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.
Topic: Do you buy new coins? - page 23. (Read 3262 times)
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...
New coins that listed on market ? it is goof if we brave to take a chance with it. Because it will have high volume and price move very fast. But don't forget to be careful when pick order buy or sell. Thanks for all the responses...
I dont buy new coin because new coin usually has low volume and low market cap so this coin has chance to use pump and dump trading, now all old coin that has bigger cap already going down more than 80% so its better to buy them because all of them has potential to going up to highest price again.
It will be interesting to me to read the opinions))
Personally, I very rarely buy new coins. I buy those that I once earned in bounty and sold for a penny ... As a result, they certainly increased in price. And when there is a recession again, I spend a little ETH to buy. There are my favorites that I believe in. And who have achieved high performance)
buying new coins might be profitable. but, we must look at the developments that occur on the coin, because even though the coin has a pretty good price, but it is not developed, it can make a loss in the future. Personally, I very rarely buy new coins. I buy those that I once earned in bounty and sold for a penny ... As a result, they certainly increased in price. And when there is a recession again, I spend a little ETH to buy. There are my favorites that I believe in. And who have achieved high performance)
I always enter and buy the potential altcoin from top lossers in CMC or on the trading platform i am using and it was very effective to make a profit. It breaks easily at its lowest point the a secured profit is coming 10% and above. Just dont be greedy because it will also gets dump again after a day or two so you better watch the trading volume and their request to make up your mind what price to exit.
It will be interesting to me to read the opinions))
Personally, I very rarely buy new coins. I buy those that I once earned in bounty and sold for a penny ... As a result, they certainly increased in price. And when there is a recession again, I spend a little ETH to buy. There are my favorites that I believe in. And who have achieved high performance)
Personally, I very rarely buy new coins. I buy those that I once earned in bounty and sold for a penny ... As a result, they certainly increased in price. And when there is a recession again, I spend a little ETH to buy. There are my favorites that I believe in. And who have achieved high performance)
not all new coins for me to buy. even those who enter CMC are not necessarily good and have projects for the future. I still choose to buy new coins. and I bought a price dump for me to hold in the next few months. so it's very easy to determine profits.
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.
Yes I buy new coins, coins that just made it from ICO and selling below the ICO price is the ones that has a good fortune and if the project is a sustainable one, the coins can be a profitable after the project finishes all its development stage.
I never buy from top losers then keep an eye on it. I buy the ones I am interested with (to speculate with or simply to use). And I usually prefer to buy and forget. I am currently buying BTX Bitcore to #HODL some months for a nice profit and Horizen.
You can mine BTX is you prefer this way, Bitcore block reward is 3.125 BTX.
You can mine BTX is you prefer this way, Bitcore block reward is 3.125 BTX.
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!
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...
It's okay to be newbie in trading, but we need to have knowledge on some aspects that everyone should know better of an ico project. Being part of a community of an ico like being a bounty hunter, you actually have signs that this coin will prosper in future trading. How much more if it has a strong impact on the products promoted by the cryptocurrency itself.
Buying new coins is one of the most risky things you can do. If you want to take a risk I recommend you always use stop loss and keep them as short as possible.
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!
A good potential coins will tend to last even if you hold it for a long term that's why choosing the best coins is by looking their potentiality. Many coins who have been listed in exchanges but most of them are shitcoins that has good only for pump and dump. Too many investors are being victim by these pump and dump team specially if you were in an investor who just carelessly bought there token without even doing some research about their team. 
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...
Care to study either technicals or fundamental analysis. You should have solid conviction and not just those lazy observation of the price dip and gain. new or old they have their own support for the price they show.
PS. For new coins though with bounties, take it into consideration as some really sell in any price they want so it matters sometimes but if the volume is quite decent it doesn't affect that much.
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...
It depends on coins. Every single one should be thoroughly analysed. And only then, the decision is taken.
Risking and feeling will not be safe if you buy new coins at this time. By all means wait for Bitcoin to return, otherwise all new ICOs and coins will fail. Important with this point.
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...
If it is profitable and is not yet being abuse like pumping and dumping but if it is being abused already then i have to sell them all and find again another coins. Some coins are good for long term investments and some are for short term only, so it is better to do your own research for a coins that you like to trade so that you won't have any problem of either holding it for short term or long term. Thanks for all the responses...
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...
Honestly it's not wrong to test waters especially at new coins but people must understand the risks. As you mentioned, those coins are newly listed in Coinmarketcap meaning they reached a criteria why they are being listed there. A good sign but it doesn't mean people will have an easy way of profiting from that coins.
Old coins or new, still it's a "coin". Same principle is applied. You will make a self analyzation on it, check their daily volumes, check their trends, check everything etc. like the usual way of choosing a coins. So my answer here is not all the time I directly wait for new coins. It depends on the situation and if that new coins will passed my own criteria of choosing a coin.
I buy new coins but not always. I preffer choose top 1000 coins to buy and hold for some time and after sell in profit. Sometimes maybe i choose wrong and i can't get profit because new coins can't grow more over time. But for this who buy new coins i think is not good to buy if they think the price for the coin is to high at start and wait some days to see if there are enough investors who want to buy that coin.
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