Extensive research before investing or just knowing the best Entry price: which strategy has given you the best returns? So which strategy has worked best for you in terms of real profit from tokens?

This is in no way meant to discredit the place of thorough research before making an investment decision in any Cryptocurrency. Rather, this is to see which strategy has worked best for you. I guess these are the two basic ways through which we all get to invest in cryptocurrencies.

For example, there are those who would take the time to read through the entire whitepaper of a token like Optimism or Toklok token, check out the use case of the token, and verify LinkedIn profile of Devs. Meanwhile, there are those who just look out for the best entry price for a particular token and that’s all.

I remember a friend, who invested in VET after several days of research but at the moment, he is several feet down in his investment. While there are those who just hear about a coin, check the price chart, next minute they have it sitting in their wallet, and a few months down the line, they are cashing out big on that coin.

I guess that is one of the reasons why Cryptocurrency is just a world on its own.

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18 thoughts on “Extensive research before investing or just knowing the best Entry price: which strategy has given you the best returns? So which strategy has worked best for you in terms of real profit from tokens?”

  1. If anyone actually did their research they wouldn’t have invested in VET. Most of these tokens only have liquidity because the overwhelming majority of y’all don’t have a clue what you’re buying

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  2. None of it matters, I’ve done it all. You just wait for shit to sink and cream to rise, and make a decision then. Otherwise you’re just gambling.

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  3. Personally, a little of both. I am always doing general research, looking into projects and getting a sense of the market as a whole. I then use gut feel to make a call on what I think is an underpriced solid crypto with a good future (medium to long term, I’m no day trader)

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  4. That’s a hard one. I think if you’re in for the long term, knowing what you are investing and being patient will pay off nicely over time(hello bitcoin) but if you can catch something like SHIBA before it exploded you can make crazy money in a matter of days.

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  5. Anyone who thinks they’re doing “research” on crypto is kidding themselves. What are they researchung exactly?

    I had someone tell me here that research amounted to ensuring a coin wasn’t a scam. Well fair enough, but I call that just “not being an idiot” and that’s nothing at all to do with trying to decide if its over or undervalued, which no-one can do, literally no-one.

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  6. Disregard all hype and info, see a big spike and in some coin and sell it. Buy back a few days later after the eventual dip. Everything still moves more or less in unison and tends to return back to eth/btc neutrality

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  7. A YOLO in June into LUNC and USDC, with some DCAing up during its rally returned me an 80% profit. I never expected to make a big return from a collapsed stable coin and its token, just a “well if it somehow does go up I’m in early”, but here we are.

    Pure luck, nothing else.

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  8. Just buy a little of something you kind of like. Once you have skin in the game, you are innately more likely to track prices and understand where your hard earned money went. Then knowing when to buy more or sell more is almost a reflex when you know the price levels intimately. Thanks for coming to my Reddit talk.

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