Post
Topic
Board Altcoin Discussion
Re: Is this the end or only the beginning
by
Devifajarina
on 03/08/2022, 06:37:24 UTC
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.
it's not wrong when many people start trying on new projects, this is something new and must be followed, but can all this go according to our wishes, doesn't everyone enter this space to seek profits and minimize the risk as small as possible, Luna is an example most of the failures of new existing projects, knowledge and caution are needed to carry out investments here


Not all new projects are bad investment choices, because there are some new projects that are good and have a clear function. So it's not wrong
if we want to invest in new projects, but the problem is finding good new projects is very difficult. Because based on the results of my investigation,
the majority of the new projects in circulation are not worth buying, and just copycat the previous project. I mean than we end up choosing
the wrong projects and lose the money we have, we better take safe steps not to invest in new projects. Unless we have good analytical skills and
are also experienced in the crypto world, we can try investing in new projects. But if we do feel lack of knowledge and experience, even our
analytical skills are not too good. So it's better to just focus on investing in Bitcoin and Ethereum which are very safe, because investing in Bitcoin
and Ethereum is less risky than new projects. In addition Bitcoin and Ethereum will usually always recover no matter how deep the price drops,
most importantly we can patiently wait until Bitcoin and Ethereum reach the price target we want.
The number of successful new projects is not included in the category of success, because of the many launched, only a few are able to provide a level of success, that's a reference that people hold and that is the occurrence of new project freming, without making an analysis and find out first before Enter too far.

For me it is not a problem to take a role in a new project, but must have a development that is close to the word success, this is only interesting for us to enter further. Therefore, basic knowledge is needed to make an analysis, so that we are not trapped in the wrong project.