Topic: Danger that awaits few coins (Read 738 times)

I'm here to clear few facts about some crypto coins, i will start with exchange tokens, people are getting things mixed up when it comes to real use case, many thinks once a coin has a real use case it's a must buy well this is for you, let me start with binance, i love the exchange simply because of the seriousness of the team and CEO himself i believe that's why they made it this far but im not 100% sure about bnb token because it's use case ends on the binance exchange, outside the platform it's nada,  i belief any good real use case should be for the public but bnb token is limited in this area, everything about bnb ends on it's exchange.

My second point is pointing towards Proof of Stake coins, we all love earning with no big hassle like POW coins but at the same time have you ever think that apart from the POS ability what is the use case of the token or coin itself? Many keep making this mistake that once a coin has staking ability it's the best, this is why many POS coins loses value while you are holding them to get your reward annually.

I believe that POS ability is just a +, assuming the use case of a coin is for means of payments either with many merchants or so and the coin still has staking ability makes more sense than a coin with just staking ability alone, please be wise with the ways you define your real use cases

Not all coins are useless. However, the problem is that people expect prices to increase continuously. A coin rising so prices should not rise. Then the prices thought the project is called the worst. This situation needs to be solved.

I'm here to clear few facts about some crypto coins, i will start with exchange tokens, people are getting things mixed up when it comes to real use case, many thinks once a coin has a real use case it's a must buy well this is for you, let me start with binance, i love the exchange simply because of the seriousness of the team and CEO himself i believe that's why they made it this far but im not 100% sure about bnb token because it's use case ends on the binance exchange, outside the platform it's nada,  i belief any good real use case should be for the public but bnb token is limited in this area, everything about bnb ends on it's exchange.

My second point is pointing towards Proof of Stake coins, we all love earning with no big hassle like POW coins but at the same time have you ever think that apart from the POS ability what is the use case of the token or coin itself? Many keep making this mistake that once a coin has staking ability it's the best, this is why many POS coins loses value while you are holding them to get your reward annually.

I believe that POS ability is just a +, assuming the use case of a coin is for means of payments either with many merchants or so and the coin still has staking ability makes more sense than a coin with just staking ability alone, please be wise with the ways you define your real use cases

Only one thing i know for sure ,projects with no working product ,no use cases are the coins that is in danger and going to be eliminated in the world of crypto soon. If this happens it will be a big help to those projects and teams who are working very hard.

I'm here to clear few facts about some crypto coins, i will start with exchange tokens, people are getting things mixed up when it comes to real use case, many thinks once a coin has a real use case it's a must buy well this is for you, let me start with binance, i love the exchange simply because of the seriousness of the team and CEO himself i believe that's why they made it this far but im not 100% sure about bnb token because it's use case ends on the binance exchange, outside the platform it's nada,  i belief any good real use case should be for the public but bnb token is limited in this area, everything about bnb ends on it's exchange.

My second point is pointing towards Proof of Stake coins, we all love earning with no big hassle like POW coins but at the same time have you ever think that apart from the POS ability what is the use case of the token or coin itself? Many keep making this mistake that once a coin has staking ability it's the best, this is why many POS coins loses value while you are holding them to get your reward annually.

I believe that POS ability is just a +, assuming the use case of a coin is for means of payments either with many merchants or so and the coin still has staking ability makes more sense than a coin with just staking ability alone, please be wise with the ways you define your real use cases

Yes a lot of alts/tokens here are not that useful and helpful in the end like from the start they can turn well but no future at all

Then i think better to pick few only alts and if you going to risk in some alts/tokens then better to sell that quickly for me then
you need to think like that's like for an investment only

with a real product attached to the project, it certainly can be a separate reference, and if the project implements according to the roadmap and plans that have been set and have innovations I think it is still feasible to hold on to them. Solid community can also be a reference to help its future development

This one of the main problem of crypto world there is alot of them and no one can stop them from spreading a lot of new altcoin are being created and no use at all. They are just full of promises and that's it is much better to avoid an ICOs since for sure they will just scam the investor.

And we all know that some of the altcoins are being deleted by exchange because they have no volume and just a pump and dump scheme.

the real platform is indeed important, and sometimes there are also those who are concerned that the project has partners with large platforms or not. most importantly we can understand the concepts they have because projects can grow when they have the concept to create a real platform and are supported by other developments.

it is based on real usage or it is often said that the coin has a real product. but we all also know that every project has a different concept and product. and if someone wants to invest in crypto, be aware that not all coins can be profitable and the product can work well. please reconsider before taking part in this cryptoqurrency space.

And the right strategy at this point in time is to continue to have strong hands and HODL. Never let it go. There will always be uncertainty in the world of crypto. But one thing is certain though, we will always be hitting new ATH. We should be there when it happens. 5 months from now, or 1 year, or 5 years; it does not matter. What matters is that we are here to stay and wait.