Topic: Are new altcoins being too risky? Current market trend (Read 1972 times)
As the years go by, we see more and more risky altcoins. At first, we thought the altcoins you mentioned were too risky. Now there are even riskier ones, especially the memecoins, which are the riskiest of all.
After I studied several relatively new altcoins, I to the conclusion that most of the new altcoins have a very large risk when compared to altcoins that have been in the crypto market for a long time, perhaps this is influenced by the community and popularity of the altcoin, even though the old altcoin is growing slowly. but it won't fall too deep, it's different with new altcoins, most of them fall because they can't follow erratic market movements, especially like the current market situation.
It's all about the development of and features of the altcoin, some of the altcoins are cheap at the start but after ma couple of months or years the price are going up but this will still depend if it has potential like Ethereum. And right now, even though there are new altcoins we still need to research before we put our money into it.
Investing in BTC or altcoin is risky and you don't know when the market will go up or down, and that's why knowledge and experience are a must before you jump into the cryptocurrency world.
The team effort also responsible for the growth of the coin price,the marketing strategy followed by the team was important one for the growth of coin or token in the market.The Ethereum price had reached the value of 3k dollars,this was the good news for the Ethereum investors.The traders who choose the potential coin to inverse money will get return from the investment after some period of time.If you want to inverse in the new altcoin project,better to check the background of the project for the safety of your money.
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
Not all the new altcoin are risky one,because even a Ethereum was launched as new coin and ruling the altcoin market.So if the project is really a potential one,it will shine in the market for the longer period then expected duration.Even the Ethereum core team doesn’t think,the Ethereum will shine like this at the initial phase.Some project does work for the short term duration by generating capital and fly with the small bag of profit.If the project ready to shine for the longer period,it should be loyal to their investors and supporters in the market.
It's all about the development of and features of the altcoin, some of the altcoins are cheap at the start but after a couple of months or years the price are going up but this will still depend if it has potential like Ethereum. And right now, even though there are new altcoins we still need to research before we put our money into it.
Investing in BTC or altcoin is risky and you don't know when the market will go up or down, and that's why knowledge and experience are a must before you jump into the cryptocurrency world.
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
Not all the new altcoin are risky one,because even a Ethereum was launched as new coin and ruling the altcoin market.So if the project is really a potential one,it will shine in the market for the longer period then expected duration.Even the Ethereum core team doesn’t think,the Ethereum will shine like this at the initial phase.Some project does work for the short term duration by generating capital and fly with the small bag of profit.If the project ready to shine for the longer period,it should be loyal to their investors and supporters in the market.
I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies.
Please share your opinion.
Well i agree on that i also see how the new altcoins drops, very disappointed on some new coins because after being launch in the market it really drop down i dont know if i am the only one experiencing this bad experience so for now o was only looking on some old altcoins that experience dip and invest into it and hold even in a long terms it is better to hold for a long term than losing funds in a minute by investing new coins. Please share your opinion.
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.
The roadmap will give us the additional information about the project,in most of the announcements thread the trader can use the roadmap section to know more about the project in detail.Because the roadmap had the original owner detail and the every quarter plan of the particular year.Even you can check the owner profile in the social media to know the real project or not.Investing at the right time was the good way of trading to get good win from the trading of the project.The listed exchange also play the huge role in the liquidity of that particular project.
I think so, new altcoins have a very high level of risk, therefore before starting to invest relatively new altcoins, it would be a good idea for you to do an in-depth analysis of the altcoin, so that there are no big losses in the future,
I think all altcoins are not free from risks, whether they are new or altcoins that have been in the crypto market for a long time, but by conducting in-depth research and analysis, these risks can be minimized properly.
Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.
The roadmap will give us the additional information about the project,in most of the announcements thread the trader can use the roadmap section to know more about the project in detail.Because the roadmap had the original owner detail and the every quarter plan of the particular year.Even you can check the owner profile in the social media to know the real project or not.Investing at the right time was the good way of trading to get good win from the trading of the project.The listed exchange also play the huge role in the liquidity of that particular project.
When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens
Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.
When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens
But the thing is how do we distinguish if the development team are legit or just a dummy ?We have seen those scammers that uses names or even faces just to pretend they are a
legit and good project knowing that not everyone in this space have that deep knowledge
how to dig them all.
When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens
Many traders skip the background verification of the owner profile before investing their real money.The money will be hard earned one by the traders.So it doesn’t take huge time,only 2-3 hours for complete check of the background verification of the project.If the social media account of the owner was real,the trader can choose that altcoin.The important one is the new altcoin will take more time compared to the old potential altcoin.So the crypto traders should have the more patience in the cryptocurrency trading.
