A mistake you would surely regret

[Troytech]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

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[tabas]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

[Helena Yu]

it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

It's way better to only own Bitcoin.

[Lucius]

Today, most people want to become rich overnight, and this especially applies to young people who think that cryptocurrencies are some kind of magic money that falls in the form of airdrops and is shared by some rich people who simply have too much money and don't know what to do with it. What seems to me is that people are becoming less and less intelligent, which is not surprising considering that they left "thinking" to computers a long time ago, and with AI apps this is even more pronounced.

If today, on a social network, you would ask a simple question in the following form:

I give you $10 000 to invest in Bitcoin and in 10 years that investment will be worth $100 000 - or you can choose 10 altcoins to invest that money in, but the risk of losing everything is greater than 80%. I wonder if at least 10% would be smart and choose the first option, although it is certain that the majority would decide to gamble, especially since someone gave them money.

[PytagoraZ]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Nobody likes losses, so to avoid this, choose bitcoin because it is the safest coin and history has proven that even though the price of bitcoin can fall freely, it will always touch a new ATH. Maybe bitcoin cannot rise to 100x in the near future but bitcoin is proven to store value to avoid inflation and also has a high level of profitability.

So instead of being confused about which coin to choose, choose bitcoin. It's easy and doesn't require much thought

[Text]

In my opinion, this is the very first mistake: never invest in a project solely based on someone else's recommendation. Take the time to understand the project, its team, goals, and potential risks. Just because a lot of people are investing in a particular project doesn’t necessarily mean it’s a good investment. Crowd behavior can often lead to inflated prices and eventual crashes.

Mistakes also arise from greed. Seeking outrageous profits like 100x can often lead to significant losses, especially if you’re investing in projects you don’t fully understand. It's easy to get caught up in the excitement and FOMO, especially when everyone seems to be shouting about new projects and massive returns. Quality over quantity is the key when it comes to building a solid portfolio.

[Dailyscript]

Truly, the green has triggered so many investors to start thinking of the nearest altcoin to buy that will give them 100x and above. Many would be lucky, and many would fall victim again. One way or the other, we would hear news about regrets. Either an investor delayed investing in a coin and it went up, while others would be regretting that they took little profit because of the small rise when they would have waited for a long time to take a good profit. These are common regrets of investors.

I also think that the hype of cryptocurrency will lead so many people to take bad actions. Especially beginners in cryptocurrency. Unlike other years, we saw lots of influencers, news, and hype in cryptocurrency. This changed the minds of people who had not believed before to believe in it. Most of them believed or were convinced that if they invested, they would become rich in no time. This mindset is what may hinder them from success since they decide to take a bold step and invest.

[Issa56]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about

Investing in new projects is just too risky, most of the new projects entering the market are just fake coins, most of them are created by scammers just to defraud people. It’s better to invest in bitcoin, and if you prefer altcoin investments, then you can decide to invest in altcoins that have been in crypto space for some period of time, but not new projects. If you are investing in new altcoins, then you are just gambling with your money, and their is high chances that you are going to lose the money.

many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

And do you have to trust influencers? No most of them are doing it for their own selfish interests, most of them are being paid for advertisement, and they don’t care to make research about the legitimacy of the project they are advertising for, all they want is just to be paid. Also some of the so called influencers are also scammers, some of them knows the developer of the coin, the just decided to collaborate, and if they end up scamming people, they will end up claiming the are innocent.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Don’t be too confident about a project, always diversify your money, if you invest all your money in a particular project, if anything goes wrong, then all your money is gone, but if you diversify your investment, if anything happens to one, you won’t be losing all your money completely, their will be other coins which you will rely on. But I will say avoid shit coins.

[Tmoonz]

Every individual has its own level of risk tolerance, can you handle it when things goes side ways, are you investing with your personal conviction or it is because that is what everyone seems to be doing or talking about, is best you determine your personal risk assessment and stick to what  is best for you, let it not be had I know at last. Do your thorough research before you end up with a scamme project by not being carried away by market trends of influcers.DYOR should be your watch word.

[jrrsparkles]

I am not too sure that anyone who already have bitter experience for investing in the wrong projects will dare to invest again in this bull run on the upcoming projects unless some of the project compensated the loss they have made in the following cycle. It's acceptable to take risk with very small amount from your total portfolio like 10% but who just go 100% on the complete new coins are expecting to win a lottery.

[hd49728]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Bitcoin maximalists will say you should have only Bitcoin in your portfolio.

If you want to limit your portfolio to 5 cryptocurrencies, what are other four together with Bitcoin, a default one?

You must know top coins can die too. Many top coins died in past years and in latest bear market, we have Terra LUNA and FTT tokens. If you pick 4 other cryptocurrencies because they are top cryptocurrencies, you can be rekted too.

[Abu-Naim]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Time like this is a time where everybody claim to be experts in cryptocurrency because they are seeing green everywhere.
Everyone will be given hints in crypto projects they tends to believe in, and due to the bull run, the market is favorable to them to some extent before the scam projects they believed in start failing them, when it start happening like that, they all start to be lame crypto as scam.
An intensive research is needed before investing in any crypto project apart from bitcoin in my opinion. There are altcoins that can still give 10-50x during this bull run, but you need to do more research before getting to know about them, learn and ask questions and invest, and also, avoid FOMO.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

This is an important advice, investing what you can afford to lose a good advice, but I will not advice newbies to stake their coin this time because they might need it when it will not be available for them to un stake them.

[Troytech]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Bitcoin maximalists will say you should have only Bitcoin in your portfolio.

If you want to limit your portfolio to 5 cryptocurrencies, what are other four together with Bitcoin, a default one?

You must know top coins can die too. Many top coins died in past years and in latest bear market, we have Terra LUNA and FTT tokens. If you pick 4 other cryptocurrencies because they are top cryptocurrencies, you can be rekted too.

The point is all about beign safe, at least having to pin down your choices to only five would give you a better chance at making better decisions than wanting to invest in all the projects or so many coins/projects that comes your way and this is for those that love investing in too many projects.

Last time I made a post about investing in only bitcoin, many users on the forum did not quite agree with me cause they maybe like altcoins, and although i don't invest in altcoin I can't write them all off, they are some good projects too and some that actually help the entire crypto space like Ethereum, so many development came from ETH.

I can't decide the best 5 coins to invest in, I won't take blame if anyone loses money due to such advice, or if investing in 5 as a minimum is best, the point is just to try to minimise the amount of alts you diversify into cause there there so many scam projects and most newbies can't well differentiate the bad from good ones neither can anyone do it perfectly, but if you accept this reality and set a limit on how many you would give attention to then you have a better chance at making good decisions.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

If you want to limit your portfolio to 5 cryptocurrencies, what are other four together with Bitcoin, a default one?

You must know top coins can die too. Many top coins died in past years and in latest bear market, we have Terra LUNA and FTT tokens. If you pick 4 other cryptocurrencies because they are top cryptocurrencies, you can be rekted too.

I wasn't referring to top coins, but at least it's fact that they have more tendencies to last longer than other projects that Bearley have any utility, most top coins that dies happened as a result of scam or maybe fraud from insiders, you know that TERRA LUNA didn't just die because of the bear season, it has survived many bear season before that one, from what I read online it was as a result of scam from the ceo of the project.

I think it's better to work with a big project that is trusted than a new project that you have very little idea about, anything can happen when investing and we are well aware of the risk so I think a better risk management would be to work with well known projects than new ones unless you have the skill to identify the good projects.

Now a question to you

What would you advice that is better, old projects that have lasted a while or new projects, and bases on risk which should be a better option?

[Troytech]

Today, most people want to become rich overnight, and this especially applies to young people who think that cryptocurrencies are some kind of magic money that falls in the form of airdrops and is shared by some rich people who simply have too much money and don't know what to do with it. What seems to me is that people are becoming less and less intelligent, which is not surprising considering that they left "thinking" to computers a long time ago, and with AI apps this is even more pronounced.

