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Topic: New altcoins questions (Read 458 times)

brand new
Activity: 0
Merit: 0
July 10, 2021, 06:03:41 AM
#45
If you're looking for great altcoins you should checkout DIVI. They make crypto easy to understand for everyone. With DIVI you can set up a node with just 1 click and that's becuse of MOCCI, their one click masternode installer. They've also launched their Divi Wallet 2.0 and are listed on KuCoin
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
July 10, 2021, 06:45:52 AM
#38
So it's better to invest only when you have faith in the coin. If the dev is holding such a big amount you should wait and should not buy at the moment if you want to play say as I feel. As you are saying the whole project team is anonymous so you should wait and watch the coin that how it performs then only decide. If you really want to buy this coin so you should wait for the bull market because in the bull market most of the coins move due to the satoshi keeps gaining value. 

And remember not to check about their use case. Are they developing the use case? Because without indication that they are working on it, buying the coin is not a very good idea. Their presale target was very small amount. So I don't know what is the real intention of the dev team here? 10BNB is small that this will just be pocketed by the dev team. Just my impression here.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
July 08, 2021, 09:55:05 AM
#37
So it's better to invest only when you have faith in the coin. If the dev is holding such a big amount you should wait and should not buy at the moment if you want to play say as I feel. As you are saying the whole project team is anonymous so you should wait and watch the coin that how it performs then only decide. If you really want to buy this coin so you should wait for the bull market because in the bull market most of the coins move due to the satoshi keeps gaining value. 
full member
Activity: 1004
Merit: 111
July 08, 2021, 08:53:15 AM
#36
I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!

Nowadays, there are a lot of projects arise in the market where most of them their total allocation for the campaign
are mostly Millions, Billions, trillions and quad trillions something like that, but if you're gonna compute it, the total usually
is small amount only just like what I discovered lately the allocation total token for the campaigns was Quad trillions but the
equivalent in $ was in between 200-300$ only for 6 campaign categories in which for me it was deceiving actually. So still
we need to make a research first at all cost.
full member
Activity: 1134
Merit: 167
July 08, 2021, 07:51:55 AM
#35
all of them have given you suggestions about new or upcoming project simulations to the OP,
but does the OP want profitability and seriousness of the developer or are you still unsure about the distribution pattern mentioned by the mentioned teams so they are reluctant to join, then the safe way is to join a project that is already running and safe as mentioned by forum members
full member
Activity: 1130
Merit: 133
July 01, 2021, 06:19:35 PM
#34
If the team or devs are holding huge amount of their token. You should refrain from them because any time they can rug pull the community. Without transparency and honestly is most likely dangerous project.

Much better to buy the top altcoins because you are safer at the time of drastic decline or known as bearish market.

But to be completely safe in the crypto world, I think it is very impossible because you will feel a loss or profit with what you have. If you say Bitcoin or any type of coin is the best at the moment it is very safe. that's not true for me. Everything you hold is at risk.

Actually except the bitcoin,most of project are control by the team and developers. Because they may need a holding on project. This will be happened in most of the centralized project. Ethereum also the centralized project. But still market had control over Eth and in sometimes we can understand the control of team.
if you want to another decentralized project just look at FreeTON project, it have decentralized concept like bitcoin did. Each Sub governance in freeton project have their own role and contribution for product developtment. Its really exciting if we see reall decentralized projects, every decision will taken consensus or by soft majority voting.
legendary
Activity: 1512
Merit: 1005
July 01, 2021, 03:44:43 PM
#33
I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!

If the dev team is anonymous, I advise you to avoid such a project from a distance. If the dev team has good intentions and they care about the success of the project, they should have no problem revealing their profiles on LinkedIn or at least in social media.
When it comes to holding large amounts - it depends if it's a coin or a token.
In the case of coin it is very dangerous and if the dev team has 95%, stay away.
In the case of tokens, this is normal, because tokens are usually used to collect funds for the development of the project. They are often sold in multiple stages over a long period of time.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 01, 2021, 03:30:12 PM
#32
if you want to invest in a new project, it is better to choose one with a clear team and real function. whatever it is we must be prepared to face the risk of loss, losing a lot of assets.
if there is not enough experience assessing new projects, we recommend choosing existing projects or top ranking in cmcm.

Investing with this kind of project needs a lots of time in assessing the full potential the team is offering, it's  a must that you know who are working behind the project before placing your investment. It builds good relationship between investors and developers if the team is open if they can reveal their identities then it's  agood sign that they are willing to take risk .

And it's right, if you don't have enough experienced better to use coins who already established their names, those assets that continue to progress.
full member
Activity: 896
Merit: 108
July 01, 2021, 03:21:37 PM
#31
~

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!
several times I've encountered projects with anonymous teams (though not all) ended sadly, what's still hot these days is the Merlin project. his team is anonymous and later his team says it got an attack on their network so the price has really dropped, rugpull. many suspected it was just a trick of the team, I don't know... what is clear is that I am increasingly suspicious of projects that hide their team's identity.
if you want to invest in a new project, it is better to choose one with a clear team and real function. whatever it is we must be prepared to face the risk of loss, losing a lot of assets.
if there is not enough experience assessing new projects, we recommend choosing existing projects or top ranking in cmcm.
sr. member
Activity: 574
Merit: 250
July 01, 2021, 01:51:07 PM
#30
I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!
When I'm new somewhere, I won't believe new members or projects promise. Old projects are very promising and we can trust and invest there. You are a very new member and you can gather knowledge from the old altcoins. New projects always look promising because they need funds to develop where new investors get stuck..
fvb
member
Activity: 1470
Merit: 13
July 01, 2021, 01:44:21 PM
#29
Although this is a risky investment, but with a competent analysis of the project, it can be a very successful investment. A good project can generate substantial profits. Here, as they say, risk is a noble cause.
jr. member
Activity: 840
Merit: 6
July 01, 2021, 05:00:22 AM
#28
I am totally new to alt coins - trying to learn something new. I tried searching for this info and c as me up dry.

