Topic: Know what you getting into - page 3. (Read 645 times)
Getting into crypto space, there are some things to learn ranging from knowing good project, when to invest in a project. As we all know that Rome is not built in a day, before starting crypto learning the basics is very crucial. Newbie have a lot to learn you can't just jump into any project which can only be don't through a lot of research.
Many don't know what they are getting into that's why they feel like they can buy coins at any time, the most important part when investing in crypto is the right time to buy and the right time to sell, without learning all this you will definitely make the wrong decisions
Only some people do not know what they are dealing with, especially newbies who have just entered the market, so they are often wrong in making decisions, so do not equate everyone in this regard, because the experience in the field of investment is also very much.
There are so many good project in crypto, the issue they majority of them do face is lack of investors. A project cant reach her goals if it lacks investors. The rate of scam project in crypto has cause deep harm on altcoin, making investors not to trust new project that has potential.
As an investor in crypto, I only trade when its necessary, hodl only potential coin that has chances of recovery from bearish market.
As an investor in crypto, I only trade when its necessary, hodl only potential coin that has chances of recovery from bearish market.
Things are bit different now, here are few warnings you need to be damn serious about if you want to invest in new projects
1. We have many scammers now compared to 8 years back when we have many serious developers
2. Don't leave to coins in your wallets without looking back because sometimes there will be updates like token swap or mainnet launch
1. We have many scammers now compared to 8 years back when we have many serious developers
2. Don't leave to coins in your wallets without looking back because sometimes there will be updates like token swap or mainnet launch
Anyone who doesn't do proper research before investing in any coin or who doesn't keep up with updates after investing is like an engineer going for a job without tools. I like the point you buttressed here, always check updates so one doesn't miss out on token swap or mainnet especially, I've been a victim reason why it drew my attention.
Things are bit different now, here are few warnings you need to be damn serious about if you want to invest in new projects
1. We have many scammers now compared to 8 years back when we have many serious developers
2. Don't leave to coins in your wallets without looking back because sometimes there will be updates like token swap or mainnet launch
1. We have many scammers now compared to 8 years back when we have many serious developers
2. Don't leave to coins in your wallets without looking back because sometimes there will be updates like token swap or mainnet launch
Many don't know what they are getting into that's why they feel like they can buy coins at any time, the most important part when investing in crypto is the right time to buy and the right time to sell, without learning all this you will definitely make the wrong decisions
Only some people do not know what they are dealing with, especially newbies who have just entered the market, so they are often wrong in making decisions, so do not equate everyone in this regard, because the experience in the field of investment is also very much.It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.
Just my kinda advice for newcomers, good luck and happy hunting
Just my kinda advice for newcomers, good luck and happy hunting
It's hard to hunt new coins with good potential now because scammers are getting better in creating coins that looks legit in the eyes of bounty hunters and investors, just take a look at KingCasino only few people think it's a scam and majority invested and promote this project thast ended up a scam project.
Many don't know what they are getting into that's why they feel like they can buy coins at any time, the most important part when investing in crypto is the right time to buy and the right time to sell, without learning all this you will definitely make the wrong decisions
Only some people do not know what they are dealing with, especially newbies who have just entered the market, so they are often wrong in making decisions, so do not equate everyone in this regard, because the experience in the field of investment is also very much. 
I guess even Vitalik was shocked at how far the value of Ethereum could reach. 
I don't see many newbies now who have the guts to wait for even just a year.
They are mostly impatient thinking the crypto space is just a milking cow.
Bitcoin and Ethereum holding ain't a question anymore. It is a wise decision to hold it.
But I have other which had been sitting in my wallet for quite long. 2 years maybe.
I still don't doubt their project up until now.
I don't see many newbies now who have the guts to wait for even just a year.
They are mostly impatient thinking the crypto space is just a milking cow.
Bitcoin and Ethereum holding ain't a question anymore. It is a wise decision to hold it.
But I have other which had been sitting in my wallet for quite long. 2 years maybe.
I still don't doubt their project up until now.
They're in the top coin in CMC anyway, so it is nice coins to be traded at.
Not to mention that I've been seeing crypto prices and trading it for almost 3 years and coins like ETH never failed me, aside from Bitcoin.
Though alts isn't my primary coins for holding, it is still profitable in my end.
Not to mention that I've been seeing crypto prices and trading it for almost 3 years and coins like ETH never failed me, aside from Bitcoin.
Though alts isn't my primary coins for holding, it is still profitable in my end.
If you also have a good instinct on when to sell those coins then you will remarkably profit a lot.
But that happens only if you did well from the start.
Yeah, one example is the Ethereum project.
I saw how cheap it was before but ignored it. I thought it will just be another coin which will be a dust forever.
I bought it at a higher price already. Got lucky selling at $1000+.
