henryle (OP)
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December 19, 2020, 04:50:56 PM Last edit: December 20, 2020, 02:10:51 PM by henryle |
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There are so many crypto projects, where should we invest?
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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rat03gopoh
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December 19, 2020, 08:58:32 PM |
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If it were me, I'd forget about this project very soon. Some content is plagiarized from other sites. Let's get started. On the " what is defi" page, you'll find some of their writings plagiarized from these sites: https://selfkey.org/what-is-the-best-wallet-for-defi/https://www.trqpro.pl/en/wpisy/51/zdecentralizowane-finanse-defi/Maybe for you, the explanation of these definitions is a general understanding and maybe understandable. But what about the core explanation of their project? Their features on the " Evaldefilending" page are almost the same as the Torque project Ecosystem Explanation plagiarized from https://consensys.net/blockchain-use-cases/decentralized-finance/There is no unique idea found, which means it is not interesting at all.
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Kavelj22
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December 19, 2020, 10:19:13 PM |
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+1 Thank you rat03gopoh for this great info. Better to develop the result of your search in a dedicated topic and publish it in Scam Accusations board. There is nothing about this scam project in google search. Just this fantastic video which seems also plagiarized content from here and there: https://www.youtube.com/watch?v=Z-wa2da97PYNote also that the domain of this scam is only two months old, so please op, be careful with this kind of unknown projects especially if it's required to use it with your money.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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December 21, 2020, 09:29:13 PM |
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This would have been a very good piece of advice 3-4 days ago after which the price rose by over 400%, but right now if it were me, I wouldn't bother buying as the price has started to correct. It would be a suicidal move.
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carlfebz2
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December 21, 2020, 10:50:15 PM |
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There are so many crypto projects, where should we invest?
For complete noobs then better to have some time on studying even with the basic information and things about crypto. This market had been flooded out by lots of projects in the market neither those existing ones and the upcoming ones which you dont know on whats the actual use case. When it comes to investment decisions then this would be very confusing thing to be talked on but if you do want on the safer side (not totally) then stick with bitcoin or with some top altcoins in the market. For asking on where to invest in new projects then its up to you.Always have time on making up some research.
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asriloni
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Leading Crypto Sports Betting & Casino Platform
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December 22, 2020, 03:13:05 AM |
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It's the worst thing to take the graph as a project to invest right now. It was getting hyped and then it has started to be dumped again. The hype will not be so long as people must be careful with it. When people are missing to join in the pump and he should not do that consider about the fact if pnd happened on the graph. I do believe there are so many people are trapped at the peak price of the pump that happened with the graph.
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sunsilk
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December 22, 2020, 09:12:17 AM |
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There are so many crypto projects, where should we invest?
Are you sure that you're very interested investing to projects these days? you seemed to changed the title of this thread and then asked a new question because the first project you've asked didn't get a good feed back and suggestion from other members. Before you invest to projects, have you invested enough to bitcoin?
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TheUltraElite
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December 23, 2020, 06:43:53 AM |
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There are so many crypto projects, where should we invest?
OP did you edit your original post? I can see @rat03gopoh's post and reading it seems to indicate that you were talking some specific project. So seeing it gone now, I would suggest you to follow @rat03gopoh's advice for now. In general, all DeFi projects that came in all of a sudden are going to be failures, dont let anyone tell you otherwise, because I have seen the same thing happen with ICOs and then STOs, IEOs and so on. Lending pools and stablecoins are never going to be a passive earning method - get that in your head too. Additionally several DeFi projects are plain copy pasted project details only, no project in real = scam.
As for investing, Bitcoin is the only thing you need.
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michellee
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December 23, 2020, 07:18:57 AM |
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As for investing, Bitcoin is the only thing you need. Bitcoin should be the best project he can invest now before the price increase. That is what he can do if he is confused to choose what the project he should invest because many projects offer him to make a profit in a short time, which I do not think that can happen soon. By choosing bitcoin as the main investment, it is enough for him to make a profit in the next year, especially if he invest right now before it's too late. But that will be up to him because he will decide by himself.
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Akiko
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December 23, 2020, 01:34:36 PM |
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There are so many crypto projects, where should we invest?
The top crypto currency is much secured to invest so I will only suggest this one. New altcoin can only be profitable if the project has strong roadmap and you buy it earlier than the others , and do not look for pure hype project because thats the reasons why so many lost their investment , because of wrong choice of buying . Learn about fundamental and TA this will give you hisghes gain if you know it when you are buying crypto currency.