If today, on a social network, you would ask a simple question in the following form:

I give you $10 000 to invest in Bitcoin and in 10 years that investment will be worth $100 000 - or you can choose 10 altcoins to invest that money in, but the risk of losing everything is greater than 80%. I wonder if at least 10% would be smart and choose the first option, although it is certain that the majority would decide to gamble, especially since someone gave them money.

Its always going to be a better option to invest in only bitcoin, finding good projects in the altcoin market is very hard and you would find so many with no utility and still claiming to have a better innovation than bitcoin, so many scammers are flooded there.

Investing in bitcoin is a far safer and more guaranteed option to give returns than even 10 altcoins put together, the only problem is that people hate the idea of having to hold for long and would rather settle for the quick money mindset and end up losing all their money to scam projects that promise huge returns.

[yazher]

We must avoid any project that is too hyped and has offered their investors too much ROI because it's too good to be true which won't gonna happen just like what we have seen in the other case scenario in another project before. To prevent ourselves from investing in such project, we need to stick with bitcoins or any other trusted project based on our personal research, not because of the influencers but because those are also investors and they will gonna pull their investment once they fooled enough people investing on their short-term project which they hyped too much these days.

[aylabadia05]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

The first coin, Bitcoin. Second to fifth is up to you, you can enter coins like Ethereum and four other coins that will potentially not make you lose money.
Fast investments that offer high percentage prices for each project you invest in are not a guarantee.

I dare say investing in Bitcoin is safe if you are willing to be patient for a certain time.
Today's price increase of almost $73k was once only half of today's price.
Apart from being safe, Bitcoin is not a fraudulent coin.

[tvplus006]

...I give you $10 000 to invest in Bitcoin and in 10 years that investment will be worth $100 000 - or you can choose 10 altcoins to invest that money in, but the risk of losing everything is greater than 80%. I wonder if at least 10% would be smart and choose the first option, although it is certain that the majority would decide to gamble, especially since someone gave them money.

A beginner comes to the market to get a quick profit, so the first option, which requires waiting for a profit for 10 years, will be immediately rejected. The first option will be chosen by those who have previously lost their money investing in crappy coins and who have learned a good lesson in practice where to invest their money.

[Dunamisx]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about

In such a period like this, we are not only avoiding the shitcoins investments alone, we need to be more careful on how we let the fear of loosing out grip at us, the market is getting more highly volatile and we need the patience required to make in waiting for the market to pump back whenever it dups and not that we sell and release from what we are holding and after that, the market rises again and we missed out, don't trade if you don't have the confidence of making trade and the required knowledge.

[moneystery]

every time there is a bull run, scammers will definitely emerge massively and come up with crypto projects with high returns if someone invests in them. even though there are many crypto enthusiasts who provide warnings and knowledge about the correct investment in crypto, there are still many people who fall into this trap and lose a lot of their money, just because they want to get short-term high returns from what they say are "revolutionary and innovative" projects. ".

and because this is important for a crypto investor to be able to know more deeply about the project they want to invest in. if investors understand crypto investments and the projects they want to invest more deeply in, then their chances of being scammed will be quite small.

[Crypt0Gore]

OP, seeing is believing, how many people have you seen that told you that they lost a lot of money to scam projects? I've never been scammed in this bull market, and I have invested 40% of my money in altcoins and 60% in Bitcoin, so far I have already made life-changing money and it's not even alt season yet.

Bitcoin is the safest and this doesn't mean that there are not good altcoins that can bring life-changing gains for you, I can name a few altcoins that have made my alt portfolio look very fat, better than Bitcoin in terms of ROI, like Gswift, Nakamoto games, Portal coin, Kaspa, Delysium and so on, you have no idea what you are saying, there are indeed many scam altcoins but there are also many that have the potential to bring you huge gains.

You will only lose if you fail to take profits, but as for beginners I recommend buying and holding Bitcoin only because to be a successful altcoin investor you need to know how to identify good altcoins, many lives have been changed already through IDO since the beginning of this year, it takes extra effort to be able to identity promising alt projects is all, that's why it's not recommendable for beginners.

[Troytech]

OP, seeing is believing, how many people have you seen that told you that they lost a lot of money to scam projects? I've never been scammed in this bull market, and I have invested 40% of my money in altcoins and 60% in Bitcoin, so far I have already made life-changing money and it's not even alt season yet.

Bitcoin is the safest and this doesn't mean that there are not good altcoins that can bring life-changing gains for you, I can name a few altcoins that have made my alt portfolio look very fat, better than Bitcoin in terms of ROI, like Gswift, Nakamoto games, Portal coin, Kaspa, Delysium and so on, you have no idea what you are saying, there are indeed many scam altcoins but there are also many that have the potential to bring you huge gains.

I never said all altcoins are bad, and it just as tho you read the first line of the topic and decided to say what you felt like, you woudl be a big lier to claim that noone has ever been scammed before through one altcoin project or the other or haven't you been on X or Reddit platforms.

If you really read through the topic you would clearly see I adviced newbies to invest in only few altcoins rather than investing I every project that comes their way, and moreover it would reduce their chance of falling for scam since they have limited slot and would want to do more research to fill them in. Not all newbies can identify good altcoin project and even many if us that have been here long enough would still have issues finding those with good potential cause some projects with all the hype and visible attributes would end up not doing well even if they had no intention to scam anyone and an other looking shady with no real life utility or usage like a meme coin would just do much better, since uncertainty is a constant its better to have limited slots to invest in that to invest aggressively in all or every project that comes your way.

[Hyphen(-)]

Crypto is now for everyone since the market is bullish, everyone will become a crypto investor because almost all coins are going up as bitcoin price is moving up. The prediction of Bitcoin price to hit $100k might happen since it is already surpass its All Time High before halving.

FOMO is happening everywhere now, no one will want to miss out that’s why some are investing in the wrong project.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Always remember to invest the amount of money you can afford to lose. Don’t take loan to invest in crypto because of the nature of the market, do not rely on any coin to do 10x and borrow money to invest in the coin.

[Dunamisx]

Newbies are mostly found in this category, on how they easily got enticed by what they sees, they never knew that there could be deception in cryptocurrencies, the marketers and influencers are also doing their own job to propagate the traffic needed and announce the project to the world, we are the ones that should be able to decern from what to go for and not to accept from all we are seeing on the internet.

[Finestream]

Newbies are mostly found in this category, on how they easily got enticed by what they sees, they never knew that there could be deception in cryptocurrencies, the marketers and influencers are also doing their own job to propagate the traffic needed and announce the project to the world, we are the ones that should be able to decern from what to go for and not to accept from all we are seeing on the internet.

Newbies can be easily deceived and eventually get scammed in this bullish season where everyone get crazy investing and while scammers are also doing their thing. That is why one should not jump into investing just because majority are investing. It’s still better to study the market first and make extensive research on the coins you are planning to invest.

Long term preparation is still a must. And once you are confident enough to invest and take the risk, then invest on your own risk. But always chose to invest for long term. Bitcoin itself is not inclined to give us quick and immediate profits, but it’s always a long term investment where patience and faith are highly tested first.

[Troytech]

Crypto is now for everyone since the market is bullish, everyone will become a crypto investor because almost all coins are going up as bitcoin price is moving up. The prediction of Bitcoin price to hit $100k might happen since it is already surpass its All Time High before halving.

FOMO is happening everywhere now, no one will want to miss out that’s why some are investing in the wrong project.

Many people are attracted to the bull thinking its the best time to approach the market, it's mostly green and price are on the rise, and that is a wrong mentality cause its more difficult now to differentiate good projects from bad in the alt market. Many scam project are using this opportunity to dexive newbies with promises of huge returns.

