For New Projects on Binance, Should We Invest in Them Long-Term?
Currently, we can see new projects emerging in the crypto world. Many beginners are tempted by these new projects without understanding the risks involved, because new projects in crypto are very different from projects in the era of Bitcoin, BNB, XRP, and ETH. We've seen a shift in Binance's policy, where in the past, every new project would always conduct token sales, and we had to hold BNB. But now, new tokens are given for free to those who hold BNB for a certain period. Why is this happening? In my opinion, Binance has realized that almost 99.5% of new projects today are just projects designed to take money from retail investors legally, so they give them out for free.
You can see that almost 99.5% of projects launched on Binance will result in losses of more than 95% if you buy them at launch and hold them for 2 or 3 years. So, friends, be aware that these new projects are just designed to take investment money from retail investors who dream of becoming long-term investors and getting big profits.
What do you think? If you agree with this fact, then share it with other friends so they won't experience this situation.
