Do you feel safe in investing in new alt coins?

k2h2

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There are coins like shiba inu which have not established themselves as solid project yet. But they give decent returns. Do you feel safe in investing coins like these?
Its likely not what you see and a big percentage of insider plays.
These kind of coins are only good for fast scalping or short term imo.
This ia a fact, if you ever hit a gem nowdays that goes up and haven't bankrupted yet, compound into top altcoins.

99.99% of altcoins are scam so you tell me
Judging by this idea whole world is like that, but that is just your opinion

To answer the question, yes I am safe as long as these are on Ethereum / ARB and meet some basics like volume/utility/team, just on a much smaller scale than the bullish days
 
Nope, don't trust 99.99% of the coins out there
even reputable ones fall could be just a few minutes away.
However, does it stop me from gambling away, nope :)
 
Mostly scam but people are still investing that kind of site.
 
I feel that well-coded blockchains like Cardano are more powerful than Ethereum because of the way it's built.

When you are coding Cardano, you need to use Plutus that is "Haskell" based, a programming language that forces you to write the code well

By the way if you know any Cardano developer or Blockchain developer, i'm looking for it, lmk <3 ;) Looking to create some partnership
 
Mostly scam but people are still investing that kind of site.
It's more of a gamble than an investment. Many projects have no use case or will be irrelevant in the long run. Good examples are NFTs, GameFi, BSC shitcoins, ETH shitcoins, Metaverse shitcoins & new trend seems to be AI(lol) related coins.
 
But they give decent returns.

100 people will get decent returns. 10,000 people will get scammed. It's a good learning experience if you can recover from the losses, but that's all. You will always buy too late, you will always hold too long, you will always sell too early. The one project that turns out to be legit will crabwalk for years while the devs and institutional investors slowly cash out their tokens. Then it will suffer a hack or some other issue and immediately go to 0.
 
I feel that well-coded blockchains like Cardano are more powerful than Ethereum because of the way it's built.

When you are coding Cardano, you need to use Plutus that is "Haskell" based, a programming language that forces you to write the code well

By the way if you know any Cardano developer or Blockchain developer, i'm looking for it, lmk <3 ;) Looking to create some partnership
I am a very close contact with the The Ape Society team and owner, if this is something you are interested in.
 
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I am a very close contact with the The Ape Society team and owner, if this is something you are interested in.
Definetely we can make some partnership with you. Send me a PM please
 
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Unless you have tens of thousands of dollars in spare and lot of free time, don't get into shit coins, they are called shit coin for a reason.
 
100 people will get decent returns. 10,000 people will get scammed. It's a good learning experience if you can recover from the losses, but that's all. You will always buy too late, you will always hold too long, you will always sell too early. The one project that turns out to be legit will crabwalk for years while the devs and institutional investors slowly cash out their tokens. Then it will suffer a hack or some other issue and immediately go to 0.
So you left investing in crypto?
 
So you left investing in crypto?

I just hold Bitcoin and Ethereum, and I hold some Yuga Labs Otherside NFTs (Play to Earn style) on Ethereum blockchain. I am not buying into other cryptos at this time. The economics of almost every token is very bad and just designed to make the founders rich.
 
There are coins like shiba inu which have not established themselves as solid project yet. But they give decent returns. Do you feel safe in investing coins like these?
If I know the team behind, probably, for a short amount of time. If not, no way..
 
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