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Topic: Fill your bag with caution - page 6. (Read 980 times)

member
Activity: 224
Merit: 28
July 21, 2020, 01:14:46 AM
#58
There are some use case in crypto space that are too complex and not very understandable, it's very easy to get lured by these use cases but I bet they will die easily in a year or two, most especially artificial intelligence projects and gold backed tokens
hero member
Activity: 3024
Merit: 651
July 21, 2020, 12:47:45 AM
#57
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 with all of the above.
So how can you find out all about this information?

Ask them directly and better be good at reviewing their answers.
They can all say the sweet words to you but that should not all be the reason to agree with them.
Better, do not agree yet, and try to dig more into whatever their real purpose is.
Is it for innovation or just a mere profit?
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
July 21, 2020, 12:38:24 AM
#56
you are correct. Many projects have nothing to give in the nearest future yet those projects are been paraded by their team as good projects. Investors really need to be watchful of such projects.
I recommend investing only what we can on any project even if they are looking so promising, belief me that team can start changing ways after few years or they start showing sign of weakling and everything can go bad from good, that's why it's wrong to depend on a token or coin
sr. member
Activity: 1246
Merit: 255
July 21, 2020, 12:25:17 AM
#55
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?

If you fill you bag now it will still be better real than those time you mentioned, because there is no point for the project to delay your reward at this time, many of those who used the bear as an excuse to cheat on people and frustrate them could enjoy it because of the pressure all around. Whatever you acquire from now is not too far from the real value, I will simply advice you make use of the Reasonable ones and ignore if possible the useless value.
sr. member
Activity: 1526
Merit: 251
July 21, 2020, 12:22:00 AM
#54
first of all you have to determine your investment goals for a short or long period of time.
if for a long time you only need to buy BTC and alt in the top rank.
if for the short term you can see the details of Coingecko coins and see the charts for several weeks.
some experienced a very high increase even above 200% for a coin.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
July 21, 2020, 12:06:12 AM
#53
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?

Until now majority of the project at the moment I could say its not good, due to most of them are not paying rewards in the end.
Or they may give but the value price of the token didn't last for long in the market where in a short period of time it became shit in the end.
This is the truth what I saw from different project before.
[/quote
That person desperate because they don't get paying at the end of the project. But I think right now will still be the best time to fill our bag because some of the altcoins already adjust the price to the new price, and if bitcoin price is not down for more, the altcoin will not going down to the lower price. That will happen too with many projects, especially with the new project.
sr. member
Activity: 1218
Merit: 254
Trphy.io
July 20, 2020, 11:57:54 PM
#52
Until now majority of the project at the moment I could say its not good, due to most of them are not paying rewards in the end.
Or they may give but the value price of the token didn't last for long in the market where in a short period of time it became shit in the end.
This is the truth what I saw from different project before.
That's because you are following wrong project, try to join IEO project created on a large Exchange, then you will get satisfying results. Like the Fx and IPX projects, until now their coins still good in the Exchange. For security, indeed it's better fill your portfolio with the top coins.
sr. member
Activity: 616
Merit: 250
July 20, 2020, 11:35:13 PM
#51
You are absolutely right but still, there are projects with flimsy usecases doing very well and some with solid uses and claims working product but ends up shutting down earlier than expected. I will still suggest we follow projects based on their years because old projects are more save and as new projects are getting older once can follow it up and invest but for these new projects with whitepaper promises may fail.
sr. member
Activity: 685
Merit: 250
July 20, 2020, 09:42:22 PM
#50
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?

Until now majority of the project at the moment I could say its not good, due to most of them are not paying rewards in the end.
Or they may give but the value price of the token didn't last for long in the market where in a short period of time it became shit in the end.
This is the truth what I saw from different project before.
hero member
Activity: 3010
Merit: 629
July 20, 2020, 09:27:45 PM
#49
You're right, not all coins with low price can recover back when bullrun season occur.

Only choose the coins that has potential by doing your own research about its use case and if it can survive for long period.

Bearish market is an opportunity to fill our bag however its a must to have a knowledge about the particular coin to make sure you did the right decision.
member
Activity: 952
Merit: 27
July 20, 2020, 08:11:49 PM
#48
.

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?

Usage and it's purpose should be high in the list if you are going to invest in any coins, all the coins that are already and doing well in the market have established these criteria, so it's better to invest on coins that are on top of the market than making a gamble on a new coin, of course it pays to be an early bird but the project should prove itself first.
hero member
Activity: 2814
Merit: 576
July 20, 2020, 06:59:26 PM
#47
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.


