blue_hurricanger
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August 29, 2021, 07:51:22 PM |
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With many altcoins did very well this time, people thought any altcoin could come back or revive. This is pure delusion bound by greed. No, most dead or already fallout of the chart and market won't making any come back. They may have some short live dead cat bound but that is it, no more.
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satsmainman
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Activity: 364
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August 29, 2021, 08:10:29 PM |
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I understand that the OP is talking from experience, the market could be very cruel to the extent that even the project you see as gems can fall and never return to their previous price level. Some of the gems we are seeing today will even be dead completely and never gain any value. Do yourself the good gesture of doing your proper research before holding any shitcoin, especially a long term hold.
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nikita2020
Jr. Member
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August 30, 2021, 04:14:51 PM |
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It is difficult to develop a project without the support of the community. Any crypto project is made for people and the community is necessary in order to support the users of the project. Now it is important for any project to have a large community. But in addition to the community, it is important to check all the details of the project, especially for the first investors when investing in the early stages of the project development.
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CaptainCrapper
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August 30, 2021, 05:26:26 PM |
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The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
Now trends is Nft every NFT token is looking good now. so before investment, any new investors please research before investment then you will succeed cause all coins and token do not recover your capital.
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ReiMomo
Sr. Member
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Duelbits - $100k Bonus/week
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August 30, 2021, 07:00:43 PM |
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Yes. Not all altcoins are recovering back. I am waiting for few coins to move up but yes, in trading one need to learn to wait or be patient enough to wait if you have already invested on a best coin. So, do not decide based on current moment of a best. It will certainly have a good growth when Bitcoin move us fast. However, if you are new to trading, analyze best coins before investing on them.
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Renampun
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August 30, 2021, 07:42:17 PM |
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With many altcoins did very well this time, people thought any altcoin could come back or revive. This is pure delusion bound by greed. No, most dead or already fallout of the chart and market won't making any come back. They may have some short live dead cat bound but that is it, no more.
I remember 2017-2018 when many people invested in any token/coin... That's really true, not all tokens/coins will recover when they are bear, even many of them become worthless and uninteresting. it would be better if you only invest in tokens/coins that are ranked in the top 100 market cap.
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purka5
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August 31, 2021, 11:14:51 AM |
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Now it is important for any project to have a large community. But in addition to the community, it is important to check all the details of the project, especially for the first investors when investing in the early stages of the project development. In general, it is very important to carefully choose projects for investment. As experience has shown, many projects eventually turned out to be scams. Therefore, it is important to monitor the project community and check what has already been done.
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bryant.coleman
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August 31, 2021, 01:29:51 PM |
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I remember 2017-2018 when many people invested in any token/coin...
That's really true, not all tokens/coins will recover when they are bear, even many of them become worthless and uninteresting. it would be better if you only invest in tokens/coins that are ranked in the top 100 market cap.
Back then many of the altcoins had crazy bull runs and went up in value by 100 or even 1,000 times. Investors were blindly pouring their money in to altcoin projects, without doing the slightest bit of research. The thinking was that if they invest in 10 different projects, at least 2 or 3 would return profits. That worked in 2017, when the success rate was around 20%. But in 2018, the success rate dipped below 5%, and many of the projects were overpriced to start with. That meant that even if a project was successful, the profits were not large enough to cover losses from the failed projects.
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kak uli
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September 01, 2021, 07:53:59 AM |
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I don't agree with your statement, I don't think it's the market that hasn't recovered but those of us who don't have the patience to wait for market conditions to improve, my advice is don't sell assets when the market is experiencing a correction, wait until the market recovers.
it come again to the asset that you hold, if what you hold is a meme coin it can have higher chance not recovering its price back because this coin can get its price that far because hype and if the hype is gone, the price will be below its ATH. But maybe if the market condition is good even a meme coin can recover back its price but I don't recommend meme coin because it can make you lose your investment because its very speculative. I don't think this is a problem with memecoins or altcoins that have the potential to be held, if in trading anyone who doesn't have patience and often panics, whatever assets they hold are always in a state of defeat in the market. because in my opinion unstable market conditions will make asset holders frantic
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zayika570
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September 01, 2021, 07:56:12 AM |
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In general, it is very important to carefully choose projects for investment. As experience has shown, many projects eventually turned out to be scams. Therefore, it is important to monitor the project community and check what has already been done. You can support the community for a long time only if people are interested in the project. Games have large communities because people like to discuss games and the stages of their passage.
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Pelana vreo
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Syntrum.com
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September 01, 2021, 08:49:10 AM |
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The problem we can do is continue to do research and make ourselves more professional in choosing or investing in a token, studying market movements and waiting for the right time we can get good results, because we will never know how the coin will go up or down .
