Topic: Altcoins getting delisted - page 2. (Read 916 times)
It is necessary to invest money not in old coins, but in coins that will be in demand(in your opinion) and have the potential for growth. Now the process of clearing the market of garbage and abandoned projects/coins is in full swing.
I will not talk much about this, but in my personal opinion, the adoption of a system like this also has positive points, both for their exchange and other crypto users. at least can anticipate bad things, especially for ordinary people, they will be easily fooled if they see that it turns out to be a form of coin manipulation.
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I agree that most of altcoin being delisted have finish or almost finish their roadmap without any big achievements. Some of those projects are dead, dev sold their tokens on top and put less focus on the project. These example remind investors that they should always do research before buying any coins and make sure those project worth or at least dev team still there doing their work.
There are reasons for the delisting:
Investing in rusty old projects is not the right idea. Looking at whether it is old or new to invest will not give you superiority. Investigate project itself instead, so if you think it is appropriate, then you can research issues related to its age.
Nothing is guaranteed in crypto space, coins that are delisted on poloniex are old projects and they are quite good, those coins are still available on other exchanges, i think its all about SEC involvement Quote
These criteria include, but are not limited to:
Low trade volume on the exchange
Compromised network security that presents liability for Poloniex and its customers
Deteriorating developer support for the project
Prohibitive cost to upgrading and/or continuing to support the project
Lawsuits, enforcement actions or other legal issues that the project faces
New Poloniex delisted assets, December 2019Low trade volume on the exchange
Compromised network security that presents liability for Poloniex and its customers
Deteriorating developer support for the project
Prohibitive cost to upgrading and/or continuing to support the project
Lawsuits, enforcement actions or other legal issues that the project faces
Investing in rusty old projects is not the right idea. Looking at whether it is old or new to invest will not give you superiority. Investigate project itself instead, so if you think it is appropriate, then you can research issues related to its age.
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?
Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
You may be right about newer coins taking advantage of ther older ones. Just got the news of 2 coins to be delisted from the exchanges. And what came to my mind was, what becomes of the investors who invested some bucks in the project...The whole of crypto space is volatile and delicate. One just needs to be cautious while investing in whether old or new coins.
They delist old altcoins because is not worth for them to hold and manage them because this altcoins unfortunately not have trade volume and there is not any interest for investors to buy them.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
No you're wrong, if you have enough experience you won't easily buy those new altcoins shit projects. I could say 90% of new projects are scam and the rest 9% are failed projects and the rest 1% is the success project. New good projects is 1:1000 nowdays because the ease of creating project people are take advantage of this to become a scammer.
for tokens that do not have liquidity, they will indeed be difficult to survive in the market. but if you want to invest, it should be for big coins like bitcoin or etherum. New tokens will usually last 2-5 years after listing, depending on the volume they will get in the market. as I observed in the tokens released 2 years ago, on average they always experience a significant decrease and it is not impossible that they will disappear soon.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
It is a big problem because it will reflect to the project, especially if the project is delisted from big exchange, that's too negative for the investors. Investors wants development or progress, delisting is a bad thing because most reasons are lack of trader's interest that's why an exchange will make a decision like that.
For me, this news is good. I think this trend of delisting any coin low performing will encourage good and potential coins. However, there maybe many reasons for an exchange to delist any particular coin. One of the main reasons is low performance and low volume. I support this idea of delisting low performing coins.
Now I don't want to comment whether it is a good thing or not. I don't know whether it is beneficial for the exchanges, because with less number of coins the traders may limit their number of transactions. This may have a negative impact on the exchange revenues. Also, what about those users who had invested in these coins? If they get delisted from the exchanges, then the users may get trapped with these useless cryptocurrencies. They shouldn't have invested in the first place, but now we can't punish them for taking a risky option.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
It is a big problem because it will reflect to the project, especially if the project is delisted from big exchange, that's too negative for the investors. Investors wants development or progress, delisting is a bad thing because most reasons are lack of trader's interest that's why an exchange will make a decision like that.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
It is a big problem because it will reflect to the project, especially if the project is delisted from big exchange, that's too negative for the investors. Investors wants development or progress, delisting is a bad thing because most reasons are lack of trader's interest that's why an exchange will make a decision like that.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
It is a big problem because it will reflect to the project, especially if the project is delisted from big exchange, that's too negative for the investors. Investors wants development or progress, delisting is a bad thing because most reasons are lack of trader's interest that's why an exchange will make a decision like that.
Delisting is not a big problem,if coin is top rated and old.Now poloniex doing bad.But new altcoin will go big,if project is good.Many traders telling newbies not to buy new altcoins because last two years new altcoin scammed and run away. Thats why they told not to jump new altcoins. If you have enough experience then go for new altcoins.
I think that they are doing everything right, if a coin is not able to keep its price and wakes no interest in investors for a while, it should be delisted without any questions. It will help to clear market from shitcoins.
New coins that are developed will also be very difficult to compete. New coins need investment support to be successful. However, most new coins turn into scam coins which make investors lose.
I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
The competition is very stiff and that is why there are altcoins that are delisted in the market. There are altcoins that are not worth it to buy so we should stay away with it. As time passing by, the delisted altcoins are keep increasing because of the low demand and volume. We should only trade altcoins that have high volume and demand in the market. I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
New coins that are developed will also be very difficult to compete. New coins need investment support to be successful. However, most new coins turn into scam coins which make investors lose.
I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
in the development of new coins it will indeed be more difficult, but if it really provides benefits the investment will continue to spin and grow, but only a small portion can grow and when the volume of new coins is zero or immovable it will be erased from the market list and make them die. therefore people prefer old coins with good volume to invest
For me, this news is good. I think this trend of delisting any coin low performing will encourage good and potential coins. However, there maybe many reasons for an exchange to delist any particular coin. One of the main reasons is low performance and low volume. I support this idea of delisting low performing coins.
Sir, I don't agree with you, because I believe when an old coin reaches their all goals, they make new milestones, which is very normal and this is how the Ethereum, Ripple, Litecoin, and others are lives. Some new coins can give you higher profit than old coins, but new coins are not trustable to hold. You can trade them for a short time, but you can't invest blindly on them. When the golden time appears, you will see all the old potential coins' prices will go high first.
It is true that some new coins can produce higher profits than old coins. But, if we look at recently, new coins are not very profitable for me and there are actually more coins that have decreased. And to make a profit yourself, trading new coins is better in a short period of time and to be able to make a profit from it we also have to be smart to look for gaps or opportunities to be able to make a profit.It's wrong to believe that you can predict the future of cryptocurrencies. Old coins, how you call them, did not reach their goal, cause their goal is close to global adoption, we have a long way to get there. We can't claim where will be the top for some coins, same as we can't claim that some new coins have more chances than old ones.
One thing is sure, cryptomarket is growing with incredible speed, old projects are competing between them and with new ones, the best one will win the race, it's on us to try to predict that one, and it can be old or new one.
New coins that are developed will also be very difficult to compete. New coins need investment support to be successful. However, most new coins turn into scam coins which make investors lose.
I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
I still believe in old coins, although many of the old coins are delisted. The reason for delisting is that it moves at a low volume without trading activities.
old coins with large volumes and ongoing development will remain and will not be lost.
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