Bitcoin Forum

It's not about the price of the tokens. I would like to emphasize that high valued tokens/coins DOES NOT REPRESENT THEY ARE GOOD TECHNOLOGY. Look at the price of their tokens/coins in the market, but they keep failing for the past 2 years and some are just starting up and failed right away before and after their launch with 2 MAJOR PROTOCOL BUGS. I am talking about EOS here, very disappointing.

I totally agree with you on this it is not about the price only rather the projects it is involved in and the growth of it which determines the value of a coin. High price is of no use if it keeps on falling now and then.

You are absolutely right. I was also thinking so about EOS. I hoped that it will compete ETH But it really  disappointed to all.

The price of a coin is high doesn't mean they represent high technology. It means they are highly valued. The price will fall and rise repeatedly but the value is all that matters.

I agree with you, there are valuable projects that don't worth a lot in the market like oax so I understand the falling altcoin market, it is not falling it is going to its actual value.

It is some what true, because the altcoin market lately has been heavily manipulated by the pump and dump strategy, but that is not always the case because i feel like the whole token and ICO have been like that since the beginning, people just invest in them when they are popular and good and as soon as they go on exchange they rush toward selling them, no matter how good or bad the coin is in terms of utility or the project that is supporting.

All this proves once again that a sharp rise in the price of a token without a good product means nothing. Companies should focus more on the idea and only after they have a well-functioning product ready, carry out a PR campaign.

Id have to agree. The price of the coin does not mean it is worth investing. There are coins that are of low value but the project is very  promising. But some people dont look at that anymore. People now look at how the market sees the coin before they invest.

That's correct. But lower price coins have better chances to give you profit that higher ones.
For example If you invest while bitcoin is at $6K, you may expect upto a $12K rise but when you invest in coins at price 2 cents, they can bull upto $2 easily.

True! some people only look at the price and they dont care about what the product offered by the project whether it is good or useless. Many project now have good product but still undervalued. But in the end still Project with good product will win.

Technically yes, don't just look for the price of every coin instead go understand its technology and know if its really good for long term. Well, EOS still on higher value right now but since it is being hype right now maybe we will see people to come in without making any research, I'm looking for this technology before but after making time to review this coin well its really disappointing, ETH is still better.

Actually that is one of the factor that you should consider on what coin would you invest to. You must know the history of its platform inorder to be aware if it is really a good one. Truly it is right that price does not only the thing to know whether it is good to invest because some are just at its high value at this juncture but suddenly fails on the other day.

A lot of newbie are investing using the price value as their basis but of course its not good because not all valuable coins are deserved it, sometimes it is just being hyped and the price pump high.

Some good coins are really working hard to improved their technology and this is where your money should be placed. Greedy people will try to enter in the hype coin and exit to take profit.

You're perfectly right on this one though i am not referring to EOS but for the other altcoins that i am watching since then,they have high value but i see no future and looks like getting close to be pump and dump coins.its the same thoughts that asking in my mind that why are they hhaving high prices but they cant even give good payback for their investors

This post is a eye opener for many users that wanting to invest in this kind of coins thinking they can gain big when they invest high

Exactly! Whatever the time or ups and downs of prices, it will always be the best time for investment.

It's very very disappointing. Let me guess i can predict in a year after the blockchain of EOS has been launched and there will be so many vulnerabilities to be exploited by black hat.
If you remember this, there is a whitehat that has discovered more than tens major vulnerabilities in EOS blockchain.
This is a very buggy blockchain. That whitehat was even better than the whole team of EOS. You should not to invest anything in the broken blockchain and remember these 4 billions have been wasted by the team to pump its coin.

Completely agree with you. I'm starting to invest in projects that already have a product out and are working to improve it for real world businesses. Recently bought a bunch of Morpheus Network because it looks promising.

I agree. for me it's better to invest in low cap first because you know they will only go up especially if you know that the coin is really updating and progressing.

Thats true, you should not focus on its price on how its high, you must depend on how their project is good. Weve seen a lot altcoins in the market that in the first theyve got a high price and now they're in low prices and they're having a hard time to recover from its peak high price..well thats a lesson learn to you. Its also like TRDT it hits $3 and now it can even hit $1.. its hard to recover from investment when you get dumped from your own coins.

