Be careful what you choose to invest in now, not all coins will recover. - page 7.

bryant.coleman

legendary

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Quote from: Renampun on August 30, 2021, 02:42:17 PM

I remember 2017-2018 when many people invested in any token/coin...

That's really true, not all tokens/coins will recover when they are bear, even many of them become worthless and uninteresting. it would be better if you only invest in tokens/coins that are ranked in the top 100 market cap.

Back then many of the altcoins had crazy bull runs and went up in value by 100 or even 1,000 times. Investors were blindly pouring their money in to altcoin projects, without doing the slightest bit of research. The thinking was that if they invest in 10 different projects, at least 2 or 3 would return profits. That worked in 2017, when the success rate was around 20%. But in 2018, the success rate dipped below 5%, and many of the projects were overpriced to start with. That meant that even if a project was successful, the profits were not large enough to cover losses from the failed projects.

purka5

newbie

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Quote from: nikita2020 on August 30, 2021, 11:14:51 AM

Quote from: Lunafox on August 15, 2021, 01:04:54 PM

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

Now it is important for any project to have a large community. But in addition to the community, it is important to check all the details of the project, especially for the first investors when investing in the early stages of the project development.

In general, it is very important to carefully choose projects for investment. As experience has shown, many projects eventually turned out to be scams. Therefore, it is important to monitor the project community and check what has already been done.

Renampun

sr. member

Activity: 2520

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Catalog Websites

Quote from: blue_hurricanger on August 29, 2021, 02:51:22 PM

With many altcoins did very well this time, people thought any altcoin could come back or revive. This is pure delusion bound by greed. No, most dead or already fallout of the chart and market won't making any come back. They may have some short live dead cat bound but that is it, no more.

I remember 2017-2018 when many people invested in any token/coin...

That's really true, not all tokens/coins will recover when they are bear, even many of them become worthless and uninteresting. it would be better if you only invest in tokens/coins that are ranked in the top 100 market cap.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Yes. Not all altcoins are recovering back. I am waiting for few coins to move up but yes, in trading one need to learn to wait or be patient enough to wait if you have already invested on a best coin. So, do not decide based on current moment of a best. It will certainly have a good growth when Bitcoin move us fast. However, if you are new to trading, analyze best coins before investing on them.

CaptainCrapper

full member

Activity: 462

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.

Now trends is Nft every NFT token is looking good now. so before investment, any new investors please research before investment then you will succeed cause all coins and token do not recover your capital.

nikita2020

jr. member

Activity: 184

Merit: 1

Quote from: SDKmaster on August 27, 2021, 05:47:52 AM

Quote from: Lunafox on August 15, 2021, 01:04:54 PM

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

It is difficult to develop a project without the support of the community. Any crypto project is made for people and the community is necessary in order to support the users of the project.

Now it is important for any project to have a large community. But in addition to the community, it is important to check all the details of the project, especially for the first investors when investing in the early stages of the project development.

satsmainman

jr. member

Activity: 364

Merit: 2

I understand that the OP is talking from experience, the market could be very cruel to the extent that even the project you see as gems can fall and never return to their previous price level. Some of the gems we are seeing today will even be dead completely and never gain any value. Do yourself the good gesture of doing your proper research before holding any shitcoin, especially a long term hold.

blue_hurricanger

full member

Activity: 653

Merit: 183

With many altcoins did very well this time, people thought any altcoin could come back or revive. This is pure delusion bound by greed. No, most dead or already fallout of the chart and market won't making any come back. They may have some short live dead cat bound but that is it, no more.

thet

full member

Activity: 322

Merit: 110

elysian.finance

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.

You can invest and buy more coins that you want but with a great risk because not all coin can give you more profits some coins just give you more losses.It is important to do more research because we cannot predict the price oaf any coins.

Theones

full member

Activity: 1204

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In my opinion we can't predict with accuracy weather a coin will recover or not. For instance btc after seeing its ath in 2017 went down to 3k in 2018. Everyone at that time said that btc is going down to 1k and won't come back again. Apart from that there were many alt coins that were sleeping or dead woke up one fine day.

Pamadar

legendary

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Merit: 1028

Quote from: MIner1448 on August 28, 2021, 03:39:15 AM

You correctly noted that not all coins grow after the release of the project, but the process and mechanics of investing always carry risks, the maximum profit can be obtained, in my opinion, this is only at the bottom with new projects in the short term, it is very difficult for a novice investor to make money on the same bitcoin , especially with not very impressive investments.

The logic that you are pertaining is right, with how valuable Bitcoin now,

If you don't have that huge start up investment, the profits are not that much, while choosing progressive alts can provide decent profits. There's always risk all you have to do is to keep yourself doing your homework and make sure that you really understand what you are doing.

