Post
Topic
Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
abralzain17
on 01/09/2021, 10:58:25 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?

There is no investment without risk! All investments have risks, be it investments in virtual currency or investments in stocks.
well, investing in new digital currencies is very risky in my opinion because research has not been done and also cannot be analyzed, it is very different from old coins, if investing in old coins we can see price movements one or two months ago. but investing in the latest coins such a thing cannot be done. I think like that!