Topic: Is it risky to invest in new crytpo coin/tokens? - page 10. (Read 1362 times)
Both new and old coins pays what matters is doing research. Always do research to know what to invest in. New coins are paying very well that's if you know your way and know when to sell as you don't have to be greedy looking for when to turn billionaire from a project. Always do research anyways.
It is riskier to invest in new coins, compared to old coins, even newbies should know this. This doesn't mean it's entirely bad to invest in new coins, but before doing this analyze properly and its not wise to invest hugely in new coins. I normally give time to watch how well a project performs with development before investing big and not otherwise. If you ever follow hype to invest in new coins, without taking into consideration risk management, you will be getting it wrong most likely.
It's always risky to invest in crypto coins but it would be more risky if you end up investing in new coins which you are not really familiar of because of lack of research. Mostly new coins give an impressive price at the start that will attract investors but at the end of the day, they dump their value dramatically. So be careful in investing with new coins and DYOR as much as possible to avoid regrets in the end. 
It is riskier to invest in new coins, compared to old coins, even newbies should know this. This doesn't mean it's entirely bad to invest in new coins, but before doing this analyze properly and its not wise to invest hugely in new coins. I normally give time to watch how well a project performs with development before investing big and not otherwise. If you ever follow hype to invest in new coins, without taking into consideration risk management, you will be getting it wrong most likely.
It totally depends if you want to hold for long term or trade short term. If you are in this for the long haul, you should research about the projects and invest your money in those that are legit, have potential and meet your expectations. Short term changes in its price shouldn’t affect you much as it’s a long term investment and you will get your returns in the meantime.
If you are in for short trades, you could literally make profits out of any coin in the market if you know the technicalities and how the market reacts. In my opinion and experiences it is okay to invest in new coins, just do thorough research beforehand. There are many people made huge fortunes just out of new coins and tokens.
If you are in for short trades, you could literally make profits out of any coin in the market if you know the technicalities and how the market reacts. In my opinion and experiences it is okay to invest in new coins, just do thorough research beforehand. There are many people made huge fortunes just out of new coins and tokens.
Be it new crypto currency or old and existing tokens, all investments are a risk, this is why it is mandatory to have a comprehensive research facts before investing
A bit few contents can be read from me about your question : https://bitcointalksearch.org/topic/m.54250200
I love and sometimes trading a shitcoin, maybe around 70% of my trade shitcoin can be successful. You need to have a few mindsets when doing investment or trade on shitcoin, and always the most important always throw your money into trashbag when doing this. Cause the risk was really high comparing other investment or trade.
I love and sometimes trading a shitcoin, maybe around 70% of my trade shitcoin can be successful. You need to have a few mindsets when doing investment or trade on shitcoin, and always the most important always throw your money into trashbag when doing this. Cause the risk was really high comparing other investment or trade.
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?
Every investment whether online or offline is risky, i have seen people losing in real, physical businesses as well, i have seen physical investments going down, i have seen business closures, i have seen real life scams so the end point is that risk is always there and when we talk about online investments especially new crypto projects the investment risk increases even further. If their coins or tokens are functional and useful, I think there is no harm in investing. As the previous member said, we should really examine in detail. Cmiiw
There's still harm in investing such tokens, they can end up as shitcoins. I don't fancy your suggestion cos those most functional and useful token's are struggling to survive in this bearish market. They have gone below their ICO's or IEO's price. Not all promised token's looks promise, just wait till it's being traded for about a year before you draw conclusion
It's true that new altcoins are incredibly more profitable than top altcoins but isn't a safe choice for new crypto investors, gamble with new altcoins only if you are up for it, I meant you must have experience about crypto utilities that works or that are demanding
It's always risky to invest in new coin/tokens no matter how good it is. You see, new things need time to make sure they are legit on their goal and commitment to investors or else, just act nice and normal on the start and pull exit scam at the end.
If their coins or tokens are functional and useful, I think there is no harm in investing. As the previous member said, we should really examine in detail. Cmiiw
As a newbie try to put aside blind investment on crypto project for now and try as much as possible to learn what makes a project unique and different from others, choosing new coins isn't going to be easy, you need to understand what you buying first, just remember that real use case is very important
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?
Coinmarketcap is coin tracking website which shows the details of coins which have price, trading volume, total market cap based on the data collected from all the exchanges which doesn't mean all the details are accurate, they just replicate the data of exchange so exchanges may do some shady activities to increase trading volume of particular coins.If it happens with new coins then you need to be very careful.
I think its risky if you invest your money in a unknown token without any effort to make a research. However, if you have already made several research before joining yourself in a new coin/token, there is nothing to be afraid of. Although there is a risk that you will lose your money, but you still have a higher chance to earn a huge profit with a coin that you believe in. Always be wise while investing in anything, if it is stocks, real estate or cryptocurrency. Even if it is a traditional investment, we still need to put our time in order to benefit ourselves with our decision.
There are hundred of coins out there. Who knows which coin will become the new top 100
There are hundred of coins out there. Who knows which coin will become the new top 100
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?
In my opinion, investors also have their own policy direction in terms of investment selection, meaning that the potential in new or old coins is the basis for making decisions to invest with the choice of coins to minimize losses in the future.
Risky for newbies only, without the right knowledge about analysis and strict research newbies can mistakenly choose new bad projects thinking they are good enough, it's better for newbies to choose from top 20 altcoins
it all depends on the research you do. however, if you invest in an inappropriate project, you will get results like that. however, price increases only occur at the beginning, then dump and have no price at all. worth it or not, people have different opinions about each new project. in my opinion, it is worth investing in some new coins.
Investing in crypto already risky enough and yet you are looking for new coins mostly doesn't make their project ready and price or the team has no track record. Well they can make you earn a lot but probably you may end up big loss.
You want an example of a new promising altcoins? Do research on AVA. It's new and very promising, this project used ICO to raise money in 2020 and raised 42 Million dollars, incredible isn't it? Investors knew that what AVA have to offer crypto space will work straight outta box, utility matters, nothing comes close
It has been discussed so many time that investing in crypto involve a lot of risky. Be it old or new coin or token. Do not invest what you can't afford to lose and when you invest, you can minimize your risk by doing research on the project and ask questions from experience community members if something seems to be unclear. There is guarantee in anything but make sure you minimize the chance of investing in risk project
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