Post
Topic
Board Altcoin Discussion
Re: should i invest in new project?
by
Belarge
on 27/01/2024, 20:56:20 UTC
Op i can say the project you mentioned, was shitcoin without checking. Even i doubt it already dead Cause it is clear that authority wanted to launched hat project for take advantage of valiatine only. This project doesn't have any solid reason why investors should invest. I won't say never invest in new project but always check them proper before any step. Development teams, their social accounts, communities, their reviews, their goal, verify their partnership and there are lots of fundamental thing what should you analysis. And when you are applied to losing money then don't include yourself with such new projects specially when its a memecoin
Information is money in the market, getting an appropriate information regarding the project and picking excellent choice to ensure we're able to secure our spot. Memecoins are the coins needed to bagged and these coins do pump and dump in a short while because they're consider as hyped projects. Along the line, we should be extremely careful not to pick the wrong projects, because their dump do actually our portfolio based on trading volume and gigantic pieces bought. New projects are everywhere, we should be able to grab golden entries from these new projects.