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Author Topic: Is it risky to invest in new crytpo coin/tokens???  (Read 59343 times)

Offline highnayem34

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Is it risky to invest in new crytpo coin/tokens???
« on: July 11, 2020, 09:09:07 AM »
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?
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Is it risky to invest in new crytpo coin/tokens???
« on: July 11, 2020, 09:09:07 AM »

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Offline Nikko

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #1 on: July 11, 2020, 10:31:26 AM »
Investing on new coin is very risky since a lot of the projects now are scam or failed to succeed.

Offline highnayem34

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #2 on: July 11, 2020, 10:42:28 AM »
Investing on new coin is very risky since a lot of the projects now are scam or failed to succeed.

Hmmmm. Absolutely right... When new coin or token is listing 
On exchanges you'll see huge pump on this project but it'll dump in few days. So sad for crypto investor...
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #3 on: July 11, 2020, 10:47:13 AM »
New or old is not an important issue when we analyze & decide to invest in a coin or token, because BCC coin of Bitconnect has also existed for more than 18 months. I think in order to make the best decision, we need to research the project, ideas, #DevelopmentTeam  & potential of that token in the future.
Investing in a new token is more risky than buying the coin/token in the top 10 Coinmarketcap, but the risk is always associated with profit :)
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #4 on: July 11, 2020, 05:35:39 PM »
New or old is not an important issue when we analyze & decide to invest in a coin or token, because BCC coin of Bitconnect has also existed for more than 18 months. I think in order to make the best decision, we need to research the project, ideas, #DevelopmentTeam  & potential of that token in the future.
Investing in a new token is more risky than buying the coin/token in the top 10 Coinmarketcap, but the risk is always associated with profit :)
You are right. I agree with you that before investing in any currency you must research the future plans of the project, the #DevelopmentTeam  and the feasibility of that token. And investing in new tokens is more risky than the top currencies in the coinmarketcap. As there is a possibility of loss, in some cases there is a lot of profit. So invest with caution.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #5 on: July 11, 2020, 06:11:59 PM »
New or old is not an important issue when we analyze & decide to invest in a coin or token, because BCC coin of Bitconnect has also existed for more than 18 months. I think in order to make the best decision, we need to research the project, ideas, #DevelopmentTeam  & potential of that token in the future.
Investing in a new token is more risky than buying the coin/token in the top 10 Coinmarketcap, but the risk is always associated with profit :)
You are right. I agree with you that before investing in any currency you must research the future plans of the project, the #DevelopmentTeam  and the feasibility of that token. And investing in new tokens is more risky than the top currencies in the coinmarketcap. As there is a possibility of loss, in some cases there is a lot of profit. So invest with caution.
You both are right. For every crypto investors, first thing to do always check the team, Project Features and future development. After all than decide to invest or not.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #6 on: July 11, 2020, 06:22:23 PM »
I'm not too sure about new coins and tokens except that many of their products use or at least those who invest there are very many. I prioritize buying coins that have a large volume in the crypto market

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #6 on: July 11, 2020, 06:22:23 PM »


Offline highnayem34

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #7 on: July 11, 2020, 07:45:08 PM »
I'm not too sure about new coins and tokens except that many of their products use or at least those who invest there are very many. I prioritize buying coins that have a large volume in the crypto market
Hmmmm. Large volume means lot of traders. It is obviously when coin or token get old in 1-2 years like Tron.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #8 on: July 11, 2020, 08:00:41 PM »
Yes, for me investing in new coins has a risk. Before you invest there are certainly a few ways to check so that you don't get the coins to fail,. The new crypto coin if it has a very good developer, I think investing will make a profit.

But if you're afraid of investing in new crypto coins. I recommend buying coins with good quality like Bitcoin, Ethereum, and Binance coin. This coin is no presentation on top of Coinmarketcap.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #9 on: July 11, 2020, 08:19:21 PM »
risky of course, but that goes back to your decision because even though the current average of new coins has led to a scam but many are profitable, doing more research is recommended.
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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #10 on: July 11, 2020, 09:52:30 PM »
Yes, for me investing in new coins has a risk. Before you invest there are certainly a few ways to check so that you don't get the coins to fail,. The new crypto coin if it has a very good developer, I think investing will make a profit.

But if you're afraid of investing in new crypto coins. I recommend buying coins with good quality like Bitcoin, Ethereum, and Binance coin. This coin is no presentation on top of Coinmarketcap.
Thats exactly investing in new crypto coins is a huge risk. You need to look a lot of stuff before investment.
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Offline tinakoya

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #11 on: July 11, 2020, 10:02:38 PM »
I do agree that investing in a new coin/token is very risky but so it is with old coin/token. In this crypto space anything can happen but the most important thing is to invest what you can afford to lose. Do a full research about a project, the team's previous project, their advisors and off course the future plans/development. Never invest blindly or because someone told you to invest.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #12 on: July 11, 2020, 11:28:35 PM »
Absolutely yes. if you want to make a safe investment, choose the Bitcoin or ETH. or at least the top coins as shown on the crypto tracker. However, if you are thinking that the new coin/token is very promising and real use case, it is also a chance to get it for your investment.
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Offline I-Bit

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #13 on: July 11, 2020, 11:39:17 PM »
We need to analyze coins deeply if we want to invest in new altcoins. See about the team member's track record. Also check the project potential on whitepaper. And the most important is checking the interest of investors by learning the transactions or its volume if the coins are already listed on an exchange.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #14 on: July 12, 2020, 05:58:22 AM »
Investing on new coin is very risky since a lot of the projects now are scam or failed to succeed.

Yea, at present time it looks risky to me also because last project of KingCasino which team own declared to made scam and this is very dangerous for investors. They run 2 rounds of bounty also and lastly they declared they made scam. their roadmap and management was so good that nobody could not guess that it would be scam project.

But problem is investors could not stay without investment and so we have to take risk for new projects and all projects are not like KingCasino and here example is OKS project.

 

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