Topic: new coins are worthless! - page 17. (Read 29744 times)
For solid project, i meant with ongoing development, great idea, strong team and organized updates, would certainly get noticed overtime if done correctly, nowadays either projects are not fully established, with just a couple of PR dealing with investors, there's certainly a long way for them to hardly get into a exchange, with hundreds of competitor fighting over, there's so much that just a process, with investor looking for quick flips and went off, there's more that need to be done. And only private investor could take a taste like how bittorrent coins succeed early by having all the fundamental needs.
If you are here complaining about new projects joining crypto space you are wrong dude ,there are still many companies out there that haven't step in yet ,if you continue with this kinda mind set you are in presently many good projects will pass you by and you will miss alot ,we will continue to see new projects and the ones that will die off will die and the rest will be alive
Due to the fact that after the latest research it became clear that many exchanges wind trading volumes. New coins have become extremely difficult to show good dynamics in the cryptocurrency market. And the main factor in the fall in the price of new coins in the market is a very large proportion of Scam projects that can not financially support their product at first.
and as soon as there is improvement and a turnaround in the market, good projects will appear that will only please, so let's be patient and wait for the market to recover. However, most coins now resemble digital trash.
We can't conclude that new coins are worthless, there are potential projects around the cryptocurrency network with much valued tokens on applications. As the entire market was bearish there isn't much growth over the past few months time. Possibly the recent price increase could get us with a bigger increase in price with most new coins that are getting added to the cryptocurrency network.
New coins with no basis are indeed worthless since it normally has no vision and you could see it going anywhere. Don't follow any coin that is not going anywhere otherwise you might lose your monies to those coins.
I don't think all the new coins are useless. If the project has a good idea that is relevant nowadays, a clear development plan and will attract investors - it is quite real that even in times of market instability, the coins will become popular and will grow in price.
And this is exactly the reason why many project have not listed their token on any exchange. Even those ones that conducted their public sales on exchange platforms such as dobitrad and Latoken. This is because they know ones the token is listed, it will practically get dumped most especially those one that offer huge discounts and also have bounty program. As far as the market does not recover fully well. It will be hard to make great profit from investing and coins will end up worth less
unfortunately this is the sad reality especially in this bearish market that the crypto community have witness for a very long time, suddenly, it feels like a normal routine of all token listed on exchange to go below 90% of their ico price before any meaningful increase will occur, such behavior of token this days now makes me wonder if its rather profitable to wait for exchange listing before buying any token one is interested on, because it is a known fact now that any token listed on exchange must first go through the process of been dumped before struggling to get back on it's feet. This is why it seem as if new coins are worthless although i don't entirely agree.
And this is exactly the reason why many project have not listed their token on any exchange. Even those ones that conducted their public sales on exchange platforms such as dobitrad and Latoken. This is because they know ones the token is listed, it will practically get dumped most especially those one that offer huge discounts and also have bounty program. As far as the market does not recover fully well. It will be hard to make great profit from investing and coins will end up worth less
Well, most of them are worthless except a few, so we have to be careful investing in these coins. If you are lucky then one or two would get to moon.
It seem more projects are built principally around hype and not really on offering unique services that are better than traditional method of doing things.Crypto should offer superior service and help solve problem of society.
the idea of new coins being worthless is all about the new bearish market and its negative impact in the market. it has been a while now since the crypto currency market witnessed any bullish patterned movement and that has given the space a not worthy look from investors and thereby making new coins look worthless
Well, it is predictable if the project itself does not use its coins, it simply does not need them. Now the market situation also influences the price, but I think that soon many coins will come to life.
Most of them will just prepare a catchy white paper with unrealistic goals. After the token sale, the project gets stacked and the team runs away.
This is the factor that makes the market drop and makes investors afraid of investing in crypto, if they invest, of course only on top ranked coins such as bitcoin, ethereum, Litecoin and so on.
I don't share your sentiments at all. There are still some projects that take great interest in product development. Hydro for example is a good one. People just need to be more careful when investing in crypto projects than before because it takes more than fake hype to actually develop a project.
Most of them will just prepare a catchy white paper with unrealistic goals. After the token sale, the project gets stacked and the team runs away.
what new ones? just completely new have adapted to the volatile market and taking into account all the risks, pros and cons, carefully avoiding the reefs encountered on the way ... the same ones that were released in 2018 and before that have sunk very much, since the price of cryptocurrency was different, but In the end, everything will be fine and the favorable time will return for them, for those who did not die completely)
Yes, I agree that most of the coins listed are not up to the very standard like ETH, Bitcoin and others are but it does not mean that all the new coins are worthless. You might have heard that the fastest race is not run yet which means that there could be more advancement and maybe with the further advancement in technology, some new coin will make its way to the top list of the market.Not just new coins, there are more than 50% of coins which are being traded in exchanges already are worthless or they are here just to speculate or to repeat some already implemented concepts. I do see most coins are promising like they will encourage micro transactions but already there are 100s of coins for that purposes
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You are not misjudging. I also think same. No wonder most coins coming out now are abandoned or very low in value because the project developers and team have no strategy to beef up the price of the coin after its listed on exchanges.
yes there are lots of new coins dead. they only seek a momentary profit with their sweet promises.
I myself have invested in ico and the price has fallen x10 from the price of ico
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
You are not misjudging, it's actually the fact, so many coins are losing their value when it hit the market, and investing in ICO has a lot of uncertainty, it's better to invest on coins that are already in the and shows stability and had a good fanbase.
This is only show that those project that have no strong fundamental will erase or became shitcoin in the market and Yes invest only to those altcoin that already listed in some big exchange site or youcan choose top 10 altcoin in coinmarketcap.
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
You are not misjudging, it's actually the fact, so many coins are losing their value when it hit the market, and investing in ICO has a lot of uncertainty, it's better to invest on coins that are already in the and shows stability and had a good fanbase.
This is only show that those project that have no strong fundamental will erase or became shitcoin in the market and Yes invest only to those altcoin that already listed in some big exchange site or youcan choose top 10 altcoin in coinmarketcap.
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