Post
Topic
Board Altcoin Discussion
Re: Advice from a stranger
by
Jody.Drummer
on 27/09/2022, 10:21:36 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.

Not many new altcoins are currently able to increase after listing on the market, because the current market conditions are not good. so with the current market conditions it is very difficult for each new altcoin to increase. so in my opinion new altcoins can indeed provide benefits but we must also be able to understand market conditions before we will invest.
We can't deny that new altcoins can provide multiple benefits. But the question is which altcoin, because so many altcoins are emerging now, and also from the many altcoins there are also many unclear projects. The OP didn't specify which altcoin he was referring to. Be careful with the advice of others because it can be misleading if we do not fully understand what is being said.
Moreover, the OP is questioning whether the new altcoin is the best one to invest in right now. Obviously this is something I still question, on what basis the foreigner said that.