Post
Topic
Board Altcoin Discussion
Re: Not all new Projects are bad, So take the Risk
by
Jody.Drummer
on 17/04/2023, 14:33:57 UTC
A new project can actually be a good opportunity for us to enter, but on condition that we have analyzed it carefully enough. recently we witnessed many new projects that have quite good potential. and I mean the L-1 and L-2 altcoin projects like Aptos and Arbitrum. and what is currently popular is the L-1 Altcoin which is getting a lot of attention from crypto users, namely the SUI Network (Sui). but no matter how good a new altcoin project is. we still have to know that Altcoins are high risk. so for me as long as we have enough profit then selling it is a wise thing. and still for the long term I think only Bitcoin is worth getting into.
The conditions are still the same as before, as long as we really believe in the research being carried out and as long as we are able to take the big risk of being in a new project and accept all the consequences and of course the worst possibility then it can still be done. It's just that everyone can't do this, we need to know our limits so that when we are not too sure about what we are doing and don't want to go through all the processes, especially if we don't want the worst possibility, it would be better if we don't participate in it. because indeed this is only done for people who are ready for the worst.