andyou1234
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November 23, 2023, 04:32:08 PM |
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Currently in the crypto market there are lots of altcoins that have high capitalization, especially altcoins that are in the top 10, where these altcoins have great potential to give you profits, therefore I suggest you stay away and don't buy new altcoins, because these altcoins has a very high risk, but if you want to try it, in my opinion there is no harm, but do in-depth research so that you really know where the altcoin is going and is headed.
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FanEagle
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November 23, 2023, 08:30:31 PM |
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I honestly believe that new coins are not what I really want to invest into. This isn't to say new coins or tokens are bad, but it is really not what I am looking for in the market. I understand the ones who want to do that, they want to take a risk and in return of this risk either they will lose all their investment into it, or they are going to make unreal amount of money. This is the only way to make 100x if you ever make it, you can't just invest into bitcoin and make 100x return anymore, maybe back in the day but not anymore, that would be 3 million dollars, that ain't happening.
However, just because this is "possible" doesn't mean that it is probable, we will most likely not see it, look at the prices all right now, and look at it 2-3 years down the line, and see how many projects failed, and how many made x100, that's the difference.
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tvplus006
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November 23, 2023, 10:09:44 PM |
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...Just buy your trusted coin , invest what you can afford to lose and never panic when there is a dumping market because recovery will come that is for sure.
Not every coin's price is restored after the dump. Therefore, if you bought a shit coin whose price has decreased, you should not expect that the price will recover sooner or later. And as a rule, this happens with new coins that do not have a cohesive community and any utility.
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Sophokles
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November 25, 2023, 04:57:43 PM |
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It depends on which altcoin you are talking about. If you are talking about any meme project then it will always have risks. The altcoin market is very big and it has more than 10,000 tokens listed on popular price aggregator platforms. It is not possible to know about all the projects, so new altcoins are being made every day, and very few get community attention. It will be safe to stay with the most popular and those new projects that created hype in the market. Even pepe like meme project got listed in top exchange after the hype.
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mdzahed134
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November 26, 2023, 05:22:09 AM |
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There is always risk in crypto investing , either it is Bitcoin or Old altcoins but our deep understanding and knowledge is what needed for us to learn which is which.
there are even old coins that risky , sometimes bitcoin is also risky.
Just buy your trusted coin , invest what you can afford to lose and never panic when there is a dumping market because recovery will come that is for sure.
BTC is the number one coin all of the time, don’t make compassion it with others altcoins. You have to understand risk management, investing in BTC isn’t higher risk as like altcoins investment. So if you keep holding BTC then of course you will get good return but altcoins are too risky investment for all the time, it can be scam and if dumping hardly then it’s not sure it will be recover again.
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ivankoh
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November 26, 2023, 02:05:29 PM |
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New altcoins are definitely high risk. However, I think in reality there are still serious projects making efforts even though the market is still in a period of recession and regeneration. So I think new altcoins at this stage really have potential. Identifying them is easier than during an altcoin bull cycle. Regardless of these stages, Dyor and feel for yourself, consider and evaluate their quality before investing.
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super bako
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November 26, 2023, 05:48:46 PM |
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I honestly believe that new coins are not what I really want to invest into. This isn't to say new coins or tokens are bad, but it is really not what I am looking for in the market. I understand the ones who want to do that, they want to take a risk and in return of this risk either they will lose all their investment into it, or they are going to make unreal amount of money. This is the only way to make 100x if you ever make it, you can't just invest into bitcoin and make 100x return anymore, maybe back in the day but not anymore, that would be 3 million dollars, that ain't happening.
However, just because this is "possible" doesn't mean that it is probable, we will most likely not see it, look at the prices all right now, and look at it 2-3 years down the line, and see how many projects failed, and how many made x100, that's the difference.
Now I can only try not to expect anything higher with multiples of 100x rarely happening. Now the target of reaching 10x is very lucky for me. The new coins coming out now do have great potential in the upcoming bull season, it's just that each coin has a different significance. New things can bring change
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libert19
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November 27, 2023, 10:18:10 AM |
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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.
