Yuzhny

Of course, the community is formed and grows only with promising projects that can give something new and attractive in the field of cryptocurrencies.

It has always been like this, if money appears in some environment, then someone who wants to take possession of it in an unfair way will definitely appear there. You just need to be careful.

The amount of money does not matter, the more you have, the more you can lose. The main thing is to observe the risks in percentage terms.

In the future it will be so. I can even explain why the price of all other assets depends on bitcoin. With a sharp movement of the main cryptocurrency, traders exit transactions for other coins, thereby overflowing funds. The most ideal moment for altcoins is Bitcoin flat.

Yes, this is one of the most important specifics of the market, weak players exit trades at a loss ... and of course, those who trade with large leverage also go into the red.

Unfortunately this is true, but I see that most likely we will see 28000 . But all the same, all weak players will leave the market, let alone projects. Only the most interesting and most powerful will be able to stay in the ranks.

And the cryptocurrency market itself depends on the stock market and the news background in the world. Everything is interconnected, you just need to understand when the most appropriate moments of purchases or sales.

Such an understanding comes with experience, I hope that new users will learn from the mistakes of others. Unfortunately, I learned from my own experience and I know that with the right risk management you will feel much better.

This is very important... the more popularity this area gains, the more scammers are activated in this direction.

If someone is not ready to accept losses, then he will not be able to work in any market. It's a constant series of profitable and losing trades... it's just that successful people make more profitable trades than losing ones. But in the moment, all traders lose...

The fact that new users come is of course always good, more money, more prospects and opportunities. It is very bad that they are not prepared for the market and will basically only bear losses.

I also think that purchases of this kind can only justify themselves in the long run (of course, if the project continues to work and develop).

Of course, the risk is always present, you should not think that you can earn and be completely financially secure. For example, I invest in new projects no more than 5-7 percent of my deposit.

My calculation was that on the DEX at that moment it was possible to buy cheaper than on the centralized exchange on which the listing took place! That's why I was in a hurry and made a mistake...

You need to understand that the stronger the growth was, the longer the market correction is. All the same, the growth was very fast and rapid, bitcoin updated the peak price of 67 thousand dollars. If you remember when the growth was up to 19 thousand in 2017, then the correction in 2018 was up to 3500... so there is still a potential for a fall.

For such new projects, I do not consider long-term investments, maximum in the medium term. The market will sooner or later go into a correction and many altcoins will fall at times, but it seems to me that buying now for a few months is not a bad option.

Everything happens sometime for the first time. In principle, I am very careful with money, but there was just a rush .... I could not buy on the OKEX exchange and started looking for which DEX platform the coin also started trading on, I understood that there could be a very fast and big profit ...

Based on everything that I have already seen in this area, I can say that you should never be afraid to invest, that is, you just need to approach this issue correctly, allocate a certain amount of funds for this and never invest the money that you are afraid of losing.

And it is also very important that the direction itself is in demand. Now I'm just amazed at how much money can be invested in projects (sneakers that bring cryptocurrency, collectible cards ..)

For fast and high-quality development, a sponsor is looked for at the beginning of the journey, large companies are attracted for investment.

I made a lot of mistakes, I learned from personal experience... it was different, now I can tell you that the money I received gave me the opportunity to study and earn money further.

Well, for example, I got into a similar situation .... listing and early pre-sale took place on one exchange. I could not buy there, there was limited access. Then he switched to telegram and there, unfortunately, he got not on the official group, but on a fraudulent one. In general, I lost about 50 dollars due to the fact that I was in a hurry and was inattentive.

Of course we will follow and draw certain conclusions. Of course it takes a lot of time for me... now I'm following about 20 projects, their social networks, news, etc.

Well, maybe so, I recently saw in the telegram channel that a project that makes NFT pictures with croquet players raised $ 120 million! So why not........

It seems to me that the project is very narrowly focused, designed for a very specific audience. Of course, there are fans of this sport, but for example, in my country it is unlikely to be popular.