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Topic: Advice from a stranger - page 5. (Read 2769 times)

sr. member
Activity: 700
Merit: 250
Leading Crypto Sports Betting & Casino Platform
August 08, 2022, 09:41:16 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
No, look at the current state of the market. Potential projects have also dropped a lot from the most recent ATH, so we can't say they're overvalued. The search for new projects is for the prospect of high returns but also don't forget that the projects are untested and very high risk unlike the old ones. Although the old project has had significant growth but has proven to be good and potential.
copper member
Activity: 60
Merit: 0
August 08, 2022, 09:25:48 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 continue to develop during the fall of the market. During the fall of the market new cryptocurrency projects appear and it is very important to evaluate their potential to have more profit from investment.

Many people are waiting till the rise of the market. Cryptocurrency market gives a lot of opportunities to earn money and many people use such opportunities.
legendary
Activity: 2436
Merit: 1008
August 07, 2022, 07:59:34 PM
Not wrong to take advice and suggestions from a stranger. But the question is, will you just follow that advice without thinking?

We all have that mindset to determine whether advice or suggestions is good or not. Try to analyze first before following.

It's still good to have a proper analysis first before the following advice. Going easily on that advice is a suicide plan if you don't know what you are doing.
full member
Activity: 910
Merit: 100
August 07, 2022, 02:18:30 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.
that's a bad idea, because if you want to invest in a new project of course we will never know the profit or not,
because many new projects the price always drops, you can check it on coinmarketcap,
yes 80% of new projects will experience that, and 20% maybe you can get more profit,
my advice is to just avoid new projects, and invest in projects with strong fundamentals, because it's safer
jr. member
Activity: 94
Merit: 1
August 07, 2022, 05:15:36 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

Now it is hard to say when it will be rise of the market and how long it will continue.
The economic situation in the world does not change and many people do not have enough money for investment.

Cryptocurrency industry continue to develop during the fall of the market. During the fall of the market new cryptocurrency projects appear and it is very important to evaluate their potential to have more profit from investment.
full member
Activity: 1050
Merit: 109
August 06, 2022, 09:55:01 PM

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

Many people earn money on the rise of the cryptocurrency market but it is hard to say how long will be the rise of the market.
Rise of the market attracts a lot attention and it is a good opportunity to earn money.

Now it is hard to say when it will be rise of the market and how long it will continue.
The economic situation in the world does not change and many people do not have enough money for investment.
In our country interest rate increased to 33% and people don't have much facilities to meet their needs.
Inflation is at the highest - and this financial stress is killing everyone - street crime is at the hike. and people are frustrated.
jr. member
Activity: 153
Merit: 1
August 06, 2022, 07:12:33 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

Many people earn money on the rise of the cryptocurrency market but it is hard to say how long will be the rise of the market.
Rise of the market attracts a lot attention and it is a good opportunity to earn money.

Now it is hard to say when it will be rise of the market and how long it will continue.
The economic situation in the world does not change and many people do not have enough money for investment.
jr. member
Activity: 1876
Merit: 5
August 05, 2022, 08:52:05 AM
Personally, I can say that investing is a very profitable business to get an excellent income. And investing in old or new altcoins is the choice of everyone. So that someone would give some advice, this will not happen and no one knows what altcoins will be in demand and grow in price. So my advice would be to study the market and invest in the altcoins you see fit.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
August 05, 2022, 08:05:53 AM

If you are investing in a new project, only put in what you are willing to lose and make sure that the team is doxxed and any contracts are audited. Some projects I am looking to invest in are SUI and MAXX Finance and Lamina1. MAXX finance will also have a free claim if you hold MATIC for example.

Right! you need to make sure that the amount that you are staking or risking is the amount that you are willing to let go in case the project didn't give you a good return, or worse, scam out and runaway with investors' money. If you know how to sort those available new projects, it's good to look for passive or additional passive benefits.

I don't know those assets yet, but if you see that good potential, better take the opportunities.
jr. member
Activity: 840
Merit: 6
August 05, 2022, 07:14:02 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.
It depends on the project. The problem with older altcoins is that they have a lot of bagholders looking to exit for a profit. New projects pump easier but are more likely to be scams. One thing I do is invest in promising projects that are older but that haven't mooned yet, like ICP and 0xMR.
sr. member
Activity: 1701
Merit: 308
August 05, 2022, 02:44:51 AM
Actually, it is a very good idea to invest, if the current market situation is certainly not a good idea because it is very difficult for new altcoins to increase, if later the value of bitcoin can increase again then you can use this method because there are very many investors who have used this method and they can get very large profits.
copper member
Activity: 168
Merit: 0
August 05, 2022, 02:33:22 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

The opportunity to earn money attracts many people an this increase the interest to digital assets.
Opportunity to earn money makes cryptocurency more popular and attractive.

Many people earn money on the rise of the cryptocurrency market but it is hard to say how long will be the rise of the market.
Rise of the market attracts a lot attention and it is a good opportunity to earn money.
hero member
Activity: 2268
Merit: 581
August 04, 2022, 04:15:05 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.
This is why I don't like listening and believing to strangers because they can only lead you to dangers. Like for example the one that was said to you by a random person and I bet he also recommends you a specific coin for you to invest in. That was a common trick also known as shilling.

