Post
Topic
Board Altcoin Discussion
Re: Investment involves being realistic, doesn't it ?
by
Xal0lex
on 23/04/2023, 16:38:26 UTC
...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.

No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better.