Topic: Don't buy into the hype, return to fundamentals! (Read 152 times)

The trend so far we can choose for ourselves. I think the hype you're coming in is the hype of the meme coin. Because meme coins have a very risky investment from any trend. In this case, I prefer the project by forging a good road map and implemented. Even if they go down on a bear market I'm sure it will climb back up because of strong fundamentals.

A good point, although sometimes the project might be worth the hype. That’s why it’s good to start with the fundamentals, you need to fully understand the project, if it’s definitely worth it, then it doesn’t matter whether it’s getting hyped or not. There are good projects that you would see and as time goes on, it would get to a point where the project will gain recognition and then you will see the hype starting.

Apart from how good a project is, another thing that we should really be looking into is the team that is behind the project. The coin might be a good coin, but if it doesn’t have the right team to push it to the top, then it’s just going to die off without achieving any success at all. So that is why it is very important to get to know the team and know how serious they are about pushing the coin . If the team are not doing anything that shows that they are ready to push the project forward, then it is best to move forward and look for other things to invest in.

The chance to get into a bad project only on the wave of hype is very real. Therefore, fundamentally, it is not about chasing high sharp growth, but trying to find projects that look as good as one day, but very interesting ideas or funds that are behind them.Lately, too many projects based on hype are just bubbles for stealing money from honest people.

Investing before the hype is the best thing but not during hype since there is no possibility to get much profit if the hype is already there. We should know that not all project worth their hype and once the hype is over nd the price dump it may not be able to recover again. So we should not regret all the projects we missed the hype or we're not able to ride in their hype. There will be more projects in the future that we can study whether there will be a chance for it to get the hype.

I'm personally neutral here because I always say in myself good fundamentals will lead us to success, like being in coins that have good volatility as you said in your thread.
On the other hand, it does not blame and does not give advice to people who are in hype.
Because indeed this is a choice that we make and we of course already know that the hype for meme coins is something full of risk but if you get a profit once it will be very big.
I'm also in the hype apart from I'm in a coin with good fundamentals, I think it's okay as long as we can take advantage of the momentum and place the position at the right time

We must always go back to the basic and that's to make our own research about the project whenever we're going to invest. But many of the investors today especially new investors of cryptocurrency were being blind by the hyped of mostly NFT and a feature of a play-to-earn projects. It would only be worth it to join and ride on the hyped project as long as you've already know the usecase of the project and you can see that it may still function and may doing great for a 10 years, so before trying to take any risks made a DYOR first.

Going on with the hype and investing money is best way to make profits but keeping that in mind that you have invested in the right coin as this time many coins are hyped which don't have potential to grow and you could loose all your funds at once and making zero profit rather loss.So market knowledge and research is best that you should do at first.

If you have been investing or being an investor for a long time and you should already know what you are talking about. This you have to research yourself about what you will invest in the future. if you fail it becomes a big lesson to be able to continue to grow and hone what you have.

I agree with your statement that we should not invest only based on the current hype and just throw money at every project that is labelled as "metaverse" or "play-to-earn" at the moment. I think that both of these trends are already pretty late in the hype cycle and if you invest now into a upcoming metaverse or play-to-earn project then i think it is very much possible that you will lose money. We should always look for great projects and if we find a project that has a great team, a great idea, a well explained roadmap and whitepaper, maybe even good partnerships then we should take that opportunity even if this type of project is not in the focus at the moment.

I always try to buy fundamental projects that are not on the hype right now, I believe that when the HYIP reaches them (and this will necessarily happen, the fundamental coins eventually all get the hype), I will already be in the rocket and will not buy at a high price.  Now in my portfolio there are such fundamental projects (which are not yet on the hype) such as Rose, NEAR, Ardana, Aurora

People forgets history. That's what I think is happening now.
They can easily be manipulated with the basic platforms of new projects being created. Like, cheap coins with high returns if you buy millions of it.
This kind of perspective is not different from what happened before.
I don't think it can easily be undone and it will happen over and over again unless they learned they lesson and be a victim of it.

agree, of course we have to be smart in making decisions This incident shows that novice investors are often too quick to make decisions because they want to immediately make a profit. However, making decisions that are too fast actually lead to risky investments. The result is a return on investment that is not maximal and does not match expectations.

