Topic: Concentrate more on the technology and give less attention to price value. - page 2. (Read 688 times)
October 14, 2019, 05:43:17 AM
For sure technology is very important and without this technology there would be no value at all. But at the end, the only thing that bothers investors are the outcomes from their investment, and if team members are unable to provide it, the price will drop.
October 14, 2019, 05:37:29 AM
snip~
If you're just chasing the price gain when investing in an altcoins you would definitely ended up regretting your investment choice. If our focus were channelled more towards investing in the technology behind a project then scammers wouldn't have had recorded huge success when trying to scam us but since we're more concerned about the price value we easily become preys as the scammers profit from our greediness.
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You are right. I once lost more than 90% capital in mid-2017, I admit that my mistake was not careful enough in analyzing the project behind the fundraising. At that time I was affected by hype, after all this time there was no development of the product, the roadmap was meaningless, the longer the coin was worthless, I was tired of waiting, finally choosing to leave.If you're just chasing the price gain when investing in an altcoins you would definitely ended up regretting your investment choice. If our focus were channelled more towards investing in the technology behind a project then scammers wouldn't have had recorded huge success when trying to scam us but since we're more concerned about the price value we easily become preys as the scammers profit from our greediness.
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I am determined not to join ICO anymore and focus more on trading.
Totally agree. Investing in technology is much more important than making a quick profit. Bitcoin is now seen as just a kind of investment, a tool to make huge profits. Market traders absolutely don't care about the technology behind it. They even don't care what is project about, what technology does it have, what impact will it have on crypto world or our world in general. Just profit.
We also cannot force it. Everyone has their own goals and concerns. For me, as long as it becomes a passion and knows the right strategy, and understands the risks, it is not a problem, as long as it can profit. Investors and market traders, of course, have different views, want instant profits, hit and run, or be patient and wait for a surprise bounce in the future. what we need to do is try our best, do the maximum analysis in accordance with the niche that we are interested in. 
October 14, 2019, 05:03:44 AM
Many people depends on crypto for gains and profits and since many things have change since last bullrun they find it hard to leave crypto space hoping that someday the good old days will return, now the best solution is to aim for better projects that have new features you can't find in old projects, this kinda projects will survive in the future certainly
the technology is already there you will not care only in the price if you are rich and dont use crypto daily since there more people using it than storing many will also be affected in price movement. 
October 14, 2019, 04:49:07 AM
Most investors put their money in profitable projects quickly. I don't think this is a problem they don't believe in the technology but we don't know the back of it all. Maybe he is investing using money that he must later use for children's expenses, bills, taxes and others. So it would not hurt them to do that. And if indeed the predicted technology is proven to be good and useful, investors will also glance at it again. Both are no problem, just different needs and opportunities for each person.
There are probably a lot of investors who do not think much on the value or real-life contributions of what they are investing into. For as long as there is an ROI waiting for them, they would give it a go. There are even investors in my country who are willingly investing into scams for as long as they will get paid for it. Some are investing into ponzi and happy with their ROI even if in the long run it will make people lose money. They simply don't care at all. Just like some campaign participants here. They don't care at all if what they are promoting are shit projects or scams for as long as they are get paid for it.
October 14, 2019, 04:32:30 AM
Many people depends on crypto for gains and profits and since many things have change since last bullrun they find it hard to leave crypto space hoping that someday the good old days will return, now the best solution is to aim for better projects that have new features you can't find in old projects, this kinda projects will survive in the future certainly
October 14, 2019, 04:04:21 AM
Totally agree. Investing in technology is much more important than making a quick profit. Bitcoin is now seen as just a kind of investment, a tool to make huge profit. Market traders absolutely don't care about the technology behind it. They even don't care what is project about, what technology does it have, what impact will it have on crypto world or our world in general. Just profit.
but unfortunately there are still investors who invest without knowing the technology that will be developed by the project, because in my opinion the technology developed in a project must be superior, unfortunately there are some investors who only invest for profit without regard to the technology October 14, 2019, 03:50:19 AM
The Altcoin industry has made the timeframe for ROI so short that everyone now sees it as a quick money making industry or scheme which shouldn't be the case. If you have read the history of bitcoin you would understand it took bitcoin quite sometime to start yielding profits and it too it almost 10 years to record its massive success in regards to price value but yet enthusiast didn't loss hope in the technology and that's what happens when you invest because of the technology and not just for the price gain of the project.
