Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle.
Indeed. The trend or hype won't last forever, there is a time that it is over. And only a few coins/tokens from that hype survive well in the crypto market. We cannot deny this fact, but we can manage our investment wisely with that fact. We need to set our target for crypto assets realistically and no greedy. As long as the hype or trend is there, don't forget to take profits first if you think it is enough for you. Don't dream too high, so you don't realize that you miss the opportunity because of greed.
Topic: History will be repeating itself, invest wisely. (Read 1086 times)
It's been a worrisome development in this domain especially following the 2017 ICO booms and dumps. Many people have been ripped off their hard earned money over and over again. But that does not mean we have not seen very genuine and successful projects. There have been many of those and that's why I always advise investing public to their research very well before investing in any asset to be on the safe side.
Those that have been ripped off were the ones who just bought during the peak. They don't understand the nature volatility of crypto and they just rode the hype during that time.This time, the institutions are making it easier for us, old holders and investors in crypto because they're the ones that shows interest and it gives idea to the people who have no idea what cryptos are.
History will not repeat again and again, If it was bitcoin would be at $15k right now. But bitcoin keeps pumping to over 19k proved that bulls are in control. So you never know, it might pump to 25k or even 30k. But now time will say what will happen to bitcoin, but it's true and very risky to buy bitcoin now, as it is too expensive at this moment.
Maybe expensive in the sense that if you are basing from its previous ATH, but if btc will go to 25k or even beyond that, the price today is not expensive. Depends on where you are comparing it to. From the time the OP posted this thread, the btc was in the 10k level, so only few months and the money if someone invested at that time almost already doubled its capital. That's actually a very good profit out there.
History will not repeat again and again, If it was bitcoin would be at $15k right now. But bitcoin keeps pumping to over 19k proved that bulls are in control. So you never know, it might pump to 25k or even 30k. But now time will say what will happen to bitcoin, but it's true and very risky to buy bitcoin now, as it is too expensive at this moment.
I'm looking at the positive side of history, I would be glad to see if it will really repeat so I will make a decision that I failed to make during the last bull run. However, I'm not so confident it will happen but hopefully things will be the same so everyone could correct their mistakes.
The last bull run, particularly in 2017 taught us a lot of lesson, it would be so stupid if we will still allow ourselves to do the same mistakes again.
The last bull run, particularly in 2017 taught us a lot of lesson, it would be so stupid if we will still allow ourselves to do the same mistakes again.
History is already repeating itself as many have exited scam and many are already hurts. Defi came as a saver in Cryptocurrency world and now brought heartbreak to many. Alot lost huge and in dip tears. Let's just be extremely careful when investing to avoid loosing more funds especially this December period being festive season.
It's been a worrisome development in this domain especially following the 2017 ICO booms and dumps. Many people have been ripped off their hard earned money over and over again. But that does not mean we have not seen very genuine and successful projects. There have been many of those and that's why I always advise investing public to their research very well before investing in any asset to be on the safe side.
New innovations are the medium that Enables to inject new funds into the crypto market and everyone will want to take advantage of every opportunity for profiting. It's just like a cycle, new idea comes, new projects comes, and then many will die off, the trend also flames off and we wait for new trend. It has been repeating itself like this as history. Anyone that dosent know how to join early and take profit will be losing money to the wrong hands.
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for your advise.
Absolutely, true because of greed people cannot make a rational decision while investing in crypto and that's why they victim by investing in Ponzi scheme or scam projects. Bit connect is a great example for the people who had invested in it are lost their money just because of greed. That's why keep your greedy mind aside while investing. 
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for you advice.
You are right, greed is what makes us take the wrong steps. I also did it several times even though I already knew it was a mistake but it's hard to control everything. making wise investment and trading decisions is very difficult.
I accept that there is no good thing or free that is anything but difficult to purchase so we need to have a target perspective available. Right now, the tasks are expanding in worth excessively fast and the danger of contributing right now is tremendous. The organic market would produce the specific cost. Be certain what's the stockpile of the coin and what amount would you think it'd be requested in coming years.
