Too much of new crypto projects? - page 4.

Maestro75

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Quote from: 7deadlyBTCIN on January 31, 2022, 11:56:30 PM

That's why doing research is the only tool to separate good projects from the bad ones, new projects do have some potential too but not all of them it's very easier to create tokens now that's why we even have inexperience developers in the space.

There is no way all of something will be good throughout. There is always a tendency to find bad among good things. How do you think Satan who is God's enemy came about in the midst of God's presence. Like you suggested that going on research is an escape route to avoid falling victims to scams and that is true. That will be helpful if those seeking to invest will take that advice and avoid crying at last.

Pejoh Asu

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Quote from: rby on February 03, 2022, 07:04:07 PM

Quote from: SlimShadyMmp on February 01, 2022, 07:44:43 PM

Is actually something you should get use to I think The crypto market have no barrier when it comes to releasing projects as any body can build and release his work whenever he wants to and is actually considered Ok in our market Out of the 1000 released in that week maybe just two survive in a week

We need to get use to it. The market is very open to everybody but people that are genuine and people that are very fake. The best thing to do is to be very careful. Many of the developers will launch bounty and pay people with a coin that will not survive. As I said, for people to be involving in creating new coins means that people are having good hope on crypto.

Yes, that's right, the presence of a new project is certainly a positive thing, as long as the new project is real it will make the market excited and move positively, without the presence of a new project the market will certainly be stagnant and boring because there are no surprises that make the market can stop.

stepwilli

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Quote from: Jaered on February 16, 2022, 09:06:35 AM

It is what it is. New coins or tokens would keep on popping in daily. Why? Cryptoverse is a largely unregulated space with a Wild Wild West characteristics. Many of those coins or tokens would bite the dust or simply disappear. Some have absolutely nothing to offer. Others are offering duplicate MVPs

It is our responsibility to know if which projects are duplicate or not and if which projects are totally useless. We should avoid them or make a list to warn the others. This is the only to make this place cleaner because if no one invests on them they will never gain any capital or volume to get listed on the exchanges and they will just die right off the bat. If we keep this all the time, I do not think they wont get tired when they cant get a positive results from what they are planning.

If we want to gamble, not on shit projects but we already have a crypto gambling place. If only they will support it i think they can contribute much better to the crypto world.

OrangeII

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Quote from: Jaered on February 16, 2022, 09:06:35 AM

It is what it is. New coins or tokens would keep on popping in daily. Why? Cryptoverse is a largely unregulated space with a Wild Wild West characteristics. Many of those coins or tokens would bite the dust or simply disappear. Some have absolutely nothing to offer. Others are offering duplicate MVPs

well, then, it could be a good place for scammer right?
In fact, there are a lot of new projects that have been developed long ago. however, not all of them will be fully developed. research must continue. Being a wise investor is the key to choosing the right investment. however, the crypto that is actually being developed is not as much as you might see. however, the potential to scam new projects still exists. Therefore, people are always encouraged to do research

Victorik

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Yea...a lot of token out there. And believe me, more will come. The thing is everyday, a new concept is being birthed to outdo the previous and this leads to creating a new token. But, most of these tokens without a good use case will still fizzle out with time, so it doesn't bother me whether there are a million token. Only the strong will survive eventually.

Xxmodded

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Quote from: tsaroz on February 16, 2022, 09:03:17 AM

Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It's just the change in listing rules of coinmarketcap. Previously they used to list only those coins that are being traded in two mid or large sized exchange but now any coins could be listed there and they even do paid listings even before a coins goes on it's presale. The number of crypto project too are surely increasing everyday as more people and business are moving towards it and with larger options, it's getting easier to issue and use a token.

Depend with team developer with coin list on coinmakrtcap I think, but looks very easy with new coin can listed there and simple not the same with listing coin on exchange market. But with new listing coin on coinmarketcap we can get opportunity to invest on early moment, always when first time announce have been on coinmarketcap many new project coin can reach higher price.

Jaered

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It is what it is. New coins or tokens would keep on popping in daily. Why? Cryptoverse is a largely unregulated space with a Wild Wild West characteristics. Many of those coins or tokens would bite the dust or simply disappear. Some have absolutely nothing to offer. Others are offering duplicate MVPs

tsaroz

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Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It's just the change in listing rules of coinmarketcap. Previously they used to list only those coins that are being traded in two mid or large sized exchange but now any coins could be listed there and they even do paid listings even before a coins goes on it's presale. The number of crypto project too are surely increasing everyday as more people and business are moving towards it and with larger options, it's getting easier to issue and use a token.

trendcoin

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Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

You are criticizing a very valid subject. The total number of cryptocurrencies on Coinmarketcap has approached 20k. Do we need so many projects? Absolutely not. We dont need. 90% of the cryptocurrencies on the list will go down in history as unsuccessful attempts; Investors will be disappointed. As someone who believes in the free market; I am also worried.

JahriMeayer

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Market condition was good for last whole year, investors come across the world which sounds like perfect time to launch crypto projects and so that they do. Even I think crypto projects are more by number than you noticed cause its not possible for cmc to keep all low quality, shit projects data. I found a website name poocoin, they show more altcoins which weren’t listed on neither cmc nor coingecko. Btw, don't get scary, try to use to it. Moreover don't go for numbers, DYOR for quality before investing anywhere

rozak

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Quote from: Protomono on February 05, 2022, 05:40:53 AM

The many new crypto projects that appear sometimes have a positive side, which shows that the world is increasingly open to cryptocurrencies as digital assets. but you still have to be careful not to buy any digital tokens / coins so you don't lose a lot of money. It is highly recommended before investing in digital currency to do a serious review of the project you will choose, many things must be considered so as not to suffer losses.

