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Author Topic: Don't follow the hype  (Read 14570 times)
traderethereum
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May 02, 2019, 01:09:33 PM
 #81

Avoid getting attracted by those shillers, yes! don't get FOMO'd, just always do your own research, if you find some coins on going uptrend in the market just look if they have announced some good news for the price to go up or else this is just probably in most cases are just bubble waiting to get popped.
Yes, you are right. I agree with that. Searching of what caused the price is up will be better than to follow the fake news because that could be a nice trap for people who will not do their own research.
Many of us still follow the hype as they think that something going on with the project, so they don't want to be late to buy but the fact is the increasing or decreasing of the price is not because of the news, but it's because something else that happens to the project.

Christinebeauty
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May 02, 2019, 02:26:40 PM
 #82

That is very true. So many projects who got the hype from many crypto enthusiasts ended up disappointing their investors. Consider the idea behind the project and not just what people are saying

baigreen
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May 02, 2019, 02:55:38 PM
 #83

It's hard to say. Advertising helps develop the project. You, too, will not follow a project that even documents cannot prepare. Too small projects today can give us a good profit. Only real projects with a good idea and a prototype deserve attention. Even if corrupt experts rate the project too low. If you like the idea and the documents are in order. Join him.
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May 02, 2019, 03:45:20 PM
 #84

As a matter of fact you are not supose to invest in an already green market or a coin that is already pumping. When there is hyoe on a particular coin wait for correction for buying to avoid buying at the peak price

Stanlo
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May 02, 2019, 03:47:03 PM
 #85

If you are telling people not to follow hype you are simply telling them not to follow which coins or tokens that is presently trending ,that's impossible ,hype is part of crypto process ,hype works for me in the past and I don't regret invested in the coin
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May 02, 2019, 03:50:38 PM
 #86

That is something a good investor should take into consideration. I know those projects that you have mentioned and simply they are fond of promoting it to large scale audience. People should learn from mistake if they have invested with those projects. Not only those, but many more and future project. Dont trust an ICO/IEO that says they will be a successful project later on. On what basis does they are getting their assurance?

OMG, if those people never learn, then scammers will be happy to robbed you!
Gabmot
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May 02, 2019, 03:51:29 PM
 #87

Exactly!!! One has to be extra cautious about buying into any project. Matters arising lately even warrants one being extra wise to help one from falling into wrong hands.
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May 02, 2019, 04:20:07 PM
 #88

The crypto market now looks like nothing positive will happen if you do not hype a project. So even the good and promising projects are compelled to follow the way of hyping. Hyping a project is only for short term and at the end of the day, the project will be tested and overthrown if it fails to perform well in the market. One of the best ways to avoid hyping a project is do not follow a project blindly. Research yourself, read a project whitepaper before investing.

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May 02, 2019, 04:28:24 PM
 #89

Hype is sometimes profitable and harmful. If we follow their program since the first launch, I suggest, just follow it for 1-2 months. Then after that you come out. And remember not to invest in large amounts, because the risk will be even greater.
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May 02, 2019, 04:31:51 PM
 #90

As a matter of fact you are not supose to invest in an already green market or a coin that is already pumping. When there is hyoe on a particular coin wait for correction for buying to avoid buying at the peak price
If you have good experience riding with mooning coins and you know how to limit your target profits or target risk, you can ride and take full
responsibilities if whatever it takes, result oriented traders sometimes also take some risk with mooning projects and take some pieces of profits.
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May 02, 2019, 04:38:58 PM
 #91

I completely agree with you. Site icobench I advise you to remove it from your bookmarks, there is a selling rating system. Let's see how many scam projects have high ratings on this site. Just do not listen and do not read Ian Balina, it is corrupt.

10c
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May 02, 2019, 04:39:54 PM
 #92

Hype is sometimes profitable and harmful. If we follow their program since the first launch, I suggest, just follow it for 1-2 months. Then after that you come out. And remember not to invest in large amounts, because the risk will be even greater.
almost no one has time to get out of the HYIP. because only the organizators of the HYIP know when to go and when not to

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May 02, 2019, 04:40:59 PM
 #93

Any investors that derive interest in following hype will eventually end up in bit looses. Some years back i do go after hype, until i lost a very huge sum of money in the process, the sum of $410 was lost to hype in 2017 and i regretted my actions. As investor, ensure you follow the market trend and be more caution of the pump and dump that's involve.
kidoseagle0312
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May 02, 2019, 04:53:03 PM
 #94

Once you follow the hype it means you are one of the greedy people here who wants to earn quickly here.
In earnings big here in crypto trading is not that easy to achieve, this is most of the time happened for the newbies.
Where most of the old members here in the forum always reminded them to be careful in investing into project ico
here in the forum.
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May 02, 2019, 05:18:37 PM
 #95

It seems to me that many beginning investors have already understood this idea, because the hyip is being done solely in order for the masses of people to start using this news and, for example, invest, in these moments you need to do the opposite.
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May 02, 2019, 06:14:22 PM
 #96

The hype can have fatal consequences for newcomers and those who are exposed to the hype and have not previously appreciated the project as such. Of course, this does not apply to those who are seriously exploring the possibilities of projects and are consciously involved in the hype, having precisely defined for themselves the real moment of getting out of it all.
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May 02, 2019, 06:15:05 PM
 #97

The advice, of course, is good. However, people will still make their decision to invest in ICO projects, largely based on forecasts and estimates of famous sites and influential people. Cryptocurrency is still a relatively young type of financial relations in society and constantly attracts new participants. New people will make the same mistakes for a long time. As a rule, for some reason everyone learns from their own, and not from others' mistakes.
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May 03, 2019, 03:59:25 AM
 #98

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.

As long you follow the hype just for selling it with a higher price later, it is ok.
But if you buying the hype coin to investing, i don't think it is a good idea, although few of them are good.
We should sell the coin if we see the the hype time is over to avoid losses.

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May 03, 2019, 04:34:02 AM
 #99

As real investor, they wouldn't follow hype. They will create hype to make profit for them.  Grin That is what make difference between old investor and newcomer investor. And when that newcomer investor loss in a project, they wouldn't do anything beside blame developer for it.
A good investor will sell the tokens when the hype come, because when the hype strike, it will makes the price of that token increase so high. That is the best time to sell the tokens and get so much profit. Hyped token like that is not good for long term, when the hype down, the price will fall.
Buy at rumors, sell at news. Maybe that is really fit for investor because they will sell when news and hype come. And other people who get fomo or maybe hyped will jump into trap and then stuck in a coin that get pumped then dumped.

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May 03, 2019, 04:46:10 AM
 #100

instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
[/quote]
you are right, those list that has you written it can't ever be trusted Like icobench example, many scam ICO'S are listed and got high score in there.
doing research by own self is better, you will never get any disappointment on it. this is can be applied on trade as well.
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