Is it risky to invest in new crypto coins/tokens - page 4.

Gladitorcomeback

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Quote from: Clark Anderson on February 13, 2023, 01:02:50 AM

These days many new crypto coins and tokens are being introduced and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency makes a good pump in their starting days and after on, they dump in a very dramatic way. This cause a very big loss to the investors and the trust in these types to new coins and tokens is finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

all old coin which people are now trusting was first New coins. investing in new coins are not but the problem is that most of the coins has no back and no big devolping team and idea which lead them well for long time which cause failure of tokens. some token soon after listing and some coins remains for some time because of hype and trend.

New coins can give very good profit because big whales not entered in start. if we take entry and specific token make big partnerships then we will be in bug profit. before entering in new coins we should check the partnerships, Vc, listing cex and idea of project. If all these are good enough then i think its worth to take entry in new coins but we should wait for low rate despite of entering in Fomo

nurilham

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Quote from: Litzki1990 on April 03, 2023, 12:40:38 AM

I think new coins are always risky. Because you are not familiar with the new coins in the market and you don't have much idea about these coins. Why would you risk your money by investing in a coin that you have no idea about or don't know well. Many times it is seen that various new coins appear in the market and initially the training volume of that coin is very high and the market cap is very high. When people invest in the new coin, after a few days it is seen that the coin has disappeared from the market.

Basically, all crypto coins are risky. Not only new coins, but old coins are also risky. We don't know how long a crypto coin to survive, it can last a long time or suddenly disappear. There are many cases that old coins become dead coins suddenly. The factors are varied, it can be a very low demand or the developers/teams leave the project suddenly. So, we must be very careful to invest our money both in new coins and old coins. Both coins have almost the same risk level.

sana54210

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Quote from: Baoo on April 03, 2023, 07:10:55 AM

To be honest, it is absolutely risky and nowadays investing in altcoins is certainty unpreferable especially the new ones due to a lot factors like the volatility of the market , regrettably the current situation is unstable. We have not seen any progress for a long time. For example Bitcoin , it is been months and still stuck between $23k-28k and same goes to ETH l and due to the whole market is following them, so there is a high risk to invest in short term.

Moreover, 90% of new altcoins/tokens are scams. They always come into the crypto market with high values , then suddenly dip to the bottom. Furthermore, They always build attention to attract greedy victims. So you have to be careful in picking new altcoins, if you don’t know project pretty well, then don’t take the risk and waste your money on it.

I would guess that there has been so many tokens that failed and crashed in the past 2 years that people are not entirely sure what to invest anymore. Even the top 20 ones do not look like they have any type of trust in them, people invest to them somewhat but they are still not entirely sure about it.

Let's be honest and realize that bitcoin is trusted like no other coin ever be and that's the difference. This is why I believe that we should be looking at this differently and that's an important part of it. I believe that we should be considering this as a big deal that is profitable for everyone, just buy and hold bitcoin, that's good enough for everyone.

Baoo

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To be honest, it is absolutely risky and nowadays investing in altcoins is certainty unpreferable especially the new ones due to a lot factors like the volatility of the market , regrettably the current situation is unstable. We have not seen any progress for a long time. For example Bitcoin , it is been months and still stuck between $23k-28k and same goes to ETH l and due to the whole market is following them, so there is a high risk to invest in short term.

Moreover, 90% of new altcoins/tokens are scams. They always come into the crypto market with high values , then suddenly dip to the bottom. Furthermore, They always build attention to attract greedy victims. So you have to be careful in picking new altcoins, if you don’t know project pretty well, then don’t take the risk and waste your money on it.

Litzki1990

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I think new coins are always risky. Because you are not familiar with the new coins in the market and you don't have much idea about these coins. Why would you risk your money by investing in a coin that you have no idea about or don't know well. Many times it is seen that various new coins appear in the market and initially the training volume of that coin is very high and the market cap is very high. When people invest in the new coin, after a few days it is seen that the coin has disappeared from the market.
Or the price at which you invested in that coin is going down several times so it is better not to take that risk. Instead of leaning towards newer coins it is better to invest in coins that have many old and trusted ones.

