Quote from: Dunamisx on March 05, 2024, 03:23:05 PM

Quote from: AVE5 on March 03, 2024, 08:39:07 AM

AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?

The problem is that people were aware of the potential risk in making investment in any altcoin, but the need for money as profits on investment is what many keeps hunting after in looking out for any new project that they may believe in its potentials for rising fast and from there they make an investment that turns into loss on them, though its not something bad to take risk on investment as not everyone of them is loosing like that, some are still earing and making their profits but few investors.

I agree that taking risks is something we need to do during altcoin investment, we can't be always right but if we are in profit overall then we are doing a good job. I realize that it is not that easy of a decision to do something like this, and it would require a steel emotional endurance for people who can invest and see their investment go down, but if we can somehow endure it then we can make a profit as well.

I have seen people who make a lot of loss, and I have seen people who make a lot of profit as well, there is really no correct answer on this. Without testing out yourself, you will never know if you are one of those who made a profit, or if you are one of those who made a loss, so it is not an easy decision.