Topic: It doesn't mean that the price of a coin is high, means they are worth investing - page 3. (Read 914 times)
June 21, 2018, 09:35:27 PM
Exactly! Whatever the time or ups and downs of prices, it will always be the best time for investment.
June 21, 2018, 08:48:32 PM
It's not about the price of the tokens. I would like to emphasize that high valued tokens/coins DOES NOT REPRESENT THEY ARE GOOD TECHNOLOGY. Look at the price of their tokens/coins in the market, but they keep failing for the past 2 years and some are just starting up and failed right away before and after their launch with 2 MAJOR PROTOCOL BUGS. I am talking about EOS here, very disappointing.
You're perfectly right on this one though i am not referring to EOS but for the other altcoins that i am watching since then,they have high value but i see no future and looks like getting close to be pump and dump coins.its the same thoughts that asking in my mind that why are they hhaving high prices but they cant even give good payback for their investorsThis post is a eye opener for many users that wanting to invest in this kind of coins thinking they can gain big when they invest high
June 21, 2018, 08:47:02 PM
A lot of newbie are investing using the price value as their basis but of course its not good because not all valuable coins are deserved it, sometimes it is just being hyped and the price pump high.
All this proves once again that a sharp rise in the price of a token without a good product means nothing. Companies should focus more on the idea and only after they have a well-functioning product ready, carry out a PR campaign.
Some good coins are really working hard to improved their technology and this is where your money should be placed. Greedy people will try to enter in the hype coin and exit to take profit. June 21, 2018, 08:40:24 PM
True! some people only look at the price and they dont care about what the product offered by the project whether it is good or useless. Many project now have good product but still undervalued. But in the end still Project with good product will win.
Actually that is one of the factor that you should consider on what coin would you invest to. You must know the history of its platform inorder to be aware if it is really a good one. Truly it is right that price does not only the thing to know whether it is good to invest because some are just at its high value at this juncture but suddenly fails on the other day.
June 21, 2018, 08:37:14 PM
That's correct. But lower price coins have better chances to give you profit that higher ones.
For example If you invest while bitcoin is at $6K, you may expect upto a $12K rise but when you invest in coins at price 2 cents, they can bull upto $2 easily.
Technically yes, don't just look for the price of every coin instead go understand its technology and know if its really good for long term. Well, EOS still on higher value right now but since it is being hype right now maybe we will see people to come in without making any research, I'm looking for this technology before but after making time to review this coin well its really disappointing, ETH is still better. For example If you invest while bitcoin is at $6K, you may expect upto a $12K rise but when you invest in coins at price 2 cents, they can bull upto $2 easily.
June 21, 2018, 08:27:51 PM
True! some people only look at the price and they dont care about what the product offered by the project whether it is good or useless. Many project now have good product but still undervalued. But in the end still Project with good product will win.
June 21, 2018, 08:01:36 PM
That's correct. But lower price coins have better chances to give you profit that higher ones.
For example If you invest while bitcoin is at $6K, you may expect upto a $12K rise but when you invest in coins at price 2 cents, they can bull upto $2 easily.
For example If you invest while bitcoin is at $6K, you may expect upto a $12K rise but when you invest in coins at price 2 cents, they can bull upto $2 easily.
June 21, 2018, 07:44:39 PM
Id have to agree. The price of the coin does not mean it is worth investing. There are coins that are of low value but the project is very promising. But some people dont look at that anymore. People now look at how the market sees the coin before they invest.
June 21, 2018, 07:34:06 PM
All this proves once again that a sharp rise in the price of a token without a good product means nothing. Companies should focus more on the idea and only after they have a well-functioning product ready, carry out a PR campaign.
June 21, 2018, 04:04:06 PM
It's not about the price of the tokens. I would like to emphasize that high valued tokens/coins DOES NOT REPRESENT THEY ARE GOOD TECHNOLOGY. Look at the price of their tokens/coins in the market, but they keep failing for the past 2 years and some are just starting up and failed right away before and after their launch with 2 MAJOR PROTOCOL BUGS. I am talking about EOS here, very disappointing.
It is some what true, because the altcoin market lately has been heavily manipulated by the pump and dump strategy, but that is not always the case because i feel like the whole token and ICO have been like that since the beginning, people just invest in them when they are popular and good and as soon as they go on exchange they rush toward selling them, no matter how good or bad the coin is in terms of utility or the project that is supporting. June 21, 2018, 03:55:28 PM
I agree with you, there are valuable projects that don't worth a lot in the market like oax so I understand the falling altcoin market, it is not falling it is going to its actual value.
June 21, 2018, 03:36:39 PM
The price of a coin is high doesn't mean they represent high technology. It means they are highly valued. The price will fall and rise repeatedly but the value is all that matters.
June 21, 2018, 03:16:45 PM
You are absolutely right. I was also thinking so about EOS. I hoped that it will compete ETH But it really disappointed to all.
June 21, 2018, 01:49:47 PM
I totally agree with you on this it is not about the price only rather the projects it is involved in and the growth of it which determines the value of a coin. High price is of no use if it keeps on falling now and then.
June 20, 2018, 12:28:47 PM
It's not about the price of the tokens. I would like to emphasize that high valued tokens/coins DOES NOT REPRESENT THEY ARE GOOD TECHNOLOGY. Look at the price of their tokens/coins in the market, but they keep failing for the past 2 years and some are just starting up and failed right away before and after their launch with 2 MAJOR PROTOCOL BUGS. I am talking about EOS here, very disappointing.
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