Bitcoin Forum

 Because most do not know what they’re investing in and would rather listen to the crowd.
The best way to protect yourself is to arm oneself with the necessary skills and knowledge to make an informed investment decision. Investing on fundamentals sets you up for the long term, and most importantly it gives you ease of mind since you’ve made your decision based on your own analysis and stand.

Ask as many questions as possible and seek to find the answers before you invest. Such questions can include:

è What issue does the coin solve?
è Is there any utility to the coin?
è What are the credentials of the team of developers?
è Do they have competitors within the space? And if so, compare their valuations

Also, it’s a great idea to look for reasons you shouldn’t invest. There might be several red flags associated with that particular crypto. Keep asking and finding answers through various sources. Reddit is a good source of information. Once you’ve done your due diligence, you’d have a peace of mind knowing whether it’s worth your money.

98% of people came to the world of crypto-currency, just because their friends said: dude, you can raise money in this market - buy crypto currency and be rich. Then most go to the forum or google and seeks an answer to what it is better to buy, and all this is very sad.

The main reason is that crypto (mainly BTC) has become a better alternative investment source with much more profit in small time.crypto is getting hype bcz of the huge profit that investor are making and it is anonymous so no person tracking is there.one more reason is bcz of no tax issue while you have to pay for other investment.

I fully support your words. I would add from myself, before investing money in the project, I should study it: the idea, the klmandu, the roadmap. And only then to contribute money to it. Although there is no time for this, since it is required to make a decision quickly.

Thank you for sharing the experience for everyone. This is very interesting but I think that is only a small part of the evaluation process of a project. And we need to find out more sources of information

The most hype was in the end of 2017 I suppose when almost every source of news and information even that has nothing to do with crypto mentioned it in every story. Now the hype has decreased.
Concerning your list of questions - they are quite obvious and even if a challenger manages to answer all of them positive it is no guarantee that he will not go down in flames finally. :)

Investing here in crypto world  really ricky  and  yes  correct  knowledge is really important. I also suggest  that  you must do some research  about  the  coin you want to invest. Don't  just  look at the popularity of the coin. Double check  the  whitepaper  and  the team as well.

Yes, I totally agree with you. We all need that knowledge as our weapons and shields in the market but we can't say that we don't need the Hype for the platforms we are investing too. If people get hyped on a specific token, then we, with full knowledge about that token, know when to enter and to exit that market's HYPE era. This happened a lot in the past year where people are so HYPED and tokens are becoming overvalued, then after the HYPE has gone down. Tokens lose a significant amount to their value.

Since bitcoin in 2011, we have seen cryptocurrency surge in the level of adoption. And also the value has seen significant rises. With the recent bullish trend, most people entered in for the potential financial gain, hence the hype around it now.

Media done the biggest hype last year cause of bitcoin which was growing that fast, nowadays people are just trying their luck and investing in coins with hope that they will be able to earn something in future.

The reason why people invest is because they want to be able to rely on something in the future. They see it as a savings made for the future, so it because investment cum savings rather than locking up money in the bank.

Cryptocurrency is receiving a great deal of investor interest and multi-faceted reviews of financial professionals around the world. That makes Bitcoin and other coins more interested and that is the driving force for the market to grow better each year.

Not only on crypto but also on popular products out there,  cryptocurrency can only survive with this hype, let the hype continue.

You are absolutely right!
I would add to the list of tips: you need to study the previous projects of the team of developers. And to analyze how successful it were!
I think that much depends on this

Thank you for sharing the experience for everyone. This is very interesting but I think that is only a small part of the evaluation process of a project.
I think that much depends on this

The hype around bitcoin and the amount of cryptocoins in the first place stems from the fact that many people began to realize that this is a possibility. Bitcoin allows you to increase capital, you can store excess of your money, and you do not need to use offshore companies. Secondly, bitcoin carries blockchain technology, which is unique and has a number of advantages.

The rapid growth of cryptocurrency in the past has shown the public's interest in crypto and hence the demand of investors has made market capitalization grow year by year and grow to today. I believe that with its outstanding advantages cryptocurrency will grow stronger than nwuax in the future.

Very well in the division of mind that you make, that everyone should be aware in terms of investment requires sufficient knowledge not to start investing hoping to get rich suddenly but not as easy as expected, after the market is not good it will spread panic, most new people affect the pattern thinks others, deeply sense that true hype occurs at the end of the year when Bitcoin reaches a very unusual uniqueness and for now they forget it or can be called just want to achieve it in good condition after bad regard it as a disaster, be aware this is a normal movement that happens every year, the time is still long then cryptocurrency little by little will be very good.

I agree with you on that one but also it is good to hear the opinions of good influencers in the space, there might be so hidden issues your research won't review but having the opinion of such great influencers will really be of great help in making your formed decisions,

It's ill-advised to follow the hype or suggestions of some crypto influencer.
Make your own research before investing in anything.
Some hyped might be as a result of project shilling, and probably won't last long.

I really like your post, most of the reasons why most persons have been discourage and don't know the exact project to invest in or know if the project is scam or not. Well I have seen a really good platform that have put all this in place to make life easy for investors and this platform also have answers to almost all the questions beginners, Investors and Crypto enthusiast asked.

