Re: is buying new listed coin profitable?

Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?

I find it risky because there are icos which has an inactive team so I find it risky to trust new coins. Unless it has been established well. I would still prefer to invest with bitcoin where I could just lie and wait for the best time to sell. Bitcoin would really give me an assurance of a profitable future.

That's the thing. If you invest in well established coins the short term upside will be considerably lower. It depends on your risk appetite.

All investments certainly have a risk, but in my opinion when buying a new listed coins it is more profitable because usually when the initial is available at exchanges the price is still cheap so we have the potential to get big profits.