Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bayu7adi on July 30, 2024, 01:40:03 AM
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
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...so do you really read it every time you invest??? What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
I do not usually read the whole Whitepaper but just rely a lot on some form of summary and some opinions on it from other supporters of the community built for the project. And I am sure that many of us are also doing the same thing. I know this is not a good practice and if one is really investing big amount of money on a certain project then I am sure he would be investing time to read the whole thing but because I am just a very small investor I don't do it anymore. Now, we should understand that it would be so easy to put up a Whitepaper as that can be outsourced anytime to anyone just for some bucks...but then again without a Whitepaper it can be creating some doubts on investors and supporters.
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Back in the days where things are very interesting, the ICOs were paying good either in bounty campaigns and early pumping of its price, reading white was nice because everything is new and users are on the look out of good concept.
Today, every blockchain project been laid already and new concepts are just revival of the old scams. Nothing is interesting to read but all hypes.
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I doubt that most of us read the white paper of the project, most of us just read some important paragraphs or just read a summary or a general idea about the project.
In fact, with the proliferation of projects appearing in the world of crypto and with the wave of fraudulent ICOs in 2017, I think that most people are no longer interested in reading the white paper, because simply any professional fraudster can write a fraudulent white paper with high professionalism, or steal it from another project with some modifications.
In my opinion, the biggest factor for investing in projects has become primarily dependent on the extent of media hype on social media or listing on major exchanges.
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My important point before engaging with them (besides I have to make sure first whether there are any indications of plagiarism and fake) is to measure how good the innovation of the project they describe in WP. I personally divide it into 3 categories of innovation: variant, alternative-critical, and ordinary (not innovative). Of course this is a subjective assessment, the better your experience, the more accurate your assessment, the lower your risk.
Funnily enough, regarding my profession as a translator, in the end I have to read the entire WP content and present it back to the local language as simply as possible.
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Investing is about searching for value and it differs from short term investing where you will look for reasons that may lead to a price increase in the short term and in this case variables such as news, technical analysis are more useful than reading the white paper or searching for Development and vice versa for long term investing.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
For coin which has been around for long time, sometimes i don't read it. The whitepaper usually is outdated and doesn't reflect and change/update made on the coin.
What are the points you look for in the whitepaper that are most important???
It's good question, but it's hard to answer it. After all, content of whitepaper very varied between projects. Many whitepaper shows general explanation (such as coin distribution, roadmap and how the funding money used) while few others only show technical whitepaper which is difficult to understand.
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Investing is about searching for value and it differs from short term investing where you will look for reasons that may lead to a price increase in the short term and in this case variables such as news, technical analysis are more useful than reading the white paper or searching for Development and vice versa for long term investing.
Yes! if I look for a long-term run with a project, I will read it's whitepaper whatever its size may be (or shrink it to main points, at least).
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
This is a very interesting topic actually because Whitepaper is something that also needs to be considered before investing on the project, however going through a project Whitepaper is just like conducting a research about that project because is from the Whitepaper all the information about the project are listed, so the reason why is good for someone to really check is because there are project who offers things that may not attract clients in the future which automatically means that there future is not certain so from there the person will know what they are out for, so actually is very important for someone to follow up the Whitepaper before investment.
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Nah, I don't really read that long boring things developers are writing on their projects but instead get the most important use case on it as we all know that most projects has to highlight what is unique on their project compared to others and that is what I did on it.
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Time for reading whitepapers for different projects is gone long time ago, and today anyone can write anything or hire someone to do this work for them.
Bitcoin whitepaper is not long and this is something everyone should read, you wont find any false promises there.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
To be honest, I haven't read the white paper of a large part of the projects and crypto coins I have invested in so far. However, it is true that to analyze a project, it is very important to observe their Whitepaper carefully. Many times, by reading the white paper, you can understand how the project is going to be and where the projector has weaknesses.And with that a final decision can be made to make the investment. Moreover, in many cases, it has been seen that the project is a scam, it can be understood by reading their white paper, such as scam projects, white paper plagiarism is mostly caught.
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These say investors do not bother too much about whitepaper because most of them are plagiarised. On several occasions projects launched on the other platform with plagiarised whitepaper and they did not bother editing our obtaining permission not to talk of citing the author or owner of it. Besides one can just write anything they feel like writing as long as it is convincing and they have team and influencers to the remaining work for them that's all.
People do not bother about whitepaper anymore but some how they pick interest in the team members and their portfolios to see their past projects and the outcome.
Off lately, most of these telegram tap to earn games launched without whitepaper and they gained so many followers who invested their time and tapping and engaging in other activities of the projects without minding the risk involved and the possibility of such project seeing the light of the day. So I really do not think to an extent whitepaper matters these days as criteria for an investor time, funds and engagements in a project.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Reading up WP on the time or moment that you would really be making some decisions on investing on a particular project then it would be something that recommended so that you would be able to know on what the project is all about and its plan or simply all the information about it. If you do found that it is really that having that unrealistic goals then this is the time that you could say
that it isnt really that worth to invest or something that you would really be that skeptical. Although nowadays majority of people doesnt really mind up about reading up WP
specially on dealing up with meme coins on which they would really be just tending to throw out their bucks.
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Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.
I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.
Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.
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Although nowadays majority of people doesnt really mind up about reading up WP
specially on dealing up with meme coins on which they would really be just tending to throw out their bucks.
In fact, for potential memecoin investors I feel they don't really care about WP.. even the team from the related project often doesn't make WP for their project... that's because of many strange reasons that we can already see, namely the team wants to remain secret and meme coin doesn't have a special business presentation... so it's more compact with just a website accompanied by a roadmap and tokenomic info....
my opinion is, meme coin investors, more than 50% ignore the whitepaper... and only rely on hype and luck to really make a profit. So WP for the memecoin community is not as important as WP in general... even though it exists, I'm sure only a few people are interested in reading all of its content.
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To be fair it doesn't matter "that" much for sure, what matters is the community. What matters with whitepaper is that its not some stolen copy paste shit, if that's not the case and its actually done properly, then the content doesn't matter, what matters only is the fact that they actually did write it and not just stole it. After that point, what they say will be said on twitter or other places anyway, for Satoshi the white paper for bitcoin was something like a manifesto, wasn't really required, he just wanted to explain to people what it was. We don't need that now, communities develop by itself.
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I rarely read whitepapers carefully. I usually use AI to summarize them. I don't think I've ever read one thoroughly before.
I know the summary won't be detailed, but reading it carefully would waste my time, and understanding everything isn't even guaranteed.
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I rarely read whitepapers carefully. I usually use AI to summarize them. I don't think I've ever read one thoroughly before.
I know the summary won't be detailed, but reading it carefully would waste my time, and understanding everything isn't even guaranteed.
Actually, whitepaper is used to find out the project or product they are developing, so that way investors and those who want to contribute to this project will know how the future of the project being developed is and make investors able to decide how much money they want to use to invest. Bitcoin when it was first launched also only started from a whitepaper designed and published by Satoshi Nakamoto so that many new developers tried to follow what Satoshi Nakamoto had done.
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I prefer to invest on existing project which I do not bother to read their whitepaper. If I can remember very well, it was only bitcoin that I read its whitepaper and not that I read it all but I glanced through it. I think people that are investing in new projects will prefer to read whitepaper of the project they want to invest on.
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I prefer to invest on existing project which I do not bother to read their whitepaper. If I can remember very well, it was only bitcoin that I read its whitepaper and not that I read it all but I glanced through it. I think people that are investing in new projects will prefer to read whitepaper of the project they want to invest on.
For existing old projects or coins, it is not necessary... history has provided the most accurate data and we can measure the growth of the project from what they have achieved... and this is real, not a plan... meaning the data we get is valid.. not a newly thought-out roadmap that could experience changes in the future...
WP is only important for new projects, and only a few people read it in its entirety... it is really a boring, dense text... because basically investors prefer real action, rather than overly high planning.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
I'll look for uniqueness and usecase of the project based on what's written in the whitepaper, so many projects were exposed because copied whitepaper becaus eits not easy to create a whitepaper because it detailed all the information about the project.
Projects should have a whitepaper because if there's none its not a long term project and likely to rely on shill and hype.
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Nah, I don't really read that long boring things developers are writing on their projects but instead get the most important use case on it as we all know that most projects has to highlight what is unique on their project compared to others and that is what I did on it.
Yeah there use case is also very important because just like you there are also people who find it very difficult in reading every bit of the whitepaper because is very time consuming for them so instead they only target for their use case because that is the key factor to consider and after knowing it someone can easily know if they will have a good potential or not because just like you said every projects tends to bring something new that's far different from other projects and that's very unique because those are the things that would also motivate someone to buy. However I noticed that most of the projects that focuses on Technology mostly do well.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
I'll look for uniqueness and usecase of the project based on what's written in the whitepaper, so many projects were exposed because copied whitepaper becaus eits not easy to create a whitepaper because it detailed all the information about the project.
Projects should have a whitepaper because if there's none its not a long term project and likely to rely on shill and hype.
Yeah I am also doing the same as use cases was the only thing that pushes the value of the said project in the future if it has something potential but if not then that will surely be a shit project and tokens that is why it is important to understand the true intent of a specific project by understanding the use case.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
There are many things to be analyzed in the whitepaper. The first thing is to know whether the whitepaper is genuine or not. If it is copy-paste whitepaper or fake whitepaper, kindly avoid to join the project because it must be scam projects. Usually, in the whitepaper, I learn the information about the the products, team information, the strategy to develop the project, listing plans, roadmap, etc.
I can join the project with no whitepaper if they are already listed in top exchanges. :D
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It depends on whether the authors had written their whitepaper carefully.
You can't expect people to study a memecoin whitepaper written by duds.
If it was a whitepaper written by an expert like Satoshi Nakamoto, then that is something worth researching and even scientifically elaborating on, because they genuinely mean the project to be a serious thing and not a cash grab. Nobody takes cash grabs seriously.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
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To be honest i usually don't read the whole whitepaper because i read many project whitepapers before and didn't really match. But a clear whitepaper attracts investors because many believe it. There are many projects that do binance exchange tag and whitepaypar also have binance tag but in many cases they resort to lies. But it should be very clear and promising, otherwise a doubt may be created among the investors.
Again there are many scam projects who steal the whitepapers of other projects and try to conduct the scam accurately. Follow their social channels to get more accurate information about the project, if their posts match the content presented in the whitepapers then it should be understood that the project is progressing properly. But if the whitepaper is plagiarized it's hard to understand quickly so spend a lot of time.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆
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I read Bitcoins or atleast most part of it if it's not complete but I don't think I never gave importance to white paper of other cryptos since most of them were copy paste of other existing projects or too technical that I am aware of it.
And it's not necessary to read white paper but you must have fair idea of what is it about that gives you chances of deciding your investment strategy.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆
Yeah, it's not done nowadays, usually ;D
And it can end up badly, but needs further analysis in order to get something worth noting from the document.
It can either give you the answers needed or a lead how to get them.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆
Yeah, it's not done nowadays, usually ;D
And it can end up badly, but needs further analysis in order to get something worth noting from the document.
It can either give you the answers needed or a lead how to get them.
Yes, such thing at times is usually overlooked, although it might possess certain crucial information. White papers are very crucial in new projects, and they are useful in the cryptocurrency and blockchain technology. Whitepapers contain all aspects of the project including vision, goals, technological solutions as well as time-line. This is the information that can be utilized by the possible investors and users and it will help them to know on how the project is likely to operate, the problems being tackled and the solutions proposed. According to it, the general population will have a little of difficulty distinguishing between the reality and the fake for a project where there is no an elaborate whitepaper. Therefore, it can be stated that whitepaper is one more important instrument that may assist in the examination of the possibility and prospects of the project.
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I used to glance through whitepapers back during ICO days (2016-18), so much technical jargon that I didn't understand and bla-bla stuff they were going to achieve, which they never did, almost none of those projects exits right now.
So now, I don't really care even iota about reading wps, if you have already a product that user can use, I'd give it a try and that's it, I would judge project based on that.
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I used to glance through whitepapers back during ICO days (2016-18), so much technical jargon that I didn't understand and bla-bla stuff they were going to achieve, which they never did, almost none of those projects exits right now.
So now, I don't really care even iota about reading wps, if you have already a product that user can use, I'd give it a try and that's it, I would judge project based on that.
Yeah, it may be also full of that - as pieppiep mentioned, it can also be used by potential investors, and those people are all in for something that main portion of the users won't read into ;D
Your way is not bad as well, but it would be really nice if a white paper of the project could be beneficial and informational for everybody who reads it.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Absolutely , I think most in cryptocurrency are familiar with the terms white papers . White paper consist of every important information about the project for example roadmap, about ,social media, presale and lot more . So many just glance through the white paper but it is very advisable to read at least to pages with consciousness from the white paper to know more knowledge about what you are trying to invest in .
