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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
GbitG
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February 24, 2021, 06:45:53 PM
 #441

I don't think so, because a few types of coins are real, and maximum coins have many problems, such as difficult to sale, difficult to convert from coins to money. Personally, I just believe in real cash. Honestly,
Your point is good but sometime this can give you good profit for this you have to do some work because every thing need some good intention for better result if you can give some time and effort then surely you can take some good profit and never keep all money in this try to have cashout after having profit because its very unpredictable market and any movement can give you some serious shock.

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February 25, 2021, 03:23:10 AM
 #442

Now it is a matter of commonsense. You know Big investor and corporation are expressing their interest in Bitcoin they are not talking about altcoin, If investor and corporation are going for Bitcoin then which one is profitable do you think? Investor of Corporate level are not seeking only profit they are care about safety too, They got Bitcoin as a safe asset for holding long term that's why they are expressing their interest about BTC.

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February 25, 2021, 05:22:35 AM
 #443

Due to the high failure in the ico market and the over hyped defi market many have lose they investment to either scam team or fake projects that never see the light of days. So investors have now shifted their interest on more stable coins such as bitcoin and ethereum.  Many others simply lost hope and moved on forgetting they altcoin experience.
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February 25, 2021, 08:41:14 AM
 #444

I believe only a small percent of all altcoins are not scams. One of my friends even tells me that altcoins are 90% scam. I dont have the data but it seems more likely correct due to personal experience. Its up to us to investigate those who are legit alts who offers good investment.
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February 25, 2021, 09:12:56 AM
 #445

If bitcoin is not safe for investments in 2021, why many users think there are altcoins for safe investments? It's fairytale
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February 25, 2021, 09:16:43 AM
 #446

I don't think so, because a few types of coins are real, and maximum coins have many problems, such as difficult to sale, difficult to convert from coins to money. Personally, I just believe in real cash. Honestly,

Only the coins or should I say Cryptos that are dead that are difficult to convert to cash because there are no market for them but if that cryptocurrency project is well developed with good teams behind it, there will always be work going on and new information releases to push project forward and there will always be market so you wouldn't have those problems you stated and for you being in this space, You also believe in crypto too and not just real Cash even if it is the end Goal. 
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February 25, 2021, 05:31:39 PM
 #447

It is important to calculate the potential profit and loss before investing in anything.  Investing in cryptocurrency is very risky but finding the right project can be a turning point in life.  However, a good project requires a lot of market research and experience.
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February 25, 2021, 07:13:58 PM
 #448

Every investment has risk obviously . But altcoin can give you highest profit. Even I love to invest in altcoin. But I do not  investment for long time in altcoin. But it gives you max profit if you can use some trics

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February 25, 2021, 07:26:34 PM
 #449

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 ?

First of all not all projects are or become scam. There are enough projects with good ideas and goid results. And even among all those that stop their activity are not scams - there were lots of reasons to stop, sometimes they just froze their projects for some period of time. And of course there are lots of projects that were, are and will use the lack of experience and trusting nature of lots of participants and disappear with assets forever. The key moment is that first of all risks are everywhere, and everything depends on your watchfulness.
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February 27, 2021, 04:59:45 PM
 #450

I just want to suggest that you don't get too excited about investing in an altcoin project that has more hype because thing may be different once you receive the token to trade.whose network is good and constantly improving, like Ethereum for example; but if you want to make ROI from new projects and tokens and their hype, you'll most likely be falling into the same scam trap most of the time, remember to always DYOR first before investing in any cryptocurrency
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February 27, 2021, 10:11:55 PM
 #451

There are two sides. you can gain more profits from Alts from a short time of a period than investing only in BTC or Eth. But if the market crashes you will have a huge loss if you only keep Alts.
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February 28, 2021, 05:38:26 AM
 #452

