Ask that question and you know you are not ready to choose an investment yet. Take your time to learn, do not put money in things you do not understand.
Finding an Altcoin that is worth the investment is a VERY, VERY difficult and EXTREMELY risky job. Even the best still fail to properly choose where to place their money and at this point? It is more a bet than an investment !
Most coins go away because no body is interested to invest in them and most of them are useful and failures. Look at it like all those businesses that open up every day. How many of them fail? A lot! How many of them get to billions of Market Cap and to levels like Amazon? Very few!
Topic: Dumping ground - page 2. (Read 247 times)
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Not only "Wakanda", there are lots of altcoins that just rely on the hype out there that keeps being born every day. Instead of thinking of it as an investment, I prefer to call it a gamble, because usually the strength of degen tokens is just the hype, there are no other strengths other than that. My advice, you better look for trustworthy altcoins for at least they have real proven advantages, like L1 projects (Aptos, SUI and Oasis Network).
Please which altcoin is currently the hotcake with bright future ahead?
I don't know which altcoins are hotcake right now, but, hey? did you forget that we will have a halving next year? isn't it better to invest and accumulate Bitcoin now?
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Please which altcoin is currently the hotcake with bright future ahead?
Please which altcoin is currently the hotcake with bright future ahead?
I also noticed recently that there were a lot of projects launching in the last few weeks and months that had quite a lot of hype and also a pretty big and successful seed and private sale but once they were launched the price and also the whole mood within the project went down slowly but surely. I don't really know why this happens that often because none of those projects that i observed that slowly died were useless meme-coins some of them were even pretty good in my opinion.
I think that a big part of the problem is the mentality of the investors. It is all about a quick pump and dump for most people. If a project does not do a x2 or more right after listing then it is already a fail in the eyes of a lot of people, because they don't have patience anymore.
The hotcake has been always Bitcoin. Since you are complaining about being a victim of altcoins' scams and falling for false promises, I believe you should go through a safer route with your investments in cryptocurrency, and the safest route is Bitcoin, without any doubts.
Obviously it is the only one, as it is the prime mover in cryptocurrency and no one can dislodge it from the top. But assuming that we are in this board, the OP is looking for altcoin. Maybe he knows that risk as he put it, "dumping ground".
Otherwise, if you continue playing around with altcoins, in an attempt to be lucky guy to pick the right one that will boost your earnings in x100, x1000 overnight, it's certain you are going to continue falling for such scams over and over again!
Not saying that you are wrong, but I guess in altcoin market, you also need extreme luck to find that needle in the haystack. And some could have find that gem during the last bull run. Or has taken that risk, invest early on lets say Axie before it exploded and make huge gains, rinse and repeat. Now it's time for us to look for that kind of project that will give us that x100 or higher returns.
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Please which altcoin is currently the hotcake with bright future ahead?
Please which altcoin is currently the hotcake with bright future ahead?
I think that is the cycle in Altcoin market, if you can go back to the ICO days, yeah that is the pattern, it then it replace with IEO/IDO and then the next hype like P2E, the whole staking game etc. And once the project has been launched and investors putting their money and majority of them profited big then they left and look for the next project to pump. As for the devs, some of them abandoned it completely without anything to offer after that initial hype.
As for the next hotcake, it's hard to see, I think it will still be P2E and anything about gamers + blockchain technology.
The hotcake has been always Bitcoin. Since you are complaining about being a victim of altcoins' scams and falling for false promises, I believe you should go through a safer route with your investments in cryptocurrency, and the safest route is Bitcoin, without any doubts.
Otherwise, if you continue playing around with altcoins, in an attempt to be lucky guy to pick the right one that will boost your earnings in x100, x1000 overnight, it's certain you are going to continue falling for such scams over and over again!
Otherwise, if you continue playing around with altcoins, in an attempt to be lucky guy to pick the right one that will boost your earnings in x100, x1000 overnight, it's certain you are going to continue falling for such scams over and over again!
Stay away from altcoins, especially those with famous brands or games, as they will likely be spam.
"Wakanda" reminds me of the name of the movie of the same name that became somewhat popular so I think scammers always try to exploit famous names.
"Wakanda" reminds me of the name of the movie of the same name that became somewhat popular so I think scammers always try to exploit famous names.
Certainly, when investing in altcoins, it's important to do your own research and due diligence to mitigate risks. It's also important to have a clear investment strategy and not invest more than you can afford to lose. As for which altcoin has a bright future, it's difficult to say for sure as the market is constantly changing and can be unpredictable. It's important to stay up to date on the latest news and developments in the industry and to make informed investment decisions based on your own research and risk tolerance.
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Please which altcoin is currently the hotcake with bright future ahead?
This is normal, especially those projects who rely too much with the hype and yet their project itself is not that good.Please which altcoin is currently the hotcake with bright future ahead?
If you are going to invest on a new project, make sure that you are ready for the risk and you know when to take profit because not all new projects are worth to buy.
You can consider buying top altcoins instead especially now that there's a good pump for the altcoins market though be cautious as corrections are still possible to happen.
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Please which altcoin is currently the hotcake with bright future ahead?
Please which altcoin is currently the hotcake with bright future ahead?
I would say none! Don't try to find gold from muddy water. Nowadays even Chatgpt can create an altcoin for you and provide you with detailed guidance on how to launch that. Do you think they are worthwhile?
In altcoin market, the creator of the altcoins are the benefited ones. Rest all loose money while waiting for a better future price. Let's not get into that path. Invest in Bitcoin and ETH, if you are really serious about your money.
For me its currently 3DPass
Many altcoins are dumping ground, after the project is launched people invest massively on it, they will carry out a burn and the burn will have no meaningful bulls and then àfter a while the project became dormant like one and only Africa project called "wakanda" I guess many are victims and aware of this falsehood and fake project.
Please which altcoin is currently the hotcake with bright future ahead?
Please which altcoin is currently the hotcake with bright future ahead?
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