Topic: Be careful with the hype - page 11. (Read 2082 times)
it was very correctly noticed that now the events with new tokens resemble 2017, when almost any new token collected a lot of funds and the developers disappeared with the money.Experienced investors will not fall for this trap, but newcomers still inattentively entrust their funds to scammers.
We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
This must be properly watched out, because the current hype project is a very high-risk project. many FUD or FOMO compete with each other to win the hearts of investors in the market. I think the hype should really be analyzed before joining the hypeIf you failed to do that, you will see yourself regretting asking yourself why you invest with this kind of project,
it's very important to know and understand all the necessary risk and those potentials that you may gained before jumping into any conclusion in investing with hypes projects, without doing your research, you'll be prone being victimized remember always that scammers and whales are also playing be more wise before choosing your participation.
The goal is simply to replicate a successful project. As the example of Safepal was once a Successful Project and listed on the binance exchange as the first successful BSC network token, in the end many developers want to hype ponzi by making tokens almost similar to safepal. Like Safemoon, safemars, and others. When in one hype they immediately sell all the similar coins and leave the investors who lose in it. This has even happened until now.
I think many people in crypto world already learned a lesson from the past and now knows when to exit after hype especially to the memecoins. It's very profitable but don't be greedy and exit when it's time to exit in order to avoid losses.
It's true you need to be more careful with some projects including projects that are hype. You could just fall into a trap that was intentionally made by someone or another. The world of cryptocurrency is full of mysteries and riddles, it is very difficult to guess even many players are closed. Maybe all this time they have made a profit so they don't mind the cellphone due to what happened a few weeks ago.
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So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
well, that was the hope they wanted. in general, it is not wrong, however, try to see the function or development of the project, the purpose of the project. I totally agree that nowadays a lot of people are joining the crypto world, buying meme coins, or hype coins and expecting the price to be high. however, just hope is not enough. even by doing research, not necessarily we can make a profit from it. So, try to do some research, and choose coins based on research done, not based on hype. So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
Usually big losses will be experienced by many new investors, they are not observant in analyzing the recently launched Altcoins and have Hype. I think the many shit coins that are launched every day are not all profitable for investors, some are trying to deceive investors. do not easily believe in the big wave of Altcoins.
Every investment comes with it's own risk, many people regretted not buying into the meme coins that has given back great returns but opted for what they thought is a safe coin that turned out to be a failed project.
It is always good to analyse every coin before putting in your money but it is always advisable to use money that you can afford to lose. Shiba Inu has put a lot of doubters like me wrong, I sold at a loss believing it's just a hype project but today it has remained a formidable project and one of the top Crypto. Hype is needed and hype is not cheap, any good project should invest in marketing otherwise it might fail.
It is always good to analyse every coin before putting in your money but it is always advisable to use money that you can afford to lose. Shiba Inu has put a lot of doubters like me wrong, I sold at a loss believing it's just a hype project but today it has remained a formidable project and one of the top Crypto. Hype is needed and hype is not cheap, any good project should invest in marketing otherwise it might fail.
Just because token ABC has no statistics and XYZ has, does not mean one is better than the other. I can show you plenty of shitcoins with all kinds of high demand and "great tech" and zero utility yet they are doing well in price. Whereas some great coins OLD ones with utility like Gridcoin for years is helping actually scientific research and is not even easy to buy.
I do accept what you are talking about, there are some legit projects in the market that does not have the same hype as shitcoins in the market and hence they wont be getting the necessary eyeballs from investors and i know a few projects that have legit use case and yet the investors are neglecting them because they lack in marketing. But i still hope that these coins will prevail the test of time and eventually their true value will be showed in the future while the pump and dump coins will eventually die off.
Just because token ABC has no statistics and XYZ has, does not mean one is better than the other. I can show you plenty of shitcoins with all kinds of high demand and "great tech" and zero utility yet they are doing well in price. Whereas some great coins OLD ones with utility like Gridcoin for years is helping actually scientific research and is not even easy to buy.
I do accept what you are talking about, there are some legit projects in the market that does not have the same hype as shitcoins in the market and hence they wont be getting the necessary eyeballs from investors and i know a few projects that have legit use case and yet the investors are neglecting them because they lack in marketing. But i still hope that these coins will prevail the test of time and eventually their true value will be showed in the future while the pump and dump coins will eventually die off.
Just because token ABC has no statistics and XYZ has, does not mean one is better than the other. I can show you plenty of shitcoins with all kinds of high demand and "great tech" and zero utility yet they are doing well in price. Whereas some great coins OLD ones with utility like Gridcoin for years is helping actually scientific research and is not even easy to buy.
I do accept what you are talking about, there are some legit projects in the market that does not have the same hype as shitcoins in the market and hence they wont be getting the necessary eyeballs from investors and i know a few projects that have legit use case and yet the investors are neglecting them because they lack in marketing. But i still hope that these coins will prevail the test of time and eventually their true value will be showed in the future while the pump and dump coins will eventually die off.
