Post
Topic
Board Altcoin Discussion
Re: Be careful with the hype
by
velive08
on 08/12/2021, 08:21:11 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.

I don't think something like that happens because of someone's greed, but it's a trap set by big investors to drain small investors' money, facing such hype one should be careful when doing it and need more analysis.
Big investors already have enough capital to get out of the problem, while small investors only rely on hype at certain times, the traps created only have an impact on small investors, need to carefully consider any conditions and be careful when choosing coins or projects new, if you don't want to take big risks in the future.

for small investors if it is not enough with experience and do more research on a project then the risk is definitely earned. someone who is waiting for the hype to happen in the market, of course they have done the analysis first so they hold some coins to be released when the hype occurs. but what we see today a lot of small investors are just getting started when the market hype occurs, I think if that is done is something wrong.