Altcoin investments are too risky; it's really best not to follow the trend blindly.



There are all kinds of altcoins in the market, most of which are either air projects or schemes set up by manipulators. They seem to promise attractive gains, but in reality, the risks are huge—projects running away, liquidity drying up, and being dumped on a daily basis.

Ordinary investors find it difficult to distinguish which projects have genuine technological innovation and which are just for quick profit. "Influencers' recommendations" in communities often have vested interests behind them, and retail investors who follow these tips are basically being used as bagholders.

Instead of chasing a hundredfold return on altcoins, it's better to focus on mainstream cryptocurrencies and projects with real use cases. Managing risks and achieving steady returns—this is the right approach to survive long-term in this market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GmGmNoGnvip
· 01-11 10:02
Another one advising people not to play knockoffs, but the ones who really enjoy it are still those gamblers.
View OriginalReply0
SybilSlayervip
· 01-11 10:01
A bloody lesson, man. I knew a buddy who got rugged like that.
View OriginalReply0
LidoStakeAddictvip
· 01-11 09:58
You're so right. The people around me keep shouting that certain coins are going to explode, but a month later, they all become ATMs. I've been ripped off by big V more than once. Now I only trust ETH and mainstream coins, and I sleep soundly.
View OriginalReply0
GamefiGreenievip
· 01-11 09:36
Well said, I am the living example... Last year, I was financially ruined by a "star project."
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)