Bitcoin Forum

Many new projects coming out this days ends up losing value over time ,my advice about this is to stay vigilante ,there are some coins that are have not just use case but a means of adding value to the coin or token.

For example deflationary coins or tokens
They keep decreasing in total supply when users send out token from one wallet to another which is another idea of burning off tokens ,scarcity is at hand as you can see ,e.g BOMB token is a big example ,their are few other's like it

Once come across one don't you dare hesitate

I heard bomb to token Worth's a lot now and they did airdrop in February 2019 I think ,but I missed the airdrop which I'm presently regretting after hearing how some make 1200$ from the airdrop

This is the 2nd time I'm watching post about BOMB shit. Another one was from my local facebook group. However, I think it's very risky. What's the usecase of this coin? It will not increase heavily just because it's deflationary coin.

Bomb token has no real use case other than the deflation thing but getting your hands on airdrops that can turn a fortune overtime isn't bad either

It was just an example. I think that investing a really small amount of money into weak coins not only helps projects but also allows the chance for investments to get larger.

I participate in the airdrop ;D I'm able to make 400$ from it ,who won't be happy if your coin increase in huge value over time ? Either its shitcoin or not I don't care because I'm not buying and its free money

Bomb has very few amount of tokens in supply, only 960,285, thus increasing in price. I have not heard about this coin beforehand. But I see that this coin has been increasing in price since its issuance not long ago. I also missed its airdrop. The coin describes itself as world's first self-destructing currency. I think its success is imminent.

So as long as you get money you don't even care what the project will do later?

This is just pump and dump scheme. Soon, this coin will get dumped very hard soon, i've seen on other thread if he made 1200% profit from this coin only.

$1200! That is huge. I have participated in some airdrop in the past! I only make $38 from mnt tokens. However, it is good we keep holding our tokens and coins that are not doing very well now especially those one that we know can give good return and have good product. But the one that are there without good development roadmap have no value and I will say no need to keep them if you have the opportunity to sell them.

It was a shill. And the OP stated that bomb token have a use case. Do not defend it with your "it was just an example".

Why would you even invest in a coin that you know is weak? That does not even make any sense. I would rather invest in a coin/token that I believe has strong potential and not the weak ones.

EQUAL also had deflationary properties but it caused circulation and transaction issues, so they smartly abandoned that idea while succeeding

in maintaining the value of their coin through the bear market. They just launched on Binance DEX; however not a lot of interest so far...

That is what other people think because they can get the coin by free without buying. And if the price can increase, then yes, those people including you are making a huge profit and I am sure they will be happy about that. But now, I don't think that it will be easy to get big money from the airdrop since we know that many projects have failed or delay their payment to participants. That only makes many people desperate to wait for the payment time and they cannot think if the project can get the success in the future.

Binance dex is running for the future. it is obvious that the community is not ready to use decentralized exchanges yet. EQUAL is not at all an understandable coin about which you should not even speak here. Invest buy yourself buddy)  ;D

DONT HESITATE?

For me hesistation is one of the best thing we should have in cryptocurrency and investment.
Make sure to hesitate on every project you will join or invest with.
Make sure that you should check everything from members to whitepaper and every corner of the project.
Not all burning tokens are good it will always depend on their future plans and development.

Unfortunately, every time when an altcoin loses a lot in price, team members just do not do anything to recover the price. They are activating a silent mode for a half a year and when market turns bullish, they return to make profit.

yes if you find some good opportunity dont be hesitate take it before you to late.
but for boom i doubt it, low volume market that mean that coin is not interested.

I remember that I have made their Airdrop at that time, 100 BOMBs for each account. But until now there are no BOMBs was sent my MEW wallet, maybe I missed it. Yes, in this crypto market there will be a lot of opportunities you will miss and regret, like the Airdrop of Hydro, ONT. So do everything you know.

Do not hesitate? I have lost more than $ 600 in investing in a new project. And that makes me give up on choosing projects that have no clear goals and future. My advice is to choose an altcoin that has been tested a few years ago. Or at least choose the top 50 altcoins in Coinmarketcap. Let's go Think about it.

Your way is probably more safe, but many will choose investments that yield higher returns, meaning higher risks. So I will spend a small amount of money for this investment.
Therefore, it is important to learn and evaluate the project, as well as we need a little luck if we choose a good project.

Personally i like the overall concept of decentralization and deflation in crypto space that is why i am here but i will like to suggest new comers not to throw their many at every shining coin, only high quality projects will survive so be very careful before investing.

If it doesn't have a use case then there will be no demands for it. It does have a volume for now, if you still have it and you got them from airdrop, its best to just dump it too. I have no idea about the bomb token though but if its supply is continuously decreasing while it doesn't have something to be used to, there will be no reason to buy back.

You choose shit! Here you are not too lazy to waste my time on low quality projects? There are a lot of promising projects on the market. If you listen to good analysts in the likeness of Michael Novogratz then you can get a good profit.

That more I hesitate when I heard the name of the token. Sounds like its going to boom any moment and then gone and this happens most of the time in crypto when a token suddenly pumps the time it got listed. One example of this was the Minexcoin which during its start it goes up to more than $70 and then drop to less than a $1. Just think about how much is lost when someone thought its going to rise more after buying on its ATH.

First you should not expect that it is every airdrop that is lunched in the crypto space that you will see. Jut has you have missed some, it has also happened to some other people.
Also, if you are not the type that hodl for that long, you could have sold it long time ago. So you never can tell, whether you will be one of those that will earn such amount or not.

