Quote from: rizqoAD on Today at 07:53:46 AM

I think this new cryptocurrency project is high risk, but if this new cryptocurrency project is successful then we can get a lot of profit. In my opinion, it is quite difficult to find a good and successful project, because we do not know whether the project will be successful or not, for that you should research the project that you are going to invest in first. Not all new cryptocurrency projects fail but many have succeeded and are now big and becoming flagship cryptocurrencies like BNB. The key is to be careful and do in-depth research when you want to invest in a cryptocurrency project and I think experience will give us a good knowledge of cryptocurrency projects.

I rarely consider new cryptocurrency projects when I am investing. But, that doesn’t mean that we shouldn’t invest in new cryptocurrency projects, if you see a project and you feel that the project is quite good and will see a major growth in the future or be successful, then it wouldn’t be bad if you should invest in it.

A lot of investors are scared of investing in new projects these days because they fear that it might end up not being successful due to one thing or the other, such as lack of funds or support ,or on the other hand it might turn out to be a scam. And that is the truth, you can’t really tell if a project is going to be successful, but you can tell projects that has the potential to be successful. But, having the potential doesn’t mean that the project is going to be successful, because if the team that is behind that project is not putting in enough work that is required to push that project to the level that it is meant to be, then it is not going to reach that level.