Is 75% discount in presale of a project way too high? What do you think will happen to such project giving away too high discount for a presale? Will this cos huge dump or you've seen projects that survives after such massive discount
UPDATE
I meant 75% not $, that was a mistake and thanks for understanding
Indeed, at the time of pre-sale, the discount given was very high. Some of us think of the huge profits to be made, but some of us think of the next market after the distribution is done. What worries us is not the discount, but the remaining tokens that are not sold and entered on the exchange as a whole, then the market conditions will dump. I think the team should also be consistent with what they have explained in their whitepaper regarding the remaining unsold tokens. The teams often argue that pre-sale discounts are justified because investors during that phase carry more risk. While in the real world that is true, in crypto it only means that the risk for investors during the other investment rounds is extremely high that they just get dumped on right after the coin is listed on an exchange. |
|
|
|
Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?
Will we see the same scenario in 2018 or it will be different this time?
Bitcoin is now different from year 2018, the price is amazing it reach 60k$ and I don't believe that it will fall down below 20k$ in fact it is now start rising after it downfall up to 29k$ last week. I believe that bitcoin will rise soon and reach another ath. I guess for now OP got his answer. With this push towards $40k, I would say it is almost impossible that we will see a Bitcoin price below $20k anytime soon. It is 100% impossible, but seriously it is highly unlikely. That would mean a drop around 50% from where we are now and I think the resistance will be way too strong for Bitcoin to go below that level. |
|
|
|
But I did not choose to buy Dogecoin. I didn't see Musk's tweet in time, so I didn't plan to buy it again, but I didn't expect Dogecoin to still skyrocket.
There will be new opportunities in the future. I am willing to learn more about this market and find the next "Bitcoin".
The Elon musk moment happened unexpectedly and it's very natural if you don't buy doge, it's indeed become a trend for meme coins or coins like that, and if you said want to find the next "bitcoin" I don't believe there will be a coin like that. but to become the next ETH or BSC it seems that there are some coins that are starting to exist and almost have similar features and are very likely to have value like these two coins.That's why I now prefer coins that have their own smart contracts or can impact other projects. because it is very possible to have a high value compared to randomly choosing other coin. No way... It also doesn't make any sense to say that a coin with the same features like BSC or ETH will also have the same value in the future. Wh don't all those Bitcoin forks then not have the same value as Bitcoin does? Because the market isn't interested in forks that lack innovation. BSC and ETH are way ahead of their game, they are the standard setters as decentralized and more centralized (BSC) smart contract platforms. |
|
|
|
Opportunity always come once after another but with investment you need the courage as well as money, with courage alone it won't be sufficient and to find the next crypto that's gonna be big and give you return of investment gonna be hard but if you always have capital to invest one after another I think the chance that you gonna be "accidentally" investing into a crypto that gives massive ROI is big but you can also always use a good analyzation to find a good crypto.
Yes there is sometimes also luck involved. I think a lot of people realized in maybe 2013 that Bitcoin is going to be huge, but they may not have had the means available to really build up a substantial position. I know a couple of guys who wanted to invest but they only cash they had was three figures because they were studying or whatever. Sometimes in life it is the right place at the right time with the right amount of cash!  |
|
|
|
It's funny that when the price was going down a lot, all analysts and famous people kept saying that the price would go down a lot, they were all peximists, and now that the price is going up a lot, everyone started to appear again on the news channels and on social networks to say that the price will go up a lot, it seems to me that we will always see this same cycle:
price drops = everyone makes very negative forecasts
price increases a little = everyone shows up to make very high and exaggerated price predictions
and the cycle will continue for many, many years
It feels like it has been that way forever. The best choice you have is to mostly listen to yourself. I think in crypto it is even more about yourself than in other markets, for instance like in real estate. Real estate is so nontransparent and complex in a certain sense that getting an expert opinion can't hurt. When you grow up with crypto and you put some effort into it you most likely have sufficient expertise to really rely fully on your own judgment and the information you can gather on the internet. |
|
|
|
Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage. I'm not nailing the bottom, because I'm bullish on bitcoin. Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market... Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics. The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Always been like that on where people do really end up on buying on higher price or when Fomo or rally is happening and doesnt really do those things when the price is going down. Its a bit understandable that we would all be that hesitant and as part of human nature then it isnt surprising but there are ones who do really take a risk and dont mind about being scared nor fear out and its neither they do lost money but most of the time, bitcoin does recover which simply means that they are really making profits later on. It is just a matter of risk taking but not all would really be having that kind of behavior. It costs more mental strength to buy an asset that is on its way down, but that is exactly the right way to go about it. As you said if FOMO kicks in you are going to make bad decisions and freak out even more when right after you bought the coin starts dropping again. If you buy smaller amounts while it is dropping you feel better with every positive bounce it makes. Still, that's something you got to learn. |
|
|
|
A true believer of bitcoin will not going to hesitate to put any amount of investment even it is small from time to time because they believe that bitcoin was made for a long run and long term hodling. This is already proven and we've also witnessed the ups and downs of market price way back when bitcoin wasn't pricey enough compared today. In my case I am patiently waiting for the rising of bitcoin price again which I believe that it would be possible before this year ends, i believe that there's nothing to be fear of.
