Is the new cryptocurrency worth buying

[brrzzz]

You always need to look for something new, the world does not stand still (this was the case with electricity, the Internet), but in order to stand I have to keep my roots.

[_JamesBond_]

PLEASE! DYOR. Even if your friend was a good guy and it doesn't give a guarantee for you if you will be choosing the right project. You must try to decide based on your decision after you have already researched the project.
DYOR is a must.

You should not even trust your friend and if that was a good project and it will worth to buy.

Thanks,I will do my homework first. m friend works at the Monetary Authority. he has his own channel news. I will go to investigate the authenticity of this project. perhaps this will be another opportunity for me

[sujonali1819]

To be honest most of the new crypto projects are scam now, So obvious these you will not agree to buy the scam crypto projects. Again you can find some new tokens but legit, such as they have pure team members, They have a clear and unique whitepaper, clear roadmap, also they are investing from their own pocket to marketing the project, this type of project is worth to invest.

And as always say me to investigate first before investing your hard-working money. Don't get trapped by greedy offers.

[Greatdev]

New coins are high risk investment, you need to be sure that the project is capable, by start doing research on the team and their plans about the project, you need to ask questions, yes, if a project is bad or have bad plans they will avoid questions

[shoreno]

To be honest most of the new crypto projects are scam now, So obvious these you will not agree to buy the scam crypto projects. Again you can find some new tokens but legit, such as they have pure team members, They have a clear and unique whitepaper, clear roadmap, also they are investing from their own pocket to marketing the project, this type of project is worth to invest.

 

if they can market thier project using the money from thier own pockets then that means they dont need to crowdfund or do an ico so how can you be able to find them ?  but i forgot that they still have thier token that will be listed on the exchange later on .

  that is a hell lot better than investing on pre ico  . new crypto is worth buying because there are hidden gems under this category  but the only disadvantage is its risky obviously

[freedomgo]

DYOR, that's a must, we can't generalize by saying that the new cryptocurrency is worth as it's not new to us that there are a lot of scam projects in the market, what I can advise is just to always be careful with choosing coin to invest, do the math carefully since 10% or less are the number of projects that are legit in the market.

[reallester]

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?

Should you always invest in a cryptocurrency because your friend recommended it? You should at least always DYOR especially when you will be investing huge capitals in the currency.

[_JamesBond_]

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?

Should you always invest in a cryptocurrency because your friend recommended it? You should at least always DYOR especially when you will be investing huge capitals in the currency.

Not yet，some times，I will not invest heavily

[Byakuga]

Your friend was probably right back then because he choose the best coin ( Bitcoin) but what makes you think he choose right this time? Some he choose altcoin for you he might be wrong, altcoins are unpredictable

[Byakuga]

I'm even curious what the name of the altcoin is, if the selected coin is not
1. Litecoin
2. BNB
3. Ethereum

Or other old top altcoins well I suggest you take a step back and do some research, also make sure you invest only what you can afford to lose

[qomariah95]

Feasible and improper depends on the new crypto project. If investors see that the new project has an opportunity, then it is not wrong to contribute or invest in new crypto. If we look at it in general, this new project is now mostly a scam and a scam. so it is difficult to find projects that can truly turn a profit.

[Wysi]

I would request you to do a market research and choose the right set coins before investing in them as market is completely different than what it was back in 2013 or 2017 as the market is more saturated and mature now it's not as easy to get invest and cashout with profit as it was in the past. I would request you to learn and altcoins before investing into them in order to avoid any loss.

[fortunecrypto]

The market can and will accept new coin that can contribute to the development of the industry, just this year I saw two projects with good potential and they are new coins in the market MASS and IDENA, they never did an ICO which is good and they doing good in the market,although IDENA is still in testnet.

[LbtalkL]

Not yet，some times，I will not invest heavily

Many members above have asked you what coin that your friend is recommending but you are ignoring them, Why not share it here so we can give our own feedback on that specific altcoin right? We are here to discuss we cannot discuss further if you don't give any info about that coin. Well, Always DYOR (Do your own research). If I am in your shoes I will invest on top altcoins because it is low risk and safer. But I am not closing my door on new altcoins with potential.

[ethereumhunter]

That will depend on what new cryptocurrency that is recommended to you. If the cryptocurrency is the altcoin, then you should stick with bitcoin, and only use some money to invest in an altcoin. But if that is out of cryptocurrency, and that is a new thing, then I think you can invest with that, but you must search for more information so you will know what kind of investment that your friend told you.

[Latines]

Friend, you owe nothing to anyone. The question is do you want this. If you have increased capital, then leave the money that you had at the start and work further with profit. If you lose everything, you will remain with your own, and if you increase your income, you will be doubly happy.

[serjent05]

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?

Well, if you are interested, then why not dig in for more details of that cryptocurrency.  There are lots of worthless token projects that claim to be the next BTC or ETH.  I know you are mature enough for this kind of thing since you have been in the industry since 2013.  Or, if you trust Mr. W that much then just invest the amount you can afford to lose.  There is no harm in gambling if you only gamble the amount that will not affect you.

[torrantz]

Your friend was probably right back then because he choose the best coin ( Bitcoin) but what makes you think he choose right this time? Some he choose altcoin for you he might be wrong, altcoins are unpredictable

His friend has made a new recommendation for OP and it's not about his friend was saying bitcoin the best investment but as long as the coin has a very good reputation and i think it's not a wrong decision to invest on it. It's better for OP to do his own research again whether it's a good coin or not.

[TanakabZX]

If you can get the name of this new altcoin then people will drop their different opinions about the project on here, but the truth is new coins can't be trusted, you have to be extremely careful or you can lose all your money

[luckyflop]

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?

Surprisingly, you bought BTC in 2013 and sold them in 2017. It's been a really long time and you sold everything when they went to the top, if what you said was true. I believe you have enough experience to choose new projects to invest at the present time