Quote from: tvplus006 on April 12, 2024, 11:42:16 PM

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

...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.

We can definitely say that the potential of new altcoins is much higher than that of old coins. But at the same time, you should understand that where there is high profit, there are high risks of losing your deposit. Therefore, if you still decide to invest in new coins, then it is necessary to allocate a small part of the deposit for these purposes.

Yes that's exactly my point wherein the coin with high profit definitely comes with high risk and the problem nowadays are FOMO as we tend to invest in a particular coin just by looking at the market trend and pump in its price by skipping the strategy we have planned. It becomes difficult to be on our strategy when we see sudden surge in price of a particular coins. But yeah have a certain fund reserved for such high risk coins will be a better option.