According to observations of my colleagues and me, the high percentage of cryptocurrency traders invests in projects that have no working products. If you spend your Bitcoins in a token or coin that solves nothing, creates nothing and ensures nothing, you will most likely lose money if you can't sell that token/coin profitably in the short term.
So, how can you avoid such losses? We prepared two solutions with the reasons for you.
Solution 1: Sell useless tokens even with a low-profit-margin. Don't ever hold them for the long term.
Why?
The problem is that value of a useless project tokens may increase and deceive other amateur cryptocurrency traders to invest. Combination of social media hype and fear of missing out will result in overbought, bubble-like tokens/coins. Eventually, the value of the currency will undergo a significant correction and fluctuate highly. Because of the social media hype and fear of missing out, lots of weak hands that joined in the process will begin to sell and let the price go bottom when they exposed to fear, uncertainty, and doubt.
Solution 2: Buy tokens/coins of the projects that have proven products and low market cap.
Why?
Projects that solve real-life issues and serves a real purpose will eventually have their real value and attention. You will invest in a working product instead of the whitepaper that full of sketchy and fancy words to attract investors. If you don't get on the train from the top, you won't lose any dime.
Thank you for consuming our words, may the blockchain be with you!
Coinsity Twitter: https://twitter.com/coinsity
Coinsity Telegram: https://t.me/coinsity
Nice tips
Generic comments could be mistaken for spam.
Tips to avoid being flagged
Thank You! ⚜
said the spaminator lol
@spaminator is a project to get rid of spam, it's not an account to use for spam :P
süper
Slow and steady will win the race in the crypto market! Thanks for the post!!
Yup and if you invest in a proven product that you would like to use yourself and it doesn't "go to the moon" in price, then you can still get the benefit of using the product!
Do not buy anything until you do your research on what you want to buy or invest in for long-term holds.. if you are just a day trader then the only thing that matters is if the price is low and it will go back up so you can sell at a profit, start small and do not put all your eggs in one basket , buy a number of different coins and tokens, and do not spend more then you can afford to loose...
It has more to do with fighting false information. People who buy coins based only on news are gonna get what they deserve for not doing due diligence. But regardless, such large scale misinformation campaigns should be exposed.
you right always but besides false news people not thinking about consequences when spending their money
most of the time people say invest only what you willing to lose
this is not right in that case you already programming your mind for loosing
and we all want to win when investing!!
so I say "invest only the money that will not have an effect on your daily life"
I think investing in crypto currencies will result in mental tension only. yu should work hard and earn by working
Makes sense. Need to start seeing real use cases for cryptos you are investing in, if you are really "investing" and not doing short term trading
Holy crap batman. There are a lot of bots voting on this post.
I have bookmarked, to know where all the good bots are at these days
You got a 25.19% upvote and resteem from @singing.beauty courtesy of @coinsity. Thank you for using the @singing.beauty UPVOTE and RESTEEM bot.
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom AmountIf you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @singing.beauty by clicking on one of the ready to delegate links:
You will earn 50% of the voting bot's earnings based on your delegated SP's prorated share of the bot's SP pool at the end of each round! You can also undelegate at anytime.
I enjoy your content Keep up the good work! It's always nice to see nice content on Steemit! :)
Hey @coinsity , great post! GOOD https://steemit.com/travel/@boyhaqi97/yuk-join-open-trip-pulau-breuh-pulo-aceh
You got a 10.27% upvote and resteem from @estream.studios courtesy of @coinsity. Thank you for using the @estream.studios UPVOTE and RESTEEM bot.
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom AmountIf you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @estream.studios by clicking on one of the ready to delegate links:
You will earn 50% of the voting bot's earnings based on your delegated SP's prorated share of the bot's SP pool at the end of each round! You can also undelegate at anytime.
You got a 1.82% upvote from @bid4joy courtesy of @coinsity!
yaklaşık 3 ay oldu bu piyasaya gireli. son 2 haftadır bu yazdığınız gibi davranıyorum kısa al satlar ile aza tahammül edip bir kısmını da ciddi projelere yatırmaktayım. yazınız güzel olmuş sizi takipteyim . Takip ederseniz sevinirim. iyi çalışmalar
Spot on . I totally accept this .
You got a 6.25% upvote from @inciter courtesy of @coinsity!
This post has received gratitude of 1.91% from @appreciator courtesy of @coinsity!
You got a 4.31% upvote from @steembidbot courtesy of @coinsity!
