Advice from a stranger - page 14. | Bitcointalksearch.org

cloudfir3e

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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

I myself do not agree with this statement which is still not necessarily true.

the new project does not yet have certainty about what will happen in the future because it is still in the process of developing and marketing the project.
when compared to old altcoins that already have clear value, new projects still have a very small or even uncertain possibility of being able to get a better profit.

robattfield

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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.

I think the problem raised here is not clear enough to give specific advice. Because I see in this market there are many things like the OP asked the problem and vice versa, new or old projects are not how I search but based on criteria such as the ability they solve to find opportunities. festival. And going deeper, you will look at the market potential that the product brings, and of course, the factors surrounding the fundamental analysis of the project cannot be omitted, as well as looking at the market condition. How it worked, whether ongoing issues could provide opportunities for participants. So, always look at problems from different perspectives, both positive and negative, and balance the benefits and risks that they create.

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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.

Partly yes. If the project is really good and has potential, then youll take advantage of being the early bird investor on that. But there are lots of projects that didnt survive because there is no product and use cases, even they got a new project they still failed to deliver and ending up losing investors fund.

But you cant go wrong on old projects that are just experiencing a mild bear scheme since we are on the consolidation phase. Still worth to invest if you find its price more appealing now.

TastyChillySauce00

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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?

No, it's not true. It's better if you are investing your money in gold for the to make it stable. How come you didn't even aware if the volatile market like altcoins are very profitable if you can manage it so well. Altcoins have been dumping to the bottom. You can only speculate once it recover and it can give you huge return. The risk is also very high as well as the profit.

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.

I would like to call that not an easy task to be done by someone new in the crypto. Old altcoins have big mcap while the new altcoins have low marketcap and the chance to growth for the new altcoins are still big.

Tamedbeast

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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.

Topic: Advice from a stranger - page 14. (Read 2834 times)