ven7net
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July 09, 2020, 03:27:47 PM |
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Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
This is a very good question. The main thing here is not to forget that any investment has risks. Somewhere they are big, somewhere less, but they are always there. Is it worth investing in new coins or tokens? Of course it’s worth it, it’s just that you need to approach this matter very responsibly. Now the market is full of different crypto projects and cryptocurrencies, which means that it is more difficult to make a choice. But all this does not prevent other people from earning investments. Someone is just lucky, but someone knows how to analyze information and make the right choice.
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Ryushin
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July 09, 2020, 03:30:18 PM |
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New coins are risky to invest on right now, even if you see a good one there is no guarantee that price will keep rising after few months later, do your own research and take only 5 to 10% of your fund to invest on new coins, the remaining 90% fund should be into Bitcoin or Ethereum
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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July 09, 2020, 03:36:03 PM |
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I see there are a lot of the new project (coin/token) that successfully launched and has been trade in the popular exchange like binance, OKEx and etc and has a high price as well. Look at the chainlink, vechain and many more who has a high price since its price in pre ICO.
I agree there are successful projects and they have provided good ROI to its ICO contributors/traders/investors as well. But, I am sure there should be at least 100 more projects looked good with all the criteria you have mentioned but now we are seeing most of them already got delisted from exchanges and few never managed to get listed on exchanges and few others are trading in unknown exchanges for the pairs against ETH or USDT with the value less than 1 satoshi. I mean it may not worth to risk to get good returns from one or two projects out of 100 scam projects. Your returns may not be enough to cover your capital itself. when you choose a project and the project has trully function in the future <snipped> for human being you don't need to worry to hold it for long term pariod.
I tried to hold few altcoins and tokens but I was not profitable in long run. I'm sure I am good with my due diligence still I could not cope up against highly planned scams. There were so many good projects with respect to team members/road-maps/white-paper, still they had failed to develop the project, they have promised; not sure what went wrong with them or they were all same team and might have planned up scams in high level so that no one could suspect them.
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Review Master
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July 09, 2020, 03:37:59 PM |
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Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
Well i think , all should buy those shitcoins when dump at $0 value. It's just a joke. If anyone ask me for investment in new crypto coins/tokens or strategy , than i will say don't believe any alts for long-time profits, also don't blindly believe in coinmarketcap or other statistics providing site because most of the recently added coins/tokens are using bot/fake trading to get listed on CMC and other sites like coingecko, livecoinwatch etc. So, it's not good for any investors by just obtaining the summery of a coin/token. Try to invest in those coins which are in the top exchanges and have been trading with a large volume and try to findout that volume is real or fake. Also try to invest/trade in those alts which going to have some major events.
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FireBallex
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July 09, 2020, 03:40:00 PM |
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If I have to invest in any new altcoin it will be a big project that's introduced by binance or other top exchanges, these exchanges have done their part screening the project before allowing the project on their exchange, binance most especially who cares most about reputations, I trust binance judgement but still I do my own research too.
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Kasabus
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July 09, 2020, 03:43:46 PM |
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New coins are risky to invest on right now, even if you see a good one there is no guarantee that price will keep rising after few months later, do your own research and take only 5 to 10% of your fund to invest on new coins, the remaining 90% fund should be into Bitcoin or Ethereum
There's always a risk in crypto investment even if the coin is already known in the market but it's more risky if we invest in a newly coin or token since we really don't know how well it will perform in the market. So it would be better to make a good research first before taking investments so you can minimize your losses if ever things won't come out the way you expect it.
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Balladtony77
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July 09, 2020, 04:08:33 PM |
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Best new coins will aim for top exchanges like binance through IEO launchpad, you can jump right in for quick gains or wait for few months because value will surely drop and buy your bags, you should do research on the IEO projects too, binance aren't perfect
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bittick
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July 09, 2020, 04:11:26 PM |
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Yes it is risky to invest a new crypto because high chances that they can turn scam or the price will still down and never can get up. If you really like to invest a new crypto maybe you better research the project carefully so that you will not waste your money.
If you were choosing the untrusted coin and it will be ended as exit scam coin and that's they the reputation of coin must be considered as the main factor to determine how good the coin that will be chosen by us to invest our money. It's not about picking it randomly.
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gwaposakon
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July 09, 2020, 04:23:47 PM |
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I think any investment in crypto is risky. With the volatility and unpredictable nature of the crypto market, the risk is always involved. But one should be disciplined, bold, and firm in holding or trading their crypto-asset so that great rewards will be achieved. The market right now is not for the faint hearted.
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robelneo
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Enjoy 500% bonus + 70 FS
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July 09, 2020, 04:40:09 PM |
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At the current market condition, it is quite risky it is very rare to find a coin with good potential, projects to invest and promote is like a box of chocolate you never know what it will turn out or what you are going to get, just take a look at KingCasino everybody thought it's a great project it turns out these people are scammers and there was no hint even bounty manager do not have an idea that they will scam people.
