I failed to notice this all along | Bitcointalksearch.org

alexandr1115

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Quote from: traderethereum on December 21, 2022, 05:45:24 AM

We will be smart once we find a project we think the project can improve on and develop more in the future.
But sadly, we don't know at all because the new project only looks good at the initial launch to attract the interest of the investors and after the launch, there are so many delays that they do so the investors lose faith in the team of the project.
This has happened many times with many projects and only a few have proven that their projects can provide something for their investors.
The key to investing in a new project is only to use the money you can afford, and then don't expect the new project to give you what you want because the new project has to face challenges from the market and compete with other new projects.

It seems to me a lot depends on how you filter projects! We need to understand in more detail what the project offers. At the expense of competition, of course, you correctly noted this. There is different competition in different spheres and therefore it is certainly worth considering. But I think there are many worthy projects on the Ethereum platform. It seems to me that the Ethereum platform is of great importance for the cryptocurrency industry. And altcoins themselves occupy a huge chunk of the market, probably the largest part of the market of all cryptocurrencies, and it is very strange to try to push them into the background. Of course, there are not entirely successful projects and this is also worth considering, but trying to push the altcoin market into the background is absolutely wrong!!

traderethereum

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We will be smart once we find a project we think the project can improve on and develop more in the future.
But sadly, we don't know at all because the new project only looks good at the initial launch to attract the interest of the investors and after the launch, there are so many delays that they do so the investors lose faith in the team of the project.
This has happened many times with many projects and only a few have proven that their projects can provide something for their investors.
The key to investing in a new project is only to use the money you can afford, and then don't expect the new project to give you what you want because the new project has to face challenges from the market and compete with other new projects.

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Quote from: nimogsm on December 14, 2022, 01:35:09 PM

I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

This is the new trend right now and we can't help but to choose any of these projects if we wanted to invest to assure our profit but this is not as easy as we know, because we need to have all the necessary information on when will they unlocked their tokens and to be as quick as we can to sell it because that's just how bad to invest in the altcoins nowadays, especially for the new ones like these. Others doesn't count the risk of holding it even after its unlocking period because they have trusted for the developers but most of the investors who bought it, will sell their tokens as soon as they have the opportunity to do so.

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Quote from: DanWalker on December 15, 2022, 04:53:39 AM

Quote from: nimogsm on December 14, 2022, 01:35:09 PM

I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

It looks like you have never participated in any private sale or coinlist sale rounds. If you participate in these sales, even though your tokens will be locked and unlocked according to the schedule, in return, you will be bought at a very low price, you will not be able to buy that price on exchanges. That's also how big investment funds like Binance or Coinbase are doing. All have advantages and disadvantages, depending on the choice of each person.

Anyone that invest in project that locks the majority or all their coins for a long time is simply making a mistake, since anyone that has been a trader or an investor knows that your timing is everything.

And if you cannot sell your coins during the time there is a crash or there is a pump and you have to let the opportunity pass then why bother investing in that coin in the first place? After all you are being stolen of your ability to decide when to buy and when to sell, which is pretty much the only thing a trader controls besides the amount of money you decide to use for that particular trade.

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Quote from: DanWalker on December 15, 2022, 04:53:39 AM

Quote from: nimogsm on December 14, 2022, 01:35:09 PM

I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

It looks like you have never participated in any private sale or coinlist sale rounds. If you participate in these sales, even though your tokens will be locked and unlocked according to the schedule, in return, you will be bought at a very low price, you will not be able to buy that price on exchanges. That's also how big investment funds like Binance or Coinbase are doing. All have advantages and disadvantages, depending on the choice of each person.

you are wrong, I took part in the early rounds of coin/token sales and understand how it works Wink

.I am talking specifically about the gradual unblocking of tokens and that this is not a convenient distribution model,as well as blocking for a year or more.Another thing is when after sales the term is a month or two, then it is permissible.

DanWalker

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Quote from: nimogsm on December 14, 2022, 01:35:09 PM

I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

It looks like you have never participated in any private sale or coinlist sale rounds. If you participate in these sales, even though your tokens will be locked and unlocked according to the schedule, in return, you will be bought at a very low price, you will not be able to buy that price on exchanges. That's also how big investment funds like Binance or Coinbase are doing. All have advantages and disadvantages, depending on the choice of each person.

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Quote from: Outhue on December 12, 2022, 03:14:37 AM

I thought I was an expert when it comes to picking good altcoins but I know nothing, all this while I never knew how important is vesting period when investing in crypto projects, no wonder some altcoins never go back to their ATH again.