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Inkdull
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December 25, 2020, 03:42:24 PM |
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Crypto space is now full of repetitive projects, to choose good projects nowadays I go with new use cases and ideas that will work for sure, it's easier to avoid repetitive projects, they introduce nothing new but same old use cases that we've seen countless times already
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JHORN
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Sovryn - Brings DeFi to Bitcoin
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December 25, 2020, 04:01:33 PM |
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There are so many crypto projects, where should we invest?
You are a newbie, I recommend bitcoin or Ethereum because they are the first of their kind and they are more trusted than others, this advice is for those who don't have time to do research on projects, but if you can try to learn more about crypto you can then decide to take risks on other crypto projects
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Chathusand
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December 25, 2020, 10:37:49 PM |
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Hey, First of all you need to understand just making an investment and making money is not easy. Before invest, you have to do research. Note that you can gain more profits from the new projects with huge potential in overnight or a few days. On the other hand, you can invest on projects like Eth, BTC but it takes some time to get you into profit. My advice is to do your own project coz those are your money.
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TheUltraElite
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Call your grandparents and tell them you love them
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December 26, 2020, 08:14:42 AM |
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Crypto space is now full of repetitive projects, to choose good projects nowadays I go with new use cases and ideas that will work for sure, it's easier to avoid repetitive projects, they introduce nothing new but same old use cases that we've seen countless times already
Now? More like from the start when altcoins came in existence there has never been a project that was completely new. Now I dont expect such a thing to happen out of the blue because almost every market out there is saturated by a mainstream project. However there are competitors appearing in every sector too which means there is room for development and growth. This is definitely not the easiest spaces to conquer but altcoin project owners thought of doing it so DeFi also followed suit. Like I have said in other threads, there will be no success in a new project unless they can build and inherent demand for the coin. Bitcoin is a unique currency now and reaching it is out of question. Rest all end up as pump and dump or plain scams. Same happening with DeFi too.
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Bitstar_coin
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December 26, 2020, 09:41:50 AM |
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Yeah i have been following the graph too and the project seem worthy of attention and good thing is now that btc is taking most lts down the price of the graph is has dip a lot for a good buy in, i was also watching Injective protocol too, that beast has perform tremendously this few days, am just waiting for inj to dip a bit more for a good entrance.
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Ridwan Fauzi
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December 27, 2020, 05:05:01 PM |
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There are so many crypto projects, where should we invest?
Choosing a good project these days is quite difficult, the project just give you a profit for short term investment and if late to buy the coin you'll just lose your money. A few months a god I tried to choose DeFi project, I interested to the project because its feature can be competed to YFI because there is some features that similarities with it. Indeed, the project succesfully to be launched and the price touch $500 far from I bought before launched. My fault I was greedy at that time and I want the token up more than that whereas I've got a lot of profit if I sold but was wrong because the price fall to $13 now, it is really crazy and make me angry. I regretted it until now when I should get a lot profit at this bull run but I just got a huge lose. I agree with some users above me who suggest to choose a coin that has been traded in a good exchange like binance or you can choose bitcoin for the main place to store your money.
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TheUltraElite
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January 01, 2021, 05:12:59 AM |
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My fault I was greedy at that time and I want the token up more than that whereas I've got a lot of profit if I sold but was wrong because the price fall to $13 now, it is really crazy and make me angry. I regretted it until now when I should get a lot profit at this bull run but I just got a huge lose. Sad to hear that. I hope you learnt from this and took it as a lesson more than a point of regret. It is the basic idea to sell at the profit, no matter how good the project, you are in the market to make a profit. So sell at the rise and then you can buy back at a drop - point is you extracted some profit off the asset while cycling it. I agree with some users above me who suggest to choose a coin that has been traded in a good exchange like binance or you can choose bitcoin for the main place to store your money. Good exchange does not equal to a useful project. Many shitcoins are listed on top exchanges and many worthy coins are never listed on the best exchanges. It is a matter of your own perspective here. So dont use this as a yardstick of how profitable the project will be rather it is a measure of how liquid that coin might be.
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Chathusand
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January 02, 2021, 11:18:48 PM |
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Hey, First of all you need to understand just making an investment and making money is not easy. Before invest, you have to do research. Note that you can gain more profits from the new projects with huge potential in overnight or a few days. On the other hand, you can invest on projects like Eth, BTC but it takes some time to get you into profit. My advice is to do your own project coz those are your money.
Just a reminder. Iif you have invested in BTC or Eth when after my first reply, Now you have a massive profit!
