Post
Topic
Board Economics
Merits 1 from 1 user
Re: The power of investment choices
by
AYOBA
on 29/12/2023, 21:54:49 UTC
⭐ Merited by Ruttoshi (1)
It's not enough having an investment plan, knowing the right choice to make for every investment defines the investor better. Take for example jumping on every new coin we find on reputable exchange might not be enough guarantee that coin will do well in the future.
The most important thing a person should learn before beginning to invest is how to plan ahead of time and make better decisions. They must also be aware of the type of coins in which they wish to invest, as opposed to coins that no longer exist. Because it is common for people to invest in coins that have already perished, it is better for us to invest so that our future will be brighter..
Quote

Some coin might have good Supply but low liquidity, some might have high market capitalisation but very poor volatility. Although it's hard to predict the accuracy of a coin performance in the near future this why it is always advised to stick to the known which is BTC.
Indeed, several coins have a high supply but a very low percentage of liquidity. It's evident that certain currencies have a high vitality, but their inability to execute effective market tactics is their main flaw. Some may function well when purchased, but how they perform now will determine how far they can go in the future.