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Topic: Be careful what you choose to invest in now, not all coins will recover. (Read 2846 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
True as many new projects have massive gains in a short amount of time (AXE, Sol,...). Tho many projects will be hard to able catch people's attention since they don't follow the trend as they already established a long time ago and will less likely to recover.

With a lot of competitions if you are a developer you needed to sell your project more aggressively, it's no longer easy to convince investors to support you, unlike the time where ICO's are really being supported, nowadays, there are many aspects in where investors carefully observe and look for possibilities before they act and start to invest.

Investors learned from their mistakes, and now, they are really trying to work much deeper.

They value their money now, though there are also newcomers who may commit the same mistake by not doing their DYOR and blindly invest with assets that they don't have any concrete proof that it will gain success .
member
Activity: 111
Merit: 10

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
True as many new projects have massive gains in a short amount of time (AXE, Sol,...). Tho many projects will be hard to able catch people's attention since they don't follow the trend as they already established a long time ago and will less likely to recover.
member
Activity: 609
Merit: 10
Artemis

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.

It is precisely against making quick and ill-considered investment decisions that the OP warns.
The fact that the price of a coin looks low does not mean that it will definitely rise when panic buy starts.
To reduce the risk of such a mistake, you should analyze the project and then maybe we will be able to find a real pump and a large profit.
Yes. analyzing is the right way for every trader to reduce the big losses that will occur. With the right analysis, we can find out where and when is the right time for us to sell or buy
full member
Activity: 1204
Merit: 110

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.

It is precisely against making quick and ill-considered investment decisions that the OP warns.
The fact that the price of a coin looks low does not mean that it will definitely rise when panic buy starts.
To reduce the risk of such a mistake, you should analyze the project and then maybe we will be able to find a real pump and a large profit.
full member
Activity: 547
Merit: 110
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.

Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
good advice.
it's true that not all the coins we buy when they go down in price will turn up when the market recovers.
The opinion of buying coins when the price is low and selling when the price is rising is the right way. but it applies to coins that have good fundamentals
and also the development projects they are doing are already running or just standing still.
don't just buy coins that just follow the hype, because it has the potential that you will lose money.
not every time that meme coin increases significantly, it's just a fake and momentary increase.
wise in investing in crypto
full member
Activity: 1358
Merit: 100
Of course not all coins will recover sometimes when bitcoin is increasing then some of the altcoins are decreasing instead. Research the project is the only way to know if this coin has a future, it should be has use cases. I suggest to look the NFT game projects because it's slowly gains popularity many people like to play and earn some coins.
member
Activity: 518
Merit: 11
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.

Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.

The majority of the meme coins are not surviving in the end, but there are still meme coins in which I think it is still giving a good profit just like one of this are Dogecoin, Shiba Inu, Lovely, and more, these all I saw in at Hotbit where their volume its not that bad at all that I can consider here in cryptocurrency.
jr. member
Activity: 250
Merit: 1

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.
That's FOMO. People buy when the market rises but they don't do anything and just ignore the whole thing when there's not that much movement. It's already attached to the knowledge and attitude of everyone who's quite new to the market for having this type of mindset.
They don't know that the risk is higher when they FOMO.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

a good start will end well, by doing things as you say it will actually increase the chances of profit.
other than that I might add a little when we want to play it safe I think we can do that by looking at the coins that are indeed at the top of the CMC list (except doge).
there are a lot of altcoins that are really good.

The process will allow you to pick the right coin to invest your money. By doing some good research, you are enhancing your chance to sort out all those available assets and work with what you see that qualified with your target. There are many alts to consider and it takes time before you really master the process of rinsing it up.

But once you do, the chance of making a big success from this business is higher. Never to rush, go and work with proper process. Most of the time, those who love to make a shortcut lose their investment. Roll Eyes Grin
member
Activity: 327
Merit: 12

For first step if you are going into crypto world for investing and having profit please read all details about project team and then check product use case if you feel good then surely you can invest into this because right now we have too many scam projects which are running by cheater developers for pump and dumb they will never give you any better way in near future these can go into nightmare for you because after losing your funds you will never able to have these funds back into your wallet.

