Are new altcoins being too risky? Current market trend - page 7.

TakeItEasy

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Quote from: jasonjm on September 24, 2023, 12:19:19 AM

At the moment investment in new altcoins is very risky and you might end up losing your money. It is always better to invest in established projects that have survived the market for many years. It is better to invest in ETH, XRP, LTC and DOGE, compared to new coins. Although the ROI might not be very high, your investment will be somewhat secure. The majority of the new projects are actually cashing out the market sentiments.

Investment in XRP is also risk, SEC is ruling over it. If Elon stop supporting Doge, it will turned out to be meme project again. All new coins are not risk, proper research needed before investment.

jasonjm

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At the moment investment in new altcoins is very risky and you might end up losing your money. It is always better to invest in established projects that have survived the market for many years. It is better to invest in ETH, XRP, LTC and DOGE, compared to new coins. Although the ROI might not be very high, your investment will be somewhat secure. The majority of the new projects are actually cashing out the market sentiments.
Market cap/ price does not determine the success of a project and should not be considered as a standard to invest. High market cap coins such as LUNA have failed miserably and people have lost billions. So was the case with FTX. In the past, we have scenes that most projects with a potential wiped out from the market. So, it is better to research before investing and try your luck in more established coins.

JeffBrad12

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then again it comes down to your toleration against the volatility in general, the thing with altcoin is that its usually having lower market capitalization than the long established coin making it volatile and therefore the chance of it losing its value in the blink of an eye is huge, you've seen many altcoins quite literally get dumped and lose 80% of its value and right now slowly dying when bearish occurring that is after the ftx incidents.
therefore if you're not so sure just stick with the more established coin like bitcoin and ethereum.
after all its suited really well for those that wanna invest in long term, if its short term maybe altcoin will suffice but the risk is still there.

jaberwock

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Quote from: Husires on September 21, 2023, 02:17:57 AM

You are the one who determines the amount of risk you want to be exposed to according to your investment strategy. If you want a low-risk, long-term investment, then investing in Bitcoin is your only option, but some people want to take more risks according to perceptions such as the possibility that the currency will rise due to some event, then trading or investing is for a day to A month, during which when profits are achieved, the capital or capital and profits are withdrawn.
The strategy determines the standard of risk and the rate of exposure to it.

Many people miscalculate that risk though, which is an issue. They think that they are investing into something so special that it will be the next eth, or next bnb or whatever "next..." something, and invest heavily into just one new thing with high hopes, which then goes down rapidly and make them lose it all. In that situation, they didn't think they were risking so much, they didn't consider that it would be horrible, what they considered instead was something that would be a lot worse in the long run, and that did not happen that easily.

This is why I believe that we are going to end up with some trouble one way or another, and should be doing something smarter about it as well, and not really put money in these risky stuff, and learn what a big risk is.

Husires

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You are the one who determines the amount of risk you want to be exposed to according to your investment strategy. If you want a low-risk, long-term investment, then investing in Bitcoin is your only option, but some people want to take more risks according to perceptions such as the possibility that the currency will rise due to some event, then trading or investing is for a day to A month, during which when profits are achieved, the capital or capital and profits are withdrawn.
The strategy determines the standard of risk and the rate of exposure to it.

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Quote from: kentrolla on August 07, 2023, 02:35:25 PM

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.

The lack of interest in Tier 2 alt coins may not change, but investing in them does. Because not everyone is lured by the glitter. They adapted their actions due to their losses and the experience. Scammers, fake websites, and other influencers used to play a big part in crypto scamming, but today people are aware of them and on alert for them. Before making an investment, investors are reconsidering. Additionally, there are numerous scam detection tools and systems accessible today. Many people have debunked the myths around cryptocurrency. People are purchasing Tier 2 alt coins as a result, but they are conscious of their investments and their motivations. Even newbies are making purchases there, but their groundwork is solid nonetheless, thanks to all the reliable cryptocurrency guidance. People will fall into traps, but at least they are aware of what they are falling into.

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Quote from: raidarksword on August 19, 2023, 11:00:33 AM

Not all new tokens are risky, there are some new project has good potential to succeed more in the market though we in the industry we are already involved in a risky business to begin with. So, if anyone are afraid to venture on new tokens might as well we stick to old coins or tokens that already have a solid background and foundation after all they made this far and we all can say that they are risk free. And buying as well during the crash is the best time to do so.

