Don't invest for quick gains only - page 7.

rendravolt

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Quote from: int03h on September 04, 2020, 04:14:47 AM

A market that grows too fast will also collapse quickly. I don't believe that anything happens forever. The DEFI market in recent days has shown signs of decline and there are many projects with nearly 100% discount, which are scam DEFI projects.
I think that's okay because people are FOMO and some bad guys are trying to profit from this lucrative market.

From the start I wasn't interested in the existence of a defi project. It feels strange because there are so many defi projects that pump up to a high price, people will immediately be hooked and will participate in enlivening because there are many benefits. But on the other hand there is a deep disadvantage if you don't pay attention.

luckyflop

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Quote from: ?? on ??

I joined DIA's bounty a while ago and I am happy that DIA is listing on many of the major exchanges right now, 2 of them is binance and kucoin. There are not many DeFi projects that hold bounties and in the short time they can list in various big markets. This is a good sign that the project is very good and has a clear roadmap and also have a good team.

You are really lucky to be able to participate in this campaign, the price has increased a lot and now they are continuously listed on major exchanges. Going forward the price of DIA will continue to increase and you will get more money from it

ufaiz50

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I totally agree with @OP's opinion and appreciate your information. Lately, the Defi project is often discussed because some of the advantages of the project are added to the benefits of increasing the market for the project because of the Pandemic. But that does not mean that all Defi projects are profitable, as @OP said that there are several projects on behalf of Defi but their concepts are different and project development is not decentral in nature.

swordking

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Quote from: Keeng Daveed on September 02, 2020, 07:13:01 PM

Just like the way most of us want to invest and cash out immediately lol. But then, if we you are in a big project and you see a glaring future about it, it's good to invest and let it grow, not only short and quick investment only.

Exactly, many people would get understand this after they cash out their investment and the project won't stop growing consistently and that's time they understand how much money they have been losing because of the impatient behavior they had shown towards the project's potential.

int03h

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A market that grows too fast will also collapse quickly. I don't believe that anything happens forever. The DEFI market in recent days has shown signs of decline and there are many projects with nearly 100% discount, which are scam DEFI projects.
I think that's okay because people are FOMO and some bad guys are trying to profit from this lucrative market.

bgaf

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Quote from: Keeng Daveed on September 02, 2020, 07:13:01 PM

Just like the way most of us want to invest and cash out immediately lol. But then, if we you are in a big project and you see a glaring future about it, it's good to invest and let it grow, not only short and quick investment only.

Actually there are some who got lucky investing on a good token or coin and suddenly earn a lot. Im not sure how to take it but some of the projects have potential but always make dyor when you do invest cause we all knew how volatile the market is. Not so many projects can be a good investment and sometime losing money can make us regret that we invest on these shitcoins.

Quick gain profits are inevitable same for the loss too.

SistaFista

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Indeed, not all DeFi projects are really good, some of them are just copy paste of other genuine DeFi project.
We know cryptocurrency is not a ponzi, therefore quick gain is not something we can find in cryptocurrency.
Better to invest in the project we really know, and takes our time to let the project grow.

Retainly_Collie

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I totally agree with your opinion, they are good Defi projects in this market and we can invest in them. I am interested in Oikos, which is the first Defi project in TRON network and they are still doing very well, the current price is only 0.05 $ and we can buy them and hold for a few months. Surely we will have a lot of profit from investing in it

kensaii

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I'm sure everyone knows why they choose to invest in DeFi projects as their state right now. Because they're looking for quick gain and I think it's okay as long as you know quite well what is really a DeFi project and what is not, take into account all the risk involved it.

djmixen

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Quote from: PerfectCircle on August 28, 2020, 04:12:00 AM

Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities, ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi
name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.

DIA

DIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink

https://diadata.org/

ORION PROTOCOL

Do you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator

https://www.orionprotocol.io/

COMPOUND

Compound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels.

https://compound.finance/governance/comp

CURVE FINANCE

Launched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies.

https://www.curve.fi/

These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there e.g Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you

You showed too much concern to the majority of the people here in the forum, But thanks anyway for this heads up dude.
This could give a big help to anyone who are planning to invest as you stated in the above. I am aware to some of this coin
and for what you said was really true and correct.

IvugeoEvolutionCoin

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Quote from: Keeng Daveed on September 02, 2020, 07:13:01 PM

Just like the way most of us want to invest and cash out immediately lol. But then, if we you are in a big project and you see a glaring future about it, it's good to invest and let it grow, not only short and quick investment only.