This is basically explanation of what I have been doing for years. I believe that bitcoin will be a huge thing in the future, it is already quite big and I really like it but at the end of the day we know it is not where it could be, it could be a lot more, a million dollars per bitcoin is not out of question at all and that means we are talking about 33x increase in price give or take, and I know not everyone can retire with 33x profit, I know we need more, but we could just keep on investing more and more into it, even if it is just 10 bucks time to time, that is going to eventually reach to a level where we will feel a lot more comfortable with, it is not going to be a million dollars each overnight, so we have maybe a decade who knows? So, in that decade if we could put more and more money into bitcoin and some other crypto then we could actually have a chance to retire. That is my plan at least. When you asset that a million dollar Bitcoin is not out of the question at all, did you do the maths before putting your statement the way you did? I am not saying it is impossible either, but it would give Bitcoin a market cap beyond $20 trillion. That is quite far fetched for now. |
|
|
|
The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor
I agree this is an open market although we have whales controlling it The whales are no longer the market controllers but they are the manipulator while the institutional investors are the current controller. Having said that, according to the research did by a market trend examinator Willy Woo the major buyer/accumulator in the market are ordinary people who have at least 0.1BTC to 5BTC. we are left to decide how and where to invest and who we listen to, some of these influencers are just leading you nowhere, you have the market, the fundamentals, and the news within your reach, analyze all of this and you can come out when and where to invest your hard-earned money, but of course only invest what you can afford to lose.
This will never happen because 95% of all crypto investors are more into profit than the technology not to talk about doing research. How do you know what you are saying about whales? I think the whales will forever be mostly the exchanges. I have no clue, but I am quite sure that the five biggest exchanges control the vast majority of BTC by now. Just look at the volume and how many BTC they cash in on a weekly basis. Multiply that by 52 and you know what they could be sitting on. Low operating costs, almost every trade sheer profit. If they stick their heads together, you have a real round table of big fat whales. |
|
|
|
huge discount was not effective anymore in project, many investors affraid if by this huge discount price will dumped by whales investors.
Agreed, that's why some investors didn't even like the project that was using the big discount to attract the buyers. They were thinking this scheme was a shady scheme right now. The real investors didn't even care about how much that will be paid as long as the project was fully active and it can make them all money in the future. People just realized it after these scheme used by scammers to sell their garbage tokens. Big discounts are always a red flag. Have you ever seen some bluechip company, a business with world class people and quality, throwing away shares at big discounts? If a project has a very convincing strategy and product there is no point in playing around with suspicious discounts. That's what projects do that already do have a plan, but the plan is not to make its investors rich! |
|
|
|
I also hope that new coins can skyrocket again. But I'm also worried that new coins will continue to fall due to the influence of the game on the market. At least the new coins can reach 5 (five) times is enough.
No, that depends on the project itself. The game was aiming for the people in crypto who interested in playing the game. How much ROI that will be achieved by such coin will also depend on the hype. It can be said if it's not all coin can reach huge ROI. the hype will be determining which coin that will be generating big ROI to the early investors. The problem how can you get in the early sale when there were very big demand? As we can see already the market shifts more and more towards passive income options although I don't know whether they are really that good. A lot of people like farming and liquidity provision although there is also risk involved. I also highly doubt that there will be other coins going for a 100x or even more like Bitcoin and all the other older coins did (Ethereum, Litecoin, Monero, Dash, etc...). Most of it will consolidate towards these established coins. Some will have a pump, but I can't think of a coin that might do a 1000x or even bigger than that. |
|
|
|
Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.
