Quote from: jrrsparkles on April 05, 2024, 07:09:50 PM

Quote from: kentrolla on March 30, 2024, 06:39:49 PM

Will it be the existing altcoins or the new ones which will give more profits? I mean would you go with coins like SOL, INJ, ETH and BNB or some recent projects like JUP, BONK for upcoming bull run?

People usually prefer established coins due to stability and it's reputation, but ther are se of people who rather prefer new coins because the profit margins in new coins are higher than the established ones.

Which one would you prefer and please name the coins as well.

Literally new coins will give more profits than coins which is existing for years and the reason is obvious short term hype which makes it suitable for short term trading/investing. But how we are going to pick the coins cause there are hundreds of projects launched but only a few can end up giving profits so finding that project is based on luck than anything else which makes it as non reliable to be sure with our capital.

Agreed. The problem here is we cannot ride over luck as we are aware new coins have more potential to provide better profits but they have very thin chances of being successful as there are many projects dumped in the market everyday so even if it's a good project it would be difficult to handpick it that's the problem.