The way things really are

[ANSEL_2.0]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

[Jackl87]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

I totally agree with that statement. That is also the reason why i don't invest into Bitcoin, Ethereum, Solana, Polkadot, Cosmos and all those other coins in the top 50 or so during a normal market, because the early investors of those projects already made a x100, x1000 or even more with that projects. I don't say that it is wrong to invest into those projects because there is still room to grow even for BTC, but i just don't think we will see another x10 of BTC in the next few years, but of course you still have the chance for a really nice profit in comparison to normal financial products of a bank or something. If we see a really heavy bear market now and we are going to a ETH price of below 1000$ or something then maybe i will think about buying some ETH, but not before.

[Reid]

It's partially true.
There are instances that one popular cryptocurrency could stay that way for a long time. As long as there is nothing better that will compete against it then the throne will stay. Take Ethereum as an example. Has it been a year without something new about it but yet we are looking at a valuable coin up until now. I bought it at $260 June 2020 and never sold it until now. I should've but I just can't. Something tells me this is not over yet because of the upcoming update. It's popularity has taken place years ago but instead of being pulled down, it went even higher.

[Ararbermas]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

hypes is the main reason why people always can get returned when it comes investing even shorterm, so don't be surprised why as well most investors always rely on some popular coins in the market because they're the common projects only that really performing the market especially nowadays compared to some trusted projects and that's based on my observation.. It's all about the opportunity especially shorterm so it's not surprising to be honest why popular coins in the market always crowded and literally making hypes.

[bitkanu]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead,

True. Popularity = pump.
If there was a coin becomes even more popular and that means the price of such coin is increasing straight with its popularity. That means popularity = demand to buy the tokens. This game is being used by the whale to fool the small traders. The whale was pumping it and then market will pay awareness into such coin and that will make small traders and buyers move to pour their money to the whale that already prepared to dump their coins to the market.

I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

yeah but this can be done only by wealthy people as they have unlimited money to did pump and dump while the small traders and poor guy have small money that can't be used to invest in so many things. This is why buying when coin gets traction was a very bad decision that can be taken by anyone.

[Bttzed03]

It doesn't apply to all and it depends on the when you entered the market. I remember BNB was worth $40+ and it's already popular. Did you miss the boat when you bought a popular coin at $40 before pumping 10x? Definitely not.

It's the same case with BTC a year or two ago. It's the number one crypto valued at less than $10K. Did you miss the boat when you bought it under $10K during that time before it pumped to $60K+? Nope.

The same with Eth and many others.

[jrrsparkles]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

But jumping into the halfway is better than drowning till the death right?

If you are investing when something is at its peak then its completely wrong, make investment when the price is not appealing but it has the potential to grow up when everything goes well that's what is happening with Bitcoin and other most popular cryptocurrencies.

[fvb]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

Your shovel may not dig, but only stand in the corner and look like a tool similar to the one that is designed for digging. If it is only for appearance, then you will not go far on it. This is a figurative answer to your thought.

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

I totally agree with that statement. That is also the reason why i don't invest into Bitcoin, Ethereum, Solana, Polkadot, Cosmos and all those other coins in the top 50 or so during a normal market, because the early investors of those projects already made a x100, x1000 or even more with that projects. I don't say that it is wrong to invest into those projects because there is still room to grow even for BTC, but i just don't think we will see another x10 of BTC in the next few years, but of course you still have the chance for a really nice profit in comparison to normal financial products of a bank or something. If we see a really heavy bear market now and we are going to a ETH price of below 1000$ or something then maybe i will think about buying some ETH, but not before.

But here I do not agree with your opinion, that investing in top coins is not rational at this stage. I think that ETH will no longer cost below $1,000. Maybe I will remember you and this post after a while and think that you were right.

[aruldaroy]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

I totally agree with that statement. That is also the reason why i don't invest into Bitcoin, Ethereum, Solana, Polkadot, Cosmos and all those other coins in the top 50 or so during a normal market, because the early investors of those projects already made a x100, x1000 or even more with that projects. I don't say that it is wrong to invest into those projects because there is still room to grow even for BTC, but i just don't think we will see another x10 of BTC in the next few years, but of course you still have the chance for a really nice profit in comparison to normal financial products of a bank or something. If we see a really heavy bear market now and we are going to a ETH price of below 1000$ or something then maybe i will think about buying some ETH, but not before.

But here I do not agree with your opinion, that investing in top coins is not rational at this stage. I think that ETH will no longer cost below $1,000. Maybe I will remember you and this post after a while and think that you were right.

Why can you be sure that ETH is no longer valuable when we know that so far ETH has been a transaction tool, so there is no term that ETH is no longer valuable or dead even though the ,current price of ETH is quite cheap.

