Post
Topic
Board Altcoin Discussion
Re: Reasoning before investing can save you from lose
by
irhact
on 16/01/2024, 15:59:37 UTC
Investing without any reasoning can just make one to invest without considering the risk and the probability of making lose or making gain from the investment.

Investing without doing your research will make you to invest into scam projects. Many individuals don't know what the project they're investing into is doing but as they saw the project is been hype they start to invest into it and they they don't get profits they'll regret. There are many bad projects and not all projects is good for investing therefore we shouldn't invest into a project if we haven't done some research on the project to be sure the project isn't a scam one.

Reasoning will make you know the team behind the project and the plans they have that can make the project to become successful to make their investors to make alot of profits. Don't invest in a project only because the project is trending on social media or an exchange listed the the project newly. Most exchange don't do their research anymore before listing which is why many scam projects are getting listed on exchanges.