Have you heard of telos? | Bitcointalksearch.org

kotajikikox

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Quote from: bpchill12 on April 04, 2023, 07:37:43 PM

Hi everyone, I had recently heard of a coin called telos and decided to invest in it.

you have just heard recently but with good faith invested? deciding to invest just that?

like a shill account lol.

Quote

It seems to be an awesome project, it’s considered the fastest EVM (ethereum virtual main net) coin and seems to have an incredible community and strong room for growth (currently has a marketcap under 60 million with solid trade volume). They also have great staking rewards. I highly recommend you do your research on it and comment your thoughts!

how come that it comes to be a awesome projects by the way you mention this here?

I also cant see where is the solid trading volume in this?

https://coinmarketcap.com/currencies/telos/

Tytanowy Janusz

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High apy is not enerything. You must always ask yourself, "Where will the money come from?" If high apy is achieved via high inflation on coin (increase in circulating supply) and there is no real use-case and real user-base ... its not going to be a good investment.

goaldigger

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Telos seems to be a good one having their huge APY in staking but again, you have to consider other things as well. I see there’s a good hype for this project, and its community is huge as well, DeFi projects are still catching up, with this its is advisable to do your research before staking or investing but personally if there’s no big updates I’m out, especially with this token even if its cheapest now.

jacafbiz

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I feel the risk of investing in this token is high, this is not a new coin and has been around in the market for some time and I never heard of it, this is why it is at this level, it is a fork of EOS even EOS was able to gain traction a bit, even if I like the tech, what is there for me to use the chain instead of EOS or even Ethereum for EVM experience. The token has lost more than 80% of its value from ATH, which means there will be a lot of bagholder looking to dump on the market. Good luck, this is not for me

libert19

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lol telos, I know about this coin since 2018, they started as a fork of eos, appears they are riding on layer 1/2 hype train as well.

yhiaali3

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Yes, it can be seen that their coin has grown well over the past days, but it is still very low from ATH which reached around 1.4$ while now its price is only around 0.14$, which means it is still down 10x.

In my opinion, DeFi projects built on Ethereum are no longer attracting more attention.

Tytanowy Janusz

legendary

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Quote from: bpchill12 on April 04, 2023, 07:37:43 PM

Hi everyone, I had recently heard of a coin called telos and decided to invest in it. It seems to be an awesome project, it’s considered the fastest EVM (ethereum virtual main net) coin and seems to have an incredible community and strong room for growth (currently has a marketcap under 60 million with solid trade volume). They also have great staking rewards. I highly recommend you do your research on it and comment your thoughts!

Looks like paid shilling. First of all no self-respecting investor would write something like "and decided to invest in it" based on:

1- incredible community (that cost 5$ per 1000 members on telegram)
2- strong room for growth (with 60 million marketcap!). 60 million for a project that no one use? With literally 0 user-base? "strong room for growth" is based on what?
3- great staking - "great" is a professional term straight from the nomenclature of a professional investor

"Benjamin Graham, along with David Dodd, attempted a precise definition of investing and speculation in their seminal work Security Analysis (1934). “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return."
https://blogs.cfainstitute.org/investor/2013/02/27/what-is-the-difference-between-investing-and-speculation-2/

"promises safety of principal and a satisfactory return." not "great staking"

FrozenBit

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Quote from: bpchill12 on April 04, 2023, 07:37:43 PM

Hi everyone, I had recently heard of a coin called telos and decided to invest in it. It seems to be an awesome project, it’s considered the fastest EVM (ethereum virtual main net) coin and seems to have an incredible community and strong room for growth (currently has a marketcap under 60 million with solid trade volume). They also have great staking rewards. I highly recommend you do your research on it and comment your thoughts!

You are not a new case this space is driven by the hype of the very projects you introduce, I find it worthy of attention but not a great choice when it comes to concepts. that you prompt EVM.
And I advise you, if you only see it from people you think are good at this field, be wary, judge for yourself to see what extent and potential that project can do in the market and the competition its with similar projects in that field.

dansus021

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First of all, EVM stands for (Ethereum Virtual Machine ) - https://ethereum.org/en/developers/docs/evm/

and every chain will consider fastest than others Grin

But still, telos is great although Im never uses only hearing it and scalping the 24H volume right now at ~ 2 Million and according to Coingecko the rank is around 500 so I would say this coin has the potential.

Like other EVM it needs a push lot of DeFi .

bpchill12

newbie

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Hi everyone, I had recently heard of a coin called telos and decided to invest in it. It seems to be an awesome project, it’s considered the fastest EVM (ethereum virtual main net) coin and seems to have an incredible community and strong room for growth (currently has a marketcap under 60 million with solid trade volume). They also have great staking rewards. I highly recommend you do your research on it and comment your thoughts!

Topic: Have you heard of telos? (Read 91 times)