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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
SHAHKHAN22 (OP)
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November 30, 2020, 06:44:41 PM
 #1

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 ?

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November 30, 2020, 06:48:11 PM
 #2

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.
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November 30, 2020, 06:54:54 PM
 #3

I think you are talking about icos and new projects that are launching because there are so many established, low risk altcoins out there that are performing really well from last few months as far as new projects are concerned i have to agree that most of them do not deliver so we have to be very selective while investing.

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November 30, 2020, 07:01:25 PM
 #4

So how we make altcoin investment safe ?
Sorry there is no way to do that since quite a lot of them are either pump and dump coins or they simply take away all your funds via scam, having said that, you can Invest in altcoins that have been in the market for some years now and whose network is good and constantly improving, like Ethereum for example; but if you want to make ROI from new projects and tokens and their hype, you'll most likely be falling into the same scam trap most of the time, remember to always DYOR first before investing in any cryptocurrecy.

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November 30, 2020, 07:09:18 PM
 #5

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 can not eliminate the risk from any investments especially in cryptocurrency, but we can minimize the risk my friend
by cut our losses as soon as possible when the market going down,,
so, i suggest to you to invest only in TOP altcoins to reduce the risk of investments in altcoins

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November 30, 2020, 07:23:10 PM
 #6

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.
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November 30, 2020, 07:26:03 PM
 #7

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 reduce your risk level significantly then just stick with the top altcoins that already have market trust and positive reputation so i would suggest to pick your alts from max top 50 coins because the newer projects possess greater levels of risks and most of them do not perform as promised.

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November 30, 2020, 07:32:49 PM
 #8

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 ?

you must remember the old quote of investments "invest only what you can afford to lose my friend"
thats mean nothing safe in any investments opportunity, including altcoins

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November 30, 2020, 09:17:14 PM
 #9

It depends on your own personal definition of safe; but i believe that all investments are not safe but a risk worth doing. It all depends on how you conduct yourself with your investment and this ranges from your strategy, to your position about each token you invest upon; as well as the credibility report you have on a token (when to buy and invest; and also when to take profits). This little details define how safe an altcoin is for investment and it also applies to bitcoin.
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November 30, 2020, 09:23:16 PM
 #10

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 ?

just learn how to invest appropriately, wich mean you know when the right time to enter or exit the market,
then you can control your emotion my friend, i believe if you can do that, your portofolio will growth

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November 30, 2020, 09:56:37 PM
 #11

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.
In the past times like 2016-2017, there were a lot of projects that are being made and it's around thousands then only a few hundreds or even 2 digits that have remained to be intact and consistent. Whilst the most, they're gone.
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 ?
You can make a portfolio with altcoins that are safe from running. But you can't tell when a project will runaway the entire money of their investors. To be sure, the solution is to buy bitcoin the most for your portfolio and allocate a few altcoins.

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November 30, 2020, 10:00:37 PM
 #12

It depends on which altcoin that you invest in, not all of them are safe to be invested in and otherwise. Indeed as you mentioned before nowadays many altcoin projects popped up time by time and most of them are become exit scam projects in the later days.

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 .
To minimize the risks it's better to invest in altcoin projects that already running for several years and have enough stabilized development on it.

So how we make altcoin investment safe ?
I think it's the duty of the whole teams and developers to make their coins are safe for investors, what we can do is give awareness of the risks of it to people who want to involved in this space.
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November 30, 2020, 10:26:09 PM
 #13

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 wanna get the safe investment in altcoin and what you should need to do to go to the major altcoins. I believe this will be giving you the safe place to be used as investment. It's not a recommeded thing to bet into the new altcoins. If you have bought some major investment when the correction was happening and i guess you have earned decent money from there.
Just stick to the major crypto if you didn't wanna get a risk.

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November 30, 2020, 10:34:42 PM
 #14

So how we make altcoin investment safe ?
It's easy just open coinmarketcap website and choose the top altcoin and start investing, this way is ensures security as well as guarantees future profits
If you want to invest in a safe investment, forget about a new project because the new project is risky we all know that. You know what to do, don't you?
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November 30, 2020, 11:48:23 PM
 #15

Investing in top coins is the best option for you. We dont need to do much research so as to analyze that project whether it is good or not because they are top coins which have earned reputation for many years

If you are still confused, I will advise you some in my portfolio: ethereum, litecoin and xrp. They habe all gained a huge accretion in the last few days. With this uptrend, there is a high possibility that they will continue to go up. So its never too late to buy them. Remember to be patient because corrections can occur anytime
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November 30, 2020, 11:57:45 PM
 #16

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 ?
Leave the shitcoin and put all of your eggs into the major coins. That's more than enough to get the legit investment. You should never mind that to invest in the shitcoin as this will being yourself into the trap and you will be losing your money.
It's easy to make your fund become safer and just think about what kind of investment that will offer you less risk. It's simple as that.

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maxreish
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December 01, 2020, 12:11:26 AM
 #17

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 ?
 

 You should only invest on those altcoins that are already been old and established or has a good reputation.
 Seems you are questioning the potential returns of all the altcoins. Have you forgotten that there are altcoins existing in the crypto market that gives a good profits without a doubt? 
 
 You are missing the altcoin investment advantage. The safety of investment always depends on what ways you will gonna do to make your coins safe;
 
 
  • Choose which altcoins to invest, wisely.
  • Keep your own keys
  • Store, trade it in reputable crypto exchange
bryant.coleman
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December 01, 2020, 04:21:25 AM
 #18

some altcoin prices now look very high when compared to prices a few months ago. But, there are still opportunities and potential in the crypto market. So you have to get used to very large price changes, unexpected instability. Make sure you are at the appropriate risk and are able to accept large price fluctuations.

Altcoin prices go up whenever the Bitcoin prices are rallying. Most of these alts don't have an independent existence of their own. There are a few exceptions such as ETH and LTC, as these coins are being used for smart contracts and for making payments. But you should be careful while investing in some of the other altcoins, especially those which are having no use apart from trading.
isaac_clarke22
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December 01, 2020, 05:22:18 AM
 #19

Probably you'll just go with the flow in some coins and just sell them as what do most people do after the coins get listed at in an exchange.
Not everyone will go according to your strategy since pretty much many would just aim for the earning of the coin rather than holding it for a certain amount of time and do the usual "growing a plant" mindset.
I wouldn't say that all altcoins applies to this.
Reid
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December 01, 2020, 05:42:49 AM
 #20

Bear in mind, all ICO's have high risk but also high profit if successful.
The same goes for DeFi's.

I will worry about the team behind it.
If they cannot even show their faces in a video chat then get out. High risk becomes a very high risk because of that.
Also, check their identities and past jobs.
There are applications now with profiles and I bet they are all signed up there. i.e. LinkedIn.
Dig deeper. Don't stop there. You should make a high risk investment at medium risk as much as possible.
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