Crypto: Making Value Out of Thin Air?

[Publictalk792]

Well there's nothing at the end of the rainbow. We should enjoy the rainboy untill it fade away. If we wants to make some good profit we've to accept the risk of losing our asset.

In memecoins it goes on just in reputation. Everyone knows dogecoin is the first memecoin and it was very cheap untill elon musk shows his interest on Dogecoin.

But some crypto does have actually use cases , they are solving problems of this crypto industries and bringing creativity inventing and intruducing new feature to us. We should choose them instead of blindly picking a token. Cause their team continuously working and bound to bring something new and attract more new user in this market.

Crypto nowadays accepting in a lot of industries and using broadly. So we have to decide what we're investing. Is the team is good?

If we can find out these it's not like gambling it's fundamental analysis. At the last don't mix your emotion in crypto.

We saw a lot of bug industries falls to zeero. Like $FTX & $LUNA who would have thought they are gonna be bankruptcy. So it's not always predictable, Don't mix your emotion.

Yes Making quick money in cryptocurrency is not always realistic. Focus on understanding process and take smart risks to succeed. Be wise when investing and know difference between coins like Dogecoin that rely on popularity and those that solve real problems. We always choose cryptocurrencies with strong teams and  ongoing improvements and practical uses. We do not make emotional decisions and stay informed to avoid losses even big companies like FTX and LUNA failed. By being thoughtful and cautious we will make better investment choices in growing crypto industry.

[robelneo]

And with resurgence of memecoin in this cycle of the crypto era, we are again seeing investors looking not for value but for one that can give them x10, x100 and even x1000, of course. So this has become like a gambling thing.

Some people make it to be like gambling because they see the opportunity or maybe a loophole, and they know that people like to make profit on just about anything, so even if we don't like it, there will be among us who will look for profit more than value, but in the value will always win.

Do you feel the same thing too...or do you prefer to see that at the end of rainbow there is something really waiting for this industry...maybe a pot of gold?

Value and usecase will always win because these are the two that conquer the market and what makes the industry moving forward.

[Z-tight]

We do not make emotional decisions and stay informed to avoid losses even big companies like FTX and LUNA failed.

Ftx is a collapsed centralized exchange and their creditors made a bad decision leaving their funds in the exchange. However, many people still leave funds in centralized exchanges, even though there have been so many exchanges and custodial services that have collapsed, people don't just learn their lesson.

[Findingnemo]

We do not make emotional decisions and stay informed to avoid losses even big companies like FTX and LUNA failed.

Ftx is a collapsed centralized exchange and their creditors made a bad decision leaving their funds in the exchange. However, many people still leave funds in centralized exchanges, even though there have been so many exchanges and custodial services that have collapsed, people don't just learn their lesson.

If some repeat their mistake of keeping the funds in a centralized exchange or custodial wallet even after losing previously due to some reasons means they lack the skill of learning.

For a trader it's acceptable to leave a fraction of their holding in the exchange itself since withdrawing everytime will eat the capital value over the profits but anyone else should not be using exchange as a wallet, they need to learn about the security of crypto assets even before thinking about investing in it.

[Cryptsafe]

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xxxxxxxxxxxx     they need to learn about the security of crypto assets even before thinking about investing in it.

This is a very important point you have raised here. People need to learn about the security of crypto assets even before thinking about investing or holding them. Safety and security should be an investors major key to lasting investment because if  there are any lapses, the assets could be hacked or scammers could get their way through to do away with the investors assets.

[|MINER|]

I don't think so, Crypto has it's own value and as well as it also running it own path. I wouldn't disagree about the unpredictable situation about the memcoin value on the market but is has also the reason and as well as also the sign like it will have the big backers and the potential team and goal and the plan also.
So I don't crypto making value out of the thin air. And I think those who are think this about the crypto market those don't have the analysis knowledge and they invested on crypto and face losses and that is the reason they said this.

[Stuart]

I don't think it's ideal if you say crypto is making money or value out of a thin air. Time is used, imagine the time it took to move from a newbie in this forum to a Hero or Legendary Member, or money is invested for the projects to be successful at the end of it's campaign. Or are we looking at the part that gives more (or take more at same time  ) which is the tactical knowledge or reading and understanding the movements of candle sticks in the market charts.
Time and dedication are being put in place for every success made in the crypto industry.

I believe there is a pot of gold up ahead. We just rocked BTC hitting $90k, with full expectation of it hitting the $100k price mark before the end of 2024. There will be more possibilities in the coming years as more investors and crypto enthusiasts will join the train.