Do you think data focus web3 Projects could be the next bigthing?

lixer

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Quote from: d3nz on June 19, 2024, 11:07:09 AM

Quote from: bastian466 on June 19, 2024, 09:07:19 AM

What achievements have you achieved by investing in projects that you think stand out? What percentage are you accurate in choosing which projects will really stand out or fade? I honestly haven't dared to do that by risking my pocket money to start investing in new projects

That's why it is called investment. Investing is really risky and you really don't if they are scammers or not, and even though they are legit they can still provide an exit scam scheme. Also, you can only invest what you can afford to lose.

Of course there are ways to tell if the investments are scams or not. We can look at their history for example and if who are the teams involved in those projects. The only thing is that some legit projects can still go bad unexpectedly some times and this why investing is risky as you said.

This is also the reason on why we are being advised to invest only what we can afford to lose but it is still up to us if we will follow it or not. After all, we are not forced here by someone else because most of the times, it was still our money is the one that we use when investing. There are people who can risk more, thinking this is the only way for them to get rich quick.

bastian466

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Quote from: d3nz on June 19, 2024, 11:07:09 AM

Quote from: bastian466 on June 19, 2024, 09:07:19 AM

Quote from: btc78 on June 19, 2024, 01:56:45 AM

Quote from: bastian466 on June 18, 2024, 10:30:47 AM

Yes, the market situation is still confusing in which direction the market will move, maybe waiting is the right time for now, but we have to move more innovatively looking for projects that have potential,

There are way too many projects nowadays of different purposes and you might get lost in finding one that really stands out. Many people would have a hard time delegating their attention and investments in just one project because of how many there are.

You probably wouldn't discover a project after it has grown because it might be overshadowed by other projects.

Quote

but I'm afraid that fraud is always rampant in new projects, but big profits also lie on a new project, right? or older altcoins that are safer?

There will always be fraud everywhere

where money is where scammers would flock towards to

What achievements have you achieved by investing in projects that you think stand out? What percentage are you accurate in choosing which projects will really stand out or fade? I honestly haven't dared to do that by risking my pocket money to start investing in new projects

That's why it is called investment. Investing is really risky and you really don't if they are scammers or not, and even though they are legit they can still provide an exit scam scheme. Also, you can only invest what you can afford to lose.

It's like gambling, isn't it, we have to be prepared for defeat or victory, if we jump in, it means we have to be ready for everything that will happen in the future, roughly like that, because there is no other party who will provide guarantees or responsibilities except ourselves

Sayeds56

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Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction. This has left many of us confused about the bull run, with some even thinking it's already passed us by.

However, I believe we'll soon see a shift in market sentiment for the better. With that in mind, I've been searching for projects with compelling narratives, like the one I came across on Twitter today - Mystiko.Network. It's a platform that makes blockchain technology faster, more secure, and more private, giving users control over their data and transactions while enabling developers to build innovative applications. I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

It is true that Bitcoin is highly volatile and unpredicatble crypto asset, with uncertainty about its short term direction. However, I am confident that its long term outlook is positive. Market makers are waiting for clear signal regarding interest rate reductions from FED chairmen to push Bitcoin price to new highs.

Regarding Mystiko Network, it appears a promising project given the compelling need of security, scalability and users privacy, however there could be regulatory challenges for such projects, particularly laws concerning privacy and data protection.

d3nz

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Quote from: bastian466 on June 19, 2024, 09:07:19 AM

Quote from: btc78 on June 19, 2024, 01:56:45 AM

Quote from: bastian466 on June 18, 2024, 10:30:47 AM

Yes, the market situation is still confusing in which direction the market will move, maybe waiting is the right time for now, but we have to move more innovatively looking for projects that have potential,

There are way too many projects nowadays of different purposes and you might get lost in finding one that really stands out. Many people would have a hard time delegating their attention and investments in just one project because of how many there are.

You probably wouldn't discover a project after it has grown because it might be overshadowed by other projects.

Quote

but I'm afraid that fraud is always rampant in new projects, but big profits also lie on a new project, right? or older altcoins that are safer?

There will always be fraud everywhere

where money is where scammers would flock towards to

What achievements have you achieved by investing in projects that you think stand out? What percentage are you accurate in choosing which projects will really stand out or fade? I honestly haven't dared to do that by risking my pocket money to start investing in new projects

That's why it is called investment. Investing is really risky and you really don't if they are scammers or not, and even though they are legit they can still provide an exit scam scheme. Also, you can only invest what you can afford to lose.

bastian466

sr. member

Activity: 1302

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Quote from: btc78 on June 19, 2024, 01:56:45 AM

Quote from: bastian466 on June 18, 2024, 10:30:47 AM

Yes, the market situation is still confusing in which direction the market will move, maybe waiting is the right time for now, but we have to move more innovatively looking for projects that have potential,

There are way too many projects nowadays of different purposes and you might get lost in finding one that really stands out. Many people would have a hard time delegating their attention and investments in just one project because of how many there are.

You probably wouldn't discover a project after it has grown because it might be overshadowed by other projects.

