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Topic: New coins are 👎👎👎 - page 2. (Read 779 times)

hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
May 17, 2020, 03:48:24 AM
#72
People would still invest in new coins if they find possibilities of profit in any new coin and it has became a trend in crypto almost every investor wants to make profit in short time and they understand that investing in a new project if the project has any connection to big exchanges can be beneficial for them after all making profit is the main fact in crypto. Somewhere it's good we have lot of options to make profit besides Bitcoin and ethereum.
I think there are many investors who don't buy all new coins, only a few coins that have real potential and have developments that have proven to be useful to many people, even now investors will only invest when the coins that are bought have entered a trusted marketplace such as an exchange Binance
member
Activity: 1204
Merit: 11
May 17, 2020, 03:39:08 AM
#71
People would still invest in new coins if they find possibilities of profit in any new coin and it has became a trend in crypto almost every investor wants to make profit in short time and they understand that investing in a new project if the project has any connection to big exchanges can be beneficial for them after all making profit is the main fact in crypto. Somewhere it's good we have lot of options to make profit besides Bitcoin and ethereum.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
May 17, 2020, 02:19:42 AM
#70
When we say new coin, its potential is in the long run, you don't expect it will pump right away, so those who does not understand the situation now might get disappointed and will not invest on new altcoins in IEO/ICO as they think it is just a waste of money since it will just fall.

Every coin starts with the new coin, though these existing altcoins are already successful but they'll not be able to take that position forever as whether we like it or not, there will be new ones that will be more popular than the old ones in the future.

I have no problem with new coins but the problem lies on their developers. If they have no long term goals, then it is better not to launch their project. But you can't stop them as they want to rip money as long as they can. I have seen a lot that are being screwed in masternode coins, in which pump and dump is common among them. As they can raise money via selling masternodes, they don't need to undergo IEO or ICO, which they can run anonymously but still they can raise money. So if you are an investor, you have to meticulously study the project and assess your possible risk.
hero member
Activity: 2856
Merit: 674
May 17, 2020, 02:12:02 AM
#69
When we say new coin, its potential is in the long run, you don't expect it will pump right away, so those who does not understand the situation now might get disappointed and will not invest on new altcoins in IEO/ICO as they think it is just a waste of money since it will just fall.

Every coin starts with the new coin, though these existing altcoins are already successful but they'll not be able to take that position forever as whether we like it or not, there will be new ones that will be more popular than the old ones in the future.
member
Activity: 868
Merit: 16
May 17, 2020, 02:06:37 AM
#68
Sticking with Bitcoin and ethereum won't bring higher reward for you because they are old projects, if you want big returns it's better to take your chances with new altcoins, just make sure the altcoins are real enough, and don't put your money on a single project
You have to remember most new project are scamming and has been scammed many investor. If not scamming many people the new project just have a good volume when the first time to listed on the exchange and after thag we will the project price will slump down and eventually doesn't have a value. But bitcoin and ethereum aren't like that, buy now and will be different if you buy them in the future. Both coin will never threat you as long as you choose a good place to store them.
member
Activity: 756
Merit: 14
May 17, 2020, 01:54:25 AM
#67
Sticking with Bitcoin and ethereum won't bring higher reward for you because they are old projects, if you want big returns it's better to take your chances with new altcoins, just make sure the altcoins are real enough, and don't put your money on a single project
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 17, 2020, 12:59:55 AM
#66
Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector.
I like your optimism. But know this, that you cannot determine which coin is going to be a real life thing or not a scam in future. It is next to impossible for seasoned traders and investors to determine which stock is going bust after a year because it is completely unpredictable and crypto is even more smoke and mirrors.

Quote
It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim.
That is exactly the point. We already have mainstream companies doing most of the stuff and a shady "securities" running ICO will never be able to compete with multi-national companies. So dont trust any of the coin offerings.

Quote
Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations.
Of course there is always room for innovation. But that means generating an independent market where the coin can be used and the inherent supply-demand ratio, which has always lacked in any of the coin offerings.

