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Author Topic: Do you buy new coins?  (Read 3236 times)
Ridwan Fauzi
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November 09, 2018, 10:09:24 AM
 #141

Investing in new coins can be very profitable. but not all new coins are good. After doing some research, i only invest in some good coins, which i believe have got good potential in future.
Altcoin prices are still low, some of the altcoin prices still have prices below $1 or even $0.1, you can imagine if we spend $100 to buy altcoij in the current year at a price of $0.1 and in the next few years the altcoin price rises to $1 or $2 at that time one can get multiple profits. To ensure potential or not an altcoin I only do research on the top 100 altcoins. At least by just looking at the top 100 altcoins one can save time and then at the position of the top 100 altcoins, each new investor will always see it.
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November 09, 2018, 10:16:42 AM
 #142

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...

New coins which means the one that is from ICO? From my point of view, it is still good to buy those stuffs and hodl but it should be a promising tokens to buy. I usually do some research on which coins are good to buy to minimize the risk of losses when it fails.

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November 15, 2018, 04:38:07 PM
 #143

I rarely buy new coins (especially those who are not clear about their developer information) because it is quite risky in my opinion, at risk of a dump or scam in my opinion
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November 15, 2018, 07:35:49 PM
 #144

I do not like to prefer to buy new coins because the coinmarketcap is not showing good character throughout the year. Even I don't the value of most of the coin so it will be risky for me to buy a new coin without having no exact idea of that coin.

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November 15, 2018, 08:00:35 PM
 #145

New coins with the right prospect are good for investment than the top loosers on coinmarketcap. Current coins have proven that 80% of their existence are scam and care must be taken to avoid the loose. Early adopter are always lucky to invest on new coins with good prospect. Please, before buy a new coin endevour to research into such coin.     

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November 16, 2018, 01:37:23 AM
 #146

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 you are going to buy new coin then it is better to buy with a coin that has a potential already and don't by coins that is from top losers. Why do you like to buy coins with losing stakes? No one could want to lose their investment. I suggest to buy coins that are already good and you think that will make you profited in the future.
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November 16, 2018, 02:23:29 AM
 #147

I do not like to prefer to buy new coins because the coinmarketcap is not showing good character throughout the year. Even I don't the value of most of the coin so it will be risky for me to buy a new coin without having no exact idea of that coin.
Investing in new currencies is a huge risk because the demand for investment in this market is decreasing rapidly, resulting in lower liquidity. I think people are really interested in new projects as the market enters the uptrend period as this is the time when people make the most profit.
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November 16, 2018, 02:43:23 AM
 #148

As of now, I am stop for a while to buy new coins. Simply because, almost every kind of cryptocurrency is really falls down. Maybe, next year I will be buying again a new coins, as long as the market goes well.
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November 16, 2018, 07:57:14 AM
 #149

I buy new cryptocurrencies, if only they have a good team and a friendly community, a product useful for society and there is already a functioning project
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November 24, 2018, 05:54:59 AM
 #150

It doesn't matter about new or old coins, Its all about potential. If a new coin has potential then I always feel good to trade with that! As you are new in trading then you have a fear about loss, right? Then don't follow top gainers or losers statistics. You need to follow the trading section, analyze the market price chart, keep an eye on the latest update about the crypto market and your favorite coins, don't go for every coin, after researching well, choose a few stable coins to trade. Yes, you can buy new coins for trading, as we do!
A good potential coins will tend to last even if you hold it for a long term that's why choosing the best coins is by looking their potentiality. Many coins who have been listed in exchanges but most of them are shitcoins that has good only for pump and dump. Too many investors are being victim by these pump and dump team specially if you were in an investor who just carelessly bought there token without even doing some research about their team.

If you research enough still you have the chance to be a victim! The reason is the bear market. What do you tell about bitcoin price decline? Every crypto coins price is decreasing for the same reason, "Bear Market". It's not about the research. A very few coins are doing well according to the market condition, otherwise, 90% coins are falling down!
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November 24, 2018, 06:14:21 AM
 #151

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...
Do you mean the new coins are from on going ICO projects? I usually buy new coins but I always check if its have potential to earn profit. Once you buy coins you must have target because this target simply means your profit so many people buy new coins for better profit.
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November 24, 2018, 04:56:35 PM
 #152

Buying new coins is sometimes very risky but can be very profitable. On new coins sometimes will be made flash pump and that's where we can get a big profits. All depends on your knowledge and courage in investing.
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November 24, 2018, 05:14:23 PM
 #153

Buying new coins is sometimes very risky but can be very profitable. On new coins sometimes will be made flash pump and that's where we can get a big profits. All depends on your knowledge and courage in investing.
I don't agree on the line that I was bolded above, you've said that it depends on your knowledge and courage in investing? Nah, that depends on your research and technical analysis when it comes choosing new coins to invest. Yes, that is very risky you don't know what will happen on that coins or the developer is was abandon on that without any progress, of course, that coins become into shitcoins which I make you probably lose. If I were the OP, I'd choose those coins that having potential and wait when it is pump!
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November 24, 2018, 05:33:33 PM
 #154

It really depends on a trader's choice but mostly old traders took a bit of benefit of a doubt in a new coin and invested it for some percentage of money. Most of the new coins will tend to be a pump and dump coins then later on they will be going on the shitlist of the top 1000 most shitcoins. Traders prefer a coins with a potential as a coins that the world would use everyday, though the volatility of it is quite unstable.

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November 24, 2018, 07:28:29 PM
 #155

Buying new coins is sometimes very risky but can be very profitable. On new coins sometimes will be made flash pump and that's where we can get a big profits. All depends on your knowledge and courage in investing.
the risk is normal when we are here and there is no harm in trying, select new coins that we think are good and promising but our investment is a little because to test whether this coin is profitable. but I would rather invest in 10 top coins in a market cap coin because there we know everything.
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November 24, 2018, 09:40:19 PM
 #156

If the new coin is very potential with a good developer with convincing research results and will be listed in a large market, it is worth buying it in my opinion

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November 24, 2018, 09:54:49 PM
 #157

With current market condition, i prefer to buy older but quality coins than the newly issued coins because are already proven to go up after a sharp drop in their prices. I'll buy only new coins when the crypto market become positive again because the price of the new coins have the tendency to go up. Many promising coins are now in low prices but it to make a research on them first before you start buying.
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November 25, 2018, 12:40:15 AM
 #158

I usually buy different coins. But all of them are united by one thing, I see in them the opportunity to earn.
I buy new coins very rarely, because if the coin is new, then it doesn't have a history that can be analyzed in chart. And if I'm interested in some kind of new and promising coin, then I buy it by participating in ICO.
For a quick purchase / sale, I choose volatile coins, the price of which can fluctuate greatly throughout the day. Sometimes I  buying coins, which show significant fluctuations in a few days. But now on the market is very unstable situation, so right now I avoid such coins.
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November 25, 2018, 02:20:54 AM
 #159

With current market condition, i prefer to buy older but quality coins than the newly issued coins because are already proven to go up after a sharp drop in their prices. I'll buy only new coins when the crypto market become positive again because the price of the new coins have the tendency to go up. Many promising coins are now in low prices but it to make a research on them first before you start buying.
maybe this cheap price make investors or trader want to buy it.although bearish trend still happen strongly.but if we already calculate the risk i think we should to do this.

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November 25, 2018, 03:21:58 AM
 #160

I buy coins only top10 cryptocurrency. There are a lot of projects, many of them resemble each other. Developers can stop working on projects at any time.

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