Is the new cryptocurrency worth buying

[Greatchu]

We can't decide if the project is good enough for you or not, and I believe that your friend choose right when he picked Bitcoin for you but now I'm not sure because we don't know the name of this altcoin you talking about, if I were you I will diversify that money of different top altcoins

[Paycoinzzz]

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 worth it if it's one of the hot projects. There are many good coins now being developed like CTSI, Wazirx and the special thing is that it has a great community. We can invest anytime, but make sure you learn about the project or coin before you join. We need to understand it to have an accurate future judgment of it. Therefore, please analyze first and make a decision later.

[Kotone]

Now this cryptocurrency is not listed yet and can only be purchased internally.

Can you drop the name? Cause the thread is too long already but you cant say what is the name of the project. Of its being solf internally means, they are just a new project conducting a crowdfunding source. You should share already the project name cause it seems your stalling and creating hype or suspense for everyone here. We wanted to see if its like btc with potential, if your friend suggest btc before then maybe his good on recommendation.

Will wait for the project name and screen if this is really worth a risk.

[$anounimus$]

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?

Nice to hear your story, you have friends who care deeply about you, both in terms of finance and investment. For the first suggestion from a friend is very perfect and for the second suggestion you better run the first suggestion. This only in my opinion. why, because you already feel the fit back. if just try try the decision is on your own. invest in what you understand and have done.

[Novatech8]

Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk

[Chuky92]

No coin will ever be like Bitcoin, that's the first thing to know so that you can have an open mind when taking decisions. Secondly, your friend was right the first time who knows he might be wrong this time around. Thirdly, with the rate of disappointments coming from new altcoins nowadays, to invest in most of them, one needs to be extra careful. Therefore my only suggestion and opinion is, you ask him questions about the project he wants you to invest in, then make your own research and compare what you were told to what you found out to be sure you are on the right track. If you are still skeptical but still wants to invest, maybe you can consider short term investment.

[rahmatullah9305]

Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk

Yes, basically everything has a risk, and risk also has its own level in a thing, so whatever Altcoin we choose is certainly not far from risk if the situation changes suddenly, so in this case I agree if we really have to be more careful in choosing Altcoin.

[kramat]

you should mention more clearly the new altcoin intended by your friends, if altcoin is in the top 10 coinmarketcap then it is worth to buy it but if altcoin is still in the IEO stage or new listing then you have to do a lot of research first, don't believe in what you say other people, even though your friends have made you rich by asking to buy bitcoin in the past

[SyndicateLabs]

Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk

Yes, altcoins can crash at any time and make us lose. In the past 3 years most altcoins have died and prices have dropped many times. If you want to invest in altcoins, we need to reseach very carefully

[_JamesBond_]

Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk

Yes, altcoins can crash at any time and make us lose. In the past 3 years most altcoins have died and prices have dropped many times. If you want to invest in altcoins, we need to reseach very carefully

The purchased cryptocurrency is issued internally. It will double after the listing and then sold. Is it feasible?

[LogitechMouse]

Sometimes, being ignorant with yourself will make you lose all of your money.
Being ignorant will make you create decisions that you will regret to in the future.

Doing an in-depth research on this "new cryptocurrency" your friend is saying is still the best way to know if that coins is worth it to invest your money with.
In my opinion, I don't like to invest into these new cryptocurrencies as I've seen numerous scam attempts by different project developers already. I know how much the profit you can get if you are investing into these new projects but the risk of getting scammed is very high. Investing in new project/coin is like gambling that it is a high risk but high reward.

In the end of the day, it is your decision that matters since it is your own money.

[_JamesBond_]

Sometimes, being ignorant with yourself will make you lose all of your money.
Being ignorant will make you create decisions that you will regret to in the future.

Doing an in-depth research on this "new cryptocurrency" your friend is saying is still the best way to know if that coins is worth it to invest your money with.
In my opinion, I don't like to invest into these new cryptocurrencies as I've seen numerous scam attempts by different project developers already. I know how much the profit you can get if you are investing into these new projects but the risk of getting scammed is very high. Investing in new project/coin is like gambling that it is a high risk but high reward.

In the end of the day, it is your decision that matters since it is your own money.

The capital market is more like the animal world, only people who smell the prey in advance can go longer

[WSDN]

Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk

Yes, altcoins can crash at any time and make us lose. In the past 3 years most altcoins have died and prices have dropped many times. If you want to invest in altcoins, we need to reseach very carefully

Altcoins are no longer the same as before and are easily manipulated by others, so generally you will need to be more patient before buying. I think some secure large coins like Bitcoin or Ethereum are the number one options in this market. However, you will not be able to get rich from these two coins, so you need to find the coins that have just appeared in this market to become richer.

[Festac]

There are many new promising altcoins that you can buy for bigger gains in near future but be warned, the unexpected can happen so I suggest you don't put your eggs in a single basket, diversification is the best

[Adrian_007]

I am keen on investing in new cryptocurrencies, especially those issued internally. If possible, I would like to further communicate with you

[proTECH77]

The cryptocurrency recommended by a friend can only be purchased internally, and it will take a while to be listed

How does thatake it legit? Any cryptocurrency that has such promise are liable to end in scam mate, many of these ideas are from discord groups that will brainwash their members to be in them. The clear purpose of any project is to get their coin listed in a good exchange for the betterment of their investors. Be wise and don't be fool  by these scammers ravaging the industry with fake trust.

[Free1bitco.in]

Now's the time to part ways, mate.
Don't.
Just stay in Bitcoin although there are many "other cryptocurrencies" that we called altcoins, many of them, especially the new ones, don't survive the night because of how many dumps happen at the blink of an eye.

everyone's perception is different. however, I feel that people who invest in new coins are people who want to take a big risk. however, some people want to seek security by choosing the coins above, such as bitcoin, and ethereum. I honestly chose ethereum so far, it's just that bitcoin is also a priority compared to new coins.

[SolarWindMiningCompany]

I'm buying little amount of some crypto that does have some new or unique consensuses. In case maybe one of it becomes great. I like kadena, zilliqa, solana, radix, perl and harmony

These are quite some old assets. Except for Solana but I must confess categorical are okay. However I do wonder what happened to pillows becoming the next ethereum as claimed by the team and community

[YOSHIE]

Now my friend W has recommended a new cryptocurrency to me. Should I invest?

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.....!

[_JamesBond_]

I am keen on investing in new cryptocurrencies, especially those issued internally. If possible, I would like to further communicate with you

I am very happy to meet friends who are passionate about new cryptocurrencies. If you want to communicate further, you can send me a private message