How to understand which sector is going to rise?

MarjorieZimmermanGinger

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Quote from: PercT4b on August 31, 2021, 01:11:10 PM

We are all now looking at Solana's impressive wave, a few weeks ago we have seen, instead, Axie and all the gaming sector rising.

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

Would be great to hear someone, who was previously owning one of those coins, what made him think "ok I believe this sector is going to rise up", maybe something related to certain news, big investors manifesting interest, or some events in the ""real world"" that could have caused this movement.

This is a combination of the game and the crypto sector, in describing the current and future conditions, there is no good preparation if it does not go through previous studies and evaluations, many people do things not based on previous experience, so what is done is only as an example of failure.

Big investors will continue to dictate every event that affects the crypto world, they tend to use power in doing anything, that's why don't invest without good knowledge, because basically we are very dependent on market conditions that will happen in the future, the real world is not about results, but need careful preparation.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: PercT4b on August 31, 2021, 01:11:10 PM

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

Use your common sense, if someone did know that, they would become the next richest person in the world. But very few people have been able to predict things, most of the predictions come in after something starts.

Quote

Would be great to hear someone, who was previously owning one of those coins, what made him think "ok I believe this sector is going to rise up", maybe something related to certain news, big investors manifesting interest, or some events in the ""real world"" that could have caused this movement.

Most of the cases start with the owners hyping out their own coins. This is taken up by many naive newbies and they add to the hype even more.

Buzzwords are very common in the economic sector and social media. At one time blockchain was the buzzword - you might remember the terms Cloud Computing, Machine Learning and so on. With advancement maybe these things will rise in future but nobody really knows which one will in reality take off or if you may live long enough to see it take off.

It is better to not dawdle in such stuff, often the hype is fake and worthless. On the other hand, investing in bitcoin is always a good option and an easy to make decision.

RussianEnglishTranslation

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Quote from: PercT4b on August 31, 2021, 01:11:10 PM

We are all now looking at Solana's impressive wave, a few weeks ago we have seen, instead, Axie and all the gaming sector rising.

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

Would be great to hear someone, who was previously owning one of those coins, what made him think "ok I believe this sector is going to rise up", maybe something related to certain news, big investors manifesting interest, or some events in the ""real world"" that could have caused this movement.

The gaming and gambling sectors will definitely rise, that's why I am investing in NEAR protocol and tokens listed on mixercasino and watching what play3d.games does closely.

molsewid

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Quote from: guydin on September 01, 2021, 11:42:28 PM

I am used to relying on different indicators. The most powerful like you said is investing of whales, big investors and influencers. Also I often judge from this platform. For example, at the beginning of this summer almost all topics were about dogecoins and other meme coins. Now I see that hype is around NFT-projects and NFT-gaming. I had an experience that I invested in one coin, just because it organised airdrop and also gave an opportunity to buy this coin, so I took part in airdrop and also bought a bit, and some time later I saw that one authoritative blogger also recommended this project.

I would like to learn how to read and rely on indicators because to be honest I'm not good by just looking on an indicator and what makes me informed about the new trend project is by the hype of other traders and investor and influencers that's why most of time that I've invested in a project I came to a mid-stage of the project which sometimes I think I'm already a late comer. Now, I am glad that I had joined in a community of investors that updates which projects is good to invest and it help me a lot to be updated on a new rising projects aside from my own research.

bittraffic

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It doesn't rely on indicators. When projects are hyped like the meme coins and NFTs, they are going to rise whether Bitcoin and ETH are not bullish. Just like Defi projects that are hyped, these projects also spiked that we see them still alive today while others are saying DEFI will die soon. Well, they are not, they are here to stay also.

There is no way to understand which kind of tokens going to pump but if you wanted to make sure you profit every time, just invest in BTC. You can never go wrong with it.

guydin

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I am used to relying on different indicators. The most powerful like you said is investing of whales, big investors and influencers. Also I often judge from this platform. For example, at the beginning of this summer almost all topics were about dogecoins and other meme coins. Now I see that hype is around NFT-projects and NFT-gaming. I had an experience that I invested in one coin, just because it organised airdrop and also gave an opportunity to buy this coin, so I took part in airdrop and also bought a bit, and some time later I saw that one authoritative blogger also recommended this project.

el kaka22

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When it really doesn't fall down at all and keeps going up. You could always understand it from that. When pancake first started there were no bad period, it was around 2 dollars for a very long time but it never sucked, it kept going and going and going and eventually we know how defi world changed the crypto world.

Now, axie is the same, back when it first started it didn't suck, it wasn't horrible, it was the same thing that you could have imagined, and it just grew and grew. So, how you could understand? List all the brand new things, then keep on checking them once a week, if for a while it doesn't go down then that one deserves a bit of money, like let's say for 2 months it didn't drop? Buy a bit of it, then after 4 months it didn't drop? Buy a lot more. That is the type of thing I do and 50% of the time that works, I have seen things that drop after years too so it is not always correct.

