CMC is simple tracking platform. That means that not all coins presented on the platform are really worth something. Everyone should be able to analyze this info. By the way, I use CoinGecko for this, I think CG is much better and more informative
both I think the same. they provide traders and investors with the information they need. it doesn't hurt either for beginners to access CMC. the important thing is not to think that the information provided is absolute. would be better off looking for additional information from the web, and the market directly. 
Topic: Coinmarketcap isn't safe for newbies who don't want to learn (Read 728 times)
Which is the much reason why they should all always read the term and conditions of the website at the bottom. The new projects are not conducted by them. They do their best not to list scam project but that does not mean they will totally eradicate such mischievous project. Before, CMC use to even promote scam project even through ads placement but now, this has reduced.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
The issue of coinmarketcap listing projects which seems to be fake is not something new cause I have spotted two gold backed project which lied about their reserve vault but crypto investors also need to have good knowledge in knowing legit priject because CMC list projects that meet their requirements but it the exchange site that list the fake project in the first place should be blame. 
Buying everything listed on coinmarketcap is not a good idea))) one must be crazy to trust his money to the servise that actually earns on selling listings)))
I guess that many people got bad experiences with investing with the said bad projects and the reason why they joined that is because it is being mentioned by CMC which is big when it comes to cryptocurrency information. Sorry to hear that they experienced that and should call out CMC for being such greedy and only for the payment of the listings, being listed.
CMC is simple tracking platform. That means that not all coins presented on the platform are really worth something. Everyone should be able to analyze this info. By the way, I use CoinGecko for this, I think CG is much better and more informative
It’s not Coinmarketcap's job to tell you whether a project is scam or not, their work is just to be used as a price reference and nothing else. So if any newbie is going to Coinmarketcap is going to the website to choose a coin to invest their money, then they are making a mistake because even fake/scam projects can be on the list.
Anyone that’s looking for tokens should go the right places, you can read articles on Medium, and crypto review sites, they will be more helpful. They should be free to drop their questions on this forum and learn what they don’t know.
Anyone that’s looking for tokens should go the right places, you can read articles on Medium, and crypto review sites, they will be more helpful. They should be free to drop their questions on this forum and learn what they don’t know.
In my opinion, the projects are paying CMC so that they can be added by the said website. Come on peeps, imagine how big the name Coinmarketcap in the world of cryptocurrency. It is like a default crypto bible for those who want to check quick information about cryptocurrencies like to top coins like Bitcoin and Ethereum.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Coinmarketcap lists any token on their site if the token developer pays Coinmarketcap. There may be many examples of coins or tokens that we can see. It's just that they make a condition that the coins are listed on the exchange, so that Coinmarketcap can calculate the daily volume.
Buying everything listed on coinmarketcap is not a good idea))) one must be crazy to trust his money to the servise that actually earns on selling listings)))
do you think beginners will also be stupid looking for original coins in CMC? of course there will be assets that will really attract someone new to crypto into the market to invest. they won't know how many coins are listed on the market. their initial knowledge is BTC, ETH, and some popular coins. I am sure of my thinking.
It is a strange proposition that new investors will be watching CMC to plan their investment and that too new coins being listed. I have not heard anyone claiming that they wait for the coins to be listed in CMC to invest without looking at the team or the project they are planning to invest.May be who knows i have not come across anyone who invest like that in my extended period in the cryptocurrency market.
Agree. Usually investors get some insiders information before making an investment. Those who make on investment based on whether altcoin is listed on CMC or not are simply random buyers. Getting listed on CMC is not a big deal. All you have to do is to fill a form. And if your project looks legit, 99.9% that it will be listed. Plus listing is free, so anyone can try their chances. Even scam sneaks through CMC investigation team.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Coinmarketcap lists any token on their site if the token developer pays Coinmarketcap. There may be many examples of coins or tokens that we can see. It's just that they make a condition that the coins are listed on the exchange, so that Coinmarketcap can calculate the daily volume.
