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Author Topic: Don't follow the hype  (Read 14569 times)
OTC
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May 10, 2019, 09:59:17 PM
 #161

Its quite interesting to analyse some coins and realise that they aren't worth it despite the hype or rumours about that particular coin. Following the hype may divert your attention from potential coins to other coins which aren't worthy. Hence you need to be extra careful in cryptocurrency and learn more.

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May 10, 2019, 10:04:28 PM
 #162

Of a truth anyone within this space still following hype projects needs proper attention. The days of hyped projects is gone, now is the era of potential projects with use case or working products.
Now there are days of projects that can develop in a bear market. if the project was able to go through this difficult year - most likely it has a future


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May 10, 2019, 10:13:29 PM
 #163

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.


I agree with you. You should invest on coins you really want, not to the coin thats on hype. Sometimes, those people who hyped the coins are paid to do it then later on we see that the coin will not be successful in the end. You should think based on your own decision and not the decision of the others.

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May 10, 2019, 10:16:47 PM
 #164

I no longer believe in such a system because it never gives us benefits unless we are the main holder, it seems that many projects fail so that in the future we really need very accurate analysis not to get into the wrong project because with that error we can lose free money.

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May 10, 2019, 10:40:26 PM
 #165

Hype projects have never pay not now nor ever. This is because, from experience hyped projects ends to go for the money and once gotten dumps the platform. I hardly can say I have seen a hyped project that did well or doing well.
Emmy92
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May 10, 2019, 11:15:23 PM
 #166

Hype has always make many investors lose their money in projects they invest. One thing about hyped projects is that they offers little or nothing and once ICO ends, the true colour of the project will surface. It is necessary to stop going for hype rather investing in project whose team is working hard to deliver.
Isiaka208
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May 10, 2019, 11:22:19 PM
 #167

I think hype has died down in crypto world. it's not as strong as it was in 2017, where most newbies fell for the traps of hypes and lost money in the process. People are now wiser and tend to do more research before any investment move.

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May 10, 2019, 11:27:51 PM
 #168

I think hype has died down in crypto world. it's not as strong as it was in 2017, where most newbies fell for the traps of hypes and lost money in the process. People are now wiser and tend to do more research before any investment move.
But the hype will always there, whatever you said but it's moving to the a new thing like from ICO to the IEO. Hype can be created by anything that related to the development of even instant listing on the major exchange site. It can't be erased from the world because people are still betting on the crypto.

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May 10, 2019, 11:33:39 PM
 #169

Yeah! Unnecessary hype kills projects. Many of them are all around us. The team make money and end up leaving the project or leaving everyone to be REKT. Nevertheless I think 2017 bull market was a season for all if us to take lessons! Things are changing now and projects are somehow becoming more legit and working harder than before, and I think that's good.

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May 10, 2019, 11:36:55 PM
 #170

I think you can say that because you know, they will definitely get new crypto prey to be eaten through the hype program they run, for those who are hungry to destroy will always be hungry and greedy.
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May 10, 2019, 11:37:05 PM
 #171

Fortunately, after a sad period of bear market, where the vast majority lost up to 90-95% of their investments, we have all learned to be more analytical when choosing where to invest our money, since it has been demonstrated that the ICOs (and now the IEOs) were only business for lucky few, but a great failure for the majority.

And in fact, this caution must be applied to all matters related not only to the crypto-universe, but to all kinds of online investments, where there have always been plenty of people willing to take away our money.

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May 10, 2019, 11:37:14 PM
 #172

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.


Good advice its true some project have nice and a lot of beuatiful promisis from thr roadmap and whitepaper so interesting but its right to avoid losing money study and investigate well the project.

Regarding to the hype this trend will easy to convince people investing in crypto example of this is way 2017 ath. The lesson is do not llisten and follow to expert just research your own make decision for ourselves.

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May 10, 2019, 11:43:12 PM
 #173

why follow the hype? most ICOs are too hyped off late and you know what, the end up failing as soon as they hit the exchange and the blaming game starts. these blames are just targeted at bounty hunters who only had about 5% of all the total allocation for dumping. I think 5% out of 100% can cause the failure of a coin and bounty managers and project managers should stop blaming bounty hunters. the hype is mostly a camouflage and don't go for hype.

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May 10, 2019, 11:45:23 PM
 #174

Hype has never done anything right or give investors the right value they deserve from projects they invest in. I agree with you, it is time to stop following hype and follow projects with good track records as they are the ones that will pay off on the long run.

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May 10, 2019, 11:46:18 PM
 #175

I think you can say that because you know, they will definitely get new crypto prey to be eaten through the hype program they run, for those who are hungry to destroy will always be hungry and greedy.
That is why we shouldn't go for hypes and we know already what will happen next after the strike, losses.
Hypes is very eminent last 2017 and a lot of investors get loss after. This shouldn't be happen again if we are not too greedy and to think instant profit return. Hope this time we all realize how hypes causes bad effect into the market.  
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May 10, 2019, 11:50:16 PM
 #176

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.


I agree with you. You should invest on coins you really want, not to the coin thats on hype. Sometimes, those people who hyped the coins are paid to do it then later on we see that the coin will not be successful in the end. You should think based on your own decision and not the decision of the others.
From the past those things that OP mentioned are being used to pick projects as it can bring some decent upwards movements, but later on, those are the memory of the past, most of investors who still trying to survive from this market knew about how to research and investigate good projects that's being offers from ICO's or IEO's, or any available investment fundings opportunities, realizing that scammers are all over the place it needs to be more active from the community in order to have a much clear view with prospected projects to invest with.

Listening with someone's opinions will only endangered your investment, so do your part and research deeper.
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May 14, 2019, 07:27:59 PM
 #177

But there's what i called short term success; this can only happen when there's hype. This follow of hype has single handedly yielded me with almost 200X and at that time i make mush profit. Although there's tendencies that not all hype you will be proud of when success is to be recall with. Hype can cause a gain and also cause a loose.
Hype is not good or bad, if you have a strategy that can make profits out of the hype of a coin then you should use it, as long as you can make money in the long term then you can use any tool at your disposal, there are those that use fundamental analysis, technical analysis, arbitrage or seasonal information to get profits so if you can use hype then use it, just make sure that your strategy is sound because there are many that develop a strategy and believe it gives them profits only to discover too late that is not the case.
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May 14, 2019, 07:42:04 PM
 #178

The worst among them is Savedroid and the project seems to me like scam. Electroneum is still very active though it has declined drastically but there is still hope for it because the team behind it is still very active. As for Savedroid, I don't think any good thing can come out of it again.

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May 14, 2019, 07:42:44 PM
 #179

You've got some good points on this post. Most people follow paid reviews especially from influencers or ICO rating platforms without doing their own due diligence and most times get burnt at the end. Before Investing in any coin, one has to do thorough research, not just sentiments. Access the team, product especially, check the token economics too. These things are necessary, do not neglect them. I'm not saying it's bad for a project to have good hype, but it shouldn't be a yardstick to ascertain the quality of the project.
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May 15, 2019, 04:01:34 AM
 #180

You will have dump price after the hype over because it is not a natural growth.
I guess it is better to ignore the hype if you know it late because to gain profit from hype, you will need to follow the hype from the start.
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