Official forum for Utopia Community
You are not logged in.
oba;7459 wrote:oba;7334 wrote:Maybe there are people who anticipated the and purchase the dogecoin and also sell off before the dump but the chance of it happening is 50% because most people that do that will only sell some portion of theor holding.
But what I don't understand is why would anyone invest in the Dogecoin because Elon Musk a billionaire hype it when he barely has adequate knowledge about cryptocurrency.
People bought it because at that time even now as a billionaire he hyped the coin with an increased in price which was what everyone wanted. He also bought some of the coin.
This is what we call billionaires influences, but one thing I have managed to stay away from is the way people try to speak FOMO and FUD in the cryptocurrency system.
Offline
oba;7334 wrote:Lanistergame2;7223 wrote:Not everyone. There would always be those who were quick enough to make a purchase in anticipation of the spike in the peice after the news announcement and sold off as the price was rising.
For there to be people that made a loss while investing there has to be those that dumped on them who made a profit
Maybe there are people who anticipated the and purchase the dogecoin and also sell off before the dump but the chance of it happening is 50% because most people that do that will only sell some portion of theor holding.
But what I don't understand is why would anyone invest in the Dogecoin because Elon Musk a billionaire hype it when he barely has adequate knowledge about cryptocurrency.
The reason is simple but I believe it because some people see him as their role model while some see him as one of the smart guys because he's a billionaire.
Offline
oba;7459 wrote:oba;7334 wrote:Maybe there are people who anticipated the and purchase the dogecoin and also sell off before the dump but the chance of it happening is 50% because most people that do that will only sell some portion of theor holding.
But what I don't understand is why would anyone invest in the Dogecoin because Elon Musk a billionaire hype it when he barely has adequate knowledge about cryptocurrency.
The reason is simple but I believe it because some people see him as their role model while some see him as one of the smart guys because he's a billionaire.
The reason why some crypto investors invested in Dogecoin when Elon Musk hyped it could be one of what you stated but I still believe its lack of cryptocurrency knowledge will make anyone make an investment base on all that you said.
Offline
IyaJJJ;7551 wrote:oba;7459 wrote:But what I don't understand is why would anyone invest in the Dogecoin because Elon Musk a billionaire hype it when he barely has adequate knowledge about cryptocurrency.
The reason is simple but I believe it because some people see him as their role model while some see him as one of the smart guys because he's a billionaire.
The reason why some crypto investors invested in Dogecoin when Elon Musk hyped it could be one of what you stated but I still believe its lack of cryptocurrency knowledge will make anyone make an investment base on all that you said.
I think the root of all this is making quick money through cryptocurrency, and greed but the fundamental reason behind it all is still a lack of knowledge because enough can still be made in the long term through organic price-based crypto like BTC, ETH and CRPcoin.
Offline
Lanistergame2;7223 wrote:thrive;7202 wrote:Technically those that invested in Dogecoin when Elon Musk hype it through Twitter are at loss. There's no one to blame but their naivety about cryptocurrency investment.
Not everyone. There would always be those who were quick enough to make a purchase in anticipation of the spike in the peice after the news announcement and sold off as the price was rising.
For there to be people that made a loss while investing there has to be those that dumped on them who made a profit
Yeah, some folks have the mentality of selling off immediately there is hype or an increase in the price of a commodity. This can be a good thing to some extent but can also be bad. I usually tell people if you withdraw your Bitcoin when it was 50 or 100 dollars you still made a profit and should not be mad at yourself for not leaving it to get to 50k dollars.
Yes, people that bought Bitcoin when it was 50 dollars make a profit selling it at 100 dollars. Why would they be mad about their decision when it was self made decision and the only person to be judge is themselves because better is make in crypto when invest for the long-term.
Offline
Detroit;7462 wrote:oba;7459 wrote:But what I don't understand is why would anyone invest in the Dogecoin because Elon Musk a billionaire hype it when he barely has adequate knowledge about cryptocurrency.