I thought listing in CMC is free. There's no payment as far as I know. Please see below listing criteria. After listing, CMC can't track all those coins that are heading to be scam.
https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Coinmarketcap lists any token on their site if the token developer pays Coinmarketcap. There may be many examples of coins or tokens that we can see. It's just that they make a condition that the coins are listed on the exchange, so that Coinmarketcap can calculate the daily volume.
Always have to remind beginners that coinmarketcap is not the place to make sure a project is worth investing. For me, there is no place that can be completely trusted. All of the places are worth reference only and we still have to do more research.
For me Coinmarketcap is only a place to find information about a project that I am working on through a bounty or trade, usually I just want to know how much is the supply of coins, as well as some information about websites and social media. The rest I keep looking for valid information through crypto news.
No the information should came from other source not in coinmarketcap . coin marketcap is only price monitoring don't just base on what you see in the top list since every tokens can easily be manipulated check the graph of the coins that you want to invest and not coin that only came just to take the money of other investors.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
As I know coinmarketcap has specific requirements before listing a new coin in the platform, so it's not easy to get listed here. So if people using it as a reference, nothing wrong with that. You say " majority of these coins and tokens have no volumes" Can you give me an example about what coins do you mean??Maybe you mean ads??
Always have to remind beginners that coinmarketcap is not the place to make sure a project is worth investing. For me, there is no place that can be completely trusted. All of the places are worth reference only and we still have to do more research.
For me Coinmarketcap is only a place to find information about a project that I am working on through a bounty or trade, usually I just want to know how much is the supply of coins, as well as some information about websites and social media. The rest I keep looking for valid information through crypto news.
Most of the coins on the above list of sites are ash coins, have no trading volume, do not display valid data and include in-market price manipulation. I wouldn't blame the site and I also don't know the reason why they are listing bad coins. and it is important to be more vigilant before investing in new coins. not just beginners but for anyone including investors.
Yeah mate, an extra layer of validation or filter should be there in CMC and I have even suggested that there should be some sort of background verification process in this forum as well before new projects are even allowed to advertised in this forum as filtering the fake ones before they start bounty campaigns will help us in keeping the scammers at bay and moreover newbies are easy target for fake projects as they blindly trust whatever is listed in CMC and other similar sites.
I definitely agree with you, it will be wise if you will only invest to a project that you know more about it and if it happen that you didn't check that project yet and you invested to it as coinmarketcap has listed it then that is the big part where newbies are in mistake.
If you are a wise investor, you should take good care of your money and it will be good if you will invest only to a project that will likely to give you a better percentage of earning a profit. So don't be lazy, do some research and background check before you will start investing to the project that you like and don't be dependent to coinmarketcap only.
If you are a wise investor, you should take good care of your money and it will be good if you will invest only to a project that will likely to give you a better percentage of earning a profit. So don't be lazy, do some research and background check before you will start investing to the project that you like and don't be dependent to coinmarketcap only.
do you think beginners will also be stupid looking for original coins in CMC? of course there will be assets that will really attract someone new to crypto into the market to invest. they won't know how many coins are listed on the market. their initial knowledge is BTC, ETH, and some popular coins. I am sure of my thinking.
It is a strange proposition that new investors will be watching CMC to plan their investment and that too new coins being listed. I have not heard anyone claiming that they wait for the coins to be listed in CMC to invest without looking at the team or the project they are planning to invest.May be who knows i have not come across anyone who invest like that in my extended period in the cryptocurrency market.
Always have to remind beginners that coinmarketcap is not the place to make sure a project is worth investing. For me, there is no place that can be completely trusted. All of the places are worth reference only and we still have to do more research.
I don't see how coinmarketcap is very misleading like OP said because we have ranks on coinmarketcap for a reason, all projects are ranked with volume and liquidity and only bad ass projects comes close to top 10 on coinmarketcap, if a newbie goes below rank 30 on count they should know they are taking huge risk
well therefore the effect of the rankings on Coinmarketcap is very clear because if you can see the top 10 rank then it is the volume of exchange from the first time it was listed on CoinMarketCap until now the entire volume turnover is accumulated there, so new traders will understand that This coin has a very good turnover value compared to new coins which have a ranking between 1500-2000. 
...majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Not only beginners like to buy such new tokens that Coinmarketcap places in its rating. There is also a certain category of investors who buy such new tokens for a small amount of money and hold them until their price increases. But in any case, this is a very risky tactic that can lead to losses.
Don't ever blame or rely on CoinMarketCap as an investment method because CoinMarketCap is only a platform that helps us find where coin is listed and I think the volume that CoinMarketcap provides is not entirely correct, to determine CoinMarketCap investment, choose the top 10
but sometimes CMC also helps every day trader. I am sure everyday trader will always use CMC to see how the progress of daily traded coins. but for a beginner, I think it's too risky.
I don't see how coinmarketcap is very misleading like OP said because we have ranks on coinmarketcap for a reason, all projects are ranked with volume and liquidity and only bad ass projects comes close to top 10 on coinmarketcap, if a newbie goes below rank 30 on count they should know they are taking huge risk
Yeah, i know. I used to be like that too, because beginners know that CoinMarketCap is a big and well-known platform. household head When a coin is listed there they think the project will be successful, and this is the wrong step to create a krou they will think about investing in the project. mostly like that.
Just let them do what they believe is right. In the end they will going to be succesaful or not and if we are there to u terefere then they will be just like us not earning because we are not risking.
Risking money in those new projecta might be a profitable. Do not forget the YFI coins and how it pump up even more than the current bitcoin market. It is somehow could be a good profit if those newbie were able to invest i n that coin seeing it now has been pumped by the whalesor big time investors.
Risking money in those new projecta might be a profitable. Do not forget the YFI coins and how it pump up even more than the current bitcoin market. It is somehow could be a good profit if those newbie were able to invest i n that coin seeing it now has been pumped by the whalesor big time investors.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Welcome to crypto market mate and specially to coinmarketcap,But i believe they have changed the bad doings because it is now owned by Binance in which trusted and legit?it has so many claims about Coinmarketcap listing Shitcoins and also intentionally making fake volume and prices.
In all profiteering there must be a learning we must have and part of this are fakes and scams,so better learn first before investing and not be greedy from the start.
Yes, that was a good observation mate, And thats true, if your a newbie and then you want to invest in a new project it is better to check and compare it not just base on CMC data but also on other platforms like Coingecko and other cryptocurrency data and insight service providers. Because CMC has already changed a lot. I don't know what happens in CMC, but before I thought that they would not list any cryptocurrency coin/token without any appropriate volume from the two or more crypto exchanges but nowadays, I think its already change.
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Coinmarketcap is not an investment firm. They show data on coins thats it. Why would they need to warn people about anything at all. What happens when they list something as "verified" and then it turns scam, would you blame cmc then. The site is a tool for pricing, history, etc it should not be used as a basis for investments. Lets be real here.
That is why, every investor must need to check the project itself, not just relying on CMC.
Basically, crypto investing is not safe at all. I assume that newbie has only limited knowledge of the market and not to wonder why not all but probably most of them are victim to these useless projects.
In the future, I expect to some filteration of this. When it comes to newbies, you should advice them to stick to top 20 alts and only study new alts. Anything more than that can be risky and turn newbies off towards crypto. cmc has over 6k coins listed, nobody should expect them to be all good investment.
Big helps when it comes to well-known cryptocurrency, but if you can's dig in the informations about the coins that listed there, better to avoid. not say that cmc was bad, but need more than just "data" if you want to invest.
i used coinmarketcap but for checking the stat of the coins that i have and check the rankings of the coins , im not using it for checking new coins to invest with . did the cmc said that they are not responsible for the loss of others but for sure they will list a notice like this because other sites also have this .
its the responsibility of the investors . newbies are new and its normal that they can make a mistake when it comes to investing on cryptos . we shouldnt blame the coinmarketcap on here but still thanks for this info . a newbie can also learn from this if this is thier way of picking a project .
its the responsibility of the investors . newbies are new and its normal that they can make a mistake when it comes to investing on cryptos . we shouldnt blame the coinmarketcap on here but still thanks for this info . a newbie can also learn from this if this is thier way of picking a project .
