Worth investing?

[Pterosaur]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

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[tyz]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.

[shinratensei_]

Does it makes sense to target layer 1 scalable projects with web3 integrated?

It doesn't even make sense when you are buying at the current situation when market is still continue to dump. That does make sense to buy such token but with the current market trend and are you sure to enter in the market? I may feel worry about that. This reminds me with the bad trend that happened before. Once you are entering into the wrong position and you will be loosing a lot.

I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

Web 3.0 is still being too far from the big hype. The first layer blockchain was not good as well even if it has a mission to be integrate with web 3.0

[Upgrade00]

I should point out that integrating a platform cause of the hype around it seems a bit like fishing for investors rather than building a sustainable project. Devs ever so often would change their marketing approach to suit the current trends so as to profit off those trends and that seems a bit dubious, not saying that's what Oasis is particularly doing as I've not followed the project.

Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.

How long are these factors expected to carry a project? Hype an momentum and fleeting qualities as there's always the next hype which comes up, and marketing tends to follow hype and trends.

[FairUser]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

Honestly, every turn in this space has only a few sustaining sustainability. The hype trends accompanied by good news make many people mistakenly believe its potential. In essence, I see what you're saying as both right and wrong, and it can't work in a positive way to please some individuals or crowds. I admit Oasis Network it's good and potential, but do you have the awareness to appreciate it or the patience to stick with it and get the benefits it brings?

[Ketesnuko]

As far as the project is good enough I will invest, utilities isn't the only reason why a project do very well, the secret of every crypto projects lies in the hand of its founders, layer 1 or not how good and determined the teams are is what will take the project to another level.

[Widdop37]

If projects like shiba inu and doge coin can made it this far then it makes sense to invest money on any use cases either old or new, just because layer 1 solution isn't in a hype state as before doesn't mean all layer 1 solution projects will die, believe me some will still do so well in the next bull market.

[RussianEnglishTranslation]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

I think what you are looking for is the internet computer ICP. It's designed to be the new internet and can transform web2 websites into web3 ones when they are hosted on its blockchain.

[Outhue]

Make sure that whatever your plan is about crypto right now you are already thinking about the next bitcoin halving, buy these coins for a cheaper rate and you won't be bothered in the long run, since Oasis Protocol isn't the oy project you are going to hold its all well, add more good alts to your portfolio, the higher the number the more chances of succeeding.

[WalkerIVIV]

It makes sense if you wanna try to invest on the first layer coin as long as you know how deep the level that can be taken to enter into the market. It's always worth investing during the bearish market but once you saw the market is not even stopping from going down and that makes sense to wait until the market will try to recover again. Anything will always worth to buy. that's your decision. your example like oasis was not so popular.

[Lagduf]

depends in the project itself, if it’s fundamentally good then go ahead, I guess even layer 1 project that has lost its fame could still holding on.
although I’d always recommend investing in something that just follows the trend if your sole reason is just for making money because that’s like the easiest way of investment.
going against the current will just bring nothing but harm in this case, if the trend is metaverse and 2nd layer project then just follows the trend because as you may observed the market valuation always increases based on the trend most of the time.

[Bttzed03]

I think there are still a lot of room for growth for some layer 1 projects. Solana is one that really took the market by storm but issues with the network disappointed many investors/users. Cardano is another project that probably hasn't reached its peak yet. Development is quite slow but fundamentals still looks good.

Regarding web3, maybe it's also good to accumulate some of the less popular projects. Web3 will have its time and it could be in the next halving.

[death69]

People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.

There are not many investors willing to learn the core technology of cryptocurrency or any related crypto terms. They know all of the "buzzwords" like Web3, smart contract, Defi, GameFi, Metaverse, etc... However, when we ask them about what exactly those terms mean and how those techs will shape the future, they beat around the bush and talk about how much money they will earn by investing and their dream of Lambo. I'd rather spend my time learning the tech rather than make any serious conversation with them

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

As a trader, I recommend you not to invest any coin at this very moment unless you are willing to both wide and deep DYOR. We are in the middle of the downtrend phase of the 4-years cycle and any attempt to invest can damage your fund. 

[TastyChillySauce00]

Layer 1 coin is always worth investing. This is only for long term but for short term and the worst investment right now but you can try to accumulate more and more tokens to be stored in your wallet for long term. The hype for web 3.0 already gone and you must also see how fantom was dumping so hard from the top to the bottom in a short time. This time investing in the tokens are very risky. Even when you have been mentioning if it was also working with web 3.0

[StarKay]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

Investment decisions sometimes looks easy but in fact they are always difficult because there is no risk free investment. It does make sense to invest in Oasis Network but you should not base your decision solely on it integrating Web 3.

You should know about the team of developers, their experience, lifestyles, and possibly country of residence. I remember Effect.ai some years ago promised to be a huge project but today it couldn't even get up on it's feet.

[maydna]

It makes sense to invest in a layer 1 project but you also have to analyze to be able to choose the right project. Meanwhile, you actually already have bitcoin which can be your best investment compared to other projects because bitcoin has been considered a major investment for people who have been familiar with crypto for a long time.

But because in investing, you need to diversify your investment, you can select the other project as your second investment. But you need to select the project that has the potential to increase.

[kidbounty]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

layer 1 projects are still pretty good at this point. just look at the top altcoins on average filled by layer 1 projects like ethereum, solana, avalanche, bnb, and polkadot. so investing in a layer 1 network project is still worth it, you don't have to worry about whether it is profitable or not. because basically the demand for layer 1 networks is still quite high at this time. meaning it's still a good investment.

[aprilnot]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

If what you're talking about is a new project, I don't think it's feasible now. because layer 1 networks are already dominated by big platforms like ethereum, bnb, or solana. maybe the project thrives, but in the end it will only be an altcoin that gets less attention.

[bittraffic]

Does it makes sense to target layer 1 scalable projects with web3 integrated? I know that layer 1 aren't that good anymore or let me say almost dead hype but what about those that want to integrate web 3.0? For example Oasis Network.

People look at technology in crypto far too often. In principle, this is true, but the technology is often not the reason why projects increase in price. Otherwise, there would have to be completely different projects in the top 20 than are currently there. Many projects with outstanding technology have disappeared into oblivion over the years. Hype, momentum and marketing are much more important factors for the success of a crypto project, just look at Doge or Shiba. What I want to say is, don't worry about the technology if you want to see price increases for your investment.

SHIB I think will turn into a layer1 project as they have plans to migrate to their own chain to set up the metaverse sidechain of SHIB and that means this will also go over that oblivion. But they may have  chance because this is very popular in stock traders, remember this is listed on Robinhood.

Its almost true though that most layer1 project in the past were gone below the rank. But there are still that keeps popping on the news with very minimal updates like the WAVES and NEO. The prices of these two still are worth if you  bought in 2017 so layer1 tokens is not so bad as long as you have bought at the right time.

[asriloni]

Yeah it makes sense even during the bear market and i would like to call this as accumulation time rather than the bearish time. The first layer coin has actual product and this is even more promising compared with another second layer blockchain. Remember the usability of first layer project is even more. The only problem is during the bearish market and it's hard to find the best position to accumulate more and more tokens from the market. Investing this time looks like a big bet.