Truth is crypto currency trades is not clear
Secondly, hesitating is bad in crypto currency trades, one seconds bitcoin is in 11,500$ then next minute you find it 10,800$

Dyor

I do like your views on this and we should know that many people has made money from airdrop in one ways or the other. A friend of my online told me a story ”of a guy that makes around $8000 from airdrop in 2017 to early 2018 because those airdrop he participated turned to huge money when cryptocurrency market experience strong bullish trend then”. I pick interest from this story and I registered with airdropalert were I see ton of projects offering airdrop.After participated in most of them it end up with few cent payments and I got frustrated and since then I am not into airdrop again.

Do not think in such a way, you also find that many projects grow dozens of times a few months like EGT, if you invest in those projects. I think you're glad I invested in it

I agree with you completely.  It is better to spend your time and take a sensible project than to suffer with a shit project.

And how could you assure that burning of tokens?

In some ways they keep on increasing the number of tokens if they see the value which is getting higher.
I have been to that point that I regret the most.
Supported one token with just a little amount of total tokens then they got greedy and want more tokens for other users to buy.
Guess what happened next? Yes it died.  ;D

Conclusion: Not all will have the same fate as the one you experienced.

Is it really worth investing into a lot of dust and just trying to know that lotto token which is like .00001 percent to guess it.  ;D

But not every altcoin will have that kind of good result. Many altcoins, tokens or projects doesn't run on the same fate. Most of the projects that don't have use has big chance to drop and can be forgotten easily within short period of time.

Yes one have to stay remain at alert always with new tokens and coins coming up daily, I believe burning will help increase scarcity of token which will see the price increase, but the real means of adding value is by the token use case.

Since the booming of cryptocurrency in 2017 around worldwide, new projects have been coming almost every day, there will be a new project. Until now, the new projects are still coming with many more ideas, concepts, projects, real products, and other promotions.
Some of them are scams, but some of them are legit. However, different from projects in 2017, today project will always have a very dumped price after getting listed on a certain exchange. This is normal, as long as the project can survive and maintain, the project can develop and progress very well.
I personally also will not hesitate about the new projects, but to be more careful

All the projects we are going to do must be confident and there is no doubt. Like the GOWIHTMI project that many people have previously hesitated about this project. But this project can be registered at the GATE and has a very good selling value. New projects that now emerge a lot have good potential. So we must take advantage of these opportunities.

I agree, in 2017 and 2018 many new projects have sprung up and attracted many investors. But many new altcoins whose performance on the market is not good even the price falls below the ICO price, but many also make large profits for their investors. Indeed, we do not have to hesitate on new projects as long as we do research first

I think the  post is about joining free airdrops sometimes because they are just free money, those who joined bomb token airdrops must be very happy now ,with the deflation it will keep having value

This is not entirely true, It depends on the community and the people who support the project. Otherwise, it may become a shitcoin, bounty and airdrop programs are needed

It is hard to think twice especially when the token you are going to buy do not have a good impact and did not build reputation, yet. Hesitations is very natural actions in crypto world. DYOR is significant before deciding to hesitate to buy some coins that are new releases and new listed. However, there are still coins who can be still profitable while taking a risk to buy some of it. Like your example. Bomb token can be profitable for some but honestly, I am hesitant to invest to it.

I think we should always doubt and hesitate when we want to invest because with that doubt, we will find out and make a research about the project we want to invest unless that investment is bitcoin. The number of altcoins is currently more than 2000 and many do not have daily transactions because there is no liquidity in the market and we should do research before investing.

I am seeing a lot of deflationary coins and tokens in the market lately.  Not just BóMB token which I just got to know about lately but have seen about morethan 2 or 3 more of this kind of token. I hope it makes new waves in the market.

Be extra cautious when it comes to unknown coins and tokens. They might be bombs really, shitbombs. They suddenly explode and be gone.  ;)

avoid investing in altcoins like that. investing in altcoins that do not have daily trading will waste our money. doubt for all altcoins and even bitcoin is necessary, because what we see is a trade. we can lose the moment to sell or buy, and it will make a regret.

The decision to join is in each of us. Many projects end up disappointed, but that is normal. Do not give up. Stay as usual on the move.

only those who are not sure of themselves are leaving the market. I think that only by making mistakes and by joining bad projects at the beginning you can find gold projects in the future.

I think there is still very important to buy in time and sell the coin in time. After all, even if now the coin makes it possible to earn, which from my point of view is very good, it still does not mean that this will continue in the future.

Right. In my opinion, we should not hesitate in joining a new project. Although sometimes there are projects that are not valuable but still have to be able to take an attitude in determining whether to join or not so that we do not experience losses.

the only hesitation that you should always avoid in the altcoin market at all costs is hesitating to dump them when they are already pumped and ere getting ready to go down from their bubble burst. even if you hesitated a little bit you should still start dumping them as soon as the drop began.

other than that, buying tokens just because of their supply is a big risk you are taking based on a gamble about whether or not that can have any kind of effects on their prices which in most cases it won't.

yes that's one of the most important things and needs to be noticed again, the tokens that we don't know in my opinion are very doubtful. the opportunity to explode falls is greater than the chance to rise. I have experienced this and learned from the ignorance of this.

I hesitated the other day selling some crypto I have held for many months. I got the timing wrong. I should have said "well that is a good price let me sell some" instead of "wait lets see if I can get more I think it is worth more" rather take something then take nothing. I try not be so hard on myself because this happens to everyone and you cannot fully predict what will happen.
In hindsight, everything looks simple.

Very good friend, but has the token entered your wallet and can it be sold? if not, it can still be called a coin that will become garbage.

I agree with your suggestion for vigilante when the tokens we store from time to time experience a drastic decline, namely by selling them before they are of no value at all. Because if we are late to make a decision, it will get worse. I will not hesitate to make decisions, to avoid fatal losses. Think back to that.