Why people are excited everytime we see a new coin without knowing it first

arimamib

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Quote from: yvesp110 on October 25, 2019, 11:26:24 AM

Quote from: confreslamp on October 22, 2019, 11:12:13 AM

This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

I also hold the opinion that majority does not go for doing dome research on their own but they try to make money by simply listening to others or hearing some latest stuff regardless of its verification and authentication. Due to this behavior, people become vulnerable to criminals. This nature is what gives scammer and frauds advantage. In order to stay safe and profitable, go with the old coins.

I agree that most of these mistakes are due to the benefits offered that make them not invest wisely. the worst thing if the analysis is not done and only listen to research from others is a loss, although it needs to be recognized that there are some projects that benefit from referencing a site. but to be a professional investor they must do their own research not from the results of others.

qumatru

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Quote from: robelneo on October 25, 2019, 11:53:17 AM

Quote from: akirasendo17 on October 09, 2019, 09:32:41 PM

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

That's normal I've experienced that, everybody experienced that, you will get wet if you dip yourself in water, if you are bounty hunters there are always chances that coins that you are promoting not knowingly will turn scam or paused their project or never give your stake at all,
that's the reality, there are just some bounty hunters that cannot accept that they spend months for wasted efforts, I used to be one of them.

This is the whole reason why I keep on suggesting to focus on the existing coins, coins that proved their potential from the beginning and have really improved financial standard of their investors. In my opinion, it is best to first understand the concept of digital currencies and this market. It will be useful to stay safe and get benefits from this revolution. There is no point in wasting time here and there.

yvesp110

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Quote from: confreslamp on October 22, 2019, 11:12:13 AM

This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

I also hold the opinion that majority does not go for doing dome research on their own but they try to make money by simply listening to others or hearing some latest stuff regardless of its verification and authentication. Due to this behavior, people become vulnerable to criminals. This nature is what gives scammer and frauds advantage. In order to stay safe and profitable, go with the old coins.

agentx44

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Activity: 756

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Quote from: akirasendo17 on October 09, 2019, 09:32:41 PM

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

I agree. We should also be extra careful upon promoting new coins knowing that we don't know yet if it has all the potential of being a successful one. If ever we do so, we would just end up leading many people into the wrong path wherein they may consider it as a waste of time if ever the new coin fails. We should be very responsible on picking a coin we are going to invest in to make the most of it always.

Mighty_crypt

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Some new coins are worth getting excited over but to detect them you have to do your own research to find our if they are worth promoting or not, forget about rating websites because whatever you see if far from reality

bitzizzix

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Yes, doing your own research is far more accurate than getting or hearing research from other people's results, and other people's suggestions are only for your consideration and you will decide for yourself.
because it all relates to the fate of your investment in choosing the right project, try to do detailed research before you invest in it and don't get too excited when there are new coins before you do your research until you are sure.

Bananington

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Quote from: batang_bitcoin on October 23, 2019, 03:46:49 PM

The ones that are making noise about these new projects are themselves. Because they have to attract attention from everybody so that they will get more investors. While the bounty hunters are happy about it because there's exposure and PR is so good, they've never thought that those kind of projects can soon turn into a scam. That's why in investing, always be careful with those projects and also be a bounty hunter that's always curious into knowing more the project.

I like your choice of words, especially for your last sentence 👉 "be a bounty hunter that's always curious into knowing more the project." Some bounty hunters do not have time to do research before promoting a project, some just check allocation of the bounty in $ and that's all. I was surprised to ask a friend what he considers before promoting projects and he said "when many people are promoting it and when allocation is cool" but that's not a good enough reason. Investors and bounty hunters alike should be careful with the projects they decide to embark on, due diligence is always necessary.

robelneo

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Quote from: akirasendo17 on October 09, 2019, 09:32:41 PM

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

That's normal I've experienced that, everybody experienced that, you will get wet if you dip yourself in water, if you are bounty hunters there are always chances that coins that you are promoting not knowingly will turn scam or paused their project or never give your stake at all,
that's the reality, there are just some bounty hunters that cannot accept that they spend months for wasted efforts, I used to be one of them.

biddicoin

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Quote from: akirasendo17 on October 09, 2019, 09:32:41 PM

Everytime there are coins that are being advertise we get excited

why did you say that? i dont think so, there are smart people here so they isnt easy to believe in something (coin)

Quote

we are just excited about the bounty , and sharing links to others to make lots of refferal and bonus

if we speak about bounty, it would be different. they just are speculative to get bit of profit (payment), if dont, they just lose effort and time, not money.

