What's your opinion on investing in new coins

! Chad ! said:
Crypto has cycles just buy at the bottom of the cycle you gotta be looking at alts/btc to see when cycles happen look at charts like xcp zoon out to the weekly candles and see all the alt season. You buy when alts are crashing hard and when i mean crashing hard i mean like a 500% retrace over a few months. Buy when the trend of the entire market starts to rise hodl for a ride get out when bad news breaks on a certain coin and never fall in love with any coin. - Bitcoin maxamilist.

Sorry for poor grammar.
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That's ok :)
You know, I agree that with so volatile crypto it's like win or lose situation. If you buy before upcoming the bull market - that's a good opportunity to gain something, otherwise - to lose or to hodl for the market to recover
 
Esha.J said:
Investing in new coins is being risky for me because trusting new coins for money purpose is not safe at all.
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Unfortunately, that's how it is in most times. Not so many people buy those coins because of they want to use the product of the company or something like it. In majority cases that's like buy & sell
 
Pekelo said:
So were they a year ago at 3K, yet it went up to 20K...
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But now are 8k though. Still personally I see great potential in both the blockchain technology and in cryptocurrencies as new form of digital money
 
Spindle said:
Still personally I see great potential in both the blockchain technology and in cryptocurrencies as new form of digital money
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Potential, sure, value, who knows? None of them are unique or limited... (a thing that can be copied isn't limited.)
 
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