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Author Topic: Is it risky to invest in new crytpo coin/tokens???  (Read 79163 times)

Online 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: May 16, 2024, 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..

Offline bitterguy28

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #737 on: May 16, 2024, 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 .

Offline pacar_tiri

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #738 on: May 19, 2024, 07:35:02 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 .
This is what makes experience in the world of cryptocurrency very important, for new traders we really have to be brave enough to take risks and it might result in some of the capital we use being lost because we try several methods and finally we gain experience that can help us make very important decisions in the world of cryptocurrency investment.

Offline Litzki1990

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #739 on: May 19, 2024, 04:26:09 PM »
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.
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.

Offline alltalk

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #740 on: May 19, 2024, 09:31:19 PM »
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.
I'm one of the people who rarely buy new coins, sometimes I also avoid to buy the new altcoins. Although new altcoins offer the chance to gain huge profits, it also potentially waste our money because the new altcoins can turn to be scams. If the new altcoins end up in scam issues, we will lose all the money in the altcoins. It is true that there are too many new altcoins ended up with problems. They failed to list on exchanges, they become scams, or the developers disappear. These are just 3 examples of possible issues in the end of the existence of the new altcoins.

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Offline Rubel007

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #741 on: May 19, 2024, 10:39:49 PM »
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.
Although new coins are giving good returns, it is not the case that all new coins can survive in the market. There are many new coins where investing is risky. Where the money invested may not be recovered. Although new coins are risky, those who can take the risk and invest there can also gain in return. But I don't encourage investing in all of the new coins. Especially coins that have no basis in fundamentals. Better to invest in a mix of old and new.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #741 on: May 19, 2024, 10:39:49 PM »


Offline DAMKAR

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #742 on: May 21, 2024, 10:04:41 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.
Although new coins are giving good returns, it is not the case that all new coins can survive in the market. There are many new coins where investing is risky. Where the money invested may not be recovered. Although new coins are risky, those who can take the risk and invest there can also gain in return. But I don't encourage investing in all of the new coins. Especially coins that have no basis in fundamentals. Better to invest in a mix of old and new.
For those who have experience and knowledge of investing in new coins, they can invest in new coins. I tried it but experienced losses several times. I prefer old coins that have a clear reputation. because the risk of new coins is quite high and I have no experience investing in new coins

Offline Uruhara

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #743 on: May 21, 2024, 10:08:45 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..
Indeed, experience is needed in making good analyzes in estimating which new projects have potential and which do not. And new projects also invite quite high risks if we cannot make a good analysis. Especially if we cannot see strong fundamentals in the project we are analyzing. So avoiding it would be better. But if it's a meme coin project then we just need to see how strong the community they build is. And we just have to be good at following trends or hype. But I'm not good at seeing the potential in meme altcoins. So I mostly avoid it sometimes.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #744 on: May 21, 2024, 10:18:31 AM »
For those who have experience and knowledge of investing in new coins, they can invest in new coins. I tried it but experienced losses several times. I prefer old coins that have a clear reputation. because the risk of new coins is quite high and I have no experience investing in new coins
My past experiences with altcoins generally has been quite devastating and awful, both old and new coins, so right now I prefer to just stick to investing in Bitcoin, aiming for its long-term potentials rather than investing in a coin that I can't even predict its short-term or long-term outcomes.
Altcoins are not entirely safe ( for me) as it carries lots of risks, both new and old coins, because I've seen and witnessed lots of projects that's been in the market for quite a while and has made waves in the cryptocurrency industry but are nowhere to be found now, which makes it even more scary.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #745 on: May 21, 2024, 11:43:46 AM »
Indeed, experience is needed in making good analyzes in estimating which new projects have potential and which do not. And new projects also invite quite high risks if we cannot make a good analysis. Especially if we cannot see strong fundamentals in the project we are analyzing. So avoiding it would be better. But if it's a meme coin project then we just need to see how strong the community they build is. And we just have to be good at following trends or hype. But I'm not good at seeing the potential in meme altcoins. So I mostly avoid it sometimes.
New meme coins project difficult to see for long term and most of them get an hype awhile only, I think important when investing in new coins between meme or not how strong the community and how much coins supply on the developer hand or investors hand. Usually meme coins just getting an hype awhile only and most of trader will sell after listing on the market without waiting for one or two months later with potential get dropping to lower price.
Yesterday, Notcoin success listing on binance and just existing awhile on the higher price before getting down until right now and I think all new project will get the same problem after listing and price correction potential.

Offline dekafee79

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #746 on: May 22, 2024, 04:03:47 PM »
Indeed, experience is needed in making good analyzes in estimating which new projects have potential and which do not. And new projects also invite quite high risks if we cannot make a good analysis. Especially if we cannot see strong fundamentals in the project we are analyzing. So avoiding it would be better. But if it's a meme coin project then we just need to see how strong the community they build is. And we just have to be good at following trends or hype. But I'm not good at seeing the potential in meme altcoins. So I mostly avoid it sometimes.
New meme coins project difficult to see for long term and most of them get an hype awhile only, I think important when investing in new coins between meme or not how strong the community and how much coins supply on the developer hand or investors hand. Usually meme coins just getting an hype awhile only and most of trader will sell after listing on the market without waiting for one or two months later with potential get dropping to lower price.
Yesterday, Notcoin success listing on binance and just existing awhile on the higher price before getting down until right now and I think all new project will get the same problem after listing and price correction potential.
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.

Offline $crypto$

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #747 on: May 22, 2024, 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.

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #748 on: May 22, 2024, 10:12:54 PM »
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.
I don't know if the world is rebranding itself. After the launched of Notcoin in exchange platforms and base on the statement all over the internet that new coins are to dangerous to invest and it is not good to invest in new projects so maney ignored Notcoin and when the airdrop was finally launched, those who invested in it made a reasonable profit from the airdrop and because that incident, many people are saying tht they don't want to miss out again  like the Notcoin so everyone now is mining and investing in Tapswap, pi Network Token and a lot more. There is no more new tokens are risky so I will not invest again.

Offline LogitechMouse

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Re: Is it risky to invest in new crytpo coin/tokens???
« Reply #749 on: May 23, 2024, 03:39:02 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.
Well, the most risk in investing comes to these new projects that are being created and especially now that we are in a space where everything isn't regulated, project developers and creators can just run away alongside the money that the investors invested in their project.

The risk in investing into new projects is at its peak hence, this is the main reason why I don't invest into new projects at all. I always have this mindset where I need to wait for at least 6 months to a year before deciding whether I will invest into this project or not. For me, it's way safer to invest at that time than investing when it's still a new one.

High risk = high reward though so if you're ok with losing your money when you're investing into new projects then there's nothing wrong with it :)

 

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