SirLancelot

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Quote from: Rupok on March 29, 2023, 12:11:43 PM

Currently investing in new cryptocurrencies is very risky. They offer something good in the first place and encourage people to buy their new tokens.But later it is seen that many projects become unsuccessful.Although altcoin investments are very profitable, they are also very risky.A few days ago I got a new altcoin offer and I invested some amount later I faced loss.It is better to avoid risky investments, because it is not good to be greedy. There are many altcoins in the market that have very good portfolios, so I would not advise you to buy new altcoins.You should be aware of this before investing.

I think you are right and I totally agree with whatever you say, but I'm curious to know where and from whom did you get an altcoin offer? Because generally, when we want to make an investment, we open markets, search websites to find new projects and then do our research and analyze the project and then if we are satisfied with a certain level, we go for investment.

In your case, as it sounds, you got a signal from somewhere and you simply bought the token without putting much effort into checking what's behind the scenes and who is actually the one who created the project, and what it has got to offer. That kinds of investments are very likely to hurt you financially, that's why I'm not surprised about what happened to you.

gunhell16

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In all aspects and opportunities, I think the risk is really double here in the crypto world dude, and there is nothing we can do to prevent it.

The only thing we can do is to know the right way to choose the right project in the cryptocurrency business. Because if we don't know how, it's better not to invest first so that our capital that will be used for this is not wasted.

StarKay

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The fact in life is that there is no investment that is risk free, however investing in new coin or token is one of the most risky things to do in cryptocurrency especially when it is done without due diligence. I don't say people shouldn't invest in new coins or token but that they should DYOR on such project before investing. Spend your money wisely and try to read more.

Rupok

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Currently investing in new cryptocurrencies is very risky. They offer something good in the first place and encourage people to buy their new tokens.But later it is seen that many projects become unsuccessful.Although altcoin investments are very profitable, they are also very risky.A few days ago I got a new altcoin offer and I invested some amount later I faced loss.It is better to avoid risky investments, because it is not good to be greedy. There are many altcoins in the market that have very good portfolios, so I would not advise you to buy new altcoins.You should be aware of this before investing.

bettercrypto

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Quote from: GEMIN_M4 on March 23, 2023, 02:05:37 PM

Arbitrum token is listed on big exchanges today, I think it's dumb not to buy this token because it is going to do well soon, if you are too scared of new altcoin projects then don't buy any, spend your money on Bitcoin, the truth is new altcoins have higher potential over the old ones, because new things will be introduced along the way that beats the old projects, they can easily replace the old projects in a bull season.

You may be right there, the hyped in arbitrum has ended, but I found three utility tokens that have the potential to provide good profits in the future. And these are better investments than the arbitrum itself.

Then the other one Zkysync has the potential to have airdrops in the future, so it's good to use the platform to qualify for the task that is needed in case it has an airdrops program.

|MINER|

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Quote from: GEMIN_M4 on March 23, 2023, 02:05:37 PM

Arbitrum token is listed on big exchanges today, I think it's dumb not to buy this token because it is going to do well soon, if you are too scared of new altcoin projects then don't buy any, spend your money on Bitcoin, the truth is new altcoins have higher potential over the old ones, because new things will be introduced along the way that beats the old projects, they can easily replace the old projects in a bull season.

Actually I don't understand that you are referring to Bitcoin here and did you want to say that these new hype created tokens will have more potential than Bitcoin or not!? I won't compare old or new here Bitcoin will always be the best for the crypto world no matter how many potential projects come along they will always be around it but will never be able to top it, be it security or price.

GEMIN_M4

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Arbitrum token is listed on big exchanges today, I think it's dumb not to buy this token because it is going to do well soon, if you are too scared of new altcoin projects then don't buy any, spend your money on Bitcoin, the truth is new altcoins have higher potential over the old ones, because new things will be introduced along the way that beats the old projects, they can easily replace the old projects in a bull season.

doomloop

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Quote from: Pezroly on March 18, 2023, 12:10:48 PM

Yes, it is very risky to invest in new crypto coins. I found one new crypto coin some time ago, my current profit is 60% per month, but exchange to BTC and stable altcoins is limited to ~75$ monthly. PM, if you have interest, will send the link.

Lol, in one sentence you are saying that it is risky to invest in new cryptocurrencies, and in the second sentence you contradict your own sentence by suggesting a Ponzi scheme that pays 60% per month which is a probable scam and extreme risk. I think there are only two ways that I can think of why you are doing this.

