Is the new cryptocurrency worth buying

[pilosopotasyo]

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?

You did not mention the name of the coin your friend is recommending you to invest, but it's different back then than today, the risk is very high just check at the many scam reports about a new coin, you should also do your own research and not rely on a friend to doit for you.

[CashbackLover]

Be careful with new crypto coins, they aren't that reliable, altcoins are good for short term profits like IEO on top exchanges but if you want altcoins so badly that you want to hold for long term pls choose from top altcoins

[Lantind]

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.

Yes, but before we try it we also have to check it first, because to know the clarity, transparency, and quality road maps is to research before trying it, rather than directly trying without researching.

[mace15]

Be careful with new crypto coins, they aren't that reliable, altcoins are good for short term profits like IEO on top exchanges but if you want altcoins so badly that you want to hold for long term pls choose from top altcoins

As been reiterated by many we have to be comprehensive in terms of buying crypto especially new coins in the market. Those new coin some of them are not good for long term nor profitable. We have different views on how we can grow our money and earn a profit, so in me, I also look for the top coins in the market when buying crypto.

[Teraboy]

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

it 's a coin that use DAG system and it's clear that if OP was talking about hybrix which is not related to the NANO. I think rather than nano and vite has a better mechanism in the creation of combination between DAG and decentralization.

[Bitbtc8]

Tezos is still undervalued, in the coming months I expect better growth from this altcoin, let your decision based on the quality of  the new altcoin, most new coins will fail but some will bring good ROI

[zaim7413]

Be careful with new crypto coins, they aren't that reliable, altcoins are good for short term profits like IEO on top exchanges but if you want altcoins so badly that you want to hold for long term pls choose from top altcoins

True, it is already very clear that the potential for good or not of the new Altcoin is not yet clearly seen, but what we see is that most of the new Altcoins are currently very difficult to develop because of the large competition from old Altcoin-altcoin that is already popular.

[tvplus006]

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.

In order for the new altcoin to be able to get to the Top of the Coinmarketcap rating, it will take a lot of time. You must decide for yourself whether you are ready to wait so long. After all, it may happen that after waiting for a long time, this altcoin will be useless to anyone.

[shollyen]

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.

Yes, but before we try it we also have to check it first, because to know the clarity, transparency, and quality road maps is to research before trying it, rather than directly trying without researching.

Despite the number of researches done, most coins these days tend to amount to zero within a very short period of time. just very few of them can vividly last to stand the test of time. In fact, it could be one out of every hundred and that is like 1% (although, that is not a statistical justification). Any cryptocurrency without a viable usecase and a strong product will always tend to be shortlived. A quality roadmap is just paperwork, le's see I working in reality. Working without nothing to show for it is not an excuse.

[Ifemini]

When it comes to buying new crypto currency tokens. There are vast and diverse reasons for that; and those reasons depends on each individual perspectives.
So to be frank, new crypto currency tokens are worth buying, and which is why in every ieo, trading charts there are buy orders no matter how little.

I would implore that you always do your own research before investment.

[Kong Hey Pakboy]

When it comes to buying new crypto currency tokens. There are vast and diverse reasons for that; and those reasons depends on each individual perspectives.
So to be frank, new crypto currency tokens are worth buying, and which is why in every ieo, trading charts there are buy orders no matter how little.

I would implore that you always do your own research before investment.

I don't think new coins are worth buying because even you look in trading charts, you will see there are more sell orders than buy orders.  I recommend you to buy coins that are in the top coins of the market because you will see these coins have better value and have a potential in the near future.

[cryptothreads]

Be careful with new crypto coins, they aren't that reliable, altcoins are good for short term profits like IEO on top exchanges but if you want altcoins so badly that you want to hold for long term pls choose from top altcoins

True, it is already very clear that the potential for good or not of the new Altcoin is not yet clearly seen, but what we see is that most of the new Altcoins are currently very difficult to develop because of the large competition from old Altcoin-altcoin that is already popular.

I think competition is needed so that these coins can grow better, and old or new coins are a good choice if the project has many new updates to investors. However, I prefer to invest in newer coins because these coins are very profitable for me, but the risk is very high.

Anyway, should also consider and think many times before deciding to buy.

[aioc]

Last altcoin I bought coming from ICO was two years ago but  I participated on so many new coin campaigns but unfortunately they are flush out in the competition in the market, and they are nowhere to be found, you are lucky your friend recommended Bitcoin but after Bitcoin  I don't think there would be another coin as great as Bitcoin, there are coin with potential but nothing could get fast Bitcoin.

