Quote from: cryptothreads on February 05, 2023, 01:00:41 PM

Quote from: Jody.Drummer on February 03, 2023, 01:29:23 PM

Quote from: nurilham on February 02, 2023, 09:44:22 PM

Quote from: mdzahed134 on February 02, 2023, 07:07:01 PM

BTC and ETH both undoubtedly safe to invest at any time but why peoples investment on other new projects because they need early profit which is not happen in BTC or ETH. New project is always risk because i have seen 90% is scam at end of the day right now.

Do you think people can't get early profits (fast profits) from BTC or ETH? People can trade BTC or ETH, they can get faster profits by trading them. The real reason why people invest in new projects (new coins), it is because they offer bigger profits. New coins are very volatile, they can increase very significantly. But they also can drop very significantly, too. Even, the price can be zero if they turned to be a scam. People choose BTC or ETH because these coins are trusted, while new coins have high risks.

I don't expect much from new projects even though they offer a lot of advantages. If we look, all new projects will offer that, because their main goal is to attract the attention of investors to join the projects they are running. So from there we have to consider, because today I'm not going to say all, but almost every new project is mostly a scam.
Meanwhile, if we invest in trusted coins, especially bitcoin, then our risk will be lower to experience fraud.

Alright, let's break it down one more time. New projects might seem exciting with all the promises they make, but it's important to keep a level head and not get swept away. Unfortunately, not all new projects are created equal and some of them might not even be on the up and up.

So, what's the alternative? Stick with tried and true coins like Bitcoin. While there's still some risk involved, investing in established coins like Bitcoin can offer a safer bet. Not only is Bitcoin a trusted name in the world of crypto, but your chances of getting scammed or taken advantage of are much lower.

In conclusion, don't be too quick to throw your money into any new projects that come your way. Do your research, stay informed, and make smart investment choices. That's the key to success in the world of crypto.

There isn't the best advice, if at a time like this, for a while you want to refrain from joining any new projects. even though everyone knows that every new project always provides multiple benefits. but that happened at a time when people were indeed competing to make good and quality new projects, so many wanted to invest in it, of course not at this time where most of it was fraud.
don't know when it will start to get excited again, that every new project will always provide benefits in accordance with what has been done so far.
Obviously, because of this, many don't want to look at the other side and stay focused on the best coins at the moment, namely Bitcoin and Ethereum or BNB.