But all necessary information are Always compiled in the white paper .
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Your question is not strange but understandable, that one needs to know about the whitepaper in crypto currency, it contains all the information about the project. listed, so the reason why it is good for one to really check is because there are projects that offer things that may not attract customers in the future which automatically means that the future is not certain so before investing we have to white One has to walk by looking at the paper.
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Your question is not strange but understandable, that one needs to know about the whitepaper in crypto currency, it contains all the information about the project. listed, so the reason why it is good for one to really check is because there are projects that offer things that may not attract customers in the future which automatically means that the future is not certain so before investing we have to white One has to walk by looking at the paper.
Most people will not bother to read the whitepaper when they buy any cryptocurrency because they do not even know that one exists. Because most of the times, they are buying coins on some website or app such as an exchange, and nobody even markets to them that the coin in question has a whitepaper that you can download and read, among other things.
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Your question is not strange but understandable, that one needs to know about the whitepaper in crypto currency, it contains all the information about the project. listed, so the reason why it is good for one to really check is because there are projects that offer things that may not attract customers in the future which automatically means that the future is not certain so before investing we have to white One has to walk by looking at the paper.
Most people will not bother to read the whitepaper when they buy any cryptocurrency because they do not even know that one exists. Because most of the times, they are buying coins on some website or app such as an exchange, and nobody even markets to them that the coin in question has a whitepaper that you can download and read, among other things.
Some exchanges have 'details' page that lists what the word implies and wp can be found there. Plus, reading wps and such stuff comes under 'research' phase, and it's buyer's responsibility to go through project insides and find everything pertaining to it whether exchange lists project information or not.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆
Yes, it's very risky indeed if we don't do our research and not read the whitepaper of the projects that we wanted to invest too. But I will agree that there are investors who just buy in because of the FOMO and we can't blame them for that. That has been the case for many years and it's really like gambling for some of them.
So it's really a must for us to read the whitepaper in my opinion. If might not take us time to read it, and so we should and not be just blindly invest on project just because others are into it.
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Yes, it's very risky indeed if we don't do our research and not read the whitepaper of the projects that we wanted to invest too. But I will agree that there are investors who just buy in because of the FOMO and we can't blame them for that. That has been the case for many years and it's really like gambling for some of them.
Doing research is very important for investors because that would guide them through to having knowledge and idea about their investments and expectations as well. Whitepapers are just a guide to a project roadmap and what the project stands for. White papers can sometimes be altered and yes I have witnessed projects that did such, their whitepaper was altered and some did very well upon listing and some still working.
Jumping into an investment through FOMO can be very risky you know. Sometimes it favors investors and sometimes, the reverse is the case. I have come to realize that sometimes, somethings just needs to happen so that a trend can keep going on and that is the case of a FOMO and others that happens. This occurrences just needs to keep replaying on and on for the system to keep going. It is natural I must say that is why you see most incidence keeps on repeating itself on and on and it is very difficult to stop because there are always some key players who ignites such and they also benefit from it and others who are lucky to decipher such situations and take advantage of the process.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
I used to spend a lot of time reading and translating Whitepapers during the bullruns 2017 and 2021 because I believed in the solutions offered by crypto/blockchain projects. However, currently, I often refer to assessments from professional fundamental analysis teams. They read the WP and share their knowledge with everyone.
I think many projects now have similar solutions, and the Layer-2 trend is a good example. Therefore, sometimes the solution itself is not the most important factor in driving token price. A transparent team, strong backing, effective marketing, and trends play a more significant role in my investment decisions when entering the market and buying ALTS.
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To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.
This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆
Yeah, it's not done nowadays, usually ;D
And it can end up badly, but needs further analysis in order to get something worth noting from the document.
It can either give you the answers needed or a lead how to get them.
Sometimes some people do not really see the need to go through the process of reading that long white paper for some reasons, despite it being an important aspect of the project that offers the investors guidance and information about the project. I have a friend who complained about feeling very reluctant about reading white papers because most of these projects don’t usually keep to what they say in their white papers and roadmaps. Especially these shitcoin projects, they’ll say lots of things in their white paper and roadmaps but you’ll barely see projects that actually keep to their word, and I think this is actually true, they’ll say a lot of things just to attract investors and along the line, they’ll end up doing something else.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
I agree with you, they should have all of that because it can be a picture of their journey and also this can be something that shows that they are serious in running the project they are building. Although there are also projects that have it completely but they become fraudulent projects in the end. Usually their journey will be in accordance with the roadmap they have prepared. If they deviate from the roadmap they have prepared once, it will create a little problem especially for the community that has followed them from the beginning because usually people will be disappointed and will eventually leave the project. Unless they have a clear and strong reason, and they can be responsible for the roadmap not being on time.
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Reading a project's whitepaper is cool, but to be honest so many projects tell lies in their whitepaper, they talk about things that they can never achieve, so as to get the hopes of investors high and coerce them to spend their money on the coin, sometimes the whitepaper can even be plagiarized. My point is just that reading the whitepaper alone is not enough, go deeper into research.
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I only read bitcoin's whitepaper lol. The rest i just go to there websites and read some infornation regarding the coin/project, its use case, community, etc.
For most, no need to read these papers, just check the project's community, their info and you can decide wether they are good to invest which usually not.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
A good project must have a good whitepaper. When a legitimate project launches on a crypto platform, they outline their road map and future plans in that paper. But I can't always make a decision by looking at the whitepaper. Because there are many crypto projects that copy whitepapers and never actually implement according to the paper. Due to which many people find it difficult to have the patience to read that paper. I focus on certain aspects of any new project investment. I have seen all the scam projects try to make the white paper look good to build their trust with the common people.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
A good project must have a good whitepaper. When a legitimate project launches on a crypto platform, they outline their road map and future plans in that paper. But I can't always make a decision by looking at the whitepaper. Because there are many crypto projects that copy whitepapers and never actually implement according to the paper. Due to which many people find it difficult to have the patience to read that paper. I focus on certain aspects of any new project investment. I have seen all the scam projects try to make the white paper look good to build their trust with the common people.
That's what makes me believe more in old coins than new coins, because many whitepapers are just copying from old projects. This is a scam that exists in new projects. Because in doing research choosing a new project is not only studying the whitepaper, but there are still many things to learn when doing research.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
A good project must have a good whitepaper. When a legitimate project launches on a crypto platform, they outline their road map and future plans in that paper. But I can't always make a decision by looking at the whitepaper. Because there are many crypto projects that copy whitepapers and never actually implement according to the paper. Due to which many people find it difficult to have the patience to read that paper. I focus on certain aspects of any new project investment. I have seen all the scam projects try to make the white paper look good to build their trust with the common people.
A professional will definitely know whether it is an original whitepaper or a copy of another project, therefore we must be careful and check it. For those who are new to the world of crypto investment, it is better to join the investor community to find important information about this. What is certain in Cryptocurreny is that once there is fraud, be careful with our money so that it does not disappear in vain.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
A good project must have a good whitepaper. When a legitimate project launches on a crypto platform, they outline their road map and future plans in that paper. But I can't always make a decision by looking at the whitepaper. Because there are many crypto projects that copy whitepapers and never actually implement according to the paper. Due to which many people find it difficult to have the patience to read that paper. I focus on certain aspects of any new project investment. I have seen all the scam projects try to make the white paper look good to build their trust with the common people.
A professional will definitely know whether it is an original whitepaper or a copy of another project, therefore we must be careful and check it. For those who are new to the world of crypto investment, it is better to join the investor community to find important information about this. What is certain in Cryptocurreny is that once there is fraud, be careful with our money so that it does not disappear in vain.
Do you have a link to an investor community group so I can join them? Because I am also interested in being able to learn and invest in new projects, because new projects are more profitable but I don't have much ability to do research on new projects. Studying whitepapers, to distinguish whether it is original or just copying other people.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Firstly to answer your question , I'll give you a No. The reason is simple I really don't have much of altcoins as hodlings plus I use almost only bitcoin for my transactions except in few cases where I make use of stable coins like USDT. Personally I've glanced through the bitcoin white paper a couple of times and thats because I'm more of a bitcoiner.
For the case of altcoins and tokens, I believe if people that lose from them were to read through most of their white papers , chances have it that they wouldn't even invest in them in the first place. Most pump and dump coins really don't have an authentic white paper some are sometimes edited clones of other white papers and this is mainly because most of them don't really have a core motive rather than to scam the unaware.
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For the case of altcoins and tokens, I believe if people that lose from them were to read through most of their white papers , chances have it that they wouldn't even invest in them in the first place. Most pump and dump coins really don't have an authentic white paper some are sometimes edited clones of other white papers and this is mainly because most of them don't really have a core motive rather than to scam the unaware.
It can be agreed that WP is an element that must be there but does not have to be read... I am also sure that whitepaper does not have a big influence on price, because I have read many beautiful and detailed whitepapers, but that is never a guarantee of success... but for some projects that do not have a whitepaper, it is actually a big problem... because it is seen as a project that has no intention.
Previously, I often read whitepapers that were part of the analysis, and it was really nonsense. Because most of them cannot run according to the whitepaper and even tend to change the direction of their business model.
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Reading a project's whitepaper is cool, but to be honest so many projects tell lies in their whitepaper, they talk about things that they can never achieve, so as to get the hopes of investors high and coerce them to spend their money on the coin, sometimes the whitepaper can even be plagiarized. My point is just that reading the whitepaper alone is not enough, go deeper into research.
Many project sell lies just to get investors and their funds. I have seen in many cases on the other platform where projects were called out for plagiarism and they got their account banned and it happens that most of them failed to edit their whitepaper and it was a word for word thing without omission.
After doing this, you see them start adjusting their whitepaper from time to time because they never prepared their whitepaper themselves but rather, a copy of other project and in some cases, they abscond with investors funds when they realize what they are claiming to offer is unrealistic.
This is the reason why I do not bother much about reading whitepaper because what they have there in most cases are unrealistic compared to what they offer. I Just don't bother but looking into the team and their background to get more clues about them. I have also witnessed projects that did not start with whitepaper but were able to achieve their goal to 80% before they finished their whitepaper for the public and their investors to get hold of.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
A project consists of large whitepapers with details that require a lot of time to read completely. Perhaps a pro trader and analyst wears them very carefully. But I have very little experience reading whitepapers and then investing in a coin. This is because I only invest in top coins that are already very popular. I have very little experience investing in new coins. But when I invest in any new coin I follow their roadmap. And one thing to keep an eye on is whether they are able to do everything successfully according to their Roadmap regularly
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I'm willing to bet that nobody does!
If the SEC would launch another test like the Howey coin I think they could prove that you could say in the whitepaper coin would be used by terrorists and that it's designed so that after you ruchase some all are returned to the developers and you have no way of owning one and people would still try to buy and trade that thing!
Those whiteapers have become something that all garbage projects can have and that serve no purpose whatsoever anymore!
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I only read bitcoin's whitepaper lol. The rest i just go to there websites and read some infornation regarding the coin/project, its use case, community, etc.
For most, no need to read these papers, just check the project's community, their info and you can decide wether they are good to invest which usually not.
Unlike those times when project Whitepaper were do considered to be red flag, without it your project might be called a big scam and many of them were forced to provide one, even if you try to plagiarized it, you will be caught and still shame from trying to do short cut but today, all of those stuffs doesn't matter again as people don't give priority to them again.
Some of them.are even lazy, yet just create a doc page to provide little knowledge about their project, no much info about the project and they still get a lot of investors. In fact, many of them doesn't have this doc that are been rewrite over and over again and people rush to invest into such projects, a lot of have change in the crypto space.
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I realized that I haven't in a long time and I can say that its going to be something that is taking a long time and I think we are going to not need it for a long time neither. I believe that its not really that profitable and I think we should be considering this as something that will take a long time for me to get hyped about one enough to read it. I haven't read anything like that for a long time, because I do not feel like we are going to end up with anything that will take a while and maybe because of that we are going to see this becoming something that will take a while. I think its not really that crazy at all to think they are mostly fail projects so why would I read it.
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A good cryptocurrency project must have a clear whitepaper, neatly arranged and provides a promising roadmap. If there is none, then we must be careful if we want to invest in a cryptocurrency project. Because I think it is very important, and of course many investors are looking for it.
