Be careful with the hype - page 6. | Bitcointalksearch.org

ven7net

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Quote from: dbc23 on November 03, 2021, 05:48:32 PM

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.

Thanks for the warning. As for why this is happening, the answer is obvious. Projects are launched to make money, and unfortunately, for the most part, these are projects created only in order to collect the maximum amount of money from investors and run away with them. Moreover, the better the idea and implementation of the project, the more money will be brought into it and the more you can steal. This was the case before, for example, in network companies, now the same practice is used in crypto projects. And in order not to become victims of scammers, you really need to be extremely careful when choosing crypto projects for investment.

Rocky993

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Attempts are being made to create hype by highlighting any project through various news. It is very risky for any investor. Because he lost all his intelligence in all the hype news and accidentally set foot in a nonsense project, it won't take long for him to become a loser. At this time you should be able to keep yourself away from those projects by all the news.

LUCKMCFLY

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Quote from: aseprebel on November 21, 2021, 10:53:55 AM

Quote from: dbc23 on November 03, 2021, 05:48:32 PM

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.

A lot of newbies see the hype, join in and start buying the top, then tell people to hold and buy the dip (which can be helpful) but with no technical analysis just hype only for it to dip again while others are cashing out up to 1600% profits only to fomo into another coin ready to do this same type of pump elsewhere.There's too many people here with unrealistic expectations and end up giving out information that can lose people a lot of money.

One of the things that most newbies and even some who have experience do not take care of is that they cannot control their emotions, and they buy when BTC or any cryptocurrency begins to grow in price, and that is a mistake, because they are leaving led by their emotions and not by reason, by the logic of the market, then it is very easy to see that a currency is starting to grow rapidly and newbies start buying because they think they are going to lose the movement and many times they do not know what that is intrinsically happening in the market, when we see a green and strong candle, it may be that rather the whales are selling more not buying and it is selling to the weak hands that do not know the movements of the market. And that is what happened in 2018 when they bought at $ 20k thinking that it would reach $ 50k.

alan228

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Quote from: csprochain on November 24, 2021, 02:12:40 PM

Quote from: zayika570 on November 05, 2021, 01:05:43 PM

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

Raise of the market allows to earn money to many people. That is why it is very important to continue to develop a project the offer the users the better conditions that competitors can offer because there is a big competition on the market.

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.

Anguwa

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This is indeed a very good advice for us. Our greediness make us fall victim of all those hyped projects. We are always looking for way to make things easy and fast, so instead of going for more research on the type of project to invest in, we end up following the project people are hyping just to follow the crowd, but at the end we end up gaining nothing and some end up dead after some profit. So this is a very good advice, thanks for your contribution 🙏

Zamoh

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I will probably answer in a slightly veiled way, but whoever wants to understand. Now the time has come when it’s too late to do anything, now we need to soberly assess the situation and sell what we have, I believe that it is impossible to buy now, it was necessary to buy in 2018-2020. Yes, everyone writes this idea, but few people put the necessary meaning. During this year, there should not be a single order to buy cryptocurrency, you need to gradually sell what you have. This is the correct work with hype.

csprochain

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Quote from: zayika570 on November 05, 2021, 01:05:43 PM

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

Such big growth attracts a lot of attention. People speak about cryptocurrency and discuss it.
Everybody wants to earn money on the raising cryptocurrency market.

Raise of the market allows to earn money to many people. That is why it is very important to continue to develop a project the offer the users the better conditions that competitors can offer because there is a big competition on the market.

bhooscream

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Quote from: dupee419 on November 22, 2021, 06:43:32 PM

-snip- it's alright since there's always room for adjustments and lessons to learn from it.

Yes, at least got some learning (lesson) from the mistake. This will be helpful for him, he won't do the same mistake next time. No one is perfect, I also ever did the same mistake. I followed the hype of pig token, I lost about $50. Now, I promised to myself to never risk my money to any animal meme tokens.

carlisle1

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Quote from: sherenikaw on November 22, 2021, 05:42:44 PM

anything that just follows the hype won't last long and it's been proven. coins that rely solely on hype will be very detrimental because the price can drop far and cause huge losses and will continue to fall. that's why we need to increase our knowledge so we don't get stuck with hype coins that are currently circulating in the crypto market. be a smart crypto enthusiast who can choose good crypto to invest or trade so that we can get the profit from it too.

Increasing your knowledge or enhancing your knowledge into this business is the important thing you should do before doing anything.

We know from the past that hypes are always inside and there is much success and failed stories from different kind of people who followed those

projects, it's you alone that need to take good care of your investment. hypes might give you opportunities if you know what you are doing, experienced

traders also play with this kind of investment but they carefully plan what they needed to do before making their participation.

dupee419

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Quote

You have got experience, so you must understand how to avoid it now. I guess you didn't analyze deeply the coins at that time. Just followed the hype, and fear missing the chance to buy. Is it true?

