Bitcoin Forum
June 21, 2024, 08:56:22 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Project use case is important for long term investment  (Read 232 times)
Lorokan (OP)
Member
**
Offline Offline

Activity: 421
Merit: 47


View Profile
April 26, 2020, 06:34:52 PM
 #1

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
Genemind
Sr. Member
****
Offline Offline

Activity: 1596
Merit: 335


View Profile
April 26, 2020, 06:44:25 PM
 #2

I totally agree, however, most investors are not after the product or use case of a project, some are investing because of income. People would rather choose projects who have good marketing strategy over a project with a product. Most investors are after having a token listed in a decent platform than to let the team focus on the project it self.
kingzpro
Member
**
Offline Offline

Activity: 756
Merit: 13

DIFX - Digital Finacial Exchange


View Profile
April 26, 2020, 06:47:38 PM
 #3

Absolutely, value is derived from demand, which is basic principle of economics and do not forget that the demand will only come if the project has an ecosystem of products and services that are in demand and people use these services on daily basis and generate revenue for the project and also use the project coins or tokens for discounts and benefits creating massive demand for the project tokens that will increase the value.

rahmatullah9305
Full Member
***
Offline Offline

Activity: 983
Merit: 100



View Profile
April 26, 2020, 06:50:48 PM
 #4

Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
Harlot
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 672


View Profile
April 26, 2020, 07:06:07 PM
 #5

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It's the investor's fault for demanding the project to pump the prices, I mean it's like the equivalent of asking a company to pump their own stock prices even though they know to themselves that if they are underperforming that year it would be impossible for them to do so. Yeah sure they can buy shares of their own but this will just be a band aid solution at best.


Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

This is where a lot of crypto projects fail, since they aren't fulfilling their promises or actually accomplishing something they have said in their roadmap then a promising project would definitely fail and the demand will diminish since there are really no developments involved with the project. That's why just a piece of my advice I would highly recommend you not to always just look for ICOs that are promising but also is handled by responsible people who will definitely guide their project towards their goals.
ololajulo
Sr. Member
****
Offline Offline

Activity: 2240
Merit: 270


SOL.BIOKRIPT.COM


View Profile
April 26, 2020, 07:17:56 PM
 #6

Things like this have often happened in 2018, at that time very many investors were disappointed and angry because the tokens they invested did not have real value, and what the team promised was also not fulfilled, so that it made many investors disappointed and reluctant to invest in new tokens to date.
there are a lot of used cases with no platform that allows convenience of use both for cryptocurrency regular user and novice that are online. Ferrum network (new project) is planning transaction through telegram and other social media without the use of private keys and addresses yet safe. It will encourage easy transaction, large market and will be so attractive. If the utility increases, the volume will as well then the price will follow. the space is still growing in my own but this token is DAG not the regular blockchain

B.I.O.K.R.I.P.T|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
InwardContour
Sr. Member
****
Offline Offline

Activity: 644
Merit: 260


View Profile
April 26, 2020, 07:36:35 PM
 #7

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

I totally agree with you but its not only about use case. A project can have great use cases but very poor strategies, for instance a project has a product that checkmates goods for counterfeit, yet they find it so difficult to convince firms to adopt their counterfeit verification app. Most projects with cool use cases which are successful today is because the team enacted cool strategies ; a good example is origin protocol creating impact already in e-commerce sector. Funny enough some projects without use cases still raise hype around their project just by using influencers or building a strong community. Some will have many applications on Whitepaper and many milestones on roadmap but will never achieve anything tangible. This is the more reason why we need to be careful when choosing the projects we invest in.
LbtalkL
Full Member
***
Offline Offline

Activity: 1176
Merit: 162


View Profile
April 26, 2020, 07:44:29 PM
 #8

If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.
AmoreJaz
Legendary
*
Offline Offline

Activity: 3136
Merit: 1102


Leading Crypto Sports Betting & Casino Platform


View Profile
April 26, 2020, 09:48:58 PM
 #9

If you are planning to invest in long term better not jump on those new projects in IEO, why? We don't have the assurance that those projects will last. I prefer an existing project that has already established a good reputation already and has a good volume on the market. Don't risk in those new projects we have lower risk on existing ones. Well, but there are some new unique projects we can't deny that but the majority are not good and redundant coin.