A good project must have a good whitepaper. When a legitimate project launches on a crypto platform, they outline their road map and future plans in that paper. But I can't always make a decision by looking at the whitepaper. Because there are many crypto projects that copy whitepapers and never actually implement according to the paper. Due to which many people find it difficult to have the patience to read that paper. I focus on certain aspects of any new project investment. I have seen all the scam projects try to make the white paper look good to build their trust with the common people.
A professional will definitely know whether it is an original whitepaper or a copy of another project, therefore we must be careful and check it. For those who are new to the world of crypto investment, it is better to join the investor community to find important information about this. What is certain in Cryptocurreny is that once there is fraud, be careful with our money so that it does not disappear in vain.
Do you have a link to an investor community group so I can join them? Because I am also interested in being able to learn and invest in new projects, because new projects are more profitable but I don't have much ability to do research on new projects. Studying whitepapers, to distinguish whether it is original or just copying other people.
I have but unfortunately the Group is Private, and not open to the public. Only certain people are allowed to enter, and I do not have permission to share it. Maybe you can find another Group and ask your community friends. We do need to find information so that we do not make the wrong decision in crypto investment, and if we do not have the ability to do so then we need to learn from people who already understand it.
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I think its not really that crazy at all to think they are mostly fail projects so why would I read it.
I had a really hard time trying to understand what your post meant, maybe you should review it one more time. However, i'll reply to this excerpt, it is true that most new projects fail and people do not really waste their time reading their whitepaper, they take what they are doing as gambling, so they randomly buy a few new projects to see how lucky they can get, crazy, but people do it.
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I'm willing to bet that nobody does!
If the SEC would launch another test like the Howey coin I think they could prove that you could say in the whitepaper coin would be used by terrorists and that it's designed so that after you ruchase some all are returned to the developers and you have no way of owning one and people would still try to buy and trade that thing!
Those whiteapers have become something that all garbage projects can have and that serve no purpose whatsoever anymore!
THe only time that people would be reading up the whitepaper is on the moment that someone do ask or into the moment that there's something that happened into a certain project.
Usually investors now would really be just that directly make out some investment without even trying out to check on whats the projecti is all about. They might really be just
that trying out to know the very small details on what it is all about and on whats the real utility that it do have. Checking up roadmaps? I highly doubt that this one is also
not really that being checked and people will really bej ust that directly minding and calculating about their potential profits. lol
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
White paper mean shit, sorry to use that word but whitepapers mean absolutely nothing at this point and stage that we are in cryptocurrency, and let me say that right from the beginning, whitepapers were highly overrated, I remember those days when a coin will pump like x500 to x1000 in a day just because the team released a whitepaper, and after six months or less, the project will be completely dead and abandoned.
Many people learnt the hard way not to depend or use whitepaper to estimate or predict the success or failure of any crypto project, many projects that are super successful today started without a whitepaper, while some with the best whitepaper and seemed very promising died barely some months or a few years in this space.
Like I did said before, let me say it again that today, white papers mean absolutely nothing, success or failure of a project can not be predicted through their whitepaper, so I don't read it, there are other factors to look out for to accurately or close to accuracy, predict is a project is worth investing in or not.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap. These days, with the help of hype through media, a project will have millions of investors even without writing a single whitepaper.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
If it is a real project, I think there should be an authentic whitepaper.
Unfortunately, I don't know if we still have real projects. Most projects are scams or weak projects. The developers nowadays don't create long term projects, they create random projects for stealing people's money.
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap. These days, with the help of hype through media, a project will have millions of investors even without writing a single whitepaper.
Agree. Recently, whitepaper and roadmap are just for formality. It is difficult to trust the projects based on whitepaper and roadmap only. The media which have a stronger role now, the hype can be made through the social media accounts. But those hype projects probably end up with failure because they basically have strong fundamentals.
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Whitepapers is very important feature with some project and I read carefully detected any project make cheater by cheating other project whitepaper? Usually when ICO project more hype have many duplicate whitepaper made some project and its very important to know that project good or not in the future. Whitepaper must read carefully if won't loss our investment and know how serious some project before launching to public and get many investors.
One or few paragraph words found cheating I don't have any positive recommended yet and will leave that project, whitepaper is very required have to check and don't blame right now many project use other project whitepaper or cheat to make investor interested with their whitepaper.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
If it is a real project, I think there should be an authentic whitepaper.
Unfortunately, I don't know if we still have real projects. Most projects are scams or weak projects. The developers nowadays don't create long term projects, they create random projects for stealing people's money.
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap. These days, with the help of hype through media, a project will have millions of investors even without writing a single whitepaper.
Agree. Recently, whitepaper and roadmap are just for formality. It is difficult to trust the projects based on whitepaper and roadmap only. The media which have a stronger role now, the hype can be made through the social media accounts. But those hype projects probably end up with failure because they basically have strong fundamentals.
I will have to agree with your opinion here that whitepaper is just for formality and nothing much. Developers know that mostly newbies investors are the ones that ask for it so they just try their possible best to fulfill all forms of righteousness to the eyes of the investors for them to see something to hold onto. Most times such whitepapers does not really contain much details of the project but just some basics for the investors to see and the roadmap too. I prefer looking at the team behind a project than looking at the whitepaper because i see it as not realistic. Although i read whitepaper but not for all project because some projects are just designed by the developers for temporary purpose for them to just run away with investors funds.
Of lately, I have noticed that real projects do not bother with whitepaper but the focus on the project to some certain stage of development before they begin to talk about whitepaper to present to their investors. Merely seeing it, investors do not bother them with whitepaper but to give them the funds they need because they have already seen the vision clearly from the afar. This goes a long way to build trust amongst the team members and foster a good business relationship amongst the investors and the followers of such project.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap.
Whitepapers were widespread back when ICOs were frequent, nowaways ICOs disappeared and so did WPs.
Even back in the day, there were few projects who lived up to what was proposed in WPs, it was just public believing technical jargon written, and giving projects undeserving hype.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap.
Whitepapers were widespread back when ICOs were frequent, nowaways ICOs disappeared and so did WPs.
Even back in the day, there were few projects who lived up to what was proposed in WPs, it was just public believing technical jargon written, and giving projects undeserving hype.
for investors who like new projects will choose to focus and learn from the whitepaper even though in reality the project does not match the whitepaper, we also see many whitepapers that only copy old projects. I don't really focus on new projects unless the project's coins are listed on binance.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
- I'm just simple; the white paper is really important because it's written there about how a coin project will run. Second, of course, we'll also look at its tokenomics. And the team behind the projects. These are just some of the things I base a coin whitepaper on.
If a coin doesn't have a white paper, think about it and avoid it immediately, because the coin will not do well without such a white paper and will probably only make promises to people. Where this is the sign to avoid it for real as an investor looking for investment here in the crypto space.
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Are there still original and authentic whitepapers or do we have copied ideas and copied texts whitepapers and the ones written by AI?
Gone are the days we will say a project will fare well after reading the whitepaper and roadmap.
Whitepapers were widespread back when ICOs were frequent, nowaways ICOs disappeared and so did WPs.
Even back in the day, there were few projects who lived up to what was proposed in WPs, it was just public believing technical jargon written, and giving projects undeserving hype.
for investors who like new projects will choose to focus and learn from the whitepaper even though in reality the project does not match the whitepaper, we also see many whitepapers that only copy old projects. I don't really focus on new projects unless the project's coins are listed on binance.
Yeah, nowadays, it's like that.
For the communities, the whitepaper is a paper for investors mostly, and some terms are just too clumsy and hard to understand.
Some read it, some - skip it.
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I will have to agree with your opinion here that whitepaper is just for formality and nothing much. Developers know that mostly newbies investors are the ones that ask for it so they just try their possible best to fulfill all forms of righteousness to the eyes of the investors for them to see something to hold onto. Most times such whitepapers does not really contain much details of the project but just some basics for the investors to see and the roadmap too. I prefer looking at the team behind a project than looking at the whitepaper because i see it as not realistic. Although i read whitepaper but not for all project because some projects are just designed by the developers for temporary purpose for them to just run away with investors funds.
Of lately, I have noticed that real projects do not bother with whitepaper but the focus on the project to some certain stage of development before they begin to talk about whitepaper to present to their investors. Merely seeing it, investors do not bother them with whitepaper but to give them the funds they need because they have already seen the vision clearly from the afar. This goes a long way to build trust amongst the team members and foster a good business relationship amongst the investors and the followers of such project.
I completely agree that whitepapers are no longer useful in cryptocurrency world. They are mostly made to make new investors feel better but do not provide much real information. Whitepapers may give basic idea of project goals and plans but usually low important details and can be misleading.
To me it is more important to look at team behind project their skills, past successes and commitment. Successful projects focus on achieving milestones before sharing their whitepaper showing progress and building trust.
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I will have to agree with your opinion here that whitepaper is just for formality and nothing much. Developers know that mostly newbies investors are the ones that ask for it so they just try their possible best to fulfill all forms of righteousness to the eyes of the investors for them to see something to hold onto. Most times such whitepapers does not really contain much details of the project but just some basics for the investors to see and the roadmap too. I prefer looking at the team behind a project than looking at the whitepaper because i see it as not realistic. Although i read whitepaper but not for all project because some projects are just designed by the developers for temporary purpose for them to just run away with investors funds.
Of lately, I have noticed that real projects do not bother with whitepaper but the focus on the project to some certain stage of development before they begin to talk about whitepaper to present to their investors. Merely seeing it, investors do not bother them with whitepaper but to give them the funds they need because they have already seen the vision clearly from the afar. This goes a long way to build trust amongst the team members and foster a good business relationship amongst the investors and the followers of such project.
I completely agree that whitepapers are no longer useful in cryptocurrency world. They are mostly made to make new investors feel better but do not provide much real information. Whitepapers may give basic idea of project goals and plans but usually low important details and can be misleading.
To me it is more important to look at team behind project their skills, past successes and commitment. Successful projects focus on achieving milestones before sharing their whitepaper showing progress and building trust.
Enthusiasts who have been in the space for a very long time do not bother about whitepaper but newbies investors as they believe they could get anything they want to know about the project from there and they forget that whitepaper is not the drive for the success of a project but rather the team and management behind the scheme. I have in several occasion invests my funds in projects with no whitepaper because the team showed a transparent and reliable disposition which attracted the crowd they needed to get the funds for the project running and at the end the project was a success and the whitepaper was the last thing they thought about. A project is not really about what is written in the paper but the efforts and inputs of every one involved to making the project sees the light of the day.
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With the above affirmations, it is correct to say that the era of whitepaper is gone or gradually fading away. The media has taken over.
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With the above affirmations, it is correct to say that the era of whitepaper is gone or gradually fading away. The media has taken over.
Agreed. In the past, many project associates and investors used whitepapers as the only means of evaluating a project’s feasibility, and more importantly the credibility of the initiative. But as it will be clear, today information shared on social media and news is more likely to have an impact on the society.
This leads to occasions where investors, particularly the newly entered ones, tend to go by trends and ‘the talk’ than by meaningful work.
Also, it is difficult for investors to filter what kind of information comes from several communities is relevant and reliable with the assistance of Telegram. Avoiding such risks, it is very necessary to be critical to the source of information and invest time and resources in the research process so that to make a right decision Oriental collapse managed to avoid such risks, that’s why one has to think twice choosing the convenient type of the orientation.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
As far as I know, with my friends, if you want to see a good cryptocurrency project, you should look at its Whitepaper first so that we can analyze whether the project is for the long term or the short term so that we will not lose when investing. But maybe for those who don't care about the whitepaper and have a lot of experience, they will definitely just invest, unlike me who is still new to cryptocurrency, I have to be extra careful.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Honestly i didn’t read whitepaper anytime but i knew it is too important. It’s not need to me because i invested always on top coin of the market. That's why i don’t need to read it carefully but i really follow the social media before going to put money in. I also research the technical analysis before investment. I never fall into scam cause i never invested on memecoin though it is rapid way of getting profit. However it is a technical tricks to to know the future of the coin and the behave of market. However i will follow next hope it will help me much and more.
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I am not new about Whitepapers as I used to prepare for the project during 2018-2019 for some clients. Actually whitepapers are written about the project goals to achieve after completely launch a token or coins. However, I did not find that any projects able to survive by following whitepapers because when new technology comes then revision of technology and plan was necessary to survive in the market. Most difficult for token creator who plan to keep circulation in the market. The main problem is that every one sells the token faster before real works start.
I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.
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I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.
The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.
There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.
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Whitepaper is good but not the basis to define potential and profitable token. Even scammers can create whitepaper easily just to prove they are real and committed to deliver profit to all investors.
Why read whitepaper? For clarification and verification of something such as tokenomics, objectives, team, future partnerships and step by step possible update and progress.
