is buying new listed coin profitable?

[blissben930]

I suggest that you investigate first, from where the token comes from, what kind of project. If the concept of the project is good, has a good level of enthusiasm, and the end result of the project is successful and has good prospects for the future. I think the coins are worth buying.

[Yeahnoh]

The name of the game in alts isn’t about building a portfolio of HODLcoins. It’s about surfing the pump and dump wave. If a ton of noobs are buying up cheap coins, that drives up the market cap just as much as an alt that has legit backing.

Its gotten to the point where even experienced traders are now throwing some positions into these penny coins just because they know how the beginners think. It's not just the beginners playing this game. Really infuriating to watch, while actual good coins fall by the wayside.

Tl;dr: success in the shitcoin game is about exploiting psychology, not focusing on finances or the quality of the coin.

[cryptomadu]

I think if the project is good it is not a matter whether is it a newly listed coin or nor. But the problem is in these days it is very difficult to understand whether the project is good or not. But I know people who have made huge profits from new coins.

[nevergone312]

I think that if you had chose a potential ICO, it will help you make profit now. Let's take ETH as an example. Almost nothing worked when it was first launched, but this coin developed over time, adding more features such as the smart contracts, all the apps build on it, and resolving many other issues.

[capn]

The first thought that came into my mind is that most of the times new-listed token is starting from the greatest dump in his history, because all the investors and all the bounty hunters that gets the token are trying to get rid of it immediately. This is the reality.

[Blackpanther399]

Yes, a newly listed coin can be profitable. but this also depends on the quality of the coin and the value addition it brings to the market. if its filling a gap that needs to be filled then it will be profitable in the long run as there will be demand for that particular coin hence an increase in value.

[Television123]

i believe that,  buying a newly listed coin can be very profitable especially in a bear market, it sells below the ico price.
if the coin has a good tech with a great team behind it, it could easily give you good profits in the long run.
But there are times some coins especially the overhyped ones refuse to leave up to expectations, one has to be very careful whenever he wants to take such decisions.

[sliskovickralj]

It certainly can be, but don't forget how risky it is as well. If you're spending a lot of money to buy it, you better spend a lot of time reading about it before buying it.

[karinaloren]

Of course, buying new coins can be a good deal. But you should also bear in mind all the associated risks. Unfortunately, a lot of projects fail today, nevertheless, a lot of them succeed. So, you still have good chances to win in this game.

[Maxbold123]

 Most of the coin get dumped when it gets listed on an exchange due to the fact that the investors want to make their money back as soon as possible.

[samuellim853]

I've done well from that in the past, they tend to trade lower on the DEX's, needs to get listed on a big exchange pretty quickly to profit though.

[StephenieDuong]

Buying new listed coins may bring you good profit in short time, but what if you buy with high price? Then you must wait really long time to get yours lost money back, it is really  risky to buy coins like that.

[lanalang]

Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?

If you would make your researches and you will consider the token as worth it. You always can buy it the time it is only listed on the exchange because the price most likely will be low at that time. And if you are confident that it will grow, go hard.

[twitchtver]

It depends, it is the same with other cryptocurrencies, you need to study them and determine if they are worth the investment, I don't think how much time they have in the market would tell you exactly how profitable they are, it might help but it won't determine it for sure.

[Kakady13]

I think that if you had chose a potential ICO, it will help you make profit now.

[helenbmb]

Buying new listed coin with great potential is very profitable. But do not just follow the crowd that hype coins and at the end mostly result to loss of capital. If it's a good Project then buying the coin when listed newly will worth it at the long run. Example is Example is Hydro, Storiqa, and so on.

[Aristus]

If you can invest in pre-sale better to invest on that moment if you do not like to invest invest in ICO time because it can gives you more profit in doing that. And then when your tokens listed in the market you can sale all of it or the half of it to make sure that you will not lose your fund because some coins are crashing below ICO price after few days of being listed in any exchanges.

[Zeke_23]

Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?

it depends, if you see a great potential for that coin, then it is profitable, since many bounty hunters and even investors are selling immediately when their coin is already listed in the market, you can wait for that, so you can buy cheap coins.

[Alohadanc3]

Buying newly listed coin is very profitable sometime when its only in DEX mainly and not listed on many good exchanges. Normally many token dropped the price from ico so it is profitable most of the time. If the ICO is highly hyped then go for ICo like you see a new ico quarkchain give 4x or more profit from ico price.So itsupto you where to invest after or before.

[Notrem]

I do not think so, it also depends from the token that you want to buy and the way that they are working with the project, if they have no product, then it is a risky move and it is more than unsafe. But if it is a good coin, just buy it.