I wish coinmarketcap can start using some filter panel to separate projects that aren't verified yet, mixing everything up just make things look like they don't care, since binance team acquired the platform I thought things will change better for coinmarketcap but nothing happened, it's been months now
Coinmarketcap is not an investment firm. They show data on coins thats it. Why would they need to warn people about anything at all. What happens when they list something as "verified" and then it turns scam, would you blame cmc then. The site is a tool for pricing, history, etc it should not be used as a basis for investments. Lets be real here.
before deciding further, I suggest you first trace the authenticity of the team. If it is the team real and the whitepaper is valid, I believe it's not a bad project. because a good project has a minimum real team and a whitepaper.
For me personally i dont think Coinmarketcap is a place to be making investment opinions especially a newbie and people who don’t really know much about the crypto currency world, i feel most of the projects in the new column are mostly unverified and I actually don’t like the fact that there isnt a warning that investing at owners risk because they can’t verify if all projects would be successful or not
Marketcap is have function to know which one our coin assets listing on exchange market and become source information to arbitrage our coin from one exchange to other exchange market, many crypto trader always check their coin on coinmarketcap to know where and when have to sell their coin. When receiving my coin from bounty campaign I check coinmaketcap which one exchange listed my coin bounty reward, I think will give faster update to know our coin listing and detail about price.
For me personally i dont think Coinmarketcap is a place to be making investment opinions especially a newbie and people who don’t really know much about the crypto currency world, i feel most of the projects in the new column are mostly unverified and I actually don’t like the fact that there isnt a warning that investing at owners risk because they can’t verify if all projects would be successful or not
Coinmarketcap is a price-tracking website for crypto assets or it what we called a provider of real-time data for cryptocurrency. Coinmarketcap has LEARN and EARN features, that guide users and investors on their investments but it will still depend on the users or investors to decide whether to invest in such a project or not. The users or investors still the one who is responsible to check whether if a project is legit or fake. In the first place, most users/investors visit coinmarketcap to track the prices of their coins and see where exchanges it was listed.
Coinmarketcap don't really care about verifying projects because it takes a lot of time. Most of the users who come to the site see price data, it is best not to rely on any website listing to judge whether they are legitimate or fake.
indeed Coinmarketcap will only provide information that has a script that functions to call what is posted on their social media so that all information goes directly to CoinMarketCap and can make many investors clearer about the circulation of the coin supply, CoinMarketCap just wants to provide a simple and easy appearance used.
Coinmarketcap and Coingecko is a big help for investors but checking the project's potential should be the first thing that investors should do if
he wants to be in a safe and profitable side, investors will get deceive if he only rely on Coinmarketcap because there are to many pump and dump coin and he might think that a pump and dump coin is a good coin to invest
he wants to be in a safe and profitable side, investors will get deceive if he only rely on Coinmarketcap because there are to many pump and dump coin and he might think that a pump and dump coin is a good coin to invest
Coinmarketcap don't really care about verifying projects because it takes a lot of time. Most of the users who come to the site see price data, it is best not to rely on any website listing to judge whether they are legitimate or fake.
Coinmarketcap is better for newbies than coingecko I mean think about it, new coingecko listing You fomo and then it dumps on you Shitty farm and then you lose your money I think coinmarketcap is more organized and is not high on the reels man or maybe thats how I feel
Why do you think coingecko is responsible for any kind of price dump? Do you know that in order to get listed both on coingecko and coinmarketcap, you just need to fill a form with simply questions. Both platforms will do some research and make a listing. Both platforms dont really check ho fills these forms. I can easily fill the form and try to list Poolz (your signature), create token with same name and add it to uniswap. Both platforms use almost identical algorithms to check if something ne appears on exchanges. Same "You fomo" will appear on "Shitty farm" and coinmarketcap will announce that it is listed on exchange.
