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Topic: Trend or long term projects? - page 8. (Read 1790 times)

full member
Activity: 266
Merit: 187
Bitcoin!!
December 16, 2023, 10:59:53 AM
#98
Depends on your skills because you need to have proper knowledge while you are investing in some trend coins because there are certainties that you need to rush to sell your coins because they reach their peak, and after that, they will gonna fall dramatically and it won't have any assurance if it's gonna recover in the future. As for other top altcoins that have been there for a while now, you can just simply choose some of them and carefully pick up the one that suits your budget well but this is not an easy task to do because you need to do your research before making moves for your investment.

Absolutely correct sir, your skill and knowledge are what makes you have profit from those meme coin that are the current trend, some person dive into trend without having the knowledge on how to make make profits from them, one of the biggest mistake an investor would make is to consider meme coin for long term holding. Meme coin are know for short term holding, if you insist on holding for longer period you might end up loosing some of your initial invested coins. While on the other hand patient is the key to investing in other coins.
member
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Eloncoin.org - Mars, here we come!
December 15, 2023, 10:55:32 PM
#97

It is hard to talk about long term projects and altcoins in the same sentence, and that's because most altcoins are pump and dump coins.

I think with altcoins, investors have to be looking at the short term, and that means investing in coins due to hype/trend, and when you get some profits, you dump it on the new investors. If you are looking for value or use case, then i am afraid, you have to buy Bitcoin, but if you are a short term investor who's looking for quick pump and profit, buy the trending altcoins.

There is no doubt that there are thousand of altcoins listed on coinmarketcap and they were created without any real life use case. The experienced investors focus on Bitcoin accumulation during the dips, and generally don't pay much attention to alts except some exception such as Ethereum, Solana and Chain link. These alts have strong use case and their teams are consistently working to improve their network functionality and adding new features. DYOR

  As for the profit we can get from any cryptocurrency, whether it's a trend or a long-term project, it just depends on the research we do. That's why wisdom is needed here as an investor.

  Because, after all, there are many who have gained income from this trend that is happening in the market and even in long-term projects that have passed through the field of crypto business. So, we still need to be cautious and prudent as much as possible.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
December 15, 2023, 09:14:28 PM
#96
IMO, you should diversify your crypto assets into several alts that you believe in, if you are able to classify trending and long-term assets then why not divide your capital to invest in both.

But maybe if we invest in trending altcoins then you have to have reasonable expectations and you have to be able to sell and buy at the right time, because it will affect you, a coin can just disappear and have no value at all, so that's what it is. The worry about buying trend coins is that managing the risk profile is more difficult, but why not try your luck on trend altcoins. Still today I think we are still not too late for some altcoins that can lead to the next bull season, in areas as big as AI, metavers still have value, and in the network section like LINK/PYTH I think it needs to be considered.
investing in both is good but sometime I see it as a somewhat ineffective way to invest, we trying to get best of both worlds, but will also get worst of both worlds if we are not careful, I think OP here just trying to find the best most profitable way to invest and its whether based on trend or long term, indeed in trend we can get some good profit just within short amount of time because everyone else is doing the same investing in that kind of project so it matters whether we are early or not, meanwhile with long term, the project is judged by the long term progress, whether it dumps or it didn't currently doesn't matter that much because its for long term.

in my opinion i'd instead pursue for the trend if i want easy quick profit meanwhile long term if i got big capital because its easier to avoid the risk of losing money as well as still making some profit at the end of the day, its just the time frame is longer.

needs also to know that some trend aren't gonna be lasting forever, many time we might think its the right time to join a trend but in reality, its not really the right time because most of the time when a trend is already widespread among many people, its already an outdated trend. so thats need to be paid an attention.
sr. member
Activity: 364
Merit: 220
December 15, 2023, 05:41:25 PM
#95
Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?


