Why we buy new token or coin? - page 11.

princerepon

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Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

Maximum people buy new coin for trade and make profit i guess. In ICO/IEO many projects give you huge discount for invest on their coin/token but you can't see those kinda offer for old coin right..? So people buy new coin with extra bonus and when it come to the market they sold it for profit. And i don't thing that you can spend new coin anywhere because for that kinda thing it's need some time.

tenakha

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Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

Considering that cryptocurrencies are not used widely as a payment method, we use it for trading. Or because we think it will grow in the future. Do not think there is anything special, this market is open to every innovative view. If one is being evaluated, then it should be. Unlike you, I think innovative ones should always be. It has only been present for 10 years, and it takes many years like this to further develop.

Metall303

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Oikos.cash | Decentralized Finance on Tron

different coins have different uses. if your question is how you can spend coins, then you need to read the white paper of the project in order to understand what kind of use the coin has

Wysi

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Quote from: XCANA on October 14, 2019, 03:58:29 PM

The reason why I buy new worth tokens is because am a trader and not an investor. Investors tend to loose their investment with new tokens than the traders in the market. The area of my happiness with the new tokens is that; they can make you a good profit especially if they are listed on exchange.

I wish things work that way but this used to be the story of past and nowadays hardly you will see any successful new projects as most the projects crumble down before they get listed as investors and bounty hunters are just keep in dumping the project for mere profits and these new coins are of no use to traders as well because these are listed in some low volume exchange. Being a trader is not as easy as you have described.

nanaimogold

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Activity: 661

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Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

Basically, it's to trade it for profit. There's not more practical applications of cryptocurrency at the moment in terms of spending it on physical items. Although alchemy has a usecase in that region and via its payment portal solution, btc, eth and bch can be used to purchase items in a physical store called Pricerite in Hong-Kong

PuertoLibre

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Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

What I witnessed the majority of the volume is fake by the trading bots, never fall to the illusion that all volume indicators show the interest domination by the day traders. The day traders buy X token and they wait for the correct exit price which can be observed with different trading tools. After closing the last trading deal jumping to the next altcoin will increase the profitability. I call this one of the reasons in the daily reality that traders observe on the different crypto exchanges.

XCANA

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Activity: 1456

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The reason why I buy new worth tokens is because am a trader and not an investor. Investors tend to loose their investment with new tokens than the traders in the market. The area of my happiness with the new tokens is that; they can make you a good profit especially if they are listed on exchange.

boltz

legendary

Activity: 3304

Merit: 1202

To be honest , only the new comers into the cryptoworld are buying into the new projects as most of them believe that any coin could be the next Bitcoin which is not the case lets be honest! Don't chase dreams that could never happen with new projects but yea some of them could be hidden gems but most of them will be gone after run or just before the bull run.

Personally , I don't buy into new projects but I go on IcoBench daily and check the Announcement thread also in check for projects that I could make profit in the long run.

humanitee

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Activity: 1302

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Before buying a coins/tokens, i will first choose a coin that is suitable for long-term investment and must be careful in choosing a coins/tokens.
waiting for the price to dump when listing at the exchangers and buying at the lowest price is the best strategy to get a large profit

sandra_x

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Other than the potential for some pumps and dumps, many new coins are a pain in the ass, only a few actually have actually created value for real usage so as to drive price from utility. Some do hold good potential for great returns.

bigcash2011

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Activity: 1442

Merit: 265

Most people buy new tokens or coins just to make quick bucks which we also call as flippening but the hard fact is that in a bearish market this strategy does not work so you have to exit in loss in most cases, this strategy only works in bull market that is why we are not seeing many ico projects nowadays.

terencio

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New coin is a high risk and most of them will crash, making their tokens useless or worthless. But you're in charge of your money, the good of crypto token, it's up to you to decide. I'm still considering buying a new coin because I think some startups also have a good chance of being successful.

jossiel

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Activity: 2842

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DGbet.fun - Crypto Sportsbook

Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?

I buy coins if I think the coin is a good investment. I don't buy random coins just because others have been telling that it's a good investment, no. I don't do that because I have my own decision although I also take others advice if it's a good one.

Quote from: crypoco on October 14, 2019, 12:45:36 PM

I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

As long as you see their worth, you need to be particular when it comes to buying new coins. The risk is higher to those kind of coins because they are new, means that it's possible for their devs to leave the project behind easily.

yulchatar

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Activity: 910

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Most people buy new coins or tokens, trying to capitalize on the volatility of the course and, basically, few people think about their real application.

target

legendary

Activity: 2282

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Its because we believe. There has to be something to believe to a project that makes us invest to it like the team had done several conferences or the team is supported by Tim Draper or Elon Musk. Heck I bought Tezos while its price was more than $3 believing this will give me better profit. I believe to it and well, it already happened.

I still see this to be a good project to invest, I'm still glad I hold on to it for I can see its making its way now. It only needs few milestones and I can get my money back.

Vitamin_52

sr. member

Activity: 854

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at the expense of new tokens is now very difficult to recommend, it is better for you to buy in the falling market with top coins and then sell and make a profit. otherwise with new coins you can be left with nothing

safari88

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Quote from: crypoco on October 14, 2019, 01:29:28 PM

Quote from: gunhell16 on October 14, 2019, 01:06:48 PM

We've been into a time that we want coins or tokens which are just in exchange and went out to be scammed and run that money with them
Now i will be in trading like binance just to make it work again and get I lose back into track!
I will definitely invest again but with IEO only of KUCOIN BINANCE AT OKEX!

I am talking about token or coin tarde in exchange and not in IEO

i think it's because the price after a new token/coins listed on exchange it will get huge dump so many people will catch for the dump
after the dump over and the price of the new tokens recovered they will sell it for profit

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

I think that most of the people buy something they see as undervalued and hodl that as a speculative asset that has more space to grow then other coins.
Some of the hodlers just try to show the support for the project in that way.
Some of them believing that they are part of the revolution and their coin leads it somewhere to eth price levels.
TA Traders just choose the coin that is easy enough and profitable to trade.

ecnalubma

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www.Artemis.co

No reason to buy more, I’ve had have enough of it and probably could last on my wallet wallet 10 years or probably some could stay here forever. Nothing is more exciting to buy now, I’m more cautious in investing now thats its hard to cover losses.

coin-investor

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Leading Crypto Sports Betting & Casino Platform

Quote from: crypoco on October 14, 2019, 12:45:36 PM

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

All tokens are being bought because of it's potential and the technology attaches to the coin, if it's a security token it will partake of the profit the token has generated in the market, people should not buy because of the volume and the price, because pump and dump do exist and it's a trap that every investor should avoid, when buying a new token to hold.

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