Godday
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April 25, 2023, 04:32:38 PM |
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Of course it has a psychological reason. When the market is bull a lot of people fall into FOMO and a lot of people get into the cryptocurrency world. And it becomes a gold field for developers to launch new projects and make them as attractive as possible to attract the attention of the popes. Cryptocurrencies that are on the rise have a strong appeal for many people and make many investors go and see the world of cryptocurrencies.
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carlisle1
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April 25, 2023, 04:54:46 PM |
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That has been a major problem to newbie in cryptocurrency industries market, when market start pumping as a sign of Bull run, which not really sure, they will jump in and start buying new coin's that just listen without making a proper research about the coins and end up being dump. While the best time to buy Alt-coins is during the bear market and also coin that has already listed and established in the ecosystem.
A so-called investor always wanted to ride along the pump, but like what you said doing it without proper education in terms of the project that they will invest their money ends up losing their investment. You need to know the value of the project before you engage yourself and put your money into it. With proper knowledge, you can control any kind of emotions that may take place during the market run. Always be furious with new project though not limited to new but also with old that being pump during the bull season.
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Xal0lex
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April 25, 2023, 05:11:33 PM Last edit: April 25, 2023, 06:08:28 PM by Xal0lex |
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Scam projects use the hype in a bull market to promote their scams with people overlooking the common red flags because of the hype. Thing is that investing in the bull market is an overall loss, be it altcoin or bitcoin because the price will go down in the next step and then you will be in a bad situation - the bull market is rather the time to sell and profit and wait for the next bear run.
So going by that ideaology, we should not invest in new coins coming up during the bull market. But most newbies dont understand this and make the mistake of spending money on many such projects.
During the bear market, scams are also very popular. I read on a forum somewhere that over 100,000 scam tokens were discovered last year, the scale is impressive. A hype on new altcoin trends doesn't have to be in a bull market. For example, last year there was a hype on various Move-2-Earn projects caused by the StepN project hype. As a result, scammers took advantage of the popularity of this trend and deployed a lot of different pacifier projects, which did not represent anything of themselves and quickly went bust.
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TheUltraElite
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So anyway, I applied as a merit source :)
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May 01, 2023, 11:23:57 AM |
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That is why I discourage newbies to look for gems but rather focus on investing in known coins for the sake of safety and profit assurance, not losses.
Problem is, there are "new" newbies everyday and they are not all obedient. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) However they will learn from experience and that is something they will never forget. Still there will be some stubborn ones who will repeat this same mistake. ..like how you should do research on the project no matter what the market is looking like. Observing a project for at least a couple of years before buying it seems to be a safer strategy to me. Most shitcoins dump in 6months while others in 1year. Should be enough to run some numbers and keep track to research them before you put "your precious" in it. As a result, scammers took advantage of the popularity of this trend and deployed a lot of different pacifier projects, which did not represent anything of themselves and quickly went bust. They always do that in order to get the first-mover advantage on a unsuspecting newbie. You have to always remain alert in this sector or avoid altcoins altogether and block anyone cold-DMing your social media.
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Xal0lex
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May 01, 2023, 01:08:21 PM |
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As a result, scammers took advantage of the popularity of this trend and deployed a lot of different pacifier projects, which did not represent anything of themselves and quickly went bust. They always do that in order to get the first-mover advantage on a unsuspecting newbie. You have to always remain alert in this sector or avoid altcoins altogether and block anyone cold-DMing your social media. It is not worth avoiding completely, because this sector of cryptocurrencies consists not only of only scam projects. Many people for some reason talk about altcoins, remembering only the negative side, but altcoins, just like coins from real life, have two sides. I would say that you need to apply a stricter filter for the selection of suitable projects. It comes with experience and the more you study the altcoin market, the faster you notice signs that the project is nothing and it will never show anything on the market so you can make good money on it.
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JANUS23
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May 01, 2023, 10:36:06 PM |
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Its a no-brainer to keep your listing sales during bull markets. These are times mentally and financially would-be investors have the mental and financial might to invest
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FahriZah
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May 02, 2023, 04:13:23 AM |
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Absolutely yes because when strt bull market than bring very good and biggest opportunities projects un crypto because so many big project want planning to launching their project and just waiting for bull market comes when comes bull market than they start to launch new good project with lots of opportunities like with 2x 3x 5x and hopefully 10x profit planning.
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BobK71
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May 02, 2023, 06:30:41 AM |
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Hello i just want to ask if i you guys also notice when the bitcoin rise there are also a lot of new projects come out and if bitcoin fall there are only few projects build, is it because some projects developer notice that most of the successful projects are build in bull market and most of the projects build on bear market are failed? Or they don't care about bull and bear market and they build thier project because the time is already been set?
Project developers who build projects with a plan to do well in the market usually do not give much importance to the time. But time is very helpful or cooperative for any project development. Positive environment help the project to rapid success. When the crypto market collapses, new projects entering the market have very little chance of succeeding. Because at that time there is no confidence among investors. Investors in financial crunch are not encouraged to invest in new projects. When the cryptocurrency market is good, along with good projects, many scam projects are released, So relatively the number of new projects are seen at that time.
