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Author Topic: Just a quick warning  (Read 1896 times)
Malam90
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April 23, 2020, 12:40:56 PM
 #261

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 kept my all eggs in one basket two years ago in CYFM and MFTU. I have lost my all investment as both tokens now shit coins and about to dead now. From then, now i am aware and don't invest in shitcoins. I always try to invest in top few coins but not all assets in same coin. I hope your opinion will help new investors.
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April 23, 2020, 12:46:25 PM
 #262

The only coin that's worth relying on is Bitcoin, I can't even hold on to Ethereum alone in my portfolio, with 6 to 8 different altcoin you will be at peace, though top altcoins on top 20 will be better

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April 23, 2020, 12:58:52 PM
 #263

The only coin that's worth relying on is Bitcoin, I can't even hold on to Ethereum alone in my portfolio, with 6 to 8 different altcoin you will be at peace, though top altcoins on top 20 will be better

   I think most of us started with Bitcoin, but as we are going forward we are adding more coins on the list.
I have more then 10 coins now, and couple tokens. I didn't invest in them at once, more you hang out
in crypto-market, you have more chances to notice some promising projects!
   I don't see this topic as some warning, I see it as a good advice for people who are getting in crypto-
currencies for the first time!



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Lucifer1010
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April 23, 2020, 01:09:18 PM
 #264

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  

This is true, i trust in this project because they have a great development and real product. But the token price always drop since last year and now is worthless, seems the team don't care about the price.  Cry
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April 23, 2020, 01:18:02 PM
 #265

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.
New project aren't look guarantee to be choose for investing since a new project that just released will only get pump and suddenly being dumped and that the worst thing.

Even if you aren't lucky the project price will have no value at the end and most of them has became a culture. Take a look with some IEOs project even it was launched by binance.

Most of them only have a high price when it was traded but after that maybe it took several months to see it is price is down drastically.
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April 23, 2020, 01:23:46 PM
 #266

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.
New project aren't look guarantee to be choose for investing since a new project that just released will only get pump and suddenly being dumped and that the worst thing.

Even if you aren't lucky the project price will have no value at the end and most of them has became a culture. Take a look with some IEOs project even it was launched by binance.

Most of them only have a high price when it was traded but after that maybe it took several months to see it is price is down drastically.

The bolded is even an overstatement. Within a very short period of time, you would have seen the project down again Although, most of the IEO on Binance do not go back to their IEO prices. They still trade a little above the IEO price or the initial trading price.
If you talk of other shit exchanges, I can agree that it is worse. Imagine an IEO on P2PB2B, you can never see the coin trade at its IEO price, Before you know, it would have dumped so hard.
Irrespective of the exchange on which the token is listed, the OP opinion should be taken to.
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April 24, 2020, 07:24:28 PM
 #267

Never stop searching for opportunities because you will never know when you will find that one that will change you financially. Smart people move along with smart mind. They know better what to dig, where to dig and how to dig . Variety is something good in crypto . It is always a good thing to have choices when one of your assets fails you still have another to carry you around and continue your trading or longterm investments. Be Smart and at the same time, be ware .

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April 24, 2020, 07:34:16 PM
 #268

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  

This is true, i trust in this project because they have a great development and real product. But the token price always drop since last year and now is worthless, seems the team don't care about the price.  Cry
This happening to many tokens and coins because recently we have many projects which was started by teams very strongly but after some time teams not giving good time and intention and these projects drop like scrap.
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April 24, 2020, 07:41:07 PM
 #269

yes that's right, even though it's a popular altcoin but still don't invest in 1 project because it's very risky. if you really want to invest in one coin, choose bitcoin

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April 24, 2020, 10:29:09 PM
 #270

Thank you so much for this advice for this advice, I do not trust any coin anywhere anymore be it where ever including the exchange that claims to be the best. I have been hurt severally with lots of failed promises from projects and have decided to be more careful

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April 24, 2020, 11:55:39 PM
 #271

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  
Simple average calculation to understand the bad situation of any one coin. Coinmarketcap has over 2K coin, you selected single coin to invest, this winning percent will be 0.05%. your earning percent will be very low. Big investment in top coin and low investment for new coins. Bitcoin or Ethereum is for long time holders
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April 25, 2020, 02:16:28 AM
 #272

Not true all the time. Sometimes, one basket is good enough to put all your eggs. Example- BTC. It is true that most projects are nowadays trash and scam and there is chance that you will lose ypur investment even. But why the need of investing in project without proper research? If anyone does that, chance of losing is low.

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