Ask yourself about the coins and tokens you buy

[paxmao]

I have been there, yes, we buy tokens with the fine intention of getting 200% plus in a week... and sometimes it does happen, and most times it does not. But apart from purely gambling to this, sometime there are projects out there that really seem to have a future. You have read many times: look at the team, the code, the community,... but there is something you really have to look into and this seems to be forgotten many times: the economics.

- A coin or token that is limited stands a better chance of gaining in value with time. However, if no more is produced ever, there may be growth problems as people think they are out and would rather support some other newer projects.
- PoS and PoW are both payments for safety of the network. Safety only matters if the network is used. - Demand is key.
- The so called "DeFi" and others will not work unless they are stable - nobody wants to owe 200% more next month.
- If you are getting "yield" by staking, that needs to come from somewhere. Either the system is printing tokens - coins or it comes from transactions. Does the transaction level justify that or will it ever?

Just think carefully if you dare to hodl for the long run.

[guydin]

You are absolutely right that we can’t invest in something without careful research of tokenomics. If this token was given away a lot before launch and presale was too generous, it is more likely that this coin will not survive long as everybody will seek to take easy profits with no care about the project. Moreover, if it is unlimited and devs don’t organize any burns, nothing can support the price.

[TribalBob]

You are absolutely right economy is the most important thing, in life
when we want to buy tokens and intend to make a profit, it turns out to be zonk, this often happens nowadays, and usually, people are consumed by FOMO a new coin

[michellee]

That means, if you want to invest in crypto, you need to know how much money you can afford because the crypto is too volatile and if you decide to hold, you use the money that will not disturb your daily expenses. As an investor in crypto, we need to be smart to choose the coin we want to hold and not just think about making a profit in the short or long term because all investments will have risks that we should concern about preventing the risk that will come.

[darahjuang]

For me, you are very detailed in creating topics, and I find this very useful. Honestly, I don't dare to stick around for the long term.
There are coins that I have received from projects that I participated in at a high price, to this day they are still locked in the exchange. In fact, the coin has a high price to this day and I can do nothing but check on the exchange to see if it has been opened.

[kxwhalexk]

Yes, what you said really helps to filter out a good token. This is what I usually do before buying new coins（presale or Private sale）.

I want to talk about my usual steps：
1.View his white paper
2.Check the currency holding address in the blockchain explorer（Check if the project has a reserved address）
3.Check TG or Discord community atmosphere（Usually there are fewer people at this time）
4.Chat with project administrators privately to see if they have the patience to answer

[Snappycoco]

I have been there, yes, we buy tokens with the fine intention of getting 200% plus in a week... and sometimes it does happen, and most times it does not. But apart from purely gambling to this, sometime there are projects out there that really seem to have a future. You have read many times: look at the team, the code, the community,... but there is something you really have to look into and this seems to be forgotten many times: the economics.

- A coin or token that is limited stands a better chance of gaining in value with time. However, if no more is produced ever, there may be growth problems as people think they are out and would rather support some other newer projects.
- PoS and PoW are both payments for safety of the network. Safety only matters if the network is used. - Demand is key.
- The so called "DeFi" and others will not work unless they are stable - nobody wants to owe 200% more next month.
- If you are getting "yield" by staking, that needs to come from somewhere. Either the system is printing tokens - coins or it comes from transactions. Does the transaction level justify that or will it ever?

Just think carefully if you dare to hodl for the long run.

I buy coins for future purposes and hold for it in years not for only 200% a week. I studied these coins vision and look for its creators and the team behind it. Most good coins offers utility and not just liquidity. These new coins who offer yielding with so much supply are very suspicious in my eyes using DeFi and other protocol. Its just a matter of doing research before entering one.

[tbct_mt2]

I have been there, yes, we buy tokens with the fine intention of getting 200% plus in a week... and sometimes it does happen, and most times it does not. But apart from purely gambling to this, sometime there are projects out there that really seem to have a future. You have read many times: look at the team, the code, the community,... but there is something you really have to look into and this seems to be forgotten many times: the economics.

Most of DeFi projects are hyper inflated but in bull market, and in a trend of DeFi, people skip this fact, accept the risk and participate in the trend. Even it is an uptrend for DeFi, not all participants will end this own investment with profit.

If they buy those tokens after launch, when price is x5, x10 and hesitate to cut loss, with hyper inflation of those tokens, price will be divided by 10, 20 times before they can see rallies. Rallies might occur a few months after launch and most of gamblers in the start would fearful shake their hands.

If they are aware of economics, they will wait for better times, to buy those tokens. Hyper inflation and overpriced at beginning are bad.
[DeFi Tutorial] What is Impermanent Loss?