Quote

but I'm afraid that fraud is always rampant in new projects, but big profits also lie on a new project, right? or older altcoins that are safer?

There will always be fraud everywhere

where money is where scammers would flock towards to

What achievements have you achieved by investing in projects that you think stand out? What percentage are you accurate in choosing which projects will really stand out or fade? I honestly haven't dared to do that by risking my pocket money to start investing in new projects

btc78

full member

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Eloncoin.org - Mars, here we come!

Quote from: bastian466 on June 18, 2024, 10:30:47 AM

Yes, the market situation is still confusing in which direction the market will move, maybe waiting is the right time for now, but we have to move more innovatively looking for projects that have potential,

There are way too many projects nowadays of different purposes and you might get lost in finding one that really stands out. Many people would have a hard time delegating their attention and investments in just one project because of how many there are.

You probably wouldn't discover a project after it has grown because it might be overshadowed by other projects.

Quote

but I'm afraid that fraud is always rampant in new projects, but big profits also lie on a new project, right? or older altcoins that are safer?

There will always be fraud everywhere

where money is where scammers would flock towards to

betswift

copper member

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Merit: 1

Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction. This has left many of us confused about the bull run, with some even thinking it's already passed us by.

However, I believe we'll soon see a shift in market sentiment for the better. With that in mind, I've been searching for projects with compelling narratives, like the one I came across on Twitter today - Mystiko.Network. It's a platform that makes blockchain technology faster, more secure, and more private, giving users control over their data and transactions while enabling developers to build innovative applications. I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

One of the main keys of Web 3 is decentralization, so it is to avoid data collection and selling it. I think the whole Web3 concept and Data focus project contradicts each other!

bastian466

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Yes, the market situation is still confusing in which direction the market will move, maybe waiting is the right time for now, but we have to move more innovatively looking for projects that have potential, but I'm afraid that fraud is always rampant in new projects, but big profits also lie on a new project, right? or older altcoins that are safer?

makishart

legendary

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Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction. This has left many of us confused about the bull run, with some even thinking it's already passed us by.

Honestly, altcoins and bitcoins are part ways now. The unclear pattern from altcoin against bitcoin has proven it if here is a gap between altcoin and bitcoin now. Im worrying if bulltrend has passed us. There was no significant improvement happened to the altcoins.
It may be a signal if altcoin is not following bitcoin again. To summarize, this trend has been happening since bitcoin gets ETF approval, no doubt people are so confusing with the current trend.

Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

However, I believe we'll soon see a shift in market sentiment for the better. With that in mind, I've been searching for projects with compelling narratives, like the one I came across on Twitter today - Mystiko.Network. It's a platform that makes blockchain technology faster, more secure, and more private, giving users control over their data and transactions while enabling developers to build innovative applications. I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

Yes, it's good to have a project with such use case, but i only remind you we are no in a good trend at this moment. The utility of tokens can't guarantee you to be safe from the dump. Bitcoin keeps drive altcoins to go down.
In conclusion, it's good to have a project with such usecase, but im worrying that would not be giving impact because of the bearish market.

Iamcrypticguy

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Navigating the Crypto world & Holding BGB Along..

Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction. This has left many of us confused about the bull run, with some even thinking it's already passed us by.

However, I believe we'll soon see a shift in market sentiment for the better. With that in mind, I've been searching for projects with compelling narratives, like the one I came across on Twitter today - Mystiko.Network. It's a platform that makes blockchain technology faster, more secure, and more private, giving users control over their data and transactions while enabling developers to build innovative applications. I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

BTC won't reverse till it gets to 60-61k region, that's my opinion though. About Mystiko, I noticed they had public sale on Coinlist raised $11.25M & they're backed by Sequoia Capital, SamsungNXT, Hashkey. Listing on Bitget, bybit etc today at $150M FDV( With the former giving airdrop to XZK traders).. Let's see how this goes though 😊

peter0425

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Quote from: Cryptodaring on June 15, 2024, 06:12:31 AM

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction.

What are you talking about? Those who know bitcoin has no uncertainty and has full confidence on the coin. I surely have not seen many people saying they are confused about where bitcoin is heading.

Quote

This has left many of us confused about the bull run, with some even thinking it's already passed us by.

Mate, how can a bull run pass you by when it runs for almost 4 years? A bull run is not all rise, but this is generally a period where it will set up new aths.

Quote

I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

In the crypto scene it is no surprise that everyone values privacy and decentralization over anything else.

Cryptodaring

newbie

Activity: 30

Merit: 0

Hey guys, I know we've seen a lot of uncertainty in the market lately, with BTC lacking a clear direction. This has left many of us confused about the bull run, with some even thinking it's already passed us by.

However, I believe we'll soon see a shift in market sentiment for the better. With that in mind, I've been searching for projects with compelling narratives, like the one I came across on Twitter today - Mystiko.Network. It's a platform that makes blockchain technology faster, more secure, and more private, giving users control over their data and transactions while enabling developers to build innovative applications. I've noticed a trend in projects focusing on user-owned data,So don't you think it's good we are having project with such usecase? (Edited)

Topic: Do you think data focus web3 Projects could be the next bigthing? (Read 98 times)