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Just always take note that the lower the market cap, the higher the risk, and vice-versa. Just think that not altcoins on the top are good long-term coins to hold as well. I guess what I also say is that, always be ready in whatever may happen because you might see your token plummeting by -80% or even more because the token you bought is a scam coin.
A piercing answer😁.Just always take note that the lower the market cap, the higher the risk, and vice-versa. Just think that not altcoins on the top are good long-term coins to hold as well. I guess what I also say is that, always be ready in whatever may happen because you might see your token plummeting by -80% or even more because the token you bought is a scam coin.
Fundamentals do greatly affect its movement but it is very rare, but technicals are always a reference in knowing the development of an asset and i feel that technicals occur more often than fundamentals. And this technique is more pronounced if used for trading in a short period of time.