Hello everyone, my question is: how often do you invest in new and young projects? Aren't you afraid of losing money if the project closes?
I want to invest in a promising project called CheckDot. Their token sale starts this weekend and I think this is a good opportunity to successfully invest money.
Share your thoughts on such an investment. Maybe you have some interesting cases on this matter.
Personally, I very rarely invest in certain crypto projects, simply because for successful investment you need to study the project and it takes a lot of time. And those crypto projects in which I invested in the first place had a working product in addition to their crypto asset. For example, these were crypto exchanges or DeFi platforms, as well as NFTs. As for investing in CheckDot, I cannot say anything, since I have not studied this project. But if you see success in it for yourself, then probably you have already been able to study it and saw in it what interested you. In general, with regard to investments, the main thing here is to adhere to the main rules of investment, and then your chances of success will increase.