Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: How and where invest 500€
by
Lucius
on 22/10/2020, 10:56:46 UTC
⭐ Merited by DdmrDdmr (1)
Im surprised there is no bitcoin and ethereum on your suggestion. Among your suggested list I have three of those except social good which I never heard of. 

You should not be surprised, beginners always go the line of the least resistance and invest in altcoins which are of course cheaper and of course promise xxx return on investment in a very short time as they are revolutionary and much better than BTC. The same old story that keeps repeating itself, and someone posted an image with CMC a few years ago with all those altcoins that almost disappeared in 90% of cases - and that's what awaits the above-mentioned.

If something has no purpose and meaning then it cannot survive in the long run, and the only reason such projects are created is that it is a very easy way for individuals to get rich literally overnight. Create a coin, put some money in advertising, catch as many fish in net to pump coin price, dump your coins and try to repeat that again = profit.