Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens?
by
Willitivity
on 12/01/2021, 10:55:23 UTC
Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way.This cause a big loss to the investors and the trust in these types to new coins and tokens was finished.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?
I don't know about you but I think every investment made in crypto are always risky, especially when that investment is made in an upcoming project that is not known by alot investors, it's always risky when investing in new projects because some times even after buying at the IEO or private sale price, then it gets listed the price of the token most times dump even below the IEO price, sometimes it doesn't recover from the dump and end up being a dead project, investors have lost their trust for new projects since the 2017 bull run, now they prefer investing in popular cryptocurrencies than new projects.