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RE: VYB_POBSTREET 10-1-2022 #39: With the rate at which new crypto project are coming out, won't it affect crypto world and investors?

in #vyb3 years ago

To me I think , investor will only have so much Option to invest in

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Yeah investors will have so much option to invest in but just having a little gain because if there is few crypto projects it will have more value than too much project and this cause project with too low market cap.
Look at project under hive self dead project with some people investment gone.

Definitely and that is why I don't see it having any negative effect at all,the simplest means is to exchange one token for the others and have more in your cabinet.

The positive side of it is much to me and I think it is a perfect means of getting everyone rich on time

You didn't see this because cryptocurrency is still early but just imagine the number of shitcoins and rugpulled coin there are right now all in the name of using what its trending in crypto space.

For example if playtoearn is trending or nft,they will use it as a means to create their own and start manipulating the price from the developer

The problem here is that people don't wanna make research.
They just fomo and regret it later

And this is where the investor makes their profit, because the market takes from impatient investor and give patient investor