Newbies are mostly found in this category, on how they easily got enticed by what they sees, they never knew that there could be deception in cryptocurrencies, the marketers and influencers are also doing their own job to propagate the traffic needed and announce the project to the world, we are the ones that should be able to decern from what to go for and not to accept from all we are seeing on the internet.

As a newbie this are basic lessons that must be learnt, on how to avoid scam and security based lessons.

Newbies are so moved by gains that they feel crypto is the way to get such outrageous profits from little investment and this is the mentality that is getting them scammed.

Like I said it's better to invest in only 5 projects than aggressive investment in too many projects or if possible invest only in bitcoin cause its has lesser risk of crashing and would give returns if you hold for long.

[Maslate]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

Newbies have seen more believing and relying on crypto influencers for their decision making that’s why its not surprising anymore to see them hyping in the market, trying to turn out impossible things into reality like seeking for 100x-1000x profits in such crypto coins, but still end up losing all their funds because they rush into investing without prior research at first. Although I have no big issues with this type of newbies but if they won’t learn from their mistakes, they’ll possibly end up losing consistently because of greed and wrong information gathered.

[Churchillvv]

Most people have refused to do things for themselves, instead of thinking or practicing what they know or the good knowledge that will give profit in a long term. they would rather to to YouTube to listen to some influencers who lacks good Bitcoin knowledge (crypto at large) but will advise on some shitcoins to invest in. and most will flood this bad advise, investing what they can't afford to lose and when they get disappointed they tend to act as if Bitcoin was the cause of their failure.

It good advise to stick with Bitcoin than gamble with what you don't know, even if it's likely to give you a profit that Bitcoin would give you in 10 years, within a year. its better to be guaranteed than wager around with some shitcoins.

[Patrol69]

In the current state of the market, no investor should be at a loss if that investor is spot trading. In the case of futures trading, the matter is different because in the case of futures trading there are two types of processes, long and short. If someone takes shot trading in this market, he is sure to lose, otherwise if he takes long, he has made a lot of profit. Those who couldn't invest in this market even if they had the money will definitely regret it and they are regretting it but it's different for those who don't have the money to invest. It's been a long time since we've seen a market like this so we'll definitely regret missing out on such an opportunity. But the time is not over yet, investors can still invest if they want because there is a possibility of more positive changes in the market ahead.

[albon]

Well said, OP. You've offered many good advice. Many beginners make the mistake of placing too much trust in influencers who follow their recommendations blindly and invest impulsively and ill-considered in new projects, shitcoins, and rug-pulls currencies, which could be dishonest schemes promoted by these influencers and YouTubers, and deceive these new investors by tempting them with massive profits that they can achieve in the near future or within days after following their recommendations and instructions. In the end, these investors end up losing their entire capital. Frankly, I do not find any excuse for investors, whether a beginner or an expert, for not doing sufficient research. It's not that difficult; it just requires some time to gather enough information about a project and verify it instead of someone making hasty and reckless investment decisions that ultimately lead to regret. Instead of new projects, many established and prominent currencies can be invested, and anyone can make good profits from them, and on top of these currencies is Bitcoin. Still, they need to be patient and get rid of their greed because whoever is looking to achieve 50X to 100X without any experience, research, or rational investment decisions and without managing his capital will likely achieve nothing but significant losses.

[crwth]

Once you see projects that have promises to have a return, that’s already a red flag. You should be careful with investing with projects like that. I believe you should invest in something that you have thoroughly researched and see that it has potential.

If you want to have a sure shot, just buy bitcoin.

[Barikui1]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

If you experienced the last bull and fell into the hands of one of this shit coin that frustrate you, and you eventually lost your money, you don't need any advice from anyone for you to stay of any coin that is not Bitcoin, but if you still go an invest in shit or alt again after your experience, it shows that you haven't learnt anything from the past.

And for those people that are new in the crypto industry, if you have a clear insight on how things goes around here, I would suggest that if you are too stubborn, that you want to invest in anything other than Bitcoin, because to me, it's the real deal, then invest in coin like enthereum, and bnb that have already proven their self that they are not a scam project, but if you are totally new here, then I suggest you invest in Bitcoin only, to be at the safer side, but as for me, am investing only on Bitcoin because it's the real deal.

[Z390]

Let's assume that every newbies have some money they are willing to risk, how the hell can they keep up with investing in every single projects that they come across? Every friends that are also crypto investors have already run out of money, and they have few numbers of altcoins, it's rare to see a newbie that have a lot of money and be so desperate to invest in everything they see, I feel this is too overexagerrated.

Anyways, thanks for the advice, those who will listen and make amendment will do it and those who will ignore will still ignore, mistakes are some peoples true masters, they don't change until they make some mistakes and learn their lessons.
Invest in 10 altcoins and you are already out of money, I know someone who invested in 25 altcoins in 2020 and he did very well, he invested $100 in each of the coins and over half of the coins did very well in 2021, I think it will be more easier to manage less altcoins instead of high numbers of them and also it expose one to more risks, because some of them can just rugpull on you at anytime.

[LogitechMouse]

~
many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

TBH, I've been watching many crypto influencers these past few months to make an experiment.

I've watched I think 5 YouTube Crypto Influencers and observed the videos and the coins that they're promoting on their project. Well, some of them are kind of shilling those top coins while some of them are kind of promoting a new project for them to be paid, and at the same time, can get some profits either through referrals or through selling the coin (if they will have some). Like what OP said, don't focus on what these influencers are saying in their video because anybody can make their video if they want to. You can watch them but don't get attracted by their explanation of that new project instead, do your research, and it would be better if you will just focus on the top coins if possible.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

I've heard this many times, but still, some people want to go all in hoping that they can maximize their profit when they invest in a coin. If you can't apply this "Invest what you can afford to lose" in your investing journey, I guess just buy Bitcoin.

[AVE5]

Desperacy and greed is the keen luring those Investors who investors of projects that they only cares about the speculations without undergoing researches to enquire and ensures it's a that's worth Investing on without having to regret it at last.
Op you've said it all that's better to be grateful and contented with your reliable holdings than taking the measures of enlarging your holdings and then you falls victims of the shitcoins with the funds of not being affordable to be lost but if you must take such risky then you should be aware that anything can happen so you could trade with the amount of fund possible to let go in case the journey didn't go as thought.

[Troytech]

Once you see projects that have promises to have a return, that’s already a red flag. You should be careful with investing with projects like that. I believe you should invest in something that you have thoroughly researched and see that it has potential.

If you want to have a sure shot, just buy bitcoin.

The issue with normal or average investors is that they don't want to go through the stress of doing research to get quality information about a project they would like to invest in or doesn't even know what to look out for when doing those research so they end up relying on crypto influencers who knows all the sweet things to say to spice thigns up and they woudl be in his words and invest in such and the others set of investors fall into the category of not wanting to accept responsibility the of making their own decision and would still rather follow the crowd.

[Outhue]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they would still invest in shit coins so stake what you can afford to lose.

Who would be crazy enough to invest in 100 shit coins? Even if they are nonshit coins isn't 100 way too much? This day that new project will abandon their old smart contract for a new one all of a sudden, and to be informed you need to stay active in their telegram group or their Twitter account, imagine having to keep updated with 100s of all altcoins, that's so unreal.

Apart from the numbers you called, where will be money come from? Because I do know that the minimal amount that people like investing in crypto is a hundred dollars, so assuming one now starts investing 100 in each project that's a total of $10,000 lol, beginners can't risk this high amount unless they are crazy.

I have invested over 10k since the beginning of 2022 and I am over 40k right now in value but that's because it's been a long since I got into crypto, I know where to put my money for easy gains and also to spot the right altcoins, I don't think any newbie will have 100s of altcoins in their portfolio, that's total madness.

[Mpamaegbu]

pnary
I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

That's the nature of humans. We tend to believe that every bad experience should've a compensatory reward when revisited. Again, some will reason that they could be very fast to get in and out of the scheme. Incidentally, most of them get caught in the web.

