Don't always obsess over buying cheap bargains. The truly smart approach is to find high-quality assets. Instead of spending a small amount of money to buy a bunch of lousy projects, it's better to spend a reasonable amount to acquire genuinely good assets. This principle is especially applicable in the crypto world—many people are fooled by low prices but overlook the quality of the projects themselves. Savvy investors understand that a good project with a reasonable valuation always surpasses those seemingly inexplicably cheap options. Cheap prices are often for a reason.
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fren.eth
· 8h ago
The psychology of bottom-fishing is really the biggest killer in the crypto world; low prices often hide low value.
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YieldChaser
· 8h ago
The bottom-fishing mentality is the easiest to fall into a trap, really, I've seen too many people go bankrupt over cheap goods.
People are always fooled by low prices but can't see why a bad project is bad, which is ridiculous.
Good assets are worth spending money on, cheap garbage is still garbage.
There is a reason why something is cheap, this statement is spot on.
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retroactive_airdrop
· 8h ago
There are reasons why it's cheap; only after stepping on many pits do I understand.
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TestnetFreeloader
· 8h ago
There's a reason why cheap is cheap, and I agree with that... but the real difficulty is how to distinguish what is of good quality
The bottom-fishing mentality can be deadly; I've seen too many people attracted by low prices
Indeed, low prices often imply problems, and that's true
Another old topic... but most people really can't do it
Instead of waiting for cheap goods, it's better to get on board with good projects early; that's the right way
People who insist on waiting for bargain prices often end up getting burned
Good projects are never cheap, and they shouldn't be cheap either; just think about it
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CoffeeNFTs
· 8h ago
I've seen many projects that sell cheap goods, and they all eventually fail. You still have to look at the fundamentals.
Don't always obsess over buying cheap bargains. The truly smart approach is to find high-quality assets. Instead of spending a small amount of money to buy a bunch of lousy projects, it's better to spend a reasonable amount to acquire genuinely good assets. This principle is especially applicable in the crypto world—many people are fooled by low prices but overlook the quality of the projects themselves. Savvy investors understand that a good project with a reasonable valuation always surpasses those seemingly inexplicably cheap options. Cheap prices are often for a reason.