How do I often read? To be honest it's been long time that I didn't read intimately. Just read it for few minutes and then done after getting my target information for clarification
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I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.
The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.
There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.
Yes, currently many investors do not read whitepapers, only rely on hype for meme coins and focus more on top coins, I am also like that because I don't have much time to do research and study whitepapers. because I have a busy life in the real world. I prefer to watch the market, study indicators and make analysis by trading rather than studying whitepapers from new projects.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
White paper mean shit, sorry to use that word but whitepapers mean absolutely nothing at this point and stage that we are in cryptocurrency, and let me say that right from the beginning, whitepapers were highly overrated, I remember those days when a coin will pump like x500 to x1000 in a day just because the team released a whitepaper, and after six months or less, the project will be completely dead and abandoned.
Many people learnt the hard way not to depend or use whitepaper to estimate or predict the success or failure of any crypto project, many projects that are super successful today started without a whitepaper, while some with the best whitepaper and seemed very promising died barely some months or a few years in this space.
Like I did said before, let me say it again that today, white papers mean absolutely nothing, success or failure of a project can not be predicted through their whitepaper, so I don't read it, there are other factors to look out for to accurately or close to accuracy, predict is a project is worth investing in or not.
It is true that whitepapers are currently not a role model for whether a coin is good or not, not like in 2017 if a project does not have a whitepaper then a project can be said to be invalid / not real, currently the white paper of a project is no longer original, most are plagiarized from previous projects, who knows what the real purpose of the new crypto project is at this time, actually if the old project is developing and changing its name it is natural, if there is a notification so investors can further follow the details and concepts of the final goal of a crypto project itself
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What a question.....
At the angle of a big or minor investor, it is hardly observed that one reads the whole Whitepaper of a project but rather sort for the satisfaction of investing on a project in respect to the diligence of the project team in promoting their project on social media handles, marketing and their choice on what exchange they hope to list in. If I guess right, Social Media hypes is one of the reasons for investing on projects amongst investors.
On the other hand, a Whitepaper are just written terms though it'll be very good and advisable to read and know more about what you are investing on as an Investor.
But it is still obvious that projects that don't get to the moon and even scam projects still have their own Whitepaper.
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I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.
The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.
There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.
Yes, currently many investors do not read whitepapers, only rely on hype for meme coins and focus more on top coins, I am also like that because I don't have much time to do research and study whitepapers. because I have a busy life in the real world. I prefer to watch the market, study indicators and make analysis by trading rather than studying whitepapers from new projects.
Most investors don’t read project whitepapers because they are of the option that most of these projects are not always honest in their whitepapers, and that some the information there are not always accurate, so they’ll prefer to seek for information about the project elsewhere, somewhere that’s a lot more reliable, and just like you, some people are very busy to read through the whole thing. But regardless, it’s still very important to at least go through the project’s whitepapers as it could essentially offer a few guides to the investors about the project.
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Most investors don’t read project whitepapers because they are of the option that most of these projects are not always honest in their whitepapers, and that some the information there are not always accurate, so they’ll prefer to seek for information about the project elsewhere, somewhere that’s a lot more reliable, and just like you, some people are very busy to read through the whole thing. But regardless, it’s still very important to at least go through the project’s whitepapers as it could essentially offer a few guides to the investors about the project.
Yes, investors don’t believe whitepapers or simple do not have time to read them but they should know that whitepaper is one of the most basic source of information about a project. Some whitepapers may not be fully transparent, but even they offer a first look into the vision statement, mission statement, the technology employed, and the issues the project in question seeks to address. One can read a whitepaper to know whether a project is well grounded or just inflated.
Also, from a whitepaper, investors can also gain some insight into the team behind the project and how they propose to expand. If, for some reason, there are many or most of the presented points on the whitepaper’s list of objectives are either exaggerated or unrealistic, that would be a sign of something wrong. Although it is advisable to get more information from other sources, comprehending basic elements of a particular project reading a whitepaper is still significant while investing.
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In investing, the first step is to read everything about the project, even the whitepaper must be read because it is very important, this whitepaper usually contains the journey, goals, vision and mission of the project. We must be careful and understand every word in the whitepaper so that we understand what the project is doing.
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Yes, the work and functions are explained in detail in Whitepapper, which is intended to lure every buyer for the coin. For the first two years, from 2017, there was no project for which I did not read Whitepapper because I thought it was impossible without it. Is it necessary, I think it is, there would be no detailed explanation about any project. A project without an explanation seems like a scam to me.
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In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.
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In investing, the first step is to read everything about the project, even the whitepaper must be read because it is very important, this whitepaper usually contains the journey, goals, vision and mission of the project. We must be careful and understand every word in the whitepaper so that we understand what the project is doing.
Definitely, understanding the whitepaper is the first and crucial step before investing in anything new, particularly in a crypto or technology venture. From the whitepaper, we can understand the general idea of the project which include aims and objectives, technology employed, project schedule, ideas and purpose of the project. Furthermore, the whitepaper also normally describes the existing problems with proposed solutions provided by the project, the advantages, and the possible disadvantages that we may encounter.
From this interpretation of the whitepaper, any investor is in a good position to decide if the project is fit for an investment or not. This also assist in averting embracing low profile or what maybe fake or dubious projects. Therefore, it is very crucial to be prudent, use our heads and our brains, and probably use our hearts as well, and make sure that we ground the project before proceeding to invest.
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In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.
If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.
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In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.
If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.
Well, It is true that investment in new projects can be really rich in lovely colossal opportunities but also in colossal risk. If we have experience and know under what criteria we can assess a project based on its roadmap, whitepaper, and the development of the community, then we can proceed with more confidence. Though, newcomers must realize that for higher rates it is still safer to stick to the top coins, which is Bitcoin or Ethereum, for example. Such large coins are typically less volatile and have longer and more positive track records, so we don’t have to waste much time scrutinizing every aspect of a new altcoin. At last, they make investment decisions based on their own know-how and their tolerance of the risk involved.
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In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.
If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.
Well, It is true that investment in new projects can be really rich in lovely colossal opportunities but also in colossal risk. If we have experience and know under what criteria we can assess a project based on its roadmap, whitepaper, and the development of the community, then we can proceed with more confidence.
I will agree with you that investing in old projects is better than new projects. But in that case the top coins should be preferred. Investing in many coins that may suffer losses but even if they are temporary losses, if they are held for a long period of time, it is possible to get the desired results from those coins. If Bitcoin, Ether, BNB or XRP are held then there is a definite possibility of profit from them in the long run which is not available with other coins. Now a days new projects can gives an investor some profit but has the potential to suffer huge losses by holding.
Before investing, it is possible to get a good project if the white paper of a project is well observed and their objectives and road maps are reviewed carefully. But if a new investor does not master those things well, he will still be profitable if he invests only in top coins.
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In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.
If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.
Yep. If you have the needed time or want to be sure about the project - you would dig into every amount of info you can.
If not - just invest in the olds of the market.
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I will agree with you that investing in old projects is better than new projects. But in that case the top coins should be preferred. Investing in many coins that may suffer losses but even if they are temporary losses, if they are held for a long period of time, it is possible to get the desired results from those coins. If Bitcoin, Ether, BNB or XRP are held then there is a definite possibility of profit from them in the long run which is not available with other coins. Now a days new projects can gives an investor some profit but has the potential to suffer huge losses by holding.
Before investing, it is possible to get a good project if the white paper of a project is well observed and their objectives and road maps are reviewed carefully. But if a new investor does not master those things well, he will still be profitable if he invests only in top coins.
Studying new whitepaper takes a lot of time so I don't do that, because I don't really like investing in new projects because the risk is bigger. I focus more on investing in top coins, because I'm looking for a safer investment even though the results are not as big as investing in new projects. Every investment will have a risk, but for me I will choose the smallest risk from my investment.
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Studying new whitepaper takes a lot of time so I don't do that, because I don't really like investing in new projects because the risk is bigger. I focus more on investing in top coins, because I'm looking for a safer investment even though the results are not as big as investing in new projects. Every investment will have a risk, but for me I will choose the smallest risk from my investment.
Though reading whitepaper is very important but I don't see any reason to invest in shitcoin became they are easy way to lose money and like I know most of these projects naturally creates these coin to deceive people and take their good coin, such as bitcoin and any other reputed coin out there. Although if you invest in top coins then there's is every slim chance to lose huge capital, but as an investor you need to invest with an amount you feels that you can afford to loose.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Reading whitepaper is require huge time so it s very boring for me. i have no experience in reading whitepaper because i didn't invest on new and unlisted coin. who invest on new coin on ico ,ieo ,ido and another sales, they research project by reading whitepaper and research team and something else. i am just invest on bitcoin and some others popular and strong coins that's why i didn't read whitepaper
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Reading whitepaper is require huge time so it s very boring for me. i have no experience in reading whitepaper because i didn't invest on new and unlisted coin. who invest on new coin on ico ,ieo ,ido and another sales, they research project by reading whitepaper and research team and something else. i am just invest on bitcoin and some others popular and strong coins that's why i didn't read whitepaper
If we do not invest in new projects, we should not read the white paper, we simply observe the character of the top coins and buy when the price drops. And if we want to trade, we can make short-term analysis and predictions. All are adjusted to our needs in choosing coins for investment.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.
I would say that, if you are going to invest in the project - any piece of info, especially technical and important ones - will be appreciated who take it all seriously.
It's everybody's choice, but I will take a look at the white paper to see if I am going to use the project in the future or invest in it.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
There are only three things I look at in the whitepaper, of course: first is the team behind the project; second is tokenomics and the roadmap. When the project that is new in the field of crypto space passes to me, through those three, I might promote the project on various social media platforms.
That's why the white paper is important because, through it, we as investors will have an idea of what its future will be in the end. It's like with a product: when we buy a new one, it always has manual guidelines, so the whitepaper is the same.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
There are only three things I look at in the whitepaper, of course: first is the team behind the project; second is tokenomics and the roadmap. When the project that is new in the field of crypto space passes to me, through those three, I might promote the project on various social media platforms.
That's why the white paper is important because, through it, we as investors will have an idea of what its future will be in the end. It's like with a product: when we buy a new one, it always has manual guidelines, so the whitepaper is the same.
Yeah, the ideal whitepaper puts the credibility of the project higher after the read, even after a binge read it should have the same effect, and, after all, a good white paper doesn't mean that the project is good or will remain like that, however, it's a good indicator.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.
I would say that, if you are going to invest in the project - any piece of info, especially technical and important ones - will be appreciated who take it all seriously.
It's everybody's choice, but I will take a look at the white paper to see if I am going to use the project in the future or invest in it.
Thank you for your advice, and I am sure they are reliable investors who are very experienced. While I have just gotten to know cryptocurrency so when there is a new project launched at that time I only see the main website of the project without having to report reading the whitepaper. If the project is considered very interesting then it is certain that I will monitor it until the project is launched, but unfortunately I did not buy the coin because I am not an investor.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.
I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.
I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.
I think most investors or most crypto users never read a project's white paper. And most users and most investors invest in a hype. I also personally invest in those coins that have performed very well and have a potential in their all-time price chart. And on the other hand I focus more on top 30 coins by coin marketcap. and observed how long they have held the top position of CoinMarketCap. And then do a long term assignment on them. Because of which I never need to read the whitepaper
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.
I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.
I think most investors or most crypto users never read a project's white paper. And most users and most investors invest in a hype. I also personally invest in those coins that have performed very well and have a potential in their all-time price chart. And on the other hand I focus more on top 30 coins by coin marketcap. and observed how long they have held the top position of CoinMarketCap. And then do a long term assignment on them. Because of which I never need to read the whitepaper
That's the same as what I do, because I invest in top 20 coins, so I don't read whitepaper. But sometimes I also invest in new projects, so I have to read whitepaper, although it's boring to analyze new projects by looking at the roadmap and reading whitepaper but the profit from new projects is bigger.
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That's the same as what I do, because I invest in top 20 coins, so I don't read whitepaper. But sometimes I also invest in new projects, so I have to read whitepaper, although it's boring to analyze new projects by looking at the roadmap and reading whitepaper but the profit from new projects is bigger.
I think there are many people with the same way. We invest in top coins, specifically top 20 or top 10 coins. In this way, it is not a must to read the whitepaper carefully because they are trusted coins. But I think it is good if we still read the whitepaper, we also can get the updated information about the coins. Although top coins, it is not impossible to lose the values because of some cases. XRP ever experienced it, they lost value when they got a case with SEC.
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To be honest, I don't read whitepapers anymore. And I am letting it go to those that are hardworking that exposes the ones that just copies the whitepapers of other projects. So, if deciding whether to invest or not, typically the normal process that I do is go straight to its chart and check if it's the right time to buy or it's giving an opportunity for everyone that doesn't want to catch falling knives. The answer is no but there are other means of checking nowadays if a project is good, not or a fraud.
