Topic: Questions for New Altcoins - page 7. (Read 1540 times)

People always find out the way where he or she keeps the breath, So every new Altcoin project could be their suitable project for the future purpose, but it's true that the number of investors is decreasing in recent time because of a huge scam project, a lot of people didn't make any money by investing those project so it's surprising that you have seen again people investing in the new project, if they really do then I can say it's a bold decision to take such type of initiative, of course, they have to know about the real fact before investing further in this system.

Investor see in long term period and they love challenge. Developer only have idea to grow up platform, they need fund and trust of course people like them will came again and again. I will support every person/ team/ institution that bring new hope in crypto market. They can take every method they have and let customers decide it, support them not ask why?

Most new projects of today are built by scammers that is why we keep seeing new projects every month, only very few legit projects are wiling to take the risk to launch their project in this present market condition

Of course there are still investors in new projects, while a majority invest because they think they might trust the project, others invest just for immediate return and that's all. A good number of investors are now wise and careful of where they put their money because virtually all new projects aren't worth it. Secondly, I tend to believe that most developers of these new projects doesn't care about anything than how to enrich themselves which is why many projects are dying off continuously.

I invest in new projects because i believe i can still find coins that will good as ETH NEO and EOS was in their early days, honestly new projects should be able to do better than old projects but scammers have make things very difficult

People like myself still belief that new projects that do better, top 20 coins of 2017 are now mixed with few new projects, although we have too many scam projects nowadays but i am willing to take the chances

Projects of good quality will attract a lot of investors, whether they are an IEO or STO or even an ICO, which aren't as popular anymore, however a lot of investors don't do enough research or are looking to make a quick return and tend to throw money at anything that they think might be profitable regardless of its quality

I'm the developer for Bitflate, a crypto with constant inflation of 7%. I bought Bitcoin in 2018. I started investigating the idea for Bitflate in 2019. I think Bitflate has potential. Even though it has 7% inflation, it doesn't print money arbitrarily. If demand grows faster than supply, its price will increase. I'm a long-term holder of Bitcoin and Bitflate. I guess I can call myself a developer/investor. This is not investment advice. Do you own research.

1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?

I think crypto is in a winter, possibly a long winter. It started after the 2017 crash. Some people think that Bitcoin halving will recover the market. But I don't have high hope. I think existing investors are just holding on to their bags and promoting their coins. They hope Bitcoin recovery can lift the market.

I see fatigue with the market. Investors are not eager to listen to new projects. The top investment funds are not very active. I convinced some miners to mine Bitflate coins. Some of them are cashing out. I buy their coins back. I still invest time and money in Bitflate. The cost is low. I suppose Bitflate miners and holders make their risk/reward calculation.

2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

I created Bitflate because I don't see Bitcoin can ever be stable for transactions. Its limited supply is extreme. Its price will always be volatile. I think inflation can create a new category of cryptocurrency. It'll create a cryptocurrency that we can use for transactions.

There is a chance that Bitflate will fail. If that's the case, the world would be either: (1) hyperbitcoinization or (2) Bitcoin speculation and fiat currencies. I don't think (1) hyperbitcoinization is going to happen. So we'll forever be (2) speculating Bitcoin and use fiat for transactions. I think both options are pretty terrible. I look forward to a future when we can use crypto to pay for stuff. I haven't seen a viable path to a crypto future. I will conclude my Bitflate experiment when I see a promising idea.

In the meantime, I continue to run Bitflate. Join Bitflate community if you're interested. https://discord.gg/utnEyp8

Again, this is not investment advice. Do you own research.

Good questions. The process was always like that, when most new altcoins became being dumped which results to be called as scam coins because of that scenario and failed investors with those coins simply call it like that.

1. With the hope of earning because most of these new coins are active for the moment so hype is high.
2. I don't know if you see a developer that keeps on jumping from one failed project to another, you already have an indicator what project to avoid.

