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Author Topic: Why we buy new token or coin?  (Read 1118 times)
Ailmand
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October 15, 2019, 05:20:51 AM
 #41

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

Honestly, some investors are blindly picking which project will they support and where do they invest their money in. Investors are always after money, and only are there for technology. If an investor thinks a project is profitable they invest. That is why investors and traders out their money in new altcoin. Not all projects that failed last 2018 are trash, it is due to the market situation and not to add the number of scam ICOs which affected even those legitimate ICO.

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October 15, 2019, 05:27:01 AM
 #42

Personally for long term holdings expecting to earn after, there's still no clear usage for new coin inside the market most traders buys for investment or for pairing inside the exchange. it's the practical way for gaining income if you have good skills with trading.

New token that have good potential growth will be kept for investment store assets.
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October 15, 2019, 05:30:29 AM
Last edit: October 15, 2019, 05:52:48 AM by Aabcde
 #43

The reason I bought a new coin or token is that is certain for investment. Which of course is only for the short term. Before buying certainly have to go through an argument within myself whether this will have the possibility to generate profits or vice versa. What is certain for the long term is that I take bitcoin as a solution.



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October 15, 2019, 05:42:58 AM
 #44

Well the most reason why they buy new token because there is chance to pump in a short time, but it can quick dump also, it's risky to invest a new token. It's better to invest in the top coinmarketcap at least they pick in the top 50.
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October 15, 2019, 06:05:51 AM
 #45

Mostly people buy coins and token to earn some great profit from them. But now there are so many scam projects that creates disturb in the crypto-adoption. I believe investor must deeply analyze market trends of the project, check its rating, whitepaper and its team members. Only experienced team have the potential to move the project.
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October 15, 2019, 06:32:43 AM
 #46

i am not too interested in new coins / tokens, currently new coins / tokens are not very good and it's very difficult to get money there. most of them are very difficult to grow, and the worst is that new coins cannot last long on the crypto market. most of these coins die after being registered in the exchange.
i am interested in coin with new product to offer in the market new ideas not just copy from other project that what i am looking . Token is just a trash to our wallet better not invested in it.

This is what we should do frequently. Because I think Everyone should encourage new ideas in the crypto industry for a better future. So, buying new tokens not just for making money, it can be good support for a new idea! Though the altcoins market is in the bearish situation, but this will be changed for sure. So, we can buy a new token to support a project which has unique products or dApp!

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October 15, 2019, 06:37:11 AM
 #47

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?
Many are buying to trade once the price goes up, but new coins are plain dangerous investment moves, i don't recommend it at all unlike old projects that have been in existence years ago, creating coins especially tokens have become very easy thats why more useless projects keep showing up

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October 15, 2019, 06:47:21 AM
 #48

the reason for buying tokens/coins like that is because the company is behind it. small example, in the future, why do people want to buy libra, because libra is supported by large companies such as Facebook, and many others. the other thing is also because the token has the function or thing that we need, and of course the potential to have a high price is huge. That is a common thing why many people buy coins that are ready on the market.

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October 15, 2019, 07:06:05 AM
 #49

Now if I buy new altcoins, I do it only through IEO on top exchanges, usually I buy new altcoins only on IEO at the Binance exchange, because that’s where good IEOs are held, after which you can immediately sell your tokens and get a good profit, and I’m not going to invest in altcoins that conduct ICOs anymore.
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October 15, 2019, 07:38:06 AM
 #50

We buy new tokens because have big chance to get profit after listing in market, you can see how growing up with new coin after listing just few second, many investor make moment to buy and we got much profit with higher more than 50%, but you can buy new coin depend which one exchange will be list, never buy new coin listing in shit or bad exchange market because no one investor like or invest with bad exchange, they have only with big exchange market.

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October 15, 2019, 08:28:58 AM
 #51

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

People buy new coins because they tend to speculate. Every investment we make in altcoin is speculation except for altcoin which is in the top 10 coinmarketcap because it already has a large transaction volume. By speculating on new coins, investors sometimes expect large profits

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October 15, 2019, 09:11:10 AM
 #52

To be honest , only the new comers into the cryptoworld are buying into the new projects as most of them believe that any coin could be the next Bitcoin which is not the case lets be honest! Don't chase dreams that could never happen with new projects but yea some of them could be hidden gems but most of them will be gone after run or just before the bull run.

Personally , I don't buy into new projects but I go on IcoBench daily and check the Announcement thread also in check for projects that I could make profit in the long run.

Good point and good question from @OP. For me, personally I  seldom or even not buying coins on ICO and even in IEO.Most of them lost value over time, and it will take time even years to recover. This is base o my observation since I witnessed the ICO boom in 2017 where many ICO become success full and gone after a year or so.

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October 15, 2019, 09:44:05 AM
 #53

I think they are willing to buy new coins or tokens because it has a potential to earn, Once it will get listed on exchangers so its very hard for them also to earn some money like playing gambling for their money.

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October 15, 2019, 10:45:08 AM
 #54

Most people buy new tokens or coins to ge a profit. That means they are buying low and selling high. That's right, the main reason is the profit. The important thing is you have to learn about fundamental analysis and technical analysis before you start to trade. Because the buying san selling points are important for traders.
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October 15, 2019, 10:56:11 AM
 #55

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?

I do not spend much using my coins. I normally buy coins or tokens for the sake of making a profit out of them. And lately, I am avoiding buying new tokens or coins. I guess I have enough already. My wallet has actually accumulated a lot of shitcoins that are now worth nothing. Some of them retains a little value, but so little that I would not even bother transferring them to another wallet. They don't even worth the withdrawal fee. 
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October 15, 2019, 11:02:44 AM
 #56

I pick good and great new tokens or coins. I'd like to hold it because I know I can guarantee for huge profit. we can pick a good new one. but for me I will pick for a new good start. with this I can win the race with no hassle and new projects now that run IEO's are good to pick and we can assure for profit in exact time.

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October 15, 2019, 11:11:00 AM
 #57

indeed if you have a very good platform and have a very high demand and even very useful for many people then we can buy and be a participant of raising funds from the new token, but if the platform is not very good then it is definitely not going to buy it.

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October 15, 2019, 11:23:27 AM
 #58

When coins are newly listed, some persons believe they have the potential to give some profit as traders tend to join the FOMO, and team bring in their support in trading for the coin to probably to well known ahead of the road map execution, Some newly listed coins have performed well in the short interim benefiting some wise traders before a major price decline. We saw this in most Binance IEO and some Kucoin IEO. It's majorly for profit taking that traders buy newly listed coins.

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October 15, 2019, 11:28:53 AM
 #59

One of the main essences of launching a coin or token is its utility power, but that is if it is a utility token, because there are other forms of tokens, such as security and equity tokens. However, the most common is utility token, which is in line with what is called its use case. Sometimes, investors buy coins, because of the services provided by the project or many projects, where applicable.
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October 15, 2019, 11:38:33 AM
 #60

What is the most reason to buy new token or new coin, to trade it in the market or to spend it if there something to spend it?
I am talking here that token or coin already listing in exchanges.
And not tokens exchanges such as BNB.
What you think?
Simply because it has the largest potential growth though it's risky. Buying new tokens means that you are trusting that coin will gain value in the long run because it's valuable to the market itself and it has something that other altcoins doesn't offer. Another factor is that some people doesn't believe that coins that are listed already for a long time such as ETH, XRP, and etc. won't gain much in the long run becausr it already reached its all time high thus they tend to invest to new tokens.
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