You are damn right, this space is highly unregulated and any wrong investmemt choice will result in huge loss and that's why everyone should be subjective to buy pressure, shillings and FOMO because without thorough research to know if the product a project is developing worth what it's take to be adopted, you will run on a loss if you invest in such a project.... It's not always about investing randomly but rather investing wisely in value addictive projects
Yes. We should be more cautious in choosing projects or coins to invest because if we keep on believing that it's good to fill our bag with different coins and without even making research, we might end up in a huge loss. Keep on DYOR before making such investments so that we can minimize more losses in the future.
hero member
Activity: 1106
Merit: 502
July 20, 2020, 06:57:03 PM
#46
therefore we must first analyze the project before investing if we are still hesitant to invest in the project, we are better off investing in altcoin which is in the top position right now, where the prospects for long-term investment are clear.
Before investing in any project no doubt we must make some research about that. That is right altcoins which are top positions the best choice for investing in the long term. That is why l think their price will be higher than others, we can make good profit from this investment in the future.
to be safer I prefer to make long-term investments in coins which in my opinion have the potential to see the supply of coins owned and after that I will buy as much as I can, one of them I will focus more on bitcoin because you know that the total bitcoin supply which is very limited can give a lot of profit because when it is increasingly difficult to get bitcoin then the price can go up to be expensive.
full member
Activity: 560
Merit: 102
July 20, 2020, 06:35:02 PM
#45
If for long-term investment, fundamental analysis is needed to see the potential of the project. Do not make other people's opinions as to the main assessment, you must have an independent analysis in order to really have a solid foundation to support the project. You also have to understand the current trend in the market, for example, at the moment the Defi project is highly favored.
All things have risks, the size depends on our readiness to reduce these risks. Mental must also be strong, if we are ready to profit, we must also be prepared to lose.
hero member
Activity: 2856
Merit: 674
July 20, 2020, 06:10:51 PM
#44
therefore we must first analyze the project before investing if we are still hesitant to invest in the project, we are better off investing in altcoin which is in the top position right now, where the prospects for long-term investment are clear.
Before investing in any project no doubt we must make some research about that. That is right altcoins which are top positions the best choice for investing in the long term. That is why l think their price will be higher than others, we can make good profit from this investment in the future.
Maybe a little safer than the others that has a low volume, but in terms of price in the future, it's not guaranteed as we never know what the market would be in the long run, there's a lot of altcoins that are very cheap or undervalued in the past that suddenly pump overnight and with that, a lot of investors make money as they took the risk when the coin or token was still almost worthless.

The thing is, when we are investing, regardless of what coin, we always look at the risk and its potential, of course we can invest on both, low risk and high risk, hence we can expect the low and high reward respectively if they succeed.
jr. member
Activity: 41
Merit: 1
July 20, 2020, 06:06:58 PM
#43
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.


You are damn right, this space is highly unregulated and any wrong investmemt choice will result in huge loss and that's why everyone should be subjective to buy pressure, shillings and FOMO because without thorough research to know if the product a project is developing worth what it's take to be adopted, you will run on a loss if you invest in such a project.... It's not always about investing randomly but rather investing wisely in value addictive projects
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
July 20, 2020, 05:56:45 PM
#42
therefore we must first analyze the project before investing if we are still hesitant to invest in the project, we are better off investing in altcoin which is in the top position right now, where the prospects for long-term investment are clear.
Before investing in any project no doubt we must make some research about that. That is right altcoins which are top positions the best choice for investing in the long term. That is why l think their price will be higher than others, we can make good profit from this investment in the future.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
July 20, 2020, 05:35:44 PM
#41
That depends on the tokens you’re trying to fill your bags with. There are already good tokens that you can invest in wouldn’t have problem.

It’s just like the top coins in the market, we have Bitcoin if you’re filling your bags with Bitcoin when the price is low there is really nothing you will be regretting later, because we know for sure that Bitcoin won’t be going anything less than it did during this pandemic. Other top altcoins too, like Ethereum, that one is for sure because it correlates with Bitcoin and would follow the same movement.

I have no problem investing with bitcoin or eth but for those users who want to explore the world of tokens, they do really have to do their homework. Because most tokens have very short lifespan. And if you can't follow their progress, the chance that you will get rekt is high. They just disappear in no time or slump their price without reason, because the team already left their project.

True. It's a must to value your time in sorting out those tokens, its hard to pick as the chance that token will rekt you up once the developers runaway and forget about the project. There are many things that you needed to consider before picking what coin to invest your money,
the more you go deeper the higher the chance that you'll be able to find the right assets to store and be kept inside your wallet.
sr. member
Activity: 1988
Merit: 275
July 20, 2020, 05:05:04 PM
#40
That depends on the tokens you’re trying to fill your bags with. There are already good tokens that you can invest in wouldn’t have problem.

It’s just like the top coins in the market, we have Bitcoin if you’re filling your bags with Bitcoin when the price is low there is really nothing you will be regretting later, because we know for sure that Bitcoin won’t be going anything less than it did during this pandemic. Other top altcoins too, like Ethereum, that one is for sure because it correlates with Bitcoin and would follow the same movement.

I have no problem investing with bitcoin or eth but for those users who want to explore the world of tokens, they do really have to do their homework. Because most tokens have very short lifespan. And if you can't follow their progress, the chance that you will get rekt is high. They just disappear in no time or slump their price without reason, because the team already left their project.
hero member
Activity: 2534
Merit: 586
July 20, 2020, 04:57:22 PM
#39
That depends on the tokens you’re trying to fill your bags with. There are already good tokens that you can invest in wouldn’t have problem.

It’s just like the top coins in the market, we have Bitcoin if you’re filling your bags with Bitcoin when the price is low there is really nothing you will be regretting later, because we know for sure that Bitcoin won’t be going anything less than it did during this pandemic. Other top altcoins too, like Ethereum, that one is for sure because it correlates with Bitcoin and would follow the same movement.
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