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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
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December 01, 2020, 11:47:05 AM
 #41

An altcoin is safe for investment just depend on your preference. I would suggest that if you are new to this then you make sure you do research well on the project if is visible and launch in for investment. if this thrives it will be a plus for you at the end of the day. As we have a scam we have good and realistic projects.

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December 01, 2020, 11:54:20 AM
 #42

In order not to fall for fraudulent altcoins, analyze the project very carefully before making your decision. Also, never invest in unknown altcoins and see who invests in it. It happens that very large companies invest, then this is a good altcoin.

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December 01, 2020, 12:08:07 PM
 #43

I think altcoin safe for investing long term is eth, BCH, BNB and ripple, maybe you can hold with litecoin. Never try to hold new coin or DeFi coin for your investment because they not have royal how to make their coin keep higher price. Always try to make scam coin with selling all coin supply and make price down. You can take example with Sushi where is not good coin because have been scam after dev sold their supply coin. Maybe you have be careful when investing with altcoin because not all altcoin can be on higher price for long term and have responsibility when coin going down to make have higher price again with buy back.

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December 01, 2020, 12:10:13 PM
 #44

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 ?

investing in altcoin certainly has risks, so we have to really choose the right altcoin to buy, so that we don't lose our money and my advice is that we better invest in altcoin that are in the top 100 coinmarketcap, because project from altcoin that are in the top 100 coinmarketcap already have products and progress, besides that altcoin that are in the top 100 coinmarketcap also have a high trading volume and this proves that many people believe to investing in these altcoin, so the chance of the project to fail or scam is very small.

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December 01, 2020, 12:14:05 PM
 #45

I would say that altcoin is safe for investment. Even bitcoin is not a safe investment because both bitcoin and altcoin have fluctuated for the price. If you really want to search for a safe investment, you can choose gold because you don't have to worry about the price of holding gold. The gold price will not fluctuate too much. But since we are in the crypto world, you can select bitcoin for the investment, and if you want to use altcoin for the investment, you can use it for the short term.

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December 01, 2020, 12:20:20 PM
 #46

Buying IEO coins on the Binance exchange is a good recommendation.
I don't recommend, buying IEO coins have a big risk, you don't know what happens next time, when people dumping the price and make volume coins to be down. pretty sure Binance will unlist the coins asap.

Bitcoin is slowly flourishing and flying high.I think you should invest in the top 30 Altcoins on coinmarketcap. it will be safe, low risk, potential. The new Altcoins which you should be selective about and learn about it.
I have seen people bought 30 altcoins on top coinmarketcap in 2017 and today those coins going to be top 1000's. the top rank market cap isn't a good reference to investing

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December 01, 2020, 12:24:52 PM
 #47

I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
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December 01, 2020, 12:27:18 PM
 #48

no investment is safe in this cryptqurrency industry even if it is an altcoin. it's just that to minimize the risk of investment loss we can still choose bitcoin and some other top altcoins. This is not a guarantee, but it is not bad when compared to new projects, they are prone to scam and don't last long in the market either.

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December 01, 2020, 12:37:26 PM
 #49

it is likely to be risky if you invest in the lowest or newest Altcoin, and before you invest, having to do a volume check to find out as a metric is a great way to know if a coin is healthy or not.
You should analyze and study all Altcoins and seek advice from experts not to make wrong choices, and my advice for the top 10 Altcoins is the right choice to invest in and has been trusted for a long time and is safe.
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December 01, 2020, 01:16:25 PM
 #50

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 ?
To minimize risk, if you want to invest in the long term choose Altcoins from the top 100 Coinmarketcap. Currently, new altcoin projects can only be used for short-term investments. Because it's too risky with scam.

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December 01, 2020, 01:26:35 PM
 #51

Its safe for investment if you invest in the right projectm or you can just invest in ethereum thats the king of altcoin afterall and its pumping real high. Also I recommend DYP, all the features in that project like staking is paid in ethereum.
If you say investing in Ethereum I really agree with that, but if you make a recommendation for the DYP project I start to doubt about that, because DYP is a project that was born this year and in enthusiasts and the foundation still needs to be strengthened so that everyone can trust that's deeper into that project.
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December 01, 2020, 01:46:39 PM
 #52

I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
How you believe the all altcoins are dangerous for investment, If you fear in altcoin you pick USDT because it will never die in crypto platform. The current market is really good to invest for altcoins But we must analyse the each altcoin and choose the perfect ratio of investment is good way to survive the altcoin.
The future demand will always varied depends on the market holding and trade the investment.
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December 01, 2020, 02:33:56 PM
 #53

Personally I only trust the top 1-20 coins in the coinmarketcap. But I believe there are still promising new altcoins we can try. I dont want to name drop, but make a research before making any investment.

