Quote from: LogitechMouse on May 28, 2022, 04:36:17 PM

Quote from: lerne zu lieben on May 28, 2022, 03:53:21 PM

What are your goals when investing in new coins? Did you get a huge profit from the new coins? Can you recommend a new coin worth investing besides LUNA?

Big no-no for me.
I'm not investing in new projects or new coins because they are more risky than those top market cap coins.

I only have a limited budget to invest that is why I'm a bit conservative and focusing more on low risk, low reward coins such as Bitcoin, Ethereum, BNB etc. Since I'm not investing into new coins, I'm not getting huge profits either, but I've already seen many people gaining huge profits from investing into new projects. It's a high risk but high reward strategy as well.

LUNA?? Just stay away from that shitcoin. As of this moment, the coin went down from near $20 to now near $5 and expect that it will go lower until it will become a worthless shitcoin. Like I said, what happened to the old LUNA will not be forgotten by just creating a new blockchain or new coin whatsoever. Do Kwon's reputation has been affected by what happened, therefore the trust of the investors to him is already gone.

New projects will no longer be profitable anymore as most of them are hyped and eventually drop their value when big whales stop the hype. You can be lucky if you invested in them and sell them before the hype is over, otherwise you'll lose your funds before you knew it. That is why if you want to avoid high risks and just play safe, chose to invest in bitcoin. Its a lot safer and more secured than these new coins. You can't let yourself fall for another Luna again, one is enough.