Post
Topic
Board Altcoin Discussion
Re: How to investigate and research new projects ?
by
Hypnosis00
on 29/09/2022, 22:59:52 UTC
Top coins are the right choice if you really want to invest for the long term,
but still we have to do our own research and never ignore it,
Ethereum and BNB are examples of the top coins that I think almost everyone knows and there's no doubt about that
indeed there is no doubt on the top altcoins like ETH and BNB, but even so these 2 coins still have the potential to go down even worse than they are today. Just need to enter at the right price and hold on for the long haul. I personally still hold both coins and I continue to add to my investment. however, for new projects, detailed research is needed so that it can be seen how the potential for the future is, but only use part of the money, not too much for new projects.
In this situation, we are supposed to be more practical in choosing coins to invest with and hold. Keeping new projects is totally risky and we are not even sure they will survive this bear market. But as we are buying the leading coins in the market, it is pretty to have the assurance that this will grow and recover after this bear season. And the good thing is that we no longer spend and waste time digging for legit projects (new) and not even sure if this will give us a passive income or end up scamming.