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Author Topic: Be careful with the hype  (Read 2007 times)
dbc23 (OP)
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November 03, 2021, 10:48:32 PM
 #1

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
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November 03, 2021, 11:03:29 PM
 #2

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Thanks for your warning, but it is just a repeat as to what happened in 2017, so it's a deja vu, ICO that time and then we have this meme coins just appearing and then pushing their price to xxx numbers of gains.

And then what follows is a massive drop in price and those who didn't get out was obviously trap and lose a lot of money. So it's going to be a cyclical, noobs pour their money, lose a lot blame the market but at least learn it the very expensive way.

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November 03, 2021, 11:12:09 PM
 #3

-..Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Because of money, because they can, because people keep investing no matter how crappy the project fundamentals are. And people are idiots. They are falling to things like rebasing, that raises a token value but you will have less tokens so that the total value of your tokens doesn't change. I sometimes just want to bang my head to the table when i see how gullible everyone seems to be.

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November 03, 2021, 11:16:12 PM
 #4

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Unfortunately, a lot of people investing in crypto do it without any basic knowledge. They often only invest in something because someone told them so. With every financial investment, analysis is the most important thing, so before risking money, no one should follow the hype, but do their own research.

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November 03, 2021, 11:17:04 PM
 #5

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Don't call them nice projects, they have a bad intention upon making that project and there's no reason why they've done that project. The same goes for other projects.
They've made a milking cow through this hype and too bad many investors got burned by them and they took advantage of it. Investors, the newbies and experienced ones, everyone should not be dealt with hype and you need to control yourself of not getting on it.

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November 03, 2021, 11:39:44 PM
 #6

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot.
Some people didn't even get any profit from investing into the hype coins. That's their mistake by buying the project that already hyped rather than try to buy tokens from the project that has sustainable development progress. there are bunch of awareness about this but people keep ignoring it. That's their fault. People have so many choices in the market but that's very sad to see that they were only taking project that got hyped. This mistake already discussing by so many people since a long time ago. I can't deny that there are people who have intention to make fast money from the market. This makes them all blindly about the fundamental of project was much more important rather than hype.


Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
I would like to call them as scammer instead of developers. Are you sure calling it as a nice project when it can't even sustain for long term? that's a non sense thing. Remember that so many scammers were being claimed themselves to be developers. There are bunch of shit scam coins these days. A project what you have called it as a nice project probably was a garbage project that being used to grab money from the market.

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November 03, 2021, 11:55:16 PM
 #7

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Because hype is the only reason why most projects become a success. After reaching stardom, eventually, the project will not sustain it and won't do anything to counter the downtrend once it now happened to them. They will end up abandoning the project or if the development continues, just a normal day in the office without an attempt to make it hyped again.

Actually, it's good that sometimes we are joining the fun at those hyped projects as it's profitable but we should understand the risks and know when to get out.

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November 04, 2021, 12:59:36 AM
 #8

Another new Altcoin about to go off, is Santacoin. It is like evergrow, but better. DYOR!
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November 04, 2021, 01:12:46 AM
 #9

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin.

Maybe those who doesn't have experience in the market who is most likely the victim here. Maybe they invested on top that's why when it crash they didn't get any profit.

Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

There are some developers that are greedy too, they doesn't care about their product. As long as they themselves are going to make money out of it. Sad but true.

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November 04, 2021, 02:01:57 AM
 #10

Yeah you are quite right, but there are some good hype coins that make it. Doge and Shiba are the ones that made it...Evergrow is another one. And i can safely say Santacoin - which was just listed in coinmarketcap is going to 30x from here....
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November 04, 2021, 02:33:48 AM
 #11

Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Its not them actually. If the project is good, then you can see its potential as a user then the developer did a good job on that. Market price depends on consumers, sometime those who bought aren't same caliber with normal buyer, or let's just say the only goal is to earn profit which are those we called whales and scalpers. They wait for the price to increase and they will sell their bags without even looking on the project potential. Not all people look into project's capacity or development but price action.

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November 04, 2021, 02:53:36 AM
 #12

most likely the developer is doing it just for personal gain by taking advantage of the current market situation.
for me personally there is no doubt that they make coins just for hype and investors need to be careful before choosing coins especially meme coins.

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November 04, 2021, 05:23:17 AM
 #13

When there is a hype around any sphere many scammers start using it and developing something connected with this sphere and investors remember the hype of the similar project and want to invest. Here is how developers of SQUID used hype of series and scammed many people. But we should be aware of such trendy dangerous things and try our best to investigate everything. The best thing is when you can understand smart-contract and understand if there are any strange functions.

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November 04, 2021, 05:35:11 AM
 #14

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Very simple, its all about $$$ at the end so you can't expect any good project to develop further once they fulfil their dreams. Lolz. We live in the era where peeps are behind the money rather than they are in developing some good stuff. Gone those days when we used to see some excellent projects who really cared about the services and products than the money. They knew very well if they follow the roadmap then investors will come to them and not the other way around.

Today, they invest heavily on social media campaigns, other marketing strategies and later once they are in the profit then they will fly away.

In fact I also see one dangerous result of this. Peeps have started to double cross them by investing carefully, once they made the profits they will pull out all the investment. Due to this reason such projects go down the sink very carefully.
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November 04, 2021, 05:35:42 AM
 #15

Those people who have been victims of hyped projects are too greedy to want more money without searching for the right project, making them lose their money on the wrong project. I agree that we need to be extremely careful with the analysis that we will make because that will determine what project we will select to invest in. The developers want to make money from a one-time project, so after they get money from the investors, they will run away and repeat the process in the next hyped.



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November 04, 2021, 06:16:20 AM
 #16

This is always repeated when BTC is on up trend and continues to reach the newest ATH, there will be many people who take advantage of this situations because crypto more popular by media, and then the scammer creating new coins, and we will always see people who love to play with hype coins. No one can stop this, we have to be smart in choosing coins to buy especially new, if we want to get into coin that hype then we have to be prepared with losses too.

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November 04, 2021, 06:59:06 AM
 #17

I mean I have a very small portion of my portfolio for gambling on these shitmeme coins but I am very careful especially with what happened back in may. But if you put your money in the right projects even through a dump your portfolio will increase. If you look at hex from the crash in may until it's high of almost 50c it did something like a 40x.
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November 04, 2021, 07:04:42 AM
 #18

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
This must be properly watched out, because the current hype project is a very high-risk project. many FUD or FOMO compete with each other to win the hearts of investors in the market. I think the hype should really be analyzed before joining the hype

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November 04, 2021, 07:33:30 AM
 #19

-..Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.

Because of money, because they can, because people keep investing no matter how crappy the project fundamentals are. And people are idiots. They are falling to things like rebasing, that raises a token value but you will have less tokens so that the total value of your tokens doesn't change. I sometimes just want to bang my head to the table when i see how gullible everyone seems to be.
Rebase tokens are just trying to milk money from people bit by bit, they decrease and increase base on other coin market cap value, rebase tokens are no no but people are too stupid to realize this, now that crypto is getting mainstream we keep having millions of fools in crypto space, you can tell by how many millions are invested in meme coins over time
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November 04, 2021, 08:24:28 AM
 #20

We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Control ourself is very important. Because fomo cause us to made decision without any analysis and that happened with a lot of people. Sometimes is hurt to missed a moment in trading especially when we see a coin get pumped a lot and we have resources to buy it. But for me, better missed than sorry. Because if we late, and the coin is already pumped, it have big chance to dumped again and we stuck in high price.

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