Post
Topic
Board Altcoin Discussion
Re: Invest only in active projects
by
Smitty Werben Man Jensen
on 11/06/2023, 22:52:21 UTC
When it comes to investing in cryptocurrencies, it is generally recommended to focus on active projects. Active projects refer to cryptocurrencies that have ongoing development, community engagement, and a clear roadmap for the future. By investing in active projects, you increase the likelihood of your investment benefiting from continued innovation, updates, and improvements. Active projects often have a dedicated team behind them, actively working to achieve their goals and meet the demands of the market. This helps to reduce the risks associated with investing in dormant or inactive projects that may lack development progress or community support. However, even with active projects, it is still important to conduct thorough research and assess the project's fundamentals and potential for long-term success before making any investment decisions.

You have provided an accurate and well-rounded perspective on investing in cryptocurrencies. Indeed, focusing on active projects is generally considered a prudent approach when it comes to investing in this volatile market. Active projects are more likely to demonstrate ongoing development, community engagement, and a clear vision for the future, all of which contribute to their potential for success.

Projects that are seen as active can end up being scams like big projects that are scams, yes, you all know Terra LUNA!,
Previously, LUNA had a community, very active developers, and their CEO was also very kind.
however it all just disappeared after one problem appeared, that's how terrible the crypto world is, and you know what to do