I disagree, every single new project has a significant amount of risk attached to it, now you may invest in the best new project available and the risk would still be high, as even if that project may have a lot of potential, that potential is not a reality yet.

Remember projects can collapse for all kind of reasons, like being hacked, one of the developers running away with the money, another similar project being released with better execution of the core idea of that coin and so on.

kentrolla

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Obviously these sorry of scams are happening from a longer period of time i have seen many project advertising in this forum and then once the investors are pooled in they will just dump their shitcoin and disappear, we can just check number of altcoin bounties/projects advertised here in this forum for last one year and how many of them are still tradable and compare the ICO price worth current price we will hardly find any as most of them prefer third class exchanges to pump and dump the coins. It's difficult to rely on even the ICO ranking websites as they are bribed as well for better outlook of project.

ZAINmalik75

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Are new altcoins being too risky? Current market trend

Basically market change thier trend with time like for some time it's stick with metaverse, them web and so on, so scammer target such trend and launch thier new project by taking advantage of trend hype, so some kind of newbie or new investors fell into his trap because they invest thier portfolio on the basics of current coin performance of these fake scammer project, so mostly such projects behave normal to get investor trust and then suddenly they sell most of thier supply and dump the entire coin price, so mostly we have seen that mostly new coin not even touch his previous ATH after dump and thus all investors were struck with huge loses, so in my view stay away from investment in new project you should for Ethereum which is the most trustworthy and reliable AltCoin while for extra safety and extra profit in long term investment you should go for the one and only Bitcoin

raidarksword

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Not all new tokens are risky, there are some new project has good potential to succeed more in the market though we in the industry we are already involved in a risky business to begin with. So, if anyone are afraid to venture on new tokens might as well we stick to old coins or tokens that already have a solid background and foundation after all they made this far and we all can say that they are risk free. And buying as well during the crash is the best time to do so.

el kaka22

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The extra added risk is something that some people like to do for some reason. I have absolutely no idea why they prefer that and why they are chasing that, but they like it because they think there will be a bigger return. In real world, though that is not how it works, they do pick something with bigger risk and in return most of the time they lose a lot of money.

Sure there could be some few people who could claim that they made some profit on things like doge for example, but look at Elon Musk's tweets during doge saga, there were so many people constantly spamming his replies about how they lost so much money on doge "because of him", obviously it wasn't his fault, they shouldn't have bought a coin just because someone told them to.

Xampeuu

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basically investing in cryptocurrencies is dangerous, therefore we should share the risk, it doesn't mean we don't invest in altcoins, but we have to minimize the portion of the risk. of course the biggest portion is in bitcoin, with us putting our nature of greed, and then it can be divided into several altcoins as you mentioned, considering that like LUNA, of course we have to be worried, it's different with bitcoin where if it happens like LUNA, then the world will end cryptocurrency, therefore using money management wisely is highly recommended

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Quote from: sulendra12 on August 17, 2023, 03:23:54 PM

Quote from: kentrolla on August 07, 2023, 02:35:25 PM

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.

There are some quite potential altcoins out there to look out but how much actually the bad ones compared to good one is really high and most of people keep falling to pick the bad one. That's why most of the people are recommending to just pick the top altcoins and use your indicators to determine which one is good for you, or you can just experiment with the non-top ones. It's up to you once you have gain a good experience.

Basing up with the current numbers of new launched coins adding up with the current number of coins in the market then it would really that hard on finding a potential coins or altcoins. It would really be just like

that finding a needle on a haystack which it is really that challenging and this is why we do really miss out some chances on getting those coins that pumping up and leaving us some regret that why we havent seen it.
Even investing on Bitcoin does really give out that kind of risk since there's no assurance in speaking about profits because we know that everything do really depends on the demand and recognition of the public or the community.Its never been safe since from the start and this is why if you are planning on making out some investment on altcoins then be prepared on the risks that you are dealing with specially if you
are touching up some meme coins then this is something that it is really that too risk but something rewarding if you do hit it right.

goaldigger

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to minimize the risk, you should choose an altcoin that has been established. however, we know that many investors are willing to accept the risk of this investment. Even for Memecoin, there are still many investors who choose it. The advantage of choosing a new altcoin is that the price can rise to a higher level than the initial price, but the risk is that the price can fall some time after the coin is listed on the market.
So, depending on the situation, if your goal is long-term investing then an established coin is the best choice, but if you want more risk, but high profit potential, then a new altcoin is one of them.

