Post
Topic
Board Speculation (Altcoins)
Re: Existing/established altcoins or new ones?
by
atookz
on 07/04/2024, 18:26:58 UTC
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.

New coins may be able to generate higher profits, but every time I try to trade some new coins I never get good profits. Maybe I'm unlucky and less skilled at analyzing new coins, so I trade more often in established coins. When trading in established coins, I always get maximum profits, and in my opinion it will be safer and far from potential scams. I mostly use coins like ETH, BNB , SOL and XRP. Maybe the coin's price jump is not as surprising as the new coin, but I think this coin is very promising. So I don't want to take a big risk on a new coin.