๐ฃ5 wrong thought always beginner will make in crypto โค๏ธโ๐ฅ
๐1.extreme Low market cap coin can really make you rich:
extreme Low market cap coin are really risky and most are like rugpull.They will eat your cake infront of you.
Always go in market cap above 1 billion$
๐2. Meme coin will explode faster than utility token :
That's a wrong thought in a confident market meme may rally but after wave they pull back at their same prices.meme are only for market makers.
๐3.Crypto is a wealth generator machine: That's a wrong definition of crypto its a most volatile assets and only utility and real world use case token survive in long run.
๐4. Every altcoin will rally following btc: This is a wrong understanding of crypto in 2017 there were different top 10 coin from today they all got vanished from market at todays time .
๐5.High market cap coin is useless to hodl:No they are best coin take a example of eth it pump 20 percent in a singlee day and its still pumping at 10 percent average. So alway see utility fundamental not only market cap high mc like $XRP $SOL will rally hard and these coin holder will be more profitable than meme chaser.
#DYOR* always before investing.Dont get manipulated by other post they just wanna take your money ๐จ๐จ
follow 4more โ ๏ธโ ๏ธ