Don't invest for quick gains only

[Shasha80]

It is very regrettable that most investors only care about quick gains only, therefore many have become victims of fraud. Because scammers know
DeFi is a trend that is very booming and is of interest to many people, eventually many DeFi projects have sprung up without any clear purpose.
Finally in order to avoid becoming a victim of fraud, we do have to do research and analysis thoroughly and make sure the projects we are going to
buy have better utilities. Don't choose DeFi which is popular because of the hype alone.

[ahoenk]

I agree with you in this statement, but its not only on DeFi project, i think next big think is big data niche. And i am very confidance on XSL Labs on this niche. I invest on it for long term to support developer. We need long term investor not only pump and dump actor to invent something new.

[Kong Hey Pakboy]

It is very regrettable that most investors only care about quick gains only, therefore many have become victims of fraud. Because scammers know
DeFi is a trend that is very booming and is of interest to many people, eventually many DeFi projects have sprung up without any clear purpose.
Finally in order to avoid becoming a victim of fraud, we do have to do research and analysis thoroughly and make sure the projects we are going to
buy have better utilities. Don't choose DeFi which is popular because of the hype alone.

Indeed. Since DeFi projects become a hype, investors are only interested in looking for quick gains or profits because waiting for a long time is not worth them. Therefore many have become victims of DeFi scams, especially those free fake airdrops and giveaways on Twitter. Easy money and quick gains really exist, but not all the time because if earning money is really easy, many people are rich today.

"It takes time to create excellence. If it could be done quickly, more people would do it."
John Wooden

[cryptoknightt]

actually it doesn't matter if you really benefit from that short time. you can search for other projects or see market conditions and prepare for the next entry.
this depends on the strategy of each person. i personally do both of that, buy and sell in short time, also for mid term.

[odukoyaewatomi27]

Eventually, it truly dependent upon ourselves to conclude which is the awesome tune-in for our way, I think. Speedy increase, transient investment, and moderate addition, long haul investment each have its own development in the unstable crypto market that consistently changing occasionally. Never turn down an entryway if it could lead you to benefits and gains.

[heztida3]

Many such projects would be their which are created for quick gains or say it is a dump coin where only for the benefit of the owner those are created. So once they get good price just dump the coins and in the end investors lose out their money because they did not sell at right time or at times they die even before hitting the exchanges. So, ensure only after knowing about projects you all invest in any such projects.

[Flowzer]

Many such projects would be their which are created for quick gains or say it is a dump coin where only for the benefit of the owner those are created. So once they get good price just dump the coins and in the end investors lose out their money because they did not sell at right time or at times they die even before hitting the exchanges. So, ensure only after knowing about projects you all invest in any such projects.

Yeah, its not good for crypto field. Its like HYIP ponzi models which only benefit early adopter of the project.
We need to stop this kind model and invest on a project which have good usecase and goals.

[JackieAinsley]

I think that it is not necessary to invest in projects that will die in a short time. It is necessary to invest money in long term project.
Cryptocurrency market is growing on the long term distance. There are a lot of good project. But it is necessary to check everything carefully before investing.
For example there are projects on blockchain that help to protect the nature from pollution https://moss.earth/blog
It is very important to keep the environment clean and in future it will be demand in such projects.

I checked the price of MCO2 token on the site of MOSS. It continue to grow. It is very important to create demand in the token that its price would grow in future.

[Cloverfield]

It’s good advice given the OP. Quick gains cm turn into hefty losses. There are still a lot of bubbles to be burst. Where BTC will inflate itself everytime, it’s not the same for others.. Look at longterm when investing for a great deal of your portfolio and put only a small percentage of it on the short term quick gains.

[oprahwindfury]

venture and openings are comparable. in as much as realize that the crypto market is feel with brisk tricks, it is a call for everybody to bet admirably. I do encourage novices to avoid Defi trades like Uniswap. parcel of financial specialists has lost their assets on this trade because of snappy tricks and it won't stop much the same as the other trade stage.

[fahmimajannat]

Actually quick gainers have high risk. It's better to invest in long term projects like dia youc dodge etc. Which could be much more profitable than quick gainers.
Ao i think its better to keep eyea on tokens those have a great future.
So think about long term earning not highly risky profits where you can lose all your assets.

