Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
mbakruroh
on 24/08/2021, 21:47:08 UTC
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?

Actually investing in new coins is very risky, and this has been my personal experience. I bought a newly launched coin, and the price increased rapidly. But not until 1 day the price drop exceeds the price I bought. Of course when we hold back, it takes a long time. New coins cannot predict how far the price will hold, sometimes rising too high, sometimes dropping very drastically.