Hello guys, having been here for a while now, I feel that having a higher percentage of your portfolio on bitcoin and maybe the rest 30 or 35% on already good and established altcoins like ETH, BCH, Stellar, brave. BNB, Vchain, etc, is a good way of staying away from useless projects. I have come to an understanding that running after new promising projects always leave you heartbroken in 97times, and running after IEO to quickly make up for past losses lead to more havoc on your fund. So stick to the safe zone.
There always is a constant risk of losing money in any newly launched project as not each of those project succeed. There are some of those projects who did not even reach their roadmap structure and fail to even list their tokens on any exchange. In this situation, people who have invested their capital into these projects are the ones who have to bear the loss as they would never see that money coming back.
Yet there are few projects which can really cover your past loses as they have the potential to multiply in-numerous times and give you immense profits. There takes a lot of efforts in finding such project but once you do so, you would be the one filling your bags with profits.
many cases like that, they were good when doing the project at the beginning but after a few days later began to see problems and a lot of bad news circulating and even the response has been slow as happened in some other projects so far only projects that have teams that have good and have experience about the technology that will be successful.