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RE: Find Your Rocky, Macro Thoughts

in Threespeak3 years ago (edited)

Interesting and educative Input right here @theycallmedan

We see a lot of investors looking down at new projects, just because they are new. Well, we can't blame them.

A lot of short term traders use the pump and dump method to bag some profit on the short term period, thereby leaving such projects at a devastating level.

This shouldn't be the mindset of a Crypto investor or trader. We need to look at the long term yield and result, which may be x1000 of what we would have gained by following the pump and dump schemata.

Like you said, we need to find a sustainable project that would give us that long term result. We can also help in building the community, as it would benefit us and benefit other investors.

But how do we know a good project?

Aside having a good case use, good road map and much more, one of the things you said which I strongly recommend is checking out how the community survived a bear season.

Since the bear season cleanses the community and removes the "weak", understanding how a community survived the bear season and how it bounced back During the bull run will give us a hint about the sustainability of the project.

Good input @theycallmedan
Think Long term!