Is Altcoin Safe for Investment

[gwdf1]

Yes and it will depend on the amount and the turnaround time at the end, it's all personal strategy. In short-term investments we must be aware of Bitcoin's volatility and the interests of those with a strong hand. On the other hand, in my opinion, long-term investment is the safest and most educational way to invest in Altcoin.

It may seem like a good idea to invest all your money in an altcoin that has grown tenfold over the past year, and become ten times richer in another year. But do not forget that the exchange rate of alternative cryptocurrencies is unstable, and is often fueled primarily by advertising campaigns. in such cases, the growth may even end in the loss of positions.

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[seleme]

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 ?

Not all new projects are scam my friend, even today if you carefully select a quality new project you still have good chances of the proje t being successful later and your investment growing multifold. But yes there are risks involved that should be carefully assessed before investing.

Only a few projects can be considered as successful while the rest is either scam or a useless piece of paperwork. The majority of new altcoins have no potential to beat the same category old projects but they wanna get listed on the well-known crypto exchanges. This is the first step towards an exit scam. New investors have to be extra careful because there is no single reason to believe in the false promises by the scam teams masked under the different slogans.

[Slingshot]

Like I always say. Everyone should always be careful before investing as some altcoins like Eth and some old other coins are very good for investment and some are not because Eth contract address is easily created by scammers and can use the medium to build and scam. Buta some altcoins are really good investment and can yield to something good and also can break one down.
 

[bayu7adi]

being careful alone is not enough to avoid fraudulent projects, the most important thing is to always research the projects you want to invest in, and always pay attention to their progress, I have followed several projects that promised to enter major exchanges, but within a few months they disappeared, and not there is more news, even the telegram group is locked

You have to do research first regarding the validity of the data data about the project you are participating in, learn everything related to the project. This is the hardest part when we want to decide whether to invest or not.

one of my considerations is, follow what big investors always do. Wealthy investors prefer projects with the aim of growing the company, not creating new companies. These are two different things.

[Indriahimovie]

Its too risky to invest in an altcoin project if we do not have accurate knowledge and information about which altcoin to invest. We have to properly research these altcoin projects, mostly after their coins are listed on the market the price tends to dump and then becomes a scam. I suggest that new altcoins are not suitable as a long-term investment.

[Shasha80]

Investing in crypto is primarily altcoins, no one is safe so far. Everything’s at risk. Because they’re all volatile. But for Bitcoin itself has gained
a lot of the trust of the world community, although its presence still raises pros and cons in several countries.
New investors continue to be present even though they are well aware of the risks. Even several new ICO projects have sprung up, and this
situation has become an opportunity for fraudsters to deceive investors and take their money away. However, until now there are still many
cryptocurrency users who dare to speculate, although there have been many examples that their colleagues have been deceived for investing in crypto.
There is no proper advice other than we should be careful and do analysis when going to invest. Especially on new projects such as ICO, IEO or DeFi.

[Psynthax]

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 ?

Not all new projects are scam my friend, even today if you carefully select a quality new project you still have good chances of the proje t being successful later and your investment growing multifold. But yes there are risks involved that should be carefully assessed before investing.

Guess that guy never knew that scamming doesn't happen only inc cryptocurrency communities, try to look for startups business most of them are either a failure or scam. It's just happening everywhere and not only in crypto market alone.
heck, even stocks aren't guaranteed to be scam free. So many manipulation happening under the hood. It's just how investment business is, so many people trying to steal our money. but there's some projects that are really good in quality if you take a look at it deeper and more cautiously.

[Warkop]

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 ?

For now it is very difficult to judge a project which is really good and gives you a return on your investment in the project, they are very wise to commit the scam by copying all the white papers of previous successful projects. Do in-depth about the project and read the social media of all their team profiles, whether there is a project name they are working on or not, that way you can make sure that the project is really good or not to invest in, but if you are not sure it's better invest in Altcoins that are already on the exchange, because they have been proven safe.

[erikoy]

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 ?

For now it is very difficult to judge a project which is really good and gives you a return on your investment in the project, they are very wise to commit the scam by copying all the white papers of previous successful projects. Do in-depth about the project and read the social media of all their team profiles, whether there is a project name they are working on or not, that way you can make sure that the project is really good or not to invest in, but if you are not sure it's better invest in Altcoins that are already on the exchange, because they have been proven safe.

Yes, I do not know why there are people like to risk their money for a project that can't even had the chance to be successful and that they can trust their money to someone. If I were them I will invest to bitcoin and put thier bitcoin into a good wallet. Web wallet can do like bitamp and would be one of my recommendation especially when you want to readily spend it. You ca  go anywhere just by having your device like latop or mobile phones and access the web wallet for spending. Yet, if you are planning to get more bitcoins then use offline wallet like hardware wallet.

