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Author Topic: Dangerous to invest in new Altcoins?  (Read 6384 times)
see8hjj
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December 24, 2013, 02:04:56 PM
 #61

I think it is worth a gamble on the ones that show some improvements. But the community around it is mainly what matters. But it is probably best to put any profits into BTC as a precaution and just let your original investment ride or fall. Many people just like to gamble on an exchnage purley on market movements not the fundementals or community support of a coin. More people are gamblers now than I have ever seen in my life.
bitpop
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December 25, 2013, 12:01:04 AM
 #62

Someone is about to release an altcoin generator. Next month we will have 1000 new coins. Including BitPopCoin

wowdofer1
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February 02, 2014, 01:40:17 PM
 #63

NXT its not pump and dump, it is very legit. Very skilled people behind it! Tongue
griffinriz
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February 02, 2014, 01:58:26 PM
 #64

NXT seems promising other than that all is pump and dumb
earnmoneyforwife
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February 02, 2014, 02:38:09 PM
 #65

newbie first post , just ignore me
bitbitz
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February 02, 2014, 04:43:35 PM
 #66

Theres always a risk but yolloooo. Give some a go. eg doge?
MegaHustlr
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February 03, 2014, 05:05:37 PM
 #67

Investing in btc is risky too, do whaeva you wanna.




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EarlyAdopterCoin
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February 03, 2014, 05:41:21 PM
 #68

Never risk more than you are willing to lose.
eorituz
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February 03, 2014, 06:04:42 PM
 #69

NXT its not pump and dump, it is very legit. Very skilled people behind it! Tongue

+1
Isildur23
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February 03, 2014, 06:45:58 PM
 #70

Just follow the news, Nxt is launching decentralised asset exchange soon and then there will be a lot of noise. People will issue assets and there will be a lot of fees going to forgers (Nxt is not about mining or forging but people still don't get it, but will like the forging when the asset exchange is launched and buy more Nxt)

Ties are a prison for the soul...
GAML
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February 03, 2014, 09:16:37 PM
 #71

My view is invest and then sit on them but do not invest money / BTC that you are not willing to risk.  My friend told me about BTC when they were 7$ each and I thought "unregulated digital currency?  That looks risky" now I am kicking myself big time.

I say speculate to accumulate but be sensible about it.  Wink

Good luck to you.

Sonny
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February 05, 2014, 04:52:08 PM
 #72

I would rather play some bets directly.  Wink

NXT its not pump and dump, it is very legit. Very skilled people behind it! Tongue

The programmers may be skilled, but the coin can still be used for bump and dump.
First.Bitcoins
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February 05, 2014, 08:58:16 PM
 #73

Try to find the coins that offer something unique, else why would they have potential?

Founding Dev of ArtByte, the crypto supporting the arts, started in NYC - May 1, 2014 ArtByte.me
bitpop
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February 05, 2014, 09:08:19 PM
 #74

Pump and dump maxcoin today

robertjr
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February 16, 2014, 02:14:15 AM
 #75

I would stay with the 2nd gen. coins and not the clones of bitcoin.
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February 16, 2014, 07:30:16 AM
 #76

Altcoin is profit able but don buy just 1 type buy a lot type and keep them raise sell Smiley
Dosmas
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February 16, 2014, 10:22:45 AM
 #77

Hi guys,

I was wondering if it is dangerous to invest in new Altcoins? I mean, when you look at all the charts, every new coin launches pretty high, or it increases to a high peak and after that it decreases every time. Lots of altcoins are freefalling. So, the question is, are the lot of them a pure pump&dump scheme or a scam so the developer can cash in pretty big? I mean what is the point of all the altcoins when they don't "innovate" over the altcoins; i.e. NXT/QRK coins are indeed an innovation over BTC in the sense it has at least another encryption method.

Thanks for explaining,



Id say, knowing what you are getting into is the most important. Don't let anybody tell you whatever. Make your own decisions and let others make theirs.

In my opinion, a lot of alts are made just for the fun and creating a new possibility of getting a pump and dump.
fighter
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February 16, 2014, 10:53:55 AM
 #78

Theres always a risk but yolloooo. Give some a go. eg doge?

Exactly, even bitcoins are risky. It's worth a shot.
yntro
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February 16, 2014, 03:24:51 PM
 #79

Well you can always try.. because earning smth from  BTC requires big investments Smiley if those altcoins rise huge profit.

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PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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elavenil
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February 16, 2014, 04:15:27 PM
 #80

everyday three four new coins are spring. Which one to invest? Most of the (90%) coins are not promoted by creators. I am not investing in any new coins.

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