Volatile Coins or Blue Chip Coins in Crypto?

Being an investor in #Crypto? What coins you prefer volatile coins or blue chip coins?

In this post I am going to discuss on this question and will share my thoughts according to my knowledge and information.

First of all, it is an advice to all users that before starting investment in crypto market you have to learn about the market in order to avoid losses.

There are thousands of different coins in the market which confuses every investor. Some likes to invest in blue chip coins and some prefer high volatile coins.

Blue chip coins are the ones which are fundamentally strong coin and are long lasting but they are very slow in price movement. Some examples of blue chip coins are #Bitcoin #ADA #ETHEREUM #XRP and many more.

Similarly, volatile altcoins are the ones which have fast price movement but are not fundamentally strong coins. They can go high in price in a matter of days and similarly they come down within no time.

There is huge profit in these coins and also there is always high risk of losing money. According to me I will prefer the volatile coins.

At first I will research about that volatile coin and will look upon its fundamental and future project. If I found it better then surely I will invest.

The high risk, the high gain. No pain, no gain.

What are your thoughts about the question?

THE ABOVE IMAGE IS TAKEN AND DESIGNED IN CANVA

THANK YOU!



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