Is Altcoin Safe for Investment

[matico]

Cryptocurrency market is filled with good project that want to make difference in economy,  finance and business.  However  there will be bad player in every worth endeavour.  The onus is now on investors and traders to be able to distinguish legit project from scam project .The successful altcoin out there usually take years before they become successful and they don't promise people of instant wealth!

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[coin-investor]

So far, Altcoins are still safe to invest. It's just that you have to be good at choosing which coins you will make long-term investments and have the opportunity to have a good future.

But they are a handful right now, I would not even think of investing on coins with no proven usability and was created because of the hype, pick the top coin in the market and choose new coins that have usability, the most important thing is what they can contribute to the industry in general, a coin is defined by its platform and usability. 

[Bazlur]

Investing in IEO of a famous exchange is the safest investment however, due to a lot of entries and competitions, you will only get very little amount of those IEO tokens.

Everyone wants their investment to be safe. And if IEO is in Binance launchpad, then I think it will be the safest investment. So the competition here will be a little more, that's normal. Almost all of the projects that have IEO in Binance are successful projects. As a result, there is no need to worry about whether their tokens will be sold. This is why the amount of tokens is reduced individually.

[inanilujimi]

Cryptocurrency market is filled with good project that want to make difference in economy,  finance and business.  However  there will be bad player in every worth endeavour.  The onus is now on investors and traders to be able to distinguish legit project from scam project .The successful altcoin out there usually take years before they become successful and they don't promise people of instant wealth!

There are also many altcoins that have increased in just a few days after they were launched, that's where people are easily fooled by such patterns.
nothing is safe in the crypto world, everyone has their own risks.
Before getting into altcoins, try to choose an altcoin that has a usability that is acceptable to the market.

[carrigan]

You should be more selective in choosing the project to be worked on. Maybe this method is not the most effective way to avoid scams but at least you can be more careful. You can also choose several platforms that are truly trustworthy, such as ETH. Need to know again if all investments are risky such as security problems and the way that can be done is not eliminating but reducing the risk.

[Sophiya]

I think that any investment is dangerous. it is impossible to earn a good profit just like that without risk. therefore, it is worth learning everything about the project in which you are going to invest. of course, you should not invest your last money, since the risk will be even if you invest in super, a stable altcoin

[wildan88]

I think that any investment is dangerous. it is impossible to earn a good profit just like that without risk. therefore, it is worth learning everything about the project in which you are going to invest. of course, you should not invest your last money, since the risk will be even if you invest in super, a stable altcoin

Yes you are right, as long as it's cryptocurrency there's no such thing as safe investment even if it is Bitcoin or Ethereum all of the cryptocurrency is volatile but one thing's for sure all kinds of investments are not safe there's always a risk in terms of investment.

[ogundowotoby01]

Altcoins can be good investments and they can also be bad investments it depends on each individual project. Some projects are created by scam teams and will not be successful, some projects are created by serious teams but they either lack the market for the solution they aim to provide of their concepts aren't well grounded so these types of projects naturally wouldn't see any big form measurable success.
The best altcoins for investments are those that are created to provide solutions to pressing needs either in real life or on the Blockchain, with this and a good competent team, such cryptocurrencies often provide good return on investments and are great long term investments

[Sardel]

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 ?

Before making any investment decisions, it is important to analyze the project's fundamentals, use case, vision, and developers first. By understanding these principles, you can be assured that your hard earn funds are in a safe place. One best example of this project I can recommend is Stakenet's XSN. Go and check for yourself.

[Rimueng]

vesting in altcoins always carries both big and small risks and depending on how we make choices and all promise the same hope that we will be successful in the future, so if i invest in altcoins always choose altcoins that are old and reliable.

Actually, it's not about how old or young the Altcoin is to be chosen as an investment choice, but on the performance of the team in creating new things that can benefit everyone through its benefits, as in the very close example between XLM and BNB, XLM is older than BNB, but now BNB has beaten XLM in terms of potential and enthusiasts, so BNB has become an option that is always considered by everyone.

