The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.
Actually reinvesting and proper timing is very important for our currency market so before investing we have to see where we are investing cause if we invest very good project we can get very good feedback within a short time such as if we invest in blockchain-related project we can get very good feedback with in short time.
It is also not an easy thing to be able to choose a project that is really good and has the potential to continue to grow in the future,
we need to do our own research and I think that's very important,
by joining and investing in a good project then most likely it will be profitable
I guess there are a few points to consider while investing in new projects or even in the already established ones. First one being the community that surrounds the project, if the social groups of that project are very active then it is a plus point but if there are a lot of members in the group but only a handful of messages throughout the whole day then it is a negative sign.
Secondly the frequency of new features and updates that the team provides.
Lastly the PR of the project, this last factor is the biggest of them all, I have seen that a lot of times the projects that remain in limelight are the ones that gain the most in short period of time.