Bitcoin Forum

Hi what are your thoughts on new coins in binance? Any recommendations? With btc going down and a bit slow I might try something new to invest in with extra cash. Eth was doing great then seems to follow btc trend this week. New coin with a future prospect to flourish would be a great investment?

Thanks  ;D

I cant recommend any project for you to invest or consider from an exchange considering their numbers in ranges, bitcoin now is currently the most trending and i don't see a reason why you cant afford to maintain on this lane if you're not in haste to making profits, currently, bitcoin is fast rising and any sudden fall will also lead to a massive fall on other coins, as they are not in season.


Permit me to correct you on this, bitcoin is not going down, its volatile and you may only choose to invest using DCA approach to buy whenever the market falls and hold.

Most of them are going to be dumped. Unlike the ICO days, many of them seem to pump a lot but not anymore. Still, be careful if that's the factor that you're looking at before investing, to the newly listed coins.

Again...btc going down? from what price did you started buying Bitcoin? if you're looking at its few months of chart, I don't think that it's telling it's going down. And if you are in a search of a new coin, just be careful with anyone's suggestion that you are not familiar with.

Welcome to the forum!

Don't think about other coins even though it may seem ludicrous to dig into them - it's usually a trap to get a quick buck on people that don't do analysis too much.

Invest in BTC and don't worry about the rest.

Is it because you think Bitcoin is going down, that's why you want to try other altcoins or you just want to ordinarily try new coins?  Bitcoin is not going down and even if price dip small, you should always buy the dip and you might not regret the decision on the long run. I don't have any suggestion for you about new coins on binance but you can do a proper research before investing in anyone.

No one can recommend any coin for you to invest into even though when the market is down is when investing is mostly advised. New coins are not a sign that you’ll make good profits in the long run and they’re not a sign that you’ll lose your money after investing into them. The extra effort of searching for the best coin to invest into is actually worth it because in such state that the altcoin market is not responding as Bitcoin does, one has to be skeptical going for a coins to invest into in this bull run. In all of this, invest in Bitcoin and if you’re tempted to invest into promising altcoins, invest what you can afford to lose on them still, it’s best for you.

Bitcoin going down? I don’t see that coming so far since the price is still 117K while the price few weeks ago is below 110K.


As for new coin listed on Binance is always showing the same pattern which is pumping for a few days, weeks or month then it will dump to the listing price level and stuck there for good.

Make sure to out if you manage to enter early and secure profit because it will surely going down at some point without any chance of recovering.

Please don't deny the permission of investing in Bitcoin because you feel the price is falling. That's just the way Bitcoin is, but we are in the altcoin board and that's not a problem and I know you won't be so hip on the idea of investing on eth, yet it's the closest alt to btc and has maintained that position forever since the institution of crypto. However consider doing a better research on coins that has maintained a price tag of $10 and above, for a period of time, and throw in funds you can be proud of losing.

Honestly not a good time to buy alts since bitcoin dominance is bouncing back.

Even more so if you try to choose new altcoin from binance. From what I know binance's new listing has been pretty weak. Most of the new altcoins always have micro cap and isn't so performing.
You might get better return holding BTC anyway or just stick with eth or sol.

Well we do know price of Bitcoin is going to go down sometimes it will not always just go up. Price of Bitcoin now is 118,487 and is now up 1 percent in the week.

But for me it is good time to stack cheaper stats when it does go down. We do know price of Bitcoin will go back up to the all time high so we can make some easy profit if we buy Bitcoin when it is less then the all time high.

Bitcoin hasn't gone down that much, it's still doing alright, and pretty close to 120k right now, even passes at times, so we need to realize this isn't something we need to worry about. I understand how these things could be different for some people, and they do not see a reason to get this better, but we are dealing with some stuff that is not an issue at all.

We should focus on how to get better results, and focus on how to make some more money. If we can do that, then we are going to profit from it a lot better. Focus on how to do a better job with time, and if you can do it, then you are going to get a greater income. Bitcoin or altcoins it doesn't matter, buy low, sell high, and keep doing that. Just pick what you think undervalued at the moment before you buy anything.

I have forgotten when I last recommended an altcoin for someone, and I don't want to, considering how bad the market could be. You said Bitcoin was going down, but it doesn't mean that altcoins will be going up. There's a chance they are just trading it for stablecoins, so there's no sense buying an altcoin because that ain't the rule anymore.

You said you saw Ethereum go up. Why not buy it? I mean that's the reputable Altcoin out there and I think it's the better choice rather than risking with some new coins in the market.

The new coins in binance look worthy enough to be used to diversify your money. I know how painful when majority of your porto was in Bitcoin, and it's doing sideways.  ::)

I suggest you to take a look at some undervalued new coins. It's potential to be pumped so hard. It's good to diversify your portfolio, and put a few % on new alts in Binance.

