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Author Topic: information is power  (Read 18626 times)

Offline Aanuoluwatofunmi

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Re: information is power
« Reply #45 on: January 02, 2024, 04:42:15 PM »
When we lack information, we lack power because that alone will lead us to making a serious mistake we could have avoided, we also don't have to be too relented from getting updates, we have to know about almost everything that is happening around the cryptocurrency network and keep to them, maybe if so many had been this well informed, they wouldn't have been deceived to scam.

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Re: information is power
« Reply #45 on: January 02, 2024, 04:42:15 PM »

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Re: information is power
« Reply #46 on: January 03, 2024, 07:00:57 PM »
The thing is some people are not smart enough to determine when a coin is being pump or not sometimes they felt they are in profits while running in series of lost. What makes us a real investors is to be able to designment spirit or being alert at all times to be able to sell out really matters alots, sometimes we need to be active in some of the community we go information from otherwise one could be left out of information and his token or coin dump severely on them.

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Re: information is power
« Reply #47 on: January 04, 2024, 12:28:05 AM »
When we lack information, we lack power because that alone will lead us to making a serious mistake we could have avoided, we also don't have to be too relented from getting updates, we have to know about almost everything that is happening around the cryptocurrency network and keep to them, maybe if so many had been this well informed, they wouldn't have been deceived to scam.
Scams are unfortunately common nowadays, affecting not only newcomers but also anyone, including the average person. The reason many people fall victim to scams often boils down to greed and selfishness. There's a saying that if something sounds too good to be true, it probably is. Many overlook the fact that numerous new projects launched daily may be orchestrated by scammers solely seeking profits. In the end, individuals might find themselves holding worthless tokens or coins and falling victims of pump and dump scheme, a well known strategy employed by scam project managers. To steer clear of such situations, it's important to invest only in well known and established coins or tokens. Avoid assuming profits from tokens that might ultimately result in losses, Staying vigilant and choosing wisely can help safeguard against falling prey to scams in the volatile world of crypto investments.

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Re: information is power
« Reply #48 on: January 04, 2024, 11:24:36 AM »
When we lack information, we lack power because that alone will lead us to making a serious mistake we could have avoided, we also don't have to be too relented from getting updates, we have to know about almost everything that is happening around the cryptocurrency network and keep to them, maybe if so many had been this well informed, they wouldn't have been deceived to scam.
Indeed. Without having good information, we will have no power to understand the situation. We probably follow the pump or dump due to the hype only, it is not according to deep analysis. This is very risky in crypto industry, this may lead to the trap made by market manipulators. We also have no power to determine scams or real projects if we have lack of information.

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Offline Gladitorcomeback

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Re: information is power
« Reply #49 on: January 04, 2024, 02:00:04 PM »

Indeed. Without having good information, we will have no power to understand the situation. We probably follow the pump or dump due to the hype only, it is not according to deep analysis. This is very risky in crypto industry, this may lead to the trap made by market manipulators.

Indeed it is beauty of crypto. Most of people joining crypto reason is just a high volatility or in other world pump and dump. One good news will pump coin more than 2x and same with bad news also. It's hard to guess the real pump and just manipulation but we have to trade wisely and try to understand the whales games to make profit in this up and down.

Crypto is working with news more than just analysis. BTC was trading around 42k, News comes out that ETF will be approved in start if journey BTC pumped to 45k. After 3 days news comes out that SEC will reject all ETF ,BTC dipped down to 40k.
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Re: information is power
« Reply #50 on: January 05, 2024, 12:43:15 AM »

Indeed. Without having good information, we will have no power to understand the situation. We probably follow the pump or dump due to the hype only, it is not according to deep analysis. This is very risky in crypto industry, this may lead to the trap made by market manipulators.

Indeed it is beauty of crypto. Most of people joining crypto reason is just a high volatility or in other world pump and dump. One good news will pump coin more than 2x and same with bad news also. It's hard to guess the real pump and just manipulation but we have to trade wisely and try to understand the whales games to make profit in this up and down.

Crypto is working with news more than just analysis. BTC was trading around 42k, News comes out that ETF will be approved in start if journey BTC pumped to 45k. After 3 days news comes out that SEC will reject all ETF ,BTC dipped down to 40k.

I think volatility can be our friend as I have said, but that is if you know how to take advantage of it just. But pump and dump is very different though and I'm not sure if it is applicable to bitcoin market. For me it can only be applied to those altcoins that are way below the rankings as clearly groups can take advantage of them and put a pump and dump signal to make money for them and for their members.

Bitcoin is very hard, even if there are whales, you will need billions just to move the market in your favor.

The need the help of media to really move the market, in my opinion.

Offline Asiska02

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Re: information is power
« Reply #51 on: January 06, 2024, 10:11:04 AM »
When we lack information, we lack power because that alone will lead us to making a serious mistake we could have avoided, we also don't have to be too relented from getting updates, we have to know about almost everything that is happening around the cryptocurrency network and keep to them, maybe if so many had been this well informed, they wouldn't have been deceived to scam.

