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Author Topic: new coins are worthless!  (Read 29754 times)
nicster551
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April 07, 2019, 12:14:21 PM
 #321

Yup that happens almost all of the time, they are very active on ICO stage then after that the development of the project is not moving at all. But I must say that not all of them as I see some new coins that are very useful in the near future.
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April 07, 2019, 12:17:11 PM
 #322

I do not have a good experience about selling my postICO tokens, all of them what I sold made another good growth. But all coins what I am still holding are constantly diyng. Maybe the best strategy is to sell 50% and to hold 50%.  Cool

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April 07, 2019, 12:19:53 PM
 #323

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
We don't need more crypto currencies to be honest so even making a good crypto might be worthless and it even make more crypto investors feels like this is another bump and dump coin just used for trading purpose so they are not going to get much interest on it even if they does the coin will lose its value at some point.

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April 07, 2019, 12:22:29 PM
 #324

Today, there exists about 2000+ coins, there are still 500+ coins in the pipeline, still many ICOs launching more and more projects, this cryptocurrency is really quite complicated now to really find meaningful coins or projects, scamming coins still persist in coinmarketcap.

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April 07, 2019, 12:26:01 PM
 #325

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
We don't need more crypto currencies to be honest so even making a good crypto might be worthless and it even make more crypto investors feels like this is another bump and dump coin just used for trading purpose so they are not going to get much interest on it even if they does the coin will lose its value at some point.
coins amount or projects in this market i think already overload now.too many shitcoin and useless projects that should not buuilded and funded.this shit projects make investors loss their money when suddenly this projects be scam projects.
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April 07, 2019, 12:58:40 PM
 #326

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
We don't need more crypto currencies to be honest so even making a good crypto might be worthless and it even make more crypto investors feels like this is another bump and dump coin just used for trading purpose so they are not going to get much interest on it even if they does the coin will lose its value at some point.
coins amount or projects in this market i think already overload now.too many shitcoin and useless projects that should not buuilded and funded.this shit projects make investors loss their money when suddenly this projects be scam projects.
Legit projects even failed to make their stand in the crowd so if someone is lauching new coin means the change of getting a huge volume crypto is less and that is the reason new advertisement strategies like IEOs were launched recently but still not good enough to be a potential coins.

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April 07, 2019, 01:04:09 PM
 #327

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

You are not misjudging, it's actually the fact, so many coins are losing their value when it hit the market, and investing in ICO has a lot of uncertainty, it's better to invest on coins that are already in the and shows stability and had a good fanbase.

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April 07, 2019, 01:12:07 PM
 #328

You are not misjudging. I also think same. No wonder most coins coming out now are abandoned or very low in value because the project developers and team have no strategy to beef up the price of the coin after its listed on exchanges.
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April 07, 2019, 01:16:45 PM
 #329

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

You are not misjudging, it's actually the fact, so many coins are losing their value when it hit the market, and investing in ICO has a lot of uncertainty, it's better to invest on coins that are already in the and shows stability and had a good fanbase.

This is only show that those project that have no strong fundamental will erase or became shitcoin in the market and Yes invest only to those altcoin that already listed in some big exchange site or youcan choose top 10 altcoin in coinmarketcap.
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April 07, 2019, 01:22:49 PM
 #330

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

You are not misjudging, it's actually the fact, so many coins are losing their value when it hit the market, and investing in ICO has a lot of uncertainty, it's better to invest on coins that are already in the and shows stability and had a good fanbase.

This is only show that those project that have no strong fundamental will erase or became shitcoin in the market and Yes invest only to those altcoin that already listed in some big exchange site or youcan choose top 10 altcoin in coinmarketcap.
yes to reduce a little risk or invest in popular coins that are already on the market. I believe that new coins are indeed worthless, most of them have no development at all. this can also cause some investors to be reluctant to invest in ico, because currently many ico end up with fraud.

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April 07, 2019, 01:32:20 PM
 #331

You are not misjudging. I also think same. No wonder most coins coming out now are abandoned or very low in value because the project developers and team have no strategy to beef up the price of the coin after its listed on exchanges.

yes there are lots of new coins dead. they only seek a momentary profit with their sweet promises.
I myself have invested in ico and the price has fallen x10 from the price of ico Sad

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April 07, 2019, 01:32:55 PM
 #332

what new ones? just completely new have adapted to the volatile market and taking into account all the risks, pros and cons, carefully avoiding the reefs encountered on the way ... the same ones that were released in 2018 and before that have sunk very much, since the price of cryptocurrency was different, but In the end, everything will be fine and the favorable time will return for them, for those who did not die completely)
Yes, I agree that most of the coins listed are not up to the very standard like ETH, Bitcoin and others are but it does not mean that all the new coins are worthless. You might have heard that the fastest race is not run yet which means that there could be more advancement and maybe with the further advancement in technology, some new coin will make its way to the top list of the market.

Not just new coins, there are more than 50% of coins which are being traded in exchanges already are worthless or they are here just to speculate or to repeat some already implemented concepts. I do see most coins are promising like they will encourage micro transactions but already there are 100s of coins for that purposes Shocked.
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April 07, 2019, 01:39:19 PM
 #333

Most of them will just prepare a catchy white paper with unrealistic goals. After the token sale, the project gets stacked and the team runs away.

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April 07, 2019, 01:49:12 PM
 #334

I don't share your sentiments at all. There are still some projects that take great interest in product development. Hydro for example is a good one. People just need to be more careful when investing in crypto projects than before because it takes more than fake hype to actually develop a project.

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April 07, 2019, 01:59:35 PM
 #335

Most of them will just prepare a catchy white paper with unrealistic goals. After the token sale, the project gets stacked and the team runs away.

This is the factor that makes the market drop and makes investors afraid of investing in crypto, if they invest, of course only on top ranked coins such as bitcoin, ethereum, Litecoin and so on.

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April 07, 2019, 05:40:36 PM
 #336

Well, it is predictable if the project itself does not use its coins, it simply does not need them. Now the market situation also influences the price, but I think that soon many coins will come to life.
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April 07, 2019, 05:43:27 PM
 #337

the idea of new coins being worthless is all about the new bearish market and its negative impact in the market. it has been a while now since the crypto currency market witnessed any bullish patterned movement and that has given the space a not worthy look from investors and thereby making new coins look worthless

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April 07, 2019, 06:04:17 PM
 #338

It seem more projects are built principally around hype and not really on offering unique services that are better than traditional method of doing things.Crypto should offer superior service and help solve problem of society.
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April 07, 2019, 06:10:34 PM
 #339

Well, most of them are worthless except a few, so we have to be careful investing in these coins. If you are lucky then one or two would get to moon.

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April 07, 2019, 07:04:01 PM
 #340

And this is exactly the reason why many project have not listed their token on any exchange. Even those ones that conducted their public sales on exchange platforms such as dobitrad and Latoken. This is because they know ones the token is listed, it will practically get dumped most especially those one that offer huge  discounts and also have bounty program. As far as the market does not recover fully well. It will be hard to make great profit from investing and coins will end up worth less
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