How Sure Are You That You Invested In A Right New Coin? - page 12.

Bonwin

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Activity: 798

Merit: 38

Quote from: coin-investor on September 21, 2019, 08:25:05 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?

Well, new right coin might mean a lot of things, but I can say emphatically that there might be a lot of of altcoins in the crypto space, but to find the most appropriate might be very hard. So most times, people just invest by making projections from their analysis, but that does not mean that the coin will last long as expected.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: coin-investor on September 21, 2019, 08:25:05 PM

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

Because before doing that, I read different source and reviews about a certain coin. Before I invest without doing that but after learning with the coins that I've lost it's now time for me to start applying that lesson.

Quote from: ?? on ??

Don't believe any promises that makes by new project

Correct, there are coins that are obviously wanting their investors to feel secured upon investing to their project. But in reality, they don't feel what the investors feel if they start applying their self interest.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

If we want a market assurance better not to choose new coins rather than to have Bitcoin or some altcoins.
Not really encouraging to risk our money to new coins since most of them aren't giving returns nor to see them growing afterward but rather to see them dying. Only we could give some consideration if it has a working product and listed already at known and reputable exchanges.

sujonali1819

legendary

Activity: 2436

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actually I am now afraid with newly launched coin/token. So basically I will suggest investing in known project which is potential and running at least 1 years. When I want to invest for the long term then I choose a coin which is more potential and promising and continuously developing their project every day, On the other hand when I want to invest for short term then I investigate about the market situation and try to got the next hyped coin. But it is so difficult to sure. sometime I win sometimes loss.

Kemangi

jr. member

Activity: 71

Merit: 1

it's the same as how much trust I have with projects in this market. actually investment depends on each other's trust and I will not depend on others. as long as I feel confident in the project, of course I will accept it.

pixie85

hero member

Activity: 2184

Merit: 531

You can't be sure unless it's your coin or a coin made by someone that you trust. I invest only in projects that I trust and if I don't I treat it like gambling. Now I'm investing in coins just to stake them and sell with a profit and the majority of my investment is in Bitcoin because this is the only coin that I fully trust.

MCDev

sr. member

Activity: 680

Merit: 255

Quote from: coin-investor on September 21, 2019, 08:25:05 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?

Very simple, you just need to research the project carefully and choose a project with a product. There are large investors, and listed at many major exchanges

Winscosinally

member

Activity: 490

Merit: 16

Its very trick if you ask me, some projects will look like they can't be trusted and yet they will succeed and you will be blaming yourself for not promoting such project or investing on such project, sometimes you will see promising projects with good teams and they will end up failing, the truth is no one knows

Mighty_crypt

member

Activity: 784

Merit: 21

Quote from: coin-investor on September 21, 2019, 08:25:05 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?

Its risks taking we are talking about here, they say no risk no reward, once you do your part on researches the rest is on how lucky you are, you cant predict which one will be succesful, you just have to give it a try and see how things play out

krb91

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Activity: 254

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Streamies Rocks!!!!

Investing in a cryptocurrency project is a risky venture. It has the potential to return huge profits or result in complete losses. It is always advisable to do due diligence on projects before investing. It is always very important to verify the team members for a non-anonymous team. Investing in projects with an anonymous team is very-high risk and should not be considered. Personally, I prefer projects with a working project which is either tokenizing it's assets or services.

criket

full member

Activity: 896

Merit: 100

I will feel confident when the new coins are listed in a large exchange. although there is a possibility of falling prices still occur, but I believe the demand from trading that occurs in large exchanges can help stabilize and restore the price of new coins has increased.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: coin-investor on September 21, 2019, 08:25:05 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 am so not sure at all. I have invested into a coin that was at around 4k satoshis and heard that it will go up, I bought it and it went as high as over 8k satoshis at one point, I sold just a few coins and made 0.5 profit! I didn't even invested that much but with extras I got that much (was more like 0.4... just rounded), after that I saw it going down and felt like I should buy more so I can make more money next time it goes up.

It kept going down and down even more and more which resulted with me losing more and more of my money. Now if I sell all my coins together it doesn't make 0.5, of course I can't even get that if I want to, there is no volume at all and I would have to destroy the coins prices if I sell and even with that I would probably get only 0.2 or so at max.

Luthfiyaaa

full member

Activity: 468

Merit: 100

I'm also not very sure about investing in new coins, but usually I will be sure if the organizer of the new coins is already trusted. because usually with so many people who are interested in these new coins and rarely become fraud.

cunguks

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Activity: 854

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I have never felt confident in investing my new coins. I consider it a gamble that I do by buying and investing new coins. but I certainly have my analysis before buying, even though no one gives a guarantee of investment that I do will bring in profits.

so far only new coins in the binance DEX and binance that I follow its development and I buy.

mamesso

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Activity: 2114

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When you invest, it's not just profits that you have to calculate, but the risk of loss must be taken into account too. If you want to invest, you should invest safely. Don't be easily tempted by the promises offered, because the promise they made was only to attract the attention of newbie investors to want to join their project.

jhenfelipe

hero member

Activity: 1372

Merit: 647

How do you identify the word "right"?

When I want to invest, it's research + instincts. But I still can't say it's a right coin, I believe we can't be 100% sure. The project might look legit, but ended up being scam. Or you see it having a great future because of the developments, but ended up failed.

There's always a risk, you just minimize it.

xOdiumNostrumx

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Activity: 1064

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Its almost always a gamble when you are investing in less known projects, so you never can be sure about its future success. Its on you that you try to weed out projects with red flags and potential long term shortcomings and bet on the most bulletproof projects out there.

Mila52

full member

Activity: 1022

Merit: 106

Quote from: Tipstar on September 22, 2019, 08:04:28 AM

Quote from: coin-investor on September 21, 2019, 08:25:05 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?

The best of us do fail. So, mostly it would be wise to diversify your investment in a number of coin and go with the flow. Invest in the most invested ones.
For now, BNB is my 1st choice of investment, though it's future is highly dependent on the future of binance, It could be the next big coin if binance keeps it's regime for the next decade.

For a new coin, any, even thorough research is like fortune-telling on a coffee grounds. First of all, trust yourself and your intuition. I choose projects which give for utility for the community, I invest a bit so as not to regret the loss in case of failure. coins. There is another interesting new project, I participated in the bounty. The coin after going to the exchange and the distribution dumps a little,but not critical.It's Sessia Kicks( KICK). And of course BNB,XLM .

dataispower

sr. member

Activity: 1330

Merit: 289

You can only be sure that the project is genuine and has solid team, product, good tokenomics etc but you can't be so sure that the price of the coin/token will go up or dump after listing. The market factors will decide the price. Some projects even with great devotion from team still experience price downtrend with their coin, so it's a matter of grace.

Tipstar

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Activity: 1932

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Quote from: coin-investor on September 21, 2019, 08:25:05 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?

The best of us do fail. So, mostly it would be wise to diversify your investment in a number of coin and go with the flow. Invest in the most invested ones.
For now, BNB is my 1st choice of investment, though it's future is highly dependent on the future of binance, It could be the next big coin if binance keeps it's regime for the next decade.

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