It will be difficult to go back at those times.
But that happens only if you did well from the start.
Yeah, one example is the Ethereum project.
I saw how cheap it was before but ignored it. I thought it will just be another coin which will be a dust forever.
I bought it at a higher price already. Got lucky selling at $1000+.
It will be difficult to go back at those times.
Being an early investor is kind of luck we can enjoy when the asset we are investing will pump, of course just like ETH as its ATH was around $1300 while in the past you can even buy them at $1, correct me if I'm wrong.
Per experience, I make more money from what I earn as a bounty in the past because during the popularity of ICO, when its listed in exchanges, it could either pump or sell at its ICO price, of course it seems like it's not gonna happen this time as the ICO is gone and IEO success rate is not that high also.
If you also have a good instinct on when to sell those coins then you will remarkably profit a lot.
But that happens only if you did well from the start.
Yeah, one example is the Ethereum project.
I saw how cheap it was before but ignored it. I thought it will just be another coin which will be a dust forever.
I bought it at a higher price already. Got lucky selling at $1000+.
It will be difficult to go back at those times.
But that happens only if you did well from the start.
Yeah, one example is the Ethereum project.
I saw how cheap it was before but ignored it. I thought it will just be another coin which will be a dust forever.
I bought it at a higher price already. Got lucky selling at $1000+.
It will be difficult to go back at those times.
It is important always to learn, especially to learn from your mistakes, because that can help us to grow and improve the skills that we have. We don't have to follow whatever people suggest before we know the truth to decide whether to invest. By always researching what we want to invest, we will know what we need to do. Sometimes, we need to be patient before making a big profit because that will not always happen in just one night.
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Do not belief in what people spread online, most especially about crypto, some times a once called scam project for different reasons can be your own gateway to success, learn from others but be the master of your boat, make decisions yourself and learn from your mistakes, I make my big ROI from a shit coin that's now worthless
It is important always to learn, especially to learn from your mistakes, because that can help us to grow and improve the skills that we have. We don't have to follow whatever people suggest before we know the truth to decide whether to invest. By always researching what we want to invest, we will know what we need to do. Sometimes, we need to be patient before making a big profit because that will not always happen in just one night.
Do not belief in what people spread online, most especially about crypto, some times a once called scam project for different reasons can be your own gateway to success, learn from others but be the master of your boat, make decisions yourself and learn from your mistakes, I make my big ROI from a shit coin that's now worthless
there is no definitive theory or 100% in this crypto space, the most correct is a study and the right moment to buy and sell. because the market is very difficult to guess, and working at the bounty is also the same, still 50-50 to get profit. so the key here is patience, accuracy, and also courage.
one more thing you have to pay attention to your luck. after you can do the analysis and make a choice. even that also can not provide guarantees to benefit. Your luck is at stake when you have determined with all the effort you put into it.
Coins that have been tagged as a scam before are already performing very well.. You cannot judge also a coin/ token by how it was handled and how rumors are coming out. We need to dig deeper into a particular coin/token that we want to invest in order to not regretting anything. Many People nowadays or I should say newbies not having enough research about the coins they want to invest will just risk their money. There is a loss and win into this crypto world but we should know when and where to stop and take action
Just because someone here say a particular coin is useless before doesn't mean that it won't progress and is not worthy to invest. You can see dogecoin for example, it was laughed by many investors because it just came from a joke and meme but look at that coin now. Many are still holding and investing into it that makes that coin still surviving until now.
While other coins seems to be shitcoin until now, but there are plenty of crypto coins out there that was misjudged but still has potential.
While other coins seems to be shitcoin until now, but there are plenty of crypto coins out there that was misjudged but still has potential.
This is why it's important to make your own research! You can decide to trust some project now, where team members are
working hard, and that project can be great in the future. There're people who give advantage to well-established coins, and I
understand that, but there are small projects with great ideas, they need more development, they need more supporters, but
it's why their price is low, but with time more people will join, the project will be better and the price will rise. The same happened
to Bitcoin, Ethereum, and all others, in the beginning all of them were small at first.
The only one who can help us to have higher chance of success and handling the risks carefully is ourselves. In order to protect our capital and in order to grow it, we should invest on our skills and in our knowledge for us to welcome new ideas that we can use.
Its a must to know deeply what we're getting into before investing our hard-earned money. In this way we are aware about what to expect and the risk of investing in crypto. Unfortunately some people tend to enter without taking their time to gain knowledge and do a research thats why if something bad happen they will blame others or the coin itself even its not a scam. For newbies dont rush to earn because there's a perfect time to engage yourselves, take time learning first.
Many don't know what they are getting into that's why they feel like they can buy coins at any time, the most important part when investing in crypto is the right time to buy and the right time to sell, without learning all this you will definitely make the wrong decisions
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