When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens
I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies.
Please share your opinion.
When we want to invest in an altcoin we tend to be more careful in observing the movement of new altcoins and also old altcoins. We can all see that many new projects are emerging that are gaining popularity even though they are new coins. If you want to invest in altcoins, it's better to go to the top altcoins where we can observe the risks that will occur if the altcoin goes down. Please share your opinion.
Quote from: Sophokles
It depends on which altcoin you are talking about. If you are talking about any meme project then it will always have risks. The altcoin market is very big and it has more than 10,000 tokens listed on popular price aggregator platforms. It is not possible to know about all the projects, so new altcoins are being made every day, and very few get community attention. It will be safe to stay with the most popular and those new projects that created hype in the market. Even pepe like meme project got listed in top exchange after the hype.
Memecoins project has a high risk, which many people are aware but you need to apply wisdom before you can gain to recover your money back from the memecoins project, because they can disappear at anytime without a single notice for their customers.But if you belong to top altcoins, there are risk too but there is a hope that you are going to earn big money from the altcoin investment, if you can hodl the top altcoins for a long period of years before you can trade to accumulate profits because they use to pump along side with BTC.
Many customers has made a big profit from ETH and PEPE few months ago, which they are still planning to increase their money to buy ETH and PEPE and hodl till another bull run will occur before they can sell to earn profits again.
Agreed with your classification of Altcoins which has risk and high risk but pepe at the end of the day is still a memecoin and that's what makes me think we can never think of investing into Altcoin, I have seen people losing it all at a blink of an eye. I think we have a fair point that we need to think twice investing into memecoin and other risky coins.
Quote from: Sophokles
It depends on which altcoin you are talking about. If you are talking about any meme project then it will always have risks. The altcoin market is very big and it has more than 10,000 tokens listed on popular price aggregator platforms. It is not possible to know about all the projects, so new altcoins are being made every day, and very few get community attention. It will be safe to stay with the most popular and those new projects that created hype in the market. Even pepe like meme project got listed in top exchange after the hype.
Memecoins project has a high risk, which many people are aware but you need to apply wisdom before you can gain to recover your money back from the memecoins project, because they can disappear at anytime without a single notice for their customers.But if you belong to top altcoins, there are risk too but there is a hope that you are going to earn big money from the altcoin investment, if you can hodl the top altcoins for a long period of years before you can trade to accumulate profits because they use to pump along side with BTC.
Many customers has made a big profit from ETH and PEPE few months ago, which they are still planning to increase their money to buy ETH and PEPE and hodl till another bull run will occur before they can sell to earn profits again.
Old coins that have a good record then that is a better choice and less risky like how i have invested in my coins in folio , but about testimony ?
what is this a health forum?
don't believe in stupid testimony because only scammers do that, legit brand need not to talk alot instead let the investors dig for what they can give.
Exactly. The old coins with good stats are the best option for our investment. Even if it doesn't mean to have no risks at all, but it must be less risky than the new coins or meme coins. I don't know your portfolio, but I guess you mean you have invested in old coins with clear fundamentals. You also must prefer to choose the old coins that become the favorite of most investors. I guess most of your portfolio should be top coins. Is it correct?what is this a health forum?
don't believe in stupid testimony because only scammers do that, legit brand need not to talk alot instead let the investors dig for what they can give.By the way, what testimony do you mean? TBH, I never believe in the testimony. It should be rather subjective and difficult to trust. Moreover, when the testimony is made by random people. How we believe them?
correct in this mate because we must not let our funds in long term for altcoins unless we are putting this in Ethereum or Solana .
Ethereum will be always recommended for investment. But I'm not really sure with Solana for the long term holding. Even if its popularity is rising significantly now, there is no guarantee this can continue in the next few years. I suggest to be more realistic to invest in the coins that become easily popular nowadays.All investment are risky. Just like your can give little trust to the old altcoins we can as wear give those trust to most of the altcoins that are available now. I have heard testimonies for the new altcoins like BOME and some other altcoins. So yes, its nice we give them a chance. When talking about risk, whether previous or recent their risk in investing in most altcoin while few altcoins are legit and capable to give sweet gains.
Old coins that have a good record then that is a better choice and less risky like how i have invested in my coins in folio , but about testimony ?what is this a health forum?
don't believe in stupid testimony because only scammers do that, legit brand need not to talk alot instead let the investors dig for what they can give.Quote
My intention for investing in altcoin is for the short term so my risk involves how long i am willing to hold the altcoin i had bought. If it is for 3 months then its not risky anything exceeding a year then its a risk.
correct in this mate because we must not let our funds in long term for altcoins unless we are putting this in Ethereum or Solana . Jump to: