Ludmilla_rose1995
Full Member
Offline
Activity: 1666
Merit: 167
Buzz App - Spin wheel, farm rewards
|
|
May 19, 2024, 10:42:57 AM |
|
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
|
|
June 05, 2024, 07:01:53 AM |
|
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
Full Member
Offline
Activity: 2548
Merit: 205
yahoo62278
|
|
June 05, 2024, 12:16:03 PM |
|
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
Full Member
Offline
Activity: 2184
Merit: 182
“FRX: Ferocious Alpha”
|
|
June 06, 2024, 06:11:06 AM |
|
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
|
|
June 17, 2024, 09:21:44 AM |
|
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
Sr. Member
Offline
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
|
|
June 17, 2024, 07:03:00 PM |
|
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
Sr. Member
Offline
Activity: 500
Merit: 250
PredX - AI-Powered Prediction Market
|
|
June 17, 2024, 07:51:30 PM |
|
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,
|
|
|
|
fauzan Ichsan
Full Member
Offline
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
|
June 21, 2024, 02:35:44 AM |
|
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. However, a road map is not always a benchmark for the success of a project, especially for a new project, of course it will be made in such a way that it will be visible after some time and in accordance with the planned schedule, so there is indeed little hope about the project. In fact, we can invest in new altcoins safely, of course the investment portion is also a small portion of the capital, so that the security of our funds is maintained
|
|
|
|
Psalms23
Full Member
Offline
Activity: 546
Merit: 105
#SWGT PRE-SALE IS LIVE
|
|
June 21, 2024, 01:12:37 PM |
|
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
|
|
|
|
rhodelmabanal
Full Member
Offline
Activity: 1251
Merit: 103
Buzz App - Spin wheel, farm rewards
|
|
June 22, 2024, 05:58:39 AM |
|
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.
Well i agree on that i also see how the new altcoins drops, very disappointed on some new coins because after being launch in the market it really drop down i dont know if i am the only one experiencing this bad experience so for now o was only looking on some old altcoins that experience dip and invest into it and hold even in a long terms it is better to hold for a long term than losing funds in a minute by investing new coins.
|
|
|
|
colinistheman
|
|
June 22, 2024, 06:31:26 AM |
|
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
Not all the new altcoin are risky one,because even a Ethereum was launched as new coin and ruling the altcoin market.So if the project is really a potential one,it will shine in the market for the longer period then expected duration.Even the Ethereum core team doesn’t think,the Ethereum will shine like this at the initial phase.Some project does work for the short term duration by generating capital and fly with the small bag of profit.If the project ready to shine for the longer period,it should be loyal to their investors and supporters in the market.
|
|
|
|
d3nz
|
|
July 08, 2024, 08:42:49 PM |
|
Surely, new altcoins can be super risky, especially cuz they often don't have a proven track record. The crypto market's pretty volatile right now, with prices swinging up and down wildly. Some investors see potential for high returns, but many altcoins fail or get caught up in scams. It's a mixed bag, and folks gotta do their homework before jumping in. I'm sure thats basic knowlgde.
Not all the new altcoin are risky one,because even a Ethereum was launched as new coin and ruling the altcoin market.So if the project is really a potential one,it will shine in the market for the longer period then expected duration.Even the Ethereum core team doesn’t think,the Ethereum will shine like this at the initial phase.Some project does work for the short term duration by generating capital and fly with the small bag of profit.If the project ready to shine for the longer period,it should be loyal to their investors and supporters in the market. It's all about the development of and features of the altcoin, some of the altcoins are cheap at the start but after a couple of months or years the price are going up but this will still depend if it has potential like Ethereum. And right now, even though there are new altcoins we still need to research before we put our money into it. Investing in BTC or altcoin is risky and you don't know when the market will go up or down, and that's why knowledge and experience are a must before you jump into the cryptocurrency world.
|
|
|
|
colinistheman
|
|
July 10, 2024, 07:33:09 AM |
|
It's all about the development of and features of the altcoin, some of the altcoins are cheap at the start but after ma couple of months or years the price are going up but this will still depend if it has potential like Ethereum. And right now, even though there are new altcoins we still need to research before we put our money into it.
Investing in BTC or altcoin is risky and you don't know when the market will go up or down, and that's why knowledge and experience are a must before you jump into the cryptocurrency world.
The team effort also responsible for the growth of the coin price,the marketing strategy followed by the team was important one for the growth of coin or token in the market.The Ethereum price had reached the value of 3k dollars,this was the good news for the Ethereum investors.The traders who choose the potential coin to inverse money will get return from the investment after some period of time.If you want to inverse in the new altcoin project,better to check the background of the project for the safety of your money.
|
|
|
|
Samurai trieng
Member
Offline
Activity: 1060
Merit: 11
|
|
July 10, 2024, 07:50:11 PM |
|
After I studied several relatively new altcoins, I to the conclusion that most of the new altcoins have a very large risk when compared to altcoins that have been in the crypto market for a long time, perhaps this is influenced by the community and popularity of the altcoin, even though the old altcoin is growing slowly. but it won't fall too deep, it's different with new altcoins, most of them fall because they can't follow erratic market movements, especially like the current market situation.
|
|
|
|
Cryptoababe
Member
Offline
Activity: 913
Merit: 19
Do it For Better Humanity (Bitget trader)
|
|
July 14, 2024, 12:00:41 AM |
|
As the years go by, we see more and more risky altcoins. At first, we thought the altcoins you mentioned were too risky. Now there are even riskier ones, especially the memecoins, which are the riskiest of all.
|
|
|
|
|