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With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Does anybody still care about whitepaper right now? I mean does any investor here that are still reading a 20-page or more whitepaper just to know whether they will invest into that project or not?
I'm not investing into new projects anymore so I don't know if there's still somebody who's reading it. After all, most of the investors only care about the profits that they could make when they invest into a new project, and this is the reason why most of the investors lose money. The fact that the risk of investing into new projects is high that's why I focus more on investing into established coins like those at the top in terms of market cap. I don't need to read their whitepaper anymore, and I don't need to dig deeper that much because... they're established already.
I hope somebody here can say if they're still investing into new projects or not. If yes, are you still reading their whitepaper before deciding whether you will invest or not with that project.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Well I always check, what's the project for? why they created project if there is a similar project? so there must be some creative solutions from them etc.
But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha ;D ;D
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Well I always check, what's the project for? why they created project if there is a similar project? so there must be some creative solutions from them etc.
But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha ;D ;D
TON and its T2E sector are the epitome of hype and going after the trend after one project is successfully launched. Even though it happens on other chains too, it's TON's time to be in that place for now ;D
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I think most investors or most crypto users never read a project's white paper. And most users and most investors invest in a hype. I also personally invest in those coins that have performed very well and have a potential in their all-time price chart. And on the other hand I focus more on top 30 coins by coin marketcap. and observed how long they have held the top position of CoinMarketCap. And then do a long term assignment on them. Because of which I never need to read the whitepaper
I do the same thing, to be honest. Usually, projects write long whitepapers, which takes a lot of time to read. I am not going to spend a couple of hours reading a whitepaper of a project where I am going to invest less than $100. If we want to read every whitepaper in which we are going to invest, then we have to spend hundreds of hours reading these things.
Most importantly, everyone does not understand the technical terms of Cryptos. So, even if we read those whitepaper, I bet we won't understand that. I tried reading Bitcoin whitepaper and I even planned to translate it. But due to limited knowledge on the technical side, I postponed it. As long as we check some important facts, we don't have to read the entire whitepaper.
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I think most investors or most crypto users never read a project's white paper. And most users and most investors invest in a hype. I also personally invest in those coins that have performed very well and have a potential in their all-time price chart. And on the other hand I focus more on top 30 coins by coin marketcap. and observed how long they have held the top position of CoinMarketCap. And then do a long term assignment on them. Because of which I never need to read the whitepaper
I do the same thing, to be honest. Usually, projects write long whitepapers, which takes a lot of time to read. I am not going to spend a couple of hours reading a whitepaper of a project where I am going to invest less than $100. If we want to read every whitepaper in which we are going to invest, then we have to spend hundreds of hours reading these things.
Most importantly, everyone does not understand the technical terms of Cryptos. So, even if we read those whitepaper, I bet we won't understand that. I tried reading Bitcoin whitepaper and I even planned to translate it. But due to limited knowledge on the technical side, I postponed it. As long as we check some important facts, we don't have to read the entire whitepaper.
Agreed, There is no need to focus on everything mentioned in the whitepaper and read it as a single large text, but only on the parts most important in achieving the investment objectives: project goals, how tokens will be used, and what path is planned for their further development, and who is behind the project. Instead of developping certain technicalities which might not in anyway influence your decision to invest in the value of the project or not, it is advisable to take information which is easier to understand and which would affect the value of the project. It also means that recommendations can be made faster and in some ways, on an evidence-based manner without getting lost in overly technical jargon. Referral to a third-party analysis or summary can also be helpful in the case when a person wants to read a whitepaper but does not have much time, or lacks proper technical background to do it.
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To be honest, I don't read whitepapers anymore. And I am letting it go to those that are hardworking that exposes the ones that just copies the whitepapers of other projects. So, if deciding whether to invest or not, typically the normal process that I do is go straight to its chart and check if it's the right time to buy or it's giving an opportunity for everyone that doesn't want to catch falling knives. The answer is no but there are other means of checking nowadays if a project is good, not or a fraud.
If you invest in top coins, you don't need to read the whitepaper. Most people who learn the whitepaper is for new coins. I know many of us just focus on old coins, we may have no interest in new coins. However, we still need to update the information in their social media although we choose old coins. It is not impossible that old coins can be delisted from exchanges because of many reasons. We must be careful to invest in any crypto coins.
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But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha ;D ;D
True, many people do it, without reading the WP of the project, and even without analyzing its advantages first, let alone what its utility is. Because it is only based on what is currently hype and will be listed on top exchanges.
And you know what? I might be one of them ;D ;D
Because the goal is indeed for the short term only, not often and not much. because sometimes, that is what often gives quite good profits, but you really have to take profits really quickly, otherwise it will get our money stuck. then make sure that the nominal is only a little, usually less than $ 50 you can get a lot of coins like that.
but once again, this is very high risk, if we miscalculate, we will lose that money.
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Time for reading whitepapers for different projects is gone long time ago, and today anyone can write anything or hire someone to do this work for them.
Bitcoin whitepaper is not long and this is something everyone should read, you wont find any false promises there.
Bitcoin whitepaper is not a false promise and we have read it this is a true promise, bitcoin becomes a popular project and is in demand by many people so that the price of bitcoin becomes expensive. In the past I often read whitepapers and for now it feels like a waste of time because many projects are written just copy paste from other project whitepapers.
Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.
I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.
Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.
Reading whitepapers is really boring, especially new projects that we don't know about the future of the project. We only read the important points, although the success of a project is not determined by the white paper because investors prefer the popularity, usefulness of the project and the team behind the project, not the beauty of the writing of their whitepaper.
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If you invest in top coins, you don't need to read the whitepaper. Most people who learn the whitepaper is for new coins. I know many of us just focus on old coins, we may have no interest in new coins. However, we still need to update the information in their social media although we choose old coins. It is not impossible that old coins can be delisted from exchanges because of many reasons. We must be careful to invest in any crypto coins.
As long as the code of a certain project was audited by a reputed audit farm, I am okay with investing in it. I don't want to read the white paper, which may take hours. Only 35% of investments are on the altcoins market at this moment, and mostly on known coins that have been on the market for a long time. I bought some new coins as well because they have some potential, but I did not feel it necessary to read their whitepaper.
I hold some new tokens like NotCoin, BWB, and Blast. Probably, it was a bad decision to hold Blast because their maximum supply is huge, which I did not back then. I also have some BWB, which is backed by Bitget, and I am okay with that. I also believe Notcoin may gives a good return in Bullrun.
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Actually many people get some Hype about some new start up projects and immediately they start investing. As for me, I just try to get some vital informations like the usercase of the project, read through the white papers briefly, possibly to know the team members details.
In addition, I take proper interest on the company that audit the projects. Also, the project plans for further developments, upgrades, marketing and promotional plans for the future.
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Your question is not strange but understandable, that the investment is long term or short term only if we have information about it we can get success.. Now, we must understand that whitepaper will be so easy because it can be given to anyone for just a few bucks at any time. But can be outsourced...but again without a whitepaper it might raise some doubts on investors and backers. It is necessary to know about the white paper, because the more knowledge, the better the investment.
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What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
Does anybody still care about whitepaper right now? I mean does any investor here that are still reading a 20-page or more whitepaper just to know whether they will invest into that project or not?
I'm not investing into new projects anymore so I don't know if there's still somebody who's reading it. After all, most of the investors only care about the profits that they could make when they invest into a new project, and this is the reason why most of the investors lose money. The fact that the risk of investing into new projects is high that's why I focus more on investing into established coins like those at the top in terms of market cap. I don't need to read their whitepaper anymore, and I don't need to dig deeper that much because... they're established already.
I hope somebody here can say if they're still investing into new projects or not. If yes, are you still reading their whitepaper before deciding whether you will invest or not with that project.
I think so, no investors read the whitepaper in detail like before, because currently there are many meme coins that only rely on fomo and who knows what the purpose of making the coin is, even if investors read it directly, they are targeting the coin's tokenomics, how much supply is circulating so that investors can predict how much profit they will get if they invest in the project.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
No I don't read it every time when I invest I listen to people who have read the whitepaper and those who can find some mistakes and uniqueness in the project if there are any. After listening to different influencers I make my mind and managed the money and risk and after taking the risk I didn't care about the project and till now it has been proven to be a 60% right and %40 wrong strategy.
I will not advise anyone to follow it whitepaper doesn't play any role in investment because in my opinion it's the roadmap and the team considering the project have potential. If the team is good and the roadmap is good too then I am excited otherwise not.
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I know it's a serious shortcoming but unfortunately i almost never do it, i don't read whitepapers, we shouldn't invest in projects that don't have it and we have to read it carefully to avoid strange clauses for withdrawing funds
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With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.
I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.
I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.
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With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.
I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.
I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.
The whitepaper of a crypto project is a primary source of information about fine aspects of the given project plan, technology, timeline, and people. Whitepaper is probably the most crucial document that describes the technical and the strategic background of a project, and even though today many of those whitepapers can be created with AI or with the help of an automation, it is still a highly valuable resource for an investor or a crypto enthusiast who wants to gain more insight into the project.
Thus, using AI in order to summarize information is indeed convenient, though it becomes helpful when it comes to using it in cases with long whitepapers. But as you pointed out the problem are that AI overlooks sections such as the roadmap, team information, or other sections that might influence an investors decision. It is still mandatory to go through these critical sections in order to get better understanding of a project under analysis.
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With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.
I think the line "There never was" is not right to say because I have read dozens of whitepapers and am still reading many, even if most of them might be written by AI Still, reading about the project is necessary, and we can only know more and more about the project by reading its WP.
I am using AI too, like we have to download the PDF and give it to the AI, and it will read it and can give us summary and pin points, but most of the time they ignore some important information that we have to check manually, like the roadmap, team, and other similar information. I mostly look on WT.
I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.
Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.
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Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.
I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.
Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.
I also only read the important points of the white paper because honestly I don't have much time to read everything in detail, I prefer to read the roadmap when I want to invest in a new project, Reading the white paper is boring because they make so many things that sometimes I'm lazy to continue reading it. :D
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The whitepaper of a crypto project is a primary source of information about fine aspects of the given project plan, technology, timeline, and people. Whitepaper is probably the most crucial document that describes the technical and the strategic background of a project, and even though today many of those whitepapers can be created with AI or with the help of an automation, it is still a highly valuable resource for an investor or a crypto enthusiast who wants to gain more insight into the project.
Yep and if we find that the whitepaper is made by AI and the content can be easily identified if written by AI or not and if it tags as AI generated then it will easily give us the idea that the team is not serious about the project because they are not removing plagiarism even then how can they come up with something unique and how can they dedicate their time to it just like many others at the end they will also abandon the project.
Thus, using AI in order to summarize information is indeed convenient, though it becomes helpful when it comes to using it in cases with long whitepapers. But as you pointed out the problem are that AI overlooks sections such as the roadmap, team information, or other sections that might influence an investors decision. It is still mandatory to go through these critical sections in order to get better understanding of a project under analysis.
I only use AI for roadmaps when I have to find something that they mentioned on their site that we can find more information about it on Whitepaper and the whitepaper is too long I don't think the project is worthy to spend some time but just to make sure I am giving glance so in such situations to get quick insights I use AI.
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I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.
Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.
I have to agree with you nowadays no one really reads WP and they don't even share any technical information too but good projects don't require there investors and users to read the WP but reading the WP is optional if we would read it nothing will be lost means we will get some more knowledge about the project and that's it which is a good thing.
But if the user or investor can easily see the platform's working like UI is good then it won't be a problem for them to navigate and to learn what they offer and what are their roadmaps and the team and the reviews etc.
But still, unlike a normal PDF-type WP, there are other WP that are categorized like details, technical flow, team, and other stuff. This means each and every technical aspect is just written in detail in their WP that's it.
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Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.
I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.
Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.
I also only read the important points of the white paper because honestly I don't have much time to read everything in detail, I prefer to read the roadmap when I want to invest in a new project, Reading the white paper is boring because they make so many things that sometimes I'm lazy to continue reading it. :D
Usually released before a new project is launched to generate audience interest and raise funds in the case of an ICO Initial Coin Offering. It usually consists of technical data, statistics and diagrams. This is very important in case of new projects as most of the investors want to invest with this in mind. Inside the white paper summarizes the characteristics and goals of a project. The Future Roadmap provides the project's development trajectory and describes the functional distribution and functions of tokenmic project token.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.
In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.
In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.
Based on the market position and the popularity of the coins is an effective solution for making investments when there is not enough time to explore each project. Cryptocurrencies such as Bitcoin and some of the above-mentioned altcoins like Ethereum have higher stability than many other crypto projects and therefore the approximate evaluation by market capitalization and data presented by CoinMarketCap may give a rather clear idea of liquidity and market trends.
However, even if white papers are not a priority, knowledge of the basics of newly emerging, high-risk projects can be useful in preventing a loss. While some of these new coins may look good on CMC now they may just be even more prone to pump and dump or regulatory actions. In sum, popularity-based approach can indeed reap benefits at large CAP crypto-assets; however more selectivity can be particularly beneficial for improving portfolio robustness particularly when venturing into new or small CAP altcoins.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
We may not have to read the whitepapers each time we are making an investment in bitcoin, only if we can read and digest through its meaning, then its something that we can make to be an occasional reminder on what is being stated on it, this will serve as a reminder to us on what is expected of us and what we should also expect from the network when we are investing.
In investing in bitcoin and top coins I think we don't need to read the white paper because the coins have been proven and have good popularity and reputation. I am also not a typical investor who has a lot of time to read and study the white paper, I only see the performance of the coin in the market and see CMC.
Based on the market position and the popularity of the coins is an effective solution for making investments when there is not enough time to explore each project. Cryptocurrencies such as Bitcoin and some of the above-mentioned altcoins like Ethereum have higher stability than many other crypto projects and therefore the approximate evaluation by market capitalization and data presented by CoinMarketCap may give a rather clear idea of liquidity and market trends.
However, even if white papers are not a priority, knowledge of the basics of newly emerging, high-risk projects can be useful in preventing a loss. While some of these new coins may look good on CMC now they may just be even more prone to pump and dump or regulatory actions. In sum, popularity-based approach can indeed reap benefits at large CAP crypto-assets; however more selectivity can be particularly beneficial for improving portfolio robustness particularly when venturing into new or small CAP altcoins.
Focusing on the position in the market and the number of users can be beneficial indeed in the case when one has to work most efficiently, having limited time for the analysis of each project. Bitcoin and Ethereum are usually more stable than many new projects, studying market capitalization will help learn about liquidity and trends. First, white papers are not as important as they used to be but, secondly, learning the basics about high-risk crypto projects may be useful to minimize losses as the majority of new coins can be more sensitive to volatilities and, especially, regulations.
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Focusing on the position in the market and the number of users can be beneficial indeed in the case when one has to work most efficiently, having limited time for the analysis of each project. Bitcoin and Ethereum are usually more stable than many new projects, studying market capitalization will help learn about liquidity and trends. First, white papers are not as important as they used to be but, secondly, learning the basics about high-risk crypto projects may be useful to minimize losses as the majority of new coins can be more sensitive to volatilities and, especially, regulations.
It seems that Ethereum has difficulty returning to penetrate $ 3K, because currently Bitcoin is approaching ATH $ 73,600 almost exceeding ATH but Ethereum still looks struggle at $ 2,680.
We just see because next month predictions will occur correction and we can buy some potential coins to hold until next year.
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It seems that Ethereum has difficulty returning to penetrate $ 3K, because currently Bitcoin is approaching ATH $ 73,600 almost exceeding ATH but Ethereum still looks struggle at $ 2,680.
We just see because next month predictions will occur correction and we can buy some potential coins to hold until next year.
We do have a situation where Bitcoin is almost at its high, while Ethereum doesn’t look the same. But this allows us to be closer to the flow in the market and think about what needs to be done further.
Since many have anticipated a correction next month this may well be the right time for some of us to take strategic positions. We can also seize the chance and store some potential coins as we aim to expand in the upcoming year.
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I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.
Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.
I’d rather prefer to look at a project’s roadmap than go through the stress of reading through the Whitepapers, because sometimes you might even end up reading all the contents of the Whitepaper and still not get any meaningful information about the project from there, because most of the projects’ whitepapers are just literally saying the same thing.
I’d prefer to just look at the roadmap, not like the roadmaps are even always accurate but at least it gives a quick guide on what the project plans to accomplish, how and also when they plan to do it.
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My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???
What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??
One of the first thing that potential investors have to look at for is the white paper as it contains vital information about the development and future projection about a particular Blockchain , white paper of a coin gives detailed information about the goal, feature, products and parameters that makes the crypto project it value so the white paper should be ready carefully be considering how to invest in any project. I will suggest that any coin that doesn't have it white paper ready before launching should not be taken serious as this has made allot of investor's in crypto currencies loss their money simple because some of the coins that they invested into where not ready with their development and future plans for that particular coin, Blockchains like Bitcoin are still standing simple because from the beginning they where ready with their white paper and the future progress of the coin was already split out for anyone coming to invest in Bitcoin
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I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.
Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.
I’d rather prefer to look at a project’s roadmap than go through the stress of reading through the Whitepapers, because sometimes you might even end up reading all the contents of the Whitepaper and still not get any meaningful information about the project from there, because most of the projects’ whitepapers are just literally saying the same thing.
I’d prefer to just look at the roadmap, not like the roadmaps are even always accurate but at least it gives a quick guide on what the project plans to accomplish, how and also when they plan to do it.
For new projects I also prefer to read the roadmap rather than reading the white paper which has so many words. That's what I did before, but right now I'm not that focused on new projects because I think top coins are still the safest choice. By looking at the top potential coins on CMC, it guarantees me not to lose my money.
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For new projects I also prefer to read the roadmap rather than reading the white paper which has so many words. That's what I did before, but right now I'm not that focused on new projects because I think top coins are still the safest choice. By looking at the top potential coins on CMC, it guarantees me not to lose my money.
Of course, top coins are indeed a more preferable option than the new shit projects that are coming into the market now, which are mostly pump and dumb projects. But the best option remains Bitcoin Investment, because Bitcoin remains the safest and most reliable asset to invest in, either for profitability or just for preservation of value and wealth. I’m not saying there are no altcoins that are not worth investing in, there are numerous number of them, but the long term security and profitability that Bitcoin guarantees isn’t anything compared to other altcoins that may have potentials too.
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I prefer simpler way, if project has working product that'll give more idea about project than reading any WP ever will.
Comment you quoted mentions about writing WPs with AI, some years ago you could hire a writer, it doesn't take much to write WP really, it's one of useless things.
I’d rather prefer to look at a project’s roadmap than go through the stress of reading through the Whitepapers, because sometimes you might even end up reading all the contents of the Whitepaper and still not get any meaningful information about the project from there, because most of the projects’ whitepapers are just literally saying the same thing.
I’d prefer to just look at the roadmap, not like the roadmaps are even always accurate but at least it gives a quick guide on what the project plans to accomplish, how and also when they plan to do it.
For new projects I also prefer to read the roadmap rather than reading the white paper which has so many words. That's what I did before, but right now I'm not that focused on new projects because I think top coins are still the safest choice. By looking at the top potential coins on CMC, it guarantees me not to lose my money.
If you meant top coins in terms of MC then remember the case of Luna? It was top 10 coin before it's downfall, also top coins list changes every few years — so top coins are less risky but still I would not call them a guaranteed bet.
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For new projects I also prefer to read the roadmap rather than reading the white paper which has so many words. That's what I did before, but right now I'm not that focused on new projects because I think top coins are still the safest choice. By looking at the top potential coins on CMC, it guarantees me not to lose my money.
If you meant top coins in terms of MC then remember the case of Luna? It was top 10 coin before it's downfall, also top coins list changes every few years — so top coins are less risky but still I would not call them a guaranteed bet.
Exactly why said the only guaranteed asset that I can boldly and confidently recommend to someone who’s looking for where and how to invest in crypto. The case of LUNA sure did take everyone as a shock because many had already trusted the project, it had already gained massive popularity and the token was doing so well, just like you said, it was even in top 10, listed on almost all the notable exchanges but we all know how that ended, it was an unexpected crash, and that made me believe that no altcoin is beyond crashing. Bitcoin on the other Hand has withstood the test of time and has passed victorious and is still getting even more stronger.
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Exactly why said the only guaranteed asset that I can boldly and confidently recommend to someone who’s looking for where and how to invest in crypto. The case of LUNA sure did take everyone as a shock because many had already trusted the project, it had already gained massive popularity and the token was doing so well, just like you said, it was even in top 10, listed on almost all the notable exchanges but we all know how that ended, it was an unexpected crash, and that made me believe that no altcoin is beyond crashing. Bitcoin on the other Hand has withstood the test of time and has passed victorious and is still getting even more stronger.
Well, from that case we have to learn that we have to be careful in a project. Bad things can happen and we don't know when it will happen, Luna is one example that we can see.
There is nothing that is without risk in this investment, so our job is to continue to be careful by continuing to increase the knowledge that we can get from learning, experience and so on.
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Well, from that case we have to learn that we have to be careful in a project. Bad things can happen and we don't know when it will happen, Luna is one example that we can see.
There is nothing that is without risk in this investment, so our job is to continue to be careful by continuing to increase the knowledge that we can get from learning, experience and so on.
We gain more learning from things we’ve experienced or seen ourselves in the field, rather than things we’re told or taught. And we must make full utilization of these knowledge that we acquire, a lot of investors in the crypto sphere has learned so from from their personal experiences and that of those around them, but they keep repeating the same countless mistakes simply because they have failed to make use of the knowledge that they have acquired from those experiences. Knowledge is indeed power but it becomes powerless when you have it and do not acknowledge it for its worth.
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Well, from that case we have to learn that we have to be careful in a project. Bad things can happen and we don't know when it will happen, Luna is one example that we can see.
There is nothing that is without risk in this investment, so our job is to continue to be careful by continuing to increase the knowledge that we can get from learning, experience and so on.
We gain more learning from things we’ve experienced or seen ourselves in the field, rather than things we’re told or taught. And we must make full utilization of these knowledge that we acquire, a lot of investors in the crypto sphere has learned so from from their personal experiences and that of those around them, but they keep repeating the same countless mistakes simply because they have failed to make use of the knowledge that they have acquired from those experiences. Knowledge is indeed power but it becomes powerless when you have it and do not acknowledge it for its worth.
It has been said that nothing in the world can teach us as well as direct experience does, or can provide us with real lessons. All the information that we receive during this process may be a good basis for the following actions if this information is used seriously. Sometimes we are too engrossed in reinventing the wheel not knowing that we have all the resources to keep Reinventing it. Therefore I believe that by being grateful for the lessons that we have learned we will be placed in a better position to be able to make good decision as we tackle different challenges in this crypto world.
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I completely agree that Bitcoin remains the safest choice for long-term investment, especially in the volatile crypto market. It has already proven its resilience and is a prime asset for value preservation and long-term growth.
As for new projects, it is really important to exercise caution. Yes, many projects may start with ambitious statements, but as the situation with LUNA has shown, even “top” projects can collapse in an instant. That is why for me it is important to look not only at market capitalization, but also at the fundamental indicators of the project, such as the team, the technical base and the actual product.
About whitepapers: sure, sometimes they are a useful source of information, but they are often overloaded with technical terms that don't give a clear understanding of what the project actually does. I also prefer to look at a roadmap as it gives a clearer picture of the project's plans and achievements.
But as always, no investment guarantees success, and the more we learn from experience, the better we can make decisions in the future.
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a lot of investors in the crypto sphere has learned so from from their personal experiences and that of those around them, but they keep repeating the same countless mistakes simply because they have failed to make use of the knowledge that they have acquired from those experiences. Knowledge is indeed power but it becomes powerless when you have it and do not acknowledge it for its worth.
Knowledge in analyzing new and important projects can be a guarantee for the future, even though it is not 100%, and knowledge can be a guide for investors in new projects, so investors will easily know the quality of the project. If someone has knowledge but does not use it, even if he falls into the same hole, then that is all he does not have knowledge.
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a lot of investors in the crypto sphere has learned so from from their personal experiences and that of those around them, but they keep repeating the same countless mistakes simply because they have failed to make use of the knowledge that they have acquired from those experiences. Knowledge is indeed power but it becomes powerless when you have it and do not acknowledge it for its worth.
Knowledge in analyzing new and important projects can be a guarantee for the future, even though it is not 100%, and knowledge can be a guide for investors in new projects, so investors will easily know the quality of the project. If someone has knowledge but does not use it, even if he falls into the same hole, then that is all he does not have knowledge.
This is why the general understanding of new project analysis is one of our main strengths that enables us to distinguish the quality and the potential of various investment offers. To my mind, if it is truly done then, this knowledge will help us to become wiser, avoid failure and be thoughtful in making decisions. When we constantly apply what we already know, we become more experienced in the ability to evaluate project s independently, and that is valuable in today’s complex investment environment.
