While price expectations were correct with an average of 0.05, based on market capitalization$ETH that had the#NFT​ and being considered one of the most valuable on the market, has shown us that this type of "Digital Assets" have to be taken with great caution, especially if we are dealing with a memecoin or a collection-based NFT project such as$PENGU Today, at its premiere, many people liquidated, the price very quickly reached 0.06 to collapse in an endless liquidation which at this moment approximately 9 hours later, the value of the cryptocurrency is around 0.0274, although the value may have some significant increases, we still do not know if it will maintain its price and continue to fall or at some point it will find a balance point in this dizzying crypto world.
In this case, my investment was liquidated at a loss after I realized that the price would continue to fall mercilessly. Right now there are many coins and projects coming onto the market, this shows us that even though a project looks very promising we must be cautious about the constant dispersion of capital that we see absorbed every day.... too many coins that distract us from our strategies and a lot of advertising noise that distracts us from investing in the "New best coin". The exchange business is to make money every time you buy and sell... that is their mission and whether the price goes to hell or not they care at all.
The beginnings of coins a few years ago seemed exciting, today it is a mere formality, this will make the crypto world more and more volatile (but not for the largest ones), no doubt some will be winners and most will be losers, from now on, will you stop investing in this type of projects in their beginnings? Do you invest when the price is already in equilibrium? Or do you know that this happens and do you have a small capital set aside for the new ones? I would like to know your strategy, nobody wants more losses!