With $10, someone can build their portfolio to a good amount, and with $2k, someone can destroy their portfolio with any little mistake in a trade. The real question I've been wanting to ask is how someone can fall into the first category. I've seen numerous friends make good profits from onchain projects with little money. For clarification, I'll surely share some of their profit details on new projects like $BNKR, $CLIPPY, $ZYRA, and many others that I can't count. Are they just lucky, or is it about the exchanges listing solid projects?
When it’s comes to all altcoin trading, then I will say it’s completely luck, your friends were just lucky to be making money from the projects which they invest in, and I won’t say it’s the exchange which they trading that are listing solids projects. I don’t think there is any exchange that will say they only list solid projects, all exchanges are after money right now, as long as you can pay them, then they are ready to get your coin listed on their exchange, they don’t even care if the project is a solid one or not, and most of the altcoins which are entering the crypto space right now don’t really end up well.