Post
Topic
Board Altcoin Discussion
Re: If a project gets too complicated
by
kevinzxz
on 01/04/2021, 23:56:31 UTC
If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

In my opinion, for now, everyone is getting smart about choosing cryptocurrency they want to invest, because now not all cryptocurrency whose price can increase very high (like in 2017), but for now only cryptocurrency have a good idea and product whose price can increase very high, therefore for now only a few cryptocurrency can survive and the price can increase very high, but there are also people who want to get profit quickly, so they invest in cryptocurrency whose project are trending, but my advice if you want to invest for the long term, then you better choose a project that is a good and useful in the future (not following a trending project), but if you just want to trading (get profit in the short term), then investing and following a trending project is the right choice, although the risk is also very big, because trend can change at any time quickly.