Always have a benefit of the doubt, only the top 5 coins in the market deserves our trust other coins are still struggling, they can still fail and leave the project, if you invested on these kind of coins always get an update and news about their progress and if there's a hint that they are changing direction then by all means leave the project, do not have attachment to these kind of projects.
Those were the famous last words of coins like Bitconnect and Onecoin, though! They were for a very long time in Top 3 by marketcap, so I would say let's not jump to conclusions just because of capitalization random rankings.
Just look at Bitcoin and Ethereum, and the seriousness their users and developers have, actual economies, not vaporware.
Well said Op. It’s more than sure that history will be repeated. And very near we can see this maybe. How the Defi hype are happening in recent crypto world then, I think we will see very hard time more than past. And Yes I saw the news of sushi project, if we don't learn and don't be wise we will lose a huge again Imo. So don’t be greedy again especially when you will interested to invest in Defi project. Be cool and wise, investigate, take some others opinion if possible then decide to invest. Always keep in mind that it’s your hard working money. And you are the man who can secure it.
I could not agree more with you. The history will repeat itself as all people repeat what they did before.
I think more people had jumped into investing to “trending” projects even without having idea or sufficient information about it.
This may have been intensified due to the crisis we are in right now, and people think that this is the easiest way to earn.
Always have a benefit of the doubt, only the top 5 coins in the market deserves our trust other coins are still struggling, they can still fail and leave the project, if you invested on these kind of coins always get an update and news about their progress and if there's a hint that they are changing direction then by all means leave the project, do not have attachment to these kind of projects.
Those were the famous last words of coins like Bitconnect and Onecoin, though! They were for a very long time in Top 3 by marketcap, so I would say let's not jump to conclusions just because of capitalization random rankings.
Just look at Bitcoin and Ethereum, and the seriousness their users and developers have, actual economies, not vaporware.
All have got to decrease ravenousness and consider it carefully some time recently contributing. I believe that there's nothing great or free that's simple to purchase so we ought to have an objective see of the showcase.Nowadays, the ventures are expanding in value too rapidly and the hazard of investing at the minute is gigantic.
People who have not contributed within the past months ought to hold up instead of contribute now.Investors have still overseen to form a slaughtering out of this enormous buildup and defi trend.All were maybe mindful that these ventures will not be maintainable for long so they fair bet it considering the truth that the costs were flying and within the conclusion a few were victors and a few failures but rest guaranteed the great quality ventures will support and survive through all this for beyond any doubt.
People who have not contributed within the past months ought to hold up instead of contribute now.Investors have still overseen to form a slaughtering out of this enormous buildup and defi trend.All were maybe mindful that these ventures will not be maintainable for long so they fair bet it considering the truth that the costs were flying and within the conclusion a few were victors and a few failures but rest guaranteed the great quality ventures will support and survive through all this for beyond any doubt.
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for you advice.
Many crypto investors are leaving crypto in 2018 because they are stuck on the ICO project in 2017/2018. And they started glancing at the crypto market back when DeFi hyped up because maybe they were hoping to get a lost return on investment in 2017. But that’s uncertain to get a 100% return because DeFi will drop back on prices that have already risen very sharply in the market. But not a few also those who benefit from this hype DeFi project. For that they are in and out on every newly born DeFi project.
Only a fool will think this growth on DEFI is sustainable, any investment you make and you are able to double your money, take your investment and let the profit run. We saw how the 2017/2018 went, investment of $10k is less than $10 now and most of these prices won't come back to their ICO price because there are a lot of bagholders waiting to dump on you
This strategy of the project seems to be pumped while hoping that many investors will invest. but after the price dump they didn't do any more repairs and let. so for investment why should it be in tokens not in bitcoin or ethereum which is clearer from any point of view 
Yeah, I agree with u. Truly to say, I'm also interested in dex projects, just now read about new stablecoin dex - xsigma. They are backed by a public company and looks credible
This is indeed very interesting to follow, but I also want to know about what public companies are supporting about the new dex - xsigma stablecoin? because if this is true, then it will not be wrong to choose project dex from now on. i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token. i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
Yeah, I agree with u. Truly to say, I'm also interested in dex projects, just now read about new stablecoin dex - xsigma. They are backed by a public company and looks credible Jump to: