Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens?
by
Nellayar
on 23/07/2020, 23:52:37 UTC
So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

All kinds of investment have risk, it is minimized by doing background investigation and studying the market flow. In cryptocurrency market, investing in new crypto projects is good for a certain time.  Like for an example, it has been seen that investing in an IEO (providing it is done on reputable exchanges) gives IEO investors a good profit because the price of these IEO goes up after the IEO is done then crash after the short period spike in price.
+1

This is what we called risk management skills. Every investment has risk, whether you buy it in fundraising, stocks or exchanges. We don`t really know if we will lose or win. But to prevent a big risk, there are way to lessen it. And conducting a research to our investment will help us to know if the project has purpose or only a paper product. If we want to have an assurance in investing with coin, IEO at large or big exchanges are advisable.