redundant without valid reason to exist! if there is no use case, they will die very soon in exchanges. because traders will jump from one project to another.
but if it has real application, it will be hard for the project to fail because there are real users who are relying on it. but very few projects can really provide a good use case. sometimes they are only good at the beginning so better look also for long term survival of the use case.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Mealea
Member
**
Offline Offline

Activity: 300
Merit: 11

FRX: Ferocious Alpha


View Profile
April 26, 2020, 09:52:14 PM
 #10

Apart from use case, we have a lot of pump and dump coin that can give profit immediately after ieo and then dump. If you want to make a long term investment, it is better to invest in established coin than looking for one coin in the name of use case.

bitkanu
Hero Member
*****
Offline Offline

Activity: 2184
Merit: 513


Moonbet.io | Web3 Casino


View Profile
April 26, 2020, 10:05:58 PM
 #11

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without the demand for the token, it may never reach its true value.

The use-case will not play a lot in this case but when they were participating in the IEO that launched in the small platforms and those must not expect a huge gain instantly. What's driving the pump is the hype.

We have the early game after the IEO successfully funded,

The use case is a very important thing for the long term but the hype used to pump the price in the short term. When a coin getting hyped and people will FOMO to buy that.

       ▒▒▒▒▓███▓▒▒▒▒     
    ▓██▓▓█████████▓▓██▒ 
   ███████▓▓░░░▓▓███████
  ▓▓▓██▓          ░███▓▓▓
 ▒▓▒██▒       ░▓█   ██▒▓▒
▒▓▓▓▒       ▓███    ▓▓▓
████     █████░     ████
████▓░  ██████▓      ████
▒▓▓▓██▒    ████▓     ░▓▓▓
 ▒▓▒███▓▒▒▓░ ▓█      ██▒▓░
  ▓▓▓██████▒       ▓██▓▓▓
   ▓████████░░░██▓█████
    ▒██▓▓▓████████▓▓██░ 
       ░▒▒▒▓█▓█▓▒▒▒       
.MOONBET.||       ▒▒▒▒▓███▓▒▒▒▒     
    ▓██▓▓█████████▓▓██▒ 
   ███████▓▓░░░▓▓███████
  ▓▓▓██▓          ░███▓▓▓
 ▒▓▒██▒       ░▓█   ██▒▓▒
▒▓▓▓▒       ▓███    ▓▓▓
████     █████░     ████
████▓░  ██████▓      ████
▒▓▓▓██▒    ████▓     ░▓▓▓
 ▒▓▒███▓▒▒▓░ ▓█      ██▒▓░
  ▓▓▓██████▒       ▓██▓▓▓
   ▓████████░░░██▓█████
    ▒██▓▓▓████████▓▓██░ 
       ░▒▒▒▓█▓█▓▒▒▒       
█▀▀▀











▀▀▀▀
> TWITTER
> MEDIUM
> INSTAGRAM
> TELEGRAM
▀▀▀█











▀▀▀▀
Inosend
Copper Member
Jr. Member
*
Offline Offline

Activity: 299
Merit: 1


View Profile WWW
April 26, 2020, 10:55:20 PM
 #12

That's right and that's one of the reason why all this project are failing because they lack fundamental plan

[ IQ ]           cash                           THE MASTERNODES CRYPTOCURRENCY
                           ⚫   t e l e g r a m   ⚫   f a c e b o o k   ⚫   t w i t t e r                         
[ LISTING ON : P2P [ P ] B2B ]  ◾  Discovering millionaires’ secret with IQ.cash
princerepon
Full Member
***
Offline Offline

Activity: 994
Merit: 101


View Profile
April 26, 2020, 11:45:59 PM
 #13

Totally agree with you. There are couple of type projects you can see these days but those projects gain success which have real usable product. If project have no big/good community, if they couldn't make their token valuable to customer then automatically price will drop. Cause investor won't invest on that token which are valueless. So before invest on a project people should check that their providing product is really usable or not.
Gab20
Jr. Member
*
Offline Offline

