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Author Topic: Do you buy new coins?  (Read 3261 times)
congresowoman (OP)
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October 25, 2018, 06:37:46 AM
 #1

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...

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October 25, 2018, 07:08:29 AM
 #2

I buy new coin however, I do make my good research on the token before I buy or invest in any trade. Also, in trade now people must be very careful about any thing they we buy in other not to lose money.
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October 25, 2018, 07:45:24 AM
 #3

Its not that easy to answer this question because when I make investment in the crypto then I dont really checkout the gainer and looser but the investor base and its biz in the market. The crypto currencies can get spiked at zero time also if they have huge investors base. So how do you know that they are having great support of community ? Well you will hear about that coin all the time and over the forum 100's of threads will be created for them which means that they are in talks and have great marketing support. These type of coins are usually more prone to spikes than the others.
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October 25, 2018, 08:09:09 AM
 #4

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...

It depends  on coins. Every single one should be thoroughly analysed. And only then, the decision is taken.
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October 25, 2018, 08:25:38 AM
 #5

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...

Why not? But learn more about them previously
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October 25, 2018, 09:53:33 AM
 #6

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...
I don't suggest you to buy the new launched crypto currencies when you are just new to the trading because when there is not enough data to analyse how the coin will be effect the market which leads to great risk and most of the time you may lose your investment.So better trade with the coins which is top in the list of coinmarketcap.

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October 25, 2018, 09:57:14 AM
 #7

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...
I don't suggest you to buy the new launched crypto currencies when you are just new to the trading because when there is not enough data to analyse how the coin will be effect the market which leads to great risk and most of the time you may lose your investment.So better trade with the coins which is top in the list of coinmarketcap.

Indeed. Things can go messy if you start investing into the fresh coins. They might be listed on some exchangers but over the time it could happen that they turn out to be scammers or many of them just die off due to zero trading volume. Also most of the coins which are new these days are just here to scam us so it would be better to take this advice and think twice before making any progress. I guess for newbie focusing on the top 100 or even at safer side trading with top 50-60 coins is always advisable. At least these coins will not make you suffer badly if they go in bear trend as they have potential to recover themselves.

 
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October 25, 2018, 10:44:46 AM
 #8

Buy new coin or coin that in red line is very risk, I only buy coin that I know have good development or listed in 1-100 CMC, my advice if you buy new coin you should make a research first.

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October 25, 2018, 11:45:17 AM
 #9

I am a person who has just learned about trading and I think it is too risky to buy new coins because we don't know how the coin is developing and I might not dare to take that risk
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October 25, 2018, 12:14:50 PM
 #10

I still do not know when the market will stabilize again. So now I do not dare to risk buying a new penny. I do not want to lose more money. Although I know if boldly can succeed and get rich if the price of the coins rise. But I was too nervous to wait.
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October 25, 2018, 12:34:17 PM
 #11

I still do not know when the market will stabilize again. So now I do not dare to risk buying a new penny. I do not want to lose more money. Although I know if boldly can succeed and get rich if the price of the coins rise. But I was too nervous to wait.
All investors are thinking together with you. This market is in a very difficult period and any investment will be very risky when investing. I think we will have to wait a long time and hope the market can enter the uptrend period as this is going to be the time when people can directly earn the most profits and the whale will be pioneer in this
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October 25, 2018, 12:44:47 PM
 #12

I can't buy the new Altcoins at this time because the market is very bad and has not recovered. I can only buy the coins on the coinmarketcap floor for the safest.I will wait for time and the crypto market go up again.
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October 25, 2018, 01:07:11 PM
 #13

I bought a new coin but it was a big dump. because a great opportunity can come from it. the average new coin will dump 50% to 200% dump. and it's an opportunity to make a profit quickly. on other coins I buy when prices sell very much and make a red candle 3 or 4 jumps.
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October 25, 2018, 01:09:46 PM
 #14

Im trying to buy new coins for long distance , but also there is a lot of scam tokens , so it really hard to find good token  to buy...
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October 25, 2018, 01:14:43 PM
 #15

Do not make a mistake of trying to use coinmarketcap to look for top losers to end up just picking any coin, in that case you may just end up with a shit coin. There is one thing with consistency when it comes to trading, in terms of what you trade as well as the strategy you make use of.

Personally, I only have 40 potential coins on my list as a long term trader and even if I will have to add more in the long run, I would never hold more than I can handle and the most I will ever go with would be 50 to 60.

Now, it is easy for me being a long term trader, I do not have to keep monitoring the markets every day, I have my alert on ground for stop loss, I look at price actions on candles as well as momentum to get into any of them if I see it looks good, and I have been making a lot. It is just to have a good strategy and just picking any coin you like.
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October 25, 2018, 01:27:44 PM
 #16

Before you deal with this, its better to know those coins first new coins have potential to deliver good profits but also have a big risk behind, unlike top coins where the graph can guide you if the project is on its dip or its rising so high, CMC can be a source of information but likewise it can also be manipulated by a artificial pumped coming from the whales, you should study first the assets that you are aiming to invest and know how things will
progress and if the said project is good for long or short term process.
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October 25, 2018, 01:52:31 PM
 #17

I usually don't, but when a project really catches my attention, I'm sure to follow it closely up until the point that it goes live in the markets and see whether there is substantial volume for it then I buy and trade for a little while. With all the new tokens and coins popping up here and there, it's hard to find a gem that has a solid dev team and community nowadays, and at best, your funds would only be diversified in a few coins that performs well. If you can't handle multiple coins at once, it's best to just focus on one coin and just learn the market movements and the rest is profit.

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October 25, 2018, 01:57:10 PM
 #18

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...

I don't usually buy new coins, perhaps it depends on its value. My basis on buying coins is I look always for the cheap price it has but the volume was high. If that's the case I won't hesitate to buy that coins, but new coins just like what you've been asking is hard to do it, because its too risky.
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October 25, 2018, 02:01:37 PM
 #19

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...
What I'm doing is I see the keep on eye on the top 5-10 losers in the exchange then I'm keeping an eye on them. I use indicators so that I know when will I buy or when I will sell. Although this requires risk because the coins might go lower than your buying price.

 
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velive08
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October 25, 2018, 02:28:58 PM
 #20

Pardon me, I'm just a newbie when it comes to all this trading stuff. I just got curious on the field of trading and have checked out in CMC recently launched coins, top gainers and losers. My question is, do you usually buy new coins then set your target sell? Or do you just buy from top losers then keep an eye on it?
Thanks for all the responses...
if I buy new coins I usually buy those that have entered the coinmarketcap exchange and determine the price target. I don't sell coins when the target price has not been reached, so I think this is something that might be used as a benchmark to get profit from new coins

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