I agree with the general sentiment that accelerated increase in supply and introduced emissions via airdrops and similar reward systems almost
always lead to a gradual and steady drop in market price, and such projects should be generally avoided;
however I would put TRX as an exception in this group because a lot of TRX is also being burnt as part of the transaction process and other activities, so the token economics of this particular coin is pretty robust to make room for the reward systems in place.
Topic: Alts you won't invest in - page 6. (Read 1089 times)
In 2018 I had thought that joining ico would certainly be very profitable, so I invested some of my money in ico but in the end, it was not the profit that I got, but I lost my money at that time, there were indeed some ico who sent the tokens that I bought, but until now there was no exchange and no price, from that experience I began to distrust and will never buy ico tokens again, but in investing now I prefer altcoins that already have exchanged to like LTC, usdt, eth and altcoin in the top twenty coinmarketcap.
A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
I have my own ideology about the altcoins I should invest and they are the ones I have seen that are really working while looking for more ways to expand, and as such Stellar fits this description. Am not much of a fan of Tron but I think the team is active in their own ways far more than most projects. The type of altcoins I stay away from are those being hyped by so called experts, or those whose team have proved to be inexperienced in what they want to achieve. Also, even if a project is listed, I always tend to check to see if the project is really in line with their roadmap etc. Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
Almost all altcoins that exist today have a potential scam, if you as a beginner to invest in altcoin should learn altcoin that really has a vision and many investors join in it, maybe there are some new altcoins that have quality but won't last long and won't can make money for you, with these abnormal conditions I think is not the right time to invest in altcoin
You are right, every altcoin at such a stage of the market as it is now prone to closure and panic sale.As for your question, I will answer: never buy a token whose team has not passed KYC verification.
You mentioned the name of the top 100 cmc, your reasons might be acceptable but for now I think they are the ones above.
so if you don't mind what coins to buy, can you share them with us?
Finally I don't or rarely save coins for a long time just for daily or weekly trading.
if it is true for the long term I will choose btc.
so if you don't mind what coins to buy, can you share them with us?
Finally I don't or rarely save coins for a long time just for daily or weekly trading.
if it is true for the long term I will choose btc.
I agree with your statement that it is better not to invest in crypto projects holding huge Airdrops like Stellar. There is a big risk of the price decrease after many Airdrop participants sell their tokens.
Right, because if the supply is large and the participants for the airdrop are also not limited, then the potential price reduction will be very open, so it is very risky to lose if we invest in such a project, even though there is a high bonus offer, but there is still no guarantee not to down prices. I would never invest in centralised coins like Ripple, because I think such coins are killing the idea of blockchain and crypto currencies in general. Stable coins like Tether are centralised as well, so I would stay aways from such "cryptocurrencies".
XRP is really good if you just want much faster transactions you can use it instead of BTC and the transaction fee is much lower if you compare. stable coins such as tether is also a big help in the market you dont need to convert it directky to fiat if you already have tether.
Investing on alt coins is simply waste of time like if you want to hold the funds for long term investment. For short term for investment you can always choose the trading as your field and then you can go with it.
If there is any clumssy behavior in altcoin you can skip such altcoins and goes to other cryptos.
If there is any clumssy behavior in altcoin you can skip such altcoins and goes to other cryptos.
lots of shit out there that i cant even think og investing in or may be just to gain from it and move to another coin as we have lots of scam coin and token out there that you can only loss yr investment and not gain most especially this bear market has expose lot of them and while you need to be very careful befre you invest now.
A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
-snip-
People ask what coins to invest in because the number of altcoins is huge and there are shit tons of altcoins that are literally shit coins. So if you ask people what coins not to invest on, there will be a huge list of coins. So isn't it better to ask for coins that one should invest in since the list is actually very short as there are just few well known and good coins out there?Here's the opposite - I want to ask what alts you would never buy and why so.
-snip-
I will not invest in XRP, I know many people are fans of XRP and it is also a coin with many practical applications. But the XRP team is causing controversy when they own too much XRP and every time the price increases they unlock it to sell.
Their market strategy is very clear for the experienced crypto investors and the investors know the power of decentralization or semi-centralized projects. Ripple team can sell their team allocated token with a single phone call and their project is aimed to control the worldwide payment problems. These problems are caused due to the centralization but they come with the inefficient solutions of centralization. 
Personally I wouldn't invest in XRP and I can advise you to do the same thing. Ripple is centralized, it is owned mostly by big banks and as far as I know it's supply isn't even capped so it can be created out of thin air i any given moment. Probably the best possible strategy is stick to BTC and ETH.
I think the same thing about XRP. I do not invest in any project with a central infrastructure. Besides, I do not think that the price of XRP will increase at least 3-4 times in the future.
So in the long run, the most sensible investment is always Bitcoin.
For short-term investments, users should do their own research. But my choices are: Zcoin, EOS, BNB.
I will not invest in XRP, I know many people are fans of XRP and it is also a coin with many practical applications. But the XRP team is causing controversy when they own too much XRP and every time the price increases they unlock it to sell.
I can't specifically name the Alt-coins that I won't invest in but the characteristics that I will avoid are simple. I will avoid the Alt-coins that are low market cap, doesn't have an active team and those Alt-coins that doesn't have a progress. Those three factors are the big decision makers for me and they always do good since most of the Alt-coins that I have invested in gave me profit.
Assets with the lowest from like WINK or tron-based ones are the ones that I will never invest in. Tron made me disappointed everytime I bought. I would rather just join an IEO and wait whats gonna happen. WINK made me wait 2 weeks before I could sell, I will never do it again.
in my own opinion, I recommend you all do not buy tokens or coins that are more than top 100 coin marketcap,
because it is very risky to invest there
because it is very risky to invest there
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
TRX and XLM are two pretty good coins today and both are among the top 20 largest coins in the market.
+ Libra. Not sure if any explanation needed.
A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
I don't answer what coins I won't buy. Because in my opinion, in investing activities, especially in crypto, you have to be wise. People ask us what coins are good for investment, just answer the ones that you think have a good opportunity without having to forbid buying coins.
Personally I wouldn't invest in XRP and I can advise you to do the same thing. Ripple is centralized, it is owned mostly by big banks and as far as I know it's supply isn't even capped so it can be created out of thin air i any given moment. Probably the best possible strategy is stick to BTC and ETH.
its seem like 90% of altcoins looks like scam this days. did some cross checks on coingecko this morning and i can say 90% of all altcoins price has drop from 85% to 99% since all time high. a token like DGTX i will never buy this token . Adam raised $ 3M usd in just 24 hours after the ICO he raised more than $ 5M usd and its almost two years now there is no single project out.
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