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Topic: Why we buy new token or coin? - page 9. (Read 1170 times)

sr. member
Activity: 882
Merit: 260
October 15, 2019, 09:24:53 AM
#68
To be honest i am not buying new token or coin right now because i am more confident with the top altcoins now like eth, neo and xrp, i am sure that i can able to get more profit in the future if will just keep investing on trusted coins and no doubth that in the next bull run this 3 altcs will give me good income.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
October 15, 2019, 08:48:40 AM
#67
For example, if I like the idea of a project, they have an interesting product, I see the development potential in them - this will serve as an incentive for me to buy a token.
only existing projects have such a combination now. New projects always lack at least one component and that is why investment in new projects is riskier
full member
Activity: 1330
Merit: 147
October 15, 2019, 07:23:34 AM
#66
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?
If you see there is many good new that spread on this market about the coin then you must buy it, because there will be many people who will buy it. Yeah, you have to know the speculation factor can affect the price cryptocurrency, we can say it as hype also because there will be newcomer who didn't know anything about cryptocurrency.

I think that is the reason why some people who bought altcoin. Just a few people who have intention to buy it for long term investment since as you may know the price altcoin is not worth for long term investment especially for new altcoin who just listed on the exchange. If I give a suggestion to invest on altcoin, just choose investing for short term investment and seems like that is the good strategy.
full member
Activity: 826
Merit: 100
October 15, 2019, 07:17:38 AM
#65
I personally have a reason to buy new tokens or coins to invest. With notes, their tokens really do look potentially, and do more research so as not to buy the wrong token / coin. If I did not choose the wrong investment, then the benefits will I get.
Very agree with what you say, doing further research before buying a coin or new token is indeed very necessary, because we all obviously want to make a profit and do not want to suffer losses because of buying a coin or token.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
October 15, 2019, 07:06:28 AM
#64
First of all, the new tokens can give a higher profit/loss ratio compared to the old altcoins which pump-dumped hundred times. This ratio can attract new investors and the advantages of investing in the new altcoin will lead to growth sooner or later. Making research and digging into the altcoin world can be boring but in the end, the reward will cover all the satisfaction in my opinion.
sr. member
Activity: 1022
Merit: 257
October 15, 2019, 07:06:22 AM
#63
I personally have a reason to buy new tokens or coins to invest. With notes, their tokens really do look potentially, and do more research so as not to buy the wrong token / coin. If I did not choose the wrong investment, then the benefits will I get.
We all have our own reason, but its fundamental is the same, to make a profit. Making a profit is the reason why we buy new coins, new coins can be use to earn a good profit just by waiting for the immediate traders to dumo their coins. Buying at bearish market is one of the way to buy a lot of coins and sell it at bull market.
full member
Activity: 795
Merit: 108
October 15, 2019, 07:01:07 AM
#62
I personally have a reason to buy new tokens or coins to invest. With notes, their tokens really do look potentially, and do more research so as not to buy the wrong token / coin. If I did not choose the wrong investment, then the benefits will I get.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
October 15, 2019, 06:59:35 AM
#61
Now it is not easy to be attracted by new coins to trade because besides the small volume of new coins also do not last long and now we find a lot of new coins that scamer so that many investors feel disadvantaged, if there really is a new coin that has potential then naturally many investors who are interested in trading.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
October 15, 2019, 06:38:33 AM
#60
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?
Simply because it has the largest potential growth though it's risky. Buying new tokens means that you are trusting that coin will gain value in the long run because it's valuable to the market itself and it has something that other altcoins doesn't offer. Another factor is that some people doesn't believe that coins that are listed already for a long time such as ETH, XRP, and etc. won't gain much in the long run becausr it already reached its all time high thus they tend to invest to new tokens.
member
Activity: 798
Merit: 38
October 15, 2019, 06:28:53 AM
#59
One of the main essences of launching a coin or token is its utility power, but that is if it is a utility token, because there are other forms of tokens, such as security and equity tokens. However, the most common is utility token, which is in line with what is called its use case. Sometimes, investors buy coins, because of the services provided by the project or many projects, where applicable.
member
Activity: 858
Merit: 13
Christ The King
October 15, 2019, 06:23:27 AM
#58
When coins are newly listed, some persons believe they have the potential to give some profit as traders tend to join the FOMO, and team bring in their support in trading for the coin to probably to well known ahead of the road map execution, Some newly listed coins have performed well in the short interim benefiting some wise traders before a major price decline. We saw this in most Binance IEO and some Kucoin IEO. It's majorly for profit taking that traders buy newly listed coins.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 15, 2019, 06:11:00 AM
#57
indeed if you have a very good platform and have a very high demand and even very useful for many people then we can buy and be a participant of raising funds from the new token, but if the platform is not very good then it is definitely not going to buy it.
sr. member
Activity: 784
Merit: 251
https://raiser.network
October 15, 2019, 06:02:44 AM
#56
I pick good and great new tokens or coins. I'd like to hold it because I know I can guarantee for huge profit. we can pick a good new one. but for me I will pick for a new good start. with this I can win the race with no hassle and new projects now that run IEO's are good to pick and we can assure for profit in exact time.
sr. member
Activity: 756
Merit: 251
October 15, 2019, 05:56:11 AM
#55
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 do not spend much using my coins. I normally buy coins or tokens for the sake of making a profit out of them. And lately, I am avoiding buying new tokens or coins. I guess I have enough already. My wallet has actually accumulated a lot of shitcoins that are now worth nothing. Some of them retains a little value, but so little that I would not even bother transferring them to another wallet. They don't even worth the withdrawal fee. 
member
Activity: 742
Merit: 19
October 15, 2019, 05:45:08 AM
#54
Most people buy new tokens or coins to ge a profit. That means they are buying low and selling high. That's right, the main reason is the profit. The important thing is you have to learn about fundamental analysis and technical analysis before you start to trade. Because the buying san selling points are important for traders.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
October 15, 2019, 04:44:05 AM
#53
I think they are willing to buy new coins or tokens because it has a potential to earn, Once it will get listed on exchangers so its very hard for them also to earn some money like playing gambling for their money.
hero member
Activity: 1414
Merit: 505
Backed.Finance
October 15, 2019, 04:11:10 AM
#52
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.

Good point and good question from @OP. For me, personally I  seldom or even not buying coins on ICO and even in IEO.Most of them lost value over time, and it will take time even years to recover. This is base o my observation since I witnessed the ICO boom in 2017 where many ICO become success full and gone after a year or so.
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
October 15, 2019, 03:28:58 AM
#51
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?

People buy new coins because they tend to speculate. Every investment we make in altcoin is speculation except for altcoin which is in the top 10 coinmarketcap because it already has a large transaction volume. By speculating on new coins, investors sometimes expect large profits
sr. member
Activity: 2114
Merit: 309
October 15, 2019, 02:38:06 AM
#50
We buy new tokens because have big chance to get profit after listing in market, you can see how growing up with new coin after listing just few second, many investor make moment to buy and we got much profit with higher more than 50%, but you can buy new coin depend which one exchange will be list, never buy new coin listing in shit or bad exchange market because no one investor like or invest with bad exchange, they have only with big exchange market.
member
Activity: 1764
Merit: 10
October 15, 2019, 02:06:05 AM
#49
Now if I buy new altcoins, I do it only through IEO on top exchanges, usually I buy new altcoins only on IEO at the Binance exchange, because that’s where good IEOs are held, after which you can immediately sell your tokens and get a good profit, and I’m not going to invest in altcoins that conduct ICOs anymore.
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