Quote from: Blitzboy on Today at 07:16:02 PM

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Quote from: thet on Today at 05:15:11 AM

We cannot predict the price of every coin. Hold is the key to success and more patience in trading. Let us hold and keep trading someday we will also gain more.

Holding is a good way to make money in the crypto industry. But for this, you need to hold some legit coin. If you just hold some shitcoin and wait to make the profit you will be disappointed. For the HODL we need to make an investment in some legit coin. Of course, Bitcoin and Ethereum are best. There is also some altcoin available, but before making an investment in those altcoins we need to do a lot of research.

That's why it's important to do research and analysis before investing or trading,
because if we just choose coins and follow someone's advice, of course it's not a good thing,
it's not easy and requires more effort when we do analysis and research but I think it will be much better

I agree with your point. Making our own research gives us more information and wisdom in order to make an good investment. However, people tend to rely on other making them recklessly invest their money in an unknown tokens or a scam project. In my country, many people have lost their money to scam tokens advertised all over the Internet.

That's due to greediness, even if a certain company shows proof that they are legit, but the fact that they offer an investment return that is too good to be true, then most likely that certain model will not last and failed in the long run. People wants instant return which turns out their investment into gambling.