Post
Topic
Board Altcoin Discussion
Re: Trend or long term projects?
by
ndutndut
on 08/02/2024, 21:55:10 UTC
Many are interested in short term with most of the new projects because it's always like the first blow of the project where in many gets to make a profit. And that's what they've seen from those as they observe so they never go too late with it and upon investing, after making a profit, many are wise enough to go with the long term projects and that's how they're growing their money. The investments with the newer projects could be risky again upon doing it.
Well, many people take advantage of this moment for short-term investments. Sometimes the choice is always on a new project, where the initial price will usually be very high. They take advantage of this moment to generate short-term profits. However, many people will end up aiming to increase their investment in existing projects for the long term. Personally, I still often do this. Leverage profits from new coins to increase assets on old coins such as erhereum, BNB and others.
In essence, short-term investment is also good, but it depends on a person's ability to analyze and continue to follow developments in the project he is investing in. because it cannot be denied that many people are successful in short-term investments. Especially in new projects, they are good at taking advantage of the moment to avoid risks.

But for beginners or those who are not very good at analyzing projects, or those who don't want it to be complicated and don't want to have high risks. So the best advice and wise choice for long term investment is the top 5 marketcap coins.