I'm feeling the pressure not to miss out on this bull run. I'm confident in my portfolio of solid coins, but I don't think they're quite cutting it. I want my investments to bring in serious wealth. I've heard about meme coins making people rich overnight, but I'm a bit wary of jumping into that arena. By the way, do you think older coins will see the biggest price surges compared to newer ones? What are your thoughts on this?
Old coins at the top have quite low risks compared to new coins which have very real risks such as gambling. When it comes to profits, it all depends on market support. Yes, new coins promise big profits, but yes, there is a big risk and you can lose all your money
This is true, old ones are at the top for a reason, people could doubt them as much as they want, but they are going to be doing better than the new ones. If people end up risking their money for a new one, then they are going to regret it, and they should not put that much risk for a return that is so doubtful.
Instead, invest into something that is not that risky, and surely won't give you a huge 10x return, but will make you a good return and you should be proud of that without anything else. That is just the way market works, and I believe that we are going to see people regret making a decision that is risky and put their money into new stuff, going with the trusted old ones will always make you a lot more money.
Their common sense is inferior to their emotions which assume they want to get rich quickly and instantly, so they seem to forget the security and risks in investing. They only think about big profits and are tempted by the offers of project developers. so they are willing to do various things to be able to buy a new coin or token that is being promoted at a cheap price and then promise to be listed on a large exchange with an opening price that is higher than the purchase price