Quote from: Kelward on Today at 05:37:39 AM

Quote from: Mate2237 on March 05, 2024, 12:22:53 PM

And those kind of projects are the once always having one problem to the other. Upgrading issues, site maintaining issues, and others issues so before you know that they have collapsed in the midst of confusion. Please steer clear and buy and invest in popular well known altcoins projects like Ethereum, Solana, Litecoin, dogecoin, and few more. Avoid any coin that is not improving in value.

I've come to understand that reputations matters in the crypto space, whether it's coins, tokens or exchanges, people prefer the ones that have built trust to invest their money in, therefore they're very skeptical about new projects because they don't know whether it's legit or scam. That is why to know how to research a project in the crypto market is very important, it will give you some insights about the history of the projects, to minimize the risks of losing money in shitcoins. Also any projects that can not be bullish in the bull run is not worth putting money in it, because there's no hope of it being profitable in bear run.

Of course everyone will like to invest in a well known altcoins, Investing in a new coin has a high level of risk, reason is because you don't really know if they have the potential to increase in the future. Moreover there are some coins that has been in the market for a very long time no increase in thier value they are always stagnant, I think this set of coins is not Worth it, that is why is very important to make research about this altcoins before making investment so as to know the good coin to invest. However ethereum has proven to be the best among others that is why most investors prefer to invest in ethereum, regardless to the high transaction fee they charge.