Quote

but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

i strongly agree with this. move on and find the new one

batang_bitcoin

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The ones that are making noise about these new projects are themselves. Because they have to attract attention from everybody so that they will get more investors. While the bounty hunters are happy about it because there's exposure and PR is so good, they've never thought that those kind of projects can soon turn into a scam. That's why in investing, always be careful with those projects and also be a bounty hunter that's always curious into knowing more the project.

Best Dreams

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Quote from: ?? on ??

When you have accumulated a sufficient number of failed companies you involuntarily start to worry. Especially when promises to issue tokens and listing on exchanges are not kept and after they are fulfilled coins cost too little. Such a cryptocurrency truth of life)

Being a new user it is not good for the crypto users to invest in new coins before investing in any coin he should gain knowledge about the coin only then invest. People who make the mistake of trusting blindly are increasing in number so they should just stop and wait for the right time of selling and buying. Newly joined people get more excited than the old one while purchasing so they should control their emotions.

Metall303

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Quote from: confreslamp on October 22, 2019, 11:12:13 AM

This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

I think this is an old story. now almost everyone knows that rating sites give false information and very often people who put ratings are part of the team

btcdie

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it was common in my mind, because human nature is too emotional / ambitious about the greed of money or just want to profit without thinking about risk. moreover the project / coin concept is very neatly arranged, surely people without thinking about the problem behind it.

actually analyzing is very important before investing or just following the bounty / event of the project. that is the reason ICO is currently quiet from investors / difficult to reach the point of success. It all comes from our carelessness, which is to advertise the project, without analyzing it first so that it is crowded and investors come, even though it's all a scam. Undecided

confreslamp

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This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

deathcode

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simply it is related to marketing done by the team. because you can only be interested in the concept of a good offer for you to have. good teams usually offer good deals for investors. therefore many are interested in new coins that have not even been registered in the exchange.

Kersh768

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Quote from: akirasendo17 on October 09, 2019, 09:32:41 PM

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

The reason behind this is the hype created by assumptions of the majority. People get excited most of the time to a new project whenever it is being rated by the investors. It is really a good thing because it leads to demand which would be good for the project for the long run. But the problem is the market behavior itself. No matter how popular a crypto is, the dituation still would determine wether a projct would be successful or not.

chanc3r

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Quote from: Rebisco on October 20, 2019, 05:12:39 AM

There is a misconception that is existing where the investor are excited when they see a new coin that got listed even they do not have enough knowledge about it. They thought that the coin can help them to become rich.

Those are newbies, the experts will always do a lot of effort to dig the information about such coin. They are trying to get their chance but they don't realize what the risk that has already faced by them all.
As you can see that people these days are so crazy to bet on a new coin. This is the real implementation of how wild the speculation market is.

Neo.op

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A new coin does not mean it will be a successful coin. Even 15 year olds tend to create a project now and all they know about blockchain is Bitcoin. We all have to search really well about blockchain projects because I have seen terrible websites with terrible teams. Good projects can be understood even by looking at their website, design and interface.

dannybrown

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When I see a new coin coming up, I go to its website and check everything in detail. %99 of new coins are shittcoins with a really inexperienced team. I get shocked how they introduce themselves as CEO, CTO etc when they have no knowledge of blockchain. We should be aware of these when we are investing or even joining bounties.

Backupnime

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homt.net

one point i know.

people are excited to invest in new project, they think invest in new project with high interest by other people can make the project successfull and make profit for them.

i know the feel people why they excited with new project even don't know anything about the project.
this is a fact

Topic: Why people are excited everytime we see a new coin without knowing it first (Read 911 times)