Topic: Be careful with the hype - page 5. (Read 2097 times)
It's Rather unfortunate that developers don't really care about the interest of investors or holders of the tokens. Their major aim is to maximize profits and they are indifferent about ethics or the rightness of their actions. I think it's the responsibility of investors to research proper about a project before committing their hard earned resources into it.
I've experienced this before where I listened to Fomos and hype instead of doing my own research about the real purpose of a coin. I thought the project was recured and would follow their whitepaper yet the developers just took their profit and left things out. Sometimes, we only want to earn easy money without seeing the risks through doing proper observation and research which could only result to losses in the end.
The risk from the hype is too great, this is a short project so it's never safe, I also lost a lot of money from the hype and now prefer to invest in stable and tested projects, and the presence of the max gain tab on coinmarketcap should we remove it so we won't be tempted to invest in hype.
Buy at the beginning sell while the hype comes. When the price soaring too high, thats the best way to take the profits out. Then we can move to the other startup for the next possibilities.
I've experienced this before where I listened to Fomos and hype instead of doing my own research about the real purpose of a coin. I thought the project was recured and would follow their whitepaper yet the developers just took their profit and left things out. Sometimes, we only want to earn easy money without seeing the risks through doing proper observation and research which could only result to losses in the end.
The risk from the hype is too great, this is a short project so it's never safe, I also lost a lot of money from the hype and now prefer to invest in stable and tested projects, and the presence of the max gain tab on coinmarketcap should we remove it so we won't be tempted to invest in hype.
I totally agree. We have to be careful with all the intensive promotion as sometimes it may be too good to be true and we end up on the losing side. There are really projects that have potential in the future yet, in the end, it is just a big joke. Especially now, huge money is flowing in the crypto world and scammers are everywhere. So we have to be careful about where we are going to put our hard-earned money. Though, we can just go with the flow and make money on the hype. Anyhow, the very important is we make a profit whether that project is just a meme or with a use case in the future.
I've experienced this before where I listened to Fomos and hype instead of doing my own research about the real purpose of a coin. I thought the project was recured and would follow their whitepaper yet the developers just took their profit and left things out. Sometimes, we only want to earn easy money without seeing the risks through doing proper observation and research which could only result to losses in the end.
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
You know what they say, If you are at the right place at the right time, things might just work out that way. This also depends on not just what coins/token the investor invests in but the time of investment. There are things to consider before entry to the market which I believe the timing is very important but aiming for such %tage income shouldn't be the focus.When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
You know what they say, If you are at the right place at the right time, things might just work out that way. This also depends on not just what coins/token the investor invests in but the time of investment. There are things to consider before entry to the market which I believe the timing is very important but aiming for such %tage income shouldn't be the focus. 
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.
experience taught me, the best time to buy tokens is when the market is not hypeI have a friend who bought an nft token when the token was hype as a result when the token is no longer hype the price will drop drastically, until now he is still at a loss because it is impossible to sell at a loss
Now cryptocurrency market raise and a lot of people invest in crypto assets. But a lot of depend how active the project is developing or what have already been done. It is necessary to carefully check the new and development of the project like this https://twitter.com/edainsw/status/1456607218854416387
Nobody knows how long the hype will last. That is why they buy cryptocurrency assets to earn more on the raise.
And sometimes people do not check the information about project.
Hype allows earning money. The price raise during a hype. That is why hype is so popular.
But the hype is dangerous too. After hype will be fall of the market and people may lose their money.
Based on what I've learned about cycle and hype in the market and some inside information about institutional awareness, this post is my reflection of what I've learned. I haven't been serious until I lost my assets in the hype projects. I've learned, read, and practiced since then. It is possible for a coin with no value to surprise for a while, but it never lasts. Although the gambling aspect of crypto is real, and there's money to be made if you're lucky, few stuff will survive till the end no matter what. Be cautious before taking any steps.
