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Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« Last post by taufik123 on Today at 07:48:06 PM »With regard to the right coin, the first position is certainly highly recommended to include Bitcoin in the portfolio and top Altcoins such as ETH, BNB, SOL can be other alternatives.Including with the most professional trader can't predicted 100% true because many possible unpredictable with bitcoin and altcoin price. But make research has chance how to minimalize with loss and bigger chance with earn much profitable.Analyzing the market and predicting the market with 100% accuracy is impossible. No matter how experienced an investor or a trader is, he can never say with 100% certainty that the market may go this way in the future. There are investors or traders who just observe the market and take an idea and based on that idea they usually trade or invest. Here is a discussion about finding good coins. There is a big difference between choosing a good coin to invest in and monitoring the market. Choosing the right coin is the first step in investing and it is a very important step because a mistake in choosing the right coin puts a lot of money at risk.
I think make research firstly on some coins to trade make us be careful when investing in some coins, indeed can't predicted 100% but has chance to earn profit although need few moment before coins investment reach higher price.
But there is no need for in-depth research for the top coins that you already trust, just need to know when to enter to get a cheaper price.
But for altcoins that are still new or memecoins, detailed research is needed to find out how the progress and trust for the coin, don't get stuck on shitcoins that will only be abandoned.