🚨When it comes to holding Spot, many frens think it's super safe. What do you think? I don't necessarily feel that way.

In mid-2021, I bought into some projects, which were just a small part of my portfolio, including LUNA, Kylin, Reef, and Konomi. At that time, these projects were extremely popular from 2020 to 2021. I had just entered the space and basically made decisions based on the project teams and some opinion leaders' recommendations. For example, LUNA, Kylin, Konomi, and a project called Swash. Later, my account shrank by 20 to 30 times, with each project initially invested at 1 to 2 thousand, which later turned into 1 to 2 dollars; this was a common occurrence for me. Although I was quite confident in the past, the LUNA incident and some other unexpected events made me reevaluate my investment strategy and the way I choose projects.

Now, for projects like Api3 or Ace, I will analyze the founding team, investors, media, partnerships, functions, and potential development, then observe the actions of whales; I carefully consider almost every Spot opportunity before making a move.

💬I had high expectations for these projects, and among the list of over 30 cryptocurrencies, about 10 have completely lost their value, of which 5 are still at a loss. These are just under 10% of the losing coins in my portfolio, mainly due to early speculation. Therefore, I want to remind everyone that Spot also carries risks, and so does futures. We need to learn how to optimize to ensure our funds are secure and have potential returns.

So, futures have their advantages, and Spot has its advantages. ❗️Now, combining technical analysis during analysis can increase the success rate and also reduce risks. Nowadays, diversifying investments and making reasonable plans may be more prudent.

**Disclaimer:** This article contains third-party views for reference only and does not constitute investment advice. There may be sponsored content.