Majority of coins are getting hyped on a dailies, most especially these meme/shit coins. It has indeed made lot millionaires, while also on the other hand, some had lose woefully. Memes are community driven projects so be extra-careful with the hype and if you' by any chance are convinced into investing, don't put more than you can afford to lose. Be investment wise!
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
Believe it or not everything you say is true and it happened to me a few years ago.Because I thought in the past when we invested in a coin (whatever the coin) we would get an instant profit.
But I was so naive about it and the more I learned in Crypto my view at that time was completely wrong.
I think there are at least some people who are the same as I thought at the beginning they are on this path
besides that I am also currently studying TA because indeed this is one thing that is quite important when we want to be here for a long time.
I think it's not only personal experience that should be used as a lesson but also the experience of others and even looking for something new just to add references in crypto I think that's good because with that we will be better prepared to live life in crypto
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
Believe it or not everything you say is true and it happened to me a few years ago.Because I thought in the past when we invested in a coin (whatever the coin) we would get an instant profit.
But I was so naive about it and the more I learned in Crypto my view at that time was completely wrong.
I think there are at least some people who are the same as I thought at the beginning they are on this path
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
everyone who just saw this, is not a good person to enter the crypto world, it is not the soul of an investor. A good investor is an investor who sees from any aspect,
be it fundamental or technical, in crypto it can indeed achieve 1000% profit, but to lose -1000% it can also be in crypto!
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
Believe it or not everything you say is true and it happened to me a few years ago.Because I thought in the past when we invested in a coin (whatever the coin) we would get an instant profit.
But I was so naive about it and the more I learned in Crypto my view at that time was completely wrong.
I think there are at least some people who are the same as I thought at the beginning they are on this path
When beginners hear that someone invested 1,000 dollars in a crypto coin and after a couple of months received 1,000% income, it seems to them that this can happen if you buy any coin. But the experienced investor is not looking at the hype around the project, but at the usefulness of its product.
The up-down cycle is always there no matter how much we got irritated after the big red candle on charts. The potential can be huge on the new projects if the investor has the skills to catch the best projects by well-known team members, otherwise, the fail will meet with the altcoin portfolio sooner or later, in my opinion.
It's needed to have lots of knowledge about the project before you put your investment, knowing the deeper side
of the business that you are going to invest, if you will continue buying because of the hype, the chance of keep repeating the
same mistake is unavoidable.
Keep in mind that you are competing with other investors and those hypes are just temporary. The downfall will happen, you need
to know the right time to buy and sell your holdings.
Now cryptocurrency market raise and a lot of people invest in crypto assets. But a lot of depend how active the project is developing or what have already been done. It is necessary to carefully check the new and development of the project like this https://twitter.com/edainsw/status/1456607218854416387
Hype allows to earn money and to lose money.
During a hype a lot of scammers appear. It is necessary to check everything before investing no to lose money.
Many people want to earn money on hype and do not think about risks.
Nobody knows how long the hype will last. That is why they buy cryptocurrency assets to earn more on the raise.
And sometimes people do not check the information about project.
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.
Investors who kept pushing up on unknown projects usually ended up losing because they don't know what's going on after project launch. Trading won't really work at 100% success, most if it doesn't come up with good competition since reality of its demand doesn't generate commendable results. Hype only occur once, just like the shitcoins I got 5 years ago and up to now nothing happened but drowned at very low price and never come back to it's all time high.
Now cryptocurrency market raise and a lot of people invest in crypto assets. But a lot of depend how active the project is developing or what have already been done. It is necessary to carefully check the new and development of the project like this https://twitter.com/edainsw/status/1456607218854416387
Hype attracts a lot of attention. Many people buy cryptocurrency for investment purposes to earn money on the cryptocurrency market growth.
A lot of people hope that cryptocurrency will continue to raise.
Hype allows to earn money and to lose money.
During a hype a lot of scammers appear. It is necessary to check everything before investing no to lose money.
Many people want to earn money on hype and do not think about risks.
which means that you should be fast and wise on making out decisions and this one isnt something simple to learn on.
Be careful by all means as long you do able to sustain then that what matter most.
Jump to: