Post
Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
Quidat
on 22/12/2021, 20:19:10 UTC
Well, I often invest in new projects and some get a fairly high benefit, for the risk of losing money, obviously it can happen because all investments have a high risk, especially if we enter into a new project, the risk we receive will be very high. we can minimize the risk of losing money when we invest in a new project by doing further research on the project because that is what I often do when I enter into a new project.
It's negative for me, I don't usually invest in new projects or coins for a simple reason to be safe and protect my hard-earned money to not be wasted in risky projects. And even if that certain new projects did turns out promising after you had your research, the real question is, would it survive for atleast 2 years? Or does it have that potential to make my money doubled in just a year? If the answer is no, then it's a hard pass for. IMHO Wink
Dont risk if it isnt needed because you would just be simply wasting off your hard earned money in other investments you do had.You would really be needing to be wise
and be sensible on your actions if you are really that serious on dealing with new projects so its a personal choice whether you do deal with those new projects
or would simply skip out because it isnt really that worth so its a personal kind of decision.