There are indeed a lot of good coins right now that we can buy, because now the market is still experiencing a decline, so we have a large
selection of coins to buy at low prices. But besides we have to choose which coins are worth buying, we also have to be able to separate which
coins are for the long term and which are coins for the short term. It is very influential for the profit that we will generate in the future.
Regarding new coins, actually, if we believe in the results of the research and analysis that we do, there is nothing wrong with trying to invest
in new coins. But we must be prepared with a high risk of investing in new coins, and most importantly, if we want to invest in new coins,
we must sell it immediately if we are already profitable. Because it is too late to sell new coins, we will be stuck in these coins for a long time.
Before we select the coin, it is better we calculate the money and not use all of the money to invest in the coins. Although the market is down, we still need to analyze deeper and not just buy the coin because of other people suggestions. In this downtrend, those coins tempted us to buy but we need to be wise to select which coins that we think will increase in the short or long term and do not buy many coins if we can not manage.
Maybe the new coins can be our short term investment so once the price increase so high, we should sell it before it is late. We can buy back the coins when the price is down because sometimes the price can down too deep.
Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.