Opinions about the emergence of new Coins

[awawo]

The emergence of new coins in the cryptocurrency network is an avenue that is use for development because once there is a new token that shows that the cryptocurrency industry have develope in a new ways because most of this coins are design to solve one financial problem or the other and also open more room for decentralized trading which also reduce the over dependence on bitcoin only.

[poldanmig]

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

new coins in my opinion need a lot of time and confidence to hold them and the possibility of a new coin is cheap and if luck is on us we will get quite a profit that can be large and in my opinion the new coins will not affect the bitcoin cryptocurrency or eyes other crypto money

[GunsLair]

New cryptocurrencies are created for different reasons and for different purposes. One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems. Each cryptocurrency from the top of the most popular cryptocurrencies, has its drawbacks, and it is in order to fix this that new, more efficient counterparts are created.

[Wellyan]

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

in the era and technology that is progressing and developing, of course new coin will emerge and compete and in my opinion the development of the crypto currency depends on its investors and the new coins I feel at this time have not affected the value of other coins or coins

[shesheboy]

New cryptocurrencies are created for different reasons and for different purposes. One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems.

All cryptos are the same  . they have have simillar functions and that is to be used for buying, paying , trading  .  almost every new coins that are being built dont also differ to older existing coins  aside from their names and icons  . creators of this coins only think of their selves , they only care about the profit that they could possibly get if ever some prey could fall for their traps .

[TheUltraElite]

New cryptocurrencies are created for different reasons and for different purposes.

The only purpose remotely and/or clearly visible to those who have any grey matter left in their brains is that they are all cashgrabbing methods employed by people in the guise of world changing implementation of blockchain technology. Feed on that koolaid and allow your brain to rot like the rest of the hundred thousand "investors".

One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems. Each cryptocurrency from the top of the most popular cryptocurrencies, has its drawbacks, and it is in order to fix this that new, more efficient counterparts are created.

No such thing is necessary. The one and only bitcoin is a solution to a new monetary system. Anything other than that only makes it second to bitcoin. Why waste money on those if you cannot care of one? Its not going to be a 100x pump on every shitcoin out there. End of the day you are free to make your own decision.

[LUCKMCFLY]

As more people continue to join the blockchain technology, know its benefits and above all see that it is an economy that can offer financial freedom managing the money and large volumes of money without any third party, more new coins will go out, I think now, in this phase of the market many more will come out, because those that leave will be at very low prices, but at the moment that the market of a good bullish turn many of these outgoing coins, will already have community, with different Exchanges, and Seeing that there is a bull market, these coins will begin to emerge.

[Naida_BR]

New coins is the best way fo making cryptocurrency trading wider. It helps traders a lot to make them able in trading a lot of trading pairs and make profits from that.
New coins also benefit bitcoin as the price is increased due to the fact that people have to buy first bitcoin and then purchase another coin. They contribute a lot in the trading volume of bitcoin.

[Finestream]

New cryptocurrencies are created for different reasons and for different purposes. One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems.

All cryptos are the same  . they have have simillar functions and that is to be used for buying, paying , trading  .  almost every new coins that are being built dont also differ to older existing coins  aside from their names and icons  . creators of this coins only think of their selves , they only care about the profit that they could possibly get if ever some prey could fall for their traps .

Yes.Old coins and new coins may be the same in their functions but we should also see to it that those coins who have newly risen are also valuable just like bitcoin and enthereum.We are here to trade also so we should choose carefully those new coins that can be more profitable in the end and not just shitcoins that will make no value at the end of the day.

[D3m1r4wanti]

Answer:
1. New coins that appear mostly only become trash, and they will soon die when entering the market.
2. With more new coins, bitcoin will become more famous.
3. the benefits are for trade competition so that trading volume will be more so that trade will continue to run with large market volumes

[apilpirman.bisnis]

I have negative opinion about many new coin because always have lower price after listing on exchange market, many investor have lost asset after investing coin on exchange market and always lower price.

[babarian]

With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.

[needtor22]

I think seeing the price of new coins now also decreases in price every day, because for new coin investors it will also not be profitable in the long run compared to old coins, so I prefer old coins.

[TheUltraElite]

I have negative opinion about many new coin because always have lower price after listing on exchange market, many investor have lost asset after investing coin on exchange market and always lower price.

That is known as listing dump. Its triggered by the bounty spammers who grabbed their tokens doing shit-bounties and are now cashing it for btc or eth on the exchange just after getting listed. It is also done by some "ICO jumpers" who put in a random amount of money into every new ICO and sell them as soon as they get listed to move on to the next ICO. Both are pretty much the same.

The ones who are hard hit are the long time hodlers but if they are going to hodl for long time then they should not get moved by these known market movements.

With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.

They will not. There is no reason to put your money into a koolaid drinking crew of shitcoiners. Do your own research and remember that there is nothing second to bitcoin.

[RokokGudangGaram]

With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.

it is true that the coins are well developed but now many new coins that end up trash can make the market worse and harder to increase again. because the impact of new coins is definitely the market to get it

[avarnet]

for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice

[andieoke]

The emergence of new coins is a sign of the development of cryptocurrency, because this is proof of the existence of a new Cryptocurrency project. While the impact experienced by Bitcoin with the emergence of this new coin is, Bitcoin will be increasingly known. Because all new Crypto coins must be based on Bitcoin, and of course this can lift the value of Bitcoin. And for a Crypto trader, of course with the emergence of new coins will make more coins that can be traded.

[markdario112616]

It's simply say that the Crypto world is continously in progressive and agressive state. Though, despite of this new coins emerging, the risks are getting a bit more and more alarming. Yes, it is good that cryptos are still alive and kicking but the downside of it is that there are also a lot of Fake coins coming out. Which means that those group of people who are trying to scam people are also upgrading in a way. Nonetheless, As a trader I see this an good opportunity to maximize my trade and to try out other options as well.

[Ucy]

In my opinion, there are beneficial tokens and non-beneficials ones.
Beneficial tokens are tokens that bring in new participants,  jobs, and new money into cryptocurrency.
Non beneficial tokens brings little or nothing into the market.  They instead taken away funds from existing coins.

[ToyotaFortuner]

for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice

usually when new coins become coin rubbish and do not have a price or volume of trading maybe it is because of the influence of developers who do not want to support the coin again and maybe the influence of the project developed does not have interest or does not affect many people.