Post
Topic
Board Speculation (Altcoins)
Re: Do you always invest in top ranked coins?
by
EXtremeAEX
on 22/08/2019, 18:46:00 UTC
Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

If you are a beginner but strive right now to invest in cryptocurrencies, then of course, first of all, you need to consider coins from the top. But, as a more experienced trader than you, I can tell you with confidence that in most cases the main profit comes from the rest of the coins. But in order to correctly select a potentially profitable coin, you will need knowledge and experience.
That is why I recommend that you start investing with top coins, and after you get the necessary knowledge and experience, look for other coins to earn money on them.