Despite the appearance of new coins, not all of them will be successful in the cryptocurrency market, and many will disappear altogether.
In order for the players of the market to invest in the coin, it must be tested by time and perseverance in the conditions of volatility.
Topic: New coins daily.. How do they do it? - page 6. (Read 17887 times)
If you follow the life cycle of most of the coins, you can see one recurring trend, most of them do not even go to the exchange, and those that do not have any volumes.
Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.
It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state.
In fact everyone forum used in promoting them should also scrutinize the project being promoted before doing do though I know some even go as far as paying for reviews that are not genuine.
this digital era many companies are starting to adopt blockchain technology and I think they also want to produce their own cryptoqurency for their benefit, but don't worry, usually new tokens that won't have price developments will disappear by themselves.
If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
Thinking of having or lunching a shit coin into the crypto space might not be the best option. I would urge you to work hard and try investing in good coins to make your profit. and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
Although, new coins might be seen being added on CMC, yet not everyone of them survive. Focus on coins with values and with time, all the shit coins will fade away.
That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.
It seems that you did not follow the overall discussion. The criteria for the list in cmc are only 2. the rest, like volume etc, it's just addition.
That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.
I don't know how many of those coins exists on daily basis. I ask myself same question and try to find out about some of them and do a research. Noticed some of them never had an ico or sto so probably I think they are self funded or something.
At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.
but it is almost impossible to find out the truth about the volume or value of a coin right now. Of course, if you study each coin deeply, then you can find the truth, but I think that it takes a lot of time. It is better to invest your money in Bitcoin and not think about other coins. There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful
As crypto evolves, some companies tried to create also their own coin for utility purpose which is not really beneficial to us. Of course investors won't invest them if it won't be applicable to their area. Now it came into the point that, for the huge numbers of coins in the market I may think that only 50% were just serve for its purpose and the others are just nonsense.
At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.
There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful
It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.
Many of these coins, as the market capitalization increases and bitcoin grows, will increase their volumes and become liquid. It's a matter of time, my friend.
It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.
As long as somebody earns money with the new coins, it will continue to exist. Only if you absolutely can not earn any more money from it, the flood of new coins will certainly end.
Even though the coin is new but can provide results and can be used correctly, of course the coin will be used by many people and will be used.if only a new coin is useless and has no value, it will become rubbish and useless.
so we choose new coins and we find out whether they can be used correctly or not.
As long as somebody earns money with the new coins, it will continue to exist. Only if you absolutely can not earn any more money from it, the flood of new coins will certainly end.
The market cap of 1000's of dollars can be easily created with just a few trades if they are shown on coinmarketcap.com.
Yes, it is possible to skip a sequence in CMC with a few trading transactions. But now it's not easy to get into the CMC. The conditions are getting harder every day.
No they have been harder in the past I think when you needed a lot of trades to qualify for their website. Today you don't need that much anymore.
Yes create Sheetcoin collect money get millions of profits. Then they just close their projects)) Everything is easy and simple. Well, I think that cryptocurrency is not so easy to create.
If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
It is not listed there without a reason. first of all you need to list on an exchange and have a volume of more than $10,000 within 24hrs to get listed there.
Actually you also can create a coin out of nothing. you just need a team and an advisor and also a project that support your coin.
Was going to start a thread on this issues of thousands of tokens out there with hundreds coming up weekly. So crazy with useless or no product, some will still want to do ICO leaving greedy Investors who can do due diligence to suffer at the end. Too bad
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