Post
Topic
Board Altcoin Discussion
Re: Another Bitcoin in town
by
Asiska02
on 29/07/2023, 14:31:56 UTC
These types of tokens, driven solely by hype and with substantial market capitalization, are setting a unique trend in the market. But the big question remains: Are they promising for the future, or are they just worthless, leading people down a riskier path in the world of cryptocurrency?

You’ve just answered the question by yourself. Your statements that came after “But” already signifies that there’s a possibility that what you’re dependent on and trying to invest your money into is just a bay to lose all of your funds. Cryptocurrency investment is risky and as the saying goes; no gain without risk. But while taking risk, one should try and take risk with much caution to avoid massive escalation and regrets. No matter how a coin is hyped and fueled by substantial market capitalization, it will definitely have a negative influence in the long run. You can trade but it has to be with much caution.