It happened two days ago that the project I staked my assets in was hacked. Someone created millions of this project’s tokens and this way it was devalued. I lost more than 100$, but I was ready for it, so I am not very upset about this. Nevertheless devs promise compensation, I don’t really believe that we will get something. So now I think that it is too dangerous to invest in new defi-projects. Now I stake only in pancakeswap.
Learning things the dard way, very useful since you already have first hand experienced and it will give you instinct everytime that you'll going to invest, the feeling of doing good research and investigating the team behind and what really the purpose of the project, some of those key factors that you learned when making mistake after investing to the wrong project. |
|
|
|
a project team members also giving you hope and normally they'll try to prove their project as most demanding and best one to you. Thats the commom way to grap assets from investor by trapping a! you are new in crypto, so you need to spend some more time to catch out between real and fake one! Till that, you should only investment with coins with top ranks! there's no chance to get fruad
To correct that, you need to spend more time in order to learn more deeper about this business that you are working, there are many newcomers who lose their money investing with scam project due to laziness, they didn't review and quickly put their investment to project, ended up losing a lot. |
|
|
|
Any twitter/tiktok/instagram influencers you follow to get insights or find knew tokens worth buying?
Not those with fake followers and retweets but legit sphere of influence.
Personally I try not to rely on somebody’s signals, I try to make decisions on my own, although it is much more difficult. Nevertheless, I follow different bloggers in Telegram chats who do research on different new projects. As it is not easy to read all docs and understand the idea. And bloggers will explain key points and then I can decide if I am interested in this project. They shared key points that will allow readers to follow and see if that works for them, I like those bloggers who shared fair reveiws and not just for the sake of advertsiement. You need to make sure that doing your own research won't not be forgotten, it will established the chance of benefiting from the project. |
|
|
|
that's because greedy human nature keeps them afloat and holding tokens that have reached their peak, for people who have had bad experiences in the past, because selling too late won't do that
Becoming an investor or storing altcoin assets does have risks and must be prepared to take that risk. many new investors have had bad experiences. but in terms of the experience of the error, we will know a better investor knowledge strategy. from my knowledge it is better to invest in the top rated altcoins and keep short term, because each coin has its own significant movement. for me it's to find safety and can be an advantage I think it's true that playing on cypto has risks and must be prepared to bear those risks, but the idea that you apply for some people to play it safe they will look for the top 100 list board because it has great convenience There are people who will work with this kind of strategy while others have different interpretations, the best thing to do is not to stop doing your research and keeps yourself updated each time you participate with any project. it's accumulate knowledge and it helps to lessen the chance of losing. |
|
|
|
I am a holder and I like to accumulate very undervalued projects but with future potential, Phore seems to me one of them and therefore I am confident in the long term.
I think Graphene will have a much faster impact in the cryptosphere.
Looking forward to see that, it's good to wait for now and see how Graphene will impact the whole ecosytem. Long term investors understand the value of holding as they see potentials, still have 2 more days and after seeing that huge dumped a couple of days ago the market is now again moving upwards. |
|
|
|
I don't think taking small profits all the time would be ideal but will still depend on the trader's skills and understanding of the market. I would prefer to take huge profits one at a time so I'll get a better amount. We could actually be a short term trader or a long-term holder depending on our comfortability. We could apply different strategies as long as we're gaining profit.
we have to comparing our profits target with risk that we have to face, money management teach us to use proper ratio between risk and profit. we should not open trade when risk that occur bigger than profits potency, it could not make us survive in market if our loss position have bigger amount. That's valid! if you don't see the value of profits compared with the risk that you'll going to take either to take a small investment or forget about it, it's very important to know how will you balance the risk, more on good money managements that will drives you to earned decently with much lesser risk to take. |
|
|
|
If it's based on need then I like BTC because it has a value that many people (not all) agree on. Like the official Fiat currency that is recognized as a means of payment, unfortunately Bitcoin has not been officially recognized. So there is an element of need to increase the amount of BTC I have. So I will continue to learn how I understand the market for this purpose.
Understanding and continue to chase for more learnings allows you to earn more in the long run, either you are into investing or you are into real adoptions where you'll going to use this as means for payment process, it's all about how you want to succeed from this industry. |
|
|
|
Aside from Bitcoin (BTC), will long-term investments in the crypto space provide any guarantee?
Of course my question is based on some experiences that occur in the market.