Those people are either devs of the coins they are promoting or they are being paid to do so and though it can be true that you can earn something if you got lucky that the new coin you invest in pump but most of the times they won't but you have more better chance to earn on a much older project as they have a history already and most importantly they have a unique characteristic which helps attract more investors.
copper member
Activity: 69
Merit: 0
August 04, 2022, 02:12:52 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

Now many people monitor the market to find new projects for investment and use their potential and earn more money on the cryptocurrency market.

The opportunity to earn money attracts many people an this increase the interest to digital assets.
Opportunity to earn money makes cryptocurency more popular and attractive.
member
Activity: 467
Merit: 61
August 03, 2022, 10:51:26 PM
I used to invest in a new altcoin and I made a big profit, but I also had a loss investing in a new altcoin, and my money was drained. So in my opinion, if you want to invest in new altcoins, you have to be careful and have to look at the newly launched altcoins whether the altcoins are quality or not. so basically we have to be smart in predicting new altcoins, and must know the news about the new altcoins being launched whether it's worth it for us to invest there or not.
sr. member
Activity: 1498
Merit: 323
August 03, 2022, 04:53:39 PM
Indeed, many people invest in new altcoins and they get big profits, but in my opinion it is okay to invest in new altcoins, but we must first know whether the altcoins to be launched are of quality or not. because in my opinion, if we invest in a new altcoin but the altcoin is not of good quality then the risk is that our money will be drained.
When a new altcoin is listed, usually the price will go up because of a lot of interest from traders in trading, but from some experience, over time the new altcoin begins to decline and it is not uncommon for the price to drop due to projects that are not running or developing, it is not wrong to invest or trade in new altcoins but first we have to analyze how potential that the altcoin is before buying, but in terms of short-term trading it might be better for us to invest in old altcoins because they already have great trust from traders and the crypto community.
fomo to new altcoin project coming when see this price rising, alot traders will thinking its a good project to hold meanhwhile on other side early investor star selling coins. We must do dilligence before buying new altcoin because its risky due there is no product released yet. Research on what coming important news that will released could help us from being rekt.
copper member
Activity: 1414
Merit: 253
Eloncoin.org - Mars, here we come!
August 03, 2022, 01:23:00 PM
Indeed, many people invest in new altcoins and they get big profits, but in my opinion it is okay to invest in new altcoins, but we must first know whether the altcoins to be launched are of quality or not. because in my opinion, if we invest in a new altcoin but the altcoin is not of good quality then the risk is that our money will be drained.
When a new altcoin is listed, usually the price will go up because of a lot of interest from traders in trading, but from some experience, over time the new altcoin begins to decline and it is not uncommon for the price to drop due to projects that are not running or developing, it is not wrong to invest or trade in new altcoins but first we have to analyze how potential that the altcoin is before buying, but in terms of short-term trading it might be better for us to invest in old altcoins because they already have great trust from traders and the crypto community.
if you want to trade new altcoins it will indeed be better for the short term. that's because the market for new projects is still not strong. price movements will still occur very quickly. even after investors' tokens are distributed for the first time, it will make the price fall very badly. Investors today, always want to get good results at the beginning of the opening of the trade. and when the price drops, they can come back at a lower price. This is something to be reckoned with for those who are about to trade a new altcoin.
sr. member
Activity: 1372
Merit: 275
August 03, 2022, 12:48:13 PM
Indeed, many people invest in new altcoins and they get big profits, but in my opinion it is okay to invest in new altcoins, but we must first know whether the altcoins to be launched are of quality or not. because in my opinion, if we invest in a new altcoin but the altcoin is not of good quality then the risk is that our money will be drained.
When a new altcoin is listed, usually the price will go up because of a lot of interest from traders in trading, but from some experience, over time the new altcoin begins to decline and it is not uncommon for the price to drop due to projects that are not running or developing, it is not wrong to invest or trade in new altcoins but first we have to analyze how potential that the altcoin is before buying, but in terms of short-term trading it might be better for us to invest in old altcoins because they already have great trust from traders and the crypto community.
member
Activity: 392
Merit: 31
August 03, 2022, 11:41:04 AM
Indeed, many people invest in new altcoins and they get big profits, but in my opinion it is okay to invest in new altcoins, but we must first know whether the altcoins to be launched are of quality or not. because in my opinion, if we invest in a new altcoin but the altcoin is not of good quality then the risk is that our money will be drained.
sr. member
Activity: 714
Merit: 277
August 03, 2022, 05:01:28 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.

- Whoever told you that, clearly does not have deep knowledge in the world of cryptocurrency. The things he mentioned to you are only bringing
  you closer to the high risk of your capital investment if there is any. Actually, it is safer and far from high risk if you invest in top listed altcoins
  or old coins. Because if you invest in new coin projects out of 100%, I think only 1% right now can be said to be legit. So you should be careful
  and think carefully before you decide to withdraw money.

Quote
The rise of the market is a good opportunity to earn money.
The adoption of cryptocurrency continues to grow and now many people are looking for new and prospective assets to earn money on the provided opportunities of the market.

- there is not only an opportunity when the market rises, even when the market falls there is also an opportunity for us to have a chance to earn
  in the future by buying altcoins whose price was high before and suddenly the value has fallen now. This means that buying a coin at a low
  price is a good chance for us to get a good profit in the future.

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