Topic: Crypto space is a land of possibilities (Read 333 times)

This crypto space will only be promising and productive if we end up investing in the right coins. Otherwise, investing in crypto will be a total disaster since it will only give you frequent losses all the time. However, knowing the right coins to invest specifically bitcoin and top altcoins will definitely maximize our profit making than committing losses. Though there are also projects that become profitable in short term, but they are more risky to invest since they are mostly run by hype and fuds.

Yes, this is happening since the beginning. Well what to say but the first example of this was the bitcoin itself. We know very well bitcoin was also the currency with few zeros in front of its initial price. Look today and you can’t imagine how far it has gone. It’s almost impossible to bring it down or no natural way that it will get to the least count price one more time. There is no other asset like crypto currencies who has the capability to grow smart and competitive like this.

We say the project is gibberish, it may not have proper roadmap but sometimes all it takes is one spark to go limitless. So Yup, choose wisely and who knows you might be holding next second bitcoin.

" trade with your own risk" that's the common suggestion in the space because a lot of investors keep losing money from investing crypto currency.

But nowadays there is a big difference to be honest, wherein we can minimize the risk because all the specific information can be find easily in the internet unlike before..

So if you still keep lossing money till now when it comes crypto investment, probably it's because you don't have a consideration when choosing a project to invest.

Going all Fomo in all possible altcoins that you could see is just suicide and its better to be mindful on investing into something which is really worth the risk to put on rather than
on making out that kind of gambler like mind of behavior.Invest on the money that you could afford to lose but not something that you just simply dont mind about.
Crypto space does have lots of opportunities for you to take risk and benefit out but of course it would be always accompanied with risk but if you could able to
bare it out then its up to you to decide on.

Unpredictable is more suitable than possibilities in these case. You can't just invest in every shit coins and expect to gain an overall green portfolio. I say this because I've myself tried it.
Yes crypto is a lucrative place, when placed right, you can have x100 of profit in a few days but it also has it's risks. Even if we play safe, it could still be one of the best investment you could make.

Right, but take note though, not just in crypto, all investment opportunities involved risk so regrets is just part of the game, or shall I say our life. Maybe some have that element of luck in crypto, being early bagholders, didn't know about certain coin but just decided to take the risk and then win big in the end. And then on the other side of the coin, investing on project that has a lot of promises but in the end, it was a complete disaster.

When you invest in crypto, that means you want to profit but if you will only say you will use crypto, that means you only use it right away for paying or buying.

Crypto can be good for you because you are already used to it and you already know its flaws, whenever btc decreases you know how to handle it or use it as your advantage to buy so that you can also earn more whenever price recovers but to some that are new yet in cryptos, they will feel uncomfortable when the price starts to go down or up and down. This makes them think that crypto is not perfect for investment. There are other investment that are more stable and less risky, they will likely go with it.

Both Dogecoin and Shiba are the best coin had a huge investors. Not only this coin all the coin had the lower side now. Most of newbie after the 2017, had started to inverse in bitcoin with high price.The people who had started to get into market at cheap price and brought huge amount of bitcoin was the whale of the market.

Yes, the crypto space has many possibilities to make many possible things, but what has to do with metaverses and metaverses is currently being developed, and metaverses do have many more possibilities, although a good mix of crypto space with the metaverse is made, the processes will be 100% highly optimized, the chances that everything will improve is practically guaranteed, then crypto projects based on blockchain and the metaverse will be another level for everyone, where much more money will be handled.

From what you have stated in your thread if we can learn that always try to take any possibilities. Crypto is about good you are seeing any opportunities in the market but again, the pump that happened with doge coin and shiba inu was totally unpredictable. If anyone able to predict it and they would have bought shiba but the fact that only a few people are so lucky buying shiba inu. Yeah we have so many opportunities but again the pump and dump totally unpredictable. Did you even think if shiba inu has ever got pumped to the moon along with doge coin? Im sure that you regret your decision but again. You're not lucky enough for that. We have another time to make money from the crypto as you said the possibilities will always there anytime.

I agree with your statement, that there really are a lot of opportunities in the crypto space to really make a lot of money, even if you have only 50$ or so for your initial investment. To be fair though the truth is also that the chances that you are losing that 50$ completely or at least partially are way higher then that you make a x100 with it.
I also don't really like that you are listing meme-coins as examples for great investements of the past. There are dozens of other projects, that gave early investors a way better ROI then those meme-coins and they also have a way higher chance to still be relevant in a few years, while the meme-coin hype was only temporary and is going away now.

an altcoin being called a shitcoin doesn’t necessarily means that it couldn’t give you profits, instead there is reason that many of the traders even knowing and fully understand the definition of shitcoin itself, still trying and trading it until now, that's because the volatile nature of shitcoins and because it’s also kind of zero sum game, it basically transfer the wealth from many rather smaller, easily manipulated traders and add it into the wealth of all these traders with big capitals that could manipulate the market at their will.
the examples that you mentioned are indeed seems like such a great miss for many, but remember that the wealth accumulated from these shitcoins are coming from the lesser fortunate traders that doesn’t have any idea at all regarding these shitcoins.

