Topic: Don't follow the hype (Read 14581 times)
I advise you to take part in bounty campaigns, then you can better learn and explore the coin. If you understand that cryptocurrency is really promising, you will be able to invest in this project. Ratings are sold, advertising is done for money, only you yourself are able to do quality research.
This is very correct following the hype may mislead one into jumping into investing in a project without a long term potential and at that leading to long time lose of asset, I have never been a fan of any hyped project because I always believe hype to.be manipulation.
Bitcoin is also hyped sometimes, when there is a good news, people speculate and that would result to some having some bullish prediction. As a trader, you can also ride with the hype, but you know it will go down again as it's not normal, so you also need to sell at the right timing.
Bad only if you got hyped, bought and hold while watching the price continues to fall after the hype is over.
This is very correct following the hype may mislead one into jumping into investing in a project without a long term potential and at that leading to long time lose of asset, I have never been a fan of any hyped project because I always believe hype to.be manipulation.
Quite right, every investor should fully study every project in which he wants to invest, because there are still too many scammers left and therefore you need to protect yourself until governments will start to regulate cryptocurrency.
well,, maybe you are right, but, most of people will follow the hype, because in almost people hype will make something good for the, not wrong but beside follow the hype, just do research about it.
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
I'm not sure that the Electroneum is hype, at least the idea looks attractive to them.
It's not about the idea. The point is that the majority of companies promise too much and advertise themselves too much through bribing experts. Do not always make a profit. The fact is that there are small projects that quickly come to success on their own and even without ICO.
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Well sometimes hype can be useful especially when doing day trading.You just gotta join the ride since when many join this hype the price sometimes really go up but not for long, its just that you need to get out and sell right away and with perfect timing to profit and not loss. Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
youre right buddy, never follow hype again, personally im dissapointed with several project whos got hype on the past.
Hype is normal in the market, but to get hype all the time is not normal. You know when to enter and to get out, that's why successful traders do, when there is a hype, price is overvalued, when there is a FUD, it's the opposite.
Newbies tend to make mistakes, but hopefully they'll mature with their experience as we know already that market manipulation makes a pump and dump, and therefore don't get caught in between.
I will say only that when the hupe to invest in some coin began, it is usually too late to invest in it. It is best to invest in coins, for which only the beginning of the hupe is planned. However, such coins are hard to find and you need to constantly read the news.
therefore we really have to be serious in investing if we want profit.we must always update the latest news and also always analyze market movements so that we will not be late in taking the opportunity.
and if we can't do that we have to invest long-term.
youre right buddy, never follow hype again, personally im dissapointed with several project whos got hype on the past.
Following the hype poses much risk because there is the likelihood to buy the peak. However, if it is done well, it may result in huge profit. This means that it must be meticulously done if an investor decides to follow signal groups which give the hype. Always be among the first who buy right after the signal is set and be ready to sell at the least pump. Never be too greedy because such signals do not last for long when the pumps are created.
Hype sometimes involves emotion and does include regrets after. We should know to research what cause the hype so you'll be able to know whether it's good to buy or wait if it continues to earn bigger in selling l.
It is paramount for every investor to investigate a project before investing. Many scammer are out there looking for who to scam with some unrealizable project ideas. Even Bounty hunters should do likewise so that their efforts will not be in vain.
Following the hype poses much risk because there is the likelihood to buy the peak. However, if it is done well, it may result in huge profit. This means that it must be meticulously done if an investor decides to follow signal groups which give the hype. Always be among the first who buy right after the signal is set and be ready to sell at the least pump. Never be too greedy because such signals do not last for long when the pumps are created.
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
I am remember savedroid hype, when every body in crypto community talking about this project and ended with scam Prank from their CEO. Its really sad to see the project like this, reach a lot money and the price on market not reflecting hype at ICO
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
I've noticed that koreans are quite frugal about these things. They wait for the projects to get into an exchange first before doing their DYOR and investing. I'm quite the opposite though. I invest in science, not fiction. I check for new projects and immediately check the team and its plans and see if its practical. Hodl if needed. I only invest what I can afford to lose anyway. Even if that's the case, I know its going to give something back since its an investment for the future.
If you are following the hype without knowing the root cause of it, then you will lose your money without a doubt.
This is true in some cases. If you get the right timing of when to enter and exit the hype, you will get a lot of profit. But if not, you will lose your money. Hype is more of a short-term strategy of gaining profit. Because most of them are crappy projects.
that's a bad example, unfortunately you only give a bad example, don't give an example when you get a lot of profits when you try to follow the hype, I'm sure you've succeeded by implementing that strategy because if you do it with the right coins then you will definitely get lots of profits but if not, then I don't think the strategy is wrong but the coins you choose are wrong
This is true in some cases. If you get the right timing of when to enter and exit the hype, you will get a lot of profit. But if not, you will lose your money. Hype is more of a short-term strategy of gaining profit. Because most of them are crappy projects.
that's a bad example, unfortunately you only give a bad example, don't give an example when you get a lot of profits when you try to follow the hype, I'm sure you've succeeded by implementing that strategy because if you do it with the right coins then you will definitely get lots of profits but if not, then I don't think the strategy is wrong but the coins you choose are wrong
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
That's true in fact I stop following Mcafee and never used Icobench or similar rating sites, I do my own research by first checking if it is listed in the scam section, then I check their platform if it is a duplicate one and of course the most important thing who are the people behind the project.
So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested.
This is really the good thing to do besides it is your money to invest and you should be very careful on investing on a certain project. Some projects can really deceitful and will do some promises. I guess you look for something that offers "SMART" projects.Specific
Measurable w/Measurement
Achievable
Relevant
Time-Oriented
This is a very big problem of people in this market. Most of then follow the hype and most of the time the result is not good for follow the hype. And this problem is greater in the new people who come to this space. They came here and thought that this market is made by only profit and what ever they invest that will make him millionaire. But for the lack of knowledge they are into hype and most of them are fake or pump game. So they end up in a very bad situation and leave the market. So my opinion is you can follow the hype but if you have the right idea about it. But if you don't know about this market then don't go for the hype.
It takes knowledge, patience, focus, and commitment when you join the market. The world of cryptocurrency is broad, it can be quite complex but with the interest to learn then we will be able to acquire knowledge and experience that can be very applicable in dealing with its volatile nature. Hype can ignite our excitement but don't be too dependent on it. It's better that we do our own part to do research, learn, and embrace its nature, so we can have a thorough grasp of its trend and be able to decide creatively. Jump to: