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Author Topic: Danger that awaits few coins  (Read 738 times)
betty11
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January 13, 2020, 05:59:21 AM
 #81

Well, some project just introduce POS in other for many of their coin supply to be locked and try to control the quantity available in the market to keep a decent coin price while they concentrate in other areas of project development that is needed to adding value to the project. Although this strategy has proven overtime never to guarantee value preservation, just may help to keep liquidity in the market and investors always having the project in their mind because of their expected reward. Altcoin POS is not the best way to make a lifelong profitable investment.
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January 13, 2020, 06:40:58 AM
 #82

it is based on real usage or it is often said that the coin has a real product. but we all also know that every project has a different concept and product. and if someone wants to invest in crypto, be aware that not all coins can be profitable and the product can work well. please reconsider before taking part in this cryptoqurrency space.

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January 13, 2020, 08:38:26 AM
 #83


The feeling was heaven at that time. I know of some people who sold some because there was already huge money. I did not because I felt so positive and perhaps greedy. I was thinking there was still some more money in the days and months to come. The prediction of Bitcoin even rose to $25,000. Well, everybody knows how it ended.

Everyone thinks that the price of bitcoin will soon rise to $ 25,000, it makes sense if the price of bitcoin can redeem that price and that will happen if a big pump occurs.
I know this is the beginning of investors starting to move on the exchange to have as much bitcoin as possible to approach halving, why halving is very important because looking at history before prices can soar high with its new ATH.

But the previous halving is also telling us that the rise in price of Bitcoin after halving is not immediate. It will take time. It took months before the price of Bitcoin rose to a significant level after the halving was implemented. I am not saying that what happened in the past is going to happen again in the coming months. It is even possible that the halving that everyone is talking about will not really push the price of Bitcoin up.

Yes so we should not expect too much from the price as it may vary depending on the market from time to time, it may become worst this year, becomes stable or we will experience another bull run again, what matters is that we are ready with every situation we may face this year, choose the right strategy no matter what.

And the right strategy at this point in time is to continue to have strong hands and HODL. Never let it go. There will always be uncertainty in the world of crypto. But one thing is certain though, we will always be hitting new ATH. We should be there when it happens. 5 months from now, or 1 year, or 5 years; it does not matter. What matters is that we are here to stay and wait.
Patience is needed and indeed many people believe that a few coins can reach the ATH again, but when it will happen no one knows and many people will choose to hold it for now, but sometimes holding it alone will not make us benefit because for I personally want to keep making profits in the short term by looking for opportunities from a few coins.
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January 13, 2020, 08:46:26 AM
 #84

it is based on real usage or it is often said that the coin has a real product. but we all also know that every project has a different concept and product. and if someone wants to invest in crypto, be aware that not all coins can be profitable and the product can work well. please reconsider before taking part in this cryptoqurrency space.
the real platform is indeed important, and sometimes there are also those who are concerned that the project has partners with large platforms or not. most importantly we can understand the concepts they have because projects can grow when they have the concept to create a real platform and are supported by other developments.
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January 13, 2020, 08:51:20 AM
 #85

it is based on real usage or it is often said that the coin has a real product. but we all also know that every project has a different concept and product. and if someone wants to invest in crypto, be aware that not all coins can be profitable and the product can work well. please reconsider before taking part in this cryptoqurrency space.
the real platform is indeed important, and sometimes there are also those who are concerned that the project has partners with large platforms or not. most importantly we can understand the concepts they have because projects can grow when they have the concept to create a real platform and are supported by other developments.
with a real product attached to the project, it certainly can be a separate reference, and if the project implements according to the roadmap and plans that have been set and have innovations I think it is still feasible to hold on to them. Solid community can also be a reference to help its future development

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January 13, 2020, 08:59:54 AM
 #86

Only one thing i know for sure ,projects with no working product ,no use cases are the coins that is in danger and going to be eliminated in the world of crypto soon. If this happens it will be a big help to those projects and teams who are working very hard.
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January 13, 2020, 09:14:36 AM
 #87

I agree with your opinion, there are too many crypto projects on the market and the majority of them have the same problem - no real use case. They might have cool blockchains, but if they are not being used by real people, such projects are useless.
This one of the main problem of crypto world there is alot of them and no one can stop them from spreading a lot of new altcoin are being created and no use at all. They are just full of promises and that's it is much better to avoid an ICOs since for sure they will just scam the investor.

