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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2876 times)
Rakeshten
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July 25, 2021, 07:44:49 PM
Merited by Sweetbtc (10)
 #41

That's right, now the all meme coins will be there in their original place they will not up with the market. They overbought due to FOMO which has ended now and most people have sold them in lose. So Now don't invest in meme coins. Choose some strong projects, which are doing good, launching new things, that are attracting more people toward them.

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July 25, 2021, 08:38:05 PM
 #42

Everyone wants to invest in a big profit. As does investing in cryptocurrencies. But the fact is true that not all types of coins have great price potential in the future. All do need knowledge to profit in investing in cryptocurrency.
It's just a suggestion and this is what I do when I want to invest in a coin.
Namely observing the mission vision of the project and researching the person who founded and also looking for updated information by joining the official media channel.

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July 25, 2021, 09:38:51 PM
 #43

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.
You are 100% correct, buying coins for cheap like bitcoin and ethereum is fine as sooner or later we will see them recover, so as long as you can hold those coins for long enough you will be in profits, but people are applying this logic to all coins and this is a disaster waiting to happen, most coins just pump and dump and never recover and many of the coins that are in the market today and that people are thinking are at a good enough price to buy are in fact a waste of time and money, but most people do not really understand this lesson until it is too late and they already invested in those useless coins.
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July 25, 2021, 09:56:18 PM
 #44

I agree with you, in investing, it is very necessary to be careful in investing in several coins on the market, using the basic economic formula in investing in cryptocurrencies is not always a reference, because some are very difficult to improve the situation, so choose the top coin that  always dominate the market.
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July 25, 2021, 10:04:43 PM
 #45

I agree with you, in investing, it is very necessary to be careful in investing in several coins on the market, using the basic economic formula in investing in cryptocurrencies is not always a reference, because some are very difficult to improve the situation, so choose the top coin that  always dominate the market.

This is the reason if you don't know which alts to keep, better go to btc. As no matter what happens, even this top coin will crash, we know that this will not disappear or always have the market. But with other alts, if it is not in the top market, the likelihood that it will be abandoned during bear season is high, or better yet, would be hard for them to survive.
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July 25, 2021, 11:12:35 PM
 #46

Agree, even real-project with good use case will have some struggle to do recover if its going to deep, i saw it on Pirl.
Becareful with what you pick since market is like a jungle which hard to predict.

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July 25, 2021, 11:38:50 PM
 #47

Right now used to experience unexpected market changes, because coins are growing in no time with good volume and trade support. Recently saw an altcoin that has been found around $0.4 and within three days time it has reached $14+ which is really big. Good thing it has got better trading volume of $25m+ which also makes it a potential asset. For this people need to be lucky, because one who has invested for long term had tasted the profit at the shortest.

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July 26, 2021, 02:36:12 AM
 #48

A time bomb explodes if coincidence and luck are on our side, if it is not certain that we are immersed in the world of investment and will suffer your finances in the future, so learn from the confessions and experiences of people who have gone through this part so that you are safe from investment slumps and are smart Be good at instincts or predictions in investing whatever coin you believe so that you can be successful, the habit of belief will definitely be successful
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July 26, 2021, 03:38:07 AM
 #49

The formula is simple and easy to understand, but those who apply it do it wrong and make incorrect judgments with it. Before deciding to buy something, ask yourself what you bought it for, do you understand it, or do you just find it very well praised by many people Smiley , wisdom is shown from here and of course we always complicate things.

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July 26, 2021, 06:21:08 AM
 #50

I agree, invest in solid projects with good fundamentals that have a real world use case. I'm buying UTNP and 0xMonero right now.
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July 26, 2021, 06:32:18 AM
 #51

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.

 
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July 26, 2021, 06:40:56 AM
 #52

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.
Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.

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July 26, 2021, 06:58:54 AM
 #53

Everyone should follow their own path, no matter how much you try to tell people what's wrong and what's right they will still do what they want, I have a friend who only bags meme coins I mean literally all of them and he is more richer than me through those meme coins so tell me what advice can I give someone who is making more money from shitcoins Huh?

