While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?
Mate first things first
Start with exploring the project and figuring out what to expect from the team
That's a great point! Point Network for example has a huge potential, I'm waiting for their MainNet launch, it's in 2 days
I've come across this user. He have been promoting point network throughout the altcoin section wherever it is asked about the better altcoin investment.
Whether it is point network or any other altcoin investment, there is risk. Just on someone's word never go for an investment. This is not at all adviced with cryptocurrency investment. When you make an entry to a new project, make sure you know well about the project and it's scheduled plan. It is always good to have a portfolio with altcoins in the top list and further have a separate portfolio for low level and new projects.