Ask Leo: How does consistent research on crypto projects reduces the risk of loss.
When talking about crypto projects , I believe it has to do with how new crypto coins are made and some other stuffs related to it, and this projects when discovered early by investors who has seen to its future through its credibility, to know if it will be a long lasting project.
Source
When this credible crypto projects are released and you get into it fast, their is a high tendency that you will make a huge profits from it, technically all this credible crypto projects that will be a long lasting project can only be discovered through research and that is the most important thing in the crypto industry to all investors. Just to make profits and reduction of loss in it.
Though there are more things that the crypto world entails the crypto coins are just one among all.
I believe that consistent research is one of the ways to avoid losses on your investment, but before investing in this crypto projects , it is advised to always make thorough research before investing in it.
What most investors are afraid of is loss of their investment but when thorough researches are done it will reduce the risk of loss.
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I read a lot and I'm still losing money 🥲
Posted Using LeoFinance Beta
I already stated in the topic that it will reduce loss not that you won't lose money again and I will think as you research more you gain more experience.
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