We can reduce our chances of loss

[_IRMAN]

You can easily speak like that, but in reality it will be difficult to put into practice. Because basically we can't be patient to wait for the price to go up and panic when the price goes down.

[Findingnemo]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

Top altcoin when it is dumped? lease explain me this part?

Are you talking about the coinmarketcap ranking, but once they lost the value they will lose its spot then how can we consider them as top shit coin.

[sapnu]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

That is how you basically earn money, through waiting for the top altcoins to drop down low and start investing on it then afterwards holding. As time passes by, since they are the top altcoins, there will always be a possibility that their value will massively grow. It's not really a good idea to enter a market full of crypto on their bull run because instead of earning profit from it, you would instead experience possible loss. Be strategic and wise with your decision as you enter the crypto world, if you will become like that, you might end up being a big shot just through strategically holding really good coins.

[gurunanakji777]

Its not about only newbies there are some traders who run after shit coins in hope of quick 2x 3x but they don't realize they can earn more by choosing top coins. I can say profit will be less but the risk ratio will also be less. The important thing is one should not try to catch the rally to avoid the big losses.

[Rodeo02]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

Even 5-10% daily is good enough if you will only invest in top crypto currency like ETH and BTC. If you have high amount of capital then you can also win a lot plus risk management then the chance of loosing is small unlike you are only investing in newly project hoping that can give you high percent of earnings which is mostly not and you may lost up to 90% of your invested money .

[sarmrakib]

Just beware of other centralized altcoins that are listed on top where some investors had move already to different altcoins. XRP is one of the coins that has been slowing down and made some investors loses. As I checked the current market price for XRP it is very low and so sad because XRP still has a good marketcap volume. I wish XRP can bounce back anytime soon when btc market collapse.

If XRP will have a chance to bounce back in the future then the chance of what the OP is saying will become the most profitable way of investing and I think he is saying some nice way of how we will minimize our loss if we want to invest safely like what he said. I mean, if we want to invest in some cryptocurrencies with a higher percentage of success, let's put our money on the top Altcoins out there and we will surely have that golden opportunity when it will go down and that's the time we gonna buy it because base on the history of those top Altcoins, they will recover their price no matter what gonna happened with the market.

I still do not understand why people are still confident.that XRP will bounce back in the future. What future are you guys referring to? In just 8 years how much profit has XRP given to its investors? In my opinion and what OP said invest in good coins and and not shit coins like XRP. There are many cryptocurrencies with strong fundamentals and decent market cap, invest in those and earn a decent profit of 10 to 20 percent.

indeed many people are interested in shitcoin which can provide many benefits in a short time, especially for beginners in crypto.
Investing in the top 10 coins still have a risks, this can't guarantee a safe investment, look at the current XRP conditions !!
but at least the risks are less.

Its a great example that a top coin also get dump even in bullish market .So i think its could not be a good strategy to enter in deep it could me more deep then you can make huge amount of losses .I think we need to spend much and more time to the market to properly get idea about it and also research the latest news which can play a great impact to the market .Gradually you can earn a lot from investing for sure .

[oHnK]

I agree to avoid avoiding altcoins for initial investment, nowadays altcoins are very risky to become assets due to their very high price volatility, with many negative issues that some Altcoins accept. But if you look at the current situation, top coins are also experiencing very high prices, and investing in top coins requires a large amount of capital. However, top coins also cannot be separated from the risks. Only maybe can reduce a greater risk.

[Chainsmokers]

of course investing in the top coin will avoid a big risk if it dump and on the other hand, it is difficult to get profit up to many times if the market bul run does not occur unlike shitcoin which can be pumped and dumped at any time without having to wait for the bull run to occur so which choice will you take

[KellyCoin]

At these prices investing for newbies is very risky. I would say besides btc and eth any other coin is super risky so it’s best for new investors to do a bit of watching from the sidelines before going in. At any moment the market can dump.

[Fesatmas]

Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

In fact 70% of beginners are attracted when the market is going up on a green signal, and immediately queue up, in my opinion it is fine as long as it is not profitable for long trades, if it is used short about 5-10 minutes you can still make a profit. and in fact not only beginners as well, old traders who even play short can always rely on the market when it is green.

[Yatsan]

Chances of taking loss can be manageable if you will be investing into a decent and worthy coin by avoiding shit coins that are spread around the market. Investing into the top Altcoins as well as with Bitcoin is a good choice to make for those have already proven their worth and capacity to grow and regain after experiencing loss. It is a great opportunity not to get down whenever the Altcoin market gets into dump for it is a precious time to seek for worthy coins that are good for investment and take advantage of the situation purchasing Altcoins on their dump as long as you are picking the right ones that have the potential to grow as a progressive and potential crypto that will give you profit. Determine shit coins from not is the first task and do not get easily fooled or deceived to coins that looks too much promising for you might get into trap of those scam/shit coins that are mostly targeting newbies in the market.

