Kemarit
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Activity: 3262
Merit: 1386
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September 19, 2020, 12:35:38 AM |
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Well, as what I have been lately, it's possible for new altcoins to bag his 100x or even 1000x because the market seems to be on a good mode, a sort of mini bull-run, if we could say that.
And with all the DeFi hype around, just a matter of time before developers and whales work together to manipulate the price of a new release coin because it happen in 2017. Wherein I would say that they indeed colluded with each other to make money out of those noobs, who irrationally but everything they can get their hands on. So with that said, be careful with this pump, specially during a bul-run that is projected next year as it will be very different, many will be REKT! if you're not careful.
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crwth
Copper Member
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https://linktr.ee/crwthopia
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September 19, 2020, 12:42:22 AM |
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There are only selected cryptocurrencies That have real value and will multiply by 100X or 1000X by investors Believing in the value of it. It’s not as easy as looking at new crypto and investing your money into it. You need to have checked the background behind it and how the developers and the whole project will do.
Usually, if it’s like any other cryptocurrency goals and roadmaps, it’s just a copy-paste, and the coin would likely be dead soon. If you struck excellent crypto, then good for you, but most of the time, it's just another shit coin.
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jambul_kribo
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September 19, 2020, 01:42:09 AM |
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The prices of newly launched cryptocurrencies normally will pump to 100x to 1000x in short terms or in one year. If we invest 1K to 10K in one of these, we may earn millions of dollar in not many years. Maybe just in several months.
Current old cryptocurrencies are forceless but i think investing in those new, fresh cryptocurrencies can bring wealth very quickly and easily.
Do you agree? Do you like such investments?
Could such investment make me lose money?
f you risk taker go a head and dont forget to set you stop loss. not all new project could mega pumped only few of them , and if you pick wrong project you will lost your money alot. its pure speculation and you need to do research before decided.
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wanted sliter
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Activity: 398
Merit: 10
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September 19, 2020, 02:34:08 AM |
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Think of it, focus on the value of the project, or buy the altcoin top in the long term crash market. The x100-x1000 projects only exist commonly on Uniswap and they are not much anymore. In the battle where transaction costs soar, will you be fast to participate in ICO projects? Spending all your money on new projects and praying is not a good idea right now.
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Bitstar_coin
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September 19, 2020, 03:38:54 AM |
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pump and dump will always have it's effect if not careful you can easily get burnt, crypto is a risky investment in general and new projects are even more riskier, the tendency of losing money is very high compare to an investment on already existing projects with track records, better to apply caution while investing in new project.
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Kotone
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September 19, 2020, 03:53:33 AM |
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It's not as easy as you think, if it was so simple we might have become millionaires quickly. Not all projects will be successful, even when the token sale is in high demand it can dump in just few seconds when the coins was listed on the exchange.
Some become millionaires because of some defi hype as they bought a price of 2$ then suddenly turn into 500 to 1000 price thats likely to become an instant money. But its quite rare to see this kind of projects. So better to invest only you can afford to lose. Sincr some are not true and only created to scam.
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Gayong88
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September 19, 2020, 04:25:22 AM |
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In my opinion, there is nothing wrong but more research is needed and do not get carried away by the Hype for a moment and nothing can guarantee that project successful or will fail at any time. invest assets in a place that you believe is the safest and most profitable.
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lienfaye
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September 19, 2020, 04:40:19 AM |
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Current old cryptocurrencies are forceless but i think investing in those new, fresh cryptocurrencies can bring wealth very quickly and easily.
How sure are you? There's no guarantee that new coins can bring wealth easily. Especially its risky and most of them are scam and just want to get the money of investors by their too good to be true offer. I still have trust to old coins, rather than the new coins popping nowadays. Could such investment make me lose money?
I suggest to have your own research and dont assume new coins are best to make profit. If you did your research then you'll understand the risk of engaging yourself in currently hype projects.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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September 19, 2020, 04:46:24 AM |
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pump and dump will always have it's effect if not careful you can easily get burnt, crypto is a risky investment in general and new projects are even more riskier, the tendency of losing money is very high compare to an investment on already existing projects with track records, better to apply caution while investing in new project.
Correct. It's indeed more risky investing to new projects, though most of the investors are willing to take it in hope that they will be able to make a good outcome once they've place their entry in the right place and time. In my opinion, there is nothing wrong but more research is needed and do not get carried away by the Hype for a moment and nothing can guarantee that project successful or will fail at any time. invest assets in a place that you believe is the safest and most profitable.
Yeah. More research to make sure you have some chances with the blow out, riding is beneficial when you know when to make things favorable to your position.
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Zemomtum
Full Member
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Activity: 1316
Merit: 104
CitizenFinance.io
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September 19, 2020, 04:50:40 AM |
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Even though projects are solid and reliable, all depends on the exchanges in which they are listed and 100x - 1000x is not a guarantee for fresh alternative coins. It looks simple but not that easy.
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pmid85
Newbie
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September 19, 2020, 06:22:18 AM |
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New Projects get bought up by gamblers & risk takers. (retail)
Old Projects get bought up by exchanges & institutional (hedge funds)
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maydna
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September 19, 2020, 06:29:54 AM |
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It's not as easy as you think, if it was so simple we might have become millionaires quickly. Not all projects will be successful, even when the token sale is in high demand it can dump in just few seconds when the coins was listed on the exchange.
Some become millionaires because of some defi hype as they bought a price of 2$ then suddenly turn into 500 to 1000 price thats likely to become an instant money. But its quite rare to see this kind of projects. So better to invest only you can afford to lose. Sincr some are not true and only created to scam. But not many people become millionaires because of the defi hype because they don't research and just follow the other suggestion from other people. That will be too risky for them because they will not know which project can increase in a short time, so in this matter, they are a gamble with their money than to research by themselves. If you want to join in the defi project, you should know how much the money and don't go with big money if you are not sure. Besides that, you need to research the project you want to invest in to find the right project.
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