My observations of crypto market conditions, such as there are groups or people who do things that cause the price of other coins to only last for a moment.
Please have a discussion that makes all participants gain new knowledge.
To answer your question directly and shortly i would say No, you never have a guarantee that you make profit for sure if you invest into a crypto currency and hold it for a few years or so. For most projects that people bought a few years ago and held until today it is probably true that they are still very deep in the profit zone right now, but of course there can never be a guarantee that this is still true for the future. I think though that it is still very likely to still be true, as i am pretty confident, that if you buy some BTC, ETH or some other well established crypto project right now and hold for at least a few years that you can make a profit with that if no big unexpected happenings occur. Always to established your proper understanding finding the right project for long term holdings, many failed even they hold their coins for the long period time and suddenly got bored and sell it out of timing. You need to have the patience and good control especially with your emotions, it helps to continue being positive to achieved success. |
|
|
|
Although Bitcoin will not rely on company development, sooner or later Bitcoin will be used by companies. Bitcoin is still unstable. Many companies feel that there is still a risk, and many whales also want to push up the price of Bitcoin to make profits. Maybe many companies make plans because of the value of Bitcoin. If one company takes the lead in using Bitcoin, other companies will follow suit when they see it. We can only wait patiently and wait quietly for the development of Bitcoin.
Of course it's unstable and volatile but it didn't stop other companies from adopting bitcoin since they still made a lot of big money out of it despite the prices not being volatile, I think the reason why some companies don't want to get in bitcoin is because they still can't find an opportunity that their interest will benefit the most. Knowing the mindsets of those business man, they will take their time understanding the possible benefits that they've got if ever they start to adopt and embrace this new system, they don't want to have any hassles while using the system. And most of it, they wanted to make sure that it will favor them and earned out from the adoptions that they going to take. |
|
|
|
this is very encouraging. I believe this is the news the community has been waiting for. now we are getting closer to a new ecosystem that will be very strong in the market. all snapshot participants immediately prepare to claim GFN tokens. What awaits us, a huge sale as soon as the claim is available? Or will the airdrop method divided into 6 snapshoots have given the strong hands the opportunity to participate and contribute in the long term to the vision of the project? A good question to ask, I'm one of those who participate with the signature bounty and until now I keep all my rewards. I see the vision of this project and looking from the last time high the chance still possible since the team are still working and they didn't abandoned this project. Just looking forward to see how GFN will affect phore and how it will succeed from this industry. |
|
|
|
For anyone holding must be consistent because holding requires a good consistent attitude. Crypto market conditions are very unstable, you must be prepared and should not be exposed to any issues including panic selling and the like that end up selling your assets. so in my opinion the holder must survive and be ready for any conditions
One of the great problems with holding is that it seems deceptively simple, after all what it can be so hard about buying bitcoin and then keep it? Well things are more complex than that especially if we take into account that thanks to the volatility of bitcoin its price can go down really fast and suddenly you find yourself facing massive losses and then you have to endure these conditions for months or even years, this makes a great deal of people to fail on their goal to become long term holders, losing money they could not afford to lose in the process. If they keep looking inside their porfolio even they are aimng for long term goals, it's unavoidable that they'll failed, but if they will not do that and they stick with the plan, buy and hold or buy then set your target selling price, forget about your trade or visit and check it once in a while just to make sure your assets are safely stored. |
|
|
|
Once again the market has been manipulated after the statement of Elon Musk "Tesla will Re-accept Bitcoin" and this way based on the volume of accumulation one day bitcoin network might go completely into the hands of centralized powers.
It needs to be allowed for its real growth. Quite often these guys manipulating the market looks like an asset that doesn't have its own value, but depends on someone's words.
Thats just how the world of investing works , I think its the strategy that elon use to to manipulate the market cause its definetly easy to manipulate and he just trying to get a good entry for big profit. You can see it oftenly when the market is down, people trying to put gasoline into the fire to make it more down and when it goes up they just trying to make it higher and higher by praising it. common practices of those big whales who understand how the market works and how they can easily move those people who are trying to ride with them, once the market is down more money being thrown to put it to much deeper value, then when known personalities start to call and praise it then expect the next move to favor the market back. |
|
|
|
society is more and more progressive, electronic money is more and more applied and used in many different fields, many people, many countries see the potential of cryptocurrencies, so the popularity of cryptocurrencies It will increase even more in the near future
With the popularity of digital money plus the investment side of this system, more and more people are being attached to this industry, we see more progpress and wide scope of people who are now engaged with crypto. Here in my place, people start to learn crypto because of new NFT game they are now into crypto because the game lead them and simply they understand the value of crypto. |
|
|
|
Still you can't ignore a lot of old altcoins those are strong fundamental. And also team's are so active to upgrade with new technology. Without a few coins mostly oldest coins will not up and down like new coins, So investors are desperately going to pick new ido,launched projects to make profit 5x,10x like that.
