Post
Topic
Board Altcoin Discussion
Re: Should I invest in new projects?
by
MarjorieZimmermanGinger
on 25/04/2022, 17:42:23 UTC
Well, investing in new cryptocurrency project is very risky i must say.
Unless we know the project very well, we better take our money to another good existing project.
Although the risk is very high, the gain will be very high too (if only the project success in the future).
Experience in cryptocurrency project is very important, so we can know which new project will give us some decent profits.
New crypto projects are very speculative, there are many things that we have to analyze, for people who don't like risk, maybe they won't be interested in new projects that exist, moreover the concept of the project has no potential value, but some people actually like challenges, so they try invest in the new project, but the most important thing is that we must be able to identify potential projects in carrying out the investment, if we do not want to get a loss in carrying out the investment