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Author Topic: Don’t just buy a coin 🙈  (Read 2657 times)
pufenduy
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December 10, 2018, 10:33:36 AM
 #341

You should always be advised, because the market is full of scam projects. I cannot understand people that are blindly investing in every coin and are awaiting for fast profits. Make a deep investigation of every project to make a good investment decision.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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December 20, 2018, 08:19:27 PM
 #342

Yes,  Dont just buy a coin. Even though cryptocurrency is created for the benefit of the society and there are lots of people that will support them, 
there are some people used this to decieved other and steal their money.
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December 20, 2018, 08:21:45 PM
 #343

I agree. If you plan to buy a coin at the lower ranking, you should plan ahead and it much better if you aim for short term holding than having a long term plan on something that can die instantly. I also believe that if there is a high activity on the exchange, it means that the coin is less likely to die but doesn't guarantee that the price won't drop. A

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rabinot
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December 20, 2018, 08:27:07 PM
 #344

Of course, before you invest your money in a coin, you need to detail its technology in detail. no need to blindly inquire into one or another project since most likely you will lose a lot of money on this

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December 20, 2018, 08:28:16 PM
 #345

There was a time when most investors invested in a coin, even without a working product or technology, because some projects created HYIP and a lot of hype around their project, and this was profitable in the short term. Now, even those projects that have a strong team, have a product MVP - they have no demand. But I agree with the opinion that in any case, you need to pay great attention to study the project before investing.

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Xtinah
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January 08, 2019, 07:32:10 AM
 #346

It depends on why they are buying some coins. Some people buy some coins because of the hype around the project, those coins are usually pump and dump coins, they are for short term. Those pump and dump coins can be very profitable even more than the potential coins we have but its very risky. Another reason why people just buy a coin is it might be very very cheap and anything can happen in this crypto space, it might just moon so its just like gambling. However, i still prefer investing in potential and strong coins and long term projects
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January 08, 2019, 07:36:34 AM
 #347

I now find that you are right. In fact, many projects have no value in the long-term perspective. But there are still speculators speculating on them. Perhaps the price of Bitcoin will continue to depreciate in the future, and it is very important to clean up the market.

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January 08, 2019, 07:37:44 AM
 #348

People start losing there cool when the coin they invested in doesn't appreciate in price ,well to me not all good projects will start showing positive signs right after launch ,it will take time and believe me they are worth the wait

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January 08, 2019, 08:14:00 AM
 #349

Buying coins is obviously the easiest way to get rich. But not all tokens have value. Many tokens may disappear in the next bitcoin plunge. At the moment I think a lot of tokens are dead. Buying a token is the best way if you can correctly determine the value of the token.

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