Pages:
Author

Topic: Are new altcoins being too risky? Current market trend - page 3. (Read 1972 times)

full member
Activity: 350
Merit: 157
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.

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.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
I agree with you that it's safer to invest into altcoins like ETH, BNB etc. But the question arises: why do people invest in other coins?
The major reason behind it is that whenever there is risk involved in something it can give rise to two possibilities. It will either give you some very good profits that will be unexpected and either it could make you lose everything. When people have extra bucks they invest into altcoins with high volatility then. Greediness is in our core as humans.
sr. member
Activity: 224
Merit: 195
Like I said earlier, how positive a person is yet not guarantee his outcome or increases his chances of winning. It doesn't matter how good we maybe even speculating, the market might decline and decide taking a U turn, just so unpredictable but at first stay positive and just wait for whatever outcome it maybe.
being positive is good when we are already reaching the bottom and accumulate exactly at that price point but I can't really be positive when we are reaching all time high there's always this feeling that the price will eventually having correction and go down again at some point, therefore being realistic is the best approach here, knowing that a bullrun just can't last forever instead there's always correction waiting for it just like the recent price correction

i'm sure people with level headed mind are already know that eventually they will see price correction thats why some people decides to dump but for people that are optimistic in which in this case can be considered to be a person with positive view of the market despite the price correction they definitely waiting for the price to break all time high again.

but realistically speaking, insight into technical aspect of the market also helps to be having realistic view of the market, knowing when we're already overbuying, etc really helps a lot in knowing what the market state currently is at.
The question we should ask ourselves is what were we doing when others were buying at a lower price, it's simple this people takes advantage of the whole system by purchasing enough during the buttom price with intentions to later on sell off after reaching their desired profits sending the market into deep correction. Yes, bull run can't last forever same with how the buttom price can't last forever, vice versa?

It also depends on what one is purchasing either Bitcoin or any worthy Altcoin, in terms of Bitcoin,  there is no such term as over buying as long we are purchasing from the DIP and during the accumulating process it does not affect our standard of living.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Like I said earlier, how positive a person is yet not guarantee his outcome or increases his chances of winning. It doesn't matter how good we maybe even speculating, the market might decline and decide taking a U turn, just so unpredictable but at first stay positive and just wait for whatever outcome it maybe.
being positive is good when we are already reaching the bottom and accumulate exactly at that price point but I can't really be positive when we are reaching all time high there's always this feeling that the price will eventually having correction and go down again at some point, therefore being realistic is the best approach here, knowing that a bullrun just can't last forever instead there's always correction waiting for it just like the recent price correction

i'm sure people with level headed mind are already know that eventually they will see price correction thats why some people decides to dump but for people that are optimistic in which in this case can be considered to be a person with positive view of the market despite the price correction they definitely waiting for the price to break all time high again.

but realistically speaking, insight into technical aspect of the market also helps to be having realistic view of the market, knowing when we're already overbuying, etc really helps a lot in knowing what the market state currently is at.
full member
Activity: 448
Merit: 130
Sometimes new coins invest are risky but not every new coin, you know some new coins already entered top 50 to 100 ranking in the market in too short time, how it's possible if their project is not potential or strong fundamental, currently so many new big projects in top ranking like ARB,SUI,ZETA,TIA.
In the current bullish season new coins can offer great returns, as always new coins take more risk to invest. New coins can enter the top 100 ranking by showing good performance for one to two months initially based on the current market price increase. However, in most cases, they cannot sustain for a long time. All the coins you mentioned are for investment, may perform in future. But for the future I always think the top coin in the market like Ethereum, BNB is the best option to invest.
hero member
Activity: 2688
Merit: 588
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.
Don’t simply say “once we get fortunate” because you don’t know if one will get fortunate. I like to tell people that whenever they are investing, they should assume they have lost their money so they can be at peace with themselves. As long as you have spare money to risk, it’s okay to try these new altcoins. Hope for the best but you must equally prepare for the worst.
I agree with you on that, however, I believe people who evaluate projects thoroughly before making investments can be on the safer side because if you are looking at almost everything that the project has including its website, whitepaper, team, roadmap, social media handles, and anything else, and then reach a conclusion whether it has got the potential or not and deserves an investment or not, then you are on the right track.

The mistake most people make when investing in altcoins is they don't do much research, maybe out of laziness or what, but when you don't do that, you are basically gambling with your money because the market is highly saturated and you can never know which project is here to scam you.
sr. member
Activity: 224
Merit: 195
~~~
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.

Don’t simply say “once we get fortunate” because you don’t know if one will get fortunate. I like to tell people that whenever they are investing, they should assume they have lost their money so they can be at peace with themselves. As long as you have spare money to risk, it’s okay to try these new altcoins. Hope for the best but you must equally prepare for the worst.
I understand where you are heading towards but at times we have to speak a little more positive, being this positive may not change the outcome, either losing or gaining but deep down we have known it doesn't matter and all that would rely on just waiting patiently and see the yielded results. Investing spare money is also a good way out of the doom of losing the money invested.

It’s okay to be positive, but I rather prefer being realistic, especially when it comes to investments. Every investment is a risk, that’s the first thing I tell myself. I also remind myself the likelihood of it going south. It’s just a way of preparing your mind for what’s worst. But of course I keep my fingers crossed even while acknowledging the truth. “Don’t count your eggs before they hatch”, they say.
Like I said earlier, how positive a person is yet not guarantee his outcome or increases his chances of winning. It doesn't matter how good we maybe even speculating, the market might decline and decide taking a U turn, just so unpredictable but at first stay positive and just wait for whatever outcome it maybe.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
~~~
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.

