Three golden rules for long-term altcoin investment

Be sure to remember!

1. Carefully select high-market-cap altcoins:

Most of the high-market-cap altcoins have already experienced their peak period and are at risk of being overtaken by emerging projects. Like EOS, BCH in history, and ADA, DOT and other currencies today, they may no longer have an advantage in the future market competition.

2. Avoid altcoins with low market value and narrow circulation channels:

Although there are occasional low-market-cap currencies such as SHIB that emerge in the market, generally speaking, altcoins with small market value and limited trading are often the target of market manipulators. Investing in such projects is extremely risky and the chances of success are slim.

3. Do not choose old and uncreative altcoins:

In the field of cryptocurrency, the market always favors novel and unique projects rather than those that follow the old path and lack creativity. Therefore, when choosing altcoins, you should tend to those projects with innovative thinking and novel ideas, which are more likely to be favored and sought after by the market.

If you want to delve deeper into the cryptocurrency world but can't find a clue and want to get started quickly, you can look at my homepage profile. I hope our encounter is friendly.

#NOT #PEPE