Most new projects don't come up with any new ideas either. many have adopted projects that are already running and are in demand in the market. carry out development and create almost similar projects.
I can say that the risks of the current project are greater than the benefits. If you want to invest in a new project, I think you will get a profit as quickly as possible and exit the investment when you get a profit. Usually, this happens at the start of the token being launched on the exchange.
There is no guarantee that a new project that is a clone or development of an existing project will last long in the market. most of them lose the market immediately after the token price drops.

Protomono

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The many new crypto projects that appear sometimes have a positive side, which shows that the world is increasingly open to cryptocurrencies as digital assets. but you still have to be careful not to buy any digital tokens / coins so you don't lose a lot of money. It is highly recommended before investing in digital currency to do a serious review of the project you will choose, many things must be considered so as not to suffer losses.

letyouearn

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Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

Why scary? I think, this is good for us. More different projects -> more people involved -> more hype around crypto -> more chances to see a true mass adoption in the nearest years.
But of course, most of the projects you see will die - like this happened to dotcoms...

SweetMochi24

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You should be aware that not all new projects may be registered with CMC since specific requirements must be satisfied. A very challenging need to satisfy for new projects is the problem of daily volume, because new projects often have extremely tiny daily volumes. You should also check DAO maker, they let you participate without staking any platform tokens but the pool would be competitive. This would disrupt the launchpad model. Going back , Even after they have been certified and registered with the cmc, they must maintain the daily volume, since if the daily volume is too low, they will be removed from the cmc list. With such stringent restrictions, only a few projects will survive in cmc. So it's not quite as horrible as you think, is it?

rby

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Quote from: SlimShadyMmp on February 01, 2022, 07:44:43 PM

Is actually something you should get use to I think The crypto market have no barrier when it comes to releasing projects as any body can build and release his work whenever he wants to and is actually considered Ok in our market Out of the 1000 released in that week maybe just two survive in a week

We need to get use to it. The market is very open to everybody but people that are genuine and people that are very fake. The best thing to do is to be very careful. Many of the developers will launch bounty and pay people with a coin that will not survive. As I said, for people to be involving in creating new coins means that people are having good hope on crypto.

Silver80

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Quote from: Oneandpure on February 02, 2022, 12:17:49 AM

Quote from: btc78 on February 01, 2022, 07:50:50 PM

Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

crypto currency is continuing to increase its number , and coinmarketcap is a site in which dealing with those new coins/project and also it is their business to add new project so why take the blame on them?

Blame your seld if you are stupid enough to not check the currency you wanted to invest and the team behind this.
but for CMC? they will continue to add even if they took a million coins inside their site who cares?

Although CMC add billion coin very day but looking top rank or position on CMC can't manipulated and I think CMC is the best way to know which one good and bad reputation coins. I am still not interested with new coin right now exactly with BSC network because to make coins scam and owner run away. I think depending how coins create like from Launchpad Binance will be interested to buy, if only on pre sale and coin listed at panckeswap without any cex exchange market I think is not good investing with new coin.

but sometimes we have to play with new coins a little, because as bounty hunters we always work on projects for new coins except payments with old coins, our market problems have campaigned as much as possible.

Oneandpure

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Quote from: btc78 on February 01, 2022, 07:50:50 PM

Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

crypto currency is continuing to increase its number , and coinmarketcap is a site in which dealing with those new coins/project and also it is their business to add new project so why take the blame on them?

Blame your seld if you are stupid enough to not check the currency you wanted to invest and the team behind this.
but for CMC? they will continue to add even if they took a million coins inside their site who cares?

Although CMC add billion coin very day but looking top rank or position on CMC can't manipulated and I think CMC is the best way to know which one good and bad reputation coins. I am still not interested with new coin right now exactly with BSC network because to make coins scam and owner run away. I think depending how coins create like from Launchpad Binance will be interested to buy, if only on pre sale and coin listed at panckeswap without any cex exchange market I think is not good investing with new coin.

btc78

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Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

crypto currency is continuing to increase its number , and coinmarketcap is a site in which dealing with those new coins/project and also it is their business to add new project so why take the blame on them?

Blame your seld if you are stupid enough to not check the currency you wanted to invest and the team behind this.
but for CMC? they will continue to add even if they took a million coins inside their site who cares?

SlimShadyMmp

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COMBO 2.0

Is actually something you should get use to I think The crypto market have no barrier when it comes to releasing projects as any body can build and release his work whenever he wants to and is actually considered Ok in our market Out of the 1000 released in that week maybe just two survive in a week

rby

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Brotherhood is love

Quote from: Synerggy on January 05, 2022, 02:47:34 AM

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

It is good for the world of Cryptocurrencies. It show that people are adopting crypto very well. Everybody want to have share of the industry.
But many of the projects are scam and don't have good road map. You just have to be careful so that you will not fall victim of scam.

Topic: Too much of new crypto projects? - page 4. (Read 2093 times)