Fill your bag with caution | Bitcointalksearch.org

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: ?? on ??

Very helpful advice to most of us who have the same thought on this matter. If we make the implementation of this advice before investing in any project then surely I only hope the result would be more amazing. Therefore would apply these every time when I am gonna do invest in the project because after applying this advice could help us to meet with a great project.

If each of us follow these tips we can reduce the chances of ending up in scam projects because we are cautious and cant be easily convince.

However some of us cant follow because of greed. They want to earn huge in short period and didnt conduct a research, thats why there are still many investors fall victim of scammers.

Keeng Daveed

jr. member

Activity: 34

Merit: 1

I pray this advice sink, scam never reduces, getting high day by day. And those falling into it keeps falling it. One just have to be very at alert, Skyrocket ones caution.

KnightElite

sr. member

Activity: 924

Merit: 275

Making investment is a good thing but it doesn't mean that you can guarantee that you can make money though it, remember that you can only make a gain in specific investment if you have knowledge and basic information about it. If you do not have and you have a get rich quick mentality then expect tbat you will incur losses. There is nothing wrong in long term investment but learn to manage risks very well, what do I mean by that? What I mean is you should diversify your funds properly where you will not go all in; in just a specific investment.

There are opportunities out there but still we should learn on how to invest in our knowledge because it is our asset in order for us to make gains in the market. Projects nowadays are keep failing and actually it is really hard to see a legit and promising one but though having a lot of knowledge we can do it and we can make gains.

TheMystic

member

Activity: 171

Merit: 12

Many coins will not be relevant in months to come, let alone 2 years. If you filling your bags and want to see the potential in next 2 years, it has to be the top 10 stable coins. Else you have to be very smart, investing in new coins, that could exit scam anytime, which in my opinion, not advisable. Just like the op posted... Fill your bags with caution.

Lantind

sr. member

Activity: 2324

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Many fail projects that try to take the opportunity of this trend never meet the first goal. They become a fail project because they don't have future and stay in the limo since the start. When invest in a new project, take this by heart and be cautious for this time and you will be okay.

Yes, and whatever project we will choose for investment and other matters, then do research repeatedly so that we don't get caught up in the wrong project, because currently a good project with a bad one is almost the same if we look at it visually. on the outside, being more careful is the main thing and doing careful research is what is needed.

Miaallen

member

Activity: 573

Merit: 30

Filling the bags should have even been done a long time ago, not now. May people bought several amounts Ripple at $0.32 and the price is falling not to be at $0.27 and it's still falling. Those that bought it are not at a certain percentage of loss. This cryptocurrency trading investment is very volatile and an extreme caution should be taken in involving in it.

affandi

hero member

Activity: 672

Merit: 500

This is very helpful, and if everyone has the same thoughts as you, there will probably be a lot of people who are successful when they invest in a project and can avoid a useless project that ends up in garbage (although this advice is not easy to implement).

bitcampaign

sr. member

Activity: 1918

Merit: 268

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I will avoid the risk that is by following a project that can be obtained for free, the Idena project can be obtained for free just by following wallet validation and mining with an ordinary laptop, I think Idena is a project that does not have a big risk because everyone can get it for free, so in my opinion before investing, start by getting it free, if the project is really good and has a large community it will be big too and last long, for example bitcoin and ethereum which have a large community in it

nicedreams

member

Activity: 173

Merit: 10

Quote from: BeginToMine on August 22, 2020, 04:29:16 PM

Seriously because the rate to as altcoins are revolving these days is really alarming. Some are there to pump and dump coins coins and forget the project so let's please try to always make research before you fill your bags before one would be crying of lost. If you are a newbie do not think crypto is get rich quick project before you will burn. Let's be careful.

I definitely saw way more new projects but actually just the old project slap with new looks and somehow, pump to very high. Clearly a lot of shady projects try to take advantage of both DEFI and unpredictable market to revive their coin and for the last dump. Definitely anyone needs to be more cautious around these days.

TopT3ns

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Activity: 2548

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Quote from: jahepahit on August 22, 2020, 05:03:16 PM

if these questions are sincerely answered, anyone investing for long term will surely do due diligence and make good choices of investment. majority of people are for quick profit so they just invest once they see its a good coin by popular demand but real investment is more than that.

yes, of course, to apply long-term investment, you must be able to buy coins that have a limited supply and have a very high demand or use, meaning you have to be able to find coins that can be used for many transactions so that when more people use the price increases.