I don't follow coins that are trending because they are not suitable for the long term, but it's like gambling, it's better for me to buy long term coins even though my portfolio doesn't increase that significantly compared to coins that are trending, it can increase up to 1000x but it can also make our money disappear. Just invest in coins that are long term and have a good future because we also invest with the expectation that sometimes investments do not make a profit or loss but also maintain our own wealth. Do you agree with my opinion?

I quite agree with your opinion because with long term investments you're sure that when their bull run comes, you'll make enough profit that'll be worth the waiting.  Personally I like to minimize my risk, that is why I like to go for crypto coins that I'm sure that they'll not fade like some hyped coins, it's better for me to invest in Bitcoin and top altcoins, than trend tokens. Buying new altcoins are like staking money in casino games, you'll accept whatever outcome, whether win or lose, whereas in Bitcoin and top altcoins, it's a sure that you'll gain in the long run.
sr. member
Activity: 1064
Merit: 343
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December 15, 2023, 12:51:26 PM
#94
What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?

Well, in altcoin investment, as long as you are willing to risk losing some funds,  you can carry on investing in any token that you think will definitely do well during the bull market. It's true that some altcoins do pump very much during the bull market; that's also how an investor is not 100% sure which or which particular coin will pump and which one will dump so badly. While expecting an altcoin to give you a 100x profit, don't forget that it could happen the opposite way. It doesn't matter which altcoin one is investing in; only invest the amount that will not affect you when lost.

Absolutely mate you are aright that everyone of here in this community know that in the market prices of coins are too volatile which is we cannot predict the outcome  like what you said that there are two outcome of our investment first is we loss cause if we invest in unknown project then lead up to loss then we will loss too.  And the second is once we are being successful in our projects then we will gain more profits.
member
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December 15, 2023, 07:14:05 AM
#93
Many times we don't even understand to invest that's why it is better to follow the trend. If you understand the right trending strategy of the market it is easy to invest but knowledge is required. Without proper knowledge it is difficult to find long term projects to invest You have to understand the exact position of the market so you have to move forward with some time. There will be more money risk here if you rush.
sr. member
Activity: 224
Merit: 195
December 15, 2023, 04:23:37 AM
#92
This happens all the time, if a meme coin gets the support of that community and it skyrockets, not even a week passes before we see dozens of clones with developers trying to deceive and to steal some of that success for themselves.

So following the trend is a strategy that can without a doubt bring benefits, but it has to be used with caution, if not an investor may end up putting their money in a coin that will never bring them any kind of benefit.
Following the trend might look too easy as we think but becomes the most complicated and risky investment to pertake into. Most times the trend happens as a result of the last pump it had and mostly in this memecoins it is said to happen just ones after then with the enough hype and trend they begin to gather more investors this is where they target and run away.
First they begin to drop the price and promise huge burning of their memecoins thereby making more investors to pump in, these are the strategies that are to be faced when deciding on following the trend.
If a person is well established to take the risk on investing on trending coins then let him go but rather long term projects are the best
hero member
Activity: 2702
Merit: 704
December 14, 2023, 11:29:39 PM
#91
Following the trend often allows us to make more money in the cryptocurrency market, but we have to be very careful when following the trend because bad people who are in this market for fraud purposes also follow the trend and develop scam projects by acting according to the trend.

I diversify my investments. I follow the trend with part of my money and buy solid long-term projects with the other part of my money.

Following the trend can be lucrative in the cryptocurrency market. However, caution is essential to avoid falling victim to fraudulent activities. Scammers often exploit trends to deceive investors with fake projects. It's crucial to conduct thorough research and exercise due diligence before making any investment decisions. Stay informed and vigilant to protect your funds and navigate the market safely.
This happens all the time, if a meme coin gets the support of that community and it skyrockets, not even a week passes before we see dozens of clones with developers trying to deceive and to steal some of that success for themselves.

