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Author Topic: Why we buy new token or coin?  (Read 1118 times)
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December 17, 2019, 12:49:44 PM
 #181

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?

For some high level applications. Perhaps your favorite casino, book store, code index etc. forces you to use a specific token to in their operations. If you really like the application that much you will surely buy that token and start participating in the environment. This brings us to the point of how crypto needs to take a step towards value in useful applications rather than value in speculation.
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December 17, 2019, 12:54:06 PM
 #182

Buying a new token will help us to make a profit through trading because we are seeing the expansion of cryptocurrency transaction are kept increasing. There are some coins which we need to hold them in the long term because experts are predicting there are chances to increase their prices in the coming days.
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December 17, 2019, 01:29:38 PM
 #183

In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
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December 17, 2019, 01:58:57 PM
 #184

Belief me there are many shit coins in crypto space today and every day they keep showing up, new projects are only worth keeping if they have real use case or working product if not its a total waste if money and time
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December 17, 2019, 02:20:33 PM
 #185

When traders enter in a coin obviously they have a target of benefits either it's new or old coin. If there is few reason why people want to buy new coin when listed on exchange. First thing is, traders want to take advantage of volatility. You can see when an exchange list a coin then that coin prices pump suddenly, sometimes also dump as well. So traders take profits from it. Second thing is, few traders expect good returns from that coin in near future. This case often happens if project is enough potential. Some people enter new coin for trade only, they don't think too much, I mean they are day traders. That's how traders being involved with a new coin.
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December 17, 2019, 02:21:41 PM
 #186

I buy a coin for utility and trading reason, in terms of utility purposes; I sometimes use bitcoin in my daily transactions like paying bills. But I often buy cryptocurrencies because I'm a trader. I using the volatility the cryptocurrencies to make money where I buy low and sell high but that strategy is not easy as you think because I relying my decisions in terms od the price action and not because of news.

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December 17, 2019, 02:31:55 PM
 #187

And this is the reason could be by popularity, marketcap, and what exchange it get listed because you may want to buy it if its popular and listed on big exchanges. And we know that some exchanges are not good handling new token/coins because they are getting some issues with withdrawal, deposit, and delay in block.

That's the reason we need think of before buying new token/coins because some are just making a hype and providing fake volume to increase the investors.

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December 17, 2019, 03:02:53 PM
 #188

In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
The expectation of all traders is clearly looking for profit in buying a few coins or tokens, but that will certainly not be easy to do, because looking for profits in a bad market will be very difficult for us to get.

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December 17, 2019, 03:12:20 PM
 #189

If you are going to buy new coin or tokens you are exploring for opportunities to get profits. New IEO/ICO projects bring hype all time that make their coins valued in a high price. I think most investors do that and once they reach their target price they would sell partially of it or all of them then look for another new coins and opportunity to gain another profit from.
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December 17, 2019, 03:14:12 PM
 #190

In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
The expectation of all traders is clearly looking for profit in buying a few coins or tokens, but that will certainly not be easy to do, because looking for profits in a bad market will be very difficult for us to get.
for a trader, of course, analyzes the trade and the volume of coins or tokens to be purchased. It doesn't have to be a coin or a popular token, but the most important thing is the best moment that can be utilized. many traders like new tokens because the market for new tokens is faster. it depends on our trading skills.

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December 17, 2019, 03:39:54 PM
 #191

If you are going to buy new coin or tokens you are exploring for opportunities to get profits. New IEO/ICO projects bring hype all time that make their coins valued in a high price. I think most investors do that and once they reach their target price they would sell partially of it or all of them then look for another new coins and opportunity to gain another profit from.

This is one of the reason why crypto projects are not last long right now because new projects is coming almost every day and the investors are just coming for quick profits and will move to another projects in days. So the previous projects will collapse and price drops to zero.
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December 17, 2019, 03:47:59 PM
 #192

The primary reason why crypto-currency enthusiast/investors is buying some new coins/tokens in the market is just because they are hoping that in one day it might be experience a price boost and earn a profit out of it. In short everyone is just speculating in the new coins/tokens that's why they bought it for the first place. while in trading its different since you are not holding those coins/tokens for a long period of time because you are just waiting your target price and then you can sell it at any moment.
Exactly. Simply because they want to take the risk that someday this new coin or token they bought will be successful as Bitcoin, Ethereum etc become. Personally, I tried it before, I used to buy a coin that would I think will give me a huge profit and this really became trend way back 2017 let say some of the coins manage to make a name. However, as the bearish market arrives it's been hard for other coins to pull through that is why I leave it for a moment and prioritized the top-ranked coins since it has a high chance of getting a return.