~

It's way better to only own Bitcoin.

Well, on a long run; yes Bitcoin will be better. However, on a short term investment altcoins will out perform Bitcoin in terms of ROI. Those who know how to plot TA and carry out onchain analysis will be better equipped trading alts and benefitting maximally from it than buying Bitcoin and letting it lie idle in a wallet and then claim they're hodling it.

Once you see projects that have promises to have a return, that’s already a red flag.

I also do think so too, especially if a certain percentage or amount is mentioned as a specific reward. Businesses don't work that way with that level of assurance and certitude of profit making. It's the market that can decide  it.

[Dzwaafu11]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

During the bull market, many investors get confused and don't know exactly what to do in a way that will favor them in the market. However, during the bull market, scammers are very active and come up with fake projects to scam people, and at this moment, many investors think all the coins are getting pumping because they see that bitcoin has already reached ATH, which is not through. Also, at this moment, many influencers are also active in promoting scam projects because they paid for them, so we should know that those influencers did not also invest in the projects they were promoting, but rather find another legit coin to invest in.

Furthermore, greed also contributes to investor failure, including a lack of proper research and investigation before investing, which are the key things we should do before investing. So it will be good for us if we do proper research before putting our money into any project, especially during the bull market. We should keep greed aside so we can achieve something during the bull market. However, waiting for outrageous profit is not a problem as long as there is hope of the coin reaching such a target since everyone invests to take profit from their investment.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Investing in shitcoins is never a good idea. Getting legit coins is what we should all do. Shitcoins may even disappear after we have invested in them.   

[Crypt0Gore]

OP, seeing is believing, how many people have you seen that told you that they lost a lot of money to scam projects? I've never been scammed in this bull market, and I have invested 40% of my money in altcoins and 60% in Bitcoin, so far I have already made life-changing money and it's not even alt season yet.

Bitcoin is the safest and this doesn't mean that there are not good altcoins that can bring life-changing gains for you, I can name a few altcoins that have made my alt portfolio look very fat, better than Bitcoin in terms of ROI, like Gswift, Nakamoto games, Portal coin, Kaspa, Delysium and so on, you have no idea what you are saying, there are indeed many scam altcoins but there are also many that have the potential to bring you huge gains.

I never said all altcoins are bad, and it just as tho you read the first line of the topic and decided to say what you felt like, you woudl be a big lier to claim that noone has ever been scammed before through one altcoin project or the other or haven't you been on X or Reddit platforms.

If you really read through the topic you would clearly see I adviced newbies to invest in only few altcoins rather than investing I every project that comes their way, and moreover it would reduce their chance of falling for scam since they have limited slot and would want to do more research to fill them in. Not all newbies can identify good altcoin project and even many if us that have been here long enough would still have issues finding those with good potential cause some projects with all the hype and visible attributes would end up not doing well even if they had no intention to scam anyone and an other looking shady with no real life utility or usage like a meme coin would just do much better, since uncertainty is a constant its better to have limited slots to invest in that to invest aggressively in all or every project that comes your way.

It's a free speech forum, we can all say what we feel like, I am not a beginner and I will still stand on my point that I've never been scammed in this bull market investing in altcoins, few people on this forum are even asking me for altcoin names that I feel would do very well, I am not trying to show off, I have only learn from my past lessons.

What you missed is that I was once a newbie too, I made many mistakes, lost money to scam projects and other, but I learn from it, this was back in 2017 and that's that, but today I don't fall into the hands of scam altcoins again, I think it's better if you can ask how instead of trying to prove me wrong when I am right.

There is actually a way and not many people reason the whole thing the way I did and that's why I always have better result when picking my altcoins, if you hear the solution you won't doubt it instantly, there is actually two ways that you can escape from scam altcoins, but at the end of the day, your entry point and selling point is all that matters.

[Zigabel]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Investment that promises rapid returns over a short period of time using the bull run as an advantage is most times fraudulent, because an actual investment that's true do needs sometimes to grow and mature enough for harvest although there are some genuine investment too that literally goes up rapidly sometimes and the investor could be lucky to make some profit from it but then if you are trying to invest you have to be careful not to fall victim of fraudulent investors who are actually scammers. We are always advised to invest in things we know we'll enough by ourselves.

Most coins following the Bull run will definitely appreciate and investing in them by just buying and hodling will turn out more profitable than trying to invest with all these influencers online who could be influencing fraudulent projects which at the end of the day you loose rather than been profitable, I advise that you visit an exchange, look for coins that has got potentials, buy them and HODL while keeping your password safe so as to not Grant an unauthorized access to your portfolio and after a while you could sell off and make profit, a very simple yet effective and profitable way of investing in cryptocurrency.

[Sim_card]

A beginner should not think of investing into 5 different cryptocurrency because he is new and have little knowledge on the market. He needs to focus on only the king of all cryptocurrency which is bitcoin, so that he does not buy the wrong c pin that will lead him to great loss, that will make him regret of investing. Bitcoin should be the only cryptocurrency that can give you profit currently which out making any research or having broad knowledge in the crypto market. It is as easy as buy from an exchange and transfer to your noncustodial wallet, and hodli, instead of buying garbage that you can wake up one morning and see the value at zero.

[KingsDen]

The cryptocurrency industry is seasonal and there are many things that accompanies each season. For instance during the bear market season, it is FUD that characterizes the season which makes is very difficult for people to invest in a particular project when the price is very low. But didn't the bull season another attribute of the market that comes to play is FOMO. At this time people will jump into new and old projects that are already climbing to the green side of the market and before they could join the market could refers back to the red lane, you will see many complaints. It is not uncommon that many projects enter the market during the bull run. This is the fake and scam projects blossom. They actually cannot stand the taste of the bear market.

[tabas]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

Newbies have seen more believing and relying on crypto influencers for their decision making that’s why its not surprising anymore to see them hyping in the market, trying to turn out impossible things into reality like seeking for 100x-1000x profits in such crypto coins, but still end up losing all their funds because they rush into investing without prior research at first. Although I have no big issues with this type of newbies but if they won’t learn from their mistakes, they’ll possibly end up losing consistently because of greed and wrong information gathered.

Crazy influencers as they seem to be relevant only this season but when the market is in bear, they're gone and no longer relevant and giving tips. When a newbie starts to rely on these hypes and crypto influencers that are telling them they'd make xx money investing on a shilled project, that's already where they're going to see how their money will be gone easily. Some may profit but most of them are just quick money and if they wouldn't man and wise up with how they make from those shilled projects. They'd repeat the process and the second or third time around, they'll be the ones that are going to be eaten by this whole market losing them money and will make them realize that they'd been doing it wrongly.

[Exotic5]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Investment is risky. It's advisable to have a proper risk:reward plan and follow before selecting the coins/assets to research and invest in. Else, you'll be going round the circles by making such mistakes and losing to shit coins.

[coolcoinz]

One of the biggest lies people who invest in crypto are told is that they should build a portfolio of projects and not put all their eggs in one basket.

In reality by investing in bitcoin you invest in the only project that really matters. All those other shitcoins will not exist without bitcoin. Also, bitcoin crashes make the rest crash, so by investing in altcoins you only increase your risk by a certain factor. It's like playing a roulette where you used to bet on colors, but now you also add a number. Maybe it hits and you'll be rich, but maybe it won't. The problem is that a number has a much higher chance of not winning than a color.

Just buy bitcoin, bet on a fighter you know is good, not on someone you've never seen fight, who claims that he's good but is yet to prove it.

[The Cryptovator]

To me, it doesn't look good to find such quick-rich methods. Often, we want to invest in brand new projects to gain high profits, which means looking for quick-rich methods. At the end of the day, we were deceived by a brand new project. Most projects come from project farmers; hence, they scam us. It's very hard to find a potential project like Arbitrum. So I think it is better to avoid such brand new projects and focus on existing ones. After listing a project on a reputable exchange, it would be good to invest. Otherwise, it would be a waste of money. 