Sebas.tian

full member

Activity: 2184

Merit: 184

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Am always be careful when choosing some altcoins for investment( either for long-term or short-term) because they have taught me a bigger lesson from my beginning. Don't play with a bag full of altcoins as they all depends on Bitcoin to make their decision, I won't associate myself with such that can't make it own decision. I would rather continue to make my bag with Bitcoin than any name associated with altcoins. Not in the second world after here.

chikator

sr. member

Activity: 406

Merit: 250

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Quote from: Dondeon on July 19, 2020, 02:09:50 PM

There have been so many posts on the forum suggesting that it is the right time to fill your bag, I quite agree but then, you need to fill your bag with caution. There are so many projects that are dead already but pretending to be alive using the bear season as an excuse for now. The team behind most of them are just looking for a way to dump on you trying to make you understand that they are working round the clock to develop the project, a project they have all the time to develop in the past but could not, now they want to develop, hmmm, what a way to full the people.

The bull run will surely expose all of them, trust me, some of them are smart enough to understand this and that is why they are trying every means to fool making unrealistic promises in order to dump on you.

My candid advice, before you invest in a project ask yourself;
1. What are the benefits of this project to the world and the future?
2. In the next 2 to 3 years, will the working product still be relevant?
3. Who is the targetted audience? Do the targetted audience really need this innovation?

These tips are actually good. I make a point to analyze and balance if the project has the capability to push through in the future. Some of these promises sounds good for now but will it be relevant in the next few years? Projects that aim to get you due to desperation will promise you the world and the now. Do the right thing and think forwards.

jahepahit

member

Activity: 866

Merit: 10

if these questions are sincerely answered, anyone investing for long term will surely do due diligence and make good choices of investment. majority of people are for quick profit so they just invest once they see its a good coin by popular demand but real investment is more than that.

bobyhodob

sr. member

Activity: 1162

Merit: 253

Quote from: BeginToMine on August 22, 2020, 04:29:16 PM

Seriously because the rate to as altcoins are revolving these days is really alarming. Some are there to pump and dump coins coins and forget the project so let's please try to always make research before you fill your bags before one would be crying of lost. If you are a newbie do not think crypto is get rich quick project before you will burn. Let's be careful.

Everything you do in cryptocurrency will indeed have its own risks and your job as a trader is that you have to be brave enough to face that risk because if you don't dare to face the risks that exist, it will be very difficult to get results from what you have done with your capital. exchange place.

BeginToMine

full member

Activity: 434

Merit: 101

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Seriously because the rate to as altcoins are revolving these days is really alarming. Some are there to pump and dump coins coins and forget the project so let's please try to always make research before you fill your bags before one would be crying of lost. If you are a newbie do not think crypto is get rich quick project before you will burn. Let's be careful.

trauchot

member

Activity: 1764

Merit: 10

Investing in new cryptocurrencies is always a very big risk and therefore each investor decides whether to invest in new projects or not, and I prefer to invest in top projects that have already shown their capabilities and technologies and have been traded on cryptocurrency exchanges for a long time.

Nancyo

jr. member

Activity: 352

Merit: 1

Exactly, this is a period that people have to fill their bag with extreme caution and as you rightly said many projects are waiting for those to dump on. Personally this is a period I bag with extreme caution and eyes wide open

Slingshot

sr. member

Activity: 616

Merit: 250

Thank you for this advice but those filling backs for long term holding should actually fill with caution so as not to hit goals on stone tomorrow. Doing adequate research would help curtail loss. And those doing day trading should as well know when to join trade to avoid having issue or entering at wrong our please.

Tomohisa

full member

Activity: 360

Merit: 100

Oh yes, I would never let myself down even when it was a best time to invest in crypto. Cause I know there are a few nearly abandoned projects but not because they still think they could make a last exist by take advantage of this time when investors saw every project in bad shape.

Nesbee2

jr. member

Activity: 840

Merit: 3

We all know that crypto prices are highly volatile as such we have to be careful of when to fill our bags and the kind of tokens or coins to fill our bags with . We have to find out the potentials of the project we are about buying and their use cases . Do not just buy because others are buying don't FOMO buy any asset .

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