Is Altcoin Safe for Investment

[cabron]

You can kindly prevent scams investment by searching thorough by the quality of their project the promising, future and also the people behind of project if this thing you do you can avoid losses of funds.

Promising projects can actually turn scam still. There had been lots of legit and promising projects back 2017 and their prices are also hitting its ATH but after the bulls are replaced by the bear market for almost 3 years, the rest of them are gone already. The team turned scam.

There are altcoins that are safe for investment but not all. Just pick the top 10 at least those coins will have a higher chance of them not scamming.

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[matchi2011]

Altcoins are safe means of investing your money in a crypto space especially if you don't want to buy bitcoin however you have to be very very careful when selecting the altcoins to invest in and there is no room for not making your due diligence you have to always make your research because there are a lot of scam coins out there that have pretended as legit of coins so if I were to advise or advice that if you are without experience you should cook for the most obvious good altcoins like etehreum or binance coin.

No such thing as safe if you don't pay attention knowing the project that you'll going to invest your money, everything has
its risk if you don't find time to understand the process.

Very need of educating yourself in every aspects and influence of each projects to place your money, your knowledge is the
very key of successing from this venue of investment.

[Sithara007]

The biggest problem with altcoin is that users tend to generalize them. There should not be any category called "altcoin" as such. There can be only two categories - Bitcoin and coins other than Bitcoin. Among the altcoins, we have very promising coins such as Cardano and at the same time we have shitcoins such as DOGE and XRP. Grouping all of them together is beneficial for the latter group, while detrimental for the former.

[bonyaserg]

I believe that the most secure investment is Ethereum coin. Ethereum has been the best investment for a few years now. Since it has a lot of support from large communities. And the Ethereum platform itself is used to create other blockchain projects. And therefore, the Ethereum coin will always be relevant and will bring tremendous profit.

[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 ?

That's why I'm only investing in mineable tokens with no dev wallet like Raven and 0xMonero. I'm tired of being scammed by ICOs, rugpulled on uniswap, and dumped on by team founders and VC.

[RobbyDama01]

The potential for future price increases makes Bitcoin an attractive investment asset for investors to keep. Bitcoin can be useful for protecting the value of assets owned by someone, compared to being stored in the form of cash which is easily eroded by inflation. Bitcoin has the characteristics of a potential anti-inflation asset whose value can increase over time.

[MUHAMMAD NUR AMANAH]

Investing in altcoin I think there's a risk, depending on whether it's good for us or even for us falling, it's all gonna take a lot of altcoin scam, because the bitcoin ethereum example is constantly fluctuating from the bitcoin movement, and obviously the market is a rush Going up altcoin altcoin because they also want to succeed like ethereum, and as it clearly will come up altcoin scam as well, then there's nothing wrong with us if we invest in new projects, but there's also nothing wrong with us if we invest in new projects, but there's also nothing wrong with staying put, moving to achieve what we came for It's possible that our losses can be minimized and study the projects we're working on. check the revisions. see if it can be done

[Rampagoe004]

All investments in crypto are not safe and certainly have a high risk, if to choose an altcoin to invest, my advice is to choose one that has quality in the market or the top 10 altcoins because these altcoins have many listings on the market, there is a possibility that they are not too risky than choosing a new altcoin that is don't know where it's going and where it's going

[criket]

All investments in crypto are not safe and certainly have a high risk, if to choose an altcoin to invest, my advice is to choose one that has quality in the market or the top 10 altcoins because these altcoins have many listings on the market, there is a possibility that they are not too risky than choosing a new altcoin that is don't know where it's going and where it's going

the biggest risk is wrong in determining the moment. Even though he chose the top 10 assets in the market today, but when he bought at the wrong moment, the risk he will receive is greater. although the value may come back again but plan from the beginning will change.

[carrie_white]

no investment in this world is 100% safe, especially when talking about altcoins, altcoin investing is of course very tempting especially if we look at the bullrun market, but still altcoin investing has a very big risk, but it is worth the big profit too.

[valek.bruno]

If you came to the field of cryptocurrencies and you understand that cryptocurrencies are high-risk assets, then you should also understand that altcoins are also divided into stock types. There are platform projects, there are products. I invest in platforms. They have a great opportunity to make money.

[ameliana]

no investment in this world is 100% safe, especially when talking about altcoins, altcoin investing is of course very tempting especially if we look at the bullrun market, but still altcoin investing has a very big risk, but it is worth the big profit too.

yes nothing is safe but there are several top coins that can minimize the risk of loss in investment, especially with BTC or coins that have entered the top 10 in CMC and there are even several types of stable coins such as USDT. for those who do not like high taste they can take the above options.

[Alohadanc3]

For me investing in altcoins are risky. Those who know this market easily put their money on altcoins and they would make some profit from that. But if you are new to this market I wouldn't suggest you to put your money on altcoins. Cause if you don't have any kind of knowledge you could loss your portfolio. Soni would suggest first know about this market learn about this market and then invest.

[Kitaiev]

no investment in this world is 100% safe, especially when talking about altcoins, altcoin investing is of course very tempting especially if we look at the bullrun market, but still altcoin investing has a very big risk, but it is worth the big profit too.

I totally agree with you.
It seems to me that a good strategy would be to buy no more than 1% of deposit so you can avoid big losses.
And if we show a lot of patience we can earn money if our project shows good growth.

[Rampagoe004]

Of course, investing in cryptocurrency has risks depending on the amount you trade later, the recommendation for you to choose the top altcoin in the big market only requires understanding the analysis and looking at the graphs, it's not complicated to spend a lot of projects or icos so you can invest in altcoins, I still believe in ethereum and bitcoin for future investment not with the latest altcoin trend

[voteformeg]

we are playing in a risci area , crypto , especially altcoins are risk to invest in , think that is the reason that there is lot of money to be made , but if you read a lot you can lower the risks with all the scams these days

[MarcoReus11]

if anyone knows proper strategy about AltCoin market so that person has no risk to lose his balance. If a person doesn't know about AltCoin So it will be risky to take a part in Alt-Market.

[Justin999]

Taking risk by Investmenting with new altcoins, is totally depends on investor choice.if any investor think to make an safe investment then they can choice top and good ranked altcoins and make small profit. But if anyone think, he will investment on new altcoin and test his luck if that altcoin would pump 10x!  Then thats his personal problem. No one would be responsible for his loss or profit he make

[salty]

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 is no specific formula for how to choose and trust projects. As a rule, most people follow the advice of influential people.

[Rexler]

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 ?

Theres no way you can be safe as long as you are investing in a new altcoin project, you just have to do a proper research to make sure you are not investing cause without conducting a proper research you will end up send your money to scammers who will run away with it, so my advice is focus on altcoin projects that have already proven to be successful to avoid investing any a new altcoin that might end up becoming a shit token in your wallet.