Definitely I will not risk with any new cryptocurrency if I were you. I will again go with only bitcoin investments but this time definitely for long-term planning. Honestly I could not get your level of risk taking capability because you are basically sounding like you are a high level of risk trader rather than simply looking for making huge profits out of investing only with bitcoins. I'm saying this because you had a previous experience with bitcoin investments hence why not you go for repeating the same for one more time to enjoy same level of huge profits.
Unlike most new cryptocurrencies, bitcoin must be having definite future because it is time-proven whereas no other cryptocurrency is having such a guarantee. You can get 1000 times profits from an altcoin investment but that will be possible when you will be covering at least 50 to 100 altcoins. So, the probability to invest into a right altcoin is very very less. It means it is highly riskier than investing in bitcoins.
Topic: Is the new cryptocurrency worth buying - page 8. (Read 1663 times)
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
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
Unfortunately you didn't tell us the name of the new crypto that your friend W. introduced.
Today there are so many new cryptos coming out, some are scams and some are brilliant to invest, if if you can give the name of the crypto / coin you mean, maybe we can at least look to famous markets, crypto history and also price developments when released and now.
Investing in crypto is a good step for you to decide right now, if you know and understand the best crypto on the market.
Can you show the type of crypto that you want to invest in.....!
And this without a doubt is the biggest problem, even in the current circumstances there are many coins coming out every day and for the most part they are completely useless, there was a time in which new released coins had something going on for them and you knew that you could obtain some kind of profits as long as the developers did not gave up, but since then scammers have taken over the market and for the most part most coins will disappear in less than a year, as such it is better to stay away from most new projects regardless of the potential they may seem to have. Today there are so many new cryptos coming out, some are scams and some are brilliant to invest, if if you can give the name of the crypto / coin you mean, maybe we can at least look to famous markets, crypto history and also price developments when released and now.
Investing in crypto is a good step for you to decide right now, if you know and understand the best crypto on the market.
Can you show the type of crypto that you want to invest in.....!
Which "new" crypto currencies are you talking about? I mean what currency did your friend suggest you to invest on? People sometimes tend to be biased towards the coins they have invested on, so might suggest you to invest on that coin even if its a really shitcoin. You probably should be doing your own research and decide if you should invest or not.
But remember, most of the "new" coins are all bad, like really really bad. So just be careful when investing on those.
But remember, most of the "new" coins are all bad, like really really bad. So just be careful when investing on those.
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.
Bitcoin may not be the main form of Cryptocurrency in the future to invest. Due to such flaws that have already been corrected in other forms of cryptocurrencies. So I think bitcoin isn’t the only form of cryptocurrency, where is Ethereum, Litecoin, Ripple, TRON, etc. But at the moment, it is worth a shot to invest in bitcoin.
There are a lot of old undervalued alts, so i dont think that you actually need to search a new coins
What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any field
What you are describing is a good thing, only here we not only see a product but are interested in the product, because if the demand is still lacking, then the product clearly will not advance, for example, like Altcoin that has been circulating in the crypto market.This sounds rational, I would say. But talking about you, are there many worthwhile and advanced solutions you are following now? Any you can recommend?
Very good if there is someone who wants to recommend, but recommendations about what? because I saw him tell about some products not about projects.
I think the whole debate about new cryptocurrency worthness is all about the project involved in bringing out the tokens or coins. If the project involved is a good one in terms of certain basic conditions I think it's worth buying and vis versa
Finding a new Bitcoin, a coin that will go up by 1000times is a disease, you should avoid such behavior because it will lead into many problems. The returns like 1000x are gone and do not expect it again because now the situation is diffrent 1/3 of all people have heard about cryptocurrencies.
I think he should not expect again what happen to bitcoin. Its hard to do for a certain token to rise really high just like bitcoin. @OP you should also do your own research, I must say that your friend really good in searching new token. Its not possible that you can get profit in what token you would like to invest, but just like bitcoin, it also takes a years to see that it really growing. Patience is very important, don't do the same mistake that you already done.
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Rather than to buy new crypto, it is better if you invest your money in bitcoin because you know that bitcoin price can increase anytime. So you won't miss making a profit when the price increase if you have bitcoin. But with the volatility of the price, you should be careful to buy bitcoin because you need to analyze when the right time to buy bitcoin. I guess you can buy when the candle is red so you can get bitcoin at a low price.
Finding a new Bitcoin, a coin that will go up by 1000times is a disease, you should avoid such behavior because it will lead into many problems. The returns like 1000x are gone and do not expect it again because now the situation is diffrent 1/3 of all people have heard about cryptocurrencies.
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?
Some of the crypto in the market are much good to buy now, depending in the volume in the platform exchange.
I said this because most of the ow price in crypto are good to invest in but take note and remember that whatever things
you are going to invest is do it your own risk always.
As for what I recommend - Brandtokens. io. Solution allows you to issue brand loyalty tokens on the public Ethereum Blockchain. Unlike loyalty points, tokens are valued in real-time and can be exchanged and transferred between users. Brands can reward their clients, like with points. Users can redeem tokens for discounts, products, and services. They can also exchange them for cryptocurrencies like Bitcoin or Ethereum. Brands can use their tokens to acquire new customers or reward loyal clients for purchases, engagement in social media, participation in events or sharing their personal data. But check out more on their website too
Looks ultimate and unique from your words. I will check out more
This sounds rational, I would say. But talking about you, are there many worthwhile and advanced solutions you are following now? Any you can recommend?
As for what I recommend - Brandtokens. io. Solution allows you to issue brand loyalty tokens on the public Ethereum Blockchain. Unlike loyalty points, tokens are valued in real-time and can be exchanged and transferred between users. Brands can reward their clients, like with points. Users can redeem tokens for discounts, products, and services. They can also exchange them for cryptocurrencies like Bitcoin or Ethereum. Brands can use their tokens to acquire new customers or reward loyal clients for purchases, engagement in social media, participation in events or sharing their personal data. But check out more on their website too
What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any field
This sounds rational, I would say. But talking about you, are there many worthwhile and advanced solutions you are following now? Any you can recommend?
What I believe here - not just waiting matters, but more exploring. For example, talking about me, I am not just focusing on one or another new product, but choosing the industry and start exploring. So basically, with such an approach I can get deeper into the market. And these days there is a strong product on almost any field
I think you should understand the market first before investing. Many people have different opinions about cryptocurrency market and most of them just making worthless comments. Do some research and make your own plan for investment. It's better to listen to yourself and have a plan at least. Some new coin worth of buying because of the project behind it.
He is right when he told you to invest in bitcoin however its not wise to invest just because someone says its a good investment and you'll gain from it.
Its important to have your own understanding and knowledge on where you're planning to invest. Do your own research then decide if its worth to invest your money or not.
It would be better if you mention the crypto he is talking about so we can give our opinions for that specific crypto.
Its important to have your own understanding and knowledge on where you're planning to invest. Do your own research then decide if its worth to invest your money or not.
It would be better if you mention the crypto he is talking about so we can give our opinions for that specific crypto.
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?
Firstly every new cryptocurrency is "worth" buying, this is what the team will say and also what every other person who is investing will say, but the final decision depends on the person who it is being introduced to, it is this same person that will decide if it's worth buying or not, and that person is YOU. Moreover, your friend was right about Bitcoin but nowadays, everywhere has changed with many scam projects coming up everyday, hence you need to be very careful. Like I said earlier, the final decision will depend on you, therefore start knowing more about the cryptocurrency it will help you know what and what to ask your friend or the team behind the cryptocurrency, thus, making that final decision.
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