Well as the op said it's not on the price, so don't look at the price if you invest. Look at thepl road map, the project and the team, if you think that the project was so good then invest on it.

I believe that the new token / coin is now a very advanced technology, and can be called as a very serious ICO team in designing things, I think the current development is very good, but the defeat they are experiencing is just a matter of declining prices, but in technology I highly praise him with great marketing, but here the only problem is that new token fans are not reaching the initial target, you probably already know that tokens / coin have a token spike due to supply and demand, decentralized, real prices up and down depending on demand .
So if you look at the rise of Bitcoin and Ethereum, a large number of requests and time issues definitely have an effect, do not assume behind the current ICO team is not serious in designing, they are very serious to be able to compete in the world of cryptocurrency.

I think it is the growth of the coin which determines the potential of a coin. There are many coin of low price but has increased to 10-20 times of the initial price. Those are the coin worth investing. High price coins with no increase of price is totally useless.

But not even remotely surprising if you have been around here for awhile. I find it amusing that people think just because they collected "X" amount then they can deliver on whatever bullshit they spewed forth when they were conning you into opening your wallet.

the growth of the coins are the basis in terms of gaining investor attention, the progress will be much easier if more people will invest, then the plan project implementations will happen, right after that the value will jump high making the coins to reached much bigger value, its hard to say which is
much profitable between high value coins and those who are in the early stage from what is the current value right now, still needs to have a lots
of deeper research to find the one that will bring fortune to our investment.

I completely agree on this statement because it is the truth. Just look at an IOST project which is having value of equivalent to 0.03 USD and it falls under the undervalued coins list. Do you guys really think that its not worth? At first glance may be most of us will say with that low value we are sure its worth nothing. But no, IOST is actually having biggest development going on and is already break through project with heavy trading volume over mega exchangers like Binance and Huobi. I think price is not proof of work but real developments in the background are.

in this market you have to make up your mind about what you want out of it. people obviously want profit but they don't want to make any effort about that. they just follow the current like a log in a river that is being carried off and then falls down when it reaches the waterfall to drop down and shatter.

if you want profit you must throw away all the idiosyncrasies that you had so far and stop just following the rest of the herd. try finding where the real money is going. follow the real volume and grab the profit by the throat each day and TAKE IT OUT. bag holder mentality is never going to give you any profit in altcoin market.

Why do you think eos is a futile project I do not understand? I see the development and the recent launch of the platform, and the support is constant and the plans for the future are a huge list. So it just begins to develop and you need to give it time to see how you were wrong.

Good observation though. This is the common mistakes of new investors, they tend to be decieved by how the price looks. The most important detail to be checked before putting your money anywhere else is the historical data of a specific coin/token. It'll surely give you an idea of good altcoin. The older the better, but check first how was the price doing from the past few months or years.

I agree with this opinion of view, but I think some of them have a good concept or technology
therefore, they can make hype and investors becomes Fomo with that coin/token, we just need to be aware that the concept of the platform or technology has not been created and problems such as bugs and delays can occur in their projects, and then they also still have problems to get users on their platform later

Exactly. Your words are a conclusion that nowadays cryptocurrency was slightly moving due to the people who wanted to buy, while the other side there is some people who wanted to sell.

Always consider the market cap and the volume of a coin before deciding to do a bit and invest your money into it. I may agree that not all altcoins that are in high price are worth investing and had a great potentials. Most of them are drastically dumping with harder for them to do a corrections. Isn't still nice to invest a coin with a low value/price but with high volume and with great potentials.

I couldn't agree more. People who are new here would probably assume that highly priced coins are the ones with a great future but they are completely wrong. I can present you with an example as well. Deeponion is a coin with a small value but it is very trust worthy. It has a friendly community and developers that strive to make it better. Taking many factors into consideration, I am confident that a small coin like Deeponion will have a great future.

Somehow you have a point. You also need to consider the maximum supply to determine if the price is high or low. On the other hand the value of the coin determine whether it is a good to invest or not but we have to consider that the coin should sustain it's value for a long time and not just a pump and dump scenario.

