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Author Topic: Is it risky to invest in new crytpo coin/tokens???  (Read 61551 times)

Offline erus

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #645 on: April 06, 2024, 03:21:59 AM »
In the crypto community, many people say DWYOR, which means do with your own risk and that definitely makes a statement that investing in crypto is very risky, especially when new coins appear on the market. It would be a shame if we didn't know the basics of the new coin because it could cause us to lose money.
There are a lot of new coins that are born but only last a few days and the rest of the coins die or there are no buyers. If I was in the position of being hit by a new coin and the price was not that significant I would be disappointed.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #645 on: April 06, 2024, 03:21:59 AM »

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #646 on: April 06, 2024, 07:34:59 AM »
In the crypto community, many people say DWYOR, which means do with your own risk and that definitely makes a statement that investing in crypto is very risky, especially when new coins appear on the market. It would be a shame if we didn't know the basics of the new coin because it could cause us to lose money.
There are a lot of new coins that are born but only last a few days and the rest of the coins die or there are no buyers. If I was in the position of being hit by a new coin and the price was not that significant I would be disappointed.
Investing in any coin, whether new or old, always has risks. New coins are coins that are more risky, because many scammers use new coins, the team's reputation is not there yet. That's why we always say DYOR, because the risk is in each of our hands

Offline ajiz138

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #647 on: April 06, 2024, 02:39:03 PM »

So, this is something we have to understand, that everything we do will always be accompanied by risks involved. We cannot say or expect no to risks, because it is something that is certain in every action we take.

Moreover, this is very related to investing in new coins, of course the risk is very big. This risk will not only be felt by beginners, everyone, including experienced people, will always have risks.
Risk will always exist in our lives, especially when investing we will be faced with big risks. If you invest in a new project, the risk is much greater than the old coins in the top coins. but also means that we will have big profits if the new project is successful
We have to go deeper when doing research or analysis on new coins or projects, because if we only have reckless capital then it's the same as gambling in my opinion. It takes longer time when we analyze new coins.

Not only that, even though we have carried out an analysis and are sure of the potential of the new project, the money we use must also be considered as lost money, because it is not uncommon for us to do the analysis when we get something good, but along the way they fail.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #648 on: April 06, 2024, 02:52:55 PM »

We have to go deeper when doing research or analysis on new coins or projects, because if we only have reckless capital then it's the same as gambling in my opinion. It takes longer time when we analyze new coins.

Not only that, even though we have carried out an analysis and are sure of the potential of the new project, the money we use must also be considered as lost money, because it is not uncommon for us to do the analysis when we get something good, but along the way they fail.
Investing in new coins/tokens is very risky, this makes us extra careful in analyzing. do research and really have the knowledge to analyze new projects, because the risks are big and ready to lose. It's best not to use big money because it will result in big losses if the project is not successful

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #649 on: April 06, 2024, 02:55:30 PM »
In the crypto community, many people say DWYOR, which means do with your own risk and that definitely makes a statement that investing in crypto is very risky, especially when new coins appear on the market. It would be a shame if we didn't know the basics of the new coin because it could cause us to lose money.
There are a lot of new coins that are born but only last a few days and the rest of the coins die or there are no buyers. If I was in the position of being hit by a new coin and the price was not that significant I would be disappointed.
Investing in any coin, whether new or old, always has risks. New coins are coins that are more risky, because many scammers use new coins, the team's reputation is not there yet. That's why we always say DYOR, because the risk is in each of our hands

Truly, investing in coin be it a new generational coin or an old coin, all still have their risk at hand. One needs to be careful when choosing a coin to invest in. You must carry out your due diligence before investing because you never can tell what you could or might unravel in the cause of doing your background check on the project so as not to fall a victim of scam.
These are the little things investors skip just because of the fact that they saw and imfluencial social media personality promoting or mentioning such project. They just conclude that to the project is genuine not  knowing that the promoters were paid for their advertising job as a result of the larger crowd they control. This is why most times, it is advisable to properly do a good and thorough research before investing.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #650 on: April 06, 2024, 05:36:48 PM »


