Be careful what you choose to invest in now, not all coins will recover. - page 15.

imstillthebest

full member

Activity: 1638

Merit: 122

we must clarify it when we give advice because they can be a newbie and they will think that all coins are the same and they will think that investing in crypto is as simple as buy low and sell high .
they need to make their own research because the advice that they recieve can be incaurate

Quote

Majority are losing value because people are seeing them for what they truly are

what is wrong with that? if a coin is pump and dump, we need to treat it as a pump and dump but it becomes bad if we treat the coin differently same applies to top coins because people are forgetting thier real use

zasad@

legendary

Activity: 1974

Merit: 4715

Quote from: Westingcote on July 26, 2021, 08:57:12 AM

Quote from: TheUltraElite on July 26, 2021, 01:32:18 AM

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.

The best thing about 2022 coming closer is NFT's are going to be dead and we wont have to hear about them anymore.

A very optimistic opinion. NFT projects are developing very strongly and very interesting solutions are being developed for NFT projects. For example, scrt.network allows the customer to see the Picture in low quality, and after the purchase, the customer gets the picture in the maximum resolution.
Before that, each customer can download pictures for free.

Review Master

sr. member

Activity: 1456

Merit: 280

BitByte Crypto: https://link3.to/bitbytecrypto

Quote from: Bravehash on July 26, 2021, 10:59:11 AM

I've make up my mind to never build any portfolio when the market is still in a good condition, whatever is happening presently is still under probability I believe that another year like 2018 will be here soon and that's the perfect time to start accumulating more coins

Indeed, that's actually good decision for your portfolio to prevent from losses. Also, DCA might be good for anyone if he/she decides to hodl bitcoin/potential alts for longer period of time. TBH, bear market is the best time to accumulate more at dip for higher ROI and best of luck for choosing the right/potential one for portfolio. Wink

Traderbtcc

full member

Activity: 1190

Merit: 123

★Bitvest.io★ Play Plinko or Invest!

Quote from: speedforce on July 25, 2021, 06:12:35 PM

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.

Quote from: RussianEnglishTranslation on July 26, 2021, 01:21:08 AM

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.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: QueenVera on July 24, 2021, 04:05:25 PM

~

tldr, just don't FOMO or panic.
Get used to people looking for easy money in crypto and they won't care regardless of what type of coin/token it is. They are not into technical stuffs.
I am talking about those people that does not have a single experience holding anything inside crypto.

cricketkhampion

member

Activity: 164

Merit: 11

yes, it is right all coin is not recovering I chosen eth because it is a strong project that's why I have chosen eth I bought eth on 1900$ now its price is 2300$ Grin

Bravehash

member

Activity: 196

Merit: 11

I've make up my mind to never build any portfolio when the market is still in a good condition, whatever is happening presently is still under probability I believe that another year like 2018 will be here soon and that's the perfect time to start accumulating more coins

Westingcote

member

Activity: 110

Merit: 131

Quote from: TheUltraElite on July 26, 2021, 01:32:18 AM

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.

The best thing about 2022 coming closer is NFT's are going to be dead and we wont have to hear about them anymore.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: TheUltraElite on July 26, 2021, 01:32:18 AM

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.

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.

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.

rozak

sr. member

Activity: 1960

Merit: 273

★Bitvest.io★ Play Plinko or Invest!

Quote from: gwdf1 on July 26, 2021, 08:03:26 AM

You are definitely right. When choosing tokens for the long term we should rely primarily on investigation. If this token brings any utility for the market, if it has an innovative idea, who the members of the team are. So we can understand if it will be popular in the future. Today I see many defi-projects whose tokens are falling now, and I am sure that they will nor recover any more, so watch out!

but I think project defi is not finished yet. although indeed many have experienced a decrease in the price of their tokens.
indeed, new projects are never good in the long run. although sometimes there are new projects that seem to be gaining momentum within 1-2 years of their development.
but most of those who are serious about developing projects, it does take quite a while to get their price back after a big dump.
It is natural for those who hold long-term will definitely choose top market assets with lower risk.

gwdf1

full member

Activity: 680

Merit: 103

You are definitely right. When choosing tokens for the long term we should rely primarily on investigation. If this token brings any utility for the market, if it has an innovative idea, who the members of the team are. So we can understand if it will be popular in the future. Today I see many defi-projects whose tokens are falling now, and I am sure that they will nor recover any more, so watch out!

Hobo66

hero member

Activity: 1344

Merit: 502

Buy now Eth and big coins ,ride the bull market, or you can wait for the crash that some are predicting. I recently purchased ETH and other altcoins like as BLOCK and AGI with the intention of holding them for a long time and not selling them anytime soon. However, if you want to make a quick profit, day-trading is the way to go.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: anandaijun on July 26, 2021, 01:40:56 AM

Quote from: QueenVera on July 24, 2021, 04:05:25 PM

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.

Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.

As long as you can choose the coin that has the potential to increase, you will not have to worry. The coin such as ethereum, bnb, or other coins in the top 50 coin list can increase anytime and we already see what is happening with the crypto market today. When the bitcoin price increase, the altcoin will increase and we know that it happens to many altcoins on the market. But if you want to participate in some new project, I do not think it will be easy to make a profit as those projects do not have a history that we can analyze.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: FairUser on July 25, 2021, 10:38:07 PM

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

, 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.

junkerr

full member

Activity: 1022

Merit: 100

Meta4uStake.io

Quote from: anandaijun on July 26, 2021, 01:40:56 AM

Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.

Because of this, not all dropped coins can recover quickly or in the long run.
even some who have fallen from the new project finally decided to stop the project. will be lucky if there is a refund, but if not it will be a loss.
the determinant lies in the assets we choose. despite the logic of the crypto market, all altcoins will follow the rally created by bitcoin.

HardCore12V

member

Activity: 223

Merit: 13

Everyone should follow their own path, no matter how much you try to tell people what's wrong and what's right they will still do what they want, I have a friend who only bags meme coins I mean literally all of them and he is more richer than me through those meme coins so tell me what advice can I give someone who is making more money from shitcoins Huh

?

anandaijun

full member

Activity: 294

Merit: 100

Quote from: QueenVera on July 24, 2021, 04:05:25 PM

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.

Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.

FairUser

sr. member

Activity: 1344

Merit: 264

bit.ly/3QXp3oh | Ultimate Launchpad on TON

The formula is simple and easy to understand, but those who apply it do it wrong and make incorrect judgments with it. 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

, wisdom is shown from here and of course we always complicate things.

Topic: Be careful what you choose to invest in now, not all coins will recover. - page 15. (Read 2877 times)