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Author Topic: Invest only in active projects  (Read 24571 times)
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March 29, 2023, 12:28:39 PM
 #541

Here is a good source to decide which altcoin to invest in. I would never buy a dead altcoin with no development except Doge. Doge is unique and will be successful without much development.
Of course we have to choose an active altcoin before investing. At least have adequate daily trading volume. Price is not a problem, low prices can still be considered. Another thing to look at before investing is the developer's level of involvement in the project once it's developed, not a project that's just been abandoned.
I agree on that before investing we need to choose the active project with a active team, and active trading in market, many projects are being abandoned after they collect funds from ICO, so it is also important to choose a good and transparent team. Because if the team is not transparent it is very risky maybe the project is scam so we need to be careful.
All these active projects with an active team and trading in the market may one day cease to be active. Therefore, this parameter, as an activity, can't be considered a selection criterion. I will not say that it is completely stupid to invest in an inactive project, because this will already be an indicator that it is dead.

No matter how carefully you choose, investing in ICO is like playing roulette. If your bet is successful, then you will make a profit (if you sell their tokens in time). If you miss, then your money flew into the pipe.

Behind any seemingly good team and project, there can be a dummy.

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March 29, 2023, 06:57:17 PM
 #542

No matter how carefully you choose, investing in ICO is like playing roulette. If your bet is successful, then you will make a profit (if you sell their tokens in time). If you miss, then your money flew into the pipe.

Behind any seemingly good team and project, there can be a dummy.
True even though they are transparent with everything they have done, but it doesn't mean they will leave their initial intention to either scam you or being a legit project out there. Most of the "active" projects out there have the same chance to get completely dumped in long run based on how they handle the response of the market and community. It's hard to invest in new projects due how they run the same method to scam us.

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March 29, 2023, 07:45:37 PM
 #543

Active projects team's can still scam there investors if they want, the risk of losing money is still present, do not rely on a project because they are active, too many altcoins are on the verge of their death beds, all they can do is pretend that everything is fine.

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March 30, 2023, 01:06:34 AM
 #544

True even though they are transparent with everything they have done, but it doesn't mean they will leave their initial intention to either scam you or being a legit project out there. Most of the "active" projects out there have the same chance to get completely dumped in long run based on how they handle the response of the market and community. It's hard to invest in new projects due how they run the same method to scam us.
Investing in new projects is a good planning to make enormous profits in the market, although most of the new projects turned out to be scams. It takes only an experience pro trader to differentiate between legit and scam in the space, the first thing to spot for scam projects are the road maps and it's record history, either to favour the investors or only their selfish interest, trading volume also matters. I'll tell you this for free, top exchanges like binance, kucoin screen out scammed token from their platform inother to safeguard the interest of their users. 

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March 30, 2023, 06:03:19 AM
 #545

OP is very lucky if holding the coin list until now, I believe you have made a great profit, in 2018 I held a lot of tokens such as Harmony, Ultra and Abyss, but I was unlucky because I sold all those tokens in early 2020

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March 30, 2023, 07:55:50 AM
 #546

There are many coins in the market that seem to fulfill a lot of potential in the beginning but after a few days those coins die. And there are also many new coins that have made a good potential in the market and suddenly disappeared. But among them there are some good coins that can earn profits by investing in them. One of the most promising ALT coins is Doge Coin. We have seen a lot of positive information about this coin from time to time. And Elon Musk himself invested heavily in this coin. But seeing that Elon Musk has invested in this coin doesn't mean you will invest in this coin first check about this coin then if you think it will be good for you to invest then you can invest in this coin.

And now many new  There are investors who invest in different dead coins without knowing about any coin and as a result their money goes to waste so before investing you must think carefully before investing.

