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I normally try to split my investments among all my alternative coins. Bnb, ftm and reef are the cryptocurrencies that I am currently holding right now in order to sell in distant future.
Its good and that's the backbone of long term investment in cryptocurrency. The question is is do you know a project has excellent use case? Anyone can come up with anything and create a coin for it.Strong team and good use case has always been my aim when it comes to cryptocurrency Investment .it is the USE CASES that makes a project very attractive to investors. The reputation of the team behind the project also matters as well.
Currently, I have invested in eutherum and litecoin but the way Solana is increasing in value, I am looking at investing in solana coin. Maybe BNB because the reviews are tempting for me to invest on it too.There are many crypto coins which have different values . Many new coins are getting fast progress in the race of cryptocurrencies and their price is also cheap . Many people like to invest in new coins because not this quality that they are cheap and people know in future the value of those coins will increase.
I want to ask ,in which coins ,did you invest?
I believe Cardano has already had it's run since the last correction. It has community but it's price movements have been lackluster. It would be ber to HODL or look for a break even and hold other higher potential coins. Solana is one I'm looking at now.I have hugely invested in ADA with a belief that this coin is going to be the next Ethereum. However, looks like ADA is not getting any traction currently, the price is not moving up.