogger, and as a result big losses, as if you are promised big earnings, it must be really risky, so it is very important to learn, how this market works, investigate old coins as well as new ones and make you own conclusions. 

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October 05, 2021, 03:34:30 AM
 #675

Because of the lack of experience, newbies can be tempted by big APYs in defi-projects, or fast growth of altcoin, or just promises of crypto blogger, and as a result big losses, as if you are promised big earnings, it must be really risky, so it is very important to learn, how this market works, investigate old coins as well as new ones and make you own conclusions. 

If they've not listened to the experienced users, they will be tempted to buy new meme coins that aren't even hyped.  Newbies in crypto will always think they have found new crypto that will result to make them money thinking all coin's value will go up just like Bitcoin.

If they see on Facebook and it's doing airdrop, they will join airdrop and will see it trading on 1inch, pancake, or on Uniswap. Facebook ads are just swarming with altcoins these days.

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October 05, 2021, 03:50:16 AM
 #676

Seeking knowledge is a must in investing cryptocurrency. It is necessary both for newbies and once already familiar with crypto, and it is a safe move for a beginner or newbie to stick into top coins when investing since it could give them assurance for  a profit even for a long term investments.
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October 05, 2021, 04:10:19 AM
 #677

LOL... this thread was posted one and half years ago. And the price movements since then doesn't justify the argument put forward by the OP. Some of the coins outside the top-10, such as Dogecoin has given astounding profits to those who invested in them. On the other hand, the returns from top coins have been more modest. In some cases like BCH and LTC, the altcoins have returned a lower profit when compared to Bitcoin. So I would not blindly recommend "top" altcoins. Noobs can invest in any altcoin, as long as they have made a proper study on that coin.

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October 05, 2021, 04:38:56 AM
 #678

Seeking knowledge is a must in investing cryptocurrency. It is necessary both for newbies and once already familiar with crypto, and it is a safe move for a beginner or newbie to stick into top coins when investing since it could give them assurance for  a profit even for a long term investments.
Yes, that should be the case because even experienced people also have to look for new knowledge to support existing knowledge so that it is more complete when starting work with steps that he has arranged neatly, because without new knowledge someone will also be constrained when he only relied on old knowledge.

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v3liana
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October 05, 2021, 06:24:09 AM
 #679

I think for newbies they just need to stay away from simple bitcoin fork chains like BCH, BSV, LTC, etc

Look for projects with real usage (hint, most of them are running on Ethereum, but not all).

Try to find a high cap DeFi app, and then look for much cheaper competitors — the lesser known one may be undervalued.

bakasabo
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October 05, 2021, 06:37:06 AM
 #680

$ Divi is the easiest currency to obtain since its projects are the best, I recommend it since masternode is the best to generate the maximum and Divi wallet is the best wallet
Is DIVI the only currency in the crypto space? so you only choose it for masternode reasons, and if DIVI is the easiest project, how do you get DIVI without spending any initial capital for it? please give the answer perfectly here

You wont get answered. You David Castro used "$" in his post ? This is a sort of hashtag or a symbol for search engines to find this post. He made his post on purpose, just to get a reward from DIVI. This $ helps to DIVI to find his post and pay him. If you make a search, you would find lots of newbie accounts shilling this DIVI.

LOL... this thread was posted one and half years ago. And the price movements since then doesn't justify the argument put forward by the OP. Some of the coins outside the top-10, such as Dogecoin has given astounding profits to those who invested in them. On the other hand, the returns from top coins have been more modest. In some cases like BCH and LTC, the altcoins have returned a lower profit when compared to Bitcoin. So I would not blindly recommend "top" altcoins. Noobs can invest in any altcoin, as long as they have made a proper study on that coin.

That is a great proof that top is nothing. Places in top can be mixed easily. Just on good tweet, and any altcoin from den will shy in top10. What is today in top20, in a month can be on top100 or below. The market is changing so fast, that investing based only on a position in top is the worse thing to do.

R


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