This is very right. The memes trend was started by Elon. These has no use case, no vision, no planning, no value. Complete waste of investment. Experienced trades will not fall in this trap. But the problem is with newbies. They join crypto, see such such profit in this coin. Put their money in it and loss it.
Also NFT, DEFI all these are temporary trend. They may survive or may not. And if survive there will be no potential in them to give profit.
But now I feel gaming on blockchain trend is coming and this will go for long.
Topic: Be careful what you choose to invest in now, not all coins will recover. - page 17. (Read 2863 times)
July 25, 2021, 10:02:46 AM
July 25, 2021, 09:50:05 AM
if we find shitty coins which only used as pump and dump project i am doubt it could recovery although globally market bounce and change the trend. I see there are lot this kind of project,and usually named with doge or moon. personally i am just be victim of this coin, my investment in Moonrabbit now decrease alot and need to wait for long time to recovered.
Many people like you are victims because they trust meme coins too much, eventually having to suffer losses because the coins they bought
the price continued to fall. That's why I've often said in this forum, don't invest because of other people's opinions, but always do our own research
and analysis. In order to be able to make the right decisions and not choose the wrong coins to buy, because now there are so many new coins
that are popping up. But mostly only shitcoins are used for pump and dump.
July 25, 2021, 09:38:21 AM
Yes that's true, that is why you need to do your own research first before you buy an altcoin because not altcoin is good and can live in the long run so you have to know its background, you have to check the background of the project, you have to know the identity of the devs and if they re serious about their project. The research will let you sure if you are investing in a goodproject.
Think of this as a common test and occur many times a year to enhance the durability of altcoins, quite a few altcoins will slip and not be able to recover but hidden deep in the gems can no longer shine and give off aura, those will be promising and trainable gems in the future, and instead of checking the identities and resumes of unclear teams and projects to invest in, we should still choose the old gems, quite a few old gems have succeeded in this test so many times, new gems can only be tested by professionals and are not intended for amateurs 
July 25, 2021, 07:38:17 AM
that's a good thought. because indeed not all assets in the market can follow the recovery that occurs.
if you look at how TRX and XRP don't keep up with the strong pump of bitcoin that most of the altcoins on the market follow.
it becomes an example for us to see and choose the best assets for investment. If we have been around for a long time and watched how the market moves, we can certainly judge which assets are worth or should be avoided in investing. especially for long-term investment.
most of the assets that fail to make a return are assets from new projects. they increase when the market pumps and fall when the market falls. it will obviously be difficult for a new project that does not yet have a strong market.
if you look at how TRX and XRP don't keep up with the strong pump of bitcoin that most of the altcoins on the market follow.
it becomes an example for us to see and choose the best assets for investment. If we have been around for a long time and watched how the market moves, we can certainly judge which assets are worth or should be avoided in investing. especially for long-term investment.
most of the assets that fail to make a return are assets from new projects. they increase when the market pumps and fall when the market falls. it will obviously be difficult for a new project that does not yet have a strong market.
July 25, 2021, 07:32:17 AM
Related to this topic i have been looking at the different yfi tokens and spin ofs. I bought some yfi wich i invested in the vault as a experiment. But looking at YFII i see the token price at 2000 $. If you look at the project it appears to be completely dead with about 3.000.000 in the vaults. So i amwondering who want to buy those tokens at such a high price? There is no revenue are nearly no revenue. Is it only the scarcity of the token? But if you want to go for value only why not buy bitcoin instead?
July 25, 2021, 06:49:25 AM
if we find shitty coins which only used as pump and dump project i am doubt it could recovery although globally market bounce and change the trend. I see there are lot this kind of project,and usually named with doge or moon. personally i am just be victim of this coin, my investment in Moonrabbit now decrease alot and need to wait for long time to recovered.
July 25, 2021, 05:38:20 AM
It seems that people who have been in crypto for a long time know this, how easy it is for people to create tokens and claim they have a big project with the aim of getting money instantly. sometimes people only look at the price that is pumped, not about the coin or just trust what any pepple said . that makes someone fail to survive in the crypto market. i've experienced something like this and it feels like being fooled.
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July 25, 2021, 05:35:38 AM
It's true that not all coins will quickly hit the highs they've touched before, but at least almost all of the coins that already have, have brought huge returns to early investors.
I think recovery will still happen, it's just a matter of time. I'm sure there will be many alt seasons in the following years that are ready to bring us to the new ATH.
Don't take your eyes off the big coins, because their potential never dies.
I think recovery will still happen, it's just a matter of time. I'm sure there will be many alt seasons in the following years that are ready to bring us to the new ATH.
Don't take your eyes off the big coins, because their potential never dies.
