Be careful with the hype

[Sled]

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.

It is very usual to see how these greedy people fall into a trap like this. Some whales are used to hype the price for they could easily catch those who are riding on it. But if you were a smart investor and just sell at the moment of getting to its peak. Yes, it can be more profitable but too sad to see that most of the newbies underestimate the market volatility and think to earn more while holding these (hyped) coins will give them more. Too unfortunate and instead of earning, they have suffered the consequences that never wanted to happen.

[yhiaali3]

Just wondering why developers create good projects only to fall apart after a short while keeping investors at a loss.
I wish it was without the intention of cheating, if the project failed on its own and the investors lost, the calamity would be much less than that caused by deception and fraud. Unfortunately, these projects do not fail because they stumbled, but because their owners intend to deceive from the ground up. They plan from the beginning to steal people’s money and do not They don't care what happens next.
Therefore, they choose their projects carefully so as to attract the largest possible number of investors, as happened yesterday with the SQUID token. They took advantage of the name of the famous Korean series “The Squid Game” and created a fake game and Shitcoin, and after a large number of people bought Shitcoin(SQUID) , the price collapsed in one moment and the losses were huge! !!

[uelque]

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.

Simple answer, because of Money. And I also I think that they are not real developers. What I mean is that most of scam coin developers barely even know how to code or create smart contracts or develop new blockchain technology. They just make use of all available tools online creating a coin or token.

Also, if you are willing to take the risk investing in a hype coin or token, just always remember that whatever goes up fast, goes down fast as well. So play smart, smarter than the scam developers. Because let's admit it, there's a bigger profit on hype coins, you just have to be smart. 

[pawanjain]

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.

I think you are talking about the recent SQUID token which was a solid rug pull. The developers created this token with statistics such that users could not sell it at the right time.
Most of the people lost all their money buying this token. It feels bad when people lose all their money in such scams.

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

It's obvious, just to make money. They don't care if their token has a utility or not because all they want is to grab some cash.
This is why they say, always DYOR before you invest your money in anything.

[Saisher]

It's obvious, just to make money. They don't care if their token has a utility or not because all they want is to grab some cash.
This is why they say, always DYOR before you invest your money in anything.

The recent rug pull of Squidcoin is another big warning that we should always believe in the hype, always check the project what's bringing to the community and whoa re the people running it and are they capable of doing or following what's on their roadmap, many of these hype coins have anonymous developers and this is a big warning to all of us.

[Jackl87]

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.

Well your thread is not really anything new and this topic has been brought up probably at least 20 times this week but i still think your point is valid and that i also needs to be repeated here in this forum and everywhere else. Don't buy into this meme-coin craze or if you desperately want to do so at least only invest money that you can't afford to lose and that you have already written off. The chances that you are investing into another Shiba Inu are extremely slim to non existant anymore because every day there are so many new sh*t-coin projects coming up that the market is just over saturated of them already.

[molsewid]

Well your thread is not really anything new and this topic has been brought up probably at least 20 times this week but i still think your point is valid and that i also needs to be repeated here in this forum and everywhere else. Don't buy into this meme-coin craze or if you desperately want to do so at least only invest money that you can't afford to lose and that you have already written off. The chances that you are investing into another Shiba Inu are extremely slim to non existant anymore because every day there are so many new sh*t-coin projects coming up that the market is just over saturated of them already.

This might sound redundant thread but this serves as a constant reminder to always search the real use case of every new project that we are going to invest. We keep on reminding to every one in this forum especially the newbie's to always do their own research about the project and always invest only the amount that they could afford to lose, there are many new projects today and some of these are meme coin which is more riskier to invest that's why as an investor it is better to look for a project that really has a good and futuristic usecase.

[Cling18]

I've experienced this before where I listened to Fomos and hype instead of doing my own research about the real purpose of a coin. I thought the project was recured and would follow their whitepaper yet the developers just took their profit and left things out. Sometimes, we only want to earn easy money without seeing the risks through doing proper observation and research which could only result to losses in the end.

[Fesatmas]

As is being discussed and has become quite massive hype lately. We certainly already know that eventually there will be disposal first. Meanwhile, those affected by the hype must be patient and should not complain. The risk of following Fud is uncertainty. Plus the meme coin, of course, and enlivening it with an logo and a name that must have a dog.

