The prices of newly launched currencies should have no choices other than rise to multiple times high. These currencies may not have long-term pontential. Invest 10k in such a currencies, dump them and make big money in short term.
but now a new project will down hard after listing mate,,
so, how can you said if newly launched cryptocurrency should have no choices other than rise ?
Very old altcoins may take very long time to achieve multoples. Even like eth, ltc. They wont go to 100 more expensive anymore. But very new cuŕrencies can.
maybe you are right,
but investing in old altcoins with solid and smart team such as eth and litecoin can reduce the risk of our investment on altcoins