Why people try to create their own coins?

[QuickS22]

Because this is a good way to get a lot of money at once, many such coins do not represent themselves, but people buy them even so

[WAKKOCAI]

I consider it foolish to create own coins if you do not have a certain idea and aim how to achieve it. Such coins only distract the attention of investors and users.

[dasniz888]

The always and only reason is the root of all evil which is money. Some people got serious and frustrated in ICO and invested time and efforts in doing bounty campaign projects just to create their own coins to have money fast.

[baghodler123]

It's a scam scheme. Create a coin, sell masternodes. Or dump a premine on a fresh pump.

[crystalworld]

Crypto is gaining popularity, some person's want to be the own of the world best coin, why others want to out smart other  people . Those with criminal mind see having a coin is a get rich quick scheme, they want to spoil the crypto world.

[fritzvillarin]

Some after for $$$$ who doesn't like that, but not all. So always check, if the project is scammy and research first prior to investing.

[rain_road]

Some after for $$$$ who doesn't like that, but not all. So always check, if the project is scammy and research first prior to investing.

Yes . Currently, I find many phishing projects. Their purpose is to create their own pennies for scams, so before investing, let's look into the project.

[briana samomingkir]

From these promising results, of course, make people be interested in making their own coins. With personalized coins, the amount of profit earned will also be received in a much larger amount. It can be done of course because they have been accustomed to follow the project from others. Thus, they can know the strategy for managing and getting the benefits of coins with good and true.

[Why_I_not]

Perhaps people believe with this project. They believe that they will be better and better.

[Why_I_not]

I'm looking for information on the forum. This is a good option. Also on the sites that are assessing projects.

[rarg]

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?

I think there are a lot of reasons. It depends on their purpose.
Some people doing that to change the world, or make the world better by using their coins. Some other people doing that only for quick profit.

[Psychee]

it is profitable to some extent but it is better now to invest in something new like Socratus and I advise you

[migmigbaby9897]

There some reason why many people here trying to create their own coins one its because there are big income in making their own coins through trading, and also almost of us  here in bitcoin forum has a enough knowledge on how to make our own coin because now is very easy to make own coins.

[sugarlady43]

Everyone got different talent and to be candid like you said, more than 50% of altcoin are folk of another coin. These situation is neither good or bad. There in fact many advantages that is presented because of this.

[4ernuy]

They want their coins to appear on exchanges, and then make big money on it. It's just scammers.

[sgenuine]

I doubt that this money is enough for them until the end of life. Many people create shit coins and only spend their time because people do not buy it or it quickly lose interest of investors.   

[VasiloviKola]

This is way to get profit and get money, some projects are fake, and the only purpose is to get free money. Some people have good experience in crypto and have good ideas to be implemented and they are making fundraising to bring the ideas to live. I am always looking for ICOs not to miss good projects, I think they might be profitable, so you also should follow the trends. I can suggest IcoGuide.com for this purpose, user friendly platform with realistic rates.

[hyadumadha]

Its simple, because lack of regulation all of people want their free lunch by launching a token. Prove me wrong!

[huongthuy195t]

Mainly because they believe that they can implement a similar solution, but better. They either tweak some features, go towards different markets, or have different partners - in the end, the ones that appear to "copy" the coin are capable of carving their own niche even with minuscule changes.

[ngocchau250]

People try to create their own coin just to lure investors and other people to invest in their own "ICO" they make it sound so promising but after receiving sufficient investment, they will vanish. Others want to make a quick buck so they tryna make an interesting project to lure people.