Lets invest more in achievable technology that can add more credibility to the cryptocurrency industry and not just chase price gain.
How i wish a larger portion of this community can hear, listen and abide by this simple truth. Blockchain startups have now become a quick money gaining scheme where team members of project mostly abscond with the funds of the ICO or investors not being able to hold their balls till the project grows. As soon as ICO, IEO finishes almost everybody starts to scream on top of their lungs for Exchange listings lol. I invested into this project Destream and i know it's going to turn out big someday. Lets invest more in achievable technology that can add more credibility to the cryptocurrency industry and not just chase price gain.
Price is very low at the moment, maybe y'all can go for such a gem as that one.
October 14, 2019, 03:30:15 AM
Totally agree. Investing in technology is much more important than making a quick profit. Bitcoin is now seen as just a kind of investment, a tool to make huge profit. Market traders absolutely don't care about the technology behind it. They even don't care what is project about, what technology does it have, what impact will it have on crypto world or our world in general. Just profit.
October 14, 2019, 12:20:32 AM
Totally agree with you. Therefore, do not indiscriminately call almost all of the current altcoins useless. They just had little time to show themselves. It should be borne in mind that each successful token must have a real business, which for some time can develop and set up without the participation of tokens themselves, especially during such a protracted period of altcoins price drop, as it is now. Therefore, indeed, the price of altcoins should not be decisive in the concept of project success. First of all, the practical usefulness of the project is important, what technological and other amenities it provides to people. The price of the token will inevitably increase after increasing demand for it, even if it happens after a certain amount of time.
October 14, 2019, 12:20:21 AM
Sounds good on paper but honestly, technology is not what speculators look for.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
The OP is thinking of the ideal way of doing things. That would be the perfect way. It is however unfortunate that in the real world, there is practicality instead of ideal and perfect. The ideal and perfect are both concepts at best that are not really existing in the real world. If an altcoin is gaining strong momentum out of a very aggressive hype, that is enough for investors to get into it. There is a potential profit out of it because the rest of the crypto community are only exposed to hype instead of fundamentals.
Agree, there is a difference between the ideal and the thing that happens in the cryptocurrency market. Investors sometimes do not see technology as a major factor in investing in the cryptocurrency market because technology continues to grow. Many investors are more practical in deciding investments because in the end, every investment must be profitable
October 13, 2019, 11:05:35 PM
Sounds good on paper but honestly, technology is not what speculators look for.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
The OP is thinking of the ideal way of doing things. That would be the perfect way. It is however unfortunate that in the real world, there is practicality instead of ideal and perfect. The ideal and perfect are both concepts at best that are not really existing in the real world. If an altcoin is gaining strong momentum out of a very aggressive hype, that is enough for investors to get into it. There is a potential profit out of it because the rest of the crypto community are only exposed to hype instead of fundamentals.
October 13, 2019, 10:52:38 PM
Sounds good on paper but honestly, technology is not what speculators look for.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
Speculators look for potential value, which doesn't necessarily mean that something has the best technology. Rather, it means that they are looking for hype, looking for reasons that a project should be hyped - which can be contributed to via the underlying technology, but isn't always.
That's just a pragmatic way of thinking about altcoin markets, or even equity markets in general. Your way is purely ideological, unfortunately.
October 13, 2019, 09:35:32 AM
But new investors who have just jumped into the cryptocurrency world are only pursuing short profits just by investing in one project. Investment patterns like this that will be easily controlled by scammers who will give a lot of discounts if and promises of lucrative profits. It must be very selective in choosing a good project, as you said, investing for reasons of good and useful technology in the future will help developers develop good projects. We must be smarter than scammers and not be tempted by the bullshit given.
