Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens?
by
vvu351
on 26/07/2020, 19:59:08 UTC
There are a lot of scam projects where new tokens/coins are introduced. It is sometimes very tough to identify the legal project when it comes first to the market. That's why to invest in new coin or token is risky. Rather it is better to invest in old and stable coin.
It is practically impossible to determine what the project is and, most importantly, how much profit it will bring. I don’t invest in new projects.