Tokens, Their Real World Use And How To Spot Them.

[Mega Mind]

As a crypto trader what seems to always attract us to certain projects asides the price actions of coins when they moon is the plans of the project to maybe do a major activity or event. I could remember back then when Elon was about to be hosted on a radio program and everywhere went haywire, the phrase in crypto "buy the rumour sell the news" came to full play and the price of DOGE went so high it hit an ATH. That is an a good example. But the most important thing is a token that lasts longer. Everyone starts to use it just like BTC.

As a trader and active participant in the crypto space, I came across VeChain, which is not a new token in the crypto setting, but aside the fact that it focus on business track and manages their products caught my attention. What do you think about this project, has anyone seen it lately too I you have anyone in your rader, you could also share to and how we can spot them.

[0t3p0t]

Well I personally invested in VeChain a couple of years ago maybe that was 2018 I think and I also like it's narrative to be honest. For me VeChain is an underrated coin or project but I know one day investors will see it's worth.

[Aanuoluwatofunmi]

In making selections for the best token to go for, we need to be more careful because they can sometimes present to is some unrealistic expectations in which we may also fall in for and go for them, once a project is appearing too good to be real, then it's likely not to be real as thought, we can't deny the useful implications of some of these tokens and their various applicable areas for investors satisfaction.

[yhiaali3]

As for the issue of “buy rumors, sell news,” this is what happened yesterday, as rumors appeared about the approval of the Ethereum ETF, and whales began buying large amounts of Ethereum, which led to the price rising. Then they sold later and the price dropped.

As for the VeChain project, it is a very good and old project that has proven its presence strongly among the major coins, but in my opinion, it does not receive sufficient support or it was not promoted well by the work team. The project is old, but so far it has not achieved the expected success.

[TomPluz]

Honestly speaking, it is so difficult to make sure that the coin or token you are supporting will eventually make it to the top. Yes, we can look at the many things the team behind the project will be doing most especially as presented in the roadmap and of course we can look at the integrity and capabilities of the people behind the project but then again there is still no assurance of success as there had been well-laid projects that eventually failed to strike a spark in the market  so became just useless and then died. Of course, we have to do our due diligence but it is not enough so sometimes I think that after looking at the good factors to consider we have to wait for some luck. Remember that with so much competition in the market for the same category many project are finding it hard to gain some solid traction and that is why many eventually decided to just let the project float leaving many investors scratching their heads in disbelief.

[robelneo]

I remember they used to have a campaign on Bitcointalk checking on the market it still looks good
In fact.

Bitget Announces Vechain Listing with $37,750 in Rewards it still a coin with good potential in the market

And

VET surged by 30% to $0.04664, following the team's announcement that the Account Abstraction feature is now live on VeChain

.

There are a lot of great things to come on this project as long as the developers are dedicated to completing their roadmap and getting the coin moving in the market.

This is the first time I have looked closely at this coin, and I think it has good potential and is worth adding to one's portfolio.

[jeraldskie11]

Yeah, I still remember those days. The whole crypto space were shocked and can't believe that it's really possible. This only means and a proof that a fundamental analysis is really working in trading, not only technical analysis. If you barely check the forex factory about the news like CPI and then you check at the chart by the time the CPI was occur you can see a big volume mostly the price goes down. I know that it still working to trade using only the price action but it really increase the probability when you apply the fundamentals in your trade.

[Vx1]

Well I personally invested in VeChain a couple of years ago maybe that was 2018 I think and I also like it's narrative to be honest. For me VeChain is an underrated coin or project but I know one day investors will see it's worth.

Was VeChain price still low in that year, friend, if you compare it to now, how many percent has it increased?!  2018 until now has been approximately 5 years, you should have made a profit. 
But unfortunately I don't know this coin very well, and I also didn't have time to invest in it.