Quote from: Rana590 on December 08, 2022, 06:56:04 PM

Quote from: asrinur on December 08, 2022, 01:12:07 PM

Quote from: Pujangga on December 08, 2022, 10:34:09 AM

Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.

Of course investing in new projects is an opportunity to get a greater satisfying profit. However, to be able to find a good new project is not easy, especially now that fraudsters are doing various ways to get money from investors through the new projects they offer. Therefore, we must be observant in investing in new projects and must also be prepared with all the risks that will be faced later.

If someone invest his all assets in a project then it will be foolish decision because there is no guarantee about new projects. We want huge profit within short possible of time but we have to remember there is no short cut way to get rich through crypto except luck (huge pump to your holdings). It is better to get lower profit by investing potential projects.

I agree with you that if you only invest in one new project with all the money you have then it is a wrong step because we don't know how far the prospects for the new project will develop, especially if the new project is fraudulent, then we will experience big losses and regret. Therefore it is better to invest in several potential coins, even though the profits are small, you can get big profits from the various potential coins invested.