So following the trend is a strategy that can without a doubt bring benefits, but it has to be used with caution, if not an investor may end up putting their money in a coin that will never bring them any kind of benefit.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
December 14, 2023, 07:49:17 PM
#90
Following the trend often allows us to make more money in the cryptocurrency market, but we have to be very careful when following the trend because bad people who are in this market for fraud purposes also follow the trend and develop scam projects by acting according to the trend.

I diversify my investments. I follow the trend with part of my money and buy solid long-term projects with the other part of my money.

Following the trend can be lucrative in the cryptocurrency market. However, caution is essential to avoid falling victim to fraudulent activities. Scammers often exploit trends to deceive investors with fake projects. It's crucial to conduct thorough research and exercise due diligence before making any investment decisions. Stay informed and vigilant to protect your funds and navigate the market safely.
sr. member
Activity: 2338
Merit: 338
December 14, 2023, 06:08:31 PM
#89

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?
Smart investors know what is best for them. Of course, why have to keep these low-value coins in our hands if we see that there is no chance of making a profit, we should surely ignore it. If these old and popular coins are the best option, why not rely on them? Investing is not all about money but also, it is about choosing the right coins. Many people are looking for a gem thinking that this will give them more profit but sadly, after many years of holding have nothing changed in its price. It is a waste of time and money...
hero member
Activity: 2968
Merit: 670
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December 14, 2023, 01:25:31 PM
#88
Following the trend often allows us to make more money in the cryptocurrency market, but we have to be very careful when following the trend because bad people who are in this market for fraud purposes also follow the trend and develop scam projects by acting according to the trend.

I diversify my investments. I follow the trend with part of my money and buy solid long-term projects with the other part of my money.
Allows us to make more money "quickly". But, that is if we are successful on getting in just in time because there is also instances that after we enter, the price will now dump and never recover. It can happen naturally because a lot of people are selling. It can also happen unnaturally because bad people like you said are manipulating the prices. If we want a more safer approach, then we shouldn't FOMO at a trend.

Diversifying is a good strategy but you can still do it without the help of the coins who are at the trend. Diversifying's purpose, is supposed to reduce the risks, (not to add more), by adding different kinds of trendy coins.
hero member
Activity: 2044
Merit: 565
December 13, 2023, 03:40:18 PM
#87
IMO, you should diversify your crypto assets into several alts that you believe in, if you are able to classify trending and long-term assets then why not divide your capital to invest in both.

But maybe if we invest in trending altcoins then you have to have reasonable expectations and you have to be able to sell and buy at the right time, because it will affect you, a coin can just disappear and have no value at all, so that's what it is. The worry about buying trend coins is that managing the risk profile is more difficult, but why not try your luck on trend altcoins. Still today I think we are still not too late for some altcoins that can lead to the next bull season, in areas as big as AI, metavers still have value, and in the network section like LINK/PYTH I think it needs to be considered.
hero member
Activity: 2828
Merit: 611
December 13, 2023, 02:02:21 PM
#86
Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?
Though I'm not a fan of risking your hard-earned money on useless crap and shitcoins that have no intrinsic value or growth potential to provide, I believe there is nothing wrong with taking calculated risks sometimes to maximize your profit potential. By calculated risks I mean spending only amounts that one can afford to lose because you never know what happens when you are trading meme coins or coins that gain and lose value very quickly which means they carry high risks.

So, what I think is that a person should have most of their capital invested in safe cryptocurrencies which they know will give them at least some profit when there is an uptrend going on in the market, but they should also make small investments here and there when they see profit potential.
sr. member
Activity: 1722
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December 13, 2023, 12:16:13 PM
#85
What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?

Well your profit of altcoins really depends on the market conditions. Yeah it is true that when you invest in it really comes with a greater price. I mean the bigger amount you invest, the higher profit you will get but it would really put your money at risk just like I said it really depends on the market.