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This is why the general understanding of new project analysis is one of our main strengths that enables us to distinguish the quality and the potential of various investment offers. To my mind, if it is truly done then, this knowledge will help us to become wiser, avoid failure and be thoughtful in making decisions. When we constantly apply what we already know, we become more experienced in the ability to evaluate project s independently, and that is valuable in today’s complex investment environment.
While all you’ve said is true.
I still believe and of the opinion that regardless of how much knowledge or experience one must’ve gathered or have in the crypto space, it’ll still be impossible to accurately know or dictate which project is the next big thing and the which is another shitty dumb pump and dump project. You can only suspect, because the both of them are just doing literally he same thing.
Some of the projects that were doing so well and then suddenly you don’t hear about it again, they are projects that the developers initially meant well for the project but when they saw just how much the project had raised for them, they decided to sell off all their coins and dumped the project. That’s just how unpredictable it can really be.
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Knowledge in analyzing new and important projects can be a guarantee for the future, even though it is not 100%, and knowledge can be a guide for investors in new projects, so investors will easily know the quality of the project. If someone has knowledge but does not use it, even if he falls into the same hole, then that is all he does not have knowledge.
It never guaranteed anything, it also increased the chance to get profits. When you analyzed the projects carefully, you can understand the advantages and disadvantages of the projects. Anyway, it is not easy to know the quality of the project, it is very complicated. Although the whitepaper looks good, it can be fake. Or it can't show the true of the projects. Sometimes, although the teams or developers are quite popular, they may also be untrusted.
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Knowledge in analyzing new and important projects can be a guarantee for the future, even though it is not 100%, and knowledge can be a guide for investors in new projects, so investors will easily know the quality of the project. If someone has knowledge but does not use it, even if he falls into the same hole, then that is all he does not have knowledge.
Well what you’ve said so far isn’t far from the truth, but then again we need to understand that, regardless of whatever knowledge and experience you’ve managed to gather in the course of your research or involvement in the crypto sphere, it wouldn’t still guarantee that you’ll be able to dictate which project is the next big thing or which is just another of those pump and dump shitty projects, it’s never possible due to how unpredictable the outcome of these projects are.
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Well, from that case we have to learn that we have to be careful in a project. Bad things can happen and we don't know when it will happen, Luna is one example that we can see.
There is nothing that is without risk in this investment, so our job is to continue to be careful by continuing to increase the knowledge that we can get from learning, experience and so on.
We gain more learning from things we’ve experienced or seen ourselves in the field, rather than things we’re told or taught. And we must make full utilization of these knowledge that we acquire, a lot of investors in the crypto sphere has learned so from from their personal experiences and that of those around them, but they keep repeating the same countless mistakes simply because they have failed to make use of the knowledge that they have acquired from those experiences. Knowledge is indeed power but it becomes powerless when you have it and do not acknowledge it for its worth.
It is actually very natural when we make mistakes, because in any case we cannot always be right in what we do, especially in this risky space.
What must be noted is that we must be able to learn from mistakes, that is what will make us better for the future. We do not always get learning from something good, even from bad experiences it is a very valuable lesson.
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What must be noted is that we must be able to learn from mistakes, that is what will make us better for the future. We do not always get learning from something good, even from bad experiences it is a very valuable lesson.
No knowledge is wasted, no experience is equally wasted, all experience and knowledge one manages to gather in the crypto space is very valuable, whether from good or bad experiences, it really doesn’t matter, what matters is what you really take home from the experience. Yeah, it’s somewhat true that bad experiences teaches the most lessons and gives the most experiences because of the die on and unease it gives us, and sometimes it requires perseverance to really pick out a valuable lesson from such experiences, because without perseverance, one may feel dismayed and frustrated by the experience or the result, and just conclude it doesn’t work, thereby giving up on that thing. While those who persevere end up learning more and probably have a bigger chance of cracking the case.
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What must be noted is that we must be able to learn from mistakes, that is what will make us better for the future. We do not always get learning from something good, even from bad experiences it is a very valuable lesson.
No knowledge is wasted, no experience is equally wasted, all experience and knowledge one manages to gather in the crypto space is very valuable, whether from good or bad experiences, it really doesn’t matter, what matters is what you really take home from the experience. Yeah, it’s somewhat true that bad experiences teaches the most lessons and gives the most experiences because of the die on and unease it gives us, and sometimes it requires perseverance to really pick out a valuable lesson from such experiences, because without perseverance, one may feel dismayed and frustrated by the experience or the result, and just conclude it doesn’t work, thereby giving up on that thing. While those who persevere end up learning more and probably have a bigger chance of cracking the case.
I believe that every case, having either a sweet end or being accompanied by difficulties, is precious for our path in the crypto universe. In this case much could be learned from the event as a way of asserting our patience and perseverance. That fear and anxiety produces knowledge to progress: p. In this way knowledge increases at each step to embrace more probabilities towards being successful, because it takes time and readiness to keep on trying.
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What must be noted is that we must be able to learn from mistakes, that is what will make us better for the future. We do not always get learning from something good, even from bad experiences it is a very valuable lesson.
No knowledge is wasted, no experience is equally wasted, all experience and knowledge one manages to gather in the crypto space is very valuable, whether from good or bad experiences, it really doesn’t matter, what matters is what you really take home from the experience. Yeah, it’s somewhat true that bad experiences teaches the most lessons and gives the most experiences because of the die on and unease it gives us, and sometimes it requires perseverance to really pick out a valuable lesson from such experiences, because without perseverance, one may feel dismayed and frustrated by the experience or the result, and just conclude it doesn’t work, thereby giving up on that thing. While those who persevere end up learning more and probably have a bigger chance of cracking the case.
I believe that every case, having either a sweet end or being accompanied by difficulties, is precious for our path in the crypto universe. In this case much could be learned from the event as a way of asserting our patience and perseverance. That fear and anxiety produces knowledge to progress: p. In this way knowledge increases at each step to embrace more probabilities towards being successful, because it takes time and readiness to keep on trying.
That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.
It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
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Knowledge in analyzing new and important projects can be a guarantee for the future, even though it is not 100%, and knowledge can be a guide for investors in new projects, so investors will easily know the quality of the project. If someone has knowledge but does not use it, even if he falls into the same hole, then that is all he does not have knowledge.
You may blame someone for not using his knowledge, but what about people who do not have the knowledge in some field? For example, I know a little about crypto and how it works. But when it comes to technical terms and other expects, I don't really understand all these things. What actually do people learn from the Whitepapers?
The most important thing is to know whether the developer could change the code or not. If the supply is limited or not. How much is the supply, and how do they divide it? I am talking about tokenomics. I don't understand the other technical terms. I see crypto projects launched with visions like they will solve this and that; I mean fuck that, bro. I don't really care. I want to know the tokenomics and how you coded your project.
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That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.
It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
it is true, there are people who experience failure, experience discouragement and maybe trauma. but there are those who experience failure, continue to learn to correct the mistakes that have been made so as not to experience similar failures.
Everyone has a different spirit and successful people are those who always learn from their mistakes and remain enthusiastic.
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What must be noted is that we must be able to learn from mistakes, that is what will make us better for the future. We do not always get learning from something good, even from bad experiences it is a very valuable lesson.
No knowledge is wasted, no experience is equally wasted, all experience and knowledge one manages to gather in the crypto space is very valuable, whether from good or bad experiences, it really doesn’t matter, what matters is what you really take home from the experience. Yeah, it’s somewhat true that bad experiences teaches the most lessons and gives the most experiences because of the die on and unease it gives us, and sometimes it requires perseverance to really pick out a valuable lesson from such experiences, because without perseverance, one may feel dismayed and frustrated by the experience or the result, and just conclude it doesn’t work, thereby giving up on that thing. While those who persevere end up learning more and probably have a bigger chance of cracking the case.
I agree with you, there is no knowledge and experience that is wasted in the crypto world. Good experiences will make us more enthusiastic in investing and trading in crypto. While bad experiences will make us more careful, because bad experiences make us learn to improve the strategies that we will use so as not to experience the same mistakes.
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Exactly why said the only guaranteed asset that I can boldly and confidently recommend to someone who’s looking for where and how to invest in crypto. The case of LUNA sure did take everyone as a shock because many had already trusted the project, it had already gained massive popularity and the token was doing so well, just like you said, it was even in top 10, listed on almost all the notable exchanges but we all know how that ended, it was an unexpected crash, and that made me believe that no altcoin is beyond crashing. Bitcoin on the other Hand has withstood the test of time and has passed victorious and is still getting even more stronger.
Well, from that case we have to learn that we have to be careful in a project. Bad things can happen and we don't know when it will happen, Luna is one example that we can see.
There is nothing that is without risk in this investment, so our job is to continue to be careful by continuing to increase the knowledge that we can get from learning, experience and so on.
From the above situation, we are able to understand that extra precaution should be taken to evaluate a project. Every investment comes with risk and referencing back to Luna, there always unfamiliar circumstances that we need to keep an eye on. Because of existing learning, there is existing learning and learning from experience in that as we proceed to make decisions in the future, we can make better decisions with the right understanding.
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I agree with you, there is no knowledge and experience that is wasted in the crypto world. Good experiences will make us more enthusiastic in investing and trading in crypto. While bad experiences will make us more careful, because bad experiences make us learn to improve the strategies that we will use so as not to experience the same mistakes.
Normally when a newbie enters the crypto world, it usually always starts with the bad and awful experiences, like losses. And this is the reason why some people left the crypto industry for other things, due to the losses they encountered at first, without realizing that it’s an inevitable aspect of the crypto market, not UST for newbies but also the professionals and the experienced investors or traders. It is those awful experiences that prepares us for the journey ahead, and it is when actually learn from those simple errors that made us encounter those losses and then also tailor our own personal techniques and then keep trying again, then when he profit starts coming then it’ll serve as proof that we are actually progressing and our hard work efforts are finally paying off.
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That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.
It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
it is true, there are people who experience failure, experience discouragement and maybe trauma. but there are those who experience failure, continue to learn to correct the mistakes that have been made so as not to experience similar failures.
Everyone has a different spirit and successful people are those who always learn from their mistakes and remain enthusiastic.
It is actually very natural as humans to feel disappointed with ourselves when we fail, but we should not stop completely. Taking a break from activities that make us disappointed is highly recommended and I did it.
It's not once or twice that I have been in a difficult situation, but I calmed my mind for a moment and after that I started again by learning from the mistakes that made us fail before.
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From the above situation, we are able to understand that extra precaution should be taken to evaluate a project. Every investment comes with risk and referencing back to Luna, there always unfamiliar circumstances that we need to keep an eye on. Because of existing learning, there is existing learning and learning from experience in that as we proceed to make decisions in the future, we can make better decisions with the right understanding.
Although while we can't be careful enough and our carefulness may not always guarantee our safety in the crypto sphere, it is still not an excuse to let our guard down, there are some signs that one may see and due to greed and ultra high risk tolerance level, we choose to ignore rhese signs and decide to push through with our decision, and when that happens, we land ourself in losses.
There's absolutely every need to be careful and always be on the lookout for updates on the asset(s) you choose to invest in, because it is only when you're updated that you can be able to detect which project is most likely to be a scam and which is likely to be true.
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That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.
It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
it is true, there are people who experience failure, experience discouragement and maybe trauma. but there are those who experience failure, continue to learn to correct the mistakes that have been made so as not to experience similar failures.
Everyone has a different spirit and successful people are those who always learn from their mistakes and remain enthusiastic.
It is actually very natural as humans to feel disappointed with ourselves when we fail, but we should not stop completely. Taking a break from activities that make us disappointed is highly recommended and I did it.
It's not once or twice that I have been in a difficult situation, but I calmed my mind for a moment and after that I started again by learning from the mistakes that made us fail before.
Failure and loss are natural and there will always be a risk for people who invest in crypto or others.
We may be disappointed when we fail, but we must learn from those mistakes so that we can maximize the strategies and plans that we have determined by learning from those mistakes.
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Failure and loss are natural and there will always be a risk for people who invest in crypto or others.
We may be disappointed when we fail, but we must learn from those mistakes so that we can maximize the strategies and plans that we have determined by learning from those mistakes.
I believe everyone has ever invested without success at some point, especially within the crypto platform. This is part of business discovery process as traders look to decipher the behaviour of the market which can be very volatile. What we have to avoid doing is getting carried away in disappointment What we have to begin doing is review what has been done in the past and see what can be done to it. The justification for acquiring strategy from exposure is that there is a chance that later on some of the strategies that have been implemented shall be able to be redone in a way that the risks in the face of risk are well checked.
