investing in new altcoins / tokens just created is always a gamble, even if at the beginning their value can rise very high and they can have high volumes on exchanges nobody can predict their trend in the medium / long term, my advice is to invest only on more or less safe altcoins such as bitcoin or ethereum, if we really want to invest in a new coin we must be sure of our trading skills, that is to know how to be fast and safe
Depending on how you feel and approach it, whether you have the confidence to appreciate what's behind a coin/token or people just look at that new coins so there will be opportunities future price increases, that thinking is wrong and no one is affirming it.
Topic: Is it risky to invest in new crytpo coin/tokens??? - page 17. (Read 11883 times)
investing in new altcoins / tokens just created is always a gamble, even if at the beginning their value can rise very high and they can have high volumes on exchanges nobody can predict their trend in the medium / long term, my advice is to invest only on more or less safe altcoins such as bitcoin or ethereum, if we really want to invest in a new coin we must be sure of our trading skills, that is to know how to be fast and safe
Depending on how you feel and approach it, whether you have the confidence to appreciate what's behind a coin/token or people just look at that new coins so there will be opportunities future price increases, that thinking is wrong and no one is affirming it.
The reasons why new altcoins are risky especially for new investors or crypto newbies
1. Majority are repeating same old use cases we've seen before
2. Majority of the new altcoins are build by unqualified teams or devs
3. Scammers are doing all they can too to deceive investors
1. Majority are repeating same old use cases we've seen before
2. Majority of the new altcoins are build by unqualified teams or devs
3. Scammers are doing all they can too to deceive investors
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges 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 was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was 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?
There is No safer investments but from those currencies that existing for long and had already proven their company .The Only Problem for investing in new Coin is the Greediness , because we wanted to earn more and easy and short time.
The reason why it's risky to invest in new coins and tokens is because of scammers, we have more scammers amongst us now compare to many years ago, it's why old coins are more safer option for newbies, if new coins and tokens are your choice make sure you do better research
To minimize the risk of loss it is sufficient to invest in the top coins in the crypto market, but if you are ready to take risks or like a high risk appetite you can invest in new coins. new coins can sometimes be profitable and vice versa. my advice always reconsider before investing in new coins.
it all depends on the new project that you will invest in or buy, if you know about a good new project and you believe in its fundamentals then buy it,
I recommend some good projects, namely MyIdentity and Safepal, hope this can help you.
and Not only are new projects that have a high risk of investing, investing in cryptocurrencies is also very risky, be it old projects or new projects,
there is only one thing that must be considered in investing in the crypto world, there is only one fundamentals of the coin itself.
I recommend some good projects, namely MyIdentity and Safepal, hope this can help you.
and Not only are new projects that have a high risk of investing, investing in cryptocurrencies is also very risky, be it old projects or new projects,
there is only one thing that must be considered in investing in the crypto world, there is only one fundamentals of the coin itself.
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges 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 was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was 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?
Did you tried Uniswap?
On that exchange listing every hour 2-3 new coins. Some of them doing 10-20x at first hours a trading, but of cause this is terribly risky.
You can also find on dextools.io list of every new coin listed on dex exchanges online.
the risk will always come buddy, but if you understand how to choose the right crypto to invest, i think you can reduce the risk
thats why you should have enough knowledge about cryptocurrency first, then you will know how to choose a new coin to invest
regards
thats why you should have enough knowledge about cryptocurrency first, then you will know how to choose a new coin to invest
regards
Investing is risky specialy in crypto beause crypto token or coin is high on volatility, before you invest you need to take risk and do search everything because in crypto everything is unstable, it doesnt matter of the coin is new or old as long as you believe on that coin, because there are so many token or new coin that is worth to invest.
investing in new crytpo project is always risky but sometimes such investments pay off very well. it's important to invest small part of your money so if you lose them it won't affect you very hard.
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges 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 was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was 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?
Its always risky to invest in newcoins even in other famous altcoins when its first lunched that is why a search must be conducted on the project, first the marketcap for a new token should not be big so the price can pump up and the team role is also crucial to the sucess of the project.
Of course, it is very risky to invest at this time because BTC is now up to 28000, so everyone is looking at it. There are many opportunities to make a profit from a good time, then everyone can buy coins. So to me the right time to invest is when btc is in its own place. Thanks all
This maket is full of volatility and risks. So where ever you invest there is risk. If you are new I would suggest that don't go with new coins cause the new coins are more risky. And if you don't have knowledge about the market then you will end in great loss. If you are new try to stick with big largecap coins. And inbthe mean time try to learn about the market and then go for new coins. If you know about this market you can invest your money anywhere and you will make profit.
Investments not only in crypto are naturally risky. Whenever you input huge amount of money with the hopes of it of growing, you should already be open to the possibilities that your money might go down or crash to zero in the worst case scenario. If in terms of bounty hunting, it is very difficult now since the campaigns that we have right now are far more different to what we have before. There lots of good bounties before, but as it got famous, lots of scams showed up making the bounty hunters grow tired of joining such. There are only few trustworthy bounties right now so you better be careful if you're planning on joining one.
Not just new projects, projects that got released in 2019 - 2020 can still turn into scam or get abandoned, the risks will always be available either in old or new projects, it's better to invest only what we can afford to lose and use good researching skills always
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges 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 was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was 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?
Its always risky to invest in newcoins even in other famous altcoins when its first lunched that is why a search must be conducted on the project, first the marketcap for a new token should not be big so the price can pump up and the team role is also crucial to the sucess of the project. Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges 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 was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was 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?
Nobody uses Coinmarketcap anymore and most people have moved from bitcointalk to twitter to find new projects to invest in, that's how I found out about FARM and 0xMR.
many new projects are showing good growth now but it should be understood that not all of them will be able to gain a foothold for a long time as high as now.
Investing in new crypto coin or token is so risky whether the project is promising and following a good roadmap. The better idea is to research will the project before you invest to avoid loss otherwise you will be scam.In other side you will be lucky if you invest a good project it just gambling in investing on crypto.
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