This is very interesting, but I think there are other much more profitable cryptocurrencies to invest in nowadays, I am talking about memecoins like SHIBA.
You are viewing a single comment's thread from:
This is very interesting, but I think there are other much more profitable cryptocurrencies to invest in nowadays, I am talking about memecoins like SHIBA.
Memecoins can offer quick gains but are very volatile. Bitcoin’s steady adoption and scarcity may provide a stronger long-term foundation. Each asset has its risks, so diversification and research are key
You're absolutely right, but there is a phrase that says...
Everything that costs less than 1 cent is easy money....
It's key to dig deeper than price. A coin's low cost often comes with high volatility and risk, so always research its fundamentals before investing and consider a balanced portfolio for long-term growth
You are right, but I prefer to diversify too much in that case, different blockchains... several tokens... i.e. to explain myself better...
40 tokens in each 10 blockchains... could you understand?
Diversifying can reduce risk, but it's key to keep an eye on each project's fundamentals. Splitting your allocation may offer broad exposure while ensuring you're backing quality projects that can sustain long-term growth