You are either the creator of that Ponzi scheme project and looking for investors because you are in desperate need of money, or you are too naïve and actually joined such a project at someone else's suggestion or using their referral link. If it's the first case, this is definitely not going to work here, and if it's the second case, I would suggest you stop using that service immediately and withdraw your funds if you can which I don't think will be an option for you anymore.

Renampun

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Quote from: Clark Anderson on February 13, 2023, 01:02:50 AM

These days many new crypto coins and tokens are being introduced and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency makes a good pump in their starting days and after on, they dump in a very dramatic way. This cause a very big loss to the investors and the trust in these types to new coins and tokens is finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

talk about risk! Of course, investing in a new token project is very risky. There are many tricks that are difficult for newbie investors to understand, such as the pump & dump scheme. The point is if you really have big intentions to try investing in a new token, pay attention to the team behind it (such as developers and advisors) because it's so important that we can predict the future of the new token.

tbterryboy

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Quote from: Ataiwo913 on March 15, 2023, 05:56:16 PM

With the market growing and changing, there is always a risk that new crypto coins/tokens may fail. However, there are ways you can lower this risk when investing in a new crypto coin/token. Before you invest, ask yourself: Is this project backed by a well known company?
In short, yes. But you can protect yourself with a diversified portfolio and by researching the coins you want to invest in thoroughly before you put money into them.

It is never a good way to see if a new project is backed by a big company or another successful project because scam projects can easily manipulate the public with fake partnerships and sponsors shown on their websites or whitepapers. So just because a project shows the logo of Microsoft on its website, it doesn't specifically mean that they are actually backed by Microsoft.

It is best if such information is verified by checking the social media handles of the companies or other projects mentioned just to see if they have announced anything about it, if they haven't, it simply means that the project is using fake sponsorships to gain investors.

Pezroly

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Yes, it is very risky to invest in new crypto coins. I found one new crypto coin some time ago, my current profit is 60% per month, but exchange to BTC and stable altcoins is limited to ~75$ monthly. PM, if you have interest, will send the link.

Ataiwo913

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With the market growing and changing, there is always a risk that new crypto coins/tokens may fail. However, there are ways you can lower this risk when investing in a new crypto coin/token. Before you invest, ask yourself: Is this project backed by a well known company?
In short, yes. But you can protect yourself with a diversified portfolio and by researching the coins you want to invest in thoroughly before you put money into them.

doomloop

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Quote from: GxSTxV on March 14, 2023, 05:28:49 PM

Short answer: it is risky if you invest blindly.
Long answer: it is important to carefully research and analyze new cryptocurrencies or projects before investing in them. You should look at their technology, the team behind the project, the market demand for the product or service offered by the cryptocurrency, and any potential maliciousness in their contracts and also legal issues. And more importantly make sure to diversify your investments and only invest what you can afford to lose, as the cryptocurrency market is highly volatile and can be unpredictable stick to bitcoin more than any other new token or coin in my very humble opinion.

Well, as you said, diversification is the best thing one can go with to reduce the risk of losing the whole capital even if something goes wrong with one of the tokens you are invested in, and diversification must be done within the top cryptocurrencies including Bitcoin and some other altcoins that are on top after Bitcoin like ETH, BNB, etc.

Though new projects can sometimes be good or at least provide very high returns on even small investments but that doesn't happen all the time. If one wishes, they can invest a very small amount in projects that they find to have potential just to try their luck.

GxSTxV

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Quote from: Clark Anderson on February 13, 2023, 01:02:50 AM

These days many new crypto coins and tokens are being introduced and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency makes a good pump in their starting days and after on, they dump in a very dramatic way. This cause a very big loss to the investors and the trust in these types to new coins and tokens is finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

Short answer: it is risky if you invest blindly.
Long answer: it is important to carefully research and analyze new cryptocurrencies or projects before investing in them. You should look at their technology, the team behind the project, the market demand for the product or service offered by the cryptocurrency, and any potential maliciousness in their contracts and also legal issues. And more importantly make sure to diversify your investments and only invest what you can afford to lose, as the cryptocurrency market is highly volatile and can be unpredictable stick to bitcoin more than any other new token or coin in my very humble opinion.

Iadegbola34

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Investing in anything is risky . Investing in crypto currency is twice riskier because of the volatility, investing in altcoin is even riskier because they mostly always fail in the long run. So if investing in crypto is what you'd like to do, then do invest in Bitcoin and Ethereum to some reasonable extent.

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