jazmuzika217
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Activity: 476
Merit: 12
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January 05, 2020, 04:29:16 AM |
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Yes you are right. In this industry we need to be smart. Because like you said even the project's offer is too good it is always risky. All we know that number of scam and fraud cases are continue to increase so you might be more smart to avoid that kind of hassle. Always have a research before dealing in any project or activity.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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January 05, 2020, 04:36:21 AM |
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Yes you are right. In this industry we need to be smart. Because like you said even the project's offer is too good it is always risky. All we know that number of scam and fraud cases are continue to increase so you might be more smart to avoid that kind of hassle. Always have a research before dealing in any project or activity.
Doing you in depth studies and proper understanding with new projects is very needed in order to avoid or lessen the potential risk for your investment. Not just because the project is offering something that realistic or achievable it doesn't count to relied your trust right away. Always find time to do your own research and check if all the qualifications according to your own analysis are being filled up. Never to rush you always have the right time if you observe and research properly. |
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Saisher
Full Member
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Activity: 2296
Merit: 175
#SWGT PRE-SALE IS LIVE
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January 05, 2020, 04:43:56 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
I'm sure by now investors know all of these, investing in Cryptocurrency requires a lot of studies not only on how to create your wallet, protecting your coins and properly managing it, to avoid hacking and of course picking and getting the right coin to invest, if you don't know much about this, better start learning first. |
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Ailmand
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January 05, 2020, 04:54:48 AM |
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This is one of the reasons why some investors are stuck with a coin. I also had been left out by a project before which I think has a good potential and had lost a lot of opportunities investing in other coins because of it. The project was good and has a working product, active team, development and a sold out crowdfunding stage, but the price of the coin kept on dipping until it almost cost really cheap compared to it's ICO price. Take what you can while you can and move on to a other project.
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Furryball
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Activity: 490
Merit: 19
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January 05, 2020, 05:39:51 AM |
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Spending and betting all on a single coin is a big mistake I don't wanna make, what happens if the coin failed? End of story, for better or higher chances of winning it's always good to have different coins in your portfolio
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BlackFor3st
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January 05, 2020, 07:11:40 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
That is how the crypto works, you need to be wise in order to gain a good amount of profit or else you will just lost your hard earned money either you can afford to lost it or not. There are plenty of promising projects therefore if you have good amount of spare money, separate it to at least 5 currencies that you like and make sure that they rank higher so you can lessen the risk of your investment. Don't give too much effort into a single currencies as even bitcoin also drops it's price what more the other currencies. But right now, it's a good time to buy and hold for a long term as the market will surely recover again. |
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Chainsmokers
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January 05, 2020, 07:20:38 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
That's right, don't just invest in one coin or you can say don't just depend on your income from only one coin because when the coin falls and the price keeps decreasing then all you get is loss. Sometimes we also have to have a strategy to determine which coins we will buy and invest in several coins can also help us to avoid loss if one of our coins has decreased so we still have reserves of other coins that can provide us with income or arguably the can cover losses from our other investments. |
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Wysi
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January 05, 2020, 07:23:48 AM |
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That's the basic concept of any business and investments but at the same time we need to consider the fact that too many cooks spoils the food, I have seen people investing in numerous altcoins and ending up losing on all of them. We need to look at all the possibilities but at the same time we need filter our own choice rather than investing in too many projects by limiting it to few.
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TitanGEL
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January 05, 2020, 07:41:38 AM |
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That's the basic concept of any business and investments but at the same time we need to consider the fact that too many cooks spoils the food, I have seen people investing in numerous altcoins and ending up losing on all of them. We need to look at all the possibilities but at the same time we need filter our own choice rather than investing in too many projects by limiting it to few.
That is normal to see many projects that keep saying promises but they failing to meet it. As time passing by, the success rate of the projects nowadays are keep decreasing because investors are now losing their trust. We should be aware that even the team behind the project promised, it may not happen and the possibility that it can become true is only small so we should be careful. |
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Aying
Sr. Member
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Activity: 784
Merit: 251
https://raiser.network
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January 05, 2020, 07:53:54 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
Everyone is already stored it in their brain, although there is still victimized on this scheme's but we are sure that the percentage of victims will not rise because of all users who reminded the new users. but the scam developers are not resting to make new scheme's they are improving too so still be vigilant be wise enough to not being fall as a prey of this humbug. |
Watch out for this SPACE!