[Rengga Jati]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

As long as influencers work for money, and not for education, they won't care about what's behind it all. Of course, they will think more about what they get. Therefore, don't easily believe influencers so much, they work for money.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

In this case, before investing, we also have to really understand what we are going to invest in, through some good and wise research it will also be very helpful. With this understanding, we can start by managing all our risks and finances wisely. So we won't easily get FOMO, panic situations, or feel greedy about something.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they would still invest in shit coins so stake what you can afford to lose.

It's a basic and we must understand it. Everybody also has their own standard of what amount to invest. SO, look at yourself, our own ability to afford the lose, not looking and following other people.

[odunybiz]

The green we are seeing everywhere may bring confusion to ones plan on which coin to invest especially for newbies. One just need to be himself/herself keep to his/her investment plans and try to make good research before investing in any coin. There are always countless of opportunities in this space so if you miss one, that doesn't make you a loser. The next opportunity may be yours. Working with this will help you to overcome being FOMO.

[Makus]

If you go to the altcoin board right now, you'll see some threads in form of questions like, have altcoin bull started, and most of this thread are created by newbies who heard how some altcoins has given some investors a x100 profit without them knowing the basics of how a this things happen or coin that this things happen to. Its always good to conduct strick research on coin we aim to invest in before making any move for  investment and not the other way around.

[Albarq]

in the first case the infestation must understand the project we are digging
It doesn't necessarily mean jumping in must be carefully examined to make it clearer

its potential and no one wants to lose
and always looking for profit
with cryptocurrency they are sure they will change their fate for good

without taking bold steps, everyone has different levels.

[Adams0001]

A beginner should not think of investing into 5 different cryptocurrency because he is new and have little knowledge on the market. He needs to focus on only the king of all cryptocurrency which is bitcoin, so that he does not buy the wrong c pin that will lead him to great loss, that will make him regret of investing. Bitcoin should be the only cryptocurrency that can give you profit currently which out making any research or having broad knowledge in the crypto market. It is as easy as buy from an exchange and transfer to your noncustodial wallet, and hodli, instead of buying garbage that you can wake up one morning and see the value at zero.

You are correct, that is what I used to say when I introduce someone to crypto investment, the only coin I recommend they should buy is bitcoin because it is the only coin that can reduce their risk, and if they are patient, they will most likely profit from it. Even if someone is interested in investing in other coins, bitcoin should be higher than the rest so that even if they lose on another coin, they will not feel it as much because they invested more in bitcoin. Anyone is just waiting for the bull run to come, which can alter many people's lives when the bull run goes well and you are profitable. People who have experienced bull runs before know how to be lucrative this time around. It is up to you to hunt for money and invest in bitcoin before the bull run begins, You should not be saying that I should have invested and profited. I can't wait to see the bullrun because I haven't been aware of it, and all my mentors have told me to keep investing in Bitcoin and thank them later, that is why whenever I get money I use the shares and invest in Bitcoin.

[Mate2237]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Nobody likes losses, so to avoid this, choose bitcoin because it is the safest coin and history has proven that even though the price of bitcoin can fall freely, it will always touch a new ATH. Maybe bitcoin cannot rise to 100x in the near future but bitcoin is proven to store value to avoid inflation and also has a high level of profitability.

So instead of being confused about which coin to choose, choose bitcoin. It's easy and doesn't require much thought

That is the truth in the investment of cryptocurrency. And everyone is investing to make profit and among all now bitcoin is the number to invest and altcoins are for the alternative. And before you start your investment there are two things you have to know. When to invest (to purchase) and when to sell. And once you know these two factors in investment then you can do perfectly. Now the time to invest is the time when bitcoin is on the bear market which the dip in the market and the time to sell is the Bull Market or the all time high.

Once you know these then you start the investment process and be hodling it for long term. Now this season prediction is $100k while the next season prediction is $200+k so in investment you done have to worry like trading.

[Viscore]

A beginner should not think of investing into 5 different cryptocurrency because he is new and have little knowledge on the market. He needs to focus on only the king of all cryptocurrency which is bitcoin, so that he does not buy the wrong c pin that will lead him to great loss, that will make him regret of investing. Bitcoin should be the only cryptocurrency that can give you profit currently which out making any research or having broad knowledge in the crypto market. It is as easy as buy from an exchange and transfer to your noncustodial wallet, and hodli, instead of buying garbage that you can wake up one morning and see the value at zero.

However, it’s still not advisable to invest in bitcoin or any other potential investments without knowing the risk it brings. One should invest with knowledge first and not just because of greed or FOMO because others have been rushing to invest. It’s still crucial to know first your investment well and how you can make it work despite of how volatile it is.

Bitcoin is a guaranteed profitable investment but if the one who invest is not a responsible and knowledgeable one, hence investing will not be worth the risk as it might still end up with inevitable losses.

[Belarge]

The green we are seeing everywhere may bring confusion to ones plan on which coin to invest especially for newbies. One just need to be himself/herself keep to his/her investment plans and try to make good research before investing in any coin. There are always countless of opportunities in this space so if you miss one, that doesn't make you a loser. The next opportunity may be yours. Working with this will help you to overcome being FOMO.

We have opportunities everyday in the market, it's our job to deliver ourselves in promising projects. We're investors and we make sure we're in good sighted positions for the purpose to geared up good entries in the market. It can only wise if we're sticking to the solutions of the system, not relenting but pressuring our efforts towards the system. We should try out best to elimates FOMO because it comes first when we're about to missed out on projects and also investing in failed projects without any sights.

[johnsaributua]

The influencer sells his reputation for a project, because he gets a direct benefit while the audience only gets a sweet visualization of starting a new project even with affordable capital and the easiest way. Gambling and judging is all natural because it's a trial by fire. New projects can be easily listed on dex and how easy it is for creators / developers to get net profits and can leave at any time to revoke their liquidity. heartbreaking.

My principle if for portfolio is better to buy in cex and withdraw it to the wallet, than interacting with dex which is classified as a new chain among them like the core coin chain on ave.ai  , don't take it too seriously guys only example .

Actually, there is nothing that is so comfortable in investing besides bitcoin and stable coins, indeed, the greater the curiosity in new projects is difficult to prevent, especially since it has been affected by fomo, entering with capital that is willing to lose its value is wiser because forcing the will sometimes the project must stop even though it has only been buying a few hours.

[Btcdeybodi]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

There is no way people will not fall for scam projects because some people are too desperate whenever they are offered ×100 or ×1000 of their investments because there are people that are always fond of taking unnecessary risks even when they feel it may not work the way they expected but they will just give it a trial, sometimes it is not even only newbies that fall victims to scam projects during bull run, some experience people also falls victims because they feel they are smart enough and it is not only the poor people that gets enticed, the rich also do fall victims because they feel even if they lose that it will not affect their wealth.

[Y3shot]

it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

It's way better to only own Bitcoin.

It is better to only have bitcoin than investing in scam project.  But most people feel the easiest way of making profit is to invest in new project and they forget that this new projects are not reliable and can be predicted if it will be profitable.  It is better to go for bitcoin that one can atleat be sure of. The number of coin in your portfolio is not q guarantee to make profit in your investment. It is very safe to have only bitcoin than having different investment that won't be profitable.

[Fiatless]

Once you see projects that have promises to have a return, that’s already a red flag. You should be careful with investing with projects like that. I believe you should invest in something that you have thoroughly researched and see that it has potential.

If you want to have a sure shot, just buy bitcoin.

The issue with normal or average investors is that they don't want to go through the stress of doing research to get quality information about a project they would like to invest in or doesn't even know what to look out for when doing those research so they end up relying on crypto influencers who knows all the sweet things to say to spice thigns up and they woudl be in his words and invest in such and the others set of investors fall into the category of not wanting to accept responsibility the of making their own decision and would still rather follow the crowd.

