Trends Attract but Not All Cryptos are Profitable

[IyemRoker]

Not all cryptocurrencies can be profitable because there are always cryptocurrencies that don't manage to be on the right track so the coin dies in the middle of the road during development.
There are so many examples and maybe I don't need to give examples of the dead coins because it's unethical if I vilify a coin in a forum that is pro with this cryptocurrency, namely the altcoinstalks.com forum.

[collinsjie]

From my experience so far in the crypto business, not all cryptos are profitable. before you trade any coin or token you to monitor the movement in the market of the coin first and see is what you can invest in and trade. There are some projects you invest in and do not find meaningful movement in them.

[AGM]

It's really fantastic writing by you and i agree with your thoughts. Many of us make the mistake particularly those who are beginner in this platform they make the mistake. They want to buy more and mare and only reason is to make large profit which is not possible most of the times but their expectation increasing day after day.

[Ankit1999999]

In 2017 when ICO was the best money making opportunity at the time, thousands of scam and shitcoins came into play within 2016 to early 2018 and today they are more, same thing will happen with this metaverse craze and meme coins just know where to put your hard earned cash.

[gurunanakji777]

I heard the term Trend is a friend so always go with the trend but you never know when the trend changes all of sudden. Yes, one can be trapped if not do the proper research before investing in any coin. One should not be enticed by the earnings of the other and do not follow blindly signal providers. Have some basic and fundamental knowledge about the market to improve your trading skills.

[gunhell16]

The majority of the altcoins here in this industry are not profitable that's the reality things happens here.
Though, cryptocurrency was very trend all around the globe but it has a high risk once we invest, this is the fact
that we need to accept here as an individual investors.

[Freemind]

With the growth of cryptocurrencies, all projects begin to grow, with the exception of only the scam, which themselves lowered the price on the exchange, then brought down the market. You need to invest in projects that have been on the market for a long time and are traded on different exchanges.

I partially agree with you, but not entirely. Investing only in coins/tokens that have been established for years means that we may miss out on real gems that have only been on the market for a short time or are about to appear. It is true that there is a certain "security" in already known projects, but I think that giving opportunities to new projects can make us obtain good benefits in the next project that can shake the market. It is a matter of monitoring the market to know what new projects appear.

[innerpumper]

Something interesting is different from something unique. more unique things will create short-term hype, and of course very profitable . whereas pulling is something that can be monitored for the long term, it's a bit of a hype but a sustainable gain.

[pacar_tiri]

From my experience so far in the crypto business, not all cryptos are profitable. before you trade any coin or token you to monitor the movement in the market of the coin first and see is what you can invest in and trade. There are some projects you invest in and do not find meaningful movement in them.

Do research firstly before invest.
Not all cryptos are profitable, Several of them are scam and also worthless.
We should have good analysis to choose the project or coins.
It will take several time to do research.
If you have good analysis ,you will detect what coins are better to choose for short or long term.
We know crypto is unpredictable, So be careful.

[dekafee79]

Not all cryptocurrencies can be profitable because there are always cryptocurrencies that don't manage to be on the right track so the coin dies in the middle of the road during development.
There are so many examples and maybe I don't need to give examples of the dead coins because it's unethical if I vilify a coin in a forum that is pro with this cryptocurrency, namely the altcoinstalks.com forum.

Yeah several of crypto projects were dead projects.
That's the fact.
I agree with this, Not all cryptos are profitable.
I think we must choose the potential project to invest, if we have wrong analysis we will lose. Because Invest in worthless coins.
The basic analysis is technical and fundamental analysis, we should learn both before do research.