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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
itachi gunasekara
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January 17, 2021, 06:56:01 AM
 #281

If you invest, the risk will be in it anyway. But it's a big chance to make a little more money if you don't get caught by a scam.
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January 17, 2021, 07:02:13 AM
 #282

You can invest in crypto but there is high risk for sure. Because we know the cryptoworld. You don't know when price will be high or when low. It may bring you a lot of profit or may give 0 profit. So invest on it own risk.

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January 17, 2021, 07:36:58 AM
 #283

There are so many altcoins now that have short-term investment potential so we just take steps on an equal footing with people.
for the current altcoins that are being watched by many people are COTI, AVE, and ETH. many people do not understand why these tokens can go up with extraordinary value.
We do not now when will these altcoins would last even the top promising altcoin can go down straight to the bottom and just go away. Intensive research could help us to determine the right altcoin to invest. There so many altcoin we could trust with, altcoin that have proven throughout the years. They can last even if they don't depends on btc but depends to their structure and uniqueness. I probably don't suggest to invest in new altcoin in the market but rather to the altcoins that have present at least in top 50 right now.

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January 17, 2021, 08:38:04 AM
 #284

most of the current altcoins have a high potential to be held or invested, yes, besides that looking at the current market that has gone up a lot it is a good opportunity for us but also have to look at the website of the project and understand the whitepaper because then we can understand what altcoins are from. the project can be held in the short term or the long term.

possible altcoins that are worth investing in are only those that have a high reputation and top rank such as Ethereum (ETH) , BNB, Polkadot (DOT), Cardano (ADA) and Chainlink (LINK), the altcoins I mentioned are very worth investing in because they have high prospects for the future
The coins you recommend are very good in such coins it is worth keeping most of your investment. However, if you are ready to risk money and get potentially large profits, then spend your time on studying projects on the blockchain half a cadot there are many undervalued projects.
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January 22, 2021, 11:38:14 AM
 #285

That depends on which altcoin that you invest in. There are many coins that are fake. There is also some scam project on this platform. So, to reduce your loose and make your profit you should a lot of research on it. And one more thing, Don't be so greedy in this race. 
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January 22, 2021, 12:40:38 PM
 #286

I can tell from personal experience that investing in Altcoins is currently safe.
But there must be good Altcoins.
You have to inspect the market before investing.
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January 22, 2021, 02:34:38 PM
 #287

Not all Alts are safe, as an investment option. There are certain risks involved when it comes to alts investment.  IF you are interested than invest in the top 10 Alts by market cap, you can get good ROI but if you go for a new coin then there are chances that the project might not be accepted by general investors and you end up losing your money. Keenly observe all crypto related news and trends.
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January 24, 2021, 01:44:02 PM
 #288

For me it's a yes. Without altcoin the whole market is altcoins. I know there are lots of altcoins available in the market. And not all of them are worthy. But many of them are really good and doing fine in the market. If you want some data you will show altcoins give more profit than bitcoin in a good market conditions. So you can invest in alts but with knowledge about the market. If you are new to this market I will suggest that learn about thr market first then go for investment.

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January 24, 2021, 02:18:43 PM
 #289

I am currently depositing more and more Altcoins in my investment list.
In my wallet so BTC now has little.
I am a cryptocurrency lover so I hold the cryptocurrency by visiting the market all the time.
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January 24, 2021, 02:22:10 PM
 #290

All altcoin are not safe for investment. Because many coin are scam and not secure to investment. But I think top 30 coin are safe for investment. ETH, BNB, EOS, XLM,XRP & TRX are best option for investment.
do you still list XRP? I'm still confused about the real XRP. whether XRP is still eligible to be used as an investment asset. but there are still many who discuss the XRP issue due to several factors. can you explain why XRP is worth investing in

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January 24, 2021, 02:54:04 PM
 #291

All altcoin are not safe for investment. Because many coin are scam and not secure to investment. But I think top 30 coin are safe for investment. ETH, BNB, EOS, XLM,XRP & TRX are best option for investment.
do you still list XRP? I'm still confused about the real XRP. whether XRP is still eligible to be used as an investment asset. but there are still many who discuss the XRP issue due to several factors. can you explain why XRP is worth investing in
Ripple today has huge problems with regulatory structures that have filed legal action. In addition, one must remember the past years, when the administration of the project treated its clients and investors with dishonesty, performing manipulations in the market. For ripple holders, I believe these facts should speak volumes.

