maxreish
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April 27, 2020, 04:54:23 AM |
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You are pertaining to the new altcoins who were managed by pump and dump schemes. Haven't you supposedly research on that too? Those teams and dev behind the project? Research is not useless as you have said, OP. If you research well about the project's objective, products and team. You will gonna spot the legit and scam altcoins. We all started researching altcoins for long term investments. Aside from that, it is also important to read some good feedbacks from old investors before buying that particular altcoin.
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samcrypto
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April 27, 2020, 05:15:33 AM |
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Doing your research on new coins/tokens is worth it, and if you want to make your investment profitable you probably need to make research first. That's a normal scenario on the IEO's they usually pump on their first week but after that we can expect a big dump on that because of no more hype. I also don't like holding new coins/tokens for long term because I know they will dump and left be out in the market, its too risky to hold.
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SacriFries11
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April 27, 2020, 05:23:58 AM |
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From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.
In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market.
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Krabby
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April 29, 2020, 08:11:02 PM |
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From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.
In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market. Altcoins that exist in this market are always better than new altcoins. Currently, the new altcoins are difficult to survive in this market, their prices quickly collapse and there is no volume because of the bad market situation. If you want to invest in altcoins long term, it is better to choose the top altcoins in the market to be safe.
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JungleOnion
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April 29, 2020, 08:37:30 PM |
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Lots of altcoins have a strong blockchain and community backing them up so it's worth getting involved before deciding to invest in it. If getting involved in a project yields significant results based on your criteria, then you can consider the idea of investing in a coin.
Just investing purely because of technical analysis won't get you far. Coins that can be analyzed technically are very few and at the top of the list, which normally would take a significant amount of capital to reach decent gains.
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soramon
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April 29, 2020, 08:59:49 PM |
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It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.
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Kasabus
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April 29, 2020, 11:41:26 PM |
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It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.
Yes. Research is not a 100% guarantee that you will see good results at the end of the project. To be more practical, play safe by investing on bitcoin or ethereum because for sure, both of them will give profits in the long run. Other altcoins are still a waste of time since most of them still go to zero value after some time.
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Ridwan Fauzi
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April 30, 2020, 03:14:09 AM |
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It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.
Yes. Research is not a 100% guarantee that you will see good results at the end of the project. To be more practical, play safe by investing on bitcoin or ethereum because for sure, both of them will give profits in the long run. Other altcoins are still a waste of time since most of them still go to zero value after some time. Investing in new project is not suitable to be choose for long term investment you'll ge a lot of lose in it. Choosing new project for short term investment is more suitable. Even, you aren't greedy you will get a lot of profit in it, like has happened a few times ago. Steem's developer has decided to hardfork and the result hive is new hardfork for steem coin. The hive coin is being listed on binance exchange so as there are a lot of people who buy this coin as much as he can. But as you can see now its price is increasing, it that mean the most investor has sold the coin to avoid a dump.
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bgaf
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April 30, 2020, 03:56:50 AM |
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Maybe I agree with this, since IEO ever introduced I noticed that some investors are not looking into details or even paying attention to the concept and even purpose of the project. Their goal is simply just to join IEO then take some profit and wait again for another new IEO that will launched.
I am not pessimistic but the altcoin space has been like this and the value of the altcoin are just depend now on trading and no one care what development they have as long as the trading can give them profits. So we can say that altcoin projects has no interest now perhaps we should only look on old projects where development kept pushing not on these new ones.
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cahbagus555
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April 30, 2020, 07:20:57 AM |
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After checking through through altcoins, their ieos, the immediate pump after ieo, The stable price and volume for few weeks, months, And the sudden crash in price,
I want to say that any research on altcoin whatsoever is pure waste of time & energy. it's only the coin devs/team and that can guarantee someone the exact time to invest & exit, it is better to invest and hodl altcoins on the short notice and take profits.
when you're ready to hodl for a long time. It is better you do all that research on trading TA wise for btc & eth than any other altcoin whatsoever.
This is my ample opinion, i will like to further learn from suggestions
If we are careful in doing research on altcoin and right in investing, I think altcoin can provide huge benefits. Altcoin price movements may be unpredictable but sometimes the increase that occurs in one day can reach tens or even hundreds of percent
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CuriousGeorge
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KUWA.ai
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April 30, 2020, 08:59:38 AM |
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From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.
In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market. Altcoins that exist in this market are always better than new altcoins. Currently, the new altcoins are difficult to survive in this market, their prices quickly collapse and there is no volume because of the bad market situation. If you want to invest in altcoins long term, it is better to choose the top altcoins in the market to be safe. If you are thinking like that and how those new altcoins that launched on various IEOs have already can survive till this time. I have learned a lot from my past experience and as long as the new coins have a very good fundamental and it can sustain even longer even surpass the old coins who already exist.