The platform is Utrum.io and more information about utrum can be find here: https://bitcointalk.org/index.php?topic=2184514.0

This is the correct strategy before investing.
Also i would like to add - look for the company name, the registration of company and their office while doing this one should also consider that some countries are much better to start a ICO. From investor point of view more regulation is better, like EU and US.

reading and asking about the crypto concept gives us more knowledge but what we need is more concrete action to get profit from crypto. the more I asked a lot, and learning now, I was confused by what I was learning. starting trading with enough capital for me will test how strong the analysis is, the introduction of market trends, mentality, patience or the limits of my greed.
many ways to achieve profit in crypto and find what you think is good, comfortable and very profitable

You're very right. There are a lot one needs to be aware of in any crypto before thinking of investment. Is the token an utility token and how sustainable is it?. Those it serves as a store of value.

many groups of people seek profits with hype
because it is very easy to make profit, a group of people flock to create hype

Thats right. To me the most important you listed is what the coin is offering and team involved. When this two are in a project then you have my attention. Without doing proper research and investing based on hype is very risky and they probability to lose one capital is high.
They is no excuse for been ignorant.

The top 3 options of knowledge to be known before investing in ICO are the most important one, with this research 90% you can know about the ICO project base.

Sometimes the opinion of the crowd, too, can listen. If there is a lot of talk about the coin, you can pay attention to it. Means she than the deserved positive attention. But the final conclusion you still have to do yourself.

The cryptocurrency market is so unpredictable that no one can give you an unambiguous opinion about any coin. You should be able to continuously obtain information about the cryptocurrency to learn how to determine the perspective of the coins. You should rely only on yourself, because all the risks for your actions are only you.

investing money in cryptocurrency is actually full of risk because the crypto currency itself is fluctuating if you don't have any knowledge about cryptocurrency maybe someone will quickly leave it and consider cryptocurrency a fraud.

Hey. I agree that knowledge is power. And the process of investing is a risk, because you are giving your money to the disposal of other people.

It's often times the promises that a company/ICO makes when developing/launching a new cryptocurrency to market. The promises made often seem like "no-think no-risk" investments for everyday people and this often times causes the hype around a certain coin. The FOMO kicks in and it kicks in hard.

There are a lot of coins that indeed are top notch and greatly benefit their users but also scams are widespread in the crypto sphere.

Yes ,i often see hype tokens on social media ,So far as i know hype coins is not good to invest,Because if therwa no hype anymore the coins wilp be dead also.Sas that some devs use crypto influencers to hype their tokens or coins.

Good point. Take control of your decisions, and take responsibility of all the knowledge you acquire.

People are quick to look for someone or something else to blame when the prices go to hell, and yet take credit for being smart or wise when they're in profits. I see all whale signal channels do this too. Don't be like them. Make the effort to learn and research, and take decisions based on what YOU know, not what someone else told you.

At the end of the day, win or lose, you know everything was based on what you found, and you can live with that. Crypto is a hype yes, but take away hype and you still have a brilliant idea. Be glad to be use it and be part of it.

investing requires detailed product information that we will use as investment and this is very important, don't be ridiculous just with unclear issues about something and we give our money there

The part that I selected is probably the most important of the post, when you begin looking through icos you should look for reasons to not invest in them, and if you find any single red flag associated with the ico it should be immediately disqualified to receive any investment from you, that way only the best icos will remain and if you keep repeating this process you will surely make money in the future.

I advise always to look at competitors, if there are many, then compare the developers, their skills and experience in the industry to which the project is directed. Recently, a lot of projects appear competing, I myself saw how projects survive only due to the great experience of the team

These are surely important but from an investment critic point of view one of the most important part is to find the weak points and bring in consideration the reasons to not invest in a certain activity. It is one of the best evaluation method. I bet it would definitely work.

These questions are really a standard thing to have in mind as an investor but most people do fail up to follow.Why? because they are just too lazy on searching things up before putting up money and they do only realize when they are already being scammed. Hype is just common on this very unpredictable market not only on the nature of Crypto alone but also this is prone to shills and fuds which fundamentals can really give big effect into this field.

Another good factor to consider when you are looking to invest in an ico is to look at how big is the project that is currently leading the race to be the best at whatever niche that coin is pursuing, because if there is a coin that is extremely dominant at the end it is not going to matter at all how good the project in which you are investing can be, people are not going to stop using the leading project.

Crypto is very risky in inself, and ICOs are even more so. With no insurance here, your only choice is to rely on your own knowledge and experience.
The masses opinion could point out an interesting project, but always do your own research.

Hype coins are more likely a bubble and if you're got caught on top you'll leave hanging there. Usually, they create a hype in the community so many will get curious over it but normally end up shit.

Don't get lure to it because potential icos doesn't make noise hence their victory should be.

Indeed hype is the biggest challenge faced by crypto space currently. There is so much hype around certain events that many people no longer take the time to study prices, and understand what information they convey.
There are many hundreds of crypto, all built by different teams, with different protocols, as well as different objectives and use cases.
So Don't invest because of media or environmental hype.  And one other thing, Crypto Investment is a super duper very very high risk investment, just like investing in an early stage Startup, we will be facing lots and lots of ups and downs along the way. please keep that in mind.