JeffBrad12

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That's pretty interesting to discuss but it seems quite impossible to predict it, what you can do to take a look at what kind of new project was coming to the field. This will increase the possibility to know which new project that will be hyped by the team. I should remind you that if you are seeing so many trends and they were coming from the new implementation that brought by the new projects.
This can be a clue for you to know what will be the next trend although this has small accuracy it's still worth trying. Im also actively investing in various new projects that were coming to the market with fresh or repetitive ideas with a new concept.
Defi, NFT, Play to earn, Metaverse (this probably come very soon), The next maybe the new concept for the implementation of NFT on AR maybe

bluebit25

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In fact, any profession or field has opportunities and possibilities for growth if you know how to take advantage of some understanding of it. And the same goes for the cryptocurrency sector, above all platforms are created for a purpose, ask yourself have you ever cared about what it will do or just look at it price. Honestly, for me its value is proven by what it serves and delivers rather than numbers

semobo

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Predicting the future is impossible so nobody knows.

It maybe an instinct or acquired from the deep knowledge and analysis.

All those upcoming and new projects fades after a while so it better to invest on the established rather than sn upcoming one.

(o)(o)ilikeboobs(o)(o)

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If you are not sure which sector will rise then choose the best cryptocurrencies in each sector and buy them. Wait until all your crypto holdings increase one by one.
That's how you can eat the greasy crypto pie. This way probably won't make all your money in one trend but it helps you to evenly distribute the cash flow and balance the risk.

cabron

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Maybe they just pumping these tokens. Ifyou have watched streamers in crypto, some of them are just explaining that SOL is the next preferred investment of the institutions. I'm not very familiar with SOL but maybe their project really has a good selling point making investors see it going to go up too.

Platforms tokens like ETH, BNB, DOT, MATIC, WAVES, VET and so much more are actually very much profitable in the long run, but SOL just accelerated faster.

SyndicateLabs

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Quote from: PercT4b on August 31, 2021, 01:11:10 PM

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

I noticed a problem like this, most people only start to care when it goes up in price, and very few people care from where it started. It's a difference in opinion about a project, and it's not for the masses

. We all see opportunities from what this market offers, but trust only comes when we experience it, in other words buy and wait if you can, of course dyor and everything fades to transparency.

yazher

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We don't know and if someone knows that already, he won't gonna tell us because it will ruin his income. I think the best thing we can do is to experience it ourselves especially those people who work with computers every day. They can expand their research and take some risk if necessary to try to invest in the right project before it increases its price. I know the feeling when you see the price of tokens increase up to 10x just after a few days of being released but the problem here is the choices that we have. We have at least 1/10 of the chances to get that project if we don't do proper research and we will likely fail to land on the right one with that scarce chance.

sheenshane

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Quote from: PercT4b on August 31, 2021, 01:11:10 PM

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

There's no way to know, everything in the crypto world would have remained unpredictable. There will be always hype and it might this SOLANA is under hype that's the reason the price keeps pumping.

I believed that NFT PTE games will most likely have the potential to gain popularity in the next hype, there are a lot of gamers in the world that are willing to adopt this kind of PTE game or play to earn and most of them are willing to invest and hoping to gain profit multiple times upon their capital. I think this sector will be a potential one but of course, there's no assurance at all.

GreatArkansas

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It's kind of popularity or where the hype is. Just like what happened on Axie Infinity, Axie itself (NFT) has become now cheaper compared to the past few weeks, but their governance token (AXS) is still neutral, with no huge dumps happening to compare to SLP (token get while you are playing).

Speaking of Solana, we saw a huge growth here, if you take a look at TVL on Defi platform under Solana, massive volume, so this is my main reason that's why Solana went to an impressive wave. DeFi on very fast and low transaction fees is the key, as Ethereum itself still has high transaction fees, so probably some Ethereum users transferred to an alternative one, just like Solana.

jakasantosa

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Think better

There is no guarantee about the sector that will rise in the future, what can be predicted is to see the team that works well in the sector will really produce an increase.

shinratensei_

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Quote from: PercT4b on August 31, 2021, 01:11:10 PM

Might be a really stupid and childish question, but how do you understand which crypto sector is going to gain popularity and then capitalization?

It can be seen based on hype, when there are lots of people have been talking about such sector and the hype will be going there. You can also try to get some clues from the big boys on the Twitter.
I have been investing in AXS when it was less than $1 dollar caused by i was seeing the potential of a play-to-earn game on NFT.
This is a difficult task but you can start to see that some shilling twitter. There are some twitter accounts that were actively promoting what kind of coins that have started to gain more and more demand.
This time metaverse will be booming as some popular metaverse projects already started to grow. i were also taking it as a variable to determine which sector that will gain more popularity.

When some big boys are starting to talk or shilling about that and im sure that will become the next trend.

swogerino

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A friend of mine says that he always buys a big quantity of the new coins when they come up at really low price like 0.000x dollars for a coin.He says that he doesn't care about 50 dollars that he throws at each coin,he says to me that even if just one coins goes to 1 or more dollars for a coin he will be happy.That is a way which I am tempted to try myself but honestly as already said there is no real way to find the trend since the beginning of a coin,it is impossible at least for me.

batang_bitcoin

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There is no way to know which is going to rise next. You only look to the market and see which of them is going to have that pattern through their charts and which is skyrocketing.
It is easy to know which is going to be dumped because after those pumps, it is known that dump would be next for these altcoins.

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