Is Altcoin Safe for Investment

[bison]

Altcoin market now are in red which means you can buy at a lower price but be careful. Altcoin is safe for investment but it depends on a type of altcoins. Choose wisely in the market. Don't just look at the beautiful name of a token but also try to learn or do some research about the project before investing and buying their tokens.

By studying the altcoins that we will invest in carefully, it will make it easier for us to make decisions in the middle of the red altcoin market as it is today, because when the market is red it is the right time to invest, because as you said we can buy at a low price so if in the future we will get more profit when the market starts to go green again.

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[wallet4bitcoin]

Why Not? But, You have to make a quality research before investing. Maybe you can invest in old coins like ETH. Also so much good altcoins available in cryptocurrency market to buy.

Here is a risk to investing in altcoins without big knowledge. So much scam altcoins created by scammers. Be aware from them.

[Valak]

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 ?

If you are hesitant to invest in a newly launched project, it would be better if you can invest in altcoins that are already on the exchange. So you can control the price of coins yourself.
However, if I invest in an ICO project, IEO or whatever it is called, I see the partners, teams, and even who is promoting the project in this forum. At least they all have done their research before collaborating with the project.

[Lunafox]

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

It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.

When the market falls, there is little attention to projects, so it is difficult to develop a community. But the main thing is to continue to develop the project and support its ecosystem, so that people can see about the development.

[ZAINmalik75]

Altcoin are best in crypto after bitcoin. So you can easily trust on them for investment but keep in mind that you need to invest in those project who had take his position in the top 10 list of best altcoins.
Because the 10 coin are really strong and potentialful project with a really trusted team.
So keep invest in alt but in CoinmarketCap top 10 altcoins

[SDKmaster]

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

It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.

Now the cryptocurrency has risen again, although most likely this growth is temporary. Cryptocurrency is a promising technology and in the future it will grow in price.

[JohnBitCo]

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

It is very good that only the best projects will remain. This is a market, so only those projects that are needed and really useful to people survive on it.

Now the cryptocurrency has risen again, although most likely this growth is temporary. Cryptocurrency is a promising technology and in the future it will grow in price.

Cryptocurrency growth is not temporary. The bitcoin prices may pump or dump but in the long run the prices will always rise. If you compare both Altcoin and bitcoin, then bitcoin is more safer investment than the altcoins. According to my experience, more than 50% of the investment should be in bitcoins.

[Waleedzain323]

Flood of new projects in same field is quite disappointed me as DeFi i have sceen many many scams on the name of DeFi. Everything ongoing in new market is not good at all so alt coins are safe but the proper research on the project team is needed and their uniqueness should be an important factor as well. Hoping as DeFi NFT projects will not disappoint us.

[flagpara]

The fall of the market will clear the cryptocurrency industry of numerous projects that are not needed and have no practical use.

Yes, but the purge of the useless cryptocurrency industry will only be temporary because when the market starts to rise again, there will always be a useless cryptocurrency industry that is born blindly.

So many stock exchange listed companies don't have a proper industry but offer a huge volume. We can't do anything about it. Only we can avoid those projects or can take bullrun opportunities from those projects. So many scam projects will be launched in a couple of months, but we should invest in old projects except we are an expert. Very old altcoins projects are very safe to invest in.

[LUCKMCFLY]

All Altcoins in my opinion will always depend on BTC, even in this market I have seen the emergence of LTC differently,, Litecoin has shown a great recovery with respect to the other cryptomoneds, in fact the market in general is supposed, the recovery of BTC has made many Alts get their Bullish path, LTC shines differently from the other Alts:

While assets such as Bitcoin, Ethereum, Binance Coin, Cardano, etc reached new ATHs during the 2021 rally, Litecoin hardly closed a weekly candle above its 2017 high. Observing the weekly chart also presented the reduction of trading volumes over the course of both cycles.

Litecoin wasn’t able to consolidate above its immediate support of $145 as well, which was the 2019 high. The valuation remains firmly under the 20-Moving Average but the main concern remains its sideways movement on the weekly chart.

Source: https://ambcrypto.com/this-is-the-main-difference-between-litecoin-and-other-altcoins/

[TastyChillySauce00]

there is no any kind of investment that is without risk, especially in the crypto world of course it has a greater risk than other investments, but if you want a low-risk crypto investment, try to buy one of the top 100 altcoins

Even coins above top 100 still a lot more volatile than other investment but at least it isnt as volatile as the meme coins that was made for speculative purpose.
However the least volatile coins except stablecoin are usually in the top 5 because their market cap is large but still quite volatile, if anyone want to find a safe investment iust stake stablecoins.

[armanhusni]

They have all picked up a gigantic gradual addition over the most recent couple of days. With this upswing, there is a high chance that they will keep on going up. So its never past the point where it is possible to get them. On the off chance that you have gotten some significant venture when the revision was occurring and I surmise you have brought in nice cash from that point.

[daporivera]

I'm never gonna advise anyone to invest heavily in altcoins. Apart form the fact that they are quiute unstable, most of them turn out to be scam, which is very sad. Everyday of the Year, some one , somewhere is lying about solving a problem that doesn't exist by launching a project to rob people off their money. Yeah, I know they're good altcoins out there, but differentiating the bad from the good is quite hard.

[dndfinance]

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 ?

True. And there will be more Altcoins out there everyday. As a beginner, just buy Ethereum. The safest amongst Altcoins.

[RockCryptoWorld]

maybe DEED? Deedy Digital have created this token and they will have an NFT platform very very soon. they have a lot of interesting things which they want to push, so I think it could be a great gainer for all of us.

[Om.monata]

altcoins are good for investment. but you have to be good at selecting from the thousands of coins that are there you should try to choose a few coins that have the potential. because in cryptocurrency everything is full of risk. don't just use altcoins without analysis because it will risk losing

[aioc]

Even coins above top 100 still a lot more volatile than other investment but at least it isnt as volatile as the meme coins that was made for speculative purpose.
However the least volatile coins except stablecoin are usually in the top 5 because their market cap is large but still quite volatile, if anyone want to find a safe investment iust stake stablecoins.

Stable profit from the top altcoins in the market but as an investor, we want a diverse portfolio so we keep adding more coins to our basket, there's a big attraction on other altcoins besides the top 10 and new coins, but the hardest thing is you never know who of all these new coins has a huge potential in the market and will really live up to your expectation, it's like a box of chocolate you never know what what you are going to get.

[bekti3]

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.

Then what do you think about crypto that has this potential? if you know then tell me. Not only does it show the number of altcoins that are up to now, it has become a mess in the kitchen and the Bitcoin market. And with the large number of altcoins today, there is a narrow space for altcoins to grow to highlight their respective criteria.

[Blowon]

Actually altcoins are very safe to invest in, but we trade in cryptocurrencies that even with a good proggress they can be at the lowest price when the market is not good. However, some altcoins also contain only scams. You have to be good at researching. try to research the top 10 coins in coinmarketcap. it's very nice to invest.

[GatotKaca]

yes I agree with your opinion. When we invest, we should first analyze all the altcoins, separate which ones are just trash or can even become big dragons. Often enter the forum, so that we can get more information... so we can refer to which coins are good and worth investing in. And still save physical money to protect ourselves from wrong predictions.

why do we separate or analyze the waste project? when we have seen a project that has no potential and the coin will not grow in the market then leave it. many altcoins are still worth choosing.
my message, avoid speculation with encouragement from others. just focus on your own planning and predictions. it will grow your skills.