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Topic: Elon Musk accidentally created a new cryptocurrency. WTF? - page 11. (Read 5188 times)

jr. member
Activity: 588
Merit: 5
For sure. It's the first rule if you want to enter the crypto sphere. But usually it happens like that: someone starts a hype around the coin and people are going crazy. I have no idea what exactly causes such mass adoption of new no-name coins.. Especially while there are lots of stories about how people lose money in such way.
Haha, it seems to me that users believe that this story happens to everyone, but not to them. Although, it's enough just to look into the past: I don't remember a single hype coin that wouldn't have fallen sharply after the initial growth and popularity. It's sad, but it's true.
jr. member
Activity: 916
Merit: 1
For sure. It's the first rule if you want to enter the crypto sphere. But usually it happens like that: someone starts a hype around the coin and people are going crazy. I have no idea what exactly causes such mass adoption of new no-name coins.. Especially while there are lots of stories about how people lose money in such way.
jr. member
Activity: 588
Merit: 5
I don't really think it will happen right now. It seems to be stuck in the middle of its historical maximum. As all the coins somehow influence each other and in most of cases follow Bitcoin. So there's no sense waiting for a great Crypton growth before the whole market recovering. Not everyone will survive, but I'm sure in this exact coin.
It seems to me that the main problem of most of the crypto community is their desire for a quick and rapid profit at any cost. Unfortunately, it is precisely because of the thirst for fast money that many projects become hype, and then also plummet, taking users' money with them. I hope that you agree that monitoring the organic growth of the project is always the right tactic.
jr. member
Activity: 916
Merit: 1
I don't really think it will happen right now. It seems to be stuck in the middle of its historical maximum. As all the coins somehow influence each other and in most of cases follow Bitcoin. So there's no sense waiting for a great Crypton growth before the whole market recovering. Not everyone will survive, but I'm sure in this exact coin.
jr. member
Activity: 588
Merit: 5
Oh, I'll stand next to you here, read the answer =) To be honest, I'm very interested in learning a little more about predicting the growth and fall of cryptocurrencies, especially such large ones as bitcoin.
Telling the truth, I still have no idea what exactly affects it. It's always caused by different reasons.. So while the market is low, it's time for investments. For example, Crypton privacy coin was listed on the Hotbit exchange recently https://twitter.com/Hotbit_news/status/1527122277711564801 It gets more and more trust and I think it will rise well when the whole market will start recovering.
Yes, I think you're right. Perhaps it will start to grow now, if users get tired of losing money on growing and immediately falling projects and decide to look for something else.
jr. member
Activity: 916
Merit: 1
Oh, I'll stand next to you here, read the answer =) To be honest, I'm very interested in learning a little more about predicting the growth and fall of cryptocurrencies, especially such large ones as bitcoin.
Telling the truth, I still have no idea what exactly affects it. It's always caused by different reasons.. So while the market is low, it's time for investments. For example, Crypton privacy coin was listed on the Hotbit exchange recently https://twitter.com/Hotbit_news/status/1527122277711564801 It gets more and more trust and I think it will rise well when the whole market will start recovering.
jr. member
Activity: 588
Merit: 5
Crypto investment has to do with a research and information at early stage before pump, by knowing the right time to buy. I can remember when Floki Inu pumping after Elon Musk tweet, which many investors that buy on time make profits.
And how is it possible to predict the next behavior of the market? For example, when Bitcoin will rise again.. What's the correlation between price movement and something that affects it?
Oh, I'll stand next to you here, read the answer =) To be honest, I'm very interested in learning a little more about predicting the growth and fall of cryptocurrencies, especially such large ones as bitcoin.
jr. member
Activity: 916
Merit: 1
Crypto investment has to do with a research and information at early stage before pump, by knowing the right time to buy. I can remember when Floki Inu pumping after Elon Musk tweet, which many investors that buy on time make profits.
And how is it possible to predict the next behavior of the market? For example, when Bitcoin will rise again.. What's the correlation between price movement and something that affects it?
sr. member
Activity: 2296
Merit: 256
there are no valid news sources, everyone creating new tokens can be on behalf of Elon Musk, because everything here is very private. As long as there is no valid source, even Elon Musk's twitter doesn't announce it either, it's really unbelievable. especially now that the short term hype token season brings any trend to get hype, because the name Elon Musk at that time was on the rise, they were on behalf of Elon Musk.
jr. member
Activity: 588
Merit: 5
Oh, such collaborations are always interesting for users. The exclusivity of the project may interest fans .Moreover, the mystery and mystery of the box also fuels interest.
Collaboration is not always appropriate and able to attract the interest of users or fans for a new project, because it still depends on the product concept developed by the project in the past. So it needs a special application for the products issued by the project so that the interest can increase over time.