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pealr12
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January 05, 2021, 01:35:42 PM |
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There are so many crypto projects, where should we invest?
Before investing in cryptocurrency, you must gain knowledge about trading, investment or at least 2 to 3 years of experience. Before investing in crypto projects I think you should invest in stable coin. Some of the best crypto projects are now Amepay, Betfury. You can invest in all these projects. However, all projects have some risk. I disagree with that, trading has nothing to do with investing, you can say he should have basic knowledge to buy and know when to sell but not necessary need to have trading knowledge, that's a wrong information you are given out, when i first invest in crypto, i don't know how to trade, even now i don't do trading because i found it to be time consuming and exhausting, i try to stick to what i know, any one can invest and buy a good coin to hold without doing trading. lol, and why would you advice he should invest in stablecoin? it is stable coin dude which means he won't earn any profit, what happen to btc and eth betfury.... Really
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ElmedoRator
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January 06, 2021, 05:39:35 AM |
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I don't have exact advice on where to invest, but this market trend is going up and as far as i feel, more and more people are interested in crypto every day, so buy any. Any kind of crypto can bring you profits in the future. More importantly, when participating and deciding to invest in it, learn carefully, never spend money on things you do not understand about it.
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TheUltraElite
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January 06, 2021, 07:27:21 AM |
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In fact, it is not the equivalent of a river that you can easily fish with a net if you want. Because this is the crypto market where you have experience to make a profit and you have to catch the best currency. So I think you need to practice more so that you can easily get involved in good currency.
Correctly said. The concept if fishing for fish is a wrong statement here. We dont fish for coins in this market. Because 99% of all altcoins are worthless in the long run and buying them will only mean that you will enter a vicious cycle of frustration and despair. These coins are only meant to bring money to the project owners from the hands of the investors and therefore need to be avoided. In short, bitcoin is the only crypto that one needs to invest in. If you cant get hands on it, which is pretty much correct at this price, then dont buy anything else just because you have money at hand to spend. It would be a wrong investment decision and one you will regret for years.
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someone703
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January 06, 2021, 07:34:15 AM |
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As you can see there are a lot of projects in this market and they are still increasing over time. Currently the crypto market is an attractive investment place for many investors, the first thing i think you need to do before thinking about putting money in it, let's find out what this market is doing. And what do you expect from here. Instead of rushing to put money and take risks, my advice to you is that it is more realistic than you will lose more money if you do not understand this place and still want to participate.
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adzino
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January 06, 2021, 08:41:03 AM Last edit: January 06, 2021, 08:54:18 AM by adzino |
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Have you looked into any projects and you found it interesting? Make a list of those projects that you find interesting and start learning about them more. Use this forum to ask questions (beware of shills) and see how they are developing. But keep this in mind, most of the projects are scam. No matter how "eminent" the project might look, chances are they won't achieve any of those goals once people start investing in it. All they will do is dump the tokens, take all the profits and exit, never to be seen working in those projects again!
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Anonylz
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January 06, 2021, 09:02:51 AM |
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Depending where your interest lies, the time frame and your experience although to invest you really don't need more than the basic knowledge to invest, i would have suggested btc and eth but as we can already seen btc and eth are surging really high and it could be a bit risky for a noob to get in, nonetheless, if your intentions are for long term you can always buy what you can afford, also we have some good alts among the top 100 on cmc that are still reasonable in price, you can take a look, do some research on them and make your choice.
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Hamphser
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January 06, 2021, 08:43:53 PM |
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Have you looked into any projects and you found it interesting? Make a list of those projects that you find interesting and start learning about them more. Use this forum to ask questions (beware of shills) and see how they are developing. But keep this in mind, most of the projects are scam. No matter how "eminent" the project might look, chances are they won't achieve any of those goals once people start investing in it. All they will do is dump the tokens, take all the profits and exit, never to be seen working in those projects again!
Not all but 99% of them would be turn out to be a shit thats why we should really careful towards your towards on choosing a project. Put some effort on finding a better project rather than on rushing and without minding on whats the project is all about. Dont let your greed control you just because you do see its hyping and then you do invest.Dont let yourself fall into fomo and shill. Always do your own research.
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TheUltraElite
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January 09, 2021, 05:03:56 AM |
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Have you looked into any projects and you found it interesting? Make a list of those projects that you find interesting and start learning about them more. Use this forum to ask questions (beware of shills) and see how they are developing. But keep this in mind, most of the projects are scam. No matter how "eminent" the project might look, chances are they won't achieve any of those goals once people start investing in it. All they will do is dump the tokens, take all the profits and exit, never to be seen working in those projects again!
