Post
Topic
Board Altcoin Discussion
Re: Advice from a stranger
by
Almasani
on 19/09/2022, 19:52:50 UTC
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.
The new coin's success rate is still below 50% and 50% will fail. The success rate is not just being listed on the exchange, but they are able to increase the price above the presale price. What you say can be put into practice when the market is in a bull run. However, if the market conditions are bearish, I believe 90% will fail. So my advice, if you want to invest, read market conditions, world information that is being talked about, and current trends. In essence, the investment is not based on the words of friends. Because if you fail, you will blame your friends.