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Author Topic: Be careful what you choose to invest in now, not all coins will recover.  (Read 2823 times)
_IRMAN
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October 08, 2021, 08:41:53 AM
 #301

The choice of a coin for investment should be approached with special care. It is better to buy coins that have already proven themselves to be reliable.
Actually it is very easy to see and choose cryptocurrency coins at this time because there are many help services through several trusted sites so that it makes newbies who want to choose coins no longer difficult and troublesome for them in that regard.
Yes that's correct, but not all newbies can understand about it, most of them will just enter without research first.
Services like that should advertise more so that newbies don't go astray.
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October 08, 2021, 09:17:14 AM
 #302

Things like these must sometimes be avoided because many individuals buy in coins that they have not researched and do not comprehend, despite the fact that information from a variety of sources is readily available. True, some of the new altcoins that soared during the last bull market will almost certainly never return to their previous price levels. This is a risk that must be taken, and this is, of course, a task that must be met. When we invest in crypto, we are aware of the potential implications, one of which is the loss of the assets we have invested in.
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October 08, 2021, 09:21:45 AM
 #303

Yes that's correct, but not all newbies can understand about it, most of them will just enter without research first.
Services like that should advertise more so that newbies don't go astray.
For that they can also ask experienced people because without asking they will also get lost in making steps,
but basically they also know the initial details when they want to start.
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October 08, 2021, 12:22:34 PM
 #304

That's right, we can see the development of the coin so far, which is good on average, the old coin, because the old coin has a very strong foundation, if we compare it with the new coin when it goes up it's not so prominent but when it goes down it's free fall, it's almost half a percent down . ..

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October 08, 2021, 01:27:47 PM
 #305

I agree with the sentence in the subject. People shouldn't overcome by languor in times like this. Green color is dominating the market these days. However, it might not be the same for most of the coins in the near future. I would advise everybody to make their investments carefully. If the project doesn't seem promising to you, then there is no need to take a big risk. And it is safer to continue with known and strong coins for now I think.


Well said, yes, every investment should be done carefully by doing more research about the coin because not all project are well and good but then we can invest with etherium or other coins that are more stable than the new one.
Researching is the only way out for potential Investors who choose to invest in coins with good potentials especially coins that are solutions to some blockchain problems like high cost of transaction, scalability issues etc these are coins which it developers had studied the market problems are proffers solutions to it by creating those coins, an investor will surely earn decent profits if carefully invested in those type of coins, avoid investing any coin without a proper whitepaper and roadmap

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October 10, 2021, 07:39:38 AM
 #306

That's right, we can see the development of the coin so far, which is good on average, the old coin, because the old coin has a very strong foundation, if we compare it with the new coin when it goes up it's not so prominent but when it goes down it's free fall, it's almost half a percent down . ..
What do you say buddy? do you mean a new cryptocurrency with an old cryptocurrency whose price can be very much different? as well as in terms of the foundation where new cryptocurrencies still don't have the strength like old cryptocurrencies that already have a very large community.
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October 10, 2021, 07:47:11 AM
 #307

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.

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October 10, 2021, 07:56:54 AM
 #308

Exactly, I agree with you. It must be already obvious for investors actually that there is no way to see all cryptocurrencies recovering. Some of them increase in a very short time and drop very sharply after some time. And they don't ever recover again as they are not very bright projects. Investors must be careful about this kind of projects. I personally go for the top coins mostly. Sometimes, I invest into promising projects like Solana also.

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October 10, 2021, 08:37:57 AM
 #309

Interesting, I think it doesn't hurt to be careful, one thing, in my opinion, the choice of investment type, both long-term and short-term, is the choice of each and the token/coin that will be chosen. Yes, the present moment with the number of coins/tokens that are born every day has a positive meaning for the development of crypto as well, whether the profession of an investor or a trader is required to be observant in choosing.

My view is simple, apart from looking at some important points such as fundamentals, the function of the coin/token, and the big team behind the coin/token, they also always see where the market is going along with the supporting data because the main goal is to increase the value of the investment, not even stagnate.

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October 10, 2021, 11:13:58 AM
 #310


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 very important to create demand in the coin. That is why it is necessary how coin is developing, check the ecosystem of the project and the team of the project.

To have demand for a long time the coin must be useful people. It is very important to have a secure storage of data because now there is a big demand in storage of different information.
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October 10, 2021, 05:15:34 PM
 #311

Exactly, I agree with you. It must be already obvious for investors actually that there is no way to see all cryptocurrencies recovering. Some of them increase in a very short time and drop very sharply after some time. And they don't ever recover again as they are not very bright projects. Investors must be careful about this kind of projects. I personally go for the top coins mostly. Sometimes, I invest into promising projects like Solana also.