July 24, 2021, 11:51:51 PM
Investors must check the market to see if the market will go down which currency will be better to invest in even if the price goes down there will be a recovery it is better to stay away from new currencies these projects may not last long in the market. Traders suffer a lot when prices go down and they get lost therefore if you invest in bitcoin and ethereum by verifying the platforms, their value will increase if the market corrects these are low risk and will pump a lot.
July 24, 2021, 11:38:47 PM
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.
just like you, I also prefer coins that have clear fundamentals and real functions, so it will be easier to follow developments and set the right timing. For me, most new projects (not all of course) have a high risk because they are often only played by hype, indeed the price can pump hard, but the possibility of falling is also equally large.Of course, there are people who like to ride the waves of new projects, that's the right of each, because everyone has a different tolerance for loss. Basically, we have to know whatever we are going to invest in, don't just get carried away by market hysteria.
July 24, 2021, 09:28:05 PM
Hype, makes meme coins more popular and new investors hope that meme coins will be the same as Dogecoin, but from the current situation, some meme coins offer many features which I think are almost the same as the previous project and I was quite worried when I saw the new meme coins didn't have the technology is not yet ready to be used by users, because some meme coins are created due to the popularity of Dogecoin and some investors try to buy similar tokens for profit. all investments are risky, but choose an altcoin that has new features and technology that is ready to use.
Its not only now, its always best to choose the right coin. I would advice to choose the best cheapest currencies that are having high trading volume in best exchanges. As you said, now after recent tweet of Elon Musk, I think many meme coins have come up like Shibu Inu. Its always the right thing to analyze and choose a coin which has a good project and good team.
July 24, 2021, 09:08:12 PM
This is true. All that left after the rugpull, the token still is active which is probably only a few traders who are hopeful that it could go up to its ATH again. I have one DEFI token that I bought out of interest because its price went up to $3 and not just $0.06. After inquiries on the telegram, the platform doesn't even have a slot from pools. Tragic for the ones holding it.
July 24, 2021, 09:06:39 PM
Hype, makes meme coins more popular and new investors hope that meme coins will be the same as Dogecoin, but from the current situation, some meme coins offer many features which I think are almost the same as the previous project and I was quite worried when I saw the new meme coins didn't have the technology is not yet ready to be used by users, because some meme coins are created due to the popularity of Dogecoin and some investors try to buy similar tokens for profit. all investments are risky, but choose an altcoin that has new features and technology that is ready to use.
July 24, 2021, 09:06:07 PM
OP is right, I remember way back bull run 2017-2018. When the ICO craze started, a lot of altcoins everywhere popping and when the bear market started, most of them got rekt, most dumped more than 50% and some are above 80% to 90% which is crazy.
And additional, even how a coin dumped a very huge percentage, it does not mean it will recover and you will guarantee a huge return of investment (ROI) for it.
And additional, even how a coin dumped a very huge percentage, it does not mean it will recover and you will guarantee a huge return of investment (ROI) for it.
July 24, 2021, 08:52:29 PM
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.
Yes, bitcoin and ethereum will have a chance to recover. Bitcoin is now trying to recover slowly and it already touches $34k, ethereum reach more than $2k, while bnb can back to $300. Although bitcoin, ethereum, and bnb are down again, it will be back to the high price and even it will have more chances to break the next high price. The price seems to want to make a correction again and if you check on the market, you will see that the price is slowly getting down. Hopefully, the next week, the price start to increase. 
July 24, 2021, 08:40:05 PM
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.
July 24, 2021, 06:55:35 PM
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit.
This is mostly used by a group of people to make FOMO or hypes on a certain coin. So, don't totally believe in those who said that sweet words. Do our own analysis to get the right time to buy is better than follow other people's opinions. You are right, not all crypto coins can increase again. Some may be just increasing during its hype, for example dogecoins and dog coins family. Almost all coins that are growing based on the hype, cannot be trusted to buy for a long time holding. July 24, 2021, 06:43:31 PM
That's right, I found a lot of people's posts on social media saying "these coins they said good then I bought them when down more deeper but why haven't they gone up yet? even though other coins went up.” Things like this sometimes have to be avoided because many people invest in coins that they don't research and don't understand even though various sources can be obtained easily. I really avoid just following the hype because I'm not a scalper who can trade quickly, so I always invest in coins that I think are valuable and the usecase very clear. Thank you for reminding
July 24, 2021, 06:35:35 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.
I bought a shiba inu when it first appeared, now the price is 0.0000006 error when it went up I didn't sell it, hoping it will reach the moon, now only time answers hope there is something like the doge incident in the past, just hope 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.
July 24, 2021, 06:33:12 PM
For me now, it is better to be safe than regret. Although there are a lot of coins which maybe look promising, and the most important they looks like will give us high profit in short time, i rarely buy it. What i prefer is coins that already old in market and usually big coins in coinmarketcap, although maybe will need more time and lower profit i think it is safer to buy it.
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