Post
Topic
Board Speculation (Altcoins)
Re: Are you going to buy into these high rising defi coins now?
by
South Park
on 19/09/2020, 20:34:10 UTC
The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it.  I figured I would buy into these high rising projects a little today even though chances are they are at their ATH.  Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others?    Which ones do you think will go higher?
If you think a coin is on their ATH when why invest in it? At that point you are not really investing you are gambling with your money and if that is what you want to do then that is fine but do not call it investment because I do not see how it qualifies as that, and investment should be made when an asset is moving sideways, it has good fundamentals and there is a lot of upside in their potential upcoming movement, investing at the all time high goes against those three rules which should be a clear sign it is a bad idea.