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Topic: Why we buy new token or coin? - page 3. (Read 1170 times)

sr. member
Activity: 2324
Merit: 263
December 17, 2019, 10:02:53 AM
In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
The expectation of all traders is clearly looking for profit in buying a few coins or tokens, but that will certainly not be easy to do, because looking for profits in a bad market will be very difficult for us to get.
sr. member
Activity: 1372
Merit: 264
December 17, 2019, 09:31:55 AM
And this is the reason could be by popularity, marketcap, and what exchange it get listed because you may want to buy it if its popular and listed on big exchanges. And we know that some exchanges are not good handling new token/coins because they are getting some issues with withdrawal, deposit, and delay in block.

That's the reason we need think of before buying new token/coins because some are just making a hype and providing fake volume to increase the investors.
sr. member
Activity: 1036
Merit: 281
December 17, 2019, 09:21:41 AM
I buy a coin for utility and trading reason, in terms of utility purposes; I sometimes use bitcoin in my daily transactions like paying bills. But I often buy cryptocurrencies because I'm a trader. I using the volatility the cryptocurrencies to make money where I buy low and sell high but that strategy is not easy as you think because I relying my decisions in terms od the price action and not because of news.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
December 17, 2019, 09:20:33 AM
When traders enter in a coin obviously they have a target of benefits either it's new or old coin. If there is few reason why people want to buy new coin when listed on exchange. First thing is, traders want to take advantage of volatility. You can see when an exchange list a coin then that coin prices pump suddenly, sometimes also dump as well. So traders take profits from it. Second thing is, few traders expect good returns from that coin in near future. This case often happens if project is enough potential. Some people enter new coin for trade only, they don't think too much, I mean they are day traders. That's how traders being involved with a new coin.
member
Activity: 434
Merit: 19
December 17, 2019, 08:58:57 AM
Belief me there are many shit coins in crypto space today and every day they keep showing up, new projects are only worth keeping if they have real use case or working product if not its a total waste if money and time
jr. member
Activity: 85
Merit: 1
December 17, 2019, 08:29:38 AM
In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
full member
Activity: 1134
Merit: 103
December 17, 2019, 07:54:06 AM
Buying a new token will help us to make a profit through trading because we are seeing the expansion of cryptocurrency transaction are kept increasing. There are some coins which we need to hold them in the long term because experts are predicting there are chances to increase their prices in the coming days.
newbie
Activity: 12
Merit: 0
December 17, 2019, 07:49:44 AM
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?

For some high level applications. Perhaps your favorite casino, book store, code index etc. forces you to use a specific token to in their operations. If you really like the application that much you will surely buy that token and start participating in the environment. This brings us to the point of how crypto needs to take a step towards value in useful applications rather than value in speculation.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
December 17, 2019, 07:42:14 AM
For long term, new projects takes years to grow just like how many old coin came this far so if you decide to hold new projects its going to be a long journey
member
Activity: 798
Merit: 10
December 17, 2019, 07:37:53 AM
The reason I buy coins is to invest long term. I think cryptocurrency will be a profitable investment because we have lived in the digital age and people will choose cryptocurrency as a transaction tool because it is cheaper and faster than conventional methods using fiat money
sr. member
Activity: 1428
Merit: 251
December 17, 2019, 07:16:27 AM
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 most of the reasons people who trade in the cryptocurrency market are expecting to profit from their investment. Cryptocurrency is considered by many to be an asset and for use, I think it will take time because many countries still prohibit the use of crypto as a means of payment at merchants
sr. member
Activity: 798
Merit: 250
December 17, 2019, 06:14:01 AM
I think the new tokens get a lot of attention from investors. It's pretty good and has lots of potential. We should think about investing in them right away.
What new tokens are investors concerned about? can you review it here, because not all new tokens are good to buy or invest, and what I often see in the market, new tokens always decline in price.
full member
Activity: 1820
Merit: 107
December 17, 2019, 05:50:46 AM
The primary reason why crypto-currency enthusiast/investors is buying some new coins/tokens in the market is just because they are hoping that in one day it might be experience a price boost and earn a profit out of it. In short everyone is just speculating in the new coins/tokens that's why they bought it for the first place. while in trading its different since you are not holding those coins/tokens for a long period of time because you are just waiting your target price and then you can sell it at any moment.
member
Activity: 546
Merit: 21
December 17, 2019, 03:10:40 AM
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?
The reason is all about money, when. We bought a coin or token or on before we go and buy we are thinking for its price how probably it will make us money. In your question my answer will be to trade or waiting for the price to go up and trade. Bnb as far as i know is bnb is a con not a cool
How is BNB a con? Can you please try to explain better because since the beginning of bear market bnb token is one of the strongest coins out there
member
Activity: 910
Merit: 12
December 17, 2019, 03:02:21 AM
Usually buying new tokens for trade. Apart from this, investors were able to make quite a profit by the new coins/tokens which had potential in previous years. But due to the current state of the market, buying new coins at the moment are not make a serious profit, and the risk is also greater. So for now, if we want to buy new coin then we should be more carefull and reach research well.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
December 16, 2019, 07:00:07 PM
New tokens and new coins are attractive and have good potential so people pay attention and or buy investment in moderate quantities.  Smiley
it's like people are betting into the volatility of the new coin consider about a new coin has a lot of potential to be pumped again by the investors or even traders.
not all of new tokens are attractive, investors are looking for a goodcoin to bet on its pump. That's why investors are seeing new coin these days.
full member
Activity: 573
Merit: 102
December 16, 2019, 06:24:47 PM
Basically, 90 of hodlers would buy to trade. Just what I have witnessed overtime.

It's the best way to avoid getting burnt. Each time I want to buy a coin or token, I simply come out of fiat, buy bitcoin and purchase the token as my set price and once I am done I exit to fiat or remain at usdt(as we all know, USDT is fiat too)
full member
Activity: 780
Merit: 101
December 16, 2019, 05:35:53 PM
Apparently investors still have faith in the new coins and that they can be successful. First of all, they are driven by the desire to earn. This is the primary goal for every investor.
legendary
Activity: 2492
Merit: 1018
December 16, 2019, 04:08:08 PM
I would buy a coin because it has some good trading volume that i know that if i invest into it at a point of a dump i am likely to gain profits from it when it rises. At some point in time, maybe you might want to use that as a form of payment for your employee if sending in bitcoins would take quite a long time.

Apparently they are talking about new token/coin which mean not yet on the exchanges but yes basically for profit is the most reason for buying. Its just investors are looking for the new projects that will potentially provide greater yields.  A new token or coin that will perform like BTC is one of a project that is good to be in your your portfolio as well. I wanted to establish a portfolio which people can see how much I have bought at the given date. Say I bought ETH at a price of less than $10 on 2016.
legendary
Activity: 1890
Merit: 1537
December 16, 2019, 04:02:52 PM
I think that the big investors prefer to buy new tokens because of their great confidence in the token and the project team and that the new token will achieve huge profits for him unlike the profits that he might achieve from investing in old tokens, However, investing in new tokens may carry significant risks, unlike investing in the highest tokens in coinmarketcap, as they are safe investments.
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