Advice from a stranger - page 12. | Bitcointalksearch.org

fuer44

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

There are two possibilities if you intend to invest in a new altcoin:
-the first possibility you can get a value that is much higher than the value planned in the whitepaper or road map of the project due to several factors (the number of investors who have exceeded the hard cap, or the success of the coin after launching to the marketplace)

-The second possibility is the worst possibility, it could be that the value will be much lower because all targets are not met. and the worst possibility is that the token is not launched to the marketplace for some reason from the developer, some even disappear and cannot be contacted. if it is like that then your funds or assets are lost.

Yamifoud

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Perhaps, listening to stranger's advice isn't wrong and even following him. But you need to be careful and never easily trust them especially when it talks about investment and money as most of them are scammers and they target newbies. Never get fooled by someone saying "you can generate more profit from investing in new projects" as they are claiming their projects are good and profitable but in the end, they leave you in regrets. I think that was not the thing you wanted and that is why I encourage to be careful dealing this situation and to the strangers.

molsewid

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Yes you can make good profits and also you can lost too much as well. In my own personal opinion, I don't invest in a new one right now, not because I don't know how to spot a good one, the reason is I want to hodl it for a long time because some of the new project right cannot last for long. But it is up to your need and perspective. Try to find a new one but be careful, and do not put all eggs in one basket.

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

The first rule in the cryptocurrency world:
Never trust someone else, moreover a stranger

Second rule:
Only invest in the projects or crypto that you exactly know, not based on other people's suggestions, moreover new projects that you don't understand the future. that is gambling because you may get the profits but also may lose your money easily. In this case, high risk, high return, probably.

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Don't rely on what others say to you. You must do your own research and see for yourself which one can give you more profit based on your own study. You can use them as reference but never believe in them easily. New project can possibly give you more income but in the same way, it can also make you lose more money. New projects have higher risk than the existing and tested ones.

Saisher

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

How did you come out with that analysis there's a high risk in investing in new projects, there are inconsistencies, and many of them thrive on what's trending and are just here to make a quick profit, I've invested on hype and I almost got burned, I prefer investing in old coins they are stable in their development and they have proven their worth in the market.

Piesel

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values, what do you think? Good or bad idea.

Altcoins are unpredictable and that makes it hard to assume new projects because the new project will end up as shit coins if there is not a strong use case to support the project ecosystem. So if you see an old project with a lot of potential you can still invest in them and make good profits, it does not matter whether it is an old or new project what matters is the project whitepaper and what a real-life problem project is aimed at that guarantee success.

Hypnosis00

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Did someone say you? You can just follow what he said but you did also some research. As I always said that new the majority of these new projects are not reliable, no use-case, how could this project succeed and stay long-term? We'd rather invest in the old projects as we know already that they can be trusted and has a working product as this is one reason to feel safe and have some profit assurance when it pumps, unlike these new projects that most of them are scam. Don't get attached to "gaining more and more, doubling your money, and quick rich scheme" as it was just a trick.

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

The profits may be very high and promising enough, but this is fifty-fifty like gambling. Here we don't know if the investment will be exactly worthy or not, or will be falling to be a dead coin. Why? because a new project still doesn't know if the coin or token from the new project is able to rise up or not, able to be listed in the exchange, and has a high volume or not. If you have been usual trading this new coin and utilizing the right time to buy and sell, you may have the experience to do this. But if you are new to this, never try this because it is very high risk.

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Yes and No.

Yes, when you do hit the right one but considering on how many projects in the market then finding the potential new project wont really be an easy task or job.
No, because the number of fraud and scam projects in the market is really high and only few percent or ill say that 3-7% in overall could be considered to be relevant
and the rest are just purely copying cat to each other.

The end of the day you are the ones who do make out decisions whether you do invest on a particular project or not.So always depend on your choice basing on your analysis.