I messed up pretty bad, I build a crypto portfolio with over 3 projects with bad tokenomics, if you don't know, vesting in another word means token lock-up, the team will lock part of the token supply for a period of time, and later they release them.

Fact is the release of those tokens will make the value of the token go down, have you ever look at a project with 20 billion supply that still has 0.86$ value per token in a bear market? That's the case. High max supply with high value. Very common with projects on token vesting.

If you buy such tokens you will lose money when the token unlock take place, watch out when making some choice with altcoins, also here is one of the few websites that keep track on projects token unlock

https://token.unlocks.app

Use it to your advantage

I agree that is the case most of the time but what if an altcoin in this example I am taking FUN token which has partnered with Freebitco.in website where you can lock them from 15 days up to 1 year and get up to 25% APY interest on them.I was not amazed by such scenario but now I regret not locking my amount of FUN tokens for one year as that would have given me like a lot more tokens,maybe I would have also lost but at least you get a higher number of tokens by doing so and supported by a large website like Freebitco.in gives me assurance it won't fail that bad this token.

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Quote from: Outhue on December 12, 2022, 03:14:37 AM

-snip

If you buy such tokens you will lose money when the token unlock take place, watch out when making some choice with altcoins, also here is one of the few websites that keep track on projects token unlock

https://token.unlocks.app

Use it to your advantage

actually I have known about this kind of problem since ICO trend in the past.
usually a new project will offer new tokens for sale and a portion of the allocation is locked for a few years and will be released soon when it reaches the specified time limit.
of course this will affect the price of the altcoin to decrease in price. when the lock is opened, it is certain that the large allocation that was previously locked will soon be sold as well and directly affect the supply in the market and cause the price to drop dramatically.

So until today after I learned about such an incident, I never invested in a new project that had multiple locked allocations

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Every wrong step in investing will provide valuable lessons for us so we realize that everything offered by a project only looks good in theory but in the market it is completely out of the control of the developer team, whatever is offered, don't ever be confident that it will provide a profit but what must be realized is the risk of loss that can be obtained because altcoins are full of surprises and are controlled by people who have a lot of money.

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That's why we have to be very careful when choosing a completely new project and always look for more information to find it. But it won't be easy because the new projects don't have a history of a project and the new projects may become scams right after they're launched.

I'm not really interested in those new projects and just pick those coins that are already doing well. This is a lesson for you: you must be careful if you want to invest in new projects.

wxa7115

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Quote from: nimogsm on December 14, 2022, 01:35:09 PM

I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

I am going to be honest and say that I did not knew this even existed, this goes against one of the most basic premises of this market, to invest in an altcoin and yet not being able to access your coins until those coins are unlocked is a ridiculous notion to me.

Anyone that does something like this is giving an incredible amount of power to the developers as they could always refuse to ever release those coins if they want, so in my opinion regardless of how attractive a coin may seem, if they have this feature enabled that should be more than enough to ignore the coin and never invest in it.

karmamiu

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Some of them would even say that the tokens are going to be burned slowly so the supply will be limited to a very specific amount and promised that the token prices would soar up. That's the most common reason i've heard about them. Some projects with a very good goal tends to die because of this kind of strategy that is why it's very important to be vigilant and be more wary rather than being a FOMO. This reasoning is more common amongst P2E games.

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Quote from: Outhue on December 12, 2022, 03:14:37 AM

(....)
If you buy such tokens you will lose money when the token unlock take place, watch out when making some choice with altcoins, also here is one of the few websites that keep track on projects token unlock

https://token.unlocks.app

Use it to your advantage

Wow, this is my first time seeing a platform just like this. I was just amazed when I visited this website and saw some top altcoins that is mostly or common I can see on social media or some forum that is shilling by other people, some of them are on the top list of token unlock dashboard.
But for me, I don't think that it will always be a dump every time there's an unlock event. Sometimes there's just a coincidence to the market like what we experience recently, which always dumping on the whole cryptocurrency market.

Mahanton

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Quote from: lalabotax on December 14, 2022, 05:25:19 PM

Quote from: Outhue on December 12, 2022, 03:14:37 AM

I thought I was an expert when it comes to picking good altcoins but I know nothing, all this while I never knew how important is vesting period when investing in crypto projects, no wonder some altcoins never go back to their ATH again.