the suggestions were very good that the fundamentals can decrease the risk to people losing their money but unfortunatelly most people currently only concern about hype coins and forgot or avoid fundamentals from particular coins and they usually late entering the market to buy at peak price so it's predictable that they were losing their money and this year it just became new trend that people rush to buy at hype coins because tempting to get instant profit which is this clearly not good way to invest and survive at cryptocurrencies world

Whether we like it or not but at some point that hypes is a tool to make us become more profitable if we got lucky and if we ride those hyped coins. If we could remember what it happen to meme coins Doge and SHIB, it all be that wat way and much more hypes on NFT gaming platforms. We can't really deny the fact that people are now watching on the market looking for the next project to get hyped. We are fundamentally making this a way to earn more compared to investing in reliable projects.  

ordinary people will easily get caught in that situation, either someone else took advantage of the moment with his fame or it was too late to invite others to feel the benefits
if you are trapped then make it an experience and don't blame others excessively

Buying in hype is not a good choice to get good profit most of the time traders end up in loss. Yes, I agree we should focus on the new projects that probably have potential to grow that can give much better profit than meme coins with less risk but it's not easy to identify new good projects but we all learn this by the experience and long term goal with good potential and trusted coins would be a better idea.

Or why not do it both? If you can ride the hype while also gaming some good profits on some project based on fundamental and just hype sync around the project then there*s really not needed to choice one. There will be always a mistake answer from someones perspective but you wouldn't do it that way just to gain. Being honest I do both and both earning from those good gains. Sometime meme isn't about hype but traction and fundamental projects doesn't mean they are solid one there are lots of choices for that.

Most people buy into the hype without thinking when the hype will over because they feel that they can make money from the hype. But they do not know when the hype will over so they can be late and buy the coin at a high price and that is happen to many people. Return to fundamentals is good way to know if the coin is worth to buy but that will depend on how you can analyze the coins because sometimes, the fundamentals can change anytime and give you a wrong analysis.

That's true that we should return to fundamentals. If you are a long-term investor, you should pay attention to the technology first, but if you are a short term trader, hype is more important. Hype can't last for a long period of time, so if you take some projects to hold then, they should have something really fundamental under them so as to be in demand in the future.

Don't buy into the latest hype, instead get in early on projects with strong fundamentals, with no hype. It is risky, but it can provide enormous returns.

Ethereum provides the infrastructure for launching smart contracts and Polygon provides the same infrastructure at higher scalability. But the biggest growth potential right now is in the protocols that utilize this infrastructure

XVMC is a "full-stack" protocol made to evolve and this is how it works:
- It actually is a DAO
- The main goal is to create a valuable protocol/currency
- to earn staking rewards, users must lock up their tokens (a time deposit/CD)
- the longer you lock the tokens for, the higher rewards and more voting power you receive
- the locked up stakers create the governing council
- This creates the decentralization - a consensus mechanism that governs the whole protocol and allows it to be updated and evolve without any one single party in control
- Users act as oracles that regulate the system ( the inflation, rewards, events, fees, bonuses,...)
- When businesses grow in value, they provide additional services. Similar could happen on the protocol level
- Protocol itself holds meme tokens and NFTs to create narratives that could make it more valuable(it gives you exposure to MEMES and NFTs)

It might be hard to understand but all of these things are a big deal.
1.) Time deposits are the biggest markets in the world(worth more than gold AND bitcoin combined)
2.) The only thing that impacts the price of any asset are buyers and sellers - through
a time deposit(locking tokens) potential sellers are being removed and new users are attracted through periods of boosted rewards(APYs) - perfect recipe for price growth
3.) It provides an extremely valuable service. 90% of people are in crypto for the money and financial freedom. The protocol creates new opportunity to create wealth and generate staking interests at the same time - A service that is in strong demand and what most people are looking for(but instead they are getting screwed on yield farms!).
4.) It's decentralized, it utilizes oracles, it works as a currency, it has it's own governance and consensus model, it creates a new and incentivized system for collaboration

It has all the fundamental qualities you would want in a cryptocurrency, and all of these things also happen to be the best for price appreciation. You can do the best possible thing and benefit the most at the same time.
https://macncheese.finance/