In reality if these projects had something so innovative, they would go for the stock market funding and not a shady thing like an ICO.
hero member
Activity: 2576
Merit: 579
May 05, 2020, 11:13:42 AM
#65
feel same too , most of some new coin just reused idea of the old one , they just putting some "flavor" and hoping people buying it . after it was launced , it just active just for 5month-1 year only
Yes, and if developers build new coins with old ideas, it is clear they will not last long even though they think that by using old ideas, people will like what they make, even though this is not the case, it will actually make new coins not last a long time in cryptocurrency.
full member
Activity: 826
Merit: 100
May 05, 2020, 10:56:09 AM
#64
Investing in new coins are unsafe, many starts very promising and in the next few months they stop development and price starts dumping, investors will be the one losing out on the end
Yes, and things like you say have often happened to new coins, so that made many investors disappointed and no longer trust new coins at this time, indeed things like this are very unfortunate because projects that it will be difficult to succeed now.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
May 05, 2020, 10:42:07 AM
#63
I never expect a new coin which will beat Bitcoin in future, is it possible? Definitely new projects needed in market, we will be familiar with the concept and innovations, although will not getting reliable projects of scam ico for greedy dev, and if you have some dollars you can launched a project. Mostly oldest coins are dead i didn’t find 99% good to new projects.                 
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
May 05, 2020, 09:35:18 AM
#62
Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector. It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim. Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations. See projects like Chainlink, TEZOS etc atleast their development so far shows there is need for new projects.

   Bananington it's not a bad idea at all to watch for new promising projects. People expect to much, in shot
period of time, and when they don't get profit in time they wanted they start with complaints. But some of us
are aware that projects needs time to develop and put the project on the feet!
    I bought some Chainlink, not as much I would love, my investments are limited, but I will buy more when I
get some money for that. Tezos is also great, I have some, and I would like to buy more of them too, now when
you can stake Tezos that's make this project very attractive for us investors in long-term!
sr. member
Activity: 1470
Merit: 428
May 05, 2020, 08:43:51 AM
#61
Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector. It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim. Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations. See projects like Chainlink, TEZOS etc atleast their development so far shows there is need for new projects.
newbie
Activity: 61
Merit: 0
May 05, 2020, 08:43:09 AM
#60
They are rooting for a new coin because they are already too late to get hold some of what currently top coins and miss a chance to be rich lol. They ain't looking for things that old coin don't have, they just want to be rich. This is why sometimes, you see people shill a new coin to the point like a fanatic.
People do understand that 10 years earlier when bitcoin became a thing - there occured more other coins. Most of them haven't make it to this day, so some people lost their funds.
But there are people who invested in bitcoin particularly early enough to make enormous amount of profit.
Everyone wants to be the one who invested in bitcoin, not dead coin obviously.
And part of this process - to promote coins you've invested in to simply boost the coin's value
full member
Activity: 398
Merit: 100
May 05, 2020, 08:34:44 AM
#59
They are rooting for a new coin because they are already too late to get hold some of what currently top coins and miss a chance to be rich lol. They ain't looking for things that old coin don't have, they just want to be rich. This is why sometimes, you see people shill a new coin to the point like a fanatic.
member
Activity: 210
Merit: 10
May 05, 2020, 08:17:17 AM
#58
Investing in new coins are unsafe, many starts very promising and in the next few months they stop development and price starts dumping, investors will be the one losing out on the end
member
Activity: 686
Merit: 30
May 05, 2020, 06:48:45 AM
#57
feel same too , most of some new coin just reused idea of the old one , they just putting some "flavor" and hoping people buying it . after it was launced , it just active just for 5month-1 year only
sr. member
Activity: 868
Merit: 333
May 05, 2020, 05:30:42 AM
#56
Yes, Almost 99% of new coins that was launched in the market is useless. Better to stick with old coins than new ones.
The goal of those new coins is always to become a better coin or even following the steps of bitcoin but this is just pure nonsense. Old coins are still the one who truly shows us how promising they are unlike coins today that they were more focused on making a profit than developing the project.
full member
Activity: 1358
Merit: 100
May 05, 2020, 04:38:44 AM
#55
well i'm not hoping that there is a coin that can beat bitcoin because bitcoin is unbeatable. If you lost trust of the new coins then you better stick the old coins.
sr. member
Activity: 644
Merit: 260
May 05, 2020, 04:23:01 AM
#54
New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

You are giving new coins thumbs down, yet you promote Relictum, somehow. However, you made your point ; most new projects do not offer anything new, more like adding to the number of already existing projects but with no amelioration or revamping. Looking at it from another point of view, we need new projects but with new project aims or an advancement of those already in existence. For instance, after BTC if ETH didn't launch, we won't be talking about smart contracts today. I understand that BTC can serve in place of most new coins, notwithstanding their use cases. Example we can use BTC for online shops, but some new projects take that as their use case which is cool if you ask me. Reason being that some people take BTC as store of value, since the network becomes congested at times and transactions become slow. Hence there is need for new coins, new use cases, new blockchain architectures etc.
sr. member
Activity: 1610
Merit: 294
www.licx.io
May 05, 2020, 04:03:03 AM
#53
This called study developed by investors to be better more developed with the hope of the birth of strong coins / tokens, as well but basically all coins / tokens mostly follow strong coins like BTC. If BTC Green other follow it. You can see it a few days ago.
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