Topic: Do you buy new coins? - page 14. (Read 3254 times)
Certainly. I bought a DCN, VS, NPS, WAVES. I think it's a good investment. Until that not disappointed.
Investing in new coins can be very profitable, when the market is in bull trend. You can make x5 or x10 profits if not more. But when the market is downward trend then it would be better to avoid them.
But if the reversal trend happen and then you should change your method to generate the profit from the market. Buy the bottom and sell at the peak to join in the ico is not a good way but that depends on the which ico that makes you interested in it. It's so easy to say that a good ico will give you a lot of profit.
I wouldn’t suggest you buying new coins because it’s riskier. Moreover, there are lots of scam projects, and it's hard to find the one with the best potential. It would be better for you to start with the top cryptocurrencies which have proved their effectiveness and won’t disappear from exchanges. I prefer trading coins that are available on reliable exchanges such as CEX (https://cex.io/buy-bitcoins). The number of supported cryptocurrencies is not large but it's enough for beginners.
I choose to buy from the dumper in a small market, I will hold a few moments and resell at a higher price and in a bigger market if its possible, this makes a lot of profit for me, even though sometimes I lose, the market is sometimes cruel, so be careful use this strategy.
Investing in new coins can be very profitable, when the market is in bull trend. You can make x5 or x10 profits if not more. But when the market is downward trend then it would be better to avoid them.
Why not? Because what if the new coins is the possible next bitcoin.
which coin? some new coins now only tokens that created by smart contract of ETH, and new coins that can means to be real coin not really good in market, and some of it not launched yet.
Why not? Because what if the new coins is the possible next bitcoin. But before you invest to the coin better if you are going to buy altcoins that you think is really potential. You need to be observe new coin to know what is the good and not.
Personally I do buy some new coin if I follow them since their ICO. However, trading some of them isn't a good move due to they have no liquidity.
It doesn't matter about new or old coins, Its all about potential. If a new coin has potential then I always feel good to trade with that! As you are new in trading then you have a fear about loss, right? Then don't follow top gainers or losers statistics. You need to follow the trading section, analyze the market price chart, keep an eye on the latest update about the crypto market and your favorite coins, don't go for every coin, after researching well, choose a few stable coins to trade. Yes, you can buy new coins for trading, as we do!
I only would buy in into very stable projects after I have done my diligence on them. Projects like cargox, covesting - those are projects that I feel secure and have great potential.
Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...
in General, it is better to first study a particular coin and then you can buy it as soon as it can increase in price many times.the market is not predictable.but if there is demand there will be supply. Thanks for all the responses...
no, because I prefer to choose old coins that are already on the market because the new coins are very risky, because now there are so many new coins that have been scammed. so it's better I choose old coins like bitcoin for my investment
I do buy new coins but if you are asking in this market situation, then the answer is no. i try to stay away from amking investments in low cap or new coins. These coins are pretty risky in terms of investment when market overall is not behaving positively. Such coins lose value the first.
It is very dangerous to buy new coins in an unstable market at this time. And people usually focus on buying top coins. However, I like to take a risk and I bought some new coins at a too cheap price.
although the market situations also are desirable, even though the top stable coin can also revel in the chance of the top stable coin on the inflation list, despite the fact that there may be some coins to boom charges, however it can handiest be left for some time.
It all depends i'm investing to any coin as long as I know that the coin or the project itself will be worthy soon. But it's up to you sometimes it's better to invest on a coin which once a stable and drops just like bitcoin.
But we all know that risk is always present in investment so we should be responsible in every actions/investments we're going to do.
But we all know that risk is always present in investment so we should be responsible in every actions/investments we're going to do.
I am a person who has just learned about trading and I think it is too risky to buy new coins because we don't know how the coin is developing and I might not dare to take that risk.
I sometimes often buy new coins to benefit from these coins, but keep in mind this is a new coin, you must know in advance about the coin is good or not for short / long term investment. to determine whether or not the coin is good sometimes I refer to the following:
1. how many coins are sold during the ICO (if he has one) if a lot means good if a little means bad
2. how big is the community
3. the activity of the co-developer / team like on YouTube or in the form of photos of photos on their social media
if the three things above are good then chances are that I will probably invest / buy the new coin
1. how many coins are sold during the ICO (if he has one) if a lot means good if a little means bad
2. how big is the community
3. the activity of the co-developer / team like on YouTube or in the form of photos of photos on their social media
if the three things above are good then chances are that I will probably invest / buy the new coin
I think buying new coins is very dangerous, new coins are not stable, you can wait for it's stable after some time and then buy it , if you want to buy new coins right away then you should find out thoroughly for new coins which you want buy, I recommend you should buy the coins in the top 1-100 of CMC, it will safe for your investment rather than buy the new coins
I did not buy the new voin, because I was afraid that I would regret more if the new coin was destroyed when the market was like this. not a few people regret when they save a new coin and the price is not what they expected. I do not want to buy, but I continue to hunt for new coins from sharing the existing ico campaign. by participating in the campaign, I will get Iico coins without having to buy, and I think that is my way to minimize the risks that occur to me. after I get the reward, I will save or sell it if I feel satisfied with the new coin price that I hold.
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