[dansus021]

kinda true first of all there is no missing boat there is always chance to get there  all we need is educate ourself so we dont fall on same hole

people with high follower maybe say to buy this coin or that coin like you all said people who said that is already buy before make ann

and yes learn little about trading fibbonaci and other method will help is the coin is oversold or overbought

and keep dyor if you buy new coin

[X-ray]

This is not always true coz when something started to be popular and it doesn't mean you have been missing the train. Let's say that if you were seeing polygon was around $ 0,5 and this has become popular at that time but it can grow up to the around $2,5 or even more. That being said that the chance for the crypto to grow totally non depend on the how popular the crypto is. It's about how big rational marketcap that already reached and so many things also affecting this.
Just because it was growing up and it doesn't mean people are so late to join in the party. I think that you might have called bitcoin as a popular coin when it was growint from 10k to the 40k but once you have even invested on bitcoin when it was around 40k and bitcoin was also growing even more to the 70k. that means your statement was not true at all and it's only happening once the coin reached the peak marketcap.

[QueenVera]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

Not entirely true, cryptocurency is quite popular this days but have you missed the boat, No. You can still make life changing profit investing in small market capitalization coins and become financial free in 2 to 5 years. This industry is one for the different ones out there where there is always an opportunity waiting for you to make money. Bitcoin itself has not left the station, we have an estimated price of $1 million dollars per coin. If that was to come into reality then investing today will feel like investing in 2009 when Bitcoin journey just began.
 
There is a reason we have the altcoins market, you can make profits from this market and acquire as much Bitcoin as you need. Just be cautious about the different trends that pops up. Not many will survive for long, so are just noises that will die down very soon.

[michellee]

Why do you think it looks like slavery? When you decide to invest in crypto, you should first learn what you need to invest and how much money you will use. If something is already popular, you should not try to jump to the boat instead of searching for the other things that can pump after that is the end. It is why we need to research for every chance we have so we do not pick the wrong investment type. Besides that, we are free to decide to invest where we want and not follow the rich people's ways. We all missed the right time to buy at the lowest price but we still have the chance to buy at another low price that can help us make a profit. We need to repeat it to get what we want.

[o48o]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead,

Yes and no, you also need net effect. New projects need to get noticed, by serious developers and investors with small cap projects people are taking a huge risk that they might not have enough interested users and might die before anyone even noticed that they exist.

I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

And now you completely lost me.

[bounceback]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

Hype is not always bad for the market because sometimes hype can give us an advantage if we can do a good analysis and strategy when we want to invest with hype coin, this is a crypto market anything can happen in it and we can't blame investors who do this because they also want to make a profit that way.

[Baofeng]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

Hype is not always bad for the market because sometimes hype can give us an advantage if we can do a good analysis and strategy when we want to invest with hype coin, this is a crypto market anything can happen in it and we can't blame investors who do this because they also want to make a profit that way.

Of course, everything here is a friend if you know how to take advantage of everything. Bear market? buy at the dip, hype? follow it and the dump before the hype died down.

So it's not that bad, and it's all about the timing in the market. Sometimes you just have to listen to your guts as well, when to enter and when to exit. And once you exited, never look back so that you don't have any regrets.

[KaliLinux]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead,

True. Popularity = pump.
If there was a coin becomes even more popular and that means the price of such coin is increasing straight with its popularity. That means popularity = demand to buy the tokens. This game is being used by the whale to fool the small traders. The whale was pumping it and then market will pay awareness into such coin and that will make small traders and buyers move to pour their money to the whale that already prepared to dump their coins to the market.

I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

yeah but this can be done only by wealthy people as they have unlimited money to did pump and dump while the small traders and poor guy have small money that can't be used to invest in so many things. This is why buying when coin gets traction was a very bad decision that can be taken by anyone.

Even when that statement is correct, how many traders/investors actually follow that rule. Now the market has dumped quite a bit and all you still see people post in here is the market will still go down some more and most are not thinking of buying this position right now until they see green market again after they must have missed the bottom then everyone starts to jump in again and that is the same thing with every other coin until they become popular.

[Gorosden]

Hehe this was how shiba ends up turning many people into millionaires, no one saw it coming isn't it? Where real money will pump out from is always someplace we all underestimated, BTC and ETH are the best but their gains won't be as huge as something new, this is why I don't consider any coin as scam as far as I can make money out of them, remember it's always about the money making not how long the project will live for.

[fullhdpixel]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

This your stance is not always true, sometimes it is and sometimes it is not. But, is always good to be part of a project before it goes viral because most cases when it has gone public if you enter into it you end up losing but sometimes you can be luck that even after it has gone public you still make a lot of profits but this are project that are for long term investment.

Moreover, not going with all at once and having multiple choices while investing in altcoins will help you to not missing out biggest oppertunities of altcoin space. Just diversify your choices and also invest regularly but in small amount each time; this way you may get chances to catch coins like ethereum on its early days itself.

[superman184]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

Indeed, the market strategy is controlled by those who own capital. If someone has a lot of money he will automatically be the king of the market in determining prices.
No one is able to pump up the market price unless he is the owner of capital, as well as dumps.
So Hype is easily done on certain coins. We need to be careful of hype, because there will be times when the coin will fall after the owner of the capital targets the hype on the new coin.