Don’t simply say “once we get fortunate” because you don’t know if one will get fortunate. I like to tell people that whenever they are investing, they should assume they have lost their money so they can be at peace with themselves. As long as you have spare money to risk, it’s okay to try these new altcoins. Hope for the best but you must equally prepare for the worst.
I understand where you are heading towards but at times we have to speak a little more positive, being this positive may not change the outcome, either losing or gaining but deep down we have known it doesn't matter and all that would rely on just waiting patiently and see the yielded results. Investing spare money is also a good way out of the doom of losing the money invested.

It’s okay to be positive, but I rather prefer being realistic, especially when it comes to investments. Every investment is a risk, that’s the first thing I tell myself. I also remind myself the likelihood of it going south. It’s just a way of preparing your mind for what’s worst. But of course I keep my fingers crossed even while acknowledging the truth. “Don’t count your eggs before they hatch”, they say.
sr. member
Activity: 224
Merit: 195
New Altcoins are risky. Aside what happened with FTX and the rest, looking at the statistics of the number of Altcoins being created, you should know by default that bad eggs are getting into the picture and it’ll start getting hard to identify them. If you want to reduce the risk, invest in Altcoins that are know and have gained balance. But it doesn’t mean that you can’t risk it (if you have the money to) and try new Altcoins.
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.

Don’t simply say “once we get fortunate” because you don’t know if one will get fortunate. I like to tell people that whenever they are investing, they should assume they have lost their money so they can be at peace with themselves. As long as you have spare money to risk, it’s okay to try these new altcoins. Hope for the best but you must equally prepare for the worst.
I understand where you are heading towards but at times we have to speak a little more positive, being this positive may not change the outcome, either losing or gaining but deep down we have known it doesn't matter and all that would rely on just waiting patiently and see the yielded results. Investing spare money is also a good way out of the doom of losing the money invested.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
New Altcoins are risky. Aside what happened with FTX and the rest, looking at the statistics of the number of Altcoins being created, you should know by default that bad eggs are getting into the picture and it’ll start getting hard to identify them. If you want to reduce the risk, invest in Altcoins that are know and have gained balance. But it doesn’t mean that you can’t risk it (if you have the money to) and try new Altcoins.
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.

Don’t simply say “once we get fortunate” because you don’t know if one will get fortunate. I like to tell people that whenever they are investing, they should assume they have lost their money so they can be at peace with themselves. As long as you have spare money to risk, it’s okay to try these new altcoins. Hope for the best but you must equally prepare for the worst.
sr. member
Activity: 224
Merit: 195
New Altcoins are risky. Aside what happened with FTX and the rest, looking at the statistics of the number of Altcoins being created, you should know by default that bad eggs are getting into the picture and it’ll start getting hard to identify them. If you want to reduce the risk, invest in Altcoins that are know and have gained balance. But it doesn’t mean that you can’t risk it (if you have the money to) and try new Altcoins.
There are times when we need to break lose boundaries, investing mainly on top Altcoins is a good start but we also would love to consider investing on new Altcoins as well, since they portray the ability to give a successful and significant quick pump compared to the top Altcoins who does it's own price movement on a gradual process. It's risky but at most once we get fortunate it's worth the risk.
full member
Activity: 856
Merit: 111
Buzz App - Spin wheel, farm rewards
Sometimes new coins invest are risky but not every new coin, you know some new coins already entered top 50 to 100 ranking in the market in too short time, how it's possible if their project is not potential or strong fundamental, currently so many new big projects in top ranking like ARB,SUI,ZETA,TIA.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
New Altcoins are risky. Aside what happened with FTX and the rest, looking at the statistics of the number of Altcoins being created, you should know by default that bad eggs are getting into the picture and it’ll start getting hard to identify them. If you want to reduce the risk, invest in Altcoins that are know and have gained balance. But it doesn’t mean that you can’t risk it (if you have the money to) and try new Altcoins.
hero member
Activity: 2324
Merit: 513
Catalog Websites
Investments are always risky and it is not possible to predict in advance when to invest. 
I disagree, you can predict when you should invest because you have to do your own research for it. Don't say that it's impossible to predict when you should invest in advance because it is possible as long as you have money and idea when to do it.

