Post
Topic
Board Altcoin Discussion
Re: Altcoin investment
by
mia_houston
on 23/01/2022, 18:45:15 UTC

Now many people prefer to invest money in projects in the early stages of development.
The demand for such investment is so high that appear projects that suggest investing in the seed and presale stages of different prospective projects to have the maximum profit.
This article describes such projects and investment in them - https://medium.com/@CFS_Protocol/crypto-fund-syndicate-cfs-protocol-ead595f0b1df

The price of altcoins depends too much from the conditions of cryptocurrency market.
It is very important to continue to develop the project even when market falls.
In the fall of the market only the best projects can survive.

Now cryptocurrency market falls and many people sell their crypto assets not to lose all the money.
A lot of depends on altcoin and how it is useful for people.
It is very important to evaluate right the prospects of the project not to lose money on investments.
The current decline in the price of bitcoin has also resulted in a significant decline in the price of altcoins in the market, and many of us have even lost estimates of around 50% of the assets we have, but that doesn't mean the current decline will have a long impact in my opinion, because from experience last years we could see that sooner or later we will see the market recovery happen again, some of the top 20 coinmarketcap altcoins have gone minus around 5-30% in just a week and of course this causes panic for traders, but to be honest now it is actually being taken advantage of by some traders to enter the market and buy altcoins that do have strong fundamentals such as eth, bnb, sol and some of  altcoins has been trusted  have fast recovery in the market for long term hold.