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Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: Today at 01:36:49 AM »Very risky. I can't advise someone I know to invest in a new crypto project because of the risk involved in it, that they don't know the fate of the coin whether it will survive in the bearish market or scale through from it by increasing in price because not all altcoin tends to survive in crypto market when the market is bearish. The majority has disappeared into a tiny air because they were launched when the market was red, and there were not a lot of investors that were ready to risk their money into a project that had no use case in today's society.A new crypto project is very risky if it does not have a great network and the project is not very useful for many people. Always do research before investing in a new project, because it is not easy for a new project to compete with an old project if the new project does not have potential.