Post
Topic
Board Altcoin Discussion
Re: Should I invest in new Projects (Need Suggestion)
by
milewilda
on 09/02/2023, 20:32:19 UTC
I want to ask that investing in new projects has worth or not because to many scams projects now a days and i am afraid of losing money.
You are aware that there are so many scams projects nowadays and most of them could come from new projects. I think that was enough answer to your own question, so you better stick only on old and proven projects for years as they are guaranteed to last for a couple of years than trying your luck on new projects which might not last long enough even if they show a good start.

You only need to keep in mind that there are still a few risk involved even in the old projects so if you are afraid to lose money even if a small amount or for temporary only then you better stay from investing. You better sit there and do nothing but you will also gain nothing that way.
We cant generalize or could say that it would be 100% scams but still people who are tending to find those gems around and this is why we cant really just missed out on investing while it is still on their earliest phase.
Of course we are really that minding on making ourselves rich and there's no way that we could be able to choose out precisely and this is why it would really be that important for us to make some in depth research
and make out some analysis even though its not really giving out guarantees but at least we've done our part rather than on choosing or buying a particular coin/token without any basis, then thats
definitely a gambling and not an investment.