That's right, whatever happens, investment must be based on your own research. However, being supported by famous or influential people is also an important indicator in conducting research. The most common thing is that Elon-backed Doge becomes the most popular meme coin and the price of Doge continues to move up. The question is whether the President of Argentina is an influential person in crypto? conclude for yourself
The market flows directly with buy and sell order. It's seasonal, might open trade or invest in the bull or bear season. I will advise anyone that's into crypto to trade wisely and with caution because one can not predict what will happen next in the market. In crypto, always advisable to follow top whales footsteps because they're mainly incharge of the market. They control the market with high demand of buy and sell.
There are countlessly safer ways to apprehend the market, follow good proceedings and thorough research, not been blindfolded but clear measures should be observed. Good projects are rare in the space, I'm certain about that, spotting one will be more than enough to milk significantly and unmeasure profits in the market.
The volatility of going up and down, the waves of the market, is a natural process and won't really be that crazy to think of, we are not going to end up with something that will be straight line, it is not a linear process, we have to get used to this.
Too many of the veterans do get used to it, it's what it is and we are not going to end up with what we are getting, however that doesn't mean that we are going to see this as a big part of how it can grow neither. It needs to be realized that while we are down right now, that is just one part of the story, when it goes down, it doesn't just keep going down forever, it will eventually go up, and we need to realize that when it does go up, plenty of great new projects that make people money ends up getting created.