Everyone will never be able to recover, only the strongest will survive. And as we have seen more than once, only serious coins will feel normal. Many altcoins are becoming problematic.
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October 11, 2021, 12:54:05 PM
 #312

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.
Meme coins can also disappear in a matter of days when the dumps start to come to him repeatedly and simultaneously, so don't think that the meme coins can't be lost, because the durability of these meme coins is very weak in the market when there are few buyers.
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October 11, 2021, 01:39:24 PM
 #313

Unfortunately it still seem like the fastest profit comes from meme coins which is worrying. I dont like when there is a hype around unless shit coins, this always leads to bad things for crypto market.
Its even hard to get lucky with a real project lately since there are so many of them and good ones can get lost in all the white noise.
Meme coins can also disappear in a matter of days when the dumps start to come to him repeatedly and simultaneously, so don't think that the meme coins can't be lost, because the durability of these meme coins is very weak in the market when there are few buyers.

If it's true as you say, we should be more careful in buying meme coins. Moreover, meme coins are currently very popular. and it's not impossible, the coin meme scammers will take advantage of this good situation.. right mate ?

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October 11, 2021, 02:07:19 PM
 #314

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.

I thought that Buy Low Sell High is easy. But I got a problem with when to enter and exit the market, as well as what coin I must invest. Then there was a coin that from a very low price it pumps really good with a really good price just like some meme coin today. I got by this coin so I invested. Then I decided to farm it. That was 2017, bitcoin almost reached $20k but did not happened. It instead goes down so altcoins followed. The coin I invested becomes priceless and became unlisted. With this lesson, I prefer to invest in popular coins like eth and btc only. For some nft games, I want assurance first like knowing that my friend is really making money out of it.

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October 11, 2021, 05:32:50 PM
 #315


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/

To have demand for a long time the coin must be useful people. It is very important to have a secure storage of data because now there is a big demand in storage of different information.

Now cryptocurrency market raise and many investors pay attention to cryptocurrency projects. But it is necessary to check everything before investing - the team, development of the project, and how it follows the roadmap.
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October 11, 2021, 10:10:39 PM
 #316

It is very important to create demand in the coin. That is why it is necessary how coin is developing, check the ecosystem of the project and the team of the project.
What you're saying is a very common thing for everyone to do on any new project, because without checking each one there's no way of knowing how far a coin has grown, so I don't think it's worth talking about.

Even if you study projects, this will not give you 100% confidence in the growth of this or that project.
Ultimately, everything always depends on where the market is globally. If Bitcoin is growing, then any project has a chance, if not, then only the strongest.
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October 12, 2021, 07:30:45 AM
 #317

Some coins like BTC, Ethereum, BNB, SOL, Trx and others will recover in the long term, what many investors should be worried about is the existence of new altcoins which are probably the ones that are growing. tend to stand still right now. Currently BTC price is gradually recovering, making the initial altcoins will be affected quite a lot because investors start using their money to invest in BTC this will make other coins no chance. Council rose copper during this time. so let's choose wisely which coin will recover if the market will bounce back I personally choose BNB , SOL and BAN.

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October 12, 2021, 08:01:08 AM
 #318

It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.

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October 12, 2021, 08:05:48 AM
 #319

Everyone will never be able to recover, only the strongest will survive. And as we have seen more than once, only serious coins will feel normal. Many altcoins are becoming problematic.
It's clear because Altcoins that are not strong in the market and in cryptocurrencies will always be oppressed by others when they start to compete with others, even though in general this has been seen thoroughly in the past and makes it a lesson in the present.

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October 12, 2021, 06:20:09 PM
 #320

It's definitely real, and i agree of not all coins you're going to invest would recover whenever it's price drops, it's just a lucky thing if it gets valuable from nothing, it you're inveating from it's lowest price it's not going to be huge lost, however if you start to invest from a single coin from it's high peak value, it's a fifty-fifty chance to recover if it's price drops. So, we should be thinking twice and carefully choose what to invest.
For first step if you are going into crypto world for investing and having profit please read all details about project team and then check product use case if you feel good then surely you can invest into this because right now we have too many scam projects which are running by cheater developers for pump and dumb they will never give you any better way in near future these can go into nightmare for you because after losing your funds you will never able to have these funds back into your wallet.

Currently, we have very few good projects, but they are not good at marketing so people's not able to have them in limelight just check white paper and then do your search and invest.

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