is buying new listed coin profitable?

[tesla80]

There is a coin called KEY in binance, it pumped more than 10x in a week. So some new listed coins are really profitable. Take care

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[Olena9797]

It depends. Some tokens from ICO drops in price and you can buy it much cheaper than ico time. For example Betex. Price was 3 dollars and when they hit exchanges it became 0.09 cents in a couple days. And you can buy already listed tokens while market is down

[ColorfulJoseph]

Not necessarily, if the platform they use does not offer an innovative idea then it would not be reason for the coin to grow, but if the project is good then profits are almost assured.

[bittick]

It depends on what coin you are going to buy. However, of course, we only buy coins that we think do have potential in the future. You may purchase them once it gets listed. Most of the time, ERC-20 tokens are being sold at a meager price in IDEX market. Then you'll have to wait for it to get in big exchanges because it will surely pump once it gets listed.

Most of the tokens, the prices on IDEX are not very good, and there are a lot of alligators who choose to trade there. So if you choose a new coin, you have to worry about whether you can stick with it.

People who sell in IDEX generally in need of money so you can get a really cheap coin there but there's also many shitcoin that will surely never pump in the future but instead turn into dust.
IDEX is like a market where you can sell everything even the stuff that's literally garbage.

[avatar54321]

Nope, just wait for the announcement from the project. Like what happens to other tokens, especial example is that MTC of docademic, the price was too low, around .0016$ per 100 pieces of this token in hitBTC, yet after the announcement of docademic regarding to their airdrop that anyone holds it until end of every month will be given an extra docademic tokens, which helps to boost their tokens in the market. And now the price was around .26$ which is 10x greater than the listed price.

[jrvictor]

Depends on its price. For example Quarkchain was x15 on the first day but now it is only x5 from ico price) Sometimes it's better to wait for a lower price.

[Tstar]

It all depends of the price. Usually newly listed coins are being dumped out by people who are in need for money and are willing to take a loss. If that is the case is very profitable to buy them.

[TokenForUs]

usually many new coin are dumped when listed on some exchanges, but there are also many coins with stable price. it depends on how the ICO runs, you can easily get profit if you buy the right coins. but buying it from ICO will give you more bonus coins and probably with a huge of discount. the most impartant thing to invest is you should do your research on every ICO you want to invest, that is the key to make you get more profit and benefit.

[lositech]

It depends on the coin and the project, some project are good to buy when they are listed on the exchanges because they will start to increase in market value and price, while some after listing will start to dump mostly high bonus projects.

[zerocashdev]

Basically this is not a very profitable business, because in good projects you buy tokens on sales and then these tokens are blocked for an appointed time after the ico project is completed 

[Osakrita]

Recently, I have found out that some coin are cheaper to buy soon after they are listed on exchanges.This may be attributed to the fact that some of them are coins or tokens from bountyhunters.

[Emmy92]

Not all the time though. Most times there will be an uptrend while most times there will be a downtrend. The crypto space is so volatile as anything can happen when you least expect..

[markgayamo]

I think there is a possibility that when you buy new listed coin either it will pump or dump in the market and you didn't know if you will get a profit or lose some money. I remember when I bought some newly listed coins like Helbiz, Tron, TRDT, Zcash and NTK in their pre sale and the price is very low and has a discount of 20% and then I hodl it and wait. And when my coins that I bought are already listed in the market I can't believe the price I almost earn half the price of it when it pumps and that's why buying is the best thing to do when you want to have more profit in crypto.

[ungongbuotan]

Newly listed coins sometimes has high value and is expected to go even higher so it is quite profitable to buy. But I think it all depends on how well the project went and how promising the coin is. Always remember before buying newly listed coins always do your research first. Don't just because off the hype.

[Choii]

Is buying new listed coin profitable?

This is what i notice when the new coin listed in any exchange site, i notice that the price of the coin was drop because of bounty hunter, they sold their token when they recieve the share from that project. I think much better to buy or invest in ICO's project than buy the new coin in exchange site, but be careful what project that you choose.

[skylar]

In my opinion it is only profitable for just short term investment, but sometimes it is better to buy it before listed. Usually coin that newly listed in the exchanger eill make some pump movement for few day and then after couple day we will see how good it is, if it stable on the price than it is good for long term investment too.

[Kingcone]

well it will always depends if the coin is good or if it has a good project , because not everything that listed is profitable sometimes it is just hype.

[GokeVN]

To my knowledge there is no minimum limit to start trading cryptocurrency, provided we have money only and can be bought coins that can be made berdagan. I think $ 25- $ 50 is enough for a beginner. and if you want to buy more coins, you can save from now on. leave your paycheck 10% -15% every month, if you have enough to buy more coins and trade. while waiting for money to gather we can learn first about the science of trading.

[tebzzz]

buying new coins is like gambling in my opinion. fixed from new coins that have started to be listed in the market and have a good market can sometimes provide greater benefits than coins such as btc or eth. but buying a new coin can also give us a loss if the price suddenly drops dramatically. all need a mature analysis and also a big risk that must be faced.

[cpoer2011]

Buying newly listed coin is profitable, it can be true if you pick the right coin to buy and hold. Most of the newly listed coin is profitable because when it get list the rate still low and when people realized it many people buy it and make the rate higher. Be careful with dump and pump activities. You have to know when to get in (buy) and when to get out (sell) from it.