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Topic: Is it risky to invest in new crytpo coin/tokens? - page 5. (Read 1362 times)

member
Activity: 2044
Merit: 16
For me investing on new tokens or coins are long gone because there are trust issues now due to many greedy team behind such projects popping out in the market. I've seen project pumped and dumped rapidly which means team dumped in a way they get profit and never looked back again to increase the price of their tokens/coins.  It's best to invest on trusted tokens/coins that already on the market and wait for the process of price increase for long term.
full member
Activity: 651
Merit: 103
It can be a risky if you do not have enough knowledge about the new listed coins. There are a lot of traders that are wondering why they keep losing in trading and they do not know that it is because they keep trading new crypto coins. In these past months, the new tokens listed in exchanges are keep dumping so we should avoid coin that is recently listed because the early investors are dumping their token in order for them to gain profit immediately.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
I personally don't buy the idea of investing in new coin because it is very risky and anything can happen to it. A new coin/token can experience growth as a result of pumping, when it becomes dumped this can lead to rapid reduction of price and may even cause the coin to have no value. So if someone wants to invest in any new coin at all, proper research about such coin is very necessary

You are absolutely right about that, before investing in any project we must make our own research about the project. That is why there are above 5000 altcoins and numbers of them are increasing day by day, as you know most of them are just useless and wasting of time. But that doesn't mean all of them are useless, however it is not as easy as expected to find a legit one. Cause of that l don't prefer investing in a new projects, instead of them, l prefer investing in top altcoins. In my mind, they are more profitable and there is more chance to make money from them than investing in other altcoins.
member
Activity: 658
Merit: 20
choosing investment in a new token is very risky, many people have experienced it, so don't ever invest in a new token if you can't choose between a good project or a scam. you should still invest your money in top altcoins
member
Activity: 684
Merit: 10
Risky ? Yes, of course, according to my observation, most projects end up at the bottom, you need a very detailed analysis before buying.
full member
Activity: 1064
Merit: 102
I personally don't buy the idea of investing in new coin because it is very risky and anything can happen to it. A new coin/token can experience growth as a result of pumping, when it becomes dumped this can lead to rapid reduction of price and may even cause the coin to have no value. So if someone wants to invest in any new coin at all, proper research about such coin is very necessary
full member
Activity: 1110
Merit: 104
Of course it is risky. That's why you should always evaluate your risk, do you own research before you start off. Crypto is volatile and prone to hackers. Anything can go wrong anytime.
for new crypto currencies is clearly very risky, because their project is just running, and do not yet know how the nature of their team, if their team is good at working on development according to the roadmap, investing there is not risky, but it would be nice for you to analyze project first before invest
legendary
Activity: 3416
Merit: 1225
It's not that risky if you know the difference between a crap project and a gem project, I came across AVA project and I knew instantly that it's a project from real blockchain professionals, they raised 42million using the old crowdfunding way (ICO), tell me how this isn't fascinating

Not all of us are good determining every project that comes along if it is a good or bad project, I have been into a lot of projects that we thought are all good only to end up getting scammed, there are many factors there are good projects but failed to reach the needed amount of money I still recommend people that if they want to invest in a new coin wait for it in the market and if they are 100% sure then go ahead but only invest what you can afford to lose.
member
Activity: 588
Merit: 10
I think right now every investment has the same risk but cryptocurrency has more potential to give tremendous returns if we compared it to other investments. That is why we have the opportunity to make greater money rather than other investments.
jr. member
Activity: 1162
Merit: 1
Base.protocol
Of course it is risky. That's why you should always evaluate your risk, do you own research before you start off. Crypto is volatile and prone to hackers. Anything can go wrong anytime.
full member
Activity: 1148
Merit: 101
The most important thing is research first before investing in any coin/token because no matter how old or new the coin scam always happened, there is a few coin who running a years but exit scam in the end.
If a coin or token that has been running for years but can come out as a scam, then what is the point of research made by someone before investing? because research will not help someone in full in terms of investment.
full member
Activity: 396
Merit: 106
No risk, no gain. You should understand this before investing in crypto or any totally new coin/token which even more risky. Floor with a lot of information, only people know how to sort it and highlight what thing they need to understand new crypto can make a good investment.
sr. member
Activity: 1638
Merit: 278
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

Raising a hefty amount doesn’t really mean that a project will be successful in the long run. Many projects have previously raised money through ICO’s but have failed due to various reasons such as fraudulent activities, no technical assistance, failure to deliver a live working model etc. Although, I have done my research on the AVA Labs and I think that the project has potential as it offers a highly advanced platform for launching decentralized applications and new interoperable blockchains.

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.
Haha, it sounds like a disclaimer “investment in crypto coins is subject to market risk, so do your research before investing in any coin”. And that’s true of course. Crypto market being highly volatile involves a lot of risk so one should only invest the amount he/she can spare and afford to lose just in case something goes wrong.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
Investing on any cryptocurrency always have risk either it is a new coin or existing coins.
But i think investing on new coins is more risky because many new coins are created only to make the creator rich.
So in my opinion, we better investing on existing well known coins unless we really know about the new coin we want to invest.
jr. member
Activity: 189
Merit: 1
Yes, investing in a new project can be risky. But if you are an expert, then you can understand which project is better. You can invest accordingly. However, before investing, you must have an idea about the future purpose of the project, which exchanges will be listed. However, there is a little risk to invest in a new project. But now most of the project team reduces the price of token. As a result investors are harmed.
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
New crypto coins can be profitable than popular altcoins but you need to be on the look out for scam projects, they are still available today, I'm not against new crypto projects because their ROI is always better but it's risky for new crypto investors to go for new crypto projects
full member
Activity: 491
Merit: 100
Investment generally is risky, but I don't think investing in new project alone is risky,if you must invest,be it new project or old project make sure to carry out some level of research with that you will be fine other than buying a token or coin everyone is buying,just do your own research.
jr. member
Activity: 81
Merit: 6
The most important thing is research first before investing in any coin/token because no matter how old or new the coin scam always happened, there is a few coin who running a years but exit scam in the end.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
It's not that risky if you know the difference between a crap project and a gem project, I came across AVA project and I knew instantly that it's a project from real blockchain professionals, they raised 42million using the old crowdfunding way (ICO), tell me how this isn't fascinating
Maybe you mean is AVAX, cause AVA is the coin ticker of Travala a project partnered with swipe. Avax is avalanche and they are launching their own mainnet. This is good news actually cause every social media relay their success on ICO. Its the last I heard that raises so much for an ICO. I think this will be a confidential coin when start trading. Chances that hype could make their coin rise high.
jr. member
Activity: 1876
Merit: 5

Personally, I think that investing in new coins should be very careful, since the situation in the crypto market is very difficult and you can very easily lose your invested funds. I would rather recommend investing in already proven coins that have great authority on the market and already bring excellent income to many investors.
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