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Topic: Advice from a stranger - page 3. (Read 2837 times)

sr. member
Activity: 1638
Merit: 255
September 04, 2022, 04:50:29 PM
If you wanted to try investing in a new project, which is considered very risky because of the possibility of scams or project failure, you should only invest the amount that you can afford to lose.  I would not suggest you not invest in them because it is true that there are new projects that enable their early investors to profit thousands of dollars from a mere 1 to 2-dollar investments. And you should do our own research and not just listen to the hype of anyone regarding the new project.

I'm always worried about newbies who they lack knowledge and inexperience, sometimes they are easily influenced by influencers who promote
new projects. Even though as you said investing in new projects the risk is very high, which we can see for ourselves the fact that in the market
there are more new projects that end up as scams. But it's different for people who are experienced in the crypto world, at least they understand
how to choose potential projects and understand that investing in new projects is high risk, so they can minimize risk by investing using money
that they can afford to lose. The most important thing is to be careful with other people's opinions, because what other people say is not
necessarily true, so we still have to make decisions based on the results of our own research and analysis. Sometimes other people will only argue
and promote projects that can benefit themselves, so don't trust too much with what other people are promoting.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
August 27, 2022, 06:51:33 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.
That's a tough question, it could be right and it could be wrong, I think the person who told you understands more about the Altcoins he invests in, if I may know what kind of new coins he invests.

Maybe at the moment I don't expect new coins, I'm more confident in investing in Bitcoin, I feel comfortable doing so.

If we could answer this question, we probably wouldn't argue here, we've become rich and are on vacation to some beach. Whether it's a new project or an old project, there are risks, there are projects that will succeed and there are projects that will fail. Our job of finding it to invest in, it depends on each person's knowledge. If you are not knowledgeable, investing in bitcoin and top coins will reduce your risk.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
September 04, 2022, 04:28:18 PM
If you wanted to try investing in a new project, which is considered very risky because of the possibility of scams or project failure, you should only invest the amount that you can afford to lose.  I would not suggest you not invest in them because it is true that there are new projects that enable their early investors to profit thousands of dollars from a mere 1 to 2-dollar investments. And you should do our own research and not just listen to the hype of anyone regarding the new project.
hero member
Activity: 2996
Merit: 609
September 04, 2022, 01:24:51 PM
Nowadays Many people are looking for new opportunities offered by the cryptocurrency industry, they are talking about new projects that are very good for investment and will be able to get a lot of profit,
but not many know the project is good or not, I trust the old one more especially Bitcoin, because I believe the older one is more experienced which is good for Investment

Maybe it is time to trust new projects again? We've been here in this industry for quite too long and I am sure we all know how to choose what project we are going to invest with. People know how to invest now and how to lose as well. my advice to new people in the industry, do not be afraid to take the chance or take a risk, if you lose it is a charge to experience if you win and then that's good your investment will prosper.
I think your advice is dangerous, especially for beginners. In general, other people's advice should be treated with extreme caution and not taken as a mandatory recommendation for action. Investing in this industry has always been like playing the lottery: lucky or unlucky. When there were few projects, the chances of making money were high, but now there are a lot of projects, new ones appear, and in all this variety only a few projects will turn out to be profitable. Everything else is a sure loss. And the risks here are really high, because even experienced investors find it difficult to determine the prospects and future of the project, despite the fact that you say otherwise.
This is the main thing that we should look upon when we do make out investment  specially when we are still a noob on which not all advices came from experienced ones would be totally that precise nor
relevant most of the time and some of them on which arent really that recommendable to do so but its always been suggestable that you should really know on how to make up decisions basing up on what  you had read up whether it would be worth on following it or would be tending to find another suggestions which do suits up your interest or something that convinces you on doing so.

