One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
At least, if you really don't understand how to analyze coins, then choose top coins. At least top 10 on CMC or Coin gecko. Yes, maybe you will be interested in various hype coins that provide multiple profits. However, if it is for investment, it will be very risky.
no, will be too risky.
It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.
I do really agree. it's no easy to find out the right new coins that will have exact potential in the future.
Moreover if it is related to new coin investment, the risk is too high. Even we may meet certain coins newly created that are very hype, this will also probably be risky for us. for, hype coins are not suitable for long term holding. Commonly, people in FOMO with this kind of new coin will face some problems, moreover if they're only following the hype. Even it is not hype new coin, even it is coin listed on exchanges, it will be also quite difficult to pick, if it is not top coins.