What advantages coinmarketcap has over coingecko? They show identical info. But for me personally, coingecko works a bit faster.
Don't ever blame or rely on CoinMarketCap as an investment method because CoinMarketCap is only a platform that helps us find where coin is listed and I think the volume that CoinMarketcap provides is not entirely correct, to determine CoinMarketCap investment, choose the top 10
but sometimes CMC also helps every day trader. I am sure everyday trader will always use CMC to see how the progress of daily traded coins. but for a beginner, I think it's too risky.
I don't blame coinmarketcap for this move, they are simply doing their job, this platform isn't for pointing investors to the right direction, it's for all crypto project data and any new project is free to get their coin or token listed on the platform, it's your duty is an investor to do research on any project before investing money.
Don't ever blame or rely on CoinMarketCap as an investment method because CoinMarketCap is only a platform that helps us find where coin is listed and I think the volume that CoinMarketcap provides is not entirely correct, to determine CoinMarketCap investment, choose the top 10
Coinmarketcap don't care is this project scam or legit. I think if someone give them enough money they will add that coin. Or if they have enough volume of trade and listed on exchangers they will add that token or coins. So many scam project listed on CMC. Its risky for newbies but newbies should make research if they only believe in CMC and start trade then its risky to lose the money.
do you think beginners will also be stupid looking for original coins in CMC? of course there will be assets that will really attract someone new to crypto into the market to invest. they won't know how many coins are listed on the market. their initial knowledge is BTC, ETH, and some popular coins. I am sure of my thinking. 
Coinmarketcap don't care is this project scam or legit. I think if someone give them enough money they will add that coin. Or if they have enough volume of trade and listed on exchangers they will add that token or coins. So many scam project listed on CMC. Its risky for newbies but newbies should make research if they only believe in CMC and start trade then its risky to lose the money.
I wish coinmarketcap can start using some filter panel to separate projects that aren't verified yet, mixing everything up just make things look like they don't care, since binance team acquired the platform I thought things will change better for coinmarketcap but nothing happened, it's been months now
You have to choose before working on any project because everything will be at risk coinmarketcap has many advantages in terms of currency selection not too reliable for investment not just for newcomers every trader has to analyze the markets well to see if they are reliable. This will reduce the risk coinmarketcap is good for everyone to pick coins in crypto almost all types of currencies are listed here.
I recommend for newbies if you want to hunt for new bounties and want to invest in new tokens, to look at the Telegram bounty detective group, or you can join Bubbalex. there often share ongoing bounties and new tokens that have been launched on the exchange market for investment. If in doubt about the list on CoinMarketCap, please try and have a look at Bounty Detective or Bubbalex.
actually i never use that link and never knew about it. I use Coinmarketcap for price data and not as investment advice. Same should be done by newbies. Though it will be good it CMC puts a warning notice on the NEW token page.
That's why it is necessary to "do your own research" first before entering into a project. Although it is safe or not, we must still know what kind of project are we going to enter. Even if it is listed on coinmarketcap still it can be risky in a way that not all listed there are reliable for investment.
It's interesting that they have no warning whatsoever. Wish they had "Unverified Projects" close to the "New", plus *Use at your own risk* in red or something. Besides, it's better to have the unverified projects on separate page and the verified ones on main page. Thought that was part of the reason the platform was bought.. to sanitized it?
They only work for money nothing more, and they don't want to provide such services to the public as long as the project has the money to pay for the listing fee, they will list it and yes this is not a good idea to depend on coinmarketcap if you want to make any investment. Sanitation is not enough for CMC, they need to restart the whole thing and start making good services to the public, there's a trust issue on CMC. Newbies should know how to spot the good investment and CMC won't help you on this one, this forum can be a good site for the newbies because most of the new projects are came here and most of them succeed so I find this forum as effective on introducing good projects.
