Topic: New coin are scam nowadays - page 13. (Read 3906 times)
Most project now make coin in the aim to get money not for the purpose of building real life project that will enhance the block chain technology. But in the mist of all these new coin there are few legit ones with real tech.
There are so many new coins in the world today, according to ICO programs, there are so many projects that are scams, most of them are always trying to take advantage of other people's assets, while they are not one. Coin as potential investors think.
Classical economic theory says that every situation in the market must reach maximum or minimum, and then move in another direction. Do not be afraid of new coins or fake coins. We must accept this inevitably to be given. The main thing is to be careful when investing money to investors, and do not be too brave
90% of all coins move with the market due to auto trading bots. Id say dont trade any new coins that are not being icod threw a regulated exchange. Or else stick to the oldschool coins like reddcoin or doge that have been around sense bitcoin. You can litterally go to a website, make a newcoin and have it out in 10 min. With no buyers its worth nothing, with good social media knowledge and add sense you could trick 1000 stupid people in the world to invest 500$ and away u go with there cash.
Unfortunately in this space "Buyer Beware" needs to be highlighted continuously. There are some interesting projects and it is not a fair assumption to say that ALL projects are scams - but it is true that many of them are. This means, as a buyer you need to be extremely cautious.
Not every new coin is a Scam, there are many new successful projects, you need to be careful when choosing coins.
the new coin that appears is not a coin fraud. they can not survive alone with intense competition. Indeed there are those who will succeed and will survive. but the fall and low value is not a scam. but either a scam or no one will know what it is. what we know the coin is missing is unclear. so we feel cheated.
I think the new token has been over-hyped.
Therefore, I don't think it is a good time to invest in new tokens. We should choose some excellent and undervalued projects.
Therefore, I don't think it is a good time to invest in new tokens. We should choose some excellent and undervalued projects.
There are some famous coin and have large volume in coinmarket cap. you can invest and select coin that has rank up to 10.
We can't say all new coins are scams but most are actually scams. We just have to do our researchs thoroughly before participating in any bounty at all.
To create a really good coin with innovative technology and benefit to the public is much harder than to correct any open source code. From here, there is a number of fraudulent coins which nothing but the titles themselves do not carry.
Now the coins massed in the market like the internet beginning at 1990. At that time, a domain ended with .com could make money without any reasons. Now the trend is blockchain. Yes that there are many air coins but is profitable for many people.
It was a good tip that you should also visit Telegram discussions and ask all the questions you have in mind. But as there are scammers, there are also professional scammers, who have it all written down very well and they are experts in answering every question you could ever have. For this reason, it is very important to also search their background and try to find out, what kind of history they have. If they say they have experience of some field, even then you should find out what kind of players they have been - successful or just some puppets.
Because there are too many coins now, some of them are scams, not something strange 
Many new tokens are a total garbage. About 70% of tokens are not even being listed at exchanges at all. It confirms the fact that crypto currency is a very dangerous investment. Only people who are ready to take calculated risks can survive here.
Classical economic theory says that any situation on the market should reach a maximum or a minimum, and then move to another direction. Do not be afraid of the appearance of new right or fraudulent coins. We must accept this inevitability for granted. The main thing is to be careful when investing money to investors, the rest is details) In the end, 1-2% of the existing coins will remain. Decentralization will not lead to chaos, but to the victory of the best.
Yes make invest in new coin look like more risk than old coin, but not all new coin is fraud, there are many new project successfully and the price of the coin going up, this is depend on the team developer behind the project. Team developer is key of project quality and they should be working hard and professional to running their product for the community.
Because there are too many coins now, some of them are scams, not something strange
I agree with you, once coinmarketcap waw a good point of start for discover new promising coins.. now it's better to search discussions and read on forums about the projects.
Yes many coins now are fake..made to cheat many people.Its very hard for me to know whats real and what is not,since im only a newbie in crypto,what im sure of is that im very much determined to learn more about crypto even little by little
It's hard to defend. For some scams, the only thing we can do is enrich our understanding of the encrypted currency, rather than profit driven. If everyone can do that, it will have a bright future.
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