It is a battle between selfish interest and selflessness.
Successful investors understand the fundamentals of investment. They could easily tell which is a good investment and Which is not. But there are also a lot of other investors out there who could not differentiate between investment which has the potentials of great return and the one which is enticing but disastrous. They often go for the latter and get messed up. I personally don't regard this set of people as investors and I think it is most appropriate they are called gamblers.
It is normal for an investor to consider the possibilities of making great gain from his investment. For this purpose, it is important to monitor the asset in question and back track its journey. When there are more than one products and it comes to the question of chosing the one which is best to Support and invest in, it is good to consider how greatly the values (price) have increased over time. It is also good to put consistency of increase into consideration.
But the current price is not all that matters. For me, two of the most important aspects to pay attention to when deciding on which project or product to Support are the foundations and purposes. What is the product built on? How well are the founders paying attention and showing care for its growth? What is the purpose of the project? Is it something that was designed just to make them money or to help the masses? What are the future potentials? Is this thing going to become more useful in the long run or it is just going to make wave now and wither away in the nearest future? These are just a few of the most important questions a good investor needs to ask about a product before diving in.
Most of the crypto Investors of today became interested because of what they heard. They were inspired by the stories of those who made a life for themselves out of cryptocurrency investment. They were enticed by what they heard and therefore are so eager to invest into crypto. People just want to get rich overnight from crypto investment.
They are in hunt for projects that will give them even up to ×1000 their investment in just a matter of hours or few days. That's why they won't give a thing about good projects like bitcoincash because it doesn't pump and dump as rapidly as they want. They don't even want to consider the future potentials of good coins like Bitcoincash which is promising with solid foundations, purpose that is beneficial for for all and steady growth.
They are not well oriented. They don't know anything about the priciples of investment. They don't even know that they need to research much on Which ever crypto they are to invest in. They are not aware that patience and commitment are undisputable factors of investment. In fact, they don't know that crypto investment is just like every other investments and therefore, the principles of investment must be applied
They keep putting their money into every new coin in the market hoping the price will pump. They are always on watch for new projects. Developers also take this as a good opportunity to scam them. A coin will be launched today and few hours after clueless investors have placed their capitals on it; like gamblers placing bet on an upcoming game, it will start crashing and soon settle in the red sea. This is because, those coins are just shits. They are scam coin formed by scammers.
This is not to say that, getting into a project early is a bad thing but, it is very important to find out the foundation and purpose of such projects before getting in.
Bitcoincash is not here to make you a millionaire overnight but it is definitely there to build you into a good investor. An investor that doesn't have to be scared of loosing his entire investment within a short period of time due to greed. An investor that won't be easily infatuated. An investor that would care about the well being of the masses. A selfless Investor that will be committed to promoting his investment while upholding humanity because he knows the power that lies with the project he is supporting.
Bitcoincash is selfless, so are its Investors!
