There’s a lot of hype with Cryptos. Why?

[capableuwa1]

I really like your post, most of the reasons why most persons have been discourage and don't know the exact project to invest in or know if the project is scam or not. Well I have seen a really good platform that have put all this in place to make life easy for investors and this platform also have answers to almost all the questions beginners, Investors and Crypto enthusiast asked.

The platform is Utrum.io and more information about utrum can be find here: https://bitcointalk.org/index.php?topic=2184514.0

[prehisto]

Because most do not know what they’re investing in and would rather listen to the crowd.
The best way to protect yourself is to arm oneself with the necessary skills and knowledge to make an informed investment decision. Investing on fundamentals sets you up for the long term, and most importantly it gives you ease of mind since you’ve made your decision based on your own analysis and stand.

Ask as many questions as possible and seek to find the answers before you invest. Such questions can include:

è What issue does the coin solve?
è Is there any utility to the coin?
è What are the credentials of the team of developers?
è Do they have competitors within the space? And if so, compare their valuations

Also, it’s a great idea to look for reasons you shouldn’t invest. There might be several red flags associated with that particular crypto. Keep asking and finding answers through various sources. Reddit is a good source of information. Once you’ve done your due diligence, you’d have a peace of mind knowing whether it’s worth your money.

This is the correct strategy before investing.
Also i would like to add - look for the company name, the registration of company and their office while doing this one should also consider that some countries are much better to start a ICO. From investor point of view more regulation is better, like EU and US.

[pedangrusak]

reading and asking about the crypto concept gives us more knowledge but what we need is more concrete action to get profit from crypto. the more I asked a lot, and learning now, I was confused by what I was learning. starting trading with enough capital for me will test how strong the analysis is, the introduction of market trends, mentality, patience or the limits of my greed.
many ways to achieve profit in crypto and find what you think is good, comfortable and very profitable

[99subsats]

You're very right. There are a lot one needs to be aware of in any crypto before thinking of investment. Is the token an utility token and how sustainable is it?. Those it serves as a store of value.

[CandyIzDelicious]

many groups of people seek profits with hype
because it is very easy to make profit, a group of people flock to create hype

[Manuel05]

Because most do not know what they’re investing in and would rather listen to the crowd.
The best way to protect yourself is to arm oneself with the necessary skills and knowledge to make an informed investment decision. Investing on fundamentals sets you up for the long term, and most importantly it gives you ease of mind since you’ve made your decision based on your own analysis and stand.

Ask as many questions as possible and seek to find the answers before you invest. Such questions can include:

è What issue does the coin solve?
è Is there any utility to the coin?
è What are the credentials of the team of developers?
è Do they have competitors within the space? And if so, compare their valuations

Also, it’s a great idea to look for reasons you shouldn’t invest. There might be several red flags associated with that particular crypto. Keep asking and finding answers through various sources. Reddit is a good source of information. Once you’ve done your due diligence, you’d have a peace of mind knowing whether it’s worth your money.

Thats right. To me the most important you listed is what the coin is offering and team involved. When this two are in a project then you have my attention. Without doing proper research and investing based on hype is very risky and they probability to lose one capital is high.
They is no excuse for been ignorant.

[hubballi]

The top 3 options of knowledge to be known before investing in ICO are the most important one, with this research 90% you can know about the ICO project base.

[miropp]

Sometimes the opinion of the crowd, too, can listen. If there is a lot of talk about the coin, you can pay attention to it. Means she than the deserved positive attention. But the final conclusion you still have to do yourself.

[qtronix]

The cryptocurrency market is so unpredictable that no one can give you an unambiguous opinion about any coin. You should be able to continuously obtain information about the cryptocurrency to learn how to determine the perspective of the coins. You should rely only on yourself, because all the risks for your actions are only you.

[Mame89]

investing money in cryptocurrency is actually full of risk because the crypto currency itself is fluctuating if you don't have any knowledge about cryptocurrency maybe someone will quickly leave it and consider cryptocurrency a fraud.

[kagtaviy_mo]

Hey. I agree that knowledge is power. And the process of investing is a risk, because you are giving your money to the disposal of other people.