I can only advise you to read more about this project and test it =) This is no longer a new project and the collaboration was not done with the aim of attracting users to the "new" project. In fact, each of the updates or advertising campaigns of this project attracts even more users to it, increasing the already impressive fan base.
sr. member
Activity: 1008
Merit: 250
Crypto investment has to do with a research and information at early stage before pump, by knowing the right time to buy. I can remember when Floki Inu pumping after Elon Musk tweet, which many investors that buy on time make profits.
Investors at that time only took advantage of the temporary hype on Floki Inu so that the profits they got were more obvious, but for those who bought after the hype, I think at this point they are still experiencing losses because Floki Inu also experienced a large and insignificant decline. again experiencing a large increase in the market.
member
Activity: 519
Merit: 12
Crypto investment has to do with a research and information at early stage before pump, by knowing the right time to buy. I can remember when Floki Inu pumping after Elon Musk tweet, which many investors that buy on time make profits.
sr. member
Activity: 1232
Merit: 379
Elon musk is trending on the Crypto headlines recently. Anything he do or touches pumped massively in the space. Elon musk who just acquired Twitter recently, makes his coin, Dogecoin to pump and hits it's ATH (All Time High). Perhaps Dogecoin is getting Alot of popularity in the space, Matt wallace restaurant have started accepting Dogecoin as means of payment. The most trending news on Dogecoin despite the fact that it is dipping, GUCCI are planning to start accepting Dogecoin as modes of payment. The CEO of Tesla company affects the market Positively and negatively.
member
Activity: 700
Merit: 10
Oh, such collaborations are always interesting for users. The exclusivity of the project may interest fans .Moreover, the mystery and mystery of the box also fuels interest.
Collaboration is not always appropriate and able to attract the interest of users or fans for a new project, because it still depends on the product concept developed by the project in the past. So it needs a special application for the products issued by the project so that the interest can increase over time.
the product that consumers need becomes the main reference, with the product it is possible that the project will be sustainable, the more people who need it, the higher the price, because it affects the purchase of tokens to be able to use the product. That's why we have to be careful in choosing projects, so we don't get caught in a hype pattern that is usually not good for long-term profits
jr. member
Activity: 916
Merit: 1
Collaboration is not always appropriate and able to attract the interest of users or fans for a new project, because it still depends on the product concept developed by the project in the past. So it needs a special application for the products issued by the project so that the interest can increase over time.
1. It's not a new project
2. It has a working application for several years already
3. It also holds own actions. For example, today a meme campaign had started with a prize pool 10.000 CRP. More details here: https://utopiap2p.medium.com/lets-begin-utopia-p2p-twitter-meme-campaign-total-bank-of-10-000-crps-4738d5d69f89
sr. member
Activity: 344
Merit: 250
Oh, such collaborations are always interesting for users. The exclusivity of the project may interest fans .Moreover, the mystery and mystery of the box also fuels interest.
Collaboration is not always appropriate and able to attract the interest of users or fans for a new project, because it still depends on the product concept developed by the project in the past. So it needs a special application for the products issued by the project so that the interest can increase over time.
jr. member
Activity: 588
Merit: 5
Do you guys follow NFT competitions? Utopia p2p project just announced a collaboration with CoinTiger exchange, where they sell the Mystery boxes with Utopia branded exclusive NFT stickers collection. And the price is pretty low, I think I will participate, who knows what will happen next. Details: https://twitter.com/CoinTigerEX/status/1519579096006623232?s=20&t=4lTxrOPcarlwmZpioucZYA
Oh, such collaborations are always interesting for users. The exclusivity of the project may interest fans .Moreover, the mystery and mystery of the box also fuels interest.
member
Activity: 1540
Merit: 22
Well, I think it's a good thing that Elon Musk decides to influence the crypto market and add such interesting projects to the market.  Elon Musk is not going to create the new cryptocurrency that can be used to fund different environmental projects. When Musk published the project, he meant to promote the idea of ​​a Greencoin if i not mistaken.
jr. member
Activity: 916
Merit: 1
Do you guys follow NFT competitions? Utopia p2p project just announced a collaboration with CoinTiger exchange, where they sell the Mystery boxes with Utopia branded exclusive NFT stickers collection. And the price is pretty low, I think I will participate, who knows what will happen next. Details: https://twitter.com/CoinTigerEX/status/1519579096006623232?s=20&t=4lTxrOPcarlwmZpioucZYA
jr. member
Activity: 588
Merit: 5
Elon, himself was willing to be an owner of floki inu, otherwise all amount of floki would be burnt already.  Every year others also use to brings such shitcoins in crypto industry due to fruad with people and some people also trapped by them and lost capital.  It seems that, excitement around the project is also hype, which has short lifespan in my opinion. so it is suggested to go for better one.
I am sure that Elon will still prove himself in the crypto world. Very soon we will wait for new Skype tweets from him. And it does not matter whether it will be a new project that he decided to honor with his attention or something that he will create/finance himself.
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