Advice from a stranger

[Tamedbeast]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

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[TastyChillySauce00]

Is it true that new altcoins are the best to invest in right now?

No, it's not true. It's better if you are investing your money in gold for the to make it stable. How come you didn't even aware if the volatile market like altcoins are very profitable if you can manage it so well. Altcoins have been dumping to the bottom. You can only speculate once it recover and it can give you huge return. The risk is also very high as well as the profit.

Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

I would like to call that not an easy task to be done by someone new in the crypto. Old altcoins have big mcap while the new altcoins have low marketcap and the chance to growth for the new altcoins are still big.

[cryptoaddictchie]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Partly yes. If the project is really good and has potential, then youll take advantage of being the early bird investor on that. But there are lots of projects that didnt survive because there is no product and use cases, even they got a new project they still failed to deliver and ending up losing investors fund.

But you cant go wrong on old projects that are just experiencing a mild bear scheme since we are on the consolidation phase. Still worth to invest if you find its price more appealing now.

[robattfield]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

I think the problem raised here is not clear enough to give specific advice. Because I see in this market there are many things like the OP asked the problem and vice versa, new or old projects are not how I search but based on criteria such as the ability they solve to find opportunities. festival. And going deeper, you will look at the market potential that the product brings, and of course, the factors surrounding the fundamental analysis of the project cannot be omitted, as well as looking at the market condition. How it worked, whether ongoing issues could provide opportunities for participants. So, always look at problems from different perspectives, both positive and negative, and balance the benefits and risks that they create.

[cloudfir3e]

Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already

I myself do not agree with this statement which is still not necessarily true.

the new project does not yet have certainty about what will happen in the future because it is still in the process of developing and marketing the project.
when compared to old altcoins that already have clear value, new projects still have a very small or even uncertain possibility of being able to get a better profit.

[hashrateproducts]

Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already

I myself do not agree with this statement which is still not necessarily true.

the new project does not yet have certainty about what will happen in the future because it is still in the process of developing and marketing the project.
when compared to old altcoins that already have clear value, new projects still have a very small or even uncertain possibility of being able to get a better profit.

Old projects still brings Profits to traders and investors but not as the new projects. New projects bring gigantic profits but old projects bring Profits but not as hugh as new projects because the old ones have already hits their target and they later dump inother to recover back. Altcoins which have come into existence in the Crypto space still have chance to survive especially the ones that have strong community but the ones which it's community is not strong always lead to dump.

[Bitstar_coin]

Not just any new altcoins but the ones that have something to offer. although sometimes you can find new alts with so much hype a good investment, some investors are easily influence by hype of a project and can lead to such project to be successful even with no real potential. Thus, you should be careful with new projects, some can be profitable and others can be a pain.

[Reid]

Don't believe anything you hear or read.
It would be best if it all came from your own research not because there was a gossip circling around that trends in social media or anywhere you got it.
This is where new investors are rekt and they start to hate investing in cryptocurrecies after their own mistake.

Old is trusted. Most of them have built roots and they are not weak ones. There may be less profits but the risk is also lesser than new ones.

[Davian144]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

I think it's a very bad idea because the new altcoin of the new project is a product that really needs more marketing and also promotion to become famous so the potential for profit is very little when compared to the old altcoins that already have value in the market. Just imagine with the current conditions when creating a new product to be known by many people, of course it is very difficult, right? So it's better for you to just choose an old altcoin that already has value such as ETH, BNB, and also others that are clearly good.

[Hyphen(-)]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

That is not a better idea, because while it may work and you may make a very large profit when the market recovers, the risk is very high because you don't know anything about the project, and many people have not heard of it for reputation reasons. It is better to invest in an already known project that has a price drop due to the bear market, as there is a good chance of recovering after the bear market ends.

[killerfrost]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

It is both right and wrong, which is both good and bad. I see that the project is also new here. It is not the criterion by which we make judgments. In the small aspect that we talk about trending projects, they will increasingly lose viability. in the market. We've all seen that the majority of projects in the crypto space are underperforming, and the index is less likely to demonstrate capabilities as well as drag the market into action. So, by finding a project according to some specific criteria of profitability, we will know whether the project itself is good or bad or if our skills are bad or good in this market.

[Yaunfitda]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

Of course since they are cheap, you can get 10x or higher with altcoins. Problem is which altcoin? as most of them are just meme or shitcoin so it's really hard to pick which one, it's like looking a needle in a haystack. And I would say that you have some element of luck too to be able to invest early on this good and solid altcoins and then make money out of it, in the future. So yeah it could be true, but it's not that easy. So for me the best thing is to just invest of solid altcoins in the top 10 and then wait for the next bull run in 2024-2025.

[traderethereum]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

That's not necessarily because there is no guarantee that the new project can provide better returns than the old project.
If you can figure out which new projects might explode upon release, you'll make a big profit, but if you don't, you'll run the risk of holding on for longer.
Investing in any project will have risks, depending on how you can control them.
Only use the money you can afford to lose if you want to invest.
That's what you have to remember.

[alara14251]

you have to make your strategy for investment and risk management plan. blockchain is a new technology so there is huge project which is never gonna be work. that's why bear market is good . it will give us the idea which project will be work in the future . so right now it's not a good time to invest in a new project . but if you understand the project fundamental very well & you are sure this will sustain in future you can invest . it will give you much more return then bitcoin.

[Kelvinid]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

It was you who could decide but to tell you that the majority of these new projects can't be trusted. Though I few of them are legit but can't say they are sustainable and reliable projects for long-term investment as many of them are just about to die after the accumulation and hype. I don't want you to believe and be fooled by those sweet promises as they are likely scams.  Research is vital but I suggest you take a look at old projects rather than these new things.

[danherbias07]

It ain't entirely true. Always doubt new projects coming out in the altcoin industry.
There's no way you could tell if they will make you profit from investing in it or not. That's the reality of it and I suggest you keep that in mind.
DYOR. That's the only possible thing you could do to lessen the risk of your investment being scammed or becoming dust.
It's true that old coins will not make you rich unless you are investing huge amounts but there's also the fact that they can make you money even for just a bit.
I guess I will just use the old proverb. "High risk, high reward."

[raidarksword]

Any project within top 20 on the coinmarketcap during this bear market is good to buy hence some tokens were down half the price from their original price during the bull seasons. If you willing to risk it and of course that risk is all worth it when the market recover in full scale.

[Silberman]

Is it true that new altcoins are the best to invest in right now? Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.

This is a horrible idea, now it is true you can make more money with new altcoins than with established altcoins but that is only one small part of the equation, the majority of the new altcoins that you see being released each day will collapse without giving any profits at all, so you will need to have a tremendous amount of skill or luck to select the coin that will skyrocket while its price is still that low, and since most people cannot do that then the advice given to you by that stranger needs to be disregarded, as you simply have no way to profit from those new coins.

[shinratensei_]

Investing in the new coin will always be giving the more opportunity compared investing in the old coin that already priced so high. I think that anyone aware about that. that's why people prefer to search for the new project rather than focusing to invest in the existing project with huge ROI that already achieved.
The main reason must be if they can make more money from investing in the new coins rather than old coins. Old coins were only good as long term investment but the ROI will be very low compared with the new coin.
That's why such advice was making sense these days. Low marketcap and huge chance to pump

[Ulven]

The goal when investing should always be to grow your money and make it last longer. The chances of a new project to have better returns than the old one is always there. If you can predict which ones will explode the most, you will lose less money when they do and make a profit when they don't. Investing in any project has risks, depending on how well you can control them.