Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
nemey
on 23/08/2021, 16:11:29 UTC
indeed cryptocurrency investment can be started since the new coin performs an ICO (Initial Coin Offering) because it has a great opportunity to gain multiple profits. But it must be remembered that ICOs are also full of risks, because many developers just want to make a momentary profit, so the ICO ends in a scam. I suggest you to study the movement patterns of trusted developers and assess whether the ICO is an opportunity and how big the opportunity is, or is it just a scam, it can reduce the risk.