Bitcoin is high valued coin. There is no risk in investing in Bitcoins because it is the most trusted coin. Shib is low value coin and there can be some risks.
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Yes, you're very correct. Without making the proper research on the coins, it's going to cost you when you invest in crap coin that will fade away. Matic is good, I have traded it a few times.When you are investing in small coins you also need to check the developers and how committed they are to the project like mantradao, Matic , lead and self key a good coins to invest on because the developers are committed and creative.
Matic is a good choice. Another thing that can help is the companies or institutions that are in partnerships with the developers. If Binance is behind a coin, that's one good indicator for me.When you are investing in small coins you also need to check the developers and how committed they are to the project like mantradao, Matic , lead and self key a good coins to invest on because the developers are committed and creative.
Part of knowledge acquisition as regards trading is also knowing the kind of coin to trade at a particular time and the duration for you to trade it to make profits.I think the best thing is to acquire knowledge about cryptocurrency trading before you can decide on which coin you want to investing. As for me I will go for low-end coins with a prospective future.
Yes , you can take example of dogecoin which I remember was worth around $0.001 before few years and now the price is $0.22 , same thing can happen with other low valued potential altcoins like shiba coin.Honestly, investing in low price coins will do the magic for me. These coins are those coins with 4 to 5 zeros. One can never tell when they are going to be valued as high as 0.1 dollar. it is termed as a long-term investment and that is why one needs to be patient.
The Crypto currency market is growing faster lots of coins are growing faster and the bigger coins are also growing. If you had money like $200 now will Invest in low value (smaller coins ) or high value coins ( bigger coins)?.
I think that it is best to rather split your investment between some of the coins being the high coins and the other coins being the low coins because that will help you to make up for losses as well.The Crypto currency market is growing faster lots of coins are growing faster and the bigger coins are also growing. If you had money like $200 now will Invest in low value (smaller coins ) or high value coins ( bigger coins)?.