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December 17, 2019, 03:55:04 PM
 #193

In my opinion, the expectations that buyers have for those coins are very good. Hoping to have a big and easy profit.
The expectation of all traders is clearly looking for profit in buying a few coins or tokens, but that will certainly not be easy to do, because looking for profits in a bad market will be very difficult for us to get.
Of course, the high expectation of profit is the reason we aim first when we are preparing to invest in a new coin or a new token, if it is not enough to convince us, I believe that no one has the intention to invest in new coins but exactly we want to make a profit from this is not easy because the new coins are not completely welcomed by everyone, especially as you said, in a bad market, these coins will almost collapse immediately after being listed. If we do not have enough confidence and sophistication in buying and selling, I think we should not join this plan.

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December 17, 2019, 03:55:16 PM
 #194

Not buying to trade but buying for long term hold, many new projects takes years to reach a milestone so its nothing to worry about on my own watch, i just make sure the coins are worth holding

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December 17, 2019, 04:11:07 PM
 #195

You already answered it. It all depends on what you came here to do in the cyptospace. I buy coins or tokens to resell and make more. I recently bought Atomic Wallet Coin (AWC) because coin is very cheap now and supply is low. More so, the team is very active and has a use case of a universal wallet where one can manage his portfolio over 300 cryptocurrencies. You can find out more information at https://atomicwallet.io
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December 17, 2019, 04:13:14 PM
 #196

You already answered it. It all depends on what you came here to do in the cyptospace. I buy coins or tokens to resell and make more. I recently bought Atomic Wallet Coin (AWC) because coin is very cheap now and supply is low. More so, the team is very active and has a use case of a universal wallet where one can manage his portfolio over 300 cryptocurrencies. You can find out more information at https://atomicwallet.io
Good point there pal, now that most coins are cheap its better to go for those with low max supply like millions because once market start growing green they will rise quickly, atomic wallet is not bad
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December 17, 2019, 05:33:10 PM
 #197

1 to get fast profit, bcz new coins have high volality to equilibrium price

2 to invest in long term. This is rarely in this time, but new coin is usually started by low price

and the others to use the token purpose. such as gaming (tokens), transaction (merchant), or anything.

 
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December 17, 2019, 08:56:47 PM
 #198

Due to its unpredictable situation. We all are doing tread on alt coin. and looking for good return of investment. in this case, New coin are always plus point to make a good income. Sometimes this might not be happen like if the IEO price is high. so we have to choose new coin in different fact like the supply, its protocol, IEO price and so on. But new coin is a great option to get a good ROI.
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December 18, 2019, 01:17:54 AM
 #199

Due to its unpredictable situation. We all are doing tread on alt coin. and looking for good return of investment. in this case, New coin are always plus point to make a good income. Sometimes this might not be happen like if the IEO price is high. so we have to choose new coin in different fact like the supply, its protocol, IEO price and so on. But new coin is a great option to get a good ROI.

Coins or tokens provide an opportunity to profit from trading. Investors will speculate on new coins because usually the market will be very active trading and this will result in high price movements. For some traders, this is profitable

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December 18, 2019, 03:57:13 AM
 #200

Due to its unpredictable situation. We all are doing tread on alt coin. and looking for good return of investment. in this case, New coin are always plus point to make a good income. Sometimes this might not be happen like if the IEO price is high. so we have to choose new coin in different fact like the supply, its protocol, IEO price and so on. But new coin is a great option to get a good ROI.

Coins or tokens provide an opportunity to profit from trading. Investors will speculate on new coins because usually the market will be very active trading and this will result in high price movements. For some traders, this is profitable
Indeed. Most of the new coins or tokens are profitable to trade because most of the time, it is hyped up by its community through telegram and twitter. It is a fast money maker in the market of cryptocurrency for years and if you are not actively looking for hyped coins or tokens then you are missing a big opportunity to create more bitcoins.

 
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