Innovative altcoins are always more reliable by many people in their investment choices, I think the examples you mentioned do not include XLM but Bnb, ethereum and cardano are some of the Altcoins that have innovation. so that investors are interested in these Altcoins

[taufik0911]

Altcoins can be good investments and they can also be bad investments it depends on each individual project. Some projects are created by scam teams and will not be successful, some projects are created by serious teams but they either lack the market for the solution they aim to provide of their concepts aren't well grounded so these types of projects naturally wouldn't see any big form measurable success.
The best altcoins for investments are those that are created to provide solutions to pressing needs either in real life or on the Blockchain, with this and a good competent team, such cryptocurrencies often provide good return on investments and are great long term investments

Yes, it's true that altcoins can be a safe investment, but it can also be the other way around
it depends on our own analysis who invests in altcoins the first thing to analyze is the project team, how interesting is the project, how big is the community and you have to learn about their white paper to minimize the risk of scam altcoin projects

[meves99]

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 ?

We must first make sure about altcoins and try with small capital in a market that is trusted and has tight security, if it is safe to start with large capital, I think so.

[Hughes_Ryan]

So how we make altcoin investment safe ?

Some of the top popular altcoins are very safe to invest in like ETH, BNB, ADA, Matic, Dot, Link, excluding new altcoins that carry a huge risk from platform control and monitoring.  A lot of problems related to fraud, forgery, scam.  It's safest to embrace bitcoin - never loses its power.

[int03h]

The altcoin is also worth a long-term investment if it has a backer and usage environment. I have seen many x10, x100 altcoin projects after many years of development such as AXS, Luna, ADA, ETH, XRP... We want big profits, we also need to accept a little risk. Long-term investing is a good thing if you've done your due diligence on the audience you're going to invest in. I support investing in altcoins because they have a diverse usage environment and new technology. Supporting altcoins is supporting creativity in the blockchain space.

[Rb48]

Altcoin There are some coins that are very safe to invest. Ethereum, ADA, XRP, BNB, DOT, By buying all these coins you can make a fairly safe investment. It has been seen that if the market increases, the price of all these coins will increase automatically. The price of all these coins will increase automatically. So you can if you want to invest safely Altcoin.

[poldanmig]

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 ?

Whether or not altcoins are safe for investment of course it depends on our own choices, if you choose an altcoin that is ranked in the top 10 coinmarketcaps such as eth, bnb, cardano and also other coins, of course it can give you peace of mind in investing, because it is small it is possible that the altcoin will become garbage so that you lose money, but if you invest in a new altcoin that does not have strong fundamentals at all, of course it is very likely that bad things could happen to the money you invested.

[noah tall]

Crypto is fully risk because now the number of scammers has increased a lot. And also many fake coins and projects are being created. Now it has been tough to find the best project. There are still many good and promising projects but people can't invest in them due to scam projects.
There are many tokens that are coming automatically to your wallets their price will be 1K-5K$, but you will not be able to sell them when you will try to sell them your wallet will automatically hacked and may you loss your all assets.

[Rikotin]

Ethereum, Binance, Litecoin, Matic, Solana are all altcoins and prove to be good investments and contribute a lot to the development of the Cryptocurrency industry, so we can safely say that investing in the Top altcoins in the market is highly profitable and highly recommended. but remember one thing not to put all your money in one basket.

[Matteorsini]

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 ?

There are too many scams now. You are right but there are some solutions. First solution is diversification. There is really small possibility that all of them turn scam. secondly you should choose projects with real utility and road map because they can make more money by their project than stealing some money from people, that's where your money is safe. One very good project I'd like to recommend is XSN - Stakenet's native currency.

Instant TXs and settlements
Near-zero fees
Scalable
Cross-chain
Private
No wrapping
API supported

Backed by an amazing team and community.

[tiffcrz]

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 ?

I have a strong faith in projects that are still alive and continuously developing over the past years. One very good example is Stakenet XSN. The development team are working silently to provide their users with instant, scalable, near-zero fees over the lightning network when making any transactions.