Failure is the best part of knowing that anything that has failed or collapsed was meant to crumble in order to create space for certain revelations to be made. If one puts his mind to it, we can cultivate the key strength of inquiring minds and thus be able to better understanding the respective situations, and make more rational decisions. Such small changes, individuals hope that, if performed continuously, will be a good basis for performing better in the future.
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It is actually very natural as humans to feel disappointed with ourselves when we fail, but we should not stop completely. Taking a break from activities that make us disappointed is highly recommended and I did it.
It's not once or twice that I have been in a difficult situation, but I calmed my mind for a moment and after that I started again by learning from the mistakes that made us fail before.
Failure and loss are natural and there will always be a risk for people who invest in crypto or others.
We may be disappointed when we fail, but we must learn from those mistakes so that we can maximize the strategies and plans that we have determined by learning from those mistakes.
Well that's the point, even though we have experienced failure does not mean we will never achieve success. Many successful people were born from the failures they have experienced, but they did not give up and continued to correct their mistakes.
Now we have to make that an example, even someone who has experienced failure when they succeed, they will be able to maintain it.
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Well that's the point, even though we have experienced failure does not mean we will never achieve success. Many successful people were born from the failures they have experienced, but they did not give up and continued to correct their mistakes.
Now we have to make that an example, even someone who has experienced failure when they succeed, they will be able to maintain it.
We must learn from failure and try to fix the things that make us fail and try to stay motivated and strive to be better. failure will always exist because as humans we will definitely make mistakes. So by learning from those mistakes we try to be better and more careful. In trading I often experience wrong analysis and experience defeat. but I try to make a more thorough analysis and develop a more appropriate strategy in order to succeed.
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Well that's the point, even though we have experienced failure does not mean we will never achieve success. Many successful people were born from the failures they have experienced, but they did not give up and continued to correct their mistakes.
Now we have to make that an example, even someone who has experienced failure when they succeed, they will be able to maintain it.
We must learn from failure and try to fix the things that make us fail and try to stay motivated and strive to be better. failure will always exist because as humans we will definitely make mistakes. So by learning from those mistakes we try to be better and more careful. In trading I often experience wrong analysis and experience defeat. but I try to make a more thorough analysis and develop a more appropriate strategy in order to succeed.
Everyone has to face failure, and it is especially a common feature in trading. We can win each time in life and so every time we feel that we have made a mistake or loss it can be a way of learning. In my case it would be advisable to analyze in detail what has brought us to that; we need to be observant of the things that led to failure. Thus, we ensure that our analytical capabilities improve and that the strategies develop new approaches for a better performance. Such potential mistakes are helpful for us because it increases our level of subconscious preparedness for similar cases in the future.
Perseverance in practice and avoiding the loss of motivation is the best solution not to readily surrender. And every tiny step of change will contribute in creating the right direction to work at. With hard work and with more vigile, that is to say, with more attention, the expected outcomes can turn to be more real. Trading like every other activity is a continuous process that demands patience and even the time and effort to fine tune the strategies to near perfection. Thus, it is possible to qualify failure as something that will make the way to a much greater success easier.
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That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.
It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
it is true, there are people who experience failure, experience discouragement and maybe trauma. but there are those who experience failure, continue to learn to correct the mistakes that have been made so as not to experience similar failures.
Everyone has a different spirit and successful people are those who always learn from their mistakes and remain enthusiastic.
It is actually very natural as humans to feel disappointed with ourselves when we fail, but we should not stop completely. Taking a break from activities that make us disappointed is highly recommended and I did it.
It's not once or twice that I have been in a difficult situation, but I calmed my mind for a moment and after that I started again by learning from the mistakes that made us fail before.
Exactly, taking a break is very vital, but another thing is getting encouragement and motivation both from yourself and people around.
If you take a break and always keep getting discouraged with whatever made you fall, then you'll see a big reason to give up completely.
Especially when it comes to trading and a trader out of inexperience or greed uses all his portfolio for one trade and end up blowing up everything, loosing all funds....
Bro .. there'll be a big reason to give up, because everything is gone and it'll take a long time to start gathering funds to start up trading again.
In all, it is very much advisable to get proper knowledge before venturing into any aspect of crypto be it trading/investing/holding/airdropping.
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Well that's the point, even though we have experienced failure does not mean we will never achieve success. Many successful people were born from the failures they have experienced, but they did not give up and continued to correct their mistakes.
Now we have to make that an example, even someone who has experienced failure when they succeed, they will be able to maintain it.
We must learn from failure and try to fix the things that make us fail and try to stay motivated and strive to be better. failure will always exist because as humans we will definitely make mistakes. So by learning from those mistakes we try to be better and more careful. In trading I often experience wrong analysis and experience defeat. but I try to make a more thorough analysis and develop a more appropriate strategy in order to succeed.
In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.
There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
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Exactly, taking a break is very vital, but another thing is getting encouragement and motivation both from yourself and people around.
If you take a break and always keep getting discouraged with whatever made you fall, then you'll see a big reason to give up completely.
Especially when it comes to trading and a trader out of inexperience or greed uses all his portfolio for one trade and end up blowing up everything, loosing all funds....
Bro .. there'll be a big reason to give up, because everything is gone and it'll take a long time to start gathering funds to start up trading again.
In all, it is very much advisable to get proper knowledge before venturing into any aspect of crypto be it trading/investing/holding/airdropping.
Yes, taking a break does absolutely marvellous, but inner encouragement and support from around also matters a lot. In trading, bad luck or wrong judgement results in losses that pull down your morale. However, instead of that we had better think that such a result could be a lesson to start again with more careful approach. As a result of the correct information and preparation, the entry into a new world of crypto currency can be more purposeful and filled with possibilities.
In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.
There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.
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Personally speaking I don't! I just check some specific data like what kind of project it is, what is their total supply, how much of it's is in circulations, all time high all time low, where is it listed etc! Sometimes I would even check the project's community to have a better insight! That is as far as I do! I do follow some crypto guys on youtube, mainly i watch their videos regarding these project to acquire most of the important information! I don't have that kind of time to read the whole whitepaper, i just take a look their tokenomicss!
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Personally speaking I don't! I just check some specific data like what kind of project it is, what is their total supply, how much of it's is in circulations, all time high all time low, where is it listed etc! Sometimes I would even check the project's community to have a better insight! That is as far as I do! I do follow some crypto guys on youtube, mainly i watch their videos regarding these project to acquire most of the important information! I don't have that kind of time to read the whole whitepaper, i just take a look their tokenomicss!
In the past when I focused on investing in new projects I read the white paper, saw the road map, studied the team. I did what you did, also checked the type of project, total supply and the possibility of being useful for users in the future or not. And I studied everything in detail. But now I'm busy, I prefer to invest in top coins, I just observe their movements in the market, their habits and their team work.
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In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.
There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.
Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
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In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.
There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.
Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
failure will always be in our lives and from that failure we can learn to correct the mistakes we have made and try to achieve success.
in investing it is also like that especially in trading I also often experience failure and defeat, but experience and knowledge make me better at trading to increase my victory.
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Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.
Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
failure will always be in our lives and from that failure we can learn to correct the mistakes we have made and try to achieve success.
in investing it is also like that especially in trading I also often experience failure and defeat, but experience and knowledge make me better at trading to increase my victory.
Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.
But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
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Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.
Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
our lives are not constant in my country we have this quote where we say that the world is round and it keeps turning so that the ones at the top is not always at the top one day you might feel the weight of the world on your shoulders but it will not be forever if you just keep working hard you will soon find yourself receiving the results of all your hard work and when you are at the top of the world you need to make sure that you are able to hold on that for as long as you can or at least maintain a proper lifestyle that won't push you towards the bottom again
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Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.
But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.
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Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
Riskier or not, it will depend on your knowledge and experience. If you have proper knowledge and experience in trading, it shouldn't be riskier. Sure both trading and investing have the risks, but the level of the risks will depend on the people who do it. As long as you know how to trade and invest in the right way, it won't be very risky, right? Actually trading or investing should require almost similar basic skills, especially it is related to technical and fundamental analysis.
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Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
Riskier or not, it will depend on your knowledge and experience. If you have proper knowledge and experience in trading, it shouldn't be riskier. Sure both trading and investing have the risks, but the level of the risks will depend on the people who do it. As long as you know how to trade and invest in the right way, it won't be very risky, right? Actually trading or investing should require almost similar basic skills, especially it is related to technical and fundamental analysis.
I agree with you, in trading and investing, it requires the same basic skills, both technical and fundamental analysis, only different strategies, all adjusted to our plan for trading or investing.
Everything must be at risk, that is the function of risk management, because the purpose of trading and investing is the same, to make a profit.
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I don't think many of us focus on reading the whitepapers of the project we invest in. What's really our primary focus is to invest and make some quick gains in the short term. That's what counts for us, every other thing else wouldn't be that necessary since everyone is looking for the projects they will invest in, within the short term they will sell off all to invest in any other hype coins for other short-term profits.
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Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.
But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.
Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.
Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
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Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.
But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.
Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.
Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
that's true because what you mentioned is what I often experience, because emotional management is often needed when trading.
sometimes there is doubt, panic and even greed that interferes with our focus in trading.
there are many things to learn by always practicing to gain experience and skills in trading.
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Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.
Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.
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Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.
Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.
That is why in trading, handling of risk, money, and emotions is as important as is technical and fundamental analysis. Nevertheless the application of strong analytical skills, achieving the best balance in these three factors, failure to execute such expectations may be challenging. These things can still catch even the most experienced trader on the wrong foot and lead to some serious losses. In this management, discipline can be maintained to arrive at more stable decisions compared to being influenced by market forces, thus, few mistakes can be made.
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Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.
Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
Well said.
Actually, I also think that this three factors risk management, money management and the emotional management are the big factor of trading even then we are always saying about the technical analysis and the fundamental analysis but this three factors are also same as them.
And that is why it is often seen that despite knowing technical analysis very well, professional traders like them also face losses due to lack of risk management or emotional management.
We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.
For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.
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We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.
For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.
That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.
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Nah, I don't really read that long boring things developers are writing on their projects but instead get the most important use case on it as we all know that most projects has to highlight what is unique on their project compared to others and that is what I did on it.
Many many thanks for your truthful speaking. But it also true that not only you many people avoid this important issue. Whitepapers is most important part of any project. We need to read Whitepapers carefully. Otherwise we will be losser from thats project. All information we can know from Whitepapers.
When that's project will start and roadmap, and other important information we can see there. I also avoid Whitepapers sometimes. But which project i joined and i invest thats projects Whitepaper i try to read.
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We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.
For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.
That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.
Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.
Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.
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We must be comprehensive in trading, meaning we cannot leave out one factor because that is what might make us fail in trading.
For example, we have mastered the 3 factors that I mentioned earlier, but in terms of analysis we are still not very good at doing it, or vice versa we are very good at analyzing but we do not master the 3 factors, then the result is most likely failure.
That's what I also saying in my previous post, I have this experience in my life and as well as I also so lots of trader I mean the professional trader who made mistakes and faced huge losses because of efficiency of these three factors.
So, as far as I see, these three factors are as important as analysis skill. If we look a little, most of the people who have lost money in trading have one or more of these three factors in their efficiency, and that is why they have lost money.
Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.
Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.
I agree with you to share experiences in the crypto world especially trading, because I focus on trading. It is indeed difficult to become a professional trader because we must have good skills and proper analysis. Mistakes will always be there and as professional traders we must learn from mistakes to improve the analysis and strategies we use.
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Yes we agree on this and I think everyone agrees on this. Well this can also be very useful if there are beginners in this forum, because they can learn from what we say or what we experience.
Not to be patronizing, but sharing experiences like this is very valuable for all of us, both for those who already have experience or those who are new to the trading space.
I agree with you to share experiences in the crypto world especially trading, because I focus on trading. It is indeed difficult to become a professional trader because we must have good skills and proper analysis. Mistakes will always be there and as professional traders we must learn from mistakes to improve the analysis and strategies we use.
Indeed, whether we like it or not, we must continue to learn, no matter how famous someone's status is as a professional trader, but if they do not always update their knowledge, then their abilities will decline.
Actually, this does not only apply to trading, but to everything in our lives, where we must always find out, whether it is something that we did not know before, or something that we already know so that we have a deeper understanding.
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Indeed, whether we like it or not, we must continue to learn, no matter how famous someone's status is as a professional trader, but if they do not always update their knowledge, then their abilities will decline.
Actually, this does not only apply to trading, but to everything in our lives, where we must always find out, whether it is something that we did not know before, or something that we already know so that we have a deeper understanding.
We always learn and affect our knowledge so as not to be left behind. Because in the world of Crypto there is always something new that we must learn. And we must understand the matter especially in doing trade we must also learn and always update new news to improve our analysis and strategy in trading.