Quote from: princeyeboah on October 21, 2019, 03:22:05 AM

Quote from: DevilSlayer on October 20, 2019, 05:17:44 AM

Quote from: coin-investor on September 22, 2019, 01:25:05 AM

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?

It is now risky to invest in new altcoins because most of the new altcoins are dumping after it got listed in an exchange. I've been trading for so long and for me it is better if we will buy coins that have good historical movements.

Most of these new coins that get dumped right after listing have selfish team behind the project. The team accumulate huge millions of dollars during the IEO or token sales period but do not care about the price trend when the coin gets listed. Also, some of these new coins do not have any real life usage or use case, hence will eventually die off.

And there are two reasons behind that, the first one is that the owner of the project or coin just want to take money from investors and to scam them for which he launch the project, and the other reason is that the members of the project just want their own interest and upon listing the coin they sell it immediately without the care of project thus they takes money and leave the project incomplete. But in both cases it is the duty of investors to search good projects for investment.