Post
Topic
Board Altcoin Discussion
Re: Trend or long term projects?
by
irsykes
on 22/01/2024, 16:24:48 UTC
You should know that the crypto markets tend to celebrate new trends and there are some crazy investors who rush to invest when they see a new trend. As a result they eat losses and many make good profits. However many people fell victim to scam schemes from old ico, ieo but in that respect ido management still holds a strong market share. Many new projects are successfully getting top sales from ido which is really commendable.

For short-term profit you should follow the trend; otherwise, you won't make any money. In this industry, money follows trends, and we have seen this before. When there was a meme trend all the meme projects started pumping, and even those scam meme projects as well. Investors blindly invested their money in those projects, so all the projects started pumping. But if you are looking for long term success and don't want to take much risk then explore long-term projects like bitcoin and ETH.
Of course money can grow if we follow the current global trends in the crypto world. The airdrop trend, for example, TIA staking was very trend yesterday which can give us money growth so that several times airdrops have come to give more money than staking capital. and of course everything has a specified time period and we have to update the crypto world news