Post
Topic
Board Altcoin Discussion
Re: Is the new cryptocurrency worth buying
by
coupable
on 26/05/2020, 22:45:57 UTC
OP question is so vague and can't be answered properly. Maybe just his friend can response him.

If your friend has recommended to you a new cryptocurrency, it is up to you to do your due diligence on the pick, research the project, it's development, team, investors and other factors that are relevant to the successful development of the project. You are responsible for your financial decisions.
He should simply ask his friend why he suggested that coin in specific. If someone suggested you to invest in bitcoin earlier in 2013 then this doesn't mean he is a good analyser or you should always follow him. Actually, the market has over 2000 cryptocurrencies and it becomes harder to chose the good from the bad.
Or at least, just start a new topic asking community about the coin you are willing to invest in.