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Topic: How to know if the project has a big future. - page 2. (Read 673 times)

newbie
Activity: 38
Merit: 0
December 19, 2021, 06:03:32 AM
#74
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Well not risky at all If you trust the team, the concept is great, the community is helping out the project and the quality of product is dope
GENE is powered by Solana and I'm pretty sure Genopets has a bright future
hero member
Activity: 1260
Merit: 504
December 18, 2021, 01:32:44 PM
#73
I am not expecting this coin will do binance actually soon, and I am certain each coin that all around recorded on binance have an incredible guide and likely arrangement. The game was prepared and magma courses will be begun one week from now. I see that this conceivably to follow affair to be recorded in coinbase and we all trade destinations.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
December 18, 2021, 08:15:57 AM
#72
According to this theory my idea is that any new project first you look to the project community and what they distribute and the another thing check there Road map what the next info of the token they launch are any new big exchange .
And the community and team show all the things they show the project are strong are not there work show project team are promising and honorable are not so that is very good to first see so you easily say the project are a big future are not.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 17, 2021, 03:40:08 PM
#71
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Never sell a good token or coin too early , I've made this mistake several times since I got into crypto.
Another mistake which you wouldn't want to or like to make is buying when the token or coin is already high, don't buy a coin when it's just listed cus you are likely going to later sell them off at a great loss, check out dego token, it got listed on binance and it pumped to over $40 usd, few days later, it went back down to below $8 usd which was its initial price before the binance listing.
hero member
Activity: 1512
Merit: 874
December 17, 2021, 03:14:33 PM
#70
If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?
at a time when the PYR was still high and new to me this was an opportunity but it couldn't be long term mostly. this made me so less confident and I only took short-term opportunities. because sometimes PYR is still high, many people rush it and take it short term, which I often see. depending on each project also different other responses..?
That's why it's all just a coincidence and it's so hard to guess a good project. In activities in cryptocurrency, making profit is the goal and when the profit obtained is still not enough, it is called greed and many are disappointed with greed.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 17, 2021, 03:04:49 PM
#69
If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?
at a time when the PYR was still high and new to me this was an opportunity but it couldn't be long term mostly. this made me so less confident and I only took short-term opportunities. because sometimes PYR is still high, many people rush it and take it short term, which I often see. depending on each project also different other responses..?
For new projects, that was really hard to make a long-term investment as they are proven yet and mostly just run through hypes which made their price spikes. What I do is to look into their trade volume and once seeing an established market spread, that is the time to make a decision about buying but, of course, I don't spend a lot with them as I'm still confident investing known coins.

Indeed, right. Deep research is somewhat helpful to know if the project has the potential or not, but saying long-term investment, seems really hard.
member
Activity: 1316
Merit: 10
December 17, 2021, 02:31:23 PM
#68
If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?
at a time when the PYR was still high and new to me this was an opportunity but it couldn't be long term mostly. this made me so less confident and I only took short-term opportunities. because sometimes PYR is still high, many people rush it and take it short term, which I often see. depending on each project also different other responses..?
hero member
Activity: 1946
Merit: 502
December 17, 2021, 01:49:38 PM
#67
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.

If not for the recent hack volcan forge experience, the coin was doing really great, the team are working hard to put things back on track and finding solutions to ensure the hacker don't enjoy the stolen pyr, and they also plan to conduct  a buy back to help support the price,
If you haven't buy before,  this is a good time to buy, the overall market is down and lots of good alts are cheap to buy in now. Volcan forge is a very good Metervase project that has a bright future.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
December 17, 2021, 09:54:23 AM
#66
If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?
Cryptocurrency calculations cannot be seen when the price increases after selling it. When deciding to sell PYR, the trader has already made a profit, so it's not a loss. The profit earned is a proper result for every effort. How about after holding it the price of PYR continues to fall. This is the true nature of cryptocurrency, the price is unpredictable.
hero member
Activity: 1512
Merit: 874
December 17, 2021, 08:45:29 AM
#65
If the profitable opportunity still exists and you still believe, then please buy. Because each of us involved in the world of buying and selling in crypto has a different strategy even though we have the same goal, which is to make a profit. It just so happened that the PYR project improved as you mentioned. Imagine if the price of PYR when you sold it at the current price was much more expensive when you sold it, would you lose?
hero member
Activity: 2338
Merit: 737
December 17, 2021, 08:22:30 AM
#64
The scam belongs to a bad group of projects and research is required to be done every time when you want to join, you need to do various research. For me, one of the most important things in a good project is the team. The team really determines the course of the project.
Teams can also be faked by scammers and this has happened in the past, so identifying the project team alone is not enough to make everyone avoid what is called a scam because it doesn't happen by itself but because of the intentions of several people.
member
Activity: 672
Merit: 10
umachit.fund
December 17, 2021, 07:51:44 AM
#63
To know about a project that has a big future. For example the PYR project. At first we immediately sell because the price will fall if we do not sell immediately. But now we can see how the progress of this project. Sometimes a seemingly mundane project can become a gem.
Yes cases like that often happen and it's not easy to know whether the project is a potential project and has a bright future,
to know that we need to do research all the time and I think that's important,
because sometimes there are projects that are predicted to have a bright future but end up being scams
From incident to incident that has happened, to find out a good project is not an easy job. Of course we must continue to find out by doing various research after research starting from the team involved to the promotion of the project.
Besides it is not easy to find good projects, we are also still haunted by scam projects,
we can't deny that there are still a lot of scam projects so we have to be really careful,
at least we have to do routine research on the project
The scam belongs to a bad group of projects and research is required to be done every time when you want to join, you need to do various research. For me, one of the most important things in a good project is the team. The team really determines the course of the project.
full member
Activity: 672
Merit: 100
December 16, 2021, 09:49:04 AM
#62
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Every positive move is an indication of a new ATH and once there is a massive demand watch out for an inflation you were too quick to pullout just a 2x profit and you felt that was all not knowing there are more potential to take pyr even further. It's never late to buy but at the point the risk margin should be tighter as the market has made lots of moves
Especially the metaverse trend is still hype and PYR is a metaverse coin that has great potential because it was developed by a team that is competent in its field and this is the right moment to enter the market because according to the chart it still shows resistance prices just waiting for the breakout moment to reach new ATH
sr. member
Activity: 1036
Merit: 311
December 16, 2021, 07:11:29 AM
#61
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.
Every positive move is an indication of a new ATH and once there is a massive demand watch out for an inflation you were too quick to pullout just a 2x profit and you felt that was all not knowing there are more potential to take pyr even further. It's never late to buy but at the point the risk margin should be tighter as the market has made lots of moves
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
December 16, 2021, 04:17:15 AM
#60
I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.
It is indeed very difficult to eradicate the scammers who are in cryptocurrency now, although some people have been able to identify it through several ways which also will not be optimal to prove they are scammers so everyone needs to find a wiser solution for this in a way avoid it through indirect trust for every offer they open to everyone in cryptocurrency.