[Btc_1856]

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 ?

Not all new projects are scam my friend, even today if you carefully select a quality new project you still have good chances of the proje t being successful later and your investment growing multifold. But yes there are risks involved that should be carefully assessed before investing.

Only few projects can be considered as successful while the rest is either scam or useless piece of paperwork. The majority of new altcoins have no potential to beat the same category old projects but they wanna get listed on the well-known crypto exchanges. This is the first step towards on exit scam.

Only a few projects are listed in the high potential exchange are actively trading and rest they are listing them in low-value exchanges after some time they are scamming the investors. That's why we should always invest based on the developments and based on the volume they are generating into the market will easily help the coin to increase its price easily.

[Xinarae*]

Must have skills about investing before investing in Altcoin many times skilled people are not at risk after any tie is safe. Businesses do not believe in new ICO projects. The demand for new projects is much lower these are more of a scam and traders lose everything. Therefore it is better to make long-term investments than ICO projects. The risk is low and the projects will not be lost. These currencies are not scammed. There are many projects like defi in the market but imagine how safe it is to invest.

[atjiat]

I think it is, altcoin is really safe and good when it comes to investments. But better make sure that you will invest in the right alts, so it is better to check if it is active or not, check if it is listed on big crypto exchange/s and always check it's market volume.

Undoubtedly, many of the altcoins are very serious and valuable assets, even for long-term investments, but this must be approached very carefully, since not all altcoins have such long-term prospects. To a greater extent, altcoins bring profit to traders when investing for a short time.

[Debonaire217]

For me, investing is taking risks at the same time, because in every investment there is no sure payback. You have to take risks repeatedly and be prepared of losing, but the good thing about taking risks is that you are ready to lose and patiently waiting for a payback. It doesn't matter how long would it takes for you to grow, but how long would your courage can get you though, in the recent times, there is no safe system so you just have to believe, trust yourself and your guts.

[PPIT]

The Crypto market has lunched for virtual trading. Here many more traders are trading with huge profits and on the other hand, some scammers are scamming with inexperience and uncarefully trader because they don't know how to choose a reliable and popular coin for trading with benefit. As a result, they have been choosing an undergrowth and pump coin by influencing huge benefit at all. So, If you strong and awful investor then you don't have worry to invest in Altcoin. Finally, I can say that Altcoin is safe for investment.

[viananda2525]

I think it is, altcoin is really safe and good when it comes to investments. But better make sure that you will invest in the right alts, so it is better to check if it is active or not, check if it is listed on big crypto exchange/s and always check it's market volume.

analizing altcoin need to make check list that contain their developtment progress, product delivery , exchanges and communication activity. if most of our check list filled , i am sure we pick correct altcoin as our portofolio. to be profesional  trader we must act as profesional when analizing projects.

[sujanpatil]

Before you invest in Altcoin, you should check how strong the project fundamental is. That means you should check all the aspects of the project change and invest in it. Who is the founder of projeet? What is the project team doing? Inspect all project members. Check his social media account and see the updates on what the project is working on. Does he have scope in the future? Then we can think about that project.

[bandungan]

Must have skills about investing before investing in Altcoin many times skilled people are not at risk after any tie is safe. Businesses do not believe in new ICO projects. The demand for new projects is much lower these are more of a scam and traders lose everything. Therefore it is better to make long-term investments than ICO projects. The risk is low and the projects will not be lost. These currencies are not scammed. There are many projects like defi in the market but imagine how safe it is to invest.

ICOs are troubling at the moment, sometimes ico is just sweet at the beginning and bitter at the end. This is very detrimental for investment, you have to go through long stages of analysis and research to be able to invest in the right ICO. so I think choosing safe coins is the best way right now

[hannahB4]

For me I think for a project you need to see if the project is viable before launching into the project. For any altcoin I will venture into I must have a very positive thinking towards this project though not it doesn't work that way. Altcoin is safe for investment if one gets a good project to invest into.

[CryptoLogo]

Practice shows that altcomins should be viewed not as a long-term investment, but as a speculative instrument

The entire crypto market should be considered a speculative instrument. The volatility is too high.
Even if you invest in bitcoin, you cannot ganate yourself that after reaching new heights, it will not collapse 90% down. That is, one way or another you will have to fix profits, and as a rule, in relatively short periods.

[bitzizzix]

All the advice here is great for OP and newbies alike, every investment has a risk and you should be prepared for that and intelligence helps a lot in choosing and researching.
In essence, you need to have adequate knowledge and analysis of each project or altcoin you choose and carry out detailed research.
It is better to choose old and trusted altcoins like the top 10 altcoins which are proven to be profitable and must have strong patience and don't panic. My advice is to avoid new altcoin projects, defi, ico and ieo because there are many scams there and it starts well in the beginning and eventually becomes a scam.