Very simply, the loss of control of greed for the uninformed, or it is a real opportunity for those who see a profit from FOMO. One thing is for sure, most signals to prepare for an outburst are rather vague, like turning rumors into facts.
Well, some people doesn't need to be informed about the project of the coin, they just wait for a pump. When the coin pumps, many people will look into the coin and try to find the opportunity to buy with a good price before it pumped harder. That's why FOMO will be occurred when the coin pumps. |
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Recently most of the animals coins specially meme coins becoming scams. A few months ago I invested dogecoin coin and safemooncash both are scams projects. But some nft project also scams and given me a lots of losses.
What do you mean dude ? dogecoin is not a scam coin. Indeed most of meme coins are not good to invest, but doge is not scam. OP said that 95% crypto are fraudulent, but i think it should be less than 95% because there are many good legit projects in crypto as well. Maybe OP mean 95% of meme coins. |
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Hey Fellas,
I bought some SFM @ 3360 and it's @ 8132 right now.
I am planning to go for a long term investment on this.
What is your opinion or prediction about this?
I would love to know your feedback.
There were many people skeptic on SAFEMOON at first, but now we know the value of the token can be build by the community. You are good because you still have the profit although you were not buying early at the beginning of safemoon. If you want to early investing, try SAFEMOONCASH ( https://bscscan.com/token/0xf017e2773e4ee0590c81d79ccbcf1b2de1d22877) The token already has 40k++ holders and it looks like Bitcoincash of Bitcoin. |
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it all depends on how you know the coins you want to invest, if you want to get big profits, of course you have to be able to accept a big risk too, Pancakeswap is a place for new coins to grow, if you can find tokens that have the potential from the start, of course big profits will come your way. Likewise, vice versa, it takes extra care to invest there.
The OP is talking more of coins that are cloned, coin with same name but different custom addresses. They are fake coin found on Dex and traded to scam traders. It is important for both new and Old traders to understand ways to identify fake coins and prevent the trade. IMO there nothing exchanges and owners can do but traders might need to be more careful Copy cat fake coin is the worst scam in decentralized exchange, we should more careful when using DEX. I always check the address of the token i want to buy because anyone can list their own token in decentralized exchange like pancakeswap. This is why some people prefer to using centralized exchange than decentralized exchange. |
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I’m new to this so might be a silly question but why are some coins expensive from launch? Like from $1 an counting where as others launch at 0.000+. And some coins backed by so called “low rent rip off” companies (pancakeswap) have currencies that reflect the former coin and “respectable” companies (Cripto.com) have coins that reflect the latter.
Hope that makes sense apologies if it doesn’t
We shouldn't look only the price but every aspects of the coin such as total supply of the coin, and total coin for sale, % allocation of the coin, etc. Some coin could launch at $1 / coin because the coin supply is low. On pancakeswap, there are many tokens launch at initial price like 0.0000~~ because the supply of the coin is more than trillions, or maybe quadrillions. |
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as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.
Actually, the price of UNI and CAKE is getting higher because people sold it with cheaper price including you, and later many people bought them with a higher floor price. We all learned by our mistakes, and i think there are many new exchange coin/tokens out there. Banana coin from Apeswap is one of them, why don't you try to buy some ? |
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Cryptocurrency Invest 2021
-BNB
-TRON
-TKO
-SFP
You can analyze the altcoins I mentioned regarding the concept and also the benefits they get as a holder. now is the right moment if you are interested in investing because there are so many altcoins that have good concepts. when the market is bull like now you will get a lot of profit. you will get a fast increase in a short time. but it does come with risks
Could you give us the reason to invest on TRON coin ? I know BNB coin is good to go, but TRON ? Other coin that worth to invest for me is ETH, just look at ETH price will make us want to buy it and hold for long time. |
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My God, you are right, the token has been transferred in large amounts. I feel sorry for new investors who bought them before the dev sold their token.
Is there no lock period for team token ? If the lock period has over, then the token may getting more dump because the team have free token to sell.
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"No pain, no gain!" This suits the investment endeavor too. So, if one cannot handle the risk or "pain" of losing some moola into crypto, then gaining will be hard.
Yes, I totally agree, several exchange projects are great for investing. I do see great potential in token swap projects too. A good example with a promising future is the upcoming Mocktail finance. Using Binance smart chain is one way to gain trust and reduce fees.