[criket]

No problem, I prefer the short term when I buy and profit and then sell and wait for another opportunity.
not exactly an investment as a whole but it is what I usually do.
especially if the market conditions are very volatile you can earn in a short time.

what you can do if you have enough skills to analyze the markets in your day trading. once you get enough profit, you can immediately exit the market. but not everyone can overcome their psychology in the event of an upward trend in prices. most people would think that the price could go higher. Many people are greedy and end up in a market situation that they think is trapping them.

[Mahanton]

No problem, I prefer the short term when I buy and profit and then sell and wait for another opportunity.
not exactly an investment as a whole but it is what I usually do.
especially if the market conditions are very volatile you can earn in a short time.

what you can do if you have enough skills to analyze the markets in your day trading. once you get enough profit, you can immediately exit the market. but not everyone can overcome their psychology in the event of an upward trend in prices. most people would think that the price could go higher. Many people are greedy and end up in a market situation that they think is trapping them.

When talking or suggesting about having analysis then it is easy but it is actually hard to be one even to those who are experienced ones.Getting early and make out some good exit isnt something
that someone can able to do so or attain.Being greedy? this had been a typical problem on us specially when we do deal with money.It cant really be avoided but somehow can really be controlled.

Most of us when we are just starting then we are really that impatient and do really rush up on making out money or believing that we can make one fast but when you are already
on the actual situation then this would be an another story.You would really realize that things arent really simple as you had initially believed.

[Wahyuihib]

Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities,  ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi
name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.

DIA

DIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink

https://diadata.org/

ORION PROTOCOL

Do you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator

https://www.orionprotocol.io/






COMPOUND

Compound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels.

https://compound.finance/governance/comp


CURVE FINANCE

Launched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies.

https://www.curve.fi/


These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there  e.g Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you

indeed, to make an investment, research is needed first, whether the project has benefits and has good value in the future. but if we want to get income quickly through the investment we make, there is nothing wrong if we try

[Alohadanc3]

That's a very good lessons for those who want to be quick rich. Most of the time people come to this market andbthink that this market is full of profit. But eventually they end up is scams or in lose money. Better learn about this market and pick some coins which are really good for long time and hold then. It will be more meaningful and profitable too.

[angrynerd88]

Ready to categorize speculation into brief term, short term and long term speculation. This can be understood that most who needs a brief term venture that surrender tall benefit will go to wanders that have more chance in this way getting included into pump and dump ventures and those that are for the most part hyped. Whereas medium term speculation regularly goes for good projects that has modern developments to offer. This  isn't awful to go for ventures that are subject to pump and dump but we must make beyond any doubt that we do our tireless investigate and be able to time catch the market positive for us.

[Onika84]

No problem, I prefer the short term when I buy and profit and then sell and wait for another opportunity.
not exactly an investment as a whole but it is what I usually do.
especially if the market conditions are very volatile you can earn in a short time.

This is a good decision. short term in a volatile situation is the best solution.
Currently, I also have 2 strategies, long term and short term. For coins in the CMC's top 5, I tend to be long term.

[sgenuine]

Actually quick gainers have high risk. It's better to invest in long term projects like dia youc dodge etc. Which could be much more profitable than quick gainers.
Ao i think its better to keep eyea on tokens those have a great future.
So think about long term earning not highly risky profits where you can lose all your assets.

It is better to invest in a deliberately promising project that will definitely develop. And oversee its implementation. If you see that the moment is right, then you can sell coins at a good price. Or leave them in long-term storage if you feel the cost will increase even more. It's not worth buying and selling coins just like that.

[terible.hunter]

I want to start with the fact that each person must decide for how long he wants to buy cryptocurrencies. Work with cryptocurrencies as a speculator or believe in and use technology. I personally believe in technology, but not everything. BTC has definitely become one of the valuable assets and this is a long game.

[mezzaluna]

Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities,  ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.

I actually have a friend who is greatly benefiting from DeFi projects by daily trading them but I did not see any DeFi project that he is trading within that list. Its still actually something that is under developed but as long as you can find the right Alternate Cryptocurrency to trade and support, you will surely gain profits from it. Its actually great for someone to report it and we should keep this list going so users would be alerted on where to invest their capitals.