Topic: Am I doing the right thing (Read 1382 times)
Bitcoin and Ethereum already mooned. You won't get rich investing in those, you need to invest in new projects like MAXX finance, SUI and Lamina1.
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
AVAX is a project that I have always liked. But I still continue to invest in Bitcoin because we are in a time of global crisis and I think we should take less risk. If everything changes then maybe I'll consider taking more risks, but for now I'm a little distant towards coins other than Bitcoin. It might be better to just insist on Bitcoin until the global crisis is over.
In this market I will rather invest in new born projects with potential than sticking with projects that have already did 20x in last bull run, to maximize huge gain you have to forget big projects and choose small ones, pretty risky but very effective when it comes to return if investment.
new projects don't look reliable to me in such a market.The reason is that we have seen how large projects with big money have fallen, so I don't go into new and fresh projects for large sums.
People's opinions and people's desires are of course different, and there are those who invest in bitcoin and there are also those who invest in altcoins, to invest in altcoins and bitcoins, of course, it's fine as long as we profit and make a profit, but in my opinion investing in altcoins is a risk higher than investing in bitcoin.
How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
Those coin that you have mentions above is great and there is a lot of potential in it, and I believe that they have a bright future, but most of the issue is not on a coin itself because we can find a lot of good coin on cmc or in coingecko depending on their rank the issue is the time that we can still hold strong when the bear market drag us down, or how we can make a good strategy or timing on selling, most of the new investors loss because they don't have experience and when the bear market come they get panic and sell at loss that's why they loss, just always remember we will not loss if we don't sell at loss. Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
In this market I will rather invest in new born projects with potential than sticking with projects that have already did 20x in last bull run, to maximize huge gain you have to forget big projects and choose small ones, pretty risky but very effective when it comes to return if investment.
The potential for huge profits from new projects is real, but it is important not to forget that the risks are also huge and not everyone is in a position to accept them. Success rate of new projects is too low, 100 new projects will probably have 1 successful project and to find the right project is not easy.
I also invest in some new projects but don't put too much capital, I focus on bitcoin and eth, just need a small amount of capital to be able to participate in new projects and shitcoins.
To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register
Rise of the market always attracts attention but it is necessary to create the project that will be really necessary for people and will be in demand in the future.
Because of big inflation in many countries many people do not trust fiat.
Very often people use cryptocurrency for investment purposes and monitor the market looking for new opportunities for investment.
Beginners would like to understand in advance the risks of investing in crypto. If you feel you are able to do that, then determine if you have good potential for the future. For example, investing in bnb which has become a popular token among crypto investors and traders because it can be said that bnb has become a competitor for the eth network. As we know the network is the most important thing in transacting in crypto.
To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register
The demand in cryptocurrency continue to grow and more and more people believe that cryptocurrency market soon will continue to grow.
Rise of the market always attracts attention but it is necessary to create the project that will be really necessary for people and will be in demand in the future.
I feel that the bull market can make a lot of money, so you should try to choose the cryptocurrency that benefits the most. Among the altcoins, try to choose large currencies like Litecoin and Grapefruit.
How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
to get money in cryptocurrencies other than Bitcoin and Ethereum you really have to invest or trade,Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
but if you want to get it for free of course you can follow Faucet or airdrop,
you mentioned like Avax, phala Network you of course have to trade, but if you want Doge or maybe Dash you can play faucet
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Well, it's a good decision to make good profits because we know how much value there is right now in bitcoin, so it's really tough to buy a whole bitcoin. So we also invest in altcoins for short-term, mid-term, or even long-term goals. and from where we already got results too. But lots of popular altcoins have already finished us too, like Luna. That's why it's a little risky too, because who knows what will happen next? But yeah, whatever coin you choose, Avax is really a great coin to invest in right now because it is really a strong project for long-term holding. Then the Mina protocol is also good, according to my research, so I added some to my portfolio. But the other two coins, I really don't know about those coins. This is all about my opinion regarding your concern that others' opinions might be different. Thank you.
Personally, I can say that if you invest in cryptocurrency, then this is already the right thing to do, as investing is already the key to great success. And cryptocurrency is now one of the most promising investments.
Elections can indeed lead to the investment path, but it would be better if we could understand more deeply about what you are going to invest so that it makes you feel that this is indeed on the right track. Don't forget to also achieve more mature goals so that your investment plan is more focused and systematic. Last but not least, understand the risks
In this market I will rather invest in new born projects with potential than sticking with projects that have already did 20x in last bull run, to maximize huge gain you have to forget big projects and choose small ones, pretty risky but very effective when it comes to return if investment.
Investing in the newly developed altcoins or tokens is the best way of making huge sum in crypto. And it can also be a means to lose hugely. What I used to do as a newbie was to be in the group of pro in the Cryptocurrency field and follow their investment suggestions as the bring them up before I learnt what to look into when researching a project to invest into.
To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register
It is good that cryptocurrency market continue to develop even during the fall of the market.
A lot of new projects appear which offer people a lot of useful opportunities and create tools which are in demand.
The demand in cryptocurrency continue to grow and more and more people believe that cryptocurrency market soon will continue to grow.
Beginners are not a problem if they dare to take the risk to lose. Beginners are not advised to invest in cryptocurrencies that are quiet because they do not learn about risk, even if they understand risk, even beginners or experts are the same. what they need is the courage to make a decision.
Not that they can afford to lose, we will now allow them to invest in other coins which are not in the mainstream. Investing in btc and eth do already has their own risk. It would be better if they can start here. As soon as they have an experience already on how things work, maybe that's the time they can up their game by picking coins which has more risks. Beginners and experts aren't the same but there is a big gap between them.It's just experts are well experienced and they are not afraid anymore but beginners are usually scared on everything. Op said he wants to invest in good altcoin but he didn't know that eth is already a good altcoin.
Personally, I can say that if you invest in cryptocurrency, then this is already the right thing to do, as investing is already the key to great success. And cryptocurrency is now one of the most promising investments.
To be successful in cryptocurrency market it is necessary to study and constanly monitor the market to find new prospective projects that will be useful in the future and new platforms like this https://my.ebinity.com/en/register
Many people are looking for new opportunities that new cryptocurrency projects offer.
Cryptocurrency industry are actively developing offering more opportunities for people and allowing them to earn more money.
It is good that cryptocurrency market continue to develop even during the fall of the market.
A lot of new projects appear which offer people a lot of useful opportunities and create tools which are in demand.
in the market neither newly launched or not which choosing the best projects is something that you cant really able to do immediate and of course it would really be involving lots of research and in depth
reviews over and over again and see if it would really be worth or not and sometimes it does really need some mix of luck whenever you do make out some choices since not all good projects
do really end up on getting support thats why there's no one could really tell on what would be the future likes.
How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
The market condition isn't running good around 1years. So it's really high risk to investing on altcoin. Even then, by keeping some basic in mind, I think profit can be earned. Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
- Research about the team
- Take a look their road map
- In most cases tokens with lower supply have more potential
- Select if there have burning option
- Avoid tokens that increase supply at will
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