Lines in Crypto #2- Kind of new projects to invest in.

In our first article, we discussed red candles and green candles. It is no doubt that the red candle has been hunting all crypto enthusiasts for the past few weeks, where we have dip all over.

Today we will discuss how to invest in a project and make a profit. Investing in a new project is one of the riskiest things to do as a crypto trader, this is because your money can vanish with the project while your money can also multiply with the project.

Tips on how to invest in new projects

Check the project investors, checking the project’s investors will help you know the % of investments the investors put in it. In case these so-called investors pull out of the project how well will it affect the project. Will the project still do well or it will crash totally. If the investors own more than half of the quota. It is a bad market except if the investors are well-recognized investors in crypto then it is a good buy. Buy, when your money is *5 or *8, pull out your capital and profit. Then leave the remaining funds for Lambo or rug.

Check the developers, a project that the developers have more than 50% of the market cap is a risky project. The developers can pull out immediately if they see many people investing in the project. Some developers have a good heart and wait for you to make your profit. While some are heartless. In both ways, be careful of projects where developers own the whole market cap.

When a project pulls waves with an airdrop. You can try that kind of project, and ensure you take a profit a few hours after the project is launched. This is because a project that pulled waves with airdrop will be dumped on people.

In my next article, I will tell you more about things to know in crypto.

Thank you for reading.