Shasha80

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Be a good idea for people who are experienced and can analyze well, because that person can find out which new altcoins are good for investment,
and they can know how to make profit from new altcoins. But it's a bad idea for newbies and people who don't understand how the crypto world works.
Because it will only make our money run out if we invest in new altcoins without knowing how to do research and analysis properly. Therefore,
many newbies are advised to focus on investing in old altcoins which do have a good track record, so the risk is lower and safer for investment.
Actually to get rich we don't need to look for new altcoins that can provide big profits. However, investing in old projects can also be rich, although it
may not provide as big a profit as new projects. But if we continue to accumulate every profit generated from old projects, in the end we can also be rich
and make a lot of money.

Angry_Kitty

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Quote from: fuguebtc on July 15, 2022, 10:59:49 AM

Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

New projects can bring huge profits even x1000, but to find it is not easy, I would say that it is almost impossible, finding the gem is like predicting the bitcoin price tomorrow. Secondly, if you invest in a new project that may have a 1000% return, you may also receive a 1000% risk return. So think carefully before deciding.
One more thing, you can ask the person who told you these things, did they make a lot of money from new projects or did they just hear from other people.

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

BIT-BENDER

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This is a fat lie, and as far as I know this is a wrong strategy that investors lose from while boosting the finances of the new project owners, many times this advice is giving out because most new projects are cheap, affordable and their is this expectation of buying it cheap and it would spike up and rack home good returns on investment for holders but if you go by peoples experiences on that you would see that’s not the case, because some of this coin got swung away into low prices or the projects turns up to be a scam.

Xal0lex

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

The idea is good, but it involves some risks. In my opinion, when investing in new tokens, it is important to consider the tokenomics of the project and look at who the investors in this project are, what funds are involved, and when these funds have a vesting schedule. This data will be a good signal for the future of this project. In itself, investing in new projects without any in-depth analysis of the project is just a guessing game and leads to the loss of funds.

erep

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It can be right and wrong, when the launchpad/IDO hype many projects increased significantly from the initial price but that era is over since the market crashed, my last review of the launchpad era has caused huge losses to investors, so I suggest you don't follow the advice of others without any knowledge of doing research on new projects, if you are interested in investing better options for BTC, ETH and BNB.

isaac_clarke22

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

~

Uh it is yes and no.
Yes for cheaper price, but no for obvious reasons that you might end up investing to a shitcoin which is waaaay common in the altcoin market.
I had some coins invested back in 2017 and they were dumped really bad and loss value just couple of months after the listing.

Jackl87

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

First of all i would never do what some people are telling you to do on the internet or anywhere else. If you think that an advice about an potentially interesting project sounds good then start your own research about it and decide for yourself if you want to invest or not. The advice that you received or have read is not a good one in my opinion. While it is true that an investment in new and upcoming projects can give you the biggest potential profit it is also true that the risk that you are losing all your money when you do that is very very high. Especially in a bear market like at the moment investing in new projects is extremely risky.

masulum

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hmph..

@Op People who say they will be more profitable in new altcoins are people who may have been lucky at that time to participate in the meme coin pump and make big profits. However, this is not the case with all new tokens. In any case the risk of new altcoins being higher. Most new tokens don't have a really prepared concept. they lafi with money People who say they will be more profitable in new altcoins are people who may have been lucky at that time to participate in the meme token, pump and make big profits. but in any case the risk of new altcoins being higher.

The Cryptovator

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Every action has a reaction. You may earn a lot from the new project if in case you can choose the right project. Otherwise, you may be lost everything in case you choose a scam or rug project. But if you choose an existing coin with high Liquidity, you might not lose at least all funds. Although you can't make a big profit from existing coins it's less risky. New coins high risky. Now you have to choose which is better for you.

jossiel

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Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Is it true that new altcoins are the best to invest in right now?

You will never go wrong with bitcoin.

Quote from: Tamedbeast on July 15, 2022, 01:11:35 AM

Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Well, if that's what he'd been doing and he's making it then he's good with it. But for those people like me, I'll choose the older ones because of their stability and what they've been through with the market.

There will always be the good new projects but you'll never know how long they'll stay in the market and how good the devs are at the beginning of it and that's why I choose old projects that are proven and tested.

Topic: Advice from a stranger - page 12. (Read 2834 times)