When investing in cryptocurrencies, it's essential to avoid the "fear of missing out" (FOMO). With so many projects available and limited time and resources, it's crucial to focus on those with a higher probability of success rather than chasing every opportunity.
Telegram P2E
Currently, Telegram's money-making ecosystem is oversaturated. Numerous projects are vying for attention, and competition among participants is intense. This competition is evident in the constant launch of new Telegram-based mini-games, including attempts from older, declining projects like CryptoKitty and FlappyBird to revive themselves through the platform.
On the other hand, individuals are increasingly using multiple accounts and automation tools, which dilutes the earnings from these ventures. After several rounds of draining resources through projects like DOGS, CATIZEN, and Hamster, these initiatives have lost their value in attracting new users.
The abundance of participants in Telegram's money-making ventures has made it less appealing to exchanges. Projects once sought after by exchanges are now less likely to secure listings, reducing their appeal to serious investors.
đ° Rabbit, X Empire
New projects like Rabbit and Musk X Empire are already showing signs of underperformance, with some participants even losing money. Instead of spreading yourself thin across many projects, it's better to focus on promising ventures like Blum and Binance's MoonBix, which have solid backing from Binance.
For those engaged in daily check-ins or low-investment activities, continue with zero-cost strategies but avoid overcommitting to new projects. The earlier phase of earning $FREE tokens is over, and efforts should be directed towards more substantial opportunities.
The migration of Web2 users to Web3 remains largely a narrative, and the true engagement of new users is limited to the established crypto community.
In conclusion, rather than chasing every new opportunity, focus your energy on sustainable projects with the potential for long-term gains. Avoid unnecessary spending and resist the temptation to open new ventures in an already crowded market.
