Are You Throwing Money Or Investing?

in #hive-1679228 months ago

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Hello guys. Welcome back to my post When it comes to investment in cryptocurrency or anywhere else, you have to do research. You have to do lots of things before the investment. You are earning money by your hard work That’s why you should not throw this anywhere First of all keep greed aside and think from your mind before investing in any project. Sometimes you see any shit cryptocurrency start pumping and it keeps going up more because lots of greedy people are investigating that particular coin That is why it keeps going up. People don’t see What is the use case. What is the technology behind that coin And what services is that particular coin providing But they just dive into a hype And you need to save yourself from this dirty thing.


There is a binance launchpad. And you can see this Is happening there most, many projects come through a binance launchpad And people just invest because Binance List most of the coins that are launched through a launchpad. I’m not criticizing the Binance launchpad here, but you should need to do a little research before investing in anything. now Binance Launchpad has become a pump-and-dump platform as we have seen with the ICO where people launch the projects, launch the ICO, and gather the funds when the coin is listed on the market investors get profit But this does not happen every time. Most of the time, coins get listed at a lower price And you end up holding that shit coin. This is exactly what happened to me when I joined Avinoc Project. They promised a $1 price. But when the coin was listed on the exchange, the price was just, 0 .09.


Then I decided to leave those things now my only focus is a hive. You can see my 90% investment in the hive. And this is the only reason behind this investment. Instead of messing up with those new projects, it is best to invest in the project that you know from the years And that is what hive is for me. So do not become a blind trader. Do not invest blindly anywhere else because After losing the money you will blame the cryptocurrency But here is your mistake, not a cryptocurrency. There are some groups on Telegram, Discord, and even Facebook They are just picking these shit coins and playing a game of pump and dump because the shit coin has a low market cap That is why it is easy to pump and dump And they choose this type of coin.


Cryptocurrency is all about technology and use cases if there is a powerful project, then Investing there is worth it But if that particular project is new and also it is not satisfying you with its services, then you should leave this type of project instead of these Invest in a known project that exists in Crypto industry since a long time. Right now, I have only one new project where I’m investing, and that name is Holozing I trust this project because it has a community like Sprinterlands as well as the team is powerful it looks like a promising project So this particular project satisfies me with their services That is why I am building my portfolio here too And one of the most important thing is, its hive project And hive gaming projects are just booming And the sprinterlands is the superior example, I have hope with the holozing and it is better to invest here instead of trying new random projects in the crypto field.


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Investing only in hive is also not good because diversification is the most important thing in cryptocurrency But It is still better than throwing money on random cryptocurrency projects. I think you should need to diversify your portfolio I will do this when I will reach my goals. But right now, my target is only a hive and I do not recommend you invest all your money in the hive instead, Diversify your portfolio in other projects as well But your first priority should be the hive blockchain. So that’s all for the day guys. If you found this post helpful then share it on social media sites, I’ll meet you in my next blog. take care.


Lucky Ali


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185300304_441507187470261_6630906744872723300_n-removebg-preview.pngHi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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So your post concludes that we should not invest blindly in any newly listed coin on Binance etc. We should do proper research and try to stick to trusted coins like Hive.
Yes, Holozing and Splinter Lands are also trusted projects.

not only binance but anywhere you investing, think twice and study the project.

ok dear got it.

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Do a thorough research and study a project before investing in your hard earned money. Investigate the processes and the people behind it. It doesn't take more than 12 hours research to come to terms with a good decision

Ya, it also does not take 12 hours but if you spend even 12 hours for research then it's worth it.

I think it is not easy to find a reliable project.

ya it is for us but not for everyone dear