Quote from: Tony116 on April 27, 2022, 02:50:21 AM

Quote from: Shasha80 on April 27, 2022, 02:28:19 AM

Quote from: Jack_Sin on April 26, 2022, 10:59:44 PM

Quote from: kryptocanon on April 26, 2022, 10:07:52 PM

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.

You have a good strategy for managing the profits from your portfolio, but participating in a newly launched project is very risky, so you should do a detailed analysis on a new project before investing. My advice remains for top coin investment options compared to new projects.

Actually, new projects can indeed give us a bigger profit than top coins, but as you said the risk is also big. And based on my experience in
the crypto world for several years, it is not easy to make a profit from a new project. Often I buy at the peak price or sell it late, because i
f the new project pump will be very high, but the increase will not last long, because the price of new projects will drop drastically. If the price
has gone down it will be difficult to go up again, chances are we will be stuck for a long time in the new project. Therefore, if we feel lack of
knowledge and do not have good analytical skills. Do not take the risk of investing in a new project, it will only make us lose money.
I agree with you, It is highly recommended to invest in top coins, because the opportunity to generate profits is greater.

It is safer to invest in top coins but to make a profit it requires patience and we have to hold it for the long term. Investing in a new project should not be recommended for newbies but if you have knowledge and experience in the market and invest with the money extracted from profits, I think they are well worth a try. It can be risky for us but we can also get well rewarded if we really seriously seek and do thorough research.

I agree that patience is the key to successful investing in crypto, even though we have invested in top coins, it will not immediately provide
profits in a short time. We sometimes have to hold long enough to make a profit, because investing in crypto doesn't promise instant profit.
Therefore, quite a lot of investors invest in top coins for the long term, because it takes time to be able to generate large profits from top coins.

Regarding investment in new projects, it's not always bad, if we can choose a good project, we can make a big profit. So it depends on our
experience, research and analysis capabilities to find a new project that is worth buying. But because the risk is very large, I highly recommend
that if we want to try investing in a new project, use a small capital and also use money that we can afford to lose. So if we experience a loss,
we can consider it as a learning cost.