There has been an increase in crypto investors recently and this is just because of the bull run. Many of these investors think that they can just invest in any coin and make a profit within a few days. They don't care about doing any research because they are driven by FOMO and the uncontrollable desire to get quick returns. However, they fail to know that the crypto industry is very risky so the best time to invest is when the prices of these coins a very low.

Most of these crypto influencers know nothing concerning the workings of the crypto space taking Investment advice from them is risky. In some cases, they have been paid by some scam crypto developers to promote their products to attract people. These celebrities will advertise these coins aggressively as if they are vouching for them. But they will denounce the coin immediately when people are scammed or suffer losses.

[Iroh]

It still baffles me on how “influencers” could actually influence some amongst their followers to invest their money in some new and unknown alt coin that would end up being worthless. Perhaps the influencers don’t really need to do much influencing, the unrealistic assumption on the opportunity to make some big money fast would make people willingly falls for such scammy projects.

If you’re unsure of what coin to put your money in, it’s best to go with what’s known all over and familiar(bitcoin). And like always, put what you could afford to lose.

[CryptoHeadlineNews]

However, they fail to know that the crypto industry is very risky so the best time to invest is when the prices of these coins a very low.

And the sad part is that when the price of Bitcoin is low, that's the exact moment when many will start selling their coins, or probably running away from crypto investment due to it's recent decline in price movement, as a result of their lack of knowledge about how the crypto market works, which is ought to have been the opposite.

Most of these crypto influencers know nothing concerning the workings of the crypto space taking Investment advice from them is risky. In some cases, they have been paid by some scam crypto developers to promote their products to attract people. These celebrities will advertise these coins aggressively as if they are vouching for them. But they will denounce the coin immediately when people are scammed or suffer losses.

That's exactly how the online world works, and the earlier you understand that, the better for you and your investment capital, because saying that these influencers don't know how crypto works, I think that will be a big lie, as most of these influencers promote a coin after been paid for advertising such project/coin, and most times these influencers promote these coins due to how much they are likely to earn from affiliate commissions when people invest/buys through their affiliate link.

[Asuspawer09]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Would surely agree with that, I mean high-profit investments like to the Moon projects are most likely scams just like what happened in the past Bullrun a lot of newbie traders and investors invested on it, and might not be a direct scam but most of the project is down to a lot to the point where they lost millions of dollars, which is the money of the investors, and the only winners are the investors that is able to take profit on it.

I remember the last Bullrun when the NFT market was to the moon, all of the traders were just so hype about a lot of NFT projects, probably weekly there were a lot of projects that were getting launched expecting they were going to make a huge profit with this projects, I mean for sure it is possible investing early on this kind of projects, it is evident I do take profit as well to some NFT, not to mention there are as well NFT games that have a lot of hype even until today I still see a lot of NFT games getting a lot of investors.

As long as you have the knowledge your going to know that investing in altcoins could give you a higher profit, but it has a trade-off and much higher risk, but investing in the 3rd layer projects is a much bigger risk, I wouldn't call it a bad decision as long as you are aware and know what you are doing.

[Youngkhngdiddy]

It still baffles me on how “influencers” could actually influence some amongst their followers to invest their money in some new and unknown alt coin that would end up being worthless. Perhaps the influencers don’t really need to do much influencing, the unrealistic assumption on the opportunity to make some big money fast would make people willingly falls for such scammy projects.

If you’re unsure of what coin to put your money in, it’s best to go with what’s known all over and familiar(bitcoin). And like always, put what you could afford to lose.

  Some of these influencers do not really know what they are influencing, as long as the money is coming in for them, they don’t mind if the project is a Ponzi scheme or not, just like the case of Dj Khaled and Floyd Mayweather unknowingly promoting what they seem to be a crypto project, it later became a scam they had to pay some certain amount for restitution. Most influencers do not even know what they are influencing, since the job of influencing is mostly about getting the  public the attention. The mistake some of these influencers do is not doing proper investigation on the project they are working for, if anything should go wrong they would be tag as accomplice to the the project thereby facing the law at accordance.
  This is why having to invest in Bitcoin is the best. It is safe and is known as the father of all other crypto. If you have to invest in other projects make sure you do your findings, people here have already stress about this. I don’t feel like it is a waste of time doing some research on your own, it might feel boring reading through those tiny lines but trust me it actually worth it because no knowledge is a waste. If you don’t want to become a victim or a collateral damage to all this crypto scam which is always high at this time in the name of bull run then you need to be well proper informed. One of the things I love about the forum is the information it provides to us, we are fortunate to be able to witness firsthand information about things and of course still hear about other people opinions on the matter.
  

[Huppercase]

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

This is the most difficult part been here especially if you are new here. Seeing market today and then the next day you see everywhere is green, your intuitive sense is telling you to buy but you ignore and then the next day you see another pump, if you are not experienced and descipline with how the market moves, you will be tempted to jump in, that's what memes coins on Solana are doing right now, everyone is seeing it as the next trend but check back in 3 years time, they will be forgotten.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Very soon, you will see them everywhere, they are just waiting for the new trend where they can camouflage their plans and then as soon as one of the projects become a success, the rest will follow and later you will start hearing this was scam and how they lost all their investment due to lack of due diligence particularly th newbies.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Another crucial warning, never invest an amount you think you can afford to lose, don't take that money you need for feeding, health and household bills to invest thinking that you will make more as investment, nothing is guaranteed when it comes to crypto investment, you need to know that risk is synonymous to crypto investment.

[SOKO-DEKE]

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Many individuals who frequently find themselves drawn to these types of newly emerging projects that experience rapid price increases are often individuals seeking to make fast profits. They enter the cryptocurrency space during bullish periods without possessing much knowledge, believing that all coins are equally promising. Consequently, they invest in any project that appears to be surging without understanding that some projects are artificially inflated to attract investors before eventually collapsing in value.Conversely, those who are more cautious and hesitant to invest during periods of rapid price appreciation are typically seasoned participants in the crypto industry who have endured numerous market cycles and gained valuable experience over time. Despite well intentioned advice urging caution and thorough research before investing in unfamiliar projects, newcomers to the crypto space often remain undeterred due to their limited understanding and lack of experience in navigating its complexities.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

It's wiser to allocate more of your investment capital into one or two projects where you have conducted thorough research and possess significant knowledge, rather than dispersing a large sum across various meme coins or speculative ventures that you lack understanding of. By focusing on areas you are familiar with, you increase the likelihood of making informed decisions and mitigating potential losses, thereby enhancing the overall success of your investment strategy.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

The most effective strategy for achieving peace of mind and deriving enjoyment from your cryptocurrency investments entails investing only what you can comfortably afford to lose. This approach ensures that you remain unfazed and undisturbed whenever fluctuations occur in the value of your chosen cryptocurrency. For instance, if the price of the coin you invested in experiences a decline, you won't experience excessive frustration or panic if you've invested an amount that you can afford to part with.By adhering to this principle, you shield yourself from the detrimental effects of emotional decision-making, such as hastily selling off your assets at a loss due to anxiety or fear. Thus, adopting a mindset of investing within one's means enables individuals to navigate the unpredictable nature of the cryptocurrency market with resilience and composure.

[lalabotax]

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

What often happens is when you see something like this, and panic occurs, then FOMO occurs. And in some ways, investing in some new project or new coin that is on the rise, becomes a very annoying challenge. Because, quite a bit of that actually triggers excessive panic selling. The resulting funds? It's certain, fail and lose money so easily.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

This is very ordinary and basic advice. But unfortunately many people still ignore it. However, an investor must understand each other's financial conditions, and cannot be compared to other people. And we also don't need to compare ourselves with other people. So we are experts who understand financial management and its risks, because we are the ones who will receive them, not anyone else. So, don't let us want to be like other people by investing as much as possible but ignoring the basic principle of how large an amount we can afford to loose.

