Three selection rules for long-term investment in altcoins, be sure to remember!
1. Avoid choosing altcoins with too large market capitalization: #FIL💰智能多空策略
Altcoins with too large market capitalization have usually experienced a period of prosperity and may face the risk of being replaced by emerging competitors. For example, the previous EOS, BCH, BSV, ITC, TRX, XRP, FIL, LUNA, and the current ADA, DOT, LINK, these currencies may be eliminated by the market in the next competition cycle.
2. Avoid choosing altcoins with too low market capitalization and limited trading platforms:
Most altcoins with low market capitalization and limited trading platforms are often the "cutting leeks" targets of speculators, although projects like SHIB performed well in the last round. Therefore, the probability of success of investing in these projects with high risks is extremely low and should be avoided as much as possible.
3. Avoid choosing altcoins with old-fashioned concepts and lack of innovation:
The crypto market favors innovation and fresh concepts, so when choosing altcoins, avoid those projects that are not new and innovative. Instead, altcoins with fresh concepts and innovative properties should be chosen, as they are more likely to attract market attention and capital inflows.
