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Topic: Be careful what you choose to invest in now, not all coins will recover. - page 14. (Read 2863 times)

hero member
Activity: 3010
Merit: 629
Thats right, not all coins are worth to invest our hard-earned money especially the coins without utility and just pure hype.

This is the reason why extensive research is important because we are not certain if what other people suggestions or the current trend are really a good investment.

Some of us are investing in established coins that are already existing for years but it depends on investor's preference. I believe there's still a hidden gem in these new coins popping, we just only need to dig deeper to find it.
legendary
Activity: 2576
Merit: 1043
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There are 3 types of investor. Conservative, Moderate and Aggressive.

You are either one of these 3 base on your risk appetite. You can't risk too much in your investment? Be conservative and just buy the coins at the top because even though they will go down, there will be a time that they will recover although I've seen some top coins that took quite some time to recover.

Now if you can take risk that high then be aggressive. Buy some meme coins or low market cap coins and just wait for it to pump. This is like a "Boom or Bust" type of investor where you either make high profit or you will lose it all. You can be a moderate one too and just pick the top coins out there and pick maybe 1 or 2 meme coins or shit coins.

Overall, researching is still the key. There are many information online already and you can ask them directly regarding the project itself.
full member
Activity: 546
Merit: 148
Exactly, not every coin is going to survive the bumps and dumps in the market even many recongized coins vanished in the past due to the extreme dump so the only way is to pick the right coin for long term investment is to look up the utility and community support.

This is normal thing in every bull cycle and think an average person who witnessed 2017/18 bull run knew exactly what happened to so many projects. It took grace for even bitcoin and Ethereum to survive that bear market.
This one is even still better because of Amm embedded on decentralized exchanges. Then, since coins were only listed on Centralized exchange, they were having the challenge of no liquidity and zero volume, user restrictions but today, Uniswap, Pancakeswap and Sushi are all here to serve every coin provided that they have the capability to make liquidity.
hero member
Activity: 2184
Merit: 513
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I 100% agree. Just buy good cryptos like Bitcoin, Ethereum, etc. as a beginner.
Coz it can be the safe place for the newbies to invest their money. The newbies can be guaranteed from the liquidity and they can cash out their money anytime. That's different when they were investing in the garbage coin that doesn't have liquidity. they will not able to recover it their money once the dump happened due to the low liquidity.
The major coins are the best choice but it gives small market for the profit
hero member
Activity: 2940
Merit: 613
Winding down.
It's sometimes we do rushing the market and buy cheap coins, I'd experience that before, and guess what, it still stuck on my wallet until today, and have no chance to recover. The price of the coin isn't just the only thing to consider when buying, as what I did now, I took the background check of that particular coins, do market analysis, and etc...

In general, we do the search first. That is the only way to save from easy loss or our chance to make a profit.


And most of the time, this is the reason why it is better to stick with top currencies like btc, eth. Because even during bear season, you very well know that they will still have the market. Most alts with weak foundation can easily be abandoned by their developers. Even projects with good use case, you can never be sure of their survival. So if you don't want to worry that one day, your coins lost its value, choose the top alts.
That was the mistake I made coz I think that having these cheap coins will be able to give me a huge ROI in the future but what I've got is a big opposite to what I think first. That will be the lesson and learn I've got from investing in crypto, it was best to choose those coins that are already making a good history, not these shitcoins that are only made to give us losses.
full member
Activity: 1190
Merit: 123
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Agree, even real-project with good use case will have some struggle to do recover if its going to deep, i saw it on Pirl.
Becareful with what you pick since market is like a jungle which hard to predict.
The bitter truth, I remember most altcoins that had good product back in 2017 and pumped during that bull run, after the crash they never recovered from it, some of them were still up and running even till this recent bull run, but they were never able to go past the 2017 ATH, probably because they have lost the community cause new projects emerge everyday you need to be on top of the food chain if you want to stand a chance to survive.
I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.
This is first time I'm hearing about those coins you mentioned and I bet alot people have no clue about it either, it's better you stick to well known projects that are growing in fast pace, e.g the likes of Nearprotocol is a project you should consider to invest in for long term benefit, although don't forget DYOR, it's very important.
NEAR protocol is definitely a winner, not arguing that.
You can say that, but do not forget that other projects want to be the winner. All projects will compete to get the attention of the investor, traders, and the public and they will do many things to make sure that their project can make a big profit in the future. So that is our job to be selective to choose the project and always research before we invest in any project because we will have a responsibility to make sure that our investment can give us profit.
That's exactly how every financial market looks like, everyone wants to win or be on top but only a few can do that, the competition in the market ain't easy without a good tech, a great team or a solid community backing the project, it is bound to crash, I think this is what makes the crypto market exciting, seeing projects compete to win investors over and stay at the top, they will sell you anything as long they can make you buy their coin, this is why it's important to do a little research before buying and not just buy blindly hoping to make profit.
sr. member
Activity: 1344
Merit: 264
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The formula is simple and easy to understand, but those who apply it do it wrong and make incorrect judgments with it.
You can avoid doing this if you choose to research first before placing your investment, make sure to engage yourself as it's really
tough to make certain calls and losses your money.