As first timers and without prior knowledge, mistakes are bound to happen, even if you have suffered from missing out or missing the opportunity to buy/sell at the right moment, it's alright since there's always room for adjustments and lessons to learn from it.

bhooscream

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Quote from: Ayyang on November 22, 2021, 02:04:00 PM

You are right juniors should listen to seniors carefully ana act accordingly

Who are seniors? Do you mean bitcointalk members who have higher ranks? Don't fully trust them, not all high-rank members can be trustable. Some of them can have less knowledge or experience, while newbies or juniors can have a lot of experience. Account ranks don't always imply the capacity of experience or knowledge of someone.

Quote from: Ayyang on November 22, 2021, 02:04:00 PM

I have aslo suffered a lot due to hype When I was new in cryptocurreny market.

You have got experience, so you must understand how to avoid it now. I guess you didn't analyze deeply the coins at that time. Just followed the hype, and fear missing the chance to buy. Is it true?

sherenikaw

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anything that just follows the hype won't last long and it's been proven. coins that rely solely on hype will be very detrimental because the price can drop far and cause huge losses and will continue to fall. that's why we need to increase our knowledge so we don't get stuck with hype coins that are currently circulating in the crypto market. be a smart crypto enthusiast who can choose good crypto to invest or trade so that we can get the profit from it too.

jeungo

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At the moment, HYIP brings not just money, but pumps a large amount of money, which pulls out even more money from people who see infinite growth percentages per day or per week. I don't understand how coins can do x800. If you remember 2017, this, of course, was, but now it's scary. So it's worth fearing the hype.

andeluna

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Quote from: dbc23 on November 03, 2021, 05:48:32 PM

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.

Yes you are right we need to be more critical about what and where to invest our money specially to new hype coins and new projects and most projects developing this time to scam investors is NFT and play to earn games this hype project and platform can easily get investors to invest to their project but after they get money from investors they will gone and leave people lose. So to those who want to invest by this kind of platform you need to triple check who behind the project you are going to be part of for you not to he lose at the end.

Ayyang

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You are right juniors should listen to seniors carefully ana act accordingly . I have aslo suffered a lot due to hype When I was new in cryptocurreny market.

bitgov

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Quote from: nininyashka on November 21, 2021, 01:38:57 PM

Quote from: zayika570 on November 05, 2021, 01:05:43 PM

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

When there is a big growth there is big hype.
No other assets growth in price so quickly than crypto assets. Everybody want to earn so big money. That is why there is so big hype.

Nobody knows how long the hype will last but now is opportunity to earn money and many people use this opportunity still cryptocurrency market raise.

In my opinion, this is not the safest time to make money on crypto. You never know whenhype will end. It's best to invest when the market is calm and wait for the hype. Now, of course, you can still try to invest, but the risk is very high.

the ghabbar

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Quote from: the ghabbar on November 20, 2021, 02:34:05 PM

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Quote from: zayika570 on November 20, 2021, 05:12:59 AM

Quote from: zayika570 on November 05, 2021, 01:05:43 PM

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

Cryptocurrency industry offers many opportunities to earn money, no wonder that many people try to earn more money using cryptocurrency and buying crypto assets.

Such big growth attracts a lot of attention. People speak about cryptocurrency and discuss it.
Everybody wants to earn money on the raising cryptocurrency market.

The more people talk about the more cryptocurrency develops, even today many people are shifting their investment in other forms to crypto, the current prospect is quite promising to invest in crypto, if we can use it well, by looking at the opportunities and opportunities in some of the available coins, that's why nowadays many people are turning to crypto investing.

The development of the times can present a lot of growth that is utilized, one of which is regarding the crypto world. this growth will provide new opportunities for everyone, if these prospects can be utilized properly to invest, the investment model shift has basically developed in previous years, it just depends on the country and the readiness of human resources to face the development itself and today crypto is growing and developing.

The development of crypto is currently quite developed and depends on the many people involved, even many people believe that investing is now very easy and suitable to do in crypto. All countries open space for crypto, even though there are still regulations that limit it, but if people want to invest, anyone can do it, the current growth of crypto is quite in line with the development of an increasingly advanced era, so that everyone can be involved in it without being coerced by anyone.

kojektea

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Developers like this are fraudulent developers who take advantage of investor investments without taking projects seriously. I find many similar projects in meme coins (although some also look like serious projects). Usually the name is similar to a successful project. Let's say we see Safepal as a successful project. So they made with similar names like Safemoon, Safeearth etc.

ardydyon

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a lot of hype coins are popping up and making tremendous price spikes.
hype coins are good to buy for trading only, buy at low prices then sell when prices are high.
but we have to know at which point we have to buy and at which point we have to take profit.
many people don't know this theory, they just buy it because they follow the hype and they end up losing money.
instead of buying hype coins like this, we should buy coins that have good projects and have a large market cap
such as btc, eth, bnb, sol and others. these coins are better to buy for long term investments and will definitely make a profit even if the movement is not as significant as hype coins.

nininyashka

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Quote from: ?? on ??

Quote from: zayika570 on November 05, 2021, 01:05:43 PM

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

Such big growth attracts a lot of attention. People speak about cryptocurrency and discuss it.
Everybody wants to earn money on the raising cryptocurrency market.

When there is a big growth there is big hype.
No other assets growth in price so quickly than crypto assets. Everybody want to earn so big money. That is why there is so big hype.

Topic: Be careful with the hype - page 6. (Read 2082 times)