Is it good to invest on cheap promising coins? - page 2.

kanayaTabitha

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Quote from: watergold on September 27, 2021, 06:58:16 PM

when I saw the title of the thread that you made I felt interested in it and maybe I would argue that as long as it is profitable according to your analysis and research, why not buy the coin.

but after reading the whole content of the thread that you made I can conclude one thing, compared to you wanting to buy a coin I feel you are like a promotion for that coin

I don't know which direction you want, but if you feel confident with the coin, why not just buy it. but maybe I still don't intend to buy it even if you do it while promoting

The title is soemthing that many people want to know right now, which very good for baiting people to click on the thread Cheesy

The OP has a good strategy to make people see his promoted coins but the content of the thread is not interesting enought to make people invest.
i'm sure it's promotion because the user is freshly new and the name of the user is also refer to the coin's name, so i think it's a promotion strategy to make the traffic to the project website.

matchi2011

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Quote from: Shallow on September 27, 2021, 06:23:16 PM

According to your post, it is being mined since 2017 and from coinmarketcap, it has been trading with an appreciable trading volume, thus can be classified as low cap coin in my own opinion. However, I would say, before going forward to invest, make sure you understand what you are getting into as this space is unpredictable, although it's good you are considering long term but also make sure you are doing so with funds you can afford.
Another point is, what is the assurance it will grow, when there are top privacy coins already which will overshadow it. Therefore, if you still want to invest after your due diligence, then go ahead but use your spare funds, and also wait for a good entry price.

What is important is you do your DYOR and if you are convinced that you still have good potential to earn from this project moving forward is okay, better to use amount that you are willing to let go or amount that's okay with you to spare more time, there are chance that the cycle will turned against you make sure not to fall, it will lead you to lose your money if you got shaken and you panic selling your assets.

Questat

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Quote from: Mpamaegbu on September 26, 2021, 12:53:57 PM

From what is in the OP, the user isn't seeking advice or anything close to that. They're actually shilling a particular token and hiding under the guise of interrogation.

That is obviously to see. It is a sort of market promotion, well, that sounded he pushes their project to get attention and in hypes but I'm not sure how it attracts investors.

Quote

If it were a genuine question seeking suggestion I would say; yes, investment in cheap but promising coins is the way to go. Just make sure any coin you pick has a use-case and committed team. Those are what truly matter.

None of the promising coins will value that low, as the demand increase, the price will also to increase. That coin that OP is shilling is something we need to be careful of, I'm in doubt of its potentiality. Maybe I was too negative but that is much better to be sure of than to regret later.

watergold

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when I saw the title of the thread that you made I felt interested in it and maybe I would argue that as long as it is profitable according to your analysis and research, why not buy the coin.

but after reading the whole content of the thread that you made I can conclude one thing, compared to you wanting to buy a coin I feel you are like a promotion for that coin

I don't know which direction you want, but if you feel confident with the coin, why not just buy it. but maybe I still don't intend to buy it even if you do it while promoting

Shallow

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According to your post, it is being mined since 2017 and from coinmarketcap, it has been trading with an appreciable trading volume, thus can be classified as low cap coin in my own opinion. However, I would say, before going forward to invest, make sure you understand what you are getting into as this space is unpredictable, although it's good you are considering long term but also make sure you are doing so with funds you can afford.
Another point is, what is the assurance it will grow, when there are top privacy coins already which will overshadow it. Therefore, if you still want to invest after your due diligence, then go ahead but use your spare funds, and also wait for a good entry price.

BAGOBO

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The way to promote the project is totally unprofessional so no investors will be interested in investing assets in this project, We will analyze more deeply on every new project investment and this coin is not worthy of investment recommendation because we only add top coins and potential coins in our portfolio.

Rana590

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There are a lot of way to promote a project. But your promotion method isn't working here because people are not foolish anymore. Better try to improve your project by adding more features. If you're able to attract investors in organic way, your project will be growing so quickly.

add1ct3dd

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Quote from: maju69 on September 27, 2021, 07:21:01 AM

Quote from: albon on September 26, 2021, 01:31:15 PM

Cheap and promising coins have a golden opportunity to invest because their current price is not expensive and the value of these coins may double within a short period and these coins don't require a large capital like the famous currencies, so it is the first choice for all beginners investors to get good profits in the future.

Have you done your research on the coin this OP is referring to? what can guarantee that the coin is really as promising as you say? what is the basis for this statement? As an investor, I certainly need to ask questions because you are one of the people who seem to convince beginners. Certainly not just any nonsense.

This is main point for investment if you have already done your homework like all information about product team and development then you can jump into this ocean because it's all case about your own funds so never relay on others' opinion. You never can tell what the future of the coin is going to yield. The problem could be happened after investing in this coin that when you want to sell this urgent you will not much volume to sell it.

This coin is not even worth to invest Some people have been mentioning enough reason, but you must at least take some privacy coins as an example. For me, I will invest in Bitcoin, Ethereum and Litecoin rather of investing into this.

ScamViruS

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Quote from: Anonylz on September 26, 2021, 01:04:20 PM

If you see anyone that's worth it, why not, that's even the best way to make your money because the project is cheap and promising so at the time it becomes expensive you would have made some good profit, if you are serious with your question then my advice would be go ahead.

The market will give you many opportunities. You have to find the right opportunity and use that opportunity in the right way. You will find a lot of coins in the crypto market which will show that those coins have a chance to do something good in the future. But most coins do not reach the level that is expected of them.

