Post
Topic
Board Altcoin Discussion
Re: Watch out for the following
by
LogitechMouse
on 13/06/2020, 12:33:23 UTC
1. Crypto Analysts predictions
Every single people who are involved to cryptocurrency can give their prediction with regards to the project. This so-called analysts can predict too so we can do it too so why listen to them. In the end there is only 2 results either it will be a fail or a success.

2. Hyped projects by billionaires or known people e.g McAfee
I've seen many projects that have been hyped by most popular people on crypto world. I still remember a project that is on a token sale that time and if you will visit their website, you will see Roger Ver in the team and that leads to a huge hype and their token sale has been sold out for a few days only. After listing in the exchange, the token plummeted and didn't recover anymore. Its just hyped because of Ver and nothing more.

3. Going into futures and margin trading when you haven't even mastered normal trading
Going to these kind of trading is very stressful especially for those newbies who want to try it. I didn't tried futures and margin because I only tried normal trading but I can't trade for a long time already.