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Topic: Don't follow the hype - page 10. (Read 14581 times)

jr. member
Activity: 266
Merit: 1
CurioInvest [IEO Live]
May 01, 2019, 02:34:08 PM
#41
Before I start participating in a project, I try to understand its future prospects very well.
If it makes sense to participate in it and I can make a profit, I become participants.
Definitely with the experience gained, choosing the right project will be all the easier.
full member
Activity: 486
Merit: 100
May 01, 2019, 02:31:47 PM
#40
I believe that everything is in your hands.  And any failure or mistake is another life lesson in cryptocurrency.  So with each lesson you will be more and more not need to be afraid to make a mistake.
full member
Activity: 546
Merit: 100
May 01, 2019, 02:26:21 PM
#39
Follow your heart in choosing, selling and even buying a coin, don't be easily influenced by anything that can make you turn directions because I think following your heart is one of the things that makes you feel satisfied in investing.
jr. member
Activity: 392
Merit: 2
May 01, 2019, 02:24:21 PM
#38
In the cryptocurrency market, there are now a very large number of deceptive projects that can lead to zero investment.
Now it is very important to carefully study the project before taking part in it, to learn as much as possible about the developers.
This will help you avoid failure.
jr. member
Activity: 113
Merit: 2
May 01, 2019, 02:21:46 PM
#37
There's saying that "High risk, high return". Regarding trading, when people get hyped about a coin, its price can increase quickly. If one can choose the right time to buy and don't be greedy, he can get a quick profit easily. Also, crowd's hype on IEO trend recently has brought a lot of people a profit of 2x, 3x or even 7x.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
May 01, 2019, 02:09:34 PM
#36
Ah, in other words, DYOR or "Do Your Own Research." Most crypto people on Twitter hype a coin because of financial consideration." They maybe holding a lot of coins or they are paid to shill. In any case, there is always a deliberate purpose on why they sent out a tweet. If, no then Twitter is a waste of time.
sr. member
Activity: 882
Merit: 250
May 01, 2019, 02:08:44 PM
#35
I am really be chagrined the hype, by depositing some cryptocurrency or usd and per day can get 10% or more, such hype only lasts a few days, finally only fraud.

It is human nature. We also follow the hype, we join the advertised projects, and sincerely believe that if we do it, the rich and wealthy life will come. It is not easy not to pay attention to this stuff.
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
May 01, 2019, 02:07:34 PM
#34
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.

The biggest problem in crypto is projects doesn't deliver. They are giving empty promises, taking lots of money and when it is time to deliver, nothing.
sr. member
Activity: 924
Merit: 260
May 01, 2019, 01:59:44 PM
#33
well,, maybe you are right,
but, most of people will follow the hype, because they think by ivesting in crypto with huge hype, they can make a profit in short period time my friend

Following the hype is a bad way to invest in cryptocurrencies or other form of investments. We should understand that cryptocurrencies market is all about hype and that is the major reason some of us advocate that we should invest the money we can afford to lose. 
member
Activity: 658
Merit: 13
May 01, 2019, 01:43:46 PM
#32
that's my invest rules Smiley
I will never join project who hype because it's killing my money Grin
Savedroid is one of them
yes you're right, following the hype will only make you fail. there have been many incidents like this in the past, so it's all a reminder. Don't believe in the hype, you have to verify before making your choice. it's up to what people say, if you think it's bad don't follow it.
copper member
Activity: 364
Merit: 0
May 01, 2019, 01:40:18 PM
#31
I really agree with this topic of discussion,so many project are being hype so that investor can put in their money giving so many promises and at end they can't even deliver,it's really a point to take note before investing, research is really required.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
May 01, 2019, 01:35:18 PM
#30
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.
Yah, you can that again about the bolded. The coins performed abysmally, way beyond expectations. Now taking about not believing in hypes, I think that isn't entirely correct. Bitcoin got that much publicity it did in 2017 because of hype. A lot of people invested in 2017 without even knowing what Bitcoin was. The hype got their interest.
sr. member
Activity: 800
Merit: 250
May 01, 2019, 01:27:56 PM
#29
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.

For quick profits, I suggest you follow the hype right away because that where the x20,  x50, x100 lies. But for a long term investment, them more of product evaluation should be done to make a better decision
hero member
Activity: 1358
Merit: 509
May 01, 2019, 01:25:43 PM
#28
I never follow the HYPE and there is no chance to be part of the successful traders who made this HYPE. Only newbie traders believe in these stories and they fail for this reason.
legendary
Activity: 1484
Merit: 1004
May 01, 2019, 01:24:23 PM
#27
One's peace must be built very well when the hype is happening by not making a rushed purchase at any price, indeed the market is very difficult to predict but it's good to know the hype of what happened to make the market pump fast, but everyone is very difficult to be shaped like that and moreover they have their own formulas in dealing with such markets, only suggesting as much as possible to remain calm without being in a hurry to make a decision.
member
Activity: 623
Merit: 11
Proof-of-Stake Blockchain Network
May 01, 2019, 01:02:21 PM
#26
Smart people understand that the hype is sometimes created specifically to draw attention to the product. When people see that the coin has many buyers, they stop thinking and run to buy this coin at any price. However, if they thought and studied the project, they would understand that there are no prospects in it.
This is how the naive investors are usually deceived.
full member
Activity: 714
Merit: 101
May 01, 2019, 12:59:46 PM
#25
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.

Fuss never leads to anything good. Money loves silence. Therefore, all projects where you can earn at the stage of cheap prices are good for investing - you will never hear about them in the press.
member
Activity: 280
Merit: 10
May 01, 2019, 12:02:26 PM
#24
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 said and very straight forward for the ear that cares to listen. Many projects without focus are being hyped and many fall victim to this. Research is the best way and also following one's heart.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
May 01, 2019, 11:46:08 AM
#23
That's the importance of having enough knowledge about trading and investing upon entering the crypto world.
Most of the traders nowadays invest based on what they see and what they hear in trend but that I think is a wrong move.
We should have our own disposition because sometimes, the hype is also deceiving.
sr. member
Activity: 1274
Merit: 267
May 01, 2019, 11:30:20 AM
#22
Those projects I think has failed. It's not they are scam, but because they are bankrupt. Yeah, they are very good at marketing and the idea was not really bad and that is why so many people invested on those project. So what's wrong? They are probably not able to manage their funds properly and the funds they have has lost in the bear market and are not able to continue the development. They might have a good marketing manager but, they are simply don't have a good budget / financial manager.
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