I will never go on about the hype created for a crowd of people. Everyone knows that a stupid crowd beaters always lead to the slaughter or at least to the haircut.
That is why I myself have never been on the hype and do not advise anyone to do so.
Topic: Don't follow the hype - page 2. (Read 14514 times)
Following the hype in the crypto world can be your loss or gain the crypto world. For example, I followed the hype concerning storiqa and I made profit.
But recently I followed the hype concerning three trading tokens but I ended up bearing the loss for two. I am currently holding the other one hopefully I see profit in the nearest future.
But recently I followed the hype concerning three trading tokens but I ended up bearing the loss for two. I am currently holding the other one hopefully I see profit in the nearest future.
Most project make a lot of noise only to dupe others. In fact real project does not speak much and with such projects you could see how promising the future will be if you're to invest in such a coin.
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.
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.
You've got some good points on this post. Most people follow paid reviews especially from influencers or ICO rating platforms without doing their own due diligence and most times get burnt at the end. Before Investing in any coin, one has to do thorough research, not just sentiments. Access the team, product especially, check the token economics too. These things are necessary, do not neglect them. I'm not saying it's bad for a project to have good hype, but it shouldn't be a yardstick to ascertain the quality of the project.
This is something I see a lot, investors instead of taking their time to do their due diligence in a coin take advice from ico review sites, even if it has been known for a very long time that those sites accept payments from icos to give favorable reviews to coins which do not deserve it, which makes their sites useless since it is impossible to accomplish their purpose anymore by accepting those bribes, so if any investor is unwilling to do their due diligence they should avoid investing in any market because eventually they will lose everything they have. 
Most of the time those who apply Hype system, they have no good intention to help the community to get profit.
They only aim was to get the money form the investors, and those victim usually are the community who become greed
and desiring to get profit quickly which in the end, their capital will be gone and melt. So for us to get profit, we must depend in the actual
happening in the platform. Let us be wise always before we buy coins in the exchange or in the project campaign.
They only aim was to get the money form the investors, and those victim usually are the community who become greed
and desiring to get profit quickly which in the end, their capital will be gone and melt. So for us to get profit, we must depend in the actual
happening in the platform. Let us be wise always before we buy coins in the exchange or in the project campaign.
Most of the investors are quite good in researching and digging some useful knowledge in order for them to decide what projects to invest on.
These type of investors are professionals or an experienced one, what we need to worry are those newbie who don't have an experienced yet as they will surely be one of the victim in this kind of tactics (hype).
Though hype is part of marketing strategy in any projects but you need to distinguish also the right one to follow and right one to avoid.
These type of investors are professionals or an experienced one, what we need to worry are those newbie who don't have an experienced yet as they will surely be one of the victim in this kind of tactics (hype).
Though hype is part of marketing strategy in any projects but you need to distinguish also the right one to follow and right one to avoid.
Following HYIPs have dealt not small blow to investors as they will be expecting to win big, team will collect huge fund but still won't deliver on promise which has been a major setback for cryptocurrency community. Just look at Saveroid that collected much fund, but it's currently worthless, smae thing with Ubex and some others.
If you following the hype, you should be able to afford the lose of your money.
Because it is very risky, you will not gain anything if the hype is over after you just buy the coin.
yes right, it's a risky affection, there's a big risk that allows losses, even losing our money. there is a very big hoax in the market hype, and if we can overcome maybe the big benefits we can get. Because it is very risky, you will not gain anything if the hype is over after you just buy the coin.
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.
If you following the hype, you should be able to afford the lose of your money.
Because it is very risky, you will not gain anything if the hype is over after you just buy the coin.
if it is for the alts then it is not advisable to go for the hype because it will really fails you most of the time, if you were investing to alts it is better to follow the hype of selling and not hype of buying, but if it is for bitcoin it is good if you follow the hype of buying specially when the run is out there.
I think this is a very good warning for all of us,and I am become very carefulI with that kind of project ...
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.
This is what most people often do. They just reading some articles but not researching thoroughly. They just go with the flow. Hype is a big trap for your money. I think they'll learn from their experiences. They need to caught up by fomo and then eventually realizes that following those hype can burn their money. Hype doesn't mean anything. You can't be successful just referring on hypes. Be careful.
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.
Research has always been the best form of making it in this space, most people feel very lazy to carry out researches but they are quick to follow the crowd and at the end of the day they get burnt and start feeling cryptocurrency is a bad investment
From the beginning of joining the crypto currency, I wasn't interested in following the hype. I think that following the hype there is no benefit. I wish I was more certain than hoping for the hype. Although this hype made a lot of money but I was not satisfied with following this hype. Yeah it's true that this crypto currency won't go anywhere. Crypto currencies will last as long as we still love crypto currencies. We must be more intelligent as crypto currency players. We have to be smart in analyzing crypto currencies. We cannot rely on news and information whose source is unclear.
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.
I screw up bigtime on savedroid,joined both bounty and ICO and in the end yeah i got some money some FEW pennies compared to what I invested on ICO and time i spent promoting it with my signature im very disappointed,hype never means success 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 believe the most effective way to not fomo was to experience the effect of that thing first, so you must personally trying to fomo first, after that you will learn it's now wise to just follow your emotion based on fomo, or not.
You will have dump price after the hype over because it is not a natural growth.
I guess it is better to ignore the hype if you know it late because to gain profit from hype, you will need to follow the hype from the start.
Following from the start is the only good way to get a profit from hype, otherwise you can even lose your money on it. I also think that hype should be ignored. I find such projects too risky to invest. I guess it is better to ignore the hype if you know it late because to gain profit from hype, you will need to follow the hype from the start.
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