Many people have asked me how to choose coins. If you are not sure how to choose, a simple and effective way is to pay attention to the leading coins in various fields.
When the market rises as a whole, leading coins tend to show strong growth momentum. In contrast, non-leading coins may experience violent fluctuations. Although there may be sharp increases in the short term, these increases are often difficult to sustain and will soon fall back. In addition, the market is full of information, and it is very difficult to track the latest developments of each coin.
You may often hear that certain coins have achieved several times growth in a short period of time, but when you start to pay close attention to these coins, you will find that their prices will soon fall back. This rapid price fluctuation may make people feel FOMO.
The reason why leading coins are favored is that they are usually able to keep up with market trends. No matter how the market changes as a whole, leading coins tend to maintain a certain growth. Although their growth may not be as amazing as some niche coins, their stability and long-term growth potential are trustworthy. Therefore, choosing leading coins is a sound investment strategy for those who want to maintain investment stability while not missing the opportunity of the overall market rise.