Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Verox - artificial intelligence investment manager for crypto and deFi
by
altixz
on 23/08/2021, 08:56:09 UTC

VEROX Price (VRX) $694.46 17.53% If the token is growing, it means people need it. Not long ago price was $506.94  now it is  $694.46.

But as an investor, you just don't need to hear from someone else's suggestions but really do your due diligence to study the project. Does it really have the capability to deliver their mission? Is the price increase not only for short period of time? Can they sustain the growth in the market? Because most of the projects that we've seen can easily go up but once they decline, it is hard for them to go up especially if they can't fulfill their promises.

Now there is nowhere without due diligence. But when people see when the price of tokens is growing so much, they forget about everything, including due diligence, and buy tokens faster and earlier to earn more money on growth.

I agree that the growth of the market causes euphoria among investors and they forget about due diligence and other prudence and in pursuit of profit buy tokens without checking them.