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?
Exchanges do matter a lot , but sometimes there are projects that the devs wouldn't have enough money to afford launching their coins or tokens on a big exchange like Binance and the rest of them, so they might just decide to start with small exchange to at least get started and not keep their investors worried about the project.
So, it's a thing of whether the project is good enough, if they are really good, then the exchange might not really be a problem at all, as with time they are going to launch it on bigger exchanges once they have gotten the money that is need for them to be able to do that kind of thing. Although the good thing about being launched on a bigger exchanges is that it shows that the project is less likely to fail.