Is Altcoin Safe for Investment

[Renampun]

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 ?

Don't take the risk of investing in emerging altcoins...

investing in altcoins will continue to be profitable and safe as long as you choose the right altcoin, currently I see many newbies buying new tokens, to be honest it's really risky, if you want to invest in crypto safely then just buy tokens that are already in the top 100 coinmarketcap.

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[romero121]

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 ?

Don't take the risk of investing in emerging altcoins...

investing in altcoins will continue to be profitable and safe as long as you choose the right altcoin, currently I see many newbies buying new tokens, to be honest it's really risky, if you want to invest in crypto safely then just buy tokens that are already in the top 100 coinmarketcap.

Investing on altcoins is really risk involved. Even with the potential altcoins out of reputed network when launched have got high risk. Because, most of the time the early market movements won't be good as calculated. Another thing, those altcoins will also have dependence on the market of bitcoin. If the market is bearish then what we invested will is under high risk.

We also need to find the good side of investing on new altcoins. Recently in an launch the person who invested around $50k made a profit of more $100k selling only 10% of his invested assets. So, there are people who have benefited for the risk they've taken.

[mhine07]

Yes it is safe to invest in altcoins but depends because there are many altcoins out there that are scams so better to research for the altcoins you want to invest. You can visit the coinmarketcap for you to choose the altcoins you want to invest. I have been investing in altcoins and gaining profits from them. Best to invest is the etherium for me because it is for a long term.

[Sir Legend]

Yes it is safe to invest in altcoins but depends because there are many altcoins out there that are scams so better to research for the altcoins you want to invest. You can visit the coinmarketcap for you to choose the altcoins you want to invest. I have been investing in altcoins and gaining profits from them. Best to invest is the etherium for me because it is for a long term.

Of course we have to be selective, because many altcoins are dead, if the goal is long term or at least 6 months then buying the top 100 altcoins listed on Coinmarketcap is a good and safe thing.

[Wend]

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 ?

Its not the first time having a project would be scam in the end, Since in the past years there are to many of them and they copy the platform of the other project  and change a little to be new project. If we want to invest make sure the project invested was totally trusted, Maybe just try some old project to invest because there are lot of them would be get you a profit in no time. There is new project but be careful most of them is a trap to get your money.

[monineklutak]

Of course we have to be selective, because many altcoins are dead, if the goal is long term or at least 6 months then buying the top 100 altcoins listed on Coinmarketcap is a good and safe thing.

Yes, and if 100 different Altcoins feel like a lot, then you can reduce it by half, because those in the top 50 and above on coinmarketcap are also very good to have in the long term with a duration of 6 months.

What is clear is that there are quite a lot of good altcoins for investment,
but when talking about altcoins that are safe for investment for me we can choose between the top 20 or 10,
but again we also need to do research first on the coins

[Wong Gendheng]

Please before investing in new projects, please learn in advance their vision and mission.
Find out who's working on the project and learn about their whitepapers. This is in anticipation of the risk of bad things that will happen.
And don't forget to join their social media and get important information from members.

New projects are currently too risky, it's easy to make BSC-based tokens of course a scam, maybe they just waste $10k, but in a short time they can get $1 million, I recommend selectively choosing new projects.

[PIR]

We know investment in crypto have a risk, specially if you have invest or buy in ICO, we don't know what happen next when you invest or buy their token some of project are scam. But if you invest or buy altcoin I suggest you buy a stable altcoin, but this is not sure your investment have a profit this is a risk when the market is up and down.

[ampu]

Referring to investment is about risk, so any altcoin project is risky in investment. Ehtereum had a time when it dropped to $ 1 when the error of the coinbase pro exchange caused a series of stop-loss orders and rumors that the CEO of Ethereum died in a crash.
To limit risks when investing in altcoins, it is necessary to allocate a reasonable amount of money to different altcoins.

[iTradeChips]

Most of my investments then and now has been altcoins. I trade them, I invest with some, stake some, and made money with some. I don't think that I will be stopping trading on altcoins for sometime. And I think that others should also share their sentiments on altcoin on others as well. We all profited through the years with our altcoins, so there is no reason for us not to trust the altcoins that we like and we will continue supporting them no matter what happens.