This could be the only problem with the new projects as they are competing with the established one and the only option for investors is to choose between this and know its maximum potential. There’s no wrong in investing with new project you just need to analyze, read their roadmap and know the risk because new projects can also be a potential scam.

sulendra12

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Quote from: kentrolla on August 07, 2023, 02:35:25 PM

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.

There are some quite potential altcoins out there to look out but how much actually the bad ones compared to good one is really high and most of people keep falling to pick the bad one. That's why most of the people are recommending to just pick the top altcoins and use your indicators to determine which one is good for you, or you can just experiment with the non-top ones. It's up to you once you have gain a good experience.

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Quote from: Yamifoud on August 16, 2023, 07:20:18 AM

It is too risky - that is the reality. Why? Many altcoins had risen today that are no use case, no market value, and no direction. How could we trust them and invest our money if the majority are created for that? Of course, I'd choose to ignore them and just invest in those projects that we know that they have profit potential.

In this current situation, we need to be wise and must know how to evaluate a particular project because not all projects that have a promising look will also have a promising ends, sometimes it turn a scam.

Unfortunately that has been the case for a while now and a lot of people end up not being entirely sure about what they should be doing. I understand that we are at a confusing period and not everyone knows what they should be doing, but that's going to be the most important thing.

I believe that we are going to end up with some changes in the end and we could potentially make it work one way or another when we figure out a good strategy but that may take some time. We are still not in the bull run, but when that time comes we should be ready for it and in order to be ready for it we should be studying old bull runs and see what should be done, that will help us a lot on the long run to be ready for the next bull run.

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It is too risky - that is the reality. Why? Many altcoins had risen today that are no use case, no market value, and no direction. How could we trust them and invest our money if the majority are created for that? Of course, I'd choose to ignore them and just invest in those projects that we know that they have profit potential.

In this current situation, we need to be wise and must know how to evaluate a particular project because not all projects that have a promising look will also have a promising ends, sometimes it turn a scam.

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Quote from: jossiel on August 13, 2023, 06:01:34 PM

Quote from: asriloni on August 13, 2023, 12:39:25 PM

Investing in the big coins much more safer but it doesn't guarantee your money will be safe. Remember this.

This is also my principle after investing in the failed altcoin investments of mine.

It's safer and more peace of mind because they won't just dump too quickly. Though the tendency is always there, let's just say that the chance is lesser.

So, it's about security and profitability when both of them can be present to a project then you have to choose that.

Many of those that invest in new coins at the moment believe themselves to be incredibly smart and they think that people like us are too conservative, what they do not understand is that we were on their shoes before and we have experimented some losses already, which is what caused us to become more conservative.

And despite our efforts to open their eyes so they do not have to go through the same experiences they refuse to listen, and they will only understand why we take the decisions that we take once they suffer losses by investing in those new projects as well.

Jocuserious

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The current market trend is very cool because now many new projects are getting success in their token sale besides they are getting good investors from ido. Where you will go in the future is different from what you think now because you need to be a smart investor by involving yourself with the crypto market. Any time you need to invest and for that you need to have a lot of experience. So there is a misconception that you always want to take advantage of the bull market.

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At most there is no difference between newer projects and ponzi schemes since most of this is in that category but just branded themselves as crypto projects, and most of the shit coins are all layer two which has opened up a new cane of worms to the already depreciating and highly risky altcoin market and this is not something that one should take lightly and before you chose any altcoin as an investment choice, you need to do in-depth research and rely heavily on luck to be able to choose the right one that can at least perform in the market to the extent to be able to give you a good return on investment.

Avoiding scam exit potental projects like LUNA and the rest of them, it measures much as to what level our confidence will be going for and at that, we all must be sceptical of our choices of projects.

Topic: Are new altcoins being too risky? Current market trend - page 7. (Read 1994 times)