Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
Muslimin mj
on 18/08/2021, 02:58:22 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 altcoins have risks, no effect on new altcoins or old altcoins because the risks we accept are the same. but we have to be smarter when buying any altcoin, we have to sell it at the right time before the altcoin we have bought will go down again. so what we need to understand is when is the right time to buy and when is the right time to resell.