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Author Topic: Is it risky to invest in new crytpo coin/tokens?  (Read 1288 times)
witbla
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July 26, 2020, 01:11:04 PM
 #121

I would say that we cannot talk about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview
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July 26, 2020, 01:12:24 PM
 #122

I would say that we cannot talk about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

Hey, I am having similar views. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation
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July 26, 2020, 01:13:47 PM
 #123

Hey, I am having similar views. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap
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July 26, 2020, 01:14:19 PM
 #124

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap

Exciting, but can you please tell more details on the solution, please?
witbla
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July 26, 2020, 01:14:44 PM
 #125

Exciting, but can you please tell more details on the solution, please?

Yes. ClinTex are a solution provider to the pharmaceutical industry, and the team behind CTi – Clinical Trials Intelligence: a new type of software platform aimed at transforming the medicine development industry through the application of predictive analytics, machine learning, and the novel use of blockchain technology and smart contracts in clinical trials. Check the website
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July 26, 2020, 01:25:40 PM
 #126

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It is a bullshit promotion, how to take no risk? If there is no risk, you may have become a billionaire when investing in it. Don't get newbie stuck with projects like this
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July 26, 2020, 01:33:16 PM
 #127

Investing in crypto already risky enough and yet you are looking for new coins mostly doesn't make their project ready and price or the team has no track record. Well they can make you earn a lot but probably you may end up big loss.
The whole cryptocurrency industry is very much risky, investors has learned their lesson in a hard way back in 2017. Many ICOs got the business bad reputation and investors lost their funds, this still happening till date. I wouldn't advise anyone to invest their hard earn money into new crypto projects but an existing projects with good reputations.

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July 26, 2020, 01:47:43 PM
 #128

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap
If the road map is really saturated, why do you recommend Clintex IO for others? if you don't like Clintex io, then don't give recommendations for other people who can also make him bored on the project road map.

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July 26, 2020, 02:16:02 PM
 #129

The one I can definitely recommend you to have a look at is Clintex io. This is entirely new standards on the field with really saturated roadmap
If the road map is really saturated, why do you recommend Clintex IO for others? if you don't like Clintex io, then don't give recommendations for other people who can also make him bored on the project road map.

it is obvious that he is here to shill his token no doubt about that. A good token does not need much hype,  few days ago a blockchain project Avalanche raises $42 million in a public token sale. I don't think lots of people heard about it until after they sold out their token.

As regarding the topic, it depends on what the token has to deliver, I'm very sure lots of people here have had a regret selling some new cryto coin or token too early. In my opinion if you find a new coin or token that has a lot to deliver don't hesitate in buying them

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July 26, 2020, 03:01:03 PM
 #130

New coins have more profits in them than old coins but risks that are present are too high, if you know nothing much about crypto do not even try to find new coins, you will get hurt, it's not easy for newbies to detect better new coins since they lack experience

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July 26, 2020, 03:11:42 PM
 #131

The risk when it comes to cryptocurrencies is inevitable whether it is a new coin or an old one. Both have their own risks associated on it due to the volatility innate with the crypto market. The only difference of the two is the rate of the risk associated in them because when it comes to old coins, people have already know which is the good or the bad ones since they have been established for quite sometime and they have already set their popularity, impression and reputation to investors. On the other hand at the part of new coins, they have a higher risk since they were just newly established and people are still into discovery if they are worth the risk for investment or not. It is just that people are still verifying the existence of the new coin because there is still no record of it on the market.

Well, risking is the first step we have tried at the first days of our investment journey most specially those people who are already here when the crypto community was first established. It is a way of learning about the new existing coins and based on what we learn from experience on investing into it, we jump into conclusions and have a review if ever it is worth the risk or not. Both old and new coins are risky it is just that sometimes you need to risk to be able to learn. But for newbies out there, doing research and having basic knowledge must be the first thing to be done to lessen the probability of taking risk on investment.

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July 26, 2020, 03:24:58 PM
 #132

Risks can easily results to loss, ask yourself if you are ready to take any loss blows, if it's a yes then new altcoins are good for you as this can bring good ROI than other popular coins, still you need to do research to limit your losing chances
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July 26, 2020, 03:39:21 PM
 #133

Depends on how new. Are we talking about brand new that is taking funds for the first time today type of new? Like literally the first ever day of ICO that still hasn't received even one dollar yet type of new? Or are we talking about late stages almost over ICO stages of new? Are we talking about ICO gone but its first 6 months of their existence on an exchange new?

I mean the last one is not that bad, you end up seeing what they are made of and like 4-6 months of their performance on the exchanges, that way you end up seeing what they did so far and how they are doing. The other ones who are in the ICO process could differentiate, they could be late stage and you can see something, not a lot but a tiny glimpse, or you could go into something brand new in even ICO process and just risk it all the way.

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July 26, 2020, 04:11:47 PM
Last edit: July 26, 2020, 04:41:36 PM by Jannyh
 #134

For you to be successful, then you must be ready to take calculated risk, new projects might be risky as well as profitable,all you need to do anytime anyday is to do some finding outs before investing,good new projects might give good return of investment which can run into double of your investment as you are buying the bottom.

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July 26, 2020, 04:24:11 PM
 #135

investing in cryptocurrency is high risk, but if you don't dare then the opportunity to get rich will be wasted,
this technology is still very young, there is still a chance to become big

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July 26, 2020, 04:25:24 PM
 #136

For you to be successful, then you must be ready to take calculated risk, new projects might be risky as well as profitable,all you need to do anytime anyday is to do some finding outs before investing,good new projects might give good return of investment.
What you say is what investors always do in crypto, except for investors who are new to crypto, they also don't want to throw money away for a project that has no clear direction, checking is the main thing they do before investing.
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July 26, 2020, 04:26:31 PM
 #137

Highly risky unless is a top coin with lots of background and support from investors. New projects with unknown teams and reputation usually do bad and are synonym of losing value at a steady pace once they get listed on an exchange. The only good reason to buy a position in a new project is if you're planning to trade it or are 100% of the potential.
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July 26, 2020, 06:07:22 PM
 #138

Generally, crypto investment is a risky venture that's why it is important not to risk more than you can afford to lose. Most people tend to lose their investments even before the project tanks when the investor enters with a gambling mind (money doubling), becomes emotionally attached, blindly follows some project shillers without doing their homework too.

In either case, profit and loss comes with risks. Life itself is risky, but choose your level of risk so as to avoid stories that touch the heart.
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July 26, 2020, 06:24:36 PM
 #139

There are a lot of scam projects where new tokens/coins are introduced. It is sometimes very tough to identify the legal project when it comes first to the market. That's why to invest in new coin or token is risky. Rather it is better to invest in old and stable coin.
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July 26, 2020, 07:59:08 PM
 #140

There are a lot of scam projects where new tokens/coins are introduced. It is sometimes very tough to identify the legal project when it comes first to the market. That's why to invest in new coin or token is risky. Rather it is better to invest in old and stable coin.
It is practically impossible to determine what the project is and, most importantly, how much profit it will bring. I don’t invest in new projects.


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