I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
I think that there is no reason to not invest in something just because they are only listed on small exchanges.
However, MANA is definitely listed on more than just small exchanges. I think that it has some potential as a project and it is also on Binance.
Just be careful that you are actually buying early stage coins, where it is natural to not have large listings. If it's an old coin that has been around for a while already, it's probably a sign of things to come if it's still only listed on small exchanges.
I agree with you. Investing on something that is being listed on smaller exchanges, compared to others, is not a mere limitation in deciding if the investment must be continued or not. Being listed under such may be due to many reasons, one of which is the smaller fees. However, in connection to your statement, staying under small exchange may also indicate some setbacks. And so, when one decides about making investments, research and analysis is the greatest advice that can be given, again and again.