[smoolae]

It's often times the promises that a company/ICO makes when developing/launching a new cryptocurrency to market. The promises made often seem like "no-think no-risk" investments for everyday people and this often times causes the hype around a certain coin. The FOMO kicks in and it kicks in hard.

There are a lot of coins that indeed are top notch and greatly benefit their users but also scams are widespread in the crypto sphere.

[qmclak]

Yes ,i often see hype tokens on social media ,So far as i know hype coins is not good to invest,Because if therwa no hype anymore the coins wilp be dead also.Sas that some devs use crypto influencers to hype their tokens or coins.

[slaman29]

The cryptocurrency market is so unpredictable that no one can give you an unambiguous opinion about any coin. You should be able to continuously obtain information about the cryptocurrency to learn how to determine the perspective of the coins. You should rely only on yourself, because all the risks for your actions are only you.

Good point. Take control of your decisions, and take responsibility of all the knowledge you acquire.

People are quick to look for someone or something else to blame when the prices go to hell, and yet take credit for being smart or wise when they're in profits. I see all whale signal channels do this too. Don't be like them. Make the effort to learn and research, and take decisions based on what YOU know, not what someone else told you.

At the end of the day, win or lose, you know everything was based on what you found, and you can live with that. Crypto is a hype yes, but take away hype and you still have a brilliant idea. Be glad to be use it and be part of it.

[pedangrusak]

investing requires detailed product information that we will use as investment and this is very important, don't be ridiculous just with unclear issues about something and we give our money there

[South Park]

Because most do not know what they’re investing in and would rather listen to the crowd.
The best way to protect yourself is to arm oneself with the necessary skills and knowledge to make an informed investment decision. Investing on fundamentals sets you up for the long term, and most importantly it gives you ease of mind since you’ve made your decision based on your own analysis and stand.

Ask as many questions as possible and seek to find the answers before you invest. Such questions can include:

è What issue does the coin solve?
è Is there any utility to the coin?
è What are the credentials of the team of developers?
è Do they have competitors within the space? And if so, compare their valuations

Also, it’s a great idea to look for reasons you shouldn’t invest. There might be several red flags associated with that particular crypto. Keep asking and finding answers through various sources. Reddit is a good source of information. Once you’ve done your due diligence, you’d have a peace of mind knowing whether it’s worth your money.

The part that I selected is probably the most important of the post, when you begin looking through icos you should look for reasons to not invest in them, and if you find any single red flag associated with the ico it should be immediately disqualified to receive any investment from you, that way only the best icos will remain and if you keep repeating this process you will surely make money in the future.

[CryptoPowerL]

I advise always to look at competitors, if there are many, then compare the developers, their skills and experience in the industry to which the project is directed. Recently, a lot of projects appear competing, I myself saw how projects survive only due to the great experience of the team

[nidacoinlove]

The top 3 options of knowledge to be known before investing in ICO are the most important one, with this research 90% you can know about the ICO project base.

These are surely important but from an investment critic point of view one of the most important part is to find the weak points and bring in consideration the reasons to not invest in a certain activity. It is one of the best evaluation method. I bet it would definitely work.

[Mahanton]

è What issue does the coin solve?
è Is there any utility to the coin?
è What are the credentials of the team of developers?
è Do they have competitors within the space? And if so, compare their valuations

These questions are really a standard thing to have in mind as an investor but most people do fail up to follow.Why? because they are just too lazy on searching things up before putting up money and they do only realize when they are already being scammed. Hype is just common on this very unpredictable market not only on the nature of Crypto alone but also this is prone to shills and fuds which fundamentals can really give big effect into this field.

[South Park]

I advise always to look at competitors, if there are many, then compare the developers, their skills and experience in the industry to which the project is directed. Recently, a lot of projects appear competing, I myself saw how projects survive only due to the great experience of the team

Another good factor to consider when you are looking to invest in an ico is to look at how big is the project that is currently leading the race to be the best at whatever niche that coin is pursuing, because if there is a coin that is extremely dominant at the end it is not going to matter at all how good the project in which you are investing can be, people are not going to stop using the leading project.