Topic: Project use case is important for long term investment - page 2. (Read 248 times)
There are only few people - investors who are really after that, I agree with the statement above that most of people, actually us are just after the profit that you can get in investing on their project but surely, for those who see it as a long term investment then they are after the use of the project in real world.
The most important thing to look out for in a project when You are investing for long term is definitely the use case of the project along with the reputation and ability of the team members.
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
Totally agree with you. There are couple of type projects you can see these days but those projects gain success which have real usable product. If project have no big/good community, if they couldn't make their token valuable to customer then automatically price will drop. Cause investor won't invest on that token which are valueless. So before invest on a project people should check that their providing product is really usable or not.
That's right and that's one of the reason why all this project are failing because they lack fundamental plan
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without the demand for the token, it may never reach its true value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without the demand for the token, it may never reach its true value.
The use-case will not play a lot in this case but when they were participating in the IEO that launched in the small platforms and those must not expect a huge gain instantly. What's driving the pump is the hype.
We have the early game after the IEO successfully funded,
The use case is a very important thing for the long term but the hype used to pump the price in the short term. When a coin getting hyped and people will FOMO to buy that.
Apart from use case, we have a lot of pump and dump coin that can give profit immediately after ieo and then dump. If you want to make a long term investment, it is better to invest in established coin than looking for one coin in the name of use case.
If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.
redundant without valid reason to exist! if there is no use case, they will die very soon in exchanges. because traders will jump from one project to another.
but if it has real application, it will be hard for the project to fail because there are real users who are relying on it. but very few projects can really provide a good use case. sometimes they are only good at the beginning so better look also for long term survival of the use case.
If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
I totally agree with you but its not only about use case. A project can have great use cases but very poor strategies, for instance a project has a product that checkmates goods for counterfeit, yet they find it so difficult to convince firms to adopt their counterfeit verification app. Most projects with cool use cases which are successful today is because the team enacted cool strategies ; a good example is origin protocol creating impact already in e-commerce sector. Funny enough some projects without use cases still raise hype around their project just by using influencers or building a strong community. Some will have many applications on Whitepaper and many milestones on roadmap but will never achieve anything tangible. This is the more reason why we need to be careful when choosing the projects we invest in.
Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
there are a lot of used cases with no platform that allows convenience of use both for cryptocurrency regular user and novice that are online. Ferrum network (new project) is planning transaction through telegram and other social media without the use of private keys and addresses yet safe. It will encourage easy transaction, large market and will be so attractive. If the utility increases, the volume will as well then the price will follow. the space is still growing in my own but this token is DAG not the regular blockchain I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.
It's the investor's fault for demanding the project to pump the prices, I mean it's like the equivalent of asking a company to pump their own stock prices even though they know to themselves that if they are underperforming that year it would be impossible for them to do so. Yeah sure they can buy shares of their own but this will just be a band aid solution at best.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
This is where a lot of crypto projects fail, since they aren't fulfilling their promises or actually accomplishing something they have said in their roadmap then a promising project would definitely fail and the demand will diminish since there are really no developments involved with the project. That's why just a piece of my advice I would highly recommend you not to always just look for ICOs that are promising but also is handled by responsible people who will definitely guide their project towards their goals.
Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
Absolutely, value is derived from demand, which is basic principle of economics and do not forget that the demand will only come if the project has an ecosystem of products and services that are in demand and people use these services on daily basis and generate revenue for the project and also use the project coins or tokens for discounts and benefits creating massive demand for the project tokens that will increase the value.
I totally agree, however, most investors are not after the product or use case of a project, some are investing because of income. People would rather choose projects who have good marketing strategy over a project with a product. Most investors are after having a token listed in a decent platform than to let the team focus on the project it self.
I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.
Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
Jump to: