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Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: May 19, 2024, 04:26:09 PM »Just as it is true that new coins will not be successful if you do not invest in them, it is also true that most new coins cheat investors. Earlier investors used to invest in new coins but now they don't get that confidence to invest because now if 3000 dollars are invested in a project then it can be seen that the team of that project leaves the market with 3000 dollars. How can investors trust those who can't handle the lure of this low amount of money? There are some important coins that will do well in the market and those coins that have the potential to do well can be invested in but not all coins should be invested in.It's very risky to invest in new crypto coins. Especially if it's a memecoin. Most coins are listed at higher value. I mostly set limit other like I did with GME on Bitget after seeing the pump. With limit others, you will be able to buy at a lower price instead of buying at the top.Many are currently avoiding buying new coins even though we know that new coins promise very good profits, but because the reputation has been bad so far, no one dares to speculate and try to buy.
Many altcoins even have problems. Of course, it's not appropriate to try meme coins, of course, it's not really recommended for investment.
The principle of buying coins is that they have potential and, if possible, when the price is corrected, you will get the cheapest price. Even if not, it can still be used as an investment.