Post
Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
livingfree
on 03/02/2022, 07:25:15 UTC
Investing in new projects is better and more profitable than holding old coins, when the project is more than a year old there are usually 2 options, namely skyrocketing or dying, but if it's a new project it will usually skyrocket because it will pump when it is initially on exchanges.
I have to disagree with that.

In my experience, investing and holding the older coins are better and working for me. I've got no luck with those newer projects because I've done that before and only a few succeeded.

I'm not telling that all of them are bad but in my winning rate with the new projects, it's lower than the old way which I'm liking and preferred more.
Better to play safe rather than on putting some risks on dealing with those low caps or new projects but there are people who do really love to play with fire on which they would really be dealing off with

those things and hope that they could really make tons of profits if it would really make out some pump and yes it might be a gamble but there are people who do really have that kind of mindset.

Investing like feels gambling and you wouldn't really make that chance if you don't make such step.
Yes, playing safe it is.

We don't know what's with most of the newer projects because we'll never know if they're going to succeed.

Because many of them are just going for the short term profit and then they'll just leave the project left hanging with their investors.