It is better to stay with experienced project instead of throwing money into random projects
Some of my friends invest money in random projects without thinking more about it. Now, if we are on the steem we have seen many articles regarding the research. And that is why we know how important research is. If there is no good service, and no good use case then that project will not rise in the future It can give you profit for a short time But in the long term, it is a full 0.
Investing and booking a profit is a good thing But the project is also very important Investing in shit coin and selling when a price increase is exactly like gambling this is not crypto because Crypto is all about technology. Now you’ve been in steem for a long time, so you know what steem is. You know the use case of Steem And Steem is very old here. you have experience with it So it is better to keep your Most of portfolio here on steem.
Because those projects are still new we don’t know what will happen with them in the future. Blind trading is also not good. Instead of this, choose the best coins and learn technical analysis, and fundamentals, and then do a trading. Do note the trap in the pump dump scheme. Diversification is important but where you are investing you should know And then you, you can diversify.
If you cannot do this, then just stay with Steem invest your money in Steem, and enjoy your life You will definitely get a good return here But do not invest in any random projects. Cryptocurrency is not just an investment, but it is providing more than that. It is a technology It has decentralization. It has transparency and it gives you freedom. So that is why we have to use it fairly If you don’t know how to use it and you lost your money in random projects, then in the end, you blame cryptocurrency But it is all your fault because you have made a decision based on greed So that’s it for today. And do not forget to share this post on social media with proper tags
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I agree with your words you are saying in this post and the thought you have discussed about choosing the right project is valid. Project that has proven its existence in the market is more better option for the investment.
Thanks for your valuable feedback
There's a saying that says "Early movers always keeps moving". Instead of waiting for that dead project to kick off and possibly catch a 100x on your investment, moving with the moving 2x is better. Thanks for this important content.
That is also right but newbies make mistakes in the crypto market.
Your article is much beautiful . I hope you write articles like this in the future. thank you
I will keep doing it
We face capital losses because we don't invest in good quality projects.
exactly..
Thanks for telling the truth.
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