If what you want is to learn and earn money, I recommend that you avoid meme coins and learn to know which projects can be successful, it is not easy, but with prior knowledge you will have things clearer.
If you can't see into the future, you can never know for sure which projects are promising. But I agree with you that with a lot of knowledge you can develop a good intuition. Nevertheless, one should be aware that not all new projects that promise success will be successful in reality.
But If talking about profit, double or triple profit we can choose new coins.
That's right. But only if the new coins are actually successful.
Tell me, do you have a 100% hit rate with your selection? I have already invested in promising cryptocurrencies, which then turned out to be unsuccessful. Even with a lot of knowledge, sometimes you're lucky and sometimes you're not.
My personal recommendation is the charity coins because every investment counts and it is helping the people in need as well. So I believe in humanity
I find that really likeable! Charity is definitely a good start. But there are also cryptocurrencies based on proof of personhood that are linked to the idea of a basic income.
I came across proof of stake but haven’t hear or read about proof of personhood could you maybe explain it a little closer? To be honest I do a lot to save our environment – I already felt a bit guilty to invest into cryptocurrencies when most of them do the contrary thing…
Well, in this innovative proof of personhood procedure, all participating users have the same chance and opportunity to contribute to the functioning of the protocol - and to receive a correspondingly equal number of rewards. So you could say that these are democratic cryptocurrencies. There are already a few coins that use the method so far. However, I only have my own experience with Idena. There are puzzles to be solved during validation. It sounds unusual at first, but it's not really difficult for a human.
In 2022 most of the crypto fan thought that the crypto market will bring the new wave but the current market is different. As the market is downtrend so it is better to wait for the next turning point.
The year is still young. Many things will still change. And certainly not only for the worse. The question is whether you want to wait until there is an upward trend again before buying. Or whether to buy now and possibly sell again when prices rise.