While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin.
Only trial and error must be felt by someone who just wants to invest in the cryptocurrency world if he doesn't have a partner with high knowledge. We can think of a result of the decisions we make, but in reality and after being applied, the results are not what we think. The high flying hours greatly affect one's understanding of how investing in the crypto world works. This is not instant science, it takes a long time to understand how cryptocurrency works until we can make money from it. But trial and error is also a good method to actually acquire knowledge yourself. In other areas, like launching startups and becoming self-employed, you are actually told to go for the trial and error method to become a better business man over time. I think that also applies to investing to some degree, doesn't it? |
|
|
|
|
Bitcointalk username:revilo
Link to Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=105161
Name of campaign(s):Signature Campaign
BEP-20 wallet address:0xC177239bf3Baae641C77f4c42140C24F3E766948
|
|
|
|
Did anyone else miss out on the Dogecoin run?
This is up 100x over a year or two, and it is still going higher.
Wow.
$40 Billion marketcap now, how high can this go?
I missed out completely and I will confess I didn't expect that in the slightest. I ask myself if this was mostly Elon, but then DOGE was already quite big when he showed up. Not that big of course, but relatively big for a meme coin and I thought that that on its own was already quite the achievement. Now what can you say seeing DOGE peaking at over $0.60? This is crazy. right, when the doge experienced a pump, at that time the doge already had a good reputation, because there were influential people who led opinions against the doge, causing the doge to skyrocket. and currently the decline of doge is still at a normal stage, not a dump incident, i think this is a madness in doge Oh yes it is getting dumped like hell. Losing 70% of its value within a matter of two weeks or so is definitely heavy dumping. Or is there any other term that comes to your mind? Even a correction includes the term dumping. This was definitely people taking profit and in addition people panicking and cutting their losses, especially if they bought at $0.60 and even more than that. |
|
|
|
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price. usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time If it's really a good project then time will come that the coin will pumped, it's hrd to predict the exact time but the possibilities always present, You need to work deeper as the volatility really hurt your investment if you failed to catch the right asset to support. Most projects still lack real life use cases, like use cases that really bring benefit to its users beyond just sending value from A to B. That's what they all offer at different transaction fees and speed of course, but it is time to see some use cases in action. That's still too rare. |
|
|
|
It will impact in many ways, the role of stablecoins in this market has been an integral part.
I think stablecoins will have a positive or negative effect depending on the current market trend.
The market trend has absolutely nothing to do with the situation of stable coins. I would love to hear your reasoning that led you to your post... Nah, better keep it to yourself. Stable coins are a perfect bridge between crypto and Fiat and they will be forever. Just the technology that those stable coins are based on will vary and change over time. There are already several approaches to providing a stable coin, most of which are centralized. |
|
|
|
Haven't we've seen bitcoin goes down trend for so many times and it hasn't recovered yet that we've been to the ATH. I think it's a good choice that you're looking to bitcoin if it's starting to go down because you'll have the opportunity to have it while it's going down and its price is cheap.
Whether you like it or not, if we see bitcoin goes down, it shall return and recover later on and that's why don't be scared if you happen to see bitcoin corrects again.
What do you define as a trend? A short time span of a week or a month? I think Bitcoin is still incredibly well on track to grow further. What we've seen this year so far was remarkable. A week shall be enough for a trend but it can take effect until a month. You're right about bitcoin, it's always been like that. You see it pump and then you'll see it dump. But whenever it's going to dump very hard, you're going to see it recover soon. That's how bitcoin resiliency is, as we're all knowing how it recovers quickly once it corrects. It depends on the trend you want to look at. Your sentence doesn't make sense. If I want a short-term trend I look at shorter time intervals. If I want the long-term trend I look at longer time intervals. The long-term trend of Bitcoin is clearly positive, we came from around $8000 and went up to $65000, now we are at $35000. Overall a positive trend, but if we look at the short-term trend one could argue we lost almost 50% while the long-term trend guy might say we gained over 300%. Question of what you want to look at eventually. |
|
|
|
I think no, people are hooked up into crypto because the volatiliy of the coins is so agile. A stable coin adoption could be possible but i think not so many people will use it as a daily transaction method due to already many digital wallet that already there nowdays. So i think the unique things about crypto that hooked many people are their price are volatile and people are loving it.
