How Sure Are You That You Invested In A Right New Coin?

logicgate

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Activity: 994

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Quote from: Burogh on October 30, 2019, 09:01:46 AM

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

I will feel confident investing in a coin when the coin is actively traded in a large exchanger. In addition, the active developer team in communicating with investors and the community gives its own confidence

When you are buying better to trust your own abilities than to take advice from other people or from any team I think the confidence that you are talking about will only come from your research. When you decide to invest in a coin then make research and get knowledge from old investors as well this way you will not be worry about your future profit.

ameliana

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Merit: 100

investing in new coins and old coins are equally risky, but in most cases new coins are far more risky than old coins that are already established or have been listed on large exchanges. in connection with that I will personally invest with the right new coins if in my opinion it is worth investing, if not then I will not make that choice.

pelumi20

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Activity: 712

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SmartFi - EARN, LEND & TRADE

I think it is impossible for you to be 100% certain that you invested in the right project. But it is possible for you to be sure it is not a scam project.
The way you can do that is to track the team social media accounts and be sure that they are real people. You can also look out for the partnership they have to see if it is with reputable organisations and confirm the legality of it.

duuuuude

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Activity: 938

Merit: 500

What confidence in cryptocurrency at this time can be? Even when a company has a work product and a good team, this does not guarantee success. How many such projects have already been.

Coroline

sr. member

Activity: 1092

Merit: 256

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

at the moment I am not interested in investing in new coins, although they promise a good concept basically the market will determine. but if it attracts many people I will join because it has the potential for the future

South Park

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Activity: 2884

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I am terrible at Fantasy Football!!!

Quote from: Nawrod on October 30, 2019, 06:59:47 AM

You cannot be 100% sure of your choices. Not is the cryptocurrency world. My choices are just based on my experience, but if you are a beginner, I recommend you to learn the market first, do not invest too early.

How I wish that more people followed that advice, when they hear about the market of cryptocurrencies they are excited about the profits they can get but they never think about the losses they could suffer, and we know that if you are a newbie investor the chances that you are going to lose your money are many times higher than the chances that you are going to earn a single dollar, the markets are not going anywhere you can use your time to learn and once you ready then you can invest your money in whatever coin you may like.

K4C

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Activity: 448

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$CYBERCASH METAVERSE

I can answer this question with confidence because I know that before investing in any new coin or project, I do mydue diligence on it and even though my instincts and research has occassionally failed me, those are definitely the minority, DYOR always and ignore what people say.

JessicaVL

member

Activity: 346

Merit: 47

Look, you can almost never be 100% sure - there is always going to be an element of risk. But if something doesn't seem right, definitely wait it out. Rather buy in later than run the chance of losing money. Also, doing your own research is absolutely vital. Don't just trust what comes from other people - make really informed decisions. I trade on Vertex, and it feels a lot more secure since you're buying P2P from other traders.

landoffaucets

hero member

Activity: 1204

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When you invest in Bitcoin, you can be 100% sure that you didn´t make a mistake, but when you are looking for altcoins situation is little bit difficult.
For example Ethereum seems like a right altcoin, but it has very bad history connected with DAO hack and hard fork, so it is really decentralized?

gensol

jr. member

Activity: 714

Merit: 3

You can't be sure of this. Many projects come with promises which never gets fulfilled for years. Some come with little or no promise but make positive remarkable impact within a short time frame. There's no knowing from the start if a project is right or wrong.

Burogh

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COVIR.IO

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

I will feel confident investing in a coin when the coin is actively traded in a large exchanger. In addition, the active developer team in communicating with investors and the community gives its own confidence

Gotumoot

sr. member

Activity: 1372

Merit: 261

Quote from: huu78 on October 29, 2019, 10:20:47 PM

I am sure if their projects are real and have offices in their country and we can visit to make sure that they are right there. But most are not and they use a fake team photo to manipulate investors into interest and blur.
It is difficult but yes we must be clever in reading such conditions such as reading the Roadmap, whitepaper, team, social media, etc.

Even ICO campaigns have Office, We should not trust them immediately. Many ICO campaigns last year had a similar fraud strategy.

What they do is they are looking for a Country Ambassador to rent an office for their ICO campaign to make their company look more credible. And once they collect huge sums of money into their ICO they will disappear like bubbles and the angry investors will focus on the country ambassador who just wants to earn money for promoting scam ICO campaign.

tambok

sr. member

Activity: 812

Merit: 260

Although I am confident with the coins that I am investing, still it is not gaving an accurate result. It really depends on the market and on the project itself. Investing is a gamble no assurance at all, no guarantee that you will always win with what you are investing.

But for me, it is better to try and try (of course with proper research and risk management) rather than doing nothing.

Nawrod

jr. member

Activity: 135

Merit: 1

You cannot be 100% sure of your choices. Not is the cryptocurrency world. My choices are just based on my experience, but if you are a beginner, I recommend you to learn the market first, do not invest too early. Plus, you can check the new CoinDeal's feature called Galaxy Score which could help you to decide which coin is worth buying. As far as I know, it's okay

huu78

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Activity: 1204

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Undeads.com - P2E Runner Game

I am sure if their projects are real and have offices in their country and we can visit to make sure that they are right there. But most are not and they use a fake team photo to manipulate investors into interest and blur.
It is difficult but yes we must be clever in reading such conditions such as reading the Roadmap, whitepaper, team, social media, etc.

llecrf

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Activity: 420

Merit: 1

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

Many new projects and I will choose projects that are friendly with community members, I will see how they run ICO or IEO, the distribution of coins to Investors and whether the development team has made payments to Bounty participants.
From there I can see how the project really wants to build projects quickly and well.

flagpara

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Activity: 756

Merit: 100

Quote from: coin-investor on September 21, 2019, 09:25:05 PM

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

Only Binance exchange help me to invest in right coin. This situation I have less interested to invest any promising coin with new concepts. Although approximately very low projects has fully new concepts to build. Only new idea or services is make me sure to invest in new altcoins.

biddicoin

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i have high confidence if i invest in binance IEO coins, it is a new coin in the market
based on my research, i found that most of binance IEO coins are success in the market, they go 2-10x in first listing
others new coins than that, i am not sure and have big doubt

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Plinteng on October 26, 2019, 03:01:19 PM

at the moment I am no longer investing in new projects from the beginning of 2019 until now, because I am not sure about some of the new projects that are on the crypto market, most of them end in fraud. at the moment I am only following a random project and even in the previous days many projects did not pay me.

I am in the same position except that I have kept this posture for a longer amount of time, I would love to support projects that need the funding but most of the coins released now are not really trying to achieve anything new in particular, those projects are created by scammers that have heard they could easily make money by creating their own coin and the only way to get rid of them is not through regulation but by simply not investing in them.

Shasha80

sr. member

Activity: 1876

Merit: 318

In 2019, it must be recognized that altcoins investment is very risky, especially new coins must be thoroughly examined properly
so as not to choose the wrong coin. Honestly, for new coins, I dare to invest only coins that have entered exchanges, for exchanges
it must also exchange the best. To be more confident in investing in these new coins. And I prefer Coins from IEO projects compared
to Coins from ICO projects let me be sure again. If it's for profit, it's investing in new coins the profit is greater than investing in old coins.
But the risk is also greater if you choose a new coin for investment can be a scam or get shitcoins.

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