And this is what also happened to me. I had more than 10 old coins and tokens that I thought it will rise up and pas the previous ATH in the bullish 2021. But, in fact, this was wrong. There will be new projects again that are better and better in the next bullish. SO, keeping the old altcoins will be not worthy it. I lost money because of this high expectation n my old altcoins. I don't think that it will have another chance to rise up again. So sad, but this happens to me and I cannot gnore it. Now, I am still keeping them on my wallet, hopefully to at elast get quite good price to bring back my money Grin

Lots are standing on the same feet of yours when we do speak about such condition which is something that very common scenario where lots had been bagholding lots or tons of shit coins into their bags
including me.Rather than on making myself get stressed on waiting up for some pumps then it would really be just stressful and could give out that kind of not good feeling.
Better to move on and dont mind off about those bag hold of shitcoins you do have because theres nothing you can do but to deal up with the reality
and just move on because it cant really be that something for you to avoid and its part of the risks.

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Quote from: Outhue on December 12, 2022, 03:14:37 AM

I thought I was an expert when it comes to picking good altcoins but I know nothing, all this while I never knew how important is vesting period when investing in crypto projects, no wonder some altcoins never go back to their ATH again.

I messed up pretty bad, I build a crypto portfolio with over 3 projects with bad tokenomics, if you don't know, vesting in another word means token lock-up, the team will lock part of the token supply for a period of time, and later they release them.

Fact is the release of those tokens will make the value of the token go down, have you ever look at a project with 20 billion supply that still has 0.86$ value per token in a bear market? That's the case. High max supply with high value. Very common with projects on token vesting.

If you buy such tokens you will lose money when the token unlock take place, watch out when making some choice with altcoins, also here is one of the few websites that keep track on projects token unlock

https://token.unlocks.app

Use it to your advantage

Yeah locking up altcoins is crazy for sure. Not knowing from day to day how the market will turn and nothing ypu can do about it is terrible. I have never been involved in any coisn or tokens that made me lock them up for a specified period. You need to be able to turn at any point. I'd steer clear from new projects that ties your money up. Usually ends badly

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Quote from: Outhue on December 12, 2022, 03:14:37 AM

I thought I was an expert when it comes to picking good altcoins but I know nothing, all this while I never knew how important is vesting period when investing in crypto projects, no wonder some altcoins never go back to their ATH again.

And this is what also happened to me. I had more than 10 old coins and tokens that I thought it will rise up and pas the previous ATH in the bullish 2021. But, in fact, this was wrong. There will be new projects again that are better and better in the next bullish. SO, keeping the old altcoins will be not worthy it. I lost money because of this high expectation n my old altcoins. I don't think that it will have another chance to rise up again. So sad, but this happens to me and I cannot gnore it. Now, I am still keeping them on my wallet, hopefully to at elast get quite good price to bring back my money Grin

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There is so many risks investing in a new crypto projects that do not have a strong team and tokenomics. We learn everyday so making a mistake should not be the end. There are many crypto project that has locked liquidity and this is one of the things that is keeping the project alive. Once the locked liquidity is released, the price and value will start depreciating continually and if investors start selling there holdings then there is chances that the price of the coin will desperately diminish to zero. This is one of the results of rug pull that many Crypto investors keep complaining about.

nimogsm

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I just ignore this kind of projects.I do not support the idea of gradual unlocking of tokens or temporary blocking.If I buy something, I want to have access to it,so the risks are reduced.And while the tokens are blocked,the price for them may fluctuate in different ranges.Why create problems for yourself?

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Quote from: Jawhead999 on December 12, 2022, 11:07:32 PM

The reason why the shitcoins price is decrease when the developer release the token is the holders directly dump their coins at the same time, since many people want to sell the coins, but there's no enough demand to buy it, the price will go lower and lower since it's worthless. It's similar like bounty campaign reward, during the bounty started the price is quite high and similar like their promise. But after the distribution done, the price will go lower 50% from the initial price.

What do we expect with a shitcoin? They don't have any technology so they are not worthy to hodl and if you insist to then you will only suffer more losses because the majority is already dumping their tokens. Not all tokens that are being paid in a bounty are shitcoins but there are also a few who are in better quality.

I think was only a coincidence that the value of the coins have dumped by the time they distribute the rewards but maybe there are times that it was intentional. It could be the team or the investors are dumping their coins before the distribution phase happens, so that they can still earn good before the hunters dump their coins and then the price dips. If you want to, you can hodl your token and maybe it will recover and rise more in the future.

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The reason why the shitcoins price is decrease when the developer release the token is the holders directly dump their coins at the same time, since many people want to sell the coins, but there's no enough demand to buy it, the price will go lower and lower since it's worthless. It's similar like bounty campaign reward, during the bounty started the price is quite high and similar like their promise. But after the distribution done, the price will go lower 50% from the initial price.

Topic: I failed to notice this all along (Read 376 times)