Post
Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
junmisakiro
on 22/12/2021, 16:42:12 UTC
I don't want to take the risk of choosing a new project as an investment, because it is very difficult to determine a new project that has good potential, we have to research everything from market capitalization, development team, volume, community and most  the project is already listed on the stock exchange, even if the criteria are  is fulfilled, new projects do not guarantee that they will develop well, I prefer projects that have a high market capitalization, because they have a great opportunity to  profits in the future.
so you have never participated in any IDO, ICO or other token sale?
I think it's okay if you want to try to participate in a new project because some new projects can give you big profits in a short period of time. lately I've often seen people participating in IDOs on the Solana network and earning huge profits in no time.
it's true when you say you can get big profits if you join a new project but of the many new projects that appear not all of them can be successful that's why we have to be able to choose which project we will join, I think it's a difficult thing and a risk to join a project New projects are also big so it's better for people who can't and are good at seeing opportunities in new projects not to do it.