Quote from: Hallroom on Today at 11:22:21 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?

Investing in new coins that enter the market is very risky. Because even though there is a lot of interest in the new state, later the website runs away with down, due to which all the investments go to waste. So it is better to refrain from investing in any new projects because it is better to invest in projects that are old in the market. And currently, due to the downtrend in the cryptocurrency market, the alt sections are not performing very well.

Certainly before investing in a new coin it is important to still do your own research,
and after getting clearer information then we can make the right decision,
investing in new coins or not is a choice which we have to make for ourselves.