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July 26, 2021, 07:00:40 AM
 #54

Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.
Because of this, not all dropped coins can recover quickly or in the long run.
even some who have fallen from the new project finally decided to stop the project. will be lucky if there is a refund, but if not it will be a loss.
the determinant lies in the assets we choose. despite the logic of the crypto market, all altcoins will follow the rally created by bitcoin.

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July 26, 2021, 07:01:05 AM
 #55

The formula is simple and easy to understand, but those who apply it do it wrong and make incorrect judgments with it.
You can avoid doing this if you choose to research first before placing your investment, make sure to engage yourself as it's really
tough to make certain calls and losses your money.

Quote
Before deciding to buy something, ask yourself what you bought it for, do you understand it, or do you just find it very well praised by many people Smiley , wisdom is shown from here and of course we always complicate things.

Assess that's really the big factor before you decide, there's always big opportunities as the market continuously moving,

it's all about how you manage bringing your assessment into executions and earned out from your investment.

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July 26, 2021, 10:23:14 AM
 #56

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.
Depends on what coin is suitable to buy at a declining market price. Buying a good coin when the price is dropping is very true to the wise saying.

I agree with you that choosing something before participating is a good choice. A good project will definitely show the truth.
As long as you can choose the coin that has the potential to increase, you will not have to worry. The coin such as ethereum, bnb, or other coins in the top 50 coin list can increase anytime and we already see what is happening with the crypto market today. When the bitcoin price increase, the altcoin will increase and we know that it happens to many altcoins on the market. But if you want to participate in some new project, I do not think it will be easy to make a profit as those projects do not have a history that we can analyze.

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July 26, 2021, 10:39:51 AM
 #57

Buy now Eth and big coins ,ride the bull market, or you can wait for the crash that some are predicting. I recently purchased ETH and other altcoins like as BLOCK and AGI with the intention of holding them for a long time and not selling them anytime soon. However, if you want to make a quick profit, day-trading is the way to go.

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July 26, 2021, 01:03:26 PM
 #58

You are definitely right. When choosing tokens for the long term we should rely primarily on investigation. If this token brings any utility for the market, if it has an innovative idea, who the members of the team are. So we can understand if it will be popular in the future. Today I see many defi-projects whose tokens are falling now, and I am sure that they will nor recover any more, so watch out!
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July 26, 2021, 01:11:29 PM
 #59

You are definitely right. When choosing tokens for the long term we should rely primarily on investigation. If this token brings any utility for the market, if it has an innovative idea, who the members of the team are. So we can understand if it will be popular in the future. Today I see many defi-projects whose tokens are falling now, and I am sure that they will nor recover any more, so watch out!
but I think project defi is not finished yet. although indeed many have experienced a decrease in the price of their tokens.
indeed, new projects are never good in the long run. although sometimes there are new projects that seem to be gaining momentum within 1-2 years of their development.
but most of those who are serious about developing projects, it does take quite a while to get their price back after a big dump.
It is natural for those who hold long-term will definitely choose top market assets with lower risk.



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July 26, 2021, 01:23:43 PM
 #60

New coins and projects should not be given the hype they crave for. You feed them with hype, they will expand further and draw more of a crowd and essentially scam more people. It is true, similar thing happened with the ICO craze back in 2016-2017 when everyone was coming with a new idea for an ICO and people blindly followed them putting in a hundred dollars for each one hoping to see gains.

But it all crumbled down to nothing when the fact came into light that ICO tokens were not securities nor equities and once the team decided to show its true colours, the investors were the one who were scammed off their money.

Similarly, hype is what pushed up the DeFi and NFT craze. People who are thinking about investing in these because bitcoin is beyond their reach are being foolish.
That seems so sad and this is what we commonly see in the market where a lot of people just ride on the market hype, investing in the project that they even never know if that is legit or just a scam thing.

In this case, these investors are just relying on luck, not on the potentiality of the project itself. That really find ridiculous and if it happens that the market won't able to be hyped according to their expectations, these investors will surely have their losses and regrets.

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