Topic: Do you buy new coins? - page 22. (Read 3254 times)
For buying new coin it can't be only see from the CMC, you need to check the whitepaper the developer and the potential from different source of information, so we can have a more accurate data to speculate the new coin, and its not right to see the top loser coin and then buy it and wait for the price to go up, because sometime the price won't go up anymore, CMC itself cant be rely to make the decision, you need to see the chart to determine whether the price could go up or not
I don't buy new coins that recently release. Because its hard to trust new coins nowadays. Their value drops very fast. I just bought establish coins. Because i got good payouts everytime i buy them.
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...
Thanks for all the responses...
There's nothing wrong if you buy new coins. Even if the coins are new in the market you can do it any time you like, as long as you see the volume is high even the price on the contrary is in cheap value why not. Buying new coins also is depend on your discretion, besides you can see how traders whether buyer or seller how active they are in each every altcoins while you are in the platform market.
Basically, I don't often buy a new coin first I research the market value of the coin after that will decide to buy a new coin if it is profitable. Sometimes there is some risk behind the new coin so before collecting new coin obviously, need to evaluate the market price of the new coin.
I buy and earn new coins, like most of us here. I am long term trader, only like that is possible to make some profit with not so big risking. I cant guess which number of new coins will succeed in future, reach some high price and strong community, some will succeed some will fail, I think we need to diversify and have more coins in possession, just one is to big risk. So people start to buy cheap coins after your research, now its the moment to buy a lot of coins with couple dollars, in future, just one coin will be a lot of dollars.
It's more on the earning for me through bounties. I don't really feel confident about new coins especially nowadays and the risk is too much for me to spend out of my own pocket. Though back in the days it was quite worth the risk. Now it sems there are more scam than legitimate ones.
I buy and earn new coins, like most of us here. I am long term trader, only like that is possible to make some profit with not so big risking. I cant guess which number of new coins will succeed in future, reach some high price and strong community, some will succeed some will fail, I think we need to diversify and have more coins in possession, just one is to big risk. So people start to buy cheap coins after your research, now its the moment to buy a lot of coins with couple dollars, in future, just one coin will be a lot of dollars.
Yes especially when the coin is very cheap on they early stage and it will make possible comes with a great research you need make sure about the project when it is a promising roadmaps and the check the whitepaper if it is true always do that before you invest of new coins.
If I rethink of my judgement to choose, I usually choose not based on what you mentioned in your statement. I chose because it was good. And the good criteria can come from various things. It can be from its potential, its charts, popular opinions etc. Putting options on the 'top loser' token carries an excessive risk, so personally, I really don't recommend it.
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Yes, I buy new coins but with caution, I study their business proposal, their business concept, and their roadmap and plan, I am meticulous in terms of the Announcement design and how they handle the promotion or advertisement of their project. Sometimes i buy coins or tokens that are top losers when i look up on their history and found out that those coins are having a good trading history in terms of trading volume and stability.
I am personally not buying new coin right now. Most of the coin at this stage are not potential and profitable. Maximum coin has not bright future and they has no strong team behind. I prefer bitcoin, ethereum, litecoin still now because all the avobe coins are much potential and strong, well known also.
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...
Thanks for all the responses...
In my case I am not buying a new coin. I prefer to buy coins that I am already familiar with, the coin that I already prove a good coin. It is hard for me to trust new coin I don't know why. I do not want to take the risk. I feel that I have 80% chance of losing amd only 20% chance of winning.
Personally, no but that's only because of my personal financial situation. That's not to say that some coins aren't worth buying, I'm sure there are some good ones but takes effort to find them.
I rarely want to buy new coins, but many investors buy new coins in the market, or they buy them at the time of the sale of the ICO, but I suggest you do research before you buy a new ICO coin, because for me very risky, for example, we will choose wrongly, and I personally prefer to buy coins that have long been in the market, which has lowered the price.
It is very risky if we buy new coins from the new projects since there are numerous scam projects. It will be better to see the development of a project for at least a year and make the decision based on our own reserches.
I don't buy the new altcoins at this time because the market is very bad.but if you buying new coins is one of the most risky.it can make a loss in the future.
I rarely want to buy new coins, but many investors buy new coins in the market, or they buy them at the time of the sale of the ICO, but I suggest you do research before you buy a new ICO coin, because for me very risky, for example, we will choose wrongly, and I personally prefer to buy coins that have long been in the market, which has lowered the price.
I have participated in several groups on telegram and used some new Altcoins notification application to listed to Coinmarketcap from a free provider. I usually buy a new coin because I believe it will increase or help me make a profit.
This kind of telegram group is very helpful and you can have more profit on this one. I rarely invest in new coins, because I have to look for more good coins which can really give profit in the long run, i also wait for the dump in the exchange because this is very common now.The investors of new coins has decreased because of many scams project, hopefully they will come back in cryptomarket and buy more new good coins.
Both strategies you mentioned in your post are good one. Investors use any of them that they are confidence with. But you can still do some research on some new coins by joining some investment telegram group. Most of these groups discussions let out vital information concerning coins that are new to the market. So you can pick some and add to what you know to make some vital business decision whether to invest or not to. Good luck to all investors.
Well buying coin in the status of the huge market dip is really a great opportunity due to its huge dropping or maybe falling of the price of so many crypto coin in the market place. So then i believe that buying coin is good today. I believe that there are so many coin that will maybe rise soon so let's prepare by buying and holding it for good.
it's a good opportunity to be used as one of the purchasing options we can still get coins at low prices and the potential for rising coins will be very high. it becomes an advantage, especially if it's a new coin I think the price will be very low and when the pump will be very high.
Sometimes I bought from the "Recently add" coin but after I triple check their background and got a good entry. But atm, most of the new coin are scam
I buy new coin however, I do make my good research on the token before I buy or invest in any trade. Also, in trade now people must be very careful about any thing they we buy in other not to lose money.
Research is always the thing as you do not want to get caught up on a shit coin and then see yourself bag holding for the rest of your life. Trading requires you to have a strategy and a thought out one as well, which includes which market to be trading, how to be trading those markets and accessing your level of skill each and every time so as to fine tune your strategy.A lot of people today when they see others making shit load of money from trading, they just assume they can pretty much just hit the market and start trading immediately, but it is never like that. Coins you buy should be based on coins you trust, and normally as a trader, you should have been able to build up your own portfolio of the coins you analyze every time.
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