Why a crypto investor should avoid gem coins.

[Etini]

Gem coins are those coins that are always touted to become the next big thing in the crypto world. For some reasons, people always believe their price would increase massively overtime and most investors always rush in to buy these gem coins.

I am of the particular belief that people should avoid all those moonshots. First of all, most gem coins don't offer a clear use case and are mainly built on propaganda and speculation. Without any precedent, they are often hyped and people rush in to buy and end up not getting anything from them at the end. Investors should rather stick with coins that have clear proposition on it's usefulness.

 

[Holicent]

Your view is great, however, so many have made a fortune through this process and they have not decided to quit yet. How much do you think they buy those coins. They sell it at a very cheaper price then you decide the quantity you want to buy based on your research and amount you are willing to lose when the worst happens. Some people have bought coins of #1300 and made thousands from it. Life is a risk, everything within it is a great risk. If you take risk or you don't you will still lose one way or the other. The point is just to invest wisely.