Post
Topic
Board Altcoin Discussion
Re: How Sure Are You That You Invested In A Right New Coin?
by
Bitfling
on 19/10/2019, 06:50:17 UTC
It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

The answer is you dont. It is always a risk whether its a legit or a scam project. One way or another, when the project turns into a roller coaster from legit to scam then youre riding it, then youre considered doom. Well on the other hand some scam project turn to be legit and that's is also unexpected gains on the part of other's right. I rarely invest but I'll be wise to choose it, and having a sure gain is what i mostly preferable.

I agree, even though when we choose coins very carefully, sometimes things happen that are beyond our expectations. The safest choice in choosing a coin as an investment is to see its liquidity, if it is large, I think the coin is worthy of being an investment because it is actively traded and is also in demand by many investors