Post
Topic
Board Altcoin Discussion
Re: Do we just invest in any altcoin?
by
fvb
on 03/06/2023, 17:51:58 UTC
I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market  and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly.
Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return?
Because I know altcoin rarely survive the dip maybe after bull run.

This of course always happens when something similar to the rise of the market begins. And at this time, there are a lot of projects that, as you said, do not meet the standards and, moreover, are not suitable for listing on well-known exchanges. Especially on Binance. The answer to your question about investing. The point of investment is to make money. But before investing your assets in the project, you need to understand the importance and usefulness for the industry as a whole and the prospects for the future.