Post
Topic
Board Trading Discussion
Re: Hype or fundamental or technical analysis? what is more important in crypto?
by
shield132
on 12/09/2024, 10:19:49 UTC
Recently we can see that meme coins which have no fundamental or usecase are gaining popularity over solid project. Now i have a question- what is most important in crypto? hype or fundamental? And how can I identify that hype of any project is at it's last stage?
I invest in fundamentals because I know that there is a valid reason for my investment to grow. Meme coins are shockingly popular and profitable but it's pure gambling. Buying a meme coin and gaining a huge profit is similar to playing slots with the aim of winning the jackpot. Yes, it's possible to win the jackpot in slots but it's very rare, and so are the meme coins, it's very rare to buy a coin that will rise a thousand times.