sulendra12
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August 17, 2023, 08:23:54 PM |
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I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies. Please share your opinion.
There are some quite potential altcoins out there to look out but how much actually the bad ones compared to good one is really high and most of people keep falling to pick the bad one. That's why most of the people are recommending to just pick the top altcoins and use your indicators to determine which one is good for you, or you can just experiment with the non-top ones. It's up to you once you have gain a good experience.
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goaldigger
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August 17, 2023, 09:19:58 PM |
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to minimize the risk, you should choose an altcoin that has been established. however, we know that many investors are willing to accept the risk of this investment. Even for Memecoin, there are still many investors who choose it. The advantage of choosing a new altcoin is that the price can rise to a higher level than the initial price, but the risk is that the price can fall some time after the coin is listed on the market. So, depending on the situation, if your goal is long-term investing then an established coin is the best choice, but if you want more risk, but high profit potential, then a new altcoin is one of them.
This could be the only problem with the new projects as they are competing with the established one and the only option for investors is to choose between this and know its maximum potential. There’s no wrong in investing with new project you just need to analyze, read their roadmap and know the risk because new projects can also be a potential scam.
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Lanatsa
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August 17, 2023, 11:57:33 PM Last edit: August 18, 2023, 12:48:24 AM by Lanatsa |
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I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies. Please share your opinion.
There are some quite potential altcoins out there to look out but how much actually the bad ones compared to good one is really high and most of people keep falling to pick the bad one. That's why most of the people are recommending to just pick the top altcoins and use your indicators to determine which one is good for you, or you can just experiment with the non-top ones. It's up to you once you have gain a good experience. Basing up with the current numbers of new launched coins adding up with the current number of coins in the market then it would really that hard on finding a potential coins or altcoins. It would really be just like that finding a needle on a haystack which it is really that challenging and this is why we do really miss out some chances on getting those coins that pumping up and leaving us some regret that why we havent seen it. Even investing on Bitcoin does really give out that kind of risk since there's no assurance in speaking about profits because we know that everything do really depends on the demand and recognition of the public or the community.Its never been safe since from the start and this is why if you are planning on making out some investment on altcoins then be prepared on the risks that you are dealing with specially if you are touching up some meme coins then this is something that it is really that too risk but something rewarding if you do hit it right.
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Xampeuu
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August 18, 2023, 01:47:22 AM |
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basically investing in cryptocurrencies is dangerous, therefore we should share the risk, it doesn't mean we don't invest in altcoins, but we have to minimize the portion of the risk. of course the biggest portion is in bitcoin, with us putting our nature of greed, and then it can be divided into several altcoins as you mentioned, considering that like LUNA, of course we have to be worried, it's different with bitcoin where if it happens like LUNA, then the world will end cryptocurrency, therefore using money management wisely is highly recommended
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el kaka22
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August 18, 2023, 03:00:39 AM |
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The extra added risk is something that some people like to do for some reason. I have absolutely no idea why they prefer that and why they are chasing that, but they like it because they think there will be a bigger return. In real world, though that is not how it works, they do pick something with bigger risk and in return most of the time they lose a lot of money.
Sure there could be some few people who could claim that they made some profit on things like doge for example, but look at Elon Musk's tweets during doge saga, there were so many people constantly spamming his replies about how they lost so much money on doge "because of him", obviously it wasn't his fault, they shouldn't have bought a coin just because someone told them to.
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raidarksword
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August 19, 2023, 04:00:33 PM |
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Not all new tokens are risky, there are some new project has good potential to succeed more in the market though we in the industry we are already involved in a risky business to begin with. So, if anyone are afraid to venture on new tokens might as well we stick to old coins or tokens that already have a solid background and foundation after all they made this far and we all can say that they are risk free. And buying as well during the crash is the best time to do so.
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ZAINmalik75
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August 20, 2023, 07:12:06 PM |
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Are new altcoins being too risky? Current market trend Basically market change thier trend with time like for some time it's stick with metaverse, them web and so on, so scammer target such trend and launch thier new project by taking advantage of trend hype, so some kind of newbie or new investors fell into his trap because they invest thier portfolio on the basics of current coin performance of these fake scammer project, so mostly such projects behave normal to get investor trust and then suddenly they sell most of thier supply and dump the entire coin price, so mostly we have seen that mostly new coin not even touch his previous ATH after dump and thus all investors were struck with huge loses, so in my view stay away from investment in new project you should for Ethereum which is the most trustworthy and reliable AltCoin while for extra safety and extra profit in long term investment you should go for the one and only Bitcoin
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kentrolla (OP)
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August 20, 2023, 08:01:00 PM |
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Obviously these sorry of scams are happening from a longer period of time i have seen many project advertising in this forum and then once the investors are pooled in they will just dump their shitcoin and disappear, we can just check number of altcoin bounties/projects advertised here in this forum for last one year and how many of them are still tradable and compare the ICO price worth current price we will hardly find any as most of them prefer third class exchanges to pump and dump the coins. It's difficult to rely on even the ICO ranking websites as they are bribed as well for better outlook of project.