This is the reason why doing an extensive research is important and dont just rely on what you see in coinmarketcap. Not all coins listed there are a reliable investment and likely to give profit.
Newbies should be aware of this so they can avoid using cmc as their basis on what project is good to invest in. Prices can be manipulated thus help yourself to not end up in a project that is not worth for your time and effort.
Newbies should be aware of this so they can avoid using cmc as their basis on what project is good to invest in. Prices can be manipulated thus help yourself to not end up in a project that is not worth for your time and effort.
Coinmarketcap is just a tool to check the potential of one coin but not the kind of tool that you will rely your on judgement alone, there should a lot of tools to be used before you can come out with the decision but using Coinmarketcap only is a big no no and it will lead you astray, you will become a victim of pump and dump projects, because there are to many pump and dump coins on Coinmarketcap.
It isn't about CMC not safe but everyone who is careless and doing lazy efforts should be very risky in the crypto business. I don't think it is only a warning for newbies but all people who are involved in crypto investment. Especially for those who are careless, unwilling to learn, and also only follow the hyp, will also be probably the victims of the projects shown on the menu. We exactly do not know whether new projects shown on CMC are legit or not, scam or not, therefore, it needs deep research of we are interested in that project. Actually, it is not only in CMC but also on other websites. But of course, CMC is the biggest platform among them, that is why many people may think that everything there is legit.
the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
It is strange to hear that people will be investing in projects that are listed in CMC, how can anyone start investing blindly and expect them to make profit and this is the dumbest concept if anyone followed those, either way if new investors were foolish enough to follow that path then it is high time to think about those strategy as there are legit projects out there to invest that are proven. 
Coinmarketcap is better for newbies than coingecko I mean think about it, new coingecko listing You fomo and then it dumps on you Shitty farm and then you lose your money I think coinmarketcap is more organized and is not high on the reels man or maybe thats how I feel
to be honest so far I have used both coingecko and coinmarketcap platforms to see information on a coin because when you can read and combine the two, I think your cryptocurrency knowledge will increase. I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Lol if someone is putting their money on something they know nothing about other than a list of new coins on cmc then they should lose their money. Thats rediculous that that is even a strategy someone uses.
Coinmarketcap is better for newbies than coingecko I mean think about it, new coingecko listing You fomo and then it dumps on you Shitty farm and then you lose your money I think coinmarketcap is more organized and is not high on the reels man or maybe thats how I feel
I once tried to find token / coin that I wanted on coinmarketcap, at first I was very happy it turned out to be a good price but after doing overall research on the market there was no buy order. Lots of people don't pay attention to this, lots of people get stuck with prices but don't do much research. Not only newbies but there are still many people who don't understand that prices can still be manipulated.
That is why the rating is important to filter the bad results, not many investors are aware of scams nowadays. I personally use Coingecko which is easier to use and there is an alert function for favorite altcoins. Newbies shouldn't look for the newly listed altcoins, there are top altcoins which is safer to invest for inexperienced investors. The Binance team has announced they have bought the CMC a few weeks ago, hope this will change the working principles of CMC ASAP.
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Actually, it is not only in coinmarketcap. There are so many sites that promote new projects. And it is what happens to the newbies when they know about a new project and they think that they are good because of a certain advertisement. In this case, if we know someone newbies and going to invest in a certain project, we must ensure them to research and also analyze whether the project is legit or not. if they don't know how to do it, they can ask other people to analyze it. And what the most important is that never only think about choosing the coin grom the CMC or other sites.
We can't also blame CMC for this.
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It is true that there are criteria and also methodologies in the coin market cap. However, we also do not know how good and influencing the choice from CMC to welcome the projects on their sites.
Nice warning. Maybe that newbie has heard that suggestion from someone who uses coinmarketcap's newest listing where he will invest. And it has been passed on and made that as his strategy for where he will start choosing investments and projects to invest.
It could be a good strategy for others but not truly effective for everybody.