I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?

Thanks!!
I stopped investing in projects where the devs or VC hold the majority of the supply and dump on investors to fund the project and give themselves profit. I only invest in fairly mineable projects with no pre-mine or dev wallet like RVN and 0xMR. That way I know I can't be rug-pulled and exit scams aren't possible.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
July 01, 2021, 01:15:42 AM
#27
New altocoins coming rapidly in our crypto arena. You get confused that how to choose some project for investment. I have seen many new project coming have gone scam. Very difficult to invest in new altocoins. For investors good to invest in coins which has occupied a place in market or if you can predict or know confidently about a new project then all is done.
Yes, I also yesterday found several projects that ended up being scams, this is a little frustrating for me, it's better to choose a coin project that has been in the crypto market for a long time, it will minimize the possibility of a scam.
sr. member
Activity: 1610
Merit: 264
July 01, 2021, 12:56:06 AM
#26
~
They don't have control to whoever buys their coin, regardless of how good they govern their assets. A certain whale could just be followed by other people so that the price would be liked fully controlled already by them and it would just end up badly for those who are looking for opportunity to invest.
copper member
Activity: 770
Merit: 1
July 01, 2021, 12:36:53 AM
#25
New altocoins coming rapidly in our crypto arena. You get confused that how to choose some project for investment. I have seen many new project coming have gone scam. Very difficult to invest in new altocoins. For investors good to invest in coins which has occupied a place in market or if you can predict or know confidently about a new project then all is done.
sr. member
Activity: 2016
Merit: 283
June 30, 2021, 11:21:35 PM
#24
If the team or devs are holding huge amount of their token. You should refrain from them because any time they can rug pull the community. Without transparency and honestly is most likely dangerous project.

Much better to buy the top altcoins because you are safer at the time of drastic decline or known as bearish market.
you have point there mate.. It always too good to be true, that why when investing in altcoins it's always a good idea to choose those trusted projects in the market., because mostly new projects cannot guarantee profits afterwards and instead of profits it can cause losses sometimes, so i can say that you are lucky if you can find legitimate even one when it comes new projects..because they're too difficult to determine.
TWW
full member
Activity: 1456
Merit: 109
June 30, 2021, 11:13:43 PM
#23

Actually except the bitcoin,most of project are control by the team and developers. Because they may need a holding on project. This will be happened in most of the centralized project. Ethereum also the centralized project. But still market had control over Eth and in sometimes we can understand the control of team.
That's because the team owns most of the asset ownership. therefore for certain specific projects, they lock tokens for teams and development for a certain time.
however, the team and the market have a strong correlation to govern how their assets will develop in the market. A good team can certainly manage it all. because if everything was controlled by the market, I can't imagine how a project would lose its market immediately when its asset price fell so badly.
full member
Activity: 591
Merit: 100
WATANABE
June 15, 2021, 01:18:53 PM
#22
If the team or devs are holding huge amount of their token. You should refrain from them because any time they can rug pull the community. Without transparency and honestly is most likely dangerous project.

Much better to buy the top altcoins because you are safer at the time of drastic decline or known as bearish market.

But to be completely safe in the crypto world, I think it is very impossible because you will feel a loss or profit with what you have. If you say Bitcoin or any type of coin is the best at the moment it is very safe. that's not true for me. Everything you hold is at risk.
sr. member
Activity: 1694
Merit: 299
June 15, 2021, 01:08:16 PM
#21
I was looking into a very new altcoin (will not name as I do not want to shill) and the white paper talked about a liquidity date named in the future. I am guessing this is when the Devs are allowed to start selling their bags?

They did a pre-sale and earned 10x their intended 10 BNB. How does this work? How do you find out about pre-sales and what is the advantage?

They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. 10.0.0.0.1 192.168.1.254
They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?

There are no humans listed on the site as the project team. Should this be a major concern?
Avoid it for your own good. You have tried searching for it and you didn't get anything about it, so forget it about it unless you just want to take the risk, which I know for sure that you're 90% likely to lose in it.

There are already some trusted altcoins that you can invest in and still make profit. You should check out coins like Cardano, Polkadot, Uniswap, and lots of them, and invest. You're more like my to make profit from these and you're also safe since they are already well established coins and are on top the list, so you don't run the risk of losing your funds when you do.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
June 15, 2021, 03:38:35 AM
#20
Three things that can make or break a project supply, transparency, and equal distribution, all three are not in the project that you are looking at, so you have to dig deep if this really a project worth investing in, it's not good if the supply is controlled by the team they can control the trading of their coin and this is not good for investors, I'm glad that you did not mention the name of the project, but not the kind of project investors would like to invest.

As I mentioned above though, OP is referring to IDOs, which are socalled defi coins.

99% anon or shilled by influencers and have zero product value other than just to earn more yield and more APYs on meaningless coins.

But if that's what he's after, then it's pointless to look for supply, distribution and team etc. What you want to see instead is vesting/locking periods. The only way to get tokens should be on the DEX LPs.
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