Fill your bag with caution - page 4.

witbla

newbie

Activity: 154

Merit: 0

Quote from: hwteeer on July 26, 2020, 08:17:04 AM

Ok, I agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

I am only having 2 or 3 most attractive ones I am following. And latest discovery I would definitely recommend everyone to have a look at - Clintex io. Have you already heard of such a solution? Cause you know, in here guys are setting entirely new standards on the field

hwteeer

newbie

Activity: 112

Merit: 0

Quote from: witbla on July 26, 2020, 08:16:05 AM

Strategy you outline is rational, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, reliable and, of course, bring real and practical value

Ok, I agree with you that it is not easy to find several tokens that widen the horizons and set new standards on the industry. Talking about you, are there many solutions you can recommend in general?

witbla

newbie

Activity: 154

Merit: 0

Strategy you outline is rational, but you know, what I would also say - it is not easy to find multiple solutions that meet requirements. What I mean is evaluating the factors. From my point of view, platform must be advanced, reliable and, of course, bring real and practical value

inoes

sr. member

Activity: 1316

Merit: 254

United Crowd

Quote from: Galley on July 25, 2020, 03:46:39 PM

Indeed, everything is so. A lot of projects made an excellent start, there were promising prospects, and as a result, after a short period of time, they turned into dust. And investors who believed in the project lost their savings. You need to be extremely careful.

this is the benefit of joining the BTT forum, you have the opportunity to ask members about the project you want to join. because one of the goals of caution is to be safe from fraud, then with discussion you can add insight and consider every decision that will be taken

Galley

member

Activity: 1274

Merit: 14

Indeed, everything is so. A lot of projects made an excellent start, there were promising prospects, and as a result, after a short period of time, they turned into dust. And investors who believed in the project lost their savings. You need to be extremely careful.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: bhadz on July 19, 2020, 02:31:05 PM

Right. When somebody tells you to 'fill your bag' it doesn't necessarily means that you need to full your bag with different altcoins. You have to fill your bag with appropriate cryptocurrencies that you know. Don't be a careless investor if you are new but be open to challenges and risks as you start your crypto investments. Careless like being that kind of guy which buys everything he heard from someone and buys it quickly without research.

Every person should do research before investing their hard earned money into any project or coin. Just listening to someone and investing in a project yields nothing but disappointment. If the project fails and loses are incurred, there is no one to blame expect the person himself.

If someone is new to the market, he/she should be wise enough to invest in the coins that are well-established in the market and even before doing that, they should research about them as well and know the use cases and its applications in real world. Diversification of investment is another point that should be followed by every investor in the market to ensure some kind of security against the unpredictability of the crypto market.

antsam

full member

Activity: 2044

Merit: 109

Quote from: Blue_oxen on July 19, 2020, 11:06:36 PM

This is right! Why a lot of people still don't know that doing research is one of the critical thing in investing and trading process? Doing good research is one of the important step to reduce the risk of being scammed or involving in a trash project. People who don't take this step seriously is more likely to be involved in those projects. Be advised that at this time, a lot of newbies are coming to the market which means scammers will take advantage of this time to give out a lot of traps!

These beginners who are widely used by scamer, with the lure of being able to make a big profit in the last short time because of lack of knowledge eventually become victims

Quote from: Dhoe on July 20, 2020, 03:08:01 AM

But the fact is, there are also many scam projects make beautiful whitepapers with very impressive vision and mission, their purpose is only to trap investors. We know how many projects have fake teams and fake whitepapers today. These two points (Fake teams and whitepaper) are very much used by Scammers to trap investors.

The investment of crypto world is very risky. Therefore, we need to be more careful, joining this BTT forum, I think I can get information if there is a project with Whitepaper plagiarism, because fraudsters will do a variety of ways.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: ?? on ??

This is a very nice advice, fill you bag with caution, especially with this era of uniswap exchange trending,you see lots of scam project,if you don't do your research,you will end up bagging shitcoins that have exited,so do your research and buy coins that will stand the test of time.

Filling our bag will not always be good if you don't research the market to find the right coin. We have so many projects at the market that can help us make a profit, but that will depend on the coin we buy. Besides that, many coins seem to have the time to increase, which can make us feel confused when choosing the coin.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: shaheer001 on July 23, 2020, 10:00:30 AM

Great lines from you, Some projects get high intention but in future, they become scams so we must search and watch the project development and future plans and how the project is beneficial and attractive for the world.

The use case of the project is very important when choosing coins to invest your money, there are so many project around who do have promising offers but in the end of the line failed to delivered, having a good conceptualized mindsets will allow you to check and verified what future will be for the project that you are supporting and investing your money, everything must come from good study that you've done before filling your bag.