Quote
Before deciding to buy something, ask yourself what you bought it for, do you understand it, or do you just find it very well praised by many people Smiley , wisdom is shown from here and of course we always complicate things.

Assess that's really the big factor before you decide, there's always big opportunities as the market continuously moving,

it's all about how you manage bringing your assessment into executions and earned out from your investment.
I don't understand what you're talking about, with what I've experienced from this market that's what I'm feeling. Assessing something is always the same, understanding it before making further intentions.
jr. member
Activity: 49
Merit: 1
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.

True. As a beginner, just buy good coins like Bitcoin and Ethereum.
hero member
Activity: 1260
Merit: 504
It's basically impossible for them to recuperate regardless of whether the bear market's no more. An example of those can be found on the last pages of coin positioning locales. The cost of the coin isn't only the lone thing to think about when purchasing, as what I did now, I took the historical verification of that specific coins, do advertise examination.
full member
Activity: 1498
Merit: 146
Exactly, not every coin is going to survive the bumps and dumps in the market even many recongized coins vanished in the past due to the extreme dump so the only way is to pick the right coin for long term investment is to look up the utility and community support.
jr. member
Activity: 95
Merit: 2
This is so true. Up to this point money has been everywhere and even shit projects have made you good returns, but the more crypto is mainstream the less this will happen. Only projects with utility and scalability will be the ones that last. I found NEAR and am in love with it. I recommend you find a project that you can fall in love with. I’m a bit of a futurist and always do my research and invest in projects I think will be huge in 5 years. I chose to put a lot of my money into NEAR because of its dev team, backers, and the fact that it’s ready for mass adoption. Another plus is their community is very helpful. I joined their telegram about a week ago and the admins answered all of my questions in great detail. I’m not saying that you have to fall in love with NEAR although I recommend looking into it, you need to find a project that you can fall in love with for the future because mass adoption is coming and when it does you want to have your money in a usable coin that’ll last.
legendary
Activity: 2660
Merit: 1074
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.
This has been the case for many many coins before but for some reason people keep on ignoring it. The reality is that after the 2018 bear run we have seen all coins go down, but looking at the top 50 right now, I can see many coins of those days end up not being high at all nowadays, why? Because even though most other coins recovered, some of them didn't.

