You know, it feels like DAOLaunch is a kind of SpaceX in the crypto investing field. Their DVC-NFT system is an invention that will change all everybodies understanding about crypto trading
There are so many good smaller projects and coins in the market, but it seems that most of these projects are being overshadowed by Bitcoin and Ethereum. Just like when it comes to the smart chain side, you would always be seeing ethereum overshadowing most other platforms. Sometimes when you check, Ethereum is usually better than most of these new platforms , though they might seem to be better at first.
Because, come to think of it, if the new platforms were really that much good, then developers would have been abandoning the ethereum platform today, because these other new platforms are even promising better fees and faster transaction and so many other good features. But at the end we still see the developers choose Ethereum platform, because of one thing that might be lacking in the new platforms.
Exactly.
If you were to invest in alts for the long run, you need to make sure that you are holding blue chip projects that have proven themselves to be effective.
The worst thing that you can do when it comes to a long term project is not necessarily having low growth potential, but rather high volatility which may make you panic sell in the spur of the moment. There are so many "fad" coins out there that are just forks of existing projects that aren't worth a second look at.