Whenever we do make out investment then it would always falls down into your own decisions because you cant really just easily follow on what others been saying.
You do have the full rights on where you do put your funds on.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
September 04, 2022, 01:06:04 PM
Nowadays Many people are looking for new opportunities offered by the cryptocurrency industry, they are talking about new projects that are very good for investment and will be able to get a lot of profit,
but not many know the project is good or not, I trust the old one more especially Bitcoin, because I believe the older one is more experienced which is good for Investment

Maybe it is time to trust new projects again? We've been here in this industry for quite too long and I am sure we all know how to choose what project we are going to invest with. People know how to invest now and how to lose as well. my advice to new people in the industry, do not be afraid to take the chance or take a risk, if you lose it is a charge to experience if you win and then that's good your investment will prosper.
I think your advice is dangerous, especially for beginners. In general, other people's advice should be treated with extreme caution and not taken as a mandatory recommendation for action. Investing in this industry has always been like playing the lottery: lucky or unlucky. When there were few projects, the chances of making money were high, but now there are a lot of projects, new ones appear, and in all this variety only a few projects will turn out to be profitable. Everything else is a sure loss. And the risks here are really high, because even experienced investors find it difficult to determine the prospects and future of the project, despite the fact that you say otherwise.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 03, 2022, 02:58:31 PM
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.
It was possible in pre-2017 when ICO and other crowdfunding type event is still new and fresh to the community so they want to bring something new hence some of the projects back in that day had a blast and if you had an investment in early days, you could make quite decent amount when those coins enter the exchange from solely just investing on ICO. That thing was really hype.

But to be honest, today is just the same everyday. Every new projects just an exit-scam type bullshit with recycled ideas and only few projects could even survive until this day even though the price is horrible. It's difficult.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 03, 2022, 01:26:14 PM
I think now everyone chooses their own way of investing. Who sees success in altcoins, someone in something else. But I can say for sure that the crypto industry is now developing and brings great profits to those who understand it. So, who wants to make big profits from crypto investments. Start exploring the cryptocurrency market and explore the possibilities of your earnings.

Precisely, if you want to gain success, you need to explore and find the best way to earn from this market, it won't happen that quick but the potential is big if you really wanted to succeed, there are many people who manage to enjoy this venue as their investment business, some go with short-term while others are doing the long-term hold. Whatever you choose, it's best that you are fully aware of the business. It will be easier for you to sort the asset if you understand how the market moves.


sr. member
Activity: 1274
Merit: 259
September 03, 2022, 09:53:18 AM
Nowadays Many people are looking for new opportunities offered by the cryptocurrency industry, they are talking about new projects that are very good for investment and will be able to get a lot of profit,
but not many know the project is good or not, I trust the old one more especially Bitcoin, because I believe the older one is more experienced which is good for Investment
member
Activity: 546
Merit: 78
September 03, 2022, 09:48:25 AM
Is it true that new altcoins are the best to invest in right now?
Investing in any project is done by looking at its merits, benefits, team, usage, and market cap not by seeing whether the project is new or old. BNB and Eth is still good project and in this bearish trend, it will be better to invest in these two projects because we know that the chances of loss are negligible. It is difficult to invest in any new project. After all, the chances of risk are high, However, if there are projects like BNB and Eth then why would anyone take the risk of investing in a new altcoin?
jr. member
Activity: 1876
Merit: 5
September 03, 2022, 05:30:53 AM
I think now everyone chooses their own way of investing. Who sees success in altcoins, someone in something else. But I can say for sure that the crypto industry is now developing and brings great profits to those who understand it. So, who wants to make big profits from crypto investments. Start exploring the cryptocurrency market and explore the possibilities of your earnings.
full member
Activity: 1050
Merit: 110
August 12, 2022, 06:47:15 PM
Those with experience always take advantage of new altcoins or early public sales because the profits are so high. Usually when released in the market they can reach x2 or even more. It's just that when the market is negative like now it rarely happens, the risk is even greater than the old altcoins.
.There are a lot of good advices we get from strangers and sometime we don't realize them in our life at that point but we do later.
And most of the time - those advices are not life saving as well. So better listen to everyone but do what suits you the best.
member
Activity: 569
Merit: 18
Goldeth.io
August 30, 2022, 03:36:08 PM
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.

