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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2857 times)
alan228
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October 19, 2021, 08:25:01 AM
 #341


A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
djmixen
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October 20, 2021, 01:37:23 PM
 #342

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.

The majority of the meme coins are not surviving in the end, but there are still meme coins in which I think it is still giving a good profit just like one of this are Dogecoin, Shiba Inu, Lovely, and more, these all I saw in at Hotbit where their volume its not that bad at all that I can consider here in cryptocurrency.
meldrio1
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October 20, 2021, 01:41:11 PM
 #343

Of course not all coins will recover sometimes when bitcoin is increasing then some of the altcoins are decreasing instead. Research the project is the only way to know if this coin has a future, it should be has use cases. I suggest to look the NFT game projects because it's slowly gains popularity many people like to play and earn some coins.

ardydyon
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October 20, 2021, 02:35:49 PM
 #344

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.
good advice.
it's true that not all the coins we buy when they go down in price will turn up when the market recovers.
The opinion of buying coins when the price is low and selling when the price is rising is the right way. but it applies to coins that have good fundamentals
and also the development projects they are doing are already running or just standing still.
don't just buy coins that just follow the hype, because it has the potential that you will lose money.
not every time that meme coin increases significantly, it's just a fake and momentary increase.
wise in investing in crypto

Theones
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October 20, 2021, 02:41:20 PM
 #345


A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.

It is precisely against making quick and ill-considered investment decisions that the OP warns.
The fact that the price of a coin looks low does not mean that it will definitely rise when panic buy starts.
To reduce the risk of such a mistake, you should analyze the project and then maybe we will be able to find a real pump and a large profit.

Wahyuihib
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October 20, 2021, 03:22:39 PM
 #346


A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

I agree with you but when market raise investors forget about all risks and hurry to invest not to lose the potential profit.

It is precisely against making quick and ill-considered investment decisions that the OP warns.
The fact that the price of a coin looks low does not mean that it will definitely rise when panic buy starts.
To reduce the risk of such a mistake, you should analyze the project and then maybe we will be able to find a real pump and a large profit.
Yes. analyzing is the right way for every trader to reduce the big losses that will occur. With the right analysis, we can find out where and when is the right time for us to sell or buy

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kang_kung
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October 20, 2021, 03:35:48 PM
 #347


A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
True as many new projects have massive gains in a short amount of time (AXE, Sol,...). Tho many projects will be hard to able catch people's attention since they don't follow the trend as they already established a long time ago and will less likely to recover.
Fredomago
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October 20, 2021, 07:10:18 PM
 #348


A lot of depends how useful is the coin and what services it provides. For example, now many people take care of their personal data. Here is written how it is important to protect personal data to all users https://blog.inery.io/index.php/2021/09/28/introduction-to-inerydb/

It is necessary to check all the information, especially what have already been done and how experience is the team of the project. Also important to check development of the project.

It is more simple to develop a project when market raise and many people pays attention to cryptocurrency because it is very popular and a morden trend. But in such conditions it is necessary to check all the information about the project and its team.
True as many new projects have massive gains in a short amount of time (AXE, Sol,...). Tho many projects will be hard to able catch people's attention since they don't follow the trend as they already established a long time ago and will less likely to recover.

With a lot of competitions if you are a developer you needed to sell your project more aggressively, it's no longer easy to convince investors to support you, unlike the time where ICO's are really being supported, nowadays, there are many aspects in where investors carefully observe and look for possibilities before they act and start to invest.

Investors learned from their mistakes, and now, they are really trying to work much deeper.

They value their money now, though there are also newcomers who may commit the same mistake by not doing their DYOR and blindly invest with assets that they don't have any concrete proof that it will gain success .

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