Remember the 3 factors that make the market #crypto grow
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The enthusiasm from the community, the glossiness and the story behind each project. The stronger the project has these 3 factors, the stronger the value of that token will increase.
- The bigger the community, the more fomo, the stronger the coin will increase. Typically, you see memecoin projects, no good technology, no VCs and only pure community ($POCHITA CTO is also a pure community project that Lyn has won)
- The glossiness that the project has potential, strong growth, good technology, ... is the factor that creates trust for investors, because everyone's psychology likes the most perfect and beautiful things.
- The story that the house tells and the way they educate the minds of investors, push trust in the project and push it into a trend to attract cash flow.
4. Don't over-optimize
Jumping in and out too much can cause you to miss out on the opportunity to profit from large price increases. The Crypto market is always unpredictable, trying to "catch the top, buy the bottom" every day is not only difficult but also very risky. A wrong decision can cause you to lose a large part of your capital.
Sometimes, staying firm and waiting patiently is the smart choice.