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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
Cornia
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December 04, 2020, 11:28:42 AM
 #121

I think it is safe to invest in some top altcoins like ETH, LTC, BCH, XRP etc. If you invest in these altcoins, you can make a lot of profit. Before investing, you should take some times to track that altcoin. However, the rank of Altcoin is always changing. You must invest in top altcoin.
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December 04, 2020, 11:35:56 AM
 #122

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 ?

My opinion is to avoid investing in those new altcoin projects showing up these days. Most of them are probably a scam. Not all new altcoins are scam but you must do deep research about their project.
I prefer investing top 10 of the altcoin in coinmarketcap rankings because their project has always some updates.
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December 04, 2020, 12:12:52 PM
 #123

There's no such thing as safe any form of investment is not safe at all even the risk is very low a risk is still a risk and you wouldn't know what will happen. Well I could suggest that if you are not sure about investing don't invest and only invest what you only can afford to lose.

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December 04, 2020, 12:49:47 PM
 #124

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 ?
Maybe if you look thoroughly at their project. You can look out for their whitepaper, roadmap, developers, will they able to reach their hard cap/soft cap and more significant data that will determine if the project is good or not. It is worthy to invest in altcoins because unlike bitcoin altcoins have higher volatility rates, however, bear in mind that the higher volatility the riskier it is. There are good altcoins but they are numbered and hard to find that even myself having a hard time finding them.
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December 04, 2020, 01:23:26 PM
 #125

I think it is safe to invest in some top altcoins like ETH, LTC, BCH, XRP etc. If you invest in these altcoins, you can make a lot of profit. Before investing, you should take some times to track that altcoin. However, the rank of Altcoin is always changing. You must invest in top altcoin.

Of course, it's safe to invest in some alts, in the one you mentioned or some other, each of us have some favorites! To me (and maybe I am too long in crypto) this headline sounds stupid, like there is one alt or that all alts are the same, I am not sure how to think this headline?! Anyway there are many good alts, they are around for years, they are building their reputation trough good and bad periods, that is visible if you know where to look!
I don't wish to single out any alt, I strongly believe there are many good ones. Some of them are expensive already (and probably will be more in the future), some of them are making their name, and they have good chances for success in the long run! Which one is your favorite should be your decision based on your research, find the one you like and stick to it, believe in it and in the end (or beginning) support it!

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December 04, 2020, 01:35:24 PM
 #126

I don't guarantee this, but to minimize the risk of loss invest only in top altcoins or use stable coins like USDT. Investing in crypto is actually not safe, there are many risks in it, but you have to be careful and it is important that you also be able to manage your finances well or not invest in bad projects.

It will only lessen the risk if you will make stop lost every time you see the sign of down trend and always take profit   . Most of people lost because they always forget this two important signs when you are buying crypto currency.  Once you learn those two and always use it in every trade you will not be afraid any more for loosing money. Trading is good source of income you only need to learn how to follow the flow so you will not lost every time there is a price correction.
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December 04, 2020, 01:50:36 PM
 #127

No uncertainty there's a higher danger included investing in altcoin combined with the way that the accomplishment of the project is risky, but not withstanding realize that investment in an effective altcoin could be significantly more worthwhile and this goes with the way that the higher the danger, the more prominent the prize.

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December 04, 2020, 02:01:25 PM
 #128

An altcoin is a safe investment if you will look at those projects with their cryptocurrency classified as coins not tokens. I'm not saying that altcoins holistically are a scam, but most of the time, the cryptocurrency with its own blockchain and offers a smart contract will last longer than those cryptocurrency tokens that mainly utilize the smart contract offered by this kind of project. For Example, Ethereum, Since Ethereum has a smart contract, Ether will still be used as a gas, and since there are many cryptocurrency projects, ETH will always be used and will have a huge demand for people. The more projects are created, the more value ETH could have in the future. One thing I don't like in ETH is that it doesn't have any scarcity and its supply could be minted.
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December 04, 2020, 02:14:09 PM
 #129

How about invest in the top coins you will not get scam because it's in already in the market. Don't trust right away that they will make you rich if you invest their project because obviously it's a scam. Many projects pop-up these days so careful my friend if you really like to invest the project just do research first.

