Post
Topic
Board Altcoin Discussion
Re: why people are always interested in altcoins
by
rojan
on 30/07/2023, 15:26:17 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.
Apart from the big risks, the big profits are also a consideration why many are still investing in new altcoins,
they also know that high risk also allows high returns,
It is clear that these risks have been carefully considered.
Taking risk is more likely to make profit but it is not always right to take risk. There are times when taking high risk means losing money. This time we have to trade carefully. If we make a wrong decision our money will be at risk. Risk by investing in some good coins.  Chances of profit are high if you take it. I have seen some people who invest in wrong coins and lose their money. Later they get very worried.