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Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: Today at 06:01:17 PM »Be careful if investing in coins that require hype, because this will be very risky if we get caught in a high price when buying, and suddenly the price drops. Likewise with new coins, these are usually very risky.Coins that only rely on hype will be very risky because they will only be good when there is hype, after that they will disappear because they are abandoned by their investors.
I prefer to invest in coins that have a good and solid community, because usually when the coin has a solid community the coin will survive. We also see that several coins that have communities that are not very solid, are slowly experiencing a decline.