Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
davide72
on 17/08/2021, 21:28:18 UTC
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. 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?

all types of altcoins and whatever platform is used there is a risk. New altcoins and old altcoins have their respective risks in crypto. so what we need to do is how for us to reduce the bad risk that will happen to us in the future. by finding the best information about the altcoins we want to invest in so that they can give us an advantage.

the most logical thing for me would be to distribute the coins of the new projects for free as it was for bitcoins or many other successful cryptocurrencies that have been distributed free of charge to those who request it. In this way, many scam projects or loss of money would be avoided.