They want to make fast money from the volatility and they will try to search for profitable coins because they know that the stable coins can not give them the profit. Stable coins help them reduce the losses that can happen anytime, so when they see the price is down, they will convert the coin to stable coins. Maybe people can also use stable coins as the payment system because the price will not have too volatile compare to bitcoin and altcoins. The volatility of the bitcoin and altcoin tempt them to make money and convert it into stable coins to save their money. No, when they see the price is down they do NOT convert to stable coins. They convert to stable coins when they see the price is high and could drop. If you think the price is low you want to get out of stable coins in order to reap the benefits from any increases in coins like Ethereum or Bitcoin. Some traders do that to save their money value because if they still hold while the price is going down, they will see the value will follow down. But if they convert it into a stable coin, they can buy back with more amount instead of just seeing the price is going down and decrease their money value without doing something. But well, every trader will have their way to prevent the loss, but the stable coin will not replace bitcoin adoption because people will see bitcoin for the first time than to see stable coins. People join in cryptocurrency because of bitcoin and not stable coins. Stable coins are a tool for Bitcoin to see more adoption, not Bitcoin is a tool for stable coins to see more adoption. Stable coins are so far a centralized necessary evil to get cryptocurrencies into the mainstream. Bitcoin is tool volatile and it can't be expected that volatility will go down anytime soon. It may not go down forever because it is a traders' toy by now. You can short it, you can leverage it, you can lend and borrow it and what not. It just isn't stable enough to meet the requirements for a daily medium of exchange. |
|
|
|
I think no, people are hooked up into crypto because the volatiliy of the coins is so agile. A stable coin adoption could be possible but i think not so many people will use it as a daily transaction method due to already many digital wallet that already there nowdays. So i think the unique things about crypto that hooked many people are their price are volatile and people are loving it.
They want to make fast money from the volatility and they will try to search for profitable coins because they know that the stable coins can not give them the profit. Stable coins help them reduce the losses that can happen anytime, so when they see the price is down, they will convert the coin to stable coins. Maybe people can also use stable coins as the payment system because the price will not have too volatile compare to bitcoin and altcoins. The volatility of the bitcoin and altcoin tempt them to make money and convert it into stable coins to save their money. No, when they see the price is down they do NOT convert to stable coins. They convert to stable coins when they see the price is high and could drop. If you think the price is low you want to get out of stable coins in order to reap the benefits from any increases in coins like Ethereum or Bitcoin. |
|
|
|
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price. It is not always about patience only, it could also be about necessities. Some have invested more than they can afford to lose. For them it just means calculating what kind of loss they can bear. Kind of like a mental stop loss barrier. If we reach certain points, some investors will be forced to sell no matter what. |
|
|
|
It started before you even knew it. The bear market has started, but that won't make the price of bitcoin fall very deeply. so far bitcoin's resistance point is at 30k, and it's been a few weeks it's still holding up. this proves that bitcoin is still quite strong. maybe this situation will last a long time. bitcoin will go up and down between 30k to 40k.
So far resistance point is around $30k and in case of going below this point, $25k can play the support line role. Unless something bad happens, the market is not going down below $34k and the chances are higher for the upper side direction of the trend compared to the downtrend. I will go for altcoins instead of trading flat market BTC prices. The resistance above $30k has been holding strong for quite a while now, but even if that breaks I cannot think of Bitcoin going below $25k. I think buying pressure would come up so hard with all the retail investors having the all time high in mind. Even institutions who got in this year are probably going to stock up at that price as they have a whole different perspective on return on investment. If they see the opportunity for 30 - 50% plus within one year, that is phenomenal for them. If it drops below $25k I'll stop with my predictions... if bitcoin is at a price below $25k, I think it will be an interesting area to buy, because in 2017, bitcoin created a price peak around $20k, and that means the price is entering the support area, and I think it's worth buying. but indeed we only predict, and there is nothing wrong with analyzing someone before the market happens pasar Ok now it becomes interesting I would say. It is difficult to think of how low it could go. You would think it can't go too far or otherwise so many people would be willing to sell at a loss. Or could it be manipulation? Hard to rule that option out but we'll never know anyway. |
|
|
|
|
Show Posts
