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Topic: Problem in trust or correction time? (Read 718 times)

member
Activity: 645
Merit: 10
February 18, 2020, 07:11:55 PM
I also don't see the point of investing in new altcoins, if you can trade more well-known and reliable coins. There are very few decent altcoins among the new ones, so you need to choose them very carefully.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
February 18, 2020, 06:44:43 PM
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!

maybe investors are waiting for the right time to invest, because now the situation is not stable, so it makes investors still afraid to invest in cryptocurrency, but I'm sure when the market begins to recover and return to increase (market conditions are the same as in 2017), then investors will re-invest in cryptocurrency to earn income from investing in cryptocurrency.
sr. member
Activity: 882
Merit: 260
February 18, 2020, 04:31:51 PM
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!

Well, we cannot blame them for having that kind of thinking to attain such kind of decision making because all of us do have our different and own experiences with regard to engaging into different projects. There are people who are already afraid of getting into such project because of the fear that the same failure or scam might happen once again because money is a real deal in any investment engagement we do participate. The problem is not just the trust that makes the prices of the new Altcoins get lower but also its competitiveness because if it is really a good project no matter what other people say, well for my perception, that coin will still be interesting for the sight of the potential investors because it is attractive as it is. Well, maintaining the credibility of a project is really in need to regain people's trust and to change the generalized concept that all projects are the same because they are truly not.
hero member
Activity: 2786
Merit: 578
February 18, 2020, 06:34:43 AM
I thought you are referring to the crypto market's term of correction.

But you have a definite meaning with that word and you want people to correct all of those mistakes that they've made in the past. Everybody has their own mistake committed with regards to proper investing in cryptocurrency. Instead of investing to the newer ones, trust the older ones and those that has huge names.

And bitcoin is the first of it to be trusted.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
February 18, 2020, 06:26:03 AM
#99
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Not old coins are good too as well,it might never get developed so investors lost interest on those coins.

And price of cryptos is irrelevant to its potential unless it got huge market cap value.

But its better to invest on old coins which has some data to make you analysis for investment plan rather than taking complete risk by investing into a new coin.
member
Activity: 1274
Merit: 12
February 18, 2020, 06:21:24 AM
#98
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Look at the IEO projects that  succeed in 2019, they succeed because they have something new to offer crypto space, investors have every right not to trust any new projects because of the damaged done in ICO era, to gain investors heart they have to deliver or leave

But in 2019 many IEO projects were unsuccessful. There has been a lack of trust so far because many projects have failed, especially in 2019 which was a bad year for investors because of the many problems faced by crypto.
full member
Activity: 1498
Merit: 129
February 10, 2020, 12:05:16 PM
#97
The investor's don't look for a long time gain. They cash on new coin that pump and dump so that they can see short term profit. Most times they are deceived to believing this is still possible especially now that hardly will you see any new coin being traded above their sales during the ICO. many of them are always traded with massive dumps without no hope of reaching the ICO price not to talk of rising above that. I believe most of the people that invest in old coin and token are those investors that have experience in crypto trading and are willing to wait for long term gain.
full member
Activity: 952
Merit: 110
February 10, 2020, 11:21:36 AM
#96
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Look at the IEO projects that  succeed in 2019, they succeed because they have something new to offer crypto space, investors have every right not to trust any new projects because of the damaged done in ICO era, to gain investors heart they have to deliver or leave
member
Activity: 545
Merit: 43
February 10, 2020, 11:08:05 AM
#95
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Some old coin should die to build new coin. Very very low idea was getting success in 2017, so investor has interest in new coin for good profits. Top coin need correction time to break last top price. Supply is also a problem, release more coin without any time limit when marketcap is getting down.
old coins do not have to make new coins to be expensive they just need to need a good development that can trigger traders to buy coins so that the price at the exchange will increase in price because more will be interested and will make the price go up.
hero member
Activity: 2814
Merit: 576
February 10, 2020, 11:03:42 AM
#94
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Surely if there are many investors who hesitate to choose a new project because of the many cases of scams and projects that have no solid foundation. I do not know, maybe many people who use this hysteria to get money by making careless projects.
Experienced investors would have taken part in old coins, the risk is smaller. It's just that the market situation is indeed saturated, so there isn't much action that can be done other than wait and see.
The reason i think why old and even new investors still chose to focus to invest in old coins because of their new development. They become more solid now which is too far from these new coins that have arise wherein most of them have become shitcoins in the end. The new projects may be too enticing but at the end of the day, their new coins only have low value or the worst is that is they are not even listed on the exchange.
member
Activity: 1274
Merit: 12
February 10, 2020, 09:58:48 AM
#93
some old coins have high prices, a very difficult development because they run out of ideas to compete in the market. that might also be a reason for new investors

