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Cryptocurrency discussions / Re: Old coin or new coin which will be better? 2024
« Last post by rizqillah on Today at 02:26:35 PM »I agree with you, we should not buy new coins because of the hype, but because of their usefulness to users and what benefits they can provide in the next few years. It's true that not all new coins always rely on hype, but that's almost the majority. Even though some have good fundamentals.New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss
Every new coin does not rely on hype and some of them have strong fundamentals so they will give you huge success if held accurately. People often choose new coins due to quick profit but I think one should not focus on quick profit but they should choose beneficial coins as most of the people don't know when to sell and when to buy when new coins rely on hype.
There are many old and profitable coins but people desire to choose hyped coins and only experts can get advantage out of it while newbies lose their money due to their greed so prefer steady success instead of quick loss.