Hi, I'm looking for a variety of options for investing. Interested specifically in promising crypto projects. I invest only for my own profit, to buy tokens for cheap and sell them at a higher price. I read whitepapers to understand how promising projects are.
Not all investors do that, at least beginning investors. It is very important to read the white list of crypto project in order to understand whether it will close and whether it will be in demand.
Well I understand that, I've seen this token sold on the exchanges, it's currently trading for about $8.67. But in the last 4 months this project has lost more than $15 per token. DOT token used to be worth $25-27.
If you've been following the cryptocurrency market closely, then I think you would have noticed the sharp price drop in May, especially when Ethereum went to version 2.0. Then many cryptocurrencies started to decline in price. DOT was no exception. Here you can read polkadot white paper I think you will change your mind about this project after reading the white paper.
