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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
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August 17, 2021, 02:55:59 PM
 #861

Any crypto investments are high risk because of the nature volatility we are dealing with that's why people say invest what you can afford to lose because crypto is a gambling place in the first place. That's the risk you are facing with but with right research and decisions surely that investment will give you a profit of your ventures in crypto space.

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August 18, 2021, 08:35:48 PM
 #862

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 ?

Many altcoins are already on the exchange market and you can choose altcoins that already have a large volume and have been listed on many exchange markets because the risk of scam is very low. but my advice is to choose an altcoin that already has good popularity in cryptocurrencies and you can look for it through coinmarketcap. because not all altcoins are safe for investment.

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August 19, 2021, 08:24:42 PM
 #863

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 ?
A stable and well-established project should have a realistic use case, fundamentals, growth history, and a team of transparent individuals. As I always suggest to any investor looking for the next crypto gem,  a comprehensive research before venturing into any investment is required. My researches show, One of the altcoins best fit to the above criteria called #Stakenet #XSN. Check it out! https://stakenet.io
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August 19, 2021, 08:36:34 PM
 #864

Actually we can get a big profit from Altcoins if we can choose Altcoins properly, because usually Altcoins price increase can be very high. But if we are in doubt then we should invest in Bitcoin only. Investing in Crypto, we really have to be careful, because there are a lot of scammers here.

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August 20, 2021, 09:43:58 PM
 #865

I think this question depends upon what to invest and when to invest.  If we are talking about new ico or any new project, then we cant say that it is a 100 percent safe to invest. However if we invest on the top coins or top altcoins already in the market, then its a guarantee that it is safe to invest, we should just be patient to wait or hold for making profit in the long run.

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August 21, 2021, 04:05:39 AM
 #866

if the goal is to invest in altcoins for the long term, you better choose the top 20 in cmc because if you invest in new projects it is very risky because they are still new and they have a lot of work to prepare for their projects and this is very risky

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August 21, 2021, 10:32:08 PM
 #867

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 ?
"Well, it depends on you. Do your research first - read online articles, join in forum discussions, watch YouTube videos etc. So you can be sure.
For me, I always believe in projects with good fundamentals and real utility. Projects that have been around for years. Has an active and professional team of developers backed by an active community like Twitter & discord.

If you are interested, you might wanna check out this amazing project people are sleeping on - Stakenet XSN Wink."
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August 21, 2021, 11:32:27 PM
 #868

Truly the crypto market is filled with a lot of scam, but it's our duty to always make our own research so as not to fall victim of scam, the little research we do can likely change a lot of things for us and also save us from lots of danger, truth be told no matter the rate of scam they are really good project in crypto which perform real good but the main point is getting to know which project will likely turn out great, I will give a little tip! Always check out for what the projects has to offer (use cases) and also how hardworking and active is the team can also determine what the outcome could be like.

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August 22, 2021, 04:10:11 AM
 #869

if the goal is to invest in altcoins for the long term, you better choose the top 20 in cmc because if you invest in new projects it is very risky because they are still new and they have a lot of work to prepare for their projects and this is very risky

Even the top-20 list contains a number of shitcoins. Having a higher market cap is no guarantee to future price rise. Also, the market cap calculation that is currently used in CMC is not completely logical. For example, coins such as XRP are having an inflated market cap, because most of the coins are kept away from active trading (around 80% of XRP is owned by a handful of the promoters such as Chris Larsen and Jed McCaleb). That means that a shortage is created in the open market, which helps to keep the prices at high levels.

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August 22, 2021, 04:20:51 AM
 #870

There is no specific answer to this query. AFAIK, it depends on which alt coins you are investing in. Eth, montero to me are very safe. But there are new alt coins that also gave good return to there investors like this. You need to do lots of research for any new alt coin and still there is no guarantee that it will be successful or scam.
So it's a risky stuff. You either won or learn something.