Truly, investing in coin be it a new generational coin or an old coin, all still have their risk at hand. One needs to be careful when choosing a coin to invest in. You must carry out your due diligence before investing because you never can tell what you could or might unravel in the cause of doing your background check on the project so as not to fall a victim of scam.
These are the little things investors skip just because of the fact that they saw and imfluencial social media personality promoting or mentioning such project. They just conclude that to the project is genuine not  knowing that the promoters were paid for their advertising job as a result of the larger crowd they control. This is why most times, it is advisable to properly do a good and thorough research before investing.
You are right that every investment has its risks, whether old or new coins, but we know that new coins are riskier even though they are more profitable if their prices soar. It all depends on our ability to analyze and do research. if our predictions are accurate, we can take that risk.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #651 on: April 06, 2024, 05:52:47 PM »


Truly, investing in coin be it a new generational coin or an old coin, all still have their risk at hand. One needs to be careful when choosing a coin to invest in. You must carry out your due diligence before investing because you never can tell what you could or might unravel in the cause of doing your background check on the project so as not to fall a victim of scam.
These are the little things investors skip just because of the fact that they saw and imfluencial social media personality promoting or mentioning such project. They just conclude that to the project is genuine not  knowing that the promoters were paid for their advertising job as a result of the larger crowd they control. This is why most times, it is advisable to properly do a good and thorough research before investing.
You are right that every investment has its risks, whether old or new coins, but we know that new coins are riskier even though they are more profitable if their prices soar. It all depends on our ability to analyze and do research. if our predictions are accurate, we can take that risk.

Doing your own research is part of the deal if you must invest be it old or new project . As an investor, you owe yourself your investment plans so that you do not get distracted .

As an investor you must be readily prepared for the project you are going to put your funds  into. Do not undermine any little information you stumble upon concerning the investment you are going into. I believe that this could be of utmost importance to investors if they care.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #651 on: April 06, 2024, 05:52:47 PM »


Offline Rubel007

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #652 on: April 06, 2024, 09:15:14 PM »
In the crypto community, many people say DWYOR, which means do with your own risk and that definitely makes a statement that investing in crypto is very risky, especially when new coins appear on the market. It would be a shame if we didn't know the basics of the new coin because it could cause us to lose money.
There are a lot of new coins that are born but only last a few days and the rest of the coins die or there are no buyers. If I was in the position of being hit by a new coin and the price was not that significant I would be disappointed.
Most people who are new to the crypto space make this mistake. There are many new investors who are very excited to invest in new coins. They think that if they invest there, their profit will increase and many investors buy the new coins and hold them for a long time. They fail to take correct decisions on several issues. Investing in new coins has a high chance of being scammed. Sometimes you buy at a higher price, sell at a lower price and lose, and sometimes the coin you buy never exists. Before investing, the investor must acquire good knowledge. If an investor cannot judge good and bad then he will never be able to make profit in the crypto space. Moreover, since the crypto market is risky, an investor must take risks carefully.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #653 on: April 07, 2024, 02:50:03 PM »
In the crypto community, many people say DWYOR, which means do with your own risk and that definitely makes a statement that investing in crypto is very risky, especially when new coins appear on the market. It would be a shame if we didn't know the basics of the new coin because it could cause us to lose money.
There are a lot of new coins that are born but only last a few days and the rest of the coins die or there are no buyers. If I was in the position of being hit by a new coin and the price was not that significant I would be disappointed.
Most people who are new to the crypto space make this mistake. There are many new investors who are very excited to invest in new coins. They think that if they invest there, their profit will increase and many investors buy the new coins and hold them for a long time. They fail to take correct decisions on several issues. Investing in new coins has a high chance of being scammed. Sometimes you buy at a higher price, sell at a lower price and lose, and sometimes the coin you buy never exists. Before investing, the investor must acquire good knowledge. If an investor cannot judge good and bad then he will never be able to make profit in the crypto space. Moreover, since the crypto market is risky, an investor must take risks carefully.
Investing in new coins is very risky, because we don't understand the reputation of the team, many people experience losses investing in new coins/projects, I think it's just greed that doesn't think rationally. Because new projects are prone to fraud.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #654 on: April 07, 2024, 03:07:15 PM »

We have to go deeper when doing research or analysis on new coins or projects, because if we only have reckless capital then it's the same as gambling in my opinion. It takes longer time when we analyze new coins.

