Is Altcoin Safe for Investment

[shadow123]

Yes if you try to buy altcoins please Do your own research before the buy it. Probably around 1 to 100 project in coinmarketcap are normally some good project with gain. But we can't depend only that . We must find potential of that project like project road map, team, impact areas in future etc.

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[kapalmabur]

I think it is very safe to invest in altcoins at this time, because if you look at all the charts of altcoins you can conclude,
that altcoins are at low prices, I myself also bought altcoins, but not just any altcoin I bought. I bought a good altcoin with a good fundamental,
because this is crypto, the crypto world is very risky, so we have to be careful and look safe

[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 only invest in projects without a dev wallet like 0xMR and RVN. It's impossible for these projects to exit scam or rug pull because there are no funds to do so.

[ebinoosha]

one simple rule is to never invest what you cant afford to lose. altcoin investment is with maximum care, do your due diligence and be hopeful. and dont be greedy once you are in profit. take out your capital and some profits then you can leave the rest.

[rhodelmabanal]

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 ?

I think you need to study or search about altcoin,proper understanding about altcoin is needed before investing into it. Not all atcoin are scam there are few altcoins that you can invest in. And the most wise investment is investing on altcoins that is already listed on market dont invest in new altcoins because as what you have said scammers are always there to scam your funds and run away.

[Farma]

Some of traditional alt coins like coins from top 10 or 20 can be good choice. Not best period maybe, careful.

Well, for now, below that, it still seems to have a high risk. To be honest, I have an altcoin that I currently hold on to, and the price is still going down, whether it's a bitcoin price being pumped, or a dump, the price keeps dropping. So, be careful to choose altcoins. some altcoins are safe, it's just that from a price issue, sometimes bad coins keep dropping in price, and after that, the project doesn't run and will end up being a scam.

[bastian466]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

[Nekonoid]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

[alevlaslo]

choose altcoins with a real usage, they are safe

[kojektea]

Altcoins can be safe, if you invest in altcoins that have a high trust value, you can see them in the coinmarketcap. Well, maybe what you're referring to is a new altcoin emerging or an imminent launch. It does happen often fraud, the thing to do is to do in-depth research before investing.

[Ekyfitri]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

I think everyone already knows that. people who are new to crypto will definitely enter the top asset market even with only a small profit. after success, they will try an offer to join in a new altcoin project. That's because curiosity about a new project that is successful gives investors a bigger profit.
The simple picture that is in the mind of a new investor is more or less like that.
but everything is not as easy as imagined. Many of the top market altcoins also have risks that can actually trap new investors with losses. it's all because new investors don't want to start learning first.

[Shova]

Can't put all of them on the same bucket. But a lot of alts are much more safer than bitcoin and a lot more risky. It also depends on the nature of crypto, their use and usability, supply and tokenomics. You can expect a audited bond crypto to be safest while you can't expect much profit from them. Generally the more risk you take, more are chances of high profit or total loss.

[domoy77]

During the market downturn, it is necessary to continue to develop and attract the attention of the community to the project. The project should also be useful to society in order to increase the number of users. For example so https://dragonbite.medium.com/ama-recap-dragonbite-special-ido-3949c0939c24

The example you provide is completely useless in my opinion, because it is not a worthy project to follow and also has not experienced development that attracts the attention of the community, so try to give an example of a project that is more useful than that.

[bastian466]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

I think everyone already knows that. people who are new to crypto will definitely enter the top asset market even with only a small profit. after success, they will try an offer to join in a new altcoin project. That's because curiosity about a new project that is successful gives investors a bigger profit.
The simple picture that is in the mind of a new investor is more or less like that.
but everything is not as easy as imagined. Many of the top market altcoins also have risks that can actually trap new investors with losses. it's all because new investors don't want to start learning first.

That's how people just want to get big profits in an instant and fast way without having to do research and study the contents of the purpose and use of the project, Nowadays people prefer the calls of popular people over themselves

[bastian466]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

That's right, we can also make direct calculations if the project we are participating in has the tokens registered on the exchange, so that before participating, everyone can do research on the amount of profit he will get when the project is completed.

Yes, because it is clearly already listed on the market, most new projects only include a roadmap of plans that will be worked on in the future. This provision does not guarantee the correctness of errors that often occur not according to plan so that people easily perceive that the project is a scam

[19Nov16]

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 guarantee that the investment will be profitable, even when we invest in property, gold or others there is an opportunity to lose, investors certainly know the best way to profit from altcoins, although it is very risky but in my opinion the potential for profit from crypto is very high.

[Rakeshten]

Nowadays this is not easy to find real project and stay away from scammer. But we can find by researching about a project in which you are Investing. First you have to look into their team and then look their project website, whitepaper,  and roadmap and also look their website traffic (how many people are visiting daily) if you can.

[Emmychris]

My simple advice here is don't invest on projects you know nothing about because that might be a big mistake, the crypto market is filled with lots of risk and also everyone taking part in crypto should be cautious. Most of this new project can easily run away with people's funds or can make an investor lost alot after investing on them, most times those projects turns out to be shit project and keep dumping on the market. So the little research made can possibly save you alot from loosing your money.

[the rise]

If you're thinking of investing in a newly pioneered altcoin it's going to be difficult, it takes a lot of technical and fundamental analysis, but now we've got coinmarketcap there you can see coins that the community already trusts a lot. Be careful with new projects, as many rely solely on fomo and then leave their projects.

[leea-1334]

Choose an altcoin that has been registered in a market that has been circulating in every exchange market, it is safer, can reduce the risk of things happening that you don't want, it can also be a short term or long-term investment if you join a new project you have to be really careful in choosing

Personally,,, this is bad advice to follow. An altcoin could pay 10 exchanges a listing fee for 1 week (and we all know this happens a lot, maybe less these days but it still does). I do agree it is "safer" because it does mean the project has money to pay for listing but I also feel this could trick a lot of people into thinking it is the next big thing and then before you know it,,, listing period ends and you have nowhere to sell but the exchange where the owners list dump pricing buys.