If you want to make good revenue in the short-term, then going for coins with huge potential with low market capitalizations is the way to go but long-term investments require a lot more patience and tolerance of the coin’s volatility
Like how ? could you explain further ? Do you mean that cryptocurrency with a lower volatility is suitable for long-term purpose and those with higher volatility shouldn't be considered for long-term purposes investment ?
I mean that investing long term in a coin with higher volatility should require patience and tolerance on the part of investors because the prices can fluctuate regularly. That is not to say investing in these kind of coins is business suicide, but to sound as a reminder that one should be mindful of the fact that volatility can go both ways
I understand your frustration. Now, it is essential that you continue to conduct comprehensive research on other coins with great potential, because you cannot put all your eggs into one basket
One of the thing i usually do when it comes to the aspect of crypto investment is that i study the market very well and look out for the coin that has good potential and then buy and when it appriciate a bit,i will now sell.
Well it is a risk that must be taken by anyone that is interested to invest into the crypto space. You can lose your money if it happened to go against your prediction, That's why you needs to use a smaller leverage
Exactly, there are many of potential coins are there that you can invest on, we believe that there is many of them that is rising when you check the market, for me do to the research I have made so far I discovered that alot of coins are rising.
That is exactly what I am doing, there are so many other good potential cryptocurrency I have been able to discover and most of them were doing perfectly until the bearish season.
In terms of trust people will mostly trust bitcoins than most other cryptocurrency, but in terms of profitability I think other currency may be much more
Investing in Bitcoin could be very profitable too judging from your hypothesis if actually they're facts. But left for me, I would want to consider the binance coin before Bitcoin.
There isn't a problem if you don't have money to invest . The
In my opinion, Tron and Litecoin are cryptocurrency coins which have great potential and can thrive in the market because of their low market capitalizations. Their trading volumes are also of a standard amount.
Litcoins is nice. Recently so many investors around the world have started considering litcoin as among the most potential cryptocurrency in existence. However this requires more funds to make proper investment.
Litecoin is a coin which is really growing in popularity due to its low transaction fees and the convenience which this coin affords investors. I would not be surprised to see it progress rapidly
The coin really has a lot of potential and I expected the cryptocurrency to go far more higher than that . It's just so surprising that the bearish season has affected its so badly