October 13, 2019, 09:30:10 AM
Most investors put their money in profitable projects quickly. I don't think this is a problem they don't believe in the technology but we don't know the back of it all. Maybe he is investing using money that he must later use for children's expenses, bills, taxes and others. So it would not hurt them to do that. And if indeed the predicted technology is proven to be good and useful, investors will also glance at it again. Both are no problem, just different needs and opportunities for each person.
There are probably a lot of investors who do not think much on the value or real-life contributions of what they are investing into. For as long as there is an ROI waiting for them, they would give it a go. There are even investors in my country who are willingly investing into scams for as long as they will get paid for it. Some are investing into ponzi and happy with their ROI even if in the long run it will make people lose money. They simply don't care at all. Just like some campaign participants here. They don't care at all if what they are promoting are shit projects or scams for as long as they are get paid for it.
October 13, 2019, 08:36:20 AM
Most investors put their money in profitable projects quickly. I don't think this is a problem they don't believe in the technology but we don't know the back of it all. Maybe he is investing using money that he must later use for children's expenses, bills, taxes and others. So it would not hurt them to do that. And if indeed the predicted technology is proven to be good and useful, investors will also glance at it again. Both are no problem, just different needs and opportunities for each person.
October 13, 2019, 07:29:45 AM
Yes thats right.
The problem majority people is want get rich quick, so they think buy coin at launching time then sell when listed on the market. Then get rich, is like make market be worst.
Personally, i do both, i invest in some project where i think will good in the future. If project i think not going forward, i will sell that token, because i only want active project.
Maybe developer must give atleast dividend system, so investor will keep interested about project.
The problem majority people is want get rich quick, so they think buy coin at launching time then sell when listed on the market. Then get rich, is like make market be worst.
Personally, i do both, i invest in some project where i think will good in the future. If project i think not going forward, i will sell that token, because i only want active project.
Maybe developer must give atleast dividend system, so investor will keep interested about project.
October 13, 2019, 06:46:51 AM
Very few crypto investors are concerned about the technology, they will become so panic if their investment value drops a moment after they invest the money.
Most of crypto investors are wanting a quick profit and not supporting project they've joined
Most of crypto investors are wanting a quick profit and not supporting project they've joined
Investors will prefer coins or tokens which according to him will provide technology. I agree that investors sometimes don't really understand the technology used or understand the blockchain, because for investors, price increases are the main thing
October 13, 2019, 05:26:36 AM
I believe in the technology behind Bitcoin, which is blockchain. If Bitcoin would have smart contracts, no other altcoin could compete with it in terms of technology. Atm Ethereum and Stratis are my go to platforms if I want to run smart contracts or sidechains (Stratis). But seeing the steep decline in price of all altcoins in comparison with Bitcoin makes me very reticent to invest in them, while Bitcoin is a perfectly viable solution for storing value.
BUT what I would suggest is not investing in the actual altcoins, but invest in projects/applications that use their technology. I think this is the paradigm shift needed to bring mass adoption and create a healthy tokeconomy.
BUT what I would suggest is not investing in the actual altcoins, but invest in projects/applications that use their technology. I think this is the paradigm shift needed to bring mass adoption and create a healthy tokeconomy.
Asking about that bold text:
I honestly don't understand what you are saying. Why not to invest in the altcoin that is probably used in fees on any project using it? Can you give me an example? Do you mean i shouldn't invest in eth because i could invest in some dapp running on it?
October 13, 2019, 05:00:27 AM
Very few crypto investors are concerned about the technology, they will become so panic if their investment value drops a moment after they invest the money.
Most of crypto investors are wanting a quick profit and not supporting project they've joined
Most of crypto investors are wanting a quick profit and not supporting project they've joined
October 13, 2019, 04:56:03 AM
Why not have both, you concentrate on finding the technology and the concept behind the coin and if you find you will always find profit in supporting this coin, it's not overnight that you are going to make a profit, it will take some time of course, but the expectation and the rewards are worth it.
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