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Topic: Dumb plan? (Read 737 times)

sr. member
Activity: 2436
Merit: 343
June 13, 2022, 06:37:22 PM

No one can avoid bear market, even those enterprises who bought bitcoin suffer as well. New projects owners and developers needed to plan everything because as what I can see most of the projects die during this period. If anyone want to buy new token he should research the project very thoroughly, not only the marketing plan we should check but also their strategic plan for these things.
Research should be done in the first place whether it was new or old projects. It was better if we know the project we planned to invest in as for sure investing in a thing blindly will cause losses in the end.
In regards to what OP is saying " a dump plan"? That only exists in investing in scam projects. We can't general new projects are totally useless, however, it was been known to us that many of them are scammy. Thus, if we are not too careful when choosing them, we fall into the wrong investments.
hero member
Activity: 2170
Merit: 530
June 13, 2022, 05:35:45 PM
we as traders and investors should be able to have a strategy when the market is in a dump,
but 90% of people definitely won't be able to avoid it, even though that person is an expert,
we are already in bear season, so my own plan is to sell assets,
and waiting for Bitcoin prices to return to normal then buying back is the right choice

No one can avoid bear market, even those enterprises who bought bitcoin suffer as well. New projects owners and developers needed to plan everything because as what I can see most of the projects die during this period. If anyone want to buy new token he should research the project very thoroughly, not only the marketing plan we should check but also their strategic plan for these things.
member
Activity: 630
Merit: 10
June 13, 2022, 11:52:55 AM
we as traders and investors should be able to have a strategy when the market is in a dump,
but 90% of people definitely won't be able to avoid it, even though that person is an expert,
we are already in bear season, so my own plan is to sell assets,
and waiting for Bitcoin prices to return to normal then buying back is the right choice
hero member
Activity: 1820
Merit: 537
June 13, 2022, 11:46:36 AM
The cycle comes from bitcoin halving period, about 4 years cycle, which show us that it always affecting other altcoins price in the market.
So, it is an opportunity to accumulate some top altcoins once the cycle hit the bottom.
We should take our attention to the period of the cycle, and watch them very close now because it seems like the bottom of the cycle is near.

Bitcoin halving has a huge impact on other altcoins. If we're having confusion, we should look at the history of Bitcoin to see how it worked and moved in the previous years. The dump is always part of the cycle. The market couldn't always stay on top because if that happens, we will not able to accumulate potential coins. It's actually the time of filling our baskets.
full member
Activity: 1946
Merit: 112
June 13, 2022, 11:44:00 AM
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?

For me personally, new crypto projects, if they are really good, are really a great opportunity to participate and invest in them. What happened in the crypto market earlier and what will happen in the future can be very different, and therefore it is very important to keep in the investment portfolio not only old proven altcoins, but also pay attention to new ones, since everything new is a process of development and success. Well, what will happen in reality, I'm sure we'll see with our own eyes in the coming years.
sr. member
Activity: 1890
Merit: 252
The OGz Club
June 13, 2022, 11:00:14 AM
The cycle comes from bitcoin halving period, about 4 years cycle, which show us that it always affecting other altcoins price in the market.
So, it is an opportunity to accumulating some top altcoins once the cycle hit the bottom.
We should take our attention to the period of the cycle, watch them very close now because it seems like the bottom of the cycle is near.
Indeed this is the right time and we should take advantage of it to buy some potential coins,
besides that the price of Bitcoin is now back down to $23k and I think this makes the price of altcoins also experience the same thing,
What is clear is that we must take full advantage of opportunities like this to make a profit
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
June 13, 2022, 08:09:14 AM
The cycle comes from bitcoin halving period, about 4 years cycle, which show us that it always affecting other altcoins price in the market.
So, it is an opportunity to accumulating some top altcoins once the cycle hit the bottom.
We should take our attention to the period of the cycle, watch them very close now because it seems like the bottom of the cycle is near.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 08:05:46 AM
#99
Investing in a new projects isn't a bad idea, but it will be bad to invest in a project without conducting your own research and investing only the sum you can easily afford to lose.
What you say is true, but the merits of a project are also not determined in a research, because a project that is already running well can be damaged in the end like in Luna's example and vice versa in several other examples where the project is indeed true - truly dedicated to the long term will always survive in all conditions for the sake of advancing their products, an example is BNB.
newbie
Activity: 2
Merit: 0
June 12, 2022, 04:31:04 AM
#98
i think btc will down more and ore till reach  5k
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
June 12, 2022, 03:15:02 AM
#97
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
Most of the new projects these days after they are successfully launched and get good prices then their project developers will immediately sell all the coins they have in large quantities and eventually cause the price of the coins to drop so deep that investors have to suffer losses, so it is not recommended to to invest in a new project if you don't want to suffer losses except with a new project that has a trustworthy development team.
member
Activity: 573
Merit: 30
June 12, 2022, 01:27:51 AM
#96
Investing in a new projects isn't a bad idea, but it will be bad to invest in a project without conducting your own research and investing only the sum you can easily afford to lose.
full member
Activity: 529
Merit: 101
June 12, 2022, 12:39:43 AM
#95
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?

