new coins are worthless!

[Leonardo7]

Many projects are born of greed, out of the necessity to swindle the public of their money, and that has been paying off until recently when we saw a drop in investment in ICO, they would migrate to IEO, we even saw some project who didn't reach hardcap switching to IEO, and still they can't prove their worth except for the rare few.

[sidkz]

I also noticed that when exiting the exchange, the price drops dramatically in price.
I thought that the reason for this falling market
Now the market is growing but there is no change

[killat]

Not all the new coins are worthless. On Coinmarketcap there is a tab that is called "Recently Added".

Here you find new coins that were launched in the last 30 days. The thing I love about new crypto coins are the rewards are high but the risks are also high. These coins are like investing in a new company. I've seen coins go from 10x to 100x as soon as they are launched. But then I also seen coins lose 90 percent within the first day.

It's something good to look at when adding new coins in your portfolio.

[dubprodigy]

Look for projects that change the space. Are all new cars worthless or you rolling a 20's coup?

[freedomgo]

I also noticed that when exiting the exchange, the price drops dramatically in price.

Not all coins, some coins pump especially the coins from Binance IEO.

I thought that the reason for this falling market
Now the market is growing but there is no change

The market is getting better but we are not there yet to the point that the bull run for the whole market is gonna happen like 2017, if you still remember.
Keep calm and hold it, don't complain as new coins if it's real is not a hype one, it should be develop and prove its worth before people will buy it.

[sanida]

The newly introduce coins are some kind of worthless things. but if they somehow developed unto some contender on the market after some many years of hodling them you might get a huge amount of money from it. but if they stay worthless just hold them who knows if they become a big thing in the future.

[gurunanakji777]

I agree with you somewhat but not every coin is worthless. In my opinion we can not say new coins are worthless every coin has their roadmap and we should not expect miracle with new coins in short time. It's not fair with new coins that we judge their performance on the basis of short time performance in the market. It takes time to implement the full roadmap of the coin then we can expect rise in coins value till then we should also keep patience.

[CAPT.DEADPOOL]

I can say there are many new altcoins that are not longterm and have no potential because many dumpers in their exchanger so good to do especially in the bounty to avoid dumping of the price should be small allocation or budget in a bounty to avoid dumping price.

[Payme21]

I really do not think new coins are worthless at least to an extent. It all depends on the motive behind the new project. If good brains are behind it and they are truly interested in building the project, then it can be successful

[fortunecrypto]

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.

There are a lot of new coins now that are really worthless, some of them are on a wait and see attitude, waiting for the market to get better before they launch their platform when they can do that because they already had funds coming from investors.

These are some of the coins in my wallet that are worthless that i received this year
Xera, Icechain, Treon Loligo all worthless.

[Anc92]

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.

That is like asking why companies distribute their own share certificate after IPOs.
Question to ponder on: How many of these crypto projects have fully developed their protocols and ideas into working products?
I believe these projects need to be given time to work and grow and like shares, benefits can be reaped much later... we're too quick to judge based on price movements.

[r_delossa]

They are not worthless, just give them time to show their potential. And by saying this I do not mean several days, wait for a year and see the progress of this devs and based on this timeline you can make conclusions but not based on two hours basis.

[MMA Rats]

Fully agree with this expression.  Almost all new coins do not represent anything.  Because they are either copies of what they are or just fraudsters.  Therefore, one must be very careful with them.

[ven7net]

You're right! Creating your own cryptocurrency doesn’t mean making it relevant and successful. To achieve the result you need the significance of the project and cryptocurrency. Also this process is influenced by cryptophones. Now we see how new projects and new cryptocurrencies appear every day and this makes cryptographic markets oversaturated. Customers from such an abundance of offers are often inclined towards the acquisition of top-end cryptocurrencies, as they have already proven themselves and have value. For new projects, as well as for their cryptocurrency, it is now very difficult to attract interest, for this you need to create something new and necessary.

[Anc92]

You are not far from right actually because most cryptocurrencies get delisted from several exchanges because their trading volume might have reduced significantly. Most cryptocurrencies that are being generated have no product to ensure that their value does not get totally dumped by the volatile crypto market.

This is actually the real problem you just pointed out. A coin without a product backing it's value is as good as "air" - Empty.
This here is the reason why projects like ECOMI can be invested in for the long term - a product almost fully developed, backing their native tokens.

[mackstuart]

I think it doesn't matter if it's new or old coin, with no specific technology this coin is empty and who do not need! A coin or token must have a technology that can solve a certain problem.

[EscrowService28]

new coins or old coins are the same. if they don't have a sale value, of course they will be left behind. coins that have a stable price movement that will last.

You mean if there is no market trades or volume? Yed, new coin or old, it will depend on their project. How does a project with new platform gain traction on market? Simple, they usually improved their marketing strategy in order to win investors and traders to buy and sell their tokens. But they should consider a good exchange for this to work out.

[santouao]

Yes thats what i see in the new projects that offers new coins because nowadays in cryptocurrency new projects has the difficulties in making the project successful and if we look at those they can even list those coins in top 10 exchangers which is can help them to boost the growth of their projects and the coins they offer.

[Kpelumo]

Not all new coins are the way you stated. That's why it's good to take a good look at a project before going into investments. Some good projects still list and get the price above the sale price.

[jackblacksparrow]

I do not think so.  Because new coins are not always bad coins.  Because technology is evolving.  Every day they come up with something new and this is not always bad.  I think on the contrary that with each new project we develop a cryptocurrency.