Post
Topic
Board Altcoin Discussion
Re: Do we just invest in any altcoin?
by
MiF
on 30/06/2023, 11:19:09 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.

Well you have a point,choosing altcoins to invest is very difficult since there are so many new projects when bull market is about to come choosing is a very serious steps in order for us to earn in crypto,because if we choose a good coin we will earn but if we fall into scam projects we will surely lose,my suggestions is invest in different altcoins that you think can give you a profit it is a good strategy to invest in different coins than to only one coins because if you get scam buy one coin there is a lot of coin to still wait and hold.