[Wulan_maniez]

Choosing an investment in crypto is very risky if one is not smart in choosing which coins are potential for 2021 and next. Even the top coins
in cmc also do not guarantee 100% profit for those who hold them.    Of the many altcoins in circulation there is indeed a good potential and
serious in the development of coins. For this, sometimes trader is required to take chances when altcoins are pumping and dumping.

[judeafante]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

Not only for newbies it is for everyone, some old investors are still investing in new and unproven coins in the market, trying to find coins where they can get 100 times profit, such instances and cases are rare, and there are risks but if you are ok with the risk you can proceed you just have to now your risk factor and your limit.

[darewaller]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

That is how you basically earn money, through waiting for the top altcoins to drop down low and start investing on it then afterwards holding. As time passes by, since they are the top altcoins, there will always be a possibility that their value will massively grow. It's not really a good idea to enter a market full of crypto on their bull run because instead of earning profit from it, you would instead experience possible loss. Be strategic and wise with your decision as you enter the crypto world, if you will become like that, you might end up being a big shot just through strategically holding really good coins.

I would agree normally but there are few points I would like to change with it, otherwise it is definitely a good one.

First of all we do not know when they are bottomed out, so it is hard to know when to get in, my alternative to this is getting in all the time, I try to put aside a bit of money (which I failed in all of 2020 unfortunately) and I spread it on my portfolio, which means I keep buying almost every month, or at least whenever I can, that way I do buy at the bottom, I also buy at the top, but I keep getting crypto richer, that's a safe bet, that's how I do not have to worry about trying to guess the bottom.

Secondly, not all top coins always profits, depends on the top coin you would like to invest, BCH for example is a miners coin that is run by two big miner, that's it, or XRP for example.. well we know what happened to them, so you have to pick carefully.

[raidarksword]

It is not more advisable to invest on start up projects because big chances it will turn scam or not succeed in the market, in my opinion. Investments is not a financial advice and it requires a risk taker attitude to succeed in this industry and investing on top coins/tokens in the market will have big chances to earn profit from the ventures made during at low price of buying.

[RussianEnglishTranslation]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

I'm sorry, I don't understand your English... what do you mean by "when it is in the deep"? My personal strategy is to buy microcaps that haven't mooned yet like 0xMR and UNCX.

[istiak2277]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

People invest in new projects because of their high potential of pumping 1000 times from their starting price. What is think is the crypto market is already risky no matter its BTC you are investing in or a new ALTs. So if we can manage our risk and use some of our time to find a good project then our extra risk could give us high returns. Becasue traders are not holders and they won't hold until they are in profits.

[MonsterV]

I am writing this specially for newbies

Rather than investing in a shit coin to have 2x 3x profit within a day,If we invest in the top alts when it is in the Deep, then it can give a good profit.
Specially in a case of newbies, they always run behind 2x or 10x profit and in maximum cases they loose their money , but my friend's 10-20% profit is also very good.
 And please don't enter in market when everything is pumped,if you miss this opportunity then wait for the other one.

I agree with that, I've once too invest to shit coins that pumps 3-5x per day but dumps 10-15x the very next day, it's much better to invest to top altcoins that even if they dump the project value is still great, since there is an assurance that the price will soon go pump again unlike shit coins that is not worth holding for too long.

[oHnK]

when the price drops to the bottom you can buy it. This strategy can give you maximum profit for buying coins at low prices.

With good fundamental conditions, not junk coins, because not all coins with dropping prices can go up again.  We also have to see the price trend down for what reasons?  Is it really just a price correction or is there a bad issue behind the price decline.  No one wants to lose, right?  Don't think that all the coins that drop are worth buying. Don't be too hasty in every action, don't be greedy for profit if you don't want to lose big.

[ardentvolcanoes]

People cannot tell when a coin actually goes deep and when it will rebound.
XRP is an example, its value is falling very deeply right now but people still don't know when it can rise again.
If we invest in XRP at the moment it is really risky.

It's risky if you don't have any idea with what the developers are trying to bounce back with the issue that they are facing against

the SEC, if you'll invest blindly without researching then the the chance of losing a lot of money is very possible, but if you have good

knowledge if what might be the counter plan then riding with this coin while the value still down might bring you good benefits.