People bought it because at that time even now as a billionaire he hyped the coin with an increased in price which was what everyone wanted. He also bought some of the coin.
This is what we call billionaires influences, but one thing I have managed to stay away from is the way people try to speak FOMO and FUD in the cryptocurrency system.
I think most newbies in cryptocurrency suffer from FOMO and FUD. That's because they are after getting rich quickly through cryptocurrency which increases their chances of getting scammed.
Offline
Many Ponzi schemes now claim to give coins to accumulate into cash which people out of ignorance take to be Cryptocurrency related, I think watching YouTube teaching videos about Cryptocurrency and enrolling for training will help eliminate Crypto Amateurs from creating a bad name for it
Offline
Many Ponzi schemes now claim to give coins to accumulate into cash which people out of ignorance take to be Cryptocurrency related, I think watching YouTube teaching videos about Cryptocurrency and enrolling for training will help eliminate Crypto Amateurs from creating a bad name for it
That could work also if these set of people have not corrupted the system to think that cryptocurrency is a pay-quick scheme. They also control the media so they all will also fill the internet with the content.
Offline
The original plan for cryptocurrency needs to be revisited. These people have no conscience. They do what eases them. I have heard how brutal their operations are.
Offline
All the precautions fall on the user in question. They ned to understand how they can protect themselves and others. First is knowing when to keep quiet and not speak.
Offline
The original plan for cryptocurrency needs to be revisited. These people have no conscience. They do what eases them. I have heard how brutal their operations are.
This is something we should expect from an ecosystem that presents a lot of opportunity because there will always be some set of people that will do shady things just to fetch their own means.
Offline
All the precautions fall on the user in question. They ned to understand how they can protect themselves and others. First is knowing when to keep quiet and not speak.
Are you sure there's a human that will have a bad experience about something that causes him/her huge money and just keep quiet about it?
Offline
Detroit;9572 wrote:All the precautions fall on the user in question. They ned to understand how they can protect themselves and others. First is knowing when to keep quiet and not speak.
Are you sure there's a human that will have a bad experience about something that causes him/her huge money and just keep quiet about it?
Normally, no human in this life will ever have the potential of keeping quiet in such a situation even if he is still going to learn.
Offline
Many Ponzi schemes now claim to give coins to accumulate into cash which people out of ignorance take to be Cryptocurrency related, I think watching YouTube teaching videos about Cryptocurrency and enrolling for training will help eliminate Crypto Amateurs from creating a bad name for it
Yes, Youtube videos can be helpful means to eliminate cryptocurrency newbies from creating a bad name for it. However, people can still use Youtube as a weapon against us.
Offline
JONSNOWING;9518 wrote:Many Ponzi schemes now claim to give coins to accumulate into cash which people out of ignorance take to be Cryptocurrency related, I think watching YouTube teaching videos about Cryptocurrency and enrolling for training will help eliminate Crypto Amateurs from creating a bad name for it
Yes, Youtube videos can be helpful means to eliminate cryptocurrency newbies from creating a bad name for it. However, people can still use Youtube as a weapon against us.
You're right Youtube is a centralized platform and I could remember it was also the platform used to send out false information just to cause misconception.
Offline
JONSNOWING;9518 wrote:Many Ponzi schemes now claim to give coins to accumulate into cash which people out of ignorance take to be Cryptocurrency related, I think watching YouTube teaching videos about Cryptocurrency and enrolling for training will help eliminate Crypto Amateurs from creating a bad name for it
That could work also if these set of people have not corrupted the system to think that cryptocurrency is a pay-quick scheme. They also control the media so they all will also fill the internet with the content.
That's correct it can only work if people haven't corrupted the system and platform like Youtube is also corrupted.
Offline
i have been on Utopia p2p probably the longest time just as i missed bitcoin back in 2019 i have always seen Utopia P2P as another opportunity for me although patience is the key i would say not much would happen in six month.