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Twentyonepaylots
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July 09, 2020, 04:58:30 PM |
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Most new coins are build by greedy developers, many if them aim only on money making, they are less determined on their project success
it would be okay if we develop something that can change the future , develop it with heart according to our passion without minding the money . You can't deny the fact that projects are businesses, it's all about the money after the project's goal coz finding the goal is finding where the money will be coming from, this is also why a lot of projects are failing because of incompetent aims. Projects these are easily holed, you'll see a lot of these that are only copied from the past, the worst? they don't even change a single feature, as is. in that way we will not be tired of developing it and we will not notice that money will come around . can you guys imagine that feeling ? i can imagine it . this crypto world will be a greater place if all devs are like that .
For the projects to be innovative, there should also be changes in the world where it will be applicable. From what is happening now, I guess there will be more utility tokens in healthcare system.
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JeotQ
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July 09, 2020, 05:45:34 PM |
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Telling you not to take risks with new altcoins is like telling you not to seek for more knowledge about cryptos, this was how I got better in this space, I've lost some money I know but I learnt more by taking risks, seriously no risk no reward, if you aren't up for risks then stay with top altcoins
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konflikkastil
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July 09, 2020, 09:03:37 PM Last edit: July 09, 2020, 09:28:12 PM by konflikkastil |
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I think investing in altcoins should be done with proper investigation about the coin itself. It's like going into a business, and there are thousands of things attached to it. The investor must know about the crypto market before going into investing in it. Because failure to do so, could leads to total lost of the money invested. But one thing I know is that investing in new Crypto sometime can be risky, not only risky but very risky. It must be done with care and proper monitoring.
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michellee
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July 10, 2020, 03:57:54 AM |
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Telling you not to take risks with new altcoins is like telling you not to seek for more knowledge about cryptos, this was how I got better in this space, I've lost some money I know but I learnt more by taking risks, seriously no risk no reward, if you aren't up for risks then stay with top altcoins
Actually, if they can use their time to research at the market, they will see that there are many altcoins or tokens that they can buy while the market is not yet fully recovered. They can buy more than 5 coins and hold it, so when the market starts to recover, they will have a chance to make a profit, and they can avoid the risk to get scam from the new coin. But buying the old coin or token will not always guarantee them to make a profit because we still need to search for the right coin.
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Alohadanc3
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July 10, 2020, 04:20:07 AM |
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This market is always risky. Cause it's highly volatile. So be careful. Now come to new coins. It depends if the new project is already strong already in a strong ieo or have to much hyped then it's better to avoid at first. But the project is really good you can go for it. Mainly most of the projects talked too much in their launched but when they come to market they are nothing but trash. So whatever it is be careful about your pick and always do some research before investment.
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ahsang
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July 10, 2020, 04:38:23 AM |
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If you are planning to invest for a long time then I think it is not so risky. It might be risky for short periods. Along with risk it is also high profitable if invest in strong project based coins.
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numpadxx5
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July 10, 2020, 05:32:02 AM |
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Most new coins are build by greedy developers, many if them aim only on money making, they are less determined on their project success that's why I don't have plan of holding new tokens for long time, I'm more satisfied with old altcoins
New coins is very risky to invest, Because we never know what will happen after it's launch , Even project with successful crowdfunding in popular exchange can fail if the developer don't have future plan with it and later on the project is already neglected and cause the token valuation to dump.
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Buttercup123
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July 10, 2020, 05:34:18 AM |
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Risk is already factor in investing itself, coming from the word. Even if you invest in top coins like Bitcoin, you're still at risk. There's no such thing as "safe investment" especially we're talking about a volatile market. It it just that the community hype as well as the content of the coin to be invested is what makes us rid of the mindset of fear.
Well you're right even top coin is risky, I remembered that i bought eth with a highest price or ATH and then the price goes down, I hold it with few months hoping it will recover it's price but it won't then i sold it because i need a money.
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103deltafox
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July 10, 2020, 05:35:40 AM |
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Which ever coin it is, I think you shouldn't rush to buy, even if you miss it, there are opportunities everytime, so make sure to carry our research on a coin you want to hold for long, there are some new coins thst are good but some old altcoins are already trusted,so you could choose which Ur research welcome, and also know coins to hold for short term and take profit,so all new coins are not totally bad, but know that every investment be it new or old might have some level of risk and you should be able to manage it.
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adzino
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July 10, 2020, 05:53:05 AM |
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Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
Most of the new coins and tokens that arrive are mainly trash coin and ends up being a scam coin. So I would say, yeah it is risky to invest in new crypto currencies and tokens. I would rather stick with old and well known crypto currencies like Bitcoin, ethereum and so on. If you are using only information and statistic taken for coinmarketcap, then you are doing a big mistake. Learn about the coins first before looking at those statistics. Statistics can be easily manipulated.
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