Post
Topic
Board Altcoin Discussion
Re: New altcoins you can invest on.
by
mattujusuruga
on 14/10/2022, 12:43:06 UTC
I think all new altcoins that have been listed on CMC are good to invest in, but before that you should do further research about the altcoins to be invested, because not all new altcoins have good potential and prospects. but in my opinion a new altcoin and the one that has a great opportunity to be able to provide a lot of profit in the long term is Solana
Indeed, investing in altcoins can be the best choice for traders to earn money because considering the high price of Bitcoin it might prevent us from being able to buy it because we don't have a lot of money. However, not all altcoins on CMC are good to invest in. It is better to invest in altcoins that have strong and proven fundamentals because if you choose the wrong altcoin, you can experience losses.
We know that it is good decision to buy altcoins to earn profit but it is tough to find out best altcoins for investment. For this, we have to analyze market very well and lot of experiences are needed. If you have low budget then it is good decision to buy some potential altcoins for future benefit.


When the market is bearish, it is better to invest in coins who have a reputation or top ranking, many coins choices that we can buy, investments in new projects are also very good and we can do for daily or weekly trading
Investing in new projects is very risky because many new projects are not necessarily successful or are scams. Especially lately there are many new projects that offer tempting concepts but in the end their coins are scams. Need a good understanding in determining new projects to invest in. Therefore, in the current bear market situation, it is better to invest in altcoins that already have a good reputation than invest in new projects.