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Author Topic: Beam - good investment this bull run?  (Read 169 times)
JamesDaniel90 (OP)
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August 24, 2024, 06:46:52 AM
 #1

I am looking for a new crypto to get into and have been looking into Beam lately.

I first heard of beam about 6 months ago but wasn’t interested at the time as it was pumping so didn’t see much potential in terms of returns but now we have had this crash in the last few weeks it looks like it could see some good returns in the next 6-12 months during the upcoming bull run.

It is currently an $800m market cap and 79% of the supply is in circulation which is good. I also like that it only came out end of last year so this will be its first bull run.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months , this looks a good bet given its only $800m market cap and almost 80% of supply in circulation.

I do not know much about the project itself though, is anyone else invested?
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August 24, 2024, 09:12:39 AM
 #2

I am looking for a new crypto to get into and have been looking into Beam lately.

I first heard of beam about 6 months ago but wasn’t interested at the time as it was pumping so didn’t see much potential in terms of returns but now we have had this crash in the last few weeks it looks like it could see some good returns in the next 6-12 months during the upcoming bull run.

It is currently an $800m market cap and 79% of the supply is in circulation which is good. I also like that it only came out end of last year so this will be its first bull run.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months , this looks a good bet given its only $800m market cap and almost 80% of supply in circulation.

I do not know much about the project itself though, is anyone else invested?
Already as you may know the market is always promising during bull run, and you can't factor out the fake or scam project during bull run because then they will all be potentially green, and everyone would want to invest to make their profits. A project that launched last year doesn't have all the criteria to be called a trusted project, instead i will also encouraged you to look at their community study them to see what the team is planning about the project maybe you could get internal information regarding what plans the team has about the project before filling up your bags.

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August 24, 2024, 12:03:19 PM
 #3

Personally I think BEAM is just another ordinary altcoin that leverages on gaming blockchain, personally since price already climbed 30% i don't think it's that promising of an investment.
moreover once sophon staking program which requires locking BEAM ended, I think it could potentially dump this coin.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months.
You could only do this kind of massive gain with underrated meme coin gem, I don't think you gonna have this much return with a coin that already has market cap of 800mln


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August 24, 2024, 01:49:39 PM
 #4

I do not know much about the project itself though, is anyone else invested?

I'm almost always updated in our industry, but this is the first time I heard about this token, as soon as I opened their page on CMC, I was surprised because they're now in the top 100 of CMC, projects like this are usually projects that have a good vision so many investors get into it. BTW, thanks for the insight, I'll look deeper into this project and maybe invest a little.

R


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JamesDaniel90 (OP)
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August 24, 2024, 10:09:21 PM
 #5

I do not know much about the project itself though, is anyone else invested?

I'm almost always updated in our industry, but this is the first time I heard about this token, as soon as I opened their page on CMC, I was surprised because they're now in the top 100 of CMC, projects like this are usually projects that have a good vision so many investors get into it. BTW, thanks for the insight, I'll look deeper into this project and maybe invest a little.

There are so many altcoins it is hard to stay up to date with all of them. It may be worth a look.

$800m market cap is not that much considering the likes of Dogecoin and Shiba Inu hit like $40B or whatever it was.
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August 24, 2024, 10:10:10 PM
 #6

Personally I think BEAM is just another ordinary altcoin that leverages on gaming blockchain, personally since price already climbed 30% i don't think it's that promising of an investment.
moreover once sophon staking program which requires locking BEAM ended, I think it could potentially dump this coin.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months.
You could only do this kind of massive gain with underrated meme coin gem, I don't think you gonna have this much return with a coin that already has market cap of 800mln



$800m market cap is nothing these days - could easily get to $10B which would be a 12x return
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August 25, 2024, 01:29:13 AM
 #7

$800m market cap is nothing these days - could easily get to $10B which would be a 12x return
depends on the situation, currently blockchain that focused on gaming aren't really thriving. so I don't expect it to be having that 12x return.
chart below show that the performance of these coins are stagnating, even having downward trend, never see any real use case with them to begin with, most of the gamefi flocks to either cheap but popular chain like solana, bnb and TON or they just go with ethereum's L2



however, maybe if somehow the bullrun continues, 2x-3x is possible with hugely underpriced gamefi blockchain but I won't be too optimistic since people are more focused on RWA, DePin and L1 blockchains.

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August 25, 2024, 08:49:59 PM
 #8

I am looking for a new crypto to get into and have been looking into Beam lately.

I first heard of beam about 6 months ago but wasn’t interested at the time as it was pumping so didn’t see much potential in terms of returns but now we have had this crash in the last few weeks it looks like it could see some good returns in the next 6-12 months during the upcoming bull run.

