Topic: Crypto space is a land of possibilities - page 2. (Read 333 times)

It was supposed to be meme coins in the past but Elon is hyping those meme coins that's why it created a FOMO. Do you think they still want that meme coin if Elon is hyping it? Let's just say that Elon did help to pump that shitcoin but to be honest, he's just wanting to make some profit too and those who dump/panic pay the price. If you know how Elon did abandoned Bitcoin after pumping it, you should be aware of how he would make a profit then abandon that shit coin soon.

Yes, the crypto world still provides opportunities for new people who want to invest in crypto or us. We saw how the coins made a lot of big profits in the last year even though at this time, the price of the coins has fallen far from its high yesterday. But I'm sure, in the future, there will be many coins that will again give us the opportunity to get another big profit. So it's better for us to keep looking for other coins that we can use as an investment or to trade so that our profits can continue to grow.

Yes, well said. Probably this is the best place to make money. Taking the right decision at the right time is very important in the crypto market even some traders think it is like gambling. Shiba changes many traders' financial status. We all make mistakes sometimes and repent later but this is a part of the market and one can not escape from this. Yes, we should always be open to opportunities rather than narrow-minded and should not make a perception about any coin without knowledge. Many traders still hates meme coins but the fact is meme coins make many millionaires.

A beginner who wants to avoid scam project can equally do that very simple, likewise other people who wants to detect scam platform without involving into investment, any scam investment really have a mark, so inquiring to their platform will display their reputation and how potential is the project.

What about squidgamecash, Safemoon, and many more shit scam token other than doge coin and shiba inu. Elon is only the guy who helping the doge coin to jump a lot from a few billions to the multi billions marketcap like this time. I don't even think when elon didn't create hype for doge coin combined with wallstreet pump and this thing would happen. it's easy to say when you are seeing a coin jumped a lot and give its holders bunch of money but what about those who buy at peak price? The way you are thinking is totally wrong. if people are following you and they may be trapped by so many scam meme tokens that issued by scammers everyday.

I'm not really sure how those two will give you x100 in the future Again, to each its own, we have our won bet on what coins are going to give us that huge returns not just Doge or the whole NFT's hype. In any case, the keyword here is hype, so we know that this could just be a temporary spike, or simply put a pump and dump. So we need to be careful of those coins, it's better to still invest on solid projects like those in the top 5 or top 10 lists.

Yeah, especially those that came from a very good launchpad like Bscpad and Ethpad which typicaly gives a x100 return for those gaming NFT project that has a strong VC backing them for initial fund for game development. I investment on many NFT games before like Dragonary, Wanaka, Stephero and many more that gives me insane gain from the IDO price. Most of the people focus on mainstream crypto that's why they are missing huge potential gain on new crypto.

Not only that it is a land of possibilities as the OP said, I can say it’s a great land of opportunity. And why is that? There are many opportunities for us to make money with crypto aside from just holding and trading alone. It creates infinite possibilities.

DeFi, NFTs, metaverse, decentralized web 3.0s, etc. You name it!

To be honest, if I hadn’t pursue this industry and listened to the naysayers (especially those who were against me doing BTC and crypto stuff), I would still end up being a heavy disappointment to my family and drowning in a lot of debt.

I can’t imagine myself letting go of crypto which totally saved me from financial disaster. I’ll keep pursuing this for a very long time!

It's true that anything can happen in the crypto world, but investing in such meme coins is too risky and lucky you because luck is on your side and everyone here must have experienced the same thing, although not everyone was lucky because of coin memes. And are you still choosing coin memes in your portfolio?

Only 2 from thousands. it's better if you are change the way if you think about this. Just because 2 legit tokens and what you are saying about meme token was true. Why don't you count how many failed meme tokens in the market? If you are only mentioning the big meme token and anyone can always accept it but what about when you're try to make a comparison about how many meme tokens dead in the market? this will be far reliable compared when you're only saying the good thing about meme token by mentioning doge coin and shiba inu. The concern is about so many meme tokens but as you can see only 1 or 2 tokens that are worth to invest.
The rest are just dead and disappear. So how much you make money from doge coin and shiba? 1 million 10 or 100 millions?

since its inception crypto is a speculative industry. in the past bitcoin before being adopted by institutions, can survive because of speculation that is always growing in the community. therefore without speculation or hype, however good the project was it would be difficult to make it big. You can see from Doge or Shiba, this coin was originally shitcoin but when Elon made a tweet, there were a lot of people speculating about this coin and a hype coin meme was created.

