Post
Topic
Board Altcoin Discussion
Re: Your recent altcoin investment and why?
by
ultrloa
on 30/06/2022, 11:11:59 UTC

A lot depends how useful the project and what technology it brings. During the fall of the market it is the best time to buy tokens of new projects but it is necessary to evaluate the project to understand its potential. Now a lot of DeFi projects appear like this https://twitter.com/LollipopBsc/status/1537731681779453952

Now a lot of new projects appear but not all of them are useful. That is why it is necessary to carefully monitor the market to find the best projects for investment and evaluate their potential.

There are too much different cryptocurrency projects and sometimes it is very difficult to understand which projects are usefuls for people and prospective and which projects are not useful and prospective.

If we find hard to understand to search for best altcoin to buy well the best decision we can take on this is we watch how the major alts move because for choosing them we can get good insights that they recover soon once bull market came. Since if you choose altcoins which is newly launched and not been tested yet with bear market season for sure we might see our money drop badly since for sure many people will get panic to secure their funding's and exchange it to stable coins.