Information they say is the key to success and without the right information you won’t be able to make it in life. This is not only secluded to bitcoin or cryptocurrency alone but also in our everyday life. Pump and dump are mostly seen in cryptocurrencies but if you don’t know when it is happening, you’ll miss out big time on them and you’ll be left behind. A crypto project that is receiving the hype at a first time and see it going up, it is worth participating at that time because sooner or later, it will start going sideways which will make you feel deserted and miss out.

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Re: information is power
« Reply #51 on: January 06, 2024, 10:11:04 AM »


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Re: information is power
« Reply #52 on: January 06, 2024, 05:50:21 PM »
Knowing about a particular subject takes a person to another level. Every person needs to know a lot regardless of the profession he is engaged in. We call those who teach as teachers but teachers have categories. Some teachers teach primary students, some teachers are college lecturers, some teachers teach universities, and there are some teachers who train students as engineers or doctors. Similarly we know various facts but there are many differences between them. There is a class of people who know a little and think they know everything on the contrary there are people who try to learn the same subject over and over again and each time they want to know something new and the more they try the more they learn about that subject. So we need to know first whether it is teding investment or any other reason but we need to know and try to know.

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Re: information is power
« Reply #53 on: January 06, 2024, 06:58:54 PM »
Exactly. It's crucial to differentiate between organic growth and pump-and-dump schemes. Stay informed, do your research, and be cautious to avoid getting burned in the volatile crypto market.
Most people fail in that area and that's why they get burned. Pump and dumps are always going to take place in crypto market but if someone buy without knowing the reason behind a pump then he may end up loosing a lot of money when the coin gets dump again.

It's always better to do your own research before investing in those coins that are getting pumped. Sometimes if you're lucky and you buy a positing during the starting of the pump then you may earn good profits within hours but still its quite risky think and one should avoid it at any cost.
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Re: information is power
« Reply #54 on: January 28, 2024, 06:34:07 PM »
The thing is some people are not smart enough to determine when a coin is being pump or not sometimes they felt they are in profits while running in series of lost. What makes us a real investors is to be able to designment spirit or being alert at all times to be able to sell out really matters alots, sometimes we need to be active in some of the community we go information from otherwise one could be left out of information and his token or coin dump severely on them.
You can never know if a coin is been pumped, if not the people buying this coins will take profit quick, and might not run at loss but the dev will because you already know his scam tricks. This is why it is very important for you to make proper research on the coins that you want to invest in. A coins that has last long in the market and has a good value is good to invest in, as long as it has a big market volume.

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Re: information is power
« Reply #55 on: January 28, 2024, 07:06:01 PM »
This present days scammers all have their own ways of doing things and the interesting thing is that they can make things look real even when they are scam.
However, most shitcoins are generated by them but we just have to be watchful or, I will say mindful of the kind of coins we buy so we don't end up being frustrated at the bottom of it, when I mean bottom i mean time to get profits of what we have invested in.
However it is very hard to know the type of coins that will generate a good profit when it just arrive but with a little time that one can have he will get to know them because by then a lot of people might have been say things about the coins and the person will also be making his or her own research.

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Re: information is power
« Reply #56 on: February 02, 2024, 06:52:01 PM »
This present days scammers all have their own ways of doing things and the interesting thing is that they can make things look real even when they are scam.
However, most shitcoins are generated by them but we just have to be watchful or, I will say mindful of the kind of coins we buy so we don't end up being frustrated at the bottom of it, when I mean bottom i mean time to get profits of what we have invested in.
However it is very hard to know the type of coins that will generate a good profit when it just arrive but with a little time that one can have he will get to know them because by then a lot of people might have been say things about the coins and the person will also be making his or her own research.
One of the main challenges that you would really be able to encounter is on the time that you cant really be able to easily be able to distinguish about those shit projects to those legit ones.
This is why you would really be needing to make those in depth research before making some investment decisions. In regarding about those pumps then it would really be just that depending on you whether you would really be trying to catch it up or would be skipping out. This is where you should really be that careful on making such decisions because once you do put up
yourself into the peak then this is where you would be putting up yourself on such possibility that you might be ending up on getting caught by the dump which would be leading
for you to hold up for long time.

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Re: information is power
« Reply #57 on: February 02, 2024, 08:13:18 PM »
This present days scammers all have their own ways of doing things and the interesting thing is that they can make things look real even when they are scam.
However, most shitcoins are generated by them but we just have to be watchful or, I will say mindful of the kind of coins we buy so we don't end up being frustrated at the bottom of it, when I mean bottom i mean time to get profits of what we have invested in.
However it is very hard to know the type of coins that will generate a good profit when it just arrive but with a little time that one can have he will get to know them because by then a lot of people might have been say things about the coins and the person will also be making his or her own research.
One of the main challenges that you would really be able to encounter is on the time that you cant really be able to easily be able to distinguish about those shit projects to those legit ones.
This is why you would really be needing to make those in depth research before making some investment decisions. In regarding about those pumps then it would really be just that depending on you whether you would really be trying to catch it up or would be skipping out. This is where you should really be that careful on making such decisions because once you do put up
yourself into the peak then this is where you would be putting up yourself on such possibility that you might be ending up on getting caught by the dump which would be leading
for you to hold up for long time.
Investors are always required to weigh their decisions before executing any transactions.  In certain market conditions, cryptocurrency behaves differently, but I never try to take risks with little-known projects, even the most hype ones.
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