Post
Topic
Board Altcoin Discussion
Re: Do we just invest in any altcoin?
by
sulendra12
on 30/06/2023, 01:05:41 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.
You "could" invest on "any altcoins, there is no one to stop you because it's your money and people in here have been posted several occasions about "underrated" altcoins that make a move and make bigger profit than any top altcoins out there, but is it worth the risk though? especially for many users right here where it's difficult to them even to pick the right time to invest on top altcoins.

This is why indicators, analysis, research exists and little bit of common sense so you won't blindly invest on anything. Big profit on other coins are good on paper but if you can't handle the risk then just don't.