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January 24, 2021, 04:50:09 PM
 #292

No uncertainty there's a higher danger included putting resources into altcoin combined with the way that the achievement of the task is unpredictable, yet not withstanding realize that interest in an effective altcoin could be considerably more worthwhile and this goes with the way that the higher the danger, the more noteworthy the prize.

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January 24, 2021, 05:59:30 PM
 #293

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.
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January 24, 2021, 06:23:03 PM
 #294

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.
The risk of investing is a loss and everyone knows about it unless they are really stupid.
Bitcoin and altcoin are profitable cryoto investment asset but can also be detrimental due to their volatility and price fluctuation. Investing in altcoin is not wrong if it is done with the right analysis and done on the right asset. The wrong choice of investment asset can result in losses because if it is done on new altcoin or altcoin that are not well known, then the price growth is very difficult to occur.

But no one can say that investing in altcoins is risk-free.
But you can still minimize that risk. No investment is risk free even if you invest in assets backed by the government. Because price are always changing, you have to know what to do if expectation don't match reality.

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January 24, 2021, 06:24:18 PM
 #295

In general, investing in crypto money is a risk in itself. It is possible to reduce these risks with strict control and analysis. But no one can say that investing in altcoins is risk-free. No one knows what will happen tomorrow for a token or coin that everyone considers perfect today.

Your research will help you to lessen out the chance of losing your investment, but there's no assurance that it will accurately perform

the way you expect it to  be, there are many projects that being offered it's up to you own instinct to support whichever you think the

coin will bring you the desire profits that aiming from your chosen alt/s.
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January 24, 2021, 06:24:28 PM
 #296

It's a lot better to not see it as an investment with your emotion attached to it. There are common tips too such as 1. don't put in more than you're willing to lose. 2. do research. Don't believe all the hype. Look at what the team is doing and what value the project provides to their industry. Remember, it's the marketer's job to make the project as attractive as possible.
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January 24, 2021, 08:29:53 PM
 #297

Investing in altcoins is more dangerous than in bitcoin but it may be more profitable. In any case, you should be aware of the fact that you can lose money in this.
all investments certainly have a big risk not only investing in crypto, but if we do not have extensive knowledge in an investment, of course this investment will only cause catastrophic losses for us, to start investing, of course we must know the ins and outs of investment, for example investment crypto which we need to know about reading market charts, volume and even be able to take the right time to buy, hold and even sell these altcoins in the market. I think investing is not a scary thing as long as we are good at it.

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January 24, 2021, 09:01:29 PM
 #298

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 ?

safe ?? i think if you want to invest in any assets not only crypto, the risk will always come my friend
so, don't talk about safe if you want to be a good investors, you only can reduce the risk, and maybe investing in the TOP altcoins can reduce the risk
regards
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January 24, 2021, 09:06:54 PM
 #299

remember the advice of the experts. investing in altcoins is very safe if we choose altcoins that are in the top 10 coinmarketcap. even though it's actually not 100% safe, but I think I can minimize losses rather than having to put in new altcoins that don't have certainty and potential

i think the words "very safe" is not a good words, because this is crypto and the risk is higher than other investments
because even we invest in the TOP 10 altcoins its not safe, for example xrp
now a lot of exchange suspend this altcoins right ?

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speedforce
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January 24, 2021, 09:19:22 PM
 #300

Just choose top altcoin if you have a little knowledge about cryptocurrencies. If you want to learn more about the project, u can search many undervalued altcoin at coinmarketcap, but for my suggestion dont buy any ICO, IEO etc since its new coin which we dont know the performance yet.

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