Is Altcoin Safe for Investment

[pilosopotasyo]

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So how we make altcoin investment safe ?

Let them prove themselves first I was burned investing in new coins, I prefer buying coins when it hit the market because the ICO price is nowhere near of it's price in the market, the market is their battle field, this is where investors will see how strong the project is when it is gaining volume and the price is also increasing.

[1714521019]

1714521019

[pankowri]

Trust on those altcoins for investment which already has a good position and top ranked on market. Those have a good volume for trade. Before doing any investment, you need to do some research for gaining profit from those. Current time may be a risky for investment but the correction will be made again and everything will be stable soon.

[Farma]

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 ?

conduct research. this has happened a lot. knowing whether the altcoin is worth choosing is by doing some analysis and also doing in-depth research. without it, you will just guess and have trouble telling which project you really deserve to choose. however, choose a project that is always informed about their project development. if they already have a large market, it will be a plus for their project.

[Salauddin1994]

The value of altcoin is declining as most of the projects are scammed because tokens or coins have no value those who invest in the market suffer a lot because they do not get the right price therefore in order to select a good altcoin the market needs to be researched well. To invest in a currency you need to invest in a well tested currency due to the scam the demand for the projects in the market has decreased a lot. The investment needs to be verified by verifying the reliability of the project management the risk will be less and the scam can be eliminated.

[Menawi12]

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 ?

Altcoins that I think are safe to make long-term investments besides Bitcoin are Ethereum. Ethereum is a platform used by many projects and I think this will make ethereum viable for the long term in addition to its large marketcap value.

[proTECH77]

Some altcoin investors still find it difficult to carry out personal research before investing, in a particular project that you head about in the market. With proper research you can get reliable altcoin investment, where you can earn a good income and a well secure investment .
Yes, altcoin is safe for investment, if only you can follow the rules and regulations guiding the platform which will help all your coins to be well secure.

[coin_1122]

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 ?

Altcoins that I think are safe to make long-term investments besides Bitcoin are Ethereum. Ethereum is a platform used by many projects and I think this will make ethereum viable for the long term in addition to its large marketcap value.

Beside Bitcoin, ETH is one of the best altcoins to hold it for the long term, whenever we have the chance to buy ETH, it is best to grab because most of the Defi platform and future Cefi projects will launch their platforms in ETH block chains and it will help this block chain to get more exposure in the market.

[fishbonez11]

Don't invest in a project that has no use for you. If your only intention is to gain money, you are doing it wrong. Invest in a coin you are knowledgeable enough, it takes a lot research to be able to find a good project. Most coins that are newly introduced are actually not essential anymore, there are lot more established coin that are way better which can also serve its purpose the way new project are doing.

[mamesso]

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 ?

Forget new projects, because the risk is very large. You can minimize the risk of loss by investing in the top coins. Try investing in coins that have been tested and have a good reputation in the market, You can build a Portfolio with the top altcoins who already have confidence in the market. I believe, if you know how to invest safely, you can certainly manage your money well.

[Inkdatar]

Dont invest in such new coin is most safest investment strategy，only buy that has matured in the market. If you still want to invest in those new，what i can say is，good luck. More profit, more risk.

If they have a good strategy or look at the white paper of a new token emerging maybe they can draw conclusions. There will be coins that have a price and become a later date.

I still prefer investing in the top coins as the most safe investment. By looking at the whitepaper of the new project there is no guarantees that the project will be successful. We can consider those new project but with a greater risks. So the most safe investment is always do your own research and invest with real use case or have a product already.

[hannahB4]

We can't stop new altcoin from launching into market, altcoin is safe for investment just depending on the type of project you invest in. In investment risk is involved, just take your time researching well into the project and belief the best results to come from such a project.

[jrrsparkles]

If there is any formula to find an answer for this question then no one is going to lose their money in cryptocurrency space. Altcoin is safe when you choose the right project to invest which is the real task, and in my opinion you can avoid investing on new startups which has more risks.

[Kong Hey Pakboy]

Don't invest in a project that has no use for you. If your only intention is to gain money, you are doing it wrong. Invest in a coin you are knowledgeable enough, it takes a lot research to be able to find a good project. Most coins that are newly introduced are actually not essential anymore, there are lot more established coin that are way better which can also serve its purpose the way new project are doing.

Indeed. Always DYOR never trusts things or anyone else that you aren't sure it would be profitable or a promising project without doing enough research. Safe investment does not exist because investing your money can be always be involved in risk, especially if you tried to risk your money in projects that are not promising enough, so it would only lead you to huge losses or no large gains.

[lifeOK]

We can't stop new altcoin from launching into market, altcoin is safe for investment just depending on the type of project you invest in. In investment risk is involved, just take your time researching well into the project and belief the best results to come from such a project.

Crypto is highly speculative industry, most folks buying crypto want to make profit. It depends on the projects/altcoins whether has a professional team, token burns before listing, use cases etc. Investors are most interested in information about major exchange and active team with solid development. At the end we all are haunting money.

[chanler]

Before taking altcoins as an investment, you must know what altcoins they are. See, many members here also said that some altcoins may be good for investment. but mostly not. You may take them for daily trading or short investment, this may work and make you profits as long as you can get the right strategy. But here, if you are taking the wrong altcoins, it may mean that you are gonna get dead coins or shitcoins. So, be careful, only choose the Top coins with certain analysis in order to know the right choice of your altcoin investment.

[davinchi]

I would say it is "safe" for investing, but depends on the altcoin you invest into. ETH for example is an investment and it is doing the phase 0 right now , we are going to see ETH go up a lot more in the upcoming months. For at least 7-8 months we are going to be in development sphere and probably in a year we are going to have staking as standard in ETH.

Now if you are asking if it is safe to invest into ETH, my answer would be obviously invest into it because it is definitely safe. However there are coins like BSV where it shouldn't even be a thing but it is high, higher than it should be, in the rankings so at the end of the day if it crashes one day I will not be shocked and you should be careful. Hence it all depends on what you end up investing into.

[Farma]

If there is any formula to find an answer for this question then no one is going to lose their money in cryptocurrency space. Altcoin is safe when you choose the right project to invest which is the real task, and in my opinion you can avoid investing on new startups which has more risks.

Well, in the end, it will all go to popular altcoins like ethereum. For now, I feel that investing in a new altcoin is quite risky. If you can't take the risk of new altcoins and are looking for security, it's best to choose one that's been around for a long time. so far I also only invested in etheruem. i think it is the safest thing.

[bluebit25]

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 ?

Perhaps the OP is a failed investor in altcoin, what the OP just shared is a problem that happens in the market but it is only small and uncommon, i am also involved in altcoin and most of the projects that i participate in are profitable significantly, i think you need to learn how to invest to be able to evaluate the project more accurately.

[poodle63]

If you want truly safe altcoin investment then just follow those IEO by popular exchange such as binance. They have history of chasing the scammers within their platform and succesfully retrieve all the money but doesn't mean you gonna be immune from things like altcoin dumping or such.

Truthfully speaking, there's no such thing as "safe" when it comes to investing. Anyone could lose money anytime.

[Baimovic]

As we all know that investing in the cryptocurrency world means taking risks so don't be surprised if you know or even realize that many good projects, promising concepts, pay huge rewards for investing in them and actually that's just their scenario .. So, if If you want to invest in crypto or any project, do your research first and don't invest in one place. Another piece of advice, to minimize the risk of loss, invest in stable coins, BTC, or other top altcoins.