Just a quick warning

[irixo10]

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 not 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  

Quick but direct to the point. Many so called promising projects has dealt with us in many ways which makes me to understand that it is good to look beyond what the team displays or what so called partnership, news etc they have and focus on the possibility of that project making it. And even at this, we humans are unpredictable, investing what one can afford and being contented with it is possibily the best. Also, even though there are many untrustworthy projects, there are also trusted ones and therefore taking a glance on those ones (listed with evidence of growth) is worth the time.

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[o.ogurlu]

You are right. In my opinion, investing in more than one coin instead of a single coin is both a logical and safer investment way. In this way, the failure of a single project will not destroy all your investments.

[Wildwest]

Very much as you say, if we just dig in a project then it is very big risk if we do not get paid then the time we spend only in vain, then we have to be smart in dealing with this problem because now many Projects that offer great bonuses but in the end we do not get any, then we must be careful.

[Zurcermozz]

Yup! agree people need to think how the crypto world really is right now, many people are using it as a source of income in a bad way, and many people are getting scammed on it, people really need into projects and the people behind who are working on it, lose is a lose and win is a win, and we are the one who decides how this crypto-world will run into us.

[vermigerous]

I think only greedy people who are willing to put all eggs in one basket, however taking the risk is the very fundamental and is a must to have in crypto trading. And as for now, we should be picky in entering some projects, they might look good but we should further research the project first.

[Vishnu.Reang]

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 not 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 have to disagree. "Diversification" may be a good thing to do in the stock market, but not in the cryptocurrency sector. There are far too many projects and many of them are copycats of the earlier ones. I would recommend the new users to stick to the tried and tested, rather than going for the new projects. For the last 3+ years, this tactic has worked for me.

[Davian144]

You are right. In my opinion, investing in more than one coin instead of a single coin is both a logical and safer investment way. In this way, the failure of a single project will not destroy all your investments.

Yes, and investors who are experienced in crypto certainly already know this, they tend to make investments in several coins and projects, because they assume not all coins and projects can be profitable, so that makes them have to choose several projects and coins to invest.

[BlackboardTrade524]

If I start working based on just one coin. And if this coin is still profitable to me. Still, working with those coins alone will never work. Because all of a sudden, if the price of that coin goes down, I'll lose all. But if I work with better coins, and if reducing the value of one coin won't hurt me too much. Because other coins will compensate me for that loss. I really liked your post. Thank you.

[FlagstaffRevel235]

I loved reading your warning post. Depending on just one thing, we can't really move forward. We must always look for alternative routes. Just as a matter of course, we cannot rely on one coin. We need to research other good coins and find out. And with all the good coins to move forward. Only then can you find success in life.

[Maackayon1]

I am not here to fall in love with any coin. I always set my limit. Once I am in profit I will move to the next one.

[Mianae]

All project should be treated this way because there's really nothing that most projects are contributing to the space. Every project is a utility project which cannot be used in real life its all virtual we should stay safe and be smart. Thanks for the heads up.

[H1N1]

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 not 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  

Well, that is called diversification. We should diversify our investment portfolio, relying on just a single coin will be risky.
There are too many scam coins in crypto projects, trusting only a single coin having higher chance to getting scammed.

[AutomaticTrade254]

I loved reading your warning post. Depending on just one thing, we can't really move forward. We must always look for alternative routes. Just as a matter of course, we cannot rely on one coin. We need to research other good coins and find out. And with all the good coins to move forward. Only then can you find success in life.

[Jateng]

Yes, absolutely right, because whatever the work must always be accompanied by knowledge and a calm soul, because in investing it is strongly recommended to control our emotions so that they are not greedy and misguided, because the risk of investing is enormous.

Always rely on projects that proven a lot in the market and not for huge promises that double or triple your money for an instant. Everything works for a reason and all must flow in the right process. Good investors rely on not just for the price but also it's technology and application. It's not bad at all to be questionable and always stick with your investment strategies. Put the money first in secure tokens then invest for the cheap coins but it has a great potential in the future.

[TheClownSong]

Yes, absolutely right, because whatever the work must always be accompanied by knowledge and a calm soul, because in investing it is strongly recommended to control our emotions so that they are not greedy and misguided, because the risk of investing is enormous.

Always rely on projects that proven a lot in the market and not for huge promises that double or triple your money for an instant. Everything works for a reason and all must flow in the right process. Good investors rely on not just for the price but also it's technology and application. It's not bad at all to be questionable and always stick with your investment strategies. Put the money first in secure tokens then invest for the cheap coins but it has a great potential in the future.

Agree, do not be tempted by the lure of price increases up to 2 or 3 times. Prices will rise naturally if the project can produce products that can be used by many people and investors will be interested in investing in the long term

[Surrapatt]

I loved reading your warning post. Depending on just one thing, we can't really move forward. We must always look for alternative routes. Just as a matter of course, we cannot rely on one coin. We need to research other good coins and find out. And with all the good coins to move forward. Only then can you find success in life.

Yes, that's right, if you only depend on one coin, it will certainly take a long time to have an advance, because the benefits are very limited, so it would be better if someone could want to examine other coins for faster progress in one's life.

[kaneki007]

I no longer believe if there is a promise of a new project because the plan might change at any time or not on time, and if I always do research before investing so that my investment makes a profit. Besides, it's better to put money on projects that are already running or look promising, even though maybe one day my expectations don't match reality.

[Tomohisa]

Something like this could only learn in a cold lesson. I used to be exactly like OP mention. Gone too familiar with a single project, didn't even care for anything else. Put everything, time and money in that single project and when it crashes down I finally learn how stupid I am.

[bitcoin31]

The idea that do not put all your eggs in one basket is old but that is true because if you all in your money to investment and if that is scam you cannot recover because you lose all your money. The smart investors are dividing their money to different investment but not only diving they need to find a teue and legit project that their money will grow...

[meldrio1]

I agree don't focus only one, always searching the project because who knows you will spot a good projects that you confident to invest.