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.
Topic: Don't invest for quick gains only - page 8. (Read 2705 times)
Honestly speaking many investors are only investing for quick gains, most don't plan to hold for years or care much about the project use case, if you are in for long time you can worry about future development and survival of the project but for short term it's better to make your gains and exit.
Well, of course you have to check the "only" word in there. Do not invest for quick gains "only" but do look out for them as well. This way you would be capable of actually profiting quickly if you are right and if you are wrong you would profit in the long term, get ready for both of them and try to make a profit both ways as well.
It is really not a simple thing to actually find something you can buy that would help you for quick gains but also long term gains all at the same time but they do exist. For example, ethereum right now could go above 400 dollars very quickly, it may not but it also may, so you can buy ethereum for quick gains, but also for the long term it could go way above 500 dollars as well if it goes up during the staking process as well so you would make a profit in the long term too.
It is really not a simple thing to actually find something you can buy that would help you for quick gains but also long term gains all at the same time but they do exist. For example, ethereum right now could go above 400 dollars very quickly, it may not but it also may, so you can buy ethereum for quick gains, but also for the long term it could go way above 500 dollars as well if it goes up during the staking process as well so you would make a profit in the long term too.
Actually the reasons why many investors are getting scammed because they are deceiving by the false advertisement which is quick gains or short term profit, they are so greedy wherein they want to earn big amount of money in just short period of time. In reality, finding those investment are really hard and most of the investment that are telling you to double your money easily are probably scam investment. I do not make investment in defi projects because for me it is just a hype, I do not lose most of my money because of its high risk investment. It is still better for me if I will buy altcoins and day trade it because I have more control on it unlike in defi the probability is 50-50 because you cannot know if the project will become successful. I think it is better if you will allocate most of your time in improving what you know in order for you to find potential projects or altcoins, many innocent investors are always getting deceived because of the little knowledge that they know but if they will start improving what they know and their skills, for sure that can prevent scammers and able to make gains in the market.
You talking about long term investment plan? Yes it's good to do research on the project use case to be sure of their long term survival but presently every investors prefer to ride the wave of DeFi success today, investors don't plan to hold DeFi tokens for long but only to make gains out of them
There are many ICO projects that bring huge gains to investors in 2017 and today they are dead, it shouldn't matter where your profit will come from but just trend carefully and invest only what you can afford to lose, I believe this is the best strategy lately
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.
Unfortunately you're right there are many investors that the only concern is the potential profit if they invest on the particular project. Thats the reality now and we cant stop anyone unless if they already experience to become a victim of scam. Thats how it goes you'll only realize your mistakes once you experience losing your money. 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.
Well whether we like it or not DeFi is taking over and just like 2017 many will invest to make insane profits, either from good or bad DeFi projects investors don't really care much, my advice this to pull out when you reach your target and don't get too greedy
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.
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.
these are wonderful projects, mpamibo for your work and the fact that you stand out with useful information. But I think that it will be possible to test these projects after drilling them through the time and the bearish phase of the market
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.
It is not favorable to gain quickly. If you toil deliberately in any entity, you will get windfalls. The timeliest task spurs stampede. So you should work carefully.
Everyone wants to get profits quickly because indeed everyone certainly has their own analysis in choosing a project for investment, but we also have to remain vigilant in choosing a project because many fraud projects offer a lot of conveniences in their investment such as fast profits, and big profits, of course We must first investigate the investment project because many of the fraudulent projects provide hope beyond our current logic.
Note : don't be tempted by quick profits and big profits without proper analysis if you don't want to get big losses ....!
Note : don't be tempted by quick profits and big profits without proper analysis if you don't want to get big losses ....!
Quick gain has lead many people to scammer, because they want to grow their profit over night. Defi exchange Many investors has lost their coins on this exchange, due to quick gain and never wait to study how the profit work.
Scammers are also making quick buck with the DeFi hype going on around the social media and also amongst the investors which is making new millionaires on a daily basis because of the price pumps of the new tokens that were previously being sold for pennies and now for hundreds of dollars.The developers are also rushing the project launch and trying to include the DeFi name in the project so as to capitalise on the hype and increase their earning potential by utilising this great opportunity.
Although projects like YAM has proven some negative side of this innovation, but that doesn't mean there are no good defi projects around the community. Those mentioned above are good defi projects but we have to wait for the true color of their platforms after two to three years to come. Am still thinking about defi projects as scam projects which won't take long to discover by investors. Advise: investors should be more careful with the current trends with defi.
Quick gain has lead many people to scammer, because they want to grow their profit over night. Defi exchange Many investors has lost their coins on this exchange, due to quick gain and never wait to study how the profit work.
We are the first we know the trend.
This is not a trend but a hype, which, unfortunately, will cause damage to the reputation of Decentralized Finance. And after the disappointments, there will be a new outflow from the crypto industry, as it was after the hype and the collapse of someone's hopes in early 2018
Maybe Defi is trending this year, because the defi project is a project that mingles with finance. But we need to know, scammers can certainly take advantage of situations like this, by creating fake projects that can trick people into luring investors to get involved, therefore we need to analyze every project that looks promising or not at all, because this way can be done to avoid scammers
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
Thank you for the informative message. I can relate to your statement, once I invested in HYIP and yes I have earned but when I compute all my investments, it turned out that I have lose more money than I earned. So better observed and seek for any information regarding the project you plan to invest in. 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
The points raised here is why many lose in the cryptocurrencies investments. Greed and searching for quick gains mostly by the newbies. Utilities any token satisfies will definitely be the fuel upon which its success is driven.
I think this point talk about project the appendage defi to attract investors join him , with his boomingh defi current in use deceitful to make project false or taking just own profit by using effect defi and greed hunters wealth instant Jump to: