Post
Topic
Board Speculation (Altcoins)
Re: Are new altcoins being too risky? Current market trend
by
JeffBrad12
on 14/02/2024, 00:43:53 UTC
No, if you choose a good altcoin in your portfolio. It will definitely give you good profit.
There are many new projects that list their coins on binance such as calestia, zetachain. These projects are good for investment they have good strategic partners and already listed on all good exchanges. You can buy them in small parts.
most of the new altcoins nowadays are having a good time, such coin you mentioned as an example, celestia literally climbing up about 10x meanwhile zeta chain climbs up from listing price right off the bat.
i think the risk of investing in altcoin these days specifically at the season of bullish run isn't that high, so many coins are increasing instead of dumping.
though if we invest now we are already too late I guess, since they've been increasing so hard.
but certainly there are more and more upcoming token waiting to be invested, just find the ones that get invested heavily by binance labs and you are settled if you somehow encounter opportunity to buy it at very low because that kind of opportunity usually occur at the time of the first listing.