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Author Topic: looking to the future of crypto  (Read 868 times)
NoG-NoG
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August 27, 2020, 01:20:34 AM
 #61

I think even there are project developers whose mindset is just only for the good of themselves for the cause of the others especially investors and just thinking for a short term mindset, I still believe that there are still many developers whose heart is for the good of all and which look for the best of all and thinking for a long term mindset we just need to really do our research and trust with them.
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August 27, 2020, 01:35:52 AM
 #62

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?
Its not something new and we used to see (especially new projects) this kind of situation. So if an investor is not careful enough when choosing where to put their hard-earned money the chances of losing it or getting scam is high.

Shit projects are always there it wont disappear. Hence its up to us if we are easily convince to support and invest to them. Thats why its better to choose an old rather than a new project because its unlikely to become a scam.

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Bitcoin Miners
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August 27, 2020, 03:20:22 AM
 #63

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

Not all projects are successful in this market, but all will help build this market grow more than. That is the balance and don't hope that all projects will be successful like the way that they talk. Overall, this market are going up in a sustainable way

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August 27, 2020, 03:39:14 AM
 #64

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?
Those tokens and coins are shitcoins. You can eventually see them a lot on different market especially on uniswap.  You can see a project that are born today and simply die days from trading start. Better to bet your money on old projects that has proven their stability.

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August 27, 2020, 09:45:23 AM
 #65

There are currently a lot of projects that sit to harm others and have no long-term plans.Many such projects have led many to mistrust the cryptocurrency market. I hope the authorities will look into the projects so that no one is harmed.

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August 27, 2020, 09:58:35 AM
 #66

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

I think you are right, and the future looks indeed bright, there are more adopters of the blockchains, there are several newbies too who have one way or the other shown interest in the blockchain and crypto currency projects. But still there is no reason to rush anything. Just take it one at a time.
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August 27, 2020, 11:02:56 AM
 #67

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

During this time period is a very good opportunity for you to choose to invest in Defi projects but should also consider carefully when deciding because there will certainly be risks when you choose to invest. I also know Defi projects are very similar to ICO projects but in general Defi is gaining more investor confidence. However, the trend of investing in Defi projects will end soon by the end of this year and another trend will begin.
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August 27, 2020, 12:36:59 PM
 #68

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

During this time period is a very good opportunity for you to choose to invest in Defi projects but should also consider carefully when deciding because there will certainly be risks when you choose to invest. I also know Defi projects are very similar to ICO projects but in general Defi is gaining more investor confidence. However, the trend of investing in Defi projects will end soon by the end of this year and another trend will begin.
DeFi projects are having more investor confidence as compared to the ICO investors as the DeFi investors already know that the project will get listed on an exchange no matter what the situation, in the times of ICO investors there wasn't these smart contract exchange services like Uniswap were used. Moreover, every DeFi project is making these investors a lot of money without any possibility of them loosing their money and without trusting anyone with their money as the coins come straight into the investor wallet, the problem here is just that the developers can exit scam the investors just like every project out there.

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Francis Freeman
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August 27, 2020, 12:53:13 PM
 #69

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?
The trend has now shifted to Defi. All shit projects now add Defi to their name just to seek attention from investors but the truth is, only few will survive. While some has performed awesomely like Link as an oracle, some decentralised exchange tokens like KNC, Band and BNT are the only Defi that deserve some accolades. The rest is pump and dump.

Recently failed were Yam and Spaghetti project, I weap for some investors for not doing proper research as this project were not properly audited.

Can'r stress this enough. I completely agree with the OP. Wait for the market to collapse and you will see the defi projects falling like a pack of cards.(at least the opportunistic ones).

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Iyanu14
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August 27, 2020, 02:48:06 PM
 #70

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

Irrespective of these unreliable projects, crypto industry is growing on a daily basis.  As we have thousands of projects almost dead, so we have thousands that are really doing well.  So it's a matter of choice. You look well before choosing any project and you're good to go.  This cannot prevent those that are coming into crypto.
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February 01, 2021, 02:41:16 AM
 #71

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))
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February 01, 2021, 07:56:09 AM
 #72

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?
many of course projects "that do not think about their future development, and their team only think about the profit for a moment without thinking about the long term, and certainly many investor promoters who are very disadvantaged by all the support they do, and now makes investors more deterred and more cautious. -Be aware of the new projects that will be created, and I hope that the return of the price of bitcoin and some other altcoins will have a positive impact, and will create projects that are expected and have good development potential in the future.

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February 01, 2021, 09:01:27 AM
 #73

Unfortunately, most cryptocurrency projects are created in order to make money in the cryptocurrency field, few projects exist for some other purpose, and therefore, most new cryptocurrency projects don't live long and because of this, many investors who invest in new projects lose their money and therefore it is worth focusing more on investing in top projects, and then you will minimize the loss of your investments to a minimum, but also you can invest in new projects, but you need carefully study each project.
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February 01, 2021, 09:03:21 AM
 #74

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

not all new project are like that, because there are new project that are successful and the price increases very high, but indeed I always suggest to my friend or family who want to invest in crypto to choose crypto that is in the top 100 on coinmarketcap or project that already has a product and progress, because the risk is less than investing in a new project and of course the price will definitely continue to increase, so it will give you profit.

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February 01, 2021, 02:35:05 PM
 #75

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))
besides good dex projects with high liquidity are potentially interesting  for trading and long term investing
some good dex projects i saw based on Curve exchange - for example, stablecoin dex  - xsigma, i'm interested because they are backed by a public company
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February 01, 2021, 08:25:05 PM
 #76

I think the future of crypto will develop rapidly if many people are interested in using it in investment or treding, so that it will help in terms of the global economy, but with legality requirements recognized by the state as a treding or investment medium.
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February 01, 2021, 08:53:03 PM
 #77

Unfortunately, most cryptocurrency projects are created in order to make money in the cryptocurrency field, few projects exist for some other purpose, and therefore, most new cryptocurrency projects don't live long and because of this, many investors who invest in new projects lose their money ~~
with a scenario like this, we know that most of the new projects are deliberately made like fast food, must be "eaten" immediately, if left for long it will taste bad.
investors must really follow the flow, if they are late in selling then they will lose.

Moreover, there are many scammers who take advantage of the popularity of DeFi, you should be careful if you are still not familiar with this ecosystem. It's better to choose a cryptocurrency that is at the top of the CMC rankings, some altcoins have already shown significant increases, others will soon follow. Do the best analysis, don't miss it.

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February 01, 2021, 09:12:29 PM
 #78

Most new projects don't have long-term prospects just looking to get some temporary benefits. therefore many people do not believe in and participate in new projects. therefore always learning a new project is very important rather than just joining in

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February 01, 2021, 09:33:55 PM
 #79

as for me, a lot scams we have faced during ico times, and now the situation repeated with defi. but still there are a lot of possibilities to get profit, so 1) diversify you invest pocket 2) make your own research before invest. i try to choose interesting dex projects with credible founders - at least they really need token inside platform ))
besides good dex projects with high liquidity are potentially interesting  for trading and long term investing
some good dex projects i saw based on Curve exchange - for example, stablecoin dex  - xsigma, i'm interested because they are backed by a public company
yes, i read a press release about them - they have   a good team from amazaon and ripple
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February 02, 2021, 12:35:12 AM
 #80

We will not be able to eliminate the scam project, naturally it will always be everywhere, like grass growing in the fields even though the farmers don't want it, just like a scam project that will always appear among legit projects.
As an investor, it's better if you invest in coins that have a top 100 CMC rating, coins that have high liquidity are very good because their prices tend to go up.
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