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Topic: Is the new cryptocurrency worth buying - page 6. (Read 1685 times)

hero member
Activity: 1876
Merit: 721
Top Crypto Casino
Do a good research before investing in any coin. No one here can guarantee you a recommendation. Since you have been involved with Bitcoin for a long time. And you've made huge profits from Bitcoin, so I think you know what's good and what's bad. Now that the amount of altcoin in the market, it is difficult to find good coins. There are lots of scam coins in the market. If you believe your friend's analysis and you like the project, then you can invest.
jr. member
Activity: 30
Merit: 1
I think it depends on what new coins are bought because not all new coins are profitable. There are new coins that are not good because when they are listed at a high exchange rate, but when they start trading open to the public the price falls and there is no support from the developer.
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
well you are old investor in Bitcoin since 2013 as you explain above, i think you have experience abut investing in altcoin since you start investing in bitcoin, so why not start research about the altcoin you want invested like your friend suggestion
sr. member
Activity: 1988
Merit: 453
I am someone who invested in a large number of little-known coins in 2017. Some of them worked for me, and some of them made me loss. If you want 100x or 200x returns, then you can't expect that from Bitcoin or Ethereum. Because these cryptos are already established in the market. You need to go for newer coins with small market cap. But then, very few of the new coins are worth investing in.
legendary
Activity: 1932
Merit: 1005
if you sold 100 bitcoin at a price of 16000 it should not be a big problem to invest a little in this new cryptocurrency , your friend give you good advice earlier to buy bitcoin in 2013 but is there a chance that we could know what the advise of your friend is , i mean the name of that cryptocurrency??
sr. member
Activity: 1092
Merit: 250
Hodlers Network
With the development of the economy, BTC is now gaining more and more attention, and it is not disappointed by the people who chose it. From being questioned at the beginning, to a large number of people investing now, it has become a popular investment product. I first learned that BTC was recommended to me by my friend W (who was the administrator of the Monetary Authority) at that time, and let me also invest, but I thought it was a hype May be cheated (this has become a big pity for me). Later, I started investing in 2013, when I bought 100 BTC and sold it at the price of 16,000 in 2017. Now my friend W has recommended a new cryptocurrency to me. Should I invest?

its depends on what kind of crypto suggested by your friend buddy
maybe its better for you to do your own research before drop your money, not just because the recommendations from your friend
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
I think there are many reasons an investor may choose to invest in a new currency. Such as the purpose of the project, how to implement the project, and the funding of the project. A successful project needs many determinants, although it will not initially develop as you expect. However, if the elements I mentioned that the new currency has, you should invest in it immediately, it will help you profit in the future.
each investor is, first of all, looking for profit and all the ideas that the project puts forward are actually not interesting to any investor, this what I think. people just invest money in order to withdraw several times more
sr. member
Activity: 1190
Merit: 250
COMBONetwork
There are many new projects that are scam, so you need to be really careful if you want to invest in new projects at the moment. The risk of losing money will be very high, it is better to buy the altcoins listed in the market because their prices are very cheap and safer than new altcoins many times.
it's better if you don't take part in a new project, I know you already know the reason, Big Risk, there are lots of good projects but prices still haven't gone up high, just a few, invest there and wait for the date  Smiley
full member
Activity: 301
Merit: 100
I think there are many reasons an investor may choose to invest in a new currency. Such as the purpose of the project, how to implement the project, and the funding of the project. A successful project needs many determinants, although it will not initially develop as you expect. However, if the elements I mentioned that the new currency has, you should invest in it immediately, it will help you profit in the future.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
There are many new projects that are scam, so you need to be really careful if you want to invest in new projects at the moment. The risk of losing money will be very high, it is better to buy the altcoins listed in the market because their prices are very cheap and safer than new altcoins many times.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
There is no crime in listening to your friend the second time but the only issue is, now that you have known that BTC has proven to be the best till today, the new cryptocurrency your friend want you to invest in, have you tried knowing more about it? Have you tried knowing if the team have the capability to keep driving the platform? You have to ask yourself these questions and also ask your friend too, to understand his own point of view? I believe through this, you will know if he is following hype or genuine use case. Lastly, know that a good number of new cryptocurrencies are not good for holding.
copper member
Activity: 252
Merit: 6
A lot of new cryptocurrencies nowadays are just a scam project. The important thing that you have to remember is that every time you are about to buy any coin. You need to check their project plan before investing your money. It is worthy to invest in a new potential project. However, it would be a waste of money if you invest in a scam one.

