Always the popular ones, no matter how the market behaves. Even if there is a bullish run, if the project won't have that much of popularity, it will be still at risk of failing. The reason is demand. Popularity simply creates demand which is the determinant of the market price and outcome of a project. At this point wherein there is no clear trend line, would it still be advisable to invest before the bull run given that there's no certainty of when will uprise movement take place. Therefore, patience should be more given attention than risking that much for new projects.
In my previous topic, what I'm wondering about is launching project during the bear market a good idea. Currently the market is so bearish that most of the investors are not taking much action. But we always have to be sensitive to the market to prepare for the next bull.
So, what kind of project will be more benefited in the next bull??
Buy a coin that is in top 20 on CMC, i believe that if you buy coin that has already a good or top record on CMC or coingecko you can earn when bull season start,you can select them for safety, many projects are now scam and there are also new project that is not successful yet don't fall into scam and use some tracking apps to tract the record of every coin so that you can have an idea what coin is legit and scam.
I'd still go with bigger tokens or names in this industry than with newly listed ones. In the first place, these big names are the ones to lead the uptrend, which would generate profit and lesser risk of losing.
Follow the trend, follow the shark.
For achievement of good results in crypto investment you should select well known token because there are large numbers of tokens introducing in crypto industry but not all of these are successful and well performed tokens. Bitcoin and Ethereum are very familiar as a profitable business for all old and new comers but in present time the token arises are not trustable and we do not know that it will stop its uses and profit or will continues to give cashback.
So always trust in old coins which have been rewarding for many years.
Greadt advice, always look for the lead coins for long term investment.
In my previous topic, what I'm wondering about is launching project during the bear market a good idea. Currently the market is so bearish that most of the investors are not taking much action. But we always have to be sensitive to the market to prepare for the next bull.
So, what kind of project will be more benefited in the next bull??
I am more interested in
Artificial Intelligence-related blockchain projects for the next bull run. But my main one is always bitcoins. But the thing is project type trends are changing from time to time. We can not say exactly which one is the best for the next bull run.
We all know that AI is the most popular theme now in the market, but which project is related to AI? Can suggest??
AI, metavers and NFTs, these are the projects that i see a lot of potential so better to develop a good one for this and maybe you might be able to attract more investors on the next bull run. If you still on a learning phase for the project you are working with, make sure you do analyze and you know how to execute your plans so investors will not be disappointed and that project can be good.
Can you name a few projects for me to look into? The project that I'm involving now is a DAO project that consists of DID & SBT. Here you can have a look and read more information about it
https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307. The project core value is definitely the thing that we're very confident about.
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So, what kind of project will be more benefited in the next bull??
Benefited as rises most in marketcap? That's a million dollar question, projects that are participating to right current buzz words at the time. Projects that have enough strong community.
I honestly wouldn't think about that as a developer. Just keep on building. I have made most money with shitcoins that shouldn't be worth anything so it was easy to sell them, and via new kind of tech like NFTs before nfts were a huge thing. I don't trust projects that are trying jump on the next trend just because trend currently exist. Those have no vision. In fact that's the one thing i am avoiding in the markets
Good thing about buying coin is you can easily sell it whenever you want, even it's during the bear market, there are always liquidity. But for NFT, when it's bear, you're hardly find any buyer to buy your NFT if the one you're holding is failing. After all we need to understand what's the product that we are buying. Trend definitely is the thing but we need to know how to identify a good one. That's why we're here to discuss with each other.