Bullish cryptocurrency market is been a company by hype, I think any hype of any coin should have substance, even memecoin! There are people who just want to dump their bag on you and they can spam your timeline with unending hype. Don't listen took them, focus on your bull market strategy as to not lose your hard earn bitcoin to them!
This becomes their strategy to make people think twice about what they have planned about what will happen in the future. This is a trial for everyone to be able to survive with all of it. you should take definite steps according to you and not be influenced by what people say.
people see what other people are buy but that trend is quite popular between new investors ,I buy doge just to play gambling but other people buy doge to follow famous people as Elon when the price drop and they go panic tumble helpless
Yes, there are a lot of possibilities to become helpless when we are simply following trend and hype. That kind of situation could be avoided when we are investing only with highly potential coins and tokens; but unfortunately most people just are looking for quick profit and which is the reason they are simply following hype.I am always investing only with bitcoin and few other altcoins like eth and bnb. This helps me to stay secured even there will be a big dumping is coming up because I am holding only potential coins and not just any of the hyped coins.
Bullish cryptocurrency market is been a company by hype, I think any hype of any coin should have substance, even memecoin! There are people who just want to dump their bag on you and they can spam your timeline with unending hype. Don't listen took them, focus on your bull market strategy as to not lose your hard earn bitcoin to them!
This becomes their strategy to make people think twice about what they have planned about what will happen in the future. This is a trial for everyone to be able to survive with all of it. you should take definite steps according to you and not be influenced by what people say.
Much safer to follow your own assessment and not how other thinks about the project.
If you failed to do your research, it's possible that you will lose your money. The opportunities to ride with the hypes is not always favorable. Most of the
time it leads investors to big losses. Without knowing the grounds on why the project is hyping, the risk of taking part in the wrong time is very possible to
happen, you have to work with your own understanding before placing your money on any prospect investment.
We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Yeah and its getting out of hand recently specially the moon called projects and meme ones. Some are even using hyped movie names for their advantage like the squid coin. It is very important to know the basic fundamentals of the project. The team behind it and their track record. Don't go to investing blindly without even taking these steps. Lots of whales are also playing specially this meme ones like Shiba inu and Doge coin. Most probably, those trapped people are the new ones. Spread awareness and teach. There are soooo many people who do not check what the coin they are buying can do, or what it aims to do, they simply buy it because others are buying as well.
Look at all the people who bought doge, ask them what doge can be used for, where it is accepted, what the aim for doge is, what is the roadmap looks like, what future developments will there be and some other questions and watch how they have no idea. Why did they buy then? Because it skyrocketed due to Elon tweeting about it, that’s it.
So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
yes exactly ! people see what other people are buy but that trend is quite popular between new investors ,I buy doge just to play gambling but other people buy doge to follow famous people as Elon when the price drop and they go panic tumble helpless Look at all the people who bought doge, ask them what doge can be used for, where it is accepted, what the aim for doge is, what is the roadmap looks like, what future developments will there be and some other questions and watch how they have no idea. Why did they buy then? Because it skyrocketed due to Elon tweeting about it, that’s it.
So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Yeah and its getting out of hand recently specially the moon called projects and meme ones. Some are even using hyped movie names for their advantage like the squid coin. It is very important to know the basic fundamentals of the project. The team behind it and their track record. Don't go to investing blindly without even taking these steps. Lots of whales are also playing specially this meme ones like Shiba inu and Doge coin. Most probably, those trapped people are the new ones. Spread awareness and teach. 
There are soooo many people who do not check what the coin they are buying can do, or what it aims to do, they simply buy it because others are buying as well.
Look at all the people who bought doge, ask them what doge can be used for, where it is accepted, what the aim for doge is, what is the roadmap looks like, what future developments will there be and some other questions and watch how they have no idea. Why did they buy then? Because it skyrocketed due to Elon tweeting about it, that’s it.
So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
Look at all the people who bought doge, ask them what doge can be used for, where it is accepted, what the aim for doge is, what is the roadmap looks like, what future developments will there be and some other questions and watch how they have no idea. Why did they buy then? Because it skyrocketed due to Elon tweeting about it, that’s it.
So, believe me when I say this, there are so many people who buy stuff not because it is a good one, but because they just like to buy what everyone else buys and creates an echo chamber around it.
Bullish cryptocurrency market is been a company by hype, I think any hype of any coin should have substance, even memecoin! There are people who just want to dump their bag on you and they can spam your timeline with unending hype. Don't listen took them, focus on your bull market strategy as to not lose your hard earn bitcoin to them!
This becomes their strategy to make people think twice about what they have planned about what will happen in the future. This is a trial for everyone to be able to survive with all of it. you should take definite steps according to you and not be influenced by what people say.
we do have to avoid that. but in certain market and asset situations, we can override this risk. and we can actually benefit.
because knowing what is happening is hype in the market, then we can only do for short trades. as soon as possible to get a profit even if it is in a small percentage.
i have learnt the lesson of dumping when the market is booming. i don't care what happens. i think that is the best way to save my mental health from all these fake investors hyping bad projects and using it to invest on quality projects. ALSO, there are good projects that have little or no presence but has been dumped by the so called investors. only for som of them to come back when the community behind the project build it back.
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