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Topic: Don't Invest On Coins Blindly (Read 490 times)

full member
Activity: 518
Merit: 100
November 22, 2018, 07:01:26 PM
#78
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach
I do agree with the idea. Investment is not a simple thing to make and profit will also be not in an instant. Investors should consider factors first before choosing or making an investment for them to be safe from disappointment and regrets particularly with profit loss. The market itself still is struggling right now. Despite of the potential of the projects, ICOs are still failing as well as the prices of crypto, so maybe, waiting for recovery ro come first will be agood decision.
jr. member
Activity: 182
Merit: 1
November 22, 2018, 06:56:32 PM
#77
you need to go deep and learn this coin as much as possible before you invest your money in it
member
Activity: 322
Merit: 40
“The Premier Digital Asset Management Ecosystem”
November 22, 2018, 06:54:03 PM
#76
In this bearish market situations we need to take lessons for us self with trading, because every step who we set is very important for the future of our portfolio.
sr. member
Activity: 1274
Merit: 263
November 22, 2018, 06:43:56 PM
#75
Every investing that you made is need a research. Because once you invest to a coin without doing research high chance to lose your money because you don't know if the coin that you purchased is potential coin or not. Invest wisely to earn money.
full member
Activity: 486
Merit: 100
November 22, 2018, 06:40:32 PM
#74
I don't think there is any investors are investing in cryptocurrency blindly anymore. Everyone already know that it's very risky when they invest in cryptocurrency without having any knowledge or experience about it. For now, before joining crypto market, almost traders and investors often learn a lot before spending their money in few cryptocurrencies.
member
Activity: 406
Merit: 10
November 22, 2018, 06:38:44 PM
#73
Newbies has to learn how to make research on a coin and what they have to look at. I was also not prepared for my first investment
and it was a lucky one and I thought crypto is so easy. Later on, I had to learn my lessons on a harder way. There are no shortcuts
in crypto.
jr. member
Activity: 294
Merit: 6
November 22, 2018, 12:05:17 PM
#72
This cannot be said often enough, one of the major reasons of people losing out big in the market is that they are investing blindly, they do not look at the coins that they are investing in to make sure that they are good before they start investing in the coins which is why when the market starts falling you see them panicking and selling off their coins
jr. member
Activity: 238
Merit: 1
November 21, 2018, 08:23:41 AM
#71
a good solution, so we don't get lost on the wrong road before investing but is there a reason why the market is currently bad, do you know what the cause is?
member
Activity: 294
Merit: 10
November 21, 2018, 07:57:25 AM
#70
I thought it is obvious to every crypto market participant. Nowadays, there is so much projects, that are trying to trick you and it is a must to check every detail of an ICO or you will be scammed. Spend 4-5 hours on the research and it would safe your money.
sr. member
Activity: 627
Merit: 250
The Pope Of Dope
November 21, 2018, 07:34:53 AM
#69
There are simply rules for newbies, actually invest blindly sound stupid and nobody do like that right now. That's one of the reason why a lot of ICO's failed, people just become smarter and invest only in good ICO's.
member
Activity: 378
Merit: 10
November 21, 2018, 07:12:02 AM
#68
It is a mandatory for each investor to investigate the project before taking part in it. I cannot believe that there are people left that are investing in every project without a great research. You will only lose your money and thats it.
member
Activity: 278
Merit: 13
Powered by Artificial Intelligence & Human Experts
November 21, 2018, 07:08:49 AM
#67
Of course we should do research on coins before investing, because any kind of investment is a risk. But lots of newcomers ignore it and just buy coins blindly.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
November 21, 2018, 06:38:01 AM
#66
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach

It is true, you must only invest if you have done a thorough review on a coin's whitepaper and have checked everything you have to check. Investing out of FOMO is really not a good idea since most crypto investors would do their best to market and pump the coin they are supporting.
member
Activity: 532
Merit: 41
https://emirex.com
November 21, 2018, 06:33:13 AM
#65
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach

i agree, i think almost all newbies experiencing this hypes which are around in the community elsewhere, so in the end, they get more losses rather than earning profits. For me, i consider, social media reach, because the more the community of their media channels, the more support they could get from the community.
legendary
Activity: 2954
Merit: 1153
November 21, 2018, 06:25:14 AM
#64
I think in investing we should check carefully for the community hype since this might be misleading.  I agree with the stated list of OP and among those is the hype thing that we should be very careful. Buying at the height of community hype might make us lose a lot of money.  So it is necessary to research a lot about the project and the price trend of that project.  This is to avoid buying at the peak price and buy at the most profitable price of the token or coins we are to invest in.
full member
Activity: 773
Merit: 100
November 21, 2018, 05:44:54 AM
#63
So many do, mostly newbies. See that there is hype near a certain coin and begin to buy it. You do not need to rely on the opinions of others, but you need to carry out your at least elementary research before investing.
jr. member
Activity: 96
Merit: 1
November 21, 2018, 05:16:58 AM
#62
With this dip lot of investors should be learn great lesson. We shouldn't invest on here for words for anyone else. When we getting lost there isn't anyone to even for make our minds. So best thing is doing own researches. Anything isn't easy for make money. don't do anything blindly.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
November 21, 2018, 05:16:27 AM
#61
I think you should add,  team member verification to the list and innovation behind the project. Nowadays its becoming more difficult to confirm the identity of project team members and this failure tells on the frequency of scams now
copper member
Activity: 226
Merit: 1
November 21, 2018, 05:13:23 AM
#60
Some new entrants in cryptocurrency trading do trade blindly on coins without doing their research on coins before investing, majority invest base on FUD or a pump group which are not realiable.
The following are some of the factors to consider before investing in coins base on long terms investment:
On-going Projects
Community Hype
Market sentiments
Future projects
Social media reach

All these are important points to note for newbies. Including the team make up. Who makes the core team and advisors. What is the experience and technical know how? And finally, does the project offer a minimum viable product. It is very important to project sustainability
jr. member
Activity: 510
Merit: 2
November 21, 2018, 05:03:32 AM
#59
Yes, I agreed with you, I could vivid remembered when I started crypto then I just invest in so many coins then without make proper investigation. Some of the coin I invested in then was just wasting of money  and I also make profit  from them also but I  properly take my time to make proper investigation  before I invest in any coin now.
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