Don't. It's just not worth it and I believe that we are going to end up with a lot of downside if we focus on this all the time, I believe we are not going to make a lot of money by just focusing on this, and I suggest that we stay away from it as much as we can, would allow us to have something that will get us better if we look at things that are already launched and proven.
Anything with a proven track record will be a great thing to do and we should consider how that could be a great return on investment as well. I get that it may not be all that complicated, but we are dealing with something that is getting bigger on the long run as well. Hopefully, people will stop investing into these newly launched, or even not launched yet stuff.
that's right considering the crypto market that continues to grow at this time, we have to learn first before starting to invest in it, but I think many investors are attracted to the potential for high profits when new projects are launched, the need for broader thinking about the benefits and risks obtained, especially new things certainly need consideration in that direction.
I agree with this, most of the new projects do not worth anything and we need to remember that most of the time it is not even that much profitable. If you invest into new stuff then it's like taking a lottery ticket, and there is a very low chance that you will hit it right, and not like it pays like a lottery neither so you are taking excess risk for not enough reward neither.
When you are doing something like that, its normal for people to tell you not to do it, because high risk and low reward doesn't make sense. You are looking at something that "may" do 100x, and that's the entire aim and goal of it, and yet the odds of finding something that will do that is lower than 1%, which means that risk and reward ratio isn't as good.