Post
Topic
Board Altcoin Discussion
Re: Should we buy tokens for young projects?
by
teosanru
on 21/11/2021, 19:46:47 UTC
I think this is a difficult question, isn't it too big a risk to invest in projects that are just being developed? On the other hand, if the project has a good roadmap and a promising team, then you can invest and get good profit in the future. By the way, it seems to me that the CheckDot project, which is associated with the verification of other crypto projects, may be quite promising in terms of investments.

What do you think about this issue? Do you invest in young and just starting projects?

I think it's good to invest in these projects but obviously only until a certain percentage of your portfolio, and by certain I mean at maximum just 20% of your portfolio, and this too can be too much, but also diversify this 20% in 5-6 good projects,  this could be your 20-30x money but this could also be your zero money. At the very inception stage it's really too difficult to judge any project, I have seen many projects with great ideas not going up but a similar project which comes in at a later stage going up much more than the original one, or sometimes the original one stays stagnant for many years and then suddenly jumps up by 30-40x, so you should invest in these projects and forget about these projects, you should think of this money as you have lost this money already.