Be careful and have extra patients working with your research. Pick the right project for your investment.

alan228

jr. member

Activity: 250

Merit: 1

Quote from: purka5 on August 27, 2021, 05:57:15 AM

Quote from: Lunafox on August 15, 2021, 01:04:54 PM

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

The great competition between projects forces them to constantly develop and improve in order to offer their users more opportunities. This makes cryptocurrency projects better.

It is important to have a large community for the development of the project. Now there are various incentive programs to support the community and attract new users to it.

cunguks

full member

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Polkadog - Multi-Chain Defi Meme

Quote from: Lantind on August 28, 2021, 11:29:16 PM

Quote from: ?? on ??

I agree with you, old coins that already have products are safer to invest than new coins, because we can already see the progress of old coins that already have products and of course old coins will be more popular than new coins, so the price will definitely continue increase and give us profit.

Not all old coins become popular in the cryptocurrency market, it still really depends on the team's concern in developing their coins and products for everyone, because the popularity of a coin happens when the users become more and more, so you should know about this too and always analyze all the coins so you can make a choice on any coin, because hitting the flat in the form of the same rating is not very good.

we can't see everything just by looking at the rankings on the market cap.
all assets are determined from market demand. We have seen many old assets already in the market but not getting good enthusiasm from the community and the market.
when the project does not develop and there is no longer good demand in the market, it becomes a bad thing for the market development of the old asset.
most of the old projects that fail to get a good market, will only update following the market trend. like migrating to a chain that is in vogue. we can see it happening this year when BSC got its popularity.

Lantind

sr. member

Activity: 2324

Merit: 263

Quote from: ?? on ??

I agree with you, old coins that already have products are safer to invest than new coins, because we can already see the progress of old coins that already have products and of course old coins will be more popular than new coins, so the price will definitely continue increase and give us profit.

Not all old coins become popular in the cryptocurrency market, it still really depends on the team's concern in developing their coins and products for everyone, because the popularity of a coin happens when the users become more and more, so you should know about this too and always analyze all the coins so you can make a choice on any coin, because hitting the flat in the form of the same rating is not very good.

MIner1448

member

Activity: 938

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Tontogether | Save Smart & Win Big

You correctly noted that not all coins grow after the release of the project, but the process and mechanics of investing always carry risks, the maximum profit can be obtained, in my opinion, this is only at the bottom with new projects in the short term, it is very difficult for a novice investor to make money on the same bitcoin , especially with not very impressive investments.

Iminingpro

copper member

Activity: 145

Merit: 1

Quote from: Nekonoid on August 26, 2021, 05:36:14 AM

Quote from: Lunafox on August 15, 2021, 01:04:54 PM

In the summer, the market volumes are falling, so the prices of cryptocurrencies are falling too. For any project, it is very important to have a large community, which is why crypto communities are created such as https://twitter.com/LiquidationsOf/status/1415853396792201216

Now the competition between cryptocurrency projects is very high and no cryptocurrency project can survive without a large community.

Now you need to carefully choose projects before investing, because there are a lot of scams. You need to check what kind of community the project has, the number of users, what is being done to develop the project ecosystem and how the project is developing.

dndfinance

jr. member

Activity: 49

Merit: 1

True. As a beginner just buy Bitcoin and Ethereum. That’s the safest thing you can do.

Reatim

sr. member

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Eloncoin.org - Mars, here we come!

Quote from: blue_nexus15 on August 27, 2021, 03:39:45 AM

This is the reason why I only focus on investing in the top coins because the ability to encourage demand in large, reputable platforms is always more concerned than coins that are just pumped and dumped.

This can be applicable if you are willing to Keep the coins holding and can wait because top altcoins are slower moving not like lowered coins that mostly are the spikers .
the price will Hit the top today and will be dead tomorrow .

Quote

Until I really define the potential of a project, I'm not going to ride the roller coaster.

it is not the roller coaster ride that some traders are looking but those who will used as Pump and Dump by whales in which you are very lucky if find and invest on them in right and perfect timing.

because those coins are usually reaching the highest but also dropping to lowest in short span of time .

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: Handpari on August 27, 2021, 06:34:56 AM

At this session NFt coins specially gaming coins is better choice. Some big coins like BNB,Sol,ADa,Dot can also give you profit but stay away from Shit coins. Now trend of Meme coins is over. No big whale will buy it and can go down further. I am now investing on Eth,Bnb and Nfts Coin.

Don't trust too much in NFT meme coins because we don't know when the whales will dump those and what will happen to the market of NFT after that.
better not to expect much or else you will lose everything you invest on this specially AXIE infinity related profit.

Quote from: bits4books on August 27, 2021, 06:46:09 AM

Its always safer to invest only in top atls with real value and user base

That is absolutely right , but ofcourse depend on what is your target , if short time trading then best to try pump and dump coins.

bits4books

sr. member

Activity: 854

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Crypto is not a religion but i like it

Its always safer to invest only in top atls with real value and user base

Topic: Be careful what you choose to invest in now, not all coins will recover. - page 7. (Read 2876 times)