Invest in a Project only if it Has Strong Usecase

avatar

Hi everyone, hopefully you are fine and having fun with your family and friend.

Around one year ago in the month of November i invested $12000 in two different tokens. One is Hotcross and second is MintClub. At the time of investing i thought that i can easily make money by investing in them. But that proved wrong.

The time i invested my usdt in these projects both the tokens started losing price. Almost both went down more that 90% from their ath. I was really disappointed at the beginning but then i realized that its not the only cryptos who fell to that level .

If we see all major coins are down a lot from their ath prices. My $12000 are now less than $1000 at current prices but i have no regrets because both projects are still alive and teams are still busy buidling. Its good as long as Fundamentals Are not changed.

I am holding them as i believe that they can recover once the Bear will vanish. One thing here is notable that choosing the authentic project should be the first priority when it comes to investing. Good projects with solid usecases have more chances to recover in Bulls as compared to those without any utility. Its Just matter of time.

graph-163509_1280.jpg
src

Thanks for stopping by, If you like this article , please give it a reblog or an upvote would be highly appreciated.
About Author
@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000