Advice from a stranger

[Cairo_Finance]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

The condition of cryptocurrency market depends from economic situation in the world.
The economic situation in the world does not change and the crysis continue to develop.
There must be reasons for the rise of the market.

The economic situation in the world did not change but cryptocurrency market continue to rise and more and more people pays attention to digital assets.

[Rufsilf]

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

in my opinion abaout that There is absolutely no doubt that new altcoins have a lot of potential. The fact that they have such low values means that there is plenty of room for growth, and thus an opportunity for investors to reap large returns if they invest correctly. However, this opportunity only exists if you're willing to take on the associated risks. There's no guarantee that new altcoins will skyrocket in value, but those who put their money behind the right ones will certainly see some serious returns.

I disagree, we don't have a basis for them as potential but most likely we see them as failure and scam projects, why? As per to see and based on what I experience, the majority of the new projects are scams. We can just tell if they have such a thing POTENTIAL when tested already but presumably, they are known to be such a thing as "scam and failure", and that is hard to change as this is what really happens nowadays.

[Fredomago]

This is an observation that I have made myself as well, when it comes to traders which become profitable the vast majority of them are conservative, those which are aggressive may make some money during the short term but at some point in time they're going to make a mistake and they will lose a great deal of the money that they have won already, so if someone is thinking about taking a risk with new coins I will suggest that at most they use 5% of their capital and the rest goes to good and solid investments like bitcoin and ethereum.

Experienced traders are more conservative when dealing with their money. They are keen on success and not to take higher types of risk. Small profits are good or better than big profits that accompanied by high-risk investment. I'm sure not all will agree, but there are more investors and traders who look for securement of profits than risking like gambling and mostly ended up losing their money.

[Tony116]

This is an observation that I have made myself as well, when it comes to traders which become profitable the vast majority of them are conservative, those which are aggressive may make some money during the short term but at some point in time they're going to make a mistake and they will lose a great deal of the money that they have won already, so if someone is thinking about taking a risk with new coins I will suggest that at most they use 5% of their capital and the rest goes to good and solid investments like bitcoin and ethereum.

Experienced traders are more conservative when dealing with their money. They are keen on success and not to take higher types of risk. Small profits are good or better than big profits that accompanied by high-risk investment. I'm sure not all will agree, but there are more investors and traders who look for securement of profits than risking like gambling and mostly ended up losing their money.

I agree, before becoming expert investors, they also went through the stages of newbies and they also lost a lot of money on such useless investments. Therefore, experienced investors do not like high risks to get big profits.

This only happens to newbies because they assume that everything is really simple, all they have to do is invest, wait for the price to rise, and they will become rich in a very short amount of time without knowing the risk they have to take.

[cryptosru]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

The economic situation in the world did not change but cryptocurrency market continue to rise and more and more people pays attention to digital assets.

Cryptocurrency market continue to develop but the adoption in digital assets continue to grow.
Cryptocurrency becomes more popular and in demand.

[Russlenat]

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 would say it’s possible but not most of the time because most of the new projects nowadays are only clone from bitcoin, or from old established altcoins, which do not guarantee if they can survive  the market uncertainties or if they can sustain the demand of the crypto community. Although there are exceptions but it only happens if that project has high potentials to grow and of course not motivated with greed.

[Viscore]

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.

I think once the project is promising, it will always meet the market demand and will sure to grow along with time. Regardless if its old or new, the most important is it can survive from the bear market and also grow along once the market returns to bullish. However, I would suggest to choose those old projects for investment as they have proven their utility cases, unlike new projects which we can’t be sure if they would end useful or useless in time.

[Defi_space]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

Cryptocurrency market continue to develop but the adoption in digital assets continue to grow.
Cryptocurrency becomes more popular and in demand.

The adoption of digital assets continue to grow but it very difficult to say how long will be the rise of the market.
More and more people use digital assets and the popularity of cryptocurrency grows.

[Mr. Magkaisa]

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.

You know that depends on whether the progress of the project is enjoyed by many communities and sees good results in accordance with the roadmap they have, and shows transparency at least in this regard. Although I do not deny that there are also new projects in the crypto industry that also provide good income in the future, but, however, although most of them do not become successful in the end only a few get good results in the end, this has mostly been the case ever since.

[keyscore44]

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 would say it’s possible but not most of the time because most of the new projects nowadays are only clone from bitcoin, or from old established altcoins, which do not guarantee if they can survive  the market uncertainties or if they can sustain the demand of the crypto community. Although there are exceptions but it only happens if that project has high potentials to grow and of course not motivated with greed.

At the moment, 90% of the cryptocurrency market is speculation, so looking for a project whose price rises without regard to human greed is rather impossible. Where there is money, there will always be greed, so I wouldn't try to consider that at all.
Of course, the investment risk is always there, but the better research we do, the more we are able to reduce this risk. In my opinion, when the prices of all cryptocurrencies are falling, the best solution is to invest in those that price cannot fall, i.e. stablecoins or completely new projects, the price of which is just at the very beginning and cannot fall and may only rise.
Recently I invested in www.pussdao.com because it is a DAO project entirely managed by the cat loving community. It is decentralized and completely secured by a smart contract. The price is still at the bottom as the project has not even completed its first phase of development yet. In my opinion, when the new bull run starts, this project has a chance to repeat the success of DOGE and Shiba.

[yazher]

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 like gambling your money when you invest the new coins that aren't been there for the last years because most of them are pump and dump coins that are only created to lure those who are rushing to make a big profit in crypto. Once they took the bait, they will gonna dump their coins and leave you with countless reasons to believe they will gonna comeback which is their last moment to talk to you before leaving. You really need to consider not to believe in those kinds of speculations but rather make your own research about certain coins before investing in them.