It's not as easy as it sounds, because new altcoins require a lot of things to be done and completed so that they can reach the target. and not a few of the new altcoins that have been lost in circulation. there may be some new altcoins that are able to reach high points and be successful in the exchange market, but it all goes through many processes and stages. so it is better to invest in old altcoins than new altcoins because old altcoins already have trust and investors thus have high volume in every exchange market.
full member
Activity: 1330
Merit: 100
C O M B O
August 27, 2022, 01:08:23 PM
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.
investing in new projects can be said to be a good thing and can be said to be a bad thing,
it depends on how well you analyze the new project,I have a recommendation for a good new project that might develop in the bull market later,
yep, that is DOKDO, you can buy DKD tokens in Bibox or Xeggex
sr. member
Activity: 1582
Merit: 279
Vave.com - Crypto Casino
August 12, 2022, 06:42:40 AM
That's right, many investors get huge profits in investing in new altcoins, but for now it is too much to invest in new altcoins due to unstable market conditions and the price of bitcoin is declining, so wait until the value of bitcoin returns and at this time you are looking for a new project that can roughly benefit you.
jr. member
Activity: 1876
Merit: 5
August 27, 2022, 07:18:04 AM
My personal opinion will be different. I always rely only on my own experience, which has only pleased me for a long time. I only invest in old coins with great pleasure, which at the moment bring me profit. In the meantime, I'm looking at new projects and studying their roadmap in order to get a return on investment.
full member
Activity: 1088
Merit: 102
August 17, 2022, 04:27:12 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.
That's a tough question, it could be right and it could be wrong, I think the person who told you understands more about the Altcoins he invests in, if I may know what kind of new coins he invests.

Maybe at the moment I don't expect new coins, I'm more confident in investing in Bitcoin, I feel comfortable doing so.
sr. member
Activity: 1638
Merit: 251
August 17, 2022, 04:19:15 AM
New altcoins huh ? There are some people creating many new altcoins to scam others in cryptocurrency.
Investing in new altcoin is too risky if we don't careful, the required amount of research and due diligence is very time consuming.
new project is not always success in the future, probably only few of them.
sr. member
Activity: 1890
Merit: 252
August 13, 2022, 05:54:51 AM
That's right, many investors get huge profits in investing in new altcoins, but for now it is too much to invest in new altcoins due to unstable market conditions and the price of bitcoin is declining, so wait until the value of bitcoin returns and at this time you are looking for a new project that can roughly benefit you.
new altcoin be new trend in previous bullish trend , alot new projects especially meme coins pumped  hardly more than 10x only in near time. since doge and shiba price pumped hard, meme coins be place to speculate investors' money. but today prefer play safe to invest in top major coins only , maybe fomo on previous altcoin season will not happen anymore since price dumped following bitcoin price.
With the current conditions I think it is better to play it safe by investing in the top coins,
investing in meme coins is too risky and it's not a wise choice if investing in meme coins at this point,
but after all, everyone has their own decision
sr. member
Activity: 1344
Merit: 335
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August 13, 2022, 05:22:26 AM
That's right, many investors get huge profits in investing in new altcoins, but for now it is too much to invest in new altcoins due to unstable market conditions and the price of bitcoin is declining, so wait until the value of bitcoin returns and at this time you are looking for a new project that can roughly benefit you.
new altcoin be new trend in previous bullish trend , alot new projects especially meme coins pumped  hardly more than 10x only in near time. since doge and shiba price pumped hard, meme coins be place to speculate investors' money. but today prefer play safe to invest in top major coins only , maybe fomo on previous altcoin season will not happen anymore since price dumped following bitcoin price.
copper member
Activity: 125
Merit: 3
August 13, 2022, 04:42:54 AM

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

Cryptocurrency industry actively developing offering more opportunities for people.
Many people are looking for new projects to evaluate the opportunities they offer.

A lot depends how useful is the project and what it offers.
Cryptocurrency industry is actively developing offering more opportunities for people and allowing them to earn more money.
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