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Author Topic: Never judge a token by it's name, Dev aren't your friend  (Read 402 times)
Dread Pirate Roberts
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September 10, 2021, 05:08:06 PM
 #61

I saw Cake at 0.5 and thought that was overrated, after all, a financial project called "Pancake" with a token called "Cake" couldn't be serious. I followed it for 1 month and when I saw it, it shot to 8 dollars, so I waited for it to fall and bought the 6. It was one of the best moves I made, but still, I ended up missing the timing, because it reached 40 dollars and I ended up selling it at 15, in that insane fall

yeah if you think about it it's quite ridiculous from the name. what else is added to the baking system. but that's the reality that happens in the crypto market people like it. indeed the most important thing is look for a system they offered. name is not a benchmark for a project to be successful or not.
sukmo
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September 10, 2021, 05:24:16 PM
 #62

All this time I was not affected by the name, what I researched was a development of the project and a team working for the progress of the project.
In 2017 I once invested with an ico a platform whose name is quite interesting and it turns out that it is instead a dead coin that does not move at all.

zachyboy090118
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September 15, 2021, 02:24:25 AM
 #63

I saw Cake at 0.5 and thought that was overrated, after all, a financial project called "Pancake" with a token called "Cake" couldn't be serious. I followed it for 1 month and when I saw it, it shot to 8 dollars, so I waited for it to fall and bought the 6. It was one of the best moves I made, but still, I ended up missing the timing, because it reached 40 dollars and I ended up selling it at 15, in that insane fall

The token name is not affect at all on what will be the outcome on that token, some token have funny name best example is memes coin, as we  see in the token name its funny already but if you observe what coin going on and its amize us because its popular coin in crypto. And on that fall of your funds, as an advise we should always monitor the coin we invested and be familiarize the candle stick movement. Or rather than that if its a new coin, just invest a little an observe before putting big capital to avoid lossing more funds.
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