Hello everybody. For now, I'm actively looking for projects to invest in, and I want to ask your opinion about small projects? Does the risk justify the profit? I'm thinking of investing in projects related to the metaverse and a checkdot that deals with auditing. What do you think about this decision?
Depends on the project itself and the period in which you buy it. Initial purchase of promising coins could be high yielding. Buying DEFI coins just before the launch of farms and staking would be a bad choice. An as mentioned, for newer defi coins, audits are important.
Following the hype could be another strategy, should follow news events and tweets but for it, you need to be agile.A