How much do you know about the crypto asset that you are currently looking for and that you are planning to invest in? Or are you just following a good trend for an asset without knowing the background of the price increase?
For beginners, it must be easy to be tempted by a new project, then they forget that not all new projects will be successful and can increase their profit to a maximum of more than 100 percent. So knowing for sure your favorite crypto can be the safest way even though again, there is no security to keep your money without loss in the crypto world. But at least with knowledge, we can turn those losses into gains again even though it takes time.
Without knowledge, a loss experienced by a person will only cause trauma and blame an asset or market. Someone that fails to take a lesson and is dragged into the cruel currents, especially the crypto market.
KNOWING THE TEAM AND DEVELOPERS OF A PROJECT
More and more days, there are lots of new projects emerging by launching their respective tokens. Before deciding to invest there just because the token of a project is "hype", you should get to know and dig deeper into who the teams behind the project are.
The sophistication of technology and the internet will generally open up the background of the people who are in the project. From there we decide whether the project will be successful in the future or not.
We don't want to invest money in things that simply won't work out and just make your money vaporize for meaningless conversation.
ALL IS NOT ABOUT THE CHEAP PRICE AT THE BEGINNING
The crypto world is unique. Tokens or coins with very cheap prices are almost worthless in the first, which in the future can turn into expensive like diamonds.
But then again, it's not about the cheap price to start with. I, too, have been trapped by a stigma like this. I thought it would be a good investment in the future because the prices were still very cheap back then. Then what happens is that the project is completely unsuccessful and the coin or token has no value in the market anymore. It's really sad!
So, of course, this is a reminder for me and the readers of this article. It's not about the low price at the start of the project that tempts us to invest there. It is about what and how the token or coin is successful with their project development.
Stay cool!
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Best Regards,
Anggrek Lestari
Anggrek Lestari is an Indonesian fiction writer who has published two major books. Now She is a full-time content creator. She has a goal to share food content that makes others happy and can get inspiration for foods that are easy to make and contain elements of health.
Make sure you follow her blog as well for some interesting discussions about life other than food.
If you need a copywriter for your projects, Anggrek Lestari will be ready to help you.
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