[Ochakemaput]

Last altcoin I bought coming from ICO was two years ago but  I participated on so many new coin campaigns but unfortunately they are flush out in the competition in the market, and they are nowhere to be found, you are lucky your friend recommended Bitcoin but after Bitcoin  I don't think there would be another coin as great as Bitcoin, there are coin with potential but nothing could get fast Bitcoin.

I just like the new altcoin that has begun to develop after being registered in the market. they will usually fall, but when the update is done like the listing update in the new exchange it can make the move. even though it's not 100% successful, but I like it.

[Erumo]

I don't think new coins are worth buying because even you look in trading charts, you will see there are more sell orders than buy orders.  I recommend you to buy coins that are in the top coins of the market because you will see these coins have better value and have a potential in the near future.

Everything depends on what for you buy cryptocurrency. For short-term or long-term earning. And the amount you predict to earn. Buying top coins wont give big profit. They are already old and "worked out their recourse". Everything about them is known and their future is fully predicted by roadmap. They are only good for short-term. Not a single altcoin from top100 made 2x during last year.

With new altcoins everything is different. Usually they do not cost much, the project itself could be useless, but interesting for investors. With small investment possibility to get a lot is much bigger. And even if the alt didn't make 2x, you did not lose much.

[Zeke_23]

You have a good friend for suggesting you to invest in btc, but this new cryptocurrency, I think it depends whether the project is real, serious, and have a bright future. There are almost 90%+ of shitcoins in the market, one wrong investment, your money will surely lose from your posession.

[Davian144]

Despite the number of researches done, most coins these days tend to amount to zero within a very short period of time. just very few of them can vividly last to stand the test of time. In fact, it could be one out of every hundred and that is like 1% (although, that is not a statistical justification). Any cryptocurrency without a viable usecase and a strong product will always tend to be shortlived. A quality roadmap is just paperwork, le's see I working in reality. Working without nothing to show for it is not an excuse.

Yes, it is very true, whatever the project if the product does not exist, then they will not sell in public crypto, so it is very clear that usecase really needs to be developed by the project team so that their tokens and coins can sell in the crypto market.

[torrantz]

Last altcoin I bought coming from ICO was two years ago but  I participated on so many new coin campaigns but unfortunately they are flush out in the competition in the market, and they are nowhere to be found, you are lucky your friend recommended Bitcoin but after Bitcoin  I don't think there would be another coin as great as Bitcoin, there are coin with potential but nothing could get fast Bitcoin.

I just like the new altcoin that has begun to develop after being registered in the market. they will usually fall, but when the update is done like the listing update in the new exchange it can make the move. even though it's not 100% successful, but I like it.

It's not always like what you are saying right now. If altcoin provide a good progress and it can go up again but you should remember there are so many failed coins rather than successful coins. This is making the decision to invest in a new coin is very risky.

[kayvie]

Last altcoin I bought coming from ICO was two years ago but  I participated on so many new coin campaigns but unfortunately they are flush out in the competition in the market, and they are nowhere to be found, you are lucky your friend recommended Bitcoin but after Bitcoin  I don't think there would be another coin as great as Bitcoin, there are coin with potential but nothing could get fast Bitcoin.

I just like the new altcoin that has begun to develop after being registered in the market. they will usually fall, but when the update is done like the listing update in the new exchange it can make the move. even though it's not 100% successful, but I like it.

It's not always like what you are saying right now. If altcoin provide a good progress and it can go up again but you should remember there are so many failed coins rather than successful coins. This is making the decision to invest in a new coin is very risky.

Yes and most altcoin who had the same situation is nowhere to be found now. Most of them drop the price to the lowest becase there is no demand at all in the exchange. That's why most investors prefer to invest in the old coins than the new coins, though the risk is still there but it's better than buying the new other coin that suddenly drop the price to the lowest.

[lienfaye]

You have a good friend for suggesting you to invest in btc, but this new cryptocurrency, I think it depends whether the project is real, serious, and have a bright future. There are almost 90%+ of shitcoins in the market, one wrong investment, your money will surely lose from your posession.

Indeed new cryptocurrency is risky because of the increasing number of shit projects however there are also new project popping that has worth and good future but its hard to spot it. In order to know the new crypto that thas bright future we need to do an extensive research and dig deeper about the project. Remember you will invest your hard earned money thus its better to be careful when choosing where to invest.