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Author Topic: Do you read Whitepapers carefully??  (Read 9778 times)

Offline nakmantu99

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Re: Do you read Whitepapers carefully??
« Reply #135 on: November 09, 2024, 08:02:58 PM »

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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Re: Do you read Whitepapers carefully??
« Reply #135 on: November 09, 2024, 08:02:58 PM »

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Offline Dr.Bitcoin_Strange

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Re: Do you read Whitepapers carefully??
« Reply #136 on: November 09, 2024, 08:44:42 PM »
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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Re: Do you read Whitepapers carefully??
« Reply #136 on: November 09, 2024, 08:44:42 PM »

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Offline libert19

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Re: Do you read Whitepapers carefully??
« Reply #138 on: November 10, 2024, 05:26:01 AM »

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.

Offline Dr.Bitcoin_Strange

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Re: Do you read Whitepapers carefully??
« Reply #139 on: November 10, 2024, 06:31:45 AM »
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.

Offline $crypto$

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Re: Do you read Whitepapers carefully??
« Reply #140 on: November 10, 2024, 01:39:49 PM »
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.

Offline Dr.Bitcoin_Strange

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Re: Do you read Whitepapers carefully??
« Reply #141 on: November 10, 2024, 02:13:56 PM »
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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Re: Do you read Whitepapers carefully??
« Reply #141 on: November 10, 2024, 02:13:56 PM »


Offline Blaze

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Re: Do you read Whitepapers carefully??
« Reply #142 on: November 12, 2024, 02:54:12 PM »
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.

Offline DMarkus_01

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Re: Do you read Whitepapers carefully??
« Reply #143 on: November 12, 2024, 04:40:39 PM »
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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Re: Do you read Whitepapers carefully??
« Reply #144 on: November 12, 2024, 04:51:19 PM »
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.

Offline enwi

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Re: Do you read Whitepapers carefully??
« Reply #145 on: November 13, 2024, 06:15:43 AM »
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.

Offline Dr.Bitcoin_Strange

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Re: Do you read Whitepapers carefully??
« Reply #146 on: November 13, 2024, 09:57:46 PM »
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.

Offline alltalk

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Re: Do you read Whitepapers carefully??
« Reply #147 on: November 13, 2024, 11:37:00 PM »
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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Offline Dr.Bitcoin_Strange

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Re: Do you read Whitepapers carefully??
« Reply #148 on: November 14, 2024, 03:57:00 AM »
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.

Offline $crypto$

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Re: Do you read Whitepapers carefully??
« Reply #149 on: November 14, 2024, 01:40:33 PM »
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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