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Author Topic: How Sure Are You That You Invested In A Right New Coin?  (Read 1751 times)
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September 22, 2019, 01:25:05 AM
 #1

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

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September 22, 2019, 07:04:28 AM
 #2

I only believe in projects that have real products, good concept, great team and i will invest there. But for new coin i think it's difficult to find that because they only have the concept and looking for funds to develop the project.

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September 22, 2019, 07:12:34 AM
 #3

If you are looking to invest in new coins, I believe you need to do a complete market survey, relying on projects whitepaper won't be enough. I visited a site there web-score and rating structure is decent, It's really helpful in decision making while investing in new coins.
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September 22, 2019, 07:25:54 AM
 #4

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

i will check all things about the new coin first before buying
such as the team member, features, technology and more
but team member is very important, because a project will scam or not is depends on their team member  Wink

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September 22, 2019, 07:28:09 AM
 #5

It really depends on what your goal and vision is as an investor. You'll know if you invested in the right coin if they align with what you wanted, whether it be for a quick buck or for the technology itself. I would say that crypto/blockchain is still in its early stages and I'm fully supportive of projects that can help spread adoption quick, having a cryptocurrency as a reward to loyal shoppers will definitely open their curious minds and look at what they're getting as incentives. Any small thing that will help adoption is definitely key, especially in areas where crypto is not yet that widely known/accepted.

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September 22, 2019, 07:29:50 AM
 #6

It is actually easy.
If you read deep into what the project will be then you know you are in the right place.

Team management also, if they are a legitimate group or the people behind it are real.
You can video call them if you are an investor. They should be willing to do it.
If not, then be scared, doubt them.
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September 22, 2019, 07:29:56 AM
 #7

It really depends on what your goal and vision is as an investor. You'll know if you invested in the right coin if they align with what you wanted, whether it be for a quick buck or for the technology itself. I would say that crypto/blockchain is still in its early stages and I'm fully supportive of projects that can help spread adoption quick, having a cryptocurrency as a reward to loyal shoppers will definitely open their curious minds and look at what they're getting as incentives. Any small thing that will help adoption is definitely key, especially in areas where crypto is not yet that widely known/accepted.



Yep, it's good to have ROI with the new coin that you invested for sure but they also need to be patient for the coin to develop. It's also good to check whether the roadmap is achievable and especially, if the team is legit. Regardless of how good looking their roadmap is, it won't matter if the team behind it are similar to what we've mostly seen last 2017.
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September 22, 2019, 08:17:02 AM
 #8

I only believe in projects that have real products, good concept, great team and i will invest there. But for new coin i think it's difficult to find that because they only have the concept and looking for funds to develop the project.

except the project already has s seed funds to start their own project
thats will make the project look trusted for me, and maybe i will drop my money to new coins like that buddy
regards
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September 22, 2019, 08:27:11 AM
 #9

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
Scammers could spend some money from their pockets to steal lot of money so judging any project with their advertisement alone will be trouble for us.

Finding about the project team's legitimacy is the best ever solution we have to find the scam projects.
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September 22, 2019, 08:40:46 AM
 #10

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
Invest in new tokens, i am never really sure with that. Usually i only buy small amount that i really afford if i lose. But for trading usually i ask my friends is the coin good to buy or maybe what can be happen in future about the coin. And then more sure if i follow my friend when he want to buy coins. About use money that we afford to lose, always on my mind. But when lose and still have friend who get same experience, something better for me.

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September 22, 2019, 10:17:25 AM
 #11

I am sure in only one thing,  that sooner or later crypto will get bullish and we would finally come back to the top. Right now, I know nothing and only believe in my investment choices, but I am not sure in any of them.


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September 22, 2019, 10:22:37 AM
 #12

Honestly if you are asking me about investing in a new coin I will disagree on that activity because it is full of risk. All we know that there are so many fake project and scam now. So for me it is more safe if we still trust on old and coin with a good image like bitcoin so we are more secured that it will stay alive even a year came unlike new coin that there is no assurance if it will survive.
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September 22, 2019, 10:45:35 AM
 #13

A pretty good research is needed to rely on a new project. Everything about the project and the team members of the project needs to be thoroughly investigated. I also compare a new project with other projects which has the same mission and vision. In this way, I am getting some information about how much success that project can achieve. Despite all this research, I always invest the new project with a small budget. Then, if my trust in the project increases thanks to the partnerships and updates announced by the project, then I prefer to increase the limit of my investment in the project.
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September 22, 2019, 11:52:31 AM
 #14

New coin no one know the future because it is new , but you can review the information of the new coin and do a lot of researcha and every single important information ia needed to review to know the potential of the coin. But I'ts still risky to invest for the new coin even you already determined if it's potential or not but because that new coin you need to take a risk to get profit.

 
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September 22, 2019, 01:00:06 PM
 #15

been a while since I invest in a lots of coins that just disappear out of thin air , a lot of it is lending coins, so for me knowing that I invest in something I never research and read about those coins,
and big losses I get, make me take a bit further to look and gather a lot of information now to know wether im on a good coin that will mae me have a profit out of it, since I learn a lot on my past investments make me think twice to a coin before I go all in, always research extra effort will bring you luck and happiness at the same time

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September 22, 2019, 01:04:28 PM
 #16

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

The best of us do fail. So, mostly it would be wise to diversify your investment in a number of coin and go with the flow. Invest in the most invested ones.
For now, BNB is my 1st choice of investment, though it's future is highly dependent on the future of binance, It could be the next big coin if binance keeps it's regime for the next decade.


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September 22, 2019, 01:17:30 PM
 #17

You can only be sure that the project is genuine and has solid team, product, good tokenomics etc but you can't be so sure that the price of the coin/token will go up or dump after listing. The market factors will decide the price.  Some projects even with great devotion from team still experience price downtrend with their coin, so it's a matter of grace.
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September 22, 2019, 01:46:34 PM
 #18

It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?

The best of us do fail. So, mostly it would be wise to diversify your investment in a number of coin and go with the flow. Invest in the most invested ones.
For now, BNB is my 1st choice of investment, though it's future is highly dependent on the future of binance, It could be the next big coin if binance keeps it's regime for the next decade.
For a new coin, any, even thorough research is like fortune-telling on a coffee grounds. First of all, trust yourself and your intuition. I choose projects which  give for utility for the community, I invest a bit so as not to regret the loss in case of failure. coins. There is another interesting new project, I participated in the bounty. The coin after going to the exchange and the distribution dumps a little,but not critical.It's Sessia Kicks( KICK). And of course BNB,XLM .
xOdiumNostrumx
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September 22, 2019, 02:18:45 PM
 #19

Its almost always a gamble when you are investing in less known projects, so you never can be sure about its future success. Its on you that you try to weed out projects with red flags and potential long term shortcomings and bet on the most bulletproof projects out there.
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September 22, 2019, 02:34:30 PM
 #20

How do you identify the word "right"?

When I want to invest, it's research + instincts. But I still can't say it's a right coin, I believe we can't be 100% sure. The project might look legit, but ended up being scam. Or you see it having a great future because of the developments, but ended up failed.

There's always a risk, you just minimize it.
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