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wxa7115
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August 22, 2023, 02:48:30 AM |
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Not all new tokens are risky, there are some new project has good potential to succeed more in the market though we in the industry we are already involved in a risky business to begin with. So, if anyone are afraid to venture on new tokens might as well we stick to old coins or tokens that already have a solid background and foundation after all they made this far and we all can say that they are risk free. And buying as well during the crash is the best time to do so.
I disagree, every single new project has a significant amount of risk attached to it, now you may invest in the best new project available and the risk would still be high, as even if that project may have a lot of potential, that potential is not a reality yet. Remember projects can collapse for all kind of reasons, like being hacked, one of the developers running away with the money, another similar project being released with better execution of the core idea of that coin and so on.
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Biznesmen
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September 20, 2023, 05:10:54 PM |
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I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies.
Please share your opinion.
The lack of interest in Tier 2 alt coins may not change, but investing in them does. Because not everyone is lured by the glitter. They adapted their actions due to their losses and the experience. Scammers, fake websites, and other influencers used to play a big part in crypto scamming, but today people are aware of them and on alert for them. Before making an investment, investors are reconsidering. Additionally, there are numerous scam detection tools and systems accessible today. Many people have debunked the myths around cryptocurrency. People are purchasing Tier 2 alt coins as a result, but they are conscious of their investments and their motivations. Even newbies are making purchases there, but their groundwork is solid nonetheless, thanks to all the reliable cryptocurrency guidance. People will fall into traps, but at least they are aware of what they are falling into.
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Husires
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September 21, 2023, 07:17:57 AM |
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You are the one who determines the amount of risk you want to be exposed to according to your investment strategy. If you want a low-risk, long-term investment, then investing in Bitcoin is your only option, but some people want to take more risks according to perceptions such as the possibility that the currency will rise due to some event, then trading or investing is for a day to A month, during which when profits are achieved, the capital or capital and profits are withdrawn. The strategy determines the standard of risk and the rate of exposure to it.
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jaberwock
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September 23, 2023, 08:54:54 PM |
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You are the one who determines the amount of risk you want to be exposed to according to your investment strategy. If you want a low-risk, long-term investment, then investing in Bitcoin is your only option, but some people want to take more risks according to perceptions such as the possibility that the currency will rise due to some event, then trading or investing is for a day to A month, during which when profits are achieved, the capital or capital and profits are withdrawn. The strategy determines the standard of risk and the rate of exposure to it.
Many people miscalculate that risk though, which is an issue. They think that they are investing into something so special that it will be the next eth, or next bnb or whatever "next..." something, and invest heavily into just one new thing with high hopes, which then goes down rapidly and make them lose it all. In that situation, they didn't think they were risking so much, they didn't consider that it would be horrible, what they considered instead was something that would be a lot worse in the long run, and that did not happen that easily. This is why I believe that we are going to end up with some trouble one way or another, and should be doing something smarter about it as well, and not really put money in these risky stuff, and learn what a big risk is.
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JeffBrad12
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September 23, 2023, 10:21:04 PM |
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then again it comes down to your toleration against the volatility in general, the thing with altcoin is that its usually having lower market capitalization than the long established coin making it volatile and therefore the chance of it losing its value in the blink of an eye is huge, you've seen many altcoins quite literally get dumped and lose 80% of its value and right now slowly dying when bearish occurring that is after the ftx incidents. therefore if you're not so sure just stick with the more established coin like bitcoin and ethereum. after all its suited really well for those that wanna invest in long term, if its short term maybe altcoin will suffice but the risk is still there.