Look at Sahara with its 150% pump, Newton with 100% pump, and SPK with 500% pump. I know how risky it is when it comes to the alt investment, but you will never able to make a lot of money if you're worrying about the risk.

Find a new token on binance spot, then take a look at its chart. If it shows close to the atl, and still worthy to invest with the hope massive pump to happen during the bulltrend.

Is bitcoin going down currently? I just checked bitcoin price, and I notice that bitcoin price is currently at $118.830, so I don’t think bitcoin price is dumping right now. Bitcoin price hit $123k few days ago, and as we can see correction is happening in the market right now, what am seeing currently is just correction, we don’t just expect bitcoin price to keep on pump without correction happening.

If you are planning to ignore bitcoin because the price is going down, and you planning to invest in other altcoins, then you might be making a great mistake, because altcoin investment is so risky. If you are planning to invest in other coins because bitcoin is dropping, then you should know that if bitcoin is dropping, then other coins will be dumping also, and when bitcoin will be bouncing back, altcoin which you invested in might not be bouncing back so fast.

Looking for newly listed coins on Binance is a risky game you trying to play, these assets may have been listed on other exchange before Binance and so the historical listing price from the first exchange should be checked before buying them, because Binance always seems to be the last exchange to list those coins and so the retracements will follow back to the first exchange it was listed at.

That's why sometimes you notice after retracements, it falls down more than the listing price on Binance, not knowing the rise has started from other Cex, so it's always not advisable to buy new coins on Binance but watch the project's historical price movement from beginning till the latest price.

Writing a thought about Bitcoin on an altcoin board what are we really discussing here and what have really happened to Bitcoin market in the last one week to 24 hours that have not happened before, we shouldn't forget that Bitcoin have what we call retracing level and once the market price reach that level, I correction must occur that is why we have monthly, weekly corrections points.

From my experience buying new coin is just waste of money these days, the whale always buying either solana or ethereum. None of them going to the new coin, the so called prospect is just an illusion.

Most of the new coin that are newly listed always tanks and reach atl. I'm talking about IP, BERA, ES, etc.
All of them just go straight down like a steep cliff.

Just a normal market correction after a relatively big move up. The new coins sent to Binance will be absorbed & we’ll start to go up again. It’s nothing to worry about. Market Makers like taking advantage of this type of thing to make panic sellers part with their coins. Everything is fine, just a little uncertainty before we begin the next run up.

It is normal for people who are not too experience with the cryptocurrency market to panic or look for alternatives when price of Bitcoin is going down, that is exactly what you are doing now and I can tell you with certainty that it is a wrong move. Instead of hunting for new coin to buy, just buy more Bitcoin at those lower prices and hold. You can also look for more established altcoins to buy instead of hunting for new coins.

I mean 120k to 118k isn't really that bad of a fall I agree to that. I see this should be something we can safely hold onto and shouldn't be that weird to handle at all. We could definitely make some money from holding longer because 118k to 120k isn't that bad and could be handled. If we do that, then we could definitely make money from holding a bit longer, so do not be worried about it and handle all of this. For this reason we just need to hold it, and don't worry about it and just wait.

These small amounts are not that troublesome and it can go back up, after all it's 1% increase, which is nothing in the crypto world. If we can do that, then we could profit and without a doubt it would be a lot better for sure.

It seems like it has been a while since you checked the Bitcoin market; if not, you wouldn’t say that the Bitcoin is dumping down a bit. Because with the current price of Bitcoin now, it has proven that the price is going up and the market will continue in that way since, as of 2 months ago, Bitcoin was around $100, but look at the amount that it is reading currently now.

This is the reason why I stated that. It's like it has been a while. When you check on the Bitcoin price, even those that are willing to invest in the Bitcoin now are those that have enough money already. Because not everyone can afford to purchase Bitcoin at the current prices.

I don't recommend or give anyone financial advice because suggesting coins to invest in now seems like telling the person how to use their money; you should make your decision based on your findings.

Recently Binance no longer lists as many coins/tokens as I usually see in their new page, so it will be hard to even see anyone to recommend now. If you are looking for fast profit,why not just pick from the top coins and invest the spare cash? From the time of this post till now, ETH has made some great moves up.

with the current price of Bitcoin, it has proven that the price is continuously rising and the market will continue in a ascending path since Bitcoin was less than 1000k just few years ago, but look at the amount that it is circulating currently and how this getting bigger.

I wish you follow the market since you posted this topic few days ago. Bitcoin is still promising to reach all time high again.