However, there is a lot of hype in Memecoins right now so this hype can end anytime.  So before investing in all these coins you must research and study the coins well and then invest.  One thing to remember is never to invest all dollars on one coin.
Yeah, DYOR or don't get into memecoins for your own safety even if there's a hype on it.
full member
Activity: 420
Merit: 130
Investments are always risky and it is not possible to predict in advance when to invest.  However, there is a lot of hype in Memecoins right now so this hype can end anytime.  So before investing in all these coins you must research and study the coins well and then invest.  One thing to remember is never to invest all dollars on one coin.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
in a bull market, many new altcoins will appear; this has always been the case as soon as the market is in good condition, the developers of new projects take advantage of the situation to attract as much money as possible, since no one is in a hurry to buy something new on the red market.

It will always be the best time when we see the market has been turned green and we have seen that the altcoin listing will be increasing.

For crypto market when we see green means there are 2 things in which we are happy to sell more and we are sorry not bought more.
Quote
Mostly projects wants their tokens to be listed on tier 1 exchange on those days on which they see the market conditions good. So now is the best time for the new project to come out in the market.
but not until they are willing to spend for their listing and of course advertising then they will never attain this.

Quote
Also a positive point for the traders to buy more and invest in only those coins which can give them opportunity to earn.
lol of course we all aim to invest in profiting but this does not mean we can get what we wanted each time .
full member
Activity: 350
Merit: 157
It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
It is true. Investing in established altcoins will be always better, the risk is lower than investing in new altcoins. Established altcoins have bigger chance to always survive in the market. We don't need to feel worried about the possibility of the altcoins to disappear due to massive delisting in the exchanges. They already prove that they have the ability to survive a long time for years. They also have strong fundamentals, so they probably have bright future. It is very different with new altcoins that are very possible to be delisted in exchanges if they have no progress in the future. Some new altcoins also become scam projects, the developers/teams take away the investors' money. At the end of the day, the new altcoins become dead coins.

So, although the chance to get bigger profits from new altcoins is higher but the chance to lose all the money are higher as well. That's why most people prefer to buy established altcoins such as ETH, ADA, SOL, MATIC, Or DOT.


Just like you, i cannot invest in Altcoin because I have not seen the foundation for a long time. We all know altcoins have stayed for years now and have not committed any suspicious acts that may make investors want to sell their coins. Altcoins are good to invest in for a short term if you want quick gains. But you should have a deep understanding of the usage of the altcoins. So many altcoins may come out promising so much but at last end up stealing investors money during the ICO or IEO stage. I have fallen victim to this, so that is why i only invest a substantial amount in altcoin because i feel its usage will not end anytime soon. One good example is Binance BNB.
hero member
Activity: 2688
Merit: 588
New projects are not always risky and many good new projects are constantly entering the crypto market. Investing in many such new projects yields good profits. Actually developing new projects is seen only when the bull market comes. You should know that 2017 saw a lot of new project success. But for long time it is better to invest in established coins than new ones. It will always protect you from risk so use the best time you want.
There is nothing wrong with investing in new projects if one can do enough research and analyse the project thoroughly before they make their investments because as you said, a lot of new projects have great potential. After all, they are genuine projects and they are here to stay they have a good roadmap with all the developments and stuff planned and kept in front of their investors for transparency.

However, most people don't do that, they only see that a project has a whitepaper and a good-looking website and they think it's a great project and it deserves investments. They don't check the team whether it's fake or real, and they don't check the social media handles of the project whether they have any interactions or not, and that is not the right way to do it.
legendary
Activity: 2226
Merit: 1086
duelbits.com
New projects are not always risky and many good new projects are constantly entering the crypto market. Investing in many such new projects yields good profits. Actually developing new projects is seen only when the bull market comes. You should know that 2017 saw a lot of new project success. But for long time it is better to invest in established coins than new ones. It will always protect you from risk so use the best time you want.
Why? I think almost all the new projects are risky because we don't know how good the projects are. Although the new projects can offer good products, but we don't know how serious the teams or the developers. The quality of the developers/teams also can be the problem for the development of the projects. There are many new projects fail to survive a long time because they have bad developers/teams. So, I don't think that we must be so confident to trust new projects.

We must understand that old projects can be risky. How about the new projects? They must be riskier than the old projects.


hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
No, if you choose a good altcoin in your portfolio. It will definitely give you good profit.
There are many new projects that list their coins on binance such as calestia, zetachain. These projects are good for investment they have good strategic partners and already listed on all good exchanges. You can buy them in small parts.
most of the new altcoins nowadays are having a good time, such coin you mentioned as an example, celestia literally climbing up about 10x meanwhile zeta chain climbs up from listing price right off the bat.
i think the risk of investing in altcoin these days specifically at the season of bullish run isn't that high, so many coins are increasing instead of dumping.
though if we invest now we are already too late I guess, since they've been increasing so hard.
but certainly there are more and more upcoming token waiting to be invested, just find the ones that get invested heavily by binance labs and you are settled if you somehow encounter opportunity to buy it at very low because that kind of opportunity usually occur at the time of the first listing.
Pages:
Jump to: