Topic: Popular projects and none popular projects (Read 944 times)
Some popular projects fail . Not all failed project is a scam project
In this case i say that anyone who want to invest a project so first they see the project roadmap, there community there social media channel so they easily see the strength of people and they easily know the project exict plan.
Most of people invest a none popular project and the project not achieve there goals and the project dead so people received a huge loss.
I can't say that its can't happen in popular project but its small risky then other.
Most of people invest a none popular project and the project not achieve there goals and the project dead so people received a huge loss.
I can't say that its can't happen in popular project but its small risky then other.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.although bitcoin does not provide security guarantees or guarantee the risks involved, at least investing in bitcoin has a lower risk compared to new coins.
well i know we are in crypto as at the end of the risk that we have to take, but we live always full of risks that must be faced and there is nothing wrong with taking that risk but choosing to take a lower risk
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.
any crypto can happen. here do not draw a conclusion , but take whatever might happen . I would say no crypto is safe because crypto is very investing but here we come for profit because it must really research the project so as not to lose in the future.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
If it's only driven by hype then there is a high chance for it to become a scam. You should not only base on the projects' popularity when you want to invest on it. You should also check its background like who the developers are or checking its roadmap or utility to see if it has a potential.
Just look at shitcoins now, they were very popular last year even if many of them have no real utilities. Many people bought them because it was hyped on the social media. Now their value is worthless and its developers already abandoned their project.
Investing in a popular project does mean it's not gonna be a scam. Also investing in an unpopular project doesn't mean it will be a scam. I had become a victim of this two scenarios. After then I learnt I should investigate and ask scrutiny questions like
1: Who are the Devs and are they known?
2: What's the project about?
3: How do they intend to succeed?
And many more. With this questions, I found METAISLAND. And since then, I have been with them.
1: Who are the Devs and are they known?
2: What's the project about?
3: How do they intend to succeed?
And many more. With this questions, I found METAISLAND. And since then, I have been with them.
There are metrics and details to check for in order to know is a project will yield returns or if it just another crypto scam. Some of these metrics may include project team, its community’s social media interaction and so on.
For ease, you can use “CheckMyTokenBot”, a telegram bot that is powered by HashEx. This bot will show you details of token supply, team behind the project, access control and most importantly, the possibility of a project being a scam. You can use this tool for free anytime!
For ease, you can use “CheckMyTokenBot”, a telegram bot that is powered by HashEx. This bot will show you details of token supply, team behind the project, access control and most importantly, the possibility of a project being a scam. You can use this tool for free anytime!
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No guarantee in crypto investment. Although it is a popular project, it is possible to turn into a scam. That's why don't choose a project because of its popularity, but choose the project because of its fundamental factors. If a project has strong fundamentals, the chance for scams will be rather small. Moreover, if they have a trusted team, have good products, have a top company as the partnership, and list their tokens on top exchanges. It means that ETH will not be the highest growing one, sure there will be others, but ETH will grow very strongly and that’s at least guaranteed and known result, instead of risking it with anything else.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
No guarantee in crypto investment. Although it is a popular project, it is possible to turn into a scam. That's why don't choose a project because of its popularity, but choose the project because of its fundamental factors. If a project has strong fundamentals, the chance for scams will be rather small. Moreover, if they have a trusted team, have good products, have a top company as the partnership, and list their tokens on top exchanges. 
Ah, well, I wouldn't call it a promise. Bitcoin and Ethereum are good long-term investments. They are, in my opinion, the most secure and risk-free cryptocurrency investment available right now. But if you can manage your profits well, which means you know when to purchase and sell, I believe it's excellent to work on any popular projects. It's impossible to predict the ultimate success or failure of any endeavor, no matter how promising it may seem at the outset.
Nothing is risk-free in crypto, but the top coins are obviously having the edge while the rest are only going to show short term profits but no long term gains.A popular project does not necessarily mean a profitable project - an investor's interest in a project should be clear, whether they want to be an influencer on the project and make it popular or be discreet and make money.
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Listen to Luna. So, all we have to do is maintain a state of constant vigilance while traversing the crypto space. Certainly not a stroll in the park.
One of the many examples of scams and ponzis that run in the industry. I am sure more are also running like that and people are investing in them without the mainstream media reporting about it because these scams run via referral-networks. They will get reported when the tables turn. This can be prevented by being logical about returns and by doing your own research on how ponzis work.
Ah, well, I wouldn't call it a promise. Bitcoin and Ethereum are good long-term investments. They are, in my opinion, the most secure and risk-free cryptocurrency investment available right now. But if you can manage your profits well, which means you know when to purchase and sell, I believe it's excellent to work on any popular projects. It's impossible to predict the ultimate success or failure of any endeavor, no matter how promising it may seem at the outset. Listen to Luna. So, all we have to do is maintain a state of constant vigilance while traversing the crypto space. Certainly not a stroll in the park.
I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
there is reason why it's very recommended that if you invested in something you should always gets updated with the news involving the project you are invested in, it's because case like luna, if you have invested in luna and know that luna is gonna collapse, you could save your investments ahead everyone else, it's same with the other coin, still doesn't change the fact that famous coin with higher market capitalization have lesser chance of collapsing than the other.It doesn't matter whether that was a popular or non popular project. The bullish trend will always be pumping all of coins in the market.
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.
The risk with buying bitcoin at a low price is much lower than buying bitcoin at high price or buying altcoins. Most "projects" are recycled ideas for altcoins and they are based around hype which is going to crash in a few days after launch or never launch at all. These are a type of gambling and are never recommended to a trader who plays it safe. There comes the risk vs reward thing, which is marking such projects with a high risk and high reward label and bitcoin at low price as a low risk low reward label.
One can buy bitcoin at different price levels and sell at a profit to get maximum gains but investing in such altcoins rarely ends up giving profits to its investors rather only to its owners who dump and run away.
If so, then you are verily safe from scam. Although there are also an example of scamming popular top popular altcoins like bitconnect, luna but those are rare incidents in the compromission of total popular altcoins. But popular coins could lost their popularity and turn into shit if they fail to develop themself according to time. So your portfolio balance may decrease even if you choice popular altcoins but at least you are about safe from being scam of your whole money
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk.It's very difficult to see which projects are real, which ones end up being fraudulent. What you said could indeed be one of the indicators that we should include when we look at and analyze a new project. Usually from several successful projects it can be seen from how big their community is. I agree with you that it does not guarantee that the project is actually real, but at least it can minimize our risk when we will enter a new project.
Many new projects have a large community but it doesn't guarantee that the community is real and not a bot, so we have to analyze many other important indicators to assess new projects because investing in new projects is very risky and not recommended, I think it is very difficult to rate projects other than top coins because of the risk anything has the potential to happen like the Luna Coin case, so investing in top coins is highly recommended to avoid the risk of a scam project. 
I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
Understanding the project you're investing in and how they operate is higher underated because it seems anything you invest in, in the bull market gives you profit. Many people didn't understand how Luna is been operated. Those that did immediately withdraw their money when the first sign of collapse was noticed by the community and people got alerted. Was was design that fail and it did fail.
UST was the downfall of Luna as in trying to save UST from dieing both coins died. The algorithm of more Luna been printed to stabilize UST was wrong. Always understand what you're investing in so you don't cry at the end of the day.
If I invest in a popular project does that make my money safe from scams or popular projects can turn to scam as well?
Popular project or non popular project both investment is risky. When investing in cryptocurrency, no one can guarantee you that your money will be safe there. Because investing in cryptocurrency is always risky, you must accept it. And even if you invest your money in the most popular Bitcoin, your money will still be at a risk. I'm not sure and can't guarantee it's a hundred percent safe. Do you remember LUNA a few months ago?. they were even that famous but they became the project that collapsed first. Projects that we know are worth investing in, great potential and have great popularity like LUNA alone don't guarantee it will keep our money safe, always use research and target when you get out of there.
there is reason why it's very recommended that if you invested in something you should always gets updated with the news involving the project you are invested in, it's because case like luna, if you have invested in luna and know that luna is gonna collapse, you could save your investments ahead everyone else, it's same with the other coin, still doesn't change the fact that famous coin with higher market capitalization have lesser chance of collapsing than the other.Jump to: