Post
Topic
Board Speculation (Altcoins)
Re: How to invest in cryptocurrency in the second half of 2021?
by
South Park
on 15/12/2021, 17:57:08 UTC
If I want to make money quickly, is it slower to invest in BTC? Are there any recommendations for high-quality tokens in the NFT sector and GameFi? I like ten times, one hundred times the currency.
if you want a big profit a hundred times or more of course it is very possible to choose a token in the NTF sector because all the possibilities to take big profits are there but the risk is also proportional to what is expected.
if you choose BTC of course there is almost no possibility to take profits up to a hundred times. At that time the market was bearish I thought it was a good time to invest.
People need to stop thinking only about the profits but to think also about the risk they are taking, even if investing in a new coin could give 100x what are the chances that you can get those results? Anything smaller than 1% and it means you will lose money over the long term, and in my opinion just by making a fast calculation the chances that you actually earn that amount of money are closer to 0.0001%, and that is in the best case scenario, so as we can see it is not worth to look for those coins and instead look for something safer like bitcoin.