Quote from: peter0425 on Today at 01:50:49 AM

Quote from: Clark Anderson on February 13, 2023, 06:02:50 AM

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?

the thing here is why many of you guys are still looking for new coins/tokens when there are already existing project and proven to be safer to invest for?
actually this leads only to one thing and that is greediness.
you guys are keep seeking for easy money and big return and as you already knew it is risky , but once you fail and that is the thing to blame the market.

I keep asking that question to people and the answers vary a lot but the best thing I can come up with is that they just feel too late for other coins. I mean there are tons of amazing projects that already exists and you can buy any of them and make a great profit, and yet people don't do that.

Because they know that it would be pretty near impossible if they did that and make a 10x profit or at least 20x profit. They know that it would be possible to double their money if everything goes great, and on the best possible situation maybe make 5x profit, like 16k bottom bitcoin times 5x means a bit higher than the ATH we have right now. But if they buy a new project, they "may" make 100x, which they usually don't and all ends up losing their money.