Anything is possible int he crypto space and look at how some people are so lucky and they become millionaires.


I just wanna say that those meme tokens are giving a big return for the long term believers. Remember hype will not gonna long. People don't like that and it's free for them to hate it. You can't dictate anyone to follow what you have been saying. that's others and if you're not hating it and that's you. Feel free for anyone to say what they have been thinking about meme token but only lucky guy who was able become the new millionaires from the meme tokens.

I also thought this call was not entirely correct. Enough faith? This is serious? Especially in a branch for beginners. I have seen a lot of beautiful projects that spared no expense on advertising, used every means to make people believe them. As a result, these promising projects turned out to be beautiful scams.
I can say, on the contrary, no one should be trusted, there should be a large amount of skepticism everywhere, and if doubts can be debunked, only then can one rely on a drop of faith.
For beginners, faith can only be in bitcoin. But even here it is necessary to rely on a sober mind, having not only information about ups but also about falls.

Of course nothing is impossible, that's why there is the possibility of profit as well as loss. What you must understand is that as a crypto user, it's up to you to invest in whatever project you choose, but you're advised to choose Bitcoin because it's a long term project, and if it dumps or plunges, it always rises back up again. But mind you that with majority of altcoins that's not always the case, quite a lot of them are pump and dump shitcoins, they stay up with a lot of hype, but after the hype dies, they dump and stay down, that way only early investors make ROI, whilst others are left with a useless coin.

Having said that, like I said earlier your investment is still up to you, but newcomers must be told the truth, if you believe in ("lottery") meme coins, then you can invest in them, but while doing so you must be careful, I know you'll say: 'Bitcoin is also not a safe haven', yes it's not, but certainly it's a long term sustainable coin, so as long as you're a long term investor you're definitely bound to make profit, and that's the difference between it and other coins. Finally, always invest only what you can afford to lose no matter the coin you have Invested in, but if you're an altcoin Investor, it's wise to treat them as short term projects through taking profit whenever you accrue them, hodling them for the long period is way too risky.

Well, I don't rely on luck as in this crypto market, it is very important to understand how it works and adapt to the changes. Having a chance to be in the crypto space gives us the opportunities and possibilities to grow our money out of the risk. And those who hate Bitcoin will soon realize that they are wrong, absolutely wrong but yeah, not all are meant to be here as not all appreciate crypto in the first place. Some just open their minds and invest while still many think negatively.

This is a very dangerous thinking, just because you believe in some coin, doesn't mean it will go up. There's 17 thousand coins and tokens, and only a tiny minority of them do huge bull runs. Investing is garbage coins hoping to win big and fast is really no different from gambling, and the key characteristic of gambling is that you statistically can't profit from it.

You have come to the crypto forum so I think there is no need to convince others that crypto has a lot of potential and earning opportunities 
Everyone who came to this forum is interested in crypto and believes in the great potential of crypto.
Unfortunately, not everyone is able to recognize good crypto projects and use the crypto potential to their advantage.
Such a thing still requires knowledge, experience and luck 

Maybe you're lucky this time because you've invested hyped coins but you only mentioned two of them, how about those projects that have been scammed and many investors have been trapped because of hype.  Just be careful even though you have profited, hype coins are usually good for short-term investment and you will never know when they will drop or become shitcoins.

People must understand the risk of investing in altcoins, Bitcoin is the most reliable crypto asset that can be trusted.  But of course, that's your money, invest only of what you can afford and if ever it will have failure isn't too much hurt in your side.

Actually it did. But for some reason other hype project loses its value due to overhype. A project can be helped through it use cases. A certain community typically loves a good one with working product and has been using in various activity. For me those projects that can be usef out of something is more good than holding your token and wait for it to become a gold one.

Even BTC has its ups and downs, the best thing in this world is been able to spend money what you need to, BTC was once 19k and goes down to 3500$ in 2020 imagine if something came up in your life and you needed that money at the time and the BTC is the only option left, you will end up selling at lower price.