Post
Topic
Board Altcoin Discussion
Re: Advice from a stranger
by
hashrateproducts
on 15/07/2022, 08:25:11 UTC
Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already
I myself do not agree with this statement which is still not necessarily true.

the new project does not yet have certainty about what will happen in the future because it is still in the process of developing and marketing the project.
when compared to old altcoins that already have clear value, new projects still have a very small or even uncertain possibility of being able to get a better profit.
Old projects still brings Profits to traders and investors but not as the new projects. New projects bring gigantic profits but old projects bring Profits but not as hugh as new projects because the old ones have already hits their target and they later dump inother to recover back. Altcoins which have come into existence in the Crypto space still have chance to survive especially the ones that have strong community but the ones which it's community is not strong always lead to dump.