Quote from: holly.ball8 on July 23, 2020, 01:04:17 PM

Definitely, people need to be a bit cautious even the market is undervalued. Though, too much cautious would cause you lose a chance to invest in early when it's low.

You have to balanced everything, taking the risk in the early stage if you are capable of accepting loses in case you failed to pick the right project to invest your money. Though it's part of the process of being successful trader it will allow you to understand and avoid doing the same mistake gain.

holly.ball8

member

Activity: 138

Merit: 10

Definitely, people need to be a bit cautious even the market is undervalued. Though, too much cautious would cause you lose a chance to invest in early when it's low.

ned.ryerson

full member

Activity: 756

Merit: 101

Oikos.cash | Decentralized Finance on Tron

Quote from: shaheer001 on July 23, 2020, 10:00:30 AM

Great lines from you, Some projects get high intention but in future, they become scams so we must search and watch the project development and future plans and how the project is beneficial and attractive for the world.

I never invest in altcoins fast. I always watch a project before investing money in it. if I see that the team is constantly working on the development and constantly making updates then in a year I am ready to invest

Sourhearrt

member

Activity: 166

Merit: 12

Good advice, real use case is very important and not just any real use case cos not all real use case are useful on the blockchain system, some projects are even better offline than coming on blockchain, you need to make sure the project you pick is highly demanding

shaheer001

full member

Activity: 1274

Merit: 100

Great lines from you, Some projects get high intention but in future, they become scams so we must search and watch the project development and future plans and how the project is beneficial and attractive for the world.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

Some project that I've encountered has some potential if they really mean about what they are talking on their road map. Because it was just simply amazing but there is one problem about it when they launched it and get some money from their pre-sales. the project seems not like what we have seen on the road map. There's something wrong with those people who are involved with that kind of project. They are just simply stupid because that would become the reason for their coins to fall in an instant.

RabbiTANK

member

Activity: 224

Merit: 18

Sovryn - Brings DeFi to Bitcoin

To invest in good projects always make sure the project has good utility and listed on good exchange, that's the most important parts, every other things should comes after utility and exchange, this is how I make my pickings and the result paid off.

TheClownSong

sr. member

Activity: 1428

Merit: 251

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?

Agree, investing requires caution so that we don't get caught up in projects that are only pump and dump. A good project must have a good roadmap and a solid team that can produce products that will be used by many people. Need enough research before deciding to start investing

BeginToMine

full member

Activity: 434

Merit: 101

https://www.payaccept.net/

This is a very smart advice for everyone into Crypto and trades. It's not about buying a coin it's about knowing what you are buying and also avoiding being people without idea instead you train them. It's really good one checks project very well before investing.

bigcash2011

sr. member

Activity: 1442

Merit: 265

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?

I have learnt with edperience in the crypto market that majority of the people are not ready to give some time in research or analysis of the project or coin before investing, they either follow other people from social media or they just follow the hyped projects like defis are the top hype nowadays and you will see they are bloating and pumping everyday because people are just following this new trend without any research.

Balladtony77

member

Activity: 378

Merit: 15

It's why I've always try to differentiate the difference between use cases, not all use cases will survive on future, some are not even needed to be on blockchain but because the team want to raise money they will bring too good to be true use cases to fool investors, we really need to be careful

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: vvu351 on July 22, 2020, 01:27:15 PM

Nowadays, it is difficult to choose promising coins at a good price. This is because many coins have shown 100-500% growth in recent months. I think it's best to buy Bitcoin or Ethereum for now.

You mean promising coins are not available for cheaper? But then they are having potential to grow further I guess the current market prices are not a constraint to buy and hold them. I'm not saying most altcoins are growing up to 500% in recent times but few coins like ada and chinlinks are outstanding with their performances in recent times.

Yes, it is always good to buy bitcoin and few other highly known altcoins regardless of where they are trading right now.

Quote from: ?? on ??

Most especially is the habit of investing with caution as poster as poster said above. Make due and diligence research before investing in any project and also invest what you can afford to lose.

OP is trying to convey the same

. By caution, they are referring the procedure of due diligence.

It is not easier for anyone to identify highly potential altcoins to invest right now. At the same time, this must be very good time to get into crypto space because we are at the verge of beginning of another massive bull run. After the recent bitcoin halving, we are all expecting this crypto space to get into bullish trend but ongoing pandemic is blocking that probably. If there is no worldwide economic slowdown happening then we might be getting lots of new investors by this time who are the main reason for moving this crypto space positively.

Topic: Fill your bag with caution - page 4. (Read 982 times)