[jrrsparkles]

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.

Yes it is true but not completely because the actual fact is not every project is successful, almost 99% of them are failing in long term so now you decide whether you want to go with 1% success rate or an existing coin with less returns?

[Angry_Kitty]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

The adoption of digital assets continue to grow but it very difficult to say how long will be the rise of the market.
More and more people use digital assets and the popularity of cryptocurrency grows.

It is good that cryptocurrency market continue to grow. The rise of the market attracts more attention.
Many people pays attention to cryptocurrency and monitor new projects that appear on the market.

[og kush420]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

The adoption of digital assets continue to grow but it very difficult to say how long will be the rise of the market.
More and more people use digital assets and the popularity of cryptocurrency grows.

It is good that cryptocurrency market continue to grow. The rise of the market attracts more attention.
Many people pays attention to cryptocurrency and monitor new projects that appear on the market.

That is correct - but those who are old investors in the crypto are making good profit.
People get the idea of new coins and they dive in the pool of crypto without research - sometime they end up in huge loss, but if they are okie with to loose the money they can take a risk - otherwise play safe.

[nurilham]

Its quite true. I have made a x50 from a financial advice from a random stranger. But its a double edged sword: you can easily lose x100 from random cryptocurrency advices. The most important thing is doing your research and determining the feasibility and longevity of a project

It is too risky, moreover if the stranger advises you to invest in a certain new altcoin. This may be a scam. That is why being careful is very important in investing the crypto. Let alone following a stranger, even when we ourselves have done the research, sometimes we are still not sure. Therefore, investing in new altcoins is indeed very risky. That's why I personally still prefer to invest especially in Bitcoin only.
It may be different if we are investing in top altcoins that exactly have value, strong fundamentals, and also high cap. Although it is also still risky but at least less risk than the new one.

[Ziskinberg]

Its quite true. I have made a x50 from a financial advice from a random stranger. But its a double edged sword: you can easily lose x100 from random cryptocurrency advices. The most important thing is doing your research and determining the feasibility and longevity of a project

It is too risky, moreover if the stranger advises you to invest in a certain new altcoin. This may be a scam. That is why being careful is very important in investing the crypto. Let alone following a stranger, even when we ourselves have done the research, sometimes we are still not sure. Therefore, investing in new altcoins is indeed very risky. That's why I personally still prefer to invest especially in Bitcoin only.
It may be different if we are investing in top altcoins that exactly have value, strong fundamentals, and also high cap. Although it is also still risky but at least less risk than the new one.

Trust should not be given easily to anyone, especially to strangers. Though we welcome their opinion and listen to their suggestion, and are even open to discussion with them. But if that will talk about investment, we can't just simply say YES, of course, we need to do research in order to verify the legality of the project and much more to see its potential, especially for new projects. Many had fallen and become victims to the sweet promises, that is why we should stay on focus and stop being greedy, or else.

[MCobian]

Its quite true. I have made a x50 from a financial advice from a random stranger. But its a double edged sword: you can easily lose x100 from random cryptocurrency advices. The most important thing is doing your research and determining the feasibility and longevity of a project

It is too risky, moreover if the stranger advises you to invest in a certain new altcoin. This may be a scam. That is why being careful is very important in investing the crypto. Let alone following a stranger, even when we ourselves have done the research, sometimes we are still not sure. Therefore, investing in new altcoins is indeed very risky. That's why I personally still prefer to invest especially in Bitcoin only.
It may be different if we are investing in top altcoins that exactly have value, strong fundamentals, and also high cap. Although it is also still risky but at least less risk than the new one.

I'm not sure that advice from a stranger can give positive results, especially in an economic crisis situation like now. Many people only think of
profit for themselves. So my advice is that we better trust the results of our own research and analysis when investing in crypto. There are
so many incidents of influencers promoting new projects, which in the end end up being a scam. Of course, the risk is very high if we follow
the advice of a stranger. After all, no predictions are 100% accurate, so don't just trust advice from strangers. If indeed we do not have good
analytical skills, there's nothing wrong with just focusing on investing in Bitcoin, which has been proven to be safe. Meanwhile, if we want to invest
in altcoins, so far, in my opinion, only ETH and BNB are safe enough as investment options.

[2lica]

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.

During this market conditions, whatever you invest in and the project survive, will make you profit. The new altcoins have high X potential, true, but the tricky part is to evaluate which project has potential, survivability and can bring some kind of innovation or improvements to the blockchain.

[Cairo_Finance]

Old projects are overvalued and that is why many people are lookind for new and prospective projects. But the most important to evaluate the potential of the project to understand how useful it will be in the future like this https://my.ebinity.com/en/register

It is good that cryptocurrency market continue to grow. The rise of the market attracts more attention.
Many people pays attention to cryptocurrency and monitor new projects that appear on the market.

It is hard to say how long the rise of the market will be because the economic situation does not change.
A lot depends how long the economic crisis will continue.

[Natalim]

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.

During this market conditions, whatever you invest in and the project survive, will make you profit. The new altcoins have high X potential, true, but the tricky part is to evaluate which project has potential, survivability and can bring some kind of innovation or improvements to the blockchain.

And that you need thorough research. Though listening to some advice is not wrong as indeed right, however, we don't just trust them too fast. Investing in new projects is really risky and has higher chances of losses rather than making a profit. Not that I say it was a wrong idea nor it was good, but it was also important we know more about the project we would like to invest especially when it wasn't proven yet like Bitcoin and ETH.