Basic concepts of investing in cryptoproject tokens | Part 1 🇸🇦
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Investing in tokens is not the stock market. Investor protection is out of the question here. We send our hard-earned $$$ buying another altcoin of progressive Dapps or incredibly fast blockchain, hoping to get rich quickly. Fast riches are what bribe us the most, so we are willing to take those risks. But how do we keep those risks to a minimum? Here are a few conclusions.
🟢First of all it is worth understanding that there is speculation and investment:
➡️ Speculation - when we see a short-term benefit in some token and buy it in order to exit at a certain point (on news or an event) and take a profit. It can be buying before an IDO, before an update, before a burn, or just for a short-term perspective before some expected trend.
↪️ Investing is investing money in fundamentally strong projects for the long term. This is where we believe in technology, and try to find our future Apple and Microsoft in the web3 world.
Speculation interests us mostly in a bull market, when you can find interesting ideas in the moment and win back deals. In a bull market, every news and event gives a good jump for a token, which almost never happens in a bear market. But the time to invest is always a bear market.
😀 Right now, we think it's a pretty good time for fundamental investments over the long term. We have some interesting conclusions on this topic. Click on 🔥 and we will post them tomorrow.
⠀
Investing in tokens is not the stock market. Investor protection is out of the question here. We send our hard-earned $$$ buying another altcoin of progressive Dapps or incredibly fast blockchain, hoping to get rich quickly. Fast riches are what bribe us the most, so we are willing to take those risks. But how do we keep those risks to a minimum? Here are a few conclusions.
🟢First of all it is worth understanding that there is speculation and investment:
➡️ Speculation - when we see a short-term benefit in some token and buy it in order to exit at a certain point (on news or an event) and take a profit. It can be buying before an IDO, before an update, before a burn, or just for a short-term perspective before some expected trend.
↪️ Investing is investing money in fundamentally strong projects for the long term. This is where we believe in technology, and try to find our future Apple and Microsoft in the web3 world.
Speculation interests us mostly in a bull market, when you can find interesting ideas in the moment and win back deals. In a bull market, every news and event gives a good jump for a token, which almost never happens in a bear market. But the time to invest is always a bear market.
😀 Right now, we think it's a pretty good time for fundamental investments over the long term. We have some interesting conclusions on this topic. Click on 🔥 and we will post them tomorrow.