Post
Topic
Board Altcoin Discussion
Re: Dumb plan?
by
Wakate
on 06/06/2022, 23:54:51 UTC
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
This is one of the cycle of  cryptocurrency projects right now. One thing I have noticed about the crypto market is that things happens in phases so we don't have to sleep on a particular trending projects for too long. More crypto projects are entering the Crypto market every single day and investors are rotating their funds to get the best from the market.
We do t have to be a particular coin for too long to avoid rug pull or decline in liquidity of such project. Everyone needs to be smart.