[meanwords]

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

It's pretty common that once developers took profit, they'd probably moved on to the next project and create another scam that would make them money again. It's crypto, anything is possible if you know how to use the tools provided.

[ivankoh]

As is being discussed and has become quite massive hype lately. We certainly already know that eventually there will be disposal first. Meanwhile, those affected by the hype must be patient and should not complain. The risk of following Fud is uncertainty. Plus the meme coin, of course, and enlivening it with an logo and a name that must have a dog.

Humm, Shiba runs the risk of being over-hyped about recent meme trends.  Whale wallet woke up and started transferring about $2.3 billion to Shiba.  Outside of the Indian market share, Shiba trading volume is still falling but it has signaled transition states that could create panic with strong dumping.
https://twitter.com/devchart/status/1455692819281158152?s=21
Manipulation could make the slaughterhouse wider for Shiba.

[letyouearn]

Two words that rule this crazy world are: greed and fear. It's no use in trying to analyse people's behaviour with logic and common sense. Emotions, mood, rumours, news and panic actions - that's all.

[ZaraCB]

Seeing the over hype of some new coins, many people, especially newcomers, are investing there without thinking. The dumping of those coins starts as soon as they invest, so they are facing losses. These over hyped new coins should be avoided at all times.  Research on that project must be done before any investment.

[Pelana vreo]

As Developers see huge profits and the level of investor confidence in crypto, new project developers will continue to exist.
Whether it ends up being a scam or not, developers who plan to scam investors will always be around, because they just want to take investors' money.
Given such a situation, big investors should know what they are doing, as coin prices can be manipulated by Developers or anyone who has enough money to buy coins and place them in a liquidity pool.

[matchi2011]

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

It's pretty common that once developers took profit, they'd probably moved on to the next project and create another scam that would make them money again. It's crypto, anything is possible if you know how to use the tools provided.

Yes, there are many so-called developer/scammers who just made a lot of money with this kind of scheme.
Pumping coin and dumping it when investors start to put their money inside the project, they'll just keep
repeating it since there are still people who believes that luck will give them the luxury that they are trying
to attain from this industry.

Better to focus on real use asset, more likely you will earn decently, not a pump and dump but a continuing
progress coming from the team behind.

[coco23]

Seeing the over hype of some new coins, many people, especially newcomers, are investing there without thinking. The dumping of those coins starts as soon as they invest, so they are facing losses. These over hyped new coins should be avoided at all times.  Research on that project must be done before any investment.

You are correct, but most newbies just follow the hype and hope for the quick money. It's like people have to get burned before they actually start to learn a bit. The most valuable tip is always to only invest what one can afford to lose and to not put all eggs into the same basket.

[AhmadM]

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.

It isn't like all of the victims had been careless at the time they invest in new tokens. There are some people around me who tried to gamble its luck by riding the hype in order to get some profits even just a little, basically, those are aware of the risk or the worst scenario later.

Nevertheless, this kind of warning could be very helpful for the people who are couldn't afford to lose while investing in cryptocurrencies.

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

Obviously, to rob community funds under the name of cryptocurrency for their own wealth, those bad developers take advantage of the current situation since it has been much talking about.

[maju69]

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

That's because their goal is to deceive. how not, even now the damn token hype continues with exciting new launches. Unfortunately they are not serious and only play with investors who only follow market trends. The funny thing is that even though many investors have been harmed, there are still many newcomers who know crypto directly as if they will find pearls of 1000x profits. The risk for the junk token lover specialist is to lose everything.

[TheKernel]

I try and stay away from ICOs. Make sure that the team is well developed, they have a supportive community, good marketing strategies in place, and so on.

[adzino]

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.

Come up with "nice project"? Have you seen any of those and read the whitepaper (most of them don't even have a whitepaper probably). They are shit project and people know it. Yet they still invest because they hope they can take the advantage of the pump and get rich over night. But the developers are more cunning and they dump it before anyone can take any profit. Look at those projects. They either are impossible to achieve or are just some random project that has nothing new to offer. Just invest your money in coins that has good reputation and hold them!