The risk will always exist in any kind of investment, include in cryptocurrency. If we already done some researches on the project and believe the project is good, then we should take a risk to buy the coin. We will never know if the coin goes well later and become top coins like BNB. |
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Sometimes there are some execptions, what goes up, doesn't goes down as much as it goes up.
As we know, bitcoin price is keep going up from year to year. Indeed there are some down movements, but it is not much.
My conclusion is, what goes up may goes down, but not 100%.
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people think that the price of BNB is already very high, even though in my opinion compared to ETH, the price of BNB sounds more reasonable and lower, so the possibility to go up, still has great potential, because BNB is far superior to ETH, and yes ETH can easy to 1000 $ immediately
WTF man, ETH is already above $3k++, did you mean BNB can easily go to $1000 ? I think it is very possible for BNB coin to hit $1k later, just look at the chart of the price in few months range. The burn events in the future will makes BNB coin price even higher than the current price. |
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I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
That's it, we should not let emotion control our rational thinking. The dip could be a trap to make people sell more. If we see a dip happening in top good coins, we should accumulate them as many as we can because it will correcting back to the normal price or even higher once the dip period ended. |
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one of the strongest weapon of bsc chain over eth chain is the low transaction fee which has been doing well for some time. recently i noticed swapping on bsc dex now cost more than usual. i thought maybe its because of the congestion but then i tried like two to three times and its same. then i noticed the problem of high fee on eth chain is begining to appear on bsc chain. i feel this is too early despite the many hype that bsc chain carries with its enormous growth in a short time. does this mean the high transaction fee solution still lies on eth chain maybe when its 2.0 is launched. ? lets me hear from your views about this.
Are you serious ? I saw on gas tracker etherscan website, the gas fee is very low friend. what did coin did you try to swap ? and what wallet did you use for swap ? I was using trust wallet and done some swap between bsc bep20 token to bep2 token with low fee. |
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People be like Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  today, isn't this laughable?? I be like It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now LMAO, what tokens did you hold anyway ? If you held top tokens/coins from 2018, you would already have much profit now. But there is always uncertainty in cryptocurrency. As long as you believe in the project, just buy their coin/token when it still cheap because we won't know if they become a great project few years later. |
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Keeping money in your own cold wallet is the safest way to store your data offline or a hot trusted wallet better suited for a particular purpose like decentralized exchanges trading. On centralized exchanges you should have only the amount that you want to trade.
Good advice, yes i agree with you. We should store our coin in centralized exchanges just for trading. Holding for long time using centralized exchange wallet is a bad idea because we will never know what will be happened there. Im only trust top CEX such as Binance, and my local exchange, other that those, Okex or Kucoin are the alternative. |
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Honestly I would rather invest and thats only since I don't want to take the risks of trading quite yet. Im holding some DIVI. Im also earning passive income from them by staking, which is super easy to use. If you want to then you should look into them.
Why not to try both of them ? Invest is for long term and trading is for short term only. Investing is good, we all know that cryptocurrency value has increased much from the beginning, so investing in crypto is a good thing. While waiting for our invested coin grow, we can try to learn trading to get short term profit. |
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Bounty Hunters Don't ReadThis thread Explains itHowever, won't be surprised to see another application below  lol They refuse to read the thread very well and understand the rules They are very much in a haste to earn and that is why they earn up being scammed. They sheepishly follow existing application They refuse to doubt when it sounds too good to be true ***** Just imagine application kept coming in, in an April Fool's Thread. Are these applications from bots... They don't read because they are bots, many people cheat with this way i think. It is very important to read the rules before we participating in any kind of campaign so we won't complain later. There is always risk of project fail when they don't hit the target, that's why we should research the project with our full efforts before join. |
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Shit coins are better than scam coins, we shouldn't getting touch with scam coins.
On shit coins, you will never know if they become a real coin in the future (the project is developing).
Nothing worse than scam coins, not only useless but also steals money from people, worst thing in crypto, makes cryptocurrency image bad for common people outside crypto.
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I suggest you choose an altcoin that already has good prospects for short and long term investments, such as ETH, BNB, LTC, etc.
but if you invest in DeFi select the top level, all the choice is yours alone, we can only suggest it
Yes, nowadays most of the tokens are good to choose in terms of investment, but the best ones are always at the top level or the top rank because tokens that are often in the top rankings are always interested. Top coins are the best to invest because it is safer than new altcoins. New altcoins may offer higher profit, but nobody knows what will happening later. With 5k dollars, i think it should be enough to invest on several coins instead put all in into 1 single coin. If i had 5k, i would buy BTC, BNB, ETH, and DOGE. |
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