And we all know that some of the altcoins are being deleted by exchange because they have no volume and just a pump and dump scheme.
That happens every time an economic bubble trend arises. Dot com is a prime example of how most of the projects that were created at that time were dead and only on paper. No clear roadmap and only promises, those things made an economic bubble and cryptocurrency is also a victim of this.

Honestly, I'm sure this case didn't only happen in the cryptocurrency now, it always happens around us, in other fields.

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January 13, 2020, 09:55:56 AM
 #88

The simple truth is that most developers don't have any vision of operations a lot are copycats, while some are here to make some little more money and exit scam.

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January 13, 2020, 10:02:18 AM
 #89

it is based on real usage or it is often said that the coin has a real product. but we all also know that every project has a different concept and product. and if someone wants to invest in crypto, be aware that not all coins can be profitable and the product can work well. please reconsider before taking part in this cryptoqurrency space.
the real platform is indeed important, and sometimes there are also those who are concerned that the project has partners with large platforms or not. most importantly we can understand the concepts they have because projects can grow when they have the concept to create a real platform and are supported by other developments.
with a real product attached to the project, it certainly can be a separate reference, and if the project implements according to the roadmap and plans that have been set and have innovations I think it is still feasible to hold on to them. Solid community can also be a reference to help its future development
Yeah that would be the main thing that we need to look for if we are looking for solid project but we should not rely on this since there are some who owns a product but still manage to get out and leave their investors on the ground that's why I suggest if the project is new is not to hold them on longer period since putting some trust can be bad since for sure the dev will fill their pocket first before yours so sell when the price is expensive and buy when the price is cheap.

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January 13, 2020, 04:02:49 PM
 #90

Yes a lot of alts/tokens here are not that useful and helpful in the end like from the start they can turn well but no future at all

Then i think better to pick few only alts and if you going to risk in some alts/tokens then better to sell that quickly for me then
you need to think like that's like for an investment only
It is true, many new coins that ultimately have no value and are removed from the exchange and also only eventually accumulate in the wallet and become junk. So it is true that when we get a new coin it is better to sell it and I personally will also choose to sell it even though the price is low but I am not too concerned about it and after I sell it then I will reinvest it into the top coins that I think have potential.

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January 13, 2020, 06:19:30 PM
 #91

The only danger I see is coming after those copycats projects who lack idea of what they want and what they should do, so it will get to a point where you have to separate real projects from the fake.

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January 13, 2020, 06:44:22 PM
 #92



Projects will just rely on different usecase of their token to be used by its community. The bigger the community the move volume it could have and price may go higher than some tokens. I like to see some of the tokens I hold which are mostly exchange tokens and it will just be used in the platform.

BTC seem to be a better coin of course just like some other coin that are POW and that miners will tend to sell for higher price.

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January 13, 2020, 06:51:19 PM
 #93

You are right , to some extent I think not all of this coins are entirely useless and also it depends on the goals behind the creation of each coins. Individuals also have their reason for Investing into a coin, so at the end everybody will be happy as we all are after profiting.
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January 13, 2020, 07:39:25 PM
 #94

And how many cycles (bear and bull markets) we already have. And what changed? Nothing, people will surely invest again into ICOs and another shady crypto projects with the prospect of great profit powered by FOMO effect.  Wink

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January 13, 2020, 07:56:33 PM
 #95

I'm here to clear few facts about some crypto coins, i will start with exchange tokens, people are getting things mixed up when it comes to real use case, many thinks once a coin has a real use case it's a must buy well this is for you, let me start with binance, i love the exchange simply because of the seriousness of the team and CEO himself i believe that's why they made it this far but im not 100% sure about bnb token because it's use case ends on the binance exchange, outside the platform it's nada,  i belief any good real use case should be for the public but bnb token is limited in this area, everything about bnb ends on it's exchange.