It is currently an $800m market cap and 79% of the supply is in circulation which is good. I also like that it only came out end of last year so this will be its first bull run.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months , this looks a good bet given its only $800m market cap and almost 80% of supply in circulation.

I do not know much about the project itself though, is anyone else invested?

It depends on your OP how you conduct research on the crypto you want to invest in that will give you a good ROI in the future. If you think that he has really good potential, without a doubt, follow or do what you think.

Although the market cap of 800 million dollars is one of the good bases because MC like that is not a joke in truth in this field of crypto business,.

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August 25, 2024, 09:32:29 PM
 #9

It is currently an $800m market cap and 79% of the supply is in circulation which is good. I also like that it only came out end of last year so this will be its first bull run.
You already gathered enough information about the project, so it’s left for you to invest or not. I know nothing about the project, and I can’t really waste my time doing research on a coin that isn’t worth it. I don’t put my money in all these shitcoins, and I won’t encourage or guide anyone to invest in them. If I am encouraging you, then it’s better you leave your money in bitcoin or get yourself a strong altcoin and invest your money in it rather than investing in shitcoins.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months , this looks a good bet given its only $800m market cap and almost 80% of supply in circulation.
If that kind of return can easily be gotten, then everyone is going to be rich already. You just have to be very careful, or you might end up losing most of your money just because you're looking for a crazy return. I know you can get that from all these meme coins, but it’s always difficult to know which one will give you that kind of return.

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JamesDaniel90 (OP)
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August 25, 2024, 11:11:50 PM
 #10

It is currently an $800m market cap and 79% of the supply is in circulation which is good. I also like that it only came out end of last year so this will be its first bull run.
You already gathered enough information about the project, so it’s left for you to invest or not. I know nothing about the project, and I can’t really waste my time doing research on a coin that isn’t worth it. I don’t put my money in all these shitcoins, and I won’t encourage or guide anyone to invest in them. If I am encouraging you, then it’s better you leave your money in bitcoin or get yourself a strong altcoin and invest your money in it rather than investing in shitcoins.

I am looking to get into a new crypto that could see 15-20x returns in the next 12 months , this looks a good bet given its only $800m market cap and almost 80% of supply in circulation.
If that kind of return can easily be gotten, then everyone is going to be rich already. You just have to be very careful, or you might end up losing most of your money just because you're looking for a crazy return. I know you can get that from all these meme coins, but it’s always difficult to know which one will give you that kind of return.


One word - Arcblock.

Have a look at the Arcblock chart for the last 12 months and you will see this ‘shitcoin’ has done over a 50x and for me personally I got a 30x out of it as I invested at $0.13 and it reached all time high in May of $4.65.

Stop being scared to take a risk - Bitcoin is the safest crypto yes but it will now only do a 2x return in the next 6-12 months while many ‘shitcoins’ will do 10x , 20x or even 50x. Way more money to be made in crypto outside of Bitcoin.

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August 26, 2024, 05:19:56 AM
 #11

Stop being scared to take a risk - Bitcoin is the safest crypto yes but it will now only do a 2x return in the next 6-12 months while many ‘shitcoins’ will do 10x , 20x or even 50x. Way more money to be made in crypto outside of Bitcoin.
Not everyone can attain to take a risk but you're right with that. If you are eager to take a risk with that kind of gain, good luck but you have a point with that.

But if your goal is to reach at least 10x with a gain, don't be too focused on it or even more because the way you are aiming for more, the closer possibility that you might not even hit any of that goal of yours.

Because your goal is quite high and then if the 5x-10x won't be enough for you, you'll aim higher and there's a likely that you won't hit that anymore if you've missed it.

JamesDaniel90 (OP)
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August 26, 2024, 07:24:03 AM
 #12

Stop being scared to take a risk - Bitcoin is the safest crypto yes but it will now only do a 2x return in the next 6-12 months while many ‘shitcoins’ will do 10x , 20x or even 50x. Way more money to be made in crypto outside of Bitcoin.
Not everyone can attain to take a risk but you're right with that. If you are eager to take a risk with that kind of gain, good luck but you have a point with that.

But if your goal is to reach at least 10x with a gain, don't be too focused on it or even more because the way you are aiming for more, the closer possibility that you might not even hit any of that goal of yours.

Because your goal is quite high and then if the 5x-10x won't be enough for you, you'll aim higher and there's a likely that you won't hit that anymore if you've missed it.

I have been slowing Dollar cost averaging at the lows when investing and I plan to do the same when it comes to the selling too.

