Post
Topic
Board Altcoin Discussion
Re: Not all new Projects are bad, So take the Risk
by
Visbay
on 19/04/2023, 11:23:59 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.
Analysis must not only be limited to the new projects but we should also do it on the old projects because sometimes they can experience an issue too but except of course to Bitcoin. This is the only coin that remain in its spot if we check the coin ranking history.

I am familiar with the coins that you mentioned and yes Sui is the latest but isn't it the coin that did not airdrop their community? I saw the complain on Twitter and on the forum last day. This might be shady so I will try to be careful on this one but there is seem no problem with Aptos and Arbitrum so we can carry on them. We can try investing for short term for a while and if they run well maybe we can extend it to long term.