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August 22, 2021, 09:07:25 PM
 #871

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 ?
"A wise investor will always lookout for projects that are established and have stable growth developments over the past years. Of course, the project should be equipped with a solid team of professionals working round the clock, an impressive use case, road map and an active community. The above criteria perfectly fit #Stakenet and its native currency #XSN. Come and check it out! https://stakenet.io
"
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September 23, 2021, 02:30:42 PM
 #872

We can't know such thing as whether altcoins are safe to invest into or not. But if you are aiming to make a long term investment, then you don't need to be afraid of investing into top altcoins and promising projects also (e.g. Solana). I'm not really a short-term investor as it is really hard to keep up with the coin I invest into. I just set a price target and wait for whatever time is needed to reach that level.

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September 24, 2021, 04:11:53 PM
 #873

Altcoins are alternative coins, they are born based on the idea of ​​​​the technology of Bitcoin but improved on some features. Currently, in the Crypto market, there are 13 types of Altcoins corresponding to each piece and different characteristics. First of all, there are now too many altcoins for us to invest in and this number on Coingecko has reached more than 9,000 projects, not to mention newly released projects. As such, the Altcoin market is very active, if we study deeply, there are many opportunities in many different areas, with a much better profit level than participating in the traditional market or more closely Bitcoin.
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September 24, 2021, 07:52:33 PM
 #874

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 give the only correct answer to this question. Not all new projects are fraudulent. To reduce the risk of investing in new, little-known projects, you need to act according to the old proven scheme: first, thoroughly study all the project documentation for applicability in real life, including the availability of high-quality developer experience, and only then invest only a small part of your entire deposit.
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September 24, 2021, 08:18:04 PM
 #875

If you're going to make crypto a part of your portfolio and have the time to research it, you should consider investing in altcoins. Some altcoins are ambitious projects that go beyond Bitcoin's primary use case of being a store of wealth.
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September 24, 2021, 09:34:07 PM
 #876

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 ?
These method of scamming investors through creation of coins and selling it to many investors just for the project to end up becoming a scam that will make people to regret why they invested in such coin or investment. We all should look for a safety for our funds so that we will not later regret why we invested in a coin that later ends up be crashed out.

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September 24, 2021, 10:29:36 PM
 #877

We must be good at choosing Altcoins that we will invest in, indeed there are a lot of bad Altcoins and are not worth investing in, but that's not all. If we choose a clear Altcoins, which has a clear product, a good team, we will definitely benefit in the future. In this cryptocurrency we have to be good at managing our money so that we don't lose it easily.
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September 24, 2021, 10:40:04 PM
 #878

All investments are risky and not except Atlcoin because you can lose at any time or lose on different investments it is like a game 50% you will win and 50% you will lose. and no one can correctly speculate on the profits that Atlcoins and Bitcoins bring. Remember that when you join this space, you have to take the risk that your assets will disappear at any time.

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September 24, 2021, 11:00:14 PM
 #879

I think yes. For example, Xfinite (XET) is an entertainment ecosystem that aims to introduce the next generation of digital media. The platform has developed new solutions to cater to modern customers by re-establishing parity between digital content producers, viewers, and publishers.

The project focuses on tapping blockchain technology to develop new use cases in the media industry. It has integrated blockchain-based solutions on Algorand to foster data-driven engagement, customer experience, and viewer-based rewards innovations.

I think it has all chances to be pumped.
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September 25, 2021, 12:06:50 AM
 #880

Do you know that to make huge profit in cryptocurrency, you need to diversify your portfolio to altcoins with ratio of ½, that way you can make immense gain but be careful in choosing altcoins, their fall isn't good when market is undergoing a correction.
For example, when Bitcoin make a -2% correction, altcoins may likely do 5-10% depending on the fundamentals of that project.
That’s why it’s always adviced to invest in projects which got good fundamentals, because someday there really gonna be a market crash , the question would be how good is the token to withstand the red days and also bounce back when the market becomes green . I think DEX token are good buys depending on the success of the DEX e.g uniswap & pancake swap token are really doing well and are already high in prices , I think $Ref could be better off as it got more advantages over uniswap and is still undervalued.

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