Post
Topic
Board Speculation (Altcoins)
Re: How to invest in cryptocurrency in the second half of 2021?
by
Pamadar
on 27/12/2021, 14:51:43 UTC
I'm not sure that you can make a profit quickly, because for now all coins are in decline so we need patience in order to achieve the maximum possible results let alone invest in bitcoin, but if you want to invest in NFT then you can try in Axie Infinity because the game for now is in high demand and many convincing can bring great profits.
We know that the majority of altcoins depend on bitcoin in order to give profits to their investors and since bitcoin is not moving too much at the moment then there is almost no way for those coins to give profits, the only way in which this could be achieved is to invest in a coin and that you are lucky enough that a pump and dump group targets that same coin while you are invested in it, however this is so unlikely that it is a strategy not worth trying.
Not good if you don't know how to play with a game of pump and dump,

Risking is not worth since there are lots of group who are just waiting for someone to invest and just collect
their money each time there's someone who tries to ride with them.

Better to keep with a solid project, you can just buy and hold, then wait for the value to bounce up.