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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
2tang
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December 06, 2020, 07:30:40 PM
 #141

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
Every investment certainly has a considerable risk of loss as well as when we invest in crypto currencies such as bitcoin and altcoin, but at least we must be able to minimize the smallest possible loss in trading on the market or investing in crypto projects, before investing should be better. We do research as carefully as possible about what and how the future of the project or altcoin is so that we can find out how much chance we have to gain or lose if we invest in the project or altcoin, don't try to invest if we don't have enough knowledge because there are many people who experience losses in investing due to instinct or just following other people.

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December 06, 2020, 07:43:37 PM
 #142

Hence it's market, I would say nothing is 100% self for investing without doing proper check. The best one can actually do is investigation. Always look out for the coin you want to buy via exchanges and know if it's at to or down. Once down ensure you check social media so as to know how serious they are with the project before investing. Do your own research alwayy
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December 06, 2020, 07:45:30 PM
 #143

In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

even you keep your money in bank the risk will never gone my friend
so, if you want to invest in altcoins, you should eliminate the fear, because didn't want to take the risk you should invest in altcoins, because its not safe buddy

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December 06, 2020, 07:56:09 PM
 #144

The only safe havem that is know exist amongst altcoins is your usdt (erc20) token that you have stored in your cold storage or perhaps your unspent capital. When it comes to investment in any aspect of the market; the word safe is not in context. What you should do is to design a process, method, strategy to keep you and your capital safe everytime you make an investment or the other.
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December 06, 2020, 09:59:14 PM
 #145

A few altcoin financial specialists still discover it troublesome to carry out individual inquire about some time recently contributing, in a specific extend merely head about within the market. With appropriate inquire about you'll get solid altcoin venture, where you'll win a great salary and a well secure venture . Exactly, altcoin is secure for venture, on the off chance that as it were you'll be able take after the rules and controls directing the stage which is able offer assistance all ccrypto portfolio strongy safe.

loopes
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December 06, 2020, 10:16:51 PM
 #146


So how we make altcoin investment safe ?

if you want to be sure that you will be not in loss near 12-18 months than you should invest in top-10 crypto according coinmarketcep list. everithing rest is high risk. noone own you.

what we can do is : First, analysis the project about the team, roadmap, community, etc. Then repeat it for some project as much as you can do. this analysis is aim to make an initial observation. Second, we should make a strong diversification of our investment in alternative coin to lower the risk. But in my opinion it does not always mean we should put all of our investment in top-10 crypto, though putting investment in top-10 crypto is good choice enough.

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December 06, 2020, 10:41:37 PM
 #147

altcoin is very safe for me to invest, rather than buying Bitcoin and investing,
the price of Bitcoin is already expensive, indeed the price can go up again,
some even predict that the price of Bitcoin can be above $ 300k, make your choice.
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December 06, 2020, 11:03:29 PM
 #148

A very interesting topic and many investors are very interested in it.I think good projects depend mainly on the state of the crypto market and the price of Bitcoin, but not all good projects. If you are afraid of risks you can invest in Altcoins on coinmarketcap but the returns may not be as fast as successful projects.
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December 07, 2020, 12:03:54 AM
 #149

investing in both alt or btc is a very risky thing. nothing is safe without careful planning. A few weeks ago when btc went up by $ 19K, many altcoins went up, and a few altcoins actually went down. so to be safe, make sure you really know how your coins are from technology, community, market, and trends. it will really help you to buy / sell during investing.

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December 07, 2020, 01:29:32 AM
 #150

So how we make altcoin investment safe ?

There are many good and safe Altcoins that you can choice for long term investment such as ETH, XRP, XLM, Link, and some of other coins in top 20 in Coinmarketcap. Don't pay attention on small Altcoins, maybe it will bring to you a big profit in a short time but the risk is very high and you can lost all money at any time.

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December 07, 2020, 01:33:55 AM
 #151

Good project's promise is always to impose there platform not be a successful project when you invest. Concrete facts of the good project is the best evidence that they have future in the investment. And project has always made a promise. That is not true.
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December 07, 2020, 05:07:09 AM
 #152

In my opinion, USDT is not crypto for investment. USDT has a dollar benchmark value of 1: 1. USDT for me is just to send dollars across countries without bank intermediaries or 3rd parties. So saving USDT is not the best investment option because its value will never grow.

