It sure is! Now is the time to start researching the hell out of those projects you think will go the distance and getting onboard (well, perhaps after the market cools down next)!
The true players in the space tend to always shine through in the end, but we're seeing some crazy stuff being sold in the market at the moment. Who knows which are good or bad projects, but certainly only around 5%-10% of them will survive as true winners.
I think intensive and keen research is the way forward.,because there are whole lot of them choosing now becomes challenging on which of the project to invest but you can go through this web [coinmarketcap] they offer comprehensive breakdown of the whole project.
CoinMarketCap is great, but there are more things you should take into account when researching too as I'm sure you're aware.
There are too many to list here, but I'll be writing up a post in the near future on how I do my due diligence and assessments for trading or long-term holding.
I personally find a combination of technical analysis, good understanding of the project & technology, up to date news and blog information and a good sense or recollection of historical market similarities tends to do well in these situations.
The markets are moving so fast right now that I'm sure a lot of people are going to end up holding a lot of bags of nonsense or overvalued crypto when we reach the next cool down.
It sure is! Now is the time to start researching the hell out of those projects you think will go the distance and getting onboard (well, perhaps after the market cools down next)!
The true players in the space tend to always shine through in the end, but we're seeing some crazy stuff being sold in the market at the moment. Who knows which are good or bad projects, but certainly only around 5%-10% of them will survive as true winners.
I think intensive and keen research is the way forward.,because there are whole lot of them choosing now becomes challenging on which of the project to invest but you can go through this web [coinmarketcap] they offer comprehensive breakdown of the whole project.
CoinMarketCap is great, but there are more things you should take into account when researching too as I'm sure you're aware.
There are too many to list here, but I'll be writing up a post in the near future on how I do my due diligence and assessments for trading or long-term holding.
I personally find a combination of technical analysis, good understanding of the project & technology, up to date news and blog information and a good sense or recollection of historical market similarities tends to do well in these situations.
The markets are moving so fast right now that I'm sure a lot of people are going to end up holding a lot of bags of nonsense or overvalued crypto when we reach the next cool down.