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 ?
Why do you think the only way to invest in crypto is ICOs? You can buy any crypto on a centralized or decentralized exchange and trade it. If you invest in projects where the dev team controls the supply, or that raised funds from the public, you have the added risk of rugpulls, exit scams, and dumping. I've been investing in projects that had no ICO, raised no funds from the public, and where there is no dev wallet to dump on you and crash the price, like RVN and 0xMR. I'm sure there are others out there but those look the best to me right now. I heard Turtlecoin is doing an upgrade right now, maybe someone can enlighten me there.
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March 02, 2021, 12:49:35 PM
 #453

There are two sides. you can gain more profits from Alts from a short time of a period than investing only in BTC or Eth. But if the market crashes you will have a huge loss if you only keep Alts.
Risks are always present and they increase if the user does not pay enough attention to monitoring the market and researching a specific project, since it is not worth focusing only on the rating of cryptocurrencies or on reviews. At least only Bitcoin and Ethereum do not raise high concerns for the investor, compared to other cryptocurrencies

#business #forextrader #bitcoinnews #invest
criket
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March 02, 2021, 12:53:10 PM
 #454

There are two sides. you can gain more profits from Alts from a short time of a period than investing only in BTC or Eth. But if the market crashes you will have a huge loss if you only keep Alts.
In fact this is almost the same, although in terms of losses it can be a little different, because if BTC has decreased by only 10%, then Alt will experience a decrease of up to 20% more like what happened in the previous market correction, so the losses are still bigger in Alt than on BTC.
that calculation is not always the case with all altcoins. if you looked at yesterday's correction of course you will see how ADA experienced a pretty strong pump. Some of the altcoins that are updating are sure to be able to build their own pumps even when the market is under a fairly large correction.
what happened was because of the market panic about the decline in BTC. so some altcoin holders also sell their assets to have a stable coin which is safer to keep the value of their assets.
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March 02, 2021, 01:20:39 PM
 #455

No coin is safer than the standardized once. By that, i mean coins like LTC and XRP. They've already had a break through in the market and as such, they just flow with bitcoin as it grows. Seeing opportunity in a newly introduced coin is good but you should also be ready for the risk which carries that, it could be a pump.

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March 02, 2021, 01:26:52 PM
 #456

No coin is safer than the standardized once. By that, i mean coins like LTC and XRP. They've already had a break through in the market and as such, they just flow with bitcoin as it grows. Seeing opportunity in a newly introduced coin is good but you should also be ready for the risk which carries that, it could be a pump.
even the coins you mention carry some risk. I think all the crypto assets on the market and even those that are still planning to be listed on the exchange all have risks. Even BTC has risks when we don't really know the asset and the market well. momentum is also very important, targets, and careful planning before buying must be considered. all altcoins have their risks and we need to understand better to reduce the risk of that happening.









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March 02, 2021, 01:44:08 PM
 #457

Of course Altcoin is safe for investment. The fact is that you did choose the right altcoin or shit coin.  Altcoins that have been tested and trusted for many years, if you invest in all those altcoins, I think your investment is safe. Profits have been made from almost all altcoins during the current bull run.
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March 07, 2021, 12:47:33 PM
 #458

It fully depends on you. If you are new to this market then I will say keep distance from altcoin. And first learn about this market then go for investment bin alts. And at that time you can go for bitcoin and largecap altcoins like ethereum dot etc. But if you know this market then it's fine. You can put your money on any altcoins. But before investing on alts always do some research on your own. Then put your money on it.

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March 07, 2021, 01:37:39 PM
 #459

Altcoins are safe but BTC is safer. Now with all that altcoins have bigger chance to go x10 or more. With bigger risk comes bigger rewards so it's on you to chose what will be best option for you now.
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March 12, 2021, 08:51:37 AM
 #460

I think Everything depends upon how you keep up your speculation and this scopes from your technique, to your circumstance about each emblematic you contribute. I acknowledge this will be giving you the secured spot to be used as speculation. It is definitely not an endorsed thing to bet into the new altcoins. If you have gotten some critical endeavor when the revision was going on I construe you have acquired reasonable money starting there.
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