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Author Topic: new coins are worthless!  (Read 23514 times)
Isiaka208
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April 16, 2019, 05:39:52 PM
 #421

That's because they peg to ethereum price and as the price of ethereum goes up or down, the price of the token is either below ICO price or a little up gain when listed on an exchange.

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April 16, 2019, 05:49:10 PM
 #422

New projects today seem really very, very attractive, but I do not think that this will be true, because there are really profitable projects that were previously, now all this is nothing more than just another attempt to make money.
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April 16, 2019, 05:58:58 PM
 #423

Nowadays, the majority of new projects on the cryptocurrency market are really worthless, because basically all these projects are created by swindlers for their own gain

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April 16, 2019, 06:10:50 PM
 #424

there are fewer interested traders in new coins unlike in past years, which has affected the trade volume and price massively. Unfortunately most new coins dont get listed on exchanges with big volumes like binance and the rest. This mostly cause a big dump and the long period of bear market tend to have investors dump token to recover their fund at least to keep the value.

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April 16, 2019, 06:27:32 PM
Last edit: April 16, 2019, 10:26:44 PM by Jivwe
Merited by supermine (1)
 #425

They are few good projects out there, many new coins just raise capital with good ideas and don't develop the actual product. And this is the problem with new coins. They relax after token sale and fail to devote time and resources to develop their project.. Beautiful flamboyant Whitepaper. Shitty Product.
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April 16, 2019, 07:07:10 PM
 #426

Not all new coins and tokens are worthless ,don't use this kind of mindset to look at newer projects they are been released to perform better and fix issues with old coins and tokens so we need them

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April 17, 2019, 04:08:09 PM
 #427

there are fewer interested traders in new coins unlike in past years, which has affected the trade volume and price massively. Unfortunately most new coins dont get listed on exchanges with big volumes like binance and the rest. This mostly cause a big dump and the long period of bear market tend to have investors dump token to recover their fund at least to keep the value.
Chances to be listed is tough as new coins didn't acquired their target cap bringing the tokens being hanged up and don't have any clear path to take, making those new projects being worthless after finishing the ico's stage, interest got smaller from time to time as this venue of investment is no longer been practice by many investors.

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April 17, 2019, 04:26:42 PM
 #428

Not all new coins and tokens are worthless ,don't use this kind of mindset to look at newer projects they are been released to perform better and fix issues with old coins and tokens so we need them
which for example? I know that all coins except Bitcoin are now used only on words, but not in the real world

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April 17, 2019, 04:51:44 PM
 #429

it depends on the purpose of the new coin. if some new coins have no practical use. then it will be worthless. the market is currently in a bear market. there are very few blind investors.

Vice versa, many investors seem to be blind. Otherwise, they would never buy these tokens that are really useless and can die very soon. It is much better and less risky to invest in the most popular altcoins.
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April 17, 2019, 04:57:30 PM
 #430

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.
Its more than 90% of them are garbage and this is the sad reality

Engaging to the new project now is a suicide so of you wanna save your money then preventing to be fooled by them is the answer
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April 17, 2019, 05:17:14 PM
 #431

This is a very unpleasant fact, but really even the tokens of successful projects that have conducted successful ICO campaigns are not worth nothing, I think the matter is the lack of responsibility to investors.
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April 17, 2019, 05:19:28 PM
 #432

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.
in fact, not all new coins are useless and have no value, indeed most projects currently fail in development and only produce worthless shitcoin, the lack of investor interest in new coins makes many projects not reach hardcap, the project developers and teams should trying to create useful projects and attractive to investors so that produce high value coins

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April 17, 2019, 05:31:34 PM
 #433

I see this situation is not the first day,and I can honestly say in 18 year even came out after the ISO projects that bombed in price,but now even the bottom of the possible bottom,and Hiking, this trend in the near future gdatu sea weather is not worth it,in the sense that as practice shows,now ISO projects one after the other just bent

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April 17, 2019, 06:29:15 PM
 #434

OP title partially true, most of new token or coins are worthless. Most them are not spendable except trading on exchange. And that's why we face huge dump after listed on exchange. To be honest, new projects are raising fund for their own need and just list on exchange. They forget their promises and they do not continue further development. Very less coin or token are spendable. So most of coin or token really worthless.

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April 17, 2019, 06:48:55 PM
 #435

Yes, most new coins are useless. Some people create projects just to make money. But I want to invest only in the highest quality coins. That is why I am very picky now.

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April 17, 2019, 06:50:38 PM
 #436

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.

New projects have long been of no interest to investors. The reason is that they are all made with carbon paper and do not carry anything new. Accordingly, they do not grow in price and do not bring profit.

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April 17, 2019, 07:27:06 PM
 #437

With the new coin is always interesting.  Because you do not know how she will behave.  Maybe shoot and maybe not.  Because it seems to me that not everything is as sad as it seems.  On the new coins you can learn.  They are cheaper.

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April 17, 2019, 07:33:22 PM
 #438

With the new coin is always interesting.  Because you do not know how she will behave.  Maybe shoot and maybe not.  Because it seems to me that not everything is as sad as it seems.  On the new coins you can learn.  They are cheaper.

When you mean "cheaper" you indicate that they have low market cap, right? The problem with the new coins is that I have seen many instances where the developers and promoters abandon the project after they are able to dump most of their tokens. Once that happens, there is hardly any chance of a future recovery in the exchange rates.

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April 17, 2019, 07:37:30 PM
 #439

I also want to ask about that? Is that because the team is not serious about their project so their new coins are not valued? or just make a profit after leaving the project alone.
This questions also do ring through my mind!  Ether some of them has stopped developing they projects and some has been abandoned. I have decided to stop investing into all this new projects and focus just on the old one that has done very well in the past.
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April 17, 2019, 07:44:35 PM
 #440

New coin is not a good idea to buy because the market volume is still small, this can make coins become coin pump and dump or can be a coin to die. and new coins usually have the same project idea with old coins so this makes the new coin not have anything special

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