How Sure Are You That You Invested In A Right New Coin?

[huu78]

I am sure if their projects are real and have offices in their country and we can visit to make sure that they are right there. But most are not and they use a fake team photo to manipulate investors into interest and blur.
It is difficult but yes we must be clever in reading such conditions such as reading the Roadmap, whitepaper, team, social media, etc.

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[Nawrod]

You cannot be 100% sure of your choices. Not is the cryptocurrency world. My choices are just based on my experience, but if you are a beginner, I recommend you to learn the market first, do not invest too early. Plus, you can check the new CoinDeal's feature called Galaxy Score which could help you to decide which coin is worth buying. As far as I know, it's okay

[tambok]

Although I am confident with the coins that I am investing, still it is not gaving an accurate result. It really depends on the market and on the project itself. Investing is a gamble no assurance at all, no guarantee that you will always win with what you are investing.

But for me, it is better to try and try (of course with proper research and risk management) rather than doing nothing.

[Gotumoot]

I am sure if their projects are real and have offices in their country and we can visit to make sure that they are right there. But most are not and they use a fake team photo to manipulate investors into interest and blur.
It is difficult but yes we must be clever in reading such conditions such as reading the Roadmap, whitepaper, team, social media, etc.

Even ICO campaigns have Office, We should not trust them immediately. Many ICO campaigns last year had a similar fraud strategy.

What they do is they are looking for a Country Ambassador to rent an office for their ICO campaign to make their company look more credible. And once they collect huge sums of money into their ICO they will disappear like bubbles and the angry investors will focus on the country ambassador who just wants to earn money for promoting scam ICO campaign.

[Burogh]

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

I will feel confident investing in a coin when the coin is actively traded in a large exchanger. In addition, the active developer team in communicating with investors and the community gives its own confidence

[gensol]

You can't be sure of this. Many projects come with promises which never gets fulfilled for years. Some come with little or no promise but make positive remarkable impact within a short time frame. There's no knowing from the start if a project is right or wrong.

[landoffaucets]

When you invest in Bitcoin, you can be 100% sure that you didn´t make a mistake, but when you are looking for altcoins situation is little bit difficult.
For example Ethereum seems like a right altcoin, but it has very bad history connected with DAO hack and hard fork, so it is really decentralized?

[JessicaVL]

Look, you can almost never be 100% sure - there is always going to be an element of risk. But if something doesn't seem right, definitely wait it out. Rather buy in later than run the chance of losing money. Also, doing your own research is absolutely vital. Don't just trust what comes from other people - make really informed decisions. I trade on Vertex, and it feels a lot more secure since you're buying P2P from other traders.

[K4C]

I can answer this question with confidence because I know that before investing in any new coin or project, I do mydue diligence on it and even though my instincts and research has occassionally failed me, those are definitely the minority, DYOR always and ignore what people say.

[South Park]

You cannot be 100% sure of your choices. Not is the cryptocurrency world. My choices are just based on my experience, but if you are a beginner, I recommend you to learn the market first, do not invest too early.

How I wish that more people followed that advice, when they hear about the market of cryptocurrencies they are excited about the profits they can get but they never think about the losses they could suffer, and we know that if you are a newbie investor the chances that you are going to lose your money are many times higher than the chances that you are going to earn a single dollar, the markets are not going anywhere you can use your time to learn and once you ready then you can invest your money in whatever coin you may like.

[Coroline]

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

at the moment I am not interested in investing in new coins, although they promise a good concept basically the market will determine. but if it attracts many people I will join because it has the potential for the future