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Epaper
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May 25, 2023, 02:23:39 PM |
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Indeed, many new projects came out when the bull market started. However, the emergence of a new project when it is bullish is not a guarantee if the project is successful because there is no relation between the success of a project being built with bullish or bearish market conditions.
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Jocuserious
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May 25, 2023, 03:46:04 PM |
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when bitcoin price rising then also rising old altcoins market but not increasing new good project. But many scam project rising when down of btc price. Anyway bull market doesn’t mater for coming new good project because a best project coming everywhere. However bull market really indeed for profits old investors plnals.
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ooooooh.CJ
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May 30, 2023, 01:41:04 PM |
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I think the true game changers are working on a project no matter what Yes you gotta pay attention to the situation on the market but on the other side you may wait forever for the right time I'm into web3, I think Neon link has a potential And even If I see that the market is kinda lazy now I will go for it cuz for me the product matters more than the hype
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bitkanu
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May 30, 2023, 01:48:42 PM |
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Indeed, many new projects came out when the bull market started. However, the emergence of a new project when it is bullish is not a guarantee if the project is successful because there is no relation between the success of a project being built with bullish or bearish market conditions.
there are honestly quite the relation, many projects are being invested heavily in bullish despite their quality meaning the rate of success definitely increases with the trend, so it's more beneficial to make project go public when in bullish.
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killerfrost
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May 30, 2023, 01:55:48 PM |
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This is understandable given the overall market push, having developers build different sectors in the space during a bull market will help them attract the cash flow to grow. better yet, for trends that can be short-term or the failure of many projects, that enthusiasm works well in bull cycles, even things like memecoins need some hype. There may also be hundreds of related products. And of course the opposite, when the market is not positive, few people will want to stick with it in trending projects, or only a few will exaggerate and gossip with each other. Looking at the bull cycle, I also think that some applications of this field in life will grow stronger, specifically what life is going on, they can be studied as well. more associated with blockchain technology.
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dwminer1
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May 30, 2023, 03:38:07 PM |
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It is obvious that a better time to start a project is during the bull run, because then there is simply much more interest in the subject of people and much greater opportunities to raise capital than in the bear market period. However, it must be remembered that this also applies to all types of fraud and scams, so you should always carefully analyze the situation before making the final decision to invest funds.
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KellyHands
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May 30, 2023, 03:50:46 PM |
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During the bull run we tend to see several projects spring up to rip investors off and take advantage of the market tides. Some of these projects were in existence even before the bull run, but came to limelight as a result of the impact of the bull run on prices.
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Epaper
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May 31, 2023, 04:36:34 PM |
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Indeed, many new projects came out when the bull market started. However, the emergence of a new project when it is bullish is not a guarantee if the project is successful because there is no relation between the success of a project being built with bullish or bearish market conditions.
there are honestly quite the relation, many projects are being invested heavily in bullish despite their quality meaning the rate of success definitely increases with the trend, so it's more beneficial to make project go public when in bullish. In fact, many new projects that emerged during the bullish period were not successful because they were not profitable for investors. Those who previously purchased new project coins with ETH, BTC, MATIC, and so on during the pre-sale, the new project development team will send coins or tokens to investors when the market is bearish, not to mention that sometimes their coins are not listed on exchanges with various reason.
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marcous
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May 31, 2023, 04:50:02 PM |
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In fact, many new projects that emerged during the bullish period were not successful because they were not profitable for investors. Those who previously purchased new project coins with ETH, BTC, MATIC, and so on during the pre-sale, the new project development team will send coins or tokens to investors when the market is bearish, not to mention that sometimes their coins are not listed on exchanges with various reason.
They made a mistake to convert top coins to buy new coins because they are greedy to offer high profit, one of the potential new altcoins at the moment is only launchpad coin from binance, those altcoins have high profit potential when trading even though they only give low allocation to all active users holding BNB in an exchange account.
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tygeade
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June 01, 2023, 07:20:20 AM |
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This is understandable given the overall market push, having developers build different sectors in the space during a bull market will help them attract the cash flow to grow. better yet, for trends that can be short-term or the failure of many projects, that enthusiasm works well in bull cycles, even things like memecoins need some hype. There may also be hundreds of related products. And of course the opposite, when the market is not positive, few people will want to stick with it in trending projects, or only a few will exaggerate and gossip with each other. Looking at the bull cycle, I also think that some applications of this field in life will grow stronger, specifically what life is going on, they can be studied as well. more associated with blockchain technology.
I agree that when the bull starts, it is going to be hard to miss, there will be millions of people constantly hyped from waking up to going to bed. There will be opportunities to get rich overnight, there will be people who turn few thousand into few million, everything will be awesome for them. I believe that we shouldn't be really shocked with this result and we should accept the fact that crypto will be amazing when the time comes. Maybe it has been a bit of time since it was like that, but anyone who has been around for longer than 2 years would remember those periods and how it goes up. That will be exactly the same thing yet again and we should be hyped about the potential. Just wait, I don't know how long it will take, but wait, and it will happen again.
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