This post has received a 22.41% upvote from
For more information, click here!!!!
Try the new Minnowhelper Bots for more information here thanks to: @coinsity.
Help support @minnowhelper and the bot tracker by voting for @yabapmatt for Steem witness! To vote, click the button below or go to https://steemit.com/~witnesses and find @yabapmatt in the list and click the upvote icon. Thank you.
Voting for @yabapmatt
You got a 47.85% upvote from @sleeplesswhale courtesy of @coinsity!
Discord Channel50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | custom amount.You got a 3.42% upvote from @whalebuilder courtesy of @coinsity. Join @whalebuilder family at our . Don't let your precious stake(SP) go stale...Make it do more so you have to do less. Deligate it to @whalebuilder by clicking on one of the ready to delegate links:
You got a 10.64% upvote as a Recovery Shot from @isotonic, currently working as a funding tool, courtesy of @coinsity!
@isotonic is the Bid Bot of the @runningproject community. Earnings obtained by this bot, after paying to the delegators, are fully used to increase the SP of the @runningproject from which all affiliated members are benefited. Check @runningproject posts in order to know further about.
If you believe this post is spam or abuse, please report it to our DiscordYou got a 2.32% upvote from @upmyvote courtesy of @coinsity! #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
You got a 3.57% upvote from @passive courtesy of @coinsity!
Thanks for tasting the eden!Great post! You just got a 8.77% upvote from @edensgarden!
You got a 0.91% upvote from @allaz courtesy of @coinsity!
BIG NEWS: Build your passive income with daily payoutsearning SBD with me. Daily. The easy way!This post has received a 3.03 % upvote from @voterunner thanks to: @coinsity. from @voterunner! Read more about
You got a 1.84% upvote from @getboost courtesy of @coinsity!
You got a 2.32% upvote from @nado.bot courtesy of @coinsity!
Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.
Wow greate article!
You just got a 7.41% upvote from @postdoctor! Thanks for using the @postdoctor service!
You got a 14.29% upvote from @hotbot courtesy of @coinsity!
You got a 11.18% upvote and resteem from @ebargains courtesy of @coinsity. Thank you for using the @ebargains UPVOTE and RESTEEM bot.
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom AmountIf you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @ebargains by clicking on one of the ready to delegate links:
You will earn 50% of the voting bot's earnings based on your delegated SP's prorated share of the bot's SP pool at the end of each round! You can also undelegate at anytime.
This post has received a 19.14 % upvote from @boomerang.
You got a 10.93% upvote from @brupvoter courtesy of @coinsity!
You got a 1.42% upvote from @mercurybot courtesy of @coinsity!
You got a 5.38% upvote from @mitsuko courtesy of @coinsity!
This post has received a 2.86% upvote from @lovejuice thanks to @coinsity. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
You got a 2.94% upvote from @luckyvotes courtesy of @coinsity!
You got a 1.43% upvote from @postpromoter courtesy of @coinsity!
Want to promote your posts too? Check out the Steem Bot Tracker websitevote for @yabapmatt for witness! for more info. If you would like to support the development of @postpromoter and the bot tracker please
If you believe this post is spam or abuse, please report it to our DiscordYou got a 5.33% upvote from @buildawhale courtesy of @coinsity! #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
2.44% @pushup from @coinsity
If you believe this post is spam or abuse, please report it to our DiscordYou got a 4.14% upvote from @ipromote courtesy of @coinsity! #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
You got a 7.15% upvote from @adriatik courtesy of @coinsity!
@minnowfairy has sprinkled your post with a 6.31% upvote.
Follow @minnowfairy and support our initiatives to advocate passionate Steemians delivering good, quality content to the community.
You got a 25.26% upvote from @slimwhale courtesy of @coinsity!
50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP Don't delegate so much that you have less than 50SP left on your account.This post has received a 5.75% upvote from @msp-bidbot thanks to: @coinsity. Delegate SP to this public bot and get paid daily:
This post has received a 3.77% upvote from @aksdwi thanks to: @coinsity.
You got a 2.12% upvote from @upmewhale courtesy of @coinsity! Earn 90% daily earning payout by delegating SP to @upmewhale.
Sneaky Ninja Attack! You have been defended with a 1.68% vote... I was summoned by @coinsity! I have done their bidding and now I will vanish...Whoosh
You got a 4.52% upvote from @upboater courtesy of @coinsity!
Release the Kraken! You got a 50.63% upvote from @seakraken courtesy of @coinsity!