What are your goals when investing in new coins? Did you get a huge profit from the new coins? Can you recommend a new coin worth investing besides LUNA?
I cannot deny that Luna may be able to give big profits from investors that bought LUNA at the lowest price at that time. Because right now, the rice rises higher.
However, I am not sure enough that if we are investing right now, it is still a good idea. I am not sure of this.
That is why if we are a high-risk taker, I prefer to choose other coins that may still have a chance to rise bigger. On the other hand, if we are not a high risk taker, why should invest in altcoins? Bitcoin will be safer, right? ANd this will be probably higher return when being in the next bullish period?
Many people blame LUNA for not getting in and out at the right time. If we are among the people who sold LUNA when LUNA reached the ATH price
two months ago, we would be happy that LUNA could give us a big profit. Therefore it all depends on the decisions we will take, because our decisions
will determine whether we make a profit or experience a loss. How can we make the right decision, it all comes back to us, we have to do research
and analysis before making a decision, to convince us to make the right decisions.
It's true that new coins can bring big profits, but the risks involved are also very large. Therefore, if we are not people who dare to take high risks,
we should avoid investing in new coins. Because there are other ways to make big profits without investing in new coins with high risk. Like investing
in Bitcoin which has a low risk, it can be a safe choice for us to make big profits. But it's possible to get big profits from Bitcoin it won't be as fast as
we make big profits from new coins. Because usually we have to be patient holding Bitcoin for the long term to be able to generate large profits.