Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
Farma
on 07/06/2021, 07:17:54 UTC
all crypto assets are at risk. even if there are new crypto assets that have entered coinmarketcap. you can see new tokens like SHIB suddenly on the market above the market cap. it is not without risk because all crypto assets can easily fall and make the value of our investment experience a very large decline. first, study the market and the potential assets in the market before starting to invest.
yeah, you're right. even investing in the king of crypto, or bitcoin is still very risky. for example, when the price was dumped that just happened, it cost a lot of people including me. however, for the new crypto, the same is true. it's just that, for new coins, the potential risk is greater because we can't predict the future prospects.