[boyptc]

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

[Hamza2424]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Hmm, I think that this post should be in the altcoins section as you are taking and advising about the altcoin project which is newly launched in the marker. Anyway, In my humble opinion, and what I have learned from my own experience investing in newly launched projects is a kind of risky action we should invest in any altcoin project until we don't see them as a strong project on the basis of future value. Well, investing in any newly launched project which means just after the time when it is listed on any exchange is a big risk to the investment. We should wait to check the price fluctuation and once it gets listed in the future trading section as well which means the chances of coming amount volume will be high.

Then we can make entries in that project with the only amount we can bear in the condition we lose otherwise newly launched projects must be avoided in my opinion. Many of people believe that new projects have high demand in the current market and they also make big losses in terms of when the market crashes of that particular coin. I would say use my opinion as a reference point of view for at my experience. DYOR!

[sotelorene]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.



Well to be honest investing in every project many not be a nice idea but sometimes I think is good because you can't really tell if something is genuine or not at all time. Anyone who wants to participate in every project there is an advantage and disadvantage and anyone who chose not to there's also an advantage and disadvantage. The advantage of investing in every project is that if it happens the  way you invested it to be, boom for you, but if it doesn't you lose huge amount of money that is the disadvantage and if someone chose not to invest in every project the advantage is that you won't lose anything but if the project work out well you will regret. Just like Bitcoin, no body knew it will be like this so those that invested in it are enjoying it now and those that knew about it and didn't invest are regretting till tomorrow. We know some risk are not worth to be taken but we have to take it sometimes, if life itself is a risk why scared of taking risk.


Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

[lionheart78]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

We cannot deny the fact that when Bitcoin rallies and has its bull run, the whole cryptocurrency industry became hyped, and most of the time any coins that ride the hype of Bitcoin get pumped, so we cannot remove the belief of many investors about this matter.  For precaution, people should know when to sell their coins if they are into shitcoins because we know that the hype of these kinds of coins often times a one-time event and then get crash to oblivion.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

The truth is, it is hard to know whether an emerging coins is legit or a scam even with the red flags, many altcoins have existed until now while those that we thought were legit sometimes file bankruptcy or scam their holder just like what happened on some infamous project like FTX.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

This is the most important matter.  One should invest an amount that will not affect their life even if their investment flops.

[Ricardo11]

If you want to invest, it must be a good investment, because if your hard-earned money is lost due to wrong investment, it will be very sad for you and you will be broke. There are many types of Shit coins in crypto which often turn out to be fake. So you must invest in good coins which will give good returns later on, you invest in bitcoin for long term and hold it for long time, and forget about it for some time. After holding for a long time you will see that you have got a very good amount of return from Bitcoin. Everyone believes that Bitcoin will cross 120k in the next bull run and it will definitely happen. Invest what you can afford to lose and hold for a long time and you will surely get profit.

[Gormicsta]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

I like your emphasis on the significance of prioritizing quality over number when deciding which ventures to invest in. Because too many people become obsessed with diversifying their investment holdings by investing in as many initiatives as possible, which may actually raise their risk. It's best to focus on a few tasks and completely hold them rather than attempting to separate yourself too thin.

I also believe it's fantastic that you underlined the need of investing just what you can afford to lose. This is such a crucial aspect, and it's so easy for individuals to get carried away and invest more money than they can afford.

[fullhdpixel]

If you go to the altcoin board right now, you'll see some threads in form of questions like, have altcoin bull started, and most of this thread are created by newbies who heard how some altcoins has given some investors a x100 profit without them knowing the basics of how a this things happen or coin that this things happen to. Its always good to conduct strick research on coin we aim to invest in before making any move for  investment and not the other way around.

Mostly, people in the market, especially newbies, face losses because they make investments just by hearing things from here and there, and don't do any research from their side which is why most of their investments fail in the long run, and when that happens, they start blaming the industry, trading, predictions, and everything else. When you don't do research and make an investment just like that, there is more than a 90% chance of you losing money.

I think a wise and mature person would never make an investment just because they have heard positive things about something, they would always conduct some research, check its history and present, see how it's doing in the market, and then if they are satisfied, they may go for investing in that project.

[Mrcool75]

In 2017 when I came to know about bitcoin, its price was very low.  Currently it costs 70000+.  At that time 2017 I should have bought some bitcoins.  I regret it now.

[CageMabok]

In 2017 when I came to know about bitcoin, its price was very low.  Currently it costs 70000+.  At that time 2017 I should have bought some bitcoins.  I regret it now.

There is no need to regret the past, because you still don't lose the opportunity to get Bitcoin and also profit through Bitcoin from now on. And I see that you have just entered this forum so you can immediately have a discussion here while learning many things that you may not know yet and if you already know enough about Bitcoin and also know it well. I think you can use some of your cold cash to buy Bitcoin and hope that you don't regret it later like you feel now when you didn't want to buy Bitcoin in 2017.

[Hypnosis00]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Many people have failed because of such ways of investing.
Knowing and Identifying the right investment for us is perhaps necessary. That is why I suggest not taking it easy on investing or trying to trust someone who promotes a good-to-be-true investment because this is one factor why we fall into scam projects. If not in a scam, still a factor that leads us to losing ends as we don't have any idea how to manage it.  But the safest way to invest is simply buying bog projects that have already been in the market for so long. Their existence is our assurance, though not 100% at least, their performance gives us reason to trust.

Buying Bitcoin is better than buying 100 shitcoins/altcoins.

[Tmoonz]

To every action there is an equal an opposite reaction, every man will be solely held responsible for any of his or her actions as regards to investments options and choices, although am not in support of having so much involvement in coin rather look for very few if not one and. Channel your energy and resources, it is very important to make an informed decisions as regards to investments. Whic will definitely varies from individuals.

[Zanab247]

If you know how to apply research on any new projects in the market before investing your money, it will make you not to make mistakes that will make you to experience losses from your investment because, you will know if the project is real or not through the population of investors around such projects.


No matter what you do to open other people eyes not to invest in scam projects, you will surely see some newbies around such projects and there is no words you will use to convince them that the project they are about to invest their money will cause them to lose money.

[Bd officer]

Where there is greater profit, there is greater risk. So you never get too greedy and invest in various shit coins of the market. If you want to be risk free then invest in the most popular and trusted coin Bitcoin, investing in Bitcoin gives low profit but the risk is very low. You can invest some amount in Ethereum along with investing in Bitcoin, Solana MATIC BNB DOGE can be invested in such popular coins. But the best is to invest in Bitcoin. If you invest in Bitcoin and hold it for a long time, you can earn a lot of profit.

[Natalim]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Yes, greedy people often change their decision especially if someone gives them an offer to earn x1000. Many people have fallen into such a trick and believe this will happen after investing in a scam project. Maybe not often but many times that these words are just ignored. And why? Because we have been driven by our greed and too much love of money thinking that investing in crypto/shitcoins will make us instant rich. And believing that the more we invest in crypto, the more money we get. Not really a wrong decision but it should be put into promising projects like BTC and ETH for some profit assurance, not in shitcoins.

[GeorgeJohn]

it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

It's way better to only own Bitcoin.

for investment in cryptocurrency I think that it is right to have a different portfolio so that it will not really affect you when the price of Bitcoin decreases in the market that is why you need to have a different portfolion of coins in your investment having Bitcoin only cannot give you a profit as much as having different coins like three or four coins in different portfolio, it is obvious that a good investor in cryptocurrency always invest in altcoins that  have a good potential, so I've not seen anything wrong for someone to have up to 5 different coin in different portfolio.

So investing in only Bitcoin is also advisable because of it potentiality and the eat reputation so many people who is investor do not bag their eggs in one basket the share their eggs in different basket in case of unwanted and  Unexpected accident that is why investors do diversify their income also their investment so that when it affect one others will continue to survive.

