Post
Topic
Board Speculation (Altcoins)
Re: Is it risky to invest in new crypto coins/tokens
by
sulendra12
on 06/04/2023, 22:51:18 UTC
These days many new crypto coins and tokens are being introduced  and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency makes a good pump in their starting days and after on, they dump in a very dramatic way. This cause a very big loss to the investors and the trust in these types to new coins and tokens is finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
Is it risky? Yes!
Is it worth to try? Depends

Some of the new projects could give you a brief idea about what they are trying to achieve during presale and engage with the community, of course with the initial research from you then you can see lot of potential projects  in this forum or other place. But still, the chance of that happening is pretty low and also that most of the new projects are ended up failing due to scammers and price dump after presale. It's a common thing.