So even if you find a coin worthy, you have to research more deeply before investing in that coin. Because if you take a position on that coin, there will be no way but to see what happens in the near future.

CryptopreneurBrainboss

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

Anyone can advice if this could be good investment for the next 2 years ?

Surprisingly I'm just hearing about this coin of recent and I wouldn't be advising anyone to buy into an altcoin that has been around for years yet it's unknown. There's a reason why people don't know about it for so long and that's because they're not good compared to their counterparts in the marke, if not by now they should have been highlighted..

Having just zero fees or been a privacy focused coin isn't just a enough. If you're going to explore the altcoin market then you have to put some things into consideration like marketing power of the project because there are so many out their that if you don't market your project, it's unlikely to succeed.

The marketing should be to backup the project and not to overtake it in the sense that it becomes the whole focus of the project instead of working on its utility.

glendall

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

supply ~10m out of total 17m
not a few friends, although privacy tokens, I'm a little afraid to invest here, but I'm not an advisor, so it all goes back to each individual

Pelana vreo

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

Hello everyone,

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

official site :
https://zero.directory

explorer :
https://zerochain.info

marketcap :
https://coinmarketcap.com/currencies/zero/
https://www.coingecko.com/en/coins/zero

Anyone can advice if this could be good investment for the next 2 years ?

I've never heard of this coin, but if you've done some research with the coin, then that's your decision, because from what I see, you don't give much choice from your post.
There are many new coins https://www.coingecko.com/en/coins/recently_added and you can trade for profit.

evichi

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Observing Zero coin on Coinmarketcap reminds me of the initial purpose of Bitcoin 'Be Your Own Bank'. Zero coin have interesting characteristics, which includes very fast transactions and almost zero fees depending on the network, transactions can be zero. These unique features makes the coin very promising. Though it was first launched in 2017, the future is bright especially if there are ongoing developments, just like Cardano. While it is promising to invest, I will suggest investing funds that you will not access for a long time if not years.

Koro-Sensei

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Yeah why not specially those with good product and vision. I see some good coins having low caps these days specially those who have good product. One of these is GOMT who have a product already at app store and playstore. Still at the shadows good for investing. Aside from that, these coins have the most potential for moonshot compare to mainstream coins.

maju69

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Quote from: albon on September 26, 2021, 01:31:15 PM

Cheap and promising coins have a golden opportunity to invest because their current price is not expensive and the value of these coins may double within a short period and these coins don't require a large capital like the famous currencies, so it is the first choice for all beginners investors to get good profits in the future.

Have you done your research on the coin this OP is referring to? what can guarantee that the coin is really as promising as you say? what is the basis for this statement? As an investor, I certainly need to ask questions because you are one of the people who seem to convince beginners. Certainly not just any nonsense.

NicNacCoin

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There are some cheap coins that are much cheaper at one time but then increase so much that it is surprising.I saw a lot of coins that were very low in the first place but later increased so much that we had to regret a lot.Below are the names of the coins that were very low in the first place
HEX
ACH
YOUC

btcltcdigger

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To boldly go where no rabbit has gone before...

Even tho it's cheap and has a small cap, it also has like 10k daily volume, which is miniscule.
I'm affraid this is a dying coin, and i don't see any future in it.
But good luck tho on your gamble

lixer

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Quote from: FreeZeroCoin on September 24, 2021, 07:14:14 AM

I'm thinking about to invest in Zero coin.

it's being mined since 2017.
supply is ~10m of total 17m.
it's a privacy coin, still cheap, and has zero transaction fees.

It’s not bad to invest in small coins, depending on how good they are they can grow tomorrow and reach a high price. But from your name and your post it’s quite clear that you’re shilling this particular coin.

Anyways, I have gone through the website and also checked coinmarketcap.com, I think the coin is good. Though the market cap is quite low; $2 million market cap. The team can still put in a lot more of hard work and try to run promotions on social media platforms to give this project a little more push. Shilling it on forum is not really enough for it get big, they have to do more.

tvplus006

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Quote from: albon on September 26, 2021, 01:31:15 PM

Cheap and promising coins have a golden opportunity to invest because their current price is not expensive and the value of these coins may double within a short period and these coins don't require a large capital like the famous currencies, so it is the first choice for all beginners investors to get good profits in the future.

The main problem when choosing is that it is very difficult to assess the prospects of a coin based only on the information provided by the developers. But if you see that the investors of the project are large funds, then you can safely invest in such a project, since they will not invest in the project without proper evaluation.

ReiMomo

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Quote from: Silver80 on September 26, 2021, 01:48:44 PM

Quote from: noah tall on September 26, 2021, 01:41:11 PM

I will answer your title's question.
If you think that the project is promising than their team will not let the project Dead and will try to grow more and more. Promising projects have their full plans for future, so I think there is no risk in investing in promising projects.

It's true, most projects die after taking huge profits with their customers, they dare to play at the age of 3 years maximum, and our finances will not come back after they do the trick.

Yes, its been there. Too many projects have come and gone vanished as they could not survey in the market since they did not market requirements. Its a good choice to invest on a new best project which is very cheap in price as long as its promising in every aspects. Its out responsibility to investigate on it as we are sole responsible for our investment. Better, watch out the same coins or tokens' growth for few months and then invest on them. Congrats.

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