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 ?
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December 01, 2020, 02:53:32 PM
 #54

Personally I only trust the top 1-20 coins in the coinmarketcap. But I believe there are still promising new altcoins we can try. I dont want to name drop, but make a research before making any investment.

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 ?
Me too. I only have bitcoin and xrp, the top 1 and top 3 coin in the market. Next time I’m gonna buy Ethereum, but gonna start with the small amount again, though I know that they are at the top, still I’m not gonna invest all of my money. Maybe if I am become a millionaire someday, gonna invest more.

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December 01, 2020, 03:03:16 PM
 #55

Investing in altcoins are safe as long as you know where you are investing. It's already given that there are also a bunch of scam projects that are just trying to defraud others by making them believe in their claims. But of course, not all altcoin projects are like that, so you just need to find a legit project to say that it's safe. And to know if a project is legit, always do enough prior research, know the team behind it, know their objectives and such. It's not how you make altcoin investment safe, it's how you keep yourself safe from scammers when investing.
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December 01, 2020, 03:06:57 PM
 #56

I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
If demand is the basis then for sure if Altcoin don't get it then Also bitcoin did not reached the Adoption.
Because once that Bitcoin make it there surely altcoin will be considered also because when that time happen the demand for crypto will increase and Bitcoin will not carry all the transactions and this is why Altcoins was created for this manner.
they will comply for the missing part so Don't generalized altcoins because there maybe gone but surely there will be remaining and that is what we must understand.Bitcoin and altcoins will be together forever.

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December 01, 2020, 03:54:01 PM
 #57

Its safe for investment if you invest in the right projectm or you can just invest in ethereum thats the king of altcoin afterall and its pumping real high. Also I recommend DYP, all the features in that project like staking is paid in ethereum.
If you say investing in Ethereum I really agree with that, but if you make a recommendation for the DYP project I start to doubt about that, because DYP is a project that was born this year and in enthusiasts and the foundation still needs to be strengthened so that everyone can trust that's deeper into that project.
indeed ethereum is a very good altcoin and suitable for long term investment so it is certain that ethereum will provide a lot of profit and is very safe for the future.
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December 01, 2020, 03:59:42 PM
 #58

I believe that all altcoins are more dangerous for investments because there is no certainty that they will be in demand in the future. Even in Ethereum this can be assumed...
If demand is the basis then for sure if Altcoin don't get it then Also bitcoin did not reached the Adoption.
Because once that Bitcoin make it there surely altcoin will be considered also because when that time happen the demand for crypto will increase and Bitcoin will not carry all the transactions and this is why Altcoins was created for this manner.
they will comply for the missing part so Don't generalized altcoins because there maybe gone but surely there will be remaining and that is what we must understand.Bitcoin and altcoins will be together forever.
Undoubtedly, altcoin will move along with bitcoin, since all cryptocurrencies primarily depend on the first cryptocurrency of the market. But for an investor, first of all, you need to pay attention to specific altcoins, because not every altcoin will have a prospect in the future. I believe that one can count the profitable altcoins on the fingers, since all the others stay on the market only through speculation.
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December 01, 2020, 04:00:56 PM
 #59

When I stumbled on this question, I begin to ask myself if there is ever anything called safe Investment. No Investment is safe what we only consider is the level of the risks involved. And I believe altcoins are not in exception. They have the higher level of risks when you know the cryptocurrencies very. But there are some good projects that has lots of potentials of giving you higher returns on your Investment. Only fee of those projects exist though. So if you are ever looking forward to invest in altcoins, you have to fo it with proper care and examine the project very well. You might also need to consult some crypto gurus for that.

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December 01, 2020, 04:14:07 PM
 #60

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 ?

Do you know Ethereum is an altcoin?
If you want to be safe and feel secure of your investment, then do not forget that Eth is also one of a kind good coin to invest.
Apart from Btc, Eth is the next big thing in crypto ecosystem. Btw, Eth 2.0 is on progress and officially launch. If you doubt new altcoins, put all your investment in Btc and Eth for your safe sake.

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