It's not a big deal if you can do both by buying long term projects and at the same time investing into trend coins that you mention, I mean they're just temporary but it brings a hype to people. Make sure and estimate that you should invest during its boom or hype period, because when the temporary trend coins fade, you may not receive anything or you will lose more than what you invested. That is why It is important for investors to make their research first before investing into altcoins. Especially if it is a trend.
hero member
Activity: 2478
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Eloncoin.org - Mars, here we come!
December 13, 2023, 11:14:16 AM
#84
Well for alt coins I do think if you want to find the next initial coin offering for really fast gains it will not happen. I think those days are over now and we should only invest in alt coins with big marketcaps.

It is just a big risk to invest in new alt coin projects. We have seen so many exit scams and 'rug pulls' over all the years. It is best to invest in alts like Ethereum that we know will still be here many years in the future. That we can not be so sure for a new project.

OP is not talking about new projects , infact he asked about coins which is trend based and usually trend remains for specific time and then lost interest of investors. gamefi, AI, Web3 tokens are usually work on trend. Sand , Mana pumped to 4$ in the trend and now price is low and same with other coins. It is not necessary that trend coin will be new token. Investing in new tokens are very risky and OP also made one post where he lost 200$ in the new token.
hero member
Activity: 2184
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You own the pen
December 13, 2023, 10:45:07 AM
#83
Depends on your skills because you need to have proper knowledge while you are investing in some trend coins because there are certainties that you need to rush to sell your coins because they reach their peak, and after that, they will gonna fall dramatically and it won't have any assurance if it's gonna recover in the future. As for other top altcoins that have been there for a while now, you can just simply choose some of them and carefully pick up the one that suits your budget well but this is not an easy task to do because you need to do your research before making moves for your investment.
legendary
Activity: 3122
Merit: 1032
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December 13, 2023, 06:02:38 AM
#82
Well for alt coins I do think if you want to find the next initial coin offering for really fast gains it will not happen. I think those days are over now and we should only invest in alt coins with big marketcaps.

It is just a big risk to invest in new alt coin projects. We have seen so many exit scams and 'rug pulls' over all the years. It is best to invest in alts like Ethereum that we know will still be here many years in the future. That we can not be so sure for a new project.
full member
Activity: 210
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Eloncoin.org - Mars, here we come!
December 13, 2023, 05:07:34 AM
#81

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?
We analyze the market with several established altcoins in the market. But we constantly see numerous altcoins floating in the market. When it comes to long-term projects, we always prefer Bitcoin. Investing in altcoins can be a good way to make money, but it also comes with risks. Although we can see the growth of the crypto market so far. Many investors are wondering which altcoins to buy for great profits, when we see that most altcoins in the crypto market have already recovered from the lows reached in the past year, but there are still many top altcoins that have not pumped. The big challenge is which alt coin to choose for long-term investment.
copper member
Activity: 1316
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Eloncoin.org - Mars, here we come!
December 12, 2023, 10:33:19 AM
#80

It is hard to talk about long term projects and altcoins in the same sentence, and that's because most altcoins are pump and dump coins.

I think with altcoins, investors have to be looking at the short term, and that means investing in coins due to hype/trend, and when you get some profits, you dump it on the new investors. If you are looking for value or use case, then i am afraid, you have to buy Bitcoin, but if you are a short term investor who's looking for quick pump and profit, buy the trending altcoins.

There is no doubt that there are thousand of altcoins listed on coinmarketcap and they were created without any real life use case. The experienced investors focus on Bitcoin accumulation during the dips, and generally don't pay much attention to alts except some exception such as Ethereum, Solana and Chain link. These alts have strong use case and their teams are consistently working to improve their network functionality and adding new features. DYOR
sr. member
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December 12, 2023, 09:59:58 AM
#79
IMO, if the risk is recognized from the beginning, we will be able to decide whether the investment is for the short or long term. With memecoins, I can clearly feel the hype about profits, but behind it is chaos, and no one is completely confident that crypto will grow amazingly until it reaches that state.
For crypto, I think just simplifying its structure between bitcoin and the altcoin category gives different perspectives, but in my opinion, if the choice is safer, the altcoin category should not spend too much  money on it.
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