Post
Topic
Board Altcoin Discussion
Re: Don't follow the hype
by
labilaab
on 22/05/2019, 06:49:47 UTC
I've been here for years and I can say that following the hype never works for investors, this is simply an advise.

Few examples: Synereo, Savedroid, Electroneum.

Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.

Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
Well sometimes hype can be useful especially when doing day trading.You just gotta join the ride since when many join this hype the price sometimes really go up but not for long, its just that you need to get out and sell right away and with perfect timing to profit and not loss.