Quote from: kawetsriyanto on August 28, 2023, 09:59:33 PM

Quote from: JahriMeayer on August 22, 2023, 11:52:02 PM

Not all new altcoins are bad. I found many new altcoins that already gained huge fame, volume as well as included in top altcoin list in 2023. So for bnb. But the fact is, finding good coins aren’t easy. Someone may advice a bags of "rules to find out new good altcoins" but that won't work as we expect and no surety at all. It also depends on luck but most of the time people fail to find the good one. But if you can, then you are welcome to invest in new altcoins with own risk

Indeed. There will be always some good new altcoins. However, they are quite difficult to be found, most of new altcoins have bad quality. Although the new altcoins are quite popular and have big volumes, there is no guarantee to survive a long time. Moreover, the new altcoins are meme coins, it only have good prices during the hypes only. So, we must be very careful to choose new altcoins. Don't rely on the luck to get the profits through new altcoins but we must do deep research to know which altcoins deserve to invest in!!

Quote from: WatChe on August 28, 2023, 05:44:28 PM

The problem with crypto market is that its highly unregulated and there is no way you can certain that new coin is legitimate or not. You have to take risk of investing in new coin and it may or may not be profitable.

Crypto market will be never regulated, surely we invest in any coin with our own risk. Not only new altcoins, even there is no guarantee for profits to invest in old altcoins. Simply no way to ensure the profits in crypto investment.

Quote from: WatChe on August 28, 2023, 05:44:28 PM

As far as old alts are concerned, to me only top 20 alts on CMC are worthy for investment. You can DYOR on new coins but still there is no gurnatee of there future. I would say if you have to invest in alts then invest 20 to 30 percent of your capital in Alts rest should go for Bitcoins.

Yep. It will be more secure if we choose top altcoins. At least, top altcoins have a small chance to disappear because they already have big market caps and they have established projects. They are also listed on many top exchanges and have strong community. So, the possibility of survival will be better and the potential for growth is higher.

Alts are very much risky specially the new ones. I recently invested in Polygon (MATIC) when it was around 1 USD and there were news that it has innovative features and will surely go to 5$ or 20$ in long run. Today Polygon (MATIC) is down and trading at 0.56$ with very little chance of going up. Since new coins are popping up every now and then, so are investors investing in cheap new alt coins with intent of getting good profit with small investment.