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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
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January 01, 2021, 09:17:30 AM
 #261

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 ?
It's safe if you invest in POW tokens with no premine or dev wallet like RVN and 0xMR. That way nobody can dump on you, exit scam, or rugpull.
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January 10, 2021, 04:00:47 PM
 #262

For me it's yes. But it depends on how and when you invest. After Bitcoin all these are altcoins. And many of them are really good. If you know where to invest then altcoin investment are relly good. But if you know which coin to pick then fine. But if you are new to this market then I will say avoid altcoins. And stay with big cap coins. But if you areknownabout the market then you can put your money anywhere.

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January 10, 2021, 04:49:13 PM
 #263

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 ?
Avoid new token based projects and only buy them only if that gets hundred percent of your attention and massive acceptance from the market otherwise chose top and highly rated altcoins.

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January 10, 2021, 04:58:28 PM
 #264

No, Altcoin is not safe for investment because it was an experimental project wherein developers are asking money from investor to fund their experiment.  The altcoin project itself dos not guarantee any success thus investing in it have huge risk involved.  When there is risk, we are not sure if it is safe or not until the project became successful or went scam.
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January 10, 2021, 05:23:33 PM
 #265

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 ?
It's not easy to choose to invest in altcoins, before choosing to invest in altcoins, of course, you have to do a really thorough research first, and that's certainly not easy, and not all altcoins are certain scams, because many projects end up in Scams and run by irresponsible people, now many investors are hesitant to support new projects, so hopefully in the future, for example, there will be new projects that will be better and handled by people who can be more responsible for handling a project. to be able to create coins that have excellent development and potential in the future is not just for instant profit.

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January 10, 2021, 08:13:37 PM
 #266

if investing in top altcoins can be said to be safe because they have been trusted and the product has also been used by other people but if investing in new altcoins is very risky because it's like looking for a needle in a haystack

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January 10, 2021, 09:31:30 PM
 #267

if investing in top altcoins can be said to be safe because they have been trusted and the product has also been used by other people but if investing in new altcoins is very risky because it's like looking for a needle in a haystack
XRP is one of the top altcoin.
But with its situation, it is not advisable to invest on it. Many in the top altcoins should be analyzed before investing on it.
Top or not, they are risky.


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January 10, 2021, 11:14:20 PM
 #268

As much as there are a lot of fraudulent projects, there are also normal projects, many just do not conduct even the simplest analysis..

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January 10, 2021, 11:33:15 PM
 #269

Indeed, many altcoin projects commit fraud and leave it alone. Thus damaging the image of other altcoins who are really serious about developing their technology to benefit more in the crypto industry. Many potential altcoins have proven to this day and give profits to traders and investors. Even daily traders can take short-term profits by utilizing the pump and dump situation. But we must always be vigilant to invest in newly launched projects

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January 10, 2021, 11:58:32 PM
 #270

for the current situation altcoins are still very safe. it's just that you have to choose an altcoin with good fundamentals,
because if the price decreases you just hold on to the long term, good fundamentals are the key to future prices,
Even though you have to wait a long time but if you are patient then you win
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January 11, 2021, 01:04:52 AM
 #271

It is safe venture if altcoins are on top 20 in the coinmarketcap and big chances you make profit from them with long term hold process. Still all investment are risks and it's just take risk to succeed this industry but always remember just invest what you can afford to lose.

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January 11, 2021, 03:16:18 AM
 #272

Altcoins are not safe for investment because of the uncertainty of the market which finally leads to high volatility. Again, the market is unregulated so the price level is not regulated and totally depends on the demand & supply of that coin. But, you can invest in Bitcoin, Ethereum, XRP, and some of the genuine altcoins which are actually existed in the market and backed by some fiat or Gold.

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January 11, 2021, 04:00:41 AM
 #273

Well, from 2018 scam projects was arise until 2019 December, because when 2020 came up scam projects was being reduced unlike those years 2018 and 2019 were they are very rampant and many became a victim by them. But at the moment, the majority of the projects now are much more better than before. So, I could say it safer in terms of investment. But this was just a thought and my opinion only.

Even now, there is no dearth of scam projects. But the main difference is that nowadays the investors are more cautious about them. Also, with Bitcoin dominance at close to 70%, a large section of the users want to stick with Bitcoin and the established altcoins, rather than investing in new projects. Also most of the scam projects from 2018 and 2019 have been delisted from the exchanges.

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January 11, 2021, 04:01:14 AM
 #274

Investing in Cryptocurrency is a high risk with large returns, this must be known so that all can be risk management. because there are not a few people who have the wrong perception of investing in altcoin with large profits. My advice remains to invest in Altcoins at the top with a high market cap

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January 12, 2021, 12:13:42 PM
 #275

I can see you guys have a great experience in crypto, but have you already read this article. It's a time-saving brief of crypto specialists’ points of view about SEC vs Ripple!
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January 12, 2021, 03:20:28 PM
 #276

There is more risk but there is also more reward,but you can choose from top alts
Atleast they have less risk as compared with other altcoin.
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January 12, 2021, 03:32:09 PM
 #277

No wonder new projects always claim that they can provide many benefits in the future because that is indeed a strategy to attract investors, so that you are safe from such projects you need to do a lot of research, it will be safer to choose the top altcoins

top altcoin is high cap, and high cap will have a strong bullish cycle in altcoins this season,
so don't choose an altcoin with bad fundamentals, just buy a top altcoin like Ethereum, Cardano or Tron, and you will be saved.
remember altcoin season is coming soon!
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January 15, 2021, 02:31:35 PM
 #278

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 ?
Avoid new token based projects and only buy them only if that gets hundred percent of your attention and massive acceptance from the market otherwise chose top and highly rated altcoins.

You're right. It is worth looking into new projects only if they grab your attention in the info field. If there is a lot of hype around the project, this means that they are interested in the project, which means that finding investors will not be a problem. However, you should pay attention to the listing period, because projects can be profitable in the short term, but unprofitable in the long term.

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January 16, 2021, 06:32:15 AM
 #279

Investing is never safe all the time. Investment has always been full of risks. mean if you invest in a program, you need to know all about it, Keep an eye on all his steps. This will allow you to gather a lot of information that will help you determine, if you should invest in this program.I always say that if you want to invest in a project you have to understand the project and get all the information about it.
It's not like you have to invest in a program to make a profit, Sometimes it happens that you read a project very well and try to understand it but still it does not give you profit in this way.
How come there are many projects in which they do not make a profit, Because nowadays a lot of scam projects are coming up, But that doesn't mean we should stop working. If you find a good program, it will make up for your shortfall.
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January 16, 2021, 07:33:06 AM
 #280

Investments can be reliable or risky as we all understand the crypto world is a risky investment, which means failures will happen. If you are not ready to lose money, it is better not to go here.
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