Currently, we have very few good projects, but they are not good at marketing so people's not able to have them in limelight just check white paper and then do your search and invest.

The key to being a successful investor, the first step is to find potential coins, for that we must do research first on some of the coins that we will buy.
Because choosing the wrong coins for investment will make us lose the capital we have, so no need to rush into the market. Always make sure
the coins we are going to buy are really good and have a good future. There have been many explanations on this forum on how to identify
potential coins, so if we don't understand how to identify potential coins, please study first.  What's terrible about the crypto world is that most of
the coins in circulation are shitcoins, so we have to be careful in choosing coins.
a good start will end well, by doing things as you say it will actually increase the chances of profit.
other than that I might add a little when we want to play it safe I think we can do that by looking at the coins that are indeed at the top of the CMC list (except doge).
there are a lot of altcoins that are really good.
copper member
Activity: 145
Merit: 1

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.
sr. member
Activity: 854
Merit: 264
unfortunately it is true even if many tokens at the beginning manage to have high values ​​thanks to sponsorships and ico, ieo promising then after a certain time inevitably suffer a decrease in value and many of them do not go back up anymore so in my opinion invest in new altcoins / token is really a gamble better to prefer altcoins that have had a consolidated growth over time and have been on the market for quite a while
Yes i agree with you that investing in new projects is partly a game. For me investing in a new coin is more like a bet on a sporting event only here i can cancel my bet before the "end of the match" and not get profit or loss. However if i do a good analysis then it can allow me to make a good profit it attracts me in new projects.
hero member
Activity: 1148
Merit: 501
but bitcoin and ethereum certainly will, and always have hope. that's why instead of filling the bag with lots of coins that have no certainty. I prefer to hold ETH and BTC. for other altcoins it is better to buy when the price really has a sign to go up.
Maximum people always suggest Bitcoin and Eth for holding or investment, but it is not suitable for all, all means people with small fund and big fund. If someone have small amount and he want to invest then Bitcoin is not suitable for him becouse we know the current price of bitcoin, rather they can buy low prices altcoin, like Dot, Link, Ava, Sol etc Coin.                         
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
So is that a problem for you? because they investors always use their personal money in investment so that other people have no right to intervene in it, because every mistake they make is a risk that they have to bear alone, unless you are willing to accept the risk they feel.
Too bad that there are some people that uses borrowed money to invest. That's not really a good style of investing but if it's their own money then that's better.
Because they have no one to be pressured of paying and they can just do whatever they can with their money and be careful to what they buy.
hero member
Activity: 2968
Merit: 605
unfortunately it is true even if many tokens at the beginning manage to have high values ​​thanks to sponsorships and ico, ieo promising then after a certain time inevitably suffer a decrease in value and many of them do not go back up anymore so in my opinion invest in new altcoins / token is really a gamble better to prefer altcoins that have had a consolidated growth over time and have been on the market for quite a while
legendary
Activity: 2982
Merit: 1028
I have more than 10 altcoins that died because I was offline for more than a year, of course this is normal because the competition for cryptocurrencies is very tight and will make a lot of altcoins die, so we should be able to choose a coin that has hope for the long term.

Very important to pay attention to the type of coin/project that you are investing.

If there's good future outlook and you see more development, even the coin is falling, the chance to recover is very possible,

It's more on your participation with the project, the more you understand, the better you'll be invested with right assets that
will give you good benefits. Aiming for long-term investment needs proper knowledge within the projects' full developments.
jr. member
Activity: 95
Merit: 2
Yes that's right.
Investing in the coins having no stability is a great risk.
At this time only those coins are recommended which are having some stability in their price during fluctuations in the market.
These coins show a great change in their price whenever bitcoin price pumps.
jr. member
Activity: 184
Merit: 1

A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

Now market raise and a lot of new projects appear. But all this projects must to be in demand that the price of their tokens would grow and they must be useful.

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.
sr. member
Activity: 1428
Merit: 252
I have more than 10 altcoins that died because I was offline for more than a year, of course this is normal because the competition for cryptocurrencies is very tight and will make a lot of altcoins die, so we should be able to choose a coin that has hope for the long term.
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