Post
Topic
Board Altcoin Discussion
Re: Still a good time to invest or not
by
JackieAinsley
on 16/03/2021, 08:31:29 UTC
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Before investing in any altcoins, check the chart of the last 24 hours, 1, 7, 30, 60, 90, 1 year and all. Definitely you will see that there will be no bear traps. You can invest now and leave with a little profit. But for some greedy people, this is quite impossible. Actually, I'm not giving advice to invest. Your research experience will be the best. Some cheap altcoins are still available at a higher volume. New altcoins could be a great opportunity.

You are somewhat correct. The situation of Altcoin market is looking good. But no one knows when this situation of altcoin goes bad, because when there is a difference in the price of bitcoin, it has an effect on the market of altcoin. So one must invest in strong coins. Now that the market is in place, it would be risky to invest in any coin in the hope of a quick pump and dump. If they wants to make a long-term investment, they must be interested in doing research, because it is important to do research on a project before investing in it.

I think that a lot of depends how usefull will be altcoin in future. It is very important to create the demand in token that its price would grow in future.
There are ecological projects that helps to protect a nature. Here you can find more information about their job https://moss.earth/blog/.
I think that the demand in ecological projects will be big because it is very important to protect a nature from pollution.