Post
Topic
Board Altcoin Discussion
Re: should i invest in new project?
by
mmoRRiss
on 28/02/2022, 15:03:44 UTC
Instead of jumping all in, do your own research, pick a few coins that appeal to you, and invest in several parts Cheesy If you want to "invest" in a currency or token for the long term with any prospect of it surviving and thriving, it must have good use cases (utility) and the project behind it must be earning enough cash to keep it going. Another component I would have included to the list is "the team," but as you know, it requires a solid team to produce a product with usefulness and profitability in the first place. As a result, it's a no-brainer. Look at similar blockchain game projects such as Axie Infinity, ENGN, or BORA. Especially with the addition of big names like EA and Ubisof to the mix. So new project of course but DYOR, and the btc was a new project Cheesy