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Author Topic: TIPS how to manage from losing when investing new projects.  (Read 271 times)
magneto
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March 25, 2022, 08:56:46 PM
 #41

Generally speaking, people should stop buying new projects.

The best projects are likely not looking to do a public round that early, while those who actually list publicly are probably not investable in any reasonable way.

You are essentially shooting yourself in the foot if you buy into ICO, IEO, or whatever offering they have these days. Virtually none of them are profitable, and the small proportion which become profitable you could have bought at a later date for cheap anyway.
isaac_clarke22
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March 25, 2022, 09:42:19 PM
 #42

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People just find it too hard to do DYOR and that's why they are now overlooking it these days and went just like "fuck it, sell it if it does not push through". I still do it though, but I never bothered invested in one since I am full-time hodling Bitcoin.
Most crucial part of me in DYOR, is looking out for paid reviews which are common now these days, since people can just get out of it easily anyway.
TheUltraElite
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March 30, 2022, 02:02:24 PM
 #43

It's not an easy thing to invest our money in a long project because to wait for it we have to be patient,
If it is a long term altcoin project, it will defenitely fail. Being able to get into those which become groundbreaking is like the chance of getting a jackpot on a casino, because most projects are scams or failures anyway.

Bitcoin would not be that, so for long term bitcoin should be preferred. Altcoins are only going to be big in short term and before anyone can sell and cash out, someone would have dumped.

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but in my opinion it is much better than choosing to speculate into shitcoins which risk may be greater,
Long term or short term in my opinion matter only for bitcoin, not altcoins if you want to trade in a sane manner. You may get more regular returns from day trading a new altcoin that hits the market, but you have to decide how to want to play it. End of the day, trading is not everything in life.

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molsewid
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March 30, 2022, 02:18:58 PM
 #44

People just find it too hard to do DYOR and that's why they are now overlooking it these days and went just like "fuck it, sell it if it does not push through". I still do it though, but I never bothered invested in one since I am full-time hodling Bitcoin.
Most crucial part of me in DYOR, is looking out for paid reviews which are common now these days, since people can just get out of it easily anyway.

Actually the DYOR protocol is not just made for us to follow but also it is a common rule that we need to practice in ourselves especially to newbies when it comes to investing in new projects, sad to say but this one was been neglected especially newbies and that's one of the reason why many are fall into losses in new projects. What OP have had enumerated in this thread are truly important that we need to be mindful of. Always look for the use case of the project and don't be sugar coated by the hype of the project.
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