How do you judge altcoin tier? Regarding failed coins you mentioned, there is one thing in common that is those were into finance stuff (Luna on it's own was good chain but pegging ust to it, destroyed it) while the survivors are into pure blockchain stuff (except bnb, which is related to binance, cz resigning affected it).
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doomloop
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November 27, 2023, 04:29:43 PM |
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my suggestion it's better for you to invest in the top 10 altcoin on coinmarketcap (safer than other altcoin).
It's a very safe approach to only choose and invest in altcoins among the top 10, but for an altcoin to be good it doesn't necessarily have to be among top 10 cryptocurrencies listed in a certain website or an exchange because some altcoins might be good but they might not have the numbers to be on the top yet but they might eventually make it there. So, one shouldn't avoid all other projects and cryptocurrencies and just focus on the top ones as they may miss a lot of good opportunities because of that. However, an investor must do their due diligence about a project or a coin before they go ahead and invest in it because where there are a lot of projects with great potential, there is a high number of scams and shitcoins in the surroundings as well and one must dodge them all to become a successful trader/investor.
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Myleschetty
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November 27, 2023, 08:43:42 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.
How do you judge altcoin tier? I believe he judge the altcoin tier base on the community support level and foundation of the altcoin creation. If you look at most of the altcoin he listed some emulate the concept used to create Ethereum (example SOL, Matic) while some did have get community support base on it decentralization or core fundamental creation. Regarding failed coins you mentioned, there is one thing in common that is those were into finance stuff (Luna on it's own was good chain but pegging ust to it, destroyed it) while the survivors are into pure blockchain stuff (except bnb, which is related to binance, cz resigning affected it).
No, every crypto is on a good chain when it havent reach it's max usage. ETH was once sees as scalable crypto when it havent reach it max usage. For Luna and UST which is now USTC if we looking into the concept and utility of the project you'll there's no way it will survive in the long run.
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peter0425
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November 28, 2023, 04:38:36 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.
Why we do need some thing new? Of course these are the possible reasons. 1. Going for new tech or blockchains which are having that L1,L2,L3 or L4 and so on 2. People would be going into those projects on which they could potentially get 100x or 1000x or even more. 3. Sticking with top ranking ones which prices are already too high then multipliers of profits wont really be that big anymore you have pointed a valid argument mate and yes this is what mostly said specially those new project supporter though i stand differently , yes there are so much to look at in new chains and project but maybe I am tired of dealing with scam project , so I chose to invest in old ones and trusted , but you are correct that outdating is the main issues here and this is what new project wanted to break in. maybe I will try to look and understand new proejct again as how you put it here.
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bastian466
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November 28, 2023, 04:04:46 PM |
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It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
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rodskee
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November 29, 2023, 05:45:58 AM |
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New altcoins are definitely high risk. However, I think in reality there are still serious projects making efforts even though the market is still in a period of recession and regeneration. So I think new altcoins at this stage really have potential. Identifying them is easier than during an altcoin bull cycle. Regardless of these stages, Dyor and feel for yourself, consider and evaluate their quality before investing.
if we can only dig them hard to find? of course there are great new project still there but the problem is that since there are many scam new projects those legit one are being labeled as scam also (making it hard for us to distinguish which is which). Of course there are Serious project because they wanted to stay longer in serving crypto users, and some of them are staying in the market for longer time instead of just pumping and dumping. It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
the advantage of Old project is that they have steady investors and the potential to increase more is there while its disadvantage is the attacks that may bring FUD and of course dumping in the future.
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cryptoknightt
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November 29, 2023, 01:43:39 PM |
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I agree with you, Solana which was affected by the FTX case has started to recover from its decline of up to 10$, now it is stable at 50$ and heading towards 100$ next year at least that's my prediction ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tvplus006
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November 29, 2023, 10:48:14 PM |
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It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
This is a general rule of investing: the higher the expected profit, the higher the risks of losing your money. Therefore, anyone who has decided to invest in new coins should remember that instead of the expected profit, he can leave the market with empty pockets.