Exactly, I always go with some genuine alts which means I prefer investing in top 25 coins in the CMC list like TRON, Stellar, DASH etc. I do not want to take risk in new projects and don't want to lose my hard-earned money as most of them suppose to be scammers. So it's better to go with some top coins and expect some good return..



Of course not all of them in the air are all worth it. Make sure you make your research first before  doing anything or investing in some project.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
new crypto currency projects can indeed provide a large reward if they are successful,
look at the increase from the Ethereum project, they are successful in 2018 and an increase of more than 1000%, but the risk is huge
That is a pretty big if don't you think? How many projects become successful right now? Probably less than one in one hundred, and while I can understand that people somehow think that they can pick a coin that will eventually become such a winner the truth is very few people have the time to do that and obviously they are not ready to reveal their methods, it is better to build a strategy that is more conservative, it is not going to give you as much profits but you will avoid catastrophic losses as well.
full member
Activity: 455
Merit: 106
Worth or not depend with how serious with your altcoin choose when investing, we found many good project not serious with their coin and only get moment just few hour after listing and next time become shit coin, many developer just take profit only without care how their coin become at the future shit or worth.
Definitely true the value of all coins and tokens comes down to their use case. Like bitcoin and ethereum for greate transactions for payment. Investing with other altcoins maybe difficult because there are many ICO/IEO project had failed and most of their coins is shitcoins.
legendary
Activity: 3108
Merit: 1029
There are a lot of old undervalued alts, so i dont think that you actually need to search a new coins
The main thing to look at Altcoin is the products and enthusiasts of Altcoin, not just old or new, because many old Altcoins are dead and now there is also a good new Altcoin to be owned by everyone, so to know these two things of course there must be research before already choosing.
indeed we have to do research when buying altcoin so that when we buy we benefit from altcoin that we buy, You buy altcoin which buys the bitcoin market
so that we are safe in investing in crypto currencies is to buy coins that are in the top 100 coinmarketcap, or top 10 coinmarketcap,
I guarantee your money will be safe there
When you were buying it at peak price and it will bring you to the lose even you bought bitcoin. Dude, this is a speculation market and your position matters a lot consider about it will determine how much profit that you will be received it.

It's not easy as you said to invest in the top coins.
hero member
Activity: 1554
Merit: 503
I'd rather focus on bitcoin because it's the most proven and profitable coin i have invested. Ethereum is a good coin too next to bitcoin but trusting new crypto coin aside from them, i think i won't risk my money investing in it and might only lose it at the end of the day.
investing in bitcoin is good, so it's not too bad compared to investing in new projects, investing in new projects is very risky because sometimes they need a lot of time to develop the project, some even run away after they make a sale. so it's better to invest in a well-known project
hero member
Activity: 2002
Merit: 535
and now many new projects with smart contract creating failed too. its too many projects with same concepts but unfortunately they didnt offer new feature than ethereum. investing in new projects actually have big risk than in existing projects, we dont know about team background or project future caused it could be scam whenever they want.
Invest in projects that have a reputed team members and they can succeed than the projects with unknown developers. Despite that there is a risk that it wont succeed but it is better than projects with developers without a face. If a project is coming from a reputed team then they do not need that much advertisement as they will attract investors naturally.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
new crypto currency projects can indeed provide a large reward if they are successful,
look at the increase from the Ethereum project, they are successful in 2018 and an increase of more than 1000%, but the risk is huge
if you compare when ethereum was first created then you are mistaken bro, ethereum is created from ethereum as it was created because it has new technology that has smart contract-based development so many people are interested, but when creating a project with the same concept as ethereum when This is no longer interested, so I recommend staying alert when wanting to buy a new coin.
and now many new projects with smart contract creating failed too. its too many projects with same concepts but unfortunately they didnt offer new feature than ethereum. investing in new projects actually have big risk than in existing projects, we dont know about team background or project future caused it could be scam whenever they want.
hero member
Activity: 2814
Merit: 576
I'd stay with whatever brings me profit and not look for other "opportunities". Impatient people want more and more and forget that they are already invested in something volatile and risky which is Bitcoin and go into even more risky and volatile altcoins  and lose money.

I don't understand why some of you who got profit from BTC buy shitcoins. Want to increase the risk? Buy some ETH! Don't waste time and money on some stupid coins like Tron and some even worse scams.
I'd rather focus on bitcoin because it's the most proven and profitable coin i have invested. Ethereum is a good coin too next to bitcoin but trusting new crypto coin aside from them, i think i won't risk my money investing in it and might only lose it at the end of the day.
jr. member
Activity: 139
Merit: 1
If you can take the risk. You will need enough of patience if you want to make good profit from it. But you can take profit anytime you like. You can tell us the project so we can do more research on it.
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