LOL. It is ridiculous to even think about USDT as an investment asset. If you want to invest in US Dollar, then you can do it directly by purchasing the banknotes. You can also invest in the US treasury bonds, which will give you an annual interest. There is no point in investing in USDT (which happens to be a token issued by the Bitfinex exchange) when these better options are available.
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December 07, 2020, 05:15:49 AM
 #153

The only safe havem that is know exist amongst altcoins is your usdt (erc20) token that you have stored in your cold storage or perhaps your unspent capital. When it comes to investment in any aspect of the market; the word safe is not in context. What you should do is to design a process, method, strategy to keep you and your capital safe everytime you make an investment or the other.
In my opinion, USDT is not crypto for investment. USDT has a dollar benchmark value of 1: 1. USDT for me is just to send dollars across countries without bank intermediaries or 3rd parties. So saving USDT is not the best investment option because its value will never grow.

It will remain as 1:1 ratio nothing will change.

safe in terms of dollar value but investment wise there's no increase that may  happened after holding it for long-term, though you
can take advantage if you are working with day trading, taking advantage of buying when crypto is falling then convert it back when
the value  pumped up to a higher value.
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December 07, 2020, 06:21:23 AM
 #154

So how we make altcoin investment safe ?
If you will ask another kind of investment and ask it if it is safe then possible the answer is yes because there are some investments that are safe to invest but has low interest (bonds).

When it comes to crypto investment, there is no safe haven here dude Smiley. You must be ready in anything that might happen with your money that you invested with. Investing in altcoins is probably riskier than investing into Bitcoin especially when you invested in an altcoin that has a low market cap and has a low volume in exchanges. Just invest what you can afford to lose and be ready in anything.

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December 07, 2020, 07:11:57 AM
 #155

Yes altcoins are safe for investment but not as safe as investing in Bitcoin, Ethereum and top 10 altcoins in today's market, why? It's pretty hard to find new developers that really came out to add to the potential of crypto and digital currencies, most developers today cares about money as investors but disguise themselves as crypto messiahs, altcoins can bring huge profits or huge loss if care is not taken

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December 07, 2020, 08:26:43 AM
 #156

You should know what kind of project you are going to invest to, It is indeed a risk investing in cryptocurrencyy but you should always remember only invest you can afford to loss. Do your own research as well in order for you not to be victim by such scam projects.
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December 07, 2020, 09:11:45 AM
 #157

In fact, you need a good site to make Altcoin Safe. The bottom line is that when you invest, you have to make some changes, but now there are some new sites where you can deposit or invest in coins. And one more thing, you will get some safety where you get your private. But Ja will do it at his own risk, thank you.
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December 07, 2020, 02:38:39 PM
 #158

All investment have risk it also possible to failed or maybe the worst happen is scam. Altcoins is risky there is a lot project who are scam in the past few years and until now for sure there's a lot but they have less risk which is potential and legit. But we are not guarantee the profit yes they are potential but in the investing or trading they have times you lose not always you will get profit and also there is no safe investment.
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December 07, 2020, 02:53:26 PM
 #159

as far as I know altcoins are safe for investment only ETH. no other altcoin is capable of like ETH even if the price goes down, but we don't have to worry about the future of ETH and it will definitely increase in the near future. so choose ETH if you are going to invest in altcoins
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December 07, 2020, 03:02:54 PM
 #160

as far as I know altcoins are safe for investment only ETH. no other altcoin is capable of like ETH even if the price goes down, but we don't have to worry about the future of ETH and it will definitely increase in the near future. so choose ETH if you are going to invest in altcoins
I think all coin that being made are altcoins, it is just matter to their chain, and their volume etc. It is still safe too invest in different altcoins now, for example in defi many people think that investing in defi projects are useless or the hype of it is over , well in my perspective it is not, so the only thing I rather to advise it, in everything you are going to do, you should learn to research first, every investment has its risk, in eth maybe yes it is the 2nd top coin now the risk I am saying about it is the volatility,

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