Trends Attract but Not All Cryptos are Profitable

[gurunanakji777]

Especially Newbies to this market trapped easily by others profit because most of them jumped into this market to make quick money. Most of the newbies lost money because of no experience even some are entered when they gain knowledge about this market. If you are an investor you must have a knowledge of the crypto market and must keep it in mind Everything that shines is not gold so be smart and DYOR before investing in any coin and calculate the risk as well.

[DAMKAR]

it's true that not all crypto is profitable. There are also many people who experience losses because they are hasty or not careful in managing crypto. but if we can manage it well and there is a will to continue learning it will pay off. it will be easier for people to trust us if we already feel the results for ourselves.

That's true, we must continue to learn if you want to get profit. I have lost several time and still learn about my mistake and improve my analysing.
Because not easy to be professional trader or investor.
Be your self and always be careful to choose coin.
If you don't be careful you will lose a lot.
Many investors already done it.

[Jaephoenix]

It's always important to DYOR(Do Your Own Research). However people always tend to ignore this universal rule and rely on the judgment of others which may be either misleading, intentionally or not

[Cadaver20]

It's always important to DYOR(Do Your Own Research). However people always tend to ignore this universal rule and rely on the judgment of others which may be either misleading, intentionally or not

Most people do not research the project before investing. Many do not even have time to do research.  They invest based on the opinions of others. Many people are losing money by falling into the trap of scammers.
Cryptocurrency is a huge issue.  Proper knowledge must be acquired before investing here.

[Callisto]

If I could find a mentor in the role of a whale or a good mentor, then of course it will be a success for a novice trader, I completely agree with you that it is necessary to trade on the stock exchange and not a fantasy, but now there are few really good mentors, almost all charlottes who just row money and they say to everyone that they are trade gurus.

[tvplus006]

...So learn from the big names or known as whales is good strategy to deal crypto not in fantasy.  ...

For beginners, there is the least safe strategy to buy the coins that Grayscale has chosen to invest in. Because such campaigns have a large staff of specialists who can correctly evaluate promising coins for investment.

[shadowdio]

yes not all cryptos are profitable, there are many scam coins in the market and newbies should aware because they will likely fall of scam. My advice to newbie if you want to invest in cryptos and don't want to research the project because no time to do it, just pick the top altcoins in the market like eth, dot, ada, bnb these are good coins to invest.

[Hope4life]

This is something interesting, I saw a lot of people around me getting know more about cryptocurrency lately. But they think this is a quick way to multiplying your money which isn't true at all. I think we should teach common people about the risks and advantages of crypto so that they'll not easily fooled by scammy project.

[Freemind]

This is something interesting, I saw a lot of people around me getting know more about cryptocurrency lately. But they think this is a quick way to multiplying your money which isn't true at all. I think we should teach common people about the risks and advantages of crypto so that they'll not easily fooled by scammy project.

Thinking about the way these people do is the first step toward bankruptcy. If you can, you should warn them and give them some advice before they make a mistake that they later regret. They can fall victim to many types of scams without realizing it before it's too late. If you can, help them.

[Istiak]

When a trend appears in crypto than most of the project even the shit project that is related to that trend pumps. This happens every time so you can choose any project you want but should be stick to it forever. Invest some of your funds you get profit then sell-off. This is how many investors make money really quick.

[Carbitcoin]

When a trend appears in crypto than most of the project even the shit project that is related to that trend pumps. This happens every time so you can choose any project you want but should be stick to it forever. Invest some of your funds you get profit then sell-off. This is how many investors make money really quick.

There are a lot of opportunities to make huge money in the cryptocurrency market and they are always present. but these possibilities are very difficult to recognize at the very beginning of the development of a project. Nevertheless, you should always monitor the market and use any situation to obtain reliable information. But this comes with a huge risk. Those who do not want to take risks, let them deal with the most rated cryptocurrencies.

[Gravatai]

I see no reason to buy coins that have no prospects and cannot bring profit. I believe that you need to choose interesting, promising coins and buy them. If in doubt, it is better to choose another coin, because there are a lot of coins, the choice is large. But we must remember that risk can pay off and a risky investment can bring profit.

[jonathancool220]

Lots of cryptocurrencies have ended up with a decrease in the prices of various altcoins that are already listed on the market.
Maybe coins that are below the top 1000 Coinamrketcap are difficult to move because basically these coins are not well-known and are not glimpsed by investors.
I also often see it in various announcements in this forum and it is very sad to see.

[Afony]

With the growth of cryptocurrencies, all projects begin to grow, with the exception of only the scam, which themselves lowered the price on the exchange, then brought down the market. You need to invest in projects that have been on the market for a long time and are traded on different exchanges.

[therozaq]

I see no reason to buy coins that have no prospects and cannot bring profit. I believe that you need to choose interesting, promising coins and buy them. If in doubt, it is better to choose another coin, because there are a lot of coins, the choice is large. But we must remember that risk can pay off and a risky investment can bring profit.

I think top coins are good choice if you doubt to choose project, especially new project.
I didn't like invest in new project, because I think better invest in old project.
More safe and also reduce the loss.
But It depends on your knowledge.