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December 04, 2020, 02:32:09 PM
 #130

Tasks of which some are as yet veritable. In any case, the rationale of most colleagues are to rake in some serious cash from the task, most engineers are not worried about financial specialists. I accept this will be giving you the protected spot to be utilized as venture. It is anything but a prescribed thing to wager into the new altcoins. In the event that you have gotten some significant speculation when the revision was going on and I surmise you have brought in respectable cash from that point.

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December 04, 2020, 03:26:06 PM
 #131

Scams are very present in each business, each field of life so yes they exist in crypto market also.
You can't do much on the grounds that occasionally strong looking projects likewise leave scam so it is matter of karma as well, we can just manage our responsibility by close due research before investment and afterward stand by how it goes up to be.

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December 04, 2020, 04:22:09 PM
 #132

I agree to your Opinion. Today is not safe for invest. Many people’s don't think other money only want her profit. But we need to be carefully invest. First you saw her team members and her project road map. If you think all is good you can invest.


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December 04, 2020, 05:11:48 PM
 #133

Any investment cannot be safe a priori, and even more so in altcoins. This is a highly risky event, so there is a very high chance of losing not only profit but also your savings. You either make a correct forecast for some altcoin and get a very serious profit, or you lose almost everything with the same success. To somehow level this out, you need to invest in the top of these coins.
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December 04, 2020, 06:12:00 PM
 #134

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 normally do not take suggestions from cryptocurrency experts. Rather than i do my research before investing in ico/ieo/ido.

2017-18 ico was to be the worst to invest money. I am currently investing in Binance launchpad, as well as some exchange ieo. Because most of the project is legit.
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December 04, 2020, 06:40:29 PM
 #135

Scams are very present in each business, each field of life so yes they exist in crypto market also.
You can't do much on the grounds that occasionally strong looking projects likewise leave scam so it is matter of karma as well, we can just manage our responsibility by close due research before investment and afterward stand by how it goes up to be.
Basically, investing in ICO and IEO has its advantages and disadvantages.
so that before we invest in either an ICO or an IEO, it is better for us to validate the project first such as the project idea and the background of the people involved as a team of the project so that we can see the positive or negative track records of them so far nowadays, there are lots of blockchain projects that have sprung up on the internet and they are trying to attract us as investors in raising funds for their projects through ICOs and IEOs, of course the potential for project scams / fraud can occur so that it will make us suffer losses if we are not careful in choose an investment project.

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December 06, 2020, 04:06:17 PM
 #136

Everything relies upon how you maintain your venture and this reaches from your methodology, to your situation about every symbolic you contribute upon; just as the believability report you have on a token. In any case, the intention of most colleagues are to rake in tons of cash from the undertaking, most engineers are not worried about financial specialists.


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December 06, 2020, 05:32:13 PM
 #137

Not all coins are safe heavens for investors. Every coin has its merits. As for Alts in general, it depends which ones you go for an that time a which you purchase but in life there is no such thing as a safe investment.

In trading specially, there's no way your investment can be safe as market price fluctuations will push you into a corner. But for long term so Alts can be regarded as better investments than other. For instance ETH, ADA would be regarded as better investment than say XLM, though each coin to its own.
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December 06, 2020, 05:35:12 PM
 #138

The risk is present in every investment but the amount of risk in altcoin is relatively high. This is because most of the altcoin projects are not realistic and as a result of its non-practical use after coming to various exchangers, its acceptability to the customer's decreases, and its hoarders are likely to suffer huge losses. But if you can invest in altcoins who are potential coins, they will be considered safe for you. So to make your investment safe and secure, get a good knowledge of the project before investing and invest in potential Altcoin.

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December 06, 2020, 05:57:16 PM
 #139

I think every investment is risky until you make a profit through it. Altcoin investment is extremely risky but if you research well before making any investment in the project and examine it in a good manner then there are many good projects present in the market. These projects have the potential to benefit you with 10 times bigger outcomes rather than any investment.   
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December 06, 2020, 06:43:25 PM
 #140

The risk is present in every investment but the amount of risk in altcoin is relatively high. This is because most of the altcoin projects are not realistic and as a result of its non-practical use after coming to various exchangers, its acceptability to the customer's decreases, and its hoarders are likely to suffer huge losses. But if you can invest in altcoins who are potential coins, they will be considered safe for you. So to make your investment safe and secure, get a good knowledge of the project before investing and invest in potential Altcoin.

indeed, thats why a lot of people talk about do your own research before investing, so, we understand if investing in altcoins or other investments opportunity is risky, because we cannot eliminate the risk of invetments, right ?

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