Is Altcoin Safe for Investment

[Helpme_please]

Now the cryptocurrency market is extremely overvalued, so there is a market correction, but the need for cryptocurrency continues to be extremely high, so cryptocurrencies will continue to grow.

Yes, today I also see that market conditions have started to improve slightly and I myself also hope that this condition can continue to improve in cryptocurrency so that everyone can feel good profits, because corrections that are too long can also torture some people in the crypto space.

hopefully this is the real reversal trend in cryptocurrency market. Most of coins today have greeny  candle and maybe some traders will take profit in order to prevent dump. but so far there is no reason  to affraid buying bitcoin or altcoin, we have several good news in market now especially about ETF. for long term, bitcoin or other crypto will give us huge profits so  dont worry about correction  , its normal in market cycle.

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[Bertyda]

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

Now the cryptocurrency market is extremely overvalued, so there is a market correction, but the need for cryptocurrency continues to be extremely high, so cryptocurrencies will continue to grow.

The correction is already quite deep. Many cryptocurrencies have already lost half of their value. It is difficult to say how long this correction will last. When the market falls, attention to cryptocurrencies also falls.

[Ticketly.me]

People are losing money on leveraged BTC, and alts often do losses x2 compared to BTC.

Truth is, it all depends on the project, upcoming deveopement and news. etc. Question is to simple tbh.

[Tervelatuk]

Probably you'll just go with the flow in some coins and just sell them as what do most people do after the coins get listed at in an exchange.
Not everyone will go according to your strategy since pretty much many would just aim for the earning of the coin rather than holding it for a certain amount of time and do the usual "growing a plant" mindset.
I wouldn't say that all altcoins applies to this.

Some coins will just be a dump and pump once they get listed in the exchange, so if I were you try to find new coins because new coins are better to invest more and sell it right away once you already gain x3 on it remember that new coins are commonly a pump and dump so dont invest for too long on it.

for shitcoin that used for pumped and dumped scenario maybe avoid it will be better than hold it and wait till proftis 2x or even 3x. we didn't know in which project whales will involved, some of them do flash pump and then leave it. personally i am prefer project will strong fundamental that will build in some periode, utility and product will be main key.

[cryptoserega]

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

No one knows how long the market decline will last, so in order to have a competitive advantage over other projects, it is necessary to continue to develop the project, offering new opportunities for users of the platform.

Development is necessary for any market, both falling and growing. However, it is very important to continue developing the project so that the trust of investors and users always remains high.

[CryptoGuy42]

It all depends on the alt coin.
I like to check if it has utility and uses. I like looking at BLOCK, ADA, VET, ALGO etc
Another coin like $BYG is very new but it has a function in Black Eye Galaxy as a decentralized NFT token. It could eventually make a lot of money and gains for someone.

[Liamttw]

Investing in altcoins is risky. The emergence of most altcoins will only circulate in the market for a short period of time, and there is not enough technology to support long-term development.
The price of the crypto market is volatile, and there will be some unavoidable risks. Before investing in a new altcoin project, first understand the market operation of the project, analyze and judge the investment timing, and minimize the investment risk loss as much as possible.

[nikita2020]

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 correction is already quite deep. Many cryptocurrencies have already lost half of their value. It is difficult to say how long this correction will last. When the market falls, attention to cryptocurrencies also falls.

Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall.

[batako]

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 ?

Do some researches first to learn every aspects from the new coins being offered. This can be the hardest part tho since it wont guarantee anything even after doing researches. It doesnt necessarily that you will find the right project for investment. Invest only the amount that wont "kill" you if something bad happens.

[viananda2525]

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 ?

Do some researches first to learn every aspects from the new coins being offered. This can be the hardest part tho since it wont guarantee anything even after doing researches. It doesnt necessarily that you will find the right project for investment. Invest only the amount that wont "kill" you if something bad happens.

our research will be important part for our existance in cryptocurrency market, if we didn't do this at all and only following sugesstion from other traders or investors be ready to lose our money someday. we will find the positive and negative side from every project and make comparation which is more profitable and have less risk.

[Helpme_please]

bitcoin or altcoin are good investment portofolio , there are alot cryptocurreny have good utility and great ecosystem and so this project could growth massively in several months or year. With more han 2000 coins in market , we should strictly select them and pick only potential project that will give us profit in future. if we do this well , we will face less risk when buying altcoin.

[BitTraderCute]

when we decided to invest in altcoin , we only have two option. FIrst buy the major coins in top 100 coinmarket with low risk or we will buy new project that still in developtment progress and possible to be hidden gem. Analizing need to do and it will influence our next step in market.

[Slash61]

when we decided to invest in altcoin , we only have two option. FIrst buy the major coins in top 100 coinmarket with low risk or we will buy new project that still in developtment progress and possible to be hidden gem. Analizing need to do and it will influence our next step in market.

but not all altcoin assets are safe. all full of risks like your deed. although some of the top market altcoins do carry less risk compared to newer exchange-listed altcoins that are getting hype with a high probability of falling.
most importantly, never advise anyone new to the crypto market to buy and invest in new altcoin assets. just focus on assets that are already on the market well.

[distr@yopmail.com]

no one is safe to keep your money in crypto.
everything can eliminate the money you have. understand first before starting to invest.
those who have succeeded there understand how big the risks of crypto are. if you already know that you can focus on top market assets to get started. choose one with your small money. it will give you experience. after that, you can develop your investment with bigger money.

[kram31]

It is safe if you know how to choose the right and the legit one. But if you don't know, well that is not safe of course.
Moreover, altcoins so far in the market mostly are not good actually. Only few of them I could say that has a good movement
now in the market. Then, most of the coins are horizontal line in the graph.

[i8v8i]

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

Cryptocurrencies develop in waves and after a wave of growth comes a wave of decline. But usually the fall lasts much longer than the growth, so you need to be prepared for a prolonged fall.

Usually, those projects that continue to develop even during the market decline, with subsequent growth, have more competitive advantages and increase in price more.

[ARTURVH]

Altcoins is not safe for investment.we can not judge the risk from any investments especially in cryptocurrency，If you want  to make huge profit in cryptocurrency, you need to diversify your portfolio to altcoins 。We must buy cryptocurrency at the right time .If you have buy investment when the correction was happening You will lost too much.

[Roy Asher]

Altcoins are very risky. This is well known. We cannot eliminate the risk, but we can minimize the risk. If you blindly choose some rubbish coins, you will lose money and you want to invest in stable long-term holdings. Bitcoin is the first choice, the risk is relatively small, and then choose some top-ranked coins, don't choose one randomly, they will profit faster than Bitcoin, but the risk is greater, you must be cautious when buying coins.

[yohananaomi]

It is safe if you know how to choose the right and the legit one. But if you don't know, well that is not safe of course.
Moreover, altcoins so far in the market mostly are not good actually. Only few of them I could say that has a good movement
now in the market. Then, most of the coins are horizontal line in the graph.

especially now that everything is experiencing a decline, so actually it is appropriate to be able to choose which altcoin can still survive well in this deteriorating situation. based on the ranking and market cap on coinmarketcap we are able to at least analyze which altcoins can not sink to -60% more than their last ATH. at least they are able to not go down to the bottom, because if it goes down once it means there is no ability for them to be able to maintain it well. so the odds are rapidly increasing will be left behind with other altcoins and ready.

[jinneas]

Any investment has risks. Many altcoins will obtain high returns in the short term, and the greater the returns, the greater the risk. To invest in altcoins, you must understand its market conditions and invest in altcoins that have been on the market for a long time and have a good reputation. The important thing is to do a good job in risk management and stop losses in time.