Post
Topic
Board Altcoin Discussion
Re: why people are always interested in altcoins
by
Fredomago
on 08/07/2023, 12:22:07 UTC
Investing in large altcoins such as ETH and BNB is not much different from investing in bitcoin, meaning that the risks you receive are not much different from bitcoin. people who buy new altcoins dare to take risks to get big profits because usually the pumping that occurs with new altcoins is more drastic. I think that's the reason why there are still so many people willing to buy new altcoins.
Even so, you still need to consider before deciding to buy a new altcoin,
many new altcoins end up being scams so that risk has to be considered,
you need to do your research first and it's important.
yes I know that and I also know how important it is to do research before investing. but as I said before if the high risk is also accompanied by big profits. therefore many people continue to invest in new altcoins even though the risks they accept are also large.

That blindness really kills those people who believes that with one good luck it will turn things, if they will manage to pick the new coin that will bring them a huge pump then they will earn a lot, though in the search time frame with the money that they already spent, most of the time, those new projects turn into scam or didn't materialize and unable to bring them the result that they expect.

Research and make sure that you are not doing this trading as same as gambling with luck, but doing it with passion and intention to make good outcome with the right project to support.