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Author Topic: Is Altcoin Safe for Investment  (Read 17872 times)
bitbollo
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February 06, 2021, 05:27:51 PM
 #361

this has been a good question even to me and I decided to analyze 1000 replies in a topic here on bitcointalk
https://bitcointalk.org/index.php?topic=2106360.0 just to looking out if after 3 years there was any gain.

results have been shocked Grin but more or less what I was expecting from ICO mania and suggestions made on forum.

13,18% Reported a positive result.
10.83% Reported a 0 (total loss)
the others just negative results (prices go down).


Feel free to read a full summary on my blog
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq


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February 06, 2021, 06:59:20 PM
 #362

Before you invest in a new project or altcoin, you should examine all aspects of the project change and invest in it. Who is the project founder? what products do they offer to the market? What do the project teams do? Check all project members, Check their social media accounts and see updates on what the project is working on. and finally don't invest all your money in just one project!

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February 06, 2021, 07:21:00 PM
 #363

Do you know there is no business in this world where there is no risk. That is why the crypto market is an exception and the amount of risk in this crypto is high. So if you don't understand crypto then don't invest there. However, it is important to have your own talent list for the best business because it will help you understand which business is necessary for you.
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February 07, 2021, 09:28:49 AM
 #364

Always do a DYOR beacause the market is too volatile,invest that ypu can afford to lose.Its safe to invest as long you know the capability and worth of that coin.You could consider diversifying your investment and purchase bitcoin and some major altcoin.

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aryana42
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February 07, 2021, 09:44:16 AM
 #365

Yet the market is doing a lot of fluctuation so right now is not the right time to just take entry into altcoin. But my first choice is to wait until btc stable at a one rate. But you can buy bnb, eth, dot, xlm, which have real usecases.
Bnb, eth, dot, xlm, which have real usecases are in the Altcoin category, so if you say that now is not the right time to get into Altcoin, then newbies here will start to get confused in understanding it, because you don't make an Altcoin group which is good at this.
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February 07, 2021, 11:26:23 AM
 #366

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 ?
To make your altcoin investment safe, I have an article on Tips for investing in crypto.

Study the market before signing up to an exchange, and don’t dabble in risky transactions — at least to start with.
Diversify your risks by investing in several cryptocurrencies to hedge against sudden price falls.
Carefully examine altcoins before investing to avoid Ponzi schemes.
Keep the bulk of your cryptocurrency in an offline (aka “cold”) wallet and your password in a safe place.
Don’t swallow promises of free coins, even — or perhaps especially — from celebrities: Their accounts may have been hacked, but even if they haven’t, it’s almost certainly a hoax.
Protect your Internet connection, and install an antivirus on all devices you use for cryptotrading.

https://www.kaspersky.com/blog/safe-cryptotrading-for-dummies/37224/

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cloudfir3e
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February 07, 2021, 11:46:59 AM
 #367

any investment in the cryptocurrency world carries a very high risk. there are a number of risks that need to be known, namely fluctuating prices can create huge losses and security that there is no law protecting cryptocurrency.
however, there are ways to keep your investment safe. by having a stop loss analysis and creating security such as storing passwords safely adding authentication keys etc.

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Cornia
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February 07, 2021, 01:08:33 PM
 #368

Whether it is Bitcoin or Altcoin, there will be risk in all types of investments. And you have to invest by accepting that risk. You can invest in the first 10 Altcoins from Coingecko's top Altcoin list. You can also earn some profit by investing in these altcoins. However, you need to invest very carefully in the current volatile market.
Kezacky
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February 08, 2021, 09:28:00 AM
 #369

no one can guarantee that your money is safe when invested in crypto, it's just that investing in altcoins in the top 10 on coinmarketcap can at least minimize your risk of loss and a great chance you will profit from them with a long-term hold process. Still all investing is a risk and it's just taking a risk to succeed in this industry, but always remember investing what you can afford to lose.

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Ureung jameun
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February 08, 2021, 07:16:18 PM
 #370

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 ?

in my opinion, to make altcoin investing safe, we must look for trusted altcoins and we must seek information from clear sources such as coinmarketcap and others. look for altcoins that are in the top 20. I am sure that those at the top will be safer to invest in.