In my opinion if we are currently investing in projects, it is possible and not all of them fail because I can also see that recently there have been many projects that have good potential and have been successful until they are finished.
And now there are also many new projects that are paid directly in USDT or in the form of Bitcoin, so many of them are pursuing such projects because they will receive tangible results every week.
legendary
Activity: 3752
Merit: 1415
June 11, 2022, 10:37:29 PM
#94
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?

In crypto ypu can't say well that happened before so it will happen again.  As a matter of fact most markets you can't.  The only thing you can say that happens in each bear market is that tons of coins go to the graveyard and never come back.  So if ypu want to risk losing your entire position then fine but the upside is so limited right now.  Why would you risk it? 
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
June 11, 2022, 10:32:12 PM
#93
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?

It's not that it's a bad idea, but honestly, the question can arise that for a currency or project that is chosen at the moment it can give profits, and the truth is that I would not lose hope because now the metaverse will be given in a great way, many people are Waiting for them to finish buying all the land in the metaverse and I think that the altcoins, the NFTs could revive, I even think that it could happen that even ICO projects can happen without any problem, of course as it is a metaverse you have to read very well all the T&C there, each project can be governed by its rules.
full member
Activity: 1442
Merit: 108
June 09, 2022, 06:49:55 PM
#92
right, I joined crypto since 2017 and currently I see a lot of new altcoins that are in the top 20 of cmc. This shows that competition in the crypto market is very tight and in the next few years it is very possible that there will be new residents in the top 20 of CMC and shift the position of alcoins which are currently ranked in the top 20 of CMC. I think only Ethereum will remain in the position as the king of altcoins because so far I don't see any other altcoin worthy of replacing Ethereum.
hero member
Activity: 2828
Merit: 518
June 09, 2022, 06:47:52 PM
#91
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Bad idea for newbies into general investment and they should be reminded over and over that because it is cheap does not mean that it is going to yield them higher returns. It's a common and obvious trap for those who are still doing their initial investments into crypto.
They might back away without even getting to know in-depth crypto stuffs.
I have had that experience before, I thought I could be earning more profit by buying cheap coins but somehow, what I've got is just losses and market desperation.

It was really a wrong decision choosing to buy shitcoins, we can expect such returns but instead, it was just losses. It is something we need to think about which project we have to invest with as not all coins available in the market are worth it. This is to imply how important to do the search and look for the potentiality of the project in order to have some assurance.
sr. member
Activity: 1610
Merit: 264
June 09, 2022, 04:56:05 PM
#90
~
Bad idea for newbies into general investment and they should be reminded over and over that because it is cheap does not mean that it is going to yield them higher returns. It's a common and obvious trap for those who are still doing their initial investments into crypto.
They might back away without even getting to know in-depth crypto stuffs.
member
Activity: 423
Merit: 11
June 09, 2022, 03:43:55 PM
#89
It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?

Investing in a new project is not a bad idea, but what makes us fall is investing in the wrong project. We need to choose projects that have long-term targets, so that there will be success in the results of the investments we make. For example, projects that develop blockchain systems, gaming, dex or swap, exchanges. Don't let us invest in projects that only rely on the appearance of the website with a few whitepapers, then we invest and hold on for the long term. It's a waste of time.
legendary
Activity: 2534
Merit: 1338
June 09, 2022, 03:37:04 PM
#88
My opinion only here. There will be a bull market. But not until the US government and its leadership decide to pull their head out of their a** and turn this recession around. But right now, crypto is kind of a novelty and there will be a bust and people will lose a lot of money. What will emerge out of that will be a currency that is more mature and will become part of daily life. And we will not see these really crazy highs and lows it will stabilize out.
I honestly think that the economy is in a state in which it cannot be fixed anymore, I do not expect a collapse to immediately happen but I do expect the economic conditions will keep worsening and for the governments of the world to try to implement policies to fix it, however the policies will be misguided at best and completely wrong at worst, so we need find a refuge which will allow us to survive the crisis that is coming, and I think bitcoin is a great option so we can protect ourselves from the economic crisis we will get to see soon.
hero member
Activity: 2156
Merit: 685
June 07, 2022, 11:30:06 AM
#87
In crypto-currencies, planning according to the past is actually good, but history does not always show the same results. Therefore, it would be beneficial for you to examine and research new projects in this space. Blockchain networks, layer 2 projects, many developments are in the existing ecosystem. No matter how slow the bear season time seems to be, the biggest improvements happen during these times.
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