Post
Topic
Board Altcoin Discussion
Re: Be careful with the hype
by
Eureka_07
on 06/12/2021, 20:51:04 UTC
We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
One's own greed makes many new and old investors in crypto lose money because of the hype, there are also many hype projects that end in scams, so stay away from coin projects that only rely on hype, just see what happened to squid token investors who rugpull in a short time.
On the other side, if you know how to play it, and had the courage, it's fine to continue, but if not, probably do not enter this kind of investment. Do some research on the coin/project that you plan to invest since the paper that they present to the public has a lot of clues on what kind of project are they, even tho, it doesn't necessarily mean that they are what they presented.