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1l1l11ll1l
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February 08, 2021, 08:35:42 PM
 #371

Cryptocurrency investment is never safe. the rest of the movement here is quite aggressive. rise and fall can happen very quickly. before buying with the various suggestions that are here, first learn that the market is currently in a bull trend. which means this is a high risk if we buy now. better to wait for the market to decline first to be able to get the best price. The altcoin advice that many people say is good, but will we buy when it goes up like now?
tbh, no investment is safe. all investments must be calculated. although there are many people who rely on luck, but all investments must be based on calculations, so that we can avoid losses and maximize the possibility of profit. for altcoin investing, you can try to do some research on top coins at a price that "still" has the potential to go up

Bitcoinislife09
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February 08, 2021, 08:45:07 PM
 #372

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 ?

Investing in cryptocurrency is risky and probably most of the people who'd think that it is safe but you should know the risk in investing if you do your research in cryptocurrency you know that the market price of altcoins could drop at the end of altcoin season. Scams are mostly because people are afraid to learn cryptocurrency or investing by themself and it ends up where they entrusted their money to someone who knows how to trade and then just end up being a scam. But when it comes to investment it's now a scam it just happened to some ICO's or project where you invest your money and then end up to be a shit project and doesn't listed in an exchange, but if you're going to invest to a token that is already in an exchange its a legitimate token already and you could buy and sell that token to make a profit.
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February 08, 2021, 09:03:07 PM
 #373

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 ?

in my opinion, to make altcoin investing safe, we must look for trusted altcoins and we must seek information from clear sources such as coinmarketcap and others. look for altcoins that are in the top 20. I am sure that those at the top will be safer to invest in.

There are many coins besides top coins that have a promising future. Many times these top coins have also made many investors poor. You can't keep yourself safe just by investing in top coins. If you want to introduce yourself as an investor, you must think of everything as an investor. It is not possible to get as much profit from the old project in a fast time as the new project will give as much profit. And that's why a project should be properly verified and invested.

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February 08, 2021, 09:25:22 PM
 #374

Altcoin is a safe investment for people to invest in, but not all because their are some altcoin project they has the motive of scamming people, nevertheless is also one of the way of making good earning in cryptocurrency as of now.

The way to make altcoin investment safe is for one to carryout necessary research before one investing in any.
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February 11, 2021, 06:16:51 PM
 #375

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 ?

Not all altcoin projects are risky. Before you invest, check the fundamental analysis of the project to see if it works. He is working on the project. Do they have any advantages in the future? How active the owner of that project is about that project. Not altcoin projects are scams. Research and invest make a rich... For example, ADA, XLM, TRX, AlGO, etc.. is a project fundamental strong project.
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February 11, 2021, 07:27:50 PM
 #376

You should know that Not all altcoins are protected investment . Indeed there are both protected and dangerous altcoins. Additionally some of them are steady. And most is scam and  Some are exceptionally unpredictable. Thusly, subsequent to doing our own research  we need to make our own portfolio dependent on our taste. The arrangement of this portfolio will fluctuate starting with one then onto the next, or essentially daring people to chance loath.
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February 11, 2021, 07:41:58 PM
 #377

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 ?
The altcoin can be made safe by only selecting the right alts, I have seen people investing big in over promised projects that later turn out to be all smoke and people end up with big loss so newer projects possess greater level of risk while the right coins can be found right at the top of the cmc list.

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February 11, 2021, 08:35:27 PM
 #378

altcoin is safe investment to some extent but not all, the major altcoin can be regarded as safe investment to some extent while the fresh altcoin sometimes cannot be regarded as safe investment due to the pioneer wrong motive and objective sometimes.

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February 11, 2021, 11:22:05 PM
 #379

Altcoins are safe means of investing your money in a crypto space especially if you don't want to buy bitcoin however you have to be very very careful when selecting the altcoins to invest in and there is no room for not making your due diligence you have to always make your research because there are a lot of scam coins out there that have pretended as legit of coins so if I were to advise or advice that if you are without experience you should cook for the most obvious good altcoins like etehreum or binance coin.

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February 12, 2021, 03:13:22 AM
 #380

You can kindly prevent scams investment by searching thorough by the quality of their project the promising, future and also the people behind of project if this thing you do you can avoid losses of funds.

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