Markets are notoriously volatile.
After surging in November 2021, prices have been trending lower in recent months.
It's unclear if this is a precursor to a collapse, but being a solid chive needs to be prepared.
Here are some suggestions:
Invest only what you can afford to lose
It's easy to get carried away when you see stories about rising more than 5,000% in a year.
There are more than 17,500 gadgets on the market, and it takes a lot of luck to choose those that will skyrocket.
In fact, given the changing economic environment, there is no guarantee that any token will see similar returns in 2022.
If you stretch your budget -- or borrow rice -- to shop and shop and the market drops, you may find yourself unable to pay for everyday expenses like groceries or lodging.
On the other hand, if you only buy the coin with the meter you can afford to lose, the crash will be disappointing but not disruptive. The important thing is that you are not forced to sell at a loss, but can hold on and wait for the price to recover.
Invest in long-term potential
Picking a B with long-term potential isn't easy. Many promising projects did not survive the 2018 crash. Some experts say that 90% of B will not survive a prolonged crash.
Research can help identify cryptocurrencies with the best long-term chances of survival.
Here are some factors to look for:
Is it a mature b? Indeed, a smaller b is more likely to yield substantial gains. But they also carry greater risks. In contrast, well-known Bs such as pie and ether with higher trading volumes are more likely to survive a severe crash.
Does it serve a purpose? Think about what problem crypto promises to solve, and how many people might benefit from that solution. See what its competitors are doing and how it compares. Tokens without utility are more likely to fail if the market crashes.
Does it have experienced and reliable leadership? Management is key to guiding projects through difficult times. Conversely, if a project's leader is anonymous, that's a big red flag.
Does it have an active development community? If a project doesn't have a lot of developers involved, it has probably failed.
We will organize and share the high-quality products in the primary market from time to time. If you feel that the secondary market is risky, you may wish to 'think' and I will try the next primary market.
As the primary market becomes more and more popular, many people just hear about it but do not know how to participate, completely unaware of the existence of the primary market.
The primary market is in full swing
Now the market is not good, many currency friends are starting to move to the primary market
Regularly organize high-quality sharing in the primary market for everyone:
Axelar is a universal overlay network that securely connects all blockchain ecosystems, applications, assets and users to provide Web3 interoperability.
Announced on CoinList Axelar starts
March 9th 18:00 UTC with one option:
Date: March 9th 18:00 UTC
Price: $1.00 each Token
: AXL Min
/Max: Min 100 Knife, up to $750
Lock: Unlock around May 11, 2022, followed by a 9-month linear release
Supply: 50M
Registration deadline is March 7, 18:00 UTC.
In summary:
Shakespeare said: Once a person has money, IQ and EQ will increase by 86.4%, and troubles will disappear by 100%. But the question is, where did the money come from, he didn't say, just left a string of password btcnb1
Use wisdom to study the blockchain, to learn and continue to explore. At any time, you can't put your eggs in the same basket. The currency circle itself means high risk. In the ever-changing currency market, you must learn to choose projects when you enter the primary market, in order to go further and further!