In such case investors who wanted for a quick ride will choose initial offering projects while conservative investors will continue to buy old coins that have solid foundations, they are aware that even in a small profits is better than being stuck and loss their investment for buying new tokens. |
|
|
|
Ethereum is a very large platform and there are many tokens on the market that use ERC20 so it's impossible for many people to abandon it, despite the fee frenzy some time ago but now it's back better
Yes it's true, ethereum is one of the biggest altcoin platforms that many projects trust to work on and of course almost everyone also has no doubts about ethereum, even though transaction fees have recently increased on the network, but I don't think if they will leave the ethereum network just for that reason, but they will just look for alternatives like BSC for now. Indeed, being one and the first smartchain, ETH still have a lots of end users who continue supporting this system, though unlike before that everyone are stuck with using it but now that BSC has been offered where fees is really smaller compared to ETH, but it's depend from how the community and develpoers choose which chain to use. |
|
|
|
At first I didn't have a good knowledge of the market so I lost a lot by going to trade. Regulatory bodies still remain largely the same in a rapidly changing market structure no such change has taken place neither in its tools nor in its course of action the biggest shortcoming of the regulatory agencies is its lack of curiosity the players have adapted themselves to adapt to the changed situation. But now I started investing I have earned a lot of money by investing and have had success.
Along the way, with your willingness to find the right patterns to succeed, trading is not a one time big time blowout. it's a process where people/ traders needs to understand and make sure to keep learning, when executions comes you always have a better chance of winning a trade. |
|
|
|
XRP is one tough coin that after all that happened it's still maintaining a good position on coinmarketcap and for a long time now, I haven't heard anything about the SEC case (or maybe I wasn't following up again) which is now giving the coin more room to breath and grow, and maybe regain its position on coinmarketcap, although it might be hard to happen again.
Well, talking about the price of XRP, much have not been heard about any developments and owing to that, the price pump will somewhat depend on Bitcoin, that is, if the bulls returns and Bitcoin pumps bringing about good confidence and positivity to the market, XRP might follow suit as their holders or big players might want to pump it to $1.
Close again to $1 and still pumping, regarding with the open case there's still no updates if what happened to the SEC decision but seems that bag holders are working currently and continue to collect those cheap coins inside the market, good for early holders who kept their assets inside their wallet while risk for those who are now going to ride, knowing how easy those big holders can dumped what they've got. |
|
|
|
Consistency is key to any profitable result. Trading comes with lots of market behaviors and it only takes a consistent trading to master a handful of this numerous behaviors. A trader might take a trade from a good entry point but fear would make him close just too early due to retracement. Knowledge is lubricant that brings out the best of every trade but consistency improves on the knowledge
Experiecing the actual market in a continous ways makes you assess and anticipate much closely, the market have different behaviors as you said and there's no questions with that especially with high volatility, it's difficult but with your ability to adopt in the long process you may succeed. |
|
|
|
Yes, after all for me, TRX is a potential project because I see that in the future TRX can grow,
but indeed we have to be patient waiting for it because maybe it takes a lot of time,
it can be tried there is no harm in investing in TRX
No harm if you have decent amount of spare money, why not add this to your porfolio as it can grow and provide you decent amount of profits, just use your time to do your research and keep following the movement of this coin for much better assessment. |
|
|
|
Ya i will wait 2 years 3 years it doesnt matter, im fall in love with most of my coins since i love the community and how the team visions realized.
Also, i think the coins still undervalued and the price can pop up anytime.
If you love your coin too much, then it will be very difficult for you to let go, because someone who falls in love with the coin, he will not see how much it costs, but he will see the name and positive side of the coin even though the community is not too big. Good factor from the coin you are investing, the more you engage with the development the more you really aiming for more, to the point that you already forget that there's cycle where dump may take place, but along those lines since you really love your asset then selling is not the first option but to continue buying and holding for much higher benefits. |
|
|
|
|
Show Posts