Legit project especially on DeFi world has a huge VC backing them plus prtnership of well known project to boost there trust rating to investors. They usually complete a smart contract audit from trusted audit company like Certik before they launch there investment plan for there company. In short, You will see already how trusted there company by all the things they offering in the website. Most of scammy shit project usually start from scratch and backed by nothing plus they always use  other well known project without any source link to confirm there partnership.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
December 16, 2021, 04:08:56 AM
#59
If there is a new coin that pumps up to hundreds of percent and can last for at least 1 month then I'm sure this is a good project and will continue to grow, a good project is of course supported by good financials from investors or owners, and this can be easily seen at coinmarketcap or coinecko charts.
The OP is asking about Futuristic coin and not those Shitcoins and Pump and Dump currencies/tokens.

not because the price goes High in a Month time or even a Year this means the project is successful because there comes a time that it is just manipulated and then after they bagged the funds then will dump the project and investors will remain losers.
full member
Activity: 994
Merit: 101
December 16, 2021, 01:44:04 AM
#58
If there is a new coin that pumps up to hundreds of percent and can last for at least 1 month then I'm sure this is a good project and will continue to grow, a good project is of course supported by good financials from investors or owners, and this can be easily seen at coinmarketcap or coinecko charts.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 15, 2021, 11:58:30 PM
#57
I think this is a difficult thing to know whether the project we are following is good or not, scammers always know how to convince investors, they can make social media, discussions on discord or telegram look like real, what we can do is invest with a high value we think is lost.
It is indeed very difficult to eradicate the scammers who are in cryptocurrency now, although some people have been able to identify it through several ways which also will not be optimal to prove they are scammers so everyone needs to find a wiser solution for this in a way avoid it through indirect trust for every offer they open to everyone in cryptocurrency.
Well, previously there were many projects that looked promising out there, but in the middle of their development they became scams. In the crypto world, especially bounties, surely many people have heard of the Centra project, or CTR. I think that it is a very good coin, because it pleases investors, as well as the bounty hunter. well, i think that the CEO has the insight, and the way of development is really amazing, and i think that the project is far from being a scam. however, in the midst of its development, the team was tempted by a lot of money and cheated a lot of people. At that time, I learned that it is very difficult to know if the project is a scam or not if the team or the founder of the project had that intention from the start.
well, all we can do is do in-depth research, so that when there is a sign of a scam, we can sell the asset first, or we can avoid it from the start.
hero member
Activity: 2744
Merit: 588
December 15, 2021, 05:38:12 PM
#56
It's hard to know whether a new project will turn out to be big or a scam, like a few years ago when the Monaco Card project which is now rebranded as Crypto.com, at that time there were many attacks from various people including in this forum who did not believe in the Monaco card and only thought scam project, but now crypto.com has become a big project and has great capital power, proven to be a sponsor of the UFC.
This is related to my previous response, there are projects that are not scams but that never realize their true potential, and why is that? Execution, many times we see tens of projects that are very similar to each other, and the market does not have space for so many projects so only a few of them will become successful, and most of the time everything will depend on how the developers are able to ground their vision and make it a reality, and unfortunately most of the time it is impossible to tell beforehand which project will prevail and which one will fail, so at some point you will have to take a risk and choose the project you think has the highest chances of success at implementing their goals and make them a reality.

One thing to look at is if the team is not relying from crowdsourcing to implement their tasks.
Because if a project is heavily dependent on how much they will get from public, I don't think they have financial capability to move forward.
And high likely that they will abandon the project if they have no more funds to continue, even if they want to.
So better look for projects with active developments and have good financial backers, because one way or another, they will push thru their goals because they have private investors that can finance their activities.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
December 15, 2021, 05:32:16 PM
#55
I was a holder of the vulcan forge/pyr token I buy it for 2$ and I already sold it for only 2x profit and as what I have seen today it is mooning and listed to binance and it has now a very big potential to go even further from it's price today. I see gaming project is rising and has a very big demand for this present days my question is should I buy pyr today or is it more risky to buy it now?.

You should always bare in your mind that new tokens with strong developments could take long journey, most specially when it's backed up with good company. Upon checking PYR was now listed at Kucoin which is also a popular exchange, maybe if you continue holding your bought tokens I guess you'll take huge gains by the time it reaches previous ATH.
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