Post
Topic
Board Altcoin Discussion
Re: TIPS how to manage from losing when investing new projects.
by
danherbias07
on 18/03/2022, 13:45:03 UTC
It is really overwhelming to see the growing number of new projects but unfortunately, most of them are indeed worthless and have no use case to provide. Many had suffer losses because of some mistakes but we can avoid them if we have to do these things.

1. We buy coins not only because the price is low - many had thought that buying them in bulk gives them a good profit later.

2. We have to stop thinking about hypes - maybe some but not all of the new projects

3. Stop falling to scam projects - usually, people got tricked when seeing projects offer high rewards (good to be true) and most of them are just a lie.

4. Doing Research - we have to take this seriously as nobody had ever succeeded without this.

Thank you Yamifoud.
It is a nostalgia of ICO. The creation of different coins/projects left and right with some of them doesn't really have a purpose or just repeat of a project that had already been done before.
1. Price is low, appealing to the eyes because you can have millions of their coins. ex. Shiba. I was once caught by that sickness.
2. Twitter. Oh! They love making hypes there for it's easy to retweet with just a bunch of fake accounts.
3. Scammers. This will be hard to see, they are getting better.
4. Do the research to avoid number 3.