I remember a period when BSV was seen as a top 10 coin and Craig worked really hard to keep it that way, spent his own money to keep it that way, it was always known that it couldn't sustain that level but some people bought it anyway, even BCH was seen as a way out, but miners couldn't keep it that way for too long. Basically there are still some coins that will not recover from this bear run too much, they will not suddenly become zero but they will not increase the way others will increase.
full member
Activity: 486
Merit: 110
I agree with the author of the topic. You do not need to pay attention to shield coins like $pepe, $meme and so on. This shit will definitely fall and never recover!
It is better to pay attention to coins with potentially new technologies.
Near Protocol for example. They look great now and are quite inexpensive, I expect good growth as soon as they conclude a big deal with the government or some IT sector company.
hero member
Activity: 2604
Merit: 816
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Agree, even real-project with good use case will have some struggle to do recover if its going to deep, i saw it on Pirl.
Becareful with what you pick since market is like a jungle which hard to predict.
The bitter truth, I remember most altcoins that had good product back in 2017 and pumped during that bull run, after the crash they never recovered from it, some of them were still up and running even till this recent bull run, but they were never able to go past the 2017 ATH, probably because they have lost the community cause new projects emerge everyday you need to be on top of the food chain if you want to stand a chance to survive.
I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.
This is first time I'm hearing about those coins you mentioned and I bet alot people have no clue about it either, it's better you stick to well known projects that are growing in fast pace, e.g the likes of Nearprotocol is a project you should consider to invest in for long term benefit, although don't forget DYOR, it's very important.
NEAR protocol is definitely a winner, not arguing that.
You can say that, but do not forget that other projects want to be the winner. All projects will compete to get the attention of the investor, traders, and the public and they will do many things to make sure that their project can make a big profit in the future. So that is our job to be selective to choose the project and always research before we invest in any project because we will have a responsibility to make sure that our investment can give us profit.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
That seems so sad and this is what we commonly see in the market where a lot of people just ride on the market hype, investing in the project that they even never know if that is legit or just a scam thing.
Would like to correct you that it is mostly the get-rich-quick people who in either fiat or crypto markets end up spending money on hyips, short term gain methods to make money and they all end up in the same pit.

You can keep investing in fiat markets in stocks that you know are well performing, you will get profit if you enter low. Similarly with bitcoin too you can profit if you buy at low. But not with speculative altcoins that have no inherent demand.

Quote
In this case, these investors are just relying on luck, not on the potentiality of the project itself. That really find ridiculous and if it happens that the market won't able to be hyped according to their expectations, these investors will surely have their losses and regrets.
Well some people like to gamble and they need new things to gamble on. Scam operators know this and therefore they craze buzz about a new topic, nothing short of copying another old less known one and start selling it in some manner. Point is, some of these projects may be legit but they get drowned in the sea of worthless money-grab projects.
hero member
Activity: 1540
Merit: 772
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 current market, there is a great opportunity to be profitable for anyone who dares to buy coins.
I agree with you, that for the most part, the price of the coin is still at the standard price, meaning it has not increased.
From market conditions like this, choosing the right coin will be very beneficial if used for short-term investments.
jr. member
Activity: 840
Merit: 6
Agree, even real-project with good use case will have some struggle to do recover if its going to deep, i saw it on Pirl.
Becareful with what you pick since market is like a jungle which hard to predict.
The bitter truth, I remember most altcoins that had good product back in 2017 and pumped during that bull run, after the crash they never recovered from it, some of them were still up and running even till this recent bull run, but they were never able to go past the 2017 ATH, probably because they have lost the community cause new projects emerge everyday you need to be on top of the food chain if you want to stand a chance to survive.
I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.
This is first time I'm hearing about those coins you mentioned and I bet alot people have no clue about it either, it's better you stick to well known projects that are growing in fast pace, e.g the likes of Nearprotocol is a project you should consider to invest in for long term benefit, although don't forget DYOR, it's very important.
NEAR protocol is definitely a winner, not arguing that.
full member
Activity: 826
Merit: 100
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I prefer old coins with strong fundamentals to invest in when the market is down. new coins run the risk of being useless, unvaluable and difficult to recover. we see how many coins in the pancake lose their value even die.

I agree with you, if we invest in old coin, then of course we can find out which coin that have the potential for the price to increase and give us profit, because we can see the progress of the project and the volume or market cap of the coin, so it will be safer to invest in old coin instead of new coin, because new coin don't have much progress yet, so the possibility of the project can fail it will happen, therefore I agree with you to choose old coin rather than new coin.
member
Activity: 238
Merit: 10
I also think so, we should invest in real projects which are still developing and launching new updates, news, and knowledge. The team should be active in every social media and give us every information about their project.
I think most meme coin's team members have been run away and now they will never come. So becarful and don't take entry in any coin withould researching about their team.
jr. member
Activity: 49
Merit: 1
I 100% agree. Just buy good cryptos like Bitcoin, Ethereum, etc. as a beginner.
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