Not only that, even though we have carried out an analysis and are sure of the potential of the new project, the money we use must also be considered as lost money, because it is not uncommon for us to do the analysis when we get something good, but along the way they fail.
Investing in new coins/tokens is very risky, this makes us extra careful in analyzing. do research and really have the knowledge to analyze new projects, because the risks are big and ready to lose. It's best not to use big money because it will result in big losses if the project is not successful
That's right, we should use a small allocation when investing in new projects, because once again the risk is very high and it can lose our money.

Someone who is experienced might understand this better, but that doesn't mean they will be truly successful, but at least they can minimize their risks as little as possible so they don't get caught up in unclear projects and fraud. Knowledge and experience will be very influential here.

Online Doovla

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #655 on: April 07, 2024, 03:53:36 PM »
The decision about which network you will agree for relies on your research and checking the seriousness of the network you will decide to access. The BSC network has become much cheaper for services than the others, but there is still a risk of not achieving the given goals from the given coins for which you will invest, you need to research all this in more detail, so I would say that it is essentially worth it both in the long and short term. invest only beware of the risk of stealing money from fraudsters.

Offline I-Bit

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #656 on: April 07, 2024, 11:59:03 PM »
Investing in new coins is very risky, because we don't understand the reputation of the team, many people experience losses investing in new coins/projects, I think it's just greed that doesn't think rationally. Because new projects are prone to fraud.
Yes, some new coins have no good developers or team members. We can't trust them if they have bad reputation, they must disappear after the coins have been launched in the first exchange. It is better to sell the new coins when it is still hype, so the price is still quite good. But if we are greedy and want to see it to skyrocket, we probably will end up with losing everything. I've experienced several time that I lost all my money because I'm greedy with new coins.

« Last Edit: April 08, 2024, 12:01:08 AM by I-Bit »

Online Doovla

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #657 on: April 08, 2024, 06:37:06 PM »
The risk has increased due to frauds that have become in various methods, such as for example connecting wallets to the project site, only to be followed by a total disaster of losing all your funds. If you are already looking at where you will invest, first look at the ratings and how it is rated by users on the sites.

Offline yohananaomi

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #658 on: April 10, 2024, 07:40:19 PM »
The risk has increased due to frauds that have become in various methods, such as for example connecting wallets to the project site, only to be followed by a total disaster of losing all your funds. If you are already looking at where you will invest, first look at the ratings and how it is rated by users on the sites.
Indeed, the most vulnerable to investing in new coins is the occurrence of fraud, which is often carried out and is nothing new anymore, and this has become a tradition for every time a new coin appears with very large profits, but in the end the funds we invest will be lost, and they may or may not be value according to not the initial plan.
It rarely happens that our wallet which is connected to sales with them can be hacked if we don't open a link containing a scam from them, because usually we transfer sales from our wallet to their wallet.
There are many factors that we have to do to want to invest. The criteria that we have to take, of course, include who is behind the project and the WPP and others.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #659 on: April 11, 2024, 10:24:50 PM »
Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

Coinmarketcap is an aggregator that track prices of crypto across various exchanges but you can't depend on it to know a good project...Knowing a good project entails doing a lot of research. Even memecoins with no values are found on coinmarketcap. There are many new coins that have great prospect so it depends on investors to find them. As an investor, I have discovered over time that Bitget is one exchange that are good in listing good and prospective tokens. I have bought some coins there recently that brought decent gains. $ALT, $DGI, $OPUL and $PROPS are among the token i bought that have done great numbers so investing in new coin is absolutely worth it if you do you home work well.

 

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