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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
Insomnia family
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July 27, 2021, 04:40:17 PM
 #801

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.

If you don't like a high appetite for investment risk then I highly recommend buying only the top coins, for example. BTC, ETH, BNB, etc. Coins like this are suitable for long-term investments. but if you are a day trader you can take risks with new coins which usually increase to 50% - 100% or even more. but remember only for a certain period of time and not for the long term. and most of them are listed on pancakeswap

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July 27, 2021, 04:40:49 PM
 #802

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.
What you are saying is very precise, because speculations from other people have not been able to confirm the truth and usually people who encourage others through speculation are people who want to make friends because they themselves have been trapped in bad Altcoins.

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July 27, 2021, 06:17:12 PM
 #803

Entering the investment world, we must be prepared with the risks that will be faced, no one can guarantee 100% safety, what needs to be done in investing is to look for opportunities to gain profits and minimize every risk.  investing in altcoins that are already established is the best way for you instead of wasting energy on coins that are not clear which actually makes us always haunted by all acts of fraud.
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July 27, 2021, 06:34:00 PM
 #804

No doubt that there is high amount of risk investing in new altcoins most of them are not legit with no specific targets the main aim is just to make huge profits and run away .It is much better to invest in older coins they may not be as profitable as the new ones but are more safer.

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July 27, 2021, 06:40:15 PM
 #805

No doubt that there is high amount of risk investing in new altcoins most of them are not legit with no specific targets the main aim is just to make huge profits and run away .It is much better to invest in older coins they may not be as profitable as the new ones but are more safer.
yes, maybe what you mean about old coins is not that it is unprofitable for investment, but rather to minimize the risk of loss if investing with old coins or top coins in the crypto market. as I know it is true that investing in new coins is very risky. for me personally I recommend top coins like BTC, ethereum, binnance and some others depending on your taste too.

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August 01, 2021, 10:01:47 PM
 #806

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 ?
Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.
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August 02, 2021, 06:09:59 AM
 #807

If you invest blindly, the result will be insecure. I followed up a project during the epidemic, but I did not invest because its model is a bit like MLM currency, and it requires people to recruit people. At this point, they are worthless coins. If you have friends around you investing in this type of coin, you need to give some advice to prevent your friends from being deceived.
When you invest in altcoins, the first thing to look at:
  • The white paper of the project, see if there are any similarities on the Internet.
  • The technical team, and team members are not anonymous.
  • The relationship between official social media, communities and fans.
  • Don't invest because of feelings, and don't completely obey others.
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August 02, 2021, 07:52:24 AM
 #808

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 want to invest in altcoins, there are several things you should pay attention to, market movements, coin stability, and market trends, these you need to pay attention to when investing in altcoins. Otherwise, the investment will continue to be problematic.

Don't easily believe coins that are too fast to give high selling value, this will be temporary and the habit of coins like this will last for a while, but look at coins that move slowly and surely, if we can see this well. Then our investment will most likely be successful.

Now it's getting more and more confusing to invest, with so many new altcoins appearing, but not able to give good progress, that's why we need to study and analyze first.

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August 02, 2021, 11:10:40 AM
 #809

I don't analyze a lot of altcoins but bnb, ethereum and polkadot are good investments
there are thousands of altcoins in the crypto market, choose one that has a good reputation and performance, don't choose new coins, it's very risky

To me personally, yes, I invest and have already posted money from the altcoin: dbx. How do you feel about this altcoin?
dbx? what is this https://www.coingecko.com/en/coins/dbx-token. I see the token is inactive, are you sure to invest in dbx

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August 02, 2021, 11:24:10 AM
 #810

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 ?
No one can guarantee that altcoin investments are safe... So when we intend to invest our money in altcoins, we have to consider many things. Analyzing the coin is really very important, so that when we invest we know how far we will keep it. For myself, if indeed the coin has reached the peak and is profitable for me, I will definitely sell the coin.

That's true, 2018, I invested in Bezant, one of the most promising ICO back in the day, they raise millions in just minutes, great team and really great fundamentals. But still didn't make it through, and now project has been abandoned.

Now I learned, for long term, I'm hodling btc, eth, ada and sol. I also hold NFT games but not long-term, AXS, $ANRX and TLM.
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August 02, 2021, 12:08:49 PM
 #811

That's true, 2018, I invested in Bezant, one of the most promising ICO back in the day, they raise millions in just minutes, great team and really great fundamentals. But still didn't make it through, and now project has been abandoned.