Offline
i have been on Utopia p2p probably the longest time just as i missed bitcoin back in 2019 i have always seen Utopia P2P as another opportunity for me although patience is the key i would say not much would happen in six month.
Well I am a long term holder and I believe in holding coingor long term so I am not really concerned about CRP crypton in six months
Offline
MRBEAST;9673 wrote:i have been on Utopia p2p probably the longest time just as i missed bitcoin back in 2019 i have always seen Utopia P2P as another opportunity for me although patience is the key i would say not much would happen in six month.
Well I am a long term holder and I believe in holding coingor long term so I am not really concerned about CRP crypton in six months
Holding coin for a longer time actually gives the coin more time to grow, as an investor I am always in the support that we should hold coin more for a longer time but the thing here is that you should hold more solid coin than any other coin.
Offline
Well I won't be judging the six months from when this post was first made but I would be judging it from six months ahead now, well we are all very enthusiastic about the potential of CRP and the potentials the crypto-currency market can achieve, so it's going to be good times for CRP crypton.
Offline
Well I won't be judging the six months from when this post was first made but I would be judging it from six months ahead now, well we are all very enthusiastic about the potential of CRP and the potentials the crypto-currency market can achieve, so it's going to be good times for CRP crypton.
What would make CRP crypton improve by next 6 month, I would like to understand what are the things that would make the price of CRP crypton boom in the next six months.
Offline
CrytoCynthia;9716 wrote:Well I won't be judging the six months from when this post was first made but I would be judging it from six months ahead now, well we are all very enthusiastic about the potential of CRP and the potentials the crypto-currency market can achieve, so it's going to be good times for CRP crypton.
What would make CRP crypton improve by next 6 month, I would like to understand what are the things that would make the price of CRP crypton boom in the next six months.
Well if I am to answer this question the Bitcoin halving is very much around the corner and this always cause the price of CRP crypton to increase also this rise in Bitcoin would also be beneficial for altcoins.
Offline
Kelechi;9720 wrote:CrytoCynthia;9716 wrote:Well I won't be judging the six months from when this post was first made but I would be judging it from six months ahead now, well we are all very enthusiastic about the potential of CRP and the potentials the crypto-currency market can achieve, so it's going to be good times for CRP crypton.
What would make CRP crypton improve by next 6 month, I would like to understand what are the things that would make the price of CRP crypton boom in the next six months.
Well if I am to answer this question the Bitcoin halving is very much around the corner and this always cause the price of CRP crypton to increase also this rise in Bitcoin would also be beneficial for altcoins.
We are all expecting the Bitcoin halving to be very profitable for Bitcoin and everyother coin but the truth is that there are chances that the Bitcoin halving won't lead to a bull run.
Offline
KingCRP;9734 wrote:Kelechi;9720 wrote:What would make CRP crypton improve by next 6 month, I would like to understand what are the things that would make the price of CRP crypton boom in the next six months.
Well if I am to answer this question the Bitcoin halving is very much around the corner and this always cause the price of CRP crypton to increase also this rise in Bitcoin would also be beneficial for altcoins.
We are all expecting the Bitcoin halving to be very profitable for Bitcoin and everyother coin but the truth is that there are chances that the Bitcoin halving won't lead to a bull run.
What is the thing you believe we lead to the chance of Bitcoin halving not to leading to bullish? For the record, the halving was created as a means to control inflation.
Offline
Dozie;4572 wrote:Well if you are looking for security in a coin like a coin that would be able to hold strong even in the worst dip then Utopia p2p is the right coin for anyone.
Yes, Utopia p2p is a wonderful ecosystem but it's never a coin buddy. The cryptocurrency of the Utopia p2p ecosystem is Crypton coin which is always strong in price in a bearish market and UUSD which is the first privacy stablecoin in the whole crypto market.
Utopia Crypto currency coins has an elipsing value to withstand
all fluctuation of market trade. Its best characterized as SAC- coin
Offline