This is also one of the things that I want to know when the crypto rise up on 2017 people gets into it ,
And when it drops down they are all crying and screaming scams and other stuffs ,
I think most of them just invested without thinking and get blinded by the huge pump .
Most of the new investors doesn't really know anything about crypto they just get into it because of their friends or want to be the next rich people created by crypto currency.
Topic: Have you figured out what you are Investing in? - page 8. (Read 12266 times)
Okay, so after seeing the reality in the coin we are investing in, what do we do? And moreover, what is the reality that you are exactly talking about here, because the only reality I have seen on other crypto currencies other than BTC is that, they get listed, people invest, dump it for the profit and that is how the cycle goes.
What more reality do we have to face before investing in the so called altcoins, the only reality we would have faced was the advantage of crypto currency to our system but It looks right now to me that people are more interested in the money the system can offer and not the services cryptocurrency designed by satoshi offers.
What more reality do we have to face before investing in the so called altcoins, the only reality we would have faced was the advantage of crypto currency to our system but It looks right now to me that people are more interested in the money the system can offer and not the services cryptocurrency designed by satoshi offers.
The problem with people who are investing out of hype is that, they are not really aware what caused the hype. This is one of the main reason why a lot of people, usually or most of them are new people in cryptocurrency, had lost a lot of money and now blaming cryptocurrency for it. As an investor, it is our responsibility to be updated or at least aware of what we are getting involved to.
The hype is likely how they heard of crypto in the first place. Those who were lucky enough to cash out before it crashed might try doing it all over again now. The bagholders likely got burned and swore off crypto.
They'd only have themselves to blame for any loss though. One thing about stocks and similar stuff is by the time you hear about it, it's about to collapse and bring newcomers down with it.
I think people know how to pick the right currency in their investment then the fear of their profit will be very sure. But here people see that many people accept Bitcoin completely for their investment. It is seen that there are some more coins for investment, It is possible to profit from them also.
The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in? Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
Let say that some of people new in crypto will not totally know about what they investing in. Because some of them are more looking a hype or follow in the flow of hype. That's why some of them end to nothing because of lack of knowledge what crypto is. It's important that before we invest we need a lot of information about to what we want to invest in. I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in? Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
Let say that some of people new in crypto will not totally know about what they investing in. Because some of them are more looking a hype or follow in the flow of hype. That's why some of them end to nothing because of lack of knowledge what crypto is. It's important that before we invest we need a lot of information about to what we want to invest in. I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
This is one problem I have with so many people in the Crypto space, and I think the fault is from those who introduced them to the Crypto space, they told them that when they come into the crypto ecosystem, that they will see an increase in the price and their money will grow in no time, but forget to tell them about the technology itself and what they can benefit from the technology now and also in the future, this is why we lost a lot of persons after the draw back in price 2018.
People nowadays either enter due to mainstream news coverage (mostly because the price has pumped hard for months straight), or scam ads and groups on social media promising insane returns. In that regard, it doesn't surprise me that we're dealing with a group of people that is only out to make profit, and I expect things to get worse as time goes by.
In the end, the best way for people to come to sense is to lose money. Period. If you get rewarded for doing stupid things (i.e. blindly investing in shitcoins and ICO's) in form of profits, how stupid are these things actually? Stupid things should make people lose money, and it's good to see that they do more often than not. It's obviously not cool to see people lose money, but it is cool to see people learn and better themselves afterwards.
This is one problem I have with so many people in the Crypto space, and I think the fault is from those who introduced them to the Crypto space, they told them that when they come into the crypto ecosystem, that they will see an increase in the price and their money will grow in no time, but forget to tell them about the technology itself and what they can benefit from the technology now and also in the future, this is why we lost a lot of persons after the draw back in price 2018.
People will be focusing on money and that they'll oversee of its true purpose for its creation. The reality came that crypto is will be consider as a good source of income nowadays as it is use for investment but it never be like that forever when it finally be used as a currency. Crypto have it's good contribution to the community and we should appreciate if for its creation and we be able to used it in accordance of its purpose.
The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in? Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
Crypto investment is not just a mere hype because if we are an investor we will make an investment decision with an analysis. Why many people now blame cryptocurrency? I'm sure these people are new people and they suffered a big loss when the price of the cryptocurrency fell. It is not the awareness that we must correct but the greed that we must correct. They thought by making crypto investments they would get rich in an instant. Not that easy. I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
This is one problem I have with so many people in the Crypto space, and I think the fault is from those who introduced them to the Crypto space, they told them that when they come into the crypto ecosystem, that they will see an increase in the price and their money will grow in no time, but forget to tell them about the technology itself and what they can benefit from the technology now and also in the future, this is why we lost a lot of persons after the draw back in price 2018.