It could be a good strategy for others but not truly effective for everybody.
He will learn his lesson sooner or later. That not all suggested links are credible to invest his funds. That his own research and assessment is necessary before spending any penny to these crypto projects. CMC is no way responsible if someone will invest on a certain crypto project. They are merely providing data to the crypto community and not all data are reliable. They can't track the authenticity of all these info.
Experience will be his key to learn that every project is risky but if he wants a better crypto to invest, he should rely on the most popular and common coins.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
True, So many scam projects already listed on CMC too.
Yuno, Kimchi, rope and many more scam projects that have gone but they have ever listed in CMC as new coins in the market too. If that's true the newbies were getting the list of new coins from there and that will be a disaster because it's a super high risk coin that can become a scam project anytime.
It's interesting that they have no warning whatsoever. Wish they had "Unverified Projects" close to the "New", plus *Use at your own risk* in red or something. Besides, it's better to have the unverified projects on separate page and the verified ones on main page. Thought that was part of the reason the platform was bought.. to sanitized it?
That's what we thought initially when CZ takes over CMC to have improvements, but I would say nothing has down and instead make it more complicated and there are a lot of newbies being trap with the *new* project lists they have. On the flipside, we should investigate more and not just rely to CMC or any other platforms that offer this kind of "preview" and yes, there should be disclaimer. I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Coinmarketcap and other similar platforms are just data points where we can gather and analyse data about any project so if you want to invest it is your responsibility do do your research and cover all aspects of the project before buying because it is your money and only you are responsible for it. 
Nice warning. Maybe that newbie has heard that suggestion from someone who uses coinmarketcap's newest listing where he will invest. And it has been passed on and made that as his strategy for where he will start choosing investments and projects to invest.
It could be a good strategy for others but not truly effective for everybody.
It could be a good strategy for others but not truly effective for everybody.
He will learn his lesson sooner or later. That not all suggested links are credible to invest his funds. That his own research and assessment is necessary before spending any penny to these crypto projects. CMC is no way responsible if someone will invest on a certain crypto project. They are merely providing data to the crypto community and not all data are reliable. They can't track the authenticity of all these info.
Nice warning. Maybe that newbie has heard that suggestion from someone who uses coinmarketcap's newest listing where he will invest. And it has been passed on and made that as his strategy for where he will start choosing investments and projects to invest.
It could be a good strategy for others but not truly effective for everybody.
It could be a good strategy for others but not truly effective for everybody.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
That's the fault from the newbie's side itself who invest based on that page without doing their own "research", to be honest that's the foolest behavior as an investor. I don't think blaming either CoinMarketCap or any market cap sites is the right action, moreover CoinMarketCap already provides added educational sources at the bottom of the page which it's not really bad IMO. It's interesting that they have no warning whatsoever. Wish they had "Unverified Projects" close to the "New", plus *Use at your own risk* in red or something. Besides, it's better to have the unverified projects on separate page and the verified ones on main page. Thought that was part of the reason the platform was bought.. to sanitized it?
I like this concept. I hope they make something like this.
The fact that Coinmarketcap was I acquired by binance, people expected it to provide a better service for everyone. But the opposite is happening, the site became slower, the charts and the data are not exact (e.g. BTC dominance, volume, etc.). I hope this improves in the future.
They also should create better charts layouts for analysis like the one in tradingview or the chart in binance, which can help many traders.
It's interesting that they have no warning whatsoever. Wish they had "Unverified Projects" close to the "New", plus *Use at your own risk* in red or something. Besides, it's better to have the unverified projects on separate page and the verified ones on main page. Thought that was part of the reason the platform was bought.. to sanitized it?
After binance has taken over the coinmarketcap there have been significant changes and new features have been made available as well so I am looking forward to something which can analyse each project and give expert opinion, it could just be a small portion around each project or simply a paragraph. I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
The newbie is only making a big mistake and I wonder who taught him that approach to investing in new tokens. Just like you told him the truth, coinmarketcap do not care about any token what matters to them is to list the token and that's all, any other thing such as investing now depends on the investor and the result of his study about the token (if any).
I just wish newbies will always take time to ask questions before taking certain steps because in this crypto space, Information is very important as it will guide a newbie into doing the right thing hence differentiating between hype/scam projects and potential projects.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
It isnt really that bad though because you arent really that financially capable if you do just bought anytime a new coin that had been listed but if you are really that wise then you can somehow search or nitpickwhich project is good for you to invest on.Its true that CMC doesnt really care about legitimacy of the project and just tend to list out every new coins in the market that do exist and of course
its neither these coins will hit up some value or totally shit since from the beginning.That advice you had heard into isnt really that bad if he had added up that only choose the best ones.
The question is, how to choose? Then this is your own job to be done.I cant deny that theres still money or profit to be made if you do made out the right decision.
after i saw most of the new coin list on the site it is Defi coin. and I agree with you even not just beginners but for anyone, not easily attracted by coins that have no real use cases. In addition, this coin is a counterfeit coin of the Defi concept. I think be a smart investor and don't misplace your money on a bad project.
in my opinion new project must pay the fee to be listed on coinmarketcap site
There is no pay to listing on coinmarketcap, is just a coin provider information.As long the coin/token meets the criteria listed on coinmarketcap they will list no matter the project about ponzi or anything. You should read and try to google it about the criteria listing on coinmarketcap.
But if you want to give some tips for them, they can accept some donation.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
Coinmarketcap is just a price indicator if you think that Coinmarketcap will show you what coin is good to invest, you will end up losing everything so many coins in the market are pump and dump coins, that is if you are looking for a new coin to invest, but if you are investing in the top and legit coins in the market, then coinmarketcap is your friend and ally.
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
in my opinion new project must pay the fee to be listed on coinmarketcap site
thats why we must be more selective to drop our money in a new crypto on coinmarketcap site
always DYOR before investing
I think CMC is a platform that accepts payments from any project developer which can be verified to be shown there. But I don't think they will accept any offer without doing project authenticity and checking. Have you ever tried to find out how they do it?
Read some of these article.
https://support.coinmarketcap.com/hc/en-us/sections/360008888252-Metric-Methodologies
https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria
CMC should not be used as a platform for making investment decision. It is simply an information provider that support you to do better analysis when you want to invest in token or coin. Whoever they are, I think everyone should consider the investment risk and also carry out an analysis before deciding which token or coin to include in the portfolio.
Read some of these article.
https://support.coinmarketcap.com/hc/en-us/sections/360008888252-Metric-Methodologies
https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria
CMC should not be used as a platform for making investment decision. It is simply an information provider that support you to do better analysis when you want to invest in token or coin. Whoever they are, I think everyone should consider the investment risk and also carry out an analysis before deciding which token or coin to include in the portfolio.
Yes, I would love to see some filtration from cmc about new projects, infact all listed projects, they should create a panel of experts who analyse each project and mark it either by giving stars based or out of 10 rankings also they should indicate suspicious, fake, scammy or low quality projects. This will be great service for crypto community and market and also money will flow to right projects only.
It's interesting that they have no warning whatsoever. Wish they had "Unverified Projects" close to the "New", plus *Use at your own risk* in red or something. Besides, it's better to have the unverified projects on separate page and the verified ones on main page. Thought that was part of the reason the platform was bought.. to sanitized it?
I believe newbies keep joining crypto space every day and I will like to share a warning about coinmarketcap and what most newbies are still doing wrong on this platform, if you visit https://coinmarketcap.com/new you will get the list of new projects listed on coinmarketcap everyday, a newbie told me that he choose new projects through the link I provide up there, the truth is coinmarketcap don't care, they list many new projects without caring about if they are legit or fake, tons of useless tokens are getting listed on coinmarketcap and you need to stop this madness before it's too late, majority of these coins and tokens have no volumes, stop investing on these coins and tokens, it will only end up breaking you
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