Quote from: Juse14 on April 21, 2024, 08:37:25 PM

Quote from: legendbtc on April 21, 2024, 03:50:27 AM

Quote from: Juse14 on April 20, 2024, 09:07:45 PM

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But there is nothing wrong with them investing in those new coins. They can invest anywhere they want as long as they know what they are doing with their money, if they are willing to take bigger risks for bigger rewards then they can try with altcoins .
A lot of shitcoins exist in the market but that doesn't mean all altcoins are shitcoins. If many years ago, those who were willing to accept risks and invest in ETH, BNB or Sol, now they will have huge profits that many people dream of. Recently, in 2023, I also invested in Pepe and the profit it brought me was x7 compared to my initial capital. I don't think it's a bad investment.

There is nothing wrong with this, because the risks faced are proportional to what is gained. However, for the sake of caution, and to avoid significant losses, investing in projects that have a strong foundation is the right choice. But as you said, this all comes back to a person's readiness to take risks, and a person's understanding in choosing where to invest. and it should be noted that the crypto market has a fairly high risk of experiencing losses, where many alcoins do not have long-term value. Investing in new coins can indeed provide an opportunity to make big profits, as you said. However, before we decide to buy coins, it is quite important for us to do more in-depth research first, and only use money that we are ready to lose.

Yes, as long as someone can perceive the risk and is willing to take the risk then they can invest. It cannot be denied that bitcoin is the safest currency and worth investing in in the long term, but we should not be too stubborn and ignore bigger opportunities. Bitcoin will no longer be able to bring x10, x100 or x1000 profits if we invest from now on. But with altcoins, this is possible and if someone is smart enough and confident in themselves, then why ignore such an opportunity when the bull season is approaching? Don't impose your thoughts on anyone.