Most investors are only after quick gains and nothing more which is the reason why most still participate in IEOs till now because listing is sure and if it is on a good exchange at least a little profit will showcase; all this is because they have understood that most of the of projects aren't worth holding. Developers on the other hand knows what they are doing; only few are in for the tech while a majority are in for their pockets which is why after listing and after a few pumps that ends it. While those in for the tech will keep looking for ways to expand operations.

1. Because some investors their viewpoints are different. They invested in a hit and run to minimize losses without a hold until their project was fully successful. There are also the Bodo times with new projects and choose Bitcoin or altcoins that have long been in Coinmarketcap.

2. When I knew since the again ICO, they created tokens for only the list in markets and some of those projects were the same dev. So I think the project is made random is the same person who has failed and want to do it again but still failed. There are only a few who are really intent on building their projects.

Experienced investors won't do this, only those who are not aware of high risks doing this. New altcoins will drop their values gradually on exchanges after IEOs or ICOs. So, which investors still invest in new altcoins? I guess some newbies or beginners who are influenced by HYPE.  

They may be some developers who try their luck or they are a group of serial scammers that always create other scam projects.

Because cryptocurrencies are still not dead and good projects continue to appear. Because the number of investors has decreased and they invest more cautiously, but they have not gone away. It's just a little of a lull in the market right now.

They just buy their own altcoins in order to attract other investors that there is someone buy this thing but actually it won't work well, investors now are aware of these actions and seemingly they give interest to those altcoins that have already in the market and not just new listed.
Only a fool investors would like to risk their money and hoping that they will double their money into new altcoins cause the reality is taking far from it.

Crypto investors are hoping that the project with some potential will grow its value over time because they believe that cryptocurrency has a bright future and they want to involve as earlier as possible to maximize the profit.


For me most of the developers these days are just here to earn some money and doesn't really care about the project because they always imitate the project's idea from others.

I didn't get it at all, developers are jumping to a new idea or project to be funded and the old project will get left behind. I hope people could see behind the promising words every project developers are spitting. I am an investor on ICO early 2017 to 2018 and noticed how things changed on mid 2018, undeniably projects are less substantial to continue but was able to get funded by the beginner investors, at that time it ICO are slowly becoming ineffective due to the fact that developers are not that eager to upgrade the project for future use. You can actually notice it on bounty campaigns, there are less successful bounties this year compare to 2017 or 2018.

there are still investors who are willing to risk on these new projects because it's either they personally know the team members or they believe that the team can deliver they objectives. there are a lot of business to be explored with blockchain tech so you really cant stop them form launching their own



though there are devs that create so many altcoins yet there are still newcomers in this industry. some companies which are already established with their respective businesses are now trying to integrate blockchain tech to improve their operations. you can call them serious businesses that wanted to simplify their operations and cut their expenditures via implementing this blockchain tech

In as much as many new altcoin projects end us as failed projects or scams, there are still few projects giving investors hope. This all depends on personal risk-taking level, some continue taking calculated risks hoping they make a fortune from their investment along the line. Also note that the overall percentage of token sale investors dropped considerably, hence it's significantly a proof of decline in interest of investors for new projects.

A lot of people just take their chances with altcoin investments and hope that they happen to strike gold eventually. It's been a pretty popular way of investing (gambling) in altcoins for quite some time since around the time of the big 2017 bullrun where alts were shooting sky-high all around and even since then, when things have gotten a bit more quiet.

As for the devs, many devs really don't care about the long-term success of their project or overall product and just milk the money while it's early and leave later. There are also others still who genuinely believe they can still make a viable product even though market conditions aren't that great overall.

This is a great question!Thank you for asking it. Each day new people are entering the market. They often have little to invest but want to see massive returns.The one way they figure to reach their investment goals is to go for new exciting projects. The Sh*t coin developers know this and eat up most newcomers before they even get started. On the same token nu pun intended  There are equally talented Developers entering the space. The sad thing is... Imagine all the great projects we all miss out on do to the massive amount of Sh*T projects drowning them out. I often think about that. That genius level developer that did not get the exposure they needed. I always keep an eye out for that special project