A good alternative is to not waste time on checking every new project and just stick to bitcoin. Less pressure on your head and less mental stress for your health. The trading ecosystem is prone to make people sick and this can be avoided by managing and keeping the portfolio small enough for easy management. Of this crypto is full of anxiety inducing moments and also depressing moments. Anyone who has bought or sold at wrong times knows this. My point is that, would it not be fruitful to brush away any altcoin project because 99% of them are either useless or worthless and just scam? Bitcoin though is the gold standard.
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aemma
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January 09, 2021, 08:33:08 AM |
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Yes there are many crypto projects, with even more coming on the way, but however among all of them already existing very few are good to Invest in, at the same time, among all of them currently on the way, very few as well are good for Investing. Therefore, my own opinion would be, first, are you a long term holder, if yes then look into coins like Bitcoin, Ethereum or top 10 on coinmarketcap with the exemption of USDT and XRP of course. On the other hand, if you are a short term holder, then research thoroughly about upcoming projects, when you find any go for it but be ready to sell as soon as you are in profit, because in a lot of them, you might not find it profitable again nor worthy to be held for long term. But if you are not good in researching upcoming projects, then wait for market correction and buy some Bitcoin or other altcoins.
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JahriMeayer
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January 12, 2021, 06:54:10 PM |
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thoughts and decision will be defferent from one person to another. Some people thinks btc should be their perfect investment, on the contary some people things about eth or bnb. Some people thinks neither bitcoin nor eth but others altcoins available in crypto market.so rather asking about it, you should start your own analysis and select some projects that you would like to investment.
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ultrloa
Legendary
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January 13, 2021, 09:22:35 AM |
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Have you looked into any projects and you found it interesting? Make a list of those projects that you find interesting and start learning about them more. Use this forum to ask questions (beware of shills) and see how they are developing. But keep this in mind, most of the projects are scam. No matter how "eminent" the project might look, chances are they won't achieve any of those goals once people start investing in it. All they will do is dump the tokens, take all the profits and exit, never to be seen working in those projects again!
Not all but 99% of them would be turn out to be a shit thats why we should really careful towards your towards on choosing a project. Put some effort on finding a better project rather than on rushing and without minding on whats the project is all about. Dont let your greed control you just because you do see its hyping and then you do invest.Dont let yourself fall into fomo and shill. Always do your own research. Its hard to tell which is better since to many scams are now here also even if there's a good project still they can easily dump by manipulators or the dev itself secure there future before they let their supporters dump that's why for now at the current market condition its better to focus on bitcoin for a while since its more healthy to invest on it while the market is quietly doing a good foot tracks right now.
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milewilda
Legendary
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January 13, 2021, 01:49:06 PM |
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Have you looked into any projects and you found it interesting? Make a list of those projects that you find interesting and start learning about them more. Use this forum to ask questions (beware of shills) and see how they are developing. But keep this in mind, most of the projects are scam. No matter how "eminent" the project might look, chances are they won't achieve any of those goals once people start investing in it. All they will do is dump the tokens, take all the profits and exit, never to be seen working in those projects again!
Not all but 99% of them would be turn out to be a shit thats why we should really careful towards your towards on choosing a project. Put some effort on finding a better project rather than on rushing and without minding on whats the project is all about. Dont let your greed control you just because you do see its hyping and then you do invest.Dont let yourself fall into fomo and shill. Always do your own research. Its hard to tell which is better since to many scams are now here also even if there's a good project still they can easily dump by manipulators or the dev itself secure there future before they let their supporters dump that's why for now at the current market condition its better to focus on bitcoin for a while since its more healthy to invest on it while the market is quietly doing a good foot tracks right now. Actually on point because even if projects do looks legit and good but still you cant be sure if they would really be doing well mid-way after had been listed on exchanges. It all matters on the demand itself if the community would look it to be relevant or not. For this day it isnt really that easy to trust up to fund some projects just because it is good or somewhat been recommend or just like that.When it t comes to project investment then it relies into your own decision and research towards it but for going into some sort of security or assurance then i would be sticking to older ones.
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Chathusand
Jr. Member
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April 18, 2021, 08:30:34 PM |
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Hello there, First and foremost, you must realize that simply making an investment and earning money is not straightforward. You must do analysis prior to investing. It's worth noting that you will make more money from new ideas of high potential in just a few days or hours. You can, on the other hand, invest in ventures such as Eth and BTC, but it will take some time to see a return. My recommendation is to do your own project because it is your money.
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