Investing in new cryptocurrencies

[magnus2022]

Investing in new cryptocurrencies is a very risky engagement. New cryptocurrencies are likely to flop and lose value as soon as possible. Investing in new cryptocurrencies is a bit risky. While it is very risky adventure, it is highly profitable because the volatility can surge and create profit opportunity.

 

[riberet19]

I would never invest in a cryptocurrency that just came out, I would have to have some time in the market first, as otherwise it would be too risky for me.

 

[King Belieal]

I would never invest in a cryptocurrency that just came out, I would have to have some time in the market first, as otherwise it would be too risky for me.

Same as me. I don't even consider free airdrops at all. Not to talk of a token that just came out. They have to stay for some time to convince me.

 

[Suba]

Currently I do not have special funds to invest in a new crypto. Apart from evaluating the utility of a new crypto, we also need to know exactly who the developer is. A new crypto is only possible for very short term investments even if we only make a small profit.

 

[Fidelia]

My risk tolerance is quite low and can't handle investment in very new crypto projects.

 

[Xtynehappy]

I understand that no one can understand how the crypto currency prices change therefore prediction for the same is a very big challenge. That is because the crypto currency is very volatile.

 

[Kross]

I would not invest my money in new cryptos as the market is like this now. I would focus on established crypto now.