Post
Topic
Board Altcoin Discussion
Re: Not all new Projects are bad, So take the Risk
by
Jody.Drummer
on 09/12/2022, 19:31:53 UTC
Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.
Of course investing in new projects is an opportunity to get a greater satisfying profit. However, to be able to find a good new project is not easy, especially now that fraudsters are doing various ways to get money from investors through the new projects they offer. Therefore, we must be observant in investing in new projects and must also be prepared with all the risks that will be faced later.
If someone invest his all assets in a project then it will be foolish decision because there is no guarantee about new projects. We want huge profit within short possible of time but we have to remember there is no short cut way to get rich through crypto except luck (huge pump to your holdings). It is better to get lower profit by investing potential projects.
We can make a strategy by dividing maybe 10-20% of the money we have to invest in new projects, of course we have to be prepared with the possibilities that exist or we will be trapped in a scam project. Yes, indeed there are many new projects and also many who have experienced it get many times the benefits, but that is also in line with the risks that we will face. Logically, sometimes old projects also end in disappointment, like the many examples that have happened lately, especially when it's a new project. We have to be more careful about investing our money in new projects, we need a more in-depth analysis to see how the potential of new projects emerges.