Post
Topic
Board Altcoin Discussion
Re: Trend or long term projects?
by
soramon
on 08/12/2023, 20:22:37 UTC
Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?


I don't follow coins that are trending because they are not suitable for the long term, but it's like gambling, it's better for me to buy long term coins even though my portfolio doesn't increase that significantly compared to coins that are trending, it can increase up to 1000x but it can also make our money disappear. Just invest in coins that are long term and have a good future because we also invest with the expectation that sometimes investments do not make a profit or loss but also maintain our own wealth. Do you agree with my opinion?