Few coins are cool for very long term investment, I agree with you. But there is nothing wrong with making quick gains on some trade setups, speaking from the angle of a price action trader. Sometimes I see highly profitable setups with good R:R ratio and swing trade them for short term purpose. This doesn't mean I don't keep some coins for very long term.

Pamadar

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Quote from: Ronaldcoin2017 on September 02, 2020, 03:32:54 PM

Quick gains are good but sometimes we cannot gain a big amount on it. Long term investment can make us gain a big amount of profit but it takes time and need a big patience. It is not easy to wait for a very long time if we dont have the confidence and trust on our investment so we need to sellect an investment that meet our qualification.

It's not easy especially if you keep monitoring the movements.

Most of the time you'll be able be moved by the situations and most of the time you failed to overpower your emotions,
resulting to wrong judgement and loses your investments, while with short term investment regrets are present once
the value keeps on climbing up.

Keeng Daveed

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Just like the way most of us want to invest and cash out immediately lol. But then, if we you are in a big project and you see a glaring future about it, it's good to invest and let it grow, not only short and quick investment only.

Danslip

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Quote from: Romeotom on August 30, 2020, 02:04:17 PM

It is impossible to gain quickly in this crypto market. In op list of dia coins i am trading every day on biki exchange and i am living on very little profit. By myself i never come to gain quickly because small profits make me approachable and i enjoy trading later. we should not invest in any dead token for quick gain because then the real money runs out later.

l do agree with your opinion on that, l think also that it seems not possible to gain so quickly as expected in this world. But no doubt if you can be enough patient you can make good money from this world from time to time. Most people think that it is so easy to gain from this world, but the reality is so different. We must make a good decision about our investment.

Ronaldcoin2017

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Quick gains are good but sometimes we cannot gain a big amount on it. Long term investment can make us gain a big amount of profit but it takes time and need a big patience. It is not easy to wait for a very long time if we dont have the confidence and trust on our investment so we need to sellect an investment that meet our qualification.

Silberman

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Quote from: john_nautica on August 30, 2020, 08:58:37 AM

That is true. Newbies are very courageous when it comes to joining in new projects and trends. They are driven with their desires of gaining profits that is why they are willing to take that risk. After all, even if they lose profit, they will gain lessons at least.

While it is true that you can learn an important lesson even when you lose, the value of those lessons is what it is important, if the only thing a newbie learns from investing in a scam project is to do their due diligence that is without a doubt a valuable lesson but that lesson could have also be learned by reading a cheap book about investing, saving you time, money, emotional turmoil and all kind of future trouble, so while the lesson will be valuable at the same time the cost you paid for it is simply too big in my opinion.

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Quote from: Gotumoot on August 31, 2020, 02:13:22 AM

Well reality sucks! Most of the new investors are just investing for quick gains or easy profit this is why they are being a victim of so many shit projects or scam projects.
They are just investing in anything that is hype right now and what is popular they don't even spend time to check on the projects.

Too bad, we can't do anything for them.
Their fear is caused by their own laziness in the end.
Just when they see new trends, they think the previous ones are all scams and the newer ones are legitimate. Just take it for example on how much Defi projects are popping up right now after IEOs.

This isn't the thinking with most of the cryptocurrency users. If I'm not wrong, every user who are into cryptocurrency try to make an earning out of each and everything associated with cryptocurrencies. This way almost everyone could've experimented ICO, IEO and DEFI projects.

Legitimacy lies with the project, what we see with ICO, IEO and DEFI were new forms of reaching the investors. Quick gains out of cryptocurrency investment is possible, but to attain the same one needs to know how to choose the right asset for investment.

Rikotin

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we don't know which new project will have the potential mentioned. however, lucky enough for those who have taken part in projects like DIA, and the projects mentioned. this, can be followed because of in-depth research, and also selective in choosing projects.

TopT3ns

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Quote from: H1N1 on September 01, 2020, 10:58:17 PM

Well, who doesn't like quick profit gain ? I think some people interested in cryptocurrency because of that.
Soon they will realize crypto is not a quick profit gaining scheme like ponzi or gambling.
Cryptocurrency is same as other investment, needs some time for the project to grow as well.

unfortunately cryptocurrency has different ways of doing and how to get a profit, if you want to make a profit with a system like futures then when you guess wrongly your assets will disappear instantly, but when you apply traditional trading with a buy and sell system until it is sold it will be safe and will not losers.

piebeyb

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thank you for the information you made in this thread, maybe it helps a little for beginner friends here.
Who is not happy with quick profits, that is people are sometimes too greedy to make quick decisions without having to read and research the project they want to invest in, when the price suddenly drops they blame the cryptocurrency it's all a scam and bitcoin a scam, so stupid they say that

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