In the last few years, thousands of projects have brought their coin to the market through ICO. If we look at coinmarketcap, we can see that most of these cryptocurrencies have no market volume. Most cryptocurrencies have lost their acceptance since they came on the market due to lack of practical plans and skilled team members, and after a while, they have become worthless. However, some of these potential altcoins have come and they have gained a lot of popularity among people. So it is more reasonable to think of potential cryptocurrencies without considering the number of cryptocurrencies.
and hopefully this advice can help you at least to minimize the risk of loss just by investing in real coins.
Investing in alts takes dedication if you are serious into it, because you need your time to evaluate each project that you want to get involved with. And if you are holding a specific coin, you also need to keep up with their progress in terms of development. Because if they are having problem in delivering their targets, start thinking about discarding that coin. Because you may easily end up holding worthless coins. Don't think twice if your instincts is saying that the project is about to go down. Get out while you can still get something from your investments.
yes completely true, I like your input and even I have reconsidered before investing in a new coin. I'm always researching new coins that my instincts find worthy of daily trading, then monitor the progress of the project and I'm starting to understand also when to buy or sell. I also don't want to be stuck in the same hole and leave immediately after making a profit.