I think so too. looking at the development of coins lately, difficult for new investors to believe. Moreover, many new coins have sprung up without having a good concept.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 29, 2020, 12:24:06 AM
#92
It seems that for now most investors are looking for stable coins to invest, there is also the possibility that they will invest in new coins that have the potential to generate large profits and investors are also always careful about making investments into new coins.
Stable coin is not for investing, that's not suitable at all. Stable coin is just for keeping your money value

I think investing new coin is good as long as choosing the right one. new coin always should be invested to maintain this crypto industry
if there is no coin then crypto progress will be lack. I think that's not good for the future
hero member
Activity: 1484
Merit: 516
January 29, 2020, 12:03:55 AM
#91
I think there is just a lack of quality projects recently. Almost every new coin is delivering nothing, has no real value and even no great idea. Investing in top 20 is an awesome idea right now, because things are getting much better already.

yes, that's what causes investor interest to be reduced to be able to trust new projects because most of the new projects that have existed lately only promise if the coin to be launched has a high value but does not have a trading volume on the exchange, some even not at all listed on the exchange market so that makes many investors feel disappointed about new projects that exist.
full member
Activity: 896
Merit: 108
January 28, 2020, 06:56:24 PM
#90
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!
Surely if there are many investors who hesitate to choose a new project because of the many cases of scams and projects that have no solid foundation. I do not know, maybe many people who use this hysteria to get money by making careless projects.
Experienced investors would have taken part in old coins, the risk is smaller. It's just that the market situation is indeed saturated, so there isn't much action that can be done other than wait and see.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
January 28, 2020, 06:44:31 PM
#89
I think there is just a lack of quality projects recently. Almost every new coin is delivering nothing, has no real value and even no great idea. Investing in top 20 is an awesome idea right now, because things are getting much better already.
hero member
Activity: 2828
Merit: 666
January 28, 2020, 06:22:29 PM
#88
It seems that for now most investors are looking for stable coins to invest, there is also the possibility that they will invest in new coins that have the potential to generate large profits and investors are also always careful about making investments into new coins.
The most stable coin in the market is only bitcoin because it owns the biggest dominance rate and therefore it's the strongest that its movement could affect the altcoins market. Currently with 66% dominant rate, if bitcoin dump, this will for most altcoins to dump, so it's really hard to choose the altcoins that would possibly give us profit in the long run, but there are pointers, choose those who are in big exchanges and does have a decent daily trading volume.
full member
Activity: 664
Merit: 100
January 28, 2020, 07:47:34 AM
#87
It seems that for now most investors are looking for stable coins to invest, there is also the possibility that they will invest in new coins that have the potential to generate large profits and investors are also always careful about making investments into new coins.
full member
Activity: 1092
Merit: 101
January 28, 2020, 07:31:26 AM
#86
some old coins have high prices, a very difficult development because they run out of ideas to compete in the market. that might also be a reason for new investors
member
Activity: 1764
Merit: 10
January 28, 2020, 07:29:44 AM
#85
Many new investors want to get more profit and think that new altcoins will bring more profit, but in fact we have already seen that new altcoins bring only losses and we can only trust in top altcoins, so investors return to investing in top altcoins or only in bitcoins, now it’s becoming more and more difficult to believe in new altcoins, because too many fraudsters create cryptocurrency companies and then run away with investors' money.
legendary
Activity: 3066
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
January 28, 2020, 06:44:58 AM
#84
One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!!

New coin = New concept = New Feature = New Future = usually get biggest gain.
look at ethereum, when ethereum first release the price only $10, and the ATH is $1,432.88 USD (Jan 13, 2018) , we know if we buy right now and ethereum can reach his ATH we can gain 10x profit, but if we choose new coin with potential rising, the profit maybe 100x like ethereum from $10 to $1432
It's not always working dude, so many projects have brought the new concept but the majority of them ended as exit scam project. Too much expectation for ethereum to reach 10x but again no ETA about when that will be happening. People may argue about it can reach the ATH again but when it comes to the fundamental of the ethereum platform itself and that's a difficult target as it's still pegged with bitcoin.
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