Don't follow the hype

[MadGamer]

I've been here for years and I can say that following the hype never works for investors, this is simply an advise.

Few examples: Synereo, Savedroid, Electroneum.

Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.

Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.

[Kang TB]

well,, maybe you are right,
but, most of people will follow the hype, because they think by ivesting in crypto with huge hype, they can make a profit in short period time my friend

[Gemliting]

that's my invest rules
I will never join project who hype because it's killing my money
Savedroid is one of them

[qazgroup]

People always try to ride the wave and most people end up in loss only some of them are smart that know when to take profit for example in case of electroneum everyone was holding even the price hot 20 cents which means 20x profit from ico price but majority of the community still kept holding in hope of  1 dollar per etn i myself kept holding and sold later at around 2 cents but the point is smart people sold and took profit when it reacjed 15 to 20 cents price mark.

[agusiska]

such a good suggestion, but its true, dont like to follow the hype, because if we follow the hype at the end of that moment, surely you will get a big loss, for example some coin in the first day of it hype was have a great potential to profit, and then you came at the 4 day of the hype and then somehow appear a bad news about that coin, and of course you will be regret in the end.

[xvids]

People always try what is in trend and always fall for the hype.
I have seen it before in trading most of the new traders who don't know how to read the graph only follow or buy what is being hype.
I know most of them think that they would profit from it by doing short trade but this could also make them lose their money.

[ExFrozze]

I am really be chagrined the hype, by depositing some cryptocurrency or usd and per day can get 10% or more, such hype only lasts a few days, finally only fraud.

[jakelyson]

You can say that but greedy people will always be greedy, and they will always find newbies in crypto that they can fool thru their hype. There will always be newbies that they can play their pump and dump tricks.

[Olatunjex]

I've been here for years and I can say that following the hype never works for investors, this is simply an advise.

Few examples: Synereo, Savedroid, Electroneum.

Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.

Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.

Many investors in the space have invested due to huge hype that surround a project, it is a very wrong criteria in choosing an investment, hype is used to attract many investors of which the project in question can go under radar after raising of fund. That is why it's not good to invest based on what people tell you.

[tsaroz]

I've been here for years and I can say that following the hype never works for investors, this is simply an advise.

Few examples: Synereo, Savedroid, Electroneum.

Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.

Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.

There are many more that could be added to that list.
This shows that extensive advertising may be able to get a lot of investor's attention but won't be able to achieve necessary success.
But again It also doesn't mean that coins with no hypes have better rate of giving ROI back or all of the hyped coins are a failure.
It's a bit of luck and a bit of skill in analyzing the information you have to decide which project are worth your money.

[Baofeng]

I mean there's nothing wrong following the hype, timing is everything. If you get inside prior to the mad rush then obviously, you can make a lot of profit. But buying them when they are already at it's peak then it's a wrong decision. Every coins went to the drain when we entered the bear market, so unless you sold off already, then that is fine. But if you are still hodling them, then you don't have a chose but to just hodl on it and wait for the market to bounce back.

[DeepChipolino]

well,, maybe you are right,
but, most of people will follow the hype, because they think by ivesting in crypto with huge hype, they can make a profit in short period time my friend

This is true because there are many new participants in crypto. They do not know what to navigate. In addition, crypto has no long history, reliable, long-term basis. But the hype is always there.

[ttcsalam]

You just say,your strategy  is so beautiful. Actually, whether old or new, the investor has to invest a lot of research, especially in case of currency.

[siena23]

My experience with the newly emerging hype project is very good to follow. Because in my opinion the process is still smooth. But if it's been long, it will be very vulnerable to follow. But it's better not to have that type if you don't have knowledge.

[Red-Apple]

i both agree and disagree

you can't give out suggestions like this. the better suggestion is that you should know how to follow hype!
for example hype alone means nothing. people can shout the name of some shitcoin from the rooftops but as long as they are not buying that shitcoin themselves (no price or volume move) that hype means nothing.
but at the same time there are cases where a hype comes along (like a shitcoin being listed on a big exchange) it can be 100% meaningless hype but the market reacts to it (high volume and price) so following that hype is the most profitable thing you can do because you catch a pump in its early stage.

of course it is not as easy as catching it, you should also know when to dump it.

this is one of the main reasons why i never go for an ICO because you can't see if the hype is actually real or not since there is no market there is only illusions.

[X-ray]

You just say,your strategy  is so beautiful. Actually, whether old or new, the investor has to invest a lot of research, especially in case of currency.

But the hype can come anytime and we must aware about that. these hypes just temporary and when the hype for each coin will end the next hype will happen to the another coin. This just like a pumpers.
People are so blindly to follow the hype and put big expectation to that hype.

[Adriano2010]

I think there will not be so much ICOs as was, because now i think will be more IEOs, but i also made research before to invest because i not want to lose money and i only invest more on coins and not on ICOs.

[tomahawk9]

Since the altcoin market has become some sort of a "gamble" to many people looking to make quick profits from shitcons, I believe that if you don't follow the hype, you might be missing out potential profits.

If you can spot the hype early on, you might be one of the early adopters of X or Y coin, buy cheap and just expect the hype to attract newcomers that will pump the price so that you sell at a high price. Then again, you have to be extremely careful, you don't want to follow the hype only to find out later that you're too late to make decent profits. It's all a gamble, high risk, high reward.

[CjMapope]

Hey now electroneum is sweet
idk how its like rank 100 on cmc when it has a silly phone distro like it does and about zero actual use case
good example of how marketcap is not REALLY accurate to a projects usefulness haha

[Baihaki Khaizan]

In my opinion this is a very good warning for all of us, personally I don't really know the details with some of the projects offered, so with this caveat I've become very careful