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Topic: Worth investing? - page 3. (Read 284 times)

legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
May 09, 2022, 10:43:37 AM
#12
I think there are still a lot of room for growth for some layer 1 projects. Solana is one that really took the market by storm but issues with the network disappointed many investors/users. Cardano is another project that probably hasn't reached its peak yet. Development is quite slow but fundamentals still looks good.

Regarding web3, maybe it's also good to accumulate some of the less popular projects. Web3 will have its time and it could be in the next halving.
sr. member
Activity: 1162
Merit: 260
May 09, 2022, 10:22:33 AM
#11
depends in the project itself, if it’s fundamentally good then go ahead, I guess even layer 1 project that has lost its fame could still holding on.
although I’d always recommend investing in something that just follows the trend if your sole reason is just for making money because that’s like the easiest way of investment.
going against the current will just bring nothing but harm in this case, if the trend is metaverse and 2nd layer project then just follows the trend because as you may observed the market valuation always increases based on the trend most of the time.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
May 09, 2022, 09:41:19 AM
#10
It makes sense if you wanna try to invest on the first layer coin as long as you know how deep the level that can be taken to enter into the market. It's always worth investing during the bearish market but once you saw the market is not even stopping from going down and that makes sense to wait until the market will try to recover again. Anything will always worth to buy. that's your decision. your example like oasis was not so popular.
sr. member
Activity: 686
Merit: 403
May 09, 2022, 08:52:04 AM
#9
Make sure that whatever your plan is about crypto right now you are already thinking about the next bitcoin halving, buy these coins for a cheaper rate and you won't be bothered in the long run, since Oasis Protocol isn't the oy project you are going to hold its all well, add more good alts to your portfolio, the higher the number the more chances of succeeding.
jr. member
Activity: 840
Merit: 6
May 09, 2022, 08:47:51 AM
#8
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
I think what you are looking for is the internet computer ICP. It's designed to be the new internet and can transform web2 websites into web3 ones when they are hosted on its blockchain.
member
Activity: 130
Merit: 11
May 09, 2022, 08:27:37 AM
#7
If projects like shiba inu and doge coin can made it this far then it makes sense to invest money on any use cases either old or new, just because layer 1 solution isn't in a hype state as before doesn't mean all layer 1 solution projects will die, believe me some will still do so well in the next bull market.
member
Activity: 233
Merit: 12
May 09, 2022, 08:21:38 AM
#6
As far as the project is good enough I will invest, utilities isn't the only reason why a project do very well, the secret of every crypto projects lies in the hand of its founders, layer 1 or not how good and determined the teams are is what will take the project to another level.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
May 09, 2022, 08:07:23 AM
#5
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
Honestly, every turn in this space has only a few sustaining sustainability. The hype trends accompanied by good news make many people mistakenly believe its potential. In essence, I see what you're saying as both right and wrong, and it can't work in a positive way to please some individuals or crowds. I admit Oasis Network it's good and potential, but do you have the awareness to appreciate it or the patience to stick with it and get the benefits it brings?
legendary
Activity: 2030
Merit: 2174
Professional Community manager
May 09, 2022, 07:47:33 AM
#4
I should point out that integrating a platform cause of the hype around it seems a bit like fishing for investors rather than building a sustainable project. Devs ever so often would change their marketing approach to suit the current trends so as to profit off those trends and that seems a bit dubious, not saying that's what Oasis is particularly doing as I've not followed the project.

Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.
How long are these factors expected to carry a project? Hype an momentum and fleeting qualities as there's always the next hype which comes up, and marketing tends to follow hype and trends.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 09, 2022, 07:41:40 AM
#3
Does it makes sense to target layer 1 scalable projects with web3 integrated?
It doesn't even make sense when you are buying at the current situation when market is still continue to dump. That does make sense to buy such token but with the current market trend and are you sure to enter in the market? I may feel worry about that. This reminds me with the bad trend that happened before. Once you are entering into the wrong position and you will be loosing a lot.
I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
Web 3.0 is still being too far from the big hype. The first layer blockchain was not good as well even if it has a mission to be integrate with web 3.0
tyz
legendary
Activity: 3346
Merit: 1530
May 09, 2022, 06:38:15 AM
#2
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.
member
Activity: 207
Merit: 12
Syntrum.com
May 09, 2022, 06:25:08 AM
#1
Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.
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