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jasonjm
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September 24, 2023, 05:19:19 AM Merited by fillippone (1) |
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At the moment investment in new altcoins is very risky and you might end up losing your money. It is always better to invest in established projects that have survived the market for many years. It is better to invest in ETH, XRP, LTC and DOGE, compared to new coins. Although the ROI might not be very high, your investment will be somewhat secure. The majority of the new projects are actually cashing out the market sentiments. Market cap/ price does not determine the success of a project and should not be considered as a standard to invest. High market cap coins such as LUNA have failed miserably and people have lost billions. So was the case with FTX. In the past, we have scenes that most projects with a potential wiped out from the market. So, it is better to research before investing and try your luck in more established coins.
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TakeItEasy
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September 24, 2023, 07:50:40 AM |
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At the moment investment in new altcoins is very risky and you might end up losing your money. It is always better to invest in established projects that have survived the market for many years. It is better to invest in ETH, XRP, LTC and DOGE, compared to new coins. Although the ROI might not be very high, your investment will be somewhat secure. The majority of the new projects are actually cashing out the market sentiments. Investment in XRP is also risk, SEC is ruling over it. If Elon stop supporting Doge, it will turned out to be meme project again. All new coins are not risk, proper research needed before investment.
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blockman
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September 24, 2023, 06:18:35 PM |
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Investment in XRP is also risk, SEC is ruling over it. The case was done and XRP won over it. If Elon stop supporting Doge, it will turned out to be meme project again. All new coins are not risk, proper research needed before investment.
I don't think that he'll stop supporting it. But he'll continue to troll and play with it through Twitter account. He's loving the attention that's given to him and that's why we might never see him stop doing so. He's earning from it as well and that's why he understands that if he ever need some few chunks of profit like a couple of hundred thousands, he'll just need to talk about it and just do one tweet over it and then the increase will be visible so quick.
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fzkto
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September 24, 2023, 08:50:27 PM |
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At the moment investment in new altcoins is very risky and you might end up losing your money. It is always better to invest in established projects that have survived the market for many years. It is better to invest in ETH, XRP, LTC and DOGE, compared to new coins. Although the ROI might not be very high, your investment will be somewhat secure. The majority of the new projects are actually cashing out the market sentiments. Market cap/ price does not determine the success of a project and should not be considered as a standard to invest. High market cap coins such as LUNA have failed miserably and people have lost billions. So was the case with FTX. In the past, we have scenes that most projects with a potential wiped out from the market. So, it is better to research before investing and try your luck in more established coins.
Investing in any altcoins is always very risky. Of course old projects look more reliable than new ones, but if you do your own research, you may find some good new projects that may eventually bring more profit than old projects. Maybe you will get lucky and find a new Solana, or for example aptos will become a new giant.
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WalkerIVIV
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September 26, 2023, 01:45:38 PM |
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I disagree, every single new project has a significant amount of risk attached to it, now you may invest in the best new project available and the risk would still be high, as even if that project may have a lot of potential, that potential is not a reality yet.
Remember projects can collapse for all kind of reasons, like being hacked, one of the developers running away with the money, another similar project being released with better execution of the core idea of that coin and so on.
thats always the thing with investing in new projects, too much saturated with scams but some of them are indeed high quality like the ones coming out from reputable platform. therefore you need to choose diligently which one is promising, otherwise it will be the same as investing in shit coin that should be avoided because of scammy.
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AnisahSiti
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September 27, 2023, 07:06:23 AM |
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Please share your opinion.
I also think the same when it comes to crypto investments. It's better to invest in Bitcoin or top altcoins that are old. At this time when crypto is at its lowest phase, I prefer not to invest too much in new projects. Because this concerns investment and the limited funds that I have.
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peter0425
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September 27, 2023, 10:05:52 AM |
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That is absolutely right. Why? It is because we never see its market performance yet, unlike these old projects as we can have a basis of their performance in the past that can be used to analyze. We can't just rely on luck or those people that are behind these new projects because we are not certain of what will happen next. While investing in old projects, at least we have a clue as to where it goes as we already have seen their market performance history. It is a big factor to help us decide but for these new projects, we are just hoping for the best.
why we need to trust new when there are already good old project that making best. for years now we have seen those in ranking and some in top 100 that making act with good reviews and good actions , we can hope of course but we can dig the best option mate specially if we are giving our money inside. Please share your opinion.
I also think the same when it comes to crypto investments. It's better to invest in Bitcoin or top altcoins that are old. At this time when crypto is at its lowest phase, I prefer not to invest too much in new projects. Because this concerns investment and the limited funds that I have. perfect , why nneed to support altcoins when there is Bitcoin? I must admit that having some small part in altcoins , but I will keep buying bitcoin more and more before the halving.
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