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biddicoin
Sr. Member
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Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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January 05, 2020, 08:40:15 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
This bear market is very bad, so for now it is risky all eggs in one basket. In bull market no need any quick warning. You also know that depends on market situation we are gathering our decision. I want to say wait for halving this year and Ethereum 2.0 altcoins are relying on it. Dont invest in one basket, only invest you can afford to lose, dont fall in love with single coin, are suitable for any market situation it is needed for risk management that we should do in any investment especially in high risk investment like cryptocurrency, mate. |
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Colt81
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January 05, 2020, 08:44:40 AM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
We can't really make everyone to stop investing in new project nowadays because they are really aiming and dreaming to become rich one day with the help of cryptocurrencies, that is why they keep taking the risk even they are not really sure about it. We should be guiding every crypto users that they should be aware in scams, so that scam projects would stop. |
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Lantind
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January 05, 2020, 08:57:29 AM |
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Spending and betting all on a single coin is a big mistake I don't wanna make, what happens if the coin failed? End of story, for better or higher chances of winning it's always good to have different coins in your portfolio
True, if someone wants to get a lot of profit, then he must have some good coins, not just one coin, because it will be very disappointed if the coins he has failed to develop. |
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princesspoppy
Member
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Activity: 634
Merit: 10
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January 05, 2020, 09:31:02 AM |
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Taking risks in one coin/token will either give you a chance to earn a good amount of profit (if the project is really that good) or lose your money. Putting all your money in an investment without doing research about that project may result in losing all your money that's why it is really advisable to do your research first before investing in anything or just to be safe, divide your money and invest in other projects to have more chances of winning other than losing all your money in a single investment. And don't forget the number rule in investing, only invest money that you can afford to lose.
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Amel
Legendary
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Activity: 1638
Merit: 1033
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January 05, 2020, 09:33:49 AM |
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This is one of the reasons why some investors are stuck with a coin. I also had been left out by a project before which I think has a good potential and had lost a lot of opportunities investing in other coins because of it. The project was good and has a working product, active team, development and a sold out crowdfunding stage, but the price of the coin kept on dipping until it almost cost really cheap compared to it's ICO price. Take what you can while you can and move on to a other project.
Haha yeah, now it's not like 2017 then where you will get more profit when taking ICO. I prefer to call the failed project a scammer who is smart in disguise, the fact is that we cannot recognize which scammer is not. They were two-faced who only sought investors' money and then seemed to run the project in white paper, but that was merely fabricated. From what I experienced, it's better to use partner analysis because when the project partners with a large company means they have seriousness, at least this is better dude. |
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Inkdatar
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January 05, 2020, 09:48:05 AM |
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Spending and betting all on a single coin is a big mistake I don't wanna make, what happens if the coin failed? End of story, for better or higher chances of winning it's always good to have different coins in your portfolio
This happens in me I'm stuck in a single coin at first it is profitable and aiming to earn profit more but ended up I left out and earn nothing. A learn lesson that we should never invest in one coin only since the price cannot maintain the value in the market. Also never invest that we can afford to lose a reminder to many who invest in crypto. |
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GideonGono
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January 05, 2020, 12:04:19 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
That's why you can call it taking risk but before that you need to earn a lot of information for at least you are much wise than others. Don't stay at single coin if you don't and also others don't believe on it because the important in cryptocurrency is the demand. |
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pikkie
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January 05, 2020, 02:00:05 PM |
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gambling should not be greedy like that, it's better to do gambling with a gradual bet and do not use all the gambling capital because it will be high risk and you can immediately lose when you use all your capital, so it's better to play it safe little by little.
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tianglistrik
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January 05, 2020, 02:05:59 PM |
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
That's why you can call it taking risk but before that you need to earn a lot of information for at least you are much wise than others. Don't stay at single coin if you don't and also others don't believe on it because the important in cryptocurrency is the demand. wise in taking place to invest is important, we must be careful in the selection of coins and must be able to see the potential and also the market demand that must be good too. because the market is full of risks for people who only make bets in it without understanding the situation. |
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Palider
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January 05, 2020, 02:10:15 PM |
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There's many projects here that good to invest and all we need to do is find and study this carefully, and ofcourse like you said buy only coins that have a good project idea and real use case. Because when the time that bitcoin start to bullish all useless coins will be die and only survivors are reputable coins only.
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