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Author Topic: Why we buy new token or coin?  (Read 1153 times)
sehoon
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December 15, 2019, 12:44:18 PM
 #121

A lot of people buy tokens because most of them are cheaper than the top coins and they buy it because they believe that it is going to be something big in the future. While others buy coins because they want to make sure that they're going to have their money back with a bigger value. Most of which are coming from the top 50 coins.

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December 15, 2019, 12:58:35 PM
 #122

Of course buying a new coin is a destination to speculate and hoping prices will skyrocket when you buy it. There is no plausible reason besides that, because in the end the new coin will die after everyone has already profited from the speculation. As simple as that.

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December 15, 2019, 01:09:22 PM
 #123

at that time I personally made purchases on new coins because of FOMO, at this time I was thinking again to buy new coins and also be careful when making purchases. because of that experience that makes me prefer old coins over new coins
ganeshramk
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December 15, 2019, 01:10:33 PM
 #124

When I start with crypto, I bought couple of them for HODLing in my portfolio. Then I realized its a huge mistake. I stopped with buying anything in ICO after that.
Yamifoud
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December 15, 2019, 01:15:51 PM
 #125

at that time I personally made purchases on new coins because of FOMO, at this time I was thinking again to buy new coins and also be careful when making purchases. because of that experience that makes me prefer old coins over new coins
It is not surprising that people will be preferred of investing old coins rather than risking with the new altcoins. Even me, I'd never get interested in new coins cause we actually know that most of them never have a good market performance and might also be a reason to lose our money rather that of profiting.
We have to be smart and think twice before we go for investment.
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December 15, 2019, 01:48:12 PM
 #126

When I start with crypto, I bought couple of them for HODLing in my portfolio. Then I realized its a huge mistake. I stopped with buying anything in ICO after that.
When you purchase some coins from Ico sometimes it does not offer a profit. I experience also of buying coins from Ico and it is not worth it, the project did not last long in the market sometimes no exchange. Good to have coins that already exist in the market and a profitable one.
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December 15, 2019, 03:03:06 PM
 #127

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?
Some of us use that method as an option in short-to-medium-term trade or investment, while waiting for the big coin to strengthen again, or just as a collection, as far as I know everyone has their own way of trading.

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December 15, 2019, 04:25:23 PM
 #128

Of course buying a new coin is a destination to speculate and hoping prices will skyrocket when you buy it. There is no plausible reason besides that, because in the end the new coin will die after everyone has already profited from the speculation. As simple as that.
Betting into the a new tech will give a very good chance compared with betting on the old coins. The old coins will bring the long term guarantee caused by it was having a large daily trade volume and popularity among the users. But that will not make a small holder can become the next rich person instantly like when it did to the early investors.

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aomakun
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December 15, 2019, 04:33:18 PM
 #129

Of course buying a new coin is a destination to speculate and hoping prices will skyrocket when you buy it. There is no plausible reason besides that, because in the end the new coin will die after everyone has already profited from the speculation. As simple as that.
Betting into the a new tech will give a very good chance compared with betting on the old coins. The old coins will bring the long term guarantee caused by it was having a large daily trade volume and popularity among the users. But that will not make a small holder can become the next rich person instantly like when it did to the early investors.
but in the case of investing new coins we must really be able to do the right research to avoid problems. because the risk of new coins is greater but sometimes it can provide benefits in a fairly fast (short term). and if you are able to do it then it will not be a problem, and also make sure you are ready with the risks that will occur

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December 15, 2019, 04:37:20 PM
 #130

When I start with crypto, I bought couple of them for HODLing in my portfolio. Then I realized its a huge mistake. I stopped with buying anything in ICO after that.

It is still about luck. Some people have invested in ICO coins and profited very well from it.

Of course the reason for buying new coin is the expectation of a higher profit when the price starts appreciating.
Well if you will do that today you will ending up lost your money because of too many failed ICO now a days.
This is only works way back 2016 and 2017 when there are only few ICO  is making that year.
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December 15, 2019, 07:23:35 PM
 #131

When I start with crypto, I bought couple of them for HODLing in my portfolio. Then I realized its a huge mistake. I stopped with buying anything in ICO after that.
if you may know what coins you are holding, did you join ICO in 2018? almost 80% of ico fail when entering the market, there are even tokens or coins that have not yet entered the exchange, and in 2019 it looks like the ICO that has been replaced by IEO has a breath of fresh air, in Binance IEO always make profit
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December 15, 2019, 07:39:05 PM
 #132

For the belief, we have in the project. It should be that. Too often it is about blind greed and not the product which leads to very foolish errors and loss of money. Only buy coins in a project you believe in and can stand by. Not one you believe will take you to the moon. That is just luck if that happens but don't count on it.

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December 16, 2019, 03:16:31 AM
 #133

In my opinion, the reason why people buy new tokens is basically because of the possibility of selling at a higher price in future or trading for a much valuable token. In recent times, several new tokens haven't been getting the needed attention from investors, I believe its because of the nature of the market and fact that in most cases it takes a longer period for investment in new tokens to mature.
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December 16, 2019, 06:44:41 AM
 #134

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?
New coins are plagued with small volumes on exchanges and they don't last long either but I am more into them not for trading but for personal gains, i believe many old coins have already reach their highest levels of surprises and the rest is left for new projects now
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December 16, 2019, 07:15:39 AM
 #135

It's very obvious if someone buying a new token or coin that is the goal is to get a profit. But before doing so always research first because it is very possible one day if buying a new token or coin is not in accordance with expectations

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December 16, 2019, 07:33:41 AM
 #136

I will never buy any token , i prefer to buy a coin if i want to trade mostly belong to the top 100 coins, but remove those token belong that belon to top 100. This tokens has no real demand or use unlike coins that have it and making it more usable to users not only for trading but has use in real world.
:DMany coins started their early lives on erc20 blockchain before switching to new private blockchain themselves, most tokens are good and just because they are tokens doesn't make them bad

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December 16, 2019, 07:45:47 AM
 #137

Either new token price dumps or not i don't really care much because i care more about their use cases, they will surely recover in near future when market start growing green again

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December 16, 2019, 07:51:59 AM
 #138

It's very obvious if someone buying a new token or coin that is the goal is to get a profit. But before doing so always research first because it is very possible one day if buying a new token or coin is not in accordance with expectations
the easiest and safest way to current trends is to buy coins that are already registered and are in the top order. Looking for a good new project at the moment is difficult, although the concept is good, but it doesn't necessarily have an investor that matches the expectations of the developer. in that case trust becomes important

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December 16, 2019, 08:09:52 AM
 #139

Personally, I believe that all cryptocurrency enthusiasts are willing to invest in any coin in order to get a good profit. But since in this situation the cryptocurrency market is unpredictable, all users buy different coins in the hope of generating income. And also any new token is very interesting and has good potential for development.
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December 16, 2019, 08:12:51 AM
 #140

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?

Most people buy new coins to trade because you can say that new coins will be cheaper and with a little capital we can get double the profit if the coins we buy are in accordance with what we observe and maybe if it does not match what we observe we only get a small loss and of course we can still cover the loss, so I think that is the reason some people buy new coins.

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