Are new altcoins being too risky? Current market trend

[Ludmilla_rose1995]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

[colinistheman]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

Many traders skip the background verification of the owner profile before investing their real money.The money will be hard earned one by the traders.So it doesn’t take huge time,only 2-3 hours for complete check of the background verification of the project.If the social media account of the owner was real,the trader can choose that altcoin.The important one is the new altcoin will take more time compared to the old potential altcoin.So the crypto traders should have the more patience in the cryptocurrency trading.

[rodskee]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

But the thing is how do we distinguish if the development team are legit or just a dummy ?
We have seen those scammers that uses names or even faces just to pretend they are a
 legit and good project knowing that not everyone in this space have that deep knowledge
how to dig them all.

[bitterguy28]

When you decide to buy a new token, the first thing you have to do is check the development team, if there is a big name in the new token (for example Vitalik Buterin) then don't hesitate to invest in it, what is dangerous is when you invest in it. new tokens that have absolutely no trusted people on their development team, this is what usually happens with shit coins or shit tokens

Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.

[colinistheman]

Yes this is what we keep looking because that will validate what future this project is and of course their roadmap and whitepaper , though in time this has not been the basis yet if there is a good team behind then their paper and maps must be accurate to serve their investors and bring them assurance to what they might be looking forward.
and also for them not to fall from being seller when the coin/token enters the exchange in which many investors are doing even from the past.

The roadmap will give us the additional information about the project,in most of the announcements thread the trader can use the roadmap section to know more about the project in detail.Because the roadmap had the original owner detail and the every quarter plan of the particular year.Even you can check the owner profile in the social media to know the real project or not.Investing at the right time was the good way of trading to get good win from the trading of the project.The listed exchange also play the huge role in the liquidity of that particular project.

[Jose Mourinho]

I think all altcoins are not free from risks, whether they are new or altcoins that have been in the crypto market for a long time, but by conducting in-depth research and analysis, these risks can be minimized properly.

[saladin7000]

I think so, new altcoins have a very high level of risk, therefore before starting to invest relatively new altcoins, it would be a good idea for you to do an in-depth analysis of the altcoin, so that there are no big losses in the future,