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dragon695
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April 30, 2020, 09:06:45 AM |
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After checking through through altcoins, their ieos, the immediate pump after ieo, The stable price and volume for few weeks, months, And the sudden crash in price,
I want to say that any research on altcoin whatsoever is pure waste of time & energy. it's only the coin devs/team and that can guarantee someone the exact time to invest & exit, it is better to invest and hodl altcoins on the short notice and take profits.
Yes, I agree with your views on short-term speculation over long-term investments in the crypto market. Please allow me to state my opinion on this view. We can see the alts listed on big exchanges, soaring prices and then falling miserably and even the Dev team is no longer growing, this happens often. such as Celer, BTT, OATH, ONE. The reason behind that is the fomo of the community. After that fomo wave cooled down, it was time for people to sell their coins to look for other coins and make a profit. Basically, we can see that most people don't invest in technology. they speculate and expect immediate profit, when the prey is empty, people will leave.
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Salamstar
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April 30, 2020, 09:08:48 AM |
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Research before investing in alternative currencies is important and you should ask questions about the currency project and you will find there are a lot of cryptocurrencies available that have potential use cases in the future and these are considered the best for investment.
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assa1979
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April 30, 2020, 09:43:06 AM |
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It is true, research is just an initial step for you to gauge if a project has a potential or not. Once the project gathered enough funds for project developent, it all depends on the whole team how will they maximize the fund and how will develop the platform/product as well as marketing which will determine the growth in the long-run.
Can't say much against this position, but I have one particular thing - no one actually knows if dev team of partially successful altcoin will spend their income wisely or waste it. Thus being said you can't know for sure if an alt will dump eventually, so if you believe in one altcoin you can risk your funds and hodl on it
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lousie9
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April 30, 2020, 09:51:02 AM |
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of course yes. if your goal is to invest using crypto, then do more detailed research about the coins you want to invest. my advice prioritize bitcoin investment at least secure your money. and some of the top altcoins that have been listed in the top 10 CMCs. and remember that the ups and downs of coin prices are normal, you need to pay attention to the market situation and monitor your investment all the time.
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Byakuga
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April 30, 2020, 10:19:51 AM |
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The only two surest way to make income from crypto nowadays is 1. Binance IEO launchpad Invest in any binance IEO projects and make 4x-8x from the project once trading starts, it always works 2. Bitcoin Can't deny this, Bitcoin is still the best coin to invest all your money on, risky but safer than the rest, in bitcoin invest timing is all you need
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Jocuserious
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April 30, 2020, 10:25:23 AM |
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Yes research a good step for your invest Even if those projects like adding IEO in Binance launchpad then many investors like to happy without research. But yes our goal always follow real project so we can't take invest a project without more research their roadmap.
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Bonwin
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April 30, 2020, 10:38:15 AM |
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It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.
That most altcoins are short term does not mean you should not do your research. Inasmuch as you have interest in altcoins and you want to invest in them, it will be necessary for you to do research, because that will help you to know when to buy and when to sell. Not only that, but there are also altcoins that are being peddled by scammers, so, your research will help to keep you safe from them to an extent... ... and if you must invest in a new one, constant follow up, that is, regular update through research will be necessary until you decide not to buy, sell, trade or invest in it again.
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tbterryboy
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May 01, 2020, 04:00:30 PM |
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You’re right in a way. But the main reason why you should do research is to get to know about the team that are in charge of the project.
If the team are a good, you will be sure that your money is in safe hands and you’re not going to lose all if the price should fall. Imagine that you didn’t do any research and invest in the hands of scammers, that would be the worst case because you’re going to lose all your money and there would be nothing left for you to take when they exit the market. So, doing your research is very important , just do whatever you know it’s going help you, it’s very important.
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Metall303
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May 01, 2020, 05:57:27 PM |
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You’re right in a way. But the main reason why you should do research is to get to know about the team that are in charge of the project.
If the team are a good, you will be sure that your money is in safe hands and you’re not going to lose all if the price should fall. Imagine that you didn’t do any research and invest in the hands of scammers, that would be the worst case because you’re going to lose all your money and there would be nothing left for you to take when they exit the market. So, doing your research is very important , just do whatever you know it’s going help you, it’s very important.
I saw so many good teams that did terrible projects. I saw experienced teams just losing all their money. I also saw how some CEOs with good cryptocurrency experience just ran away with all money. Team does not guarantee success
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