Post
Topic
Board Altcoin Discussion
Re: Invest Only In a Coin that Increase in Value in this Bull Run.
by
wheelz1200
on 02/06/2024, 17:52:53 UTC
If a Coin or a Cryptocurrency Project that has been launched and it is not increasing in value in the bull market while others are increasing tremendously, I advise you not to invest in that coin because if invest in it and it's not increase in value now till the bear market again then when do you think the coin will increase for you to make a profit. Investment is all about calculation and wisdom and just throwing your money in the ocean and thinking that one day you will make when the water rise. Investing in altcoins is a very good idea and decision but invest wisely and not to regret later because the coin you invested was nothing but a cymbal drum from the ecosystem to make noise for recognition and the developers of such coins are not to make you benefits from them but for them to make money or profit from you as you invest.

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.

You can't just blindly say if it's not going up now don't buy it.  What if people did the same with dogecoin in 2018 or 2019.  It wasn't going up but those who poured money into it killed it in 2020/21.  I do agree though that putting your money into highly successful projects like bitcoin, eth, etc limits your downside risk.  Throw most of your money in there and gamble on a few with a much smaller amount.