Post
Topic
Board Speculation (Altcoins)
Re: Is it risky to invest in new crypto coins/tokens
by
MiF
on 10/04/2023, 12:22:08 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?

I think new coins is not risky but we should always set a limitation in order for us  to limit the possible loss if we are going to loss, risky is when you will not determine the good altcoins or the legit new altcoins but if you can choose the legit altcoins even if it is new then we can still earn on it depending on the development and the team that handle the projects.