Topic: 99% will lose everything in Crypto. Are you smarter than a 5 year old? - page 3. (Read 584 times)

Very good point. I'm 100% agree with you. Just like Ark coin and Polkadot, Polkadot is just a copy cat of Ark coin ideas with fancy terms but look at it, people pump it like no tomorrow. It seem money just came out of thin air in this crypto land, it really is. Delegate/Validicktors, interoperability, bridging, or voting ect, Ark coin already done like 10 years ago even with much better interoperability wallets and mobile wallets. Money and crypto do work in dumb ways.
But hey this is how the world work just like trump and his supporters still believing he's the president and he'd won the election by landslide.

There are several ways to invest in crypto currency; relying on early projects before they are big is not one of those ways (ofcourse you can if you find it applicable to you). The core purpose of investment is to take profits and not get rich overnight (crypto currency is not a get rich quick scheme anyways). There are numerous top blockchains with which you can invest on; juld has done over 75% already from yesterday and it could do more more. The important factor in investing is to do your research and choose the best tokens to invest in without being greedy

Its the perks for being an early investor but even today, buying ETH or BTC still is early as some people who haven't yet learn about BTC. And there are many people worldwide wide doesn't even know there is something we call Bitcoin, so why invest to altcoins that haven't even surface the 100 in terms of marketcap?  There are certainly other altcoins that's more popular than Babano or Koinos that has bigger volume as well.

this is simply the truth. alot of people find it difficult to make research and keep following up on projects. and like i always say, you cant invest and see it do magic in a short while. it dosent happen that way. you have to be patient enough. imagine people that bought early days of ETH , BTC , had to wait for many years to be here today. this waiting period is a difficult one for the majority so its easy to buy expensive coins and take profit at 100% or 50% depending on their choice. there many promising low cap coins which can be invested into for very many gains with strong patience.

In short, they are just buying because it is either somebody tell them to buy it or they see that coin going up thus they want to ride the wave and when it went down they will rant on Social Media .

People are investing because of profit lets face it . Regarding the topic though, it is a bit clickbait and I don't want to agree with 99%. Maybe lower than that is good.

well, they are sometimes blinded by bonuses and other traps. however, it is difficult to identify such a coin. just like Doge, very few people realized the breakneck spike was happening, and even I held back other popular altcoins that didn't pump too high. Many people want to find alternatives and choose a new altcoin in the hope that the project will pump high in the future, but it is still very difficult to identify. If you want to play it safe, then go for the popular altcoins, but as you said that currently, the prices of popular altcoins are still quite high, so you need to wait for them. Well, if you want to choose a new coin, it might be great to choose a project that involves a large company like Binance. even if 99% of it is to dump money, there is still a 1% chance of making a big profit. I'm sure people still stick to the crypto world to aim for that.

why get mad when you already made 50x ? crypto billionaires do spend coins in expensive projects ,

take btc and eth for example . dont say that  99 percent of money in crypto is dumb money because we cant make profit if without the help by the billionaires because billionaires can be able to buy on any price but the poor people can only afford to buy at cheaper price and if they saw the price is already high because many poor already bought it ,

they will stop buying it .

Not only Banano, but there are also a lot of coins here that's been around for years that are not gaining attention from investors, these projects have a stable community with unique features projects like Idena and Banano deserves a spot in the top position in the market and if you are looking for good projects these two deserves our attention.

This is how the market works, isn't it? Market makers create a fomo that works for people with common sense and it is with this approach that you can earn money. In other cases, the chance to earn is no more than in a casino.

Not everyone will be able to hold a coin until it increases in value by 10,000 times. Most sell the coin when they see a profit of only a few tens of percent. KoinOS and Banano do not look so convincing that they can give such a high profit, which is thousands of percent. I have a negative experience of investing in ICOs in 2017, so I choose reliable coins such as BTC and ETH.

99% is too big, but at least 30%-40% of people are blindly buying anything they see. And most of the time they don't care about the price or what is behind that token or coin.

But I'm not complaining at all. These people are our chance to make good money.

I don't think it right to say, you can't make money in crypto when you buy when the price has gone up, early January some people will tell you, Aave, Ethereum, CRV, Alpha etc are expensive but most of them have done average of 3X at least, price is relative depending non the fundamentals values you are factoring into your investment, remember when BTC hit $20k we all thought it was too expensive but now $30+, so someone buying at the current price can tell you, the price is going to $200k. The most important thing is, is this token  value right, if No an you like the project, you buy and hoping to make money

Plus another possibility of eth going to $80 again like after last bullrun

Some people just like to make more money over time than their savings would make in crappy fiat banks. You mentioned a 150% return on ETH as a possibility, which probably will happen this year or certainly within the next few years. Where else can you get a 150% return in traditional fiat investments? You certainly won’t get it from an average mainstream banking savings account, especially now.

Throwing money in to new alts is risky. I’m 100% bitcoin any way but i understand why people buy ETH etc.

I get so mad at this. I made x50 on a lot of projects like Link, Verge, Aave(ETHLEND), Nano, and I know other crypto billionaires did the same way before me on BTC and ETH and even Doge.

But the reason we made these insane profits is we bought projects CHEAP. None of the crypto billionaires bought projects EXPENSIVE. Like Ripple, ETH, Link or Doge are now.

If you want to make $500k from $1000 you need to buy EARLY projects before they are big. And that is the beauty of crypto. Even the poor guy can make a fortune if he spots the rights projects while they are still cheap.

Like KoinOS which was made by the Steem DEVS (they had a hostile takeover by Justin Sun from TRX and were so mad they started Koinos). Koinos is still at only $0.03 a coin with a marketcap of around $3 million. Its CLEAR this will go to $50m or even more. So for every $1000 you put in you will get $50k$ back if it succeeds. I dont see how it cant succeed with having some of the best blockchain devs in their team.

Same for BANANO which is a fork of Nano. Nano(RAIBLOCKS) was distributed for free here on Bitcointalk back in the day. But now its expensive. However Bananao is still cheap at only ~ 2 Million Market cap also. Why would you buy NANO now??? I see people on reddit shill Nano to death but why? Because they got Nano for 1 cent? Well do you really think that will benefit you? How about buying Banano now for 1 cent ?

Why do people in crypto not get this? If you want to get rich with ETH it would need to go to $3mil for 1 eth. Or you will have needed to buy ETH for $0.25 as many did.

Buying ETH now for $1300? Lol Whats the point? Ok maybe it can go to $3000 and you gain about 150% but what about those who bought it for $0.25 gaining 10029292010% ? Dont you want the same? So look at KoinOS and Banano and other promising LOW MARKETCAP PROJECTS.