It is really funny to think that people are only attracted to hypes without even knowing the cause and what would happen next and ending up with the mindset that they were fooled and scammed. As an investor, of course, you have to know what will you get involved and what are the things that you would consider as the thread and advantages of that specific investment.
If you really want to earn a profit, then you have to make sure to be smart and using your brain instead of you being an impulsive person. Investing is something is expecting for a profit, and you have to make sure to achieve that.
If you really want to earn a profit, then you have to make sure to be smart and using your brain instead of you being an impulsive person. Investing is something is expecting for a profit, and you have to make sure to achieve that.
'Greed'
One of the reasons why people do easily being tagged by hype.When they do saw on money making opportunity they do easily jump in without even realizing on the things they are possibly involving.
Common mistakes of an individual when it comes to investing means.Always take a research and have second thoughts because not all things would really be easy.
-snip-
Why most of the trader always chasing the HYPE because it's easy than technical analysis, most of them cant make their own prediction using a TA that's why they always chasing a hype. Investing in a HYPE project its really easy for them because they only need to spread/shilling the news from the coins to make the FOMO/Hype more bigs.
The next hype will come. But I think this time it will be much slower. Too many ppl are scared by the last wave.
But when the train is starting, many newbies will follow and we will read/discuss the same next year
But when the train is starting, many newbies will follow and we will read/discuss the same next year
It is really funny to think that people are only attracted to hypes without even knowing the cause and what would happen next and ending up with the mindset that they were fooled and scammed. As an investor, of course, you have to know what will you get involved and what are the things that you would consider as the thread and advantages of that specific investment.
If you really want to earn a profit, then you have to make sure to be smart and using your brain instead of you being an impulsive person. Investing is something is expecting for a profit, and you have to make sure to achieve that.
If you really want to earn a profit, then you have to make sure to be smart and using your brain instead of you being an impulsive person. Investing is something is expecting for a profit, and you have to make sure to achieve that.
The problem with people who are investing out of hype is that, they are not really aware what caused the hype.
Of course they're not. They see asset X making the news by skyrocketing in price, hear about it over and over in the media and finally decide to gamble on asset X. In 2017, asset X was bitcoin. All throughout history, it's been other assets/investments/whatever. After all the little people have flooded into the market, any bad news can kick off a decline leading to panic selling. Once that happens, asset X crashes back down to earth.I didn't jump on the bandwagon in 2013 when bitcoin was booming. I was very skeptical and thought it was some stupid internet money that would never find a user base. I watched with detached amusement as the Mt. Gox debacle unfolded and bitcoin crashed. But I also saw that the community was strong and was composed of hardcore enthusiasts, and eventually I started believing bitcoin could be an excellent investment.
Right now I'm looking into staking PoS coins, which currently aren't being hyped to death, and some of them are trading at fairly low prices. I think now is a good time to get in, when everyone isn't pouring money into them and driving up the prices. By the way, that's called buying low and hopefully selling high. Heh heh.
Still keeping low and sideways.When the entire market tends to bloat again then we might see some possible profits if these things would react.
Yes I do every time when invested and I make the figuring out is always been in my mind set and it will one of the important thing to do everyone who are invested and make their development to stable here without doing some kind of thing like this you cannot feel like we are in good path that's why it is more important.
Currently, there are no great options like 2017, so I choose IEO as an alternative. But this also has high risks because of the beginning of projects that no longer bring profits to investors. Or maybe this will be the new era of cheap Altcoins.
Yes you are right most of the investment and ICO in this year are scam. So I can't even choose what and where to invest. EIO is one of the best but still not guarantee profit. I am thinking to just wait for the bull run and make money out of it so I am hoping it will be soon. The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in? Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
I really know about how can I made a decision in this time because I have no options about selling I had the only option keep my hold on for long time and it needs not to be more considering about my investment if the Bull Run was happening I definitely Keep following every time what my investment is going now. I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them, they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned, I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD, manipulations, FOMO and hype behind those coins.
Yes of course we need to figure out what we are investing into just to make sure we are in the right track. Some people invest because of emotions like greediness and go with the flow of hype which will sometimes end up like hell to their investments. I think long term investment with the trusted cryptocurrency like Bitcoin, Ethereum, Dash, Litecoin and Monero or those that are listed on top 20 coins in coinmarketcap are good choice.
A vast number of people tend to invest in coin which is viewed a promising and potential one. Especially, it goes without saying that investing in bitcoin is more highly attractive. Because bitcoin is the most dominant and a powerful coin in the crypto market as a whole, most people grow a big faith on it. Besides, altcoins is appreciate to invest effectively. In a nutshell, taking time to make some research before investing is necessary. 
Yes definitely it will be the most important process for every investors do in his investment and trading because the continuous thoughts about your investment will only make you to get the exact income for your investment and it will be the right idea to get your investment to a long period of time.
Jump to: