Re: What kind of project we shall look into to prepare for the next bull??
So, what kind of project will be more benefited in the next bull??
Its not about what kind but how long a project can survive a very bad bearish situation. For me, I am holding those altcoins that continuously giving off staking rewards while the price is down so I get to average my loss to the interest of staking i am getting by holding. A project that can withstand fud and a lot of uncertainty especially in the bear is really something worth holding. IMO, I just keep my eyes on the top 50 cryptocurrencies of the popular ranking website/s.
I may have just got lazy digging deep about new projects so I let others do it first and I will just re-evaluate it. Being in crypto for too long made me feel like that.
Before, I even join their Telegram groups but now, I don't think I can waste that much time anymore.
Stick with the popular, join the trend, and ride the hype. But don't fall in love. It actually doesn't matter anymore what project they are making anything can be bullish, I mean, a meme coin did it. Then, even a good project could also fall, we saw Luna happen.
There's really no assurance on where their market will go and if you are looking for short-term profits, I recommend that kind of procedure.
Perhaps can share with me which coin you're looking at? Alot of efforts need to be done to understand the market and projects as there are so many projects that need to filter to identify whether the project is a scam or not. High risk high return, that's why it's worth to take.I may have just got lazy digging deep about new projects so I let others do it first and I will just re-evaluate it. Being in crypto for too long made me feel like that.
Before, I even join their Telegram groups but now, I don't think I can waste that much time anymore. Stick with the popular, join the trend, and ride the hype. But don't fall in love. It actually doesn't matter anymore what project they are making anything can be bullish, I mean, a meme coin did it. Then, even a good project could also fall, we saw Luna happen.
There's really no assurance on where their market will go and if you are looking for short-term profits, I recommend that kind of procedure.
Perhaps can have a look at FireDAO as our project is targeting the for long term and to create the biggest community in the decentralized world.