Technical analysis is needed when you trade, but Hype can change the situation when the market is bearish new projects come with a large number of communities, there are many Gamefi platforms today, they even increase the interest of gamers to go to the crypto space because they can earn profit without having to be an expert in trading
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Pamadar
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Activity: 2982
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September 01, 2021, 10:37:04 AM |
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The problem we can do is continue to do research and make ourselves more professional in choosing or investing in a token, studying market movements and waiting for the right time we can get good results, because we will never know how the coin will go up or down .
Technical analysis is needed when you trade, but Hype can change the situation when the market is bearish new projects come with a large number of communities, there are many Gamefi platforms today, they even increase the interest of gamers to go to the crypto space because they can earn profit without having to be an expert in trading Hypes most likely influenced the market whatever the indicators are stating, but once whales interfere, We can expect either hypes or dump to takeover, there are many people who missed the chance because of manipulations but keep in mind that whatever artificial market movement there is, as long as you deal with your good research, you are good to go. Be wise in picking whatever assets to invest. There are many options to sort up, select the best one according to your own understanding.
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tiffcrz
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September 01, 2021, 12:13:21 PM |
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The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
Hey, Stakenet XSN is one altcoin worthy of an investment I must say. - Undervalued but has high potential to rise with the upcoming launch of their beta Stakenet DEX. - A project with real utility. - Not a buy-product of hype or meme. - Continuous development since 2018. - Built by a wonderful team of professionals. - Active discord/twitter community. Please check it out.
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Ten98
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September 01, 2021, 12:30:57 PM |
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I don't think this is a problem with memecoins or altcoins that have the potential to be held, if in trading anyone who doesn't have patience and often panics, whatever assets they hold are always in a state of defeat in the market. because in my opinion unstable market conditions will make asset holders frantic
There needs to be segregation in holding coins, especially for good memecoins and altcoins, because panicking in holding memecoins is a very natural thing because the potency and condition of memecoins will not always be the same as other better altcoins, so if people holding altcoins other good no need to apply panic in holding it.
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Lantind
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September 01, 2021, 06:44:00 PM |
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we can't see everything just by looking at the rankings on the market cap. all assets are determined from market demand. We have seen many old assets already in the market but not getting good enthusiasm from the community and the market.
It seems you are starting to misunderstand what I mean, look at the coins that rank well in cryptocurrencies, is the volume and demand for those coins bad? and do you know why Bitcoin and Ethereum can rank well in cryptocurrencies? looks like you have to investigate that first so you understand why they both can be in a good ranking, because the ranking is not born by itself, but is always determined by demand and volume in the market.
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dhemasm
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September 01, 2021, 06:51:09 PM |
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You write everything correctly and I want to add what it is also worth paying attention to audits, because recently there are a lot of attacks on treasury projects from these attacks, not all assets are restored after.
Well said! Audit it's one of the most importants factor to do before doing any investing especially DeFi & NFT, We already seen lot of hacked case out there and turn out to be scam since the team itself can't recover the loss, Just always make sure to invest ony any project that already passed External audit like Certik or Techrate.
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ScamViruS
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September 01, 2021, 07:05:50 PM |
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When a new trend comes in the market, everyone tries to catch it. But most of these investors fail because when they realize that a trending has started, but before that this trending comes at its last moment. Then those who invest can no longer get out of that project. So it is very important to do enough research before making any investment. Because when the market starts trending, there are a lot of people who use it in a bad way, most of whom aim to launch fake projects in the market and run away with the money of the investors.
So you have to take the responsibility of keeping your funds safe, you also have to be careful enough to find the right place to invest.
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Lantind
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September 03, 2021, 11:10:31 AM |
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Now the cryptocurrency market is growing and many games have started using NFT to attract more attention to games and provide more opportunities for players.
And it's only more profitable for game maniacs, because apart from game lovers, I see that NFT doesn't work at all for everyone in general, so it's only aimed at one direction only and not for all directions even though the NFT trend is still welcome very well by many people.
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Nekonoid
Jr. Member
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September 03, 2021, 12:21:52 PM |
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Now the cryptocurrency market is growing and many games have started using NFT to attract more attention to games and provide more opportunities for players. Now a lot of people are trying to make money on NFT. The price of NFT sometimes reaches sky-high peaks. Many people buy and create NFTs in the hope of their further growth. NFTs are especially popular in games.
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Banulit
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September 03, 2021, 01:07:53 PM |
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That is true before entering and investing in cryptocurrencies make a deep research first in order to avoid getting lose funds and keep in mind that you are doing this investment long termly.
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