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Author Topic: Is it risky to invest in new crytpo coin/tokens???  (Read 64024 times)

Offline yohananaomi

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #735 on: May 15, 2024, 05:54:42 AM »
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.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #735 on: May 15, 2024, 05:54:42 AM »

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Offline akeemqaz

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #736 on: Today at 02:38:39 AM »
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.
Yes when price is corrected one get cheap coins easily. I mostly use smart portfolio on my exchange to buy Bitcoin at low price also.. And sometimes, to take profit from some memecoins to Bitcoin. The space requires a good experience at times..

Online bitterguy28

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #737 on: Today at 07:25:08 AM »
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.
Yes when price is corrected one get cheap coins easily. I mostly use smart portfolio on my exchange to buy Bitcoin at low price also.. And sometimes, to take profit from some memecoins to Bitcoin. The space requires a good experience at times..
if you are talking about tokens and altcoins it is indeed needed a experience and understanding because majority of them may end being scams and you may lose all your funds but if ytou are dealing in bitcoin? then that is now how you may lose
instead we are there to make money because other than that it is the safest and the most respected currency that we can invest all our funds with assurance though may take long time .

 

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