Guys i am a trader but i never invested in the new projects but i know some guys who perform trading on newly projects and take a good profit from it so i am decided to do that as well so i found a project called Minerpepe and its offers mining through the smart contract i have checked the dapp their pools are not live but when i connect my wallet nothing is stolen so its look safe and when i dig more i found out their fairlaunch on pinksale is coming in next 24 hours and after the launch their pools got live i have witnessed a projects who offers good rewards through mining pool for the early birds so what you guys think participating in the initial sale of a token is safe or not?
Website link given below
Website:
https://minerpepe.com/Investing in new projects is one of the fastest way of making a killing in cryptocurrency because for most projects, that is the lowest price the token will get to except some that dumps immediately they are listed only to rise later after some marketing and intervention by the team. Investing in new project is an 80/20 risk to reward decision. You have 80% chance of losing your money and 20% chance of making profits from that investment. I say this from the statistics on ground that says that over 80% of new projects fails even after being listed in exchange. Accepting this realities about new project investing is very important because it will help the investor in risk management, knowing that chances of failure is higher.
However, the 20% chance of making profits in new projects can general several multiples of the invested capital as profits. In other words, you don't need to get all your investment right, just one or two projects can put you in overall profits despite the losses in 80% of your invested projects. This is what is make investment in new projects good.