Why people are excited everytime we see a new coin without knowing it first

[fortunecrypto]

Some people still get excited, some people are not those who gets excited are those people who are new here and still trying to get more tokens, in the hope that the tokens that he is going to receive will worth in the future.
And those who are not excited anymore are those people who has experienced everything, the scam the profit and who knows the real condition of the ICO and bounty hunting, that is now at it's worse.

[plast555]

It's about human psychology. It's about building today's world on "consumption." We always want and desire better, new and more technological.

"New" is always good. Man always wants to have better. In an age when consumption is so extreme, it is quite common for new coins to excite us.

[Mianae]

New coin equals new money all things being equal. Everyone rushes in everyone expects profits only little gets the profit when the feast is over before the coin becomes old as well.

[Bitbtc8]

The excitements of new coins are always present for all crypto hunters and new investors but if you've been around in crypto space for a while you must have know that its not worth it to be excited when new projects pop up, cos mostly they are scam projects

[huu78]

Yes very agree with you. There are so many projects that arise people in their pleasure and spread the project without reading or in-depth.
And until the last time, their campaigner failed. Many people ridicule fun etc. It's true that it hurt investors where it is pleased to put the project to a sudden failure.
But that's all a positive and negative impact. We should be clever to choose which projects are good and which ones don't.

[rmhuntley]

New coin equals new money all things being equal. Everyone rushes in everyone expects profits only little gets the profit when the feast is over before the coin becomes old as well.

Every day there may be so many altcoins made, some good and some shitcoin. Why do people believe in new coins too easily? 
1. The desire to get rich quickly. 
2. Tempted by many benefits. 
3. It's too easy to believe in promises.
4. Etc.
The fact is, new coins made through the ICO/ IEO project are not always profitable for investors. There are only a few of the many products that can survive in the market and the rest fail and disappear. What is the biggest risk of investing in new coins? 
1. Loss, the funds invested in the project will not return if the market demand for the product is very low.

Mistakes in choosing a product will cause funds to disappear, and this is a risk that must be accepted by every investor.  What must be done to minimize risk? 
1. Start the learning analysis, investigate and understand what the project offers and future product benefits.
If you find a project and product according to the criteria you want, then you have the right to invest in them. Minimize risk and see what we will get.

[TaliskerDarkStorm]

Now that's called" hype." Every time I see a good new project, I scream like a little girl. Because there are projects between them that sometimes excite me too much. I'm very excited about the new blockchain projects, especially on social media ones. gram, voice, contentos are a few of them.

I think I'll never lose that excitement because I wholeheartedly believe in blockchain technology and mass adoption.

[forexandcryptoauditor]

This is very true. When airdrop or bounty is announced, its based on the ICO/IEO price of the token. Say 10 million dollar bounty. But when it actually hit the exchanges, real price becomes so much % less that bounty pool becomes 10,000 dollars  
This is what the situation of 80% of bounty rewards holding. I think we should just ignore the initial price set by projects for their ICO/IEO.

[Backupnime]

one point i know.

people are excited to invest in new project, they think invest in new project with high interest by other people can make the project successfull and make profit for them.

i know the feel people why they excited with new project even don't know anything about the project.
this is a fact

[dannybrown]

When I see a new coin coming up, I go to its website and check everything in detail. %99 of new coins are shittcoins with a really inexperienced team. I get shocked how they introduce themselves as CEO, CTO etc when they have no knowledge of blockchain. We should be aware of these when we are investing or even joining bounties.

[Neo.op]

A new coin does not mean it will be a successful coin. Even 15 year olds tend to create a project now and all they know about blockchain is Bitcoin. We all have to search really well about blockchain projects because I have seen terrible websites with terrible teams. Good projects can be understood even by looking at their website, design and interface.

[chanc3r]

There is a misconception that is existing where the investor are excited when they see a new coin that got listed even they do not have enough knowledge about it. They thought that the coin can help them to become rich.

Those are newbies, the experts will always do a lot of effort to dig the information about such coin. They are trying to get their chance but they don't realize what the risk that has already faced by them all.
As you can see that people these days are so crazy to bet on a new coin. This is the real implementation of how wild the speculation market is.

[Kersh768]

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

The reason behind this is the hype created by assumptions of the majority. People get excited most of the time to a new project whenever it is being rated by the investors. It is really a good thing because it leads to demand which would be good for the project for the long run. But the problem is the market behavior itself. No matter how popular a crypto is, the dituation still would determine wether a projct would be successful or not.

[deathcode]

simply it is related to marketing done by the team. because you can only be interested in the concept of a good offer for you to have. good teams usually offer good deals for investors. therefore many are interested in new coins that have not even been registered in the exchange.

[confreslamp]

This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

[btcdie]

it was common in my mind, because human nature is too emotional / ambitious about the greed of money or just want to profit without thinking about risk. moreover the project / coin concept is very neatly arranged, surely people without thinking about the problem behind it.

actually analyzing is very important before investing or just following the bounty / event of the project. that is the reason ICO is currently quiet from investors / difficult to reach the point of success. It all comes from our carelessness, which is to advertise the project, without analyzing it first so that it is crowded and investors come, even though it's all a scam. 

[Metall303]

This is all because of hype. As soon as people see 4,9 rating by ICOBench, they are buying tokens like crazy, without even knowing that those ratings are paid and cannot provide a real project analysis based on objective data.

I think this is an old story. now almost everyone knows that rating sites give false information and very often people who put ratings are part of the team

[Best Dreams]

When you have accumulated a sufficient number of failed companies you involuntarily start to worry. Especially when promises to issue tokens and listing on exchanges are not kept and after they are fulfilled coins cost too little. Such a cryptocurrency truth of life)

Being a new user it is not good for the crypto users to invest in new coins before investing in any coin he should gain knowledge about the coin only then invest. People who make the mistake of trusting blindly are increasing in number so they should just stop and wait for the right time of selling and buying. Newly joined people get more excited than the old one while purchasing so they should control their emotions.

[batang_bitcoin]

The ones that are making noise about these new projects are themselves. Because they have to attract attention from everybody so that they will get more investors. While the bounty hunters are happy about it because there's exposure and PR is so good, they've never thought that those kind of projects can soon turn into a scam. That's why in investing, always be careful with those projects and also be a bounty hunter that's always curious into knowing more the project.

[biddicoin]

Everytime there are coins that are being advertise we get excited

why did you say that? i dont think so, there are smart people here so they isnt easy to believe in something (coin)

we are just excited about the bounty , and sharing links to others to make lots of refferal and bonus

if we speak about bounty, it would be different. they just are speculative to get bit of profit (payment), if dont, they just lose effort and time, not money.

but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

i strongly agree with this. move on and find the new one