Yes, I agree with you. A high valued coin is more about it being more worthy of being invested on. It does not definitely mean that the price of that coin is high..

Even if the price of the tokens are high this does not represent that they are worth the investment. Over the past couple of years, even with an inflation in prices, they are failing and not just worth investing in. in short, the value does not represent the worth of the investments.

Yes I agree with you. Not everything that is high is good and profitable. Especially if the project does not grow or otherwise weaken. Therefore, the search for coins for investment becomes very difficult because it is not determined from the high price, but from the potential to grow more and eventually the price increases.

This is true, because most altcoins when started to get a pair in Bitcoin on exchanges it becomes dependent to it so wherever Bitcoin price goes it will follow it but not all the time, because most altcoins can easily gets manipulated or gets pumped and dumped by group of huge investors. And also it doesn't always mean that when a specific cryptocurrency price is high it is a good choice to invest your money, remember that a coin that have a fix and low supply will always have a huge value. We should always have to look at the development and the purpose of those coins or if there is really a chance of good future for it before you invest on it.

Not only EOS but the market itself is a single disappointment! And I think the worst is still ahead. Summer is usually a "dead" period, and also the market of this year can worsen it! I hope for the best, but I'm ready for the worst!

Yeah you are right, that a price of coin is high doesn't make it worth investing, some high price might be due to over hype or it might pump and when they fail a victim and invest in such projects, they will dump on you, invest in projects with working products.

EOS, XRP, BCH, LTC... all a fucking burden on crypto.

I think neither prices nor projects are real in crypto by now, the market needs 2-3 years to see the real value of projects and their effect on the world.

You are on point. Many 'big' has disappointed investors in a big way. I had an experience last year. I choose to invest in a very insignificant coin and my friend also invested in their choicest coin but to our greatest surprise my small coin became gainful where's their big coin dropped so hard. The future value of coin and its relevant that should serve as a yardstick for investment

You always need to evaluate the capitalization of a coin, not its price. We must understand that the price of a coin can reach a great value. But the question is how many all the coins issued?

Personally, I never liked EOS since the time of its ICO, a super hyped project is always fishy to me.
Plus claiming themselves the ETH killer even before lauching there own chain was hillarious, I dont understand how big investors got caught there attention.  ???

EOS does not bring us too many expected results, but EOS also makes those who invest in the ICO stage rich! And later investors suffered losses!

EOS is really disappointing, although it has had a good price, but the current reality is not very good. I don't know if it is a coin in the strict sense. I feel that I can't see the future of it.

Lol, you are very correct there mate. It is not the value of the token that is important but the project itself on what it is going to solve. Seen a lot of coins/tokens that peg at a high price at ICO then fall to cents when it hit the exchange.

each coin high could certainly originated from a small value. It could be great of course because of the many requests that there is so much that could certainly make it be getting bigger. indeed not high value warranty. However the development of coin which is certainly going to be an important concern to follow.

I'm not with any coin that you are tackling but in general, that's true.

There are many coins that has good price but they really don't have any real project, any real use case and purpose. I've seen various coins that are also does have this type, high price but no real value.

They all get money on ICO, but this money will end fast. So they must have clear vision of monetization of the project or this is just a matter of time when they will die.

I agree with you as more coins are higher price due to hype but they lack of development and once the market get dumps they can't easily bounce back. This will suffer their market price and goes to bottom. It's good to research those project before going to invest. We had many options as we have many coins available but those had many shitcoins.

Yes, there are big changes eventhough its much higher prices because I believe its all about season and demand by individuals in which they are depended on that .Maybe not in this time ,they are more likely on bitcoin due to the decentralized and no one who controls in this technology.

yes i am agree with you definitely  price doesn't matters. project, team, everything is important.

if your project is good than you will stay long time in market otherwise not

Yeah, that's true, both are important here. We know that everything can change anytime here, so we can not decide whether a project is good or not by looking only in a few minutes. We have to analyze, research and check for its development.

Yes its true it doesn't mean that coins that has a low value is not worth investing in my opinion its better to invest in a project that has a good manager that really work ro make that project a successful one