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kotajikikox
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November 30, 2023, 12:54:09 AM |
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It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
This is a general rule of investing: the higher the expected profit, the higher the risks of losing your money. Therefore, anyone who has decided to invest in new coins should remember that instead of the expected profit, he can leave the market with empty pockets. Have also read from other people here and out that The more you expect is the more chances of losing because every expectation is in the back are failure so yeah I agreed in all your opinion here. investing in new coins is like investing in more risky way of profiteering but yes if we wanted to earn better we must try risking a deeper. I agree with you, Solana which was affected by the FTX case has started to recover from its decline of up to 10$, now it is stable at 50$ and heading towards 100$ next year at least that's my prediction ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) isn't a s high prediction ? reaching 100$ for solana? well there is another increase standing to 58$ now so lets see what will happen in the next bullrun .
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November 30, 2023, 09:42:40 PM |
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It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
This is a general rule of investing: the higher the expected profit, the higher the risks of losing your money. Therefore, anyone who has decided to invest in new coins should remember that instead of the expected profit, he can leave the market with empty pockets. Have also read from other people here and out that The more you expect is the more chances of losing because every expectation is in the back are failure so yeah I agreed in all your opinion here. investing in new coins is like investing in more risky way of profiteering but yes if we wanted to earn better we must try risking a deeper. I agree with you, Solana which was affected by the FTX case has started to recover from its decline of up to 10$, now it is stable at 50$ and heading towards 100$ next year at least that's my prediction ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) isn't a s high prediction ? reaching 100$ for solana? well there is another increase standing to 58$ now so lets see what will happen in the next bullrun . And this is why it is really that important that you should really be that realistic at least when it comes to your goals because if you do find yourself trying out to be delusional and really that hopeful then it would really be creating out that kind of desperation on which this is something that must be avoided specially when you are hovering yourself into this crypto space. New altcoins are risky? Yes, it depends whether you do make out some research or not before investing. Somewhat it wont really be still that not an assurance even if you do make out your own research towards those projects because we know that developer could really just ran off with those funds and this is something that cant be known overhead. So on the time that you do make out some new altcoins investment specially on presale or on launching then it would really be your choice and speaking about risk tolerance would really be entirely be depending on you because not all would really be risk takers on which they would really be that focusing that much about on the profits that they could made if ever they do see the opportunity on getting in.
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el kaka22
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December 03, 2023, 03:39:24 PM |
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The situation as a whole is risky, because are not entirely sure what's going on, it is not like we are not doing anything that would be crazy, we are doing something that would be normal, and we can't really make it work any other way. I understand that we are talking about a situation that may not be all that crazy, and I get that it is going to be decent in the end and we need to end up with a decent situation, we are afraid that if we invest then we may do something wrong and we do not know which of these new alts are good and which are bad because there are thousands of bad ones and only a few good ones and we are usually quite unaware which one will be hyped and love and which one will be ignored.
None of this matters if you just stay away from them as a whole, it will make sure that you are not investing into anything new, which means that you are not going to have anything that will hurt you one way or another, and will be fine in the end, won't make you lose money.
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nimogsm
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December 03, 2023, 06:43:54 PM |
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It is definitely better to invest in an established altcoin than a new altcoin, but both have their own advantages and disadvantages. Maybe if they invest in a new altcoin, they hope to provide multiple profits, especially if they are encouraged by the coming bull season, they certainly hope to get high profits
in a bull market, many new altcoins will appear; this has always been the case as soon as the market is in good condition, the developers of new projects take advantage of the situation to attract as much money as possible, since no one is in a hurry to buy something new on the red market.
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2girls
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December 03, 2023, 08:21:24 PM |
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in a bull market, many new altcoins will appear; this has always been the case as soon as the market is in good condition, the developers of new projects take advantage of the situation to attract as much money as possible, since no one is in a hurry to buy something new on the red market.
It will always be the best time when we see the market has been turned green and we have seen that the altcoin listing will be increasing. Mostly projects wants their tokens to be listed on tier 1 exchange on those days on which they see the market conditions good. So now is the best time for the new project to come out in the market. Also a positive point for the traders to buy more and invest in only those coins which can give them opportunity to earn.
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