[Hobo66]

You are right nowdays too many Projects are launching and also i believe that mostly scam projects also coming but there are alot of good altcoins from where you can gain good profits, currently market is not good so don't invest now but keep eye on market and whenever market stable and when you see a little good opportunity for buying i will suggest some good coins to buy, Ada, matic sol, bnb, eth .... Always do your research

[barota]

in the world of crypto there is lot of crypto . everyday new coin listed in coincapmarket.com , there is lot of fake project that , we can say over 90 percent of coins for sure
for this , the good solution is to invest in bitcoin and the top 10 coins like etherum , litecoin ,dogecoin , dashcoin , neo , binance coin  bnb
 the crypto have lot of risk so dont invest what you cant affrod even buying bitcoin and legit altcoins is very risky too because of  the change prices that need two years for back to prices of buy

[domoy77]

Altcoins are probably the best thing to get right now though. Im currently getting DIVI, it could grow by a lot.

It's currently also listed on KuCoin

Besides buying directly, is there a special program that can be done by everyone to get the DIVI token? because I see there are some people who often talk about this DIVI token, whether they say it on purpose or just make an advertisement in every topic on this forum.

[Pamadar]

New projects are currently too risky, it's easy to make BSC-based tokens of course a scam, maybe they just waste $10k, but in a short time they can get $1 million, I recommend selectively choosing new projects.

True, it is also almost the same as in the past when many projects used the ETH platform to create tokens which ended up being a scam, because scammers at that time could print new tokens very easily, as is the case now in BSC.

Those times when ICO are mostly being created using ERC, there are lots of people also claimed being victimized by scammers.

You need to be more selective in participating with new projects, though there's also opportunities but try to weigh things out before you
go ahead and place your investment, there's no one to blame if you lose it because of those scam projects, nothing you can do to chased them so better to do your diligence doing your deeper research.

[bamb]

I really do think altcoin has as much potential as bitcoin.  There are altcoin that have already proved their worth in the market and have consistently grow in development and in their ecosystem!  The best practice is to  invest in altcoin a percentage of your portfolio that will not harm your portfolio in case there is loss of value on your altcoin.  You will be able to stay above water when the worst hit happens or enjoy your profit if your selected altcoin becomes successful!

[shushu2007]

Investing in those altcoins are just launching is alway risky, but some of them are also full of profitable, risk and reward always coexist, people brag their project is quite normal, but it dont means we believe it, anyway, buying new currency should have the consciousness that lose all of the money.
i don not have enouth guts, so i only just invest in those altcoins with high market value.

[iTradeChips]

I have been wondering about that too. If coinmarketcap or coingecko are able to distinguish fake from legit projects. I guess my first assumption is that since it is on their website then it must be legit right? But then again, some legit projects get crappy as time passes and then people will no longer buy the coin until it closes. I think aside from researching we also need to check forums and give it time for us to read all the information here so at least we will be armed with the right information.

[apa don]

Yes, in new altcoins there is a big advantage if in the future there is a pump, the profit is directly proportional to the risk it carries. It is safer to invest in coins that have shown their quality and are able to compete in the crypto market and even last for a long time.

Even then, if there is a pump, if in fact there is no pump at all, then it is clear that the loss will come to the buyer of the new Altcoin, because not everything can be good, especially since the concept does not have a different function from the old one.

[bahagia93]

Investing in those altcoins are just launching is alway risky, but some of them are also full of profitable, risk and reward always coexist, people brag their project is quite normal, but it dont means we believe it, anyway, buying new currency should have the consciousness that lose all of the money.
i don not have enouth guts, so i only just invest in those altcoins with high market value.

Yes, and you'll also look pretty awesome when you start being honest with everyone by saying you don't have the guts to buy new Altcoins, because avoiding new Altcoins isn't a bad job, because it's still better to keep the old Altcoins that already have a high value in the market instead of having to risk new altcoins.

[irsada]

Personally, if you want to invest in new altcoins, I always look for those with large communities such as Twitter and Telegram accounts that already have more than 10k followers. although that is not the main benchmark at least the altcoin is not easily manipulated by whales. most importantly white pipers and their vision of being in the market must be clear and viable in the crypto world.