Recently, Bitcoin touched an all-time high of $122,838,  Bitcoin is dramatic because what is happening is price volatility, which mostly put new investors in fear possibly leading them to sell their investment. But keep in mind that even if Bitcoin price is going down as you claimed because I believe you don't have any updates regarding recent Bitcoin price, but even if that is true, it shouldn't be the reason for you to panic or suggest that anyone to invest in other coins. because no matter how dip Bitcoin price goes, it will still pump beyond everyone's expectations. As a new investor, you need patience and discipline before investing in Bitcoin and avoid fear of missing out.

I initially bought some of the new coin (a2z) that Binance launched but later it started showing about dumping 24% which was very sad for me but I sold it the next day. In short-term investing, you have to deal with various pressures because you have to constantly monitor market prices and most of the time there is a high chance of losses. Long term Bitcoin investment is the best no matter how you consider it, Bitcoin is a best investment for any person (rich or poor). If it comes to Ethereum investment then its position is second but the possibility of increasing in value like Bitcoin is very less. The recent increase in the value of ETH is as expected and it is expected that this year it may reach $10k.

Binance lists fewer new tokens now, so research and consider top coins like ETH instead.

I expect that the price of bitcoin will really fall in that situation and now that it is rising again, I also see that it will hit the price of 120 150$-120900$ again and then retrace will happen again.

So we will probably be playing with this sideways movement that bitcoin is making in the market for 2 to 3 weeks from now before we see a real breakout,
its either at resistance or support.

Are you saying that ETH is a better alternative to buy than Bitcoin? From what I have seen in the market,  we have not had an altcoin season where WTH is supposed to dominate the market, every cryptocurrency is still following Bitcoin, so I feel that Bitcoin have better opportunities now than ETH. I know that personal preference is a thing in cryptocurrency especially as some people believe that Bitcoin have become too expensive,  if I want to invest to cash out this bull run, I will go with Bitcoin.

Sideways movement for August seems likely, especially after a continuous upward phase, as Bitcoin needs to level off a bit and give altcoins room to take over the market temporarily. This is quite favorable if Bitcoin's movement remains stable for projects that want to release their tokens in August. However, some altcoins have postponed their token listings due to concerns that the market will decline further.

Weak mentality. Bitcoin is still at $110,000, and if the price stays above that, I don't think the drop is anything to worry about, as it's a healthy dip or correction, not a significant drop to worry about that would make you switch to buying. This drop is actually an opportunity and a discount to buy Bitcoin. You should continue buying Bitcoin or increase your purchases, rather than switching to other coins, as the price will inevitably rise again. Some investors, especially large investors, are surely waiting for the right buy that will increase the price of Bitcoin, as I believe Bitcoin is the only good investment compared to others, especially for the long term.

I would say that is definitely not true. I would say the best return would be bitcoin and not ethereum. Ethereum was awesome in 2021, because the ERC20 chain was used a lot, even when the price went up, we still used it, but that didn't change much.

ERC20 is not used that much and it's not getting that big of a profit neither. So we can't really consider this as a way f making money, ETH is not as big as it used to be. I have seen things change in crypto before, all the time, so if this also changes, then we can be sure about what happens. This could be a bigger deal too, we just need to hope it does better. For the time being, ETH won't be better than bitcoin, but if something changes maybe we could be wrong about it.

Thinking of bitcoin as going down is very relative, think rather that some other things happen to be pumping relative to bitcoin.

It is true that fiat currencies in general do from time to time seem to pump relative to bitcoin, but purely from fundamentals we know that fiats are by design intended to lose value over time whereas bitcoin is not.

So long term basically fiats are doomed to forever decline in value.

Thus they are not a good basis or baseline to look at to imagine other things are going up or down.

If you think of ups and downs relative to fiat, anything that is not losing value quite as fast as fiat inevitably and by design and intent loses value will seem as if it is going up, even if really it is just not going down as fast as fiat.

So it actually makes more sense to think of bitcoin as real value and fiat as just more shitcoins that inevitably are doomed but that gamblers do sometimes make some wins with when they pump.

But those pumps are usually followed by dumps, so unless you are into gambling on pump-and-dump schemes it is probably best to avoid fiat as much as possible, subject to the unfortunate circumstance that unfortunately the planet you live on is in a crappy period of history during which fiat is the most-used currency almost everywhere on the planet, and that you might be forced to resort to using some fiat if only to pay taxes and in many jurisdictions also debts (since many jurisdictions laws make fiat something people owed debts are required to accept to settle debts).

Thus other than whatever fiat you are forced to resort to by that unfortunate planet-of-residence problem long term you are probably much better off thinking in bitcoin, and/or other cryptos that, like bitcoin, are not designed and intended deliberately to lose value over time.


-MarkM-