I think cryptocurrency industry is a place for the smart people and is also best known to people who can utilized every single opportunity that comes across their ways. That is to say, knowing when to invest, knowing when to take profits and knowing when to hold; this could be for long term or for short term. The main point is not getting scammed by anyone it could be project team or from fellow investors. Just like those coin I mentioned above most people already sold out meaning people holding them is like having empty coin, the smart people has already taken their profits.
In the crypto world, we always have to learn to gain knowledge and experience, because there are lots of new technologies that we can learn there. When it comes to choosing safe coins, of course old coins are the priority, but we can also start studying new coins to increase our knowledge.
Knowledge is one of the basics that must be possessed when it comes to crypto, especially if you want to invest in crypto. Understanding this is very important for choosing which one is the best to invest, when to enter, and how long do we do it? With adequate understanding and knowledge, at least we You can already prepare several strategies and ways to do it, without rushing or becoming a victim of hype or FOMO.
I still believe in old coins, just not all of them. Even coins that you believe will not explode will, exactly like doge. If you remember, doge coins were formerly worthless, and you could even acquire them for free because they had no value, but they are now worth about $0.14. How much more with the old coins, which have an attractive roadmap. But I admit that there are good old coins that are safe to invest in but do not provide high profits. We need to keep away from them so that you can maximize your gain.
Yes, I agree.. It will still depend on what coins we hold. As long as it is a coin that has potential, the fundamentals are good, and the market cap is high enough, there is no reason to hold it. Like ETH, BNB, XRP, Doge, and also LTC. But if it's a shit coin, it's better to let it go and forget about it. Because many of the coins are old and have turned to ashes, then they are like trash in our wallets