I say I want a 10x or a 20x it doesn’t mean I will hold for that I will take some profit at 4x , then 7x then 10x for example. This is my first bull run but have read far too often about those who were greedy last bull run who never actually took profits because they were greedy , I won’t be that person.
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August 26, 2024, 08:11:04 AM
 #13

All coins have the potential to be green when the bull run starts, but it is impossible that many new coins will continue to appear in close competition with the top altcoins. It is very difficult to distinguish which are the fake coins that are entering the crypto investment trade. Now beams also appear as coins that were quickly developed before the bull run, I still haven't seen in more detail whether this coin is still worth investing in in the near or long term, let's see later during the bull run, hopefully beam will be one of the successful coins this year.
Yes of course, the more innovation, the stronger the competition, Beam is a coin that has a gaming narrative where this is supported by the DAO merit circle, of course it is also quite interesting to watch, especially speaking of games that have not received attention in the hunt for narrative circulation.

I think Beam has the opportunity to make ATH in this cycle, and the price is currently still in the range of $0.01 and ATH at $0.04, it is possible that if the gaming industry becomes a concern again $Beam will have the potential to provide benefits to its holders, especially if it is active directly in the product.

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sunsilk
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August 26, 2024, 11:42:59 AM
 #14

Stop being scared to take a risk - Bitcoin is the safest crypto yes but it will now only do a 2x return in the next 6-12 months while many ‘shitcoins’ will do 10x , 20x or even 50x. Way more money to be made in crypto outside of Bitcoin.
Not everyone can attain to take a risk but you're right with that. If you are eager to take a risk with that kind of gain, good luck but you have a point with that.

But if your goal is to reach at least 10x with a gain, don't be too focused on it or even more because the way you are aiming for more, the closer possibility that you might not even hit any of that goal of yours.

Because your goal is quite high and then if the 5x-10x won't be enough for you, you'll aim higher and there's a likely that you won't hit that anymore if you've missed it.

I have been slowing Dollar cost averaging at the lows when investing and I plan to do the same when it comes to the selling too.

I say I want a 10x or a 20x it doesn’t mean I will hold for that I will take some profit at 4x , then 7x then 10x for example. This is my first bull run but have read far too often about those who were greedy last bull run who never actually took profits because they were greedy , I won’t be that person.
Yeah, I know that you won't hold and you're firm in selling at the right time and I wish you would hit that target you have.

And I admire your preparation for this bull run with all of the research that you do and it seems that each move you are about to do is always consulted in the community.

That's fine and I hope that you're able to make those targets and hit them right because not everyone gets to enjoy this bull run.

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August 27, 2024, 08:24:44 PM
 #15

Beam looks like a token that would lose steam soon. Just get feeling
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August 28, 2024, 03:23:52 AM
 #16

Beam looks like a token that would lose steam soon. Just get feeling


I think it will lose its steam, with market cap of $700 million the trading volume isn't looking good.
in some exchanges the trading volume is below threshold of what some coin that got delisted are, sub $100k is really bad trading volume in my book. the only thing saving the coin is perpetual from side I think.
if i'm being honest, won't risk with a coin with weak performance like this, this kind of coin always the last to recover.



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August 28, 2024, 06:04:03 AM
 #17

Well if someone did put some Beam when you said then he is up good profits. The token is now up more then 8 percent in just last 7 days. And it is more then the coins in the top 10 coinmarketcap.
I did not know about this project until I did read this. But I think right now there is a small correction in the price of bitcoin. And when the 'bull run' does come back you will be happy if you added this coin to your portfolio.
https://themarketperiodical.com/2024/08/20/beam-token-gaining-momentum-from-lower-levels-will-it-rebound/

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August 28, 2024, 09:06:35 AM
 #18

Beam looks like a token that would lose steam soon. Just get feeling


I think it will lose its steam, with market cap of $700 million the trading volume isn't looking good.
in some exchanges the trading volume is below threshold of what some coin that got delisted are, sub $100k is really bad trading volume in my book. the only thing saving the coin is perpetual from side I think.
if i'm being honest, won't risk with a coin with weak performance like this, this kind of coin always the last to recover.

It's a bad sign to go in indeed. Thanks for the info provided!

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August 28, 2024, 10:09:10 AM
 #19

Lets see, if we just get through September and when the markets start pumping again in Q4 most altcoins will to.

I have not invested yet but will do if the price falls lower in the next few weeks as feel it would be worth a small risk then.
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August 29, 2024, 06:36:30 AM
 #20


All coins have the potential to be green when the bull run starts, but it is impossible that many new coins will continue to appear in close competition with the top altcoins. It is very difficult to distinguish which are the fake coins that are entering the crypto investment trade. Now beams also appear as coins that were quickly developed before the bull run, I still haven't seen in more detail whether this coin is still worth investing in in the near or long term, let's see later during the bull run, hopefully beam will be one of the successful coins this year.


In my opinion, there is always a possibility, in the competition it continues to emerge and it brings good luck, such as the coin Beam circulating in the market, it is an interesting thing to observe, with investment decisions with in-depth experience, there is always an opportunity to be achieved by recognizing this coin Beam first.

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