[Sanitough]

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

[Ojima-ojo]

Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

[freedomgo]

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

Exactly. Don’t fall for altcoins most particularly when there is bull run as you are increasing your risk to lose from buying them at a high price, as there are no guarantees that they will continue to gain higher price but may suddenly dropping their prices anytime. Instead, stick to bitcoin.

However, if you are interested to buy altcoins, buy when the market is bearish at a minimal amount. That way, even if you lose in the future, at least you only lose few of your funds, so that won’t be a big deal for you.

[Hamza2424]

In 2017 when I came to know about bitcoin, its price was very low.  Currently it costs 70000+.  At that time 2017 I should have bought some bitcoins.  I regret it now.

Now it the biggest digital asset trading in the market with the biggest market capital. Not only you, Now many urge to buy it but I do not know why there are so many investors are rushing to buy it now they should have bought it when it was trading at a very low price but this is so true that People follow trends they do not follow or take action on anything until it comes into the trend but the time they take action it gets too late for example for a current market condition many are interested to invest. I am not saying that investing in the current time will not make a profit for them I mean to say that they can make even more profit if they have bought when it was trading at a lower price.

Besides this, haha you are not the only one person who is feeling regret of not buying you will find so many stories on social media out there many still feel too much regret about why they did not buy Bitcoin when it was trading for only cent but now what can they do? haha... only regret missing the golden opportunity of buying at low.

[DaNNy001]

Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

I can you tell you that with this little set back so many people that aren't fully acquainted with the market have started fearing that the bull is over and they have even started resulting to sell off their coins but if you are with the thought that Bitcoin isn't a short term investment then you would understand that the market is actually just warming up towards the major events that is up ahead. Past records show that the halving is actually a good time for Bitcoin investors because after it comes the big bull that pumps so high and I hope this time around still turns out the same.

[Albarq]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

The first coin, Bitcoin. Second to fifth is up to you, you can enter coins like Ethereum and four other coins that will potentially not make you lose money.
Fast investments that offer high percentage prices for each project you invest in are not a guarantee.

I dare say investing in Bitcoin is safe if you are willing to be patient for a certain time.
Today's price increase of almost $73k was once only half of today's price.
Apart from being safe, Bitcoin is not a fraudulent coin.

Meanwhile, you want to invest safely in Bitcoin, but the risk of losing is greater, so a little courage for the long term for the future with a little self-confidence provides opportunities to always think about. In my opinion, accuracy needs to be paid attention to in Crypto, the point is to minimize bigger opportunities.

[KiaKia]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

There is no point getting into something you have no idea about, but there is nothing we can do to safe them from their own decisions, what is awaiting them is real life lessons, hopefully they are brave enough to learn from their mistakes.

I have made tens of my money from ALTs in this year alone, not too long ago I made over $6000 from a altcoin, using $300, all I did was buy and wait, but I could tell before buying this altcoins that its worth the risk, there aren't so many like it and in just few months it surges very high.

The problem is identifying good alternative crypto projects like this, many newbies don't know how and thats why they fall victim to many scam projects, I was able to tell the difference because I have learned a lot from the past years in crypto space.

Bitcoin is the most recommendable, and altcoin is the most risky one, if you must embark on alts journey you must have the proper qualifications of identifying the best of the best, at least for the bull market to make money and take profit.

[Kelvinid]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Knowing more first before making a move or else, will give us an unacceptable end.
Many people are doing this, they invest in a project because someone (a known person or a friend) suggested it. This is very usual because we trust them but it should not be like that as we need to verify the potentiality and reliability of the project first prior to buying. These common mistakes will never happen if we keep thinking that a good investment comes from a good choice and research. Investing in a project blindly will never succeed instead, more on failure. We can't call ourselves an investor if we neglect to do research nor do we call ourselves smart.

[Zanab247]

There is no way you can stop all newbies not to invest in a scam project, and there are some newbies will be seeing you as the scammer planning to block their way not to invest.

And once they loss money on that scam project, they will now realize what you told them in the past not to put their money on anyhow project, and for you to know all those good projects, check their population because every good project Carry population of customers.

I have loss some money in new projects, when I was a newbie that made me to learn more to know how to select good projects that will bring good profits, and it hard for me to invest my money on new property in the market  these days no matter their package.

[Fiasem20]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

[odunybiz]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

[Belarge]

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

Regrets are surplus but there's always new opportunities every single day in the space, just know what to do and comprehend the top duties. We make dangerous moves and adapting to previous and current status of the space. We attend to all the risks available in the space but making mistakes is not part of them. Remember there are mistakes that will send one directly to trenches because it involves huge losses. Making thorough research about these projects will safely persuade one to be able to guide ourselves and generate significant profits.

[Abbatty]

I think most people will still make same mistake again because of the following reasons;

1. Greed.
2. Laziness to seek knowledge about crypto.
3. I just want to be a crypto investor.
4. Get Rich Fast.

Like most people lose a lot of money in crypto because of the above stated reasons, I know a lot of people who have lose huge sum of funds in the last bull year just because they want to be a coin owner, without seeking proper knowledge about the coin they are investing in and end up been scammed because they believe crypto is some kind of Making money fast type of project. And again there people who even have the knowledge about crypto and still end up losing funds too just because of their Greed.

[ferida504]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

Before making a decision, you should re-analyze what you want to do even though the green light is clear, because it could be a trap for us and this trap can make us sink in investing in the world of cryptocurrencies, believe me, if something is taken hastily, it will the consequences are not good, don't be quick to jump to conclusions. It is better to have small profits with good analysis than to expect big profits but make big mistakes when taking a stand

[cryptoWODL]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Most of the people these days want to get rich very quickly so they are attracted by the glory of greed and often do wrong things like investing in various meme-coins or shitcoins. But I see this tendency among newbies because when they first get into cryptocurrency they think they're going to get rich quick, so they get greedy and lose all their money by investing in the wrong coins. Greed attracts people in a way that makes them more aggressive in their attitude to invest because they are addicted to profit.

OP what you said about investing what you can lose is absolutely true. Because whenever you invest your entire money if you lose it completely due to investment losses then you will face more losses. So, to avoid total loss, it is advised to invest only as much money as you can afford to lose. Moreover, investing may not be easy as it requires a lot of skill, judgment and analysis. Many times people are not successful in their investments despite being experienced and doing proper analysis.

[Moreno233]

I think most people will still make same mistake again because of the following reasons;

1. Greed.
2. Laziness to seek knowledge about crypto.
3. I just want to be a crypto investor.
4. Get Rich Fast.

Like most people lose a lot of money in crypto because of the above stated reasons, I know a lot of people who have lose huge sum of funds in the last bull year just because they want to be a coin owner, without seeking proper knowledge about the coin they are investing in and end up been scammed because they believe crypto is some kind of Making money fast type of project. And again there people who even have the knowledge about crypto and still end up losing funds too just because of their Greed.

You have said it all. The key point is that people want to become rich overnight that is they invest in anything that promises them that. The hype is at the peak at the moment and creator of these shitcoins are milking people dry using influencers to draw people into their scam.

One funny thing I have also noticed is that most newbies are preaching HODL but this time their HODL is not Bitcoin but shitcoins which is like holding a bag of shit. They actually know that the profit is in long term investment but their choice of investment is the problem.

Unfortunately, many people will still fall into scams and hate/curse cryptocurrency. This is natural to happen just that we should ensure that we are not victims.

[doomloop]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

People need to understand that new projects carry a lot of risks despite the potential they carry for high returns, and I don't think it's worth it. You can't risk all your capital for some returns because if you make investments where you get small returns but have your capital secure then it is much better in my opinion. This is why I always prefer making investments in old and mature projects which have higher potential to provide returns whether they are big or small.

Investors these days are investing large amounts in meme coins just because they know they have the potential to sometimes provide great returns but they ignore the fact that meme coins can also potentially eat up all your investment in case they don't manage to get enough community hype.