Is Altcoin Safe for Investment

[fahmimajannat]

Yes it is untill you are investing in right Projects. There are many projects in the market with great potential in future. But you have to identify them. And hold them untill they rise to the top.
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe

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[Ronny29]

Yes it is untill you are investing in right Projects. There are many projects in the market with great potential in future. But you have to identify them. And hold them untill they rise to the top.
Ao it depends on your investment skills whether it safe or not. If you have a great sense of investment then its completely safe

Every potentially good project can be a scam, but if you think this is a scam project - it can be useful and not at all a scam.

[TelolettOm]

I think investing in the crypto is very beneficial, but have very high risk, such as very large decrease in prices, so that it makes investors lose big, but if we master the Al technique of altcoin it can reduce the risk of the loss, so before you invest in crypto  you should first learn the ins, and outs of the altcoins you want to invest in,

It became an obligation before investing in altcoins, especially nowadays with the growth and so many concepts being developed to be careful in placing money in altcoins. During the current bullish market, we will indeed see the price will experience a high increase, but if a large dump of altcoins whose community and fundamentals are not good, there will certainly be a massive dumping in a fast time.

[(o)(o)ilikeboobs(o)(o)]

Altcoins are well worth investing in projects with clear content and goals sponsored by organizations or with a team of programmers who are competent and persistent with the project. Many altcoin projects have fallen into the past, so investors need to know how to take profits. I recommend investing in many different projects to minimize risk if possible, participate in the ICO to get the best price. Participate in an ICO on a bull market for a good return.

[max6575]

with more confirmation as trader or investors work with the tasks of evaluation as confronting ideas within the forum of expert, those helps as might with the decision to secure least with risks as disputing number of resource on request with the exchange.

[Alohadanc3]

It fully depends on you. If you are new to this market I would say stay away from altcoins. Specially small cap coins. You could go with bitcoin and some large cap alts. But if you know this market then you can put your money any where. For me it's fine to invest in alts. I out a lotsbof money in alts. And it's work for me.

[sunny28]

Well, get acquainted with the project, look at its future opportunities, what it offers you and what it wants to implement on the market, otherwise you can not understand whether it is worth investing your money there!

In general, any investment is associated with risk, so you always need to be careful!

[francois-cooper]

Alts are here to accumulate more Bitcoin if you manage to trade.

[plexasm]

on a risk-adjusted basis, it's an obvious bad trade.

if you want more risk, just trade bitcoin on leverage.

if you buy altcoins, decide before you buy at which price-point you will sell and stick to it

[francois-cooper]

in my opinion, it only depends at which period do yu buy altcoins.
But it seems now is a better time than 2 years ago (middle of bear market).

[btc-facebook]

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 ?

Finding a potential altcoin that is not scam requires in-depth research on the coin, However, not everyone can do in-depth research so the right way when investing is to choose projects that are alreadylisted on Binance, because of course the project has passed the audit stage from the Binance team. Or it is easier to invest in major coins that are ranked in the top 10 in market cap.

[Dollar_Hunter]

This is the power of altcoins, and I think this is the beginning of the rise of altcoins, if you still ask whether altcoin investing is safe? I will answer 100x that altcoins are very safe, buy altcoins and hold until the long term, maybe 2022 is the altcoin season, so don't miss this moment, look at binance and some other markets that altcoin prices have gone up 400% to 1000%

[Zemomtum]

Altcoins that have competent developers which can be ascertain from their GitHub and also follow the roadmap strictly is good for investment for a long time let say 2 years

[Dexion]

we cannot eliminate the risk of any investment, especially in cryptocurrency which we know ourselves that we depend on the market rate, but we can minimize the risk by cutting our losses as quickly as possible when the market goes down, or we are more patient to wait for the value to rise again and stop immediately if I am not sure that I will be able to go up again in the future

So, I advise you to invest only in the more popular altcoins to reduce the risk of investing in altcoins

[bryant.coleman]

As of now, the altcoins can be broadly divided into two categories. The first category consists of established altcoins such as Ethereum, Cardano, Binance Coin, Cardano, Litecoin and Chainlink. These coins comprise up to 80% of the altcoin market cap. On the other hand, we have thousands of smaller altcoins (many of them can be classified as shitcoins) which comprise less than 20% of the market cap. Now the question is which one is more suitable for investment. The first category of coins do have good future potential, but they looks overpriced. The second category is not overpriced, but they include a lot of scam projects.

[max6575]

different unit on option as investors might work with customs of personal strategy on distributing funds and possession of resource with the chance on invesment with the altcoin market, that more investors to gains of returns with the good experience on decision of involvement with the business field of crypto finance.

[Impala8_]

Do your research! Don't get scammed
Ask people
I was thinking about investing in PEAK like a year I think and only now invested cuz I was afraid
now when I know there's OKEx listing coming and NFT's I'm 100% sure their are worthy
It's just the matter of time and knowledge 

[francois-cooper]

it's safe if yu use them to accumulate more bitcoins

[Dexion]

If you have been an investor in crypto for a long time, you should always be careful when making your investment decisions. If you have done good and thorough research and are confident that you will be able to do it, good luck.

[bonyaserg]

For me, investing in cryptocurrency is considered the most flexible and profitable business. Because only by investing money, you can get a good profit. Yes, now there are a lot of scammers on the market who cheat and steal funds a lot. But there are also positive aspects of investing in cryptocurrency. You just need to understand well, and you can immediately see where the scammers are and where the honest projects are. Therefore, I wish everyone a fair investment and a lot of return.