Quote from: Ziskinberg on Today at 11:35:56 PM

Quote from: justdimin on Today at 09:38:38 PM

Quote from: bitgolden on Today at 08:07:17 PM

I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.

Yes you are right for example, look at safemoon, most people have no clue what it is, most people didn't even read any docs or whitepaper, they are purely believing on the marketing wave and they only care to make a profit, buy now, sell when its higher and that’s it and safemoon is riding that.

So, it is not really that ideal situation for now, we need to get back on fundamentals otherwise market may trick us at any time for unknown reasons for sure.

But what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure.

Even myself doesnt already hold up something in my portfolio which i do only plan or tend to hold for long term.I do much prefer on seeing profits in a short span of time.
Frustration is part on this market because we cant just expect that we would really be making profits in constant basis which these kind of reactions is a bit common.
Thing here is that you do know how to accept losses and learn from it so that in next time you would really know on what you should do even not in precise
manner but at least you would really be doing well compared into your yesterdays trading.