A mistake you would surely regret

[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.

[1715118352]

1715118352

[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.