Is the new cryptocurrency worth buying

[voteformeg]

if you sold 100 bitcoin at a price of 16000 it should not be a big problem to invest a little in this new cryptocurrency , your friend give you good advice earlier to buy bitcoin in 2013 but is there a chance that we could know what the advise of your friend is , i mean the name of that cryptocurrency??

[Vishnu.Reang]

I am someone who invested in a large number of little-known coins in 2017. Some of them worked for me, and some of them made me loss. If you want 100x or 200x returns, then you can't expect that from Bitcoin or Ethereum. Because these cryptos are already established in the market. You need to go for newer coins with small market cap. But then, very few of the new coins are worth investing in.

[eidoscore]

well you are old investor in Bitcoin since 2013 as you explain above, i think you have experience abut investing in altcoin since you start investing in bitcoin, so why not start research about the altcoin you want invested like your friend suggestion

[siajeen]

I think it depends on what new coins are bought because not all new coins are profitable. There are new coins that are not good because when they are listed at a high exchange rate, but when they start trading open to the public the price falls and there is no support from the developer.

[ScamViruS]

Do a good research before investing in any coin. No one here can guarantee you a recommendation. Since you have been involved with Bitcoin for a long time. And you've made huge profits from Bitcoin, so I think you know what's good and what's bad. Now that the amount of altcoin in the market, it is difficult to find good coins. There are lots of scam coins in the market. If you believe your friend's analysis and you like the project, then you can invest.

[Chrystora123]

I'm not sure about the new cryptocurrency that has just rolled, you have to be really thorough and dare to take risks when buying a newly sliding Altcoin..

snip..

You are right..  in the midst of current conditions is much safer if buy Altcoins that have been listed and listing on the exchange as a good investment, although there is also no certainty that Altcoins which have been listed on a large stock exchange can continue to survive and compete in the market..  

[Guryon_master]

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?

If what you have been said here is true,  then I will say that you are far enough from this statement. From 2013 to 2020 I believe that you have already heard many things about crypto specially your friend. So I suggest that if you want advice I think your friend now can help your concern.

[Valzador]

in the midst of current conditions is much safer if buy Altcoins that have been listed and listing on the exchange as a good investment, although there is also no certainty that Altcoins which have been listed on a large stock exchange can continue to survive and compete in the market..  

Buying altcoin already listed on the exchange will only give you a small profit if you are brave to take risks. I suggest you buy coins from community voting on the Binance exchange.

[Anish02]

Bitcoin is always good for the investment but if you are looking for new coins then there are some good coins that have tremendous potential in their growth. One of my favourite is BNB, it has given some of the really good profits and prove their worth. BNB is worth buying coin which can be good for the investment.

[Dondeon]

You need to understand that things are different from 2017 and 2018 now, back then we do not have so much competition like we have it now, so many projects are faking things just to gain the attention of the community and if you are not careful you will end up as a victim. Your friend might have got it right back then but you need a lot research and patience to get it right now. Don't just invest because your friend suggested it, but sure it is a good project.

[ScamViruS]

You need to understand that things are different from 2017 and 2018 now, back then we do not have so much competition like we have it now, so many projects are faking things just to gain the attention of the community and if you are not careful you will end up as a victim. Your friend might have got it right back then but you need a lot research and patience to get it right now. Don't just invest because your friend suggested it, but sure it is a good project.

You are right. Most investors make losses by investing in the advice of others. This is the wrong way to invest. I have seen many investors lose their entire money by investing only on the advice of others. And their crypto journey ended very badly. If you want to invest, you have to do the research yourself, so you can verify the good and bad.

[Sourhearrt]

Bitcoin is different from altcoins, your friend chooses right in the first place but this time around he choose altcoin for you, altcoins are more dangerous than Bitcoin, you need to make sure the coin is very well developed and has serious teams, good luck

[sorrros]

We learned from the year 2017 that coins could have a very high price, but the real value is around zero. That's why many of these coins are now traded with a 97% loss. Is it a good price to buy? Who knows, the price is same for 2-3 years and no one is buying it.  

[oscarftw]

I think there are many reasons an investor may choose to invest in a new currency. Such as the purpose of the project, how to implement the project, and the funding of the project. A successful project needs many determinants, although it will not initially develop as you expect. However, if the elements I mentioned that the new currency has, you should invest in it immediately, it will help you profit in the future.

each investor is, first of all, looking for profit and all the ideas that the project puts forward are actually not interesting to any investor, this what I think. people just invest money in order to withdraw several times more

We can be hard holders of any altcoins. But these coins should be like Bitcoin so we won't sell these coins, but that is only possible in a few coins. So most of the altcoins are for making profits. For the main topic Creator, what is the coin name that was suggested by your friend? Although we made several predictions, mostly all failed.

[E:]

Nano – The Instantaneous, Scalable, Feeless, Crypto.
the real crypto for real use.

[marks1976]

Bitcoin is different from altcoins, your friend chooses right in the first place but this time around he choose altcoin for you, altcoins are more dangerous than Bitcoin, you need to make sure the coin is very well developed and has serious teams, good luck

How dangerous the altcoin depends on how smart we can take the right time to enter the market. The timing and position will determine everything especially it will tell us how much we can make the bucks from the market, hybrid is slowly recovered again and I think it's not too late to enter as long as it's not over valued

[KenshinKen]

It depends upon on you, every new crypto-currency is worth a shot if the project itself is clearly transparent to community, quality roadmap, further events, etc.

[Iyanu14]

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?

I want to strongly believe to some extent that, from your first investment in 2013 till now, you must have gathered some experience on investment.  So you can make some research and come out with some quality decision on which coin to invest even if you were introduced to it.  Investing in new projects nowadays is very dangerous though not all of them, but it's only about 3 out of 100 new projects that really make it.  There are numerous developers nowadays who just want to gather some dollars from investors and run away.  This has really jeopardized the advent of the newly genuine projects from attracting investors.  So do some findings about any new projects you want to invest in.

[Reatim]

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?

Seems like your friend is a loyal and good because He pushes you to invest in bitcoin even way back that time Bitcoin is still struggling to climb up the price.
But now since 2013 i wanna ask you,haven't you learn anything in this market for 7 years of knowing cryptocurrency?
i mean does only Bitcoin is what you have learn for that long time?because you are asking here as if know nothing in market.
New projects can be profitable in short term basis,so if your friend is knowledgeable in crypto movement and how this works,then you may follow Him if he will going to invest himself but if he is only asking you to put money but he will not?then think twice.

[Dpat]

The new cryptocurrency may be worth buying but not for the long term investment. Only if you trade for the short time or make investment for 1 month or 3 month until you make profit, then the  new cryptocurrency investment become some worth to you. Nowadays there are many fake crypto are coming with their dummy project. So, be careful at the time of investment.