Topic: Why invest on a project because someone said they are good? - page 3. (Read 732 times)
My personal opinion is that people should not rely on everyone's good words about certain coins. so we should not believe much in projects that are praised by people.
I think we should listen more to the opinions of acquaintances and people, especially experts. They have a lot of experience and know what is going on right now.
This is utter nonsense, it seems to me that I have not seen worse ideas. Imagine that you relied on the opinion of someone you didn’t know from the Internet, who was supposedly popular because of his many likes and you lost your investment because the project turned out to be a scam. What are you going to do? You can only blame yourself because you purchased coins of an unknown project for you and did not even study it at a minimum level. So never listen to others, listen only to yourself and your heart.
I think we should listen more to the opinions of acquaintances and people, especially experts. They have a lot of experience and know what is going on right now.
Anybody can tell the project is good but you will have to double check before you start any project. If that is scam you will loose all your money. One should have good knowledge and especially newbie should be more careful.
This is true, when someone says that the project is good, then we have to double check to find out whether it is really good or not. we may listen to some references, but we still must be able to have a strong reason to listen to these references, the way to do research again. 
Anybody can tell the project is good but you will have to double check before you start any project. If that is scam you will loose all your money. One should have good knowledge and especially newbie should be more careful.
It is not bad to get advices from a friend especially when you trust him. But still, it is your call and decision because it you money anyway. Some analysts will serve as our guide but we need to make some research and as you said, some digging on what coins or tokens to invest.
We cannot deny the fact that we easily trust words. We grew up being told stuff we easily grasp and do. However, the case of your friend is that it ends with such mean. He trust right away. He seems lack of knowledge about fraud project. He might be thought that such man are full of facts. Though it ain't bad to trust other people, the thing is we must do a research after what been told to us, and later to decide which in your friend's situation, he didn't.
A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
When your friend invests in a project, you do not have to follow him, even, if this investment is just someone's proposal. Gain or loss affects only your pocket, not someone who gives you any advice. If so, why not trade smartly? 
A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
There are so many like your friends here, they rely upon the advice of these so-called experts, they don't want to blame themselves if anything goes wrong, but at the current condition of the market, advice coming from the experts is not a guaranty anymore, we have seen how these experts from ICO rating failed us so many time, people should do their own research and compare their findings from the experts.
A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
I think you better make sure that everything will be okay if you invest your money in projects that your friend offers you because not everything in cryptocurrency will be good from the start that there are times it will only be good from the start, but in the end everything will not be fine that it will not profitable anymore and you will end up having huge losses. That is why you should make good decisions before you invest your money.
That's the worst thing, people blindly buy hyped cryptocurrencies and invest in worthless projects. Especially now, when there are so many shitcoins everywhere. Always follow your experience and do your own research and analyze the market.
A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
We can't blame them, the analyst may have been very persuasive when he invites your friend and his a newbie I suppose, considering that he is new and is not exposed to cryptocurrency world then he will definitely go with the hype and invest in that coin. Newbies tend to get easily amazed with everything good presented to them so they will go ahead and grab the opportunity.
A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
Don't be too trusty even though your friends invite you to invest in the project. do your own analysis / research better, so there's nothing to blame later on. your friends invite to invest, make it as a reference source or reference material, and do your research independently. Keep in mind that from 2018 is a scammer trend and until now crypto-world is looking for a solution about it.A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
If someone says a project is good, be it an influencer, it's no guarantee that you will make profit when you invest in it. Most times influencers are paid to shill or do a positive review about a project. It's left for investors to do their own due diligence properly, the info gotten from others should just be a clue about the project and not an investment advise. 
Yes, I completely agree why invest in the project when someone said that the project is very good. Personally, I think in order to start participating in the project, you first need to figure it out yourself and not be lazy. And then the picture of this project will be clear. It is worth investing in this project or not. So now draw your conclusions; you do not need to invest in those projects that will not bring profit. You need to properly analyze the market and calculate all the ways to increase profits.
When we do invest just because someone said it is not a good decision and we must not blame those who said it to us because its our decision to make it realize if it's really worth investing. As newbie before I only listened to others but now I learned my lesson and so far Im proud I took time to study those projects. 
For a starter like newbies its not bad to learn from others, its part of finding your way in crypto world but you have to be smart and make sure that what anyone tells you is real, what makes a project so good is their usefulness, you can find answers yourself
Novice traders will indeed find a lot of temptations and many people who try to plunge you into the wrong and incorrect way, from beginners like you should be able to produce a lot of experience because you can find the best way to trade and invest in a good and right.as much as possible you get direction from your friends who know enough about crypto, because other than that, they have bad intentions because this is a matter of money, where everyone will be greedy.
Yes, I completely agree why invest in the project when someone said that the project is very good. Personally, I think in order to start participating in the project, you first need to figure it out yourself and not be lazy. And then the picture of this project will be clear. It is worth investing in this project or not. So now draw your conclusions; you do not need to invest in those projects that will not bring profit. You need to properly analyze the market and calculate all the ways to increase profits.
For a starter like newbies its not bad to learn from others, its part of finding your way in crypto world but you have to be smart and make sure that what anyone tells you is real, what makes a project so good is their usefulness, you can find answers yourself
Not bad to learn from others but a newbie should also research about the project not relying from others. It is best for anyone to make an assessment if the project could gives a profit. Not just by a statement from others because sometimes it gives a false hope so we should not easily trust someone when it comes to investing your money. 
For a starter like newbies its not bad to learn from others, its part of finding your way in crypto world but you have to be smart and make sure that what anyone tells you is real, what makes a project so good is their usefulness, you can find answers yourself
Novice traders will indeed find a lot of temptations and many people who try to plunge you into the wrong and incorrect way, from beginners like you should be able to produce a lot of experience because you can find the best way to trade and invest in a good and right.
For a starter like newbies its not bad to learn from others, its part of finding your way in crypto world but you have to be smart and make sure that what anyone tells you is real, what makes a project so good is their usefulness, you can find answers yourself
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