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March 30, 2023, 09:24:20 AM
 #547

This is easier said than done, because we never know when a particular project will become inactive. In the past, I had come across a few projects which suddenly became inactive, after a lot of hype and market activity. It is very difficult to differentiate such projects from the genuine ones. Personally I have invested in a few such projects and lost my money. One example that I could give is that of the TMT (Traxia Membership Token). That project was faring really well.. until one day it suddenly crashed at the market.
I am not surprised, I am a big bag holder of altcoins and I believe that not all of them will succeed in this bear market, I never plan or hope for them to all succeed, but one or two good projects will make up for the projects that failed, it's not wise to ignore diversification when going for altcoins, they are too risky.

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March 30, 2023, 10:32:23 AM
 #548

There are many coins in the market that seem to fulfill a lot of potential in the beginning but after a few days those coins die. And there are also many new coins that have made a good potential in the market and suddenly disappeared. But among them there are some good coins that can earn profits by investing in them. One of the most promising ALT coins is Doge Coin. We have seen a lot of positive information about this coin from time to time. And Elon Musk himself invested heavily in this coin. But seeing that Elon Musk has invested in this coin doesn't mean you will invest in this coin first check about this coin then if you think it will be good for you to invest then you can invest in this coin.

And now many new  There are investors who invest in different dead coins without knowing about any coin and as a result their money goes to waste so before investing you must think carefully before investing.
The example you gave is not the best, a token that showed such a large increase does not look very attractive for investment. For this, projects that showed good growth at the start, but after that went into a long phase of accumulation, may be suitable. Basically, these are new projects that have not yet reached great growth and are probably currently near their ATL.

But if we consider globally the issue of investing in cryptocurrencies, then I choose bitcoin for this. This eliminates for me a lot of the risks associated with investing in altcoins.

R


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March 30, 2023, 11:01:43 AM
 #549

OP is very lucky if holding the coin list until now, I believe you have made a great profit, in 2018 I held a lot of tokens such as Harmony, Ultra, and Abyss, but I was unlucky because I sold all those tokens in early 2020
This is why getting early into projects is the best investment strategy, I like this Ultra project because it's like Gala but there will never be a chance to buy at 0.02$ again, lucky are those that got early into this type of project, I believe that gaming projects in crypto space will gain bigger attention in next bull market.

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April 07, 2023, 04:08:05 AM
 #550

Here is a good source to decide which altcoin to invest in. I would never buy a dead altcoin with no development except Doge. Doge is unique and will be successful without much development.



Source: https://twitter.com/el33th4xor/status/1068856384983363585?s=21

dead alts are:

- Verge
- Holochain
- Bitcoin Private
- Pundi X
- Poet
- Decentraland (MANA)

DOGE is just a meme coin and hype because of Elon Musk, in my opinion it's better for you to invest in Ethereum than DOGE, because it's safer and definitely gives you profit, so you don't need to hesitate or be afraid to invest in Ethereum and of course the project from Ethereum is very good and popular.

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April 07, 2023, 09:34:57 AM
 #551

I am not surprised, I am a big bag holder of altcoins and I believe that not all of them will succeed in this bear market, I never plan or hope for them to all succeed, but one or two good projects will make up for the projects that failed, it's not wise to ignore diversification when going for altcoins, they are too risky.

That's a good way to invest in altcoins, although majority of the altcoins moves in similar patterns still you don't have to put all your eggs in one basket. People who did that with some of the dead project last year have lost it all.

But assuming they had some investment in other projects, they would had still had some hopes of regaining their loses and made profits since they have coins that has potential to pump in the coming bull market next year.

Also altcoins have different trends and they pump in different times so investing in different coins would be the best way to invest in altcoins. The profits would be huge if all succeeded but in situations of lost, you don't lose all.

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blockman
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April 07, 2023, 11:37:24 AM
 #552

DOGE is just a meme coin and hype because of Elon Musk, in my opinion it's better for you to invest in Ethereum than DOGE, because it's safer and definitely gives you profit, so you don't need to hesitate or be afraid to invest in Ethereum and of course the project from Ethereum is very good and popular.
Actually, Dogecoin is good as a memecoin, it's just being romanticized by Elon and many traders and scalpers that like to have quick profits.
When it was not yet that popular because of Elon, it's living good and the community really likes it.
We have preferences in investing in the market, I like ETH and I'll agree to you but you'll see people that will dislike that suggestion of yours because they have doge and it's possible that they've bought it while it's on its peak price.

