Post
Topic
Board Altcoin Discussion
Re: how to invest safely in cryptocurrency?
by
Russell963
on 18/11/2019, 08:20:56 UTC
if I think personally a safe way to invest in cryptocurrency is :

1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.

I agree with all your points of safe investment, but even if all these points are followed, it still does not give a full guarantee of security, there remains a small fraction of the risk, you need to have luck.
If not fully but at least we will be a little protected.