looking to the future of crypto - page 2.

cahkalem

full member

Activity: 562

Merit: 101

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

thats why we need to read carefully the whitepaper if we want to invest in any cryptocurrency project and learn about the roadmap too
also, we must know who is the people behind the project mate, because "man behind the gun" is the most important part in any projectc

ahoenk

hero member

Activity: 1246

Merit: 502

It is happen in all aspect not only in crypto, but i still believe there is many good project which will distrub some indiatries, especially bank and its system, DeFi still have a lot home work todo. And my prediction next big things is something about data. Our personal data which has been stolen. The two big project for this is Litentry ( build on substrate ) and SYL from XSL labs ( will have its own blockchain )

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: ?? on ??

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

cheating happened not now but has happened since ICOs emerged. however, it has little effect on smart investors. because smart investors will choose the best project so that it can give them a big return. So don't blame the fraudsters if you have been tricked by them because it's all your fault for choosing the wrong project.

Scams and frauds isnt something new into this market thats why you should really be wise on taking out actions towards your investment.Dont let your greedy fool you
and in result for you to lose money instead.

Future isnt guaranteed, you might look a certain project to have some potential but still ending up on being a shitcoin in the end of the line.There are even projects or coins
which are hidden gems or undervalued and if you do really look up for those then this would be the most challenging part of all.

This market has a huge potential or would last up into the future but this would particularly talks about projects which does have actual usage or relevance.

barabeku

full member

Activity: 568

Merit: 100

umachit.fund

Quote from: kevinzxz on February 01, 2021, 04:03:21 AM

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

not all new project are like that, because there are new project that are successful and the price increases very high, but indeed I always suggest to my friend or family who want to invest in crypto to choose crypto that is in the top 100 on coinmarketcap or project that already has a product and progress, because the risk is less than investing in a new project and of course the price will definitely continue to increase, so it will give you profit.

The development of the DeFi ecosystem will continue in 2021. There are also many surprises in store for Bitcoin dynamics. By far the strongest altcoins will continue to gain ground as well. Predicting a very distant future is a fantasy. We need to wait until the end of 2021 and then look further.

ameliana

full member

Activity: 887

Merit: 100

I am not surprised by such cases, there are many new projects emerging and sometimes some can last a long time in the market and sometimes vice versa. but over time that the current fraud trend is based on Defi. The Defi project has grown rapidly in the middle of 2020, even now the majority of new projects use the Defi program. anyone needs to be careful if they want to invest in any Defi project.

Rampagoe004

sr. member

Activity: 1624

Merit: 339

https://duelbits.com/

actually we can ignore new projects that are not prospective in the future let's now look at a project that has a quantity that can generate crypto, don't just look at shitcoin which is only temporary, there are many new projects that we can trust with good quality without looking for profit I personally believe everything will be fine, we all have to be careful in seeing a new project

fuer44

sr. member

Activity: 1652

Merit: 262

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

always
what often happens is when the project is completed and the token is listed on the market exchange, then the token will lose a lot of exchange value. after that it is even longer, the token will increasingly disappear from the exchange market or become the bottom. no token has ever thought about the long term of a token, or at least real use case or development in other fields (offline) but still includes crypto in it.

if so, I think investors will definitely continue to stay in this industry.

marilynmanson21

hero member

Activity: 1260

Merit: 510

We will not be able to eliminate the scam project, naturally it will always be everywhere, like grass growing in the fields even though the farmers don't want it, just like a scam project that will always appear among legit projects.
As an investor, it's better if you invest in coins that have a top 100 CMC rating, coins that have high liquidity are very good because their prices tend to go up.

sophwest

newbie

Activity: 22

Merit: 0

Quote from: Drahzar on February 01, 2021, 09:35:05 AM

Quote from: ?? on ??

Quote from: Drahzar on January 31, 2021, 09:41:16 PM

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))

besides good dex projects with high liquidity are potentially interesting for trading and long term investing

some good dex projects i saw based on Curve exchange - for example, stablecoin dex - xsigma, i'm interested because they are backed by a public company

yes, i read a press release about them - they have a good team from amazaon and ripple

Princeofpoetry

member

Activity: 686

Merit: 28

PUGG.io

Most new projects don't have long-term prospects just looking to get some temporary benefits. therefore many people do not believe in and participate in new projects. therefore always learning a new project is very important rather than just joining in

xiboothrezi

sr. member

Activity: 1246

Merit: 285

Quote from: trauchot on February 01, 2021, 04:01:27 AM

Unfortunately, most cryptocurrency projects are created in order to make money in the cryptocurrency field, few projects exist for some other purpose, and therefore, most new cryptocurrency projects don't live long and because of this, many investors who invest in new projects lose their money ~~

with a scenario like this, we know that most of the new projects are deliberately made like fast food, must be "eaten" immediately, if left for long it will taste bad.
investors must really follow the flow, if they are late in selling then they will lose.

Moreover, there are many scammers who take advantage of the popularity of DeFi, you should be careful if you are still not familiar with this ecosystem. It's better to choose a cryptocurrency that is at the top of the CMC rankings, some altcoins have already shown significant increases, others will soon follow. Do the best analysis, don't miss it.

RobbyDama01

newbie

Activity: 440

Merit: 0

I think the future of crypto will develop rapidly if many people are interested in using it in investment or treding, so that it will help in terms of the global economy, but with legality requirements recognized by the state as a treding or investment medium.

Drahzar

jr. member

Activity: 345

Merit: 1

Quote from: ?? on ??

Quote from: Drahzar on January 31, 2021, 09:41:16 PM

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))

besides good dex projects with high liquidity are potentially interesting for trading and long term investing

some good dex projects i saw based on Curve exchange - for example, stablecoin dex - xsigma, i'm interested because they are backed by a public company

kevinzxz

full member

Activity: 1470

Merit: 105

👉bit.ly/3QXp3oh |🔥Launchpad on TON

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

not all new project are like that, because there are new project that are successful and the price increases very high, but indeed I always suggest to my friend or family who want to invest in crypto to choose crypto that is in the top 100 on coinmarketcap or project that already has a product and progress, because the risk is less than investing in a new project and of course the price will definitely continue to increase, so it will give you profit.

trauchot

member

Activity: 1764

Merit: 10

Unfortunately, most cryptocurrency projects are created in order to make money in the cryptocurrency field, few projects exist for some other purpose, and therefore, most new cryptocurrency projects don't live long and because of this, many investors who invest in new projects lose their money and therefore it is worth focusing more on investing in top projects, and then you will minimize the loss of your investments to a minimum, but also you can invest in new projects, but you need carefully study each project.

Joyawan13

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Activity: 910

Merit: 100

elysian.finance

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

many of course projects "that do not think about their future development, and their team only think about the profit for a moment without thinking about the long term, and certainly many investor promoters who are very disadvantaged by all the support they do, and now makes investors more deterred and more cautious. -Be aware of the new projects that will be created, and I hope that the return of the price of bitcoin and some other altcoins will have a positive impact, and will create projects that are expected and have good development potential in the future.

Drahzar

jr. member

Activity: 345

Merit: 1

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))

Iyanu14

member

Activity: 795

Merit: 10

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

Irrespective of these unreliable projects, crypto industry is growing on a daily basis. As we have thousands of projects almost dead, so we have thousands that are really doing well. So it's a matter of choice. You look well before choosing any project and you're good to go. This cannot prevent those that are coming into crypto.

Francis Freeman

hero member

Activity: 1005

Merit: 502

Sovryn - Brings DeFi to Bitcoin

Quote from: Princejebs on August 21, 2020, 09:20:03 AM

Quote from: soenan on August 21, 2020, 09:06:42 AM

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

The trend has now shifted to Defi. All shit projects now add Defi to their name just to seek attention from investors but the truth is, only few will survive. While some has performed awesomely like Link as an oracle, some decentralised exchange tokens like KNC, Band and BNT are the only Defi that deserve some accolades. The rest is pump and dump.

Recently failed were Yam and Spaghetti project, I weap for some investors for not doing proper research as this project were not properly audited.

Can'r stress this enough. I completely agree with the OP. Wait for the market to collapse and you will see the defi projects falling like a pack of cards.(at least the opportunistic ones).

sayulita

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Activity: 881

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CyberTrade

Quote from: kkofor on August 27, 2020, 06:02:56 AM

Quote from: MCobian on August 26, 2020, 06:01:41 PM

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

During this time period is a very good opportunity for you to choose to invest in Defi projects but should also consider carefully when deciding because there will certainly be risks when you choose to invest. I also know Defi projects are very similar to ICO projects but in general Defi is gaining more investor confidence. However, the trend of investing in Defi projects will end soon by the end of this year and another trend will begin.

DeFi projects are having more investor confidence as compared to the ICO investors as the DeFi investors already know that the project will get listed on an exchange no matter what the situation, in the times of ICO investors there wasn't these smart contract exchange services like Uniswap were used. Moreover, every DeFi project is making these investors a lot of money without any possibility of them loosing their money and without trusting anyone with their money as the coins come straight into the investor wallet, the problem here is just that the developers can exit scam the investors just like every project out there.

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