Is Altcoin Safe for Investment

[BintangBuleun]

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 ?

I rarely join projects outside of the exchange (projects that are not IEO), unless the project is managed by a trusted manager. Because I can't do 100% research for a project. But at least the manager did some research before carrying out their campaign. I think a trusted manager will not promote a scam project.

[oscarftw]

We are never safe in this world. Your money is also part of the money which we were created for our service. Here, for our help, top exchanges are offering IEO, one of the best options for our safe investment. As mine and others experience, sometimes I focus on good partnership. The last focus is service on going, how far they go before starting ICO.

[judaspriest]

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 ?

there is no way to make investing in altcoin or cryptocurrency safe, because investing in cryptocurrency has a big risk, but it is commensurate with the profit you will get from investing in cryptocurrency, so if you really want to invest in cryptocurrency, then you have to be prepared to lose your money, so if you are not ready to lose your money, then of course you better not investing in cryptocurrency.

In investing cryptocurrency we must be mentally prepared because the risk is big,
so never be careless in investing in cryptocurrencies and we must have a strategy,
besides that before investing make sure we understand everything related to cryptocurrencies

[Impala8_]

Man I think it's the best time to buy now
I go for CRPT (Crypterium)
Their wallet is dope, the pump is just a matter of time
https://coinmarketcap.com/currencies/crpt/

[ZAINmalik75]

Yeh it's absolutely right that investment in altcoin is safer and safer but you must invest in top 10 CoinmarketCap Altcoins Project. It will be safer for everyone as compare to to invest in new altcoin project.
But now in this bear market you should buy too much coin in dump and hold it till bull run

[Fivestar4everMVP]

Well, as long as this industry is concerned, scams will always exist, but the good news is that we can always protect ourselves from being a victim, and one of the ways we can do this is to always be conscious of we are investing our money in through proper research and strict examination both on the team and the project itself, alot of people are so hungry for gains that they end up loosing the little they have through too much greed, never invest in a project if what they plan to offer is too good to be true, and again, stay away from projects that don't like the word "scam" in their community group chats, avoid a project if you notice any red flag without a clear explanation from the team.
From this little tips, we can reduce our risk of falling a victim to scams in this space.

[rahmathidayat93]

I don't think it's safe to invest with altcoins, because it has a very high risk, but if you choose an altcoin that has a good reputation like ETH and BNB then your investment will most likely be safe, because these two altcoins have a very good potential so  become the most popular altcoin in the cryptocurrancy,

You should say that not all altcoins are safe to invest in and there are only a few that are safe to invest like the two altcoins you mentioned so that beginners are not confused in understanding them.

[dexter141]

Not all altcoins are profitable to invest, all promise mountains of gold, but not every company sticks to its plan, and you need to be mindful of scammers. Study, analyze, trust only yourself and do not listen to anyone ... All profit

[AzamNurWahid]

to make altcoins investment safe, you can look at the volume and see the team's performance in developing the project, but you also have to understand if no investment is safe, especially in crypto because everything can change at any time.

[Lanatsa]

Not all altcoins are profitable to invest, all promise mountains of gold, but not every company sticks to its plan, and you need to be mindful of scammers. Study, analyze, trust only yourself and do not listen to anyone ... All profit

Yes, and when you say so, then you also know what Altcoin to choose because Altcoins that are already popular in the crypto space will always have good demand and their potential will not be easily lost.

Yes, there are lots which does have potential and most of them are on the top ranks but some people do really seek off with those low caps for the hope on earning big profits when it would be pumped and this is why lots would really be having consideration on looking for those shit ones and believing that it would pump someday.

Altcoin investment is never been a safe one and same goes with Bitcoin. Nothing is assured when it come to this or any investment that we are involved on.

If we are looking for profits then we do need up to risk for putting up some capital or investment.Dont anticipate nor expect that profits are guaranteed because there would be lots of factors would be affected in related to this.

[clarkt]

It depends on the type of alt  you are buying. If you buy altcoin that is not known and has small community without clear roadmap for development,  then such altcoin  may be high risk!  If you buy alt with proven track record and hold,  you may have position yourself for good profit in future!

[Ronny29]

It depends on the type of alt  you are buying. If you buy altcoin that is not known and has small community without clear roadmap for development,  then such altcoin  may be high risk!  If you buy alt with proven track record and hold,  you may have position yourself for good profit in future!

Fully agree. Look market cap, community.
I built my portfolio like this, but I did not have time to add to my portfolio DOT at discount because it was not on the EXMO Exchange, but already it is there and supplements my portfolio. Took 50% ADA, EXM, ETH and added DOT

[manggis97]

I think you mean new tokens that copy other project, like copy of DOGE or Safemoon. They only created new tokens based on trend and hype on the market. These project does not have any working product and use case, and the team usually only pump their token itself then dump it.  While invest in coins with use case and strong team is more safe and promising high profit, if we start invest in during bull market.

[Meta anggraini]

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 ?

IMO dont invest on new coin offering, all of them are high risk high return, but if you want to push your luck, you need to research about the project very deep before decide to invest.

[Koutami]

IMO dont invest on new coin offering, all of them are high risk high return, but if you want to push your luck, you need to research about the project very deep before decide to invest.

Yes, and if you can spend a lot of time researching new projects and coins, then it's better to choose coins that are really clear about their potential and always have a lot of volume on the exchange such as for example ETH, BNB, LTC and Cardano.

Agree, at least top 50 is very safe to be invested, as long it is not a new pumped project that appear out of nowhere.

[Fredomago]

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 ?

IMO dont invest on new coin offering, all of them are high risk high return, but if you want to push your luck, you need to research about the project very deep before decide to invest.

That's the best way if you are willing to take the risk with new project who offers high returned of investment , there's always a catch and you need to know more deeper.

Chances that the team may runaway is very possible, though if you are fully interested make sure to work more knowing the project that you are going to invest your money.

Take time to do your DYOR and make sure that you have all the necessary information that you need.

[Vaskiy]

Agree, at least top 50 is very safe to be invested, as long it is not a new pumped project that appear out of nowhere.

Yes, but if we go up to the top 50, that's too much in my opinion because not all of them are good either, but if it's only for the top 20, I think it's all good to invest, as long as it's not in Dogecoin.

Why dogecoin isn't a right choice. Even before the manipulation from Elon Musk the market growth of dogecoin is good and investors didn't experience loss out of it. I find dogecoin as a good pick among the low priced ones. Another thing, there is more chance of big push in the future. With that it is good to get added to the altcoins for investment.

[Chathusand]

Choose a fiat currency from a country with a strong economy and invest through a government-owned bank if you want to make a safe investment. Make an investment in an amount that is insured by the government. I'm not sure how to explain it in detail or how it works in other countries.

[Republikcoin.com]

So how we make altcoin investment safe ?

Altcoins that are in the top 10 have a lower risk than recently released altcoins, whether they are tokens or coins. Investing in a project that is still in its infancy is very risky. It is not recommended for those of you who do not understand cryptocurrency, including the dark history of fraud and hacking and only rely on luck. Do not be stupid.

[secretgirl]

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 number of altcoins is very large and many altcoins are also fraudulent. everything is risky, but when you want to invest in altcoins, you have to be smart to choose. which coin has future potential and has low risk. the right choice is to choose among the top 10 coins available.