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Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: Today at 10:18:31 AM »For those who have experience and knowledge of investing in new coins, they can invest in new coins. I tried it but experienced losses several times. I prefer old coins that have a clear reputation. because the risk of new coins is quite high and I have no experience investing in new coinsMy past experiences with altcoins generally has been quite devastating and awful, both old and new coins, so right now I prefer to just stick to investing in Bitcoin, aiming for its long-term potentials rather than investing in a coin that I can't even predict its short-term or long-term outcomes.
Altcoins are not entirely safe ( for me) as it carries lots of risks, both new and old coins, because I've seen and witnessed lots of projects that's been in the market for quite a while and has made waves in the cryptocurrency industry but are nowhere to be found now, which makes it even more scary.