The most common mistake that causes people to lose money (after horse-backed futures) is underestimating fundamental analysis.
For some reason, people think that at the next bull run, all the alts will fly into space, and you can invest in the top 10 on coinmarketcap and not worry. These are reliable coins, with a strong history and commands. Anyone will get a couple of lawsuits.
But the reality is different. Those projects that achieved success in the last hype are unlikely to provide significant growth in the next wave. And most often, on the contrary, their profitability curve goes down. Some will even sit down (like the sad TerraLuna).
Whatever one may say, if you want to make money, even in the long term, you need to be able to conduct a fundamental analysis of the project before buying it.
Would you like to see an example of proper fundamental analysis?