Now I learned, for long term, I'm hodling btc, eth, ada and sol. I also hold NFT games but not long-term, AXS, $ANRX and TLM.

Not surprised to learn about Bezant. 2018 was a horrible year for the ICOs, after a couple of extremely good ones in 2016 and 2017. And the situation has remained like that ever since. The success rate of the ICOs remain at less than 5%, ever since the great bust in 2018. Now among the coins you had listed, ADA is one coin that has given spectacular returns during the last 12 months. I just hope that you purchased it before the rally started. And I don't have a good opinion about the NFTs. I don't think that it is a very intelligent move to invest in them.
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August 04, 2021, 07:36:17 PM
 #812

this is safe or not depend on how we invest our money, did we invest all of money and didnt set trading rule or money management ? even if buy major coins which is relatively safer it could make our money lose as long as we careless about in which price we have to entry. There are alot good altcoin in market , and we could pick one them that will give us profits, but we have to research it before.

The crypto market cannot be secure on its own. This is one of the most speculative markets in the world, how is it supposed to be safe?
It must be dangerous because it is in his nature. Even ordinary investments have a risk, and the crypto market is multiple times, especially altcoins.


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August 04, 2021, 11:13:32 PM
 #813

Whether or not the market is safe or not depends on one's ability to understand it, because when talking about risk, everything is clearly risky and people who are able to understand risk and are able to understand the market even though not completely, then for him the market will not always be dangerous.
Well risk has become the main reason when we enter crypto and all of our risks will bear it and if we are afraid of risk then we will never dare to move forward in investing and only watch when prices rise and cannot make decisions when prices fall. it's a big loss. Better to try than to be a spectator.

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August 05, 2021, 07:16:13 AM
 #814

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 ?
New altcoins, indeed, most of the scams have a greater risk, many are scammed because of their ignorance and not being careful in looking at projects that have the potential to choose listings on the top 10 exchanges and having a clear team for future project goals, transparent is also very important so that investors have full confidence in the project. As usual, many investors who want to get full profits, basically investing in altcoins must choose projects that have real investors and reliable marketing.


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August 05, 2021, 07:23:58 AM
 #815

What does the OP mean by "safe"? Why those who are in search of "safe" investment flock to the cryptocurrency market? I am saying this because cryptocurrency is anything but safe. There is no guarantee that the coin or token which you are investing in will remain in the market after a few months. That is why the cryptocurrency market is suitable only for those who have a very high risk appetite. Even if you invest in Bitcoin or any of the established altcoins, you should always be open to the possibility of losing all of your investment. For "safe" investment, please purchase treasury notes or gold.
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August 05, 2021, 08:03:45 AM
Merited by Symmetrick (1), kxwhalexk (1), Poker A-k (1)
 #816

you can
  • Take a look at their white paper
  • Search on Google to see if there are any similarities, and see if the official language of the white paper is fluent.
  • Can  buy coins on different exchanges
  • Understand the team technology and see if the team members have experience.
  • Check whether the telegram group is active, and check whether there are any abnormalities in various social media
Hope it helps
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August 06, 2021, 02:48:17 PM
 #817

There's no doubt that there's a higher risk involved investing in altcoin coupled with the fact that the success of the project is dicey, but not withstanding its important to know that investment in a successful altcoin could be much more lucrative and this goes with the fact that the higher the risk, the greater the reward.
In so many ways we can't predict who will be the best altcoin aside from ethereum. But the fact is all of them have a potential to explode and make it's value rising like a star.

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August 06, 2021, 04:00:33 PM
 #818

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 ?

Some altcoins are safe, some aren't. I think that is a fact we are very much aware of. I think the frustration for a few comes with identifying the right ones. Well, if you are looking for a project to invest in, I recommend you check out Seascape Network. You could participate in their staking, farming, gaming, NFT, mining activities and a lot more to earn passively.
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August 06, 2021, 04:06:33 PM
 #819

Not only Altcoins, every investment is always risk and that's why we must careful to choose where we want to invest. I can't say is safe because crypto investment is always high risk.
Cryptocurrency is always risky and uncertain . Your investment is not always profitable.Some investments are like pouring ghee on a fire.Even if you invest in other coins including Bitcoin, no one can guarantee the profit you will get.

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August 06, 2021, 05:51:31 PM
 #820

There is no shortage of scammers in the crypto industry.  Many new crypto projects are coming up with new promises every day. The number of real projects is very low. So it is very risky to invest in these projects. But if you find a good project, you can make a good amount of profit from there.

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