Is Altcoin Safe for Investment

[Vishnu.Reang]

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.

The trustworthy exchanges don't have this system for listing a coin for just 1-2 weeks. If you want to list your project in a major exchange such as Binance or Huobi, then you need to pay the listing fee (which may amount to several million USD). On top of that, there will be very careful screening of the project from these exchanges and if the inspectors flag the project as shady, then they will return the listing fee and refuse to deal with the project. So in 99% of the cases, if a project gets listed in Binance or Huobi, we can be assured that it is a genuine project.

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[huu78]

safe if you choose the right one, not safe if you choose a scam project.
for that you need knowledge about researching a project whether it is good or not.
my advice deepen your knowledge about crypto before deciding to invest.

[cl0wn]

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

[huu78]

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

more risky if you don't know about the project, investing is a matter of researching and waiting long enough for you to make a profit and not a short time.
so it will not be easy to determine 1 really good project from the start.

[CapGelatik]

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

more risky if you don't know about the project, investing is a matter of researching and waiting long enough for you to make a profit and not a short time.
so it will not be easy to determine 1 really good project from the start.

Before joining the project at least we need to do research on the project that we will follow,
until now there are still scam projects so you need to be careful,
regarding investment for me it is a long term asset so we can't expect to make a profit in just a short time

[dimox]

we cant send trust to other people, so if you want to trust some project, just make sure about that project close to successful. there must be an error, but its better if you dig, as deep as possible to see how great they are.
you can find a good ico, it wont be as much as the scam.

[domoy77]

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

Yes, now is the time to stock up on some ETH at the lowest price because this moment of decline is very valuable for those who want to buy at the lowest price point, but for those who have already bought at a high price, it's good to always be patient in conditions like now.

[viananda2525]

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

Yes, now is the time to stock up on some ETH at the lowest price because this moment of decline is very valuable for those who want to buy at the lowest price point, but for those who have already bought at a high price, it's good to always be patient in conditions like now.

dont be hurry to buy some ethereum or other altcoin , i see market still face another dump after China fud. looks like current condition still utilized by some whales to dumped market and create extreme fear till we sold our assets to them cheaply. Be patient for a while to buying any cryptocurrency , wait for best moment while we see good news from high influence person just like from china as good sign for market recovery.

[ingiltere]

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

That's very good advice from a clown. Ether will probably overtake anything on a clowns world.
Bitcoin is always the safest choice when it comes to crypto-currency investment. Other major altcoins are risky at some point but minor coins are high risk and you should only hold if you %100 believe in that project. I wouldn't put majority of my investment into altcoins though Bitcoin is always a go-to safe haven in every market for me.

[mhine07]

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

[Sendi blackspade team]

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

so before you invest without doing an analysis first of the project you are investing in?
to be honest it is something very bad that you do. I hope that is the last time and give you a meaningful experience.

I myself still believe that the altcoin asset in question is a market potential altcoin. and I like those in the top market. BNB and DOT are currently my biggest bags. I plan this for the long term.

[awik p]

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

for new projects sometimes we find it difficult to identify whether the project is good or not. sometimes white paper can't be used as a reference, therefore if I personally prefer altcoins that have been listed at the top of the coinmarketcap to invest

[ChaoChibai]

Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.

for new projects sometimes we find it difficult to identify whether the project is good or not. sometimes white paper can't be used as a reference, therefore if I personally prefer altcoins that have been listed at the top of the coinmarketcap to invest

Yes, of course. your statement is so true, basically for me, I think we have to invest first from top listed coins in coinmarketcap. This action will decrease the risk to fail. in my early journey of crypto, I invest on Ethereum and until today, I still hold it though.

[leea-1334]

The trustworthy exchanges don't have this system for listing a coin for just 1-2 weeks. If you want to list your project in a major exchange such as Binance or Huobi, then you need to pay the listing fee (which may amount to several million USD). On top of that, there will be very careful screening of the project from these exchanges and if the inspectors flag the project as shady, then they will return the listing fee and refuse to deal with the project. So in 99% of the cases, if a project gets listed in Binance or Huobi, we can be assured that it is a genuine project.

They all used to actually,,, but you are right now there do last for a few months but I have personally seen a big exchange like Bittrex only list for a few weeks, especially with their IEO tokens that only listed for a few days before price crashed to even -99% of the IEO price, then they just removed it because of all the FUD.

[bakasabo]

Just be very careful. If you get on very very early on, you might earn some cash, but still extremely risky.
I would invest in Ether myself. I strongly believe ether will overtake everyone sooner or later.

Yes, now is the time to stock up on some ETH at the lowest price because this moment of decline is very valuable for those who want to buy at the lowest price point, but for those who have already bought at a high price, it's good to always be patient in conditions like now.

Good point on Ethereum. I've noticed that the price of Ethereum losses more than other most popular altcoins. I think it will be wise to get some Ethereum before its upgrade London in two days. Even though before update does not show a huge growth, but at least losses can be minimized during red market. Who know what can came out from it. Ethereum fees are high again (due to red market), but with upgrade it was promised they will be improvement in transaction. This might work well for investors.

[$anounimus$]

dont be hurry to buy some ethereum or other altcoin , i see market still face another dump after China fud. looks like current condition still utilized by some whales to dumped market and create extreme fear till we sold our assets to them cheaply. Be patient for a while to buying any cryptocurrency , wait for best moment while we see good news from high influence person just like from china as good sign for market recovery.

Yes, waiting a while to make a purchase on a good coin is very appropriate for now, because if everyone can get a good coin at a low price, obviously the benefits to be gained when there is good news will be huge.

[trauchot]

Investing in new altcoins is a huge risk, so you need to think several times whether you should invest in new altcoins and therefore it is best to invest in proven top altcoins and you will always get a good profit from this, but you can, for example, invest in new altcoins that are held IDO through the top IDO platforms, but even the top IDO platforms have a lot of scam projects, you can also try to take part in token sales on such top platforms for token sales like Republic or Coinlist.

[sunny28]

There are no completely safe and reliable Altcoins for investing. Because absolutely all altcoins depend on Bitcoin, where the price of Bitcoin goes - there goes the price of Altcoin.

But for investing, you can choose popular Altcoins from the TOP 10-20, their price will not jump sharply.

[CaptainDeFi]

absolutely
the best time to buy and hodl long term tokens
loaded my pockets with CRPT CRYPTERIUM 
crypterium.com/crpt

[devil2man]

there are no safe and profitable investments regardless, so investing in shitcoin is always a gamble, better to prefer famous altcoins with a certain future such as eth, bnb, matic, if you are really interested in a new coin just launched before investing is better do some research on the team that proposes it and on the project / roadmap