Activity: 714
Merit: 3


View Profile
April 26, 2020, 11:53:40 PM
 #14

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
Crypto_lion
Member
**
Offline Offline

Activity: 630
Merit: 11

NEW MEDICINE:Faster, Safer, Smarter


View Profile
April 27, 2020, 12:57:50 AM
 #15

The most important thing to look out for in a project when You are investing for long term is definitely the use case of the project along with the reputation and ability of the team members.

❱_    ClinTex     ▬▬▬▬▬▬▬▬▬     NEW MEDICINE:   Faster,   Safer,   Smarter
   ❪  TELEGRAM  ❫                 ❪  TWITTER  ❫                 ❪  LINKEDIN  ❫   
██████████████████████   J O I N   ██████████████████████
patz22
Full Member
***
Offline Offline

Activity: 1176
Merit: 104


View Profile
April 27, 2020, 02:58:05 AM
 #16

There are only few people - investors who are really after that, I agree with the statement above that most of people, actually us are just after the profit that you can get in investing on their project but surely, for those who see it as a long term investment then they are after the use of the project in real world.
asriloni
Legendary
*
Offline Offline

Activity: 3052
Merit: 1024


Leading Crypto Sports Betting & Casino Platform


View Profile
April 27, 2020, 03:04:44 AM
 #17

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.

It should not even be seen as a cryptocurrency and if os, it is an outrightly shit coin.
This is why investors who look for well-developed products instead of exchange listing are very right. Such a coin will never get listed one good exchange and most times, their prices become so useless that you might get nothing meaningful from it, even after investing si much.
I think if it's a little bit wrong. We must not put or even bet everything in the product. As you can see how harmony was developing a good product and this time it was going drowned to the bottom even if it has a good product and it doesn't give a big guarantee. The product must be supported with a lot of variable just like the community, advertisement, and a lot of factors needed to make the company can get a huge result.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
bgaf
Sr. Member
****
Offline Offline

Activity: 644
Merit: 257

Worldwide Payments Accepted in Seconds!


View Profile
April 27, 2020, 03:06:21 AM
 #18

I have seen several investors complain of rekts and loss after participating in certain ieos or investment, the token refuses to pump or increase in value.

It is as a result of poor demand for the token, hence before investing outrightly for the longer term, research and find out if the token has a use case that can drive token demand.

Because a project without use case, it's just crypto currency. Without demand for the token, it may never reach its true value.
Also consider the exchange where the IEO is happening. Sometime, the token never really good and investor noticed it. Take for example projects listed on low quality exchange such as p2pb2b or vindax. The project listed here are not comparable to the projects listed on Binance, Kucoin and other top exchange providing IEOs. Use case is important and the quality of project without it they cant experience a pump. With that said, some are increasing price but those are maybe manipulated by the exchange or team itself.

I would stay away from projects like that and only focus on good ones.
Little Mouse
Legendary
*
Offline Offline

Activity: 2086
Merit: 2040


Marketing Campaign Manager |Telegram ID- @LT_Mouse


View Profile WWW
April 27, 2020, 03:14:46 AM
 #19

If you are looking for use case or utility of a token, trust me you will not have one. I had a discussion on utility token earlier and I was really frustrated with the response ftom the community that there is no utility token in reality. Projects promised to have use case but they failed to implement, that's the case most of the times.
Check the discussion- https://bitcointalk.org/index.php?topic=5241668.msg54251841#msg54251841

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Reid
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 647


View Profile
April 27, 2020, 04:10:30 AM
 #20

Correct. But how?

Use case as you said.
What do people want right now?
What do they need?
Have been looking for something to invest with but it looks to me like they are just repeating everything.
It's difficult to find a unique one. And if you do, they end up not being supported much because there is just no hype.
Worse case, they are a scam. Those unique genius minds just used to steal money. Sad but it is the truth.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!