My second point is pointing towards Proof of Stake coins, we all love earning with no big hassle like POW coins but at the same time have you ever think that apart from the POS ability what is the use case of the token or coin itself? Many keep making this mistake that once a coin has staking ability it's the best, this is why many POS coins loses value while you are holding them to get your reward annually.

I believe that POS ability is just a +, assuming the use case of a coin is for means of payments either with many merchants or so and the coin still has staking ability makes more sense than a coin with just staking ability alone, please be wise with the ways you define your real use cases

I never buy into the idea of POS coin, we all know with more token and inflarion the price get diluted because the artificial shortage and not natural scarcity that move the price higher. I think you are wrong with  BNB, you can say this about other exchange token but the demand and use of BNB tokens outside of the exchange is very high, I can say after BTC  and ethereum and maybe monero, BNB is next

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January 13, 2020, 09:15:48 PM
 #96

Not all coins are useless. However, the problem is that people expect prices to increase continuously. A coin rising so prices should not rise. Then the prices thought the project is called the worst. This situation needs to be solved.
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January 13, 2020, 11:12:16 PM
 #97

Only one thing i know for sure ,projects with no working product ,no use cases are the coins that is in danger and going to be eliminated in the world of crypto soon. If this happens it will be a big help to those projects and teams who are working very hard.
projects with working product  doesn't necessarily safe. You should differentiate project with working product and having its own market than a project with working product but have no market and just exist there meanwhile no one is using it. There are many projects that ended up to be miserable despite having working product although that's really unfortunate but it's the reality. Not all project with working product could hold on.

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leatutz
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January 19, 2020, 08:30:38 PM
Last edit: January 21, 2020, 07:47:15 AM by leatutz
 #98

I'm here to clear few facts about some crypto coins, i will start with exchange tokens, people are getting things mixed up when it comes to real use case, many thinks once a coin has a real use case it's a must buy well this is for you, let me start with binance, i love the exchange simply because of the seriousness of the team and CEO himself i believe that's why they made it this far but im not 100% sure about bnb token because it's use case ends on the binance exchange, outside the platform it's nada,  i belief any good real use case should be for the public but bnb token is limited in this area, everything about bnb ends on it's exchange.

My second point is pointing towards Proof of Stake coins, we all love earning with no big hassle like POW coins but at the same time have you ever think that apart from the POS ability what is the use case of the token or coin itself? Many keep making this mistake that once a coin has staking ability it's the best, this is why many POS coins loses value while you are holding them to get your reward annually.

I believe that POS ability is just a +, assuming the use case of a coin is for means of payments either with many merchants or so and the coin still has staking ability makes more sense than a coin with just staking ability alone, please be wise with the ways you define your real use cases
Binance coin will be use in real case. Binance coin has more bigger plans real use case, monopoly of the whole market. People don't care about who are mining coin, they just sell it. After POS of Ethereum, you can't get Ethereum without buying so you will understand the real value of this coin. I think, this isn't danger for any coin.
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January 19, 2020, 08:44:07 PM
 #99

Not all coins are useless. However, the problem is that people expect prices to increase continuously. A coin rising so prices should not rise. Then the prices thought the project is called the worst. This situation needs to be solved.

Well an investor would always expect profit and coin price to go up. Only those traders are the ones that will try to pull the price down to accumulate more of the coins. Its what they always do to profit. The more people who trade the coin, it means its has demands and shall the price go up. It doesn't necessarily have the use case but its features can help. XMR for instance doesn't ' have use case but its anon features gets demand.

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