Post
Topic
Board Altcoin Discussion
Re: Be careful what you choose to invest in now, not all coins will recover.
by
cunguks
on 29/08/2021, 06:08:56 UTC
I agree with you, old coins that already have products are safer to invest than new coins, because we can already see the progress of old coins that already have products and of course old coins will be more popular than new coins, so the price will definitely continue increase and give us profit.
Not all old coins become popular in the cryptocurrency market, it still really depends on the team's concern in developing their coins and products for everyone, because the popularity of a coin happens when the users become more and more, so you should know about this too and always analyze all the coins so you can make a choice on any coin, because hitting the flat in the form of the same rating is not very good.
we can't see everything just by looking at the rankings on the market cap.
all assets are determined from market demand. We have seen many old assets already in the market but not getting good enthusiasm from the community and the market.
when the project does not develop and there is no longer good demand in the market, it becomes a bad thing for the market development of the old asset.
most of the old projects that fail to get a good market, will only update following the market trend. like migrating to a chain that is in vogue. we can see it happening this year when BSC got its popularity.