Quote from: 2lica on Today at 11:34:00 AM

Quote from: Tamedbeast on July 15, 2022, 06:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

During this market conditions, whatever you invest in and the project survive, will make you profit. The new altcoins have high X potential, true, but the tricky part is to evaluate which project has potential, survivability and can bring some kind of innovation or improvements to the blockchain.

And that you need thorough research. Though listening to some advice is not wrong as indeed right, however, we don't just trust them too fast. Investing in new projects is really risky and has higher chances of losses rather than making a profit.

Not that I say it was a wrong idea nor it was good, but it was also important we know more about the project we would like to invest especially when it wasn't proven yet like Bitcoin and ETH.