Is Altcoin Safe for Investment

[Billo_]

Just choose top altcoin if you have a little knowledge about cryptocurrencies. If you want to learn more about the project, u can search many undervalued altcoin at coinmarketcap, but for my suggestion dont buy any ICO, IEO etc since its new coin which we dont know the performance yet.

Yes, top altcoin is always better because for some sort, it has already been evaluated. But some times it can happen you will still have a loss because it is a faild project.
We all know about BSV and XRP, it is fraudulent coin and has also high position in coin market cap.

Research is difficult and before people buy random coin, people should just use Bitcoin or Ethereum.

[Delisaara]

that's the biggest risk in the crypto world.  it all depends on you, you must be smarter in choosing a project, so as not to become a victim of fraud.  because now there are so many scam projects.

[jentak]

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 ?

What is this question even about?
Crypto has always been high risk high reward investment. Moreover, crypto originally implies no support from anyone, but the user themself.
There is no guarantee that something will bring you profit and will never be, that's not how things work.

[zerogrown]

Dont fully trust any project without fully understanding and doing a decent amount of research. Doing your own research is the best weapon for new projects that we encounter. For sure we are all experienced traders here. We gotta learn how to deal decently on how we can earn more and not lose to any projects. DYOR!!!!

[safari88]

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 ?

there's is no thing as safe investment especially for cryptocurrency all of the coins are dangerous and volatile its really important that you know this some of the people think that if they invest they will earn, well that's not really true in trading and investment there is always risk.

[mamesso]

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.

Everything we do have a risk, for example, like you drive a car on the highway, You will have an accident if you are not careful when driving a car. Likewise with investing in the crypto, there must be a risk of loss. What we have to do are how to avoid risks so that we can reach our goals safely.

[RussianEnglishTranslation]

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 ?

If you invest in any project where the developers control the supply it could possibly be a scam. If the devs raised funds from the public I would argue there is a 50% chance of it being a scam or greater. I'm only investing in mineable projects right now, namely RVN and 0xMR. Their regulatory compliant and the devs can't exit scam, dump on you, or rug-pull.

[alfredlachance]

this is a safe space for nerds and if u are dedicated to crypto trading bro

[bakasabo]

this is a safe space for nerds and if u are dedicated to crypto trading bro

You seems to be confusing something or dont understand what you are talking about.
Why do you match investment, which seems to be something connected with holding and trading? It is like saying that cold equals hot.
"space for nerds" ? Cryptocurrency is for everyone. Cryptocurrency does not differ your level of tech science, education, income and etc. You dont have to know coding languages, have MBA in finance trading and have a decade of stock trading experience to be in. You could just download an app to your mobile, add card and be a part of crypto world.

[speedforce]

this is a safe space for nerds and if u are dedicated to crypto trading bro

You seems to be confusing something or dont understand what you are talking about.
Why do you match investment, which seems to be something connected with holding and trading? It is like saying that cold equals hot.
"space for nerds" ? Cryptocurrency is for everyone. Cryptocurrency does not differ your level of tech science, education, income and etc. You dont have to know coding languages, have MBA in finance trading and have a decade of stock trading experience to be in. You could just download an app to your mobile, add card and be a part of crypto world.

Agree, except u want to develop some crypto related project, then u need to know some programming language like solidity or anything else. For crypto trading u need a little bit knowledge about how to read the price chart. Or As simple as just buy and hodl, u already be a part of crypto world.

[Godday]

The question was repeated. There are only 2 investment options in Cryptocurrency, namely Bitcoin and Altcoin. and for altcoin options there are currently so many (Thousands of Altcoins). about the risks you are asking, of course, both have, but here there are many people who give the opinion that altcoins themselves are good ones to invest in. you can do your own research or read experts in the field of crypto (technical analysis) and also fundamentals for you to pick the invested altcoins

[Ronny29]

What you mean under "safe"?
If you use trusted platform for trading you don't worry about safe.
Another question - will it bring some benefits for you?

[hulla]

If you afraid of losing money in the new projects then don't invest. Most of the new projects will turn to scam it is really risky to invest in the new projects. You better pick in the top coins,

New crypto project are highly risk investment but invest in top coins without reasonable research is just like invest in new project cause alot of people have invested in Bitcoin which is the number 1 crypto and later make lost in the end due lack of knowledge and not making research about the market before invest.

it would be a safe investment if you hold your altcoins for long term just like ethereum. I recommend you to invest in ethereum because I believe the price of eth will increase more.

Ethereum is a safe investment but if invest in at the wrong time it wont provide better result.

[speedforce]

Just choose top altcoin if you have a little knowledge about cryptocurrencies. If you want to learn more about the project, u can search many undervalued altcoin at coinmarketcap, but for my suggestion dont buy any ICO, IEO etc since its new coin which we dont know the performance yet.

Yes, top altcoin is always better because for some sort, it has already been evaluated. But some times it can happen you will still have a loss because it is a faild project.
We all know about BSV and XRP, it is fraudulent coin and has also high position in coin market cap.

Research is difficult and before people buy random coin, people should just use Bitcoin or Ethereum.

BSV has already have controversy before its forked, so investment on it should be aware before. And if u have investment on XRP, u have opportunity to sold it before its failed right? Its different between low coin and top coin. If you scammed by low coin, maybe you have no option to save your investment.

[chirag6313]

It all depends on which altcoin you choose. Because in the sense of safe investment, you have to pay attention to where you should invest in altcoin.? There are many criteria for this. Do a little research on yourself. Seek the advice of experienced people. Because altcoin also performs well.

[ZaraCB]

I think investing on an Altcoins is safe if you choose good coins. For long term investment, old, reputable coins should be chosen. And for short term investment you can choose some new good coins like DOT. If you can choose a good coin, you can earn a lot of profit from here.

[Hobo66]

Altcoins is  More volatile and full of High risk and result will give you higher rewards if done correctly.
Altcoins has ability to swing faster.
If you want more secure in investment but not as high yield then go for the 2 top ones...only bitcoin and ether.

[bitzizzix]

It's hard to predict altcoins at the moment and you need to be really precise about choosing a profitable coin, and my advice is that making long-term investments is a great option to avoid worry and pick the top 5 altcoins by doing a good analysis.
all investments will be at risk but there is no harm in choosing the most popular and trusted old coins and requires patience even if you have to wait a long time, and you should also choose bitcoins to invest in.

[leatutz]

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 ?

As you are searching for a safe investment, you must choose old altcoins. If any projects pass bullrun with high volume, those projects won't be scams easily. I think the best investment will be in new projects after the bullrun market. Although you can make a good investment before the next bull run, which means you can buy a low volume or a high volume good exchange coin.

[firmino10]

I think you are discussing icos and new projects that are launching in light of the fact that there are so many start ups, okay altcoins out there that are performing truly well from most recent couple of months all things considered I need to concur that the greater part of them don't convey so we must be extremely particular while investing.