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April 11, 2023, 03:51:39 PM
 #553

It is a very good idea to invest in active projects than new projects because there are more secured and safer. Though there are some new projects that have good plans and have potentials to make it in the crypto-currency market. But i personally prefer to invest more in active and less in new ones to avoid loss and maximize profits.

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April 11, 2023, 04:10:26 PM
 #554

My view While it is important to invest in an active project with ongoing development, it is also important to carefully consider any investment decision before making it due to many factors that must be looked at as well as factors such as market trends, adoption rate and overall project objectives at the moment. decide where to invest.
Yes, I think it correlates with the activity of a project that has a vision, for example, we can make it on paper and adoption will increase if the project goes according to the trend, so paying attention to the feasibility of a project, we have to see if the development is active or not, after that, then we will see fundamentally either the white paper or the community as our benchmark in determining where we should invest. I agree that you shouldn't choose random altcoin projects even though their development is quite active because it turns out that there are some that are frauds or scams that have a long life, so all of them also need to be considered. But Altcoins are like, very potentially scam or you could say assets that have a higher risk.

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April 11, 2023, 06:39:45 PM
 #555

yes, investing in projects that are actively developing and active through social media will make trading or investing in the crypto world very comfortable,
but if you are determined to invest in altcoins without their development and activity then your risk of being hit by a rug pull will be very large.
so don't make a mistake, especially now that the bear market is still very strong.

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April 11, 2023, 06:50:19 PM
 #556

DOGE is just a meme coin and hype because of Elon Musk, in my opinion it's better for you to invest in Ethereum than DOGE, because it's safer and definitely gives you profit, so you don't need to hesitate or be afraid to invest in Ethereum and of course the project from Ethereum is very good and popular.
Actually, Dogecoin is good as a memecoin, it's just being romanticized by Elon and many traders and scalpers that like to have quick profits.
When it was not yet that popular because of Elon, it's living good and the community really likes it.
We have preferences in investing in the market, I like ETH and I'll agree to you but you'll see people that will dislike that suggestion of yours because they have doge and it's possible that they've bought it while it's on its peak price.
Agree with what you said, before I owned this asset even though I did get profit from the results of the Elon pump because thanks to him I got quite a big profit but now I don't look back at this coin.
When a coin already has a lot of drama, like what doge always creates, the risk is clearly getting bigger and I don't want to try my luck with a coin like this, even though I've gotten quite a big profit before that doesn't mean I can take advantage of momentum like that again because it's a risk for coins that always pump suddenly like this will only make a dump too which is quite felt and unexpected.

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April 12, 2023, 10:46:47 AM
 #557

This chart really speaks alot. It will be good to get it updated frequently. It's very important to follow up on any projects you invest into. Sometimes a seemingly dead project can rise but not always. Doge is only enjoying Elon's influence after all everyone wants to make profit.
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April 13, 2023, 02:00:31 PM
 #558

It is pretty normal for an investor to choose an active project to put venture with but not just active but a promising as well. This year AI projects seems be the trend setter, so any AI project would be a good opportunities to partake with. As gentle reminder that DYOR will always be the first thing to do before investing.

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April 13, 2023, 02:33:18 PM
 #559

It is pretty normal for an investor to choose an active project to put venture with but not just active but a promising as well. This year AI projects seems be the trend setter, so any AI project would be a good opportunities to partake with. As gentle reminder that DYOR will always be the first thing to do before investing.
So what do you expect from an AI project? It seems that AI projects haven't really been hype yet because I haven't found any hype AI projects yet. I think since ARB came retroactive projects and projects related to layers are preferable to projects with any concept.

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April 13, 2023, 02:45:10 PM
 #560

even if I were an investor, I would definitely choose an active project and avoid inactive projects, because it is very important that the team and project developers provide new news or developments from the project they are investing in

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