Goof afternoon everyone. I am rather new to crypto industry, so pretty often just choosing the most popular alts to invest and don't use other instruments. As for you, what can you guys recommend besides just buying and holding? Probably any of you trade and aware of good guides that can help to get into it faster? Or probably you mine, so you can recommend good equipment to have a look at? Anyway, interested in your experience. Thanks!
Well, most popular criteria you see is still as a result of that instrument, most projects that you see many investors or users hype is probably because they are good indeed and because they have working product, I know we have many people on this forum that are good at shilling coins, but that does not make them popular, imagine that I am to advice people to invest in altcoins, I would advise them to invest in projects that are among the top 20 coins in the market, and if you look at these coins, they are some of the most popular coins that we have, and some of the best projects that really has a use case.
For you to even trade any coin, it still has to be based on popularity, because it is their popularity that will bring about the volume needed for the trade to be successful too, so I dont think there is still much bad thing to use popularity of the project to invest or trade.