Dumb plan? - page 2. | Bitcointalksearch.org

ningrum

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Quote from: Republikcoin.com on June 07, 2022, 06:36:00 AM

Quote from: lizarder on June 07, 2022, 01:53:41 AM

That's how they work now, there are no other supporting factors that can make the project develop, they can't run the whitepaper concept, so the project development stage only reaches the listing and that's why I don't believe in new projects now, they only use investors to making a profit, it's really not impressive the new project that is now

The new project development team will now feel a little pressured by market conditions that are still not improving so they seem to have lost their direction in developing new projects and I think that is part of the risk they have to bear alone after getting profits through investors. And as long as there are not many enthusiasts for the current new project, the product development of the new project in the market will not be optimal at this time.

Those project development teams will certainly rethink how the projects they are working on can survive in the midst of current market conditions,
it's certainly a challenge and also a risk like it or not they have to do it,
We'll see how far this new project will go

Republikcoin.com

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Quote from: lizarder on June 07, 2022, 01:53:41 AM

That's how they work now, there are no other supporting factors that can make the project develop, they can't run the whitepaper concept, so the project development stage only reaches the listing and that's why I don't believe in new projects now, they only use investors to making a profit, it's really not impressive the new project that is now

The new project development team will now feel a little pressured by market conditions that are still not improving so they seem to have lost their direction in developing new projects and I think that is part of the risk they have to bear alone after getting profits through investors. And as long as there are not many enthusiasts for the current new project, the product development of the new project in the market will not be optimal at this time.

ItsCrafty

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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.

Oasisman

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Simple, because most of the new projects does not end with a good position in the market.
If you have the risk appetite and due diligence on a specific project (new), then don't get hold of yourself in getting those coins, who knows those project might sit next on the top 20s.
People are constantly switching from one project to another, especially when they see the latest innovations and see a potential.
However, securing BTC is much better than the rest of the alts in the market in the long run.

gurunanakji777

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Nobody can say with surety that the market will follow the same cycle again and again as we all know crypto adoption is also increasing. As we all know all Top coins you can not hold for long-term but in a bear market, most of the coins drop. We can't predict the market from 2024-to 2025 right now. It's not like one should avoid investing in the new projects it depends if the new projects are really doing well then why not take a chance to hold it for the long-term it can also compete with top coins in the future you never know but there are few coins that have been tested and survive the bear market every time. When those coins are available at cheap value one can not deny their potential of the coin.

Flexystar

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The pattern slowly changing but not on scale of larger timeline, however its happening on the level of yearly basis. When there was time before crypto was easy to predict in terms of its movement and perfect position in the market, now it's way harder to do predict so as the market goes complex. This is happening because over the time surroundings are changing. Lot of sanctions, changing laws, mining patterns getting changed, more or less people getting involved and so many factors which keeping bitcoin and altcoins on different levels of market positions.
Its not dumb to invest into altcoins but it has to be well planned and sorted execution with long term holding.

lizarder

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Quote from: whiteblue on June 03, 2022, 06:18:42 AM

Quote from: ?? on ??

Actually you have made an answer to the question you asked, because why investing in new projects looks so bad for us to invest in, because most new projects are only able to reach the development stage, but not based on price utility, community and coin resilience in corrected market conditions, project The new one is also not strong enough to withstand the chaos that was born in the market, so the return to the new kokn died in the middle of the road

Many new projects do not consistently develop the mainnet roadmap because actually they are not able to realize the concept from the whitepaper, they actually only attract investment from investors for the sake of creating extraordinary concepts but after listing they secretly sell coins to steal the liquidity from the presale.

That's how they work now, there are no other supporting factors that can make the project develop, they can't run the whitepaper concept, so the project development stage only reaches the listing and that's why I don't believe in new projects now, they only use investors to making a profit, it's really not impressive the new project that is now

Wakate

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

This is one of the cycle of cryptocurrency projects right now. One thing I have noticed about the crypto market is that things happens in phases so we don't have to sleep on a particular trending projects for too long. More crypto projects are entering the Crypto market every single day and investors are rotating their funds to get the best from the market.
We do t have to be a particular coin for too long to avoid rug pull or decline in liquidity of such project. Everyone needs to be smart.

TelolettOm

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Quote from: Cuda911 on May 28, 2022, 02:28:52 AM

Cos I plan to look into new projects for the future instead, what do you think?

Are you sure about look for new projects during this bearish era? Are you sure that the coins will be listed on exchanges, and will have good liquidity and volume? Are you sure that the new projects will develop and will not be shit projects that end up as dead projects? I do think that it is too risky and too gambling for choosing new projects during this bearish era. Because not all altcoins will survive, moroever new projects. it istoo risky to put your money into the new projects although their team said about go to the moon every time they are talking about their porjects.

mr_enoc

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It is a little bit so discouraging to buy new tokens now. Look what happened to LUNA and SOLANA. If you want to get safe. Try buying only BTC and ETH. These two are safe with a huge number of investors. It wont easily dump.

Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Xal0lex

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Investing in new projects is a good idea, it implies a large profit, but at the same time an increased risk. Allocate a part of your portfolio for investing in new projects is still worthwhile, I think, especially for small deposits. But do not invest in new projects, if you do not have at least the basic skills of analyzing projects and their tokenomics, otherwise it will not be an investment, but a lottery.

JoyMarsha

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The future of a given project is hard to foresee how far it can go. We just see how a top rank coin like luna just diminished to dust. That's to say, top coins cant remain at a top spot in years to come.
Crypto investment is just for making profits. Your profits can be in short intervals or long intervals. That's should be your decision when to pull out your investment

youdacapt

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Well, your guesses are wrong and cmc does not work that way. In cmc, projects change position nearly every week. As regarding cycles, you are also wrong, ofcourse we have new network chains almost every 2 months who thrive and try to rival ethereum. None has waited 2-4 years to thrive and get into top 20. with solana a notable mention.

This year alone, we have had cronos, fantom chain and others. there was never a 4 year gap

RealMalatesta

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Quote from: karabiber on June 06, 2022, 03:06:22 AM

I do not invest in any other than major coins. I am not adventurous enough to invest in altcoins. I do not act aggressively about crypto, i always take cautious steps. Most of the altcoins which are said to see the summit and will do very well are now garbage. Maybe that's why i miss great opportunities because i don't like to take risks but at the end of the day i see that I am rising step by step. Do not approach this market emotionally without doing a thorough research. I would say don't go outside of the major coins much.

This is not a wrong approach at all. There will be ton of people who will tell you that it is the wrong approach but the reality is that if you are feeling comfortable about investing into alts then you should not do it. However, if you are feeling like you want to, that is not a wrong one neither.

The only wrong thing here is that if you invest into something without researching, if you do your own research and make sure that it is good, then you could do anything you want, if you do not research and end up losing money then it is a wrong move. So either go full on btc, or spread just a few coins, or do a whole diversified, bunch of coins, as long as you pick the right ones then there is nothing wrong.

RussianEnglishTranslation

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

I think the top 10 will continue to cycle until we see regulation and real world adoption. For 2023-2024 I see the top 10 looking like this:

1. XRP
2. XLM
3. HBAR
4. UTNP
5. CNDL
6. FLARE
7. MATIC
8. FTM
9. ENJ
10. IOTA

bakasabo

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Making an investment decision based on altcoins position in top is not the most wise move. Because altcoins position can be correct easily in 24h. Today altcoins is in top, tomorrow it lays on the bottom of the ocean. Recent Luna crash is a great example.

I wonder how you came to a conclusion, that new altcoins hits top 20 every 4 years ? There are plenty of altcoins that never managed to pass top100 barrier. I am not very experienced in making long term predictions, but cryptocurrency is very dependable from trends. New trend appear every year. There are few projects and trends that last for "4 year cycle". Personally, I would not make any predictions for more than few years, as cryptocurrency changes to quickly.

uneng

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Yes, before we had litecoin which was considered the silver of crypto universe, there were dash, monero and different bitcoin variations (from forks). And now, look where those coins are ranked. From the main ones, only bitcoin, ethereum and dogecoin remained influent (top 10). Meanwhile, many other cryptocurrencies appeared and became more important and popular among investors.

But in fact, what extraordinary features do they offer besides the ones already presented by the previous generations of cryptocurrencies? And what guarantees do investors have the currently top altcoins aren't going to be replaced soon? None! Take this in consideration when deciding where you are going to invest your money.

Read the history of cryptocurrencies since the early days. Check which of them have real potential of growing on long run. It's not so hard to do so. And when looking for new projects, make sure if they bring something really new to the market, or if they are just copies of past altcoins.

smartaction

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Quote from: Cuda911 on May 28, 2022, 02:28:52 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?

Its already happened. The price of all coins in the market has decreased by 50% -60%. And there is a possibility of some more correction. Which appears occasionally. But when the market starts to grow again, the market will show another miracle. Maybe we are not ready to see that he he

karabiber

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I do not invest in any other than major coins. I am not adventurous enough to invest in altcoins. I do not act aggressively about crypto, i always take cautious steps. Most of the altcoins which are said to see the summit and will do very well are now garbage. Maybe that's why i miss great opportunities because i don't like to take risks but at the end of the day i see that I am rising step by step. Do not approach this market emotionally without doing a thorough research. I would say don't go outside of the major coins much.

Silberman

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Quote from: GreatArkansas on June 02, 2022, 10:14:30 PM

Quote from: Cuda911 on May 28, 2022, 02:28:52 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, this will take as a lesson for everyone, especially for those new people that starting to explore cryptocurrency and doing some investments.
There is already lof of projects that have been proven over time, most of them are just good in the beginning, pure hype and they just want to steal money from the people.
I am not telling all altcoins but just be careful, avoid marrying your altcoins, and learn to take profits too.

Good advice but it is a shame most people will not try to put it into practice until it is already too late, even if we advise newbies to always be ready to get rid of their altcoins at any moment, newbies cannot help but to get attached to their shitcoins, and instead of getting rid of their coins decisively when those coins are going down they keep holding them thinking about a recovery which never happens, and we have a fresh example of this in luna, which gave people weeks to get out before the disaster happened only for them to miss that window and lose almost everything.

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