You win and others lose. The volatility was giving so many possibilities in the crypto

Agreed, also in cryptocurrencies I see that many things are possible, any event or any scenario is possible, I have friends who have only made a couple of investments in a crypto project and were lucky enough to go up by x10, and their investment did not was so high, but they began to rise very well and almost without investment, this obviously is sometimes accompanied by a lot of luck, but in the traditional world under a series of rules that exist it is very difficult to reach large amounts of money if there is no a great risk, and a great risk implies that a lot of money must be invested, just as in this case there are always many more.

I hope you haven't said this to a lot of people because that's a pretty bad suggestion. Simply saying know when to take profit isn't really gonna help newbies buying "any" token. What if they became a victim of a rugpull just few minutes after their purchase? Yes it's an extreme scenario but it's not impossible to happen.

I agree on the part that everyone has their own agenda.

The better route is indeed to invest in valuable coins with active use case in the market. Because if you are into meme coins, the future is very uncertain as it depends on what the team will do in terms of marketing. We are also not sure if they have long term plans or just heading to pump and dump scheme. Newbies are attracted with meme coins because of the thought that they can easily get hundredfolds of profit. But such case is not for everyone. They will find out very soon the real scenario once they got a hold of meme coins.

They are lot of impossibilities in the cryptocurrency space; the coins you listed above have been anticipated to hit the $1 peak for years but, it's been impossible for doge coin. Sometimes, you should look at the reaction of other people on a particular project before investing into it. Most of the people who frown at a specific project must have invested into the project but, didn't get a positive result after a long while of waiting for the coin to become profitable. It's a wrong advise for newbies to continue waiting for a coin that the price keeps bleeding.

The best thing to say instead is to look out for projects that have a wide acceptance like Ethereum and invest into it. Knowing that you are holding a better coin that will yield profits along side with bitcoin. Calling out doge coin as a coin that will do wonders (something I'm not doubting) is not conducive for newbies because they may not endure the wait before they quit. Such experience has made a lot of investors to think that other cryptocurrencies are like the doge coin.

There is one thing that is impossible. That is when shit/meme coins dump they wont pump anymore. I am not talking about the coins that you listed but only to the really bad one's but even on the coins that you have listed I do not know if they still have a chance to recover now that they are not being shilled by Elon anymore. Their hype is over and those who invested on them late or those who invested early but did not sell because they expect more are now doomed.

If you are a new and do not have a knowledge would you not believe others that have more experienced than you? But, that's fine in your case because you do not mind losing.

Agreed, So many people are winning the game but remember that there will always be loosers and we have so many loosers in this game. This is about how smart you are to taking any possibilities. Crypto can make someone become a new millionaire in a night but it can also make someone lose his house in a few minutes. In so many news we have seen that people lost their live saving due to the cryptocurrency.
The only problem is when people know that investing in meme token is a high risk but they are still doing it. This is their fault.

That's correct and I agree with most of it especially the final piece.
Don't hate and yet don't fall in love with it. Always use your brain first before your emotions. There are times I also had the chance to make a lot of money out of ICO projects but I didn't sell because I fell in love with the telegram group and all the sweet words they tell. It was a mistake I did regret although I am still in profits when I sold some of it. It's just that, I was not able to maximize it.
Once you see an opportunity to sell and you think there is profit, take it as fast as possible and don't feel any regret if ever a better price comes out. Better, don't look back.

Yea..it's a land of endless possibilities and also a land of endless regrets as well. Brace up for both the pains and the gains.

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.

You are addressing to the newbies, yet you give them advice saying "know when to take profits" which is much easier said than done and newbies by default fail at that part. That's why it's much better for newbies to stick to something that they can hold for longer period of time without being afraid that will be worthless, meaning Bitcoin.

Being a newbie and buying a memecoin is nothing but a gamble and for that you don't even need crypto.

You are wrong, I bought shiba when it has 6 zeros with just 300$ and I sold at 0.00008$, I bought doge dash with 1000$ because im so sure about the CEO Paul Caslin which is a well known guy, it was a fair launch so I got in early, three weeks later this project killed 3 zeros.. I never reinvested in doge coin though after sellin the 2,000,000 doge coins I used to hold but I'm just saying that these coins once are useless coins in the eye of many.

you mention only the two most spinned coins/tokens. obviously reading too much about them affects you, so Doge and Shiba's hype reflected on you too. But that is okay and understandable.
About millions of lives have been changed, I am not sure about the truth of that story. it's just another spin argument (I’m not saying there aren’t those who made money from there)
Usually, many people are late with buying and then with the fall in prices they pass into long therm holders.

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life, here are few examples

1. In 2017 doge coin have few zeros in its value, so worthless that you can give it away easily, I used to gamble with million pieces of doge, the title 'shitcoin' was what got me to sell.

2. Shiba inu, a meme coin that many crucified for been a meme coin all in the name of trying to be another doge many hated this project, this shitcoin coin in the face of millions changed the life of many, now they are mad about it.

3. Know when to take profits, there are many that have make Insane amount of money from altcoins but refuse to take profits and later they lost it all, I have my own loss stories as well, be smart.

Many will say that hype helped this projects, accepted, but there is always something that will help a project atleast,  my advice is be open to opportunities, do not hate because others are hating, accept crypto for what it is and you will be full with good lucks.